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PrivatCash review & 9 testimonials (updated 02.2020)

PrivatCash user interface: the home page in English

What is PrivatCash in a nutshell? It's a trusted, well established, promising exchange service (broker) supporting some popular crypto: you can exchange these using the website. Exchange service started the business Nov 2017, it serves the clients over a year.

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. According to the feedback from users, customer service is exceptional, 5 stars quality; the exchange is almost instant and takes less than 15 minutes! or so. Depending on the order details, you may need to verify your account to exchange crypto on this Broker.

Since 2017, PrivatCash 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 PrivatCash, can you please leave your testimonial? It will surely be a great help for us and all the community, thanks! Our platform assigns the PrivatCash 90/100 rating: it's the great result, higher than 96% of the competition! For example, 7money and VV-obmen are ranked below, although TransCoin (91/100) has better rank among our community members.

Based on all these facts, our verdict is the following: PrivatCash is a perfectly safe place to exchange Bitcoins, almost an ideal exchange with great feedback we can recommend to our dear visitors!

Overview: is PrivatCash safe?

PrivatCash is the Broker; Bl0ckchain Corp., LTD (dba PrivatCash) started the business in November 2017. The company is based in the United Kingdom with the headquarters located in the London. Official PrivatCash address is Wtc 1cv New London House 6 London Street, City Of London, EC3R 7LP.

Answering the question how safe is PrivatCash:

PrivatCash is definitely safe! 90/100 rating is rather hard to get, 96% exchanges have lower rating! Let's break down how the PrivatCash exchange got such a rating.
Time in the business: 2 years 3 months
Business model: no special licenses, etc.
Order Speed: instant
Support Quality: perfect
Verification Speed: instant
UI Usability: perfect

Overall rating for PrivatCash: 90 / 100

Pros & Cons of PrivatCash

Since PrivatCash 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:

  • Privatcash 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.
  • Fast orders processing, according to customers feedback.
  • Perfect customer care quality; customers admire it!
  • Fast client identification process: account verification takes rather a short time, in accordance with the customers reviews.
  • 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 PrivatCash! Try PrivatCash today and let us know how you like it!

Services, PrivatCash Provides

The platform provides the following cryptocurrency exchange-related services:

  • Helps the visitors to exchange the electronic currencies.

As we can see, PrivatCash 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

PrivatCash 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: Cryptocurrencies under $1 to invest in 2020.

PrivatCash fees

Unfortunately, the integration data from PrivatCash 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 data feed, although you can check everything by yourself at the exchange website.

Buying and selling limits

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

We are sorry, but at the moment the data feed from PrivatCash is missing, 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 PrivatCash allow the users from United States (US)?

USA flag

Yes, PrivatCash 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, PrivatCash provides an excellent, exceptional quality customers support! The analysis of reviews is the following:

Perfect: 8 votes
Good: 0 votes
Average: 0 votes
Not so good: 0 votes
Poor: 0 votes

Verification at PrivatCash

The broker may require the customers to pass through the user identification (account verification) process. PrivatCash 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:

Verification is instant: 7 votes
Process takes less than 5 minutes: 1 votes
Verification is ready in 5-15 mins: 0 votes
It takes up to an hour to pass through the identification: 0 votes
KYC is usually completed in few hours: 0 votes
It takes up to 24 hours to verify your account: 0 votes
Verification process takes few days: 0 votes
User identification takes over a week: 0 votes

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

Although according to data we've collected, the process of exchange is mostly automated at this broker,

Exchange is instant, zero delay: 6 votes
It's near instant, process takes less than 5 minutes: 0 votes
Order should be ready in 5-15 mins: 2 votes
It may take up to an hour to get your funds: 0 votes
Orders are completed during few hours: 0 votes
It takes up to 24 hours to get your money: 0 votes
Exchange may take a few days: 0 votes
The delay can be over a week: 0 votes

Is PrivatCash instant?

So, what can we see? According to the feedback we got from other users of this broker worldwide, PrivatCash is almost instant, processing orders very fast: it delivers the funds in 15 minutes max! That's great to know!

Customers' testimonials

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

FAQ about PrivatCash

Does PrivatCash 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 PrivatCash 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 PrivatCash licensed? Does it hold e-money license?

It is not, although seems that such business model complies with the regulation in PrivatCash home country.

Is PrivatCash a ripoff?

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

PrivatCash vs other exchanges

Let's compare PrivatCash 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!

