Currencies: 186 (152 fiat & 34 crypto) Countries: 255 PSs & Banks: 331 Exchanges: 320 Offers:
BTC/USD:

1wm review & testimonials (updated 04.2020)

1wm user interface: the home page in English

What is 1wm in a nutshell? It's maybe not the most popular, but well established, exchange service (broker) supporting 2 cryptocurrencies: you can buy and sell coins using 4 fiat currencies (13 banks & payment systems are supported). Exchange service started the business Dec 2014, it serves the clients for a few years.

This service works with a number of currencies, banks, and payment systems. Hence to estimate the fees level we calculated an average fee you'll spend for an exchange here. Based on this number (8.67%) we may say that 1wm charges high fees: 1% — 49% (according to our statistics, 92% exchanges offer lower average fee) and has rather a low buying limits: $1 — $929 (in accordance with the statistics we've collected, 83% exchanges have higher order limits). This Broker welcomes customers from 255 countries (including your country: United States!). It serves the US and allows registrations from all the 56 states and territories. Unfortunately we couldn't yet collect enough data about the order processing speed from the customers of 1wm, although according to information we got, the order processing is not fully automated so delays with the funds delivery may happen. Depending on the order details, you may need to verify your account (just ID Verification should be required) to exchange money on this Broker.

Since 2014, 1wm is working hard to get great testimonials from the users. Although, since this Broker was recently added to our price comparison platform, we have no user reviews yet. Maybe you can help? If you have any experience dealing with 1wm, can you please leave your testimonial? It will surely be a great help for us and all the community, thanks!

Based on all these facts, our verdict is the following: 1wm is a promising, although not yet reviewed much by our visitors place to buy and sell cryptocurrencies, an interesting exchange that we believe will get some nice feedback soon!

Overview: is 1wm safe?

1wm is the Broker; exchange started the business December 2014. Unfortunately, there is not much information available about the company doing business as 1wm, etc.

Answering the question how safe is 1wm:

We are sorry, our platform has't yet collected enough data, but you can help! We know fairly much about this Broker (please continue reading), but our policies require to collect more testimonials from the users of 1wm to draw a conclusion. Do you have any experience dealing with this service? Please add your feedback, this will be a great help! Or maybe you know someone who does? Kindly ask him/her to tell us about it here! We really appreciate your participation.
Time in the business: 5 years 3 months
Business model: no information available

Overall rating for 1wm: N/A
Although we have not collected enough testimonials to assign a rating to 1wm, we can pre-estimate the rating (considering there will be no user complaints) as 90/100.

Pros & Cons of 1wm

Although 1wm is not yet rated by our visitors, common sense tells us it should have both strong sides and some downsides. Let's check it out:

  • Seems that the exchange operates without any business licenses, etc. Although since it's in the business for over 5 years, it definitely gained trust in the community.
  • Relatively low limits for buying orders.

Unfortunately there are more cons that pros. But this doesn't mean the 1wm is a bad Broker! You should check the list and decide, which of these pros are cons are most important for you. Try 1wm today and let us know how you like it!

Services, 1wm Provides

The platform provides the following cryptocurrency exchange-related services:

  • Allows the customers to buy cryptocurrencies with fiat currencies
  • Provides the clients with ways to "cash out" the crypto to fiat currency

As we can see, 1wm doesn't provide any services besides the cryptocurrency exchange, althought it's definitely not a bad thing; after all, we came here for the crypto exchange, right?

Currencies & Payment Systems

1wm provides the service of buying and selling 2 digital currencies using fiat currencies. The following cryptocurrencies are available to buy/sell: Bitcoin (BTC), Ether (ETH).

If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Most scalable cryptocurrencies to invest in 2020.

4 fiat currencies are supported to provide crypto purchase and selling: Euro (EUR), Kazakhstani Tenge (KZT), Russian Ruble (RUB), US Dollar (USD). The Broker will let you buy and sell Bitcoins and 1 other cryptos using the following payment systems:

