13.01.2021

Deposit and withdrawal of money on cryptocurrency exchanges. - Replenishment of the account with a Visa card Purchase of cryptocurrency on the exchange ""


Using exchangers is far from the only way to buy and sell cryptocurrency. Many cryptocurrency exchanges support the deposit and withdrawal of fiat money using various payment systems, allowing you to buy Bitcoin for rubles or dollars without the participation of unnecessary intermediaries. Let's figure out how to enter fiat money on the exchange and withdraw the earned money from the trading platform.

The main methods of depositing funds on exchanges

Fiat money is too general a concept that should be broken down into several categories. Any national currencies, be it rubles or dollars, can be transferred using various means of payment.

To work with US dollars and Russian rubles, the following methods are most often used:

  • bank cards Visa and MasterCard;
  • bank transfers;
  • WebMoney;
  • offshore payment systems such as advcash.

In the case of transferring or receiving funds in rubles, you can add QIWI and WebMoney to these options. When working with cryptocurrency exchanges, the user will have to face the difference in fees charged for sending money in different national currencies. In theory, you can usually withdraw funds in any currency: for example, a payment in USD will be converted automatically when sent to a ruble card. However, this may be disadvantageous due to the low exchange rate set by the bank for incoming payments. When choosing a transfer method, you must take into account the currency in which funds are credited.

We should also say a few words about what wire transfer is. In fact, this concept hides an international bank transfer, which can be made through many Russian banks. To send money (as opposed to receiving it), the user does not need to open an account: it is enough to simply name the recipient's details to the operator in the bank.

Wire transfer - payable service... This means that the amount that the bank will take for accepting or sending a payment should be added to the exchange commission. The amount of fees depends on the specific bank.

Let us dwell in more detail on the methods of replenishing the balance and withdrawing funds to fiat, offered by the most relevant exchanges for Russia.

WEX

The WEX exchange supports most of the popular ways to work with fiat, but does not work with the WebMoney system. Commissions for depositing and withdrawing money are shown in the table.

Payment system Entering the exchange Fiat withdrawal
Yandex money 9% 0%
QIWI 9% 0%
Visa and MasterCard 3%
2%, minimum $ 20 1%, minimum $ 100
Bank transfer RF 3%, the minimum withdrawal amount is 50,000 RUB

The most important advantage of the WEX exchange is work without intermediaries with all payment systems. Some exchanges offer withdrawal of currencies to QIWI or YAD only through third-party sites, while WEX allows you to make withdrawals directly with zero commission. In general, commissions on the exchange can be characterized as low or medium for all withdrawal methods.


The weak side of the exchange is high rates for balance replenishment. Relatively profitable can be considered only the crediting of funds by international bank transfer. For those who want to buy Bitcoin for rubles, WEX practically does not leave convenient ways to replenish an account without using exchangers. However, as we will see later, on almost all exchanges the fees for replenishing the balance through Russian payment systems are much higher than the fees for withdrawing cryptocurrency to fiat.

To work with any methods of depositing and withdrawing fiat money on WEX, you need to go through verification. To do this, it is enough to upload copies of documents confirming the identity and address of the user's residence. Any official document will do, including the national passport of the Russian Federation.

Exmo

The peculiarity of the Exmo exchange is that the withdrawal of funds to QIWI and WebMoney here is carried out through an intermediary - the Money Polo system.

Payment system Entering the exchange Fiat withdrawal
Visa and MasterCard (USD) 3% + 7.5 USD
Visa and MasterCard (RUB) 3% + 50 rubles
Money Polo (USD) 2% 0.5%
Money Polo (RUB) 2%
Bank transfer (RUB) 5% 2000 rubles
Wire transfer (international bank transfer) 2% + 20 USD 20 USD

Money Polo does not allow you to replenish your account using WebMoney and QIWI: in these cases, the system works only for withdrawing funds. When withdrawing WMR, WMZ and QIWI, the user will have to pay an additional commission in excess of the amount that the Exmo exchange will take:

  • Webmoney - 2.5%
  • QIWI - 0.79%

WebMoney withdrawal is available only to WMIDs with initial certificate(or higher).

It is worth saying a few words about the process of working with the Money Polo system. Verification in the system requires proof of identity and address. It is allowed to upload documents in the national language, which allows you to pass the check using only the passport of the Russian Federation. Uploading copies of documents opens the first level of verification. To obtain the second level, which removes the limit on operations of 10 thousand euros, you will have to provide notarized copies of documents.

You can top up your Money Polo account using a bank card. In this case, the user will have to pay a commission of 4%, so the total commission for transferring funds to the Exmo exchange will be about 6 percent. Thus, depositing funds by international bank transfer is the cheapest way to buy bitcoin for rubles on the Eksmo exchange.

Verification on the Exmo exchange is only needed to work with bank transfers. Identity and address verification can be done with a national passport.

Livecoin

The Livecoin exchange differs from the platforms considered in the absence of a direct withdrawal of funds to a bank card. The Capitalist.net system is used to work with Webmoney, Yandex Money and bank cards.

Payment system Entering the exchange Fiat withdrawal
Capitalist.net (USD) 0% 2%
Capitalist.net (RUB) 0% 3%
Wire transfer (international bank transfer) 50 USD 1.5% + 9 USD
QIWI 10% 3%

In addition to the Livecoin fees, the Capitalist.net system charges its own withdrawal fees:

  • WebMoney - 2.5% (minimum $ 1 or 30 rubles), 2.2% after verification
  • Yandex.Money - 2%
  • Wire transfer - 1% (minimum $ 95)
  • Bank cards - 2.5%, for payments up to 800 rubles an additional commission of 25 rubles is charged.

Thus, withdrawal from Livecoin to bank cards is more expensive than on WEX or Exmo: the total commission is about 5.5%.

Depositing funds on the exchange looks much more interesting: the Capitalist system allows you to replenish your account by international bank transfer without commission. This means that the total commission for replenishing the balance on Livecoin in this case will be 0%. There is no possibility to fund your Capitalist account using other payment systems.

Verification in the Capitalist.net system is optional and is only needed to reduce commissions when transferring and crediting funds in some ways (for example, WebMoney). To confirm your identity and address, you must upload scans of documents in Russian or English.

Like Exmo, Livecoin verification is only required to use bank transfers. The verification process on the exchange includes not only the traditional confirmation of identity and address, but also the provision of data on trading on other exchanges and links to user profiles in thematic communities. Because of this, many users prefer to use bank transfer deposits and withdrawals through the Capitalist system.

cex.io

The cex.io exchange allows you to replenish your account and withdraw funds using a bank card or wire transfer. The advantage of the exchange is zero commission for depositing US dollars by bank transfer. In addition, commissions for withdrawal using ruble Visa and Mastercard are 0.5% lower than on Russian exchanges, and withdrawal of funds to dollar Visa cards costs only $ 3.8, regardless of the payment amount.

Payment system Entering the exchange Fiat withdrawal
Visa (USD) 3.5% + 25 cents $3,8
MasterCard (USD) 3.5% + 25 cents 1,2% + $3,80
Visa and MasterCard (RUB) 5% + 15 rubles 2.5% + 30 rubles
Wire transfer (international bank transfer) 0% $50

Verification on the cex.io exchange is required. In addition to confirming the identity and address, the user needs to upload a photo of the bank card to which the funds are withdrawn (when using this method). Documents in Russian are not accepted.

Bitfinex

The Bitfinex exchange supports the only way to deposit and withdraw funds - wire transfer. Since this is a foreign exchange, it will not work to buy bitcoins for rubles on this site.

Withdrawal by urgent bank transfer within 24 hours (on weekdays) will cost the user 1 percent of the payment amount. For verification on Bitfinex, it is required to provide copies of documents confirming the identity and address of the user. Only documents in English are accepted.

Bitfinex checks incoming and outgoing payments quite strictly. When transferring a large amount, the exchange may ask the user to show documents confirming the origin of the funds.

Conclusion and conclusions

The most profitable way to top up your balance on most exchanges is by bank transfer. The exception is made in specific cases when the user sends a small amount or does not want to be verified. In such cases, you should choose Russian exchanges that do not require identity verification and work with payment systems through intermediaries: Exmo or Livecoin. The withdrawal of the earned money to fiat leaves much more interesting options, but the user will have to choose the appropriate balance between convenience and the size of commissions.

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1. Internet exchanger

Let's say you have fiat money and want to transfer it to Binance. It is currently impossible to directly deposit money on Binance, i.e. I / O to Binance is possible only with cryptocurrency. However, we will show you the most profitable and popular ways to deposit fiat money on Binance.

The easiest way to use internet exchangers, such as for example:

- bestchange.ru;

- Ychanger.net;

- payments.changelly.com;

and many others.

This method is very simple, for example, you have Yandex.Money, Qiwi, Webmoney or even a bank card. Then you choose the direction on these exchangers (for example, we will show how to exchange Qiwi for Bitcoin using the bestchange), indicate what to exchange for, transfer money, enter your cryptocurrency wallet (cold, hot or multicurrency) or directly an account in the Binance exchange and in within half an hour you get yourself a cryptocurrency for fiat money. In this case, the probability that you will be deceived is zero, i.e. all of these exchangers are well protected and keep track of their reputation.

True, there is one point. It is very unprofitable to change cryptocurrency through such exchangers, as a rule, when buying a cryptocurrency, the rate is very overestimated, and when selling a cryptocurrency, it is very underestimated, the difference from the real rate can reach 40 %, and these are significant losses, and we do not advise you to use exchangers to deposit money on Binance, or on any other exchange.


We buy bitcoin through the exchanger

2. Exchanges with the introduction of fiat

The second way to fund Binance with money (fiat) is to use other exchanges, for example:

and others.

Per complete list exchanges and ways of exchanging fiat money for cryptocurrency, please contact our support service.

So, first you need to understand which payment systems are more convenient for you to use. It can be all systems known in the CIS and beyond, as well as bank cards. Yes, it is also possible to top up Binance with a card.

For example, we will tell you about two popular payment systems, as well as about depositing money to Binance with a card.

3. Top up via Qiwi

One of the most popular payment systems is Qiwi. The article will not tell you how to open an account with Qiwi and how to make a deposit to this system, we assume that you have funds on Qiwi and you need to use them to fund your Binance account. To do this, you need to register on one of the exchanges where Qiwi is accepted, for example, these are:

- livecoin.net.

Registration on these exchanges is simple, verification for amounts not exceeding 10000 dollars per day are not needed (if you have not enough such a limit, then go through verification - it is not difficult). After registration, go to the wallet section (for example, we will show the EXMO exchange), and then select RUB, click the top up button and in the window that appears, enter the amount and complete the process of depositing funds on the EXMO exchange by clicking the "Top up balance" button.


We choose to replenish the account through Qiwi.

We indicate the amount, click "Top up balance".

4. Choosing a pair on the exchange

After you have made a deposit on EXMO in rubles, go to the "Trades" section and buy Bitcoin for rubles.


We go to the "Trades" section.

We select the required pair (for example, BTC / RUB).

5. We buy Bitcoin for rubles

After selecting a pair at the bottom of the screen (below the chart), indicate the amount of BTC you want to buy, the purchase price and click “Buy BTC”.


We indicate the amount of BTC.

We indicate the price.

Click "Buy BTC".

6. Transfer to Binance

When you bought bitcoin for rubles, go to the "Wallet" section, select BTC and click on the "Withdraw" button. Enter your Bitcoin wallet number on Binance and withdraw. Bitcoin on your Binance will be available for 2-3 hours.

Please note that for entering QIWI on EXMO you will pay a commission (approximately 6%) and the rate of cryptocurrencies on the exchange in pairs with fiat money is overstated.


We choose what to display.

Click "Withdraw".

7. Top up via Yandex.Money

It is possible to replenish Binance Yandex with money. You need to use one of the cryptocurrency exchanges that accepts Yandex.Money. For example, we will take the very popular Yobit crypto exchange (Yobit.net or Yobit.io are the same exchange). The registration process on the exchange is simple and verification is not needed there (it is needed only when you withdraw significant amounts of funds).

8. We enter on the exchange

To replenish your Yobit account, you need to go to the "balances" section and then select, for example, RUR (these are Russian rubles), you can also select USD (these are US dollars), press "Enter".


Go to "Balances".

We choose RUR.

Press "Enter".

9. Choosing a payment system

Then choose Payeer, enter the amount and click "Replenish".


Choosing a payment system.

We indicate the amount.

Click "Replenish".

10. We transfer Yandex.Money

After that, the money (within 5 minutes) goes to the account in the Yobit exchange.


Choosing Yandex.Money.

We go through registration.

We are completing the translation.

11. Buying cryptocurrency


Go to the "Trades".

Choosing a pair.

We buy cryptocurrency for rubles or dollars.

12. Submitting to Binance

When you bought a cryptocurrency, put it on withdrawal (transfer to the Binance exchange). To do this, you need to go to "Balances", click on the "-" icon and indicate your account number on the Binance exchange. Within an hour, the funds will be available on the Binance exchange.

Please note that you will pay a commission for replenishing Yobit with Yandex.Money, in addition, the rate of cryptocurrencies on the exchange in pairs with fiat money will be overstated.


Go to "Balances".

Click "Conclusion".

We indicate the wallet number on Binance.

13. Top up via card

If you want to fund your Binance account with a bank card (MasterCard, Visa), then this is also possible. To do this, you will again need one of those exchanges where a deposit from a card is possible. As an example, we will again take the EXMO exchange, but to enter funds from the card to this exchange, you need to go through verification on EXMO, it will take no more 72 hours, but when it is completed, you can always replenish your account with a card and subsequently transfer funds to Binance.

14. Choosing a currency

As described above (example with input via QIWI), you need to log into your account, then select "Wallet" and the currency that you have on your card.


Go to the "Wallet".

We select the required currency.

We transfer money from a bank card.

15. Go to the trading section

As soon as you have made a deposit from the card, go to the "Trades" section and buy Bitcoin for rubles, dollars or euros.


Go to the "Trades".

We choose a pair with fiat money.

16. We buy cryptocurrency

In the "Purchase, BTC" section, indicate the required amount of cryptocurrency, the price and complete the purchase by clicking the "Buy BTC" button.


We indicate the quantity.

We indicate the price.

Click "Buy BTC".

17. Start on Binance

After you have bought bitcoin, go to the "Wallet" section, select BTC and click on the withdraw button. Enter your Bitcoin wallet number on Binance and click "Withdraw". Bitcoin will be available on Binance for one hour.

Please note that you will pay a commission for replenishing EXMO with a bank card, in addition, the rate of cryptocurrencies on the exchange in pairs with fiat money will be overestimated.


Selecting the purchased cryptocurrency.

We indicate the address of the wallet on Binance.

We complete the transfer by clicking on "Withdraw".

18. The most profitable way

As you can see, it is possible to replenish Binance with money (fiat), but losses on commissions and rates will take approximately from 10 before 40 % of the initial deposit amount. Therefore, the most reliable and most profitable way to deposit fiat money into Binance is to use the services of our website and our specialists. We will exchange any electronic money for cryptocurrency (at the Binance rate) for a minimum commission. Many have already used this service, and you can read

Before moving on to stock exchanges, brokers and others, and before creating your own trading robots, you need to learn how to trade on the stock exchange with your hands.

