CREX24 Review – SCAM or LEGIT?

• WHAT IS CREX24?

Crex24 is a cryptocurrency exchange platform which supports buying, selling and exchanging of cryptocurrency assets. Currently, it supports trading of a large number of cryptocurrencies with up to 500 available to trade. 

WHAT IS A CRYPTOCURRENCY EXCHANGE PLATFORM?

A cryptocurrency exchange service provides a platform to perform crypto transactions such as buying, selling and exchanging for various cryptocurrency assets. A few popular cryptocurrency exchange services are Coinbase and Binance.

• WHAT DOES CREX24 OFFER?

CREX24 offers trading support for over 500 cryptocurrencies. All these coins can be easily traded by using the CREX24 platform. It offers various methods for funding of account including EWallets, Bank Cards, and various payment systems. It also offers a trading API for its customers. It offers a minimum deposit of just 1$ for its customers. It also offers free cryptocurrency faucets for its customers which can be claimed within a specifically mentioned time frame.

• IS CREX24 FREE TO USE?

Yes, CREX24 is free to use for any type of customers.

• WHERE IS CREX24 BASED?

CREX24 is currently headquartered in Cyprus and while it does offers services worldwide US and Eur countries are excluded from the list though this might change in the coming future.

• PLATFORM FEES?

CREX24 is based on a tiered fees structure which means fees is calculated based on the number of transactions in the last 30 days. The higher the quantity the lesser the amount of fees which will be applied on transactions.

• IS WALLOFCOINS SECURE?

Yes, CREX24 offers cold wallet support which makes sure that all the funds are kept offline ensuring the highest possible level of security for its customers. Though ColdWallet support does not completely rule out the possibility of a future hack it does ensure that the user’s funds remain safe while being offline and can thus not be easily manipulated by third-party sources. It also offers an encrypted connection.

• WHICH PLATFORMS DOES IT SUPPORT?

CREX24 is available mainly on the Web platform with mobile apps for Android and IOS currently being developed.

• CUSTOMER SUPPORT?

CREX24 currently offers supports via support email alongside a feedback form. Response queries are usually answered within 24 hours. It does not currently offer direct live chat support for its customers.

• IS THERE AN API AVAILABLE?

Yes, CREX24 offers a trading API for their customers.

• DOES IT SUPPORT LISTING OF NEW COINS?

New coins can be listed on CREX24 with the requirement that they must be already listed on Coinmarketcap. The cost of adding a new coin is approximately about 0.03 btc.

• MINIMUM DEPOSIT AND WITHDRAWALS?

1. Minimum deposit – 1.5$
2. Minimum withdrawal – 3$

• SUPPORTED PAYMENT METHODS?

CREX24 offers a number of payment methods which can be used to deposit and withdraw for the platform. They are mentioned below:

1. Payment Systems: Neteller, Payeer, etc
2. E-Wallets: Skrill, Qiwi, WebMoney, etc
3. Bank Cards

• FINAL THOUGHTS?

To sum things up regarding CREX24 it is a relatively new but promising cryptocurrency exchange platform which has been operating since 2017. It offers trading support for multiple cryptocurrencies alongside offering a secure platform with Cold wallet implemented. The platform is available as a Web platform with mobile apps currently being developed. It also offers a trading API for its customers. It offers support for up to over 500 Cryptocurrencies on its platform. Alongside offering low minimum deposit/withdrawals it also supports a good number of payment platforms. Among the negatives, Customer support is a bit slow, to say the least with no direct chat support available.