  • Visa & Mastercard. An international payment system (available worldwide) allowing credit/debit cards payments in various currencies. RUB and KZT payments are available for both buying and selling cryptocurrencies at this exchange. Visa & Mastercard is a popular way to buy BTC and other cryptocurrencies available at 86 exchanges of various types. You are welcome to find the best rate for buying bitcoin with visa & mastercard at our home page!
  • Sberbank. A local bank (you may use from Kazakhstan, Russia) in various currencies. KZT and RUB payments are available for both buying and selling cryptocurrencies at this exchange.
  • Qiwi. An international payment system (it's available in 9 countries) allowing e-wallet payments in various currencies. KZT and RUB payments are available for both buying and selling cryptocurrencies at this exchange.
  • Perfect Money. An international payment system (available worldwide) allowing other payments in various currencies. EUR and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Advanced Cash. An international payment system (available worldwide) allowing other payments in various currencies. EUR, RUB and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Payeer. An international payment system (available worldwide) allowing other payments in various currencies. EUR, RUB and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Yandex Money. A local payment system (serving Russia) allowing e-wallet payments in Russian Ruble currency. Just the RUB payments are available for both buying and selling cryptocurrencies at this exchange.
  • WebMoney. An international payment system (available worldwide) allowing other payments in various currencies. Just the RUB payments are available for selling cryptocurrency to fiat solely; at the time you can't buy crypto using this payment method here.
  • Halyk Bank (Kazcom). A local bank (serving Kazakhstan) in Kazakhstani Tenge currency. Just the KZT payments are available for both buying and selling cryptocurrencies at this exchange.
  • Mobile Balance (all operators). An international payment system (available worldwide) allowing mobile recharge payments in various currencies. Just the RUB payments are available for selling cryptocurrency to fiat solely; at the time you can't buy crypto using this payment method here.
  • Kaspi Bank. A local bank (serving Kazakhstan) in Kazakhstani Tenge currency. Just the KZT payments are available for both buying and selling cryptocurrencies at this exchange.
  • ForteBank. A local bank (serving Kazakhstan) in Kazakhstani Tenge currency. Just the KZT payments are available for both buying and selling cryptocurrencies at this exchange.
  • Golden Crown. An international payment system (you may use from Ukraine, Russia, Tajikistan) allowing money orders payments in Russian Ruble currency. RUB and USD payments are available for both buying and selling cryptocurrencies at this exchange.

1wm fees

The fees you need to pay at this broker during the process of buying and selling cryptocurrencies are easier to understand if you break it down like that (note that you can skip the details, jumping to the conclusion):

  1. Service/processing fee. Depending on the fiat payment system and currency, it's as follows:
    • Commission when you are receiving funds to Advanced Cash in Euro: 6%
    • Commission when you are receiving funds to Advanced Cash in US Dollar: 13%
    • Commission when you are receiving funds to Advanced Cash in Russian Ruble: 4%
    • 6% when you pay money using Advanced Cash in Euro.
    • 2% when you pay money using Advanced Cash in US Dollar.
    • 15% when you pay money using Advanced Cash in Russian Ruble.
    • Commission when you are receiving funds to ForteBank in Kazakhstani Tenge: 4%
    • 10% when you pay money using ForteBank in Kazakhstani Tenge.
    • 49% when you pay money using Golden Crown in US Dollar.
    • Commission when you are receiving funds to Golden Crown in Russian Ruble: 18%
    • Commission when you are receiving funds to Halyk Bank (Kazcom) in Kazakhstani Tenge: 5%
    • 10% when you pay money using Halyk Bank (Kazcom) in Kazakhstani Tenge.
    • 10% when you pay money using Kaspi Bank in Kazakhstani Tenge.
    • Commission when you are receiving funds to Kaspi Bank in Kazakhstani Tenge: 4%
    • Commission when you are receiving funds to Mobile Balance (all operators) in Russian Ruble: 3%
    • Commission when you are receiving funds to Payeer in Euro: 10%
    • Commission when you are receiving funds to Payeer in US Dollar: 1%
    • Commission when you are receiving funds to Payeer in Russian Ruble: 5%
    • 3% when you pay money using Payeer in Euro.
    • 21% when you pay money using Payeer in US Dollar.
    • 1% when you pay money using Payeer in Russian Ruble.
    • Commission when you are receiving funds to Perfect Money in Euro: 0%
    • Commission when you are receiving funds to Perfect Money in US Dollar: 0%
    • 10% when you pay money using Perfect Money in Euro.
    • 10% when you pay money using Perfect Money in US Dollar.
    • Commission when you are receiving funds to Qiwi in Russian Ruble: 6%
    • Commission when you are receiving funds to Qiwi in Kazakhstani Tenge: 5%
    • 5% when you pay money using Qiwi in Russian Ruble.
    • 16% when you pay money using Qiwi in Kazakhstani Tenge.
    • Commission when you are receiving funds to Sberbank in Russian Ruble: 11%
    • Commission when you are receiving funds to Sberbank in Kazakhstani Tenge: 5%
    • 12% when you pay money using Sberbank in Kazakhstani Tenge.
    • 6% when you pay money using Visa & Mastercard in Kazakhstani Tenge.
    • 27% when you pay money using Visa & Mastercard in Russian Ruble.
    • Commission when you are receiving funds to Visa & Mastercard in Russian Ruble: 3%
    • Commission when you are receiving funds to Visa & Mastercard in Kazakhstani Tenge: 5%
    • Commission when you are receiving funds to WebMoney in Russian Ruble: 9%
    • 1% when you pay money using Yandex Money in Russian Ruble.
    • Commission when you are receiving funds to Yandex Money in Russian Ruble: 7%
  2. Miners fee. Please note that this fee applies only when you buy bitcoin or other cryptocurrency!
    • 0 BTC: great news! at the moment there is no such a fee!

