Exchange CREX24 – a detailed review of the site crex24.com, reviews. The nuances of work, registration, replenishment and withdrawal, instructions for trading cryptocurrency
CREX24 is a cryptocurrency exchange and faucet for collecting free coins. A feature of the crypto exchange is the work with fiat currencies: you can replenish or withdraw funds from the balance through bank cards Visa / MasterCard, Yandex.Money, Qiwi, Perfect Money, WebMoney. Account currencies: USD, EUR, RUB, exotic JPY and CNY. The Btcnewsweb.com editors have prepared a detailed review of the CREX 24 exchange.
Official site – crex24.com
Recommended: List of the best cryptocurrency exchanges to trade.
The exchange has been operating since August 2017. The country of official registration is Estonia. The daily volume is about 700 thousand US dollars or 110 Bitcoin at the exchange rate.
CREX24 provides for trading not only top and liquid cryptocurrencies, but also adds little-known tokens. Today, 309 cryptocurrencies and 369 currency pairs are available on the exchange. The trading commission is paid only by takers (who take away liquidity). Its size is dynamic, it depends on the turnover over the last 30 days and starts from 0.1%. With a turnover of more than 50 BTC, the commission is reduced to 0.06%.
Important. Makers on the CREX24 exchange do not pay commission for creating an order. On the contrary, they are paid extra rebate.
The minimum amount for depositing fiat is 1 USD (50 RUB), for withdrawal – 1.5 USD (100 RUB). Each cryptocurrency has its own conditions, which can be viewed directly when depositing or withdrawing. For example, for Bitcoin, there is no limit on input, and the minimum amount for withdrawal is 0.001 BTC. Account verification on the exchange is required when replenishing from cards, through Yandex or WebMoney, for withdrawal it is not required. The most profitable payment systems: for input – ePay (0%) and Qiwi (2%); for withdrawal – Yandex (1%) and WebMoney (0.8%).
After registering at crex24.com, you can start using the crane to collect various coins. For each, there is a time gap between requests. Bitcoin is available for request every day, $ PAC token – every 18 minutes, etc. The conditions and number of coins may change, so you need to look at the information on the official website. Free cryptocurrency is transferred to the wallet and is available for withdrawal when the minimum amount is reached.
- 1 Review of the cryptocurrency exchange Сrex24
- 2 Registration on the website of the CREX24 exchange
- 3 Login to your crex24.com account
- 4 Setting up a personal account
- 5 Cryptocurrency faucet on CREX24
- 6 Deposit and withdrawal from CREX24
- 7 How to trade on the CREX24 crypto exchange
- 8 Advantages and disadvantages of the CREX crypto exchange
- 9 Reviews on crex24.com
Review of the cryptocurrency exchange Сrex24
|Year of foundation||2017|
|Company registration||Estonia, Tallinn|
|Founders||there is no data|
|Trading volume as of May 17, 2019||$1 311 426|
|Number of clients||there is no data|
|Rating||It takes 122nd place in the ranking of crypto exchanges according to Coinmarketcap.|
|Working with fiat||dollar, euro, ruble, yen, yuan|
|Payment systems||WebMoney, Yandex, Qiwi, Perfect Money, Epay, Visa / MasterCard cards|
|Verification||Optional. It is carried out only when entering fiat from bank cards, WebMoney, Yandex.Money.|
|Safety||two-factor authentication 2fa: Google Authenticator|
|Trading commission||Only the market maker pays: it starts from 0.1% and depends on the turnover for the last 30 days.|
|Number of cryptocurrencies||There are top coins and exotic (just Shitcoins): Bitcoin, Ethereum, EOS, TRON, Zcash, Bitcoin Cash, Litecoin, Ripple, Verge, VeChain, NEM, Dash, Dogecoin, Monero, Binarium, Bancor, Bitcoin Gold, TrueUSD and so on …|
|Number of trading pairs||272|
|Mobile application for trading||in developing|
Registration on the website of the CREX24 exchange
Registration on the CREX24 exchange is a prerequisite to trade or use the crane. The procedure for creating an account is free, without further payment and is carried out in a few minutes.
