How to disable PayPal conversion and change the main currency. Where can I read the rules for changing currencies and what requirements do I have to take into account

Olymp Trade allows traders to open accounts not only in dollars, but also in euros and rubles. At the registration stage, this seems like a trifle, but then it can become a source of inconvenience. Today we will talk about how to change the account currency.

What is the problem

During registration, you will be prompted to select the account currency, EUR/USD/RUB will be available. If you choose a dollar or euro account, then the minimum transaction will be $1/€1, and you will need to replenish your account with at least $10/€10. In terms of the current exchange rate, this will be about 60 and 600 rubles, respectively.

But when choosing a ruble account, the minimum deposit will already be 350 rubles, and the minimum transaction is reduced to 30 rubles. That is, for beginners, just a ruble account turns out to be more profitable, because you can risk almost half as much as when trading on a dollar or euro account.

The question of how to change currency in Olymp Trade arises only later, when the trader starts trading stably and, most importantly, profitably. There can be many reasons for this, from purely psychological ones - the loss of $1 is not perceived as sharply as the loss of 60 rubles (the number is less) and ending with simply a more convenient withdrawal of foreign currency.

In principle, after the withdrawal, no one bothers to immediately convert rubles into dollars / euros and vice versa. But the exchanger is guaranteed to take some percentage for itself, and the rate will not be the most profitable. So it is better to immediately withdraw in the currency that you need.

So the question arises about changing the account currency with a broker. And given the fact that most traders did not read the client agreement when registering, then problems will not be long in coming.

About changing the account currency

To clear our conscience, contact support via chat. We get an answer instantly, obviously such questions are asked by dozens daily and a typical answer has already been prepared. It turns out that the account currency is selected only 1 time - at the registration stage, so if you opened an account in rubles, then trade in rubles.

There are 2 ways to solve the problem:

  • just create a second account with the desired currency. There will be no problems with registration and for some time you will work as usual. Problems will begin if the broker detects the fact of re-registration, clause 2.32 of the client agreement says that the client is prohibited from having more than 1 account. If this rule is violated, the broker reserves the right to simply block the trader's account with all the funds on it. At the same time, there are no financial obligations on the part of the company, that is, they do not compensate you for anything and this will be 100% in accordance with the rules. By the way, the consultant warned us about the same;
  • block the old account and open a new one. In this case, this will not be considered a violation of the rules and it will be possible to continue working without fear of being blocked in the system at any time.

Before account blocking get all the funds out of there and then contact a consultant. If you specify currency change as the main reason for blocking, then this procedure will take a couple of minutes at most, so you won’t lose much time.

Another tip - just write to support again after you open a new account. Inform that the account is activated, you are going to replenish it and start working. It’s not a fact that this will come in handy, but if suddenly the broker starts making claims to you regarding the issue of changing the account currency, you will have just a killer argument - correspondence with the broker.

The number of blocking old accounts and opening new ones is not limited.

Conclusion

The question of how to change the currency in Olymp Trade is solved, albeit not as simply as we would like. There is no separate “Change currency” button in your personal account, so you have to completely block the old account and open a new one - there is no other way. Therefore, a valuable advice to all traders - take a balanced approach to the issue of choosing a deposit currency.

In 1xbet, how to change currency to rubles, dollars, tugriks, euros, hryvnias, lei, pounds sterling, tenge, zlotys, dirhams, dinars and vice versa? What monetary units are generally offered in a foreign bookmaker and is it profitable to work with them? There are more and more such questions, and it is for this reason that I offer detailed instructions describing the main steps. Plus, I’ll tell you a trick that no one knows about at all about accounts in the bookmaker. All secrets and all materials are based solely on my experience. I only recommend what I have gone through myself.

Watch the video how to change currency in 1xbet

ATTENTION! I burned myself on the account change. When you ask a consultant: “How to change currency in 1xbet?”, He asks a counter question: “Specify what currency you want to change the current account currency to?”. You seem to answer “automatically”, which is for dollars. After 2 seconds, the consultant writes: “Done!” (although this was done without your consent). The bookmaker's office automatically charges 10% for the operation, but no one will warn you about this!

