| Cryptocurrency exchange | |
|---|---|
| Official website | |
| Social network | |
| Date of foundation | 1970 |
| Head Office | Suite 1, Second Floor, Sound & Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles |
| Types of support | |
| Languages | Russian, English, French, Spanish, Italian, Taiwanese |
| Exchange Commission | Trade Commission: 1 % / From each transaction |
| Terminals | Author's platform |
| Age restrictions | From 18 years |
| Number of cryptocurrencies | 3 |
| Margin trading | No |
| Tokenized assets | No |
| Free demo account | No |
| Types of accounts | Standard |
| Methods of replenishment | Advcash, Neteller, Payeer, PayPal, Perfect Money, Qiwi, SWIFT, AlfaBank, Wire transfer, VTB 24, Rocketbank, Sberbank, Tinkoff, Yandex.Money, Bank card (Visa/MC), et al. |
| Withdrawal methods | Advcash, Neteller, Payeer, PayPal, Perfect Money, Qiwi, SWIFT, AlfaBank, Wire transfer, VTB 24, Rocketbank, Sberbank, Tinkoff, Yandex.Money, Bank card (Visa/MC), et al. |
| Account Currencies | RUB, EUR, USD, and over 40 other currencies |
| Types of cryptocurrencies | Bitcoin, Ethereum, USDT |
| Mobile apps | There are mobile apps |
| Trader training | There is a manual with instructions |
| A way to store cryptocurrencies | Cold: yes Hot: no |
| Fiat accounts | Yes |
| Scalping | No |
| Stop loss and take profit function | No |
| Possibility to exchange for fiat currencies | Yes |
| Terminal capabilities | Working with indicators, graphical tools |
| Basic verification | Yes |
| Advanced AML verification | You need to upload copies of documents |
| API | Yes |
| Affiliate Program | No |
| Advantages | Fast service and no transaction fees 24/7 user support Work with the three most popular currencies on one site You can buy and sell cryptocurrency from 600 rubles Unique Telegram bot - Cryptolocator Bot Handy mobile app |
| Disadvantages | Support for only three cryptocurrencies |
| Company requisites | Legal name: Crypto Technologies LTD Legal address: Suite 1, Second Floor, Sound & Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles |
| Overall assessment | 0/10 |
| Date of update | April 27, 2022 |
Cryptolocator is this a scam? Review and Customers Reviews
Contents
Cryptolocator – is a peer to peer marketplace for buying and selling Cryptocurrencieswhere transactions are made directly between buyer and seller. The platform has been functioning successfully for more than two years. During this period the service has managed to gain popularity among users and has become quite popular.
In our review we will take a closer look at the features implemented by the project and find out if Cryptolocator is a scam or a reliable platform for selling and buying cryptocurrency.
Why Cryptolocator?
Cryptolocator – exchangewhich appeared on the Internet in 2017. The service is popular not only in the CIS countries, but also abroad, as evidenced by the multilingual interface. On the platform, clients can directly buy BTC, USDT and ETH. The client can also synchronize his account with a Telegram bot or a mobile app for convenience.
All work with the site cryptolocator.com is carried out in online mode. The platform has a simple and understandable interface for everyone. Even a beginner will need no more than 15-20 minutes to understand the basic functionality of the site. For beginners there is a manual with step-by-step instructions for working with the site.
Also, for the convenience of users, a mobile application was created, which provides the ability to access the platform at any time and any place. The application is available for both Android and iOS systems.
The main advantages of the service include:
- low commission;
- 24/7 user support;
- no transaction fee for the tokers;
- work with the two most popular currencies on one platform;
- you can buy and sell cryptocurrency from 600 rubles;
- unique Telegram bot – Cryptolocator Bot.
How to exchange cryptocurrency on cryptolocator.com platform?
The site allows you to sell cryptocurrency, buy it or exchange it (How to Make Money on Cryptocurrency?). Before performing one of the actions, it is necessary to specify the time zone in the profile, so that during the creation of the transaction and the purchase of currency the correct time of the seller’s work is reflected. Also in a separate tab it is necessary to mark the actual notifications. You can exchange cryptocurrencies for no more than 2,000 USDT per day.
To successfully create a transaction, you need to pay attention to the payment method as well as the seller’s limits. Limit is the maximum amount a seller can sell cryptocurrency for (Cryptocurrency Trading Strategies). Each seller also has a rating, which displays the number of transactions made. After the customer has clicked on the “Buy” button, the next window will show several important points regarding the transaction: payment period, transaction terms, and may also include helpful tips from the seller. If the desired seller is not currently online, you can write to him.
