Magnum Wallet vs SpectroCoin Comparison

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Company
User rating User rating 4 / 5 1 user review User rating 2.8 / 5 29 user reviews
Cryptogeek rating Cryptogeek rating 0 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 2.09 / 5 Trust Score 3.49 / 5

About

Magnum Wallet is a multicurrency non-custodial wallet service. Designed for those who wish to manage their crypto portfolio in a secure and convenient interface, it also lets the user earn rewards through staking or by claiming forks and bounty airdrops. As part of their “Multiply Your Funds” paradigm, the team is always on the lookout for new ways to benefit the users. Combined with the multitude of supported coins & tokens, exchange capabilities and support of hardware wallets, this makes Magnum the all-in-one cryptocurrency wallet.
SpectroCoin is a web-based crypto multi-currency wallet initially established as a cryptocurrency exchange in 2013. SpectroCoin provides numerous payment options and offers an original prepaid VISA debit card applicable for shops and ATMs. The other features of SpectroCoin are the currency exchange platform and providing payment solutions to merchants. The wallet is available in around 150 countries. SpectroCoin wallet is rather more convenient for EU users than the residents of the USA. The supported cryptocurrencies are Bitcoin, Dash, Ethereum, Litecoin, Ripple, Tether, and so on. Moreover, users may store 30 fiat currencies (USD, EUR, and others). The total number of supported cryptocurrencies is 14.

Founding Date

No data 2013

Country

No data United Kingdom

Languages

No data English

Wallet type

No data Software wallet

Storage type

No data Cold wallet

Private keys

No data Not available

Available coins

0 17 - Bitcoin (BTC), Basic Attention Token (BAT), Zcash (ZEC), Dogecoin (DOGE), 0x (ZRX), USD Coin (USDC), Ripple (XRP), Dash (DASH), Ethereum (ETH), Litecoin (LTC), NEM (XEM), Stellar (XLM), Tether (USDT), Matic Network (MATIC), Algorand (ALGO), TrueUSD (TUSD), Paxos Standard (PAX)

Security

Personal Third Party Encrypted

Anonymity

High Low

Ease of use

Easy Average

Has attached card

no no

Has trading facilities

yes yes

Has vouchers and offers

No data yes

Features

Open Source 2 Factor Authentication
About
Magnum Wallet is a multicurrency non-custodial wallet service. Designed for those who wish to manage their crypto portfolio in a secure and convenient interface, it also lets the user earn rewards through staking or by claiming forks and bounty airdrops. As part of their “Multiply Your Funds” paradigm, the team is always on the lookout for new ways to benefit the users. Combined with the multitude of supported coins & tokens, exchange capabilities and support of hardware wallets, this makes Magnum the all-in-one cryptocurrency wallet.
SpectroCoin is a web-based crypto multi-currency wallet initially established as a cryptocurrency exchange in 2013. SpectroCoin provides numerous payment options and offers an original prepaid VISA debit card applicable for shops and ATMs. The other features of SpectroCoin are the currency exchange platform and providing payment solutions to merchants. The wallet is available in around 150 countries. SpectroCoin wallet is rather more convenient for EU users than the residents of the USA. The supported cryptocurrencies are Bitcoin, Dash, Ethereum, Litecoin, Ripple, Tether, and so on. Moreover, users may store 30 fiat currencies (USD, EUR, and others). The total number of supported cryptocurrencies is 14.
Founding Date Founding Date No data Founding Date 2013
Country Country No data Country United Kingdom
Languages Languages No data Languages English
Wallet type Wallet type No data Wallet type Software wallet
Storage type Storage type No data Storage type Cold wallet
Private keys Private keys No data Private keys Not available
Available coins Available coins 0 Available coins 17 - Bitcoin (BTC), Basic Attention Token (BAT), Zcash (ZEC), Dogecoin (DOGE), 0x (ZRX), USD Coin (USDC), Ripple (XRP), Dash (DASH), Ethereum (ETH), Litecoin (LTC), NEM (XEM), Stellar (XLM), Tether (USDT), Matic Network (MATIC), Algorand (ALGO), TrueUSD (TUSD), Paxos Standard (PAX)
Security Security Personal Security Third Party Encrypted
Anonymity Anonymity High Anonymity Low
Ease of use Ease of use Easy Ease of use Average
Has attached card Has attached card no Has attached card no
Has trading facilities Has trading facilities yes Has trading facilities yes
Has vouchers and offers Has vouchers and offers No data Has vouchers and offers yes
Features Features Open Source Features 2 Factor Authentication

Social

Website

magnumwallet.co spectrocoin.com

Twitter

No data @spectrocoin
Website Website magnumwallet.co Website spectrocoin.com
Twitter Twitter No data Twitter @spectrocoin

Advantages

- - The platform provides its own debit card - The support of numerous fiat currencies - Numerous API options

Disadvantages

- - Relatively high fees - Too few info about the security measures

Rating

User rating User rating 4 / 5 1 user review User rating 2.8 / 5 29 user reviews
Cryptogeek rating Cryptogeek rating 0 / 5 Cryptogeek rating 4 / 5
Advantages Advantages - Advantages - The platform provides its own debit card - The support of numerous fiat currencies - Numerous API options
Disadvantages Disadvantages - Disadvantages - Relatively high fees - Too few info about the security measures

Magnum Wallet user rating is 4, based on 1 user reviews. SpectroCoin user rating is 2.8, based on 29 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
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Trust Score: 3.49 / 5
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Magnum Wallet vs SpectroCoin - Which Wallet Is Better in 2024?

This Magnum Wallet vs SpectroCoin comparison is based on the most recent data on both companies. We do our best to provide you with unbiased information about cryptocurrency companies.

Based on user reviews only, Magnum Wallet is rated 4 with 1 user reviews, while SpectroCoin is rated 2.8 with 29 user reviews.

Let's finally move to overall Trust Score: