What is Bitpay.com? Is there a better alternative in the market? In today’s review, I will be helping you unravel what Bitpay has to offer, in a bid to see whether it is one to bank on or one to simply stay away from. Below are some of the major highlights that will guide our discussion throughout the review: 

• What is BitPay.com?
• Getting Started with BitPay
• What the CoPay wallet offers
• The BitPay Wallet- Does it have anything unique to it?
• What is offered by the BitPay Visa Card?
• The Fees on BitPay
• Is BitPay Legit or is it A Scam?
• Pros and Cons 

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Name of the platform: Bitpay.com

 Official Website URL: https://bitpay.com/

 Overall Rating: (3.5 / 5)

 Recommended: Not recommended

P.S.

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What is Bitpay.com? 

BitPay.com is a  crypto payment platform that’s all the Light of Day back in 2011. It is the brainchild of Tony Gallippi.  Bitpay is based in Atlanta Georgia but has managed to spread its roots to the rest of the world gradually. With this platform vendors and merchants have easy access through a mobile checkout process through which their clients can pay for the products and services that they purchase.  as a  Merchant or vendor who wants to accept crypto payments,  this could be a suitable payment processor for you.

About three years after being launched, BitPay had gained popularity to the extent that it was handling more than 1 million US Dollars on a daily basis.  Some reports actually indicate that this platform is the largest crypto payment processor which deals with Bitcoin.  This company has taken steps towards building meaningful partnerships to increase its client base.  Some of the companies it has partnered with include:  WordPress PayPal Microsoft, and NewEgg. 

Getting Started with BitPay

Accessing this platform is quite easy and convenient.  its owners have made it in such a way that all you have to do is to create an account log in and then you can begin accessing the features offered.  As a merchant or vendor, you will find this particularly useful when you need to accept bitcoin payments conveniently.

Upon creating your business account, Bitpay will Grant you the ability to even accept the bank deposits that customers make in your local currency.  All you need to do is to fill out the registration form in the rain official website by submitting both your personal and business details.  Upon doing this the account will proceed to the verification stage after which you can own the Bitpay Visa Card along with a wallet.  The card will be very beneficial to you at the time you need to make payments or accept money from your clients. 

What the CoPay wallet offers

Bitpay has a free wallet known as CoPay,  which anyone who wants to use bitcoin and bitcoin cash can rely on.  The wallet is used to store digital currency in a safe and secure manner. This wallet happens to be open source as well as hierarchical deterministic (HD).  HD wallets are well-known for topnotch security,  in the way they generate keys that are essentially hard to guess.  This makes it harder for even the very complicated hacking systems to get their way to CoPay’s users’  money. 

This wallet is multi-signature and can be accessed across various devices by multiple users.  as a business owner, you can access your wallet on Android Linux Windows iOS and Mac OS.  unfortunately is a standalone app,  that barely processes any of BitPay’s unique functionalities. 

The BitPay Wallet- Does it have anything unique to it?

BitPay launched this wallet in 2016. It actually rests on top of the already popular CoPay wallet without taking after its functionalities.  If you have used CoPay,  then you will have an easy time navigating through the BitPay wallet.  BitPay Wallet, however,  comes up as the better option of the two in that it allows for integration with the BitPay payment platform as a whole.

The BitPay Wallet enables you to convert currencies or to pay for products and services using Bitcoin.  Some of the features that are absent in the CoPay wallet are present here,  thus it has better functionality.  you can for instance buy Bitcoin via Gildera,  thus eliminating the need to store your Bitcoin in any other exchange wallet. With your BitPay Wallet,  it is easy for you to manage the funds in your  BitPay Visa Card.  it is possible to load your visa card directly from the wallet’s menu. The good thing is that if you are using bitcoin then you will not get charged for such a transaction.

What is offered by the BitPay Visa Card? 

BitPay Visa was released in 2016, just like BitPay Wallet. At the time it was being released,  it had the backing of the well-known company known as  Wave Crest.  Unfortunately due to conflict with Visa, Wave Crest had to pave way for Metropolitan Commercial Bank. 

The BitPay Visa Card,  one can complete transactions at a POS register,  make Bitcoin withdrawals from ATMs and receive corresponding cash equivalents.  remember you have to use the BitPay wallet to load your BitPay Visa card before you can go out there to execute any form of transaction.