To register, you need to click on the main page of the official website crex24.com button “Start trading” or “Register”.
Fill out the standard form, providing reliable data:
Also go through the captcha, read and agree to the terms of service.
A letter will be sent to the specified e-mail box. It will contain a link for verification and registration confirmation.
At this stage, the first stage is completed, you can proceed to familiarize yourself with your personal account, settings and trading platform.
Login to your crex24.com account
To enter the official CREX24 website, you need to specify your email and password. If 2FA is connected, then you will need to specify an additional security code. If two-factor authentication is not enabled, then for security reasons, an email will be sent to the registration email with a link to confirm the login to the exchange account.
The top menu of the CREX24 exchange website consists of sections:
- “Markets”. Go to the trading terminal for buying / selling cryptocurrency.
- “Score”. Replenishment / withdrawal of funds from the balance of the crypto exchange.
- “Reports”. History of open and closed trade transactions, financial transactions for the selected period of time.
- “Cranes”. Getting free crypto coins.
- “Dice”. The game is “over-less”, a bet on the number that will appear. If the scenario is correct, they give a double rate in Bitcoin.
- “Personal Area”. The section consists of items: “Security”, “Verification”, “API Keys”, “Affiliate Program”.
- Language switch icon. The crex24.com website has been translated into 21 languages, including Russian.
- Night or day mode enable icon.
- Sound and notification enable icon.
Bottom menu of the site:
Below is the entire informational part: information, commissions, link to the affiliate program. In the “Documents” section – the basic rules and conditions for working with the CREX24 exchange. In the “Support” section there are answers to basic questions of the FAQ, API connection, adding new coins. In the “Discussion” – links to forums and social networks in which the cryptocurrency exchange is represented.
Let’s consider in detail the main sections.
Setting up a personal account
To configure the basic parameters of your account, you need to log in to the CREX 24 exchange and go to the “Personal Account” section.
In the paragraph “Security”:
- Connecting two-factor authentication Google Authenticator. To do this, you need to download the application (links are given) to your mobile device (phone, tablet), install, run and scan the QR code, or enter the code manually. Be sure to write down this code (backup code). It is needed if you need to restore access if you lose your device with the Google Authenticator app.
- Password change.
In the item “Verification” – the passage of verification when using some payment systems when replenishing: bank cards, Yandex, WebMoney. When using other payment methods and cryptocurrencies, the identity verification procedure is not required. You will need to upload a photo for verification.
The “API” section contains documentation on its connection, generation of keys.
“Affiliate program” – statistics of the referral program of the CREX24 exchange.
Cryptocurrency faucet on CREX24
In most cases, faucets of cryptocurrencies are sites that give them away for free but post a lot of advertisements. The crane from CREX24 is different from them, since there is no advertising at all. The goal is to attract more users to the exchange, who will subsequently become its customers.
To collect the available cryptocurrency, you need to go to the “Cranes” section and click “Get”. You can immediately see the size of payments, they are not very large, but a couple of dollars is collected in a month.
In the “Reports” – “Payment history” section, you can see the receipt of coins on the balance.
Deposit and withdrawal from CREX24
A deposit is required to start trading. To replenish / withdraw funds on the CREX24 exchange, you need to go to the “Account” section and select the required method:
✅ Fiat: cards, payment systems. In some cases, you will need to go through account verification.
Some nuances when replenishing the crex24.com cryptoexchange:
- When transferring cryptocurrency, you need to send coins to the specified address, taking into account the minimum amount and commission in the blockchain network itself. For example, there is no minimum amount for Bitcoin.
For Ethereum, the minimum deposit is 0.01 ETH:
- The minimum deposit amount in fiat is 1 US dollar, 50 Russian rubles, 1 euro.
