Cryptex24 is a virtual currency exchange that processes transactions between payment systems, including bitcoin and Litecoin.
Online since 2014, Czech-based Cryptex24 was designed to allow for easy withdrawal of cryptocurrency.
Cryptex24 offers a huge selection of virtual currencies and payment method pairings, but may not be ideal for cryptocurrency traders and investors looking for more advanced features.
|Product Name||Cryptex24 Exchange|
|Fiat Currencies||USD, EUR, RUB|
|Cryptocurrencies||BTC, ETH, LTC|
- Multiple transfer options
- Fast processing times
- Small selection of cryptocoins
- Limited and ambiguous information available to users
What is Cryptex24?
Cryptex24 allows you to buy and sell cryptocurrency with cash using one of the many electronic transfer systems available, such as Western Union, MoneyGram, Unistream, Ria, CONTACT and others.
Crypto traders can also exchange bitcoin with Perfect Money, WebMoney, Skrill and others.
What cryptocurrencies can I exchange?
Cryptex24 allows you to exchange cryptocurrency with leading e-money services. It also allows you to exchange money between e-services and fiat currencies. However, the only two cryptocurrencies mentioned on the website are bitcoin and Litecoin.
Cryptex24 is available worldwide, although certain payment systems and exchanges may be region- or country-specific.
What payment methods are accepted?
- Perfect Money (USD/EUR)
- AdvCash (USD)
- Payeer (USD)
- eCoin.eu Code (USD)
- Western Union (USD/EUR)
- MoneyGram (USD/EUR)
- Unistream (USD/RUB)
- Ria (USD/EUR)
- Golden Crown (USD)
- CONTACT (RUB)
How much will it cost me to use Cryptex24?
Cryptex24 has a service fee it charges on all its trades. To view the long list of rates and service fees for each method of exchange, take a look at Cryptex24’s rates page.
How quickly will my funds be available?
Transaction speeds largely depend on the exchange or payment system you are using. Cryptex24 simply states that trades in response to some customer directions are instant, whereas others must be completed by their operator and therefore are slower.
Are there any transfer limits?
Cryptex24 does not specify a minimum order, but does stipulate a minimum commission for each trade. For example, the minimum fee for a BTC/USD trade is US$5.
Transfer limits depend on the method you are using to fund your account.
Is it safe to use Cryptex24?
Cryptex24 is an exchange service verified by some of the leading payment providers, including Perfect Money, OKPAY and Paxum. Users can generally feel confident that their transactions will be processed according to their directions.
Like other exchanges, full registration requires photo ID, which may be seen as an invasion of privacy.
Customer service and support
Cryptex24 accepts general inquiries about its platform and affiliate programme through its “Contact Us” page. The platform also enables Skype chats for quicker communication.
Pros and cons
- Wide selection of transfer options using different payment processors
- Quick transaction processing times
- Small selection of cryptocurrencies to choose from
- Website lacks clarity and contains contradictions (For example, it lists PayPal fees, but says in the FAQ that it does not allow PayPal transactions. It’s unclear whether this just refers to transfers from PayPal.)
Although registering your account isn’t mandatory, Cryptex24 strongly recommends doing so. Registration is as easy as providing a valid email address, entering your name and clicking “Sign Up”. You will receive an email to activate your account.
Full verification requires a government-issued photo ID.
Frequently asked questions
Image source: Cryptex24