Icrypex Review 2026
Learn more about TU’s methodology
- is any amount
- Mobile application
- TradingView
- Many popular cryptocurrencies and coins are available
- TRY is the only fiat currency
- Fees are below market average
- The exchange provides trading on OTC markets, converter, and the balanced trading portfolio service
- Staking and farming are available
- Investment and education are provided.
Our Evaluation of ICRYPEX
Learn more about TU’s methodology
ICRYPEX is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.25 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by ICRYPEX 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.
Icrypex is a crypto exchange with many functions. Both professional and novice traders use its services. They can use a free cold wallet and trade comfortably with deep risk diversification. Takers’ and makers’ fees are reasonable, 0.35% and 0.25% at the start respectively, and they are reduced when trading volumes increase.
How we tested ICRYPEX
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 ICRYPEX
Icrypex is a Turkish crypto exchange that offers over 220 cryptocurrency pairs, including mixed pairs with TRY. Traders can work on spot and over-the-counter (OTC) markets. The built-in converter allows traders to exchange fiat currencies into any of the available digital assets, including the exchange's proprietary ICPX token, within several seconds. Icrypex provides a browser platform and a mobile app for devices running on Android and iOS. Minimum takers’ fees are 0.02%, and the makers’ is 0.01%. Deposits and withdrawals are made in all available cryptocurrencies and Turkish lira without exchange fees. Cryptocurrency transfers always imply blockchain fees. Passive income options include staking, farming, and a three-level partnership program.
We've identified your country as
US
We have thoroughly analyzed all companies legally providing trading services in your country and created a ranking of the best ones. Our analysis highlights companies that offer optimal working conditions, uphold a strong reputation, and consistently receive the highest number of positive reviews from traders on our website.
Explore the 5 top-rated companies in
US :
- All popular cryptocurrencies paired with USDT and TRY are available. New assets are constantly added to the exchange;
- Trading fees are below market average and there are no withdrawal fees;
- The trading platform is as simple and intuitive as possible. Icrypex also offers an innovative mobile app;
- Unlimited referral program with payouts up to 20% is available for every user;
- Profits from staking are up to 22.5% per annum and are up to 14% on ICPX; farming brings up to 7.10% subject to the token pool;
- Advanced fund and data protection, including cold wallets, two-factor authentication, etc., are provided;
- 24/7 technical support is available via all main communication channels;
- The exchange offers a blog comprising articles, daily newsletters, guides on crypto assets, etc.
- Cryptocurrencies can be bought only using Turkish lira;
- Many additional services are currently developing and are not comprehensively implemented.
TU Expert Verdict
Chief Analytics Officer
ICRYPEX provides access to trading over 220 cryptocurrency pairs, including pairs with Turkish lira and USDT, through its browser platform based on TradingView and its mobile application for iOS and Android. The exchange supports spot and OTC trading, offers staking and some passive income products, and allows deposits and withdrawals in both cryptocurrencies and TRY. Trading fees are tiered and can be reduced as monthly trade volume increases, and advanced security measures such as two-factor authentication and cold wallet storage are implemented. ICRYPEX holds authorization in Lithuania, Poland, and Bulgaria, with KYC verification required for full platform access.
However, a notable drawback is that TRY is the only fiat currency supported for buying cryptocurrencies, which significantly limits options for users outside Turkey. Additional disadvantages include the absence of crypto derivatives and limited deposit or withdrawal methods, as bank transfers are available only to Turkish banks and card payments are not supported. Due to these constraints, ICRYPEX may not be suitable for those seeking a wide choice of fiat options, advanced products, or global payment flexibility, but it could be considered by users comfortable with TRY settlement and fundamentals-focused spot trading.
