A good broker to access a wide array of cryptocurrencies. It has a high-quality app to invest on the go, but the current long verification process is a ding on its credibility and trust in being able to handle a high volume of customers and orders.
Subsequently, what is Voyager Crypto?
Voyager Crypto is a commission-free cryptocurrency trading platform. This means that no matter if you’re buying or selling cryptocurrency, you’ll pay only the quoted price when you execute your order.
Besides, is Voyager better than Coinbase?
Voyager has way lower fees than Coinbase, offers interest on your Cryptocurrency holdings (albeit not much, Celsius offers much better interest on Crypto) while Coinbase doesn’t offer this for all but Tezos and a couple others, and the sign-up bonus is better/easier to get than Coinbase’s Sign-up bonus.
Does Voyager report to IRS?
Voyager Tax Reporting
You can generate your gains, losses, and income tax reports from your Voyager investing activity by connecting your account with CryptoTrader. Tax. Connect your account by importing your data through the method discussed below. Voyager exports a complete Transaction History file to all users.
We’re currently offering interest on the assets below when you hold a minimum monthly balance in your Voyager account. Ready to get the app & start earning interest? Interest on the account is variable. We announce our interest rate once per month on or before the first business day of each month.
Yes it trades strictly cryptocurrency though.
Right now, the business model creates revenue in two specific ways: Smart Order Routing: When you place an order to buy or sell a cryptocurrency, Voyager provides a listed price that you accept. It then connects your order to 12 exchanges.
Voyager… is a trusted Proof-of-Stake infrastructure provider and validator to comfortably stake your coins and earn rewards with Cardano.
Dogecoin (DOGE) is live on Voyager! We’re excited to welcome the DOGE community and introduce this fun new asset to our users.
According to the estimates compiled by CNN Business, all three analysts covering VYGVF stock have rated it as a buy or some equivalent. The stock’s median target price is $23.50, which is a discount of 9.6 percent over the current prices. Its highest target price is $43.72, while its lowest target price is $22.12.
BlockFi, when compared to Voyager, offers much better interest yields. BlockFi, therefore, serves you best as a crypto lending/ loan platform. Voyager, however, is a better choice for trading cryptocurrency.
Trading Fees & Hidden Charges:
Voyager claims to be 0-commission, and they are — however they have a hidden spread of around 0.1% -> 0.5% on most coins, lower for the big coins more for smaller coins, so effectively they’re not truly a no-fee exchange.