No Regulation

Score

0123456789.01234567890123456789
/10

CRYPTOMARKET

Estonia

|

5-10 years

Suspicious Regulatory License|

High potential risk

http://www.cryptomkt.com/

Website

Rating Index
Influence

Influence

A

Influence Index NO.1

Chile 7.83

Better than 98.59% exchange(s)

Biz Area

Search Statistics

Advertising

Social Media Index

Influence
A

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

Exchange Info

More
Company Name
CRYPTOMARKET
Phone of the company
+56 2 2938 0093
+56 2 2952 3636
Customer Service Email Address
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WikiBit Risk Alerts

2
Previous Detection 2024-05-18

The number of this Exchange's nagitive field survey reviews has reached 1, please be aware of the risk and the potential scam!

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

Website

Genealogy

Social Media

Trade Type

Keywords

Time Machine

White Paper

Related Software

Github

Related Docs

All Corps

New Arrival

Vol Stat

Influence

Yesterday Vol

7 Days

No data

User Reviews

More

3 ratings

Participate in evaluation
Jack Daniel
Cryptomarket's interface is pretty slick, easy to navigate but their customer support could use some work. It's a mixed bag really.
2024-04-29 10:16
3
FX1593739367
The user interface of CRYPTOMARKET is simple and easy to use, which brings a lot of convenience to my trading. At the same time, its transaction fees are low and it has strong liquidity. I highly recommend it!
2024-02-14 11:10
3
OomArii
Cryptomarket provides highly volatile prices, but tends to be profitable. Exciting trading experience with affordable fees. Solid!
2024-01-14 19:50
6
Aspect Information
Company name CryptoMarket
Registered Country/Area Estonia
Founded 2016
Regulation Unregulated
Supported Cryptocurrencies 50+
Fees - Spot Transactions: 0.09% to 0.04% (varies based on volume)
- Simple Transactions: 1%
Funding Methods Wallet, Wire transfer, Cryptos
Customer Service Phone, Address, FAQs, Social media

CryptoMarket Overview

CryptoMarket is a cryptocurrency exchange platform founded in 2016 operating primarily in Latin American countries, including Argentina, Brazil, Chile, Colombia, and Peru. The platform offers users the ability to buy, trade, and hold over 50 cryptocurrencies.

CryptoMarket Overview

Pros & Cons

√ Pros × Cons
Over 50 tradable cryptocurrencies Limited global presence
Presence in multiple Latin American countries Specific regulatory licenses not mentioned
Advanced trading system with Stop Limit Limited educational resources
Instantly accredited cryptocurrency deposits
Operates with advanced graphics tools

Pros Revealed

Over 50 Tradable Cryptocurrencies: CryptoMarket offers a range of cryptocurrencies, catering to both popular and emerging digital assets.

Presence in Multiple Latin American Countries: The platform operates in Argentina, Brazil, Chile, Colombia, and Peru.

Advanced Trading System with Stop Limit: CryptoMarket provides advanced trading tools, including a system with Stop Limit.

Instantly Accredited Cryptocurrency Deposits: Ensuring user convenience with quick deposit accreditation.

Operates with Advanced Graphics Tools: Integrated with Trading View for enhanced chart analysis.

Cons Revealed

Limited Global Presence: While strong in Latin America, its reach outside this region is limited.

Specific Regulatory Licenses Not Mentioned: The platform does not provide explicit details on its regulatory licenses.

Limited Educational Resources: While there are insights on Bitcoin and Ethereum, the platform lacks comprehensive educational content.

Regulatory Compliance

As of August 2023, specific details regarding CryptoMarket's regulatory licenses were not explicitly mentioned on the website. Users are advised to reach out to the platform directly or consult other reliable sources for detailed information on regulatory compliance.

Security

CryptoMarket places a high priority on security, implementing multiple measures to ensure user funds are safe. This includes features such as two-factor authentication for login and withdrawals, encryption of user data, cold storage for funds, and regular internal and external audits to identify and rectify any potential vulnerabilities.

It's important to note, however, that security is also each user's responsibility, so it's essential to use unique and strong passwords and keep your account information confidential.

Cryptocurrencies Available

CryptoMarket hosts an impressive variety of cryptocurrencies for trading.

The variety ranges from the prominent players like Bitcoin (BTC) and Ethereum (ETH) to the rising stars like Solana (SOL). Stable coins such as Tether (USDT) and USDC (USDC), which serve as important instruments in managing volatility, are also on offer. Moreover, it provides access to other established coins such as BNB (BNB), XRP (XRP), Cardano (ADA), TRON (TRX), and Chainlink (LINK).

With such an extensive array of available cryptocurrencies, CryptoMarket provides ample opportunities for traders to diversify and enhance their cryptocurrency portfolio.

For complete list, please visit https://www.cryptomkt.com/en/buy-cryptocurrencies for more details.

Cryptocurrencies Available

Open Accounts/Registration

Visit CryptoMKT's official website and click on the “create an account” button to provide your personal details and verify your email. Once verified, set up security measures like two-factor authentication (2FA) for added protection. After setting up your account, deposit funds using the available methods and begin trading cryptocurrencies.

