What is Xtrade Brokers XTB? How do its customers use it? Is it one that you can rely on to make an income? How dependable is it anyway? Welcome to today’s review in which I will be reviewing this platform, in a bid to establish whether it is one that should be a must-use or one that people should totally stay away from.

• What is X-trade brokers XTB?
• Who is this platform best suited for?
• The costs associated with using this platform
• The range of offerings on XTB
• Customer education
• Is XTB Genuine or is It a Scam?
• Pros and Cons

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Name of the platform: X-Trade Brokers (XTB Online Trading)

Official website URL: https://www.xtb.com/int

Overall Rating: (4.1 / 5)

Recommended: Yes

Here is an alternative that will work for you if are solely interested in cryptos

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What is X-trade brokers XTB?

X-trade Brokers is a brokerage platform that is based in Poland. It was founded in 2002 as X-Trade, but it changed its name to X-trade Brokers in 2004, in a bid to comply with the newly-established Polish regulations. In 2009, the platform rebranded its name to XTB Online Trading and was listed in the Warsaw Stock Exchange Its stocks trade under the ticker XTB.

XTB has gradually been working on its platform to ensure that it outmatches the competitors in the market. The current brokerage landscape is quite dynamic, and one in which customers are making more demands for access to various commodities and shares by the day. The platform, as is, lets its users access markets such as:

• Forex
• Shares
• Indices
• Metals
• Commodities

The platform is currently regulated in the UK. It is registered with the well-known body, the Financial Conduct Authority (FCA). In Poland, XTD is registered with the Polish Financial Supervision Authority (KNF), which ensures that this platform is not engaging in any activities that would compromise the funds and personal details of the customers.

This platform does not accept USA users, though this is something that you can expect with most forex brokers.

XTB has a unique web-based platform that goes by the name “XStation 5”. This, when used alongside the popular MT4 platform or a very functional mobile app, presents a very enticing offering to eager customers.

XTB has over the years tried to stand out from the competitors by offering relatively low spreads.

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Who is this platform best suited for?

By fair analysis, I can posit that XTB is a platform that is created and designed to serve the needs of those who are out to significantly cut down on their trading costs as well as any fees and charges, in a bid to maximize their profits.

XTB offers a maximum leverage of 500:1 for the non-UK accounts. UK accounts are limited to a 30:1 leverage. Expert traders can utilize the leverage option to optimize their profits per trade. I generally advise against any beginner trying to use this option, if they are not getting any guidance from a pro. It can be a good source of quick profits, but it can also wipe away one’s entire capital base within the blink of an eye.

XTB emphasizes that customers should be very keen to utilize the relevant educational material and research tools so that they can grow their skills and benefit from trading.

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The costs associated with using this platform

XTB is a platform that has tried to differentiate itself from other service providers in the market by offering lower costs.

XTB offers minimum FX spreads, based on the structures of the accounts that customers can choose from. There are two types of accounts that you can choose from, namely:

• Standard
• Pro

For the standard account, there is a minimum spread of 0.5, whereas with the Pro account there is a minimum spread of 0.1. XTB, however, attaches a commission of $3.50 per lot, for the trades that are done using the Pro account. Note that XTB only charges commissions in the following cases:

• Cryptocurrencies – with the Pro account
• Stock CFD-for the Standard and Pro accounts.

The spread for various trades on the different accounts are mostly differed, though XTB has established that the average for the EUR/USD trades is 0.43 for the Pro accounts, and 1.02 for the standard accounts.

If you remain inactive for more than 365 days and you do not deposit funds for more than 90 days, XTB will charge you an inactivity fee of €10. You will also get charged a fee for withdrawals that are less than the minimum withdrawal limits specified, moreso if you use platforms such as Skrill and Neteller.

The good thing is that you do get charged anything for the incoming and outgoing accounts via wire transfers, so you can optimize your transactions by using wire transfers. There are also no charges for closing one’s account.

