Exchange Bitcoins for fiat or cryptocurrency is profitable and safe

Residents of Russia who deal with cryptocurrency are interested in how to exchange Bitcoins for Russian rubles. The lack of legal status of digital money in the Russian Federation is not an obstacle to withdrawal. Since Bitcoin wallets are not designed to work with fiat currency, the conversion process takes place with the help of third parties.

Is it possible to exchange Bitcoins for rubles?

You can exchange Bitcoins for rubles in the same way as dollars, euros and other currencies. For this purpose, there are exchangers, cryptocurrency exchanges, payment systems, and cryptomats. Since the Bitcoin exchange rate is unstable, the market trend is analyzed before making a transaction. The difference in price can be noticeable even during the day. You need to withdraw during the period of maximum value.

Today, hundreds of online services offer the exchange of Bitcoin for rubles. For those who are undergoing surgery for the first time, it will not be easy to make a choice. But to simplify the task, you need to consider ways to convert BTC into rubles, and then choose the most suitable one.

Methods of exchanging for real money

The most direct way to exchange Bitcoin for cash hand-to-hand transfer . The seller and buyer find each other on thematic forums or online resources (for example, Local Bitcoin), arrange a meeting and make an exchange in person. But not everyone agrees to such an adventure, because the risk of running into scammers is great. This method is ideal if the transaction is concluded between familiar people.

The safest way is to conduct the transaction through a reliable online resource. The algorithm of actions is as follows: Bitcoins are transferred to the wallet of the exchange office, converted into rubles and withdrawn to a personal account.

You can do this thanks to the following resources:

Exchangers. This is the easiest and fastest way to convert Bitcoins to Russian rubles. Today there are hundreds of such services. Users can choose the most profitable rate. But there is always a need to check such sites. The fact is that there are scammers on the Internet who pretend to be exchange offices. Naturally, by using their services, users will lose money. To monitor exchangers, it is better to use the website bastchenge.ru, it allows you to view reviews and the age of resources.
Cryptocurrency exchanges. Most brokers offer users direct withdrawal from their exchange account to a card from Sberbank, Alfabank, Tinkoff, etc. If the Bitcoin exchange rate suits you, then this method is no worse than the previous one. But exchanges must be chosen carefully: the receipt of funds from foreign sources may attract the attention of the bank, which threatens to block the account.
Telegram bot. The service is linked to your account and stores all information. The user is assigned a permanent Bitcoin address where crypto coins can be stored. Using Telegram bots, you can make transactions and withdraw money to your personal account (card, payment system). The advantages of this method are anonymity and security. The transaction will not be carried out without user confirmation. However, if someone else has access to the mobile phone, it is important not to leave Telegram running.
Specialized sites, for example, localbitcoins. com Here users offer dozens of exchange options. The advantage of such services is to protect the seller: until he receives payment, the buyer will not receive the goods. Operations are completed quickly, and disputes are resolved through technical support. But often here you can see an offer for a direct exchange of Bitcoin, when the seller and buyer meet in person. In this case, the site administration is not responsible for the transaction.

Thus, exchanging Bitcoin for rubles is quite simple. With an abundance of specialized services, the transaction can be completed with maximum benefit.

How to avoid getting caught by scammers

Today, exchanging cryptocurrency has become profitable and profitable. Such popularity attracts the attention of scammers who strive to deceive and lure as much money as possible from a newcomer in this field of earnings. There are several signs that should make you think and not give your hard-earned money into the hands of an unscrupulous service. You need to pay attention to the following points:

the offer letter arrived in the form of spam;
they promise huge profits and unrealistically simple conditions, free cheese only comes in a mousetrap;
conditions say that you won’t have to do anything;
they ask you to pay a certain amount for detailed instructions;
SMS payment to a short number;
entry fee required;
The certificates on the website are almost indistinguishable.

Trust only a trusted site, only in this case can you be sure that no one will take your personal funds or deceive you. Conversion is a good and profitable business, but before starting such work, it is better to study and check everything.

The most profitable way of exchange

It is impossible to say which option will bring the greatest profit. It all depends on the exchange rate. To get started, you can go to bestchange.ru. The resource contains exchangers that are characterized by flexible Bitcoin prices.

Right here you can make a calculation and see how many rubles sites give for Bitcoins. To do this, go to the “Calculator” tab.

As you can see, the difference between the courses is significant. Here you need to pay attention to the balance of crypto coins. If the exchange amount is greater than the Bitcoin reserve, the transaction will not take place. Before starting the operation, you need to read reviews about the resource. If the majority are negative, it is better to choose another exchanger.

The lack of reviews should also be alarming; this situation is observed among new sites. It is better to use resources that are more than 5 months old.

