Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

AstroPay

AstroPay

3.7/5 2.0/5 · Data verified on

A cross-border payments specialist in Latin America, operating for over 15 years with a 4.3/5 Trustpilot rating. Crypto is not native to the platform and its primary focus remains the iGaming sector.

46
Transparency: Low
46/100 · see methodology
46
Data exposure: Low
46/100 · lower is better for sovereignty · methodology

Data & conditions

Account fee Free
IBAN dedicato
Multi-currency Yes · 10 currencies
Outbound transfers to third-party IBANs Yes
Utility direct billing No
SEPA direct debit (SDD) No
On-chain crypto withdrawal Yes
ATM withdrawal not declared
Fund custody Custodial (platform holds funds)
KYC Full
Supported countries LATAM, EEA, APAC · 36+ countries
Regulator FCA / IOM FSA / Central Bank of Brazil
OAM Italy registration No
Segment B2C
MiCA / License status EMI (UK) + VASP (IOM) + PI (Brazil) FCA EMI

Plans & pricing

Strengths

  • 15+ years operating; Trustpilot 4.3/5; LATAM cross-border specialist.
  • No notable sovereignty advantage documented.

Weaknesses

  • Crypto not native; focus iGaming.
  • Custodial: the platform holds your funds and can freeze or lose them.
  • Full KYC required: verified identity, zero pseudonymity.
  • Subject to regulation (FCA EMI): reporting to authorities and freezes on order.

Verdict

B D ★ 3.7/5 ★ 2.0/5

The B rating reflects an operator with an FCA EMI licence and over 15 years of activity, backed by a solid reputation (Trustpilot 4.3/5) in Latin American cross-border payments. Holding the score back are its predominantly iGaming focus and its unavailability in Italy, which limit its usefulness for the average European consumer compared with a full-service bank.

Through this lens AstroPay scores low: it is a custodial EMI with full KYC and no native crypto, so no self-custody and no censorship resistance. It is a regulated fiat payment rail, the opposite of the trustless model this perspective rewards.

Privacy & anonymity 30% 1.0
Fund control 20% 2.5
Censorship resistance 20% 1.5
Costs 10% 5.0

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

Is AstroPay a real bank?

AstroPay is a digital financial service. The deposit-protection scheme is not documented for this service; check the official terms.

Can I send transfers to third-party IBANs with AstroPay?

The ability to send transfers to third-party IBANs is not documented; check the official website.

Does AstroPay support direct debits and utility billing?

SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.

Which fiat currencies does AstroPay support?

The number of supported fiat currencies is not documented. Multi-currency accounts: supported.

Can I withdraw crypto on-chain from AstroPay?

On-chain crypto withdrawal is not documented; check the official website.

Sources

Show 2 more sources

Update history

✓ Terms unchanged since Jul 17, 2026

🔔 Notify me of changes

← Back to Crypto-Friendly Banks