Currency.com Review 2022

Is Currency.com Safe & Legit?

80/100
Rating
Go to Currency.com Crypto Exchange
Highlights
  • Narrow spreads
  • 2,000+ tokenized assets
  • Innovative crypto exchange app

If you are an avid crypto trader, then it’s time to rejoice. Our Currency.com review brings you a crypto exchange that has combined new-age digital assets with the opportunity to trade in traditional financial markets.

Currency.com focuses on offering trading in tokenized assets. With a range of crypto trading options, and the ability to avoid using fiat currency, this exchange has certainly managed to create an innovative and advanced online trading platform. Read on to find out more.

Company
CompanyCurrency Com Limited
HeadquarterSuite 23, Portland House, Glacis Road ,Gibraltar
Year of Founding-
CEO-
Web Sitecurrency.com
Available Languages-
Customer Support
Email-
Phone-
Licence31000177055071
MSB - Money Services Business (USA)
Verified by-
Payment Methods
Visa
Mastercard
Bitcoin
Ethereum
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Offers and new customer experience - An excellent referral program

Certain brokers and online exchanges will offer new customer bonuses or incentives. These offers can be claimed once you create a valid account using the platform. At the time of writing though, our Currency.com review has not found any such offer. What we can tell you is that there is much to be experienced as a new customer on this platform. The exchange offers a seamless crypto investing experience complete with a huge selection of tokenized assets and the ability to trade regulated instruments directly with your digital assets.

Our Currency.com has come across a fantastic referral program. Here, all you need to do is refer a friend and ensure that your friend completes all the requirements. This includes signing up, depositing, and making a trade within 30 days. In the event that your referral ticks all the right boxes, you and your referral will be eligible for a crypto bonus of up to $100.

Creating an account with the platform, much like what you will note in our Nadex review, is quick and straightforward. You can visit the official site and complete the registration process in a matter of minutes – if not seconds. Bear in mind that you will need to upload an identification document after the fact so as to verify your identity.

Usability – A highly-responsive interface

Our Currency.com review feels the platform might be slightly overwhelming for novice traders. This is particularly true for the trading interface which has a raft of trading data on offer. For the professional trader, this will be well received. Having said this, we also feel that novice traders will find their feet within a reasonable amount of time. This is down to the fact that there are informative resources on offer which make the entire learning process that much easier.

The platform, and mobile app, is well equipped to facilitate a high volume of trades across the board. You will have access to a huge selection of digital and tokenized assets. With access to such a wide range of crypto trading assets and regulated financial products, you’ll find little reason to create an account with multiple brokers.

Accounts – Gain access to a wealth of crypto assets

There are two different account types on offer. Our Currency.com review recommends that you sign up with an individual live account. It is completely free to create a trading account with Currenyc.com. If you are a business entity, then you can opt for the second account type which focuses on trading activities of corporations. Each of these accounts can be created without any real hassles. It must, however, be noted that corporate accounts will require comprehensive documentation of the entity in question. Inactivity fees are not applied to account holders that fail to access their accounts over a period of time. Thus, you needn’t only concern yourself with trading fees which we address in the next section.

If you are new to online trading, then we recommend you create an individual account and immediately switch to the demo account option. This will allow you to trade assets and utilize the platform without needing to fund your account. It enables you to gain the necessary knowledge of how the platform works before you start trading in real-world markets with the inherent risks that are associated with engaging in such activities.

Trading platforms – Our Currency.com review reports back

Currency.com offers customers a proprietary trading platform that can be accessed via the web or on a mobile device. The crypto platform is a regulated crypto exchange that is available via your web browser. You needn’t download any software in order to access the trading platform. The crypto platform for mobile comes in the form of a mobile trading app which you can easily download on your device.

Both of these platforms enable you to trade tokenized assets with deep liquidity and an ever-expanding selection of crypto and fiat currency options. Our Currency.com review has found that there are 75 different technical indicators and a host of drawing tools. Not to mention the fact that there is a range of customizable chart styles so that your account is personalized and configured to your liking.

