Cryptology Cryptocurrency Exchange

Cryptology Overview

Cryptology, established in January 2018, is a cryptocurrency exchange based in Singapore. This platform provides users with the ability to trade a variety of major cryptocurrencies, albeit with a somewhat limited selection of altcoins compared to other top crypto exchanges.

Cryptocurrency Support

At Cryptology, users can engage in trading activities involving some of the most prominent cryptocurrencies in the market. However, it's worth noting that the exchange has a relatively restricted altcoin offering compared to its counterparts.

Mobile Support

For convenient access, Cryptology offers a mobile application compatible with both iPhones and Android devices. Users can download the app from the App Store or Google Play to trade on the go.

Liquidity Growth

Over time, Cryptology has experienced a steady increase in liquidity. The 24-hour trading volume, which was around USD 3.4 million in November 2019, saw growth to USD 4.7 million by March 2020. As of December 2, 2021, the trading volume has reached almost USD 47.3 million. While this amount may be considered modest in comparison to industry giants, the upward trend is promising.

US-Investor Restrictions

It's important to note that Cryptology does not allow trading for US-investors due to regulatory reasons. However, alternative options are available for investors from the United States.

Fee Structure

Trading Fees

Cryptology operates on a "flat fee model," charging a uniform fee of 0.20% for both takers and makers. This fee level aligns with, or is slightly below, the global industry average of approximately 0.25%.

Withdrawal Fees

In contrast to some exchanges that impose high withdrawal fees, Cryptology stands out by charging only 0.0005 BTC for BTC withdrawals. This fee is notably 40% below the global industry average of 0.0008 BTC.

Deposit Methods

As an entry-level exchange, Cryptology facilitates fiat currency deposits. Users can fund their accounts through wire transfers and credit cards, catering to the needs of newer crypto investors.

What are the trading fees on Cryptology?

Cryptology operates on a "flat fee model," charging a uniform fee of 0.20% for both takers and makers. This fee level aligns with, or is slightly below, the global industry average of approximately 0.25%.

Does Cryptology offer leverage trading?

Cryptology provides futures trading.