Cryptocurrencies have become the standard of modern life, business and communications. Transactions with digital coins are necessary for mutual settlements and purchases, earnings and savings. All this is associated with the active exchange of cryptocurrencies.
When choosing cryptocurrency exchange services, they are recommended to be evaluated according to the following criteria:
- Favourable exchange / purchase / sale rate
The closer the best conversion rate to is the exchange rate and the lower the commission, the more profitable your transaction will be;
- Work experience
The longer a service has been on the market, the higher and more stable the quality of its services is;
- Range of cryptocurrencies and payment methods;
The more options you have, the more comfortable the exchange is;
- The volume of cryptocurrency reserves;
Every trade must be proceeded with;
- Low limits for cryptocurrency transactions;
Comfort should not depend on the amount of the transaction;
- Modern and user-friendly interface;
There should be applications for all kinds of OS and device types;
- Customer Reviews;
The more positive opinions are, the higher the trust in the service is.
You should be very careful when choosing the best online cryptocurrency exchange, because in fact it is your business partner in financial transactions, sometimes for a very large amount. Be sure to control the speed of the exchange, as cryptocurrency transactions require serious confirmation, moreover, multiple times. This, of course, increases the processing time for your order, but everything should be within reasonable limits. Unscrupulous exchange services, referring to the technically necessary time, deliberately delay the execution of the order for the purpose of getting a more profitable (and unprofitable for you) exchange rate. We recommend that you make a trial exchange before working with large amounts, just to test the technical conditions of a potential partner.
Godex is one of the leaders among crypto exchange services, due to a confident advantage in the following categories:
- the best buy / sell rate;
- the number of cryptocurrencies;
- the volume of cryptocurrency reserves;
- high level of reliability;
- high speed of the exchange.
Of course, all these ratings and assessments are dynamic as the competition in the field of financial services is very high and in the struggle for customers. The best cryptocurrency exchange trading platforms are constantly evolving and improving the quality of their services. The leader is always determined by the clients` requests and reviews.
All cryptocurrency exchange services work according to the same principle: in the process of executing each order, two accounts of the contractor and the customer are involved. The Customer transfers a fixed amount in one currency to the contractor’s account, after which the contractor transfers the equivalent amount in another currency to the customer’s account. The calculation is performed at the exchange rate offered by the service and it is valid until both operations are completed.
Digital coins are designed for fast, cheap and secure transactions, so investor’s confidence remains the main factor in the popularity of cryptocurrency. In addition to the five leaders BTC ETH XRP LTC and EOS, Godex offers more than 200 currencies for conversion.
How to Exchange BTS to BTC on Godex.io?
On the main page of the service with the help of the online converter, then select the BTS to BTC pair for the indicated exchange direction. Specify the BTS amount which is subject to conversion and get the proper result on the display, i.e. the amount in BTC that will be credited to your correct BTC wallet address indicated in the separate line of the converter. Then just click the “Exchange” button. But that’s not all, after that Godex will generate an address to which you must send your BTS coins and as soon as the exchange service receives confirmation of the funds receipt, it will immediately start the exchange operation. If you have never changed electronic money via using exchange services and you seem to have some problems during the exchange transaction, please use our detailed instructions in the FAQ section. If you still did not succeed in exchanging BTS to Bitcoin, we recommend that you inform Godex technical support about this situation.
