SpectroCoin provides easy, safe and quick access to Bitcoin for people and businesses. Firstly, SpectroCoin is a Bitcoin wallet which helps easily and safely send, receive and store bitcoins by providing easy to use interface to Bitcoin network.
We are delighted to announce that on the 2nd of July of 2018, SpectroCoin became a full member of Infobalt. The Infobalt Association is recognized as the biggest and the main contact point between Lithuanian business associations and government organizations dealing with Blockchain initiatives. At the moment, the Infobalt Association unites more than 160 members from the Information and Communication (ICT) industry.
Infobalt – Voice of the Lithuanian ICT sector
Infobalt was founded in 1994. During the years, it became a well-known and respected voice, representing the Lithuanian ICT sector among national and global businesses, government institutions, universities, research centres and education platforms. Currently, Infobalt unites ICT companies – more than 10,000 employees in total, and is a member of two major international organizations:
DIGITALEUROPE – representative of the European information and digital technology industry, uniting the world’s largest IT, Telecom and Consumer Electronics companies, and national associations from all around Europe. DIGITALEUROPE proactively engages in trade, technical, digital economy and regulatory areas.
WITSA (the World Information Technology and Services Alliance) – leading consortium of the ICT industry, representing more than 90% of the world’s ICT market. WITSA is actively promoting and advocating international policies which help to advance the industry’s growth and development.
On a local basis, Infobalt facilitates a variety of events, seminars, business projects, and initiatives in order to provide information about the ICT sector to the society. The Association covers activities that range from solving strategic issues, developing the market for ICT products and services, to offering consultancy to legislators and lawmakers on a national scale.
Viva the FinTech
In the past few years, Infobalt has recognized FinTech as a driving force of the Lithuanian economic growth. Thus, it brought the major Lithuanian FinTech players into one place – FINTECH Lithuania. The members of FINTECH Lithuania are engaged in public dialogues with relevant government institutions, such as the Ministry of Finance and the Bank of Lithuania, as well as various international organizations, in order to represent the Lithuanian FinTech industry, create favorable financial regulations and appealing opportunities for FinTech businesses. SpectroCoin, among other members, will take part in initiating the development of regulations, in solving FinTech industry issues, and in providing the latest information and ideas for the blockchain technology implementation in Lithuania.
As a member of the ecosystem, SpectroCoin gains the opportunity to expand its network by establishing new value-adding partnerships or even by creating joint projects with other members of the FinTech community. This also opens SpectroCoin’s access to consultations on EU and Lithuanian legal regulations, as well as provides a chance to participate in conferences and events, organize researches and promote its brand on a bigger scale.
Experience the advantages of FinTech at SpectroCoin!
SpectroCoin and Vilnius University Kaunas Faculty are happy to announce a cross-sector partnership centered around a new Master’s Degree Program in Financial Technology (FinTech) which is being launched this year.
To support the new program, SpectroCoin and Vilnius University are joining their efforts in a new partnership that is aimed to fill gaps in the current market. In addition, the organizations are looking into bringing more value via collaborative work in raising the new generation of FinTech specialists.
What the FinTech study program is all about
Vilnius University FinTech study program is designed to equip the future specialists with necessary theory and practical know-how. Eventually, the students would be able to leverage the dynamics of financial technologies, thus having a complete skills set to kick-start their career in the field.
Another key goal of the SpectroCoin Vilnius University partnership is to empower senior and chief specialists to apply the obtained knowledge of financial instruments, advanced information and communication technologies in their work.
Ultimately, graduates will be able to work in next-generation companies, like SpectroCoin and take part in fast-track processes of the modern finance industry. The new Vilnius University program is designed to train specialists that can work in centralized and decentralized e-markets, banking, investment insurance sectors and organizations operating in state and private sectors. You can find out more information about the FinTech study program here.
The partnership between FinTech industry and academia
At SpectroCoin, we see this collaboration as a great opportunity to share our extensive experience in financial technologies gathered through more than five years in the market. We also support the growth of new FinTech specialists together with the Ministry of Finance of the Republic of Lithuania, University of Tartu, University of Copenhagen, PayAlly Limited (JK) and other social partners of the university. Hurry up and send your application for open spots in the program! Applications can be submitted on July 16-24.
We strongly believe that the collaboration with Vilnius University Kaunas Faculty will allow us to continue building our team of professionals in the sphere of financial technologies. If you are up for the challenge and would like to join one of the leading market players in Lithuania and globally, find our vacancies at SpectroCoin careers.
SpectroCoin is an all-in-one solution for cryptocurrencies founded in 2013. Over these 5 years of activity, we have built up a community of over 860,000 people and we are constantly working on making cryptocurrencies accessible for everyone. SpectroCoin offers convenient ways of sending and receiving funds, as well as payment processing solutions for merchants, and currently supports 250 countries and territories worldwide. This not only allows our clients to have an easy and convenient experience on our website, but it also grabs the attention of scammers. At our company, we go to great lengths to keep our clients’ information safe. Lately, we have noticed a surge in fake SpectroCoin scam websites. Thus, today, we would like to present to you some practical precautions that you can take in order to avoid common scams and frauds.
