Cryptocurrencies are here to stay. Many countries regulate their use and you can pay with them in different shops. However, buying cryptocurrencies is not straightforward. This will change with the arrival of Switchere.com, which offers a way to buy crypto fast and instantly.
Switchere is a cryptocurrency exchange company based in Estonia. This money converter was founded in 2018 and offers an easy way to buy cryptocurrency with a credit card. Thereby, practically any person with a credit or debit card (Visa, Mastercard, Maestro) can have access to the crypto market in an instant.
This service is very easy to use. You visit their website and buy the cryptocurrency of your choice using dollar (USD), euro (EUR), or another fiat currency. You provide them with an offline wallet address, in which you get your crypto money. By far, it is the easiest method to purchase crypto online.
Before you proceed to their site to purchase cryptocurrency, verify whether they can accept your bank card. Because of some regulations, cards issued in some countries are not accepted. Cards issued in Western Europe are generally accepted without any problem though.
Safety, Regulation, and Security
Safety is generally a major concern when you start using a new service connected to the crypto trade. When money is involved, you want the best security in place. Switchere is fully regulated in Estonia. This exchange has two important licenses issued by the authorities to operate legally.
The connections that are used to send and receive data via the Internet are secure. You can buy crypto with credit card safely. Switchere has implemented the 3D security protocol for safe credit card payments. This service offers many security measures against hackers. For example, you can set a quick log out for security if you wish.
Verification and Fees
Through this service, you can get three different cryptocurrencies, namely Bitcoin, Litecoin, and Ethereum. You can exchange up to 100 EUR anonymously, that is, without registration. Larger amounts of fiat money you can convert are limited and depend on the verification of your data. Let us take a look at these limits:
With ID verified, the limit is 550.00 EUR;
With bank card verified, the limit is 1,100 EUR;
With address verified, the limit is 5,500 EUR;
With income verified, then you can exchange an unlimited amount of money.
Switchere does not disclose publicly the fees they charge. But different tests indicate they are among the lowest. When you buy crypto with debit card on their site, the total amount (including fee) is displayed. This allows for major transparency for there are no hidden or prepaid costs.
Overall, this is one of the simplest and cheapest ways to buy cryptocurrency. Security is strong and the service is fully regulated in Europe. This is an advantage for newcomers to the world of cryptocurrency. Moreover, Switchere has very helpful customer support in case you need some assistance.