As a cryptocurrency enthusiast, I have always been on the lookout for reliable and user-friendly exchanges to trade my digital assets.
Recently, I stumbled upon Voyager Crypto Exchange, a platform that claims to offer commission-free trading and access to over 50 cryptocurrencies.
Intrigued, I decided to give it a try and see if it lives up to its promises. In this article, I will share my experience with Voyager Crypto Exchange and provide a comprehensive review of its key features, pros, and cons.
Introduction to Voyager Crypto Exchange
Voyager Crypto Exchange is a New York-based crypto brokerage platform that was launched in 2019. The company was founded by a team of Wall Street veterans who aimed to provide a seamless and transparent platform for buying, selling, and trading cryptocurrencies.
One of the unique selling points of Voyager is its commission-free trading model, which means that users can trade cryptocurrencies without paying any fees.
Voyager Crypto Exchange Review
I found Voyager Crypto Exchange to be a user-friendly platform that caters to both novice and experienced traders. The platform offers a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple, as well as some lesser-known altcoins.
One of the standout features of Voyager is its smart order routing technology, which ensures that users get the best available price for their trades.
Additionally, Voyager offers an interest program for holding certain cryptocurrencies, which allows users to earn up to 9% interest on their holdings.
Key Features of Voyager Crypto
- Commission-free trading: As mentioned earlier, Voyager does not charge any fees for trading cryptocurrencies, which makes it an attractive option for traders who want to save on fees.
- Wide range of cryptocurrencies: Voyager offers access to over 50 cryptocurrencies, including popular ones like Bitcoin and Ethereum as well as some lesser-known altcoins.
- Smart order routing: Voyager’s smart order routing technology ensures that users get the best available price for their trades, which can result in significant savings.
- Interest program: Voyager’s interest program allows users to earn up to 9% interest on certain cryptocurrencies that they hold on the platform.
Pros and Cons of Voyager Crypto Exchange
Pros of using Voyager Crypto Exchange
- Commission-free trading: This is undoubtedly one of the biggest advantages of using Voyager. Traders can save a significant amount of money on fees by using this platform.
- User-friendly interface: Voyager’s interface is intuitive and easy to navigate, which makes it a great option for novice traders.
- Wide range of cryptocurrencies: Voyager offers access to a diverse range of cryptocurrencies, which allows traders to diversify their portfolios.
- Interest program: The interest program offered by Voyager is a great way to earn passive income on cryptocurrencies.
Cons of using Voyager Crypto Exchange
- Limited payment options: Currently, Voyager only supports bank transfers and ACH payments, which can be inconvenient for some users.
- Limited customer support: While Voyager offers customer support via email and phone, the response times can be slow, which can be frustrating for users who need immediate assistance.
- Limited features: Compared to some other crypto exchanges, Voyager’s feature set is somewhat limited.
Voyager App Review
Voyager offers a mobile app that is available for both iOS and Android devices. The app offers all the features of the web platform, including commission-free trading, smart order routing, and the interest program. I found the app to be user-friendly and well-designed, with all the necessary features easily accessible.
How Voyager Works
To start trading on Voyager, users need to create an account and complete the verification process, which involves providing personal information and submitting identification documents.
Once the account is set up, users can fund their accounts using bank transfers or ACH payments. After the funds are credited to the account, users can start trading cryptocurrencies on the platform.
Fees Overview
As mentioned earlier, Voyager does not charge any fees for trading cryptocurrencies. However, there are some fees associated with the platform, such as withdrawal fees and network fees for certain cryptocurrencies. These fees are clearly stated on the platform, and users can view them before making any transactions.
Cryptocurrency Selection on Voyager
Voyager offers access to over 50 cryptocurrencies, including popular ones like Bitcoin, Ethereum, Litecoin, and Ripple, as well as some lesser-known altcoins. The platform also regularly adds new cryptocurrencies to its selection, which allows users to diversify their portfolios.
Voyager Coin (VGX) Overview
Voyager has its own native token, VGX, which can be used to pay for fees on the platform. VGX holders also receive various benefits, such as reduced fees and access to premium features. Additionally, Voyager regularly conducts buybacks of VGX tokens, which can result in price appreciation for holders.
