Currencies: 186 (152 fiat & 34 crypto) Countries: 255 PSs & Banks: 330 Exchanges: 311 Offers:
BTC/USD:

7money review & 2 testimonials (updated 09.2019)

7money user interface: the home page in English

What is 7money in a nutshell? It's a trusted, well established, promising exchange service (broker) supporting 4 cryptocurrencies: you can buy and sell coins using 3 fiat currencies (7 banks & payment systems are supported) or exchange one crypto into another here. Exchange service started the business Oct 2016, 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 (1.38%) we may say that 7money charges low fees: offers bonuses for some exchange directions i.e. for certain exchanges, the rate if better than the market: the bonus reaches 1%, the maximum fee is 5% (according to our statistics, 94% exchanges take higher average fee) and has the high purchase limits available: $170 — $27,353 (in accordance with the statistics we've collected, 92% exchanges allow lower limits for orders). 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 7money, although according to information we got, the order processing is not fully automated so delays with the funds delivery may happen. You won't need to verify your account to use the services of the Broker, 7money accepts and welcomes anonymous customers!

Since 2016, 7money has got great testimonials from the customers: just our platform, that was recently launched, has 2 user reviews, 100% of those are positive. It's hard to say for the majority of the users what they like dealing with the service, most of all. Our platform assigns the 7money 89/100 rating: it's the great result, higher than 89% of the competition! For example, kassa and r-obmen are ranked below, although rapid-obmen (90/100) has better rank among our community members.

Based on all these facts, our verdict is the following: 7money is a safe place to buy and sell cryptocurrencies, a great exchange, the service community appreciates!

Overview: is 7money safe?

7money is the Broker; exchange started the business October 2016. Unfortunately, there is not much information available about the company doing business as 7money, etc.

Answering the question how safe is 7money:

7money is definitely safe! 89/100 rating is rather hard to get, 89% exchanges have lower rating! Let's break down how the 7money exchange got such a rating.
Time in the business: 3 years 2 months
Feedback count: 2
Reviews: 2 positive, 0 negative, 0 neutral
Business model: no information available

Overall rating for 7money: 89 / 100

Pros & Cons of 7money

Since 7money is rated very highly by our visitors, it should have a lot of strong sides and just a few downsides. Let's check it out:

  • 7money allows anonymous customers, there is no verification required for all the exchange directions.
  • 4 digital currencies and 3 fiat ones are supported. Although, a lot of payment systems & banks, totally 7 are supported, both international and national ones: Visa & Mastercard, Yandex Money, Perfect Money, etc.
  • High purchase and withdrawal limits.
  • Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
  • 7money doesn't hold the clients funds, delivering the funds directly to your wallet.
  • Seems that the exchange operates without any business licenses, etc.
  • Brokers are less regulated exchanges, you are basically on your own if you have problems with such a service.

Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at 7money! Try 7money today and let us know how you like it!

Services, 7money 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
  • Helps you to exchange one crypto to another

As we can see, 7money doesn't provide any services besides the cryptocurrency exchange, althought it's safe to say that it does it better than many competitors!

Currencies & Payment Systems

7money provides the service of buying and selling and exchanging 4 digital currencies using fiat currencies and crypto. Besides the fiat-to-crypto conversion and vice versa, it also allows to exchange one cryptocurrency to another. The following cryptocurrencies are available to buy-sell-swap: Bitcoin (BTC), Dash (DASH), Litecoin (LTC), Zcash (ZEC).

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: Cryptocurrencies without proof of work to buy in 2020.

