CREX24 is this a scam? Review and Customers Reviews

CREX24 – cryptocurrency exchange, as well as a tap to collect free coins. The platform was created in 2017, which was just a period of growing popularity cryptocurrencies. During this period, the company has become popular among residents of many countries and has gained a rather ambiguous reputation.

In our review, we will take a closer look at the functionality provided by the service and find out whether CREX24 is a scam or a reliable cryptocurrency exchange.

 

Why CREX24?

CREX24 is a relatively young exchange, which appeared in 2017. The main audience of the platform are the residents of the CIS, but the interface of the site is multilingual, which indicates the popularity of the platform abroad. The main office of the company is registered in Estonia. The exchange provides for the following main currency accounts: USD, EUR, RUB, as well as exotic ones – JPY and CNY.

The exchange offers its clients favorable conditions for cooperation. The site crex24.com has rather low commissions for trading, as well as for depositing and withdrawing funds. The exchange provides not only the most popular and liquid cryptocurrencies, but also little-known tokens. Currently, more than 300 cryptocurrencies and 360 currency pairs are available on the site. An important aspect is that the exchange does not pay a commission for creating an order. On the contrary, a rebate is paid in addition.

The site itself has a simple and clear interface. Of course, a beginner will have to spend a little time to understand all the functionality, but for those users who have worked previously with other exchanges, the trading window will seem quite familiar. The following functionality is available to the client here:

• price chart TradingView. Separately, you can switch the depth of the market or see the details concerning the trading pairs;
• available trading pairs;
• the history of transactions on the exchange for the selected pair;
• the form of placing orders;
• current orders that are available on the exchange;
• user’s orders and trades.

Also, for the convenience of users, a mobile application was developed, which allows access to the exchange at any time and at any place. At the moment there is a version for Android.

The advantages of the exchange CREX24 include:

• no limits for unverified users;
• Availability of a cryptocurrency crane, which allows you to get free cryptocurrency;
• no deposit fee;
• quality feedback;
• low threshold for the minimum amount of fiat deposits and withdrawals;
• small trading commissions;
• Unlimited deposit and withdrawal of funds.

 

How to exchange cryptocurrency on the platform crex24.com?

To exchange cryptocurrency, the user can use several options:

• Transfer money from a cryptocurrency wallet to a bank card using third-party resources;
• to withdraw through the exchanger;
• through a payment system (allow you to store and withdraw cryptocurrency);
• exchange through the exchange.

 

Verification on the Krex24 platform

In order to verify your profile, first you need to fund your account. After that, a letter will be sent to the email address specified during registration, which will describe the conditions of verification. The client must:

• Upload a photo of the person next to the ID card or the first page of the passport.
• If the deposit is made through the payment system, you need to take a photo and upload a face against the background of the payment system page. The page must contain the first and last name or a transaction in favor of the service.
• When using a bank card, you must take a picture of your face next to the card, which will show the first six and last four digits of the number, the name and surname of the owner.

On the site crex24.com It is stated that the information in the documents must be easily readable. Also, only original documents should be used.

 

Deposit and withdrawal

Restrictions on deposits and withdrawals on our exchange of cryptocurrencies are related only to the minimum and maximum volume of input and output of currency in the used payment system. Deposit and withdrawal of earnings can be made with the help of:

• Epay;
• Perfect Money.

Cryptoexchange Commission

Transaction fee

In total two parties are involved in the transaction – the market maker (places an order to buy or sell an order in the market before the transaction) and the marketeer (concludes a transaction on the offer available in the market). In order to make a deal, market maker must pay a commission. The commission depends on the trading activity of the user. Every 24 hours, the system calculates the volume of transactions for the last 30 days of trading and, in accordance with the received data, adjusts the amount of commission according to the table.

Commission for deposit and withdrawal

Restrictions on withdrawals and deposits apply only in the case of the minimum and maximum amount of currency input and output in the payment system used by the client. When depositing fiat currency, the most profitable systems are Epay and Qiwi, which withdraw 0% and 2% respectively. The most costly method is bank cards, where fees can reach up to 10%. Withdrawal in most cryptocurrencies commission does not exceed 2%.

 

CREX 24 Bonuses

On the platform crex24.com so-called cranes were created, which allow you to get different cryptocurrencies (Cryptocurrency Trading Strategies). To do this, go to the “Cranes” section, choose your favorite cryptocurrency and click on the “Get” button. Each currency has its own period and amount of payments.

Referral program

The project provides for a bonus program for users. By attracting new customers, the user can get:

• 50% trading commission for trading his referrals;
• 1% of the amount of each roll in the Dice game;
• 50% of the amount of withdrawal fee.

