Cryptopay Review 2026
Learn more about TU’s methodology
- $10
- Web platform
- Mobile application
- 20 out of 37 cryptocurrencies cannot be sold to other traders or withdrawn, they can only be bought and then exchanged for other coins
Our Evaluation of Cryptopay
Learn more about TU’s methodology
Cryptopay is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.64 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Cryptopay 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.
Cryptopay is an exchange with a wide range of digital assets and a proper level of security, but with high trading commissions and additional withdrawal fees.
How we tested Cryptopay
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Cryptopay
Cryptopay is an online cryptocurrency exchange headquartered in London and registered with the Financial Conduct Authority (FCA). It has provided services since 2013, has its own CPAY token, and is currently available in 122 countries. Using the Cryptopay mobile app and web platform, you can buy, exchange, withdraw and store 37 cryptocurrencies. The Cryptopay exchange takes deposits in euros, US dollars, and pounds sterling, and also supports withdrawals in fiat currencies. It issues virtual and plastic Cryptopay Visa cards that can be used to pay online (including cryptocurrencies) or at physical sales outlets.
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- Activities are under the supervision of the British regulator FCA;
- loyal requirements for the minimum deposit are 10 US dollars, pounds sterling, or euros when replenishing from a card;
- a wide range of instruments include Bitcoin + 36 altcoins;
- storage of crypto assets on hot and cold wallets;
- the ability to connect two-factor authentication for secure entry into the trading application;
- protection against phishing and brute force using multi-signature technology;
- professional support service in 7 languages and 24/7 chatbot.
- high exchange fees for trading and exchange;
- withdrawal commission for both fiat and cryptocurrencies;
- lack of effective investment solutions and no ability to trade with leverage.
TU Expert Verdict
Chief Analytics Officer
Cryptopay is a cryptocurrency exchange based in London that provides access to trading 37 cryptocurrencies through a web platform and mobile app, with the ability to buy, exchange, withdraw, and store digital assets. The exchange is regulated by the UK Financial Conduct Authority, offers multi-signature protection, hot and cold wallet storage, and supports deposits in USD, EUR, and GBP. Users benefit from a low minimum deposit of $10, two-factor authentication, and the option to obtain Cryptopay Visa cards for spending both fiat and crypto holdings.
Drawbacks include high commissions for trading and exchanging assets, additional withdrawal fees for both fiat and cryptocurrencies, and the fact that 20 out of 37 supported coins cannot be sold to other users or withdrawn. There is also no leverage, no P2P trading, and no passive investment tools such as staking or yield farming. Cryptopay may not be suitable for active traders seeking low fees, a broad asset selection, or advanced earning tools. It is best considered by users based in Europe who prioritize security, FCA regulation, and simple crypto spending.
- You're based in Europe, as Cryptopay primarily serves European users, providing support for EUR, GBP, and soon USD, in addition to offering access to over 35 cryptocurrencies. Further, Cryptopay offers convenient access to both fiat and cryptocurrencies for Europe-based users.
- You want to spend crypto directly, as Cryptopay's upcoming Visa card, currently in beta testing, will enable users to spend their crypto holdings anywhere Visa is accepted. This feature provides added flexibility and convenience for users looking to utilize their cryptocurrencies for everyday purchases.
- You're looking for low fees, as Cryptopay's fee structure includes a 4% charge for buying crypto and a 1% fee for exchanging currencies.
- You require access to cryptocurrency services outside of Europe or need global reach for your transactions. In that case, Cryptopay may not meet your needs due to its regional focus.
Cryptopay Summary
| 💻 Trading platform: | Web platform on the site, mobile applications (Android and iOS) |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | EUR, USD, GBP, cryptocurrencies |
| 💵 Deposit / Withdrawal: | Cards (Visa, Visa Delta, Visa Electron, MasterCard, MasterCard Debit, Cryptopay), PayPal, bank transfer, crypto |
| 🚀 Minimum deposit: | Cryptopay cards - USD/GBP1, Visa/MasterCard - EUR/USD/GBP10, bank transfer - 10 euros, cryptos - BTC/LTC/ETH 0.00000001, XRP 0.000001 |
| ⚖️ Leverage: | Not provided |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Spot: 0%-0% |
| 🔧 Instruments: | 4 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: | 20 out of 37 cryptocurrencies cannot be sold to other traders or withdrawn, they can only be bought and then exchanged for other coins |
| 🎁 Contests and bonuses: | Yes |
Cryptopay supports over 30 cryptocurrencies. They can be bought directly from debit and credit cards, sold to other clients of the exchange, and also exchanged for fiat currencies.
