I came across Advcash in 2019 when I was looking for an alternative means of getting paid while working as a freelancer. It was when my PayPal account got blocked, and to be honest, I was just tired of high PayPal and Bank transaction fees.
After using the e-wallet for nearly four years, I’m writing this Advcash Review to help you decide whether Advcash is right for you.
Summary: Advcash is an excellent digital wallet that you can use to send, receive, and spend money. You can exchange money from one currency to another, making it a good option for people who like traveling. Additionally, Advcash allows you to buy, sell, and keep crypto. So it’s a good option if you want to get into crypto.
Does that sound good? Head over to Advcash to try it out, or continue reading to learn more.
Read also:
Airtm Review 2023 | Is Airtm Safe & How Does It Work?
What is Advcash?
Advcash is a multicurrency digital wallet that offers various payment solutions for managing funds, conducting local and international money transfers, and engaging with cryptocurrencies.
Advcash offers virtual and physical cards with cashback on payments, making it the ideal payment solution for individuals, freelancers, and businesses.
Advcash was established in 2014. It is headquartered in Belize and offers several payment services in more than 150 countries.
Is Advcash legit and safe to use?
Yes, Advcash is a legitimate wallet that is safe to use. Moreover, It is trusted by over 7 million users worldwide and boasts an excellent Trustpilot rating of 4.4, with over 3000 positive reviews.
ScamAdviser, a website dedicated to fighting scams online, rates Advcash with a 100% trust score. This implies that in no way is Advcash a scam, according to ScamAdviser’s scam detector algorithm.
I would like to add that I have been using Advcash for almost four years now, and I have never encountered any issues with accessing my money or lost any funds. Therefore, I can confidently say that Advcash is a legitimate and safe wallet to use.
Let me break it down so you can see why Advcash is a reliable and safe option.
First and foremost, let’s talk about whether Advcash is legit.
Advcash is a legit company regulated and authorized to provide money transfers and other payment services. It is registered in Belize and operates in over 150 countries.
When it comes to safety, Advcash has put up a lot of security measures to ensure customers’ funds are safe. Here are some of the things Advcash does to keep your money safe:
- IP Address Binding: This feature is designed to enhance the security of your account by restricting account access to a single IP address. This means that only you can log into your account, and if someone tries to log in from a different location, they will not be able to do so, even if they have your login details.
- Payment Password: When turned on, this feature adds extra security to your account by requiring you to enter a password whenever you want to transfer money from your account.
- Two-Factor Authentication
- Code Card
- SMS Authorization
With all these security measures, Advcash is safe. But you have to make sure that you turn on these security settings to ensure your account is safe.
Advcash Fees
In comparison to most e-wallets, Advcash is relatively cheap to use.
Fees for depositing money into Advcash:
- Using a Mastercard or Visa card, the fee is 3.5% of the amount being deposited.
- From a bank account, varies depending on the amount. For SEPA, the fee is 3.83%, but it’s not working at the moment. And the fee for PIX (Brazil) is only $0.31.
- Depositing money using crypto is free except for USDT and USDC which costs $1.5 regardless of the amount.
Fees for sending and withdrawing money to:
- another Advcash account or Advcash card is free.
- Mastercard or Visa cards; 2.5% + $5 or equivalent.
- bank accounts; 0.5% of the amount.
How Advcash works
Advcash is an all-in-one payment solution that allows individuals and businesses to transfer money to bank cards or bank accounts, pay for goods and services, receive payments online, and exchange money between different currencies.
Moreover, Advcash allows you to buy, sell, and hold cryptocurrencies. Additionally, Advcash facilitates the deposit and withdrawal of funds from various trading and freelancer platforms, making it a convenient option for those who engage in online transactions.
Advcash Features
Now let’s talk about Advcash features.
Money Transfers
For most of you, being able to send and receive money is all you are looking for, and Advcash does an excellent job of ensuring that users can send and receive money.