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The range of offerings on XTB

As a user of this platform, you can expect the financial instruments listed below:

• 48 currency pairs
• Over 1500 global stock CFDs
• More than 20 global indexes
• Several commodities
• 60 ETF and crypto CFDs

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Customer education

XTB takes customer education quite seriously. The level of education here is actually what you can expect from the rest of the industry. It has courses that are presented in the following categories:

• Basic
• Intermediate
• Expert
• Premium

The first two course categories can be accessed the XTB’s official website. The “premium” courses are accessible via the xstation 5 platform. One has to, however, sign up for a demo or live account. Fortunately enough, the premium course is free of charge. With these courses, you can expect to be taken through the following concepts:

• Stocks and CFD markets
• Fundamental analysis
• Technical analysis
• Risk management
• Macroeconomics

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Is XTB Genuine or is It a Scam?

XTB is a genuine platform that has been around since 2002. It has received numerous reviews from both its users and consumer trust sites. it has been reviewed on a platform such as Trustpilot, on which more than 71% of the users perceive it as an excellent platform. With an overall rating of (4.1/5), I think this platform is definitely one that is worth checking out. If you are however looking for a platform that specializes in everything crypto, check out my recommended platform below:

A reliable crypto-exclusive exchange alternative to XTB. 

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Pros and cons

Pros

• Low FX spreads
• Regulated
• Education is taken seriously

Cons

• US customers not accepted
• No guaranteed stop-loss

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Final Words and Verdict

Verdict: Legit

Overall Rating: (4.1 / 5)

XTB is a legit online brokerage platform that you can rely on if you are a trader who is looking for a variety of commodities and instruments to work with as you make your money. I would not have a problem recommending it to anyone, since it has impressive ratings on consumer trust sites. If you are, however, looking for a platform that is limited to cryptos, then you can have a look at what I have recommended below ( More utility and benefits – cryptocurrency ATM Cards delivered for free).

Manage and Trade in Your Cryptocurrencies with a reliable platform

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Thank you for making it to the end of my review on what xtrade brokers or XTB is all about. I hope you learned whether it is one for you or not and that now you can proceed to do your trades with confidence. Do not forget to have a look at what the refined crypto version of XTB has to offer.

Your friend,

Eric, Investor, and Blogger at Start Make Stop Waste!

What is degiro.com? How effective is it? Is it one that you can actually recommend to your colleagues and friends? Let’s unearth all of that and more in today’s comprehensive review, which will take the following structure:

• What is Degiro.com?
• What can you expect from the trading platform?
• How to open an account on Degiro
• How to deposit and withdraw money on this platform
• What are the fees you should expect to pay on this platform?
• Is Degiro Safe?
• Is Degiro genuine or is it a Scam?
• Pros and Cons

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Name of the platform: Degiro

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

Overall Rating: (3 / 5)

Recommended: Yes (only for stock traders)

Crypto traders can use this alternative!

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What is Degiro.com?

Degiro exists as a Dutch-based online broker. The company offers stock trading services at relatively low fees. it is regulated by the Dutch Central Bank as well the Authority for Financial Markets.

Degiro makes it clear that its intention is to offer low cost but comprehensive stock trading services through their platform, which they state is effective and trustworthy, with the objective of empowering their customers. With the platform, customers can access all global exchanges at any time, from any device.

The company was created back in 2008 and has been trying to spread its roots to the rest of the world ever since.

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What can you expect from the trading platform?

Degiro is a platform that is relatively easy to use, by the industry standards. The desktop website is clean and quite responsive, to the extent that even a beginner can very easily start purchasing and selling stocks without needing any special assistance.

It is also fairly easy for one to see when they have received dividends on their account. The platform is actually very simplified, to the extent that most advanced traders may perceive it as being too basic. To most regular traders, however, the platform is perfect and good enough. Degiro also has a mobile app that you can easily make your way around as well.

You can access a wide variety of financial products on this platform, with the exception of Forex trading. Most people visit this platform to purchase and trade in stocks and ETFs. There are 32 stocks from all over the world, along with 5,400 different ETFs. Most of Degiro’s competitors have more financial instruments to offer, though Degiro has most of the basic stocks that you would think of relying on to earn your income.

You can also take advantage of the free ETF trade offer that is given once per month.