3 fiat currencies are supported to provide crypto purchase and selling: Russian Ruble (RUB), Ukrainian Hryvna (UAH), US Dollar (USD). The Broker will let you buy and sell Bitcoins and 3 other cryptos using the following payment systems:

  • Visa & Mastercard. An international payment system (available worldwide) allowing credit/debit cards payments in various currencies. Just the UAH 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 92 exchanges of various types. You are welcome to find the best rate for buying bitcoin with visa & mastercard at our home page!
  • 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.
  • Perfect Money. An international payment system (available worldwide) allowing other payments in various currencies. Just the 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. Just the USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Privat24. A local bank (serving Ukraine) in various currencies. Just the UAH 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. Just the USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Monobank. A local bank (serving Ukraine) in Ukrainian Hryvna currency. Just the UAH payments are available for both buying and selling cryptocurrencies at this exchange.

7money 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:
    • 1% when you pay money using Advanced Cash in US Dollar.
    • Commission when you are receiving funds to Advanced Cash in US Dollar: 0%
    • Commission when you are receiving funds to Monobank in Ukrainian Hryvna: 2%
    • 3% when you pay money using Monobank in Ukrainian Hryvna.
    • 0% when you pay money using Payeer in US Dollar.
    • Commission when you are receiving funds to Payeer in US Dollar: 1%
    • 1% when you pay money using Perfect Money in US Dollar.
    • Commission when you are receiving funds to Perfect Money in US Dollar: 0%
    • Commission when you are receiving funds to Privat24 in Ukrainian Hryvna: 2%
    • 0% when you pay money using Privat24 in Ukrainian Hryvna.
    • Commission when you are receiving funds to Visa & Mastercard in Ukrainian Hryvna: 2%
    • 1% when you pay money using Visa & Mastercard in Ukrainian Hryvna.
    • 5% when you pay money using Yandex Money in Russian Ruble.
    • Commission when you are receiving funds to Yandex Money in Russian Ruble: 1% bonus!
  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 7money 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 7money takes very low fees, moreover, for certain directions it pays the customer extra! According to our statistics, most of the exchanges charges about the same fees 7money does. For example, an average fee you pay to buy Bitcoin with Visa & Mastercard in UAH across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is 6%, 7money charges 1% for this. A nice opportunity and as you can see, the fee is low enough, especially considering the fact there is no KYC!

Buying and selling limits

This Broker has the following limits, applicable when you buy or sell cryptocurrencies (there are no limits on crypto-to-crypto swaps):

  1. Purchase limits (when you buy crypto).
    • $176 minimal buy and $13,748 max purchase when using Advanced Cash in US Dollar.
    • ₴4,344 minimal buy and ₴14,900 max purchase when using Monobank in Ukrainian Hryvna.
    • $174 minimal buy and $13,610 max purchase when using Payeer in US Dollar.
    • $176 minimal buy and $13,754 max purchase when using Perfect Money in US Dollar.
    • ₴4,224 minimal buy and ₴14,900 max purchase when using Privat24 in Ukrainian Hryvna.
    • ₴4,287 minimal buy and ₴14,900 max purchase when using Visa & Mastercard in Ukrainian Hryvna.
    • ₽11,243 minimal buy and ₽200,000 max purchase when using Yandex Money in Russian Ruble.
  2. Withdrawal limits (when you out-exchange crypto to the fiat money).
    • $174 min and $27,353 maximal withdrawal when receiving money to Advanced Cash in US Dollar.
    • ₴4,090 min and ₴27,661 maximal withdrawal when receiving money to Monobank in Ukrainian Hryvna.
    • $170 min and $2,808 maximal withdrawal when receiving money to Payeer in US Dollar.
    • $174 min and $27,312 maximal withdrawal when receiving money to Perfect Money in US Dollar.
    • ₴4,110 min and ₴27,661 maximal withdrawal when receiving money to Privat24 in Ukrainian Hryvna.
    • ₴4,090 min and ₴27,661 maximal withdrawal when receiving money to Visa & Mastercard in Ukrainian Hryvna.
    • ₽10,808 min and ₽819,042 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) 7money supports! Comparing to other exchanges, 7money has one of highest buying and selling limits on the whole exchange market!

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 7money allow the users from United States (US)?

