No Regulation

Score

0123456789.01234567890123456789
/10

ADVcash

Belize

|

10-15 years

Suspicious Regulatory License|

Medium potential risk

https://advcash.com/en

Website

Rating Index
Influence

Influence

AA

Influence Index NO.1

Russia 7.85

Better than 98.83% exchange(s)

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Influence
AA

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

Exchange Info

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Company Name
ADVcash
Phone of the company
44 2039 6615 42
Customer Service Email Address
--

WikiBit Risk Alerts

1
Previous Detection 2024-07-25

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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Time Machine

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Yesterday Vol

7 Days

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User Reviews

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6 ratings

Participate in evaluation
FX1701701028
The user interface of ADVcash is very poor and the operation is not smooth at all. Moreover, their transaction fees are too high, which I cannot accept. I am really disappointed.
2024-01-14 10:40
3
FX1929322412
ADVcash's security is top-notch. But trading fees can dig into your profits, which really grinds my gears.
2024-03-21 23:24
1
FX2019440438
ADVcash's transaction fees are very low, making it convenient for users to conduct transactions. In addition, its user interface is very simple, making it easy for novices to get started. Really recommend it to everyone!
2023-12-20 01:34
3
Wei Kiat
ADVcash is a game changer! Its innovative approach and technology make transactions a breeze. Plus, the user interface is super intuitive. Kudos to the team!
2024-05-06 02:17
6
FX1107408092
ADVcash is an absolutely fantastic cryptocurrency exchange! One of its highlights is the fast withdrawal and deposit speed, which is as fast as lightning. The most notable feature of this exchange is its clear and concise interface, making it very user-friendly. Even beginners can easily get started. Coupled with reasonable fees, it is truly the preferred trading platform for investors!
2024-04-15 16:37
5
Yueh
ADVcash's transaction fees are very low, making it convenient for users to conduct transactions. In addition, its user interface is very simple, making it easy for novices to get started. Really recommend it to everyone!
2023-12-10 05:18
3
Registered Country/Area Canada
Founded year 2014
Regulatory Authority Not regulated
Cryptocurrencies offered BTC, ETH, LTC, XRP, BCH, BNB, ZEC, TRX, USDC, USDT
Trading Platforms Web-based platform
Deposit & Withdrawal Bank wire transfer, credit/debit card, SEPA transfer, cryptocurrencies
Fees Vary (refer to the details in the article)
Customer Support Email: support@Advcash.com, business@advcash.com, media@advcash.com, business@advcash.com; Facebook, LinkeIn, Twitter, Telegram, Instagram, 24/7 live agent chat and ticket support; phone: +357 222 222 76; address: 50 Carroll Street, Toronto, Ontario, M4M3G3, Canada.

Overview of Advcash

Advcash is a virtual currency exchange platform that was founded in 2014. It is registered in Canada and offers trading services for various cryptocurrencies, including BTC, ETH, LTC, XRP, BCH, BNB, ZEC, TRX, USDC, USDT. Advcash does not operate under the regulation of any specific authority.

It offers a user-friendly web-based trading platform, which can be accessed from any device with an internet connection.

Regarding deposit and withdrawal options, Advcash supports bank wire transfers, credit/debit card transactions, and cryptocurrencies. This provides users with flexibility in managing their funds.

Advcash-home-page

Pros and Cons

Pros Cons
• Wide range of available cryptocurrencies • Not regulated by any specific authority
• Additional services such as AdvCash card
• User-friendly web-based trading platform

Pros

One of the advantages of using Advcash is its wide range of available cryptocurrencies. Users have the opportunity to trade popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Zcash, and Ripple. This allows users to diversify their investment portfolio and potentially benefit from different market opportunities.

Another positive aspect of AdvCash is that it offers additional services such as the AdvCash card, providing a comprehensive solution for users who want to trade cryptocurrencies and also have immediate access to their funds.

