Spectrocoin Bitcoin Wallet – Buy & Sell BTC Exchange & Debit Card?

SpectroCoin is a bitcoin exchange and wallet available online or through an Android mobile app. Read our SpectroCoin review to find out how the platform works.

What is SpectroCoin?

SpectroCoin is a bitcoin wallet that lets you buy, sell, send, receive, and store bitcoins. The company was founded in early 2013 by a Lithuanian/UK-based team. Today, the platform is available in over 150 countries around the world and gives you more than 20 methods for depositing and withdrawing funds – including credit cards, bank transfers, and other expected methods.

You can also order a SpectroCoin debit card, which can then be used at shops or ATMs. A growing number of bitcoin wallets now offer this service.

SpectroCoin is also known for its payment platform for merchants, which allows merchants to accept bitcoins, then instantly convert those bitcoins or store them for later use. The platform is used by businesses throughout the Baltic States as well as London.

SpectroCoin Products

SpectroCoin offers four core products. Overall, the company describes itself as an all-in-one solution for bitcoin. The four products include the prepaid debit card, e-wallet, merchant tools, and cryptocurrency exchange.


The SpectroCoin wallet is available for iOS, Android, and Windows Phone users. The wallet, like most wallets, promises to be a safe and easy place to store your bitcoins. It makes it easy to send and receive bitcoins through your wallet. One of the advantages of the SpectroCoin wallet is that it’s specifically accepted at a number of shops and restaurants throughout London and the Baltic States (Latvia, Lithuania, and Estonia).

Merchant Tools

SpectroCoin was the first European company to offer a merchant solution to the market. The company launched its merchant tools in 2014 to compete with BitPay and Coinbase.

One of the advantages that SpectroCoin initially had over the competition was its ability for merchants keep their bitcoin on their account, or convert the bitcoin into a fiat currency (most payment platforms now offer this service).

SpectroCoin’s bitcoin payment platform can be integrated into brick-and-mortar businesses or ecommerce businesses.

Online, the platform can be integrated through an API or e-commerce plugin. SpectroCoin supports major platforms like Drupal, OpenChart, WHMCS, and Magento.

For brick-and-mortar businesses, SpectroCoin provides bitcoin integration for physical businesses that have existing point of sale solutions. Or, SpectroCoin can also offer specific bitcoin solutions for those businesses.

Debit Card

Like a growing number of wallets, SpectroCoin now offers a debit card. The prepaid debit card can be used as an ordinary payment method. You fund your SpectroCoin account, then pay a small fee to have the debit card delivered to your address. You can top up the debit card, then spend it as you would normally spend a card. You can take it to merchants or ATMs that accept debit cards (it works wherever VISA or MasterCard payments are accepted).

Using your SpectroCoin account, you can fund the wallet instantly.

The debit card can be used at 30 million ATMs and 25 million shops around the world. Both virtual and physical cards are available. There’s no verification required, although you’ll enjoy higher debit card limits if you verify your identity.

The debit card has average fees. You’ll pay $9 USD, 8 EUR, or 6 GBP (you can choose to denominate your card in one of those three currencies). There is no loading fee, although you’ll pay a monthly service charge of 1 USD, 1 EUR, or 1 GBP. Verified users enjoy unlimited lifetime withdrawals and deposits.


The SpectroCoin exchange allows you to trade bitcoin and fiat currency (just Euros). SpectroCoin itself acts as a liquidity provider for clients, which means your bitcoins are bought and sold immediately. Obviously, that means you’ll pay a slightly worse exchange rate than you normally would on an exchange, so check before you buy.

The exchange is available in 150+ countries and accepts 30+ currencies. There are 20+ deposit and withdrawal methods available.

Deposits and Withdrawals with SpectroCoin

SpectroCoin allows clients to deposit and withdraw funds in a number of different ways. You can do a localized bank transfer in 26 countries (most major European countries). You can also deposit funds through electronic wallets, including Payeer, PerfectMoney, and OkPay. These two methods typically take about 24 hours to process.

Like most other wallets, you can also deposit money with debit or credit cards, or through bitcoin. If you use bitcoin, your deposit is processed in 15 to 60 minutes.

Once you’re ready to withdraw your money, you can do so by performing a localized bank transfer. Funds can reach the client’s bank account within 2 hours. Or, you can withdraw via an international wire transfer, which can take up to 48 hours to process.

Alternatively, you can withdraw funds to another electronic wallet. Interestingly, SpectroCoin also offers vouchers that you can spend on popular services – like for mobile top-ups or on Amazon gift cards.

About SpectroCoin

SpectroCoin was founded in February 2013. The company initially operated as a decentralized exchange, which launched in July of that year. By February 2014, the company had launched its SpectroCoin wallet, which allowed customers to hold funds in the form of bitcoins or Euros. Later in 2014, SpectroCoin launched its merchant payment platform for online and offline businesses. Finally, in May 2015, SpectroCoin introduced its bitcoin prepaid debit card.

The company was founded by Vytautas Karalevičius, Mantas Mockevičius, Justas Dobiliauskas.

SpectroCoin is based in London, but is managed by a Lithuanian/UK company named Spectro Finance Ltd.

You can contact SpectroCoin by email at [email protected]


SpectroCoin is a popular multi-featured bitcoin company that offers a wallet, a prepaid debit card, an instant exchange, and a payment platform for merchants. The company was founded in 2013 and is based in London.

You can learn more about SpectroCoin by visiting the company’s official website today at SpectroCoin.com.

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