The Fees on BitPay

BitPay’s Objective is to lower the transaction fees to a level that outdoes the competition.  Fortunately enough,  the transactions are based on cryptocurrencies that it is possible to have low fees without the company running into losses.  only the high-risk businesses are charged a fee of 1% to facilitate transactions.  when you pay this fee you can expect to receive the following services: 

•  Support through email
•  Billing features
•  Basic e-commerce tools
•  Access for multiple users

 There are usually no charges for terminating your account. 

If  you decide to use the BitPay Visa Card,  you will incur the following charges:

•  withdrawing at ATMs-  $2
• ACH debits – $5 per transaction

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Is BitPay Legit or is it A Scam?

So far,  I do not think that BitPay is a scam.  It has been around since 2011 and has been serving quite a large number of people. The platform boasts of low-fee and fast transactions,  which is good news to merchants and vendors.  Most people who are tired of getting charged very high transaction fees have actually taken a step to create BitPay.com accounts. 

 I took a look at the nature of the service offered by the support staff, however,  and you noticed that there are quite a number of unresolved issues.  Just by looking at the complaints lodged by customers on Trustpilot,  you can tell that customer service is really wanting.  at times it does not matter if the service listings are impressive-  customer service is everything.  I will therefore not highly recommend this platform,  so you can go ahead and give it a try and see if it actually works for you.  Make sure that you read all the terms and conditions,  just to be on the safe side.

P.S.

==> See my #1 Recommended Alternative to BitPay instead on this page <==

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Pros and Cons 

It might be wise to compare the positives against the negatives to get a better overall view of something, right? As always in our reviews we highlight some clear points on both sides of the spectrum:

Pros

• Offers low fees for transactions 
• Has the BitPay Wallet and CoPay Wallet. 
• It is a great option for merchants and vendors
• It is safe and secure

Cons

• Poor customer service

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Final words and verdict:

Verdict: Legit

Overall rating :  (3.5 / 5)

BitPay’s services in the crypto industry are definitely needed. There needs to be a platform such as BitPay that is helping merchants and vendors get paid with BTC easily. As much as BitPay processed payments in excess of $2.8 Billion, there seems to be some outstanding issue with the customer service staff not attending to clients’ problems. If you trust that your concerns may get attended to, then you can give it a try. If you don’t want to risk running into problems and getting no help, then you can use my recommended alternative:

 

My #1 Recommended Alternative to BitPay (Get your free Crypto ATM Card + $50 Worth of FREE cryptos)

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That’s pretty much all you need to know about BitPay. Have you used this platform in the past and would like to share your thoughts? Feel free to do so in the comments section. Meanwhile, you can also have a look at my number one recommended alternative to BitPay just to see if it is one that you can rely on in the future.

Your Friend,

Eric, investor, and team member on Gold Retired!

What is Robinhood.com? How does it compare to its competitors in the market? What are the outstanding features of this platform? These are the main questions that we shall be answering in today’s review. The following subtopics will form the fodder for our discussion are:

• What is Robinhood.com?
• The Features of Robinhood.com
• How does Robinhood Work?
• What is Robinhood Gold?
• The Fees charged on this platform
• Is Robinhood.com a Scam?
• Pros and Cons

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Name of the platform: Robinhood

Official Website URL: https://robinhood.com/us/en/

Overall Rating: (2.9 / 5)

Recommended: Not recommended

P.S.

==> Invest in cryptos like an expert. Get legit and timely information on which cryptos to invest in, and when to trade <==

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What is Robinhood.com?

Robinhood.com exists as a free-trading app that allows investors to earn an income as they trade in stocks, options, cryptos, and other assets, without incurring any fees. Robinhood has for a long time been the only free brokerage platform but has been getting competition from other upcoming platforms, and other big names doing away with the trading commissions and fees towards the end of 2019.

That said this platform still remains the top preference for most investors who are out to create a diversified portfolio of assets. The fact that it offers the chance for people to trade in cryptos is perhaps is one of the main reasons why it is more relevant in the present-day world. Robinhood.com presents both a website platform and a mobile platform just to ensure that you have the flexibility to make your money while settled and while on the go.

