Currencies: 186 (152 fiat & 34 crypto) Countries: 255 PSs & Banks: 325 Exchanges: 307 Offers:
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wm007 review & testimonials (updated 11.2019)

wm007 user interface: the home page in English

What is wm007 in a nutshell? It's recently added to our monitoring, promising exchange service (broker) supporting 1 cryptocurrency: you can buy and sell coins using 3 fiat currencies (15 banks & payment systems are supported). Exchange service started the business Apr 2018, it serves the clients over a year.

The exchange charges high fees: 1% — 28% (according to our statistics, 92% exchanges offer lower average fee) and has medium buying limits: $1 — $1,635 (in accordance with the statistics we've collected, 84% 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 wm007, although according to information we got, the order processing is not fully automated so delays with the funds delivery may happen. You won't need to verify your account to use the services of the Broker, wm007 accepts and welcomes anonymous customers!

Since 2018, wm007 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 wm007, 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: wm007 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 wm007 safe?

wm007 is the Broker; exchange started the business April 2018. Unfortunately, there is not much information available about the company doing business as wm007, etc.

Answering the question how safe is wm007:

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 wm007 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: 1 year 7 months
Business model: no information available

Overall rating for wm007: N/A

Pros & Cons of wm007

Although wm007 is not yet rated by our visitors, there probably are many downsides that people don't like, but there also should be strong sides. Who knows, maybe for you, our dear visitor, these are most important and you'd consider this exchange as one of the best ones. Let's check it out:

  • wm007 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.
  • Wm007 doesn't hold the clients funds, delivering the funds directly to your wallet.
  • Seems that the exchange operates without any business licenses, etc.
  • Brokers are less regulated exchanges, you are basically on your own if you have problems with such a service.

Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at wm007! Try wm007 today and let us know how you like it!

Services, wm007 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, wm007 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

Wm007 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 without proof of work to buy in 2019.

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

  • Visa & Mastercard. An international payment system (available worldwide) allowing credit/debit cards payments in various currencies. Just the KZT payments are available for both buying and selling cryptocurrencies at this exchange. Visa & Mastercard is a popular way to buy BTC and other cryptocurrencies available at 78 exchanges of various types. You are welcome to find the best rate for buying bitcoin with visa & mastercard at our home page!
  • Sberbank. A local bank (you may use from Kazakhstan) in various currencies. Just the KZT payments are available for both buying and selling cryptocurrencies at this exchange.
  • Qiwi. An international payment system (it's available in 9 countries) allowing e-wallet payments in various currencies. Just the KZT payments are available for both buying and selling cryptocurrencies at this exchange.
  • Yandex Money. A local payment system (serving Russia) allowing e-wallet payments in Russian Ruble currency. Just the RUB payments are available for both buying and selling cryptocurrencies at this exchange.
  • Perfect Money. An international payment system (available worldwide) allowing other payments in various currencies. Just the USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Western Union. An international payment system (available worldwide) allowing money orders payments in various currencies. Just the USD payments are available for selling cryptocurrency to fiat solely; at the time you can't buy crypto using this payment method here.
  • Advanced Cash. An international payment system (available worldwide) allowing other payments in various currencies. RUB and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Payeer. An international payment system (available worldwide) allowing other payments in various currencies. RUB and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Any Local Bank. An universal payment method, allowing payments from/to all the banks in various currencies. wm007 has options to use local bank transfers in the Kazakhstan. Just the KZT payments are available for both buying and selling cryptocurrencies at this exchange.
  • Golden Crown. An international payment system (you may use from Russia) allowing money orders payments in Russian Ruble currency. Just the RUB payments are available for selling cryptocurrency to fiat solely; at the time you can't buy crypto using this payment method here.
  • Mobile Balance (all operators). An international payment system (available worldwide) allowing mobile recharge payments in various currencies. Just the RUB payments are available for selling cryptocurrency to fiat solely; at the time you can't buy crypto using this payment method here.
  • Halyk Bank (Kazcom). A local bank (serving Kazakhstan) in Kazakhstani Tenge currency. Just the KZT payments are available for both buying and selling cryptocurrencies at this exchange.
  • Unistream. An international payment system (you may use from Ukraine, Russia, Tajikistan) allowing money orders payments in various currencies. Just the USD payments are available for selling cryptocurrency to fiat solely; at the time you can't buy crypto using this payment method here.
  • Kaspi Bank. A local bank (serving Kazakhstan) in Kazakhstani Tenge currency. Just the KZT payments are available for both buying and selling cryptocurrencies at this exchange.
  • ForteBank. A local bank (serving Kazakhstan) in Kazakhstani Tenge currency. Just the KZT payments are available for both buying and selling cryptocurrencies at this exchange.