Voyager Digital (VYGVF) Overview
Voyager Digital is the parent company of Voyager Crypto Exchange, and it is publicly traded on the Canadian Securities Exchange under the ticker symbol VYGVF. The company has a market capitalization of over $1 billion and aims to become a leader in the cryptocurrency brokerage space.
Voyager vs. Coinbase: Which Is Right for You?
Coinbase is one of the most popular cryptocurrency exchanges in the world, and it offers a wide range of features and services. While Voyager and Coinbase have some similarities, such as commission-free trading, there are some key differences between the two platforms.
Voyager offers a wider range of cryptocurrencies and has a more user-friendly interface, while Coinbase has more advanced features and supports more payment options. Ultimately, the choice between Voyager and Coinbase depends on the individual needs and preferences of the trader.
Read also: Binance.Us Crypto Exchange Review
Navigating the Future of Cryptocurrency: A Comprehensive Review of Voyager Exchange for 2023
Cryptocurrency has been on the rise for the past few years and has become a significant player in the financial world. As the market continues to evolve, traders and investors are looking for innovative ways to navigate this space, and one platform that has been making waves is Voyager Exchange.
In this comprehensive review, we’ll take a deep dive into what makes Voyager Exchange stand out from the competition, and explore what the future holds for this exciting platform as we look ahead to 2023.
The Current State of Cryptocurrency and Market Trends
The cryptocurrency market has been experiencing a significant boost in recent years, with the total market capitalization reaching over $2 trillion in April 2021.
Bitcoin, the most popular cryptocurrency, has been experiencing a surge in demand, with its price reaching an all-time high of $64,000 in April 2021.
Ethereum, the second most popular cryptocurrency, has also been gaining popularity, with its price reaching a new all-time high of over $4,000 in May 2021.
The market trends are showing that there is an increasing demand for cryptocurrencies, and traders and investors are looking for new and innovative ways to buy, sell, and trade these digital assets.
This is where Voyager Exchange comes in, offering a user-friendly platform for traders and investors to access a wide range of cryptocurrencies.
Overview of Voyager Exchange Platform and Features
Voyager Exchange is a cryptocurrency trading platform that allows users to buy, sell, and trade cryptocurrencies. The platform has a user-friendly interface that makes it easy for both novice and experienced traders to navigate.
Voyager Exchange offers over 60 cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, and provides users with real-time market data and analysis.
One of the features that set Voyager Exchange apart is its commission-free trading. This means that traders can buy and sell cryptocurrencies without paying any fees.
Voyager Exchange also offers a competitive interest rate on its USDC stablecoin, making it an attractive option for traders looking to earn interest on their cryptocurrency holdings. The platform also offers a debit card that allows users to spend their cryptocurrency holdings at any merchant that accepts Visa.
Voyager Exchange Security Measures
Security is a top priority for Voyager Exchange, and the platform has implemented several measures to ensure the safety of its users’ assets.
One of the security features that Voyager Exchange has implemented is two-factor authentication, which provides an additional layer of security for user accounts. The platform also utilizes bank-grade encryption to protect user data and assets.
Voyager Exchange also offers insurance coverage for its users’ assets, adding an additional layer of protection. The platform has partnered with BitGo to provide this insurance coverage, which covers up to $100 million per user.
Voyager Exchange Fees and Pricing
One of the key selling points of Voyager Exchange is its commission-free trading. This means that traders can buy and sell cryptocurrencies without having to pay any fees. However, there are some fees associated with the platform, such as withdrawal fees and fees for using the debit card.
Voyager Exchange also offers a competitive interest rate on its USDC stablecoin. The interest rate varies depending on market conditions, but it is typically higher than what traditional banks offer.
Voyager Exchange Customer Support and User Experience
Voyager Exchange offers its users a high level of customer support, with a dedicated support team available 24/7 to assist with any issues or questions. The platform also offers a comprehensive knowledge base that provides users with answers to common questions and issues.
The user experience on Voyager Exchange is also top-notch, with a user-friendly interface that makes it easy for users to buy, sell, and trade cryptocurrencies. The platform also provides real-time market data and analysis, allowing traders to make informed decisions about their investments.
