Virgo Review 2023: Best Exchange for Australians!

Overview of the Virgo Australia

Virgo started in 2018 when the Virgo cryptocurrency trading platform started its operations in Australia. The trading site is committed to providing convenience and security regarding cryptocurrencies. They understand that people from different economic backgrounds should invest in crypto and diversify their portfolios.

Virgo Summary

Official Website https://virgo.co/au/
Headquarters Toronto
Found in 2018
Native Token N/A
Listed Cryptocurrency 70+ cryptocurrencies, including Bitcoin, Solana, Ethereum, Tether, Cardano, Doge, USDC, and Solana
Trading Pairs Tier 1: USDC, BTC, DAI, ETH, LTC, SOL, DOGE, ADA, MATIC, XLM, DOT, SHIB, AVAX, BCH
Tier 2: ALGO, APE, ETC, MANA, FIL, SAND, EOS, ATOM, KNC, CELO, GALA, XTZ, GRT, COMP, MKR, KSM, SNX, CRV, LRC, OP, CHZ, OMG, DYDX, BAT, AAVE, LINK, OCEAN, AXS, STORJ, SUSHI, AMP, PAXG, UNI
Tier 3: LUNA, ENS, API3, LPT, FTM, ENJ, ZRX, QNT, ANKR, SLP, NU, AUDIO, ACH, NEAR, MIR, LUNA2, CRPT, ELON, HBAR, BNT, CVX
Supported Fiat Currencies AUD
Supported Countries Australia, Canada, the UK is coming soon
Minimum Deposit A$10
Deposit Fees Free
Transaction Fees Tier 1 Assets: 0.5% to 0.95%
Tier 2 Assets: 0.8% to 1.5%
Tier 3 Assets: 1% to 2.5%”
Withdrawal Fees Free
Application Yes
Customer Support Email & Social Media Support

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Our Recommended Crypto Exchange

Virgo is one of the most trusted crypto trading sites and has a dedicated interface to give a unique trading experience. They have also incorporated advanced technology to keep pace with the ever-evolving crypto space and empower their clients to get the most profits. Super-liquidity and top-notch security are consistently maintained at Virgo Australia. However, read our Virgo review and know more about the exchange in detail.

Virgo Australia User Interface

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How Virgo Works?

It has been noted that Virgo reviews are missing information about this important point. Virgo Australia resembles other trading platforms in the market but also assembles some interesting features. You must purchase from the 70+ hot crypto coins on the Virgo platform. The crypto coins are Bitcoin, Solana, Ethereum, Tether, Cardano, Doge, USDC, Solana, and more. After your account has sufficient amount, you can surf through the different crypto markets on the site.

All the features are available at your fingertips. The simple and intuitive interface design makes your trading easier than other platforms. Deposits and withdrawals of both fiat and crypto are quick and secure. It offers one of the largest selections of coins, including NFTs, popular Metaverse, and Web3 coins.

Features of Virgo

Simple and Intuitive Design

This review of Virgo Australia confirms that it has a simple and intuitive design. The site is easy to navigate and provides you with all the information you need, such as the latest news, reviews of different coins and tokens, market data, and more. The Virgo crypto trading site was designed with simplicity in mind to help people get started with cryptocurrency trading.

Free Cash In and Cash Out

Virgo trading site allows its clients to enjoy free cash deposits and withdrawals and that makes it the best crypto exchange in Australia. It also provides its users with the opportunity to trade in a variety of currencies. The first thing that you should do when you join Virgo is to create an account. This will take about 3 to 5 minutes and is completely free.

Once you have created your account, you can deposit money into your Virgo account by wire transfer or PayID for free. When it comes to withdrawing money from your Virgo account, it is just as easy as depositing money into it. You can withdraw your funds by wire transfer or credit card, and no fees are involved in this process. The next thing you need to do when trading on Virgo ensures you are aware of their trading rules and regulations before investing any money in their site.

