RexChanger online exchange

RexChanger

By 2023, many crypto exchanges had limited functionality for Russian clients or removed rubles from their listings. Therefore, investors from the Russian Federation began to use the services of online exchanges more frequently. Russians choose platforms with an impeccable reputation and a wide range of directions for operations. RexChanger is one of such services. The online exchanger appeared in 2022 and quickly earned the trust of clients. On the site you can sell or buy top cryptocurrencies from cards in rubles, euros, tenge. The service has significant reserves of funds. On request, the limits can be increased.

Official website of RexChanger

The service is oriented to the audience of Russia and other CIS countries, so the main interface language is Russian. You can also work with the English version of the site. To switch languages, you need to click on the corresponding button (icon with a flag) at the top of the screen. The application form is located on the main page.

At the bottom there are links to the official group in Telegram, news block and FAQ. The available options are distributed by sections:

  • “Home”. The home page of the site contains an application form, links to the news block and Telegram chat. At the bottom of the screen you can find answers to frequent questions of clients.
  • FAQ. This is a detailed block with questions on working with the platform and answers to them.
  • “Cooperation. In the section you can read the terms of affiliate and referral programs.
  • “Information”. The section contains tabs with reviews, work rules, news and support service contacts.

E-money exchange in RexChanger

The online platform offers favorable rates for buying and selling top cryptocurrencies. RexChanger works with Tinkoff and Sberbank. Clients of other financial institutions choose Visa and Mastercard RUB, Mir, SBP. You need to take into account that interbank transfers may incur fees. Instructions on currency exchange:

  1. Go to the official website of RexChanger. The developers have not yet released a telegram bot or mobile app.
  2. In the application window, select the direction of exchange.
  3. Enter the amount in the “Giving” or “Receiving” field. The second one will be filled in automatically, taking into account the exchange rate. It is updated every 30 seconds.
  4. Fill in the other fields of the form. It is necessary to specify e-mail and wallet address for crediting funds. If the user withdraws money to the card, it will be necessary to enter the recipient’s full name.
  5. Solve the captcha.
  6. Confirm the application.
  7. A window with details for payment will appear on the screen. It is necessary to transfer the exact amount and click on the “I paid” button.

If the user did not meet the deadline (30 minutes) or made a mistake with the amount, it is necessary to write to the online chat support service. After payment, the operator will check the receipt of money and transfer the asset. The application execution time is 60 minutes after the funds are credited to the details of the exchanger.

You can track the order status in your personal cabinet or on the transaction page. The service does not send data on the order to e-mail.

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Terms of exchange

Operations on the platform are carried out in manual mode. Orders can be created around the clock, but they will be processed during working hours – from 10:00 to 23:00 (MSC). Orders created after 23:00 will be executed the next day.

To exchange money on RexChanger, you do not need to register and verify your data. Documents will be asked to provide only if the cryptocurrency does not pass the AML filter.

There are other terms of exchange:

  • Any user can create an application, regardless of geographical location.
  • The minimum amount of the operation is equivalent to 6 thousand rubles.
  • You can not exchange cryptocurrencies between each other. They can only be withdrawn to a card, e-wallet or bought for fiat.
  • The transaction rate is fixed for 30 minutes (for bitcoin transactions – for 1 hour). If the money arrives later, the amount of payment is adjusted according to the current quotes.
  • According to the regulations, the service has 60 minutes to transfer funds after receiving payment from the user. In reality, requests are executed in 5-10 minutes. In case of delay on the part of the bank, this period can be increased up to 3 days.
  • If the service incurred losses due to the client’s fault (additional checks were required or the bank account is blocked), an increased fee will be charged.
  • If the cryptocurrency transfer did not pass the AML filter, the service conducts a thorough verification of coins. The blocked assets will be returned to the sender with a fee deducted. The amount of the fee will be set individually.
  • The exchanger cannot be used for illegal operations (money laundering). But transfers to third parties are not prohibited.
  • RexChanger makes payments in EUR only to cards issued in Europe, CIS, Gulf countries, Canada, Japan, New Zealand, Australia. The maximum for a transfer is 2.5 thousand EUR per day and 3 thousand EUR per month for one account.

Commissions

RexChanger service fee is included in the rate. Quotes depend on the demand in the direction of exchange, market conditions, they are updated automatically every 30 seconds. The actual value is displayed when creating a request.

For example, when exchanging bitcoin to Tinkoff RUB, the commission will be 2%. The user will receive 2.072 million rubles for 1 BTC.

Available currencies and payment systems

In May 2023, the service supports the most popular directions of exchange. For transactions are available:

  • Cryptocurrencies. RexChanger lists only the most liquid coins – Bitcoin, Ethereum, Tether (TRC-20, BEP-20), DAI BEP-20, USD Coin (TRC-20), Tron, Dogecoin, Litecoin, Ton). Users can withdraw cryptocurrencies to the card in rubles and euros. Exchange between coins (including for stablecoins) is not available.
  • Electronic payment systems. Customers buy and sell cryptocurrency from ruble wallets Money, Advcash.
  • Bank cards. Available currencies are RUB, EUR, KZT, AZN. You can order a transfer by Visa, Mastercard, Mir card number or through the Quick Payment System.

