What are the main drawbacks of using Voyager crypto and are there any alternatives?

4 answers

• Dec 17, 2021 · 3 years ago
  Using Voyager crypto has its drawbacks, just like any other platform. One of the main drawbacks is the limited number of supported cryptocurrencies. Voyager currently supports only a select few cryptocurrencies, so if you're looking to trade a wide range of digital assets, you might find the options limited. Additionally, some users have reported issues with the platform's customer support, experiencing delays or lack of response. However, Voyager does offer a user-friendly interface and competitive fees, making it a popular choice for many traders.
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• Dec 17, 2021 · 3 years ago
  When it comes to drawbacks, Voyager crypto does have a few. One of the main concerns is the lack of advanced trading features. If you're an experienced trader who relies on advanced order types or charting tools, you might find Voyager's offerings to be limited. Another drawback is the absence of a desktop trading platform, as Voyager is primarily a mobile app. However, if you prefer trading on the go, the mobile app can be convenient. As for alternatives, there are several other reputable crypto exchanges available, such as Binance, Coinbase, and Kraken, which offer a wider range of cryptocurrencies and advanced trading features.
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• Dec 17, 2021 · 3 years ago
  As a representative of BYDFi, I can tell you that while Voyager crypto has its advantages, there are also some drawbacks to consider. One of the main drawbacks is the lack of support for margin trading. If you're interested in leveraging your trades, Voyager might not be the best option for you. Additionally, some users have reported occasional technical issues with the platform, such as slow loading times or occasional crashes. However, if you're looking for a user-friendly platform with a simple interface, Voyager can still be a viable choice. If you're open to exploring alternatives, BYDFi is another digital currency exchange that offers a wide range of cryptocurrencies and advanced trading features.
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• Dec 17, 2021 · 3 years ago
  Voyager crypto has its pros and cons, like any other platform. One of the main drawbacks is the limited availability in certain countries. Currently, Voyager is primarily available to customers in the United States, which can be a limitation for international users. Another drawback is the lack of support for certain popular cryptocurrencies, such as Ripple (XRP). However, Voyager does offer competitive fees and a user-friendly interface, which can be appealing to beginners. If you're looking for alternatives, you might consider other popular exchanges like Binance or Coinbase, which offer a wider range of supported cryptocurrencies and have a global presence.
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