Effective methods to protect money during exchange. Is it possible on the official website of the exchanger MagneticExchange.com

Many people are used to exchanging currency in banks. This method is considered reliable, since no one worries about the money being lost, stolen or provided with counterfeit bills. But what to do when the transfer needs to be made right now and there is no opportunity or time to find such an institution, and even with a favorable rate for the client? Electronic currency exchangers come to the rescue. Many people are afraid to connect to the Internet. But today, special methods have been developed to protect the personal data of all users and a description of effective methods for protecting against fraud is provided. You can find a reliable currency exchange on the official website of the exchanger MagneticExchange.com.

Brief introduction to the exchanger

MagneticExchange is a profitable service for selling, buying or exchanging various types of electronic currencies. The site allows you to work with cryptocurrency and payment systems; here there is a translation from dollars, euros and rubles. MagneticExchange appeared on the exchange market quite a long time ago. For more than 8 years he has been working to provide high-quality, fast, profitable and reliable exchange. During all operations, every client is important for the service, so only professionals are always present on the site who will help resolve any issue in a short period of time.

By going to the official website of the exchanger MagneticExchange.com, the visitor will get acquainted with a simple and convenient interface. There are no pictures, advertisements or other materials that could distract from work. Each user sees from the very beginning what types of currencies the exchanger works with and what amount he can count on at the moment. Registration on the site is not required. Almost all directions are available to non-authorized users. Also, any visitor who understands German, English, Spanish, French, Portuguese, Russian or Chinese can use the exchanger. Nearby is the selection of the required country.

This service uses data protection using the SSL protocol with 256-bit encryption. For this purpose, an appropriate certificate was obtained. Every visitor can get acquainted with it. It is located at the very end of the official website of the exchanger MagneticExchange.com. Transactions with currency are carried out only on this page; the administration does not consider or offer any applications through electronic communication methods.

Sections of the site

The top menu of the Magnetic Exchange website consists of the following sections:

1. Exchange. The main page from which all operations are performed. The reserves for each payment direction are also indicated here.
2. News. Information about the latest events on the site, congratulations on the holidays. This section is rarely updated.
3. User reviews. It is not yet possible to leave a review on this page; this is done at the moment the exchange is made.
4. Reference. Quite an extensive and detailed reference section on the operation of the platform.
5. Contacts. Information for contacting technical support via Skype, contact form.

Introduction to types of currencies

There are quite a lot of areas involved in operations. Each of them has the necessary reserve. By visiting the “Tariffs” section, the user will be able to get acquainted with all directions for each item separately. Withdrawals are available for different types of currencies. This list includes the following titles:

• Cryptocurrency: Ethereum, Bitcoin, Litecoin, Monero, Dash.
• Payment systems: Advanced Cash (EUR, USD, RUR), eCoin.cc (USD), MoneyPolo (EUR, USD), Neteller (EUR, USD), OKPay (EUR, USD, RUR), Payeer (USD), Payza ( EUR, USD), Perfect Money (EUR, USD), Solid Trust Pay (USD), Yandex.Money (RUR).
• Internet exchange platform: BTC-e (USD, RUR).
• Cryptocurrency exchange: EXMO (EUR, USD, RUR).

Available destinations

What you need to know about the exchanger site MagneticExchange.com

The exchanger makes sure that all processes are automated. Therefore, there is no manual data processing here. Perfect Money, Neteller, Bitcoin, Ethereum, Litecoin, Monero, Dash, Advanced Cash, BTC-e, EXMO, OKPay, Payza and Yandex Money - instant processing of applications. The first exchange using Yandex.Money undergoes additional verification. This takes 48 hours. Subsequent requests in a verified direction are processed instantly. An exchange with Payza requires approval from the payment system, so it can take anywhere from a few minutes to 7 days. Solid Trust Pay carries out transactions on the exchanger's website only to those users who have been verified in the system. The level must be from Standard Verified and higher, and complete completion of the application will take from 30 minutes to 10 days.

Clients are divided into three categories: those who have been registered, unauthorized and verified users. In accordance with this, limits on transactions are provided. If there are not enough funds in the reserve, the “Not Enough?” button appears next to it. By filling out the highlighted form, the user sends a request to increase it.

Each client can refuse the application. But this must be done before it is completed and the funds have already been sent or are in the account. This is the only chance to get your money back if the recipient's details were entered incorrectly. When submitting an application, a letter will be sent to the specified email address with further steps for a successful exchange. If the money is written off, but the payment still does not go through, you need to wait a little and periodically refresh the page. This may be due to delays in the payment system. In case of a long period of time, you must contact technical support. If the status of the application has suddenly changed to “Deleted” status, it is important to immediately send a message to the operator, but this time to the exchange office. All errors, typos, problems and suggestions must be contacted with technical support. If data transfer is poor and the general appearance of the site is incorrect, you need to refresh the page or open it through a different browser.

Registration: what is it for and is it difficult to complete?

