Score
crypto facilities
United Kingdom
2-5 years
Investment Advisory License|
High potential risk
https://www.cryptofacilities.com/
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Influence
C
Influence Index NO.1
United States 2.82
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crypto facilities User Reviews
| Aspect | Detail |
| Name | Cryptofacilities |
| Year of Foundation | 2014 |
| Regulation Status | Regulated (FCA, UK) |
| Supported Cryptocurrencies | Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash. |
| 24-hour Trading Volume | $1.5 billion |
| Trading Fees | Makers:0.00- 0.02%, Takers: 0.01-0.05% |
| Customer Support Channels | Email: support@cryptofacilities.com |
What is crypto facilities？
Cryptofacilities.com is a cryptocurrency exchange regulated by the FCA in the UK. The platform has fees of 0.02% for makers and 0.04% for takers. It employs security measures such as cold storage and multi-signature wallets. The exchange has a daily trading volume of $1.5 billion. Cryptofacilities.com provides a regulated option for cryptocurrency trading.
Pros and cons
| Pros of Crypto Facilities | Cons of Crypto Facilities |
| Regulatory Oversight | Geographical Limitations |
| Variety of Cryptocurrencies | Limited Deposit/Withdrawal Options |
| Security Measures | Price Volatility |
| Transparent Fee Structure | Additional Educational Resources |
| Educational Resources | Customer Support Response Times |
Security:
Cryptofacilities.com prioritizes user security through practical measures:
- Cold Storage: The majority of cryptocurrencies are kept offline, safeguarding them from online threats.
- Multi-Signature Wallets: Transactions necessitate multiple authorized signatures, minimizing unauthorized access.
- Two-Factor Authentication: Users require a unique code alongside their password for account access.
- Regular Audits: Consistent security audits and tests identify and mend vulnerabilities.
- FCA Regulation: Oversight by the FCA enforces rigorous security and operational standards.
Cryptocurrencies available
Traders using Crypto Facilities have a wide array of cryptocurrency choices at their disposal. The platform offers access to several popular cryptocurrencies, such as: Bitcoin (BTC) \ Ethereum (ETH) \ Bitcoin Cash (BCH) \ Litecoin (LTC) \ Ripple (XRP)
Price Fluctuations and Market Influence: It's crucial to recognize that cryptocurrency prices on the Crypto Facilities platform can be highly volatile. These price fluctuations are driven by factors including market dynamics and the sentiment of investors. As a result, prices can change rapidly and unpredictably.
Fee Structure on Crypto Facilities:
The platform's fees are calculated as a percentage of the notional order value for matched trades. Fees are determined based on your 30-day rolling trading volume, promoting lower fees for higher trading activity.
| 30-Day Volume USD | Maker Fee | Taker Fee |
| 0 - 100,000 | 0.02% | 0.05% |
| 100,001 - 1,000,000 | 0.02% | 0.04% |
| 1,000,001 - 5,000,000 | 0.01% | 0.03% |
| 5,000,001 - 10,000,000 | 0.01% | 0.03% |
| 10,000,001 - 20,000,000 | 0.01% | 0.02% |
| 20,000,001 - 50,000,000 | 0.01% | 0.02% |
| 50,000,001 - 100,000,000 | 0.00% | 0.01% |
| 100,000,001+ | 0.00% | 0.01% |
Deposit and Withdrawal:
At Crypto Facilities, the primary method for moving funds in and out of the platform is through the blockchain. Upon registration, users receive Bitcoin, Ethereum, and Ripple wallets to facilitate trading. Users can allocate funds to each margin wallet and a “cash” portion, offering a flexible feature.
Deposits:
To deposit funds, users transfer the chosen cryptocurrency (Bitcoin, Ethereum, Litecoin,or Ripple) from an external source to the respective Crypto Facilities wallet. This involves using a unique wallet address provided by the platform.
Withdrawals:
For withdrawals, users request the transfer of their cryptocurrency funds from Crypto Facilities' wallet to an external address. They specify the amount and destination address for the withdrawal.
The blockchain ensures secure and accurate transactions, while the customizable wallet allocation caters to individual preferences.
Comparre with other exchanges:
| Aspect | Crypto Facilities | Binance | DEX-TRADE |
| Supported Cryptos | 5 cryptocurrencies | 350+ cryptocurrencies | 330+ cryptocurrencies |
| Trading Fees | Maker Fee: 0-0.02%* | Maker Fee: 0.012% - 0.10% | Maker Fee: 0.1% |
| Taker Fee: 0.01-0.05% | Taker Fee: 0.024% - 0.10% | Taker Fee: 0.2% | |
| Regulatory Oversight | Regulated | Regulated licenses reported | Not regulated |
How to open an account？
The registration process on Crypto Facilities is straightforward and can be completed in six steps.
1. Start by visiting the Crypto Facilities website and clicking on the “Sign Up” button.
2. Fill in your email address and create a strong password for your account.
3. Verify your email by clicking on the link sent to your email address.
4. Provide your personal information, including your full name and nationality.
5. Accept the terms and conditions of the exchange and confirm that you are not a resident of any restricted countries.
6. Finally, complete the KYC (Know Your Customer) process by providing the necessary documentation to verify your identity, such as a valid government-issued ID and proof of address.
Once you have completed these steps, your account will be created and you can start trading on Crypto Facilities. It is important to note that the KYC process is mandatory and helps ensure the security and compliance of the exchange.
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