Robinhood also offers cash management with which you can earn interest on the cash you have held in your account, as well as pay bills using its unique Mastercard debit card. There are more than 75000 ATMs available to Robinhood’s customers, for them to withdraw cash at absolutely no fee.

The Features of Robinhood.com

Some of the main features offered by Robinhood include:

• Scheduled deposits- Robinhood lets you schedule automatic transfers on a periodic basis, depending on your moneymaking objectives. You can set the transfers to happen on a weekly, biweekly, monthly, and quarterly basis.
• Advanced order support – This platform offers several advanced order types including market orders, limit orders, as well as stop orders.
• Robinhood Instant – This feature gives you access to deposits (less than $1000), as well as immediate access to your money right upon selling your stocks. Most other platforms will have you wait for up to 3 business days.
• Day-trade tracking- You can track up to 3-day trades using this platform.
• Robinhood Gold- with this feature you can access after-hours trading, and large amounts of the instant deposits.
• Cryptocurrency trading- you can use this platform to invest in BTC, ETH, BCH, LTC, ETC, and to track many other currencies.

Robinhood has its fee-free stock trades that are aimed at enabling millennial investors to use their smartphones to earn an income. They can do this using their Android and iPhone Robinhood apps.

How does Robinhood Work?

There are many facets of this platform, but for this review, we shall be looking at how the Cryptos section works. Robinhood’s crypto trading service allows traders to buy and sell the following major cryptos: BTC, BCH, ETH, ETC, LTC, and DOGE.

Customers’ access to Robinhood Crypto is being granted on a gradual basis in the USA states, with more than 50% of the USA population being in a position to access the cryptos menu. For those who cannot purchase and sell cryptos yet, Robinhood has made it possible for them to view the prices and related data for 16 very popular cryptos.

You can trade in cryptos on this platform at no fee, which is actually something that most other platforms of this kind do not offer. Even the very popular digital wallets like Coinbase will charge you fees for the trades that you execute.

What is Robinhood Gold?

Robinhood gold presents investors with an opportunity to do margin trading. This is an opt-in service for which you have to bear a flat fee of $5 per month.

Expert traders can take advantage of this service to increase the chances of earning more money as they trade, since they have a better understanding of how the market works. For the new investors, however, margin trading can be quite risky and can lead to huge losses if things do not go according to plan.

The Fees charged on this platform

All the stocks, options and ETFs on Robinhood do not have any commissions or fees. There are, however, some other fees that you should be well-aware of, such as the fees you opt-in to the Robinhood Gold Service. You should also be ready to pay an interest of 5% for any margin that is higher than $1000.

Robinhood also charges a fee of $22.10 for every $1000,000 of principle on the sells. This is usually rounded to the nearest penny. These fees are usually charged to cater to the costs incurred by various regulators, including SEC. Moreover, this platform usually transfers a trading activity fee that amounts to $0.000119 per share for the equity sells, and $0.002 per share for the option sells. This fee never goes above $5.95 and is usually rounded off to the nearest penny.

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Is Robinhood.com a Scam?

No. This platform is genuine, and one that many people have been relying on to trade for a long time. It has for a long time been used to trade non-crypto assets at no fee. The inclusion of cryptos has only helped sweeten the deal for those who would like to have a diversified portfolio. The fact that it does not charge any fees on the crypto trades makes it an alternative for other digital wallets in the market. Unfortunately, when I looked at the customer reviews, there are a number of complaints about the quality of the services offered. With a rating of (2/5) stars on Trustpilot, one can have a hard time trusting Robinhood.com to deliver the high-quality services that they promise.

The platform has helped other people achieve their money-making objectives, but it still has some significant complaints, such as the customer service staff not responding to the emails sent by customers. Such issues are often overlooked, but can end up costing those who overlook them dearly.

==> Where do you get your investment tips and information? Here’s my recommended source of legit crypto investment tips.<==

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Pros and cons

Pros

• Free trades
• Offers/ supports crypto trades
• No minimum deposits
• No minimum balance required

Cons

• The platform’s trading functionality is limited.
• Does not support mutual funds and bonds.

