Public review 2023: Pros, cons, fees & more | Finder.com

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Home Cryptocurrency Exchanges Public review 2023 Trade 7 cryptocurrencies with the beginner-friendly Public, but its trade fees are on the high end.By Matt Miczulski Reviewed by Louise Vinciguerra Posted Oct 13, 2023 Fact checked No reviews yet.Write a review Navigate Cryptocurrency Getting started What is cryptocurrency? Best crypto exchanges Best crypto wallet Best crypto to…

Home Cryptocurrency Exchanges Public review 2023 Trade 7 cryptocurrencies with the beginner-friendly Public, but its trade fees are on the high end.By

Matt Miczulski Reviewed by

Louise Vinciguerra Posted

Oct 13, 2023

Fact checked No reviews yet.Write a review Navigate Cryptocurrency Getting started

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Cryptocurrency news Cryptocurrency Adoption Index Cryptocurrency Weather Report Cryptocurrency statistics Satoshi to BTC calculator Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services.Digital assets are volatile and risky, and past performance is no guarantee of future results.Potential regulations or policies can affect their availability and services provided.Talk with a financial professional before making a decision.Finder or the author may own cryptocurrency discussed on this page.

Our verdict Public is decent option for beginner cryptocurrency investors because of its user-friendly app and trading experience, but it’s got a few major downsides worth considering.

Its supported coins include popular cryptos like BTC, ETH and DOGE, ideal for beginners just getting started, but only seven coins in total are available to trade.

Recurring crypto orders let you automate your investing schedule with ease, but trade fees are high compared to other platforms.

A crypto order of $10 will incur a $0.49 fee.That’s a trade fee of 4.9%.While Public charges less the larger the order amount, beginners placing smaller orders will be subject to the highest fees.Recurring crypto orders are charged a 1.25% trade fee no matter the order amount.

If you’re a Public customer and want to supplement your portfolio with major cryptos without opening an account elsewhere, Public lets you trade crypto.But if you plan to invest frequently with small amounts or are an experienced crypto investor, other, better options exist.

Public pros and cons Pros Trade with multiple fiat currencies.Public allows you to trade with USD.Deposit and withdraw USD directly to your bank account in the US.With Public you can deposit cash from your American bank account and cash out back into the same account.

Supports a range of payment methods.Public supports several popular payment methods including USD deposits via and Bank transfer.

Customer support available via live chat.Public is contactable through live text chat customer support.

Cons Only 7 cryptocurrencies supported.Public supports a smaller variety of assets than some of its competitors.This isn’t necessarily a bad thing, but if you’re looking for a large range of altcoins you may want to compare other platforms .Listed Public crypto exchange assets Public supports over 7 cryptocurrencies, but some notable assets are missing.

Namely, Tether, BNB and XRP, which are in the top 20 cryptos by market cap.In total, 6 of the top 20 cryptos are available on Public.

Popular assets on Public supports Bitcoin (BTC)

supports Ethereum (ETH)

does not support Tether (USDT)

does not support BNB (BNB)

does not support XRP (XRP)

does not support USDC (USDC)

does not support Lido Staked Ether (STETH)

does not support Solana (SOL)

does not support Cardano (ADA)

supports Dogecoin (DOGE)

does not support TRON (TRX)

does not support Toncoin (TON)

does not support Polygon (MATIC)

does not support Polkadot (DOT)

supports Litecoin (LTC)

does not support Wrapped Bitcoin (WBTC)

supports Bitcoin Cash (BCH)

supports Shiba Inu (SHIB)

does not support Chainlink (LINK)

does not support Dai (DAI)

See all Public crypto assets BTC ETH BCH LTC ETC DOGE SHIB Public deposit methods Bank transfer Debit card How to sign up on Public exchange Before you can even get started trading on Public, you have to go through the rigorous verification process (which usually involves proof of identification ).This can take quite a long time.The reason for this is Public’s commitment to certifications, and compliance with regulations and insurers.

Get started

After selecting the Get Started button, fill in the create account form.

Set up payment

Before you can start trading, you have to add your bank account to your Public account.There are several options to choose from, so choose the option most compatible.Provide identification

Before you can make withdrawals and increase your transaction limits, you must submit proof of address and some additional identification.Use either a passport or a driver’s license for this.

Start trading

After all that is processed, you’re ready to trade on Public.Create Public account About Public app Buy and sell crypto, explore crypto assets, chat with Public’s investor community and stay on top of the latest crypto news, all from the Public mobile app.

Keeping your crypto secure All centralized exchanges, including Public, are vulnerable to counterparty risks like hacking, theft and insolvency.Using a self-custodial or hardware wallet is widely accepted as the best way to improve the security of your funds.We’ve shared some of our top picks below.

Ledger Nano X Wallet

Trezor Model T Wallet

Ledger Nano S Plus Wallet

Go to site Go to site Go to site Supported assets

5,500+

Supported assets

1,456+

Supported assets

5,500+

Price (USD)

$149

Price (USD)

$219

Price (USD)

$79

See more of the best crypto wallets

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Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.

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