Cryptonator is a convenient, functional online service that is ideal for a…
Cryptonator is a convenient, functional online service that is ideal for a beginner as the first online wallet, as a service for buying/exchanging cryptocurrencies, or for storing amounts that are not significant for you.
Pros
1) Personally, I really like the idea of a Cryptonator. Minimalistic design, nothing more, all completely in Russian and online. Access to a personal multi-currency account is carried out around the clock, from anywhere in the world where there is Internet, both from a computer and from a smartphone.
2) the Service allows you to replenish a multi-currency online account in rubles or dollars, after which the user can instantly exchange Fiat currencies (the service supports: dollar, Euro, ruble, hryvnia) for cryptocurrencies.
3) Separate positive moment — support Ripple.
4) the exchange Rate is more profitable than in popular exchangers.
5) the Service maintains high safety standards. Encrypted SSL connection via HTTPS Protocol, two-factor authentication, trusted IP addresses. After registration, you must configure the security to the maximum.
6) Some exchanges (for example, Binance) do not replenish the account with Fiat currencies. With the help of a Cryptonator, you can make rubles to a multi-currency account, exchange it for a cryptocurrency and send it to a stock account. Similarly, you can make a withdrawal in the opposite direction.
7) the Interface is so intuitive, simple and convenient that I do not see the point to describe the registration procedure and the main working functions.
8) Referral program. By registering at this link and making exchange transactions in the amount of $ 1000 You will receive $ 10.
Cons
1) the Main disadvantage is that the Cryptonator stores private keys on its servers, (so do almost all online wallets). I don't expect a stranger will be able to get into your wallet and withdraw funds without your knowledge, if all levels of protection are configured. But the Cryptonator itself, if it suddenly ceases to exist or it is hacked, or it "pretends" that it was hacked (as some exchanges did), you will not be able to return the money. Your money is at the disposal of a Cryptonator that gives you access to your funds.
2) Cryptomator not registered in Russia as legal.a person, accordingly, no proceedings can be initiated, a Cryptonator outside the legal plane of Russia.
3) A lot of negative reviews on the forums, but you know, reviews can be paid.
4) from Time to time, there are problems with both Fiat input and output. However, these problems are always solved, but sometimes you have to wait.
5) the support service does not work Well, many complain that the answer has to wait more than two weeks, and sometimes the answer does not wait.