You will see that there is less money on the account "after" the transaction. When you try to dispute 10% and defend your rights, representatives of the technical support service indicate that during registration you automatically agreed to the rules! It turns out that "taking" 10% of your money is, as it were, 100% legal. But at the same time, the administration simply did not give a damn about your interests, did not warn about anything.

Look at the screenshot of the communication with the technical support service. I just asked: "Yes, if I suddenly want to change the main currency, what should I know?", and the operator does not give a link to the rules. "Maria" shoots with a counter question: "Specify what currency you want to change the current account currency to?".

I was outraged by this deception. It turns out that the administration is deliberately fooling the people. I am sure that there are no such problems in my favorite bookmaker “1xbet”. By the way, I sincerely recommend that you work with a legal and permitted bookmaker 1xBet . Think that for the first registration you will receive bonuses in the amount of up to 2,500 Russian rubles. And it will be much easier to protect your rights and legitimate interests in the 1xbet bookmaker than in the foreign 1xbet.com.

In the meantime, I offer detailed and step-by-step instructions on changing the currency and communicating with technical support specialists.

Before you change currency on 1xbet, carefully read my instructions! It will help you get rid of the risks of "kidding" and paying additional commissions (as I did). I will try to tell you step by step so that you are not disappointed in the decision made. From my own experience, I can say that there are not so many people who want to change the monetary unit. As a rule, even before registration, people weigh all the risks so as not to “fly into” a minus and debts due to third-party exchange transactions.

For example, you have an account opened in euros, and you replenish it from a Russian ruble card. This means that the conversion will automatically take place at the internal rate (and not always beneficial for you). Roughly speaking, you wanted to deposit 100 euros into your account. The Central Bank exchange rate was 64.55, so you decided to deposit exactly 6,455 rubles. After a couple of minutes, you update the balance and wait for the treasured “hundredth” to appear there. But instead you see 95.644!

You contact technical support with the question: “Where did my 5 euros go?”. The administration replies that the transaction took place at an internal rate that differs from the official one. Nobody cares that out of the blue you lost almost 6 euros. Accordingly, when you withdraw from your euro account to a bank card in Russian rubles, the same question will arise. You will be recalculated again at some internal rate in order to “cash in” on the transaction as much as possible.

There is only one way out of this situation - to change the currency of the account. At the same time, the rules indicate in capital letters that this can be done only 1 (!) Time. To be honest, I myself did not try to request an "exchange" 100500 times.

What currencies are offered in the banned foreign bookmaker 1xbet.com? When do I choose them?

When registering, you always specify the currency with which you want to work. You can open an account in 1 of 100+ world currencies. 1 xbet.com bookmaker operates under a foreign license, so don't be surprised by "exotic" and "interesting" banknotes.

  1. Euro, dogecoin, Philippine and Chilean pesos, Tanzanian shilling, mili-bitcoin, Japanese yen, Czech/Swedish/Icelandic krona, Mozambican metical.
  2. Bahraini dinar, Algerian dinar, Iranian dinar, New Taiwan dollar, Egyptian pound, Singapore dollars, micro bitcoin cash, Chinese yuan.
  3. Nigerian naira, BEAC CFA franc, Jordanian dinar, Angolan kwanza, Transnistrian ruble, HEM/NEM, Kuwaiti and Tunisian dinars, Bangladeshi taka, Russian ruble.
  4. Belarusian ruble, Cambodian riel, Zambian kwacha, Moldovan leu, Serbian dinar, Uruguayan peso, Albanian lek, Norwegian krone, Myanmar kyat.
  5. Peruvian nuevo sol, sibcoin, tajikistani somoni, mDASH, Israeli new shekel, south korean won, kyrgyz som, mZEC, romanian leu, convertible mark.
  6. Polish zloty, mETH, mXMR, pound sterling, Danish krone, mLTC, Indonesian rupiah, South African rand, Croatian kuna.
  7. Turkish lira, Argentine peso, Kenyan shilling, BEAC CFA franc, Saudi rial, Uzbek sum, Ethiopian birr, Vietnamese dong, Brazilian real, Venezuelan bolivar,.
  8. Ugandan shilling, Iraqi dinar, Malaysian ringgit, Ukrainian hryvnia, Mongolian tugrik, Thai baht, Turkmen manat.
  9. US dollars, Kazakhstani tenge, Georgian lari, Swiss franc, Zimbabwean, Canadian, Boliviano, New Zealand dollars, Sudanese pound, Hong Kong dollars, bitecoin.
  10. Australian dollars, Pakistani rupee, Moroccan and UAE dirham, Armenian dram, Colombian peso, Omani rial, Indian rupee.
  11. Mexican peso, Azerbaijani manat digibyte, Belarusian new ruble, Paraguayan guarani, Ghanaian cedi, Haitian gourde, gamecredits.
  12. Bulgarian lev, Macedonian dinar, bitshares, Hungarian forint, Congolese franc, Guinean franc, gamecoin, and many others.

