Crex24 Trading Signals - TU Expert review

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Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of Crex24 trading signals. You will learn what kinds of trading signals Crex24 offers and what the conditions for using them are.

Short introduction of 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.

💰 Account currency: Cryptocurrencies, US dollars, Euro, Russian ruble, Japanese yen, Chinese yuan
🚀 Minimum deposit: 1 USD
⚖️ Leverage: 1:1
💱 Spread: Market
🔧 Instruments: Cryptos, fiat currencies
💹 Margin Call / Stop Out: No

Crex24 Pros and Cons

👍 Advantages of trading with Crex24:

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.

👎 Disadvantages of Crex24:

no investment solutions are offered;

withdrawal of funds takes up to three days;

absence of app for iOS.

What are trading signals?

Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.

A broker can provide signals in several ways:

  • Copy trading.

  • Email alerts.

  • Signals through a blog on the website.

  • Recommendations of a personal manager, etc.

When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.

Crex24 Trading Signals

Information

The Crex24 crypto exchange offers a non-standard system of commissions. Most platforms have fees that depend on the volume of trades or the amount of a particular asset in the client's account. At Crex24 the fee is determined not only by the trading level but also by the assets involved. That is, each trading pair has its individualized conditions and fees, which can be found listed in the Commissions section.
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 Spread (minimum value) Withdrawal commission
Standard Up to 0.5% per order Yes

Conclusion

Based on the results of the analysis, Traders Union analysts have concluded that Crex24 does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.

FAQs

Can trading signals depend on the account type?

Yes. As a rule, they are provided for certain account types, but may also be available for the standard account.

In which form can signals be provided?

Signals can be provided as copy trading, newsletters, alerts, blog articles, etc.

Can I reject a trading signal?

Yes, you can. However, if the signals are provided as a part of copy trading with automatic closing of positions, you need to monitor the platform.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Olga Shendetskaya
Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.