Voyager Exchange Partnerships and Integrations
Voyager Exchange has formed several partnerships and integrations to provide its users with access to a wider range of cryptocurrencies and services.
The platform has partnered with Celsius Network to offer users a higher interest rate on their cryptocurrency holdings. Voyager Exchange has also integrated with BlockFi to allow users to earn interest on their Bitcoin holdings.
Voyager Exchange has also partnered with Circle to offer users access to the USDC stablecoin. This partnership allows users to earn interest on their USDC holdings and provides a stablecoin that is backed by the US dollar.
Voyager Exchange Roadmap for 2023
Voyager Exchange has an ambitious roadmap for the future, which includes expanding its offerings to include more cryptocurrencies and services.
The platform plans to expand its debit card program, allowing users to spend their cryptocurrency holdings at more merchants. Voyager Exchange also plans to launch its own cryptocurrency, which will be used to reward users for their loyalty to the platform.
The platform also plans to expand its international reach, offering its services to users in more countries. Voyager Exchange has already expanded to Canada and Europe and plans to continue expanding its global reach in the coming years.
Read also: Kraken Crypto Exchange Review
Comparison of Voyager Exchange with Other Cryptocurrency Exchanges
Voyager Exchange stands out from other cryptocurrency exchanges due to its commission-free trading and competitive interest rates. The platform offers a user-friendly interface and provides users with real-time market data and analysis. Voyager Exchange also offers insurance coverage for its users’ assets, adding an additional layer of protection.
While other cryptocurrency exchanges may offer lower fees or a wider range of cryptocurrencies, Voyager Exchange’s focus on user experience and security sets it apart from the competition.
Future Outlook for Cryptocurrency and Voyager Exchange
Cryptocurrency has emerged as a major player in the financial world, and Voyager Exchange is at the forefront of this exciting market. With its user-friendly interface, competitive fees, and an impressive selection of assets, the platform has quickly become a go-to destination for anyone looking to buy, sell, or trade cryptocurrency.
Looking ahead to 2023, the future looks bright for Voyager Exchange, with ambitious plans to expand its offerings and global reach. As the cryptocurrency market continues to evolve, Voyager Exchange is well-positioned to remain a leader in this exciting and ever-changing space.
Alternatives to Consider
While Voyager is a great option for commission-free trading, there are other cryptocurrency exchanges that offer similar services and features. Some popular alternatives to consider include Binance, Kraken, and Gemini.
Improvements That Could Be Made to Voyager Crypto Exchange
While Voyager is a great platform, there are some improvements that could be made to make it even better. For example, the platform could add support for more payment options, such as credit/debit cards and PayPal. Additionally, customer support could be improved to provide faster and more responsive assistance to users.
Voyager Crypto Exchange App Review
As mentioned earlier, Voyager offers a mobile app that is available for both iOS and Android devices. The app offers all the features of the web platform, including commission-free trading, smart order routing, and the interest program. Overall, I found the app to be well-designed and easy to use, with all the necessary features easily accessible.
Conclusion – Voyager Crypto Review 2023
Overall, I found Voyager Crypto Exchange to be a reliable and user-friendly platform that offers commission-free trading and access to a wide range of cryptocurrencies.
While there are some areas where the platform could be improved, such as customer support and payment options, I believe that Voyager is a great option for traders who are looking for a simple and affordable way to trade cryptocurrencies.
Read also: DIMO Crypto: An Insightful Price Prediction for the Years 2023 to 2050
Voyager Crypto Review FAQs
Is Voyager crypto worth it?
The worth of Voyager crypto is subjective and dependent on individual investment goals and risk tolerance.
What company owns Voyager?
Voyager is owned by Voyager Digital Ltd, a publicly traded company in Canada.
How much is Voyager crypto in USD?
The value of Voyager crypto fluctuates and can be checked in real-time on various crypto exchanges. As of April 13, 2023, Voyager token VGX’s price is $0.337.
Will Voyager Crypto shut down?
Voyager has not announced any plans to shut down, but there is always a risk associated with investing in any financial asset.
