Review – Fees, Limits, Payment Methods


The word Blockchain has become deeply embedded in our language and culture. Most people have heard of blockchains even if they don’t understand what they do, but back in 2011 when was founded, things were very different. This was only 2 years after the initial release of Bitcoin, when it was only cypherpunks, coders, and other assorted oddballs that even cared. homepage website

Ben Reeves, a founding member of Coinbase, started as a blockchain explorer service and one of the crypto exchanges. His original vision was a tool for crypto fanatics to access block information and monitor their transactions. There were charts, statistics, and historic technical information about the Bitcoin space. This was pretty forward-thinking for 2011. One of the decent parts of is their customer service.

2014 was their breakout year, despite getting kicked off Apple’s App Store. Once reinstated, they secured private funding and have not looked back since. In 2019, added an exchange and has followed up by offering just about all the services common to the better-known crypto platforms. Features

Blockchain Explorer

Blockchain-com explorer page

Here, you can enter your transaction ID and monitor the progress of your crypto transfers. This works for BTC, ETH, and BCH, but all the crypto transactions I’ve tracked recently have been on the Binance Chain as the Ethereum and Bitcoin networks have become too expensive and slow.

There’s a section for exploring DeFi which currently has 28 projects listed. You also get basic coin information like total market cap, price movements, coins in circulation, etc.  It’s no better than Coimarketcap or CoinGecko for information, and it’s certainly not’s killer app. Check the full list of prices out here. The right-hand columns indicate which of them can be purchased or traded on


The is a type of crypto exchange that has all the standard functions but a very limited roster of trading pairs. They’re adding more soon, apparently, but you should ensure your intended cryptos are supported before you sign up. The exchange feels like a bit of an afterthought, as we shall discover.


Blockchain crypto wallet sign up page

There’s the obligatory digital wallet that’s easy to set up and does all the right things. You can buy crypto with fiat, make swaps, and transfer your tokens in and out.  More on the wallet, later.


You can stake your crypto in an Interest Account and earn up to 13.5% APY. This is a stunning rate of return compared to high-street banks, but it’s variable according to market conditions. The service is only available to Gold members, so you’ll have to upgrade by supplying further personal documentation.

There’s a $300 minimum for BTC, $100 for ETH, and a 1$ limit for BCH and XLM. You can also earn interest on USDT and USD Digital. Once you withdraw your crypto assets and digital assets from the scheme, you will be paid any interest earned directly into your Blockchain wallet.

We recommend Binance instead Wallet

Blockchain-com wallet features

The wallet is’s proprietary, non-custodial wallet. You control your private keys so you need to save and protect both your seed phrase and password. doesn’t have access to this information, so this ticks the most important security box.

It’s important to distinguish between the exchange wallet and the Blockchain wallet. The exchange wallet is custodial, so you have to trust to look after your assets. There are other differences, for example, you need to have crypto in your exchange wallet to trade it, but in your Blockchain wallet to swap it.

Which Cryptos Can I Store?

Ther is a very limited roster of tokens compared to other cryptocurrency wallets. Each of these tokens has its own private key wallet, but there was no wallet address for Algorand or Polkadot, which feature on the exchange.

  • Bitcoin                     BTC
  • Ether                       ETH
  • Bitcoin Cash            BCH
  • Stellar Lumens        XLM
  • USD-Digital             USDD
  • USDT                      USDT
  • Wrapped DGLD       WDGLD
  • AAVE                       AAVE
  • Yearn Finance         YFI


The wallet is free to download and use. For transfers in and out of your wallet, you pay the standard network fees and a transaction fee, so the amount will depend on the cryptocurrency you are transferring. This is the same for swaps, so it may be better to transfer your crypto to your exchange wallet and trade for your intended crypto there.

How Do I Add Currency to My Wallet?

There are 2 ways to add currency to your wallet. You can buy crypto straight from your wallet, or receive it from another crypto wallet. To transfer crypto to your Blockchain digital wallet, select ‘Request’ from the top of your wallet page. You can then select the crypto you would like to receive and copy the address.

Note that you can buy Algorand and Polkadot, but you cannot Request or Send them from within the wallet.

How Do I Make Payments With My Blockchain Wallet?

Again, this is very straightforward. Apart from Request, there are options for Send, Swap, and Buy/Sell Crypto. When you select Send, a window will appear where you can select the cryptocurrency you would like to send. You fill in the usual details and confirm the transaction with your private key.

The process is made simple, so as long as you have the correct receive address, there is little to go wrong. This is a common feature of Everything is reduced to a minimum of fuss.

How secure is Blockchain Wallet?

The risk of being hacked is much greater on the average user’s device than at the exchange. Proper internet hygiene is essential, as always. If your computer or phone is hacked, the villain will have access to your password and therefore your crypto. This is why I never store life-changing amounts of crypto in software or online wallets.