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How to open an account on Degiro

Opening an account on this platform is quite easy. Everything is done online, and you will not be requested to make an initial deposit right after opening the account. You can open your account within a day, though at times it can take 2 to 3 days to complete the process. You will only have to fill the forms as requested by Degiro. You will also be required to upload a copy of your ID card or your passport. Not forgetting that you have to provide the IBAN of your bank account for the purpose of deposits and withdrawals.

Once you have opened the account, you will be required to confirm that you know the risks of relying on financial instruments to make your income, and accept Degiro’s terms and conditions, before you can move to the step where you get to deposit some money.

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How to deposit and withdraw money on this platform

Depositing and withdrawing money on this platform is also easy as well. All you need to do is to send Degiro a bank transfer request with the account number that you gave them at the time you were creating your account. You should make sure that you make the transfer in the currency that you set in your Degiro account. You can therefore utilize services such as TransferWise or Revolut if you intend to use another currency, other than what is in your Degiro account. Upon making the money transfer, you will receive it in your Degiro in about 1 to 2 days.

Unfortunately, you cannot make deposits using your credit card. This would make the transaction faster, so this is an area that Degiro can revisit.

Withdrawing money on this platform is very straightforward and is actually free. The money you withdraw hits your bank account in about one day.

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What are the fees you should expect to pay on this platform?

The fees charged by Degiro are relatively low since this company’s objective is to make stock trading very affordable for everyone. For starters, there are no account opening fees, no inactivity fees, and withdrawal fees as well. Investors who are out to derive long-term value from their investments can therefore rely on this platform ( since they will not incur the costs that are otherwise associated with making regular trades).

Talk of trade fees, they are also quite low on Degiro. They are dependent on the volume of your trades, by they are significantly lower in comparison to other stock trading service providers such as banks. Generally, it is quite cheap to invest with Degiro, and the fees charged will barely affect your investments.

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Is Degiro Safe?

I think Degiro is safe by the general security standards in the industry. The platform has been around since 2008. This is more than a decade of existence, and one cannot help but believe that it is one that is taking its business seriously. Degiro is a fully regulated platform, hence all its activities are overseen by the authorities who would step in if there was any type of fraud.

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Is Degiro genuine or is it a Scam?

We have already seen that this platform is safe, and one that is out to deliver services at some of the lowest fees in the industry. The customer reviews on Trustpilot do not point to it being a scam, but only paint a picture of a platform that is trying to offer the services that it has promised to its customers. The platform has a rating of (3/5) stars, which is not bad considering that the feedback is coming from more than 1000 customers. I think this platform is genuine, though I would also advise you to take your time to research more if it will help you meet your money-making objectives. Alternatively, you can have a look at what people are relying on in the crypto industry to make an income.

Crypto Exchange Alternative To  Degiro

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Pros and cons

Pros

• Very low fees
• It is regulated by well-known authorities
• It has an easy to use the web and mobile platform

Cons

• No crypto and forex trading
• Credit and debit card deposits not supported.

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Final Words and Verdict

Verdict: Legit 

Overall Rating: (3 / 5)

Degiro is a low-fee stock trading platform that is out to deliver simplicity and ease-of-use to its customers. It is one that has been around for quite some time now, trying to deliver its services to people living in different parts of the world (besides the Netherlands, where it originated from). The platform is more of an average platform, that you can use if you do not want to trade in cryptos or even access benefits such as a crypto ATM card. If cryptos are your thing and you want to make your income and keep it safe, here is a platform that you can rely on.

My Number One Recommended Crypto Wallet | An Alternative You Can Try Out

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Thank you for reading through till the end of my review of what Degiro.com is about. I hope that you enjoyed it and that you will have a look at what its crypto alternative has to offer. Let me know if you have any questions about this platform in the comments section.

Your Friend,

Eric, Investor, and Blogger at Start Make Stop Waste!

Is coins.ph a scam? How does it differ from its competitors? Is there anything unique that you should expect from it? Let us find out about that and more in today’s comprehensive review of this popular platform. Hopefully, we get to establish whether this is a platform that you can rely on to access what it promises to its customers, or it is one that you should stay away from.