Will people get their money back from Voyager?
The process of getting money back from Voyager would depend on various factors, such as the type of investment and the market conditions at the time of withdrawal.
Should I pull out of Voyager?
Whether to pull out of Voyager or not is a personal decision based on individual investment goals and risk tolerance.
Which is better Coinbase or Voyager?
Both Coinbase and Voyager have their pros and cons, and the better option would depend on individual preferences and investment goals.
Should I buy on Voyager or Coinbase?
Buying on Voyager or Coinbase is again subjective and dependent on individual preferences and investment goals.
Is Voyager keeping my money?
Voyager holds the crypto assets of its customers in cold storage, which makes it a safe option for investors.
Is Voyager a Chinese company?
Voyager Digital Ltd is a publicly traded company headquartered in New York City, United States, and not a Chinese company.
What happens to Voyager now?
The future of Voyager is uncertain, but the company has not announced any plans to shut down.
Why can’t I withdraw money from Voyager?
The inability to withdraw money from Voyager could be due to various reasons, such as network congestion or technical issues on the platform.
What happens to my money in Voyager crypto?
The money invested in Voyager crypto is subject to market fluctuations and can increase or decrease in value depending on the market conditions.
What went wrong with Voyager crypto?
Voyager faced technical issues and network congestion that led to delays in processing withdrawals and deposits.
How many people use Voyager crypto?
The number of people using Voyager crypto is not publicly disclosed by the company.
What is the withdrawal limit for Voyager?
The withdrawal limit for Voyager depends on various factors, such as the type of account and the level of verification.
Why was Voyager crypto good?
Voyager crypto was considered good due to its competitive fees, wide range of supported coins, and a user-friendly interface.
Is Voyager in trouble?
Yes, Voyager Digital has filed for Chapter 11 bankruptcy.
Is there a lawsuit against Voyager?
Yes, FTX has sued Voyager Digital for $445.8 million.
Will Voyager Crypto survive?
It is unclear at this time if Voyager Crypto will survive the bankruptcy proceedings.
How high can Voyager crypto go?
It is difficult to predict how high Voyager crypto can go due to the current legal issues and bankruptcy filing.
How often does Voyager payout?
Voyager pays out interest on a monthly basis for certain supported cryptocurrencies.
Will Voyager report to IRS?
Yes, Voyager will report to the IRS as required by law.
Has Voyager gone bust?
Voyager has filed for Chapter 11 bankruptcy
What celebrities are sued over crypto?
It is unclear which celebrities, if any, have been sued over crypto.
What is the price prediction for the Voyager token in 2030?
It is impossible to accurately predict the price of Voyager tokens in 2030.
How does Voyager pay $9 on USDC?
Voyager pays interest on USDC by lending it out to institutional investors at a higher rate.
How does Voyager make money?
Voyager makes money by charging fees for trading and interest on crypto loans.
Who is buying Voyager now?
It is unclear who is buying Voyager now due to the bankruptcy filing.
Is anyone buying Voyager?
It is unknown if anyone is currently buying Voyager.
Why is trading stopped on Voyager?
It is unclear why trading is stopped on Voyager.
Will Voyager stock go up?
It is difficult to predict if Voyager stock will go up due to the current legal issues and bankruptcy filing.
Is Voyager a buy or sell?
It is difficult to say if Voyager is a buy or sell due to the current legal issues and bankruptcy filing.
Why is Voyager tanking?
Voyager is tanking due to the bankruptcy filing and legal issues.
How much will Voyager customers get back?
It is unclear how much Voyager customers will get back at this time.
Can I sue Voyager Digital?
It is possible to sue Voyager Digital, but the outcome would depend on the specific circumstances of the case.
Can I write off Voyager losses?
It may be possible to write off Voyager’s losses on taxes, but it is recommended to consult with a tax professional.
Can Voyager close your account?
Voyager may close your account if you violate their terms of service or engage in illegal activities.
Is Voyager Digital being sold?
It is unknown if Voyager Digital is being sold at this time.
Do you have to pay taxes on Voyager?
Yes, you are required to pay taxes on any gains made from Voyager trades or interest earned.
What is Voyager?
