When Can I Sell My Crypto on Voyager? A Comprehensive Guide for US Users
If you're wondering about the right time to sell your crypto assets on Voyager, you've come to the right place. This brief review will provide you with all the essential information you need to know, highlighting the positive aspects, benefits, and conditions for using the "When can I sell my crypto on Voyager" feature.
Benefits of Selling Crypto on Voyager:
Voyager offers a simple and intuitive platform, making it easy for both beginners and experienced traders to navigate and sell their crypto assets effortlessly.
The user-friendly interface ensures a seamless selling experience.
Wide Range of Supported Cryptocurrencies:
Voyager supports a diverse range of cryptocurrencies, including popular ones like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and many more.
This extensive selection allows you to sell a variety of assets, maximizing your investment opportunities.
Voyager offers competitive fees for buying and selling crypto assets, ensuring that you retain a significant portion of your profits.
The transparent fee structure allows you to plan your selling strategy effectively.
Quick and Efficient Execution:
When you're ready to sell your crypto assets, Voyager provides
Customers who deposited unsupported cryptocurrencies on Voyager may not receive those specific cryptocurrencies back as part of the repayment process. Instead, Voyager plans to refund customers in the stablecoin USDC for unsupported cryptocurrencies and Voyager's proprietary VGX token deposits.
Voyager filed for bankruptcy protection in July, citing volatility in cryptocurrency markets and a default on a large loan made to crypto hedge fund Three Arrows Capital (3AC). Two sale attempts failed during Voyager's bankruptcy.
How do I get money out of Voyager 2023?
You can now withdraw your Voyager crypto from the Voyager app and send it to your Exodus self-custody wallet. If you need to, you can download Exodus here: Download Exodus. From June 23, 2023, you will have 30 days to complete your withdrawal.
Is Voyager still selling crypto?
10 Years of Decentralizing the Future
Lawyers for Voyager Digital say the bankrupt crypto lender will self-liquidate its assets and wind down operations after failing to clinch a deal on a sale to either FTX US or Binance.US.
What happened to all my money in Voyager?
When the company failed, consumers lost access to significant assets they had saved, including ongoing salary deposits, college tuition funds, and down payments for homes, according to the complaint, which notes that consumers were locked out of their cash accounts for more than a month and lost more than $1 billion in
Can I get my crypto out of Voyager?
To receive your initial crypto recovery in kind from Voyager, it is crucial that you transfer all of your available crypto assets from your Voyager account to a designated wallet address. This transfer can be made to another U.S.-based exchange or a self-custody wallet of your choice.
Terra Luna ($LUNA) trading is now officially paused on the Voyager app. Once trading has resumed under the Terra Classic ($LUNC) name, we will make an announcement.
Customers may expect to make withdrawals starting from June 1, with any additional distributions contingent upon future litigation outcomes.
Frequently Asked Questions
Can I get my money out of Voyager?
How do I withdraw Voyager crypto to Exodus? You can now withdraw your Voyager crypto from the Voyager app and send it to your Exodus self-custody wallet. If you need to, you can download Exodus here: Download Exodus. From June 23, 2023, you will have 30 days to complete your withdrawal.
What went wrong with Voyager crypto?
The FTC staff complaint alleges that Voyager and Stephen Ehrlich violated the FTC Act's prohibition on deceptive practices and the Gramm-Leach-Bliley Act's prohibition on obtaining a customer's financial information through false, fictitious, or fraudulent statements.
Will Voyager customers get their crypto back?
NEW YORK, May 17 (Reuters) - Crypto lender Voyager Digital said Wednesday that customers will soon recover about 35% of their cryptocurrency deposits as the company winds down operations after a failed buyout attempt by crypto exchange Binance.US.
What's wrong with Voyager app?
On August 15, 2023, the Voyager app was shut down. You are not able to log in or use the app. To prevent confusion, the Wind-Down Debtors recommend deleting the app from your device.
When can i sell my crypto on voyager
When will i be able to sell my crypto on voyager
While this development is disappointing, our chapter 11 plan allows for direct distribution of cash and crypto to customers (a “toggle option”) via the Voyager
How do I transfer my crypto from Voyager to Coinbase?
Dollars and we're going to slide to send this money now we're going to go ahead. And click confirm. This is going to want the verification. Code. So we're going to go ahead and click submit transfer.
Will I get my money back from Voyager?
Voyager intends to repay customers with the same type of cryptocurrency they had in their accounts. For deposits held in unsupported cryptocurrencies that cannot be withdrawn from Voyager's platform and for Voyager's proprietary VGX token, Voyager will instead repay customers using the stablecoin USDC.
What will happen to my Voyager Digital shares?
According to a filing on Friday, Voyager customers will be able to recover only 36% of their crypto holdings, which is much lower than the 72-73% they would have received if the Binance US deal had gone ahead.