MagratuS review & 3 testimonials for magnatus.com (04.2023)
- Overview: is MagratuS safe?
- Pros & Cons of MagratuS
- Services, MagratuS Provides
- Currencies & Payment Systems
- MagratuS fees
- Buying and selling limits
- Supported countries
- Customer service
- Verification at MagratuS
- Deposit/withdrawal speed
- Customers' testimonials
- FAQ about MagratuS
- MagratuS vs other exchanges
- Conclusion: is MagratuS legit or scam?
What is MagratuS in a nutshell? It's a rather popular, well established, fairly promising dealer aka exchanger (broker) working with some popular crypto: you can exchange these using the website. An exchanger started the business May 2012, it serves the clients for a few years.
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
Based on all these facts, our verdict is the following: MagratuS is a not bad place to exchange Bitcoins, 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:
- Magratus earned perfect testimonials from the clientele.
- Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
- Lightning-fast orders processing, according to customers feedback.
- Perfect customer care quality; customers admire it!
- Seems that the exchange operates without any business licenses, etc. Although since it's in the business for over 10 years, it definitely gained trust in the community.
- 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 MagratuS! Try MagratuS today and let us know how you like it!
Services, MagratuS Provides
The platform provides the following cryptocurrency exchange-related services:
- Helps the visitors to exchange the electronic currencies.
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 various cryptocurrencies exchange.
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 popular cryptocurrencies 2023 to invest.
MagratuS fees
Unfortunately, the integration data from MAGRATUS is missing, seems that there are some technical issues preventing our bot to crawl the information. We are sorry, but we can't analyze the fees without an access to the XML data feed, although you can check everything by yourself at the exchange website. We'll try to fix that soon!!
Buying and selling limits
We are sorry, but at the moment the XML data feed from MagratuS is missing or incorrect, so we can't provide you with this information. Please don't hesitate to either check by yourself at their website or just come back later!
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 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)
Americans are welcome to exchange various cryptos that are supported by the broker.
Please visit the exchange's website to check the offers that are currently active!
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. An exchanger may require you to verify some information about your identity; the details depend on order amount, exchange direction, payment systems used, etc.
You'll see all the details during an order creation.
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
Does MagratuS 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 MagratuS a good broker?
The testimonials are not bad, it seems to be OK exchange: not the best, not the worst. Feel free to get acquainted with the details reading this review or just jump to the conclusion!
Is MagratuS licensed? Does it hold e-money license?
It is not. We even could not find any information about the business entity operating the exchange, etc.
Is MagratuS a ripoff?
It is not. Feel free to read the whole this review to understand why or check our conclusion: is MagratuS legit or scam.
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 50 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:
- 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).
- 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 some (it depends) different procedures and the process usually takes close to nothing, the process is automated and is instant most of the time (MagratuS & TransCoin require the client to pass through the — more or less — the same process 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!
If you feel like need more comparison versus other exchanges, feel free to check these:
MagratuS vs WMexpress
Let's compare the key features of these two platforms to see which one suits you best:
- 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).
- 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 (id 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 some (it depends) different procedures and the process usually takes close to nothing, the process is automated and is instant most of the time (MagratuS's KYC, AML, etc programs and policies permit a user to finish fewer procedures, to share reduced personal information).
- Due to results of community feedback, WMexpress process deposit/withdrawal orders in about in couple of minutes 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!
If you feel like need more comparison versus other exchanges, feel free to check these:
MagratuS vs chby
Let's compare the key features of these two platforms to see which one suits you best:
- chby is a broker MagratuS is a broker, both are using the same business model.
- chby had started the business July 2018 MagratuS started the business May 2012 (MagratuS operates 6 years and 1 months longer).
- chby.io 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).
- chby 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 & chby support the same number of countries and territories).
- Our visitors rated customer care at the chby 5.0 / 5.0 Customers' service at MagratuS exchange was rated 5.0 / 5.0 by our visitors (MagratuS & chby provide the equal quality of customer support).
- During the account verification chby 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 some (it depends) different procedures and the process usually takes close to nothing, the process is automated and is instant most of the time (MagratuS & chby require the client to pass through the — more or less — the same process during the verification).
- Due to results of community feedback, chby process deposit/withdrawal orders in about in couple of minutes 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 6 testimonials about chby, 100% of which are positive We've collected 3 users testimonials about MagratuS, 100% are positive (MagratuS & chby share the same percentage of positive user reviews).
Although the final decision, which exchange — chby 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 chby with 69, we recommend you 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:
MagratuS vs 1-online
Let's compare the key features of these two platforms to see which one suits you best:
- 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).
- 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 some (it depends) different procedures and the process usually takes close to nothing, the process is automated and is instant most of the time (MagratuS & 1-online require the client to pass through the — more or less — the same process 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!
If you feel like need more comparison versus other exchanges, feel free to check these:
MagratuS vs Quickex
Let's compare the key features of these two platforms to see which one suits you best:
- 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).
- 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 some (it depends) different procedures and the process usually takes close to nothing, the process is automated and is instant most of the time (MagratuS & Quickex require the client to pass through the — more or less — the same process 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 64, we recommend you 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 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 10 years and 10 months ago
- 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