Free Cash In & Out at Virgo

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Competitive Pricing

The Virgo crypto trading platform is a secure and reliable crypto exchange. It provides its traders with competitive buy and sells prices supported by excellent liquidity and tight spreads. This allows traders to make the most of their trades with minimal risk. Virgo has been designed for the needs of both beginners and experienced traders. The platform offers advanced features, such as grid trading, unavailable on other best cryptocurrency exchanges. The Virgo trading platform is also very user-friendly, making it perfect for newcomers just getting into the world of crypto trading.

It has over 4 years of experience in the financial markets, which has been instrumental in developing the best cryptocurrency trading platform today. They are committed to providing traders with competitive rates and excellent customer service. The Canadian platform secured a Restricted Dealer license from Canadian Securities Administrators. The overall trading volume on Virgo increased by a remarkable 1,700% year over year from 2018 to 2022, surpassing CAD 1 billion ($727.4 million).

Instant Funding

PayID is a new way to pay. It’s a secure and simple way to send and receive money, enabling customers to make payments online, in person, or by phone. It is an open banking initiative that allows customers to pay without having to share their personal information like bank account details or sort codes.

PayID is an alternative way of paying for goods and services that can be used alongside other payment methods, such as debit cards or credit cards. To start using PayID, you need to create a Virgo account.

Once your account is verified, you can fund it with a PayID transfer from your bank account or debit card. You can buy crypto assets on Virgo by transferring funds from your PayID account. Traders are always looking for ways to make it easier for customers to buy and sell Bitcoin, Ethereum, Litecoin, and other cryptocurrencies on Virgo. PayID is one of the many features we have created to make life easier for our customers.

Virgo Instant Funding

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Large Variety of Hot Coins

With a wide range of cryptocurrencies to choose from, Virgo is the place to go for those looking to invest in crypto. They offer a secure and easy way to buy and sell digital currency with their easy-to-use interface. Virgo cryptocurrency trading platform offers one of the largest selections of coins in Australia, including Bitcoin, Ethereum, Litecoin, and more.

The site was founded by experienced traders who have been in the industry for over 10 years. The platform shares resources and knowledge with traders to help them decide what coins are worth investing in. Virgo strongly focuses on customer service and satisfaction through their 24/7 chat support and customer-focused design. They also offer unique features, such as an AI assistant that can answer cryptocurrency questions or provide information about specific coins.

Cryptocurrency Trading at Your Fingertips

Virgo is available on mobile, so that you can trade on the go. The Virgo mobile app is designed to be a user-friendly crypto trading platform where you can confidently trade cryptocurrencies. It has been built with simplicity in mind so that no matter what your level of experience, you will find it easy to use. The Virgo team understands how important it is for traders to have access to their funds at any time, which is why they created an app for both Android and iOS devices. This means that you can trade anytime and anywhere!

Crypto Trading at Your Fingertips at Virgo

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How to Open an Account on Virgo.co?

  • Step 1: Visit the official website of Virgo Australia.
  • Step 2: On the top right corner, you will find the Sign Up blue button.
  • Step 3: Click the Sign-Up button, and you will find a form pop-up. 
  • Step 4: Fill up the form with your email id, password (you want to keep for the account), and referral code (CryptoNewsZ30). Then check the Terms & Conditions box and tap on the below Sign-Up button.
  • Step 5: An email will be sent to confirm your email id. Please confirm it before moving on to the next steps.
  • Step 6: You will be asked to provide your KYC documents for Know Your Customer documents. KYC rules protect Virgo from fraud, corruption, money laundering, and financing of terrorism. Thus the process of submitting your KYC details is very important.
  • Step 7: After the KYC process, you will be given approval and access to your new account at Virgo Australia.

**Use this Promo Code “CryptoNewsZ30” to sign up to get A$30 – https://bit.ly/3EX5d6n (10 after verification and 20 after funding account for A$100).

Virgo Sign Up Process

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How to Trade Crypto on Virgo?