How to identify a scam, phishing websites, and fraud?
Email scams. When it comes to scams, you usually can notice patterns: emails saying that you have won the lottery or that a person in distress needs money urgently. Those emails usually come from people you do not know or pretend to come from a friend or service you actually use, like SpectroCoin. Scam, however, is an avoidable issue and you can protect yourself from these situations. When it comes to emails, always check the identity of the sender. Even though the sender, for example, is named SpectroCoin, review the actual email address as it can tell a different story (i. e. sender’s name – SpectroCoin; email – email@example.com). Scammers especially tend to use general email domains such as @gmail.com rather than custom ones like SpectroCoin’s – @spectrocoin.com. The reason behind these phishing attempts is to obtain your personal information in order to gain access to your accounts and funds.
Some signs of an email sent by a fraudster are:
The email is sent by a different address than the one the company uses to communicate with you.
You receive an urgent request to immediately provide information or funds, otherwise, your account may be closed.
You did not expect an email from the company that appears to have sent it.
Phishing websites. Phishing websites are created with the same layout and information as the legitimate one, with the aim to steal personal data and funds. Just like fake email addresses, they usually have a different name than the official website. Sometimes the difference in the name of the website can be a single letter as phishing websites are trying to be as indistinguishable from the original website as possible. Other times, the difference lies in the domain extension (.com; .net; .org etc). Customers should be aware that scammers sometimes pay to advertise the phishing websites so that such websites would appear first in Google, Bing, and other popular search engines as most people click on the first search results that appear. Thus, it is extremely important to pay attention to the URL when you are visiting a website.
Fake social media profiles. Nowadays, the fake social media profile issue is very relevant even for companies. Thus, you should trust only those social media accounts that are provided on the official website of the company. Scammers try to make their social media profile look like the official one so they can be hard to spot. Just like with phishing websites or emails, if in doubt, look out for misspellings in the name of the account. Fake social media profiles also often are following more people than the actual followers they have or do not have a rich history of posts.
Things you can do to avoid scam
Two-factor authentication. We offer to our users the option of setting a two-factor authentication method for their login withdrawals or change of profile information so you will only be required to input a key when performing such operations. If someone steals your login details, they would still be unable to withdraw money without the 2FA code. Thus, make sure you choose an authentication method that you can ensure the security of, whether it is SMS, Google or email.
Double check the website’s URL. Another measure you must take is to always check the website URL before inputting your code. If there is a typo in the name of the company or something looks different than the website that you are used to, do not insert your code and contact our Support team to make sure you are in the correct website. Bookmarking the URL of the websites you visit often, especially the ones in which you hold funds and perform financial operations, is also highly recommended. This will prevent you from accidentally visiting phishing websites, such as fake SpectroCoin scam pages. At SpectroCoin, we use encryption in order to keep your data safe. When you visit SpectroCoin.com, you will see an icon and ‘https’ informing you that this is a secure site. By clicking on the lock, you can also find the security certificate issued to the website.
Do not provide sensitive information via email or unofficial communication channels. SpectroCoin will never send you emails or social media messages asking for your password or pin codes and when in doubt, you can contact directly our support team through the 24/7 Live Chat available on our website.
Beware of suspicious links and documents. We highly recommend that you do not click on any links or download any files if you are not sure who sent it and why. Malicious links that contain ransomware or other types of viruses are disguised as legitimate files/links, which might trick users into downloading or opening them. If you already clicked on the link and it compromised any of your devices, we recommend that you use the Europol project nomoreransom.org to help you decrypt some types of ransomware. Besides decryption tools, they also provide advice and have a list of the places you should contact in your country in case you have fallen victim to a ransomware.
Update your devices and applications. The SpectroCoin team advises its users to create and update backup files, as well as to update their devices and apps whenever possible. In case your phone or computer is compromised, having a backup will minimize the effects since your personal data will not be lost forever. Antivirus and up to date software are also a must, since outdated equipment may leave spaces for potential security breaches through cyber attacks. For a final check of URLs and files, you can also use this online tool: https://www.virustotal.com/#/home/url. It will analyze if the domain/file contains malware or if it is safe to use it.
Change your account password frequently. From time to time, our system will suggest that, when you log in to your account at SpectroCoin, review your password and change it. You should change the passwords on all your devices from time to time, making sure you do not use the same one for several accounts, and that you are not using sequences (‘abcd1234’), names, common word or dates (‘spectrocoin2013’), since they could be easily guessed by someone else.
Do your research. If it is your first time visiting a website that you would like to sign up to do a thorough research of the company or organization that owns the website. A few things you should look out for:
A legitimate company will almost always provide official contact details on their website and will be responsive in their communications.
While crypto companies, in general, are fairly new, a good sign is if a company has been operating for years, like SpectroCoin, and not days or months like those SpectroCoin scam pages that are impersonating us.
If necessary, check whether the business has officially registered with local authorities.
These are only a few measures but they can help you protect yourself from unauthorized activity in your account at SpectroCoin, scam or fraud.
Is SpectroCoin legit?
