Voyager is a well-established cryptocurrency exchange App available on iOS and Android that offers commission-free trading and is considered one of the best cryptocurrency brokers. The platform aims to give investors an easy entry point into the world of crypto trading. It is especially popular among US users since a lot of major exchanges don’t allow US residents, which is not the case for Voyager.
This Voyager Digital crypto review aims to outline the main features of the platform, helping you decide if the platform is suitable for your cryptocurrency investments.
Ease of Use
As we have already mentioned, Voyager Digital is only available on mobile devices, making it ideal for investors who prefer to trade on mobile; if you are looking for a platform that supports desktop use, you may want to look elsewhere.
The Voyager app boasts a modern and intuitive user interface that hosts a range of professional analysis tools; it does so while still maintaining a clean interface, making it accessible for traders of all levels.
Smart Order Routing
The standout feature of the Voyager app is its smart order routing.
Smart order router means that Voyager communicates with over 10 different exchange platforms before executing your order; this ensures that you’re getting the best possible price on the crypto market.
Responsive Chart Views
The Voyager app supports both horizontal and vertical chart views. When holding your device in its usual position, you will see a basic chart. Rotating your device to landscape mode gives access to more advanced features, allowing for more in-depth analysis.
Voyager also allows you to earn interest on your cryptocurrency. Interest rates range from 1% to 10% APR depending on your crypto holdings on the platform or staking rewards.
Additionally, the crypto platform offers a debit card that earns up to 9% on deposits.
In order to qualify for Voyager interest, you need to hold a minimum monthly balance and minimum balances in your wallet; this varies between different digital assets and crypto assets. The crypto broker offers interest options for several different assets.
To use the Voyager platform, you must first complete the KYC process, providing proof of ID and address.
Compared to other platforms, the sign-up process on Voyager is straightforward, and most users will be able to fully open their account in as little as a few minutes.
Fees and Limits
The platform supports transfers of up to USD 5,000, and you will be able to trade with your digital assets immediately after they clear.
The platform is commission-free which means there are no trading fees, meaning you will pay only the quoted price for all trades across the platform. They are earning money via spread – the bid and ask price is not the same and the difference between them is the commission Voyager charges.
However, please note that there is a fee to withdraw crypto to an external wallet.
The platform supports trading for the following cryptocurrencies:
- Cardano (ADA)
- Algorand (ALGO)
- Cosmos (ATOM)
- Avalanche (AVAX)
- Band Protocol (BAND)
- Basic Attention Token (BAT)
- Bitcoin Cash (BCH)
- Bitcoin Satoshi’s Vision (BSV)
- Bitcoin (BTC)
- BitTorrent (BTT)
- Celo (CELO)
- Compound (COMP)
- Dai (DAI)
- Dash (DASH)
- DigiByte (DGB)
- Dogecoin (DOGE)
- Polkadot (DOT)
- Enjin (ENJ)
- Eos.io (EOS)
- Ethereum Classic (ETC)
- Ethereum (ETH)
- Filecoin (FIL)
- Golem (GNT)
- Hedera Hashgraph (HBAR)
- ICON (ICX)
- IOTA (IOT)
- Kyber Network (KNC)
- Chainlink (LINK)
- Litecoin (LTC)
- Decentraland (MANA)
- Maker (MKR)
- Neo (NEO)
- Ocean Protocol (OCEAN)
- OMG Network (OMG)
- Ontology (ONT)
- Orchid (OXT)
- Qtum (QTUM)
- Serum (SRM)
- StormX (STMX)
- TRON (TRX)
- TrueUSD (TUSD)
- UMA (UMA)
- Uniswap (UNI)
- USD Coin (USDC)
- Tether (USDT)
- VeChain (VET)
- Voyager Token (VGX)
- Stellar Lumens (XLM)
- Monero (XMR)
- Ripple (XRP)
- Tezos (XTZ)
- Verge (XVG)
- Yearn.finance (YFI)
- Zcash (ZEC)
- 0x (ZRX)
Users can fund their account with the following currencies:
Customer service is available through both email and in-app chat.
In addition to personal support, Voyager offers an FAQ section that tackles some of the most common issues users have with the platform.
Currently, the platform doesn’t support phone support.
Voyager maintains a high level of security for all of its clients; some of the security protocols are:
Cold storage solutions
Voyager takes advantage of what is known as cold storage; this means that the majority of customer funds are stored in offline wallets; this helps to protect customer funds in the event of a security breach within the system.
Two Factor Authentication
Is Voyager app safe? When you log into the Voyager Crypto app, you will have to enter a code sent to you by your choice of either text or email. This additional layer of security helps keep secure your personal information and assets in case your login information or mobile device is stolen.
Voyager also has an education section built into the app; this feature includes lessons that allow users to learn more about cryptocurrency and a news feed that updates with the latest news from the cryptocurrency world.
Some educational features include:
Node is the Voyager blog. The blog is updated regularly with articles written with beginners in mind. The blog aims to educate investors about existing and upcoming cryptocurrency projects, providing valuable insight into why they may or may not be a good investment.
Voyager’s app also includes a cryptocurrency news feed that updates in real time, providing up-to-date information on the market.
This feature is handy for anyone who likes to invest based on a positive news story about a cryptocurrency project.
Integrated profit and loss calculator
The platform includes an integrated profit and loss calculator that lets you effectively track your investments over time. This tool is extremely useful for anyone who is holding a wide range of assets. The calculator allows you to see how each of your investments is performing compared to the other.
Voyager Summary – Is Voyager Legit?
Whether you are a novice or a more experienced institutional investor, we highly recommend trying out Voyager. The mobile-only platform supports a wide range of cryptocurrencies and allows you to make commission-free investments in a few simple taps. The smart order functionality is the highlight of the platform as it ensures you are always paying the best possible price for your cryptocurrency orders.
The app also offers a great interest rate for simply holding your assets on the platform, a great incentive for anyone who is already holding cryptocurrency to try the Voyager platform. Smart order router is one of the best Voyager’s features.
The only negative aspect of the platform is its lack of desktop functionality. However, for now, Voyager is still a very competitive and intuitive cryptocurrency investing platform.
If you are not fond of Voyager, here is a list of potential crypto exchanges that can be good alternatives:
- Binance review
- Cex.io review
- Bitfinex review
- Coinbase Pro review
- Kraken review
- eToro review
- Gemini review
- BitPanda review
CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com