Coin Selection

  • Tier 1: USDC, BTC, DAI, ETH, LTC, SOL, DOGE, ADA, MATIC, XLM, DOT, SHIB, AVAX, BCH
  • Tier 2: ALGO, APE, ETC, MANA, FIL, SAND, EOS, ATOM, KNC, CELO, GALA, XTZ, GRT, COMP, MKR, KSM, SNX, CRV, LRC, OP, CHZ, OMG, DYDX, BAT, AAVE, LINK, OCEAN, AXS, STORJ, SUSHI, AMP, PAXG, UNI
  • Tier 3: LUNA, ENS, API3, LPT, FTM, ENJ, ZRX, QNT, ANKR, SLP, NU, AUDIO, ACH, NEAR, MIR, LUNA2, CRPT, ELON, HBAR, BNT, CVX

Quick Trade

Virgo is a centralized exchange, which offers a lot of security, with 2FA and cold storage for all holdings. Besides offering traders the ability to trade in cryptocurrencies, Virgo also provides an exchange for fiat currencies. This means that traders can easily convert their cryptocurrency into cash and vice versa, making it easier to manage their money and make trades accordingly.

The platform also has an extensive knowledge base with information on how cryptocurrencies work and how they can be used in trading. This means traders can use Virgo as a starting point when they want to learn more about crypto trading or if they want more information on any specific cryptocurrency or token.

Advance Trade

Virgo is a new player on the scene in the world of digital currency trading. The company, launched in 2018, has already generated a lot of buzz in the industry. The company has made headlines for its innovative approach to crypto trading and its impressive list of investors.

Virgo is a crypto trading platform that offers advanced trading features and cryptocurrency market analysis tools. The company’s goal is to make it easier for traders to enter the market by removing barriers like high fees or complicated interfaces. Virgo allows traders to manage their portfolios away from their computers with an app that works on iOS and Android devices.

How to Trade Crypto on Virgo?

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Grid Trading

Grid trading is a type of trading where traders make simultaneous buy and sell trades to profit from the price difference. Grid trading can be used with any financial market, but it is mostly used with futures markets. Grid trading can be done on any market, but it is most commonly associated with futures contracts or forex markets. Grid trading on the Virgo crypto trading platform is an option for those who want to trade cryptocurrency without putting in too much work.

Recurring Buy

Recurring buy is a feature that allows you to purchase crypto coins in bulk at regular intervals. For example, if you want to invest $200 every month, you can set up a recurring buy for $200 worth of coins, and Virgo will purchase them for you on the day of your choice. The Virgo platform is designed to provide a safe, secure, and transparent environment for traders. There are no hidden fees or commissions. The system can be easily accessed from anywhere worldwide, as long as you have an internet connection.

Large Block Trade – Virgo Wealth

There are several justifications for using Virgo for huge block trade. This includes Virgo’s extensive network of international liquidity suppliers, which guarantees access to reasonable prices when you need them. You can save on your market orders without manually routing your orders out to several venues by routing your large block order across liquidity pools. Furthermore, Virgo facilitates resolution by offering conditional same-day settlement on the majority of trades. They enable quick settlement in a wide range of fiat currencies worldwide thanks to an ever-growing network of international banking partners.

Large Block Trade – Virgo Wealth

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Additionally, you may trade whenever you choose, with 24/7 access to our extensive selection of digital currencies, all with the help of your devoted and knowledgeable Wealth Managers. For your larger orders or high-frequency trades, OTC Direct offers a seamless trading experience with optimized system uptime.

VirgoNFT 

This Virgo review also sheds light on the VirgoNFT platform. NFT is a type of non-fungible token that is used to represent digital assets. NFTs are stored on the blockchain and can be transferred like any other cryptocurrency. NFTs have many use cases, but the most popular one is in games. Players collect and trade NFTs to show off their in-game achievements or skills. The VirgoNFT platform is an instant liquidity provider for Non-Fungible Tokens (NFTs).