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Final words and verdict:

Verdict: Legit

Overall rating :  (2.9 / 5)

Robinhood.com is a genuine platform that is mainly out to make investing easy for everyone by ensuring that they incur zero costs. The platform has due to this managed to attract a large number of users. There are, however, some outstanding customer complaints that paint the picture that Robinhood.com’s customer service is not quite impressive. I, therefore, wouldn’t recommend this platform as much, but if you believe it has what you are looking for you can give it a try.

That said, you can begin investing using a new approach- Getting the right information and tips to enable you to trade in cryptos with better precision

 

Have a look at The Crypto Vigilante Today ( Tips From a Bonafide Investor who has a broader outlook on the crypto industry)

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You’ve made it to the end of my review about what Robinhood.com is. My hope is that you picked enough facts to help you decide whether you will be using Robinhood.com or not. You can also have a look at what The Crypto Vigilante is, just to know how to make your next huge move in as far as investing in cryptos is concerned.

Your Friend,

Eric, investor, and team member on Gold Retired!

What is bitwala.com? How effective is it? Is there a recommended alternative in the market? There are the questions that we shall be addressing in today’s review, just to establish whether Bitwala is Trustworthy. Here are the subtopics that will help us achieve these objectives:

• What is bitwala.com?
• What are the services that are offered by Bitwala?
• What are the currencies and payment methods allowed on this platform?
• What are the fees and limits to expect?
• Which countries are supported by Bitwala?
• How is the customer service offered on this platform?
• Is Bitwala Genuine or is it a Scam?
• Pros and Cons

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Name of the platform: Bitwala

Official Website URL: https://www.bitwala.com/

Overall Rating: (4 / 5)

Recommended: Yes (Only for those living in the EU)

==>Here is my number one recommended alternative (for those living both inside and outside EU)<==

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What is Bitwala.com?

 

Bitwala exists as a German cryptocurrency platform that brings together the traditional financial systems and the block-chain based systems. This Berlin-based platform presents its users with the services that can separately be obtained from regular bank accounts., BTC and ETH Wallets,  as well as a seamless trading platform.

Bitwala’s customers can purchase and sell BTC and ETH using fast cash options that are linked to their bank accounts, that are hosted by a renowned German partner bank. Some of the major firms that have invested in Bitwala include:

• Earlybird
• Sony Financial Ventures
• Coparion
• Global Brain
• High Tech Grunderfonds
• ALSTIN Capital
• Digital Currency Group

What are the services that are offered by Bitwala?

As already highlighted, Bitwala’s objective is to bridge the traditional financial system with modern blockchain-based systems. Here are the main services that the platform offers in a bid to achieve:

• Bank Account- Bitwala offers German bank accounts that present you with all the functionality that you would expect from a regular fintech bank. You can rely on this account to send and to receive money on a daily basis. Paying for services and products is quite easy with a Bitwala bank account. This account is similar to an on online Euro Bank Account ( it also has SEPA functionality)
• Bitcoin Wallet– you can access a Bitwala Bitcoin wallet that has the capability to be linked with a bank account for efficient money transfers. The wallet features the most common cryptocurrency wallet features, including sending, receiving, storing, and trading Bitcoin. It supports exchanges such as fiat to crypto exchanges, as vice versa.
• Debit Card – With the German Bank account that you create with Bitwala, you can get a MasterCard-backed debit card. To spend the BTC funds that you have in your account, you should trade the BTC for Euros through the Bitwala site or through the app. MasterCard offers all the security and worldwide use support, in a manner similar to what you’d expect from any international debit card.

What are the currencies and payment methods allowed on this platform?

Bitwala allows its customers to use three currencies, which are Bitcoin, Ethereum, and Euros. The Euros are usually stored in the German bank account that lets you deposit, withdraw, and spend your money at will.

Your BTC and ETH are, on the other hand, usually stored in a dedicated wallet that has both public and private keys. Depositing BTC or ETH to this wallet is as easy as what you may have already encountered with other crypto wallets.

What are the fees and limits to expect?

Fortunately enough, Bitwala happens to be quite transparent with the fees that are charged for the use of their platform. These fees are quite reasonable, in comparison to the other fees being charged in the market. With the banking service, there are barely any fees charged for the opening of the accounts, accessing a card, and transactions.

