How can make a purchase?

 

If you would like to purchase cryptocurrencies on SMART VALOR, you need to navigate to the “Buy/Sell” section of the exchange. This can be found in the sidebar on any page of the exchange.


Once you are here you will automatically be set on the “Buy” screen where you can select what amount you would like to purchase and how you would like to pay.


On the top of the screen, you will be able to select the currency you would like to purchase, as well as the currency you would like to pay with. This section also provides you with the last price, 24-hour Change, and the high and low prices over the last 24 hours.



Once you have selected the currency you would like to purchase and the currency you would like to pay with you can move down to the Buy screen to select the amount you would like to purchase and the payment method you would like to use for the purchase. On the side, you will also see a summary of the purchase, providing you with the total you are buying, the exchange rate used for the purchase, and the applicable fees for the purchase. This looks the following way:



Once you have selected the desired purchase amount you need to select what payment method you will be using. There are 3 ways to pay for a purchase:

  • Wire transfer

  • Fiat wallet

  • Credit/Debit card


After this, you can review your purchase in the summary screen and then click the “Buy” button to complete the purchase. The purchase will be completed right away and the funds will be placed in your crypto wallet.



Can I sell crypto as well?

 

Yes, on the “Buy/Sell” screen you can switch to the “Sell” section and sell your desired currency. Once you select the currency and amount you would like to sell, you need to click on the “Sell“ button to complete the operation. The funds will be paid out to your Fiat wallet instantly.


What payment methods can I use?

 

For purchases, you can use one of the following payment methods: Wire transfer, Fiat wallet, and Credit/Debit card. Each method has the following characteristics:

 

Wire transfer

 

When making a purchase with a wire transfer you will be presented with an information screen providing you with the exact amount you need to deposit, as well as the deposit information. Outside of the account information, you will be provided with a reference number for the payment. This reference needs to be included in your deposit in order for the transaction to be processed automatically.


Purchases made in this way will not be completed right away, but instead once the funds from your deposit are received.

 

Fiat wallet

 

When making a purchase with the funds in your fiat wallet you can complete the payment right away with funds that you have previously deposited into your account. Alternatively, if you have previously sold cryptocurrencies you can use those funds as they are stored in your fiat wallet. There are currently 4 currencies you can store in your fiat wallet and use for purchases: CHF, EUR, USD, and GBP.

 

Credit/Debit card

 

When making a purchase with a credit/debit card the funds for the payment will come from a credit/debit card that you have entered into the website. The process works like any other online card purchase. After providing your card details you will get one final chance to review your payment before confirming.


Purchases made with a card will be completed right away. Please note that outside of the applicable purchase fees, there may also be payment fees charged by the payment provider depending on your location, and what currency you are using for the payment.


What should I keep in mind when making a purchase?

 

When making a purchase with a card or via wire transfer, please ensure that your bank allows you to make payments to cryptocurrency exchanges.


We recommend double-checking your spending limits for your card before attempting to make a purchase, to ensure that your bank doesn’t stop it.


Be mindful of the fact that purchases on SMART VALOR might prompt you to verify the payment via 3D secure. For more information on this, you can ask your bank or card provider.


If you are sending your payment via wire transfer, keep in mind that the amount of crypto you receive at the end might not be the same as when you first requested the purchase. This is due to the fact that the price of cryptocurrencies is volatile and can change at any moment. The amount you will receive at the end is based on the current exchange rate and the fiat amount you have sent.

 


Disclaimer: Due to regulatory requirements, we are not allowed to process card payments and deposits from certain countries.