Crypterum
Comisiones de intercambio
Métodos de depósito
Criptomonedas compatibles (5)
UPDATE 2 December 2022: The Crypterum website is down and the last Tweet was posted in January 2022. The company is Russian, so it's difficult to find out any further details from our end. However, the lack of inactivity on socials and the fact the site is no longer operating suggest the company has closed it's doors to business.
Accordingly, we have marked the platform as "dead" in our Exchange Graveyard.
To find a reliable exchange where you can start an account, just use our Exchange Filters and we'll help you find the right platform for you.
Crypterum Review
What is Crypterum?
Crypterum is a cryptocurrency exchange from Cyprus, owned by the company Agreados LTD. It was first started in 2018.
Supported Cryptos
The platform offers trading in Bitcoin, Ethereum, Litecoin, Bitcoin Cash and DASH.
Trading Volume
On 12 February 2021 when we first published this review, the platform's 24-hour trading volume according to Coinmarketcap was USD 572,950. Nine months later, on the date of last updating this review (2 December 2021), the 24-hour trading volume was USD 790,479. This trading volume is unfortunately very low. We would ideally want to see the trading volume go up at least 100 times before recommending any prospective trader to open up an account here.
Crypterum Mobile Support
Most crypto traders feel that desktop give the best conditions for their trading. The computer has a bigger screen, and on bigger screens, more of the crucial information that most traders base their trading decisions on can be viewed at the same time. The trading chart will also be easier to display. However, not all crypto investors require desktops for their trading. Some prefer to do their crypto trading via their mobile phone. Fortunately for them, Crypterum is also available in mobile format as an application for iPhones or Androids.
Crypterum Trading View
Every trading platform has a trading view. The trading view is the part of the exchange’s website where you can see the price chart of a certain cryptocurrency and what its current price is. There are normally also buy and sell boxes, where you can place orders concerning the relevant crypto, and, at most platforms, you will also be able to see the order history (i.e., previous transactions involving the relevant crypto). Everything in the same view on your desktop. There are of course also variations to what we have now described. This is the trading view at Crypterum (when not signed in though):
It is up to you – and only you – to decide if the above trading view is suitable for you. Finally, there are usually many different ways in which you can change the settings to tailor the trading view after your very own preferences.
Crypterum Fees
Crypterum Trading fees
Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. Many exchanges divide between takers and makers. Takers are the one who “take” an existing order from the order book.
At Crypterum, they divide between takers and makers. Takers pay 0.20% of the order value in each trade, and makers pay half of that (0.10%). These fees are in line with, or even slightly below, the global industry averages for centralized exchanges. Industry averages have historically been around 0.20-0.25% but we now see new industry averages emerging around 0.10%-0.15%. According to the latest empirical study on the subject, the industry average taker fees were 0.217% and the industry average maker fees were 0.164% (for spot trading). Consequently, Crypterum's fees are below both of these industry averages.
You can also receive discounts on these trading fees if you achieve a certain trading volume during the preceding 30 day period. The exact trading fee discounts are set out in the below table:
Crypterum Withdrawal fees
Crypterum charges a withdrawal fee of 0.0003 BTC per BTC-withdrawal. This fee is a fair bit below the global industry average. The current global industry average is 0.000643 BTC per BTC-withdrawal according to this report, so Crypterum's BTC-withdrawal fee is almost half that.
Deposit Methods and US-investors
Deposit Methods
Crypterum lets you deposit assets to the exchange in many different ways, through wire transfer, debit card, and also by just depositing existing cryptocurrency assets.
Seeing as fiat currency deposits are possible at this trading platform, Crypterum qualifies as an “entry-level exchange”, meaning an exchange where new crypto investors can start their journey into the exciting crypto world.
US-investors
Why do so many exchanges not allow US citizens to open accounts with them? The answer has only three letters. S, E and C (the Securities Exchange Commission). The reason the SEC is so scary is because the US does not allow foreign companies to solicit US investors, unless those foreign companies are also registered in the US (with the SEC). If foreign companies solicit US investors anyway, the SEC can sue them. There are many examples of when the SEC has sued crypto exchanges, one of which being when they sued EtherDelta for operating an unregistered exchange. Another example was when they sued Bitfinex and claimed that the stablecoin Tether (USDT) was misleading investors. It is very likely that more cases will follow.
Crypterum presently does not serve customers in the following countries: Iran, North Korea, Syria, Sudan, Bangladesh, Bolivia, Ecuador, Kyrgyzstan and USA. So if you’re from any of those countries and would like to engage in crypto trading, you will have to look elsewhere. Luckily for you, if you go to the Exchange List and use our Exchange Filters, we can help you out.