What is Voyager Crypto?
What is voyager crypto? It’s a new app that enables you to use the US dollar to trade cryptocurrency coins. While you can’t trade specific coins yet, you can buy them automatically with USD from your linked bank account. Currently, only a few users have access to this service, and a waiting list is still open. It offers competitive interest rates on a handful of cryptocurrencies. And because the app is mobile-friendly, you can easily make purchases with your smartphone.
Voyager’s blockchain technology allows it to scrape the exchanges to find price discrepancies
Among the many benefits of using Voyager’s exchange is the commission-free trading, its faster speed, and a more complete range of assets. It also offers viable options for earning interest on altcoins, such as VGX. However, Voyager’s exchange platform suffers from regional limitations and improper functioning during peak hours.
Users should be aware that the Voyager exchange app is only available on Android and Apple devices. Its mobile wallet is limited to the United States and is not available for users in other countries. Despite this, it is an improvement over other crypto exchanges in this area. In addition, traders should consider the number of trading pairs, which Voyager offers. While there are several crypto exchanges available on the market, the Voyager exchange only offers three.
It earns APY
If you are looking for a cryptocurrency savings account that earns a high percentage of interest, Voyager is the place to go. Voyager is a platform that provides interest on over 30 different cryptocurrencies. You can deposit cash or crypto coins, and it will give you interest based on market value and minimum balance. The platform offers easy funding. Voyager accepts both USD and crypto coins. As long as you meet certain minimum balance requirements, you can open an account and start earning interest immediately.
Voyager has a reputation for being a safe place to store your cryptocurrency. The exchange uses blockchain technology to track your transactions and earns APY from the spread between your order price and execution price. This is why the company is able to offer better yields on staking than other exchanges. In addition, Voyager utilizes existing databases and blockchain technology to process orders. The exchange also offers staking, which is a service where you earn interest for storing your crypto assets.
It offers competitive interest rates on select cryptocurrencies
Voyager is a US-regulated cryptocurrency broker that pays high interest rates on a range of select cryptocurrencies. Founded in New York in 2017, the company was able to raise $100.1 million in funding through a IPO and is now publicly traded on the US and Canadian OTC markets under the ticker symbol VYGVF. Unlike traditional brokerages, Voyager works through an app to route your orders to over a dozen exchanges while giving you the appearance of direct trading.
Both Celsius and Voyager offer competitive interest rates on select cryptocurrencies. Voyager pays its users interest every Monday, while Celsius pays its users on a monthly basis. While both sites offer competitive interest rates, Voyager requires that their users convert their crypto to USD before generating interest. This action is considered taxable, but Voyager also offers free withdrawals. The company uses multi-party computation security to keep your funds secure.
It has a mobile app
Voyager Crypto has a mobile app that allows you to invest in cryptocurrency from your phone. While the app is available only in the U.S. and some territories, it is an excellent way to learn more about the cryptocurrency market. In addition to being free to download, the app also gives you commission-free access to several significant crypto projects. If you’re looking for a new way to invest in cryptocurrencies, download the app now and start investing today!
The app allows you to view both horizontal and vertical charts. If you’re on a mobile device, you can also view the charts in landscape mode. The app also gives you the ability to earn interest from your cryptocurrency. You’ll earn between 1% and 10% APR depending on the type of asset you’re holding. To sign up for the mobile app, you must enter your email address and password and verify your identity. This process can take several hours, so make sure to leave plenty of time for verification.
It plans to expand internationally in 2021
Voyager Digital, an early adopter of cryptocurrency, is hoping to offer debit cards backed by crypto in 2021. It is reportedly planning to expand to Europe and the NFT market next year, after receiving $75 million from Alameda Research, an investment firm that trades over $5 billion a day. Voyager intends to offer NFTs to as many people as possible. The company is currently in the process of setting up a European office in London, where it hopes to expand its operations even more.
The company’s first quarter of fiscal 2021 results showed revenue of $154 million, compared to the same period last year. It also said it earned $31 million in fees on crypto assets lent by users. It is planning to expand internationally in 2021, and plans to double its headcount in the next six to nine months. To achieve this, Voyager plans to hire additional developers and expand its presence in the U.S., Asia, and Europe.