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Mercuryo Wallet Reviews

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Country: Estonia
Launched: 2018
Expert Review
Nov 02, 2020

Mercuryo is a multicurrency and multifunctional crypto wallet launched in Estonia. The wallet is capable of storing, sending, and selling the following currencies: BTC, ETH, USDT, TRX, OKB, ALGO, and USDC.

Besides the cryptocurrency wallet, the company provides Mercuryo prepaid VISA cards accepted by 40+ million merchants around the world. These cards allow paying in crypto seamlessly. The money is converted to local currency for free. The card is associated with the user's BTC account. Customers are free to use both plastic and virtual cards. The physical cards are delivered to European residents in 5 days. The virtual cards are accessible instantly. The extra pleasant feature is that these cards are totally free. The Mercuryo app allows tracking transactions and checking the balance in real-time.

The service can be used by the business owners as Mercuryo provides a widget for merchants that can be placed on the company's (shop's) website. The users will be able to exchange their fiat money for BTC using this widget. The website's owner revenue is set by her/himself. The widget design is customizable. What's especially convenient is that Mercuryo takes care of all the hassle including KYC/AML, storing the users' data appropriately, the legal part of selling BTC, and so on.

The customers' currencies are stored in the cold wallets by the company. The private keys are also stored by Mercuryo. As the service requires the identification of customers, restoring keys is not a hard thing to do if you are able to prove your identity via the documents. According to the company's website, the KYC (Know Your Customer) procedure doesn't take longer than 15 minutes. Mercuryo has a referral program that allows partners to receive up to 0.5% of what their referrals spend. 

Mercuryo managed to raise over €2.5m in funds for development. The main investor is Target Global. The wallet provider boasts numerous big names in the Partners list. They are Binance, Bitfinex, Trust Wallet, OKEx, Coinbase, EXMO, Bithumb, Liquid, Stex, WinPay, and others.

Our Score
Security 4 / 5
Support 4 / 5
Ease of use 5 / 5
Reputation 5 / 5
Fees 4 / 5
Our Score
4.4 / 5
Pros and Cons
pros

- Easy to use
- Many supported coins

cons

- Not famous

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User reviews
Sash Lumia 23 June 2021
1.0

Do not use Mercuryo!!! I have bought Bitcoin more than a month ago and I'm not able to withdraw because SMS code required to log in to the account is not being sent. Customer support is useless sending generic response whilst the issue never gets resolved.

Michel 28 April 2021
1.0

Impossible de récupérer ne serait-ce qu’une partie des fonds investis chez Mercuryo. Les transferts vers les cartes de crédit utilisées pour acheter des cryptomonnaies échouent systématiquement sous des prétextes bidons ou pas de prétexte du tout. Arnaque quasi certaine !!

Silvester W
30 July 2023
I clearly advise you stay away from Them they had my funds stock with them. I made a transaction of USD 8,200 to them and I was never able to send my funds out of my wallet. This error continues and I made a request to the support team and I never got their responds. But I finally was able to get my funds with the assistance of a crypto expert named Jeff and I was able to get his attention after sending requests to his mail Jeffsilbert39 gmail com and I got a quick response and he was able to help me get my funds that was stock with Them.
Diego 21 April 2021
1.0

Estafadores deposite 1000€ y la validación fue errónea y no devuelven los 1000€

Kot 14 November 2020
4.0

It's fine with to keep some BTC here. I can't say any else, but I don't have complaints.

Romanoli 8 November 2020
5.0

I deposited my first money there, I haven't experienced any probleme so far.

Country: Estonia
Launched: 2018

List of coins

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