Exchange Tether TRC20 (USDT) to Ethereum (ETH) - where is the most profitable place to do it?

The financial sector of cryptocurrencies is already represented by hundreds of types of digital coins. Each has its own characteristics, which affects its popularity and development prospects. The Ethereum (ETH) cryptocurrency is the second most popular and capitalized after Bitcoin. The Tether USDT stablecoin in the TRC-20 network is also a very popular crypto, but it differs from these two types of digital coins in the principles of value regulation. If in relation to BTC and ETH these are commercial conditions, that is, the cost fluctuates depending on changes in supply and demand, then the Tether stablecoin has lower volatility, since its value is equivalent to the most stable fiat currency (US dollar, euro). Therefore, it cannot be said that Tether TRC20 (USDT) is the same as US dollars, but due to its equivalent value, it can be safely used to fix profits or maintain the amount of capital without a financial drawdown in the face of serious market fluctuations. At the same time, Ethereum (ETH) is more often used for trading, since its volatility is much higher, as are the prospects for investing and trading. Of course, subject to competent market analysis.

When operating these two cryptocurrencies, you need to take into account that they work on different algorithms. Therefore, in order to exchange USDT for ETH, you need to have the appropriate tools. As a rule, these are special platforms that provide financial intermediary services.

Why should you responsibly choose a financial intermediary - a cryptocurrency exchanger?

All cryptocurrencies are used on the following basic principles:

• anonymity of each owner;
• non-refundability of payments.

Taking these aspects into account, you need to be sure that the company that positions itself as a financial intermediary will fulfill its obligations under the transaction, transfer money at the stated rate to the counter account after receiving a certain amount of money in another crypto from the user.

How to determine a reliable cryptocurrency exchanger?

In order to avoid problems when exchanging Tether TRC20 for ETH, you must first check the selected service according to the following criteria:

• the duration of the platform's activity - the longer the company has been on the market, the better, because this is a kind of guarantee of its responsibility, honesty and reliability, but it is important to clearly distinguish between the information published on the site and what can be found out during a more detailed check of the site, for example, by domain name;
• compliance with the conditions - for this, it is enough to use the data from the monitoring site or from thematic forums, where all the pros and cons will be accurately indicated;
• legal liability of the company - in order to operate as a financial intermediary, the company must have the appropriate licenses, this information can be found through special registers.

Personally performing these and other checks is extremely time-consuming. It is much easier to get all the necessary data on the verified resource of the monitoring site BestChange. The reputation of this information company is impeccable, since for years the platform has been publishing only reliable data on all financial intermediaries.