20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.
CrossTower Review 2024
Minimum
deposit:
deposit:
- $1
Trading platform:
- TradingView
Minimum
deposit:
deposit:
- $1
Trading platform:
- TradingView
Trading features:
- Only the most popular cryptocurrencies, no fiat, zero commissions for the taker, negative commissions for some pairs, unlimited referral program, no investment, and high-quality training materials are offered
Summary of CrossTower Crypto Exchange
CrossTower is a high-risk cryptocurrency exchange with the TU Overall Score of 2.3 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by CrossTower clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. CrossTower ranks 118 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.
The CrossTower crypto exchange provides favorable competitive conditions for beginners and experienced traders without regional restrictions. The main advantages of the exchange are the nonexistence of commissions for the taker in most cases and the commissions for the maker are much lower than the market average. The platform is characterized as stable and well protected. There is 2FA authentication, and you can connect using facial recognition. The exchange stores part of its funds via the cold method; and innovative security protocols with multi-level encryption are employed. There are few assets, but they are all the main ones. This exchange is not suitable for investors, as it does not offer passive earning options, except for the referral program. A key advantage is the free multicurrency wallet that you can use to deposit and withdraw funds.
NOTE!
If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.
Traders Union experts recommend considering Top 3 companies from our rating:
Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative,
in accordance with the
Users Reviews Policy.
CrossTower is a progressive American crypto exchange with a branch in India that offers zero taker fees. Maker commissions are up to 0.05% of the trade amount. The most popular cryptocurrencies and tokens are traded on the platform, including Bitcoin (₿), Ethereum (Ξ), Tether (₮), USDC, SUSHI, AAVE, and others. For advanced traders, there is a crypto trading API. The exchange offers a range of solutions for corporate clients. The referral program brings 25% of the commissions paid by the invited users. There are no other investment solutions. All clients are provided with a free multicurrency wallet that you can use for deposits and withdrawals via most modern methods, including direct transfers from VISA and MC cards. The exchange has a standard trading terminal in the browser and its own mobile trading application, which is rated as intuitive, secure, and functional.
| 💰 Account currency: | Cryptocurrencies |
|---|---|
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | No |
| 💱 Spread: | Market |
| 🔧 Instruments: | Cryptocurrencies |
| 💹 Margin Call / Stop Out: | No |
👍 Advantages of trading with CrossTower:
- the most popular cryptocurrencies and tokens are available for trading;
- private taker commission is 0% for all trading pairs but when trading through the API, there’s a fixed commission of 0.06%;
- maker's commission no more than 0.05%;
- no minimum deposit and no restrictions on trading strategies;
- free multicurrency wallet with fast deposit and withdrawal of funds;
- specialized solutions for corporate accounts;
- proprietary training system for novice traders;
- easy-to-learn built-in TradingView terminal;
- profitable referral program pays 25% of the referee’s commissions.
👎 Disadvantages of CrossTower:
- no investment solutions;
- not possible to trade fiat;
- communication with technical support is only via email.
Evaluation of the most influential parameters of CrossTower
Geographic Distribution of CrossTower Traders
Popularity in
79.5%
IN
24.5%
Others
User Satisfaction i
19 comments
Total score:
Share your experience
- Best
- Last
- Oldest
christavs69
1 year ago
RicardoDasp
1 year ago
AlieeZaidi
2 years ago
isbakri
2 years ago
tpsingh
2 years ago
imran2014
2 years ago
para786
2 years ago
Expert Review of CrossTower
The CrossTower exchange was launched in 2019, and advanced functionality was introduced in 2020. The platform operates based on the US legal framework, headquartered in New Jersey, a branch in India has been opened, which is subject to local legislation. The exchange operates transparently; no facts of fraud or default on obligations to customers have been revealed.
CrossTower uses both reliable, proven solutions and the latest authoring developments. For example, it has a typical TradingView trading terminal, but its own optimization tweaks, which significantly improved the speed and stability of the original terminal. The company has its own API and institutional projects, as well as solutions for protecting user funds and data, which act as a guarantee of security and reliability.
The exchange does not have very many pairs to trade, but present are the most popular ones, including pairs with Bitcoin and Ethereum. Trading levels are relevant only for makers, and for them the commission is in the range from 0.05% to 0.01%, depending on the trading volume. For takers, commissions are most often zero, but for some pairs, the commissions are a minus (the exception is if trading is carried out through the API, then commissions are charged). All this makes the trading conditions of the exchange one of the most profitable in the world market.
There are many solutions for corporate clients, possibly an official partnership. The referral program for private traders is standard, payments are 25% of referral commissions, which is the average for the segment. In this aspect, the exchange is competitive, at the top level.
During the testing of the platform, experts did not discover any technical vulnerabilities or bugs. No critical flaws were found either. According to user reviews, the most often perceived disadvantages are the lack of investment solutions, as well as demo accounts for beginners. But at the same time, the CrossTower exchange has an objectively low entry threshold, plus good training guides. Therefore, Traders Union experts cannot identify the indicated points as real shortcomings.
