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You should know

2.9

Average

TrustScore 3 out of 5

13 reviews

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Rated 1 out of 5 stars

Warning to all individuals in the USA:

**Beware of Potential Scams: Exercise Caution with International Payment Systems** (magnatus.com)

Warning to all individuals in the USA:

I recently had a concerning experience with a company that claims to provide exchange services for various payment systems. After providing personal information and documentation, I discovered that the company is based in Russia.

The company asked for an unusual video verification, which made me uncomfortable. They then asked intrusive questions that even my bank would not ask, making me feel vulnerable and unsafe.

I strongly advise everyone to exercise caution when dealing with companies that operate under different legal and regulatory standards. It is important to prioritize your personal information and financial security by choosing reputable and trustworthy companies that operate within the bounds of US law and regulations.

If you have any concerns or suspect fraudulent activity, please report it to the relevant authorities, such as the FTC or IC3.

Remember, it is always better to be safe than sorry, and it is important to prioritize your safety and security online.

April 13, 2024
Unprompted review
Rated 1 out of 5 stars

It is not a good exchange service

It is not a good exchange service,
They ask for a lot of verifications, It is not as they appear, They do not accept the smallest transfer of $2.5, and the transfer may be rejected after that. It is not a professional exchange site.

October 15, 2023
Unprompted review
Rated 1 out of 5 stars

Very bad service

Very bad service, do not use it
For two days, they ask every hour for the following:
1-id
2- What do you do and where does the money come from?
3- Show us 1-2 pages of payment history in your account
4- What country are you from and what is your IP?
5- How did you reach us?
6- Why only this amount of money?
7- What is the largest amount you can send?
After all this
8- They want me to send a video of me and my ID
I declare all this information.
If you go to open a bank account or an investigation office that does not do so, do not use the site, it is very bad

October 15, 2023
Unprompted review
Rated 5 out of 5 stars

The Mayor of Exchange.

We made a lot of transactions exchanging money between sites and experience is always excellent.

I highly recommend Magnatus and I guarantee everyone safety working with them.

May 19, 2023
Unprompted review
Rated 5 out of 5 stars

Not the first time using them

Not the first time using them, it isn't 10/10 but it's 9/10.
they are working manually and not automatically so you need to wait 5 min to serval hours ;(. but the fees are unfellable so it's great!

April 25, 2022
Unprompted review
Rated 5 out of 5 stars

Quick and good rates

Everything is spelled out clearly in the terms and conditions, I used it twice already with low fee of 4% and got money within the 24 hours specified period.

July 14, 2021
Unprompted review

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