Crypt EX – The Crypto Trading App
The Crypt EX platform describes itself as a “Smart Investing System,” promising users a quick and easy way to make money.
The creators of the app position it as the most straightforward too. An investor only needs to pay a deposit to activate the system. That’s all it takes to start making profitable trades for you on your own account.
The “AI Predict” function of the Crypt Ex app employs AI to forecast market shifts and assist the investors in making exorbitant returns. The advanced algorithms are altering our perceptions about money and trading, returning control to those who merit it with 8x portfolio returns while simultaneously destabilising the current system in which only 1% of the population controls 98% of the wealth.
Crypt Ex is an automated trading system that has demonstrated to be accurate approximately 85% of the time. However, before you put your money into Crypt Ex, read our evaluation.
In this Crypt EX review, we will reveal all you need to know about the crypto trading platform, including how it all works.
What exactly is Crypt EX and how does it function?
Crypt EX is a cryptocurrency exchange based in the United Kingdom. Although it has a registered address in Edinburgh, the platform is also available in Russian. Since 2017, Crypt EX has been active.
Cryptocurrencies are quickly becoming the new standard for asset and financial trade, but many individuals are unsure how to get started. Crypt Ex is a cryptocurrency trading programme that guides newcomers through the process.
You are required to fund your account with merely €250 and then use their initial portfolio generator to trade, including some basic trades against bitcoin values. Simply remove what’s left of your funds from your Crypt Ex account after the balance in your account has grown significantly, or if things don’t seem to be working out.
Crypt Ex cryptocurrency exchange doesn’t charge any fees while you’re using it. You will only be charged when you remove money from your bank account. If the charge is deducted, traders who wish to make more money will not be dissatisfied.
This application makes it easy for experienced and inexperienced traders alike, with all levels of knowledge on how to use cryptocurrencies in conjunction with an easy-to-use interface.
Investors based in United States of America
There are no restrictions by the portal for US based investors. As a result, we believe it is also open to American investors. Investors from the United States who want to trade here should make their own opinions on any difficulties relating to their citizenship or residency. CFD trading is still not legal in many parts of the US. Therefore a lot of people might have to use third party partner sites to get started on the platform.
Trading Perspective on Crypt EX
Different exchanges have different perspectives on trade. There’s also no “this is the best overview” perspective. You should decide for yourself which trading perspective is ideal for you. The order book, or at least a portion of the order book, a price chart of the chosen cryptocurrency, and order history are all common features of the views. They usually have buy and sell boxes as well. Before deciding on an exchange, have a look at the trading view to see if it feels suitable to you.
Fees for Crypt EX
Trading fees
Crypt EX charges flat rates, which means that both producers and takers are charged the same amount. The fees vary depending on the trading pair, but the highest fee for both takers and makers is 0.50%. This is significantly higher than the industry average, which has been around 0.25% in the past. However, we are seeing an increasing number of exchanges move to even reduced trading fees, such as 0.10%.
Crypt EX, on the other hand, charges varying trading costs for different trading pairs, as previously noted. A free trading pair (BSV/BTC) is also available.
Withdrawal fees
Withdrawal fees vary depending on the crypto asset you’re withdrawing, however they are usually a fixed proportion of the relevant crypto asset, unlike trading fees. According to our empirical surveys, the industry average BTC withdrawal fee is 0.0006 BTC.
CEach BTC withdrawal costs rypt EX 0.0005 BTC. This cost is in accordance with the industry standard (being 0.00053 BTC according to this report).
Mechanism for Deposit
You can deposit in almost any method you choose at Crypt EX. Credit cards and wire transfers are accepted. This is very useful for newer crypto investors. This exchange is classified as an “entry-level exchange” because it accepts fiat currency deposits.
Signing up for a CryptEx account
Filling out the online form with your full name and basic contact information is the first step in creating an account. These forms can be found on the app’s official homepage as well as third-party partner sites.
After you’ve completed the registration process, a phone call from your dedicated account manager from the Crypt Ex platform will be received. This account manager will guide you through the setup procedure, so be sure your phone is working correctly before proceeding.
After you’ve finished the form, you’ll be able to log in to your trading account and make a €250 deposit. Don’t consider the deposited amount as a fee, it’s the bare minimum capital investment you’ll need to get started trading.