The card transactions,  as well as cash withdrawal fees, are usually free when one uses euros. If you, however, try to use other foreign currencies, you will incur varying transaction fees as well as exchange fees. These fees are set by MasterCard.

If you decide to do trading on this platform, Bitwala will charge you 1% of the trading amount. Whereas this is not the lowest transaction rate that you will find in the market, it is quite reasonable moreso given the fact that you are offered the connectivity to a banking system and that you can trade easily.

There are also some network fees that incur in every transaction, but Bitwala does not have any control over this.

Which countries are supported by Bitwala?

It is safe to say that the Bitwala service is a European-oriented service, with the fiat banking and transactions being processed in Euros. The bank account customers are offered by Bitwala are German, hence it naturally works most efficiently in Germany.

The SEPA transfers as well as Euro transactions are usually seamless across Europe, hence the service is efficient within this region. Also, Bitwala only offers debit cards to its customers who are currently living in the European Economic Area (EEA), as well as Switzerland.

How is the customer service offered on this platform?

Bitwala has a comprehensive customer support section where you can read about many common issues that have been solved in the past. The information presented is quite detailed and helpful, thus you can solve most of the issues without even needing the help of customer support staff. If you have any technical questions, the customer service team will be there to help you when you reach out to them via email. Your queries will be attended to within a reasonable timeframe.

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Is Bitwala Genuine or is it a Scam?

In my own opinion, Bitwala is a genuine platform. It is in the market offering Bitcoin banking solutions that work well for its customers, particularly the ones based in Europe. The products and services that Bitwala is offering have gone a long way to merge the world of fiat and cryptos, which is something that facilitates the mass adoption of cryptos.

The customer support staff seem quite active in their delivery of support services, and the provision of helpful insights to their customers. The products offered by Bitwala also have very great recommendations, with more than half of the reviews on a platform such as Trustpilot (opens in new window) rating them as excellent.

The customers perceive Bitwala as a platform that is both uncomplicated and safe. The transactions seem seamless right from the moment one signs up for use of the platform.

==>Use this alternative if you are looking for more crypto options, and if you are living outside the EU<==

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Pros and cons

We always recommend looking at both the positive sides as well as the negative ones to get a better overall view of a product or platform. As always in our reviews we point out some obvious ones on both sides of the spectrum:

Pros

• It offers very smooth integration with traditional banks.
• It offers valuable customer support
• Reasonable fees are charged for the use of their products

Cons

• It only supports BTC and ETH
• Meant for EU residents mainly

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Final words and verdict:

Verdict: Legit

Overall rating :  (4 / 5)

Bitwala is a decent and genuine platform that I think those living in the EU, and who do not care much about the number of cryptos they send, receive, or exchange (apart from BTC and ETH).  The customer service is excellent, but you can also rely on the comprehensive user guide to solve any issues that you run into.

Get More Banking Options With This Alternative to Bitwala (Get your free Crypto ATM Card + $50 Worth of FREE cryptos)

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That is all for my review today about what Bitwala.com is all about. I hope it was valuable to you and that will take the next step to use it (or its recommended alternative) today. If you’ve been using Bitwala, then you can share your experience so far.

Your Friend,

Eric, investor, and team member on Gold Retired!

What is Paymium? Is it one that you should look forward to using or one that you should totally avoid? In this review, we shall look at such details about Paymium, in a bid to establish its relevance and value in today’s world. If you’d like to know more about it, then stick through till the end of the review. Here are the subtopics that we shall go through:

• What is Paymium?
• Which currencies are supported?
• What are the Deposit and Withdrawal Options that are allowed on Paymium?
• The Fees and Charges
• What are the privacy and security measures that Paymium has put in place?
• Which countries are supported?
• How is customer support offered on Paymium?
• Is Paymium Genuine or is it a Scam?
• Pros and Cons
• Final words + better alternative?

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Name of the platform: Paymium

Official Website URL: https://www.paymium.com/

Overall Rating: (4 / 5)

Recommended: Yes ( For those who are interested in doing BTC/EUR trades and exchanges only)

==> You have more trading and exchange options with my #1 recommended alternative <==

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What is Paymium?

