Evercoin

What is Evercoin? Is Evercoin safe? What are the Evercoin fees? What are the Evercoin withdrawal limits? Which cryptocurrencies are available in Evercoin? Find everything you need to know about Evercoin in this Evercoin exchange review.
5.5/10 (Expert Score)
Product is rated as #43 in category Forex Brokers

Evercoin is a Silicon Valley-based cryptocurrency exchange founded and led by Talip Ozturk, the creator of Hazelcast, a popular open source in-memory distributed database in use at the biggest financial services companies in the world.

In this Evercoin review, you will get the answers to these questions. What is Evercoin? Is Evercoin safe? What are the Evercoin fees? What are the Evercoin withdrawal limits? Which cryptocurrencies are available in Evercoin?

5.5Expert Score
Average

I reviewed EverCoin based on the following criteria.

TRUST
5
COMMISSIONS AND FEES
4.5
CUSTOMER SERVICE
6.5
PLATFORM & TOOLS
6
PRODUCT PORTFOLIO
5.5
PROS
  • Transparent about the team
  • As easy as it gets
  • 16 coins supported
  • Mobile app available
CONS
  • No ways of buying with fiat
  • No charting

What is Evercoin?

What is Evercoin?

Evercoin is an integrated non-custodial system for managing cryptocurrencies. It brings together an exchange (Evercoin), mobile wallets, a desktop trading application and hardware wallets into one comprehensive system.

Almost all of the major cryptocurrency exchanges hold custody of user funds, and therefore are custodial exchanges. Evercoin does not hold user funds and is therefore non-custodial.

It lets its user’s exchange between varieties of cryptocurrencies without having to go through a registration process with the platform.

evercoin fees

Is Evercoin Safe?

Is Evercoin Safe?

The people behind Evercoin have presented themselves on the about section of the website. The leader of the team consisting of 7 people, the founder Talip Ozturk.

Users never have to share their own funds except for the transaction amount with Evercoin. So, this model saves their funds from being subject to threatening attempts from malicious parties.

Evercoin Fees

Evercoin Fees

The amount already includes the network fee which goes directly to the respective cryptocurrency blockchain for performing a transaction, as well as Evercoin’s own fee which ranges between 0.5% – 0.8% of the trade and fluctuates in every transaction.

Trading Instruments (Cryptocurrencies)

Evercoin provides 16 cryptocurrencies including:

  • Bitcoin – BTC
  • Ethereum – ETH
  • Litecoin – LTC
  • Ripple – XRP
  • Bitcoin Cash – BCH
  • Dash – DASH
  • Ethereum Classic – ETC
  • Monero – XMR
  • Zcash – ZEC
  • Bitcoin Gold – BTG
  • Dogecoin – DOGE
  • Decred – DCR
  • Waves – WAVES
  • Qtum – QTUM
  • ZenCash – ZEN
  • Digibyte – DGB

In order to start trading between these cryptocurrencies at Evercoin, users can either visit its website or download its offered mobile apps for iOS and Android.

Since the platform requires no registration, users can go ahead and start using Evercoin’s services as soon as they visit the platform.

Payment Methods

Payment Methods

There are no ways of buying with fiat. However, you can deposit via credit card or bank wire transfer options.

Customer Support

Evercoin has a live chat option on which representatives are readily available to answer customers’ questions. The platform also has official Twitter and Facebook channels, where users can contact the team for any inquiries that they have.

Conclusion

Conclusion

Evercoin is US cryptocurrency exchange service. It allows you to easily convert one coin into another. They should be more transparent on the pricing.

Evercoin remains to be a good option for instant cryptocurrency buying and selling activities without having to go through complicated procedures.

If you prefer to trade securely with a licensed entity, it may be a better choice of trading with a forex broker. In most countries, the regulation of cryptocurrency exchanges is still underdeveloped while there are duly licensed forex brokerages that also offer to trade in Bitcoin.

Valentin Cote

Valentin Cote

I am Valentin Cote, the author and owner of this personal blog. I compare and review forex brokers in my website. I am in the trading industry since 2009 and still learning. I also write useful articles for newbies about forex and investment. I love playing online games and Forex :)

Who Am I?

Hello to everyone. Forexbrokerslab is my personal blog where I compare reliable forex brokers. I’ve been in forex trading since 2009 and I’m still learning. I have traded with the most popular forex brokers, including the most unknown ones in any regulation and many different account types. So I think I have enough knowledge to compare brokers. You can learn about forex brokers by reviewing my blog.

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