PrivatCash vs Bitonic

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

  • Bitonic is a broker PrivatCash is a broker, both are using the same business model.
  • Bitonic had started the business May 2012 PrivatCash started the business November 2017 (Bitonic is working for 5 years and 6 months longer time).
  • Bitonic has all the required business licenses and permissions PrivatCash is an ordinary company without licenses, etc. (Bitonic's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, Bitonic provides the following extra services: Merchant Services PrivatCash provides us with less services, related to the crypto exchange: it just exchanges cryptos.
  • 1 fiat currencies are available at Bitonic PrivatCash doesn't allow to use any fiat currencies (PrivatCash supports 1 fiat currencies less).
  • Bitonic accepts deposits from and allows withdrawals to 3 fiat payment systems / banks PrivatCash doesn't support fiat payments in any form (PrivatCash supports 3 banks and fiat payment systems less).
  • Bitonic allows registrations from 46 countries; we are sorry, but United States is not supported this time You may register at PrivatCash if you reside in one of 255 countries; it serves United States among others (PrivatCash supports more countries worldwide).
  • Our visitors rated customer care at the Bitonic 5.0 / 5.0 Customers' service at PrivatCash exchange was rated 5.0 / 5.0 by our visitors (PrivatCash & Bitonic provide the equal quality of customer support).
  • During the account verification Bitonic usually asks for 3 documents and/or procedures: (id verification, phone confirmation, a bank account verification) User identification at PrivatCash 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 (PrivatCash 's compliance program requires the client to take more actions or to provide more data).
  • Due to results of community feedback, Bitonic process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated Due to results of community feedback, PrivatCash process deposit/withdrawal orders in about in couple of minutes (although the exchange itself is instant) (PrivatCash processes deposits and withdrawals slower).
  • Our users left 5 testimonials about Bitonic, 100% of which are positive We've collected 8 users testimonials about PrivatCash, 100% are positive (PrivatCash & Bitonic share the same percentage of positive user reviews).

Although the final decision, which exchange — Bitonic or PrivatCash — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although PrivatCash has a lower total rating 90 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:

PrivatCash vs BTCBIT

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

  • BTCBIT is a broker PrivatCash is a broker, both are using the same business model.
  • BTCBIT had started the business May 2017 PrivatCash started the business November 2017 (BTCBIT is working for 5 months longer time).
  • BTCBIT has all the required business licenses and permissions PrivatCash is an ordinary company without licenses, etc. (BTCBIT's business model is more stable and safer for clients).
  • Besides the digital currencies exchange, BTCBIT provides no extra services PrivatCash provides the same number of services as BTCBIT: it just exchanges cryptos.
  • BTCBIT allows registrations from 221 countries; United States is among the supported ones You may register at PrivatCash if you reside in one of 255 countries; it serves United States among others (PrivatCash supports more countries worldwide).
  • During the account verification BTCBIT usually asks for some (it depends) documents and/or procedures User identification at PrivatCash 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 (PrivatCash 's compliance program requires the client to take more actions or to provide more data).
  • Due to results of community feedback, BTCBIT process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay Due to results of community feedback, PrivatCash process deposit/withdrawal orders in about in couple of minutes (although the exchange itself is instant) (PrivatCash processes deposits and withdrawals slower).
  • Our users left 8 testimonials about BTCBIT, 100% of which are positive We've collected 8 users testimonials about PrivatCash, 100% are positive (PrivatCash & BTCBIT share the same percentage of positive user reviews).

Although the final decision, which exchange — BTCBIT or PrivatCash — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although PrivatCash has a lower total rating 90 vs BTCBIT with 98, 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:

PrivatCash vs 7money

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

  • 7money is a broker PrivatCash is a broker, both are using the same business model.
  • 7money had started the business October 2016 PrivatCash started the business November 2017 (7money is working for 1 years and 0 months longer time).
  • 7money operates without a business registration or there is no information available about it PrivatCash is an ordinary company without licenses, etc. (PrivatCash utilizes a safer and more stable business model).
  • Besides buying, selling and exchanging cryptocurrencies, 7money provides no extra services PrivatCash provides us with less services, related to the crypto exchange: it just exchanges cryptos.
  • 3 fiat currencies are available at 7money PrivatCash doesn't allow to use any fiat currencies (PrivatCash supports 3 fiat currencies less).
  • 7money accepts deposits from and allows withdrawals to 7 fiat payment systems / banks PrivatCash doesn't support fiat payments in any form (PrivatCash supports 7 banks and fiat payment systems less).
  • 7money allows registrations from 255 countries; United States is among the supported ones You may register at PrivatCash if you reside in one of 255 countries; it serves United States among others (PrivatCash & 7money support the same number of countries and territories).
  • 7money allows the user to be anonymous, there is no account verification, etc. User identification at PrivatCash 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 (PrivatCash 's compliance program requires the client to take more actions or to provide more data).
  • Our users left 2 testimonials about 7money, 100% of which are positive We've collected 8 users testimonials about PrivatCash, 100% are positive (PrivatCash & 7money share the same percentage of positive user reviews).