Dynamics of CrossTower’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets, and Products of the Crypto Exchange
The crypto exchange does not offer investment solutions to its clients. Platform users can earn only by buying and selling cryptocurrencies and coins. The only alternative for passive earnings is the referral program. Many experts note that investment may soon be introduced on the platform in a staking format. This opinion is because the exchange is young, it is actively developing and is constantly introducing new functionality.
Important!
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.
CrossTower’s affiliate program
The CrossTower exchange has implemented a standard referral program. It is available to all verified users. To participate in the program, the exchange client needs to go to his personal account on the website, then to the "Referrals" tab. Next, click on the "Create a referral link" button. The client of the exchange can share the received link with other internet users through any channel with no restrictions.
Each user who follows the link, registers, is verified on the exchange website, and starts trading, will become a referral to the owner of the link. From now on, he will bring the owner 25% of his commissions on all trades. The referral status is unlimited, that is, the referral makes a profit for the owner as long as he trades on the platform (while his account remains active).
The referral program is not only continuing but also unlimited. Each client of the exchange can have any number of referrals. Regardless of the cryptocurrencies in which referrals make trades, payments will be made to the wallet of the link owner in USDC. Payments are permanent, but they amount to at least $10 per transfer. The generated referral link is valid for 6 months, after which you need to generate and distribute a new link.
Trading Conditions for CrossTower Users
To start trading on the CrossTower crypto exchange, you need to go through the registration and verification procedure. The exchange does not charge any fees for using the functionality. After verification (data confirmation), the client makes the first deposit and starts trading. The minimum amount of the deposit has not been established, the exchange client himself determines his financial policy, focusing on the chosen trading strategies and the market situation. The exchange does not provide leverage, so traders must rely solely on their own capital. Technical support works without breaks and weekends, but it cannot be called operational, since the interaction takes place through the ticket system on the site or directly by email (the address is indicated in the "Contact us" section). The exchange does not have a call center.
$1
Minimum
deposit
1:1
Leverage
24/7
Support
| 💻 Trading platform: | TradingView, in browser |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies |
| 💵 Replenishment / Withdrawal: | Bank cards and accounts, electronic and cryptocurrency wallets |
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | No |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | From 0 |
| 💱 Spread: | Market |
| 🔧 Instruments: | Cryptocurrencies |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | No data |
| ⭐ Trading features: | Only the most popular cryptocurrencies, no fiat, zero commissions for the taker, negative commissions for some pairs, unlimited referral program, no investment, and high-quality training materials are offered |
| 🎁 Contests and bonuses: | No, except for the Traders Union rebates |
Broker comparison table of trading instruments
| CrossTower | Bybit | OKX | XT.com | Bitfinex | Poloniex | |
| Forex | No | No | No | No | No | No |
| Metalls | No | No | No | No | No | No |
| Crypto | Yes | Yes | Yes | Yes | Yes | Yes |
| CFD | No | No | No | No | No | No |
| Indexes | No | No | No | No | No | No |
| Stock | No | No | No | No | No | No |
| ETF | No | No | No | No | No | No |
| Options | No | No | No | No | No | No |
CrossTower Commissions & Fees
Information
Exchange commissions differ for a maker, private taker, API taker, and institutional traders. For a maker, the commission depends on the trader's trading level, which is determined by the trading volume:
-
BTC <30 it’s 0.05%;
-
BTC 30-100 it’s 0.03%;
-
BTC >100 it’s 0.01%.
For a private taker, all commissions are 0.0%, regardless of the assets involved in the trade and the total trading volume. For takers using the API and institutional takers, the commissions are 0.06%; and they also do not depend on third-party factors.
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard | Up to 0.05 % per order | Yes |
In the "Trading commissions" section of the site, there are several pairs that belong to the TR (Taker Rebate) category. For them, the commissions differ because they are always equal to 0.05% for the maker and -0.1% for the taker. That is, the exchange pays extra for the taker. This is true for all takers, including API and institutional ones.
There are no deposit fees, but there are withdrawal fees. Their size and current limits can be specified in the "Trade" section. Fees and limits are different for each asset.
| Broker | Average commission | Level |
| CrossTower | $0.5 | Medium |
| Bybit | $20 | High |
| Bitfinex | $0.1 | Low |
Contacts
| Foundation date | 2018 |
| Registration address | 15 Exchange Place, Jersey City, NJ 07302, United States |
| Official site | https://crosstower.com/ |
| Contacts |
Email:
hello@crosstower.com support@crosstower.com, |
Read also about other cryptocurrency exchanges:
Articles that may help you
For Beginners
For Beginners
For Beginners
For Beginners
For Beginners
For Beginners
For Beginners
For Beginners
For Beginners
FAQs
Do reviews by traders influence the CrossTower rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about CrossTower you need to go to the broker's profile.
How to leave a review about CrossTower on the Traders Union website?
To leave a review about CrossTower, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about CrossTower on a non-Traders Union client?
Anyone can leave feedback about CrossTower on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
Traders Union Recommends: Choose the Best!
Open an account
Your capital is at risk.
Open an account
Your capital is at risk.
Open an account
Your capital is at risk.