Open Accounts/Registration

Fees

CryptoMarket offers a tiered fee structure based on the 30-day trading volume. Both Market Makers and Market Takers have the following fee schedule:

Volume traded in 30 days Market Maker Market Taker
$0 - $100,000 USD 0.09% 0.09%
$100,000 - $1,000,000 USD 0.08% 0.09%
$1,000,000 - $10,000,000 USD 0.07% 0.08%
$10,000,000 - $100,000,000 USD 0.06% 0.08%
$100,000,000 - $1,000,000,000 USD 0.05% 0.07%
+ $1,000,000,000 USD 0.04% 0.06%

Deposits and Withdrawals

Bank Deposits and Withdrawals:

Instrument Deposit Rate Withdrawal Rate
Peso Argentino (ARS) 0.60% 0.60%
Real Brasileño (BRL) R$0 R$8.9
Peso Chileno (CLP) $0 $0
Peso Colombiano (COP) $1,450 $2400 + 0.4%
Euro (EUR) 0.50% 0.50%
Sol (PEN) S/0 S/0 to S/5.8

CVU Deposits and Withdrawals:

Instrument Deposit Rate Withdrawal Rate
Peso Argentino (ARS) 0.60% 0.60%

PIX Deposits and Withdrawals:

Instrument Deposit Rate Withdrawal Rate
Real Brasileño (BRL) R$0 R$8.9 (R$0 if ≥ R$1000)

Deposits and Withdrawals via Mercado Pago:

Instrument Deposit Rate Withdrawal Rate
Real Brasileño (BRL) 1.90% R$0

Deposits/Withdrawals Cryptocurrencies

Instrument Deposit Rate Withdrawal Rate
Aave (AAVE) 0 AAVE 0.273 AAVE
Algorand (ALGO) 0 ALGO 8.01 ALGO
Avalanche X-Chain (AVAX) 0 AVAX 0.0725 AVAX
BNB (BSC chain) (BNBBSC) 0 BNBBSC 0.00302 BNBBSC
... ... ...
Zcash (ZEC) 0 ZEC 0.0306 ZEC
yearn.finance (YFI) 0 YFI 0.00285 YFI

(Note: The table above is a shortened representation. The “...” indicates that there are more entries in between. For a complete list, refer to the official website.)

Educational Info

To access these educational resources:

  • Visit the CryptoMarket website.

  • Scroll through the main page where they have highlighted sections like “Why buy Bitcoin?”, “Why buy Ethereum?”, and more.

  • Click on the respective sections to delve deeper into the topic and gain a comprehensive understanding.

Customer Service/Website Info

CryptoMarket provides customer support primarily through phone numbers for the various countries they operate in. These numbers cater to users from Argentina, Brazil, Chile, Colombia, and Peru.

  • Contact Numbers:

- Chile: +56 2 3304 8610

- Argentina: +54 11 3987 0780

- Peru: +51 1 730 3004

- Colombia: +57 601 5140324

- Brazil: +55 11 4040 2642

Comparison with Other Exchanges

Dimension CryptoMarket Binance Coinbase
Fees 0.04%-0.09% 0.012%-0.10% 0% - 3.99%
Cryptos Available 50+ 350+ 200+
Website www.cryptomkt.com www.binance.com www.coinbase.com

CryptoMarket is suitable for users in Latin America looking for a variety of cryptocurrencies. Binance is best for experienced traders and those seeking a wide range of cryptocurrencies and advanced trading options. Coinbase is suited for beginners due to its user-friendly interface and simple buying options.

Summary

CryptoMarket is a Latin America-focused cryptocurrency exchange offering a variety of digital assets and advanced trading tools. While it boasts a strong presence in its operating regions, users should seek detailed fee and regulatory information directly from the platform.

FAQs

Q: How can traders deposit funds into my CryptoMarket account?

A: Users can deposit funds into their CryptoMarket account using both local currencies and cryptocurrencies. The platform supports various local currencies like Peso Argentino (ARS), Real Brasileño (BRL), Peso Chileno (CLP), and more. The deposit rates vary depending on the currency and method used.

Q: Which countries does CryptoMarket operate in?

A: Argentina, Brazil, Chile, Colombia, and Peru.

Q: Are there any fees associated with withdrawals?

A: Yes, withdrawal fees apply and vary depending on the currency and method. For instance, withdrawing in Peso Argentino (ARS) incurs a 0.6% fee, while Real Brasileño (BRL) via PIX has a fee of R$8.9 for amounts less than R$1000.

Q: Does CryptoMarket offer advanced trading tools?

A: Yes, including a system with Stop Limit and integration with Trading View.

Q: How does CryptoMarket ensure the security of its platform?

A: CryptoMarket emphasizes high-security standards in its operations. They have implemented a latest-generation Anti-Hacker system, and funds are safeguarded in multi-signature physical vaults.

User review

User A: “I've found CryptoMarket to be a versatile platform for crypto trading. Its user-friendly interface and the variety of coins available have made it easy for me to diversify my portfolio. The security features also provide me assurance about the safety of my investments.”

User B: “CryptoMarket has been essential in taking my crypto trading to the next level. Their educational resources have helped me understand complex trading strategies, while their customer support has been quick and responsive, easing my trading journey.”

Risk Warning

Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.