Cryptology Review: Unveiling the Most Reliable Trading Platform
Cryptology is among the crypto trading websites that offer unmatched simplicity. The site is well-designed to provide ease of use. It has incredible trading features that make it ideal for both beginners and pro traders. The website is run by a firm registered in the Republic of Seychelles. It invites users from many geographical regions apart from Japan and the US.
Traders who like generating passive income find this platform worth their time because it offers its new feature-Cryptology Earn! This is their latest feature that traders use to earn by holding crypto assets in lock-in accounts. You will learn more about it in the section below. But for now, let us delve into various aspects of this crypto exchange and trading platform.
This crypto platform offers an intuitive design with user-friendly features. You can use it on the web or mobile with the help of its mobile version or its downloadable app. The mobile app can be downloaded from the Apple App Store or Google Play Store for Android and iOS devices.
You can use the platform in any language that you understand. It supports English, Russian, French, German, Hindi, Portuguese, French, Spanish, Korean, Japanese, Polish, and Bulgarian to help users interact well.
Account opening on this website is relatively straightforward. You can do it in a few minutes since it does not require tens of details. You will only need to have an email address and state your current country. In addition, you will need a strong password to keep your account secure, followed by a KYC process.
You can verify your new account by providing KYC requirements such as proof of identity, a good photo, and your first and last names. Doing this gives you a trading limit of up to $10000 on your account.
If you want to increase the trading limits from $10000, you should undertake the second verification phase. In this second step, users must provide a proof of residence document with a name and an address on it. You can use a government-issued id, utility bill, or even the latest bank statement. Completing these processes gives you full access to the platform.
These are the top features of the platform;
You can purchase and sell crypto using USD, RUB, or EUR on this site. The site supports the following cryptocurrencies; LTC, USDT, XLM, XRP, BTC, ETH, and ZEC. However, the site will be adding more cryptocurrencies soon. You can also convert BTC coins into USDT and vice versa by just clicking a button on your screen.
There are many pairs for trading on this platform. Such pairs are exchanged on the platform, which has market charts and many analytical tools. Once you sign-up successfully and undertake the verification steps, you can trade leading crypto coins against fiat currency and stablecoins. You can place a limit, a stop-limit, and even market orders in your trades. The platform offers the following trading pairs BTC, ETH, USD, RUB, XRP, DYDX, 1INCH, EURS, EUR, XLM, BCH, LTC, ZEC, TRX, BAT, KVI, PSC, USDT, DAI, USDC, among many others.
Placing perpetual trades is possible with a leverage of up to 100X. While trading futures, you can select both isolated margin and cross-margin positions. Another good thing about these trades is that they are protected risk mitigation systems. This means there is a low risk of default during high volatility situations. This site has a reliable insurance fund along with an auto-deleverage system aimed at defending the stakeholders’ interests.
If you like earning passive income without much active participation, this is the right website for you. As stated earlier, this new feature- Cryptology Earn- enables users to get an interest in the cryptocurrencies they lock in this passive income-generating feature. You can deposit EUR, DAI, USDT, BTC, and USDC into the holding account and stand a chance to earn 15 % annual returns.
The site offers a variety of terms for holding your digital assets. You can opt for thirty, sixty, or even ninety days. Once the term lapses, you can withdraw your passive earnings. The earnings are compounded on a daily basis. This means that you will end up with good profits if you opt for a longer term.
Minimum Order size and Attractive Fees
This crypto platform is dedicated to serving everyone. That is why it has easy-to-use tools that suit new users and expert traders. Besides, it allows users to enjoy their low minimum order size of just $0.10 or an amount equal to this. This makes it simple for beginners to participate in low-risk trades.
Moreover, the platform also charges low fees for trades. A maker and a taker are charged a flat fee of 0.002. When trading futures, any open trades will not be charged a rollover or overnight fees. But traders face deposit and withdrawal fees when they are transferring crypto or fiat to their accounts or withdrawing.
Deposit and Withdrawals
Funding your account is relatively straightforward on this website. You can use fiat or crypto to fund it. To deposit, you can use Visa and MasterCard powered by credit cards, debit cards, Deposit Express, Boleto, Loterica, EUR SEPA, and various crypto options (ERC20 and TRC20, USDT), and wire transfer. You can cash out your wins in different supported cryptocurrencies apart from BCH. Also, you cannot cash out using Wire Transfer.
Support and Security
The customer support on this site is quite responsive. Their promptness makes it possible to answer user queries within a short time. Most user complaints are resolved in less than one day. Thus, whenever you encounter any problems, you can get in touch with the user support team at email@example.com. Alternatively, you can click the support icon on your trading page to create a ticket to pass your question or complaint. When you use the email option, you can rest assured that you will get a reply in a day. Thus, do not struggle with any complications that the customer care team can take care of that are easily reachable on email or by tapping the support icon on the website.
Besides, you can visit the FAQ section, which has detailed answers to any queries you may have. When these answers do not offer a solution to your problem, you can now contact customer support using any of the ways mentioned earlier.
Security is well-catered on this site as it employs industry-standard cybersecurity such as SSL on the website level and 2FA for all user accounts. This means that it is only you- the owner of the account, who can log into it and perform transactions.
Cryptology has a lot to offer when it comes to functionalities. Besides, it is well-designed to provide all traders with an intuitive layout and practical tools to undertake their exchange and trading activities with ease. It has a minimum order size of $0.10 to enable any user to participate in low-risk trades. But if you learn the ropes, you can still buy big orders to take place in high-risk trades.
With the Cryptology Earn, you can earn passive income when you lock in your digital assets in this feature. You will, in turn, receive 15% profits in a year. With this feature, you can earn even without active engagement in trades. The site has low deposit and withdrawal fees, an aspect that favors the traders. Besides, it has high-security measures that ensure that only you can access your account. Moreover, all the personal data you have shared with the site remains intact. The only thing you need to undertake is to verify your new account to ensure there are no trading limits.