Voyager Crypto App Review 2021: Is It Good for Buying and Selling Digital Currencies?
GOBankingRates Score
-
Fees
4.6
-
Verification Process
4.5
-
Ease of Use
4.7
-
Currency Selection
4.7
Pros
- Commission-free trades
- Transparent pricing on trades
- Easy to sign up
- Earn interest on more than 30 digital assets
Cons
- Not available to residents in all states
- Higher purchase prices compared to other exchanges
- Withdrawal review can take up to 24 hours to process
- Frequent system outages
What Is Voyager?
Founded in 2017 in the U.S., Voyager is a mobile finance app created by Voyager Digital, LLC. Users can download the app in the App Store on iOS devices and Google Play on Android devices.
Voyager is a simple and secure platform for investors to buy and sell more than 60 cryptocurrencies. Users can also earn as much as 12% interest APR on holdings, and trade currencies mostly commission-free.
How Does the Voyager App Work?
You can begin trading on the Voyager crypto app instantly after funding your account. Here’s how to open a Voyager account and get started.
5 Steps To Get Started
- Download the Voyager app from the Apple App Store on an iOS device or the Google Play Store on an Android device.
- To create a free Voyager account, open the app and tap Sign Up.
- Follow the prompts to enter the required data for identity verification.
- After your identity is verified, you will receive a notification in the app that your account is set up.
- Fund your Voyager account by transferring cash or crypto from other accounts and begin trading instantly.
You can even send funds to your Voyager crypto account by scanning a QR code.
Earning Interest on Voyager
On the Voyager app, you can beat the interest that you currently earn at your bank. To earn up to 12% interest on digital assets, simply hold them in the Voyager app. Interest compounds at the end of every month with no lockups or limits. You can sell your crypto coins at any time.
Automating Your Investments
You can automatically buy your crypto coins at any frequency you choose. Simply set up recurring buys daily, weekly, monthly or every time you get paid. By automating your investing schedule, you can even set limit orders to activate at the price you want.
Voyager Crypto App Features
The Voyager crypto trading app lets you know your position at all times and how your investments are performing. Here are some of Voyager’s best features.
- Custom coin pages
- Dedicated live news feeds
- Integrated profit and loss tracking
- Trade instantly after registration
- Auto invest by choosing your recurring frequency — daily, weekly, monthly or on paydays
- Custom portfolio diversification
You can earn interest on your crypto investments with Voyager’s interest program. When you hold a minimum monthly balance in your Voyager account, you can earn interest at specified rates.
Here are a few popular crypto assets, the current interest rates and the minimum required Voyager account balance for the interest program.
| Asset | Current Interest (APR) | Minimum Monthly Balance |
|---|---|---|
| Bitcoin | 5.75% | 0.01 BTC |
| Ethereum | 4.6% | 0.5 ETH |
| Dogecoin | 2% | 1000 DOGE |
Rates and minimums as of August 2021.
How Does Voyager Compare With Its Competitors?
There are over 50 crypto trading platforms similar to Voyager. Here’s how some of them compare.
| Voyager | TruFi | MyConstant | YardiVoyager | |
|---|---|---|---|---|
| Operating Platforms Supported | SaaS, iPhone, iPad, Android | Saas | Saas, iPhone, iPad, Android | SaaS |
| Customer Support | Online, 24/7 live support | Online | Business hours, 24/7 live support, online | Business hours, online |
| Pricing | Free version | Free | Free | Free |
| Integrations | Bitcoin | Aave, CoinList, MetaMask, NEAR, WalletConnect | Bitcoin | 4see Analytics, Bottomline Paymode-X, Concierge Plus, MineralTree, RentPayent, ServingIntel, SkyStem ART, Zego |
How Much Does It Cost To Trade on Voyager?
The minimum trade amount is $10 on the Voyager crypto app, including recurring buys. Voyager has no set price for a market order .
Each coin on the Voyager app available for trading is subject to a maximum daily order amount of $10,000. The amount varies by coin and is sometimes based on liquidity conditions.
Voyager does not charge any trading fees above the quoted price for a trade.
List of Cryptocurrencies Voyager Offers
Voyager continues to expand the number of coins that they support. The app’s current list of 60-plus top crypto assets includes some of the following popular coins:
- Cardano (ADA)
- Bitcoin Cash (BCH)
- Bitcoin (BTC)
- Compound (COMP)
- DOGE Dogecoin (DOGE)
- Ethereum (ETH)
- ChainLink (LINK)
- Litecoin (LTC)
- USD Coin (USDC)
- Zcash (ZEC)
How Safe Is Voyager?
Voyager is a public company that is licensed, regulated, audited, transparent and compliant. Voyager insures U.S. dollars for up to $250,000 through the FDIC. You can manage your portfolio performance and monitor your profits using Voyager’s advanced visuals and data technology.
Voyager’s advanced fraud protection protects against hackers and fraud, keeping your investments secure. With Voyager, you can feel safe and know that your money is always protected.
Who Should Use the Voyager Crypto App?
The Voyager crypto trading app is currently available to all U.S. residents, except for those in New York state. New Yorkers and new customers who wish to trade on Voyager must sign up for Voyager’s newsletter to get on a waiting list. Voyager works well for investors interested in:
- Commission-free crypto brokering
- Fintech solutions for digital asset investing
- Mobile-oriented cryptocurrency investing
- Trading multiple cryptocurrencies at low costs
GOBankingRates’ Crypto Guides
- What Is Cardano? (ADA)
- What is Bitcoin Cash? (BCH)
- What Is Chainlink? (LINK)
- What Is Dogecoin? (DOGE)
- What is Litecoin (LTC)
- What is Polkadot? (DOT)
- What is Ripple? (XRP)
- What is Stellar (XLM)
- What is Tether? (USDT)
Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial, and up to date. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy.
- SourceForge. "Cake DeFi vs. Voyager Comparison."
- Business Insider. 2021. "Voyager Review: Pros, Cons, and Who Should Set up an Account."
