MagratuS review & 3 testimonials for magnatus.com (01.2022)

What is MagratuS in a nutshell? It's a rather popular, well established, fairly promising dealer aka exchanger (broker) working with 4 cryptocurrencies: you can buy and sell coins using 3 fiat currencies (2 banks & payment systems are supported). An exchanger started the business May 2012, it serves the clients for a few years.

The exchanger 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 (5.8%) we may say that MagratuS charges a very reasonable fee for smaller amounts; for higher ones it charges relatively high fees: 1% — 14% (in line with our statistics, 91% exchanges offer lower average fee) and has the high purchase limits available: $9.71 — $39,827 (considering the gathered statistics, 67% 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. On the report of the actual users, customer service is exceptional, 5 stars quality; the exchange is always instant! (or close). 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 2012, magnatus.com 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 MagratuS, can you please leave your testimonial? It will surely be a great help for us and all the community, thanks! Our platform assigns the magnatus.com 62/100 rating: it's not a bad result, even though it's lower than 58% competing services achieved. For example, Payget is ranked below, although Quickex (63/100) has better rank among our community members.

Based on all these facts, our verdict is the following: MagratuS is a not bad place to buy and sell cryptocurrencies, an exchange that should do the job rather well.

Overview: is MagratuS safe?

MagratuS is the Broker; exchange started the business May 2012. Unfortunately, there is not much information available about the company doing business as MagratuS, etc.

Pros & Cons of MagratuS

Since MagratuS is rated rather good by our visitors, there should be some strong sides and some downsides as well. Let's check it out:

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

Services, MagratuS 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, MagratuS 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

MagratuS provides the service of buying and selling 4 digital currencies using fiat currencies. The following cryptocurrencies are available to buy/sell: Bitcoin Cash (BCHABC), Bitcoin (BTC), Ether (ETH), Stellar (XLM).

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 innovative cryptocurrencies to invest in 2022.

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

• Paypal. An international payment system (it's available in 232 countries) allowing e-wallet payments in various currencies. EUR, RUB and USD payments are available for both buying and selling cryptocurrencies at this exchange. Paypal is a popular way to buy BTC and other cryptocurrencies available at 245 exchanges of various types. You are welcome to find the best rate for buying bitcoin with paypal at our home page!
• Skrill. An international payment system (available worldwide) allowing e-wallet payments in various currencies. EUR and USD payments are available for both buying and selling cryptocurrencies at this exchange.

MagratuS 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 Paypal in Euro: 3%
   • 10% when you pay money using Paypal in US Dollar.
   • Commission when you are receiving funds to Paypal in Russian Ruble: 2%
   • Commission when you are receiving funds to Paypal in US Dollar: 1%
   • 10% when you pay money using Paypal in Euro.
   • 14% when you pay money using Paypal in Russian Ruble.
   • 5% when you pay money using Skrill in Euro.
   • Commission when you are receiving funds to Skrill in US Dollar: 3%
   • 7% when you pay money using Skrill in US Dollar.
   • Commission when you are receiving funds to Skrill in Euro: 3%
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 MagratuS fees high or low?

Now it's time to draw a conclusion: considering the average fee the exchange charges for an operation we can state that MagratuS charges a very reasonable fee for smaller amounts; although for a higher ones it takes relatively high fees from the customers. 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 MagratuS does. For example, an average fee you pay to buy Bitcoin with Paypal in USD across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is 17%, magnatus.com charges 10% for this. A nice opportunity and as you can see, the fee is low enough! Hence we know that MagratuS 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).
   • $50 minimal buy and $15,000 max purchase when using Paypal in US Dollar.
   • €38 minimal buy and €12,000 max purchase when using Paypal in Euro.
   • ₽3,000 minimal buy and ₽3,000,000 max purchase when using Paypal in Russian Ruble.
   • €73 minimal buy and €10,000 max purchase when using Skrill in Euro.
   • $64 minimal buy and $10,000 max purchase when using Skrill in US Dollar.
2. Withdrawal limits (when you out-exchange crypto to the fiat money).
   • €8 min and €11,497 maximal withdrawal when receiving money to Paypal in Euro.
   • ₽667 min and ₽574,442 maximal withdrawal when receiving money to Paypal in Russian Ruble.
   • $23 min and $39,827 maximal withdrawal when receiving money to Paypal in US Dollar.
   • $10 min and $13,485 maximal withdrawal when receiving money to Skrill in US Dollar.
   • €9 min and €5,120 maximal withdrawal when receiving money to Skrill in Euro.