• Is coins.ph a scam?
• Which bills can you pay using this wallet?
• Can you use your Coins.ph account to buy gaming credits?
• How to sign up for a Coins.ph account
• Do you need to verify your account when signing up for a Coins.ph account?
• How does one cash in funds? (with a verified account)
• How does one cash out their funds?
• Is Coins.ph legit or is it a Scam?
• Pros and cons

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Name of the platform: Coins.ph

Official website URL: https://coins.ph/

Overall Rating: (2.9 / 5)

Recommended: Not Recommended (It is not very secure)

Here is a secure platform that you can rely on instead. 

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Is coins.ph a scam? (What is it about?)

Coins.ph exists as a free and secure mobile wallet that allows its users to access various financial services from their mobile wallet. The company that owns and runs this wallet is based in the Philippines, where facilitates the transfer of funds through blockchain technology.

The wallet lets you deposit funds into it, and to use it for several things including:

• Payment of bills
• Making mobile purchases
• Online payment
• Digital currency purchase like Bitcoin, ETH, XRP

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Which bills can you pay using this wallet?

With a Coins.ph wallet, you can start paying your bills right from your phone, without the much-experienced complications. Here are some of the bills that you can clear on the go:

1. Electricity bills –Davao light, Meralco, etc
2. Water-Laguna water, Maynilad, etc
3. Government-related bills such as NBI Clearance
4. Telecom –Smart, Globe, etc
5. Broadband-Globe, Sun, etc
6. Cable –Sky Cable, Cignal, etc
7. Credit card-PNB, Unionbank etc

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Can you use your Coins.ph account to buy gaming credits?

Yes. With a coin.ph wallet, you can enhance your gaming experience. The wallet makes it easy for gamers to purchase any of the listed game credits:

• Game Club
• Razer Pin
• EX Cash
• Cherry Credits
• Garena Shells
• net Gift Cards

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How to sign up for a Coins.ph account

The easiest way to sign up for a Coins.ph account is through Facebook Messenger. Here is how you are supposed to go about that:

• Open your Messenger app and search for the Coins.ph bot. Click “Get Started”.
• Click “Sign up”
• Click “Create an account”.
• You will then be required to enter your email address or telephone number, and to create your password.

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Do you need to verify your account when signing up for a Coins.ph account?

Yes. It will be necessary for you to fulfill the KYC requirements for you to enjoy all the benefits of your Coin.ph account. KYC is quite a normal thing in the present-day world. Online financial service providers are under the obligation to see to it that they take all necessary measures to prevent money laundering as well as any other shady financial activities. Here are the 4 verification levels one needs to meet:

1. Level 1- Email & Phone verification – you can pay bills, buy game credits, buy load, access cash in (₱2000 maximum daily limit). There is no cash-out.
2. Level 2-ID & Selfie verification –access to level 1 features, you can cash out, you can trade in cryptos and you can also do money remittances. The daily limit is set at ₱50,000 for the cash in and cash out.
3. Level 3-Address verification –this allows you to access Level 1 and Level 2 benefits, and to cash in and cash out (limit set at ₱400,000)
4. Level 4-granted by request –You can access all the features in the other levels. Custom cash and cash out limits are allowed, with the maximum daily limit being ₱5 million.

To remove the limits, you should simply click on the “Limits and Verification” tab which is found on the top right corner of the dashboard. All the other instructions are very straightforward, so you can get done with the verification process if you have all your documents ready. Here is a list of the documents that you should have with you at the time of account verification:

• Passport
• Drivers´ license
• Social Security System Card
• Philippine Regulation Commission ID
• Postal ID
• Unified Multi-Purpose ID
• Bureau of Fire Protection ID
• Department of Social Welfare and Development Certification
• Government Service Insurance System e-card

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How does one cash in funds? (with a verified account)

Once you have verified your identity with Coins.ph, you are all set to deposit funds into your wallet. Coins.ph already has its many partners (financial institutions), who make the cash in process seamless. Some of the main partners include:

• BPI
• Cebuana Lhuillier
• Western Union
• LBC
• Bayad Center
• Unionbank

For the cash-in process, here are the steps that you should follow:

• Select “cash in” on your dashboard
• Pick your preferred cash in option
• Enter the amount you want to cash in, then place your order.
• Follow the rest of the instructions provided on your screen to complete the payment.