The administration assures that the number of currencies available to the client is constantly increasing. It is quite possible that in 2019 the administration will offer account replenishment in 100+ cryptocurrencies.

Where can I read the rules for changing currencies and what requirements do I have to take into account?

The technical support service is trying in every possible way to “profile” this issue. No one wants to tell you all the requirements and all the nuances. Actually, I didn't read the rules and "got caught on it" myself.

So that you do not fly into a "financial hole", I propose to get acquainted with the basic requirements. The administration stuffed them so that you could not find them - in section 2.34 of the rules (https://1xbet.com/information/rules/2).

Conditions for changing the account currency in a foreign bookmaker 1xbet

  1. The situation must be exceptional, and the reasons must be valid. But I can honestly say that the criterion is not particularly taken into account. I thought that I would have to write and almost provide references, but in fact this is nonsense.
  2. Changing the currency of your account to rubles, dollars, tugriks, euros, hryvnias, lei, pounds sterling, tenge, zlotys, dirhams, dinars or other monetary units is available only 1 time. But I didn't try to change anymore. Perhaps, with subsequent transactions, there are some nuances and restrictions, but everything was fine with me.
  3. The request is sent to an email address [email protected](Here sits the security service). In the subject of the message, the client of the bookmaker must indicate: "CHANGE OF CURRENCY". You will need to attach a photo of the main page of your passport to the email. The picture must be clear and readable (as elsewhere, it is forbidden to make changes to the picture).
  4. The transaction fee is 10% of the convertible amount. The percentage is removed automatically (and so quickly that you don’t even have time to understand anything).

I hope the step-by-step instructions on how to change the currency on 1xbet will definitely come in handy for you. I myself would not advise you to do this, because there is an easier and backward way to “change the currency”. I'll talk about it a little lower.

In 1xbet, how to change the currency to rubles, dollars, tugriks, euros, hryvnias, lei, pounds sterling, tenge, zlotys, dirhams, dinars, so that everything goes without commissions?

To be honest, I don’t know exactly when such an opportunity appeared in the bookmaker’s office: in 2017, in 2018 or before. In general, you can leave the main account in the chosen currency. But you can open at least 100,500 additional ones in your account! It's comfortable.

The administration indicates: “In the account settings (in the section My Account - Account Settings), the function of adding an account is available. You can add and use them to place bets on the site, replenish and withdraw funds. Additional accounts are independent of each other and of the main balance. It is not possible to transfer funds between accounts…”.

Following the instructions of the specialist, I went to my personal account (https://1xbet.com/office/). On the left side of the menu, I selected the “Account Settings” menu, after which the system automatically transferred to the page https://1xbet.com/office/settings/. In the central part there is a menu with a choice + a large green button "Add currency".

You can click on the "tick" and specify any monetary unit you are interested in. For example, sibcoin, Tajikistani somoni, mDASH, Israeli new shekel, South Korean won, Kyrgyz som, mZEC, Romanian leu, convertible mark, Polish zloty, mETH, mXMR, pound sterling, Danish krone, mLTC, Indonesian rupiah, South African rand, Croatian kuna or others. You do not open a new account (you have the same personal account). It's just that in the existing "dollar account" there appears "leu", "ruble", "euro".