You can also perform demo trading to get a handle of the platform. This demo trading feature is best for newbies.
You’ll have access to a range of trading tools, including historical price charts for the various instruments available on the site, once you’ve signed up.
You’ll also have access to numerous cryptocurrency market news feeds, as well as technical analysis tools such as drawing trend lines on price graphs over time periods ranging from one day to six months.
You’ll be able to practise on a demo account before trading on your real account to get a feel for the platform.
Why is Crypt Ex Legit?
Crypt Ex allows people to invest in Bitcoin in a simple and secure manner without revealing their personal or financial information.
To use this app, you must first register an account on the website, which will require some type of verification before access is granted. There are five options available once you’ve logged into your account. Deposit Funds, Trade Now, Make Picks, and Watchlist are the first four options, and they all demand KYC compliance from each user individually.
The final option, Parameters, allows you to configure settings such as the time zone it is placed in and how much data storage space should be allowed every day for viewing charts and other business-related objects.
The Crypt EX account offers demo account feature for the mining and cattle businesses as well.
Crypt Ex is a cryptocurrency trading system that allows users to trade in over 15 different cryptocurrencies, including Bitcoin and Ethereum.
It also has access to a variety of other features, including charts showing historical prices for the various instruments on the platform. This makes it suitable for both experienced traders and newcomers to the cryptocurrency market.
One feature that distinguishes this business from others is its demo account, which allows you to practise trading before you use your live or real money account. By converting your original payment into virtual currencies and starting small, you will be able to observe how successful transactions may be. This will allow you to avoid losing too much money if something goes wrong during an investing transaction.
What are the main characteristics of Crypt Ex?
- Bitcoin and Ethereum are traded, as well as a slew of other well-known altcoins
- Payments and withdrawals to your personal wallet are also processed in real time, with each transaction taking less than a second. You can also use a third-party wallet to deposit Cryptocurrency.
- Because each user has their own unique URL address, which is produced immediately when they sign up for an account, there is no need for verification. A new trader merely needs to enter their complete name, active phone number, and a valid email address, and start away.
- You have no limit on how many deals you can make every day.
What are the benefits of using Crypt Ex?
The main benefit of this trading platform is anonymity, which means that no personal information is required to register an account. To trade on this platform, all you have to do is submit a username and password combination. People who wish to keep their trades private or anonymous should use this app because it does not ask for any sensitive information when they join up.
Fast transactions (no wait time), free deposits, cheap transaction costs, over 300 trading instruments available on the platform, and 24-hour customer service support are just a few of the additional perks.
Pros and Cons of Crypt Ex
What We Like About the Crypt Ex Platform
- Crypt Ex is a quick and safe encryption programme that is simple to use. With little or no verification, you can sign up in seconds and start trading right away.
- Free personal account manager to help with the account setup process and live trading sessions.
- Crypt Ex offers a basic interface that is suitable for both novices and advanced traders, making it ideal for traders of all skill levels.
- On the Crypt Ex portal, you may also reach out to customer service 24 hours a day, 7 days a week if you need assistance understanding how the system works.
- The nicest feature about this programme is that while purchasing Bitcoins, there are no transaction fees (or any other cryptocurrency). This means you’ll obtain your coins faster without having to pay any more fees. Withdrawing funds from the account is the only price connected with utilising this programme.
What We Don’t Like About the Crypt Ex Platform
- The auto trading robot can take some time to get used to. Using the demo features allows you to learn all the new features and understand how the system works.
- That some people simply do not like auto trading systems. They do not like an auto trading robot making trading decisions for them. If you prefer manual trading, this type of system may not be ideal for you.
- You are limited to the number of free withdrawals you can make.
Other Trading Robots vs. Crypt Ex
Crypt Ex Platform
- Simple to Use
- Offers a high success rate.
- Registration is completed quickly.
- There are no transaction costs.
- Withdrawals are made instantly, round the clock.
- Excellent client service
Other Trading Platforms
- Interfaces and navigation are not user-friendly.
- Registration is difficult.
- Withdrawal fees are extremely high.
- Low success rates
- Transactions with long delay times
- Customer service is lacking.
