StockPoint exchange: review of the official website, registration, deposit and withdrawal, cryptocurrency trading
StockPoint is a licensed cryptocurrency exchange with a high level of security and protection of customer funds. The company is officially registered in the EC (Slovakia and Estonia).
Official website: stockpoint.io
Read also: 25 best crypto exchanges to trade.
StockPoint currently works with 7 cryptocurrencies and 4 fiat currencies, of which 24 trading pairs are formed. An uncomplicated interface and round-the-clock technical support allow even novice users to work with the site.
To trade, just create an account and top up your balance. But for those who have passed the verification, even increased daily limits and the ability to withdraw fiat from the site are opened.
|Legal name||StockPoint s.r.o. (Slovakia); Stockpoint OÜ (Estonia)|
|License number||FRK000416 (Stockpoint OÜ); Companies Nr. 47911000 (StockPoint s.r.o.)|
|Russian language support||Yes|
|Working with fiat money||Yes|
|Payment systems||NixMoney, ADVCash, Perfect Money, Payeer, Interkassa|
|Supported fiat accounts||Rubles, dollars, hryvnias, euros|
|Minimum deposit amount (fiat)||10€; 10$; 500 RUB; 250 UAH|
|The minimum amount for replenishment and withdrawal of cryptocurrency||0.0001 BTC; 0.001 LTC; 0.01 XRP; 0.01 ETH; 0.01 ETH; 1 USDT|
|Commission for replenishment (fiat, cryptocurrencies)||0%|
|Bank transfers||Yes, after verification|
|Supported cryptocurrencies||BTC, BCH, ETH, LTC, DASH, USDT, XRP|
|Orders||By limit, by market|
|Verification||Needed to withdraw fiat and withdraw limits|
|Social networks||https://twitter.com/StockPoint4; https://www.facebook.com/stockpoint.io/; https://vk.com/stockpointofficial|
|Other exchanges||Binance, EXMO, Currency, Bybit, Bitmex, FTX, CEX IO, Stormgain, etc.|
Advantages and disadvantages
✅ Support for internal bills – the ability to sell exchange codes on other resources. To complete a transaction, you no longer need to exchange currencies, it is enough to generate a bill, and then redeem it at any convenient time.
✅ Fiat support.
✅ Worked out security issues for user funds.
✅ 24/7 technical support.
✅ Simple interface for beginners, quick account registration.
✅ Low commission fees.
✅ There is an affiliate program.
❌ So far, there is low activity and low trading volume due to the fact that the exchange is very young.
❌ There is practically no information about the development team.
Registration on the Stockpoint cryptocurrency exchange
An email with a link to activate your account will be sent to your email address (it may end up in the Spam folder).
To get into your Stockpoint Dashboard, click on your account name and select Profile.
The first step is to verify the account for security purposes – to indicate the last name, first name, patronymic, residence address and confirm the identity by providing scans of documents.
Below you can change the password for the account and the time by which the site will be guided. And also provide all the necessary data to confirm your identity.
Verification at Stockpoint is required in order to comply with the KYC / AML requirements. If the account is hacked, it will be much easier for the management to restore it and return it to the owner.
The process includes three elements:
- Filling in the fields of full name, uploading a scanned image of a passport or ID card.
- Proof of Address: Primary, Secondary, Postcode, City. To confirm the validity of the address, you will need a photo of a receipt for payment for housing and communal services or a scan of your passport (the page where the registration is indicated).
- Identity confirmation by uploading a selfie with a passport, where key information will be visible – series / number, place and date of issue.
There are certain requirements for documents. The passport must be issued in Latin or Russian letters. All photos and scans are in color. It is important that the document is fully visible without being obstructed by hands, objects or a flash. Editing is not allowed in any programs.
The verification process takes up to 3 days. If at least one rule is violated, then the application is rejected (a comment will be added, what exactly is wrong).
The security section can be accessed by clicking on your account name at the top and selecting Security.
Here you can change the password, enable authentication using Google or E-mail, set up answers to security questions, track the authorization history, add one or more IP addresses to the trusted list.