And the good news: there are no limits on other payment systems (the limitations the payment system has aside) MagratuS supports! Comparing to other exchanges, MagratuS 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)
Show all supported countries

Does MagratuS allow the users from United States (US)?

Yes, magnatus.com 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 MagratuS: 2 banks and payment systems totally (out of the 2 the broker supports, that's 100% of all the available ones) can be used by people from the U.S.A.:

• Paypal
• Skrill

Customer service

According to the community and the exchange users' testimonials, MagratuS provides an excellent, exceptional quality customers support! The analysis of reviews is the following:

Verification at MagratuS

The magnatus.com 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 data submitted by the customers with the reviews and testimonials, the average time the account verification takes is close to nothing, the process is automated and is instant most of the time! The feedback is the following:

An excellent result! Verification just takes a little bit of your time and the best thing is that you do it only once.

Deposit/withdrawal speed

MagratuS processes orders (at least, some of them) "manually" i.e. with the participation of a human operator. Hence it's critically important to know how fast the staff operates, let us show you what statistics we collected about the speed of this exchange service!

Is MagratuS instant?

So, what can we see? According to the feedback we got from other users of this broker worldwide, MagratuS is instant: money arrives right after you order it all the time. That's great to know!

Customers' testimonials

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

FAQ about MagratuS

MagratuS vs other exchanges

Let's compare magnatus.com to other similar exchange services with more or less the same 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 49 other cryptos, check the best rates to buy bitcoin and crypto in United States!

MagratuS vs TransCoin

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

our detailed review of transcoin.me

• TransCoin is a broker MagratuS is a broker, both are using the same business model.
• TransCoin had started the business May 2018 MagratuS started the business May 2012 (MagratuS operates 5 years and 11 months longer).
• transcoin.me has all the required business licenses and permissions MagratuS operates without a business registration or there is no information available about it (TransCoin's business model is more stable and safer for clients).
• Besides the digital currencies exchange, TransCoin provides no extra services MagratuS provides more exchange-related services: it allows us to purchase and sell digital currencies.
• TransCoin supports 1 cryptocurrency MagratuS allows to swap 4 cryptos (MagratuS additionally works with 3 added cryptocurrencies/tokens).
• TransCoin allows registrations from 255 countries; United States is among the supported ones You may register at MagratuS if you reside in one of 255 countries; it serves United States among others (MagratuS & TransCoin support the same number of countries and territories).
• During the account verification TransCoin usually asks for some (it depends) documents and/or procedures User identification at MagratuS usually consists of 1 procedure: id verification and the process usually takes close to nothing, the process is automated and is instant most of the time (MagratuS's compliance program and fraud prevention policies oblige the client to complete more steps during the verification).
• Our users left 5 testimonials about TransCoin, 100% of which are positive We've collected 3 users testimonials about MagratuS, 100% are positive (MagratuS & TransCoin share the same percentage of positive user reviews).

Although the final decision, which exchange — TransCoin or MagratuS — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although MagratuS has a lower total rating 62 vs TransCoin with 100, we recommend you look at the list above and decide, what is most important for you!

try TransCoin

or

exchange @ MagratuS!