USA flag

Yes, 7money 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 4 cryptocurrencies at the 7money: 4 banks and payment systems totally (out of the 7 the broker supports, that's 57% of all the available ones) can be used by people from the U.S.A.:

  • Advanced Cash
  • Payeer
  • Perfect Money
  • Visa & Mastercard

Customer service

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the 7money? Can you please add your testimonial? This will help everyone a lot, thanks!

Verification at 7money

The broker respects the user privacy and doesn't require verification. You may stay anonymous while using 7money, whatever exchange direction you need.

This is a rare find these days! You know, most of the exchanges require at least some verification. The absence of KYC policy saves the user time and prevents possible data leaks, we think that many people will appreciate such a possibility while dealing with 7money!

Deposit/withdrawal speed

According to the data we have, 7money 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 7money? Can you please add your testimonial? This will help everyone a lot, thanks!

Is 7money instant?

So, what can we see? In accordance with the data we know about the broker, orders at 7money are not instant. Although we don't have enough information about the order delivery speed from actual customers yet, sorry.

Customers' testimonials

Our users left 2 testimonials about their experience dealing with 7money, 100% of the testimonials are positive, 0% are neutral and there are 0 negative ones. Feel free to read as many of these as you like!

SatoshiN., 71 testimonials
@ 09 Sep 2019
No more testimonials to show. The rest are either outdated or written in other languages. If you have any experience dealing with 7money, can you please leave your testimonial? Thanks!

Overall result if great! 100% positive testimonials is something the business owners are very proud of, such a rating is hard to get and even harder to maintain! It means the community really trusts and likes the 7money services, so most likely, you'd enjoy it too!

FAQ about 7money

Does 7money 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 7money a good broker?

According to our rating and the clients' testimonials, it is! Feel free to get acquainted with the details reading this review or just jump to the conclusion!

Is 7money 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 7money a ripoff?

It definitely isn't! Feel free to read the whole this review to understand why or check our conclusion: is 7money legit or scam.

7money vs other exchanges

Let's compare 7money 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!

7money vs Bitonic

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

  • Bitonic is a broker 7money is a broker, both are using the same business model.
  • Bitonic had started the business May 2012 7money started the business October 2016 (Bitonic is working for 4 years and 5 months longer time).
  • Bitonic has all the required business licenses and permissions 7money 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 7money provides the same number of services as Bitonic: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • Bitonic supports 1 cryptocurrencies 7money allows to exchange 4 cryptos (7money supports 3 cryptocurrencies more).
  • 1 fiat currencies are available at Bitonic You'll be able to use 3 fiat currencies to swap with digital ones at 7money (7money supports 2 fiat currencies more).
  • Bitonic accepts deposits from and allows withdrawals to 3 fiat payment systems / banks 7money allows the user to utilize 7 various fiat payment systems and/or banks (7money supports 4 fiat payment systems and banks more).
  • Bitonic charges 0.0% fee 7money charges the client -1% — 5% fee, depending on the currency, payment system, etc. (7money has higher fees, generally).
  • Buying limits at Bitonic start from $1 and are up to $2,774 Deposit/withdraw limits at 7money are $170 — $27,353 depending on the payment method (7money 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 7money if you reside in one of 255 countries; it serves United States among others (7money 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) 7money has no KYC procedures, you can be completely anonymous while exchanging here (7money 's KYC policy requires the customer to take less actions or to provide less data).
  • Our users left 5 testimonials about Bitonic, 100% of which are positive We've collected 2 users testimonials about 7money, 100% are positive (7money & Bitonic share the same percentage of positive user reviews).

