Rating: 5/5

SpectroCoin Review

SpectroCoin is an all-encompassing crypto platform. Do you want to know how? This review will let you know.

Introduction

SpectroCoin is the ultimate service for cryptocurrency lovers. It has an intuitive dashboard that lets people manage their funds, use a bitcoin wallet, and even buy bitcoins. The company recognizes that people may wish to store funds in cold storage or exchange, so it also offers several ways.

Based in Lithuania, the SpectroCoin cryptocurrency exchange focuses its services on a niche market. It offers a well-designed and functional platform with many interface features tailored to help users make the most of their experience. These include instant notifications of digital currency values and shortcodes for faster, more efficient customer service responses. But the platform’s accessibility and the ability to scale it affordably offer a great deal of upside for the company.

SpectroCoin

Just like MyConstant Review, it is a cryptocurrency exchange that offers more than just trading. In addition to buying and selling cryptocurrencies, it allows customers to send micropayments between each other, top up their debit cards with digital currency, and obtain loans backed by their digital assets.

What is SpectroCoin?

SpectroCoin is a multifaceted platform that offers digital wallets for multiple cryptocurrencies, including Bitcoin and Ethereum, as well as prepaid debit cards and loans. The platform also provides users with an online exchange to facilitate the buying and selling of cryptocurrencies.

The users can access their accounts via the SpectroCoin website and mobile app, available on all major mobile operating systems. Through the app, users can link a SpectroCoin account to their bank account for faster transfers, manage and withdraw funds, or buy bitcoin using the SpectroCoin virtual and physical cards.

It has the highest level of security among crypto exchanges, and it is one of the only crypto services that offer two-factor authentication. A 2FA system means that users can switch on an extra layer of security when they log in; in addition to a password, they receive confirmation from another device before they access their account.

It is like the other cryptocurrency companies, but what sets it apart is its International Bank Account Number, IBAN service. You can use your SpectroCoin account as an actual bank account, receiving and sending funds to anyone else’s IBAN. This service makes it a robust bitcoin wallet that gives investors peace of mind with its ability to store funds under their name. IBAN accounts are ideal for personal and business use, as they can be used for a wide range of transactions. They are recognized internationally and allow customers to do business with companies worldwide, making them highly versatile.

How does SpectroCoin work?

SpectroCoin provides banking, payment, and exchange services for cryptocurrencies. It is integrated with the blockchain–the decentralized system that gives cryptocurrencies value and utility–to provide fast and secure transactions across the web. SpectroCoin’s platform makes it easy to buy, sell, save, send, and receive crypto assets.

SpectroCoin is an all-encompassing way to manage, trade, or exchange your cryptocurrencies. The platform offers users bank transfers, prepaid debit cards – the SpectroCoin debit card – cryptocurrency storage, and digital currency exchange. These services are accessed through one convenient dashboard that makes it easy for users to manage their finances.

It combines the features you’d expect in a regular business platform with the features you might find on an investment platform, making it an all-in-one solution. As if that weren’t enough, SpectroCoin also provides QR codes for payment, making it easy to accept payments almost anywhere. 

Features and benefits of SpectroCoin

  1. SpectroCoin is an all-in-one cryptocurrency platform that offers everything a user needs in a single app. While it facilitates cryptocurrency exchange, its primary function as an app is to provide a secure and straightforward means of carrying out your transactions.
  2. SpectroCoin’s interface is straightforward to use – it effectively mimics the layout of exchanges for cryptocurrencies, where users can buy and sell coins. The company has positioned itself as a trading platform for coins and tokens, making it easier for consumers to engage with the industry.
  3. It offers a fiat gateway for cryptocurrency users, which means that you can fill your account with nearly any currency, including U.S. Dollars, Euros, and British Pounds.
  4. SpectroCoin’s prepaid debit card is a valuable business tool, making it easier for merchants to accept and transfer cryptocurrency. The card can be used like any other debit card and doubles as a cryptocurrency wallet, allowing you to store coins like Bitcoin securely and conveniently.
  5. It not only provides a storage solution for cryptocurrencies but also provides exchange and payment options for merchants. Each of these functionalities is specifically designed to cater to the needs of both retailers and the cryptocurrency community.

Services

  1. Crypto Trading

SpectroCoin features an instant buying and selling feature that streamlines the buying and selling process for top cryptocurrencies. The feature makes full use of APIs to facilitate the movement of funds between SpectroCoin wallets, exchanges, and the instant purchase or sale of digital assets. SpectroCoin is a versatile wallet, letting users store and spend many cryptocurrencies. The app’s flexibility allows users to shift between crypto assets, and it even lets them instantly convert currencies into fiat if necessary.

  1. Exchange

The exchange allows users to trade using the BNK token, the only cryptocurrency supported in the exchange. You can make an Ethereum exchange with BNK or trade with any cryptocurrency accepted by the exchange and pay no SpectroCoin fees.