Paymium is typically a Bitcoin bank, that allows people to trade, purchase, and sell BTC while offering such people an opportunity to make use of their secure wallets to store their tokens. Paymium was launched in 2011, as a trading and exchange platform. The exchange platform was at that time being controlled by Mt. Gox. When Mt. Gox collapsed, a decentralized business model was adopted, and this allowed Paymium to tap into a larger client-base.

Paymium is headquartered in Paris, thus its primary market is Europe. As of now, the platform is offering services to tens of thousands of people who live in Europe. The company currently focuses on the provision of the following services to its customers:

• BTC exchange services.
• Merchant solutions for companies and businesses that allow Bitcoin-based e-commerce payments.
• BTC trading.

You can also access these services via the Paymium app, which I think you will find a bit more convenient if you are on the go.

The cryptocurrencies traded on Paymium

Paymium serves the European market mainly, and the only crypto that it allows its users to trade is Bitcoin. Traders can only pair Bitcoin with the Euro. If you are out to do your fiat to crypto or crypto to fiat exchanges, then the most you can do on Paymium is a BTC/EURO or EURO/BTC exchange.

Paymium also allows its users to utilize the BTC/EUR pair as a CFD to earn an income through the advanced trading web interface.

What are the Deposit and Withdrawal Options that are allowed on Paymium?

Paymium allows a couple of options for the deposit and withdrawal transactions. Each option comes with its unique limits and fees. As of now, here are the channels that you can use for your withdrawals and deposits:

• Credit and debit cards- MasterCard/VISA.
• SEPA/ European Wire Transfer.
• Crypto payments.

The Fees and Charges

The two major categories of the fees that Paymium users are charged are:

• Deposit & Withdrawal fees
• Exchange & Trading fees

The bank card fees charged for deposits and withdrawals are fixed at 8% of any amount that you transact. If you rely on the SEPA wire transfers to make a deposit, you will not incur any charges, but you will be charged 0.99 Euros for the outgoing transfers.

All the Bitcoin deposits and withdrawals are free. The network confirmation fees are actually catered for by Paymium to ensure that the transactions are absolutely free. This means that Bitcoin is the only deposit/ withdrawal option on Paymium that does not attract any charges whatsoever.

For the trades, Paymium charges a standard fee of 0.59% on the order amounts. This fee is usually applied to the executed orders.

What are the privacy and security measures that Paymium has put in place?

The nature of services provided by Paymium demand that security and privacy measures be taken very seriously. Paymium has to implement topnotch cybersecurity measures that are aimed at seeing to it that hackers do not get a chance to access its clients’ details and money. Some of the key measures that have been put in place already include:

• Two-Factor Authentication (2FA)- You can do this using Yubikey & Google Authenticator.
• SSL certificate with encryption – this protects sensitive user data from falling into the wrong hands.
• Both Hold and Cold storage wallets for BTC.
• Strict AML and KYC
• Password support- complex passwords

Which countries are supported?

The services that Paymium offers are Euro-denominated and are therefore accessible to all people in the European nations. Several other nations are accepted, including:

Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, French Guiana, French Polynesia, Germany, Greece, Guadeloupe, Hong Kong, Hungary, Iceland, India, Ireland, Italy, Japan, Korea (South), Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Martinique, Mayotte, Mexico, Netherlands, New Caledonia, Norway, Poland, Portugal, Réunion, Romania, Saint Barthélemy, Saint Martin, Saint Pierre and Miquelon, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, United Kingdom, Wallis, and Futuna.

There are several nations that are currently not allowed on Paymium due to regulatory measures/financial blacklisting. These include:

• Afghanistan
• The Democratic Republic of Congo
• Cuba
• Eritrea
• Ethiopia
• Iran
• Iraq
• Kenya
• North Korea
• Lebanon
• Libya
• Nigeria
• Sudan
• Syria

How is customer support offered on Paymium?

Paymium offers its support in French and English to all its users during the business hours, through the channels listed below:

• Online support ticket
• General inquiries and support- contact@paymium.com
• Log in support- support@paymium.com
• Social media- Twitter & Facebook

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Is Paymium Genuine or is it a Scam?

This platform is genuine, and one that is offering legit services in the market. The customer reviews actually reveal that it doing a great job at delivering the promised services. On Trustpilot (opens in new window), for instance, this platform has a rating of (4.2/5) stars, which is quite impressive.