Although the final decision, which exchange — Bitonic or 7money — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although 7money has a lower total rating 89 vs Bitonic with 100, 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:

7money vs BTCBIT

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

  • BTCBIT is a broker 7money is a broker, both are using the same business model.
  • BTCBIT had started the business May 2017 7money started the business October 2016 (7money operates 6 months longer).
  • BTCBIT has all the required business licenses and permissions 7money 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 buying and selling cryptocurrencies, BTCBIT provides no extra services 7money provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • BTCBIT supports 10 cryptocurrencies 7money allows to exchange 4 cryptos (7money supports 6 cryptocurrencies less).
  • 9 fiat currencies are available at BTCBIT You'll be able to use 3 fiat currencies to swap with digital ones at 7money (7money supports 6 fiat currencies less).
  • BTCBIT accepts deposits from and allows withdrawals to 7 fiat payment systems / banks 7money allows the user to utilize 7 various fiat payment systems and/or banks (7money & BTCBIT support the same number of banks and payment systems).
  • BTCBIT charges 2% — 16% fee 7money charges the client -1% — 5% fee, depending on the currency, payment system, etc. (7money has lower fees in general).
  • Buying limits at BTCBIT start from $50 and are up to $10,000 Deposit/withdraw limits at 7money are $170 — $27,353 depending on the payment method (7money has higher buying/selling limits).
  • BTCBIT allows registrations from 221 countries; United States is among the supported ones You may register at 7money if you reside in one of 255 countries; it serves United States among others (7money supports more countries worldwide).
  • BTCBIT allows the user to be anonymous, there is no account verification, etc. 7money has no KYC procedures, you can be completely anonymous while exchanging here (7money & BTCBIT require the client to pass through the — more or less — the same process during the verification).
  • Our users left 8 testimonials about BTCBIT, 100% of which are positive We've collected 2 users testimonials about 7money, 100% are positive (7money & BTCBIT share the same percentage of positive user reviews).

Although the final decision, which exchange — BTCBIT or 7money — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although 7money has a lower total rating 89 vs BTCBIT with 97, 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:

7money vs kassa

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

  • kassa is a broker 7money is a broker, both are using the same business model.
  • kassa had started the business December 2016 7money started the business October 2016 (7money operates 1 months longer).
  • kassa operates without a business registration or there is no information available about it 7money operates without a business registration or there is no information available about it (both exchange services operate using the same approach to the business, utilizing a same legal model).
  • Besides the digital currencies exchange, kassa provides no extra services 7money provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • kassa doesn't have any fiat currencies supported You'll be able to use 3 fiat currencies to swap with digital ones at 7money (7money supports 3 fiat currencies more).
  • kassa doesn't allow any fiat payments 7money allows the user to utilize 7 various fiat payment systems and/or banks (7money supports 7 fiat payment systems and banks more).
  • kassa allows registrations from 255 countries; United States is among the supported ones You may register at 7money if you reside in one of 255 countries; it serves United States among others (7money & kassa support the same number of countries and territories).
  • kassa allows the user to be anonymous, there is no account verification, etc. 7money has no KYC procedures, you can be completely anonymous while exchanging here (7money & kassa require the client to pass through the — more or less — the same process during the verification).
  • Our users left 2 testimonials about kassa, 100% of which are positive We've collected 2 users testimonials about 7money, 100% are positive (7money & kassa share the same percentage of positive user reviews).

Although the final decision, which exchange — kassa or 7money — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although 7money has a better total rating 89 vs kassa's 88, 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:

