VOYAGER

VOYAGER Overview

VOYAGER is a cryptocurrency broker that was established in 2017. It specializes in providing commission-free trading services for over 60 digital assets. This feature can be advantageous for users who want to engage in cryptocurrency trading without incurring additional fees.

Pros & Cons

Pros Revealed

• Regulated by NMLS and DFL: Being regulated by these entities indicates that VOYAGER operates under specific guidelines and compliance standards, which can provide a sense of security and trust for users.
• Numerous tradable cryptocurrencies: VOYAGER offers a wide range of cryptocurrencies for trading. This variety allows users to diversify their investment portfolio and potentially take advantage of different market opportunities.
• Commission-free crypto trading: VOYAGER offers commission-free trading for cryptocurrencies. This feature can be attractive to users who want to make trades without incurring additional fees.

Con Revealed

• Unavailable website: For the VOYAGER website is currently unavailable, it can hinder users from accessing important information, account management, or conducting transactions. This can be a significant inconvenience and may impact user experience.
• Not currently available outside the U.S.: The limitation of VOYAGERs availability exclusively to the U.S. can be restrictive for individuals residing outside the country who wish to access their services. This limits its accessibility and potential user base.

Regulatory Compliance

VOYAGER is regulated by various authorities in the United States, such as the New York Department of Financial Services (NYDFS) and the Securities and Exchange Commission (SEC). Compliance with these regulatory bodies' rules and requirements is crucial for VOYAGER's operations. The oversight by these authorities helps to establish and maintain a transparent, secure, and fair trading environment for virtual currencies on the VOYAGER exchange.

As with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before trading.

Is VOYAGER Safe？

VOYAGER is a regulated exchange in compliance with US authorities. However, its important to verify the current status of VOYAGER through reliable sources as situations can change over time.

In terms of general safety practices, utilizing 2-factor authentication, personal data protection, and password security are positive measures in enhancing user security. However, its essential to conduct thorough research, review user reviews, and consult trusted sources to assess the safety and reliability of any cryptocurrency exchange like VOYAGER.

• 2-factor authentication (2FA)：An extra layer of security used to protect online accounts. It adds an additional step to the login process, requiring users to provide two pieces of evidence to verify their identity. 2FA reduces the risk of unauthorized access, as an attacker would need both the password and the second factor to gain access.

• Personal data protection and password security: The measures taken to safeguard an individuals personal information from unauthorized access, use, or disclosure. This can involve encryption, access controls, regular security audits, and training employees on data protection best practices. Password security involves using strong and unique passwords to protect online accounts. A strong password typically includes a combination of uppercase and lowercase letters, numbers, and special characters.

Cryptocurrencies Available

VOYAGER supports trading of over 60 cryptocurrencies, which is indeed a large number compared to some other US-based exchanges. Some of the cryptocurrencies available for trading on VOYAGER include:

- Bitcoin (BTC)

- Ethereum (ETH)

- Chainlink (LINK)

- Uniswap (UNI)

- Cardano (ADA)

- Polkadot (DOT)

- Dogecoin (DOGE)

These are just a few examples, and there are many more cryptocurrencies supported by VOYAGER. The availability of a diverse range of cryptocurrencies enables users to have more options for trading and investing on the platform.

Other Services

Voyager Digital, a cryptocurrency exchange and brokerage firm, offered a variety of trading products and services before its bankruptcy filing in July 2022. These products included:

Staking: Voyager Digital offered a staking service that allowed users to earn rewards by holding certain cryptocurrencies. For example, users could earn rewards by staking Tezos (XTZ) or Cosmos (ATOM). The rewards were paid out in the form of additional cryptocurrency.

Brokerage services: Voyager Digital also acted as a cryptocurrency broker, providing institutional investors with access to over-the-counter (OTC) trading, custody services, and other institutional-grade offerings.

Mobile app: Voyager Digital offered a mobile app that allowed users to trade cryptocurrencies, stake assets, and manage their accounts on the go.

24/7 customer support: Voyager Digital offered 24/7 customer support via email, live chat, and telephone.

Educational resources: Voyager Digital offered a variety of educational resources, including articles, videos, and webinars, to help users learn about cryptocurrency trading and investing.

Voyager Digital was a popular choice for cryptocurrency investors of all levels of experience. The platform offered a user-friendly interface, a wide range of trading products, and competitive fees. However, the company's bankruptcy filing in July 2022 has cast uncertainty over the future of its trading products and services.