Are 1wm fees high or low?

Now it's time to draw a conclusion: considering the average fee the exchange changes for an operation we can state that 1wm takes high fees from the clients. According to our statistics, fairly big percent of the exchanges charge some less (although please be aware that it mostly depends on the exchange direction!) than 1wm does. For example, an average fee you pay to buy Bitcoin with Visa & Mastercard in KZT across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is 10%, 1wm charges 6% for this. A nice opportunity and as you can see, the fee is low enough! Hence we know that 1wm fees for certain exchange directions are rather moderate.

Buying and selling limits

This Broker has the following limits, applicable when you buy or sell cryptocurrencies:

  1. Purchase limits (when you buy crypto).
    • €20 minimal buy and €457 max purchase when using Advanced Cash in Euro.
    • $25 minimal buy and $480 max purchase when using Advanced Cash in US Dollar.
    • ₽2,000 minimal buy and ₽41,686 max purchase when using Advanced Cash in Russian Ruble.
    • ₸8,000 minimal buy and ₸227,376 max purchase when using ForteBank in Kazakhstani Tenge.
    • $500 minimal buy and $929 max purchase when using Golden Crown in US Dollar.
    • ₸8,000 minimal buy and ₸227,376 max purchase when using Halyk Bank (Kazcom) in Kazakhstani Tenge.
    • ₸8,000 minimal buy and ₸225,759 max purchase when using Kaspi Bank in Kazakhstani Tenge.
    • €15 minimal buy and €447 max purchase when using Payeer in Euro.
    • $20 minimal buy and $593 max purchase when using Payeer in US Dollar.
    • ₽1,500 minimal buy and ₽35,796 max purchase when using Payeer in Russian Ruble.
    • €25 minimal buy and €482 max purchase when using Perfect Money in Euro.
    • $30 minimal buy and $522 max purchase when using Perfect Money in US Dollar.
    • ₽2,000 minimal buy and ₽14,500 max purchase when using Qiwi in Russian Ruble.
    • ₸10,000 minimal buy and ₸200,000 max purchase when using Qiwi in Kazakhstani Tenge.
    • ₸8,000 minimal buy and ₸231,549 max purchase when using Sberbank in Kazakhstani Tenge.
    • ₸8,000 minimal buy and ₸217,911 max purchase when using Visa & Mastercard in Kazakhstani Tenge.
    • ₽2,000 minimal buy and ₽14,000 max purchase when using Visa & Mastercard in Russian Ruble.
    • ₽500 minimal buy and ₽35,841 max purchase when using Yandex Money in Russian Ruble.
  2. Withdrawal limits (when you out-exchange crypto to the fiat money).
    • €1 min and €169 maximal withdrawal when receiving money to Advanced Cash in Euro.
    • $1 min and $630 maximal withdrawal when receiving money to Advanced Cash in US Dollar.
    • ₽53 min and ₽52,596 maximal withdrawal when receiving money to Advanced Cash in Russian Ruble.
    • ₸303 min and ₸605,373 maximal withdrawal when receiving money to ForteBank in Kazakhstani Tenge.
    • ₽4,586 min and ₽458,553 maximal withdrawal when receiving money to Golden Crown in Russian Ruble.
    • ₸300 min and ₸599,900 maximal withdrawal when receiving money to Halyk Bank (Kazcom) in Kazakhstani Tenge.
    • ₸303 min and ₸302,722 maximal withdrawal when receiving money to Kaspi Bank in Kazakhstani Tenge.
    • ₽53 min and ₽5,286 maximal withdrawal when receiving money to Mobile Balance (all operators) in Russian Ruble.
    • €1 min and €59 maximal withdrawal when receiving money to Payeer in Euro.
    • $4 min and $720 maximal withdrawal when receiving money to Payeer in US Dollar.
    • ₽52 min and ₽51,867 maximal withdrawal when receiving money to Payeer in Russian Ruble.
    • €1 min and €669 maximal withdrawal when receiving money to Perfect Money in Euro.
    • $6 min and $721 maximal withdrawal when receiving money to Perfect Money in US Dollar.
    • ₽5 min and ₽22 maximal withdrawal when receiving money to Qiwi in Russian Ruble.
    • ₸299 min and ₸29,863 maximal withdrawal when receiving money to Qiwi in Kazakhstani Tenge.
    • ₽49 min and ₽48,737 maximal withdrawal when receiving money to Sberbank in Russian Ruble.
    • ₸300 min and ₸1,123 maximal withdrawal when receiving money to Sberbank in Kazakhstani Tenge.
    • ₽529 min and ₽52,919 maximal withdrawal when receiving money to Visa & Mastercard in Russian Ruble.
    • ₸3,027 min and ₸605,373 maximal withdrawal when receiving money to Visa & Mastercard in Kazakhstani Tenge.
    • ₽50 min and ₽120 maximal withdrawal when receiving money to WebMoney in Russian Ruble.
    • ₽51 min and ₽50,720 maximal withdrawal when receiving money to Yandex Money in Russian Ruble.