First, it helps you understand the specifics and terminology. Second, the mathematics of the process. A little flair will develop, and your understanding of the strategy will come. In these early articles, I consider exchanges with a low entry threshold, a simple interface and small commissions - that is, without entering into any contracts, without risking large amounts, you can learn to trade and gradually come to algorithmic trading.

For the first steps, you can throw in 100 rubles, for example, and try to increase them to 120, say (and this is not easy at all, I’ll tell you). If it doesn't work out, and you go into a rage, you will lose a maximum of 100 rubles, but you will gain experience and save on courses. What is even more pleasant, you can not invest your money at all, but earn some cryptocurrency (for more details in the article How to earn bitcoins) and bring them to the exchange - thus, you do not risk anything at all, and invest only your time.

At first, we will alternately discuss two such popular exchanges (I wrote about them in the article What is a bitcoin exchange), and after earning the first money and writing a simple bot for them, with a baggage of useful knowledge, we will move on to larger, but more cruel ones. markets.

So, first of all, you will need to register on the Exmo exchange. I will not describe in detail the whole process, but everything is done there quite conveniently, and in Russian. I will advise you to provide your phone number for additional protection your money, and set a long, unbreakable password - 15 characters, at least, with letters of different sizes and numbers. Your money should be reliably protected, and the exchange is a tidbit for hackers - they are usually too tough to break the exchange, but they will only be happy to find your password (from the account where the money is).

After registering and entering the site, you will see a menu in which, on long time, you only need the first two items - purse and bargaining.

In chapter purse you will be able to track your balance (I painted it over in my case), replenish the account, withdraw funds and send them to trading.

Top up:

I mean, transfer money from outside to your account on the exchange in order to trade on them (as you replenish your bank account). For different currencies are provided different ways replenishment. For rubles, dollars and other "regular" currency, there is an option of replenishment with bank cards and exchangers,

and for cryptocurrencies, special addresses to which money must be sent. For bitcoins (BTC) it looks like this:

Withdraw:

Send money from the exchange to the "outside world" - to your card, to your wallet, and so on. Again, there are different types of payment for different currencies. For bitcoins, for example, the exchange will calculate how much you will receive minus the commission and indicate the amounts.

Note: if you pass "verification" - there is such an item in the menu, you will be able to withdraw funds directly to the bank card and get a few more convenient withdrawal options. For verification, you will need to verify your identity, address, and so on.

At this stage, some people have questions - what if I have dollars, rubles and bitcoins, and I want to withdraw everything - do I need to pay a commission three times? No, the right way here would be to exchange your currency for one thing (which is the most profitable to withdraw) and withdraw. Those. if you calculated the commission, and it turned out that the cheapest way to withdraw, say, rubles through an exchanger, then you should sell bitcoins for rubles on the same exchange, sell euros for rubles and withdraw rubles. There is a third button specially for this - " exchange".

"Exchange":

This button allows you to exchange the currency that you have in stock for one of those available on the exchange at the current rate. In other words, sell as quickly as possible. From the point of view of benefits, it's up to you to decide - it is often a little more profitable to set a higher price at the auction (we will discuss this a little later), but from the point of view of time and convenience, the function allows you not to bother with the auction.

Please note that it is not always possible to change the currency that you have for the one you want. The exchange establishes the so-called "currency pairs" for which trading takes place (we will talk about this in detail when we move on to trading), but, for example, on this exchange the euro can only be exchanged for bitcoins, but the dollar can be exchanged for almost anything. But if you really need it, then you can go in a chain - exchange, say, dashcoins for bitcoins, bitcoins for euros.

But for the most part, everything is sold and changed directly.

Well, at the end of the article, a few words about the balance - above, after registration, you will be shown your balance, in different currencies, depending on the section of the site where you are, but when you hover the mouse, you will be shown a complete table.

This is related to trading - after all, you can scatter your invested (and / or earned) funds in different baskets - dollar, ruble, euro, bitcoin, dashcoin, and so on, so do not be alarmed if you see zero there, for example. This means that you have, say, 0 euros, but 100 rubles, they are simply not shown in this section. Buy Euro - Euro will be shown, but BTC will be 0, and so on. All this, however, you will see for yourself when you start selling and buying currency, but this is a topic for a separate article.

- Replenishment of the account with a Visa card
- Depositing funds through QIWI Wallet
- How to fund an account on the Bittrex exchange
- Depositing money Forex using electronic payment systems
- Conclusion

Timing: instantly

Currency: USD, EUR, RUB

Commission: 0% (until 01/08/2018)

Minimum amount: any

Top up your account You can instantly top up your trading account using a plastic card "Visa" or "MasterCard".

How to top up your account:

2) Go to the section "Deposit MT4" or MT5

3) In the form that opens, select the "Visa / MasterCard" replenishment method, the MT4 or MT5 trading account number that you want to replenish, and indicate the desired replenishment amount in rubles. You will be redirected to the page payment system.

4) Enter the card details: card number, name and surname of the card holder, expiration date and CVV / CVC2 code.

5) After successfully completing the payment, return to your Personal Account. Your account will be instantly credited.

Note:

1) Transfers by card for MT4 / MT5 accounts are carried out only in rubles. If the currency of your trading account differs from rubles, the conversion will be made at the internal rate of the Personal Account.