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Instructions for converting BTC to rubles

Before you exchange Bitcoins for rubles, you need to go to the website bestchange.ru. The further algorithm of actions is as follows:

In the table on the left, select the direction of exchange.

Choose an exchanger with the most favorable rate.
Leave an exchange request on the page that opens.

Before exchanging Bitcoin for fiat money, you need to decide on the withdrawal method. Rubles can be withdrawn through electronic payment systems (Qiwi, Yandex Money, WebMoney) or to Visa, MasterCard bank cards.

Criteria for selecting exchangers

Before you exchange bitcoins, you need to choose a suitable platform for this. We advise you to be guided by the following criteria:

Reviews.
Usually there are quite a lot of them. The number of reviews will already tell you that the exchanger has been working for a long time. Or just opened, there are few customer comments yet. It is clear that a large number of negative reviews should alert you. And it’s better not to trust some people who are too laudatory at all; this could be hidden advertising.
Registration in popular payment systems . For example, Yandex.Money, Qiwi, WebMoney. This is a big plus, such payment systems do not work with scammers.
How quickly did the exchanger respond to your question ? Self-respecting resources have a chat where you can always contact a specialist online. The sooner they answer you, the better.
Is the service open 24 hours a day and 7 days a week ? Great! The less frequent his working hours, the more wary you should be.
Exchange rate . One of the most important criteria. You need to get as many rubles, euros, dollars, and so on for your bitcoins. Moreover, the rate must correspond to the indicators of stock exchanges and be realistic.

List of verified resources

Below are verified exchangers with many years of experience and positive reviews:

Platov. cc is a service with a manual exchange method, but high speed of service. Works with Bitcoin and Litecoin. Registered users are provided with discounts that increase with the growth of transactions. Minimum exchange amount: 0.002 BTC, 0.3 LTC, 1000 rubles. If you have any difficulties, you can contact technical support via live online chat.

60 sec. com is a semi-automatic service with a large currency reserve. Withdrawals are possible to all payment systems and Visa, Mastercard cards. Applications are processed by operators 24/7, so funds are credited with a slight delay (up to 15 minutes). Registered users are provided with cumulative discounts. A review of the project and user reviews indicate its reliability. The site has an affiliate program.

24 PayBank is an exchanger with the most favorable rate. Registration is not required to make transactions. Withdrawal of funds is carried out to all electronic systems and Visa, Mastercard cards. It works in manual mode, money is credited to the account within 5-10 minutes. Supports more than 6 types of cryptocurrencies. The minimum threshold is 0.003 Bitcoin.

EXMO is essentially a cryptocurrency exchange. But you can transfer Bitcoins to Russian rubles here without any problems. A good option for doubtful users. True, you need to register. The exchange is characterized by a relatively small commission and instant withdrawals.

Ychanger. net is a reliable exchanger with instant withdrawal. Supports a large number of crypto coins and real currencies. To exchange Bitcoin for rubles, you just need to provide your wallet number and email address. The minimum threshold is 0.003 BTC. Registration is not required to conduct transactions.

The listed services allow you to safely exchange Bitcoins for rubles. All of them work in manual mode, which is a plus, since the operations are carried out by a person. Cryptocurrency exchanges also provide the same service, but the exchange process there is a little more complicated.

Exchanges

The most common way to deposit BTC is to do so on cryptocurrency exchanges. Today there are many trusted platforms to choose from, including Binance, EXMO, Bitforex, Poloniex, CEX.io, OKEx and others. They all differ in interface, conditions, and commissions, but the general algorithm is identical.

Cryptocurrency exchange sites

Let's look at how to top up Bitcoin using any of the platforms. The algorithm of actions is as follows:

Go to the website.
Register using your email address and log in to your personal account.
Top up your account in fiat currency, for example, in rubles.
Go to the "Exchange" section.
Indicate what currency you are giving and what you are receiving (BTC).
Wait for the funds to be credited.

To conduct a transaction with the best exchange rate, it is better to carry out all the procedures for the order. For this:

Go to the "Tenders" section.
Select a suitable currency pair, for example, BTC/RUR.
Enter the number of Bitcoins you want to purchase and the desired rate.
Wait for the counter order to appear so that the transaction goes through automatically.

To speed up the process, you can buy Bitcoin at the market price. In this case, go to the “By market” section, indicate the required number of BTC and carry out the operation.

Note that all exchange platforms are similar in operating principle, and only the rate and commissions differ.

Advantages:

low commission payments;
no additional fees for input/output;
the ability to buy, sell and store cryptocurrency;
availability of purchasing BTC at the desired price during market fluctuations.

Flaws:

not all platforms work with fiat money;
possible difficulties for beginners.

Using the exchange allows you to buy Bitcoin from a Sberbank card, WebMoney, Qiwi or another electronic wallet. It all depends on what replenishment methods the platform itself supports.