As currently among the top trusted currency exchanges for people looking to buy crypto, Cryptology aims at delivering the best place to buy crypto. Devs behind it want users to feel at home with all tools at hand without any troubles. The platform’s interface is simple and intuitive, allowing users to execute transactions in a matter of seconds, whether they are seasoned DCE users or newcomers.
This exchange is open to most people worldwide, except for those in Japan and the United States. In the Republic of Seychelles, the platform is still active.
The Cryptology Earn function is the most enticing aspect of this exchange, as it allows users to earn passive income while keeping their assets.
Platform
It is easy to access the currency exchange from any device. On computers, you can access it through the browser. On iOS or Android smartphones, you can download the app.
Because individuals from all around the world are interested in trading cryptocurrencies, the site is available in various languages to help consumers break through barriers. The following languages are now supported: English, Russian, French, Spanish, Korean, Chinese, Japanese, German, Hindi, Portuguese, Polish, and Bulgarian.
Accounts
It should be simple to create an account at this amazing DCE.
Users must first provide their email address as well as their country of residence. Customers are sent to a KYC procedure after selecting a secure password. This method ensures the safety of all parties involved.
Two verification procedures are included in the registration process. The first examines only the most basic of KYC standards. This involves giving personal information that you would be required to submit on any website, such as your first and last name, as well as extra information to demonstrate that you are who you say you are, such as a photo of the user holding their ID.
After completing the first KYC verification procedure, you can trade up to $10,000.
Because that quantity may be restrictive for certain users, the platform allows them to go above and beyond. Users who want to trade larger amounts of money must go through the second authentication level. It demands the presentation of resident documents verification. To establish your residential address, you must provide a utility bill, bank statement, and/or a government-issued document.
Customers that complete the second stage of verification receive a higher trading limit as well as access to all of this DCE’s services.
Cryptology Features
Buy Crypto
You must pay in USD, EUR, or RUB to buy cryptocurrency on this site. After you’ve deposited any of those fiat currencies into your account, you may start investing in cryptocurrencies like BTC, ETH, LTC, USDT, XLM, XRP, and ZEC.
Converting between BTC and USDT is easy and rapid.
Cryptology Exchange
Customers may buy and sell a wide selection of crypto assets utilizing the app or browser platform. Additionally, customers have access to market data and analytical tools to help them invest wisely. Limit, stop-limit, and market orders are also available.
BTC, ETH, XRP, DYDX, XLM, BCH, LTC, ZEC, USDT, DAI, USDC, TRX, BAT, KVI, PSC, 1INCH, EURS, EUR, USD, RUB, DYDX, XLM, BCH, LTC, ZEC, USDT, DAI, USDC, TRX, BAT, KVI, PSC, 1INCH, EURS, EUR, USD,
More coins of various sorts should come in the future as the platform’s business grows.
Crypto Futures
The Cryptology Future Markets are a new feature for cryptocurrency enthusiasts, allowing them to start long-term trading with up to 100x leverage (and to start investing in the famous BTC Futures). Customers trading futures have the option of using cross-margin or isolated margin positions. Transactions on this feature are protected by several measures that help mitigate the risks and keep users safe. This takes into consideration the reality that volatility can reach dangerously high levels, and the procedures are designed to mitigate that risk. The platform has developed an insurance fund and auto-deleveraging mechanisms to protect everyone’s interests.
A futures contract is an agreement between investors that mandates a trader to buy or sell a certain item within a set time frame, quantity, and price.
There are three primary approaches to start with such contracts:
– offsetting: when an investor creates a new futures contract of the same size and value, the liabilities are reset as the balance of the contract;
– rolling over: close to an offset, but with a longer end date;
– contract expiry: when a contract reaches its end date and the contract’s sides buy or sell at the specified cost.
Cryptology Earn
Cryptology Earn is the most attractive element of this digital exchange. Although the whole software is great, Cryptology Earn is especially compelling since it allows you to generate passive income from bitcoins stored on the site. It is possible to earn annual returns of up to 15%, more than what is available from traditional financial institutions.
As you can assume, you’ll need to protect your assets while still allowing them to create money. Users can choose to have their accounts frozen for 30, 60, or 90 days. At the end of any of these periods, users get their assets plus profits. It is possible to check how much profit has been produced so far while the deposits are still locked.
Low Barrier to Entry and Attractive Fees
Cryptography is a tool that everyone may utilize. It is not built in such a way that everyone will find it immediately useful. The minimum order size is at $0,10 to encourage new customers, which means you may buy a small amount of any cryptocurrency to test the waters.
Another enticing feature of cryptography is its ridiculously low trading and commission fees. Both the maker and taker costs are 0.002, which is quite low by cryptographic standards. There are no rollover or overnight fees for future open orders.
The fees for depositing and withdrawing money from the site are low, yet they are nevertheless attractive.
Deposit and Withdrawals
To begin trading on the site, users must first fund their accounts. It is possible to deposit fiat dollars and buy cryptocurrencies or simply transfer cryptocurrency from other exchanges or wallets. If you’re using fiat money, you have the following options: Visa and MasterCard debit and credit cards, Boleto, Loterica, Deposit Express, EUR SEPA, and wire transfers are all acceptable methods of payment. On the cryptocurrency front, you may use the platform to deposit ERC20, TRC20, and Omni standard USDT crypto tokens.
Users can also withdraw funds from their accounts in any recognized cryptocurrency (excluding BCH) or via wire transfer.
Support and Security
Because of the platform’s strong support infrastructure, customer service representatives can respond to queries as fast as feasible. Your queries will usually be answered in 10 minutes or less. You may expect a response within 24 hours in all other cases.
Contacting the support team is straightforward, no matter what issue you’re having. Support@cryptology.com is the email address to use for any questions or concerns. Simply locate the support icon on the app or website to submit a ticket (it is on the top, easy to find).
Many problems and questions, on the other hand, can be adequately addressed by thoroughly reading the FAQ.
This DCE follows all industry-standard security protocols, which definitely include SSL and two-factor authentication.
Conclusion
Cryptology clearly exists in the fine balance between being a simple tool for users and having all of the necessary features to enable sophisticated and rewarding operations. It feeds the already-bustling crypto industry, and the low costs appeal to those who want to try their hand at bitcoin for the first time. Furthermore, the Cryptology Earn feature is believed to have kept many people on the site while also earning a significant amount of revenue.