Trading payments – Funding your exchange account

Instant deposits with zero percent fees means you’ll be up and running in no time. All that you need to do is decide on whether you’re looking to fund your account using fiat currency or crypto. If you decide on the former, then we recommend you use online card payments (Mastercard, Maestro, or Visa). You can deposit as little as $20 using one of five different currencies with unlimited maximum deposit amounts. If you decide to utilize bank transfers, please note that payments will take between 1 – 5 business days to clear. It’s also worth noting that residents in the USA cannot use this deposit method due to regulatory reasons.

Currency.com also accepts a wide range of crypto deposits. Take a look at the full list once you have a valid account. For instance, you can deposit a minimum of 0.0001 BTC. With an array of tokens on offer, we’re confident you will find a digital deposit option!

Withdrawals are possible using wire transfer, via your bank card, or to your personal cryptocurrency wallet. The minimum withdrawal amounts are capped at $10 for withdrawals to your bank and $50 for wire transfers. Crypto withdrawals will vary and are obviously dependent on which cryptocurrency you are using. Our Currency.com review advises you to double-check this before requesting a withdrawal online.

Visa
Mastercard
Bitcoin
Ethereum

Fees – Associated costs of using Currency.com

There are always certain fees that you need to be aware of when you utilize a trading platform. These fees range from relevant trading and exchange fees to funding fees and overnight fees for funding. Bear in mind that fees will vary quite substantially depending on the actual asset in question.

There is a trading (leverage fee) of 0.06% which applies to BTC/USD, BTC/EUR, ETH/USD, ETH/EUR. If you trade in any other cryptos, the fee jumps to 0.075%. Tokenized assets do not have a trading fee. Thus, you can trade tokenized cryptocurrencies as well as commodities, indices, ETFs, and shares without incurring an additional charge on trades.

Our Currency.com review has also noted that funding fees for continuous leveraged trades and overnight funding fees apply. The former depends on the asset while the latter has a specific formula applied to the relevant trade in question.

Customer service - Currency.com support is on top of all queries

Our Currency.com review, as is the case with our Robinhood review, would not be complete without assessing the support features of the platform. It is clear that Currency.com has taken the time to ensure that all customer complaints or issues are addressed as soon as possible. This is down to the highly-responsive 24/7 support team. You can get in touch with the team using one of several contact options.

Before you do this though, we recommend you take a look at the FAQ section. This section enables you to search for answers to most questions that apply to the Currency.com platform. You’ll be able to answer your own queries without hesitation. If this is not possible, then you can use the live chat feature. It is also possible to send a message to the support team using Viber, Telegram, and Facebook. Direct messages will be answered by a representative.

Regulation and deposit insurance – Is Currency.com safe?

Our Currency.com review has double-checked the legitimacy of the platform in various territories across the globe. The exchange is registered with the U.S. Department of Treasury Financial Crimes Enforcement Network and is subject to the Bank Secrecy Act. Our Currency.com review would be remiss not to mention that this crypto exchange is not a registered member of the Financial Industry Regulatory Authority.

MSB - Money Services Business (USA)

The exchange is fully-regulated in its home country but also meets regulatory requirements elsewhere. This includes being registered in Saint Vincent and the Grenadines and Gibraltar. It is fully compliant and implements KYC requirements while incorporating high-end crypto frameworks for business. The platform also ensures that anti-money laundering (AML) protocols are in place so as to avoid online Currency.com scams of all nature.

Take a look at how our ATC Brokers review compares to our latest Currency.com review. We feel that it is always good to have a wide perspective on how different trading platforms match up against one another.

Additional features - More features found in our Currency.com review

Currency.com impresses in a number of aspects. The platform, which offers fiat-to-crypto payments at the blink of an eye, has gained global traction over the last couple of years. In 2020, the exchange released a report claiming it had experienced a 374% growth in its overall client base. This has been followed by its recent expansion into the US.

The fact that you are able to trade crypto directly for tokenized assets has had a massive impact on the appeal of this platform. At the core of their services, in addition to offering trading in crypto, is the interchangeable nature of the platform in allowing trading in crypto and regulated financial instruments such as commodities and shares. With two-step authentication on offer, you’ll be able to secure your own account and always have comprehensive oversight.

