Safe Currency Review 2024
Minimum
deposit:
  • $1

Trading platform:

  • Browser platform

Safe Currency Review 2024

Updated:
Updated: October 06, 2023

4.05

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $1

Trading platform:

  • Browser platform
Trading features:
  • An exchange platform with a simple and convenient interface, cryptocurrencies exchange among themselves and into currencies

Summary of Safe Currency Crypto Exchange

Safe Currency is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 4.05 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Safe Currency clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. Safe Currency ranks 42 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.

Safe Currency is not a cryptocurrency exchange, but a cryptocurrency exchange platform that takes asset exchange rates from the world's leading exchanges. You cannot trade cryptocurrency here. The website is widely known, exchange operations are constantly made in large volumes. The company is officially registered in the UK, has an advanced security system and personal data protection. It charges small fixed fees on all exchange transactions. Cryptocurrencies can be exchanged for fiat currencies such as EUR, USD, GBR, and UAN.

NOTE!

If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.

Traders Union experts recommend considering Top 3 companies from our rating:

Start Trading with RoboForex
Your capital is at risk.
Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Safe Currency is a platform for cryptocurrency assets exchange. You can work there with Bitcoin, Ethereum, Litecoin, Lumens, Bitcoin Cash, and Ripple. Cryptocurrencies can be exchanged with each other and bought and sold for currencies such as EUR, USD, GBR, and UAN. Funds deposits and withdrawals are carried out using Visa, MC cards, and others. The platform security level complies with the European PCI Security Standards. The company has its reserve fund to ensure fast exchanges. Exchange rates are according to the leading cryptocurrency exchanges, so the terms are always favorable. The website also offers a standard referral program with payments of interest on the commissions of users attracted. Advanced AML/KYC verification is required to work on the platform.

💰 Account currency: Cryptocurrencies, fiat currencies
🚀 Minimum deposit: $1
⚖️ Leverage: 1:1
💱 Spread: n/a
🔧 Instruments: Cryptocurrencies, currencies
💹 Margin Call / Stop Out: No

👍 Advantages of trading with Safe Currency:

  • 6 most popular cryptocurrencies;
  • cryptocurrencies exchange for currencies;
  • simple and user-friendly interface;
  • low commission fees;
  • profitable affiliate program.
  • high-security protocols;
  • proprietary reserved fund;

👎 Disadvantages of Safe Currency:

  • complicated verification process;
  • no investment programs;
  • no mobile application;

Evaluation of the most influential parameters of Safe Currency

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

3.15

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

6.55

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

6.33

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

6.49

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

6.85

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

7.07

/10

Geographic Distribution of Safe Currency Traders

Popularity in

80.6%
US
United States
5.1%
CA
Canada
5.1%
RU
Russian Federation
3.1%
GB
United Kingdom
1%
AU
Australia
0.1%
Others
Others

User Satisfaction i

20 comments
Total score:
7.5 /10

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aringgair
11 weeks ago

Safe Currency may offer convenience and a variety of cryptocurrencies for trading, but its shortcomings in security and customer support significantly diminish its credibility. Potential users should exercise caution and explore alternative exchanges with stronger security measures and more reliable customer support channels.

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RolandMish
1 year ago

Personally, I can’t write anything good about Safe Currency. For example, they dumped me here. I have no respect for such companies. 2000 dollars was gone in a few days.

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Georgeei
1 year ago

Guys, don't trust them! These are scammers! With their help, I leaked 2,000 dollars here!

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DanielStaf
1 year ago

In general, the Safe Currency exchange is a scam, like many others. As soon as you start trading in plus and want to withdraw the profit, expect to be blocked. Then they will say that the verification does not pass and all that. And that's it, no money to be seen!

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bernadettet49fdktlat
2 years ago

I wouldn't call Safe Currency a cryptocurrency exchange. This is an exchange. With a high-quality platform, basic (and most liquid) cryptocurrencies, fiat is also available, which I am extremely happy about. Separately, I note security: not all exchanges have the level that is in Safe Currency. And registration, and a license, and a reserve fund, and KYC. That's why, in general, I'm staying here. Commissions may not be the most profitable, but I know for sure that I will receive my hard-earned money. Moreover, for a year Safe Currency has not given me a single reason for doubt. Now I've become a partner, I'm trying to get income from the affiliate program. They promise up to 30% of the commission, so let's see what passive income will be from this.

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twopips
2 years ago

I first heard about Safe Currency when the hype of cryptocurrencies began to be actively promoted. A friend recommended this platform, as it proved to be quite good during its work. Its variety of assets is enough for me, and there is the possibility of buying/selling cryptos for fiat currencies. That’s very convenient. Exchange rates are taken from leading cryptocurrency platforms, so you can count on favorable conditions. There is an affiliate program for additional earnings. So far, this is the only way to get passive income with Safe Currency.

