Switchere Review: Is it safe or scam to use?

Switchere Review: Is it safe or scam to use?

Another fastest-growing cryptocurrency platform that allows buying and selling bitcoin and other cryptocurrencies instantly with your credit card and local bank almost in all countries.

Using Switchere exchange features, users can buy BTC, BHC, ETH, DASH, EOS, LTC, XML, XRP, and USDT20 in a few clicks with their credit card (USD, EUR) and local bank (MYR, IDR, THV, VND).
 
In this article, I will show you how to use Switchere and review Switchere.
 
So with no delay, let’s start.

What is Switchere?

Switchere is one of the most reliable online exchanges for buying cryptocurrencies. The company is a licensed provider of financial services with guaranteed legal compliance and a secure infrastructure system for fast crypto exchange services at fair prices. With Switchere, users can buy, sell, and exchange their cryptocurrencies with a credit card or local bank around the world.
 
Switchere Review Buy And Sell Bitcoin Or Crypto Instantly With Credit Card

About Company.

The Switchere was founded in 2019, and its headquarters are in Tallinn, Harju Maakond. Full details can be seen below. Click here for more.
 
Switchere Review Buy And Sell Bitcoin Or Crypto Instantly With Credit Card
Switchere Review Buy And Sell Bitcoin Or Crypto Instantly With Credit Card

How do I register an account on Switchere?

  • Go to the Switchere website.
  • Enter your valid email address.
  • Enter a strong password.
  • Click on “Complete Registration” and check your email inbox.
  • Press on the link and confirm your registration.

Switchers are not supporting countries.

Switchere.com accepts credit and debit cards (Visa, Mastercard, and Maestro) for payment processing on the website. All verification documents provided by platform users are subject to standard eligibility requirements. Bank cards issued in the following countries are not accepted for exchange services due to regulatory requirements adopted by the payment processing service provider.
 
Afghanistan Algeria Bahamas
Bahrain Bangladesh Belarus
Bolivia Botswana Brazil
Cambodia Canada Cuba
Ecuador Egypt Ethiopia
Ghana Iceland Iran
Iraq Japan Morocco
Kuwait Lebanon Libya
Macedonia Namibia Nepal
Nigeria North Korea Oman
Pakistan Palestine Panama
China Qatar Saudi Arabia
South Sudan Sri Lanka Sudan
Syria Trinidad and
Tobago
Tunisia
Uganda UAE USA
Vanuatu or
Yemen

Supporting fiat currencies and cryptocurrencies.

Switchere supporting 6 fiats and 9 cryptocurrencies that are? Fiats: USD, EUR, MYR, IDR, THV, and VND. Cryptocurrencies: BTC, BHC, ETH, DASH, EOS, LTC, XML, XRP, and USDT20.

Buying and Selling Method.

On Switchere, users can buy and sell Bitcoin and cryptos using two methods.

1. Buy and sell crypto using local banks.

Users can buy and sell crypto on Switchere with local banks and currencies. This feature is available only in a few Asian countries, such as Malaysia, Vietnam, Thailand, and Indonesia. With the following bank’s names: Maybank, Bank Central Asia, Bank Negara Indonesia, Bank BRI, Hong Leong Bank, Public Bank Berhad, CIMB Bank, RHB Bank, Bangkok Bank, Kasikorn Bank, SCB Bank, KTB NetBank, BIDV Bank, Sacom Bank, Techcom Bank, ACB Bank, Vietin Bank, Vietcom Bank, and Donga Bank,  
 
Switchere Review Buy And Sell Bitcoin Or Crypto Instantly With Credit Card

2. Buy and sell bitcoin with a credit or debit card.

On Switchere, users can buy and sell all leading coins such as BTC, ETH, LTC, BCH, XRP, DASH, EOS, XML, and USDT20 in USD and EUR.  Use your credit or debit card from VISA, Mastercard, or Maestro for online crypto purchases. After making a successful payment, they will send your coin to your given wallet address.

Deposit and Withdrawal Methods.

There is no deposit or withdrawal function; you will receive your crypto or fiat money directly in your provided wallet. For example, if you buy or sell bitcoin or crypto with your local bank or credit card, then you have to provide your wallet address, credit card, or bank information. So after you successfully complete your payment to Switchere, they will send your crypto or fiat to a provided destination.

How Can You Exchange Cryptocurrencies on Switchere?

To exchange one crypto for another, do the following:.
  1. Press the “Buy/Sell Crypto” button in the upper left-hand corner of the website or use the “Order Form” on the homepage.
  2. Choose the currency pair for exchanging and enter the amount.
  3. Enter your wallet address to receive your ordered amount of crypto.
  4. Transfer funds to the provided deposit wallet address.
  5. Once you send the funds and your transaction receives the required number of blockchain confirmations, the amount of the purchasedpto will be sent to your provided wallet address accordingly.

How to Buy Crypto Using an Asian Local Bank Account?

At Switchere, you can buy all popular cryptocurrencies using your native fiat currency,vailable through your Asian local bank account. To buy cryptocurrencies using this payment method, you need to:
  1. Choose your preferred fiat currency from the list ofks;
  2. ptocurrency you want to buy.
  3. Enter the amount you would like to convert.
  4. Enter your wallet address for receiving the ordered amount of crypto and tap “Make Payment.”
  5. It will redirect you to a secure payment page. Choose your preferred local bank from the menu list.
  6. Enter your bank account credentials and confirm your order payment.
  7. Once your payment is confirmed, the ordered amount of crypto will be sent to your wallet address.

Is That Limit Exchange On Switchere?

Yes, like every platform, Switchere also has a limit.

1. Limit exchange for Asian fiat currencies to cryptocurrencies.

2. Limited exchange rate for crypto to USD and EUR.

By default, when selling crypto to EUR or USD, there are certain exchange limits for each bank card imposed by the payment processing service provider. The information below concerns one bank card at a time.

Switchere Review Buy And Sell Bitcoin Or Crypto Instantly With Credit Card

3. Limit exchange for cryptocurrencies to Asian fiat currencies.

The minimum and maximum limit per transaction for crypto to Asian fiat currencies.
 
Switchere Review Buy And Sell Bitcoin Or Crypto Instantly With Credit Card

Verification and Limits.

Switchere Review Buy And Sell Bitcoin Or Crypto Instantly With Credit Card

Switchere Fees.

Switchere does not show fees on its website, but you can see and calculate the fees during the last transaction. It may be between 5 and 15% of the amount.

Conclusion.

  • Easy to use, no unnecessary features.
  • Registration is required under 100 EUR purchases.
  • High-paying affiliated program (about 80%).
  • Directly receive crypto into your wallet.
  • You cannot cancel your order after the transaction.
  • The buying and selling amount is tiny, especially for USD and EUR.
  • Supporting only a few countries.
  • You cannot buy and sell an AIT card or bank account issued by other’s names.
  • Local currencies are available only in a few Asian countries.
 
Abhishek Rajbhar Avatar

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