I dabbled with additional currency units. You can really add at least 2, at least 4, at least 5, at least 9 or 10! There are no restrictions. Commissions are not taken from you, and the account balance can always be checked in the upper central part of the account (approximately in the same place you see the accrued bonus points).

What should I do if I have already changed currencies once? How to change the currency on 1xbet again and where can I write?

To be honest, I myself do not know how to change the currency in 1xbet for the second or third time. The technical support service directly indicates that such an option is not provided. But it is possible that you can write to technical support, provide the necessary documents and explain the situation. Perhaps this will help you deal with the problem. if not, ask to block the account and open a new one (but this is the most unpleasant and difficult scenario).

ATTENTION! If you wanted to change the currency of the "empty account" of the account, then this can be done even through the "Consultant" service. Just click on the button located in the lower right corner of the site, and a specialist will come to the rescue. Keep in mind that in order to complete a transaction, he will definitely ask you to log in to the bookmaker.

How long does the transaction take and how long will my request be processed?

If you exchange a monetary unit on a "zero account", then everything is done in 2-3 clicks and instantly. The specialist will send you a notification that the main account currency has been changed. But I, frankly, do not know whether to ask for a replacement. You can open an additional account within one personal account.

How to change the currency in 1xbet without account verification and without authorization?

Will not work. Before you can change the currency on 1xbet, you will either have to provide details or log into your account. Good luck!

How to change currency from dollars to rubles, euros, tenges, pesos, dinars, kronas, tugriks on 1xbet? Can I open an account today in dollars, tomorrow transfer it to rubles, the day after tomorrow - in tenge, in a week - in tugriks, in 2 weeks - in riels, a month later - in zlotys? What is the instruction, what needs to be done, how to coordinate the shift with representatives of the administration? The article is a step-by-step guide with answers to questions for beginners and for regular customers. Keep in mind that in 1xBet you will not be able to change money at will. Please read the rules before submitting an application.

Since 2016, players have had another problem with changing currencies. https://www.1xbet.com/ is not available (the site is banned by government agencies). As a result, there is no question of any sports betting! You won't even be able to access the site! If you do not want to get involved in problems, immediately create an account in 1xBet. For the first registration you will receive up to 3,000 rubles to your account!

  • How to change currency on 1xbet from dollars to rubles or from rubles to dollars? What nuances need to be taken into account?
  • Where and what letter should be sent? What information should be included in it? How to change currency in 1xbet?
  • How often can I change money?
  • Will it be possible to withdraw funds immediately after a request for a change?
  • Have you ever been blocked for frequent requests?

In 2014-2018, players often asked questions about changing the account currency on forums, websites, and social networks. The administration replied that it was possible to do so, but it was necessary to comply with the established requirements. No one will allow you to freely convert the currency from one side to the other and "overtake" the money. Similar requirements are set not only in 1xbet, but also in other bookmakers: 1xbet, Pinnacle, Marathon and live bets in it.

You choose the account currency when registering an account. This is the decision on which the possibilities for replenishing an account or withdrawing money depend in the future. Think 100 times before specifying tenge, Russian rubles or dollars from the list.

How to change currency on 1xbet from dollars to rubles or from rubles to dollars? What nuances need to be taken into account?

Our guide on how to change currency on 1xbet will come in handy! So you would have to go to section 2 of the rules (https://www.1xbet.com/information/rules/), deal with legal issues. We have already done everything for you!

We go to paragraph 33 of the rules section and find the reasons for the change:

  1. You have an emergency or a good reason that needs to be documented.
  2. You sent an official request to the technical support service, attached documents, indicated the correct subject of the letter. Traditionally, a photo of the main page of the passport is required. But there is a risk that other documents may be requested.
  3. You are aware that you will have to pay 10% of the converted amount for the transaction. The account has the required amount of funds.
  4. You have received permission from the administration to complete the transaction.

