Published:
Modified:
76

SpectroCoin Review 2025

Rate:
0
SpectroCoin Review 2025
SpectroCoin Debit CardPersonal Dedicated IBANCrypto-backed Loans
Go to Website
Your Capital is at risk.

Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:SpectroCoin
Headquarter:Estonia
Founded:Feb 1, 2013
Coins:57
US Accepted:
Max Leverage:1:1
About
SpectroCoin is a cryptocurrency exchange with an 86/100 trust score and a 3.6/5 user rating on ScamAdviser. The exchange provides 7 withdrawal options [bank transfers, Bankera, Pacific Private Bank, Skrill, Amazon Gift Card, Volet.com].
Contact
Narva mnt 7b-509, Tallinn 10117, Estonia
Rank and Score
Pros and Cons
User Levels
Pros
Crypto-Backed Loans
24/7 Support
SpectroCoin Debit Card
Cons
Narrow Range of Cryptocurrencies
Limited Advanced Trading Features

SpectroCoin offers the trading of more than 50 cryptocurrencies to over 1 million users. The support is available 24/7 via 4 channels [live chat, email, phone, ticket].

This cryptocurrency exchange has received a trust score of 3.7 out of 5 on the Trustpilot website.

SpectroCoin
SpectroCoin review investigating trading platform, tradable assets, services, and more

SpectroCoin Company Information & Regulation

SpectroCoin started operating in Feb 1, 2013, by Mantas Mockevičius and Vytautas Karalevicius.

Let's review the other key points of the company:

  • Legal Name: Spectro Finance, OÜ;
  • Address: Narva mnt 7b-509, Tallinn 10117, Estonia;
  • Registration Number: 14608294.

This exchange, like many other crypto exchanges in the industry, is not regulated by any financial authority in the world.

Notable Specifics

We provide a table with all the essential features and specifics of a company in every review, and it's the same about SpectroCoin:

Exchange

SpectroCoin

Launch Date

Feb 1st, 2013

Levels

Unverified, Verified

Trading Fees

Not Specified

Restricted Countries

United States, Iran, Iraq, Afghanistan, Cuba, Libya, and so on

Supported Coins

+50

Futures Trading

No

Minimum Deposit

0.001 EUR

Deposit Methods

Crypto, Bank Transfer, VISA, MasterCard, SWIFT, Bankera, Pacific Private Bank, Skrill, Neteller, Volet.com

Withdrawal Methods

Crypto, Bank Transfer, Bankera, Pacific Private Bank, Amazon Gift Card, Volet.com

Maximum Leverage

1:1

Minimum Trade Amount

Varies

Security Factors

Bug Bounty Program, 2FA

Services

Crypto-backed Loans, SpectroCoin Debit Card, Personal Dedicated IBAN

Customer Support Ways

Live Chat, Email, Phone, Ticket

Customer Support Hours

24/7

Fiat Deposit

Yes

Affiliate Program

Yes

Orders Execution

Not Specified

Native Token

N/A

SpectroCoin Exchange Commissions and Costs

Based on our investigations on the website's pages, the company does not provide any data regarding trading fees or the leveling system for it.

However, the fees for withdrawals and deposits are mentioned on the site, which will be discussed later in the article.

Available Cryptocurrencies for Trading

SpectroCoin is not the best option when it comes to the list of available digital assets; it provides only over 50 coins and tokens:

  • Bitcoin [BTC];
  • Ethereum [ETH];
  • Litecoin [LTC];
  • Ripple [XRP];
  • Cardano [ADA];
  • Dogecoin [DOGE];
  • Tether [USDT];
  • USD Coin [USDC];
  • Binance Coin [BNB];
  • Chainlink [LINK];
  • And so on.

Note that this list will change in the future and the number might become larger or smaller.

Futures and Margin Trading in the Exchange

At the time of writing this article, SpectroCoin doesn't provide any advanced trading options such as margin or futures trading, and it's focused only on OTC trading.

If you are looking for the mentioned options, you need to take a look at other exchanges.

SpectroCoin Registration and Verification Guide

You will need to create an account in order to start trading on the exchange. Here's a guide:

SpectroCoin Sign Up
Click the button as shown in the screenshot
  • Head to the exchange's website and click on the "Sign Up" button;
  • Fill in your email, choose your country, and agree to the terms and conditions (you can also use your Google, Facebook, or Apple account;)
  • Check your inbox for a verification email and click on the provided link;
  • Create a strong password according to the conditions and repeat it.

Now, your account is created on the exchange. For complete verification, you will need to fill out a questionnaire, submit your ID, take a selfie, and confirm your phone number.

Is SpectroCoin a Secure & Safe Exchange?

The company has created a bug bounty program in order to maintain the security of the platform and patch its vulnerabilities as much as possible.

The reward is determined based on the severity of the reported bug:

Severity of the Reported Bug

Reward

Critical

$4,000-$15,000

High

$1,000-$4,000

Medium

$200-$1,000

Low

Up to $200

The reward could be increased based on the quality of the description, the proof of concept, and the fix (if included). You can report the bug via this email address: technical@spectrocoin.com.

Also, SpectroCoin offers 2FA, which is very common among exchanges, to add an extra layer of security to your account.

Deposit and Withdrawal Methods

This exchange provides a high variety in payment methods with over 10 options. In the table below, we will provide them with specifics.

Here are the deposit options:

Payment Method

Fee

Min. Deposit

Bank Transfer

None

€0.01

VISA

2.99%

€10

MasterCard

2.99%

€10

SWIFT

0.25%

€0.01

Bankera

None

€0.01

Pacific Private Bank

None

€50

Skrill

5.5%

€1

Neteller

5.5%

€1

Volet.com

0.5%

€1

You can read about the withdrawal methods in this table:

Payment Option

Fee

Min. Withdrawal

Bank Transfer

None

€5

Bankera

None

€5

Pacific Private Bank

0.2%

€50

Skrill

4%

€3

Amazon Gift Card

2%

€10

Volet.com

0.5%

€1

Also, cryptocurrency transfers are available for both deposits and withdrawals on the exchange.

Trust Scores of SpectroCoin

Reviewing user scores and the evaluations of an exchange by reputable sources such as the Trustpilot and ScamAdviser is essential when choosing one. SpectroCoin has received generally acceptable reviews from users:

SpectroCoin on Trustpilot
SpectroCoin has received a trust score of 3.7/5 on the Trustpilot website
  • Trustpilot: 3.7 out of 5 based on over 1,900 reviews with 80% 5-star scores;
  • ScamAdviser: 86/100 trust score, 3.6/5 based on +1940 user reviews.

The trust score on the latter was given by the website's algorithm based on the gathered data about www. spectrocoin.com on the internet.

SpectroCoin Support Dept. Contact Options and Schedule

This exchange offers a typical and common set of 4 support contact options to its users:

  • Live Chat: Accessible via the website;
  • Email: helpdesk@spectrocoin.com;
  • Phone Number: +372 683 8000;
  • Ticket: On the "Contact" page in the website.

The company states that the support agents are available 24/7 through live chat and most languages are supported.

Are Copy Trading and Other Passive Income Options Available?

SpectroCoin does not currently provide copy trading or specific passive income options. For those specifically seeking passive income opportunities, it's worth exploring other platforms.

Restricted Regions and Countries

SpectroCoin operates globally but, like many cryptocurrency platforms, faces restrictions in certain jurisdictions due to regulatory requirements or international sanctions.

 The platform maintains a list of Supported Countries where its full range of services is available, and these countries are excluded:

  • United States;
  • Afghanistan;
  • China;
  • Iran;
  • Iraq;
  • Pakistan;
  • Syria;
  • Libya;
  • Cuba;
  • Sudan;
  • And more.
SpectroCoin restricted regions
These countries are not supported by SpectroCoin

Writer's Opinion And Conclusion

SpectroCoin, a cryptocurrency exchange, has a bug bounty program for keeping up the security with 4 severity levels [low, medium, high, critical] to reward users up to $15,000.

The company goes by the legal name Spectro Finance, OÜ under the registration name 14608294.

FAQs

Can I use SpectroCoin in the United States?

No, the exchange does not offer any services to the United States.

What cryptocurrencies does SpectroCoin support?

The company supports over 50 cryptocurrencies, including major coins like Bitcoin, Ethereum, and many others.

Does SpectroCoin offer a mobile app?

Yes, it provides mobile apps for both iOS and Android devices.

score of blog
5 From 5.0
(1)
Rate this post
0Comment