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How does one cash out their funds?

Withdrawing funds on this platform is easy and straightforward as well. All you have to do is :

• Pick a cash-out option
• Enter the amount of money you want to withdraw
• Enter the recipient´s details
• Click “confirm”

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Is Coins.ph legit or is it a Scam?

So far, I think Coins.ph is legit. It has been around since 2014 and has been enabling its customers to access very crucial financial services. If you are looking for a solution to transfer funds, buy load, trade-in cryptos, as well as pay bills, this is one platform that you can consider. What are those who have used it saying about it? Unfortunately, this platform has a very low rating on Trustpilot, on which more than 73% of the customers think that the services offered are not good enough (slow communication, unfriendly support, and people being locked out of their accounts).

I don´t think I would be very excited to point anyone in the direction of this company, owing to such low ratings and the not-so-good feedback. Below is an alternative that you can however look at if you are still looking for a reliable crypto wallet.

My Recommended Alternative to Coins.ph

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Pros and Cons

Pros

• Many financial services supported
• Rebates on load up transactions

Cons

• Poor ratings and consumer feedback
• Unreliable support staff.

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Final Words and Verdict

Verdict: Legit (But Not Recommended)

Overall rating: (2.9 / 5)

Coins.ph is a comprehensive wallet that is meant to enable its users to do all the transactions from their smartphones. They can pay bills, send money, and trade in cryptos at their convenience. Were it not for the security issues that this platform is yet to fix, I would have recommended it right away. The customers who are using it currently are also not very pleased with what it has to offer, so I will simply recommend my personal best alternative. Have a look at it and be the judge as to which platform is best suited for your current needs.

My Recommended Cryptocurrency Wallet | Detailed Review 

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Thank you for sticking through to the end of this article about whether Coins.ph is a scam. I hope you now know whether you will be relying on it or not. Be sure to look at the recommended alternative to see if is best for you.

Your friend,

Eric, Investor, and Blogger at Start Make Stop Waste!

Is Plus500 genuine?  How does it compare to its competitors in the market?  Is it one that you can rely on to achieve the objective that it states that it delivers to its customers? Welcome to today’s review about this platform,  in which I will be doing a comprehensive presentation of the details that matter about it.  Let us dive into it right away.  

• Is Plus500 Genuine? ( What Is It About?)
• Who is this platform for?
• The costs involved  when using this platform
• What is the trading experience like this platform?
• The range of product offerings  on this platform
•  Is Plus500  genuine or is it a scam?
• Pros and Cons

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 Name of the platform: Plus500

 Official website URL: https://www.plus500.com/

 Overall Rating: (3.8 / 5)

 Recommended: Yes (But not highly)

Looking for a crypto exchange platform that is reliable? Here is one that you can consider. 

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Is Plus500 Genuine? ( What Is It About?)

Plus500  exists as the trademark of Plus500  Limited,  whose main objective in the market is to deliver online trading through contracts for difference,  popularly abbreviated as CFDs. Plus500  delivers the service through its unique proprietary trading platform, which customers can access through the web. 

This platform was founded in 2008,  in Israel,  but it has managed to bring up other subsidiaries that are spread out throughout Europe as well as the Asia-pacific region. In each of these regions, Plus500  is registered with the relevant regulatory bodies. As is the case with many other forex brokers, Plus500  does not support customers from the United States. 

This company has managed to scale the heights of success, by rising to become a publicly-traded company. It is listed on the London Stock Exchange. As of September 2020, Plus500 Limited’s market capitalization stood at $2.07  billion. 

Plus500 offers ITS services to clients in  over 50 countries,  by letting them access  and trade-in: 

•  Forex
•  Stock indices 
•  Individual shares 
•  Commodities
• ETFs
• Options
•  Cryptocurrencies -Plus500  takes pride in being the first broker to introduce Bitcoin CFDs back in 2013. 

The trading costs of each instrument are usually contained within that instruments’ spread. 

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Who is this platform for? 

