To make a transaction to convert TRX cryptocurrency to BTC, you need to choose the most profitable and reliable exchanger. The difficulty lies in the fact that there are many such sites on the web. They all form two large groups:
- Traditional cryptocurrency exchanges;
- Instant exchange.
Traditional platforms
Such services work on the same principles as any other exchange: currency, stock, etc. A number of cryptocurrencies and possible exchange options are supported on trading platforms. The service always has a certain pool of liquidity for executing transactions and usually provides clients with a wallet service. In addition, on exchanges, it is possible to convert digital assets into the title units of electronic payment systems and fiat money.
The TOP 10 most reliable exchanges now look like this:
- Binance
- Bittrex
- EXMO
- LocalBitcoins
- Probit
- Poloniex
- HitBTC
- Bitfinex
- Bibox
- Ternion
It should be noted that having a pool does not mean that it always has enough funds to complete your transaction. If you regularly exchange large amounts, you may have encountered similar situations. Then you need to either wait or look for another place where there is a TRX to BTC converter. System search also takes time.
In addition, the exchange rate of cryptocurrencies on different sites is slightly different.
This can be easily verified by simply comparing several cryptocurrency exchange services. Traditional platforms have another drawback: you need to register there, and for some operations – and provide scans of documents. This is not acceptable to everyone, so an alternative is needed.
Instant exchange
These services work in a completely different way. They do not have a pool of liquidity, but there are no delays associated with a lack of funds. How is this achieved?
In the universal Letsexchange.io widget, the visitor needs to fill in all the fields in order to provide the basic parameters of the transaction. Your favorite and trusted service always offers the best crypto exchange rate.
- In the field “You are sending” you need to indicate the name of the coin and the amount to be sold.
- In the “You receive” field, similarly indicate the name of the coin for purchase. The system performs all calculations automatically.
- Choose your preferred rate type. By default, a floating rate is specified in the widget, but you can also choose a fixed rate.
- Press the “Exchange” button
- At the specified address, replenish the deposit for the amount of the transaction.
This is where active participation ends and then the system works automatically. SmartRate technology methodically scans several dozen of the largest cryptocurrency exchanges, compares the rate and other parameters of the offers for the TRX pair on BTC, selects the optimal one, makes a transaction and credits the purchased coins to the user’s wallet.
Since Letsexchange.io takes liquidity from major market players and selects a platform with a sufficient pool, transaction delays are eliminated. The service works only with proven platforms and coins, which guarantees the success of every transaction. The program works impartially. She does not pay attention to the rating of a third-party platform, but looks for the most favorable conditions and works on them. What will take you several hours or even days, a smart tool will do in a matter of minutes.
Conclusion
The choice of the method and site for exchange is always yours. However, is it worth diving deeply into the study of reviews, ratings, forecasts, if there is Letsexchange.io?