When it comes to our website, our services are regulated by EU laws and directives. The team members at SpectroCoin review and follow strict procedures when dealing with your data and funds. For that, we constantly participate in courses and seminars to revise and improve our practices. Even though cryptocurrencies are not regulated, our company works under EU laws and directives, implementing international AML standards and processing funds through regulated EU financial institutions. This means that in case we notice potential illegal activities or fraud, we collaborate with law enforcement agencies for the investigation, which helps to ensure that you have a safe environment in which you can store, buy and sell your cryptocurrencies.
We are also constantly on a lookout for fake SpectroCoin scam websites so that we could protect our users from falling into their trap. If you come across a phishing website or unsolicited email, you can also help us and others by reporting it at the econsumer.gov website.
If you suspect someone has accessed or can access your account unauthorizedly, please contact SpectroCoin support via the “Live Chat” option on our website.
We are happy to announce that an updated version of SpectroCoin Bitcoin wallet app for iOS is now available in the Apple app store. Besides bug fixes, the new 1.4.0 app version offers enhanced security and user experience, a wider selection of cryptocurrencies, more deposit options, exciting new features and support for iPhone X, to make it even easier to manage your finances anywhere and at any time.
What is new on the SpectroCoin bitcoin payment app for iOS?
Wider support of cryptocurrencies. In addition to Bitcoin (BTC) support, the upgraded SpectroCoin bitcoin payment app now offers the possibility of sending and receiving Ethereum (ETH), NEM (XEM) and Dash (DASH) cryptocurrencies. Now you can use cryptos to pay for goods and services or send them to your friends with just a few taps straight from your SpectroCoin app. If you want to send any of the cryptocurrencies to another SpectroCoin user, take advantage of our off-chain transaction capability. Simply use the other user’s SpectroCoin email address and the transaction will be sent instantly and completely for free.
Enhanced security. Before,to protect your iOS device, you could choose to add a passcode in addition to your SpectroCoin login details, such as email and unique password. This ensured that if you left the app inactive for a few minutes it would ask you for a four-digit passcode when you tried accessing it again. After the latest SpectroCoin iOS app update passcode feature is no longer just optional, but mandatory. Moreover, you have limited attempts to input the correct passcode to prove you are really the owner of the account. This way, if someone were to gain unauthorized access to your device, even if you forgot to log out, they would have to know the additional passcode to enter your SpectroCoin account via the app.
Deposit options. Now you can buy bitcoin and other digital assets from nearly anywhere in the world by linking your credit or debit card to your bitcoin wallet app. Deposits via debit and credit cards are instantaneous, thus, you can purchase over 20 types of other crypto and fiat currencies within seconds, straight from your mobile app. Additionally, users can load their SpectroCoin blockchain wallet in a secure and reliable way by transferring money via SEPA bank transfers. SEPA transfers are supported among member states of the European Union (or Norway, Iceland, Switzerland, Monaco, San Marino and Liechtenstein) and typically take between 1 and 3 days.
Better user experience. We are passionate about making our app user-friendly. Thus, we have added a new feature that helps you refresh your balance page with a single pull. Simply pull your finger down across the iPhone, iPad or iPod touch and you will be able to check the latest SpectroCoin blockchain wallet balance. But that is just one of many new features of the latest SpectroCoin iOS app.
After the latest Bitcoin payment app upgrade users are now able to access their International Bank Account Number (IBAN) details straight from the app. This allows you to check your IBAN account history as well as your personal International Bank Account Number itself so you can use it for making and receiving payments in Euros on the go.
We have also added new features for easier user registration and login. While before new users could only register to SpectroCoin using the web version of the page, now new users can simply sign up at SpectroCoin via the app.
The latest SpectroCoin iOS app supports login via 1Password and LastPass. Thus, if you own any of these password managers, you can log in to the SpectroCoin bitcoin payment app by tapping on the “Lock” icon on the login screen and imputing the “Master password” of the password manager app. Once you do it, you will be logged in to your SpectroCoin account as well. You do not have to remember your unique SpectroCoin account password anymore but you can still keep your account secure.
In addition to all the new features, you can still make use of the app older functionalities, such as checking balances of your SpectroCoin blockchain wallets, exchanging between different currencies, editing your profile information, checking out SpectroCoin news feed, frequently asked questions (FAQ) section and more.
How do I get the latest version of bitcoin wallet app for iOS?
To get the SpectroCoin bitcoin wallet app you need to follow a few easy steps.
Step 1 – Make sure that you own an Apple device – iPhone, iPad or iPod touch, that is running iOS 7.0 or later.
Step 2 – If your device fits the requirements, you can get the mobile app completely for free from the Apple app store. Simply tap “Get” and wait till the app downloads.
Step 3 – If you already have an account at SpectroCoin, fill in your SpectroCoin login details, such as email address and password, or via Facebook and your Google account. If you are new to SpectroCoin, you can simply tap “Register” and sign up for our service. That is it!
So what are you waiting for, download the latest version of the SpectroCoin Bitcoin wallet app for iOS now!
If you have further questions regarding our bitcoin payment app for iOS, please fill out the form in the “Contact” section of the app. Alternatively, you can contact our 24/7 support via the “Live Chat” option on our website.