This exchange is inactive on Coinranking. Its data is not up to date.

Cryptonex

Exchange #--
$ --
Volume

Coin listings

All coin listings
# Coins Price 24h volume

We don't have coin listings for Cryptonex currently.

All coins

New coin listings

Coins Price Added
No new coin listings
We have not listed any new coins for Cryptonex recently.
All new coins

Markets

Markets Price 24h volume
No market for Cryptonex
We have not listed any markets for Cryptonex recently.
All markets

About Cryptonex

Cryptonex Exchange: A Global Crypto Solution

Cryptonex, launched in 2017 and registered in the UK, is a centralized cryptocurrency exchange with a focus on seamless global transactions. Operated by Cryptonex LP, it offers a platform for trading, storing, and exchanging a variety of cryptocurrencies, aiming to bridge digital assets with traditional fiat currencies for users worldwide.

What Cryptonex Provides

  • Trading Options: Supports over 20 cryptocurrencies, including BTC, ETH, CNX (its native token), XRP, ADA, SOL, and more, with P2P trading against fiat currencies like USD, EUR, GBP, BRL, and RUB.
  • Fees: Charges a flat 0.1% trading fee (VIP rates at 0.01%), with free deposits; withdrawals vary (e.g., 0.001 BTC for BTC, aligning with industry averages).
  • Features: Includes a multi-currency wallet, mobile app (iOS/Android), staking with 12.11% annual profit (1% bonus + 11% PoS mining), and a business invoicing system in crypto.
  • Fiat Support: Allows bank card purchases of BTC and ETH, plus deposits/withdrawals in multiple fiat currencies via Bank transfer, Visa, MasterCard, and systems like Advcash or Payeer.
  • Security: Employs Scrypt encryption, 90% cold storage, and 2FA; claims robust protection against hacks with a node-verified blockchain.

Things to Be Aware Of

  • Regulatory Status: Lacks formal regulation, which could pose risks despite claims of GDPR compliance and legal audits.
  • User Concerns: Some reviews on platforms like BestChange note issues like delayed transactions, high AML holds, and unresponsive support, suggesting potential reliability gaps.
  • Limited Transparency: Sparse details on the team beyond its origins from IFG software company, and its Russian-speaking focus (e.g., payment methods like Yandex Money) may limit appeal.
  • Accessibility: Fiat transactions require KYC, and the crypto-to-fiat focus might not suit crypto-only users; unavailable in some regions due to local laws.
  • Market Activity: Trading volume varies widely—recent data shows $16.49M over 24 hours, but older reports suggest as low as $2.2M, indicating fluctuating liquidity.

Cryptonex offers a versatile platform for global crypto-fiat trading with attractive staking perks, but its regulatory ambiguity and mixed user feedback call for careful consideration. You can explore more at https://cryptonex.org.