- The commission for the deposit depends on the payment system and currency. Account USD: WebMoney – 2.5%; ePay – 0%; Perfect Money – 2.5%; Visa / MasterCard – 6.65%. RUB account: Yandex.Money – 7%; Qiwi – 2%; WebMoney – 2.5%; commission for ruble cards depends on the amount and ranges from 6 to 10%.
The nuances of withdrawing funds from the exchange:
- When changing the password, withdrawal is prohibited for 72 hours. This is done for security purposes.
- The minimum amount depends on the chosen method. For fiat – 1.5 USD, 100 RUB or 2 EUR.
- Commission. EUR account: WebMoney – 0.8%; USD: Perfect Money —2%, WebMoney – 0.8%; RUB account: Yandex – 1%, Qiwi – 15%, WebMoney – 0.8%.
- When withdrawing cryptocurrency, a minimum amount and commission are set. To withdraw Bitcoin, you must comply with the following conditions: minimum – 0.001 BTC, commission – 0.0005 BTC.
- When withdrawing a deposit, an instruction will be sent to your email.
How to trade on the CREX24 crypto exchange
Having replenished the balance of the deposit, you can start trading on the platform. To do this, go to the “Markets” section. Deals take place between the participants, who are divided into takers (they take away liquidity, carry out transactions in the “market”, choosing the order book from opposite orders) and makers (form the order book with limit orders).
Depending on this, a commission is set:
As you can see, makers are paid extra (rebate), thereby stimulating market liquidity.
Review of the trading page of the CREX24 exchange:
- In the upper left part there is a chart of the selected currency pair.
- Below is a purchase requisition form.
- Top right – selection of the required pair in the “Tools” section.
- Bottom right – order book for buy and sell.
Instructions on how to trade on the CREX24 exchange:
- Choose a cryptocurrency pair. For example, BTC / USDT:
- After analyzing the chart, choose an entry point to a deal to buy a cryptocurrency or an exit (when selling).
- Examine the order book, trading history.
- Place an order to buy cryptocurrency (or sell). At the moment, you can set only one type – limit. This means that the order enters the order book and will be executed when it is redeemed. Indicate the quantity and competitive price, taking into account the course, order book and history.
- Wait for the order to be executed. If the price is not competitive, you will have to wait a long time. Sometimes it is worth canceling it altogether.
- You can simply redeem the opposite order by clicking on it. The application form will be filled in by itself, only you need to correct the quantity. In this case, the commission is considered as for a taker.
Advantages and disadvantages of the CREX crypto exchange
Let’s note the main advantages of the CREX24 exchange, which should be taken into account when choosing a platform for trading cryptocurrency:
- Accepts / withdraws fiat.
- The WebMoney payment system is present – this is a rarity for crypto-exchanges. Qiwi, Yandex Money and bank cards are also available.
- There are no limits for unverified users.
- The duration of the work is more than a year.
- Charts from Trading View.
- Small trading commissions.
- The listing shows the most liquid and promising cryptocurrencies.
- There is no commission for depositing cryptocurrencies, only the minimum and maximum amounts are set.
- Low threshold of minimum amounts for depositing and withdrawing fiat (1 and 1.5 USD or 50 and 100 RUB, respectively).
- Cryptocurrency faucet.
- The presence of an official representative in the main forums.
- Support operational work. The answer to the question came within 10 minutes.
- The type of order that can be created now is limit only. Although the FAQ on crex24.com mentions market and stop limit.
- There are no mobile apps.
- Low trading volume.
- A confusing verification procedure, during which you need to submit a photo of your passport and personal account in the PS.
Reviews on crex24.com
The CREX24 exchange is still relatively young, so the trading volume is low. Compared with other platforms, for example BitFlip, the exchange is developing, volumes are gradually growing. To attract liquidity and increase the influx of new traders to the site, a faucet with the distribution of free cryptocurrencies was launched in October. In general, the reviews about CREX24 are positive or neutral. From the comments, we can note the inconvenient verification procedure and the freezing of the site in some browsers.
Reviews of the crex24.com exchange from real customers: