Cryptology developers ensure to offer a fast and safe cryptocurrency exchange service. You do not need technical knowledge to operate the platform, and you can use it for free.
What makes Cryptology the best app to buy cryptoÂ
This article aims to describe Cryptology in detail. Below are the features that make it exceptional.
- How fast is it to use the service?
The platform is not complicated. Even new traders will never encounter challenges using it.
The simplicity makes operations take place fast.
- Payments.
There are charges involved when using a cryptocurrency exchange. Among them are entry, rollover, and exit costs.
Cryptology customers have nothing to complain about regarding fees because they can perform their operation for free.
- A widely accessible service.
Most cryptocurrency exchanges operate in certain regions only. Cryptology is available worldwide. The only country that has no access to the service, for now, is Japan and the United States. So, people from those regions may need to consider other US cryptocurrency exchanges.
- Leverage
Leverage improves customers’ earnings on the crypto platform.
- Pairs.
Market comparison in cryptocurrency requires having many cryptos. The Cryptology platform supports all the existing cryptocurrencies.
- Funds withdrawal.
Most crypto exchanges charge users when they perform transactions. However, that is not the case in Cryptology.
Instead of paying to make a transaction, the platform rewards users. For example, your first deposit brings you an incentive of up to one hundred dollars.
Earn- Cryptology platform feature
The trading company introduced the Earn feature this year. Customers use it to gain cryptos and coins.
It is possible to invest with your bank card, and you can analyze your activities each day.
There are various currencies, and what you gain from them varies. Below is an example:
- You can get 8% annually from bitcoin.
- USDT, DAI, and USDC give you 15% per year.
The Earn feature is free. You will not pay fees when depositing money.
Becoming an account owner on the Cryptology trading platform
The only way to join the Cryptology platform is by filling out the registration form. Below are the details you need to enter:
- Name.
- Email address.
- Password.
You have to agree to the terms and conditions as well.
The platform also allows registration via a Google account.
The accounts you can open.
The trading platform does not only permit having a personal account. There is a second type known as Institutional.
The unique thing between the accounts is that the first one permits trading services.
Trading versus Global Wire account
A trading account allows people to perform several transactions. For example, if you have a Global version, you can deposit crypto and fiat using a bank card or a wire transfer.
The service allows withdrawing cryptocurrency for fiat. In addition, you may transfer money with the method you use to make a deposit.
In trading accounts, people can send fiat money and cryptocurrency. However, withdrawals are possible only for the latter.
Fiat money deposits happen through Visa and Mastercard. If you have a Global account, you can access your funds using the wire transfer method.
Getting verified
At the Cryptology trading platform, you can get either primary or complete verification.
Basic
There is a limit of ten thousand dollars. The platform requires you to provide copies of the following documents:
- A driving license.
- A passport.
- Your identification card.
- A self of you holding your ID.
Full verification
The verification eliminates the limits found in the primary option. You can complete the process by providing your address proof.
Spot Exchange and BTC Futures trading
The spot and futures services are straightforward and interactive.
Spot exchange has the following:
- An order book.
- History of trading.
- Activities chart.
- An order form.
Futures
The service is similar to Spot Exchange. However, there is one difference, which is you can pick leverage on futures.
Cryptology costs and transaction methods
Makers and takers pay a fee on the real-time cryptocurrency exchange. The amount is 0.002.
Anything related to fiat costs 2.65% if you pay through debit and credit cards. The minimum you can deposit is $25, 20 Euros, or 1000 Rubles.
If you are in Brazil, you will have access to other payment options, and the fees will range from
from 1.7% to 3.6% for a deposit of as low as one dollar.
Example
EUR SEPA payments have a fee of 0.45% if you pay at least one Euro.
If you have passed the complete verification process, you can pay via wire transfer, with no fees involved. The lowest you may deposit is $25.
When it comes to withdrawals, institutional accounts owners can withdraw fiat. However, they can only use the SEPA account whose charges are seven Euros for a minimum withdrawal of fifty Euros.
The cost is 7 Euros for a fifty Euros deposit.
The Cryptology platform applies certain conditions on digital assets payments. Also, it is not possible to withdraw some assets.
The trading services regions
The only place you cannot find best-rated cryptocurrency exchange services is in Japan and America.
The online trading service pairs
Futures
- Bitcoin/USD
- Bitcoin/USD Perpetual
- Ethereum/USD Perpetual
- Electro-Optical System/USD Perpetual
- Maker/USD Perpetual
- Synthetix Network Token/USD Perpetual
- Tronix/USD Perpetual
- Steller/USD Perpetual
- YFI/USD Perpetual
- Bitcoin Cash/USD Perpetual
- Litecoin/USD Perpetual
- Zcash/USD Perpetual
Spot Exchange
- Bitcoin
- Ethereum
- Ripple
- Steller
- Bitcoin Cash
- Litecoin
- Zcash
- Tether
- USD Coin
- DAI
- Basic Attention Token
- Tronix
If you wish to trade fiat, you will need dollars, Euros, or Rubles.
The pros and cons of the Cryptology trading service
After covering the features of the Cryptology platform, you need to know if the service has positive or adverse effects.
The advantages
- User support.
The trading platform is straightforward, but the operators know that some users might still get stuck or need to make inquiries both before and even during usage. There is an excellent team of support representatives. They work around the clock to ensure the users get help whenever they encounter an issue.
- Incentive.
If you are new to the Cryptology platform, expect a $100 bonus on your first deposit.
- A widely accessible service.
As mentioned earlier, it is only America and Japan that do not support the Cryptology service. However, people from other places around the globe can use the platform.
- Costs.
Cryptology is currently allowing people to trade with no fees.
- Leverage
Cryptology gives as high as 100x leverage on Futures trading.
- Small order size
The lowest order size is $0.10.
Disadvantages
- Spot exchange lacks margin trading.
- Having a trading account prevents you from withdrawing fiat.
ConclusionÂ
The Cryptology benefits make the platform one of the top 10 cryptocurrency exchanges. You should give it a try if you want a fast trading platform.