wm007 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 are receiving funds to Advanced Cash in US Dollar.
    • 28% when you pay money using Advanced Cash in US Dollar.
    • 25% when you pay money using Advanced Cash in Russian Ruble.
    • 8% when you are receiving funds to Any Local Bank in Kazakhstani Tenge.
    • 21% when you pay money using Any Local Bank in Kazakhstani Tenge.
    • 5% when you are receiving funds to ForteBank in Kazakhstani Tenge.
    • 19% when you pay money using ForteBank in Kazakhstani Tenge.
    • 12% when you are receiving funds to Golden Crown in Russian Ruble.
    • 6% when you are receiving funds to Halyk Bank (Kazcom) in Kazakhstani Tenge.
    • 19% when you pay money using Halyk Bank (Kazcom) in Kazakhstani Tenge.
    • 6% when you are receiving funds to Kaspi Bank in Kazakhstani Tenge.
    • 14% when you pay money using Kaspi Bank in Kazakhstani Tenge.
    • 0% when you are receiving funds to Mobile Balance (all operators) in Russian Ruble.
    • 17% when you are receiving funds to Payeer in Russian Ruble.
    • 9% when you are receiving funds to Payeer in US Dollar.
    • 28% when you pay money using Payeer in US Dollar.
    • 25% when you pay money using Payeer in Russian Ruble.
    • 9% when you are receiving funds to Perfect Money in US Dollar.
    • 28% when you pay money using Perfect Money in US Dollar.
    • 6% when you are receiving funds to Qiwi in Kazakhstani Tenge.
    • 18% when you pay money using Qiwi in Kazakhstani Tenge.
    • 6% when you are receiving funds to Sberbank in Kazakhstani Tenge.
    • 19% when you pay money using Sberbank in Kazakhstani Tenge.
    • 12% when you are receiving funds to Unistream in US Dollar.
    • 6% when you are receiving funds to Visa & Mastercard in Kazakhstani Tenge.
    • 19% when you pay money using Visa & Mastercard in Kazakhstani Tenge.
    • 15% when you are receiving funds to Western Union in US Dollar.
    • 1% when you are receiving funds to Yandex Money in Russian Ruble.
    • 25% when you pay money using Yandex Money in Russian Ruble.
  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 wm007 fees high or low?

Now it's time to draw a conclusion: Wm007 takes high fees from the clients. 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 wm007 does. For example, an average fee you pay to buy Bitcoin with Visa & Mastercard in KZT across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is 13%, wm007 charges 19% for this. Seems fair, especially considering the anonymity!

