⏳ How to choose the best moment for an exchange?

BestChange
1 min readAug 29, 2022

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The market volatility (especially that of the crypto market) brings about situations when some days the rate can change by 10–20% or more. At the same time, there are more stable periods. BestChange can help analyze the market and select the best moment for buying/selling.

To do that, you need to open the tab “Statistics” after selecting a payment direction. On this screen, you will see changes in the exchange rate, as well as the total reserves for it. Why it is important:

✅ If you see high volatility, you should better postpone exchanging.

✅ If the rate is clearly too high, you can wait a few hours to see if it returns to normal.

✅ If you have a certain trading strategy, then the information about the rate dynamics will help adhere to it.

Other parameters in “Statistics” can influence the decision about exchange — reserves and the popularity of direction. There is an opportunity to select different periods of time for analysis — up to a year. Be attentive and consider financial actions to receive the maximal profit.

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