Opening an Exchange

A Crypto Exchange converts your cryptocurrency withdrawal into US dollars or other local currency. You'll also use your exchange to buy crypto to deposit with Slots.lv. Get started by checking out cryptocurrencyhelp for our recommended exchange wallet. Opening an Exchange account can be thought of as opening a bank account – verification of your identity is standard, so have your Government-issued photo ID handy. 

WHAT YOU NEED TO KNOW:

• Opening an exchange account is free and takes approximately 5 minutes;
• Exchanges will charge a small fee for your transactions – but less than current credit card Fees.
• Verification times can vary, but typically only take a couple of minutes, depending on the information requested (ex. The last 4 digits of your SSN);
• You’ll need to leave the Slots.lv site to open your Exchange, so bookmark this Help Topic to return to it easily;
• Proof of address may be required if not indicated on your ID;
• For Litecoin transactions, it’s recommended that you use Exodus as it has its own built-in exchange.

Check out this short video tutorial to see the simple process of creating your first exchange account; however, these steps are typical for any recommended exchange you choose.

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