Currencies: 186 (152 fiat & 34 crypto) Countries: 255 PSs & Banks: 332 Exchanges: 325 Offers:
BTC/USD:

ShiftMoney review & testimonials for shift-money.com (07.2020)

ShiftMoney user interface: the home page in English

What is ShiftMoney in a nutshell? It's maybe not the most popular, but well established, exchange service (broker) supporting 1 cryptocurrency: you can buy and sell coins using 3 fiat currencies (2 banks & payment systems are supported). Exchange service started the business Aug 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 (6.5%) we may say that ShiftMoney charges very high fees: 4% — 9% (according to our statistics, 92% exchanges offer lower average fee) and has rather a low buying limits: $77 — $500 (in accordance with the statistics we've collected, 82% exchanges have higher order limits). This Broker welcomes customers from 255 countries (including your country: United States!). It serves the US and allows registrations from all the 56 states and territories. Unfortunately we couldn't yet collect enough data about the order processing speed from the customers of ShiftMoney, although according to the information from the exchange itself, order processing is automated and should be instant. You won't need to verify your account to use the services of the Broker, ShiftMoney accepts and welcomes anonymous customers!

Since 2016, ShiftMoney 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 ShiftMoney, can you please leave your testimonial? It will surely be a great help for us and all the community, thanks!

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

Overview: is ShiftMoney safe?

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

Answering the question how safe is ShiftMoney:

We are sorry, our platform has't yet collected enough data, but you can help! We know fairly much about this Broker (please continue reading), but our policies require to collect more testimonials from the users of ShiftMoney to draw a conclusion. Do you have any experience dealing with this service? Please add your feedback, this will be a great help! Or maybe you know someone who does? Kindly ask him/her to tell us about it here! We really appreciate your participation.
Time in the business: 3 years 11 months
Business model: no information available

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

Pros & Cons of ShiftMoney

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

  • ShiftMoney allows anonymous customers, there is no verification required for all the exchange directions.
  • Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
  • Seems that the exchange operates without any business licenses, etc. Although since it's in the business for over 3 years, it definitely gained trust in the community.
  • Only 1 digital currencies and 3 fiat ones are supported. Just a 2 payment systems and banks are supported. Another downside is that this exchange does't allow crypto-to-crypto swaps.
  • Low buying limits.
  • The fees are rather high.

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

Services, ShiftMoney 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, ShiftMoney 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

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

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 initial coin offerings to buy in 2020.

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 using the following payment systems:

  • Perfect Money. An international payment system (available worldwide) allowing other payments in various currencies. EUR and USD payments are available for purchasing cryptos at the exchange. Perfect Money is a popular way to buy BTC and other cryptocurrencies available at 51 exchanges of various types. You are welcome to find the best rate for buying bitcoin with perfect money at our home page!
  • Payeer. An international payment system (available worldwide) allowing other payments in various currencies. Just the RUB payments are available for purchasing cryptos at the exchange.

ShiftMoney 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:
    • 9% when you pay money using Payeer in Russian Ruble.
    • 5% when you pay money using Perfect Money in Euro.
    • 4% when you pay money using Perfect Money in US Dollar.
  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 ShiftMoney 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 ShiftMoney charges a very high fees. 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 ShiftMoney does. For example, an average fee you pay to buy Bitcoin with Perfect Money in EUR across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is 12%, ShiftMoney charges 5% for this. A nice opportunity and as you can see, the fee is low enough, especially considering the fact there is no KYC! Hence we know that ShiftMoney 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).
    • ₽5,753 minimal buy and ₽50,000 max purchase when using Payeer in Russian Ruble.
    • €68 minimal buy and €500 max purchase when using Perfect Money in Euro.
    • $77 minimal buy and $500 max purchase when using Perfect Money in US Dollar.

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

Supported countries

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

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

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

USA flag

Yes, ShiftMoney 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 1 cryptocurrencies at the ShiftMoney: 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.:

  • Payeer (note: buying only!)
  • Perfect Money (note: buying only!)

Customer service

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

Verification at ShiftMoney

The broker respects the user privacy and doesn't require verification. You may stay anonymous while using ShiftMoney, 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 ShiftMoney!

Deposit/withdrawal speed

ShiftMoney processes the orders automatically, that's definitely a good thing and the process should take no time. Although we know that some exchanges require various forms of staff approval, etc. for the specific orders; such ones generally take longer. Even fully automated platforms sometimes delay the funds delivery, so if you know that it's the case here at this broker, let us and the community know about it, please!

Is ShiftMoney instant?

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

Customers' testimonials

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

FAQ about ShiftMoney

Does ShiftMoney 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 ShiftMoney a good broker?

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

Is ShiftMoney 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 ShiftMoney a ripoff?

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

ShiftMoney vs other exchanges

Let's compare ShiftMoney 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!