You can easily send money to another Advcash user using their email or ADV Card. Sending money to another user is free of charge. Even if your recipient has no Advcash account, you can still send money to them through email, and it’s free.
You can also send money to bank cards (Mastercard or Visa cards) and bank accounts using Advcash.
To receive money on Advcash is as simple as drinking water. All you need is to give your email address to the sender, then you are good to go. However, if you don’t want to create an account on Advcash, all you need is to give your bank card or bank account details to the sender then you are good to go.
Advcash Card
Advcash offers cards that allow you to withdraw money from your account and make payments online and in-store. If you travel frequently, having an Advcash card can be very useful since it works worldwide.
Advcash provides two types of cards: the Euro card and the Global card.
If you live in Europe, you can get the Adv Euro card, which can be either a Mastercard or Visa. You can choose between a virtual Euro card for $9.5 or a plastic card for $19.5.
If you live outside Europe, you can get a plastic UnionPay card or Mastercard for $95.
Advcash Crypto
Advcash is a widely used e-wallet in the cryptocurrency market. The platform offers the convenience of buying, holding, and selling cryptocurrencies within the wallet.
At the moment, Advcash supports a range of cryptocurrencies, which are displayed in the image below. This image also indicates the amount of cryptocurrency that would be added to your account if you purchase $100 worth of crypto using Mastercard or Visa.
In addition to being able to buy crypto within the wallet, Advcash is used as a payment method on most crypto exchanges. Therefore, you can easily buy crypto on your favorite crypto exchanges using Advcash.
Advcash Business Account
Are you a business that wants to send out mass payments? If so, Advanced Cash offers business accounts that allow you to do just that. You can open business accounts with Advcash and be able to carry out the following:
- Use Advanced Cash as a payment mode on your website to receive payments.
- Send out mass payments to both Advcash users and non-users.
- Send or receive debit/credit card and crypto payments.
- Use prepaid cards (Mastercard/Visa) to make payments and withdraw funds from ATMs.
- Convert money among different currencies.
- Carry out local and international money transfers.
The ADV business account offers a variety of features that make it suitable for almost any type of business. Here are some of the most common types of businesses that utilize Advcash: crypto-related, affiliate programs, online shops, cashback websites, and e-currency exchanges.
Make Payments
This e-wallet is used on several websites as a payment method, so users can use Advanced Wallet to pay for things online. In addition to this, the ADV cards enable people to make payments over POS machines. So you can go shopping and then pay with your Advcash card balance.
Advcash Referral Program
Would you like to earn some extra cash? Advcash offers a referral program that allows users to make money by inviting others to join Advcash.
Currently, Advcash pays 20% of the fees earned from users one invites to Advcash.
Multicurrency Account
Advanced Cash offers a multicurrency account that allows you to hold different balances in various currencies in a single wallet. Currently, these are the available currencies; USD, EURO, GBP, RUB, UAH, KZT, BRL, TRY AZN, and VND. However, USD is the most commonly used currency for transactions.
Currency Exchange
Since you can deposit and hold money in different currencies on Advcash, you can also exchange money from one currency for another within the wallet. To exchange money, click currency exchange and select the currencies you want to exchange.
Advcash Binance
Advcash has been a popular e-wallet on Binance. Previously, users could buy cryptocurrencies on Binance P2P, and people could also buy crypto inside their Advcash wallet using their Binance balance.
However, as of now, Advcash does not support buying crypto using Binance. Neither does Binance P2P trading support Advcash as a payment method.
Therefore, to transfer funds between Binance and Advcash, you need to use a third-party website. You can find good exchanges on BestChange that enable you to transfer funds between Advanced Cash and Binance.
How to get started with Advcash
To start using Advcash, you will need to create and verify an account.
Head over to Advcash and click on Signup in the upper right corner. Fill out the registration form and then verify your email.