2) The amount is credited to the client's account, as a rule, instantly, but, in exceptional cases, the processing company can initiate verification of your card payment. In this case, the term of enrollment may increase. However, with clearly followed instructions on the procedure for making card payments, the risk of interference by the processing company is minimal.

3) Transfers from third parties, as well as from non-named cards are not accepted;

4) The company reserves the right to refuse to credit funds received to a bank account if the transfer was made on behalf of a third party. In this case, the Company will send cash back to the account of the card from which they were transferred. All costs associated with the return of the transfer are paid at the expense of the owner of the card from which the transfer was made.

- Depositing funds through QIWI Wallet

Timing: instantly

Currency: RUB

Commission: 0% (until 01/08/2018)

Minimum amount: any

Fund your account In this way, you can instantly replenish your MT4 and MT5 trading accounts. How to top up your account:

1) Go to the "Personal Account";

2) Go to the "Top up account" section;

3) In the form that opens, select the number of the trading account MT4 or MT5, the method of replenishment "Qiwi Wallet" / "Qbank" and indicate the desired replenishment amount in rubles;

4) Confirm the specified data. After that, you will be redirected to the website of the payment system.

5) Enter the phone number to which your QIWI Wallet is registered. The comment and e-mail are optional.

6) You will be billed in the QIWI system. You can make a payment after logging into the system.

7) Your trading account will be instantly credited.

8) Go to the "Personal Account" to continue using the services of BCS-Forex.

Note:

1) The amount is credited to the client's account, as a rule, instantly, but, in exceptional cases, the processing company may initiate verification of your payment;

2) If the currency of your trading account differs from rubles, the conversion will be made at the internal rate of the Personal Account.

- How to fund an account on the Bittrex exchange

All newcomers who are interested in cryptocurrency and who want to make money on the exchange ask themselves the main question "How to fund an account on the Bittrex exchange?"

You can replenish your account on the Bittrex exchange only using Bitcoin (BTC), Ethereum (ETH) or any other cryptocurrency that I never had. Where to get these coins and how to buy them for rubles? Everything is quite simple: you just need to go to any cryptocurrency exchanger, buy bitcoins there by paying with any electronic currency: Qiwi, YandexMoney, a Sberbank card or in general for cash and drop them directly into your wallet in the exchange. You need to create a Bitcoin wallet on the exchange and use it for exchange.

Be careful - some exchange offices have limits on the number of bitcoins they are willing to sell to you.

If you have a smaller amount, look for exchange offices with a less favorable rate. In the same way, money is withdrawn from the Bittrex exchange - in the monitoring of exchangers you find best rate, go to the selected exchanger and change bitcoins directly from the exchange wallet to any electronic currency.

Update as of December 13, 2017. Due to the high demand for Bitcoin (BTC) and Ethereum (ETH) in December 2017, delays began in transferring these cryptocurrencies to the exchange wallet, as well as increased transfer fees (by the way, the price on exchangers is now much higher than the real one). Therefore, it will be faster and cheaper to buy a less popular currency (Lightcoin, ZCash, Dogecoin, Dash and others) and replenish the corresponding wallet on the exchange. Please note - the wallet is different for each type of currency, it is created on the exchange in the same way as the Bitcoin wallet. If you transfer any cryptocurrency to a wallet of another cryptocurrency, then you will most likely lose your money, so be careful!

- Depositing money Forex using electronic payment systems

1) WebMoney.
Transferring funds through the WebMoney payment system is very convenient and quick way make money on a forex deposit. Now the WM system provides three ways to replenish your account with a Broker: transfer from WM Keeper, WM Chek and WM card.

a) WMKeeper.
Enumeration in this way is made from personal account on the broker's website with the WM Keeper program loaded. Following all the prompts of the system, you can quickly replenish your personal forex account.

b) WMChek.
This is an electronic check, which is bought in an electronic terminal such as Eleksnet or iBox. When you buy WebMoney Check, the wallet number is your mob. phone number. The transfer in this way is made in the trader's personal account on the broker's website in the section "Replenishment using WebMoney Check". It is important to save all data when purchasing a check in the terminal, because they will be needed to credit funds.

c) WM card.
You can purchase WM cards from dealers or order delivery of cards to your home and office in the regional centers of Russia, Ukraine, as well as to Moscow, St. Petersburg and Kiev online on the official WM Transfer website. This type of replenishment of the trader's account is simple and fast. In the trader's personal account, you just need to select the desired section and enter the WM card number.

The commission is taken by the WebMoney system itself in the amount of 0.8%. but not more than 50 USD / 50 EUR / 1 500 RUR / 250 UAH. Pros, instant crediting of funds to the trader's account, low transaction fees. Cons, not every city has an opportunity to replenish WM.

2) Yandex Money.
Funding a trading account using the Yandex Money system. Transfer of funds in this way is made from the trader's personal account on the broker's website. As a way to replenish your account, you must select the YAD system, enter the required amount and follow the prompts of the system to continue the process. Payment will be completed in your personal account on the Yandex website.

