With various projects entering the market to offer new features and use cases, the field of decentralized finance (DeFi) has proved to be one of the most prominent sectors of the blockchain industry. Voyager is one such project, defined as a decentralized blockchain-based broker that connects consumers to various exchange platforms and marketplaces.
What is Voyager (VGX)?
Voyager (VGX) is a cryptocurrency broker software for smartphones that allows users to buy, sell, trade, and invest in digital currencies. The Voyager application is a well-known project since it is compatible with both iOS and Android. Voyager connects its users to a number of cryptocurrency exchanges and marketplaces in order to assist traders and investors in making the most of their trades.
Users may trade, swap, and invest in over 60 cryptos and tokens in one app, allowing them to be more financially independent and assisting crypto traders with portfolio management. Users that deposit the required monthly sum without locking up their funds earn a good rate of interest from Voyager. Compound interest is accessible on around 30 cryptocurrencies, including Bitcoin, Ethereum, Polkadot, and Dash.
The Voyager app will not charge any investment fees, which is unusual for broker services and products. Voyager is also the only broker app that allows users to earn compound interest.
Voyager was created as a brokerage service and released in 2018. The project was lifted up in 2019 with the creation and launch of the Voyager app for smart trading. The initiative was co-founded by Steve Ehrlich, the CEO of Voyager, and Oscar Salazar, together with the official Voyager staff.
The project’s goal is to enable traders and investors to make smart transactions efficiently and without paying a commission for trading on the Voyager app.
How Does Voyager (VGX) Work?
Voyager Smart Order Routing functions as a side-chain that links the app to supported exchanges. Users can discover the best prices across several exchange platforms all in one app, connecting them to some of the leading crypto exchanges.
The Voyager app is only for mobile devices and works with both iOS and Android. The lowest deposit for joining the broker app is $10, and the limit for quick trading of funds that have not yet been processed is $5,000. This way, it allows larger demography to participate in wealth creation and investing. The major goal of Voyager is to make crypto trading simple, uncomplicated, cost-effective, and broadly available, which is why it uses Voyager Smart Order Routing.
Voyager Smart Order Routing. (Source: Voyager)
Because of the use of the Voyager application, which makes trade execution efficient, cost-effective, and profitable, Voyager is a one-of-a-kind brokerage service. The Voyager app identifies the optimal routes for traders, allowing them to trade commission-free on the app. Another feature that distinguishes Voyager is the ability for users to compound their interest in over 30 cryptocurrencies. These cryptocurrencies include the two largest ones by market cap: Ethereum and Bitcoin.
Choosing a Voyager (VGX) Wallet
The Voyager app includes a wallet for holding VGX and other supported coins. You may also store VGX in any other wallet that accepts ERC-20 tokens. The kind you pick will likely depend on how much you need to keep and what you want to do with it.
Hardware wallets, or cold wallets like Ledger or Trezor, offer the most secure solution for holding crypto coins, including offline storage and backup. However, they may need more technical skills and are a more expensive choice. As a result, they may be better suited to store larger amounts of VGX.
Software wallets are another alternative that is both free and simple to use. They are available for download as smartphone or desktop apps and can be custodial or non-custodial. The private keys in custodial wallets are kept and backed up on your behalf by the service provider. Non-custodial wallets employ secure features on your device to store private keys. While software wallets are practical, they are considered less secure than hardware wallets and may be better suited to smaller amounts of VGX.
Tokenomics
The VGX token’s supply is capped at 279,387,971 tokens. All of the tokens have been minted, and nearly all of them are in circulation. The whitepaper of VGX emphasized the usefulness and technical aspects of VGX 2.0, the most recent version of the Voyager token. However, you should not be confused by the version numbers.
VGX 2.0 is simply VGX, but with increased utility when integrated into the Voyager community. If you are just holding VGX (any version) for investment or trading purposes, you can simply keep them in your wallet. As a result, the version becomes significant only after you’ve submitted your VGX tokens into a Voyager app, which instantly swaps the tokens for you at a 1:1 ratio.
Roadmap
The roadmap of Voyager for 2022 contains a number of developments they want to make this year. The most important ones that we can highlight are partnerships, credit cards, and self-custody wallets. Their aim is to achieve all of it by the end of the year. However, some could be ‘postponed’ until early 2023.
Voyager (VGX) Price Analysis
According to CoinMarketCap, Voyager was trading at an average price of $0.65 in 2017. The following year, 2018, it reached its all-time high of $12.54.
After that pique, the price of VGX started to decline until it reached its all-time low of $0.016 by the end of 2019. Voyager’s price started to increase after 2020 even though at a slow pace. VGX is currently trading at $2.12. If we compare the price to its all-time high, we can say that the price had a decline of around 83.09%.
Today, Voyager has a market capitalization of $215.57 million, thus, ranking #140 in crypto market rankings.
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Currency Prediction Voyager (VGX) Price Prediction
VGX is a very promising token of the crypto market, showing real potential due to its projects and visions of the future. We at Currency Prediction have done a thorough market analysis regarding Voyager and came up with our Voyager price prediction.
