Cryptopia
- Overview
- Security
- User Experience
Volume 24H: BTC 1872/24h
Cryptopia is an all-in-one cryptocurrency exchange platform. The platform also offers a cloud mining venture (Mineshaft), a marketplace, an altcoins knowledge base (CoinInfo), and an arbitrage tool. Cryptopia does not support fiat currencies but it does provide a tool to convert New Zealand Dollars to NZDT, which can then be used on the platform.
The Cryptopia website is quite large and sprawling and the trading platform is somewhat complicated, making it daunting at first for new users. However, account set-up is simple and initial verification is quick and only requires an email address. It is a great exchange for users wanting to trade less popular altcoins or for casual traders. For the big players there are better alternatives.
Crypto Currencies Support
- ARK
- BCH
- BTC
- DASH
- DOGE
- ETC
- ETH
- GNO
- ICN
- KMD
- LTC
- STRAT
- USDT
- XMR
- ZEC
Traditional Currency Support
- NZD
Language Support
- English
Country Support
- Australia
- Canada
- European Union
- Hong Kong
- Japan
- Most Africa
- Most of Asia
- Most of Eastern European Union
- Most of Latin America
- Most of the Middle East
- New Zealand
- Norway
- Russian Federation
- Singapore
- Switzerland
- Turkey
- United Kingdom of Great Britain and Northern Ireland
- United States of America
Platforms Systems
- — Allows Mining Pools
- — Api
- — Web Interface
Stock Market Options
Cryptopia is unique in that it offers its clients a unique authentication device for 2 factor identification. However there is some speculation about the security of the platform and developers have identified weaknesses. This platform features a great exchange but users should remember it is not a wallet.
Summary:
| 2 Factor Authentication | Yes |
| Funds Insured | Funds Are Not Insured |
| Private Keys Stored On | Exchange Platform |
| Storage Type | They Claim To Hold User Funds In Cold Storage But Are Not Specific About It |
The Cryptopia exchange was created by Cryptopia Limited, an LLC corporation in Christchurch, New Zealand. The company has been active since November 2014 and was founded by Adam Clark and Rob Dawson. The major aim of Cryptopia is to make cryptocurrency available to everyone and to provide an all-in-one platform with many features.
Summary:
Cryptopia is a multi-altcoin exchange that offers mining pools, a crypto marketplace, and arbitrage in an all-in-one platform. It is a solid exchange that is worth trying, especially if you are interested in getting your hands on cryptos with smaller market caps before they get too big and appear on other exchanges. The platform does seem to be somewhat underdeveloped compared to major exchanges.
| Ease of use | Intuitive |
| Transaction Fees | 0.1-0.29% |
| Deposit/Withdrawal Fee | 0.1-0.29% |
| Deposit/Withdrawal Fee For Bank Transfer | 0.1-0.29% |
| Deposit/Withdrawal Fee For Credit Card | 0.1-0.29% |
| Deposit/Withdrawal Fee Charged For 3rd party Payments | N/A |
| Anonymous Trading | Yes |
Deposit/Withdrawal Options:
Deposit from bank account, Withdrawl funds to bank account, Send/Receive Crypto
Functionality:
On Cryptopia, trading altcoins is fairly straightforward. Fees are low and all users can make cryptocurrency transfers. New Zealanders who verify their identity can deposit funds via bank transfer. The arbitrage feature allows users to check which currencies are trading at which prices on different exchanges. Margin trading is not offered and a lot of confirmations are required to trade altcoins.
Most common customer complaint:
— Customer support unavailable and weak security.