0,10% - 0,25%

Trading Fees

2017

Founded

$1

Minimum Deposit

Estonia

Country

No

US Clients

<321

Cryptocurrencies

3.62

Security Score

Crex24 is a young cryptocurrency exchange founded in 2017. The broker is focused on major cryptocurrencies: Bitcoin, Ethereum, and Litecoin. The list of coins is continually expanding and Crex24 is “open to cooperation” with new cryptocurrencies.

The exchange is based in Estonia and targets Russian-speaking users. Many traders associate the company with the famous 1xbet bookmaker; this is because the bookmaker acts as intermediary and provides funds for withdrawals.

How Does Crex24 Work

The registration process is very simple:

  • Go to the official website crex24.com. Click on the “Register” button in the upper right corner of the page;
  • The registration is performed by filling out the following points: Email address (which is your website Login) and password;
  • Click on the “Register” button;
  • Wait for the verification letter to confirm the registration.

Account verification could take a little longer. After replenishing the first deposit, you receive a letter with detailed instructions for verifying your account. The exchange’s Registration Policy sets forth the terms and conditions for security purposes:

  • Each securities exchange must adopt the rules which require users to provide an ID, with both the face and ID displayed fully and clearly in the image. Crex24 requires ID verification to prevent fraud and keep the community safe;
  • If the deposit was paid through the payment system,  the user must provide a photo of his face against the background of the web page. The name and surname and transaction notice must be visible on the photo;
  • If money is deposited with a credit card, you are required to take a photo of the card next to your face provided that the last 4 digits of the card number must be visible, as well as the name and surname of the holder.

Replenishment and Withdrawal

To replenish the deposit account, click on the “Account” button in the upper left corner. Afterward, the “Account” section will open, containing detailed information about the status of the account and Deposit/Withdrawal Form. Fiat currency section is located in the header of the webpage.

After you select a prefered currency, a page transforms to the replenishment methods list. Payment methods:

  • bank cards;
  • electronic wallets;
  • payment systems.

Further, the standard confirmation request proceeds. The minimum amount to deposit is $1, to withdraw – $1.5. Makers on Crex24 do not pay a commission for deposits. Instead, they get rebates on trades. To withdraw money, go back to the section “Account”, select a currency and click the “Withdraw” button. Then select the output method and fill in the relevant information. Moreover, the exchange updates every 24 hours and recalculates the volume of transactions for the last 30 days.

Is Crex24 Safe?

The exchange offers two essential security features:

  • Encrypted password. The exchange uses the device key to encrypt the password, which is then stored in the system;
  • Two-factor authentication. To enable two-factor authentication, you need to click the “My Account” button in the upper right corner of the screen. This will load the page with instructions for activating 2FA. Next, open Google Play or Apple Store and download the Google Authenticator app. Open the application and click on “+”. Select “Scan barcode”. Enter the code in “Authentication window”.

Review summary

Advantages:

  • 352 trading pairs;
  • simple and functional trading window;
  • low fees;
  • unlimited deposit and withdrawal of funds.

Disadvantages:

  • withdrawal delays;
  • user interface is available in two languages: Russian and English;
  • lack of information back up and company’s developers;
  • limited number of replenishment and withdrawal options;
  • negative reviews.

Conclusion

CREX24 is a relatively new exchange with mostly Russian-speaking client base. The trading platform is user-friendly and has additional trading features, charting and indicators. The amount of tokens on the platform is quite impressive, however, it is proportional to the number of bad reviews. Therefore, it is important to consider these factors before depositing and trading large sums on the exchange.