Folgory

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Specs

  • Rating:
  • Payments:
  • Entry on: 2019
  • Type of mining: Cloud, Staking
  • Equipment market:
  • Supported coins: BTC
  • For users: Beginners
  • Language:

We provide unbiased reviews. Mining Advisor is an independent company that buys and tests the best products on the market.

The company

Folgory is an Estonia-based platform active since the end of 2019, allowing users around the world to mine, buy and exchange cryptocurrency in a simple and convenient way.

We have little information about the company and we are sorry because we would have liked to have more information to understand how serious the project was but we will try to have as much as possible.

As far as mining is concerned there are no videos and photos of Farms, we don’t know if they rely on other hosted companies to provide the service since the platform is more active as an exchange of cryptovalues than as mining.

Folgory does not offer the sale of entire miners, it allows users to buy BTC’s “all-inclusive” mining packages in just a few steps and with an extremely clear and simple interface.

The platform offers hashrate sales contracts with duration from 1 year up to 3 years, average fees are good and the cost of the packs is also in line with the best proposals on the market.

Our experience

Like us, other customers have certainly appreciated the possibility to mine, buy and exchange coins in the same platform also to be able to differentiate their investments, an exchange with a proposal of cloud mining is always very interesting to optimize their returns by taking advantage of market trends.

Folgory also has its own coin that you can buy on the site.

The interface is very intuitive, it allows you to pay with credit cards, bank transfer and crypto currency.

Payments are regular since the launch of the platform with average withdrawal times within 24 hours.

Other forms of investment are planned on the site, such as BTC lending on very attractive terms compared to the competition.

For new users, in some periods, dedicated promos are available; Folgory is suitable for users even at first experience in mining and cryptovalue purchasing.

Advantages

  • Internal exchange.
  • Good prices per pack.
  • Fast withdrawals and great support.
  • BTC Lending at very good conditions.
  • Different payment methods available.

Disadvantages

  • Only BTC can be undermined.
  • Video and photos of the farms not yet available.
  • They do not offer hosted miners.
  • Few information about the farm.

Conclusion

Folgory is definitely an interesting project because it offers several useful services in the crypto market, which is very interesting for those who don’t just want to undermine.

We have tried it since February 2020 and we have never had any problem in its use, both in mining and in exchange the withdrawals were always very fast and the support always available.

They offer a mining at average conditions that are convenient compared to the competition, they do not sell miners but offer hashrates with contracts from 12 to 36 months only for Bitcoin.

Folgory is mainly an exchange with relative licenses, this should guarantee more their own funds but as we know also the exchanges in the past years have disappeared with the clients’ funds, it’s surely an extra guarantee but we don’t give for sure the reliability.

The fact that there are different payment methods makes it even easier to buy and trade in the exchange.

They propose BTC lending with fixed monthly returns with very high returns compared to the average (it must be verified over time if they can support it) and this makes them very interesting, consider carefully these opportunities because they can be very interesting.

The platform is for everyone, even for those who are at their first experience in crypto currency mining.

The positioning is based on certain and objective criteria, not “conditionable”, it is not possible to buy a better position or review.