Based in Estonia, Mercuryo is a cryptocurrency exchange that offers several cryptocurrencies, such as Bitcoin, Ethereum, Tether, Algorand, TRON, Dai, Basic Attention Token, and more, for trading on its in-house-developed trading platform that is available as a web wallet and mobile app. Some of their uniques features include the ability to buy digital assets with bank cards, wallet top up, fiat to cryptocurrency conversion, and more. Traders benefit from some educational resources and the assistance of a professional client support team. A commission fee of $4 is charged on trades, while a minimum deposit of just $1 is required to begin trading.
Mercuryo Review Introduction
In this Mercuryo review, we will take a look at some of the most important factors worth considering when choosing a broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my broker reviews. You can also use my free trading tool to compare brokers including Mercuryo.
Mercuryo Platforms & Tools
Clients are provided with the Mercuryo trading platform, a proprietary trading platform that allows traders to quickly buy bitcoin at the available rates using their cards. The platform is designed with a user-friendly interface, which makes it suitable for all levels of traders. It is available as a web platform that runs directly on Chrome, Safari, Firefox, Edge, and other web browsers. There is also a mobile app that is compatible with Android and iOS devices and can be downloaded from the respective app stores.
There are no standalone trading tools on the Exchange’s website. However, traders can make do with the tools that are built into the Mercuryo trading platform.
Mercuryo Research & Education
The Mercuryo website has blogs on several cryptocurrency topics and a ‘help section’ that contains learning articles and trading guides.
Mercuryo Trading Accounts
Traders are allowed to open a single live trading account. Multiple trading account types are not allowed for a single user. The minimum deposit required to operate a live trading account is $1.
Mercuryo Account Funding
Clients are allowed to deposit and withdraw funds to and from their trading accounts using only MasterCard and Visa bank cards. Transactions are protected by MasterCard Secure Code and verified by Visa. They also use PCI DSS Level 1 security standards to process clients’ personal data.
Mercuryo Customer Service
The Exchange offers a multilingual client support team that is on hand to respond to traders’ inquiries. They can be reached via the following contact channels: Live Chat on the Intercom messenger, email, and social media.
Mercuryo is owned and operated by MoneySwap OU, a company registered and operating under the laws of the Republic of Estonia, with the registration number: 1441101. However, the Exchange is not regulated by any known financial authority at the moment. Lack of regulation can discourage some traders from trading with them.
Mercuryo Review Summary
Mercuryo is an online digital currency exchange that provides a global clientele with access to the cryptocurrency markets using their bank cards. They have an easy-to-use trading platform that is available in the web and mobile versions. The Exchange offers a selection of educational resources and also provides a client support team to assist traders. Commission fees from $4 are charged on trades, while a minimum deposit of just $1 is required to start trading. However, there is no regulatory information on the Exchange’s website at the moment, which could discourage some traders.
It is worth mentioning that some of the trading products and services in this Mercuryo review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Mercuryo broker website which you can visit by using the link below.
The price of crypto-assets is extremely volatile and variations are unpredictable. The price of crypto-assets may increase or decrease very quickly. Buying crypto-assets is high risk and includes the risk of losing the total value of a crypto-assets purchase. You must act with caution and vigilance by limiting your purchases of crypto-assets you can bear to lose without putting yourself in financial jeopardy. As such, it is not recommended that you convert all your liquid assets to crypto-assets given that crypto-assets are volatile and can decrease without warning.