Value-added services

Also on the site you can find simple games that allow you to earn extra tokens.

DICE

These are simple betting games offered by some such sites. On this platform it is a game of “more or less”. The essence is that the player must predict the number that will fall out. The value should not be greater or less than the fallout.

BLACKJACK-36

Another simple game, the essence of which resembles the game “21 points”.

 

Complaints about Krex24

The exchange has existed for more than two years, so you can find a considerable amount of feedback from the participants. In general, the service has a rather ambiguous reputation. From the positive aspects, users note the low commissions, convenient online resource, high-quality and quick feedback from technical support, as well as favorable conditions for cooperation. However, there are also negative reviews, where people complain about the fact that the exchange freezes funds on the clients’ balance, the long withdrawal time (up to 5 days), the long processing time of payments. In general, customers are still wary of the platform due to its short existence.

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Regulation of the crypto exchange crex24.com

There have always been a large number of fraudsters in finance, and with the advent of cryptocurrency, the number of unscrupulous projects has increased significantly. To avoid falling for scammers, it is necessary to check the availability of appropriate documentation, contact information, as well as to study the regulatory issue. Let’s take a closer look at how the exchange is regulated.

CREX24 regulator

The company CREX24 appeared more than two years ago and has managed to get quite a large customer base. It is known that the organization is registered in Estonia and operates in accordance with the legislation of this country. There is no information on the website that the platform has the necessary license to carry out activities with cryptocurrencies, but each client can find the “User Agreement”, which allows them to learn in advance about all aspects of cooperation with the online resource. Also, the site emphasizes the safety of using the exchange.

• Read the “Privacy Policy” on the CREX24 website
• Read the “User Agreement” on the CREX24 website

User Agreement

“User Agreement” – the main document of the project, which should be read by each user before starting to work with the service. The document contains the obligations of both clients and owners of the exchange. Let’s consider some points of the agreement in more detail.

The document specifies that a user’s account can be temporarily blocked in case of suspected illegal actions, suspected account hacking, or in case of violation of the service rules. If the user has created an obstacle for the service, his account is blocked without the right to restore. In other cases, you can contact the support service.

Service is not responsible if users make transactions using third-party funds. Responsibility lies entirely with the user.

The client must understand and accept the principle of the service and assumes full responsibility for all risks and losses associated with the use of the platform.

The agreement also states that all services are provided on an “as is” basis. The service does not guarantee the complete absence of technical problems on the site. Also, the company declines responsibility for any damage, which was caused to the user, even if the organizer knew about its possibility in advance.

Crex 24 Help Desk

You can contact the support service by one of the suggested options:

• email: [email protected];
• feedback form.

 

Is CREX24 a scam?

CREX24 – is a relatively young exchange, which appeared more than two years ago. During this period, the platform has become popular among residents of many countries, as evidenced by the multilingual interface. The main office of the company is located in Estonia, where the activities of the organization are regulated. The company tries to provide favorable conditions for its customers. The platform has low commissions for the implementation of cryptocurrency tradingAs well as deposit and withdrawal of earnings. In addition to the top cryptocurrencies, you can also find lesser-known ones. Thus, the site has 309 cryptocurrencies and more than 360 currency pairs.

Trading is done through a convenient and simple site with a clear interface for everyone. Also on the site you can find many useful tools in the form of charts and analyzers. Trading is available even for those users who have not been verified, but to withdraw funds you will still need to confirm your identity.

There are nice bonuses for users. Thus, the exchange has the so-called crane, which allows you to get some cryptocurrency for free. Clients can also earn from the referral program and simple games. In order for the user to have constant access to their account, a mobile application has been developed. At the moment there is an Android version and APK.

Despite the fact that the platform has only existed for a couple of years, you can already find a large number of reviews from customers on the Internet. In general, the company has a mixed reputation, as the opinion of the participants is divided. After a detailed study of the opportunities that can be found on the exchange, is it possible to claim that the project CREX24 – is a scam and fraud? No, because the company has been successfully providing its services to customers for more than two years and is a popular platform among residents of many countries.

 

Conclusion

CREX24 – a young, but actively developing exchange for cryptocurrency trading. Having appeared in 2017, the project has managed to accumulate a large customer base and become popular among residents of many countries. The company provides a wide functionality and favorable conditions for cooperation. All activities are based on the legislative base of Estonia, because the main office of the organization is located there. However, when using the services of the exchange, customers should be aware of the possible risks and material losses, for which the organizers do not bear responsibility. At the moment, the exchange looks good among its competitors, but has its disadvantages. If you were or are a client of CREX24 – leave your independent opinion to form an independent rating of cryptocurrency exchanges.