7money vs r-obmen

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

  • r-obmen is a broker 7money is a broker, both are using the same business model.
  • r-obmen had started the business December 2016 7money started the business October 2016 (7money operates 1 months longer).
  • r-obmen operates without a business registration or there is no information available about it 7money operates without a business registration or there is no information available about it (both exchange services operate using the same approach to the business, utilizing a same legal model).
  • Besides buying and selling cryptocurrencies, r-obmen provides no extra services 7money provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • r-obmen supports 2 cryptocurrencies 7money allows to exchange 4 cryptos (7money supports 2 cryptocurrencies more).
  • 1 fiat currencies are available at r-obmen You'll be able to use 3 fiat currencies to swap with digital ones at 7money (7money supports 2 fiat currencies more).
  • r-obmen accepts deposits from and allows withdrawals to 5 fiat payment systems / banks 7money allows the user to utilize 7 various fiat payment systems and/or banks (7money supports 2 fiat payment systems and banks more).
  • r-obmen charges 10% — 12% fee 7money charges the client -1% — 5% fee, depending on the currency, payment system, etc. (7money has lower fees in general).
  • Buying limits at r-obmen start from $19 and are up to $162 Deposit/withdraw limits at 7money are $170 — $27,353 depending on the payment method (7money has higher buying/selling limits).
  • r-obmen allows registrations from 255 countries; United States is among the supported ones You may register at 7money if you reside in one of 255 countries; it serves United States among others (7money & r-obmen support the same number of countries and territories).
  • r-obmen allows the user to be anonymous, there is no account verification, etc. 7money has no KYC procedures, you can be completely anonymous while exchanging here (7money & r-obmen require the client to pass through the — more or less — the same process during the verification).
  • Our users left 2 testimonials about r-obmen, 100% of which are positive We've collected 2 users testimonials about 7money, 100% are positive (7money & r-obmen share the same percentage of positive user reviews).

Although the final decision, which exchange — r-obmen or 7money — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although 7money has a better total rating 89 vs r-obmen's 88, 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:

7money vs rapid-obmen

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

  • rapid-obmen is a broker 7money is a broker, both are using the same business model.
  • rapid-obmen had started the business July 2014 7money started the business October 2016 (rapid-obmen is working for 2 years and 3 months longer time).
  • rapid-obmen operates without a business registration or there is no information available about it 7money operates without a business registration or there is no information available about it (both exchange services operate using the same approach to the business, utilizing a same legal model).
  • Besides the digital currencies exchange, rapid-obmen provides no extra services 7money provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • rapid-obmen doesn't have any fiat currencies supported You'll be able to use 3 fiat currencies to swap with digital ones at 7money (7money supports 3 fiat currencies more).
  • rapid-obmen doesn't allow any fiat payments 7money allows the user to utilize 7 various fiat payment systems and/or banks (7money supports 7 fiat payment systems and banks more).
  • rapid-obmen allows registrations from 255 countries; United States is among the supported ones You may register at 7money if you reside in one of 255 countries; it serves United States among others (7money & rapid-obmen support the same number of countries and territories).
  • During the account verification rapid-obmen usually asks for some (it depends) documents and/or procedures 7money has no KYC procedures, you can be completely anonymous while exchanging here (7money 's KYC policy requires the customer to take less actions or to provide less data).
  • Our users left 2 testimonials about rapid-obmen, 100% of which are positive We've collected 2 users testimonials about 7money, 100% are positive (7money & rapid-obmen share the same percentage of positive user reviews).

Although the final decision, which exchange — rapid-obmen or 7money — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although 7money has a lower total rating 89 vs rapid-obmen with 90, 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 7money legit or scam?

Now it's time to draw a conclusion, is 7money a scam or is it a legit exchange? Well, 7money is definitely a legit exchange, it can't be called scam for sure! Let's summarize what we like most (and what we don't) about the 7money:

  • 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 3 years and 2 months ago
  • Exchange supports 4 cryptocurrencies and 3 fiat ones (totally 7 payment systems / banks are available). There are no extra services besides the digital currencies exchange
  • It charges low fees: from -1% to 5% depending on the payment method
  • The purchase and withdrawal limits are among the highest: from $170 to $27,353 USD, it depends on a payment system choice
  • 7money allows registrations from 255 countries; people from United States may use the service
  • You may remain anonymous while using the exchange services. We should add that there are not so many exchanges with no KYC left these days!
  • Clients' testimonials are perfect, 100% (2 out of 2) note their positive experience dealing with 7money.

Overall rating for 7money: 89 / 100