Advcash also provides a user-friendly web-based trading platform. This platform can be accessed from any device with an internet connection, offering convenience and accessibility to users. The intuitive interface and useful trading tools make it easier for users to navigate the platform and execute their trades effectively.

Cons

One drawback of Advcash is that it is not regulated by any specific authority. This means that there is no external oversight or protection for users in case of any disputes or issues with the platform.

Regulatory Authority

Advcash operates as an unregulated virtual currency exchange. The lack of external regulation can have certain disadvantages for traders, such as a potential risk of fraud, mismanagement of funds, or other illicit activities.

For traders considering using an unregulated exchange like Advcash, it is important to exercise caution and take certain precautions. We advise you to start with small trading volumes and gradually increase exposure to minimize potential risks. Additionally, you should consider utilizing cold wallets or offline storage options for storing cryptocurrencies as this provides an added layer of security.

Security

Advcash has implemented several security measures to protect the assets and information of its users. These measures include two-factor authentication (2FA), which adds an extra layer of security to user accounts. Users can enable 2FA to ensure that only authorized individuals can access their accounts.

Furthermore, Advcash utilizes encryption protocols to secure user data and communication. This helps prevent unauthorized access and ensures the confidentiality of sensitive information.

To enhance security, users should enable all available security features, such as 2FA and strong passwords. It is also important to keep personal information confidential and to be wary of phishing attempts or suspicious emails.

Security

Trading Markets

Advanced Cash, also known as AdvCash, offers a wide array of cryptocurrencies.

First off is Bitcoin (BTC), the original cryptocurrency, and then there's Ethereum (ETH), a leading altcoin that introduced smart contracts into the crypto space. Litecoin (LTC) and Bitcoin Cash (BCH) are both notable for their reduced transaction times.

Ripple (XRP), which is known for being fast and for its role in international banking. Binance Coin (BNB) has its unique ecosystem on the Binance platform. Zcash (ZEC) stands out with its focus on privacy. Tron (TRX) is known for its blockchain-based digital entertainment protocols.

Furthermore, AdvCash also allows the trading of stablecoins such as USD Coin (USDC) and Tether (USDT), which are tied to the value of a U.S. dollar, thus providing a stable value in the volatile crypto market.

Trading Market

Advcash Cards

AdvCash offers a variety of card options for its users.

For residents in the EU, AdvCash provides the ADV Europe Plastic card in EUR and USD, compatible with Visa and MasterCard without any monthly maintenance fees. They also offer instant loads from fiat AdvCash accounts.

Additionally, a virtual version of the card is available, known as ADV Europe Virtual card, in EUR and USD.

For international users, AdvCash presents the ADV Global plastic card, available in USD. This card is compatible with UnionPay and Mastercard, has free courier delivery and doesn't levy any fee on POS payments in USD.

Lastly, the ADV Global Plus card is a plastic Visa card in USD available in most supported countries. It comes with perks such as free courier delivery, no ATM/POS card limits, and the advantage of instant loads from fiat AdvCash e-wallets.

Advcash cards
Advcash cards

How to Open an Account?

The registration process of Advcash involves the following steps:

1. Visit the Advcash website and click on the “Sign Up” button.

    click on the Sign Up button

    2. Fill in the required personal information, such as your name and email. And if you have any intention of using your Advcash Account for business purposes, you should choose a Business option.

    fill in required info

    3. Create a secure password for your account.

    4. Then drag the slider to the right and click the Register button.

    5. Click on the link in your email to verify your account, then you can start funding your account and begin trading on the platform.

    How to Buy Cryptos

    - With Advcash wallet:

1. Go to the Buy Crypto section, then select the With wallet tab.

2. Select the wallet that will be used to pay for the purchase, then select the desired cryptocurrency from the drop-down list.

