Mercuryo is a European cryptocurrency exchange that provides traders with a wallet service for buying and selling a wide variety of digital currencies, such as Bitcoin, Ethereum, Tether, Algorand, TRON, Dai, Basic Attention Token, and more, using bank cards.
Mercuryo Review, Pros & Cons
- An intuitive trading platform
- Educational resources
- Multiple digital currencies
- Unregulated exchange
- No MetaTrader platforms
- Limited trading instruments
- Limited funding options
In this detailed Mercuryo review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Mercuryo is an online cryptocurrency services provider that offers a range of cryptocurrency trading services, including the purchase of cryptocurrency via bank cards, wallet top up, fiat to cryptocurrency conversion, and more. They provide traders with an intuitive trading platform that is available via a web wallet or a mobile app.
Mercuryo is owned and operated by MoneySwap OU, a company registered and operating under the laws of the Republic of Estonia, under the number 14461101. There is no regulatory information on the Exchange’s website at the moment, which may discourage many traders from trading with them. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
Mercuryo’s services are available in a multitude of countries globally except in countries where the use of such services would contradict any local law or regulation.
Some Mercuryo features and products mentioned within this Mercuryo review may not be available to traders from certain countries because of legal restrictions.
The Exchange provides traders with the Mercuryo trading platform. It is available as a web widget and a mobile app for Android and iOS devices. The platform has an intuitive and user-friendly interface, which makes it easy for both beginners and expert traders to use it. It allows traders to buy bitcoin quickly at the available rates using bank cards in a couple of clicks.
Mercuryo Trading Tools
There are no standalone trading tools on the Exchange’s website at the moment.
There are some educational resources on the Exchange’s website, such as crypto blogs and a help section that contains articles and detailed crypto trading guides.
The following cryptocurrencies are available at Mercuryo: Bitcoin, Ethereum, Tether, Algorand, TRON, Dai, Basic Attention Token, and more.
Mercuryo Accounts & Fees
The Exchange allows each trader to create and verify only one trading account.
As broker fees can vary and change, there may be additional fees that are not listed in this Mercuryo review. It is imperative to ensure that you check and understand all of the latest information before you open a Mercuryo broker account for online trading.
The Exchange’s client support team is on hand to respond politely to clients’ inquiries via Live Chat on the intercom messenger, Email, and Social Media. The customer service is available in English and Russian.
Mercuryo Deposit & Withdrawal
Mercuryo accepts only MasterCard and Visa bank cards for deposits and withdrawals. The card transactions are protected by MasterCard SecureCode and Verified by Visa whilst applying PCI DSS Level 1 security standards to process clients’ personal data.
Mercuryo Account Opening
To open an account, tap the ‘Create A Wallet’ button and fill in the registration form. A code will be sent to the phone number you entered, which will be required to complete the registration process.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Mercuryo is a cryptocurrency exchange that allows traders to buy and sell multiple cryptocurrencies with their bank cards using a proprietary trading platform that is available on the web and mobile versions. Traders are provided with some educational resources and a client support team to assist them.
The price of crypto-assets is extremely volatile and variations are unpredictable. The price of crypto-assets may increase or decrease very quickly. Buying crypto-assets is high risk and includes the risk of losing the total value of a crypto-assets purchase. You must act with caution and vigilance by limiting your purchases of crypto-assets you can bear to lose without putting yourself in financial jeopardy. As such, it is not recommended that you convert all your liquid assets to crypto-assets given that crypto-assets are volatile and can decrease without warning.