ICRYPEX Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Browser platform based on TradingView and mobile app for iOS and Android |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies and TRY |
| 💵 Deposit / Withdrawal: | Bank transfers and crypto wallets |
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | No |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | No |
| 💱 Commission: | Spot: 0.25%-0.35% |
| 🔧 Instruments: | 155 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | No |
| ⭐ Trading features: |
Many popular cryptocurrencies and coins are available; TRY is the only fiat currency; Fees are below market average; The exchange provides trading on OTC markets, converter, and the balanced trading portfolio service; Staking and farming are available; Investment and education are provided. |
| 🎁 Contests and bonuses: | Yes |
To start trading with Icrypex, register on its website. You can pass verification later, but it’s better to do it at once, as otherwise there are certain trading restrictions and you can’t withdraw cryptos. There are no minimum or maximum deposits, so traders can fund their accounts with any appropriate amounts. Leverage is not available, so traders must use their own funds. Technical support operates 24/7 and can be contacted via telephone, email, live chat, or tickets on the website. All communication channels are provided in the Contact us section.
ICRYPEX Key Parameters Evaluation
Regulation and Safety
ICRYPEX 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.
- Cold wallet storage
- Tier-1 regulation
- 2FA
- Government-regulated
- No successful hacks history
- No investor protection fund
- Not U.S regulated
- No facial recognition
ICRYPEX Security Factors
We also compared ICRYPEX against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| ICRYPEX | 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 ICRYPEX a regulated crypto exchange?
ICRYPEX 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.
ICRYPEX is authorized or licensed in accordance with local regulations in the following regions: Lithuania, Poland, Bulgaria.
Is verification (KYC) mandatory at ICRYPEX?
Yes, KYC verification is mandatory at ICRYPEX. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is ICRYPEX available in the USA?
Yes, ICRYPEX is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
ICRYPEX commissions and fees
ICRYPEX received a 4.9/10 score for its commission structure, indicating that its fees are higher than the market average based on an evaluation of over 100 cryptocurrency exchanges.
- No deposit fee
- Spot fee above industry average
What are ICRYPEX trading fees?
We analyzed ICRYPEX’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.
ICRYPEX trading fees vs competitors
| ICRYPEX | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0.25 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.35 | 0.22 | 0.2 | 0.194 |
What are ICRYPEX deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0.0004 BTC 0.008 ETH |
Does ICRYPEX offer P2P trading?
Yes, ICRYPEX offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.ICRYPEX P2P Fees
| ICRYPEX | MaiCoin MAX | BTSE | |
| P2P maker fee (%) | 0,25 | 0,1 | 0,01 |
| P2P taker fee (%) | 0,35 | 0,15 | 0,05 |
Deposit and Withdrawal
ICRYPEX received a 5/10 rating for its deposit and withdrawal services. While ICRYPEX covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- P2P for flexible transfers
- Many cryptocurrencies for deposits and withdrawals
- Bank transfers for deposits and withdrawals
- No deposit fees
- No Google Pay option
- No PayPal option
- Withdrawal fee applies
Deposit and withdrawal options
ICRYPEX supports the following deposit and withdrawal options: Bank transfers, Crypto.
ICRYPEX Deposit and withdrawal options vs competitors
| ICRYPEX | Kraken | Coinbase | |
| Bank transfers | Yes | Yes | Yes |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
What is ICRYPEX minimum deposit?
The minimum deposit at ICRYPEX is 10 USD/USDT or 5 BTC. The minimum trade size is 10 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
ICRYPEX minimum deposit vs competitors
| ICRYPEX | Kraken | Coinbase | |
| Minimum deposit, USD or USDT | 10 | 10 | 10 |
| Minimum deposit, BTC | 5 | 1 | 1 |
| Minimum trade amount, USD/USDT | 10 | 1 | 2 |
Does ICRYPEX support fiat money?
ICRYPEX supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
ICRYPEX received a score of 3.5/10 in this category, indicating a modest offering of assets and markets. While ICRYPEX 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
- Staking available
- Yield farming not available
- Copy trading not available
ICRYPEX supported coins and markets vs competitors
We compared ICRYPEX 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.
| ICRYPEX | Kraken | Coinbase | |
| Supported coins | 155 | 278 | 249 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | No |
| NFTs | No | Yes | Yes |
ICRYPEX passive income options vs competitors
We also compared ICRYPEX 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
| Registration address | Maslak Mah. Maslak Meydan Sok. Spring Giz Plaza N:5/57 34398 Sarıyer/İstanbul |
|---|---|
| Official site | https://www.icrypex.com/tr |
| Contacts |
8800 200 5122
|
Articles that may help you
Check out our reviews of other companies as well
