Lots of exchanges charge. On Celsius youll earn a 5.35% APY on your first 100 ETH and 5.05% for any amount over that. I even lowered the price more and it still did not display my order when the spread was still at a 3% difference. 5 Stars. Plaid and 2-factor authentication are the main features. as well as other partner offers and accept our, No trading fees (excluding the small spread fee Voyager earns for executing orders at better prices), Access to 100+ cryptocurrencies, including bitcoin, ethereum, and dogecoin, You can fund account instantly with cash or crypto transfers, Voyager filed for bankruptcy in July 2022, No self-custody for individuals, meaning you can't secure your crypto assets with a private key you control (Voyager says this feature is coming soon), Not available for New York residents, and international support is limited (see full list of supported countries here). Them having high withdrawal fees doesnt promote this in any way. During the sign-up process you will need to enter DAN8DE for the Voyager promo code. Coinbase is a public US company and offers transparency into its industry-leading security along with its brand reputation, while Voyager is also a publicly traded company that is similarly audited and reputable. So, in theory, if something happens, you can expect to get your money back. Because of this, they will need to make sure that their records are kept up to scratch. Whenever you have a problem and call for Celsius customer support, they will be very slow to respond. If you dont own the keys, its not your crypto, as they say. Unfortunately with Voyager if theres an issue with your money, youll have to jump through hoops to talk to someone that might help. *Note: Voyager recently filed for Chapter 11 bankruptcy. Check out our list of the best crypto exchanges to see how Voyager compares. Join our discord now, we are online! Continuing their insistence of accessibility, even opening an account with Voyager is laughably easy. Since Voyager is a cryptocurrency broker, it shares some features with cryptocurrency exchanges and lending platforms. Lowest fee: 0 DOGE (Free) at Bitfinex (as of Mar 2, 2023). If you're interested in crypto investing, you may want to consider other crypto exchanges. After someone has signed up and deposited $100, you should receive an email notification. Kraken offers a much larger variety of cryptocurrencies and pairs (over 90 coins, over 400 pairs), so users who value a large selection and advanced traders who seek margin will prefer Kraken by far. This tells me that Voyager app is rolling their fee into every order. Voyager also pays bug bounties to incentivize users and white hat security experts to report potential security flaws. Press question mark to learn the rest of the keyboard shortcuts. Additionally both companies have no additional insurance on the funds and only offer a government backed $250k on USD and not crypto. Your email address will not be published. The company has its headquarters in Jersey City, New Jersey, making it a U.S.-regulated company. Voyager is an excellent choice of multi-purpose crypto exchange for all types of crypto investors and spot traders who dont need to use the platform for advanced charting or order types. Altcoins Stablecoins Access your favorite topics in a personalized feed while you're on the go. The new VGX 2.0 token boosts users crypto earning potential with 7% staking rewards and those on other cryptos on the exchange as well. You can do that completely for free and I made a video tutorial on that. Voyager is also planning to expand to Canada and Europe in the near future. Moving you crypto of any kind will result in gas and minor fees. When you do a bank transfer with Voyager, they connect to your bank account using Plaid. Earn 3.50% Annual Percentage Yield (APY) with no account minimums or monthly fees. The withdrawal options including the blockchain network and any associated fees will then populate on the screen. The app is also ideal for institutions in need of order execution and custodial crypto services. For example, to withdraw BTC you will need to pay 0.0004BTC ($15USD). It has strong regulation and insurance which means its safer than many other exchanges but the downside is that those costs get passed to you via higher withdrawal fees, which for most users is a non issue. New accounts have a daily deposit limit of $10K. While Voyager thrives on simplicity, Celsius focuses more on security and stability. KYC is required. It says customers with USD in their accounts will receive access to the money after it completes a reconciliation and fraud process with Metropolitan Commercial Bank. It's about the same to withdraw STMX, which I know is because of gas fees, but still. Alternatively you can buy VGX and stake it on your own through MetaMask.Earning 7% isnt groundbreaking when you consider platforms like Celsius pay upwards of 17% APY. FTX will win against Voyager for all intermediate or advanced traders, as FTX offers 323 coins and 492 trading pairs, which is again far higher than Voyagers 80+ coins offering. On Celsius interest rates are not fixed, but fluctuate based on demand on a weekly basis. Its important to note that Celsius rewards CEL holders with a proportional share of 80% of its profits. Get the latest tips you need to manage your money delivered to you biweekly. Select " Transfer Assets " and then choose if you want to deposit or withdraw crypto to your Voyager account. Coinbase is best designed for buy-and-hold investors or casual to intermediate cryptocurrency users though has a much larger selection of cryptocurrencies offered compared to Voyager402 pairs vs. Voyagers ~80 coinsand offers an advanced desktop trading interface as well as a mobile app. My job with Captainaltcoin is the content editor and content writer position. What Is The Sandbox And How Can You Play? And if Voyager can beat the quoted price, it takes a portion of those savings.Its also important to note that Voyager is a broker, not an exchange. However, if youre buying VGX to get into the Voyager loyalty program, automatic staking is an extra perk. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. This project aims at providing people with fast transactions and low fees. and our For example, you might want to use Authenticator. For example, the earnings reward boost pays you an annual reward percent boost on various cryptocurrency assets Voyager supports. Not selling , just wondering. No fee for wire deposits but there is a $50 fee for wiring USD out of the account, with a $10K minimum amount on outgoing wires, No fees on ACH withdrawals or deposits for fiat. The team is a combo of Wall Street and Silicon Valley entrepreneurs who teamed up to bring a better, more transparent, and cost efficient alternative for trading digital assets to the marketplace. Its the only way to get the Voyager $25 sign-up bonus. Celsius uses a security system called multiparty computation (MPC) to keep your holdings safe. I know, pushing my own Voyager referral code, right? Also, Crypto.com withdrawal fees are free. Median: 4.5 DOGE ($0.36). Exchange Withdrawal Fee Minimum Withdrawal Amount; $1.52. Our opinions are our own. However Voyager does offer coins not available on Celsius. I am a big-time crypto enthusiast and I am proud to be a part of the project. I would recommend a bank transfer, because it costs you money to send cryptocurrency. of To do this, many or all of the products featured here may be from our partners whom we receive compensation from. While Celsius excels at being a lending platform, providing users with the higher yield. Crypto withdrawal fees depend on the cryptocurrencies being withdrawn, and can vary between US$10-$20. Staking involves locking up cryptocurrency to help validate transactions and earn crypto rewards. Comments are solely the opinions of their authors. After setting a Limit Sell order as the lowest ask price, the Voyager app does not show my order! Affiliate partners cannot pay CaptainAltcoin to guarantee favorable review or higher ratings on the website. Voyager earns money from the spread between the price at which you submit your order and the price at which the platform executes it. Celsius doesnt offer the high rate for your 1st BTC, only for your 1st .25 BTC. Reddit and its partners use cookies and similar technologies to provide you with a better experience. This is different from most exchanges that prioritize desktop support. 5 Stars, 3.89 If Voyager beats the quote price, it takes a portion of those savings and passes some savings onto you.Unfortunately, Voyager doesnt state how much it takes. Both Voyager and Celsius have their native tokens, which can be seen as investments. I will note, pay attention to the buying spreads on Voyager and compare to other wallet types, such as Abra, that's what really turned my attention to voyager. Compounding Interest On Celsius your interest earn will also earn interest, thus compounding. According to its website, you can sign up and begin investing in three minutes or less. It will be compatible with both Android and iOS. You can still buy and hold but store your coins more securely in cold storage. The Invest Voyager App uses Plaid to connect to your bank accounts so you can securely transfer money. So that 0.002585 (~$21) becomes 0.002085 ($17) by the time it hits your wallet: effectively a 20% withdrawal fee. So it all boils down to personal choice. But Gemini offers more services. This is similar to companies like BlockFi and Celsius that let you deposit cryptocurrency to earn interest.Heres how Voyagers cryptocurrency rewards rates look for several popular cryptos and stablecoins: Rates are subject to change. Coinbase Pro has fees at 0.5% which is high, but makes up for it with the lower withdrawal fees. Wire transfers, on the other hand, come with no transaction fee but are not available everywhere. [12] Security and Trustworthiness Voyager https://voyager.onelink.me/WNly/referral?af_sub5=DAN8DE, Creating an order always defaults to market price while having the Limit Price on another page, For limit orders, they WONT show you the current ask/bid price, Voyager Exchange only trades against USD. What if I dont get my Voyager referral bonus? Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor. At this time, withdrawal limits on Voyager are as follows: $25,000 maximum total market value within a 24 hour period. Lets start with saying that both platforms excel at keeping fees low. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. CultOfMoney.com strives to keep its information accurate and up to date. 0% (Voyager earns money if it saves you money by executing your order at a better price), $0.99-$2.99 fee for USD web and mobile transactions between $10 and $200 (1.49% fee for transactions over $200); 0.50% convenience fee; 3.49% debit card transfers. Voyager was founded in 2017 and is based in New York City. Voyager is publicly traded, licensed, and regulated, which means the exchange is audited to ensure that every asset is accounted for in the exchanges secure system. The companys Twitter account is very active. . And they are large enough that they are difficult to find on their website, if they are still there. Coins (2557) Exchanges (34) Low fees, no sign up needed: swap with FixedFloat. The exchange is also very simple to use since it is a mobile-only exchange with an app available on both Google Play and the Apple App Store at the moment, but there are plans to add a desktop version in the future. Voyager doesn't charge a fee for using ACH transfer for cash. For customers who desire to trade and invest in stocks in addition to top cryptocurrencies and do not mind having a smaller selection from which to choose or only desire access to the top 20 cryptos on the market, Webull and Robinhood are brokers that offers US equities and a small selection of cryptocurrencies. Earn passive rewards by depositing cryptocurrency and staking, Earn interest by depositing crypto or staking VGX tokens, USD is the only way to purchase cryptocurrency, Learn more about the difference between PoS and PoW. Stay safe! If you sell, depending on the country and state you live in, you could pay up to 40% in taxes on your crypto if you do not hold it for more that a year.