ShiftMoney vs Changelly

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

  • Changelly is a broker ShiftMoney is a broker, both are using the same business model.
  • Changelly had started the business December 2013 ShiftMoney started the business August 2016 (Changelly is working for 2 years and 7 months longer time).
  • Changelly has all the required business licenses and permissions ShiftMoney operates without a business registration or there is no information available about it (Changelly's business model is more stable and safer for clients).
  • Besides the digital currencies exchange, Changelly provides no extra services ShiftMoney provides more exchange-related services: it allows us to purchase and sell digital currencies.
  • Changelly doesn't have any fiat currencies supported You'll be able to use 3 fiat currencies to swap with digital ones at ShiftMoney (ShiftMoney supports 3 fiat currencies more).
  • Changelly doesn't allow any fiat payments ShiftMoney allows the user to utilize 2 various fiat payment systems and/or banks (ShiftMoney supports 2 fiat payment systems and banks more).
  • Changelly allows registrations from 242 countries; we are sorry, but United States is not supported this time You may register at ShiftMoney if you reside in one of 255 countries; it serves United States among others (ShiftMoney supports more countries worldwide).
  • Changelly allows the user to be anonymous, there is no account verification, etc. ShiftMoney has no KYC procedures, you can be completely anonymous while exchanging here (ShiftMoney & Changelly require the client to pass through the — more or less — the same process during the verification).

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

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

ShiftMoney vs Zank

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

  • Zank is a broker ShiftMoney is a broker, both are using the same business model.
  • Zank had started the business July 2018 ShiftMoney started the business August 2016 (ShiftMoney operates 1 years and 10 months longer).
  • Zank has all the required business licenses and permissions ShiftMoney operates without a business registration or there is no information available about it (Zank's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, Zank provides no extra services ShiftMoney provides the same number of services as Zank: it allows us to purchase and sell digital currencies.
  • Zank supports 1 cryptocurrencies ShiftMoney allows to exchange 1 cryptos (ShiftMoney & Zank support the same number of digital currencys).
  • 5 fiat currencies are available at Zank You'll be able to use 3 fiat currencies to swap with digital ones at ShiftMoney (ShiftMoney supports 2 fiat currencies less).
  • Zank accepts deposits from and allows withdrawals to 21 fiat payment systems / banks ShiftMoney allows the user to utilize 2 various fiat payment systems and/or banks (ShiftMoney supports 19 banks and fiat payment systems less).
  • Zank charges 15% — 16% fee ShiftMoney charges the client 4% — 9% fee, depending on the currency, payment system, etc. (ShiftMoney & Zank charge the customer with the equal fee level, more or less).
  • Buying limits at Zank start from $6 and are up to $11,924 Deposit/withdraw limits at ShiftMoney are $77 — $500 depending on the payment method (ShiftMoney has lower buying/selling limits).
  • Zank allows registrations from 254 countries; we are sorry, but United States is not supported this time You may register at ShiftMoney if you reside in one of 255 countries; it serves United States among others (ShiftMoney supports more countries worldwide).
  • During the account verification Zank usually asks for 3 documents and/or procedures: (id verification, address confirmation, card verification) and it takes a day or two in most of the cases ShiftMoney has no KYC procedures, you can be completely anonymous while exchanging here (ShiftMoney 's KYC policy requires the customer to take less actions or to provide less data).

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

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

ShiftMoney vs Bit4Sale

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

  • Bit4Sale is a broker ShiftMoney is a broker, both are using the same business model.
  • Bit4Sale had started the business August 2018 ShiftMoney started the business August 2016 (ShiftMoney operates 2 years and 0 months longer).
  • Bit4Sale has all the required business licenses and permissions ShiftMoney operates without a business registration or there is no information available about it (Bit4Sale's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, Bit4Sale provides no extra services ShiftMoney provides the same number of services as Bit4Sale: it allows us to purchase and sell digital currencies.
  • Bit4Sale supports 9 cryptocurrencies ShiftMoney allows to exchange 1 cryptos (ShiftMoney supports 8 cryptocurrencies less).
  • 14 fiat currencies are available at Bit4Sale You'll be able to use 3 fiat currencies to swap with digital ones at ShiftMoney (ShiftMoney supports 11 fiat currencies less).
  • Bit4Sale accepts deposits from and allows withdrawals to 8 fiat payment systems / banks ShiftMoney allows the user to utilize 2 various fiat payment systems and/or banks (ShiftMoney supports 6 banks and fiat payment systems less).
  • Bit4Sale charges 6% — 8% fee ShiftMoney charges the client 4% — 9% fee, depending on the currency, payment system, etc. (ShiftMoney & Bit4Sale charge the customer with the equal fee level, more or less).
  • Buying limits at Bit4Sale start from $50 and are up to $2,000 Deposit/withdraw limits at ShiftMoney are $77 — $500 depending on the payment method (ShiftMoney has lower buying/selling limits).
  • Bit4Sale allows registrations from 255 countries; United States is among the supported ones You may register at ShiftMoney if you reside in one of 255 countries; it serves United States among others (ShiftMoney & Bit4Sale support the same number of countries and territories).
  • During the account verification Bit4Sale usually asks for 2 documents and/or procedures: (id verification, phone confirmation) and it takes a day or two in most of the cases ShiftMoney has no KYC procedures, you can be completely anonymous while exchanging here (ShiftMoney 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — Bit4Sale or ShiftMoney — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

