SpectroCoin Reviews

spectrocoin stole my money! allegedly would be at one time verifications to long completed transactions needed to avoid money laundering! fact is 100euro are gone because they are not paid! never again! beware!

Translated from German. Show Original

spectrocoin hat mir mein geld gestohlen! angeblich würden aufeinmal verifikationen zu längst abgeschlossenen transaktionen nötig um geldwäasche zu vermeiden! fakt ist 100euro sind weg weil sie nicht ausgezahlt werden! nie wieder! vorsicht also!

Show English translation

SpectroCoin is a great starting point for beginners as it is very easy to use and offered in multiple languages. They currently offer Bitcoin, Ether, Dash and NEM and have a very large number of accepted fiat currencies and payment methods. I hope they soon implement price charts as it would provide a more dynamic feel to the website.

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It's definitely a legit service provider, one of the few crypto debit card companies that actually have a working prepaid card. However, pay attention to the fees as you are using the service. BTC withdrawal fees must be at least 0.002 which is labeled as a "network fee". However, we all know network fees are dynamic, moreover now (oct 2018) they are pretty low. Stay alert. Bypass the BTC fees by withdrawing altcoins, see details here: https://coinvigilance.com/spectrocoin-review/

While initially an excellent service, the verification harassment got worse and worse. From scanning documents to skype interviews to actual request about transactions without legal basis and the withholding of funds without legal basis. Avoid this service if possible.

The support was always polite and quick though.