Pls500  is best for those individuals who seek to access a wide collection of financial markets,  without being charged high trading face.  It is also for those who are looking for a simple but functional platform,  through which they can execute all the trades as soon as they need to. The platform presents a suite of more than 2000 trading instruments this can be accessed through the proprietary WebTrader, which has very competitive spreads and no commissions.  This is a factor that attracts very many investors,  in that they do not have to worry about high costs as they go about their business. 

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The costs involved  when using this platform

Brokerage platforms usually generate higher revenues mainly from the bid and ask spreads. Plus500  and it’s money using the same model, only that it tries to remain very competitive with its spreads. It actually does not charge any commissions on the transactions that clients go about, and all the trading costs are usually contained in an instruments’ spread.  Whereas the spread does not vary with the size of the trade, Plus500 usually offers the high-volume traders discounts on your trades. 

Plus500 also earns an income by charging premiums two plants hold their positions overnight since they are usually subject to currency conversion charges. This happens if the customer trade in currencies other than Plus500’s best currency. 

The platform also charges fees for “ guaranteed stop-loss orders”,  popularly abbreviated as GSLO. There are also inactivity fees that are charged on accounts that have been idle for 3 months. Expert traders can get “ professional accounts” that offer higher leverage. They can for instance increase the maximum leverage from 1:20 to 1:200. The selling point of this platform is that it does not charge its customers any ancillary fees. They for instance are not charged any withdrawal or accounts termination fees. 

Note that you have to deposit 100  units of Plus500’s base currency at the time you are opening an account. The funding options available  include: 

• Visa/MasterCard debit and credit cards
• E-wallets such as PayPal and Skrill 
• Bank fund transfers 

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What is the trading experience like this platform? 

 As earlier highlighted, Plus500’s proprietary trading platform is known as WebTrader.  It offers a streamlined trading experience. Customers  can therefore be assured of a stable and easy to access platform,  that they can use  on multiple devices and  systems  including: 

• Their smartphones 
• Tablets 
• Windows PCs
• Web browsers 

WebTrader’s interface is simple and easy-to-use, and one that you can easily use to: 

• Analyze charts 
• Monitor trades 
• Create watchlists

The technical analysis charts presented by this trading system has more than 100 indicators which you can rely on to get better results with your trading activities. This platform does not offer the popular  MetaTrader 4 platform which is something that most traders are usually looking out for when choosing a  trading platform.  An MT4  usually offers customers more functionality as well as customization options. 

One of the best features offered by WebTrader is the ease of use with different layouts,  even those that are used by experienced traders. This means that our clients can choose one or several of the more than 2000 instruments availed, analyze them using the customizable technical charts, and actually place a trade in a very short time. 

Unfortunately, WebTrader exists as a closed system, hence you can not incorporate third-party tools.  Those who rely on analytical and automation software to refine their trading process,  do not have the opportunity to integrate them with WebTrader. 

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The range of product offerings  on this platform 

As has already been presented and emphasized, Plus500  offers more than 2000 financial instruments from a variety of asset classes under the following categories:  country and sector indices,  forex,  individual shares,  commodities,  cryptocurrency,  options, and ETFs.  They also offer vanilla call and put options that simply work like exchange-traded versions,  with the only difference being that they are not standardized.  This essentially means that these options are customizable and can be adjusted to suit a client’s risk tolerance and trading strategy. 

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 Is Plus500  genuine or is it a scam?

 I think this platform is genuine by all means. There is enough evidence that it actually exists and that it has been serving its customers over the years. A look at the level of customer service revealed that it is average. On TrustPilot, for instance, it has a rating of (3.8/5) stars. This is quite expected from a platform like this one, this in the way it offers a wide variety of services and products- this increases the chances of there being more complaints from customers. If you are looking for a company that offers a seamless experience with cryptocurrencies, read about my recommended platform below: 

Recommended Platform for the Crypto Enthusiasts 

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Pros and cons

Pros

• More than 2000 trading instruments offered 
• A platform that is easy to use.
• Regulated 
• Guaranteed Stop Loss orders offered 

Cons

• US customers not accepted 
• Limited educational resources 
• Does not support third-party analytical and technical tools. 

