Crypto conversion may be required for diverse causes. Any user wants to do it fast and profitably. In this circumstance, you can use different ways. Using individuals is operated caustically since it does not ensure security at all. There are many scammers on the Internet, so you can lose your funds in a few minutes.

You can use crypto exchanges or exchangers to profitably swap Ether cryptocurrency to Tether USDT stablecoin in TRC-20 network. Both choices are quite trustworthy, so the user can be certain of the security of transactions. Nevertheless, there are distinctions between them.

How is a crypto exchange distinct from an exchanger?

If you swap Ethereum to Tether TRC20, you must select a more profitable key. Not all users manage to fill out a charge correctly on exchanges, so you need to wait until you come across a promising deal. This may take several days, but you can wait if conditions allow. In this case, although longer, the user can swap crypto at the rate he prefers. Transactions should not be anonymous, and signup and confirmation should be required.

You won’t have to search for swap services for a long time. Just go to www.bestchange.com/ethereum-to-tether-trc20.html. Here, you can select an exchanger to exchange Ethereum (ETH) to Tether TRC20 (USDT). Such services have the next benefits:

1. To purchase Ethereum (Ether) cryptocurrency, you do not need to study the intricacies of trading. The interface is easy: the user chooses the exchange direction and enters the needed amount.

2. When selling and purchasing, the user uses his own crypto wallet; it does not require to transfer funds to the service. In this case, he can be sure that they will not fade.

3. The exchangers present several exchange directions at once, and the user can pick just the one requires.

A tremendous benefit is the lack of registration and identity validation with documents. This permits you to save time and keep the anonymity of transactions. In addition, there are no extra payments in the exchangers. The principal commission is already included in the exchange rate. There is also an option to acquire extra bonuses for regular cooperation.

How to convert cryptos?

The process is very fast. Just go to Bestchange, where the rating of confirmed exchangers is shown. Next, choose the proper service and click on its name to go to the official website. Be sure to read the terms of service. After that, the user fills out an application with the swap direction, amount, and crypto wallet number. The application is sent for validation; the user contacts the service representative to obtain payment details. It must be satisfied within a certain period; otherwise, the application will be canceled. Next, you need to wait until the crypto arrives in the wallet. For all questions, you can reach technical support around the clock.

By Dipo Olowookere

The Nigerian Naira had a good outcome at the parallel market segment of the foreign exchange (FX) market on Monday, buoyed by a decline in the demand for FX.

There was a public holiday yesterday in Nigeria, which continues today to mark the end of Ramadan, a 30-day fast observed by Muslims across the globe.

The holiday ease the pressure on the local currency on Monday as most of the forex hawkers were at home for the Eid al-Fitr.

Business Post reports that the Naira gained N5 against the United States Dollar during the trading session to close at N1,550/$1 compared with the preceding session’s value of N1,555/$1.

This newspaper gathered that a few FX traders out for business yesterday did not have much to do because of the holiday declared by the federal government.

“It was a quiet day for us today (Monday. We did not see many customers to buy Dollars from us. It is the usual occurrence when there is a public holiday. We hope things will return to normal from Wednesday,” a forex trader, Mr Abubakar Ahmed, who spoke with Business Post, said.

The official market, known as the Nigerian Autonomous Foreign Exchange Market (NAFEM), did not open for business because of the Eid al-Fitr celebration.

It last opened its doors for business last Friday, when it gained 65 Kobo or 0.04 per cent against the greenback to quote at N1,538.26/$1, in contrast to Thursday’s exchange rate of N1,538.91/$1.

The appreciation happened as the Central Bank of Nigeria (CBN) boosted forex liquidity to stabilize the market with about $1 billion last month.

By Adedapo Adesanya

Oil prices climbed on Monday on worries that crude supply could decline if the US President, Mr Donald Trump, follows through on threats to impose more tariffs on Russia and possible attack on Iran.

Brent futures were up by $1.11 or 1.5 per cent to $74.74 per barrel and the US West Texas Intermediate (WTI) crude rose by $2.12 or 3.1 per cent to settle at $71.48 per barrel.

Mr Trump on Sunday said he was “pissed off” with the Russian President, Mr Vladimir Putin, for stalling on a Ukraine peace deal, and threatened new tariffs on Russia.

His comments marked a notable change in tone for the American President who had always been softer on Russia.

However, the latest remarks suggest he may be losing patience with the Russian leader.

President Trump said if Russia were to block a peace deal, he would impose “secondary” tariffs of 25 per cent on any country buying Russian oil, which would include China and India.

President Putin had imposed a series of conditions on potential peace deals which go far beyond existing US-led proposals, some of which effectively push out the Ukrainian President, Mr Volodymyr Zelenskyy.

Russia said on Monday that the US were working on ideas for a possible peace settlement in Ukraine.

In a related development, President Trump also threatened Iran on Sunday with bombing and secondary tariffs if Tehran did not come to an agreement with Washington over its nuclear programme.

Iran’s Supreme Leader, Mr Ayatollah Ali Khamenei, said on Monday the US would receive a strong blow if it acts on Mr Trump’s threat.

Meanwhile, Iran’s Revolutionary Guards seized two foreign tankers in the Persian Gulf carrying over 3 million litres of allegedly smuggled diesel fuel.

Some analysts believe that President Trump may not act on his threats, a view that is putting a cap on oil prices.

Also, talks to restart Kurdish oil exports through the Iraq-Turkey pipeline have hit a snag as a lack of clarity over payments and contracts persists.

In another development that could impact oil supplies, the US revoked the license of Spanish oil company Repsol to export oil from Venezuela.

Repsol reportedly said it is talking with US authorities on ways the company can keep operating in Venezuela.

In the US, crude oil production fell by 305,000 barrels per day to 13.15 million barrels per day in January, the lowest since February 2024.