The inclusion of educational resources and intuitive trading tools has only served to boost the latest Currency.com review and rating of the platform. There are a number of different resources and trading videos that you can make use of. This includes being able to access market news, analysis, and historical data. It will empower you as an individual trader and ensure that you are able to broaden your knowledge base.

Currency.com Crypto Exchange

Trade tokenized assets

Our Currency.com review must bring your attention to the ground-breaking services being offered by this exchange. Gone are the days of having to transfer crypto for fiat currency in order to trade traditional instruments. With Currency.com, you will be able to access, and trade in, traditional financial markets directly with your crypto assets.

You’ll have immediate access to these regulated markets through over 2,000 different tokenized assets. You’ll be able to trade tokenized indices, commodities, currencies, and shares with Currency.com. Plus, you can buy and sell cryptocurrencies outright. The blending of decentralized finance and traditional financial markets comes together in a well-put-together product offering right here at Currency.com.

Highly-competitive spreads and low commissions

As noted earlier in our Currency.com review, the respective fees being charged on this platform are very competitive. The exchange boasts spreads as tight as $0.05 while you can take advantage of 1:100 leverage. There are no hidden costs on the site, and with the low trading fees on Currency.com crypto assets, it’s no wonder this platform has managed to attain a favorable reputation amongst customers.

Intuitive mobile app

The Currency.com crypto app is a seamless platform whereby you have instant access to all of the trading options that come with the web platform. The native app continues to receive high praise for its flexibility and catalog of intuitive trading tools. If you are simply looking to track current price movements or execute trades, the Currency.com app streamlines your trading activities.

The award-winning app is available on iOS and Android and can be downloaded by the relevant app store. It will offer you instant access to a selection of regulated financial markets all the while allowing for fiat-free trading options. Our Currency.com review feels that this app is justifiably rated so highly!

80/100
Rating
Currency.com Highlights
  • Narrow spreads
  • 2,000+ tokenized assets
  • Innovative crypto exchange app
Go to Currency.com

Currency.com FAQs

🔎What is Currency.com?

At TradersBest.com, central to our reviews is understanding what each trading platform is. This includes the trading products it offers, the relevant fees, account options, and much more. Our reviews give you the necessary insights required to identify the online broker that suits your trading needs. Check out our latest Currency.com review to find out more.

✅Is Currency.com reliable?

There are certain online brokers that fail to provide a secure online environment for traders. You might even come across certain sites that have been embroiled in scams in the past. Thus, it is vital to do your due diligence before you sign up with a broker. Our latest reviews, such as the FOREX.com review and Currency.com review, here at TradersBest.com will be sure to point you in the right direction. It is, after all, our aim to ensure that you find a safe trading platform to use.

❓What are the latest Currency.com trading accounts?

Online brokers and exchanges tend to offer multiple account types. This will allow you to make use of an account that is aimed at your level of trading experience. If you are a professional trader, then you’ll want a more advanced account option as opposed to if you are a retail trader. Check out our Currency.com review to find out more.

📲Does Currency.com have a mobile app?

Accessing your trading account via a mobile app offers ease of access and the ability to trade at the drop of a hat. You will also be able to monitor market movements on the go and act when needed. Take a look at our latest Currency.com reviews to find out all you need to know!

👀What cryptocurrencies can I trade with Currency.com?

It’s wise you double-check the digital currencies on offer before you start using a crypto exchange. Certain exchanges will have more limited options than others. Fortunately, you needn’t have to scour the internet on your own. You can simply read our latest coverage, like the up-to-date Ally Invest review, here at TradersBest.com. Check out our Currency.com review to find out more.

Overall conclusion – Our Currency.com experience and rating

If you are looking to trade crypto, while being able to access standard instruments, then Currency.com is the platform to use. Our latest Currency.com review is delighted to announce that the exchange offers secure and reliable trading services with a high-end platform. With a range of trading resources, state-of-the-art online tools, and the inclusion of additional features such as a referral program, there is little that this platform does not offer. We feel that, in the event that you have an interest in traditional assets and what the future holds, then our Currency.com review recommends you give this platform a go.

80/100
Rating
Go to Currency.com Crypto Exchange
Highlights
  • Narrow spreads
  • 2,000+ tokenized assets
  • Innovative crypto exchange app

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