Initially I used several exchange houses, the exchanges between them are very close, but I definitely stayed with the Orinoco exchange house when I made a comparison between them and they definitely gave the best rate, and since then I have exchanged all my cryptocurrencies with them.
The advantage of this exchange house is that everything is automatic and fast, as its slogan says "at the speed of the hummingbird" either to change to necta, which is its official currency, with any type of cryptocurrency with Fiat money from many countries .
The nectar has been like the currency or the asset that is managed within the platform, which can be considered as a stablecoins, since it maintains a value 1 to 1 like the dollar.
The step by step of how to make an exchange of cryptocurrencies to legal circulation currency is the following.
If you want to exchange, the nectar is being the intermediary and you have to change any asset to nectar and after the nectar to the asset that you require.
To make the exchange, after registering accounts, you go to NIDO, place the desired amount in send nectar, in this case 5 necta, In the section place the currency you want, in this case Bs, select VES and automatically make the change correspondent.
All that remains is to select the destination bank account that you want to send the money to. And ready.
You give accept
A box appears with the characteristics of the exchange and an Orinoco manager is in charge of making the transfer, you just have to wait, then the status changes to "confirm", you go to your account and check if you already have the money and confirm .
The advantages and disadvantages of the exchange house are the following.
The main advantages are in its main functions, this exchange house is to protect, pay, send, withdraw and transform; protect because if you change your money to nectar you can be completely calm that it will not change if it has 10 nectar it has 10 dollars, you can use it as a bank and protect your capital from inflation of any Fiat money.
You can pay, send and withdraw from this platform to anyone in any part of the world as long as they are affiliated, and the good thing is that everything does without any type of direct commission on the nectar paid, sent or withdrawn.
Another thing that I love about this platform is that it has support, but it's very good, they serve you too quickly, they don't delay you, they don't leave you waiting.
The platform is an exchanger, an exchanger so that you can exchange your different assets that you have in different parts, if you have an account in zelle, or have a paypal account, or have accounts in Venezuelan banks, the Orinoco platform allows you to connection with all your assets exchanging from one side to another and vice versa, of the different assets of both the crypto world and the fiat world.
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