The Voyager app might come in handy if you’reyou’re looking for the best price on your crypto and would like somebody else to do the searching for you. Unlike other crypto trades, Voyager performs more like a crypto broker. The app’sapp’s main selling point is that it scours the sales for the best price on the token you want, offering over 80 cryptocurrencies. Voyager also offers a rewards program by which you can earn up to 12% annually on some digital assets. It established the company in 2017 in Jersey City, New Jersey.
What Is Voyager App?
Voyager logoVoyager is a cryptocurrency broker that was activated in 2017. Nowadays, it’s one of the most favoured methods to invest in crypto, and the forum supports 100+ digital assets.
It’sIt’s worth spotlighting that Voyager is a dealer, not an exchange like Crypto.com or Gemini. Voyager works with various businesses and partners when you place a crypto trade to help fulfil your order at the lowest possible cost.
How Does Voyager App Work?
The Voyager app is free for Android and iOS. Once you sign up and complete your account by confirming your identity, you can start dealing with Voyager and invest in supported coins.
Placing an order is also very simple. Voyager allows you to instantly fund your account with an order from your bank account. You can also move crypto you’re having own in another wallet to your Voyager wallet.
From there, Voyager allows you to place markets and limit orders. The app displays an estimated quote price when making a trade, so you know how much crypto you purchase after accounting for platform and network fees.
Voyager App Main Features
Accessible crypto funding is the major cause of using Voyager. But this exchange has many other elements that help you make passive crypto rewards.
Crypto Trading: Voyager operates its Smart Order Routing technology to assist you with funding in crypto without overpaying on fees.
Voyager Debit Card: This crypto debit card is available to early-access users and lets you earn up to 9% back in USDC for spending.
Voyager Earn Program: Voyager pays you monthly rewards for holding dozens of different cryptocurrencies, with APYs as high as 12%.
Referral Program: The Voyager referral program pays you and your referral $25 per free BTC if they sign up and swap at least $100.
Voyager Token & Staking Rewards: VGX is Voyager’sVoyager’s aboriginal token. You can stake it to earn 7% APY and up to 1.5 times extra rewards for holding other cryptos through Voyager’sVoyager’s VGX loyalty program.
The Voyager make program and VGX staking are valid because you can use the Voyager app to fund popular cryptocurrencies and put your digital service to work to make passive income.
Voyager App Fees & Limits
Voyager is a commission-free crypto broker. It tests to discover price distinctions across exchange members when you place a transaction to beat the mentioned price. If Voyager is successful and allows you a lower price, it brings a cut of protection and satisfies your order.
Voyager doesn’t say how much it brings from lower-than-quote trades. Network fees still apply, which can get steeply depending on network congestion and the crypto(s) you’re trading. However, Voyager is a cost-effective way to change. And the power to place biased charges is also useful in controlling costs.
Note that Voyager demands withdrawal costs that vary depending on the cryptocurrency. These costs usually go from $5 to $35 or even more.
Who Is Voyager App For?
Voyager is excellent for beginner investors or anyone who likes a cost-effective method to trade crypto from their phone. But if you’re looking for in-depth trading instruments and more coin support, options like Binance and Crypto.com may be more profitable.
How to Open an Account with Voyager App?
Voyager is available for iOS and Android devices, so you must first download the app. After then, enter your email address and select a password. You must provide your name, address, and Social Security number and verify your account via email. Approval can bear up to 12 weeks but usually happens faster. While researching for this review, we found the permission occurred almost immediately.
Cryptocurrencies Available on Voyager
Voyager offers access to over 80 cryptocurrency investments across numerous exchanges. Voyager proclaims to have one of the broadest available selections of altcoins for U.S.-based crypto merchants and investors. Tokens contain:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Bitcoin Cash (BCH)
- Cardano (ADA)
- Solana (SOL)
- TRON (TRX)
- Tether (USDT)
- Polkadot (DOT)
- ChainLink (LINK)
Who Is Voyager App Best For?
Voyager App is likely to work finest for medium cryptocurrency investors who want to purchase and hold crypto tokens and expect to get the best costs for their purchases.
It could also appeal if you want access to various altcoins and stablecoins without the hassle of maintaining accounts at multiple exchanges or comparing live prices across businesses. Additionally, Voyager can be a good choice if you want to earn potentially higher yields from staking than on other sales.
Is Voyager a crypto exchange?
No, Voyager is technically not a crypto exchange. Instead, Voyager is a broker. Rather than offering a deal for tokens, Voyager helps you buy cryptocurrencies. Voyager compares prices across various businesses and then fulfils your order using the best price.
Do you own the crypto on Voyager?
While owning the coins you purchase on Voyager, note that Voyager'sVoyager's wallets are custodial. That means Voyager controls the wallet and has private keys. You can withdraw the crypto you buy on Voyager to your noncustodial wallet, but you will pay a fee when you do so.
Can You Trade on Voyager?
Yes, you can trade on Voyager as it operates as a broker that offers institutional and privatized investors a platform that lets them trade across multiple exchanges and OTC liquidity providers through a single access point.
Is Voyager legit crypto?
Yes, Voyager is a legit app for purchasing and betting cryptocurrency. U.S. dollar reserves are protected by FDIC insurance, and the company concedes to U.S. laws.