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

• MagratuS vs TransCoin
• MagratuS vs WMexpress
• MagratuS vs 1-online
• MagratuS vs Payget
• MagratuS vs Quickex

MagratuS vs WMexpress

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

our detailed review of wm.express

• WMexpress is a broker MagratuS is a broker, both are using the same business model.
• WMexpress had started the business August 2015 MagratuS started the business May 2012 (MagratuS operates 3 years and 3 months longer).
• wm.express operates without a business registration or there is no information available about it MagratuS 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, WMexpress provides no extra services MagratuS provides the same number of services as WMexpress: it allows us to purchase and sell digital currencies.
• WMexpress supports 7 cryptocurrencies and tokens MagratuS allows to swap 4 cryptos (MagratuS works with 3 cryptocurrencies & tokens fewer).
• 2 fiat currencies are available on wm.express website You'll be able to use 3 national currencies to swap with digital ones at MagratuS (MagratuS supports 1 paper currency up).
• WMexpress accepts deposits from and allows withdrawals to 11 fiat payment systems / banks MagratuS allows the user to utilize 2 various fiat payment systems and/or banks (MagratuS supports 9 banks and fiat payment systems less).
• WMexpress charges 5% — 9% fee MagratuS charges the client 1% — 14% fee, depending on the currency, payment system, etc. (MagratuS has lower fees in general).
• Buying limits at WMexpress start from $472.47 and are up to $8,567 Deposit/withdraw limits at MagratuS are $9.71 — $39,827 depending on the payment method (MagratuS has higher buying/selling limits).
• WMexpress allows registrations from 255 countries; United States is among the supported ones You may register at MagratuS if you reside in one of 255 countries; it serves United States among others (MagratuS & WMexpress support the same number of countries and territories).
• Our visitors rated customer care at the WMexpress 5.0 / 5.0 Customers' service at MagratuS exchange was rated 5.0 / 5.0 by our visitors (MagratuS & WMexpress provide the equal quality of customer support).
• During the account verification WMexpress usually asks for 1 document / procedure (card verification) and it takes close to nothing, the process is automated and is instant most of the time in most of the cases User identification at MagratuS usually consists of 1 procedure: id verification and the process usually takes close to nothing, the process is automated and is instant most of the time (MagratuS & WMexpress require the client to pass through the — more or less — the same process during the verification).
• Due to results of community feedback, WMexpress process deposit/withdrawal orders in about in couple of minutes (although the exchange is instant) Due to results of community feedback, MagratuS process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay (MagratuS processes deposits and withdrawals faster
• Our users left 7 testimonials about WMexpress, 100% of which are positive We've collected 3 users testimonials about MagratuS, 100% are positive (MagratuS & WMexpress share the same percentage of positive user reviews).

Although the final decision, which exchange — WMexpress or MagratuS — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although MagratuS has a lower total rating 62 vs WMexpress with 71, we recommend you look at the list above and decide, what is most important for you!

try WMexpress

or

exchange @ MagratuS!

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

• MagratuS vs TransCoin
• MagratuS vs WMexpress
• MagratuS vs 1-online
• MagratuS vs Payget
• MagratuS vs Quickex

MagratuS vs 1-online

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

our detailed review of 1-online.ru

• 1-online is a broker MagratuS is a broker, both are using the same business model.
• 1-online had started the business February 2017 MagratuS started the business May 2012 (MagratuS operates 4 years and 9 months longer).
• 1-online.ru operates without a business registration or there is no information available about it MagratuS 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, 1-online provides no extra services MagratuS provides more exchange-related services: it allows us to purchase and sell digital currencies.
• 1-online allows registrations from 255 countries; United States is among the supported ones You may register at MagratuS if you reside in one of 255 countries; it serves United States among others (MagratuS & 1-online support the same number of countries and territories).
• Our visitors rated customer care at the 1-online 5.0 / 5.0 Customers' service at MagratuS exchange was rated 5.0 / 5.0 by our visitors (MagratuS & 1-online provide the equal quality of customer support).
• During the account verification 1-online usually asks for some (it depends) documents and/or procedures and it takes close to nothing, the process is automated and is instant most of the time in most of the cases User identification at MagratuS usually consists of 1 procedure: id verification and the process usually takes close to nothing, the process is automated and is instant most of the time (MagratuS's compliance program and fraud prevention policies oblige the client to complete more steps during the verification).
• Due to results of community feedback, 1-online process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay Due to results of community feedback, MagratuS process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay (MagratuS & 1-online process the deposits and withdrawals with equal speed).
• Our users left 5 testimonials about 1-online, 100% of which are positive We've collected 3 users testimonials about MagratuS, 100% are positive (MagratuS & 1-online share the same percentage of positive user reviews).