Holding your private keys means the responsibility for protecting your loot is yours alone. As long as you follow the advice about how to protect your seed phrase, the Blockchain wallet should be perfectly safe. Again, it’s your personal devices you need to worry about.

Blockchain Exchange

Blockchain-com exchange trade interface

I mentioned that the exchange looks like an afterthought. It’s as though the company decided they needed an exchange but went about the project a little half-heartedly. There simply isn’t enough to keep me occupied. The selection of coins is way too small and none of the pairs inspire me to trade.

One worrying thing I did notice was that the AAVE/USD pair had absolutely no action! I checked out AAVE/USDT, BCH/BTC, and ALGO/BTC to find the same. There was some movement on the BTC/FIAT pairs, but what’s the point of an exchange if there’s nobody to trade your crypto with?

The advertising claims that they have the best market depth in the business, but apparently with almost no volume on many of their pairs? The last trade on several pairs I checked was hours before. Alarm bells were ringing, but that aside, here are the main features of the exchange.

Supported  Coins

You can use

  • USD, EUR, GBP, and TRY (Turkish Lira)

To buy

  • Bitcoin, Ether, Bitcoin Cash, Stellar Lumens, and USD Digital (PAX).

Once you have your crypto, there are several other tokens to trade against on the exchange. Some notables include AAVE, Algorand, Polkadot, Enjin, and YearnFinance.

Many of’s trading pairs involve fiat currencies, which is unusual.


Maker fees start at 0.4% for Takers and 0.2% for Makers. Remember, the Takers are traders that click buy or sell at the market rate for an instant transaction. Makers are those that place a trade and wait for it to be taken. Either way, these are by no means the cheapest exchange fees I have seen.

The fees reduce once you start trading an epic volume of crypto. When you hit $50k per month your fees are halved.  If you are fortunate enough to be trading millions each month, then your fees should be by private arrangement. There is a facility for institutions and high-value customers to access management directly.

We recommend Binance instead


Your limits depend on your user status. Opening an account earns you an assumed bronze status. To deposit money you require silver status, achieved by submitting bank details with the associated name and address. You can earn gold status by uploading an official I.D. document (such as a passport) and uploading a selfie or video.

For both the exchange and swaps, Silver account holders have a limit of $1,000 per day. Gold users can swap up to $25,000 daily, with a maximum swap size of $5,000. ($2,000 in the U.S.)

For buying crypto, the daily limit is $25,000 and the weekly limit is capped at $100,000. There is a maximum order limit of $25,000.

Debit Card and Credit Card purchases are further limited depending on the currency of origin.

  • EUR: €800
  • GBP: £800
  • USD: $800
  • CAD: CA$950

Payment Methods

Bank transfers and credit card/debit card orders are available from most territories and are a type of a very popular payment method. Check here to confirm if you are resident in one of the 131 accepted countries. There are 36 US states and Dependencies included on the list, but around half of mainland US states are not covered yet. Of course, you can deposit crypto and use that as a payment method as well.

Is Safe?

Blockchain-com security

Yes, they have been around a long time and have a deep understanding of the technology. Reading the small print in the signup agreement, it states that nobody can hold them liable for anything. seriously – it writes, “You agree to indemnify and hold harmless from any claim, demand, action, damage, loss, cost or expense – arising out of or relating to any third-party claim.” LOL!

My view is that their technology is secure and the intentions of the owners are noble. They are based in Luxembourg yet subject to England and Wales law. Seems odd, but crypto-based business has always found it difficult to find a regulatory port in a stormy financial system. uses a cold storage for users’ funds. Cold storage is a top-level of security.

Once crypto is fully accepted by society, things will become less flaky. Either that, or it will all have gone DeFi and regulation will be enacted by smart contracts.


Blockchain-com about

Everything works well enough and it’s all intuitive to use. But as I mentioned, there is nothing to inspire me to start using They don’t do anything other platforms don’t do. Given the lack of coins they support, I can’t see anything to entice me away from cryptocurrency exchanges like Binance, Kucoin, or Coinbase, or wallets like Metamask and Binance Wallet.

Perhaps if you live in a jurisdiction not covered by other crypto platforms, might be useful. If not, then there’s really nothing amazing to see here.


We recommend Binance instead

Other cryptocurrency exchanges to check out:

6.9 Total Score

Ease of use
Supported assets
Customer support
  • Does everything it claims
  • Very easy to use
  • Comprehensive explanations for everything on the site
  • Easy to get started
  • Not enough tokens
  • No stand-out features/killer apps
intelligent crypto
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Torsten Hartmann
Torsten Hartmann

Torsten Hartmann has been an editor in the CaptainAltcoin team since August 2017. He holds a degree in politics and economics. He gained professional experience as a PR for a local political party before moving to journalism. Since 2017, he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society.

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