And the good news: there are no limits on other payment systems (the limitations the payment system has aside) 1wm supports! Comparing to other exchanges, 1wm has rather low buying and selling limits, plenty exchanges allow bigger amounts.

Supported countries

Platform allows the users from 255 countries to use the exchange. The following countries are supported by the broker:

  • Afghanistan (AF)
  • Aland Islands (AX)
  • Albania (AL)
  • Algeria (DZ)
  • American Samoa (AS)
  • Andorra (AD)
  • Angola (AO)
  • Anguilla (AI)
  • Antarctica (AQ)
  • Antigua & Barbuda (AG)
  • Argentina (AR)
  • Armenia (AM)
  • Aruba (AW)
  • Ascension Island (AC)
  • Australia (AU)
  • Austria (AT)
  • Azerbaijan (AZ)
  • Bahamas (BS)
  • Bahrain (BH)
  • Bangladesh (BD)
  • Barbados (BB)
  • Belarus (BY)
  • Belgium (BE)
  • Belize (BZ)
  • Benin (BJ)
  • Bermuda (BM)
  • Bhutan (BT)
  • Bolivia (BO)
  • Bosnia & Herzegovina (BA)
  • Botswana (BW)
  • Bouvet Island (BV)
  • Brazil (BR)
  • British Indian Ocean Territory (IO)
  • British Virgin Islands (VG)
  • Brunei (BN)
  • Bulgaria (BG)
  • Burkina Faso (BF)
  • Burundi (BI)
  • Cambodia (KH)
  • Cameroon (CM)
  • Canada (CA)
  • Canary Islands (IC)
  • Cape Verde (CV)
  • Caribbean Netherlands (BQ)
  • Cayman Islands (KY)
  • Central African Republic (CF)
  • Ceuta & Melilla (EA)
  • Chad (TD)
  • Chile (CL)
  • China (CN)
  • Christmas Island (CX)
  • Cocos (Keeling) Islands (CC)
  • Colombia (CO)
  • Comoros (KM)
  • Congo - Brazzaville (CG)
  • Congo - Kinshasa (CD)
  • Cook Islands (CK)
  • Costa Rica (CR)
  • Côte d’Ivoire (CI)
  • Croatia (HR)
  • Cuba (CU)
  • Curaçao (CW)
  • Cyprus (CY)
  • Czech Republic (CZ)
  • Denmark (DK)
  • Diego Garcia (DG)
  • Djibouti (DJ)
  • Dominica (DM)
  • Dominican Republic (DO)
  • Ecuador (EC)
  • Egypt (EG)
  • El Salvador (SV)
  • Equatorial Guinea (GQ)
  • Eritrea (ER)
  • Estonia (EE)
  • Ethiopia (ET)
  • Falkland Islands (FK)
  • Faroe Islands (FO)
  • Fiji (FJ)
  • Finland (FI)
  • France (FR)
  • French Guiana (GF)
  • French Polynesia (PF)
  • French Southern Territories (TF)
  • Gabon (GA)
  • Gambia (GM)
  • Georgia (GE)
  • Germany (DE)
  • Ghana (GH)
  • Gibraltar (GI)
  • Greece (GR)
  • Greenland (GL)
  • Grenada (GD)
  • Guadeloupe (GP)
  • Guam (GU)
  • Guatemala (GT)
  • Guernsey (GG)
  • Guinea (GN)
  • Guinea-Bissau (GW)
  • Guyana (GY)
  • Haiti (HT)
  • Heard Island and McDonald Islands (HM)
  • Honduras (HN)
  • Hong Kong SAR China (HK)
  • Hungary (HU)
  • Iceland (IS)
  • India (IN)
  • Indonesia (ID)
  • Iran (IR)
  • Iraq (IQ)
  • Ireland (IE)
  • Isle of Man (IM)
  • Israel (IL)
  • Italy (IT)
  • Jamaica (JM)
  • Japan (JP)
  • Jersey (JE)
  • Jordan (JO)
  • Kazakhstan (KZ)
