If you are going to exchange CRO to USDT, you for sure will find a lot of exchanges that support both coins. However, finding the best one might be challenging due to a high number of places that support the coins.
Here, we have prepared for you a set of tips that will help you to choose the best cryptocurrency exchange to swap your cryptocurrencies.
Top Tips to Find the Best Exchanges
First of all, make sure you understand that you are dealing with a real company. There are a lot of scammers, and the best way to determine whether you can trust the exchange is not is to find out whether the company has a legal address. If a company operates without being registered legally, it is better not to entrust your money to this company.
Further, check what users say about the company. If there are a lot of complaints online, check what is said in them. Also, make sure you understand how the company is dealing with the complaints. If most queries are left without any replies, it is better to avoid the exchange even though the complaints are not connected with, say, the loss of funds or similar. If the company is dealing with the complaints, is replying to all queries and you can see that the issues are being solved, you can move on and swap your coins with the exchange.
If there are any user complaints, check what kind of issues are mentioned, and make sure you are ready to deal with similar issues. If not, it is again better to look for another exchange.
After the first two steps are over, you can contact the company customer support. Make sure you can contact a person, not just a bot. Talk to the customer support agent, ask them questions. Some specialists even recommend inventing an issue and seeing whether they are willing to solve them or not. We would say that this measure is excessive as long as you know that the customer support is there and they are willing to solve your problems.
Make sure the exchange supports all the coins. If it doesn’t, you won’t be able to use it in any case even if the exchange is the best in all senses. So, check whether the required coins are available, and then, you can proceed with the swaps.
Start your first swaps with smaller sums. With it, you will be able to check whether everything works smoothly and whether the exchange process is comfortable for you. With time, when your confidence grows, you can proceed with bigger sums.
Top 5 Exchanges to Swap CRO to USDT
We have compared a number of exchanges to swap CRO to ETH and based on the requirements above, we have prepared a list of top platforms:
1 – LetsExchange – cryptocurrency instant exchange online is dealing with swaps from and to more than 350 coins. The entire process is easy and fast, and no registration is required.
2 – Binance is a custodial service that offers to swap these coins. While the conditions are ok there, the account registration is required.
3 – eToro is another exchange where you can swap your coins effortlessly. The conditions are fine but make sure the required service works in your location.
4 – Coinbase is another leading platform with a simple interface, a good choice of coins, and comfortable exchange conditions.
5 – Kraken is one more platform where you can swap any supported coins effortlessly. In some cases, it is required to pass rigorous KYC procedures.
All in all, if you take a smart approach to selecting a crypto exchange, you shall have absolutely no issues with swapping your coins. Even if you do not find your best exchange in the suggested list, we are sure that now, you can make your own research and decide wisely.
Ethan Moore, crypto and stock trader since 2012. Co-founder of Blockwatch experts team.