If you are interested in learning more about Voyager Digital, you can visit the company's website or contact customer support. However, it is important to be aware of the recent bankruptcy filing and the potential risks involved in using Voyager Digital's services.

Fees

Voyager does not charge any commission fees for trades placed on their platform. Instead, they utilize their Smart Order Router to reduce cost inefficiencies and potentially find lower prices for your orders. This can help save you money on your trades.

However, it's important to note that there is a fee associated with withdrawing crypto to an external wallet. The specific fee will depend on the coin you're withdrawing, and it is charged as a flat fee.

Apart from the withdrawal fee, there are no fees to use Voyager, which is a notable benefit. Nevertheless, it's worth mentioning that there is a minimum balance requirement of $10 for all accounts. This means you need to maintain at least a $10 balance in your Voyager account.

How to open an account？

To create an account on the Voyager Digital website, follow these steps:

• Start by visiting the Voyager Digital website at https://www.investvoyager.com/.
• Once on the website, locate and click on the “Create Account” button.
• You will be prompted to enter your email address, create a password, and specify your country of residence.
• Before proceeding, be sure to review and agree to the platform's Terms of Service and Privacy Policy.
• Voyager Digital will send you a verification email. To verify your email address, simply click on the link provided in the email.
• Next, you'll need to complete the KYC (Know Your Customer) verification process. This requires you to provide personal information, including your full name, date of birth, and country of residence. You will also be asked to upload a copy of a government-issued ID for verification purposes.
• Once your KYC verification is successfully completed, you will gain access to your Voyager Digital account. At this point, you can proceed to deposit funds into your account and commence your trading activities.

How to buy Cryptos？

To purchase cryptocurrencies on Voyager Digital, follow these steps:

1. Create an Account and Verify Your Identity: Begin by visiting the Voyager Digital website and clicking on the “Sign Up” option. Provide your email address, create a secure password, and agree to the terms of service. Confirm your email address by clicking on the verification link sent to your inbox. Additionally, you'll need to complete identity verification by submitting a government-issued ID and proof of residency.

2. Deposit Funds: Once your account has been successfully verified, you can proceed to deposit funds into your Voyager Digital account. There are multiple deposit methods available, including bank transfers, credit cards, and debit cards.

3. Purchase Cryptocurrencies: Navigate to the “Trading” section, where you can select the cryptocurrency you wish to purchase. Specify the amount of cryptocurrency you want to acquire and review the order details. Execute the trade by clicking the “Buy” button.

4. Store Your Cryptocurrencies: After your cryptocurrency purchase, your digital assets will be securely stored in your Voyager Digital wallet. You have the option to hold your cryptocurrencies in your Voyager Digital wallet for long-term investment or transfer them to another wallet for future use.

Please be aware that cryptocurrency prices can be highly volatile, and investing in cryptocurrencies carries inherent risks. It is crucial to conduct thorough research and comprehend these risks before making any investment decisions.

Funding Methods

The unavailability of the website of VOYAGR makes it impossible to gather information about their funding methods. The website is typically a primary source of information that provides details about a companys funding sources, such as investors, grants, loans, or other forms of financial support. Without access to this information on their website, it becomes challenging to learn specifically how VOYAGR is funded.

Compare to Other Cryptocurrency Exchanges

Is VOYAGER good for you？

VOYAGER appears to be a promising cryptocurrency exchange, particularly for users in the United States. It boasts several advantages, such as being regulated by reputable authorities like NMLS and DFL, offering a wide selection of over 60 cryptocurrencies, and providing commission-free crypto trading, which can be cost-effective for traders. The platform's security measures, including 2-factor authentication and a commitment to data protection, enhance user confidence. However, the unavailability of their website and the limitation of services to the U.S. may pose challenges for potential international users. In summary, VOYAGER seems to offer a secure and user-friendly trading environment with competitive fees, but its accessibility and availability outside the U.S. could be improved.

Frequently Asked Questions (FAQs)

Is VOYAGER regulated？

Yes. It is regulated by NMLS and DFL.

At VOYAGER, are there any regional restrictions for traders？

Yes. U.S. citizens are restricted from using VOYAGER in the United States.

Can Traders Withdraw Crypto from VOYAGER？

Yes.

What kinds of cryptocurrencies VOYAGER offers？

It offers 60 cryptocurrencies including bitcoin, cardano, chainlink and so on.