Voyager is a crypto asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. It offers a best-in-class platform with access to over 50 digital assets, low commissions, and a suite of tools to help investors make smarter trading decisions.
Is Voyager safe?
Yes, Voyager has implemented strict security measures to ensure the safety of users’ data and funds. All customer deposits are stored in cold storage wallets and all transactions are secured with bank-level encryption technology.
Furthermore, the company has established an insurance fund to protect users against any losses due to hacking or other malicious activities.
What cryptocurrencies does Voyager offer?
Voyager offers access to over 50 digital assets including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), and many more. The platform also features access to several fiat currencies such as US dollars (USD), Euro (EUR), and British Pound Sterling (GBP).
Does Voyager charge any fees?
Yes, there are fees associated with using the platform which vary depending on the type of transaction being made. For example, buying or selling cryptocurrency incurs a commission fee of 0.25%, while transferring funds into or out of the platform incurs a flat fee of $2 USD per transaction.
How long does it take for deposits and withdrawals to be processed?
Deposits are typically processed within minutes, while withdrawals usually take between 1-3 business days. However, the exact time frame will depend on the type of deposit or withdrawal being made and the payment method being used.
Does Voyager offer margin trading?
Yes, Voyager offers margin trading options for users looking to leverage their positions and maximize their profits. This feature is available for select digital assets and comes with a set of risks that should be understood before using it.
Is there a minimum deposit amount?
Yes, the minimum deposit amount for most digital assets is $100 USD, however this may vary depending on the asset being deposited.
What payment methods does Voyager accept?
Voyager currently accepts deposits via bank transfer (ACH) and debit/credit card payments in US Dollars (USD). The platform also supports withdrawal to bank accounts in USD or cryptocurrency wallets.
Does Voyager offer any customer support?
Yes, Voyager has a dedicated customer support team available to answer any questions or concerns you may have about the platform or its services. The team can be contacted via email or live chat 24/7 for assistance.
How do I open an account with Voyager?
Opening an account with Voyager is easy and straightforward – just visit the website and click “Sign Up” to get started. You will need to provide some basic information such as your name, email address, and phone number and create a secure password in order to complete the process.
How do I buy crypto on Voyager?
To buy crypto on Voyager simply navigate to the “Buy” page on the website, select your currency of choice (e.g. Bitcoin), enter your desired amount and click “Buy Now” to complete your purchase.
Your funds will then be credited immediately into your account balance once the transaction is confirmed by the network nodes validating it on the blockchain ledger system used by that particular cryptocurrency you purchased.
Is there a mobile app available for Voyager?
Yes, there is currently an iOS app available from the Apple App Store which allows users to access their accounts from their mobile devices anytime, anywhere with just a few taps of their fingers!
The app also features real-time price tracking of more than 50 coins as well as easy access to other features such as portfolio management tools and market news updates from reliable sources within the industry.
Is it possible to earn interest on my crypto holdings with Voyager?
Yes, users can earn up to 6% APY interest on their crypto holdings when they opt-in for staking rewards offered by some coins such as ADA (Cardano), EOS & ATOM (Cosmos). This feature requires no additional setup – simply hold these coins in your wallet balance & start earning rewards!
Does Voyager offer any referral program?
Yes, users can earn up to $25 USD worth of Bitcoin when they refer someone who signs up & completes at least $100 worth of trades within 30 days of registering on the platform! The user who made the referral will receive $25 worth of BTC directly into their wallet upon successful completion of these conditions by their referred user – it’s that simple!
What type of order types does Voyager support?
Voyagers support several order types including limit orders which let you specify what price you would like your order filled at; market orders which are executed at current market prices; stop loss orders which help protect investors against significant losses;
trailing stop orders which allow traders to set trailing stops so they don’t have manually adjust them every time prices move; post-only orders which guarantee that no maker fees will be incurred; iceberg orders which allow traders to hide part of their order size from the public view;
fill or kill orders which require all trades must be filled immediately at specified prices; one cancels other orders where if one part of an order is filled then all remaining parts are canceled automatically & finally good till canceled orders where traders can set specific times after which if not filled then they are automatically canceled.
