Crex24 Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- TradingView
- Tons of cryptocurrencies and tokens, five fiat currencies, high trading volumes, proprietary CREX token offers financial advantages, additional functionality to get coins, no investment solutions
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- TradingView
- Tons of cryptocurrencies and tokens, five fiat currencies, high trading volumes, proprietary CREX token offers financial advantages, additional functionality to get coins, no investment solutions
Our Evaluation of Crex24
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Crex24 is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.26 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Crex24 clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Crex24 cryptocurrency exchange provides favorable cooperation conditions for beginners and experienced traders. Trading commissions at the start are lower than the market average, reduced due to the increased volume of trades and payment by the CREX token. The trading terminal is convenient and functional, and there is an application for mobile trading, but only on Android. The site has the highest level of protection of user data and funds. Because of its low limits, the minimum deposit is only $1. There are no restrictions on trading strategies, and the platform works steadily, no failures or screw-ups were detected. The exchange allows you to withdraw tokens to the international market. It is not suitable for professional investors, as there is no possibility to earn passively on cryptocurrency deposits.
Brief Look at Crex24
The Crex24 crypto exchange is a multilateral platform where Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Monero, and dozens of other cryptocurrencies and tokens are available for trading. The US dollar, euro, Japanese yen, and Chinese yuan are available from fiat currencies. Trading is done through a browser-reliant terminal based on TradingView, and there is a mobile application for Android. The exchange has low commissions, which can be further reduced by paying for them with a CREX token. The platform has implemented a standard referral program, and there are no investment solutions or demo accounts. Training is presented by a typical FAQs section, and there is an API. The pool of assets is replenished by an open listing. Part of the user's funds are kept cold, and the exchange has an advanced security system. There are many options for deposit and withdrawal of funds with small commissions.
- loads of cryptocurrencies and tokens (the list is constantly replenished) and large trading volumes;
- the exchange has its own token called CREX, which provides a discount on trading commissions;
- low commissions, their size depends on the pair traded and the total volume of trading during the previous 30 days;
- no commission for depositing cryptocurrency funds and no additional fees, exchange operation is 100% transparent;
- SSL certificate, protection from DDoS attacks, 2FA authentication, and other security measures;
- Easy-to-use trading terminal with extensive functionality for technical analysis;
- “Cranes" function for free coins, regular contests with real prizes;
- the exchange officially operates under the financial legislation of Cyprus.
- no investment solutions are offered;
- withdrawal of funds takes up to three days;
- absence of app for iOS.
TU Expert Advice
Financial expert and analyst at Traders Union
The Crex24 cryptocurrency exchange was launched in 2017. The servers are located in Estonia, but the physical headquarters of the company is located in Cyprus. It is subject to the financial legislation of Cyprus. The site operates transparently, and all legal documents are freely available on the site. No evidence of fraud has been recorded, and there are no unresolved conflicts with clients.
In terms of functionality, the exchange is typical of leading competitors. The TradingView terminal is in the browser and has extended technical analysis capabilities, such as extra indicators and customization functions. An adaptive mobile application is offered, for now only on Android. Deals are made quickly, but the withdrawal of funds from the site can take a long time, which is due to the site’s multi-level security system.
Registration and verification are standard, and part of clients’ funds on the exchange are kept in cold storage, which protects funds, transfers, and personal data from unlawful access. On the technical part, there are no criticisms of the work of the exchange. Crex24’s commissions and system of fees are more complex than its competitors, but the final commissions in most cases are lower than the market average.
The site has many additional functions that greatly expand its ecosystem. Relative disadvantages are there are no demo accounts, no detailed training, and no full-fledged investment solutions. Crex24 works stably, no failures have been recorded, and the financial conditions are comfortable.
Crex24 Summary
| 💻 Trading platform: | Proprietary TradingView platform |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies, US dollars, Euro, Russian ruble, Japanese yen, Chinese yuan |
| 💵 Replenishment / Withdrawal: | Bank cards and accounts, electronic and cryptocurrencies |
| 🚀 Minimum deposit: | 1 USD |
| ⚖️ Leverage: | 1:1 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Market |
| 🔧 Instruments: | Cryptos, fiat currencies |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Not indicated |
| ⭐ Trading features: | Tons of cryptocurrencies and tokens, five fiat currencies, high trading volumes, proprietary CREX token offers financial advantages, additional functionality to get coins, no investment solutions |
| 🎁 Contests and bonuses: | Yes |
To start trading on the Crex24 crypto exchange, the user needs to register and be verified (confirm personal details). After that, he gets full access to the functionality of the site, but will not be able to trade until he makes a deposit. The minimum deposit is 1 USD or the equivalent in another currency/cryptocurrency. All major deposit and withdrawal channels are available. The exchange client trades relying only on his own funds and independently regulating his financial policy. Crex24 does not provide leverage or other opportunities to increase profits (excluding games and bonuses). Contact with technical support is made through email or by filling out a form on the site (the answer, in this case, will also come via email).
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Commissions & Fees
For instance, for the 2X2/BTC pair, the base currency is 2X2 and the quoted currency is Bitcoin. Commissions are equal for taker and maker, calculated based on trading level, which is determined by the trading volume in BTC. At the first trading level (with zero trading volume) the commission is 0.2%. On the fifth level (with 50 BTC traded during the last 30 days) fees decrease to 0.12%. For the majority of pairs, the commission is even lower, but for some pairs, the maximum amount may reach 0.5%. There is a reduction in trading commissions due to their redemption by the CREX token, the conditions can be found in the corresponding section of the crypto exchange website.
| Account type | Commission (minimum value) | Withdrawal commission |
|---|---|---|
| Standard | Up to 0.5% per order | Yes |
The platform does not charge input fees (but they may be charged by the input channels used by the exchange client), except for fiat currencies. The withdrawal fee does not depend on the amount withdrawn, it is determined only by the asset. For example, the commission for Bitcoin is ₿0.0008. And the commission for Ethereum is Ξ0.014. The amount of the fee for each asset can be viewed in the Commissions section.
| Broker | Average commission | Level |
|---|---|---|
|
$0.5 | |
|
$20 | |
|
$0.1 |
Investment Programs, Available Markets, and Products of the Crypto Exchange
The platform does not offer investment solutions. Owners of their coins can take advantage of a free listing, the exchange supports cooperation with emerging blockchain projects. However, this is not implemented in the form of staking or alternative programs that other crypto exchanges sometimes introduce. Customers can earn through active trading, a referral program, and through additional features (e.g., the "Cranes" feature).
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Crex24’s affiliate program:
Every verified exchange client can invite other users to the site and receive payments for it. He should go to the affiliate program page and generate a personal link there. It can be sent by personal messages and posted publicly. Everybody who will follow this link and register at the exchange will become a partner (referee) of the owner of the link.
Data on referrals is displayed in the appropriate section of the trader’s personal cabinet. The referral has to register and be verified, after which he gets full access to the site’s functionality and can trade. Subsequently, 25% of the commission on each completed trade of the referee will be transferred to the exchange client, who invited him to the site.
The owner of the links gets an additional 0.25% of the amount of bets made by his referee in games and contests. Each exchange client can have an unlimited number of referees. They bring him financial bonuses for as long as they trade on the site.
User Satisfaction