Buying and selling cryptocurrency

In 2023 RexChanger exchanges digital assets only for fiat. The service supports the most liquid coins. The table summarizes the options of possible conversions.

OperationAvailable directions
Buying cryptocurrency
Sberbank, Tinkoff, Advcash RUB
Selling altcoins
Visa or Mastercard RUB, EUR
Bitcoin withdrawal
YouMoney, SBP, Mir, Visa or Mastercard RUB, EUR, KZT, AZN

Registration

You don’t have to create an account to exchange e-money, but it will make it easier for regular RexChanger customers. They will have access to the history of transactions and will be able to set up autocomplete requests. You can create a profile by following the instructions:

  1. On the website of the exchanger click on the “Login” button and then – “Registration”.
  2. Enter your e-mail address and password.
  3. Solve the captcha.
  4. Confirm the data entry.

You do not need to activate access. An e-mail will be received with login data. A notification about account creation will appear on the screen, and the user will be redirected to the profile. If this did not happen, you need to click on the “Cabinet” button.

In the settings, you can change the password. By default, the API is disabled for new clients. To activate it, you need to write to tech support.

RexChanger online exchange
Personal cabinet

Verification

RexChanger follows international anti-money laundering regulations. Therefore, every transaction is scanned by an AML bot. If the transaction has not passed the preliminary verification, it will be blocked for a period of 3 months or more. The operator will request the client’s personal data for identification and offer to confirm ownership of the card or wallet.

If the AML-filter is successfully passed, there is no need to verify the identity and account.

Bonuses and loyalty program

The RexChanger online platform offers cooperation to owners of popular resources. As potential partners are considered:

  • Exchange monitors
  • Thematic forums
  • Telegram-channels
  • Blogs.

To get individual conditions, you need to contact support by e-mail. Users can participate in the referral program. The service pays 30% from the commissions of invited clients. The general scheme of work is as follows:

  1. Register on the RexChanger platform.
  2. Log in to your profile and open the “Balance” section.
  3. Copy the referral link. It can be placed on any resources. The administration does not set restrictions on the channels for finding new participants.

Remuneration is paid automatically after each transaction of referrals. You can track statistics in the “Referral history” tab.

RexChanger online exchange
Setting up payouts

To withdraw funds, you need to:

  1. Log in to the account and go to the “Balance” page.
  2. Enter the amount and select the payment method. Remuneration is paid in rubles, money can be withdrawn to cards in rubles, Bitcoin or USDT (TRC-20).

In May 2023, the online exchange RexChanger celebrates one year of operation. In honor of the festive event, all users receive a 0.3% discount on transactions. To activate the bonus, you need to write to the tech support chat.

You can also take part in the contest and get a cash prize. Conditions:

  1. Subscribe to the official channel of the exchanger in Telegram.
  2. Leave on the BitsMedia forum bitcoin rate forecast for June 2023. Follow the prize draw.

Three participants whose answers are closer to the correct one will get the prize. Prize amounts:

  • Place 1 – $100
  • Place 2 – $50
  • Place 3 – $20.

Advantages and disadvantages of the exchanger

The service has a pleasant design and simple interface. The team is aimed at transparent work with clients. The user agreement can be found in the main menu, the text is written in large font in Russian. Other advantages and disadvantages are collected in the table.

ProsMinuses
Many directions of exchange
Limited working hours – from 10:00 to 23:00 (MSC)
Average transaction processing time – 5-10 minutes
Cryptocurrencies cannot be exchanged between each other
Cards in rubles and euros are supported
No two-factor account authentication
Fast support service
No KYC required
Semi-automatic processing of requests

RexChanger support service

Instructions on how to work with the exchanger are collected in the FAQ and Rules sections. In case of technical problems you can contact the support team through several channels:

  • Online chat. This is the fastest way – the response time does not exceed 5-10 minutes during working hours.
  • Email. Official requests and cooperation offers can be sent through this channel.
  • Telegram. Administrators answer any questions of users.

Operators work 10:00 to 23:00 Moscow time without weekends. You can get support in Russian and English.

Conclusion

According to the Central Bank, in 2023, Russia took the third place in the world in terms of cryptocurrency transfers. Russian citizens are actively investing in digital coins and withdrawing tokens into fiat for everyday settlements. In the online exchange RexChanger you can sell and buy the most liquid cryptocurrencies at favorable rates.

The site has a pleasant design and simple interface. Users are attracted by the loyal working conditions – to create an application you do not need to confirm your identity, and the payment takes 30 minutes. In case of an error (transferring the wrong amount or later than the deadline), the funds will be recalculated at the current exchange rate. Additional commissions for the operation are not charged.

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Author: Saifedean Ammous, an expert in cryptocurrency economics.

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