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

ShiftMoney vs 365cash

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

  • 365cash is a broker ShiftMoney is a broker, both are using the same business model.
  • 365cash had started the business April 2015 ShiftMoney started the business August 2016 (365cash is working for 1 years and 3 months longer time).
  • 365cash operates without a business registration or there is no information available about it ShiftMoney 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, selling and exchanging cryptocurrencies, 365cash provides no extra services ShiftMoney provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • 365cash supports 7 cryptocurrencies ShiftMoney allows to exchange 1 cryptos (ShiftMoney supports 6 cryptocurrencies less).
  • 3 fiat currencies are available at 365cash You'll be able to use 3 fiat currencies to swap with digital ones at ShiftMoney (ShiftMoney & 365cash support the same number of fiat currencys).
  • 365cash accepts deposits from and allows withdrawals to 12 fiat payment systems / banks ShiftMoney allows the user to utilize 2 various fiat payment systems and/or banks (ShiftMoney supports 10 banks and fiat payment systems less).
  • 365cash charges -2% — 5% fee ShiftMoney charges the client 4% — 9% fee, depending on the currency, payment system, etc. (ShiftMoney has higher fees, generally).
  • Buying limits at 365cash start from $91 and are up to $47,336 Deposit/withdraw limits at ShiftMoney are $77 — $500 depending on the payment method (ShiftMoney has lower buying/selling limits).
  • 365cash allows registrations from 255 countries; United States is among the supported ones You may register at ShiftMoney if you reside in one of 255 countries; it serves United States among others (ShiftMoney & 365cash support the same number of countries and territories).
  • During the account verification 365cash usually asks for 1 document / procedure: (card verification) ShiftMoney has no KYC procedures, you can be completely anonymous while exchanging here (ShiftMoney 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — 365cash or ShiftMoney — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

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

ShiftMoney vs ObmenOM

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

  • ObmenOM is a broker ShiftMoney is a broker, both are using the same business model.
  • ObmenOM had started the business July 2015 ShiftMoney started the business August 2016 (ObmenOM is working for 1 years and 0 months longer time).
  • ObmenOM operates without a business registration or there is no information available about it ShiftMoney 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, ObmenOM provides no extra services ShiftMoney provides the same number of services as ObmenOM: it allows us to purchase and sell digital currencies.
  • ObmenOM supports 5 cryptocurrencies ShiftMoney allows to exchange 1 cryptos (ShiftMoney supports 4 cryptocurrencies less).
  • 3 fiat currencies are available at ObmenOM You'll be able to use 3 fiat currencies to swap with digital ones at ShiftMoney (ShiftMoney & ObmenOM support the same number of fiat currencys).
  • ObmenOM accepts deposits from and allows withdrawals to 5 fiat payment systems / banks ShiftMoney allows the user to utilize 2 various fiat payment systems and/or banks (ShiftMoney supports 3 banks and fiat payment systems less).
  • ObmenOM charges -2% — -1% fee ShiftMoney charges the client 4% — 9% fee, depending on the currency, payment system, etc. (ShiftMoney has higher fees, generally).
  • Buying limits at ObmenOM start from $187 and are up to $20,000 Deposit/withdraw limits at ShiftMoney are $77 — $500 depending on the payment method (ShiftMoney has lower buying/selling limits).
  • ObmenOM allows registrations from 255 countries; United States is among the supported ones You may register at ShiftMoney if you reside in one of 255 countries; it serves United States among others (ShiftMoney & ObmenOM support the same number of countries and territories).
  • ObmenOM allows the user to be anonymous, there is no account verification, etc. ShiftMoney has no KYC procedures, you can be completely anonymous while exchanging here (ShiftMoney & ObmenOM require the client to pass through the — more or less — the same process during the verification).

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

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

Conclusion: is ShiftMoney legit or scam?

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

  • 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 11 months ago
  • Exchange supports 1 cryptocurrencies and 3 fiat ones (totally 2 payment systems / banks are available). There are no extra services besides the digital currencies exchange
  • It charges very high fees: from 4% to 9% depending on the payment method
  • The purchase / withdrawal limits are low: from $77 to $500 USD, it depends on a payment system choice
  • ShiftMoney 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!

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