Trade Insider
by Martin Abbott on January 9, 2019

Voyager Review – what is it and is it really safe?

Voyager is a relatively new crypto exchange platform. Because of the ever-evolving world we live in in terms of technology, it always keeps us on the move, therefore we rely on developers and companies like Voyager crypto exchange platform to provide us with all the necessary applications that we may still use without having access to a computer.

is voyager crypto safe

Voyager’s platform is solely done on a mobile device. Although we tried to find a way to access it via desktop, only an app is currently available (Click to learn more). It is not a secret that a crypto trading application is nothing new at this point and most of the biggest crypto exchanges have already gone down that path, however, the way Voyager distinguishes itself is just focusing on the mobile device completely.

Even though this is not something that could indicate the superiority of the Voyager app compared to other crypto exchanges, it does, however, say that the app will receive more attention than any other. Now let’s discuss what you can use the app for and what you can trade in this Voyager App review. By the way, the full name of the company is Voyager Institutional.

Trading cryptos with Voyager

is the voyager app safeThe app is quite simplified. The minimalistic layout helps it out a lot by providing an amazing user experience, which is definitely considered to be the priority here. The founders of the platform have pointed out multiple times that their primary goal is to concentrate on user satisfaction and enhance the experience of the customers of their product. The company does seem to be US-based, which in some cases may indicate that they operate exclusively for US customers, however that may not be the case.

Judging by the Voyager crypto review offered by various professionals, some foreign customers were still able to access the Voyager app’s beta version and test it out without any sort of hindrance.

Yes, the app is currently in open beta and features about 17 cryptocurrencies on the platform. The CEO has mentioned that in the future they will be looking to increase that amount to about 58, which is even more than Coinbase or any other competitor platform is offering at the moment. Moreover, the app is planning to operate commission-free, which is quite rare for crypto exchange platforms and there are only two platforms on the top list that offer commission-free exchanges – Blockfi 8 8 and Robinhood. Unfortunately, we weren’t able to find the exact information about the final version’s release date on their website.

Is Voyager safe?

No matter how much a company may seem legit to you, it is always important to know that there are sufficient safety precautions made for them. Voyager has no problems disclosing the information about the type of security they use for their assets. At this moment in time, cryptos are still susceptible to multiple hack attacks. Voyager offers its institutional customers a custom security suite, which can be adjusted according to the company’s needs.

Conclusion

In the conclusion of the Voyager Institutional review, it’s safe to say that the company is on the right track. Although, we think that the transparency needs to increase at least a little bit. Finding information on their website can be quite a hassle unless you contact them directly or go through a voyager exchange review offered by experts in the field. A bit more space devoted to all of the mentioned intricacies would be a nice touch. All in all, the overall experience and feel of the platform were quite positive. If you are interested in seeing the platform yourself, click here to open an account and visit their website as well.

FAQ on Voyager

Is Voyager better than Coinbase?

Since Voyager Institutional Services LLC is a relatively new platform that only recently emerged on the global market, it would not be wise to compare it to a well-established and experienced company like Coinbase. Coinbase has been on market since 2012 and is since then one of the leading platforms for storing and exchanging cryptocurrencies. Therefore, Coinbase has a much broader portfolio of cryptos and offers its service to millions of people worldwide. The question of whether voyager legit or fake has kept some users from opening an account with the Voyager Institutional, however, within the past few months, the company has managed to deal with the issue of credibility and its customer base is growing on a daily basis. If you would like to give a chance to a newly established crypto platform, which dedicates itself to the best possible user experience, then you could give your preference to Voyager, rather than Coinbase.

How does Voyager make money?

One of the best things about Voyager Institutional is that it is a publically traded company, meaning that any person is able to track the revenues and or expenses of the company at any given moment. The crypto platform has a Smart Order Router which works non-stop to identify inefficiencies on the cryptocurrencies’ market and due to that fact, Voyager is able to operate commission-free and allows users to get better prices on their trades. The primary way that earns the company money is to charge a fraction of the user’s savings. Meaning that the Voyager only makes money when you save your money with them. If someone still wonders is voyager crypto safe or not, all the information regarding the company’s operations is available on www.investvoyager.com

Is Voyager free to use?

Opening an account with the Voyager Institutional is completely free. There is no need for any payments or deposits in order to activate your account. You can fund your account whenever you feel ready to start trading. In order to register with the platform, you should download the Voyager App and continue with the sign-up. The registration form will only ask you to verify your identity, complete the Know Your Customer section and comply with Anti-Money Laundering regulations. Afterward, the app may require supporting documents in order to verify your identity (such as Identity Document or Driver’s License). If you are doubting is Voyager safe to use or not, fortunately, the company is publicly traded, meaning that every document, data, or information of any kind is accessible online. You can find any documents you might be interested in on sedar.com by searching for Voyager Institutional Services LLC.

By Martin Abbott

Martin has been a Trader for 5 years now. He has experience in trading Forex, stocks, and cryptocurrencies. His insight on news and brokers has been refining for the past 3 years. His close connection to the markets enables him to write amazing copy for all of his readers.

More content by Martin Abbott

Comments (0 comment(s))

Copyright 2024 InsideTrade.co