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Final Words and Verdict

Verdict: Legit

Overall Rating: (3.8 / 5)

Plus500 is a platform that those who want to trade a wide variety of instruments can rely on. It is the platform that you can use if you want to do all your trading in one place. The only problem is that having many product offerings can expose a service provider to many customer service-related issues. The fact that Plus500 has an average rating of (3.8/5) means that its services are not that bad, but it is definitely facing competition from companies that are performing exceedingly well. For instance, those who are into cryptos can have a look at the platform recommended below, just to get a feel of how specialization can help with the delivery of outstanding services:

Comprehensive Review: My Number One Recommended Crypto Trading Platform ( With many other perks)

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Thank you for sticking through till the end of this review about whether Plus500 is genuine or not. Hopefully, you are now in a position to decide whether it is one for you or not. You can also have a look at the platform I have recommended as well- it could be your next big thing.

Your friend,

Eric, Investor, and blogger at Start Make Stop Waste!

Is Blockchain.com legit? Is it one that you can rely on?  Today we shall be looking at what’s blockchain.com is all about in a bid to establish whether it is one that is reputable and secure and whether it is one that you should switch to today,  or simply keep off from.  We shall be going through its background history,  as well as all purposes and functions that are attached to it.  Let us get into it  right away:

•  Is blockchain.com legit (what is it about) 
• The Blockchain.com wallet
• The Blockchain wallet app
• How to buy  coins on blockchain.com
• Blockchain Wallet Fees
• Is Blockchain.com  genuine or not?
• Pros and cons

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Name  of the platform:  blockchain.com 

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

Overall Rating: (2.7 / 5)

Recommended: Not Recommended

My Recommended Alternative to blockchain.com

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 Is blockchain.com legit? ( What is it about?)

Blockchain.com  Luxembourg-based company that was launched in 2011,  and has been around since then.  The company specializes in the provision of services and products that revolve around bitcoin data,  statistics,  as well as other metrics.  they also have a wallet (which we shall focus on in this review ),  as well as blockchain exploration services.

Blockchain exploration points to the process by which one gets to review specific parts of a blockchain,  to observe them or analyse them carefully,  to explore  all the data related to various transactions,  and to review the wallet addresses.  This is a very useful thing for those who will want to track and analyze transactions,  such as is the case in most business organizations.  It is clear that  blockchain.com  is out to serve both individual customers and Business Enterprises. 

At the time of formation,  blockchain.com’s primary objective was to provide its uses with blockchain exploration services,  but it has since then expanded the scope of its service offerings. In 2013,  the company’s website was actually the most visited  bitcoin-related site,  which is something that led  to its popularity. 

 Right at the end of 2013,  blockchain.com  acquired a company known as Zero Block LLC,   which specialized in the creation of mobile apps. At the time Zero Block LLC, what’s the owner of a bitcoin mobile app that was quite popular at the time.  Blockchain.com’s acquisition of this company,  was there for a strategic move to enable it to become the most resourceful bitcoin startup in the entire world. 

 Blockchain.com has faced  a couple of  ups and downs,  such as the time Apple removed  the Bitcoin app  from App store  (they have reinstated it), but it has still  been striving to deliver its services to the eager customers. 

 Peter Smith,  who is the current CEO of  blockchain.com  has managed to  offer leadership  that has sustained the company’s operations  in the very competitive cryptocurrency space.  Is what the company  good enough?  let us have a look at that right away. 

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The Blockchain.com wallet 

As already mentioned, one of the main services that this company offers is a crypto wallet.  the wallet allows its  uses to store  some of the main cryptocurrencies in the market  including the following: 

• Bitcoin
• Ethereum
• Bitcoin Cash 
• Stellar Lumens
• Algorand 
• Tether 
• USD Digital

According to this company’s official website,  close to 30 million wallets have up to date.  The company, therefore, prides itself in offering one of the most  trusted crypto wallet service provider in the entire world. One of the main features of this wallet  is that it lets you backup your funds  and secure them using a couple of security measures  just to ensure that you do not lose them.  The company also strives to offer the lowest transaction fees in the market for those who are buying,  selling, and trading in cryptocurrency.  this makes it possible for them to focus on the other elements of crypto trading,  without worrying about how much they will be charged. 

