Cryptopia Cryptocurrency Exchange Review

Exchanges
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Cryptopia History

Cryptopia is a New Zealand exchange, which is designed for cryptocurrency trading. But right after its creation, in 2014, Cryptopia exchange was conceived as a pool for mining, through which it was possible to mine cryptocurrencies based on the most popular algorithms. At the moment, Cryptopia exchange has its own cryptocurrency, for which you can buy various services on the exchange.

Registration on Cryptopia

To start the registration of the personal account on Cryptopia exchange, you need to go to the official site and click on the Sign up button. After that you will be redirected to the registration page, where you will need to come up with a username, enter your e-mail address, enter the password (the password must be at least 8 characters, and consist of capital letters, lowercase letters, numbers and special characters) and come up with a PIN.

After that, you will need to put two boxes, and as they say, it’s done. After clicking the Sign up button, you will receive an e-mail with a link to confirm your e-mail. When you creating a PIN code be careful and do not forget it, because every time you log on the exchange, you will need to enter these numbers.

Specifics of Work on Cryptopia

After registration for convenient work with the exchange several tabs are opened. By clicking on the Excange tab, we get to the exchange page, where you can exchange any of the presented cryptocurrencies. Considering how many are presented in the list, you can use the Search column, where you enter the necessary name.

This will a page with the available offers for this query. In the screenshot you can see all the Bitcoin to Ether exchange transactions and similar tokens. This may come as a surprise to some, but the exchange has buying and selling junk for cryptocurrency. Here you can do absolutely everything: from figurines, photos to electronic media

Security on Cryptopia

First of all, the exchange administration monitors the safety of accounts of its users and strongly recommends two-factor authentication. Verification on Poloniex is voluntary – if you are not going to withdraw amounts exceeding $2,000 per day, you don’t need to do it.

However, the administration reserves the right to require verification of your identity if it deems your transactions suspicious. This is stipulated in the user agreement, and by registering on the website, you accept these terms, so it is important to keep this nuance in mind.

As for the security of the exchanger’s site, it meets the highest standards, but this does not exclude various hacks and DDOS-attacks. In the history of exchanger there were cases when money was stolen from members’ accounts and exchanger compensated these losses – very loyal approach to the customers.

Pros
  • User-friendly interface
  • Huge amount of cryptocurrencies
  • High protection level
  • Proprietary forum
  • Good support
  • Actively tweeting
Cons
  • Very often wallets are closed for service, especially during a coin haip
  • Sometimes the site is slow
  • No ability to deposit fiat
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