Buying and selling limits

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

  1. Purchase limits (when you buy crypto).
    • $15 minimal buy and $1,453 max purchase when using Advanced Cash in US Dollar.
    • ₽1,000 minimal buy and ₽89,099 max purchase when using Advanced Cash in Russian Ruble.
    • ₸15,000 minimal buy and ₸100,000 max purchase when using Any Local Bank in Kazakhstani Tenge.
    • ₸4,000 minimal buy and ₸494,379 max purchase when using ForteBank in Kazakhstani Tenge.
    • ₸4,000 minimal buy and ₸400,000 max purchase when using Halyk Bank (Kazcom) in Kazakhstani Tenge.
    • ₸15,000 minimal buy and ₸467,069 max purchase when using Kaspi Bank in Kazakhstani Tenge.
    • $100 minimal buy and $1,453 max purchase when using Payeer in US Dollar.
    • ₽1,000 minimal buy and ₽88,839 max purchase when using Payeer in Russian Ruble.
    • $40 minimal buy and $1,453 max purchase when using Perfect Money in US Dollar.
    • ₸15,000 minimal buy and ₸491,648 max purchase when using Qiwi in Kazakhstani Tenge.
    • ₸4,000 minimal buy and ₸494,325 max purchase when using Sberbank in Kazakhstani Tenge.
    • ₸4,000 minimal buy and ₸494,379 max purchase when using Visa & Mastercard in Kazakhstani Tenge.
    • ₽1,000 minimal buy and ₽50,000 max purchase when using Yandex Money in Russian Ruble.
  2. Withdrawal limits (when you out-exchange crypto to the fiat money).
    • $1 min and $1,385 maximal withdrawal when receiving money to Advanced Cash in US Dollar.
    • ₸273 min and ₸300,000 maximal withdrawal when receiving money to Any Local Bank in Kazakhstani Tenge.
    • ₸279 min and ₸316,107 maximal withdrawal when receiving money to ForteBank in Kazakhstani Tenge.
    • ₽4,353 min and ₽20,000 maximal withdrawal when receiving money to Golden Crown in Russian Ruble.
    • ₸274 min and ₸299,884 maximal withdrawal when receiving money to Halyk Bank (Kazcom) in Kazakhstani Tenge.
    • ₸273 min and ₸307,162 maximal withdrawal when receiving money to Kaspi Bank in Kazakhstani Tenge.
    • ₽48 min and ₽4,831 maximal withdrawal when receiving money to Mobile Balance (all operators) in Russian Ruble.
    • ₽40 min and ₽6,261 maximal withdrawal when receiving money to Payeer in Russian Ruble.
    • $1 min and $165 maximal withdrawal when receiving money to Payeer in US Dollar.
    • $1 min and $1,487 maximal withdrawal when receiving money to Perfect Money in US Dollar.
    • ₸276 min and ₸13,978 maximal withdrawal when receiving money to Qiwi in Kazakhstani Tenge.
    • ₸5,481 min and ₸301,214 maximal withdrawal when receiving money to Sberbank in Kazakhstani Tenge.
    • $662 min and $1,635 maximal withdrawal when receiving money to Unistream in US Dollar.
    • ₸277 min and ₸351,467 maximal withdrawal when receiving money to Visa & Mastercard in Kazakhstani Tenge.
    • $64 min and $264 maximal withdrawal when receiving money to Western Union in US Dollar.
    • ₽48 min and ₽15,524 maximal withdrawal when receiving money to Yandex Money in Russian Ruble.

And the good news: there are no limits on other payment systems (the limitations the payment system has aside) wm007 supports! Comparing to other exchanges, Wm007 has medium buying and selling limits; it's rather convenient, although there are some other ones with higher max.

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)
  • Croatia (HR)
  • Cuba (CU)
  • Curaçao (CW)
  • Cyprus (CY)
  • Czech Republic (CZ)
  • Côte d’Ivoire (CI)
  • 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)
  • North Korea (KP)
  • Northern Mariana Islands (MP)
  • 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)
  • Romania (RO)
  • Russia (RU)
  • Rwanda (RW)
  • Réunion (RE)
  • Samoa (WS)
  • San Marino (SM)
  • 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)
  • São Tomé & Príncipe (ST)
  • 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)
  • U.S. Outlying Islands (UM)
  • U.S. Virgin Islands (VI)
  • Uganda (UG)
  • Ukraine (UA)
  • United Arab Emirates (AE)
  • United Kingdom (GB)
  • United States (US)
  • Uruguay (UY)
  • Uzbekistan (UZ)
  • Vanuatu (VU)
  • Vatican City (VA)
  • Venezuela (VE)
  • Vietnam (VN)
  • Wallis & Futuna (WF)
  • Western Sahara (EH)
  • Yemen (YE)
  • Zambia (ZM)
  • Zimbabwe (ZW)

Does wm007 allow the users from United States (US)?