  • Kenya (KE)
  • Kiribati (KI)
  • Kosovo (XK)
  • Kuwait (KW)
  • Kyrgyzstan (KG)
  • Laos (LA)
  • Latvia (LV)
  • Lebanon (LB)
  • Lesotho (LS)
  • Liberia (LR)
  • Libya (LY)
  • Liechtenstein (LI)
  • Lithuania (LT)
  • Luxembourg (LU)
  • Macau SAR China (MO)
  • Macedonia (MK)
  • Madagascar (MG)
  • Malawi (MW)
  • Malaysia (MY)
  • Maldives (MV)
  • Mali (ML)
  • Malta (MT)
  • Marshall Islands (MH)
  • Martinique (MQ)
  • Mauritania (MR)
  • Mauritius (MU)
  • Mayotte (YT)
  • Mexico (MX)
  • Micronesia (FM)
  • Moldova (MD)
  • Monaco (MC)
  • Mongolia (MN)
  • Montenegro (ME)
  • Montserrat (MS)
  • Morocco (MA)
  • Mozambique (MZ)
  • Myanmar (Burma) (MM)
  • Namibia (NA)
  • Nauru (NR)
  • Nepal (NP)
  • Netherlands (NL)
  • New Caledonia (NC)
  • New Zealand (NZ)
  • Nicaragua (NI)
  • Niger (NE)
  • Nigeria (NG)
  • Niue (NU)
  • Norfolk Island (NF)
  • Northern Mariana Islands (MP)
  • North Korea (KP)
  • Norway (NO)
  • Oman (OM)
  • Pakistan (PK)
  • Palau (PW)
  • Palestinian Territories (PS)
  • Panama (PA)
  • Papua New Guinea (PG)
  • Paraguay (PY)
  • Peru (PE)
  • Philippines (PH)
  • Pitcairn Islands (PN)
  • Poland (PL)
  • Portugal (PT)
  • Puerto Rico (PR)
  • Qatar (QA)
  • Réunion (RE)
  • Romania (RO)
  • Russia (RU)
  • Rwanda (RW)
  • Samoa (WS)
  • San Marino (SM)
  • São Tomé & Príncipe (ST)
  • Saudi Arabia (SA)
  • Senegal (SN)
  • Serbia (RS)
  • Seychelles (SC)
  • Sierra Leone (SL)
  • Singapore (SG)
  • Sint Maarten (SX)
  • Slovakia (SK)
  • Slovenia (SI)
  • Solomon Islands (SB)
  • Somalia (SO)
  • South Africa (ZA)
  • South Georgia & South Sandwich Islands (GS)
  • South Korea (KR)
  • South Sudan (SS)
  • Spain (ES)
  • Sri Lanka (LK)
  • St. Barthélemy (BL)
  • St. Helena (SH)
  • St. Kitts & Nevis (KN)
  • St. Lucia (LC)
  • St. Martin (MF)
  • St. Pierre & Miquelon (PM)
  • St. Vincent & Grenadines (VC)
  • Sudan (SD)
  • Suriname (SR)
  • Svalbard & Jan Mayen (SJ)
  • Swaziland (SZ)
  • Sweden (SE)
  • Switzerland (CH)
  • Syria (SY)
  • Taiwan (TW)
  • Tajikistan (TJ)
  • Tanzania (TZ)
  • Thailand (TH)
  • Timor-Leste (TL)
  • Togo (TG)
  • Tokelau (TK)
  • Tonga (TO)
  • Trinidad & Tobago (TT)
  • Tristan da Cunha (TA)
  • Tunisia (TN)
  • Turkey (TR)
  • Turkmenistan (TM)
  • Turks & Caicos Islands (TC)
  • Tuvalu (TV)
  • Uganda (UG)
  • Ukraine (UA)
  • United Arab Emirates (AE)
  • United Kingdom (GB)
  • United States (US)
  • Uruguay (UY)
  • U.S. Outlying Islands (UM)
  • U.S. Virgin Islands (VI)
  • Uzbekistan (UZ)
  • Vanuatu (VU)
  • Vatican City (VA)
  • Venezuela (VE)
  • Vietnam (VN)
  • Wallis & Futuna (WF)
  • Western Sahara (EH)
  • Yemen (YE)
  • Zambia (ZM)
  • Zimbabwe (ZW)

Does 1wm allow the users from United States (US)?