Although the final decision, which exchange — 7money or PrivatCash — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although PrivatCash has a better total rating 90 vs 7money's 89, 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:

PrivatCash vs VV-obmen

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

  • VV-obmen is a broker PrivatCash is a broker, both are using the same business model.
  • VV-obmen had started the business October 2016 PrivatCash started the business November 2017 (VV-obmen is working for 1 years and 0 months longer time).
  • VV-obmen operates without a business registration or there is no information available about it PrivatCash is an ordinary company without licenses, etc. (PrivatCash utilizes a safer and more stable business model).
  • Besides buying and selling cryptocurrencies, VV-obmen provides no extra services PrivatCash provides us with less services, related to the crypto exchange: it just exchanges cryptos.
  • 1 fiat currencies are available at VV-obmen PrivatCash doesn't allow to use any fiat currencies (PrivatCash supports 1 fiat currencies less).
  • VV-obmen accepts deposits from and allows withdrawals to 3 fiat payment systems / banks PrivatCash doesn't support fiat payments in any form (PrivatCash supports 3 banks and fiat payment systems less).
  • VV-obmen allows registrations from 255 countries; United States is among the supported ones You may register at PrivatCash if you reside in one of 255 countries; it serves United States among others (PrivatCash & VV-obmen support the same number of countries and territories).
  • VV-obmen allows the user to be anonymous, there is no account verification, etc. User identification at PrivatCash 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 (PrivatCash 's compliance program requires the client to take more actions or to provide more data).
  • Our users left 2 testimonials about VV-obmen, 100% of which are positive We've collected 8 users testimonials about PrivatCash, 100% are positive (PrivatCash & VV-obmen share the same percentage of positive user reviews).

Although the final decision, which exchange — VV-obmen or PrivatCash — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although PrivatCash has a better total rating 90 vs VV-obmen's 89, 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:

PrivatCash vs TransCoin

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

  • TransCoin is a broker PrivatCash is a broker, both are using the same business model.
  • TransCoin had started the business May 2018 PrivatCash started the business November 2017 (PrivatCash operates 6 months longer).
  • TransCoin has all the required business licenses and permissions PrivatCash is an ordinary company without licenses, etc. (TransCoin's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, TransCoin provides no extra services PrivatCash provides us with less services, related to the crypto exchange: it just exchanges cryptos.
  • 2 fiat currencies are available at TransCoin PrivatCash doesn't allow to use any fiat currencies (PrivatCash supports 2 fiat currencies less).
  • TransCoin accepts deposits from and allows withdrawals to 6 fiat payment systems / banks PrivatCash doesn't support fiat payments in any form (PrivatCash supports 6 banks and fiat payment systems less).
  • TransCoin allows registrations from 255 countries; United States is among the supported ones You may register at PrivatCash if you reside in one of 255 countries; it serves United States among others (PrivatCash & TransCoin support the same number of countries and territories).
  • During the account verification TransCoin usually asks for 1 document / procedure: (id verification) User identification at PrivatCash 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 (PrivatCash 's compliance program requires the client to take more actions or to provide more data).
  • Our users left 5 testimonials about TransCoin, 100% of which are positive We've collected 8 users testimonials about PrivatCash, 100% are positive (PrivatCash & TransCoin share the same percentage of positive user reviews).

Although the final decision, which exchange — TransCoin or PrivatCash — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although PrivatCash has a lower total rating 90 vs TransCoin with 91, 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 PrivatCash legit or scam?

Now it's time to draw a conclusion, is PrivatCash a scam or is it a legit exchange? We are 100% sure PrivatCash is a trusted, legit exchange with great reputation in the community. There is no way it can be called a scam! Let's summarize what we like most (and what we don't) about the PrivatCash:

  • Although it has no financial licenses, etc. such a business model complies with the regulation
  • The broker doesn't hold customers' funds, instantly delivering monies to your wallet
  • The service exists for rather a long time; exchange was started 2 years and 3 months ago
  • PrivatCash allows registrations from 255 countries; people from United States may use the service
  • Clients' testimonials are perfect, 100% (8 out of 8) note their positive experience dealing with PrivatCash. According to the customers feedback:
    • Customer support is great
    • Deposits and withdrawals are very fast
    • Verification is really fast

Overall rating for PrivatCash: 90 / 100