3. After selecting the crypto asset, the Address field will appear. Enter the address of your wallet.

4. Enter the amount you want to spend. The number of coins will be calculated automatically.

5. Click the green Continue button and confirm your consent to purchase the specified number of coins. After the transaction is completed, the coins will be sent to your wallet. Average transaction processing time is shown above the form where you enter payment information.

- With a credit or debit card:

  • In your Advcash account, go to the Buy Crypto, then select the With Visa/MC tab.

  • Enter the amount you want to spend, and select your chosen cryptocurrency from the drop-down list. Click Select next to the asset you want to purchase.

  • The number of coins will be calculated automatically. Enter the wallet address the cryptocurrency will be sent to. Then select one of the linked cards by clicking the green Select button next to it, or add a new card.

  • After the transaction is completed, the coins will be sent to your wallet. Average transaction processing time is shown above the form where you enter payment information.

    • Fees

      Account load Currency Fee
      Transfer from personal account USD, EUR, GBP, BRL, TRY, UAH, KZT, VND FREE
      SEPA transfer EUR from 3.5 EUR
      Visa/Mastercard cards USD, EUR, GBP, KZT 3.5%
      USDT, USDC ERC20, TRC20, BSC BEP20 1 USD
      Cryptocurrencies BTC, ETH, LTC, BCH, XRP, ZEC, TRX, BNB Internal exchange rate
      Crypto wallets BTC, ETH, USDT, USDC FREE

      There is no fee for opening or closing an account, verification, monthly or annual maintenance.

      If you're transferring from a personal account, the platform accepts multiple currencies including USD, EUR, GBP, BRL, TRY, UAH, KZT, and VND. Notably, there is no fee associated with transfers from a personal account; it's completely free.

      For those looking to use SEPA transfers, the platform exclusively supports the EUR currency. Every SEPA transfer made incurs a fee from 3.5 EUR.

      If you're depositing from Visa or Mastercard cards, the accepted currencies are USD, EUR, GBP, and KZT. For such transactions, the platform charges a fee, which is 3.5% of the total amount being transferred.

      When it comes to stablecoin cryptocurrencies like USDT, USDC, and BUSD, the platform recognizes various blockchain platforms, specifically ERC20, TRC20, and BSC BEP20. A fixed fee of 1 USD is imposed for each transfer involving these stablecoins.

      For other cryptocurrency transfers, such as those involving BTC, ETH, LTC, BCH, XRP, ZEC, TRX, and BNB, the fee isn't a fixed amount or percentage. Instead, it's determined by the platform's internal exchange rate, which suggests that the fee might vary based on prevailing market conditions or the platform's own rate calculations.

      Fees

      Deposit & Withdrawal

      Advcash offers multiple payment options, including transfer to personal account, SEPA transfer, local bank transfers, Visa/Mastercard cards and cryptocurrencies. Withdrawal fees vary on the payment method. More details can be found in the table below:

      Account Withdrawal Currency Fee
      Transfer to personal account USD, EUR, GBP, BRL, TRY, UAH, KZT, VND FREE
      SEPA transfer EUR from 3.5 EUR
      Local bank transfers ARS, AUD, BDT, BRL, COP, DOP, HKD, INR, IDR, JPY, MYR, NPR, NZD, PKR, PHP, SGD, ZAR, KRW, LKR, THB, TRY, VND from 0.5%
      Visa/Mastercard cards USD 2.5% + 3.5 USD
      EUR 2.5% + 3.5 EUR
      Visa/MC cards in Kazakhstan KZT 2.5% + 500 KZT
      USDT, USDC, BUSD ERC20 0.5% + 5.5 USD
      TRC20 0.5% + 3.5 USD
      BSC BEP20 0.5% + 1.5 USD
      Cryptocurrencies BTC, ETH, LTC, BCH, XRP, ZEC, TRX, BNB Internal exchange rate
      Crypto wallets BTC, ETH, USDT, USDC Internal network fee
      Deposit & Withdrawal

      Is AdvCash a Good Exchange for You?