USA flag

Yes, 1wm allows the registrations from the United States! Broker permits the users from 56 states and territories to register at and use the services exchange provides:

  • Alabama (AL)
  • Alaska (AK)
  • American Samoa (AS)
  • Arizona (AZ)
  • Arkansas (AR)
  • California (CA)
  • Colorado (CO)
  • Connecticut (CT)
  • Delaware (DE)
  • District of Columbia (DC)
  • Florida (FL)
  • Georgia (GA)
  • Guam (GU)
  • Hawaii (HI)
  • Idaho (ID)
  • Illinois (IL)
  • Indiana (IN)
  • Iowa (IA)
  • Kansas (KS)
  • Kentucky (KY)
  • Louisiana (LA)
  • Maine (ME)
  • Maryland (MD)
  • Massachusetts (MA)
  • Michigan (MI)
  • Minnesota (MN)
  • Mississippi (MS)
  • Missouri (MO)
  • Montana (MT)
  • Nebraska (NE)
  • Nevada (NV)
  • New Hampshire (NH)
  • New Jersey (NJ)
  • New Mexico (NM)
  • New York (NY)
  • North Carolina (NC)
  • North Dakota (ND)
  • Northern Mariana Islands (MP)
  • Ohio (OH)
  • Oklahoma (OK)
  • Oregon (OR)
  • Pennsylvania (PA)
  • Puerto Rico (PR)
  • Rhode Island (RI)
  • South Carolina (SC)
  • South Dakota (SD)
  • Tennessee (TN)
  • Texas (TX)
  • U.S. Virgin Islands (VI)
  • Utah (UT)
  • Vermont (VT)
  • Virginia (VA)
  • Washington (WA)
  • West Virginia (WV)
  • Wisconsin (WI)
  • Wyoming (WY)

It's possible to use the USD currency to buy/sell 2 cryptocurrencies at the 1wm: 6 banks and payment systems totally (out of the 13 the broker supports, that's 46% of all the available ones) can be used by people from the U.S.A.:

  • Advanced Cash
  • Mobile Balance (all operators) — please note — just the withdrawals to this payment system are available at the moment!
  • Payeer
  • Perfect Money
  • Visa & Mastercard
  • WebMoney — please note — just the withdrawals to this payment system are available at the moment!

Customer service

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the 1wm? Can you please add your testimonial? This will help everyone a lot, thanks!

Verification at 1wm

The broker may require the customers to pass through the user identification (account verification) process. The following procedures are normally required to verify your acc:

  • ID verification

According to the customers surveys results, the average time to verify an account at 1wm is the following:

Sorry, we haven't yet collected enough data. Do you know, how fast 1wm does account verification? Kindly let us know, too. Thank you very much!

Deposit/withdrawal speed

According to the data we have, 1wm processes all or most of the orders without an automation; orders require staff attention to be completed. The speed of money transfer varies a lot on such services, so it's good to know the situation here at this exchange.

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the 1wm? Can you please add your testimonial? This will help everyone a lot, thanks!

Is 1wm instant?

So, what can we see? In accordance with the data we know about the broker, orders at 1wm are not instant. Although we don't have enough information about the order delivery speed from actual customers yet, sorry.

Customers' testimonials

There are currently no users testimonials about the 1wm. Do you have any experience using this broker? If you do, please say a couple of words about it!

FAQ about 1wm

Does 1wm holds my funds?

It does not! One of the best things dealing with the brokers is that unlike most of other exchanges, such businesses instantly deliver your funds to your own wallet after the payment clearance.

Is 1wm a good broker?

Although we have not enough users' reviews yet, we analyzed the information we have. Feel free to get acquainted with the details reading this review or just jump to the conclusion!

Is 1wm licensed? Does it hold e-money license?

It is not, and it's hard to even find information about any business registration, etc. Although the cryptocurrency regulation in Russia, CIS and most of the ex-USSR countries has not yet being set, so so almost all such exchanges there are operating like this.

Is 1wm a ripoff?

It is not a ripoff, although we have not rated 1wm yet due to lack of user testimonials, it complies with our standards. Feel free to read the whole this review to understand why or check our conclusion: is 1wm legit or scam.

1wm vs other exchanges

Let's compare 1wm to other similar exchange services with similar features: others of broker type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 33 other cryptos, check the best rates to buy bitcoin and crypto in United States!

1wm vs Bitonic

Let's compare the key features of these two platforms to see which one suits you best:

  • Bitonic is a broker 1wm is a broker, both are using the same business model.
  • Bitonic had started the business May 2012 1wm started the business December 2014 (Bitonic is working for 2 years and 7 months longer time).
  • Bitonic has all the required business licenses and permissions 1wm operates without a business registration or there is no information available about it (Bitonic's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, Bitonic provides the following extra services: Merchant Services 1wm provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • Bitonic supports 1 cryptocurrencies 1wm allows to exchange 2 cryptos (1wm supports 1 cryptocurrencies more).
  • 1 fiat currencies are available at Bitonic You'll be able to use 4 fiat currencies to swap with digital ones at 1wm (1wm supports 3 fiat currencies more).
  • Bitonic accepts deposits from and allows withdrawals to 3 fiat payment systems / banks 1wm allows the user to utilize 13 various fiat payment systems and/or banks (1wm supports 10 fiat payment systems and banks more).
  • Bitonic charges 0.0% fee 1wm charges the client 1% — 49% fee, depending on the currency, payment system, etc. (1wm has higher fees, generally).
  • Buying limits at Bitonic start from $1 and are up to $2,716 Deposit/withdraw limits at 1wm are $1 — $929 depending on the payment method (1wm has higher buying/selling limits).
  • Bitonic allows registrations from 46 countries; we are sorry, but United States is not supported this time You may register at 1wm if you reside in one of 255 countries; it serves United States among others (1wm supports more countries worldwide).
  • During the account verification Bitonic usually asks for 3 documents and/or procedures: (id verification, phone confirmation, a bank account verification) User identification at 1wm usually consists of 1 procedure: id verification (1wm 's compliance program requires the client to take more actions or to provide more data).
  • Our users left 5 testimonials about Bitonic, 100% of which are positive We've collected 1 users testimonials about 1wm, 100% are positive (1wm & Bitonic share the same percentage of positive user reviews).