ATTENTION! The transaction is carried out at the internal rate! For example, you looked that the rate of 1 dollar = 65.00 rubles. When changing 100 dollars, you want to get 6,500. You are aware that the administration will withdraw 10%, you are ready to give 650 rubles. Roughly speaking, 6,500 - 650 = 5,850 will be credited to the account. But there is another important detail here! Specify at what rate the exchange will be. The bookmaker can take official data from the Central Bank, for an individual bank, for international financial institutions and markets. You are counting on 6,500 for 100 dollars, and in fact the administration will execute a deal at the rate of 5,494 rubles.

Where and what letter should be sent? What information should be included in it? How to change currency in 1xbet?

“Good afternoon, dear administration. I have account number 958447238282, registered on September 29, 2017 in the name of Vladimir Vladimirovich Shishkin. The first replenishment of the account was on September 30, 2017 from bank card No. 954923928275483 until 09/2020 in the name of Shishkin Vladimir Vladimirovich. The selected account currency is Russian rubles. Since January 2018, I have been moving permanently to China. Documents confirming the move are attached to the letter. There is no opportunity to work with Russian rubles. I ask you to change the currency from Russian rubles to Chinese yuan / US dollars.

During my work in the bookmaker, I replenished my account by 100,000 rubles, withdrew about 239,000 rubles. How often can I change money? I would like to continue cooperation with BC. I hope for a quick and positive solution to the situation. All documents required for identity verification are attached. Sincerely…".

ATTENTION! The request is sent from the email address associated with the account. Otherwise, you will be refused, and you will be forced to look for an answer to the question of how to change currency in 1xbet, what documents to provide.

Will it be possible to withdraw funds immediately after a request for a change?

No, it won't work. You ask for a transaction and the funds are temporarily blocked. In case of a positive decision, the currency change occurs in 1-2 clicks. The system is automated, everything is under the control of the BC. You can not make requests for a shift of your own free will: sometimes once a day, sometimes once a week. You cannot constantly request the opportunity to change the currency at the 1xbet bookmaker. The administration will refuse, they will give a link to the rules.

Watch the video on how to change currency on 1xbet

Have you ever been blocked for frequent requests?

Yes, it happened. The administration of the bookmaker notices suspicious activity and can send you a verification request. You should not abuse the "Transfer to a friend" function, as it also attracts the attention of the administration and raises questions from the security service.

Now you know how to change the currency on 1xbet, what actions to take, how to contact the security service. We can only wish you success and good luck. Be careful when changing, stand on your own interests, but respect the technical support.

At the moment it is possible in three currencies, namely: ruble, dollar and euro. The account on which you will trade is selected immediately upon registration, but what to do if after a while you want to change the currency, and is such an option possible at all. This article will be completely devoted to the topic of how to change currency on Olymp Trade.

As it is known in the Olymp Trade company, you can trade in three currencies: euro\dollar\ruble. You can choose which currency you will use when trading only when you register. But as they say, everything changes, and most often our opinion changes, so many people have the question of how to change the currency in Olymp Trade and this is a completely normal phenomenon that many people face. Well, let's figure out how to do it.

Steps to change currency

I will say right away that when I started trading, I chose a ruble account and so I trade on it, but due to your numerous requests, I decided to figure out what is needed to change the account.

First of all, I contacted Olymp Trade technical support and directly asked them how to change the account, but the answer was disappointing, I was told that such a function was not provided. But, I still found a way out, and about this, I will write below.

As far as I understand, traders want to change the account in two cases. For example, you trade in dollars, but you want to withdraw in rubles, here I will please you, in this case you don’t need to change anything, just withdraw your money to a ruble wallet, when withdrawing, they are automatically converted into rubles.

If you trade in dollars, but want to make deals in rubles, then a change is really necessary. Here I understand you perfectly, since the minimum amount for a transaction is one dollar on a dollar account, and only 30 rubles on a ruble account, the profitability is obvious. Well then, let's look at the only way to change the account.