Cryptopay Key Parameters Evaluation
Regulation and Safety
Cryptopay has earned a rating of 9.75/10, demonstrating strong security and regulatory compliance. This score suggests that the exchange is generally reliable and offers a solid level of protection for users.
- 2FA
- Government-regulated
- Tier-1 regulation
- Cold wallet storage
- No successful hacks history
- No facial recognition
- No investor protection fund
- Not U.S regulated
Cryptopay Security Factors
We also compared Cryptopay against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Cryptopay | Kraken | Coinbase | |
| Tier-1 regulation | Yes | Yes | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | No | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | Yes |
Is Cryptopay a regulated crypto exchange?
Cryptopay is regulated by a Tier-1 financial authority (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or another jurisdictions with strict financial oversight). This ensures strong investor protection, compliance with stringent operational standards, and enhanced security for users trading on the platform.
Cryptopay is authorized or licensed in accordance with local regulations in the following regions: Lithuania.
Is verification (KYC) mandatory at Cryptopay?
Yes, KYC verification is mandatory at Cryptopay. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is Cryptopay available in the USA?
Cryptopay is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, Coinbase, OKX .
Cryptopay commissions and fees
Cryptopay received a 7/10 score for its trading fees. While Cryptopay is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Spot fee below industry average
- Deposit fee may be applied
What are Cryptopay trading fees?
We analyzed Cryptopay’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Cryptopay trading fees vs competitors
| Cryptopay | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0 | 0.22 | 0.2 | 0.194 |
What are Cryptopay deposit and withdrawal fees?
| Deposit fee, % | 1 |
| Withdrawal fee, % | 0.0005 BTC 0.01 ETH 1% - Fiat |
Does Cryptopay offer P2P trading?
No, Cryptopay does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and Withdrawal
Cryptopay received a 5.5/10 rating for its deposit and withdrawal services. While Cryptopay covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- Bank cards accepted for instant deposits
- Many cryptocurrencies for deposits and withdrawals
- Bank transfers for deposits and withdrawals
- Deposit fees apply
- No PayPal option
Deposit and withdrawal options
Cryptopay supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto.
Cryptopay Deposit and withdrawal options vs competitors
| Cryptopay | Kraken | Coinbase | |
| Bank transfers | Yes | Yes | Yes |
| Bank card | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
What is Cryptopay minimum deposit?
The minimum deposit at Cryptopay is 10 USD/USDT or 1 BTC. The minimum trade size is 10 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Cryptopay minimum deposit vs competitors
| Cryptopay | Kraken | Coinbase | |
| Minimum deposit, USD or USDT | 10 | 10 | 10 |
| Minimum deposit, BTC | 1 | 1 | 1 |
| Minimum trade amount, USD/USDT | 10 | 1 | 2 |
Does Cryptopay support fiat money?
Cryptopay supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Cryptopay received a score of 2/10 in this category, indicating a modest offering of assets and markets. While Cryptopay covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Fiat currencies supported
- Other supported products
- Copy trading not available
- Staking not available
Cryptopay supported coins and markets vs competitors
We compared Cryptopay with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| Cryptopay | Kraken | Coinbase | |
| Supported coins | 4 | 278 | 249 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | No |
| NFTs | No | Yes | Yes |
Cryptopay passive income options vs competitors
We also compared Cryptopay with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Contacts
| Foundation date | 2013 |
|---|---|
| Registration address | 8 Devonshire Square, Spitalfields, London, EC2M 4PL |
| Official site | https://cryptopay.me/ |
| Contacts |
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