Although the final decision, which exchange — Bitonic or 1wm — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

1wm vs BTCBIT

Let's compare the key features of these two platforms to see which one suits you best:

  • BTCBIT is a broker 1wm is a broker, both are using the same business model.
  • BTCBIT had started the business May 2017 1wm started the business December 2014 (1wm operates 2 years and 4 months longer).
  • BTCBIT has all the required business licenses and permissions 1wm operates without a business registration or there is no information available about it (BTCBIT's business model is more stable and safer for clients).
  • Besides the digital currencies exchange, BTCBIT provides no extra services 1wm provides more exchange-related services: it allows us to purchase and sell digital currencies.
  • BTCBIT doesn't have any fiat currencies supported You'll be able to use 4 fiat currencies to swap with digital ones at 1wm (1wm supports 4 fiat currencies more).
  • BTCBIT doesn't allow any fiat payments 1wm allows the user to utilize 13 various fiat payment systems and/or banks (1wm supports 13 fiat payment systems and banks more).
  • BTCBIT allows registrations from 221 countries; United States is among the supported ones You may register at 1wm if you reside in one of 255 countries; it serves United States among others (1wm supports more countries worldwide).
  • During the account verification BTCBIT usually asks for some (it depends) documents and/or procedures User identification at 1wm usually consists of 1 procedure: id verification (1wm 's compliance program requires the client to take more actions or to provide more data).
  • Our users left 8 testimonials about BTCBIT, 100% of which are positive We've collected 1 users testimonials about 1wm, 100% are positive (1wm & BTCBIT share the same percentage of positive user reviews).

Although the final decision, which exchange — BTCBIT or 1wm — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

1wm vs PayBis

Let's compare the key features of these two platforms to see which one suits you best:

  • PayBis is a broker 1wm is a broker, both are using the same business model.
  • PayBis had started the business April 2015 1wm started the business December 2014 (1wm operates 3 months longer).
  • PayBis is an ordinary company without licenses, etc. 1wm operates without a business registration or there is no information available about it (PayBis's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, PayBis provides no extra services 1wm provides the same number of services as PayBis: it allows us to purchase and sell digital currencies.
  • PayBis supports 8 cryptocurrencies 1wm allows to exchange 2 cryptos (1wm supports 6 cryptocurrencies less).
  • 3 fiat currencies are available at PayBis You'll be able to use 4 fiat currencies to swap with digital ones at 1wm (1wm supports 1 fiat currencies more).
  • PayBis accepts deposits from and allows withdrawals to 7 fiat payment systems / banks 1wm allows the user to utilize 13 various fiat payment systems and/or banks (1wm supports 6 fiat payment systems and banks more).
  • PayBis charges -2% — 13% fee 1wm charges the client 1% — 49% fee, depending on the currency, payment system, etc. (1wm & PayBis charge the customer with the equal fee level, more or less).
  • Buying limits at PayBis start from $20 and are up to $200,000 Deposit/withdraw limits at 1wm are $1 — $929 depending on the payment method (1wm has lower buying/selling limits).
  • PayBis allows registrations from 241 countries; United States is among the supported ones You may register at 1wm if you reside in one of 255 countries; it serves United States among others (1wm supports more countries worldwide).
  • During the account verification PayBis usually asks for 3 documents and/or procedures: (id verification, phone confirmation, address confirmation) User identification at 1wm usually consists of 1 procedure: id verification (1wm 's compliance program requires the client to take more actions or to provide more data).
  • Our users left 3 testimonials about PayBis, 100% of which are positive We've collected 1 users testimonials about 1wm, 100% are positive (1wm & PayBis share the same percentage of positive user reviews).

