Сlick the Buy/Sell tab in the widget.

Pick whether you want to buy or sell cryptocurrency. In our example, we will be buying crypto. To sell crypto for fiat, you use the same tab and proceed similarly. Indicate what fiat currency you will sell and what crypto you will buy. In our example, we will buy BTC with EUR, but you can choose any available coins.

In the You Send field, pick the fiat currency you want to buy crypto with and provide the sum.

Now, select the option that you will use to buy crypto. In our example, we will use a bank card, but you can use a bank transfer, a Sepa transfer, or depositing funds with Google Pay or Apple Pay.

You will be displayed a fiat payment provider that offers the best rate for the selected operation. In our case, it is Mercuyo.

Provide the receiving address for the crypto you want to buy, and a valid email address. Double-check all the information you’ve provided.

Hit the Confirm button then Proceed .

You will be redirected to the safe environment of Mercuryo, where you will be requested to confirm your payment method (a bank card in our case) and to proceed with providing some data such as bank card number, CVC, your name & last name.

Some fiat payment providers, such as Transak, will request you to complete a verification process within which you will have to provide your address, submit your ID documents, and take a selfie.

All these steps are completed in an environment of the selected fiat payment provider, not on the Babcoins platform. We don’t collect nor store your personal data.

Your bank may request additional verification by asking you to provide a code sent in an SMS or any other way. Please proceed as requested. After that, your purchase will be completed, your fiat currency will be withdrawn from your card, and the selected crypto will be purchased and sent to the receiving wallet address you’ve provided.

In the exchange widget, pick the exchange rate type: Fixed or Market.

If you pick the fixed rate, you will get the exact amount displayed at the start of the swap. With a fixed rate, you can add a promo code to get cashback.

If you choose the market rate, the platform will pick the most profitable exchange rate among multiple liquidity providers and will perform the swap at that rate. In this case, the sum to receive may change if the exchange rates change while the transaction is being processed

In the You Send field, choose the coin you want to sell, and indicate the sum.

In the You Get window, choose the coin you want to buy. The sum to receive will be calculated automatically.

Once you’ve provided all the required data, click the Swap button.

Note: some tokens are supported on different blockchains. Before proceeding with your transaction, make sure you pick the coin on the correct blockchain. Otherwise, your funds will be lost.

If you have a promo code, type it into the Add a promo code field (please keep in mind that this option is available only if you have selected a fixed rate to swap your coins. Filling in this box is not mandatory, but with a promo code, you get a cashback on your swap.

Once you’ve provided all the required data, click the Swap button.

Provide the receiving wallet address. This is the wallet address to which you will receive your exchanged coins.

For some coins, you will see an additional field: Memo, Destination Tag, Payment ID, Message, etc. Here, you shall provide a short string of symbols, which differs for different tokens. Please don’t ignore this field. If you don’t provide a memo (or Destination Tag, Payment ID, Message, etc.), your funds may be lost.

Add a valid email address.

Finally, add the refund address. Your money will be refunded to this address if your transaction isn’t processed. This option is optional, but we recommend doing so.

Once all the information is provided, click on the ACCEPT button.

You will be displayed a wallet to which you shall send a deposit. Send the exact sum of money you’ve assigned for the swap to the wallet, and wait until the transaction is completed and you receive your exchanged coins in your wallet.

After it’s done, request your receipt with all the transaction details. To do so, click on the respective button. You will be asked to provide your email to which the receipt will be sent. Once you do so, the receipt with all the data will be sent to your email.

Please note that most exchanges are very swift. But sometimes, a swap may take longer due to network loads or blockchain features

Use the exchange widget menu to check additional information on your swap. Click the button in the top right widget corner to move to the menu.

You will be displayed the widget menu. There, several options become available.

1/ CHANGE THE LANGUAGE

There, you can change the language of the widget. To do so, click on the Language option.

On default, English is selected. Pick any language you feel comfortable with by clicking on it. All changes will be displayed in the widget.

2/ CHECK EXCHANCE STATUS

To check the status of your exchange, click on the respective options.

Paste the ID of the exchange you want to check, and click on the Check button.

The status will be displayed.

3/ RECOMMENDED WALLETS

To check wallets recommended by Babcoins, click on the Recommended Wallets option.

In the window, you will be displayed the list of the wallets recommended by our platform.

AML CHECKING

While the platform doesn’t require users to register an account, we perform automatic AML checks to ensure we work only with legit money.

In rare cases, the coins may not pass the AML check. It means these coins were involved in illegal activities, and we cannot accept them for a swap. We don’t block users’ funds, but we refund them to the wallet from which they were sent.

In some cases, we may request additional information to process a transaction. If a user doesn’t provide it, their funds will be refunded to the wallet from which they were sent.

CONCLUSION

Swapping crypto with Babcoins is safe and easy. The exchange widget offers comprehensive functionality, and the entire process is straightforward and transparent.