Replenishment is made with a commission from 0% to 2.5%, depending on the broker. The Yandex Money system works only in Russian rubles, the limit on the withdrawal amount is 15,000 rubles per day, to cancel the daily limit you need to go through the identification procedure in the Yandex Money system.

The maximum total amount of payments during the month is 100,000 rubles. for unidentified users, for identified 300,000 rubles.

Pros: low commission or no commission at all, quick crediting of funds to the trading account. Cons, possible difficulties with replenishing the YAD wallet, loss of part of the transfer due to exchange rate differences when converting to usd.

3) RBK.Money.
Transfer of funds to the forex deposit through the electronic payment system RBK.Money. To deposit funds in this way, you need to go through authorization in the trader's personal account, in the section for crediting money to a deposit, select the RBK.Money method.

RBK.Money system offers many payment methods, you can choose the most convenient for you and easily top up the balance, following the prompts of the system.
The commission is charged from 0% to 2.5% depending on the broker.

Enrollment is instant.

Pros: low commission or no commission at all, quick crediting of funds to the trading account.

Cons: possible difficulties with replenishing the RBK.Money wallet, loss of part of the transfer due to the exchange rate difference when converting to usd. The limit on the amount of withdrawal is 15,000 rubles per day. The system works only in Russian rubles.

4) Liqpay.
Funding a trading account using the Liqpay system. The transfer is made from the trader's personal account.

In the column "Deposit method" select: Liqpay, enter the required amount and click the "deposit" button, the request will be automatically forwarded to the LP system. Follow the prompts to proceed with the replenishment process.

It is possible to pay in two ways, from a VISA card using LiqPay or from an account in the LiqPay system.

Commission for replenishment through Liqpay from 0% to 3% depending on the broker and the type of payment.

The term of crediting, from the account in LiqPay instantly, if from the payment card up to 24 hours.

Pros: the system works in dollar and euro currencies.

Cons: relatively high commission, withdrawal of funds is possible only to Visa cards or to an account in the LiqPay system.

All the methods of funding a forex account described above are the most popular among traders. Each broker has many ways to deposit and withdraw funds at forex.

A problem may arise, for example, when a trader has an amount for a deposit in the YandexMoney system, but the broker does not have a service for replenishing a deposit in this way, but there is a service for crediting using WebMoney.

For cases of this kind, there are Internet exchangers, these electronic exchangers are a service for exchanging Internet currencies and settlements on the Internet. The main activity of the settlement service is the input, output, exchange of WebMoney and other payment Internet currencies for banknotes and among themselves, in which you can exchange currency from one payment system to the currency of another. For example, YandexMoney to Qiwi or LiqPay to WebMoney and then deposit the planned amount to your personal forex account.

- Conclusion

As you can see, there are many ways to get money on the exchange. It all depends on the broker you work with. You can find more detailed information on the Internet if this is not enough for you. In any case, it's not so difficult to figure it out. Some brokers give information about this on their website.

In this video, we will analyze how to buy Bitcoin (Bitcoin) and other cryptocurrencies, for example, Ethereum, Ripple, Litecoin, etc. at a significant discount and sell at a significant profit using exchanges.

For example, we want to buy a coin like Substratum. To do this, we go to the coinmarketcap.com website, find this coin, go to the "Markets" tab, and look at which exchanges it is traded on, and where is the best selling price.

We see that the bulk of Substratum is traded on an exchange called "". There is one nuance here. There are cryptocurrency exchanges that allow fiat currencies (dollars, euros, rubles, hryvnia, etc. ...) to be added to the balance. And there are exchanges that work exclusively with cryptocurrencies, i.e. You cannot top up your balance in fiat currency, you can only exchange one cryptocurrency for another (Binance is just such an exchange).

In this video, we will analyze how to buy cryptocurrency on an exchange for fiat money, how to work with exchanges that work exclusively with cryptocurrencies, we will analyze in the next video.

Purchase of cryptocurrency on the exchange " »

I will consider buying and selling cryptocurrency for fiat money using an example:

  • Firstly, because they have a Russian interface, so that it is convenient to show.
  • Secondly, they have pretty good trading volumes.
  • Thirdly, an acceptable cost for depositing and withdrawing money, i.e. acceptable level of commission.

If you wish, you can use some other exchange that you consider more convenient or profitable for you. The principles that we will look at in this video can be applied to any exchange.

If you are planning to trade on another exchange, then first of all pay attention to the commissions - this is one of the first points that you need to look at in advance, before you deposit money there.

I had such situations when I started money on the exchange in the form of Ethereum. It was a small exchange, and the required coin was traded only on it - this was the only option. The deposit was free, but the withdrawal fee was about $ 50, i.e. this is a lot for simply withdrawing your money from this exchange. Therefore, be sure to look at the commissions before you deposit money on this exchange, so that you do not have to pay half of this money simply for the fact that the commission of this exchange is high enough.

The commission for deposit / withdrawal of money and the supported payment systems and funds are different for each exchange, therefore, depending on which means of payment you plan to use to deposit money, some exchange may seem more profitable for you, some less profitable ...

