Exchange currencies with other users
Why is it worth it?
- As a member of our community, you become part of thousands of Conotoxia users who exchange currencies with each other.
- You review the offers of buyers and sellers on a single, convenient platform.
- By exchanging currencies without spreads, i.e. the difference between the buying and selling rate, you make savings on exchange rates.
Transparent and simplified price list
There is a small commission added to the transactions, which we use to cover the costs of operating and developing the platform and maintaining its top quality. The commission depends on the monthly turnover generated by your social transactions. The price list is effective as of December 15th, but the fees will not be charged until the end of August 2022.
Reveal all the benefits offered by our currency wallet
In the currency wallet offered by Conotoxia, you can keep funds in different currencies. With this, you can quickly and conveniently order social transactions and pay for other transactions in our portal quickly. Accumulated funds can be transferred to a multi-currency card or any bank account at any time.
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Make savings by exchanging currency with other users quickly and without intermediaries.
Social transactions - FAQ
The spread is the difference between the buying and selling price of a currency. In social transactions, you set the exchange rate yourself.
Banks, in addition to the commission for the exchange transaction, also profit from the spread. In social transactions, you set the rate yourself and exchange without intermediaries.
Yes. If we find an offer that partially matches the opposite offer, we will pair and execute the transaction, and the remaining amount will remain as a pending offer.
Yes. You can change the rate and amount of your social transaction. You also can deactivate or delete it if no matching offer of another user has been found in the meantime.
We charge a small fee for each executed transaction. This ranges from 0.05% to 0.19% of the transaction value and depends on the monthly turnover. Its exact amount can be found in the table above.
The execution time for social transactions depends on how quickly a buyer is found who wants to make a counter transaction with the parameters set by you. The more attractive they are, the faster you will find a matching offer from another user.