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Fees
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Fees
Earns
Customer service
Beginners
Trading
Passive income
Buy and hold
Beginners
Trading
Passive income
Buy and hold
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| Wirex | FEATURES | Coins.Ph |
|---|---|---|
|
Wirex allows flexible trading amounts, making it accessible for users of all investment levels, though specific minimums depend on currency pairs. |
Minimum Trade |
The minimum trade amount varies by cryptocurrency, with popular currencies like Bitcoin having very small minimum requirements, allowing for micro-transactions. |
|
Wirex offers competitive trading fees, but its foreign exchange fees can be higher than average, which might affect those trading or using multiple currencies frequently. |
Trading and Transaction Fees |
Coins.ph charges competitive rates, typically lower than many other licensed exchanges in the region. This includes a spread on buy/sell transactions and minimal fees for crypto transfers. |
|
Wirex supports a solid range of cryptocurrencies including major ones like Bitcoin, Ethereum, and Litecoin, making it suitable for most traders’ needs. |
Number of Cryptocurrencies |
Coins.ph offers over 50 cryptocurrencies, providing a diverse range of options for traders. |
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There is a good selection of trading pairs available, providing users with various trading strategy options. |
Crypto-to-Crypto Trading Pairs |
The platform supports numerous trading pairs involving major cryptocurrencies and Philippine Pesos, catering extensively to local market needs. |
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The Wirex website provides clear information about fees, services, and user guidelines, making it easy for users to find the information they need. |
Website Transparency |
The Coins.ph website provides clear information on fees, processes, and security measures, enhancing user trust and compliance transparency. |
|
Wirex offers a Visa card that integrates with cryptocurrency accounts, allowing users to spend their cryptocurrency at any Visa-compatible point of sale. The card functionality scores highly for its convenience and integration. |
Credit/Debit Card |
Coins.ph does not offer an exchange card for in-store purchases. |
|
Wirex provides secure cryptocurrency wallets with cold storage options, ensuring safety for user funds, though it’s less customizable than dedicated crypto wallet services. |
Storage Offering |
Coins.ph offers a secure digital wallet service with robust security measures including 2FA. Highly secure with a user-friendly interface. |
|
Offers rewards such as Cryptoback™ rewards on card purchases, but the staking options are somewhat limited compared to dedicated staking platforms. |
Staking and Rewards |
Currently, Coins.ph does not offer staking services for earning rewards on crypto assets. This is a significant area for potential growth and user engagement. |
|
The Wirex app and desktop platform are user-friendly and provide a seamless experience for managing cryptocurrencies and fiat currencies. |
Mobile App and Desktop |
Both mobile and desktop interfaces are available, with the mobile app being particularly praised for its user-friendly design. Excellent accessibility and usability across devices. |
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Customer service is a known issue with reports of slow response times and unresolved issues, impacting the overall user experience. |
Customer Service |
Known for its effective customer service with multiple channels including live chat and email support. While generally good, there is room for faster response times and extended support hours. |
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Deposits and withdrawals are generally smooth with support for multiple fiat currencies, but sometimes can experience delays which should be noted. |
Deposit and Withdraw |
Users can easily deposit and withdraw funds using various methods including bank transfers, credit/debit cards, and even through physical retail partners. Highly accessible but could benefit from reduced fees and faster processing times for certain methods. |
At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.
We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).
For more details on the categories considered when rating brokers and our process, read our full methodology.
Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.
Neither Threenvest, nor the author, are recommending you to invest with this article.
We help you invest in the crypto market in the safest way possible.
Threenvest was born by and for you. Our mission is to help you invest in the cryptocurrency market in the easiest and safest way possible. And how do we make money? Very simple, every time you click on any of the platforms that we recommend, it is possible that we get an income. We do not work with unsafe platforms, our standard is only to recommend platforms where we would invest our money ourselves.
© All rights reserved 2024 | Threenvest I/S