Verification on the Cryptolocator platform
In order to expand your trading limits, you must be verified. To do this, go to your profile, click on the name of your account, and then click “Verify” next to the item “Verification”. Then the user needs to upload one of the documents (passport, driver’s license or ID card) to the appropriate window and wait for verification.
Verification not only allows you to increase the limit, but also increases the credibility of the user in the eyes of the seller, as most want to cooperate only with buyers who have confirmed their identity.
Deposit and withdrawal
On the site cryptolocator.com Each user has his own wallet, which can be replenished or, conversely, withdrawn. For the balance to become positive, it is necessary to send ether or bitcoin to the wallet. It is possible to replenish the balance and withdraw earnings with the help of:
- bank transfer (Tinkoff, AlfaBank, VTB, etc.);
- SWIFT;
- QIWI;
- Perfect Money;
- AdvCash;
- Payeer;
- Neteller;
- PayPal;
- Yandex;
- Mastercard, Visa;
- E-money;
- Gift cards;
- cash;
- other.
When you create an order to buy or sell cryptocurrency, the minimum amount of the ad is 0.05 ETH and 0.001 BTC or the equivalent in fiat.
Cryptoexchange Commission
The site has no commission for buying or selling cryptocurrency, nor for depositing funds. However, 1% is charged for each transaction made.
Cryptolocator bonuses
Cryptolocator offers an affiliate program and lottery.
Lottery
Buy and sell cryptocurrency and get lottery tickets for it. The winning combinations of matches are as follows:
- 2 numbers out of 6 are $1.
- 3 numbers out of 6 are $2.
- 4 numbers out of 6 are $4.
- 5 numbers out of 6 is $20.
- 6 numbers out of 6 is $100.
Referral program
For active participants who want to earn extra income, there is a referral program. Using his unique link the client can invite new users to the project cryptolocator.com and get bonuses of up to 50% from the service commission for each transaction.
Complaints about Cryptolocator
Although the platform has appeared relatively recently, you can already find a large number of reviews on the Internet from clients. In general, the service has a fairly good reputation because the number of positive reviews far exceeds the negative ones. From the pluses of the site, users note the modern interface, the availability of a license, and fast processing of applications. From the disadvantages, customers point out the small number of offers, the availability of only two currencies, as well as the small number of payment methods.
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Regulation of crypto exchange cryptolocator.com
More and more scammers are appearing in the field of finance, who deceive clients. To avoid falling for a scam, you should check the availability of a license and appropriate documentation on the site. Let’s take a closer look at how Cryptolocator is regulated. You can also find the necessary documentation and contact information on the site. The location of the main office of the company is not hidden.
User Agreement
The “User Agreement” is one of the main documents of the platform, which every user should read before starting cooperation with the service. The agreement contains basic information about the project, as well as the responsibilities of both parties. The disadvantage is that the document is presented in English, which may create inconvenience for the Russian-speaking population. Let’s consider some points in more detail.
The document states the information that Cryptolocator acts as an escrow service between two parties and does not act as a payment system. Funds are kept safe until the payment is confirmed, received and valid. This means that all responsibility for sending, receiving, and verifying the validity of the transactions lies with the buyer and seller. Once the payment is confirmed, the funds will be released from escrow. If there is a problem during the transaction that cannot be resolved, either party can dispute the transaction. The moderators will investigate and a decision will be made according to the evidence provided by both parties.
The client accepts the fact that all services are provided “AS IS”, without warranty of any kind, express or implied. The company will try to ensure the correct operation of the site, but does not guarantee continuous access to the platform due to random failures or outages. Administration does not guarantee that access to the site will not be interrupted or there will be no delays, failures, errors, omissions, loss of transmitted information and disclaims responsibility for any failures and losses that may be incurred by the user.
The company has the right to suspend or completely terminate the account if it finds reason to suspect illegal activity by the user. Clients are also strictly prohibited from using the account for any illegal purposes.
By registering in the project, the client is aware of and accepts the risks that may arise from the use of digital currency, including hardware failure, software problems, malicious software, third-party intervention. The organizers disclaim responsibility for any failures and errors that may occur as a result of using the service. Also the user accepts and acknowledges the fact that there are risks associated with the use of any digital currency network, including, the risk of unknown vulnerabilities or unforeseen changes in network protocol. Cryptolocator has no control over any cryptocurrency network and is not responsible for any damage resulting from such risks.
The Company shall not be liable for any damages or for any use of the services, including any loss, damage or claim resulting therefrom:
- user errors, such as: forgotten passwords, incorrectly constructed transactions or incorrect email addresses;
- server failure or data loss;
- damaged wallet files;
- unauthorized access to applications;
- any unauthorized actions by third parties, including but not limited to the use of viruses, phishing, brute force, or other means of attack.