This crypto wallet  has however been  criticized by a number of users since it usually stores  the customers’ cryptocurrency keys. Most customers prefer to store their own keys, without involving any third party, as a way to guarantee the security of their cryptos. 

One of the main elements of blockchain technology is decentralization,  in which there are no extra parties  who stand in between transacting customers or even process their data. It is due to this understanding,   that  a significant number of blockchain.com’s potential customers tend to stay clear of what it has to offer. 

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The Blockchain wallet app

  Blockchain.com   has a cryptocurrency wallet that is supported by both Android and iOS.  you can access most of the features in the phone version of the wallet,  though the app  allows you to do most of the  important transactions on the go.  You can for instance scan  someone’s QR code  and send them payment within a couple of seconds.  the wallet app has also integrated finger Touch ID  for Even Better security of your funds. 

If you for instance  lose your phone,  the wallet app is usually protected by a PIN code,  hence your app will remain safe.  Also,  if you decide to delete the app,  or you delete by mistake,  blockchain.com  will still have all the crypto coins  stored for you in there online database.

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How to buy  coins on blockchain.com 

One of the most important processes that you can acquaint yourself with  as a user of blockchain.com  is how to buy cryptocurrencies.  The process is actually  quite simple, and you can do it in  about three steps  as shown below: 

•  Create a Blockchain.com  Wallet account-  you should do this by registering on the official website,  upon which you should verify your email address. 
•  Once you are done creating the wallet,  you should be in a position to see a button labeled “ buy Bitcoin”.  If you click on it or press it,  you will see a list of exchange partners   available. If you cannot see  the”buy bitcoin” button at this stage, it means  that blockchain.com is not allowed in your country or region. 
•  With a verified  blockchain.com  account,  you can also start trading Bitcoin right away.

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Blockchain Wallet Fees

Like most of the other Wallet in the industry,  users are usually charged per transaction.  You will therefore always incur charges and fees that are directly proportional to your transaction size. On this platform,  you can get charged a priority fee or a normal fee. Priority fees, which are higher, are usually calculated  to ensure that your transaction is included in a particular block,  within the hour,  for fast confirmation. the normal fees are lower, can see your transaction is bound to take more than an hour for it to be confirmed. 

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Is Blockchain.com Legit or a Scam?

 In my own opinion,  this platform  is legit.  It has been around since  2011,  and its presence in the cryptocurrency industry  cannot just be ignored. The company’s website URL is also quite distinct,  and one that most people who are searching for anything to do with blockchain technology  will mostly run into.  If this platform was not legit,  it would have already gained enough attention from authorities,  and it would have already been shut down. 

What do customers think about  blockchain.com? So far,  most customers do not seem  quite impressed by what  this platform has to offer.  the ratings on consumer Trust sites ( Such as Trust pilot – a rating of 2.6/5 )  are quite low,  in comparison to those of other top-performing sites in this industry.  In addition to that, the scope of  blockchain.com’s  services  is quite limited. 

Here is a platform whose service offerings are quite extensive-Synonous to the present-day financial service offerings ( Mobile App, Crypto ATM+ Other Benefits)

Recommended Alternative to Blockchain.com

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 Pros and cons

 Pros

• Low transaction fees 
• Supports crypto-trading

Cons

• Low anonymity 
• Not decentralized 

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Final Words and Verdict

Verdict: Legit  (But Not Recommended)

Overall Rating: (2.7 / 5)

Blockchain.com is definitely a legit platform that has been around for quite some time now. It is actually one of the platforms that can be viewed as a founder of the crypto industry as we know it today. A close look at how this company is performing, however, reveals that it is not performing as well as some of its competitors in the market. With a rating of 2.65/5, I am not very impressed enough to recommend it to anyone. If you still want to access a platform that is more solid and reliable, you can have a look at what my recommended alternative has to offer.

Alternative to Blockchain.com | Full Review

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I hope you now know whether Blockchain.com is legit or not and whether you will be using it to achieve your crypto transaction objectives. Whichever the case, I hope you also know that security and reliability in this industry are quite paramount, and you should never try your luck with a platform that you are not very sure about. Thank you!

Your Friend,

Eric, Bitcoin Investor, and Blogger at StartMakeStopWaste!