  1. Transaction fee is the commission that the exchange takes for the direct execution of the transaction when you buy or sell cryptocurrency. 0.2% is the average market commission, which is quite acceptable.
  2. Commission for entering cryptocurrency. We see that most cryptocurrencies are free to enter, with the exception of USDT and KICK. Accordingly, if you were planning to trade using one of these currencies, then you need to take into account that 15 USDT will be charged from you for deposit, and 25 USDT for withdrawal. The same is 50 KICK for deposit and 350 KICK for withdrawal.

That is, we look at the commission for the deposit, the commission for the withdrawal, and if everything suits us, then move on to the next item.

How to deposit fiat money on the exchange?

We look at currencies and supported payment systems:

  • For the dollar, these are "", "", "Payza", "Perfect Money", "CryptoCap", etc. If you plan to replenish and trade for large amounts, then it makes sense to see if the exchange supports bank transfer (as a rule, this is a SWIFT transfer). We see that on "EXMO" you can transfer dollars through a bank, the commission will be 2% + 20 USD for deposit.
  • Next, let's move on to the euro, look at the commission. It is interesting to note here that deposits and withdrawals through the "Advanced Cash" system are carried out without commissions.
  • Next, we look at the rubles. As you can see, the commission for the deposit and withdrawal of rubles is the largest. Yandex. Money ”is 5.9% (input of dollars, as a rule, costs less than 2-3%). Accordingly, in order to get money here through "", "Yandex. Money "or" Qiwi ", you will have to pay about 5%.

Another point that you can pay attention to is the minimum amount of a particular cryptocurrency to complete a transaction. Let's look at the example of Ripple (XRP when exchanging for a dollar).

The minimum amount of Ripple you can buy or sell is 15 units. Accordingly, if now the cost of one Ripple fluctuates around $ 3, then the minimum transaction volume will be about $ 45.

I had a case when I bought a coin whose minimum trading volume was 5 units, the cost of each was about $ 50, i.e. the minimum transaction volume was about $ 250, which is quite a lot. Therefore, if you plan to buy 1 coin, and the minimum trading volume is 5 coins, then you will not be able to do this. It turns out that you just spent money by paying the commission for entering and withdrawing from this exchange, because you cannot buy the minimum volume required for a transaction.

How to deposit money on the exchange with a minimum commission?

Now I will tell you how to deposit money on the EXMO exchange with a minimum commission. This is the circuit I am using. If you know a more profitable scheme, write about it in the comments.

Here's the scheme I use in order to minimize the commission:

  1. I usually fund my bank account through an ATM (in dollars, rubles or euros);
  2. Then I replenish the "Advanced Cash" system from a dollar account through a regular card. The commission for entering the "Advanced Cash" system is currently 2.95% from the card. For example, if you top up with $ 1000, then $ 29.50 will be a commission.
  3. I definitely connect cashback to a bank card, and depending on the bank that you use, a certain amount will be returned to you. I have 2% cashback. It turns out that I can reduce the commission of the "Advanced Cash" system by 2%, and for instant replenishment from the card, in the end, I will pay 0.95%.
  4. If we look at the commissions for depositing EXMO through Advanced Cash, we can see that they charge 4%. Directly through "Advanced Cash", if you go to the "Transfer of funds" - "In e-mail. currency "and select" Electronic currency of the recipient "-" EXMO ", then the commission will be not 4%, but 0.95%. Those. You save about 3%.

It turns out that we will pay 0.95% (including cashback) a commission for replenishing "Advanced Cash", then directly from the "Advanced Cash" system instead of 3%, we will be able to replenish the balance with a commission of 0.95%. Accordingly, there will be little savings. I have come across cases when, when replenishing the balance of the exchange in rubles, a person paid almost 18% of the replenishment amount. That's a lot and you can pay less here.

However, it is worth considering such a nuance, the required currency may not always be on the Advanced Cash balance for transfer to EXMO. Therefore, before making a deposit through the "Transfer of Funds" option to "EXMO", see if there is a suitable currency for the transfer. If not, then you will have to recharge directly through the payment gateway of the exchange and pay a little more.

How is it profitable to trade on the exchange?

After we have added fiat money to the balance of the "EXMO" exchange, go to the page "", select dollars, euros or rubles, depending on which currency you have added to the balance.

Let's say we have replenished the balance in dollars. Switch to the "" tab and see which pairs are traded here. We see that a dollar can buy / sell Bitcoin, Bitcoin Cash, DASH, Ethereum, Ethereum Classic, LiteCoin, Ripple, etc.

Since the rate of any cryptocurrency, even during the day, can fluctuate significantly. For example, for today the minimum price on the EXMO exchange for which one could buy Bitcoin is $ 16,100, the maximum price at which it was traded is $ 17,800. This is a fairly large spread, almost $ 1,700.

When you buy in an exchanger, the purchase occurs instantly. For example, if you go to "" and see that if we wanted to buy Bitcoin (bitcoin) for "Advanced Cash" - dollars, then the minimum rate for which they would sell us is $ 16,747. You can never guess with exchangers - it may turn out that when you buy cryptocurrency, you buy it at the maximum price for today. That is, you cannot place a bet that you are ready to buy it for a certain amount.

At the same time, you can place a bet on the exchange by replenishing your balance in the desired currency. For example, I can say that I am ready to buy 1 Bitcoin for $ 16,000 and leave this request. Now, when Bitcoin (bitcoin) falls to this amount, my application will be executed, and I will buy it much cheaper than in the exchanger, having paid $ 16,747 for it.