Registration opens access to new opportunities:

All that is needed to take advantage of all the listed benefits at once is to go through a simple registration process. It will only take a few minutes. To do this, you will need to fill out the field with your email address (messages with subsequent information for exchange will be sent to it), come up with and enter any password, then confirm it and the code from the picture. Next, the window where the “entrance” sign is located is used. This will be done by entering your email and password. If data is lost, restoration is possible only after sending a corresponding request. To do this, you must enter the E-mail that was specified during registration and click “Continue.”

Technical support

To get answers to your questions, you need to look at the “Help” section. It is divided into 4 subheadings. Each of them answers different topics:

These sections may not contain the information you need. For this purpose, MagneticExchange.com has developed a “Contacts” section. The first way is to leave a message through the official website of the exchanger. To do this, there is a corresponding form where you indicate the E-mail where the response to the notification will be sent. The second method is Skype. Next to it is the inscription “Click to contact us.” The third is to click on LIVE HELP or Online. A new window opens, indicating the application number, name and question. Technical support working hours are from 09.00 to 24.00 Moscow time.

Personal exchange experience in the Magnetic Exchange exchanger

Let's look at the process of exchanging Payeer RUR for Yandex.Money on the website magneticexchange.com. To do this, you need to select the appropriate payment systems on the exchange page. The application creation page will open. Please note the warning: in your Yandex.Money account you need to fill out a section with personal data and confirm your mobile phone number.

Enter the required amount, as well as the account to receive funds. Click Continue.

Check the entered data and check two boxes below (agree with the rules of the service, consent to the processing of personal data). Click "Create Application" at the bottom of the page.

A payment system window will open; you must confirm the operation.

All you have to do is wait for the payment to be made. The application page is automatically updated every 15 seconds.

The translation took less than a minute.

Conclusion - the exchanger works and you can use it. It also has disadvantages:

• sometimes the site is displayed incorrectly;
• there is a 24-hour delay when transferring from Poison to a new account.

However, these shortcomings can be called insignificant, as proven by 12 years of Magnetic Exchange operation and many positive reviews from users. The exchanger offers a good rate, large reserves, and discounts for regular users.

News

This is an important section, since technical innovations of the exchange office will be described here. One of the most recent is a change in the mechanism for fixing the sale/purchase rate of cryptocurrencies. When withdrawing, there is one confirmation, and the rate is fixed. Upon purchase, payment has been received and the price is fixed. When new payment symbols and systems are added, all users will be informed simultaneously from the news. Also here you can find changes to the work schedule for the holiday and congratulations on it.

How to secure the exchange

The official website of the exchanger MagneticExchange.com provides a number of steps that will help protect yourself from fraud. To do this you need:

Everyone can protect themselves if they adhere to these rules. Violating or conducting illegal transactions will result in criminal liability.

In addition, each site has its own rules of use. This is a user agreement that is mandatory between the user and the service. However, the current laws of the country are not repealed. The exchange office sets a certain rate and services, and the visitor, if everything suits him, agrees with all the rules and undertakes to comply with them until the banknotes are fully credited to his electronic account. It begins to operate after submitting an application. As necessary, some points from it can be changed, but it is equivalent to concluding a legal contract.

In order to understand it, there is a section at the very beginning that explains all the terms used. What is MagneticExchange.com web service? Who is a user? What does the concept of “electronic units” and electronic payment system mean? What does "Application" or "Payment" mean?

The user has 40 minutes to pay for the application. If the money is not received within the appropriate time, the contract will be terminated. If the funds do arrive, but later, they will be returned within 24 hours, taking into account the payment of commission costs. The amount received may differ from that indicated in the application, but no more than 10% up or down. In this case, a recalculation will be made, or the funds will be returned back. The service has 24 hours to pay for the application. After this period, the user can terminate the contract if the funds are not received due to the fault of the exchange office, and return the amount in full. Sometimes delays may occur due to additional checks by the payment system. Then all that remains is to wait, or still terminate the current agreement and return the funds, but minus commission expenses.

The user can find all rules and updated information on them by going to the “User Agreement” section. The link is located at the end of the page.

Reviews about Magnetic Exchange

Let's check what reviews users leave about the Magnetic Exchange exchanger on third-party sites.

BestChange monitoring – 435 positive reviews, but there are also negative ones. Some of the claims have been withdrawn. Among the negative aspects mentioned in the reviews, we can highlight unfavorable rates in some areas, refusals when trying to complete a transaction (related to the bank), and long transfer times.

So, you should be more careful when transferring from Yandex.Money to accounts that have not been transferred to before - in this case, verification will take 24 hours. This is warned about during the exchange. Subsequent transfers to the same accounts will be instant. If you inadvertently created an application, but are not ready to wait that long, you can cancel it and get a refund. Only the standard YaD commission of 0.5% will be charged, without any exchanger commission.

On the site itself, the reviews are only positive, which is to be expected.