Currency Prediction Voyager (VGX) Price Prediction 2022
Currently, as we are writing this article, the price of VGX is approximately $0.24. Because of its slow price increase, we believe that the maximum price of VGX could be around $2.50 by the end of 2022. On the other hand, the minimum price it might reach is $1.80, and the average price is expected to be around $2.22. This price could change and exceed our expectations only if the market turns bullish for Voyager.
Currency Prediction Voyager (VGX) Price Prediction 2023
The value of the Voyager Token might rise as a result of the efforts of network developers and community investors. As a result, our prediction for 2023 is quite bullish. We at Currency Prediction suggest that VGX might reach a maximum price of $3.83 by the end of 2023. On the other side, it is quite likely that the VGX’s future will improve. Thus, depending on the market, we predict that the average price of VGX in 2023 might be about $3.47, with a maximum of $3.83.
Currency Prediction Voyager (VGX) Price Prediction 2024
The native token of Voyager provides a few benefits. As DApps and stablecoins gain traction, the network will provide competitive programmable payment, logistical, and storage choices. Thus, incentivizing investors to join the project, we predict that the average price of VGX might increase to around $5.25 this year. By the end of 2024, we suggest that VGX might have a maximum price of $5.82 and a minimum of $5.11.
Currency Prediction Voyager (VGX) Price Prediction 2025
According to our prediction, by 2025, the price of VGX might have reached a level close to its former all-time high. We suggest an average price of $7.41 by the end of 2025. If everything goes as expected, we predict the maximum price to be $8.83. Certainly, there is a chance that the market would drop after a long bull run, which is common in the cryptocurrency market. Moreover, understanding that the next Bitcoin halving is going to happen in 2024, 2025 is likely to be very bullish for the market.
Currency Prediction Voyager (VGX) Price Prediction 2026
Currency Prediction predicts that the long-term price of VGX is likely to surge since there is still the potential that the currency might receive a lot more attention. As per the price prediction, we believe that 2026 could end with a price above $15. According to our forecast, VGX could trade for as much as $20 per token in 2026.
Voyager (VGX) Market Price Prediction
Voyager’s price can increase in the future even though at a slow pace. However, different crypto experts have various opinions. Here is what some of these experts have to say:
PricePrediction.net
PricePrediction.net predicts that the price of Voyager can increase in the future but at a slower pace. They suggest that VGX might reach $5.58 by the end of 2024. As of 2028, the maximum price they predict is $23.95. 2031 is expected to reach a price as high as $74.89, meaning that VGX could get very volatile.
Digital Coin Price
Contrary to the other expert predictions, Digital Coin Price suggests that the price of Voyager could increase really slowly. It is predicted that the price of VGX cannot reach $10 until 2030. Even by the end of 2031, VGX is not likely to reach its new all-time high, according to experts of Digital Coin Price.
Wallet Investor
Wallet Investor predicts that the price of VGX can decrease at a significantly high rate in the coming years. They suggest that the price of VGX can drop as low as -70%, where the price of one VGX might fall from $2.12 to $0.63. This is one of the most bearish price predictions for VGX.
How To Buy Voyager (VGX)?
If you want to purchase VGX, follow these steps:
Step 1: Get the Voyager App
In order to be able to purchase VGX, you first need to install their app. The app’s name is ‘Voyager: Buy BTC, SHIB, ETH’, and it is available on both iOS and Android. You can also use exchanges such as Binance and Coinbase.
Step 2: Open an Account
After you install the app, now it is time to open an account. You must fill in your personal information in order to open the trading account. All of your provided information will be safe, so there is no need to worry about that part.
Step 3: Fund Your Account
The next step you need to take is to fund your account. You can fund your account by linking your bank account to it. To deposit USD, follow these instructions:
- Tap “Transfer Cash/Crypto” on the account page
- Tap “Deposit to Voyager Account”
- Select USD
- Enter the amount you want to transfer
- Slide the “Slide to Deposit USD” banner
Step 4: Buy VGX
After funding your account, you are now ready to buy VGX. This is simply done by choosing the amount you want to buy and then sliding the “Slide to Buy VGX” banner. Congratulations, you now own Voyager tokens.
Frequently Asked Questions (FAQ)
How many VGX coins are there?
Currently, there are 278.48 million tokens circulating in the market. However, the maximum supply is 279.38 million VGX coins.
Is VGX a good investment?
Every cryptocurrency is a high-risk investment, and as such, we recommend doing some research before investing. As per VGX, this token might prove to be a great investment considering all the facts we mentioned above.
Will VGX ever reach $100?
Probably. Although our price prediction does not show Voyager trading at a price above $100 in the near future, this is very likely to happen on the long term. VGX might reach $100 sometime after 2031.
Takeaways
- Voyager is a cryptocurrency broker software for smartphones that allows users to buy, sell, trade, and invest in digital currencies.
- Users may swap, trade, and invest in over 60 cryptos and tokens in the Voyager app.
- The Voyager app will not charge any investment fees.
- Voyager was created as a brokerage and released in 2018 by Oscar Salazar and Steve Ehrlich.
- The app is available only for mobile devices and you can install it on both iOS and Android.
- The maximum supply of VGX is 279,387,971 VGX.
- By the end of 2025, VGX may be trading above $10.
- Voyager (VGX) could reach $100 in the long run; sometimes after 2031.