Cryptolocator support service
You can contact the support service by one of the suggested options:
- online chat;
- email: [email protected];
- Telegram;
- Vkontakte: vk.com/cryptolocatornews;
- Facebook: facebook.com/cryptolocator.
Is Cryptolocator a scam?
Cryptolocator – platform, which appeared in 2017. For two years the service has become quite popular among users not only in the CIS countries, but also in other countries, as evidenced by the multilingual interface. The service tries to provide its clients with favorable conditions. Users can buy, sell or exchange some of the most popular cryptocurrencies – BTC, USDT and ETH. All work is done through a website with a simple and clear interface. Even a beginner will quickly understand the basic functionality of the project, as you can find a manual with detailed instructions on the site. For convenience, you can synchronize your profile with a Telegram bot or mobile app.
The platform allows fast transactions and charges a small commission for its services. Even users who have not been verified can trade. However, to increase the limit, you will still need to confirm your identity. For active users who want to earn extra income, a referral program was developed and launched a couple of months ago. Thus, a client can receive up to 50% of commission. In order to provide users with constant access to the platform, a mobile application was created. Both Android and iOS versions are available. Although the service has been in existence for less than two years, you can already find a considerable amount of feedback from customers on the Internet. In general, the platform has a positive reputation and most users are satisfied with the terms of cooperation. Having analyzed the opportunities that the platform has implemented, can we say that Cryptolocator service is a scam? No, because the organization has been successfully providing its services to customers for almost two years and works in accordance with the legislation of Estonia.
Conclusion
Cryptolocator is a young but actively developing platform where users can buy, sell and exchange cryptocurrency. Having appeared in 2017, the service has managed to win the trust of customers and become quite popular not only in the CIS countries, but also in other parts of the world. The company provides comfortable and safe conditions for cooperation.
Now the platform looks good among competitors, however it has its shortcomings. If you were or are a customer of Cryptolocator, leave your impressions about the service on our website to form an independent rating of cryptocurrency platforms.
Reviews
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Rate your review 000The company website is not working
The website of this company no longer works, here is a link to the actual rating of crypto exchanges – https://eto-razvod.ru/crypto-currency-stock-exchange/.
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Rate your review 000The service for exchanging crypto for fiat is excellent!
On service Cryptolocator to exchange fiat to crypto super, back there are difficulties!
Well and technical support on zero….
I have a letter where he is asking for money from another service. (I made a screenshot for another site, I wonder if he will chicken out or leave a review.Positive- Exchange crypto to fiat
Minuses- Exchange fiat for crypto
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Rate your review 000Not providing hash of transaction. Made "withdrew"...
Not providing hash of transaction. Made "withdrew" bitcoins, 2 hours later the transaction is not in the network. Support is silent.
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Rate your review 000I do not advise to use the...
I do not advise to use the Exchange, put the bits on the profile, when I wanted to withdraw them from the profile blocked transaction with the bits. I write to support for 3 days, no one helps, apparently I was left without the bits. Kryptlokator scammers!
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Rate your review 000There are also problems on Cryptolocator Exchange...
There are also problems on Cryptolocator Exchange with the seller Freelanser. I’m waiting for a response from support.
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Rate your review 000Continuation and conclusion. 7:30 p.m. June 18
Continuation and conclusion.
7:30 p.m. June 18.
Support requested transaction details, after that
Unfroze and sent Bitcoins!!!No problems with Cryptolocator Exchange until this day,
Came across an inadequate seller, do not contact Freelanser,Basically, support intervened and helped.
Thanks… Read more
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Rate your review 00019:00 June 18, 7 hours have passed
19:00 June 18, 7 hours have passed,
Seller has the money.
No Bitcoins….
Support is sorting it out…Here’s more from the seller’s chat lexicon
“06/18/2020 10:44:07
Freelanser
Cut off
06/18/2020 10:43:56
Freelanser
What are you laiba talking about?” -
Rate your review 000Seller Freelancer https://cryptolocator.com/en/profile/Freelanser accepted the transfer on...
Seller Freelancer
https://cryptolocator.com/en/profile/Freelanseraccepted the transfer on June 18,
Bitcoins are not returned.Sends a swear word openly “06/18/2020 10:53:07
Freelanser
Stupid motherfucker!”There’s a support note, but it’s silent for now!
If nothing happens within a day – I’ll make… Read more
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Rate your review 000Trust platform!
Trust platform!
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Rate your review 000It's a great resource, and the cell...
It’s a great resource, and the cell phone is awesome!
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Rate your review 000The ui/us interface is really the coolest...
The ui/us interface is really the coolest of all. I made money from their drawings on social networks) social networks are alive unlike their competitors, it’s nice)
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