If you are out to execute BTC/EURO trades and exchanges only, then I think this is a platform that you can rely on. I think the creators of this platform have put in the work to ensure that they happen smoothly.

If you however want an exchange that gives you variety, then I think you will like my number one recommended platform, below. This platform actually gives you a free crypto ATM, thus making banking with cryptos a reality.

This platform will give you access to many more deposit and withdrawal options, without compromising on security and quality of services.

==>My Number One Recommended Alternative to Paymium <==

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Pros and Cons

It it is always a good thing to compare the positives against the negatives to get a better overall view of something, right? As always in our reviews we provide you with some clear points on both sides of the spectrum:

Pros

• Low transaction fees
• No fees for Bitcoin transactions
• Topnotch security standards

Cons

• Limited trading pairs
• Customer support only offered in two languages

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Final words and verdict:

Verdict: Legit

Overall rating :  (4 / 5)

Paymium is a reliable platform for those who are trying to make an income doing BTC/EUR  trades, as well as those who simply want to exchange their BTC for EUR and vice versa. If these are the only options that you want to work with, then you can have a look at Paymium. If you would like to expand your options and have the space to earn even more with a wide variety of cryptos, then you should have a look at what my number one recommended alternative has to offer.

You Get More Banking Options With This Alternative to Paymium (Get your free Crypto ATM Card + $50 Worth of FREE cryptos)

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That’s all for my review of what Paymium is all about. I hope it helped you get the information that you needed to go forward with your decision about whether to rely on it or not. All in all, I think Paymium is quite decent, and one that you can rely on. If you, however, want to go all out on cryptos, check out my recommended alternative.

Your Friend,

Eric, investor, and team member on Gold Retired!

What is Okex.com? Is it a good alternative in its niche? Are there any unique benefits that you can derive from using it? These a couple of questions that I’ve been asking myself about Okex.com. I did some background research, and I’d like to share with you what I discovered. Most of what I discovered will be presented under the following subtopics:

• What is Okex.com?
• How is the exchange platform?
• Which exchange markets does it deal with?
• What fees can you expect to be charged?
• Is Okex.com genuine?
• Pros and cons

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Name of the platform: Okex.com

Official Website URL: https://www.okex.com/

Overall rating: (3.8 / 5)

Recommended: Yes (But it’s not one that traders have a strong opinion about)

===> Tired of following poor crypto investment advice? You might wantto look at this instead!<==

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What is Okex.com?

Okex.com is a Belize-based crypto and digital asset exchange platform that was founded back in 2014. This platform essentially offers financial services to traders on a global scope via blockchain. This platform offers several hundreds of tokens and futures pairs in a bid to help the traders to maximize the potential of their earning strategies.

The owners of this platform claim that Okex.com is amongst the top digital asset exchanges on the basis of trading volume, in the way it has the capacity to serve millions of users in more than 100 nations. Its BTC futures trade volumes usually go to as high as $1.5B daily.

OKEx believes that using blockchain technology is essential for the:

• Elimination of the barriers to transactions
• Increasing the overall efficiency of the transactions that are done in today’s world
• Transformation of the global economy.

The above beliefs led to OKEx taking a step to create a blockchain-based platform, and many people who agree with them have switched to using this platform.

Some of the notable investors who are behind the existence of this platform are:

• Ceyun Ventures
• Longling Capital
• Giant Network Group
• Tim Draper – American Venture Capitalist/ cryptos proponent. He is also known for being an early-stage investor in firms such as Hotmail, Tesla, as well as Baidu.

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The exchange platform

OKEx exchange platform is presented in the form of a browser as well as desktop client software that you are required to download. OKEx’s software is very professional in nature, and it, therefore, places more hardware demands on its users than the average cryptos exchanges do.

If you have used a downloadable trading software, then you understand they are relatively heavy. They are developed to cater to the risk of your browser experiencing processing difficulties and freezing right at the time when you need it the most. This means that you should be willing to invest in a decent computer if you want to use this platform to trade.