Once your account is registered, log in and fill out your profile information by clicking on your name in the upper right corner and then clicking on Person Info.
Advcash Verification
You need to verify your account to use most of the features.
First, verify your phone number and then upload your ID document. In addition, you need to do the KYC verification after uploading your ID.
Once your ID is verified, you can do most things in Advanced Cash besides making bank transfers.
To withdraw/send funds to bank accounts, you must verify your address by uploading a proof of address, such as a bill or bank statement.
How to deposit money into Advcah
Advanced Cash offers users several ways to add money to their accounts.
The easiest and most common way to deposit money into your account is using cards (Mastercard or Visa). The fee for adding money to Advcash is 3.5% of the amount being deposited. Most people prefer this option because it is easy and instant. Below is a video that shows how to add money using cards.
Other options to use when depositing money include; bank transfers and crypto.
If you don’t have any of these means of depositing money into Advcash, you can use external exchanges to move money into your account. I often Airtm, but you may find other options on BestChange.
How to withdraw money from Advcash
To withdraw/send money from Advcash, click on Send Money, and you will find different options. Here are some options for sending/withdrawing money on Advanced Cash.
- Advcash account
- Advcash card
- Visa & Mastercard
- Bank account
Advcash offers free transfers for the following transfer options; Advcash account, Advcash card, and email.
Customer reviews
Advcash has a good Trustpilot rating of 4.4 and over 3000 positive reviews. After going through several reviews, it’s clear that most customers are satisfied with Advcash. You can read the reviews for yourself by going to Trustpilot.
On ScamAdviser, Advcash has a rating of 4.4 from over, 3100 reviews. Additionally, it is rated 100% trustworthy.
Although Advcash has mainly positive reviews, some users complain about the tedious and complicated verification process, as well as difficulties when withdrawing funds.
Overall, there are more positive reviews compared to negative ones, and people are satisfied with Advcash’s service provision.
Advcash alternatives
The following are the best alternatives to Advcash:
Advcash Review: Conclusion
In summary, Advcash is a legitimate and reliable e-wallet that enables you to transfer money securely. With Advcash, you can keep funds in multiple currencies and have a virtual or physical card that you can use to withdraw cash from ATMs and make payments both online and in stores.
Additionally, Advanced Cash supports buying and selling cryptocurrencies, so it is a good fit for people interested in crypto.
Finally, I would like to let you know that I have been using Advcash for four years and highly recommend it as a reliable e-wallet.
Advcash Review FAQs
Does Advcash have a mobile app?
Unfortunately, Advcash does not have an app. You can only use it by visiting their website.
How to send money from Advcash to PayPal?
To send money from Adcash to PayPal, you must transfer money first to your bank account and then send it to your PayPal account. This is because Advanced Cash does not support sending money directly to PayPal.
Alternatively, you can use Airtm. Add money to Airtm using Advcash and then withdraw the funds from Airtm to PayPal.
Read our Airtm Review to learn how it works.
You may also use an e-exchange website to move money from Advcash to PayPal. You can find legit exchanges on BestChange.
How to send money from Advcash to a Bank account?
To send money from Adcash to your bank account, simply;
- Log into your Advcash account
- Click on Send Money
- Select To bank
- Fill out the bank account and transfer details.
- Send, and that’s it.
Before sending funds to a bank account on Advcash, make sure your account is fully verified.
Can you send money from Advcash to Binance?
In the past, it was possible to send money from Advcash to Binance and vice versa. However, at the moment it is not possible to do so.
If you want to send money from Advcash to Binance, you must use an e-exchange that allows exchanging the Adcash dollar for crypto. Check out the exchanges on BestChange.
What countries are supported on Advcash?
Advcash operates in more than 150 countries, including European countries. It is widely used in Russia, Venezuela, Andorra, Ukraine and Germany.
However, Advcash is not supported in the USA and the United Kingdom. Here are countries where Advanced Cash does not operate.