Instructions for changing a trading account

  1. Contacting technical support
  2. Registration
  3. Selecting a new account

And so now in order. The first thing you need to do is go to your personal account in Olymp Trade and write to technical support. Write to them directly that you want your account to be deleted, they will ask the reason, answer honestly that you want to trade in another currency. Usually technical support is sympathetic to such requests, and within 30 minutes your account will be deleted.

Actually, that's all, the main thing is to wait until the first account is blocked before registering a new one, since according to the rules of the trading platform, one person can have only one account in the system.

Well, now we have learned how to exchange currency on Olymp Trade. But what if, I will tell you that with the change of account you can still get a 100% bonus for replenishment in Olymp Trade. If you did not know, then for each newly registered user, the platform offers a unique offer. With the first deposit of 2,000, 5,000 and 10,000 rubles, you can receive the same amount as a bonus on top, that is, equal to your deposit.

However, there are some nuances and about them, I'll tell you now. To receive the bonus, follow the link that I will provide below. By clicking on it, you will be taken to the following page:

Once on this page, do not fill in anything, but simply move the mouse cursor over the cross of closing the tab, but do not close the page, just hover over and then such a page will appear in front of you (registration is carried out in rubles by default):

Now register, replenish your account and get your 100% bonus. Naturally, all these actions need to be done only after blocking the first account, as I wrote above. Agree, such a gift will not be superfluous, and will significantly help in terms of earnings, it is clearly better to trade with 10,000 rubles than with 5,000.

Summing up

Today the article turned out to be quite productive, you learned how to change currency in Olymp Trade, as well as how to get a 100% bonus. I hope the information was useful and you found answers to all your questions. If not, then ask them in the comments, I'm always open to dialogue. I also advise you to bookmark the site, because in the near future, I will post a lot of interesting and useful information on the principles of trading, working strategies, and so on. By the way, I recently wrote an excellent article on almost win-win strategies, so you can read it:. On this I will say goodbye, good luck to everyone and good profit.

To be honest, I put off writing an article for the column about PayPal for a long time. Despite the fact that the question is relevant, this topic is not very close to me. Like it or not, but you need to understand in order to avoid common mistakes in advance.

When the default settings are set to the currency of the country of which you are a citizen. And if you do not manually change the main currency, then PayPal will automatically convert, for example, dollars into rubles if you are from Russia.

At first, I didn’t care much, because I withdrew funds almost immediately, as they arrived. But if you have the opportunity not to withdraw funds immediately after they arrive, then it makes sense to store them not in your local currency, but in Etsy's main currency - US dollars. In addition, if the buyer after payment wants to cancel the order and return the money, double conversion (from dollars to my currency, and then back to dollars) can “eat” a decent amount, especially if you are selling expensive goods (for example, over $100).

Also, don't forget that Etsy commissions are most often paid in US dollars (unless you have set a different currency in the settings).

Step 1

To find out which currency is the main one in your account, you need to log into your account, and then click on this line on the left in the "PayPal account" field.

Then a window with account data will appear, where the amounts will be indicated. Click on the "Manage Currencies" line

If you want to make changes and change the main currency, for example, make it dollars, then select the desired item and click on the "Make main" button. Suppose you have set the base currency to the US dollar.

As you can see, at the moment I have two currencies, the main one is the US dollar, but the funds are stored in both: both in dollars and in rubles. Because if the funds are already in rubles, there is no way to convert them into dollars. Correct me if I am wrong.

Step 2

Despite the fact that we have set the main currency to the US Dollar, you need to set an additional setting so that there is still no conversion. To do this, we return to the main page of the account, scroll down a little and find the “Corporate Solutions” section on the left. After that, click on the line "Seller Settings".

Then you need to select the line "Block payments", it is located almost at the very bottom of the page, and then click the "Update" button.

After that, in the first line, select the item "Yes, accept and convert them to the following currency: US dollars."

Conclusion

Almost at the very beginning, when I just opened an account, I did not complete step 2, and the funds still continued to be converted from dollars to rubles. But then I found out that I need to set an additional setting. And now all my payments are stored in dollars. I don’t plan to display them yet, so let them be stored in them, I’m so calmer 🙂