The exchange platform offered is pretty much decent, and one that closely resembles the traditional trading platforms that you may have already interacted with. OKEx offers a charting package that was developed by OKCoin, its parent, and sister exchange. Anyone who has been trading for quite some time will definitely point out the charting package as one of the best features that OKEx has to offer to its customers

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The exchange markets

OKEx’s exchange platform allows clients to do crypto-to-crypto exchanges, as well as fiat to crypto exchange. The only fiat currency that is supported on this exchange, unfortunately, is the Chinese Yuan. If you are looking for a platform that offers more fiat options then you will have to look elsewhere. OKEx’s exchange supports more than 100 cryptocurrencies and tokens. Their crypto offerings are usually updated regularly. Hence if you do not find one coin at a certain time, you can always check in later to see if it has been added to the platform.

OKEx allows margin trading, with the maximum leverage being 20:1. This is one of the highest crypto leverages you will find in the market. Due to the volatility of cryptos, anyway, the trading margin is usually limited to 20:1 in most crypto markets anyway, so this may not be a very unique thing to you if you have been using a wide variety of crypto exchanges.

This platform currently offers BTC, ETH, and EOS futures. With these, you can access bi-weekly, weekly and monthly contracts. The best thing is that leveraged trading is also availed for these futures, so you can take advantage of this to maximize your income-earning potential.

Recently, this platform added algorithmic trading tools, which I admit can be quite helpful to new traders. If you are a seasoned trader who has been looking for a platform that will let you get more from your trades by using algorithmic trading tools, then OKEx may be the solution you are looking for.

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The fees you can expect to get charged

The low fees on this platform are probably one of its main selling points. Its fees tiers are based on the average 30-day trading volumes, those they are still relatively low even on the upper end, in comparison to most of the other trading platforms in the market.

The highest trading fees you can incur are on the low volume trades. For these, you will have to part with a 0.15% maker fee or the 0.2% taker fees. Depending on the trade volumes, these can drip to as low as 0.02% for the taker fees, and 0.05% for the taker fees.

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Is Okex.com a SCAM or Legit & Genuine?

Yes. I think, so far, there’s nothing that points to it not being genuine. It is a platform that many people are using regularly, for more than half a decade already. That said, however, the main concern is usually client experience. I looked around for customer reviews and discovered that OKEx is a good platform for trading, but you might have a slight problem during the withdrawal of your funds if you do not have all your documents with you.

Most of the reviews I saw on Trustpilot, are generally not that solid, and the ones on other consumer trust sites do not talk about the platform being a terrible one. To that regard, I’d say that if you give this platform a try, then make sure that you understand their terms and conditions, just to avoid losing your money.

P.S.

Learn to avoid all scam coins and pick only the winners (read this review)

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Pros and cons

It is never a bad thing to compare the positives against the negatives to get a better overall view and understanding of something, right? As always in our reviews we provide you with some clear points on both sides of the spectrum:

Pros

• Offers derivatives trading
• Supports fiat to crypto exchanges (only Chinese Yuan for now)
• Well-developed trading platform
• Leveraged trading
• More than 100 cryptos offered
• Relatively low fees.

Cons

• The reviews about it are not very solid.
• The fact that it only supports the Chinese Yuan shows that it is not ambitious about global consumer user experience.

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Final words and verdict

Verdict: Legit

Overall rating: (3.8 / 5)

OKEx is a genuine platform that is out to serve all derivatives crypto traders. This is actually a very valuable niche, and those who have sufficient knowledge about derivatives trading can make the best use of it, and maximize their earning potential through the leverage option. That said, I do not think a strong opinion of this platform has been formed so far, so it’d be good for you to tread carefully.

Want to see my #1 recommendation for Crypto Alerts?

There are an endless of exchanges and crypto trading programs and products out there. It is a jungle to say the least, you need to be aware that most things out there are a scam, and also many times over priced. There is of course legit and genuine products as well, even if they are harder to find. We have listed many of them on this website, however, the absolute best recommendation I can make if you are into crypto, no matter if you are a completebeginner or got experience is the one below:

 

Have you heard of  TCV? Have a look at how this man is helping investors hop on to the best crypto opportunities

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Thanks for sticking through to the end of this review about what Okex.com is about. If you still have any question that you feel has been left unanswered, do not hesitate to drop it in the comments section so that I can respond to it. Do not also forget to have a look at The Crypto Vigilante to see how you can begin making more reliable cryptocurrency investment moves. I wish you all the best.

Eric,

Investor and team member on Gold Retired!