Cryptopia

Cryptopia

Cryptopia
In Social Media:
Intuitive Ease of use,  Enough secure,  Anonymously trading

Volume 24H: $1,315,156

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.

Traditional Currency Support

  • New Zealand Dollar (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

  • Web Interface
  • API
  • Allows Mining pools

Stock Market Options

Interface
customisation:

  • Allows light and dark theme
  • Allows the movement or resizing of boxes
  • Allows customized alerts and notifications

Advanced
Options:

  • Limit Order
  • Market Order
  • Stop Order

Discounts For
The Big Traders:

  • No Maker fees

Cryptopia security levels are exceptionally high. They offer 2FA and a withdrawal white list option. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure. Also, for withdrawals, users are required to pass an enhanced verification process providing proof of the validity of their identification documents.

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.

Advanced Security Features:

  • Limit amount of daily withdrawls
  • Email Notification of withdrawal

Security Features:

  • SSL
  • Protection from DDoS attackes

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 c 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.