The platform developers take the issue of secure storage of user assets and information very seriously. The vast majority of finances are stored in “cold” wallets that are not connected to the Internet, so it is impossible to steal from them.
At the same time, the creators of Stockpoint recommend that customers also remain vigilant and take measures to protect their savings:
✅ activate two-factor authentication in the settings;
✅ set the most complex passwords for both the exchange and the mail linked to it;
✅ install a reliable antivirus and update databases every day.
The site does not work for long, and during this time no complaints about hacking or loss of funds have been identified.
Deposit and withdrawal
You can manage your account on the Stockpoint crypto exchange from the Go to accounts section.
Next, you need to click the Deposit or Withdraw button next to the currency of interest (recall that the withdrawal of fiat is available only to verified accounts).
When you click the Deposit button, the system generates an address to which you need to send money from your wallet. Six miner confirmations are required to complete a Bitcoin transaction. After that, the money is credited to the account.
If we are talking about replenishing a fiat account, then you can use the following payment systems:
- ADV Cash
- Perfect money
It will be possible to use the Mastercard to top up the account only after verification.
You can withdraw cryptocurrency to Blockchain or CryptoWallets wallets. To do this, just click Withdraw funds and specify the payment details. Withdrawal is carried out within 2 days.
Commissions and limits
Stockpoint Exchange offers users some of the lowest commissions on the market – 0.05% when trading any trading pair.
Depositing funds is exempt from commissions. Withdrawal fee is 0.1%.
There are certain trading limits that differ for different trading pairs. For example:
- BTC / USD – 200,000 USD
- ETH / USD – 50,000 USD
- ETH / BTC – 10 BTC
- BTC / RUB – 12,000,000 RUB
- EUR / USD – 100,000 USD
What are Bills at Stockpoint
StockPoint promissory notes provide the ability to create special recharge codes in any of the currencies available on the site. You can use codes outside the exchange as a request for payment.
Working with bills of exchange has a number of advantages: quick withdrawal or replenishment of funds, reduced commissions for both types of operations, the use of any available currencies from fiat or digital.
How to buy and sell currencies
Before starting work, you need to register and top up your account in any available way. After that, you can start trading in a simple or advanced way. The StockPoint crypto exchange itself selects the most interesting offers for the user and displays them in the profile and on the main page of the site.
There are two types of orders used in trading:
- Simple or limited. Executed when another user creates a counter-order with suitable conditions (at the same or more favorable cost). If an order appears first that partially fulfills the request, then the order will also be partially executed, and the rest of it will wait for other orders in the so-called order book.
- Market. Such an order is executed at the highest available order book price immediately after creation. As in the previous version, it is possible to execute in parts until the entire amount is repaid.
StockPoint offers users two trading modes.
The “Exchange” mode is more relevant for beginners who need to sell or buy cryptocurrency, but have not previously used the platform. At the same time, they are not interested in trading, they just want to make an investment.
The “Bidding” mode is intended for those who want to trade cryptocurrency and have experience in this or other similar platforms. In this mode, additional tools are available for more complex operations.
For the comfort of customers, an efficient support service has been organized, working around the clock without breaks, weekends and holidays. You can contact the operators with any questions: a problem with the entrance, problems regarding the deposit or withdrawal of funds, difficulties with trading, as well as express your feedback and suggestions. The service is new, it is in the process of development, so the developers express their readiness to listen to even the most daring proposals for expanding the functionality.
You can contact technical support by e-mail email@example.com. As a rule, they answer quickly, but it depends on the load of the operators and the details of the letter itself. It is advisable to describe the situation in as much detail as possible, and also indicate the subject of the letter in the appropriate field. Be sure to indicate in the letter the email associated with the account, and write from it too.
Despite the novelty of the site, trading on the Stockpoint cryptocurrency exchange is quite active. The choice of cryptocurrencies is small, but the most popular ones are here (you can compare it with the Kraken exchange, where the choice of tokens is also small, but it is among the top exchanges).
Stockpoint has many advantages, of which a friendly interface and complete Russification are most striking. The platform is recommended for beginners who are just getting started with cryptocurrencies.