Cryptology Review: What is Cryptology and how does it operate?

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Overview

If you are new to crypto trading, you should not begin with big exchanges. Small exchanges are okay for a start. You will even learn from the few mistakes you will make in your initial exchanges. Besides, you will learn how the site you are trading on operates. You will know if it offers simplicity in crypto trading.

Indeed, a crypto exchange platform should offer ease of use. This is one of the critical factors to look for when finding the best crypto platform. You will learn the aspects that make a good platform for traders and investors alike regarding crypto trading platforms.

Cryptology is a crypto trading site that offers simplicity to its users. It is a crypto exchange platform for pro traders and even beginners. In this review, you will get to know the facts that make cryptology an easy-to-use site. All the factors that make it user-friendly are discussed here. Besides, you will explore the new features, registration process, verification, fees, making deposits and withdrawals, and much more.

What makes a great crypto trading site?

These are the factors that make the best crypto exchange platform;

1. Simplicity

If the site is easy to use, you can run the operations faster. Since speed is crucial in crypto exchanges, you will certainly opt for a site that offers fast loading and operations.

1. Low Fees

Every trader and investor does not like sites with high fees. A good crypto platform should charge low entry, rollover, and exit fees. Ideally, there should only be free deposits and withdrawals at a meager fee.

1. Supported Countries

It is painful to create your trading account, make your initial deposit, and try to access a particular promotion only to be notified that it is unavailable in your country. It is a joy for all traders and investors to find a crypto site that serves almost all countries. Ideally, a crypto trading platform that is available globally would be the best choice.

1. Leverage

It would be hard to crypto trade without leverage. It could be risky to use leverage, but it is worth it. Leverage allows traders to multiply their earnings.

1. Number of Pairs Available

Traders have different methodologies when it comes to analyzing markets. Some will go for the main currencies, while others opt to check all cryptocurrencies available. But sites with fewer pairs are still great.

1. Easy Withdrawal

A good trading site should offer a fast withdrawal for your earnings. Cryptos provide simplicity and speed in transactions. Thus, this should also be applicable when withdrawing your earnings.

Cryptology review: the crypto site with zero fees for futures trading

Cryptology is a crypto futures trading and crypto exchange site offering low fees and $100-worth of bonuses for new traders. Users of the site enjoy the 0% fess and bonus with 100X leverage.

Cryptology Earn, the newest feature

Cryptology is a new feature of the platform. It was added to help traders earn passive income. Users can effortlessly earn income from various cryptocurrencies. While using this new feature, users can invest via bank cards, monitor their earnings, and withdraw their money. Alternatively, users can re-invest the money they have earned from the cryptology Earn.

You can earn up to 8 percent and 15 percent per year if you invest Bitcoins and stablecoins such as USDC, DAI, or USDT, respectively. The good part about this new cryptology feature is that Deposits are made for free.

Signing up to Cryptology

Cryptology offers the simplest sign-up process. The process involves a sign-up form for filling in your names, surname, email address, and a unique password. You should also accept the site’s terms of service. Alternatively, you can register with your active Google account.

The account you create should be personal or institutional. The personal account caters to traders, while the institutional account allows users to make different deposits and withdrawals.

The Global Account allows users to deposit cryptocurrencies and fiat money through bank cards or even wire transfers.

However, the account enables withdrawals to the account that was used to make the deposits. On the other hand, the trading account allows users to deposit both fiat and cryptocurrencies but can only withdraw the cryptocurrencies.

New Account Authentication

You will be required to verify your account. You can achieve this by completing two verification steps employed by this site. The first step offers a limit of $10,000, while the second step averts any limits. The initial verification step requires users to upload a passport, national ID, and a selfie. The second step that removes the limits requires proof of address.

Cryptology’s Spot Exchange and Futures Trading

Both of these are very simple and instinctive. The spot exchange has the order book, history of your trade, a chart, and an order form for buying and selling. On the other side, the futures trading page offers similar features and allows users to opt for leverage.

Fees, Deposit, and Withdrawal options

The fees for trading at cryptology are 0.002 for takers and makers. However, other crypto trades charge fees according to the volume of the trade. Fiat deposits can be made via debit and credit cards at a 2.65 percent fee. The minimum deposits are $25, €20, and RUB 1000.

Traders from Brazil have varying deposit preferences ranging from 1.7 percent to about 3.6 percent for deposits starting from $1. EUR SEPA features 0.45 percent fees for deposits starting from €1, while wire transfers have zero fees for at least €25 or $25 deposits. It is worth noting that wire transfers are preserved for users that are fully verified.

Institutional accounts can only make withdrawals for fiat money. The minimum withdrawal is €50 at a €7 fee.

Countries Served by Cryptology

You should not be worried about the availability of cryptology if you are not from the US and Japan. This service is available globally except for the two mentioned countries.

Trade pairs

Futures

1. BTC/US
2. BTC/USD Perpetual
3. ETH/USD Perpetual
4. EOS/USD Perpetual
5. MKR/USD Perpetual
6. YFI/USD Perpetual
7. BCH/USD Perpetual
8. LTC/USD Perpetual
9. ZEC/USD Perpetual
10. SNX/USD Perpetual
11. TRX/USD Perpetual
12. XLM/USD Perpetual

Spot Exchange

1. BTC
2. ETH
3. XRP
4. XLM
5. BCH
6. LTC
7. ZEC
8. USDT
9. USDC
10. DAI
11. BAT
12. TRX

Accepted Fiat Money

1. US Dollars
2. Ruble
3. Euro

Cryptology Pros

These are the advantages of using cryptology for trading:

1. Reliable customer support with replies received in a short time.
2. Bonus-you can get a $100 bonus after making your first deposit of $100.
3. 0% fees for those trading in futures.
4. Futures trading gets up to 100X leverage.
5. Low minimum order-cryptology offers the lowest order size at $0.10.
6. The site is available in all countries except Japan and the US.

Cryptology Cons

1. The site lacks margin trading for the spot exchange.
2. Users cannot withdraw fiat money with a personal account.

Conclusion

You have learned why cryptology is the right cryptocurrency trading platform. You can join it today to enjoy low fees, reliable user support, cryptology earn, and trade from anywhere in the world.