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ariebrian
2 years ago

I do not have very good impressions from cooperating with Safe Currency. A very difficult verification is only one of the negative aspects. The process shook my nerves. However, this is not all. I can't understand why the company hasn't taken care of the mobile app by now. It turns out that you can work with the platform only from a PC, which is not very convenient, especially if you often spend time on business trips. Also, the lack of investment programs does not speak well for Safe Currency.

Expert Review of Safe Currency

Safecurrency.com is a universal platform for cryptocurrency assets exchanging; several fiat currencies are also available. You can exchange all the assets available on the site in any direction. The company works with the most popular cryptocurrencies and currencies in Europe.

At the moment, the following currencies are provided: the US dollar, euro, and British pound sterling. Replenishment is possible using Visa, MC bank cards, and others. From this point of view, the website is extremely convenient, since extra actions are excluded from the exchange chain. Select currency, cryptocurrency and click the Exchange button.

Website protection is deemed the most important Safe Currency feature. The company has a valid license, operates in the UK, complies with 5 MLD AML/CFT standards. The website has been independently verified to comply with PCI security protocols. That is why AML/KYC class verification is available here.

The Exchange fees are moderate, the site charges 10% from each transaction, plus a fixed amount of $3. If the transaction is paid through SEPA, the commission fee will not be 10%, but 4%. Therefore, it is more profitable to use this particular system. The referral program is standard. The exchange service is recommended for cooperation.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of Safe Currency’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets, and Products of the Crypto Exchange

The Safe Currency cryptocurrency exchange platform doesn’t provide investment programs. Website users don’t have the opportunity to get passive income in addition to a referral program.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Safe Currency’s affiliate program

Safe Currency has a simple and comprehensible affiliate program. Just invite referral partners and get income in the form of a fixed percentage of their commissions. To get income from partners:

  • Register on the site, go through verification, verify your identity.

  • Find an affiliate link in the corresponding section of the personal account.

  • Provide the affiliate link to another person in person or post it publicly.

  • Each user who registers on the exchange using your link becomes your referral.

  • You will get 30% of the commission on every trade by your referrals.

The referral program is unlimited, the number of referrals is not limited. That is, all users attracted bring you income all the time while they exchange assets on the site. Bonus payments are made within 24 hours after the trade is made by the referral.

Trading Conditions for Safe Currency Users

Safe Currency’s technical support is provided by three channels. The first channel is an internal question-and-answer form on the site, where you can ask a question to specialists and get a prompt answer. The second channel is the company email. The third channel is a call center. Please note that the call center is located in the UK, therefore the call charges will be charged accordingly.

$1

Minimum
deposit

1:1

Leverage

12/5

Support

💻 Trading platform: The exchange shall be carried out in the browser
📊 Accounts: Standard
💰 Account currency: Cryptocurrencies, fiat currencies
💵 Replenishment / Withdrawal: Bank cards Visa, MC, Neteller, Skrill, SEPA
🚀 Minimum deposit: $1
⚖️ Leverage: 1:1
💼 PAMM-accounts: No
📈️ Min Order: From 0
💱 Spread: n/a
🔧 Instruments: Cryptocurrencies, currencies
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: No
➕ Affiliate program: Yes
📋 Orders execution: n/a
⭐ Trading features: An exchange platform with a simple and convenient interface, cryptocurrencies exchange among themselves and into currencies
🎁 Contests and bonuses: n/a

Broker comparison table of trading instruments

Safe Currency Bybit MEXC Binance CoinEx Paxful
Forex No No No Yes No No
Metalls No No No No No No
Crypto Yes Yes Yes Yes Yes Yes
CFD No No No No No No
Indexes No No No No No No
Stock No No No No No No
ETF No No No No No No
Options No No No No No No

Safe Currency Commissions & Fees

Information
The commission is fixed, it is 10% of the trade amount +$3 in case of payment for the transaction with any cards, except SEPA. The fee is 4% + $3 in case of payment by SEPA. When ordering an exchange, you will see the total amount to be received, including the service commission. The rate is fixed at the time of payment. There are no other commissions, including commissions for funds depositing and withdrawing on the website.
Account type Spread (minimum value) Withdrawal commission
Standard 4-10% + 3$ No

Commission fees are beneficial for a large volume of exchange transactions at Safe Currency and if you use SEPA. The average commissions correspond to commissions on other similar services. Here is a small table providing the fees for Safe Currencies and some cryptocurrencies exchanges:

Broker Average commission Level
Safe Currency $10 Medium
Bybit $20 High
Bitfinex $0.1 Low
Logo Safe Currency
$10
$20
$0.1

Contacts

Foundation date 2013
Registration address 20-22 Wenlock Road, London, England, N1 7GU
Official site
Contacts
Disclaimer:

Your capital is at risk. Your capital is at risk. "Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack."

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
Safe Currency Review Safe Currency Review

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FAQs

Do reviews by traders influence the Safe Currency rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Safe Currency you need to go to the broker's profile.

How to leave a review about Safe Currency on the Traders Union website?

To leave a review about Safe Currency, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Safe Currency on a non-Traders Union client?

Anyone can leave feedback about Safe Currency on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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