It enables users to trade their digital assets securely and instantly. VirgoNFT offers instant liquidity for NFTs with no trading fees. This means you can trade digital assets as soon as you purchase without waiting for transaction confirmation. VirgoNFT also offers the option of sending a message with every transaction, which allows you to keep track of what’s going on in your account.

VirgoNFT

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Virgo Fee Structure

Crypto Deposits and Withdrawals

  • Interac E-transfer- 0%
  • PayID – 0%
  • Bank Transfer- 0%
  • All Cryptocurrencies- 0% 

Fiat Deposits and Withdrawals – Funding Methods

  • Interac E-transfer- 0%
  • Bank Transfer- 0%
  • All Cryptocurrencies- 0%

Trading Fees

  • Tier 1 Assets: 0.5% to 0.95%
  • Tier 2 Assets: 0.8% to 1.5%
  • Tier 3 Assets: 1% to 2.5%

**However, check this link to find more information of Virgo Australia’s Fees & Funding

Virgo Referral Program

When you refer to your friend, you both will get a chance to receive AUD 30. You will get A$10 when your friend verifies their Virgo account, and after the first fiat deposit of A$100, you will get A$20. Getting your unique referral link is super simple.

  • First, log in to your Virgo account
  • Click on ‘View More Details
  • You will get your referral link.

Virgo Referral Program

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Virgo Security and Regulation

Virgo employs several security measures to protect its users from malicious actors who may try to steal their funds or other sensitive information. For example, Virgo stores most user’s funds offline in cold wallets which are not connected to the internet so they cannot be hacked by cybercriminals or other malicious actors who may try to steal them. It is a centralized crypto trading platform built to provide a safe and secure environment for trading.

Virgo allows traders to trade in different cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and others. The company offers traders a variety of features that are designed to ensure the safety of their investments. One of these features is the cold wallet storage system that ensures that all crypto assets are stored offline and out of reach from hackers. The company also offers two-factor authentication as an additional security measure for more sensitive transactions.

Virgo Customer Service 

The customer service of Virgo is the most important factor for a crypto trading site. Virgo is one of the best crypto trading sites. The company offers its customers top-notch customer service and has an active social media presence. Virgo’s customer service team is available 24/7 to answer customers’ questions about their accounts, transactions, and technical issues. The customer service team at Virgo consists of experts in cryptocurrencies and trading. They are available for any questions, concerns, or customer issues. The customer service team provides email: [email protected], and they are available to answer any questions and provide assistance with trading.

Virgo Customer Service

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Virgo Review: Conclusion

Virgo is a crypto trading site that was launched in 2018. The company has raised millions from investors. The Virgo website is a cryptocurrency exchange where users can buy and sell virtual currencies. It also offers services for storing, buying, and selling virtual currencies. The site has an app that provides crypto trading on the go and is available on Android and iOS devices.

The Virgo team has taken all necessary steps to ensure the safety of its users. Virgo uses industry-standard encryption algorithms and protocols to protect user data and transactions and employs bank-grade security measures to keep funds safe, among many other things.

FAQs

Is It Safe to Use Virgo?

Virgo is a crypto trading site that offers free trading and no commissions. The site has an intuitive interface, with various charts and graphs to help you make informed trading decisions. The Virgo platform is safe and secure because it uses SSL encryption, two-factor authentication, and cold storage to store your funds.

Is Virgo Free to Use?

Yes, it is free to use and has no commission or hidden fees. However, there are spreads, which vary depending on your asset tier.

  • Tier 1 Assets: 0.5% to 0.95%
  • Tier 2 Assets: 0.8% to 1.5%
  • Tier 3 Assets: 1% to 2.5%

Is There a Virgo Mobile App Available?

The Virgo app is a crypto trading mobile application developed by the Virgo company. The app is available on both Android and iOS devices. This app is a platform that allows users to trade in cryptocurrencies with the help of their mobile phones.

What Is a Minimum Deposit & Withdrawal at Virgo?

The minimum deposit and withdrawal are A$10, and the processing time is instantaneous.

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