- Scanbit introduces offline exchange rate monitoring in Ukraine.
- New functionality helps users find the best and cheapest way to buy cryptocurrency with cash.
- Available since July 2024, enhancing user experience in the Ukrainian market.
- Users can sort offline exchanges by rate, benefit, or trust rating.
- Trust rating is based on reputation, functionality, security, publicity, and convenience.
Scanbit Launches Offline Cryptocurrency Exchange Rate Monitoring in Ukraine
The team at Scanbit has rolled out a new feature that allows users to monitor offline cryptocurrency exchange rates across Ukraine. This latest update, released in July 2024, aims to help users find the best and most economical way to purchase cryptocurrencies using cash.
How to Use the New Functionality
To explore the offline exchange options, users need to visit the exchange page for a specific city, such as Kyiv. Once there, users can select their desired currency pair. For instance, choosing to exchange Ukrainian Hryvnia (UAH) for USDT. The screen will then display a list of the top exchange services available in the chosen city and currency pair.
Features of the New Functionality
Users can sort the list of offline exchanges by:
- Rate: Find the most favorable exchange rates.
- Benefit: Identify the most cost-effective deals.
- Trust Rating: Evaluate exchanges based on aggregated user reviews and other criteria.
The trust rating is determined by several factors including:
- Reputation: Aggregated user reviews.
- Functionality: Number of currency pairs and exchange speed.
- Security: Presence of officially registered legal entities.
- Publicity: Popularity and social media engagement.
- Convenience: Transparency of fees and quality of customer support.
Current Availability and Future Prospects
As of now, Scanbit offers evaluations for 32 offline exchanges that handle cash transactions. Users can also visit each exchange’s dedicated page to read aggregated reviews from various sources. Additionally, Scanbit regularly updates the cryptocurrency exchange ratings on their platform.
This new feature from Scanbit represents a significant advancement for the Ukrainian cryptocurrency market, offering greater transparency and ease of access for users seeking the best deals on cryptocurrency purchases. The continued development and enhancement of such functionalities are likely to strengthen the crypto ecosystem in Ukraine, providing users with reliable and efficient tools for their trading needs.