Although the final decision, which exchange — 1-online or MagratuS — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although MagratuS has a lower total rating 62 vs 1-online with 67, we recommend you look at the list above and decide, what is most important for you!

try 1-online

or

exchange @ MagratuS!

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

• MagratuS vs TransCoin
• MagratuS vs WMexpress
• MagratuS vs 1-online
• MagratuS vs Payget
• MagratuS vs Quickex

MagratuS vs Quickex

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

our detailed review of quickex.io

• Quickex is a broker MagratuS is a broker, both are using the same business model.
• Quickex had started the business February 2018 MagratuS started the business May 2012 (MagratuS operates 5 years and 9 months longer).
• Quickex is an ordinary company without licenses, etc. MagratuS operates without a business registration or there is no information available about it (Quickex's business model is more stable and safer for clients).
• Besides the digital currencies exchange, Quickex provides no extra services MagratuS provides more exchange-related services: it allows us to purchase and sell digital currencies.
• Quickex allows registrations from 255 countries; United States is among the supported ones You may register at MagratuS if you reside in one of 255 countries; it serves United States among others (MagratuS & Quickex support the same number of countries and territories).
• During the account verification Quickex usually asks for some (it depends) documents and/or procedures User identification at MagratuS usually consists of 1 procedure: id verification and the process usually takes close to nothing, the process is automated and is instant most of the time (MagratuS's compliance program and fraud prevention policies oblige the client to complete more steps during the verification).
• Due to results of community feedback, Quickex process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay Due to results of community feedback, MagratuS process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay (MagratuS & Quickex process the deposits and withdrawals with equal speed).
• Our users left 3 testimonials about Quickex, 100% of which are positive We've collected 3 users testimonials about MagratuS, 100% are positive (MagratuS & Quickex share the same percentage of positive user reviews).

Although the final decision, which exchange — Quickex or MagratuS — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although MagratuS has a lower total rating 62 vs Quickex with 63, we recommend you look at the list above and decide, what is most important for you!

try Quickex

or

exchange @ MagratuS!

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

• MagratuS vs TransCoin
• MagratuS vs WMexpress
• MagratuS vs 1-online
• MagratuS vs Payget
• MagratuS vs Quickex

Conclusion: is MagratuS legit or scam?

Now it's time to draw a conclusion, is magnatus.com a scam or is it a legit exchange? Although MagratuS has some flaws, disadvantages, drawbacks, etc. it should be okay to deal with, we are positive that it's not a scam! Let's summarize what we like most (and what we don't) about the MagratuS:

• 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 9 years and 8 months ago
• Exchange supports 4 cryptocurrencies and 3 fiat ones (totally 2 payment systems / banks are available). There are no extra services besides the digital currencies exchange
• It charges rather high fees: from 1% to 14% depending on the payment method; although the exchange of smaller amounts is rather inexpensive
• The purchase and withdrawal limits are among the highest: from $9.71 to $39,827 USD, it depends on a payment system choice
• MagratuS allows registrations from 255 countries; people from United States may use the service
• Clients' testimonials are perfect, 100% (3 out of 3) note their positive experience dealing with MagratuS. According to the customers feedback:
• Customer support is great
• Deposits and withdrawals are instant
• Verification is really fast