Although the final decision, which exchange — PayBis or 1wm — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

1wm vs XMLGold

Let's compare the key features of these two platforms to see which one suits you best:

  • XMLGold is a broker 1wm is a broker, both are using the same business model.
  • XMLGold had started the business May 2006 1wm started the business December 2014 (XMLGold is working for 8 years and 7 months longer time).
  • XMLGold is an ordinary company without licenses, etc. 1wm operates without a business registration or there is no information available about it (XMLGold's business model is more stable and safer for clients).
  • Besides the digital currencies exchange, XMLGold provides no extra services 1wm provides more exchange-related services: it allows us to purchase and sell digital currencies.
  • XMLGold doesn't have any fiat currencies supported You'll be able to use 4 fiat currencies to swap with digital ones at 1wm (1wm supports 4 fiat currencies more).
  • XMLGold doesn't allow any fiat payments 1wm allows the user to utilize 13 various fiat payment systems and/or banks (1wm supports 13 fiat payment systems and banks more).
  • XMLGold allows registrations from 255 countries; United States is among the supported ones You may register at 1wm if you reside in one of 255 countries; it serves United States among others (1wm & XMLGold support the same number of countries and territories).
  • During the account verification XMLGold usually asks for some (it depends) documents and/or procedures User identification at 1wm usually consists of 1 procedure: id verification (1wm 's compliance program requires the client to take more actions or to provide more data).
  • Our users left 5 testimonials about XMLGold, 100% of which are positive We've collected 1 users testimonials about 1wm, 100% are positive (1wm & XMLGold share the same percentage of positive user reviews).

Although the final decision, which exchange — XMLGold or 1wm — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

1wm vs MagneticExchange

Let's compare the key features of these two platforms to see which one suits you best:

  • MagneticExchange is a broker 1wm is a broker, both are using the same business model.
  • MagneticExchange had started the business May 2011 1wm started the business December 2014 (MagneticExchange is working for 3 years and 7 months longer time).
  • MagneticExchange is an ordinary company without licenses, etc. 1wm operates without a business registration or there is no information available about it (MagneticExchange's business model is more stable and safer for clients).
  • Besides buying, selling and exchanging cryptocurrencies, MagneticExchange provides no extra services 1wm provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • MagneticExchange supports 5 cryptocurrencies 1wm allows to exchange 2 cryptos (1wm supports 3 cryptocurrencies less).
  • 5 fiat currencies are available at MagneticExchange You'll be able to use 4 fiat currencies to swap with digital ones at 1wm (1wm supports 1 fiat currencies less).
  • MagneticExchange accepts deposits from and allows withdrawals to 24 fiat payment systems / banks 1wm allows the user to utilize 13 various fiat payment systems and/or banks (1wm supports 11 banks and fiat payment systems less).
  • MagneticExchange charges 5% — 31% fee 1wm charges the client 1% — 49% fee, depending on the currency, payment system, etc. (1wm & MagneticExchange charge the customer with the equal fee level, more or less).
  • Buying limits at MagneticExchange start from $6 and are up to $10,950 Deposit/withdraw limits at 1wm are $1 — $929 depending on the payment method (1wm has lower buying/selling limits).
  • MagneticExchange allows registrations from 254 countries; we are sorry, but United States is not supported this time You may register at 1wm if you reside in one of 255 countries; it serves United States among others (1wm supports more countries worldwide).
  • During the account verification MagneticExchange usually asks for 2 documents and/or procedures: (id verification, card verification) User identification at 1wm usually consists of 1 procedure: id verification (1wm 's compliance program requires the client to take more actions or to provide more data).
  • Our users left 7 testimonials about MagneticExchange, 100% of which are positive We've collected 1 users testimonials about 1wm, 100% are positive (1wm & MagneticExchange share the same percentage of positive user reviews).

Although the final decision, which exchange — MagneticExchange or 1wm — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Conclusion: is 1wm legit or scam?

Now it's time to draw a conclusion, is 1wm a scam or is it a legit exchange? We hadn't yet collected enough testimonials to assign 1wm a rating, but according to our research it's a good exchange. We have found no evidence that this broker is a scam so it should be save to deal with. Let's summarize what we like most (and what we don't) about the 1wm:

  • There is no information about the business entity, regulatory compliance, etc.
  • The broker doesn't hold customers' funds, instantly delivering monies to your wallet
  • This company has being in the business for a long time; exchange was started 5 years and 3 months ago
  • Exchange supports 2 cryptocurrencies and 4 fiat ones (totally 13 payment systems / banks are available). There are no extra services besides the digital currencies exchange
  • It charges high fees: from 1% to 49% depending on the payment method
  • The purchase / withdrawal limits are low: from $1 to $929 USD, it depends on a payment system choice
  • 1wm allows registrations from 255 countries; people from United States may use the service
  • Clients' testimonials are perfect, 100% (1 out of 1) note their positive experience dealing with 1wm.

Overall rating for 1wm: N/A
Although we have not collected enough testimonials to assign a rating to 1wm, we can pre-estimate the rating (considering there will be no user complaints) as 90/100.