SpectroCoin offers users a variety of ways to store their digital currencies. With the free membership, users can trade their cryptocurrency and fiat currencies through an exchange or a prepaid debit card. The SpectroCoin Pro membership has advanced trading features that help users track the crypto market and decide where to invest.

Crypto Borrow

The brokerage platform allows crypto loans. The system issues digital loans based on the collateral of customers’ blockchain assets. When you take a loan, the loan amount is deducted from your wallet and sent to the lender, who then returns it once it is repaid. SpectroCoin offers crypto loans in Bitcoin, Ethereum, Euro, and more. Users can take out a loan with any or all of these currencies and pay it back over time with interest. SpectroCoin takes care of automating payments, interest rates, and transfer payments to your bank account so you are never left wondering where your money is. With zero prepayment penalties for your cryptocurrency loans, you can set up automatic payments to fulfill your obligations or pay off the loan at any time. Users are also given an option to choose the duration of their crypto loans. 

Cryptocurrencies supported

Cryptocurrencies supported by the platform include:

  • Bitcoin
  • Ethereum
  • Stellar
  • Tether
  • Litecoin
  • Ripples
  • Paxos Standard
  • Nem
  • Zcash
  • Bankera
  • Dash
  • Binance coin
  • True USD

SpectroCoin interest rates

SpectroCoin’s lowest interest rates are from 4.98% to 25% LTV. At the same time, the common interest rates range from 7.66% to 50% LTV. In comparison, the maximum is 11.49% to 75% LTV.

Wallet

The SpectroCoin wallet is accessible to many of its users. The mobile app wallet provides users access to the instant buy/sell and debit card features.

Users can store and manage their exchange holdings in the wallet at any time, on the go. 

Mobile & App

SpectroCoin offers a mobile app that allows you to take a piece of the experience with them anywhere. The app is available on iOS and Android smartphones, and the brand encourages users to download the app and get access to all the features. 

How to Create a SpectroCoin Account?

Setting up an account with the platform is as easy as creating a G-mail account. All you need to do is enter your email address, verify your account through the link sent to your email address, and you’re ready to start your SpectraCoin journey. You can also sign in to the platform with your Facebook or Google accounts. Additionally, phone verification is also available, which ensures security and the safekeeping of personal information.

Is SpectroCoin legit?

Yes, SpectroCoin is legit. A digital wallet allows you to buy, sell, and store cryptocurrencies easily. This wallet was established in 2013, and it has assisted over half a million people. If you reside in one of the nations where SpectroCoin operates, it should be something to consider before you finalize your cryptocurrency exchange.

Contact & Support

Get in touch with SpectroCoin via helpdesk@spectrocoin.com or through our live chat. Their team of live support agents will be glad to help you.

Get in touch

Phone: +372 683 8000

Email: helpdesk@SpectroCoin.com

Address: Narva mnt 7b-509, Tallinn 10117, Estonia 

Conclusion

SpectroCoin is a powerful digital solutions provider that offers currency exchange and a wallet. Many find it the best option available due to its simple, fast, and user-friendly interface across all devices. The company does not charge any commission fees for transactions, which makes it a top choice for those looking for digital solutions for their online and mobile needs. SpectroCoin offers a wide variety of features and services, with no other service provider offering the same level of functionality; it is an all-in-one solution for cryptocurrency. The app enables users to store coins and buy and sell BTC directly from their mobile phones, making it one of the best crypto sites. The app is available on both IOS and Android stores.

Author: Rudolph Taylor
Site Editor at CoinLive.io
Rudolph Taylor is Editor-in-Chief at Coinlive.io which is located at Wymondham in Norfolk, United Kingdom. His main job is writing about cryptography to keep his readers updated on current trends and industry news in detail. Rudolph has been able to achieve this in the past few years by providing well-structured write-ups.

Frequently Asked Questions

1. Is SpectroCoin safe?

Hundreds of thousands of customers have trusted SpectroCoin since 2013. It has built a reputation for consistency and safety, as well as prompt customer support. SpectroCoin is dependable, with a track record of years of consistent growth and millions of worldwide users. SpectroCoin has a sterling reputation as a reputable, safe, and secure virtual currency solutions provider. The company maintains a secure environment with the help of IT experts and a dedicated team of developers.

2. Is SpectroCoin a wallet?

SpectroCoin is a convenient, secure, easy-to-use digital wallet that allows you to trade and invest in blockchain assets. With detailed financial information and investment tools, the platform has been praised by users for its ease of use and simplicity.

3. How do you buy bitcoins on SpectroCoin?

Buying Bitcoin is simple with SpectroCoin. Once you've created an account, top it off with any payment method to fund your account. Use the link to exchange your fiat currency for Bitcoin or other cryptocurrencies near the top of the page, then send your Bitcoin from your account back to an exchange like Coinloan or Youhodler, where you can convert them into the altcoins you want.