In Venezuela, the growing need to protect the value of our bolivars against inflation has driven many people to seek effective and safe methods to buy dollars.
The app El Dorado P2P has positioned itself as the preferred option for buying and selling stablecoins backed by the dollar, such as USDT.
With El Dorado P2P, Venezuelans can easily access the digital dollar, a reliable alternative to traditional banking restrictions and the lack of availability of cash currencies.
The platform allows its users purchase and transfer USDT via mobile payment, a method that makes it easy to dollarize your savings digitally without complications.
In addition, the integrated El Dorado wallet allows users to manage their funds in different currencies and carry out exchanges in real time, ensuring a secure experience without third parties.
How to buy dollars in Venezuela with El Dorado?
For those interested in buying dollars in Venezuela quickly, El Dorado offers a platform Peer-to-Peer (P2P) specially designed for the Venezuelan market.
This platform allows users to buy cryptocurrencies such as stablecoins pegged to the dollar (USDT and USDC), in bolivars or dollars, using common payment methods in the country such as Mobile Payment, Zinli, Wally, local bank transfers, or international methods such as Zelle and PayPal.
The transaction in our P2P list provides direct exchange between users, protecting both parties with a system of Escrow or escrow, which holds funds until receipt of payment is confirmed.
Steps to buy dollars in El Dorado:
- Registration and verification: To get started, register on the El Dorado platform and go through the identity verification (KYC) process. This is essential for accessing the P2P market and ensures the security of all transactions on the platform.
- Offer selection: In the “Change” section, you can see the offers available from users who want to sell cryptocurrency. Each offer shows details such as the seller's name, reputation, payment method and exchange rate. Choose the offer that best suits your needs or create your own ad specifying the terms of your transaction (amount, payment method, rate, etc.).
- Completing the transaction: Once you find a suitable offer, use the chat at El Dorado to coordinate with the seller and share payment details. After making the transfer in bolivars or payment in the agreed method, notify on the platform so that the seller releases the cryptocurrencies and they are deposited in your wallet within El Dorado.
- Alternatives for posting ads: If you can't find an offer that suits you, you can post your own ad. This allows you to set the price and conditions you prefer and wait for another user to accept your offer.
With these security options and methods, El Dorado facilitates access to the purchase of USDT, especially useful for those who need a form of savings or want to protect their capital in a more stable currency. In addition, being a platform created by Venezuelans for Venezuelans, it is specially adapted to local needs and payment methods.
Which bank allows El Dorado to buy dollars?
El Dorado allows transactions through several widely used banking institutions in Venezuela. The main options include:
- Bank of Venezuela
This public institution has the largest network in the country, allowing its users to make payments in an accessible way, especially through its Mobile Payment functionality.
- Banesco
With a wide user base and a robust digital platform, Banesco makes it easy to buy and sell currencies, and you can make instant payments through Mobile Payment, making it a key tool for making transactions in El Dorado.
- Mercantile
Banco Mercantil stands out for its solid infrastructure and a large network of users, offering a reliable option for those who need to carry out fast and secure transactions.
- Provincial
As part of the BBVA network, Banco Provincial is recognized for its transaction security technology. Its international support and its adoption of Mobile Payment position it as an excellent option for reliable operations in El Dorado.
- Bancamiga
This bank, although smaller in size, offers modern digital services that simplify the process of transactions in bolivars, making it a great alternative for users of El Dorado.
- National Credit Bank (BNC)
Its digital platform allows transfers in bolivars through Mobile Payment, making it a viable option for users of El Dorado in Venezuela.
El Dorado allows transactions with these banks due to their national coverage, ease of use and the trust that Venezuelan users place in them.
These banking institutions offer fast transfer systems, such as Mobile Payment, essential for completing transactions in real time, a key feature for the market P2P.
What commission do banks charge for exchanging dollars?
The commission system of El Dorado P2P it works as follows:
- Transactions between 1 and 39.99 USDT
Fixed commission: $0.49
Example: If you decide to buy 20 USDT, the total to pay will be 20.49 USD (20 USDT + $0.49 fixed commission). - Transactions between 40 and 99.99 USDT
Commission: 1.23%
Example: When buying 50 USDT, the total will be 50.61 USD, including $0.61 as commission (1.23% of the amount). - Transactions between 100 and 999.99 USDT
Commission: 0.99%
Example: If you buy 500 USDT, the total will be 504.95 USD (500 USDT + $4.95 commission). - Transactions between 1,000 and 9,999.99 USDT
Commission: 0.39%
Example: For 5,000 USDT, you'll pay 5,019.50 USD, where $19.50 corresponds to the commission. - Transactions greater than 10,000 USDT
Commission: 0.24%
Example: If you buy 15,000 USDT, the total will be 15,036 USD, with $36 as commission.
The minimum exchange amount on the platform is 1 USDT. This fee schedule doesn't change depending on the bank you use, as El Dorado P2P applies standardized rates to all transactions.
El Dorado P2P works every day to offer you the best currency exchange experience. Our commitment is to provide you with a secure, transparent and efficient platform adapted to your needs.
With low fees, personalized support and flexible options for trading with multiple banks.
We invite you to visit our webpage, write to us through the support chat or simply explore how we can make your operations faster and more comfortable.
