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What is switchere & how does it work?

Switchere’s main focus is on making it easy and quick to buy Bitcoin and other cryptocurrencies by providing a simple and intuitive platform on which you can use credit/debit cards to buy crypto instantly.

Does switchere have a crypto wallet?

When you buy cryptocurrency on Switchere, you can provide the address to your own crypto wallet. That means it's you, not Switchere, that's responsible for keeping your cryptocurrency safe. Switchere offers its own crypto wallet for most of the cryptocurrency it sells.

How much does switchere cost?

For U.S. customers, card payments are the only option. That means you pay a processing fee of 3.6% plus $0.32, plus the service fee of up to 3.4%. In total, it can cost as much as 7% and $0.32 per transaction, which makes Switchere extremely expensive.

Is switchere a legit exchange?

Regulated exchange. Switchere takes the legal front seriously and employs international AML/KYC standards, runs a licensed and certified global operation and has acquired Virtual Currency Exchange Provider (no. FVR000779) as well as Virtual Wallet Service Provider (no. FRK000680) licenses.

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