Some trading advice for novices
- Utilise the demo account to brush up your trading skills
- Put your strategies to the test.
- Never deal after business hours, on weekends, or on holidays.
- Never invest more than the amount you can afford to lose.
- Before opening additional positions, keep an eye out for a retreat.
- Find the finest brokers and exchanges for your trading wants and preferences.
- Check to see if they have enough security measures in place.
- Finally, do some investigation into their reputation among other traders or on the internet, as well as any potential threats.
Media and Celebrity Endorsement for Crypt Ex?
People from many walks of life are drawn to the cryptocurrency market, especially now that huge organisations and business executives are either working with it or studying it.
Many shows, media outlets, and celebrity entrepreneurs have advocated or used Bitcoin in public throughout the years. Trading sites like Crypt Ex are reported to have been used by many. Let’s take a closer look at these rumours.
Dragon’s Den
Young entrepreneurs battle against a panel of successful businessmen in this famous British television show. The contenders must persuade the investor to fund their idea. Any idea that the panel invests in has the potential to become a worldwide phenomenon in a matter of days. We looked into the possibility of a link between Crypt EX and the show, but couldn’t uncover any evidence to back it up.
Shark Tank
Shark Tank, a show comparable to Dragons Den, airs in the United States. It gives prospective entrepreneurs the opportunity to pitch their business ideas to a group of successful and wealthy businesspeople. They, like the Dragons Den, seek investment from these sharks with deep pockets looking for promising new items or services that will make them richer than ever before. If a member of this panel invests in your idea, it will be front-page news in every major news outlet across the world – but we haven’t heard of this happening yet because Crypt EX isn’t yet legal outside of the United States.
Crypt EX appears to be supported or encouraged by a number of celebrities and television shows, according to various Reddit threads. It’s best to avoid making such claims because they’re false. We couldn’t discover any endorsements for Crypt EX from celebrities or television shows.
Trustpilot
Crypt EX receives a lot of positive feedback on Trustpilot. Users have posted a range of comments about their experiences with this bitcoin robot on the review website. And the great majority of these comments are fascinating to listen to.
Peter Jones
A British tycoon and investor named Peter Jones is worth 500 million euros. He’d be an excellent co-sponsor or financial partner for your product because he could help with the promotion and make it into a great hit in no time. We checked his previous Dragons Den investments, but couldn’t uncover any evidence that he had backed this platform.
Elon Musk
Elon Musk is a self-made billionaire and the founder of SpaceX, Tesla Motors, and SolarCity. He’s also a powerful public personality whose words have the potential to destabilise global markets with a single statement. We’d see headlines like “Elon Supports Crypt EX” all over the place if he endorsed Bitcoin. Our staff was unable to find any proof or clue that this had occurred, despite conducting thorough online searches.
Andrew Forrest
Andrew Forrest, a €9 billion Australian billionaire, has no cryptocurrency holdings. Given that his wealth comes primarily from the mining and livestock industries, it’s likely that he puts some of it into Bitcoin. Take the assertions with a grain of salt (or don’t take them at all). This isn’t to suggest that Crypt EX isn’t reliable; it’s just that they’re susceptible to marketing ploys. Because Andrew Forrest’s income is primarily derived from mining and cattle ranching, he may be able to invest in cryptocurrencies such as Bitcoin if he so wishes.
Paris Hilton
According to our analysis, Paris Hilton has been interested in bitcoin since 2017. The ICO token sale model was popular at the time, and Hilton stated that she was excited to participate in one. However, she never referenced any trading bots, including Crypt EX, indicating that she has no known ties to it.
Richard Branson
Richard Branson reportedly spent $30 million in BitPay, a cryptocurrency payment company, according to a recent article. Despite the big investment there is no evidence that the tycoon is associated with Crypt EX platform.
Crypt Ex – Our Final Thoughts
Crypt Ex is a genuine trading platform. It is not a fraud, and we recommend that you sign up on the portal. They provide excellent instructions for newcomers like us, and account managers are available 24 hours a day, 7 days a week to help if something goes wrong — so withdrawing funds was also straightforward. We’re sorry we didn’t sign up sooner because this is an excellent way to invest in cryptocurrencies with no risk and effort.