Since Bitcoin (bitcoin) fluctuates even within one day, you can get a significant discount. I have already said that the minimum price for today was $ 16,100, and if we look within a week or a month, we will see that here it fluctuated even more and fell to a lower price. If you look within a month, you can see that it sank even to $ 11,100.

When placing a bet on the purchase of a cryptocurrency at a discount (below the current market price), you need to understand that your order will not be executed instantly. But if you want to buy cryptocurrency with a significant discount of 10-20-30-40%, from current price make the discount you need, and place a bet / order to buy it at this price and buy it cheap when the rate drops to your rate.

For example, I now have orders when I am ready to buy Bitcoin for both $ 13,000 and $ 10,000. Perhaps they will not come true now, not this month, or even next. But I know that in the medium and long term there will be a correction of Bitcoin or other cryptocurrencies and I can buy them much cheaper than the current rate.

If we look at the chart of price fluctuations for Bitcoin (bitcoin) over the past 3 months, we can see that at its peak it was sold for $ 17,764, then there was a correction to $ 13,467, then it rose to $ 20,000, and fell into the lowest point to $ 12,036. As you can see, price jumps can be significant, of the order of 30-50%.

Your task, if you want to increase your capital, is to buy it during the fall and sell it at the very peak. That is, if you bought it for $ 13,467, then sold it for $ 20,000, then bought it again for $ 12,036 and sold it at the next jump for $ 16,634, then for each such jump you would increase your investments by 30- 40%.

How to buy low and sell high

Now we will not be introduced into the intricacies of technical analysis for cryptocurrency trading analytics. We will analyze it elementary simple scheme how to buy low and sell high. Let's take a look at Bitcoin / Bitcoin as an example).

  1. We know that the free fluctuation of the Bitcoin rate is 30-40% (you can here). We determine for ourselves that we are ready to buy Bitcoin with a 30-40% discount from the current price. If it is currently trading at an average of $ 16,700, I am ready to buy it for $ 13,000. I leave an order that I am ready to buy 1 Bitcoin for $ 13,000.
  2. If the price of your bet differs from the current price, then your order will be sent pending until the price drops to your predicted amount.
  3. Since no one has a magic ball in which you can look and say exactly when and how much the price of Bitcoin will drop, then I recommend leaving several orders with a 30%, 40% and 50% discount. Those. you leave an order with the amount of $ 15,000, $ 14,000 and $ 13,000.

Depending on how deep the Bitcoin sinks, you will be able to buy it at these sinks. If you make only 1 bet and say that you are ready to buy Bitcoin at the very bottom for $ 12,000, then a situation may happen that Bitcoin drops to $ 12,100 and only $ 100 remains before your bet. But due to the fact that you have set too low a rate, you will not be able to take advantage of this price drop.

Therefore, I recommend that you play it safe and leave several orders, starting with the lowest one - 15-20-30% discounts, and ending with the most aggressive one, when Bitcoin drops by 50% and you are ready to buy it quite cheaply. Such a scenario is most likely unlikely, so it makes no sense to tie up too large amounts of money in the hope that Bitcoin will fall by 99% and you can buy it for $ 100.

Looking at the historical price jumps, we can conclude that jumps up to 50% are quite real and can happen once a month or every few months. Accordingly, within this limits, we can place such orders, depending on the current price, how low / cheap we are willing to buy Bitcoin.

After you have left an order that you are ready to buy Bitcoin with a significant discount (for example, 40%) and it has been executed, you can wait until Bitcoin rises in price again.

Let's say you managed to buy Bitcoin for $ 12,000. Here you say that you are ready to sell this Bitcoin for $ 17,000 and get 40-50% of the profit, and then wait for the right moment until the value of Bitcoin rises to your specified rate.

Again, no one can predict when the maximum value of Bitcoin will be, and to what maximum amount it will reach. Therefore, I also recommend leaving multiple sell orders. Let's say you leave an order that you are ready to sell it for $ 16,000, $ 16,500 and $ 17,000. And then adjust them depending on the current market situation.

Outcomes:

  • If you plan to trade Bitcoin in the short and medium term, then it makes sense to use the jumps in its price (volatility).
  • If you buy Bitcoin for the long term and you know for sure that within a year, two, three that its price will grow exclusively. You, in principle, are not interested in all these fluctuations, then you can buy it here at a cheap price, send it to, and let it be stored there for the next 2-3 years until its price rises to $ 20,000 - $ 30,000.

In this video, we have discussed how to buy popular cryptocurrencies for fiat money. In the next video, we will analyze how to buy extremely promising Altcoins / altcoins, which can grow tens and hundreds of times on exchanges that are exclusively engaged in the exchange of cryptocurrencies. Therefore, if you liked the video, put your thumbs up and subscribe to new updates.

Hello, my name is Dmitry and this site is my blog

As you may have noticed, I am engaged in internet marketing and everything related to increasing sales and profits. I work with small and medium-sized businesses helping them to get more customers, making sure that customers buy more and more often, and thus achieve significant growth in revenue and profits. If you are in a legitimate business, love your business and want to grow, then let's discuss .

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