If you need to exchange Ripple (XRP) to Tether TRC20 (USDT), you will note that there are several ways to perform this procedure. On www.bestchange.com/ripple-to-tether-trc20.html you can find more additional info. But each option has its characteristics. And there is only one ideal solution. To make sure of this, let’s study the topic more carefully.
Exchange options
You can exchange using:
- Cryptocurrency exchange.
- P2P platforms.
- Telegram bot.
- Private person.
- Electronic exchanger.
The last option is considered one of the best. You just need to exclude from the field of view the scammers’ projects in this area. You can successfully solve the problem using the help of the BestChange monitoring portal.
On www.bestchange.com, you can safely search for profitable offers of rating of online exchangers because the site provides users with a list of reliable providers, verified for honesty and transparency of work. Exchangers have many positive reviews confirming the safety of cooperation. Working with the resources under consideration, you will be able to note many additional advantages:
- converting currencies at current rates;
- low commissions, making the exchange profitable;
- the ability to conclude transactions 24/7 – many exchangers work around the clock;
- large currency reserves allowing large transactions to be made;
- the ability to exchange large and small amounts.
As for other exchange methods, they have some obvious disadvantages. Exchanging Ripple through cryptocurrency exchanges and P2P platforms involves high commissions and often takes 3-5 days. Working with Telegram bots and private money changers is risky – many scammers are among them. Even if you find a reliable service provider after making a lot of effort, there is a risk of making a transaction at an unfavorable rate with high commissions. Plus, individuals usually have small amounts of money and are focused primarily on small transactions.
Now, it’s clear why converting cryptocurrency using the offers of electronic exchangers is recommended. There are many options for organizing transactions. All you have to do is choose the right one.
Deal selection criteria
When studying the conditions for exchanging Ripples cryptocurrency to Tether USDT stablecoin in TRC-20 network, consider the following parameters:
- cryptocurrency conversion rate;
- the presence of an additional commission;
- reserve of currency;
- restrictions on the number of digital coins converted per transaction;
- the ability to fix the rate upon application conditions for providing the option.
Pay attention to the last point. Not all exchangers fix the rate. Services that provide this option can “freeze” the value of a currency for 15-20 minutes after completing an application or without a compressed time frame if the exchange rate fluctuates within 0.25-0.5%. Conditions are changing. If you want to use the marked option, study the offers of the service providers you like more carefully.
Exchange procedure
Having chosen an exchanger and determined the best conditions for currency conversion, open the contractor’s website and study the rules of cooperation first. Pay attention to all the nuances. They will need to be followed to make a successful transaction.
Next, fill out the application. The standard form may differ slightly depending on the selected exchange service. Usually, exchangers ask the client to register: the number of digital coins to be converted; surname, first name, patronymic; telephone; valid e-mail.
The next step is confirmation of the application. By doing this, you agree to the rules established by the exchange service. Next, you need to obtain a cryptocurrency wallet number from the contractor’s operator, transfer digital coins, and observe the deadline for payment of the application.
The final stage is the exchange Ripple to Tether by the exchanger. Usually, it is carried out within half an hour or an hour from the moment the client transfers the cryptocurrency. After replenishing the balance with electronic currency, the transaction is considered successful.