USA flag

Yes, wm007 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 wm007: 6 banks and payment systems totally (out of the 15 the broker supports, that's 40% of all the available ones) can be used by people from the U.S.A.:

  • Advanced Cash
  • Mobile Balance (all operators) — please note — just the withdrawals to this payment system are available at the moment!
  • Payeer
  • Perfect Money
  • Visa & Mastercard
  • Western Union — please note — just the withdrawals to this payment system are available at the moment!

Customer service

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the Wm007? Can you please add your testimonial? This will help everyone a lot, thanks!

Verification at wm007

The broker respects the user privacy and doesn't require verification. You may stay anonymous while using wm007, 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 wm007!

Deposit/withdrawal speed

According to the data we have, wm007 processes all or most of the orders without an automation; orders require staff attention to be completed. The speed of money transfer varies a lot on such services, so it's good to know the situation here at this exchange.

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the Wm007? Can you please add your testimonial? This will help everyone a lot, thanks!

Is wm007 instant?

So, what can we see? In accordance with the data we know about the broker, orders at wm007 are not 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 wm007. Do you have any experience using this broker? If you do, please say a couple of words about it!

FAQ about wm007

Does wm007 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 wm007 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 wm007 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 wm007 a ripoff?

It is not a ripoff, although we have not rated wm007 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 wm007 legit or scam.

wm007 vs other exchanges

Let's compare wm007 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!

wm007 vs Bitonic

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

  • Bitonic is a broker wm007 is a broker, both are using the same business model.
  • Bitonic had started the business May 2012 wm007 started the business April 2018 (Bitonic is working for 5 years and 10 months longer time).
  • Bitonic has all the required business licenses and permissions wm007 operates without a business registration or there is no information available about it (Bitonic's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, Bitonic provides the following extra services: Merchant Services wm007 provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • Bitonic supports 1 cryptocurrencies wm007 allows to exchange 1 cryptos (wm007 & Bitonic support the same number of digital currencys).
  • 1 fiat currencies are available at Bitonic You'll be able to use 3 fiat currencies to swap with digital ones at wm007 (wm007 supports 2 fiat currencies more).
  • Bitonic accepts deposits from and allows withdrawals to 3 fiat payment systems / banks wm007 allows the user to utilize 15 various fiat payment systems and/or banks (wm007 supports 12 fiat payment systems and banks more).
  • Bitonic charges 0.0% fee wm007 charges the client 1% — 28% fee, depending on the currency, payment system, etc. (wm007 has higher fees, generally).
  • Buying limits at Bitonic start from $1 and are up to $2,769 Deposit/withdraw limits at wm007 are $1 — $1,635 depending on the payment method (wm007 has higher buying/selling limits).
  • Bitonic allows registrations from 46 countries; we are sorry, but United States is not supported this time You may register at wm007 if you reside in one of 255 countries; it serves United States among others (wm007 supports more countries worldwide).
  • During the account verification Bitonic usually asks for 3 documents and/or procedures: (id verification, phone confirmation, a bank account verification) wm007 has no KYC procedures, you can be completely anonymous while exchanging here (wm007 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — Bitonic or wm007 — 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:

wm007 vs BTCBIT

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

  • BTCBIT is a broker wm007 is a broker, both are using the same business model.
  • BTCBIT had started the business May 2017 wm007 started the business April 2018 (BTCBIT is working for 10 months longer time).
  • BTCBIT has all the required business licenses and permissions wm007 operates without a business registration or there is no information available about it (BTCBIT's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, BTCBIT provides no extra services wm007 provides the same number of services as BTCBIT: it allows us to purchase and sell digital currencies.
  • BTCBIT supports 10 cryptocurrencies wm007 allows to exchange 1 cryptos (wm007 supports 9 cryptocurrencies less).
  • 9 fiat currencies are available at BTCBIT You'll be able to use 3 fiat currencies to swap with digital ones at wm007 (wm007 supports 6 fiat currencies less).
  • BTCBIT accepts deposits from and allows withdrawals to 7 fiat payment systems / banks wm007 allows the user to utilize 15 various fiat payment systems and/or banks (wm007 supports 8 fiat payment systems and banks more).
  • BTCBIT charges 3% — 15% fee wm007 charges the client 1% — 28% fee, depending on the currency, payment system, etc. (wm007 & BTCBIT charge the customer with the equal fee level, more or less).
  • Buying limits at BTCBIT start from $50 and are up to $10,000 Deposit/withdraw limits at wm007 are $1 — $1,635 depending on the payment method (wm007 has lower buying/selling limits).
  • BTCBIT allows registrations from 221 countries; United States is among the supported ones You may register at wm007 if you reside in one of 255 countries; it serves United States among others (wm007 supports more countries worldwide).
  • BTCBIT allows the user to be anonymous, there is no account verification, etc. wm007 has no KYC procedures, you can be completely anonymous while exchanging here (wm007 & BTCBIT require the client to pass through the — more or less — the same process during the verification).

Although the final decision, which exchange — BTCBIT or wm007 — 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:

wm007 vs MagneticExchange

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

  • MagneticExchange is a broker wm007 is a broker, both are using the same business model.
  • MagneticExchange had started the business May 2011 wm007 started the business April 2018 (MagneticExchange is working for 6 years and 10 months longer time).
  • MagneticExchange is an ordinary company without licenses, etc. wm007 operates without a business registration or there is no information available about it (MagneticExchange's business model is more stable and safer for clients).
  • Besides buying, selling and exchanging cryptocurrencies, MagneticExchange provides no extra services wm007 provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • MagneticExchange supports 6 cryptocurrencies wm007 allows to exchange 1 cryptos (wm007 supports 5 cryptocurrencies less).
  • 5 fiat currencies are available at MagneticExchange You'll be able to use 3 fiat currencies to swap with digital ones at wm007 (wm007 supports 2 fiat currencies less).
  • MagneticExchange accepts deposits from and allows withdrawals to 18 fiat payment systems / banks wm007 allows the user to utilize 15 various fiat payment systems and/or banks (wm007 supports 3 banks and fiat payment systems less).
  • MagneticExchange charges 1% — 18% fee wm007 charges the client 1% — 28% fee, depending on the currency, payment system, etc. (wm007 & MagneticExchange charge the customer with the equal fee level, more or less).
  • Buying limits at MagneticExchange start from $7 and are up to $9,960 Deposit/withdraw limits at wm007 are $1 — $1,635 depending on the payment method (wm007 has lower buying/selling limits).
  • MagneticExchange allows registrations from 254 countries; we are sorry, but United States is not supported this time You may register at wm007 if you reside in one of 255 countries; it serves United States among others (wm007 supports more countries worldwide).
  • During the account verification MagneticExchange usually asks for 1 document / procedure: (id verification) wm007 has no KYC procedures, you can be completely anonymous while exchanging here (wm007 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — MagneticExchange or wm007 — 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:

wm007 vs PayBis

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

  • PayBis is a broker wm007 is a broker, both are using the same business model.
  • PayBis had started the business April 2015 wm007 started the business April 2018 (PayBis is working for 2 years and 11 months longer time).
  • PayBis is an ordinary company without licenses, etc. wm007 operates without a business registration or there is no information available about it (PayBis's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, PayBis provides no extra services wm007 provides the same number of services as PayBis: it allows us to purchase and sell digital currencies.
  • PayBis supports 8 cryptocurrencies wm007 allows to exchange 1 cryptos (wm007 supports 7 cryptocurrencies less).
  • 3 fiat currencies are available at PayBis You'll be able to use 3 fiat currencies to swap with digital ones at wm007 (wm007 & PayBis support the same number of fiat currencys).
  • PayBis accepts deposits from and allows withdrawals to 7 fiat payment systems / banks wm007 allows the user to utilize 15 various fiat payment systems and/or banks (wm007 supports 8 fiat payment systems and banks more).
  • PayBis charges 1% — 10% fee wm007 charges the client 1% — 28% fee, depending on the currency, payment system, etc. (wm007 & PayBis charge the customer with the equal fee level, more or less).
  • Buying limits at PayBis start from $20 and are up to $200,000 Deposit/withdraw limits at wm007 are $1 — $1,635 depending on the payment method (wm007 has lower buying/selling limits).
  • PayBis allows registrations from 241 countries; United States is among the supported ones You may register at wm007 if you reside in one of 255 countries; it serves United States among others (wm007 supports more countries worldwide).
  • During the account verification PayBis usually asks for 3 documents and/or procedures: (id verification, phone confirmation, address confirmation) wm007 has no KYC procedures, you can be completely anonymous while exchanging here (wm007 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — PayBis or wm007 — 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:

wm007 vs XMLGold

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

  • XMLGold is a broker wm007 is a broker, both are using the same business model.
  • XMLGold had started the business May 2006 wm007 started the business April 2018 (XMLGold is working for 11 years and 10 months longer time).
  • XMLGold is an ordinary company without licenses, etc. wm007 operates without a business registration or there is no information available about it (XMLGold's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, XMLGold provides no extra services wm007 provides the same number of services as XMLGold: it allows us to purchase and sell digital currencies.
  • XMLGold supports 3 cryptocurrencies wm007 allows to exchange 1 cryptos (wm007 supports 2 cryptocurrencies less).
  • 2 fiat currencies are available at XMLGold You'll be able to use 3 fiat currencies to swap with digital ones at wm007 (wm007 supports 1 fiat currencies more).
  • XMLGold accepts deposits from and allows withdrawals to 5 fiat payment systems / banks wm007 allows the user to utilize 15 various fiat payment systems and/or banks (wm007 supports 10 fiat payment systems and banks more).
  • XMLGold charges 0% — 2% fee wm007 charges the client 1% — 28% fee, depending on the currency, payment system, etc. (wm007 has higher fees, generally).
  • Buying limits at XMLGold start from $8 and are up to $187,428 Deposit/withdraw limits at wm007 are $1 — $1,635 depending on the payment method (wm007 has lower buying/selling limits).
  • XMLGold allows registrations from 255 countries; United States is among the supported ones You may register at wm007 if you reside in one of 255 countries; it serves United States among others (wm007 & XMLGold support the same number of countries and territories).
  • During the account verification XMLGold usually asks for 1 document / procedure: (id verification) wm007 has no KYC procedures, you can be completely anonymous while exchanging here (wm007 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — XMLGold or wm007 — 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 wm007 legit or scam?

Now it's time to draw a conclusion, is wm007 a scam or is it a legit exchange? We hadn't yet collected enough testimonials to assign wm007 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 wm007:

  • There is no information about the business entity, regulatory compliance, etc.
  • The broker doesn't hold customers' funds, instantly delivering monies to your wallet
  • The website was launched rather recently; exchange was started 1 years and 7 months ago
  • Exchange supports 1 cryptocurrencies and 3 fiat ones (totally 15 payment systems / banks are available). There are no extra services besides the digital currencies exchange
  • It charges high fees: from 1% to 28% depending on the payment method
  • The purchase and withdrawal limits are medium: from $1 to $1,635 USD, it depends on a payment system choice
  • Wm007 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 wm007: N/A