Exchanger reserves: why is it important?
Reserves are a total quantity of means on the account of a service, which allows to freely perform exchange in different directions. On BestChange, all exchangers have reserves not less than $10, 000. However, famous and popular exchangers have much more significant reserves.
Currently, the monitor works with 230+ exchangers, the total reserves of which constitute $11 billion (the relevant number can be seen in the section “Exchangers” -> “Statistics”).
❓ Why is it important to pay attention to the reserves of an exchanger?
It is simple — an exchanger won’t be able to pay for an order, the amount of which is higher than the reserves it has for a specific payment direction. For example, if the reserves are just 10,000 Advanced Cash, you won’t be able to sell 15,000 Advanced Cash to the exchanger. That’s why you should always pay attention to this indicator when choosing a service with the help of the monitor — it is shown in the table where suitable services are specified. Usually, the exchangers in the BestChange listing do not have problems with reserves.
We are trying to keep information relevant and require the exchangers to timely update information about their reserves.