    AdvCash offers an extensive selection of cryptocurrencies, outdoing many other exchanges that primarily focus on traditional fiat currencies. It is the best exchange for tech-savvy users interested in a diverse array of digital asset investment options with the added stability of USD-pegged stablecoins.

    AdvCash also highlights its wide array of withdrawal and deposit methods, offering traditional methods like bank transfers and modern approaches like cryptocurrencies. It is the best exchange for businesses seeking flexible solutions to facilitate their crypto trading activities.

      Conclusion

      In conclusion, AdvCash is a versatile cryptocurrency trading platform, established in Canada in 2014. It offers a comprehensive range of cryptocurrencies for trading, including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash among others. Additionally, AdvCash provides flexible deposit and withdrawal methods, allowing users to choose between bank transfers, credit/debit card transactions, and cryptocurrencies. AdvCash also stands out with its ancillary offerings, such as the AdvCash card, and its user-friendly web-based trading platform accessible on any device.

      However, AdvCash operates without specific regulatory oversight, which imposes some risks. As such, we recommed interested traders to make investigations before committing any actual trading with this exchange like they do with any other platforms.

      Exchange Comparison

      Exchange Advcash Huobi Coinbase
      Fees Vary 0.2% 0% - 3.99%
      Supported Cryptocurrencies Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash, Ripple, etc. 700+ 200+
      Website advcash.com huobi.com coinbase.com

      Advcash:

      Advcash is more suitable for users who prioritize simplicity and ease of use. It's a user-friendly platform that offers a straightforward interface for buying, selling, and managing cryptocurrencies. It's a good option for beginners or casual traders who are looking for a hassle-free experience without the complexity of advanced trading features. Advcash's focus on convenience and accessibility makes it suitable for those who want a simple way to enter the world of cryptocurrencies.

      Huobi:

      Huobi is a better fit for experienced traders who are looking for a wide range of trading options and advanced features. With its comprehensive platform, Huobi caters to both beginners and experts. It offers a variety of cryptocurrencies for trading, advanced order types, and various trading pairs. This exchange is suitable for traders who want to engage in active trading, take advantage of market volatility, and utilize advanced tools for technical analysis.

      Coinbase:

      Coinbase is ideal for newcomers to the cryptocurrency space who prioritize regulatory compliance and security. It offers an easy-to-use platform, making it perfect for beginners who want a reliable and user-friendly way to buy and sell cryptocurrencies. Coinbase is also known for its strong security measures and regulatory adherence, making it suitable for users who prioritize safety and compliance with regulations.

      In summary, choose Advcash if you're a beginner seeking simplicity, Huobi if you're an experienced trader looking for advanced features, and Coinbase if you're new to cryptocurrencies and value regulatory compliance and security.

      Advash User Review

      User 1(murielbe69): The service is well-known to many. I, in principle, also learned about it from the reviews. Tried it and wasn't disappointed. Everything is top-notch here.

      User 2(CharlesRot): As an electronic payment system, Advcash will be a good option for transferring money and making payments. This situation is needed when a regular bank account does not work. There are also Advcash debit cards, but I do not recommend them, large commissions.

      User 3(brigettepollack20): About a year ago I opened it for one translation. Recently remembered, and began to use. What I want to say, I am satisfied, I will continue. Advcash was pleased with the quality.

      FAQs

      Q: What cryptocurrencies are available for trading on Advcash?

      A: Advcash offers a wide selection of popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Zecashand Ripple etc.

      Q: What are the deposit and withdrawal methods on Advcash?

      A: Advcash provides flexible options for deposits, including bank wire transfers, SEPA transfers, credit/debit cards, and cryptocurrencies.

      Q: Is Advcash regulated?

      A: No, it's been verified that the company is not under any valid regulation so far.

      Q: What kind of other services does Advcash offer?

      A: Advcash also offers Advcash cards for clients from different regions.

      Risk Warning

      Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities.

      Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.