Investing in crypto has not always been straightforward, but with increasing user demands, more user friendly means of crypto trading are now opening up.
Less than three months ago, a new company, Cryptology, launched the first exchange that combines tokens and fiat transactions. Operating in both a web version and a mobile app, Cryptology may be perfectly suitable for those having little or no expert knowledge of crypto cobwebs.
The web version is comfortable to use and absolutely intuitive. All the trading operations are secure and easy to carry out both for experts and newbies. Verification is quick and not complicated with support team working on 24/7 basis to immediately handle any occurring issue.
Trading with a minimum order size of just 0.01 EUR is open with 100% secure and quick transactions. The withdrawal methods are enabled with crypto and fiat (SEPA bank transfers).
As for Cryptology’s mobile app, since downloaded from the Google Play Store or App Store, the steps forward are very simple and understandable. Minimalistic and user-friendly interface of the mobile version is a great additional advantage for those looking for easy navigation. Deposits can be made in any local currency which will be converted into USD/EUR supported by Cryptology.
The top crypto options are Bitcoin, Ethereum, Bitcoin Cash and Litecoin and there are also tokens tradeable to ETH. The number of tokens will hopefully expand soon, adding some extra attractiveness to the platform.
The user can deposit fiat straight from a bank account using Visa, MasterCard, bank transfer (SEPA) or crypto directly into the corresponding wallet. For fiat operations a basic identity verification with a document name (passport, driving licence, national ID), date of birth, address, and a document number are required.
Once the form is submitted, fiat trading of up to $3,000 is enabled instantly limiting depositing and withdrawing amounts to this number.
What about those desiring to go for larger sums? In this case, advanced verification is required, which can be done simply by submitting a photo ID for approval. It might take up to a day to get verified and enable deposits of up to $10,000.
All in all, Q3 of 2018 looks quite promising for Cryptology, the next step of which is to find its niche. Anyway it would be quite interesting to see a fully established and diversified marketplace created within the crypto landscape.