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Bandung
3 Level
52 Review
66.25 Karma

Review on Crex24 by Ayu Anggraini

Revainrating 2 out of 5

Crex24 exchange, is it safe to use?

Crex24. This exchange has very little to zero information either from the founding team and other details! There is no transparency about who is the owner and whether this exchange is regulated or not. You must be careful.

On the other hand we will discuss about its interface which is very helpful for traders and similar to the interface owned by HitBC exchange. Starting from the graphics, market list, order books, recent trades are all complete and currently trading is still operating.

My experience using crex24 is not impressive. They ask KYC to withdraw and the contents of KYC are almost impossible to pass. I think this is just a trick to make investor funds stuck in this exchange so you have to be careful.

KYC contains 6 tiring steps. And even though I provided the requested information, my KYC was always rejected.

I was afraid and intend to withdraw all my money. Strangely, when I make a withdrawal in the form of a doge coin, they approve the withdrawal. Even though the FAQ clearly says that to withdraw crypto you must complete KYC.

In terms of the alt coins list, this exchange is very attractive to traders because it offers a variety of coins that don't exist in other exchanges and a lot of volatility ! At this moment crex24 has $3,844,947 USD trading volume in the last 24 hours



Options for making deposits also vary, starting from credit cards, web money, Wiwi, skrill, debit card, to Payeer, perfect money, epay,neteller etc which is impressive!

Trading options with multiple currencies are also provided here such as; RUB, JPY, USD, EUR and many more. But I will not take the risk by putting my money on a platform that is not clearly regulated and has a very difficult KYC process.

Many reviews from traders find their accounts locked and cannot withdraw money because they do not pass through KYC. If the exchange can be more transparent about their team and people behind , i think it Will be better way to earn the trust of investor.



Pros
  • This exchange has a various altcoin like yobit!
  • Low Rates of fee for trading maker and takers, low fees as well to list crypto currency
Cons
  • Almost impossible to pass KYC
  • Anonymous centralized exchange