Virgo.net Review – Only 5 Thousand Users Of This Wallet

Virgo SASU, a crypto wallet provider registered in France has quite a long-lasting business since 2019. Thus, with their poor development, all their services are quite questionable.

All in all, as a decentralized wallet provider, traders shouldn’t have many issues with this platform. Yet, many potential problems can occur. To find out what exactly to expect from this firm, read our Virgo.net review until the end.

Who Is Behind Virgo.net Company?

One of the questionable details about this company is about the individuals who founded it and its contact details. Without these, it’s hardly believable the company will operate genuinely. Especially since there are no Virgo.net reviews. Even though the firm claims to have been around for 5 years. In any case, the company presents us with their legal entity Virgo SASU, allegedly registered in France. 

Thus, there are no registration or license details presented to users. So, such statements are hard to prove. All in all, with decentralized services traders shouldn’t have many issues. However, this crypto wallet appears to be a custodial one with zero security features. Therefore, licenses issued by FMA, FCA, or any other top-tier regulator would be more than necessary. 

What Features Virgo.net Wallet Offers?

Among standard staking features that are the whole point of a crypto wallet, you can also exchange cryptos, and NFTs, use integrated swaps, integrate the company’s widget for payment options, and much more. On top of all, the company offers proprietary VGO tokens that you can use to pay the fees or earn some rewards for staking it. 

As can be seen, the company also offers daily airdrops for earning various crypto. But fairly, what company is so generous? Especially not the one that has only a bit more than 5 thousand users. 

Is Virgo.net Crypto Wallet Hot or Cold?

Generally, all wallets that include online storage are hot wallets. Therefore, it all works the same for the Virgo.net platform. Thus, the main problem is that for most of their features, they require either to register a wallet with them or to connect your existing wallet. In both cases, you could have issues. 

Even though the company claims to offer private and secure services, they don’t precise any details about their security. But when you check their mobile app download rate, you will realize what’s the time. Meanwhile, if you are interested in prop trading, make sure to check our dHEDGE and Alpha Trader Firm reviews.

Mobile App Reliability

Compared to other top-tier exchanges, especially licenses, this company has quite poor platform standards. With only a web extension and Android version of the Virgo.net app available, they can hardly compete with other more trusted firms. In the company’s defense, they at least have some apps. Thus, with only a 5K download rate on PlayStore, it’s quite speculative if it’s trustworthy or not.

What Are Virgo.net Fees?

As can be seen, the company claims the usage of all of its features is completely free. Starting with the wallet, exchange, and widget options. Of course, transactional fees are expected same as with any other company. Thus, these are disclosed when you initiate the transfer. 

The problem with these unregulated platforms is that they can face you with all kinds of fees at any time. So, before you complete registration and the Virgo.net login procedure, we suggest you wait a bit for reviews. 

Virgo.net Coin Offer

What’s surprising is that this crypto wallet provider doesn’t even present you transparent with all investment options. And yet, they expect you to trust them for some unknown reason. All in all, traders can invest in assets based on Ethereum, Polygon, and BSC blockchains. But also, there are art and NFT collections they can look through. Among all these, the most important asset is the VGO token.

What Are Contact Options Available?

In general, most crypto wallet providers offer some quick feedback options. Primarily live chat. But of course, the best option always is the call center. Nevertheless, with this company, you can only have an e-mail and online ticket form. 

Also, there are options like Telegram and Discord, but most likely only for registered users. Otherwise, you might get kicked out of the channel. But for that, we suggest you follow updates on Virgo.net Reddit posts if any pop-up.

Summary: Is This Crypto Wallet Provider Worth It?

With quite poor security features, a low amount of users, and quite non-transparent offers, it’s way better to rethink your options. Especially when you know there are many other more reliable and even licensed wallet providers. Also, if you think about it, why limit yourself only to crypto? 

Nowadays, traders opt more and more for prop trading which allows them a wide range of possibilities. But most importantly, without the risk of losing their capital in the markets. If you are interested in earning profits while trading with virtual money, prop trading and a company like Funded Trading Plus are the right places to start. 

With a profit split of up to 90% and capital up to $200k in your hands, you could be way ahead of any trader you know. Not to mention you can get access to great reward programs, giveaways, and promotions that can boost your results quite fast. Sign up with Funded Trading Plus right away if you want to change your trading course!

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