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Home - CROSS Cryptocurrency Exchange Review: CROSS Is Legit & Secure Exchange

EXCHANGE

CROSS Cryptocurrency Exchange Review: CROSS Is Legit & Secure Exchange

Magnesia
Last updated: 12/02/2023 10:56 am
Magnesia
Published: 20/08/2022
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CROSS Cryptocurrency Exchange Review: CROSS Is Legit & Secure Exchange
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About CROSS Cryptocurrency Exchange

CROSS Cryptocurrency Exchange is a from Azerbaijan. It is actually the only exchange in Exchange List, and that they know of, from Azerbaijan. It launched in November 2019. The exchange promotes five things in particular as reasons for choosing to trade at their platform. First, by holding the exchange’s native token (the XEX-token), you can receive 80% back of the trading fees that you would have otherwise paid to the platform.

Contents
  • About CROSS Cryptocurrency Exchange
    • How To Sign Up & Start Trading
    • How To Sign Up & Start Trading
      • You Sign Up For A User Account By Providing Basic Information.
      • You Then Receive An E-mail In Your Mailbox To Activate Your Account.
      • Identity Verification
    • CROSS Exchange Trading fees
    • CROSS Exchange Withdrawal fees
    • Deposit Methods
    • Features
      • Exchange
      • Order Types
      • Community
      • Security

Second and third, they claim to have an easy and convenient trading interface (see more on this under CROSS Exchange Trading View below) and strong security. Fourth, they state that they have separate management of assets. This should be quite standard for exchanges today so not really a strong advantage compared to other alternatives in our view. Fifth and finally, the platform also has mobile support.

How To Sign Up & Start Trading

ExchangeDetails
Exchange NameCROSS
Exchange TypeCryptocurrency
Withdraw Fee0.0005 Btc
Support24/7
LangugaeEnglish
Taker Fee0.10% 
Maker Fee0.10% 
Website Homepage

How To Sign Up & Start Trading

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You Sign Up For A User Account By Providing Basic Information.

On Every Exchange You Will Get Option For Sign Up Or Create Account . Just Fill Some Basic Details Like Name , Email , Password , Security Question Etc For Registration . It Is First Step To Start Trading On Any Exchange

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You Then Receive An E-mail In Your Mailbox To Activate Your Account.

Before You Can Login, You Must Active Your Account With The Code Sent To Your Email Address.Then You Will See A Message That Your Financial Account Is Activated And Ready To Go. This Means That You Can Log In And Start Trading In Cryptocurrency.

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Identity Verification

For Successful Verification You Will Need Identity Documents. For Example, You Can Use A Driver’s License Or Passport, Where The Name Is Duplicated In Latin Letters.Confirmation Of Identity On Exchange Is An Optional Step. The Procedure Must Be Completed Only If You Want To Remove The Restrictions Of Btc On Deposit Or Withdrawal Of Funds Per Day.

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CROSS Exchange Trading fees

Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. Normally, exchanges distinguishes between takers and makers. Takers are the one who “take” an existing order from the order book. Makers are the ones who add orders to the order book, thereby making liquidity at the platform.

At CROSS Exchange, the trading fees you pay depends upon the trading mode you have chosen. There are three different trading modes:

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  • Trade Mining Mode;
  • Standard Trading Mode; and
  • Reward Mode

0.10% is the highest trading fee across these modes, so we have listed that as the trading fee in this review and in Exchange List. It should be noted though that if you pay the trading fees with XEX-tokens (the exchange’s native token), for instance, the fees are lower.

0.10% is in line with, or even slightly below, the global industry averages for centralized exchanges. Industry averages have historically been around 0.20-0.25% but we now see new industry averages emerging around 0.10%-0.15%.

CROSS Exchange Withdrawal fees

CROSS Exchange charges a withdrawal fee of 0.0005 BTC per BTC-withdrawal. This fee is also in line with industry average, or even slightly below. The current global industry average is slightly above 0.0006 BTC per BTC-withdrawal so a competitive offering by CROSS Exchange here as well.

Deposit Methods

CROSS Exchange lets you deposit assets to the exchange in many different ways, through wire transfer, debit card, and of course also by just depositing existing cryptocurrency assets.

Seeing as fiat currency deposits are possible at this trading platform, CROSS Exchange qualifies as an “entry-level exchange”, meaning an exchange where new crypto investors can start their journey into the exciting crypto world.

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Features

Exchange

CROSS exchange allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO and many other digital assets with minimal fee.

Order Types

Easily set your order book and catch the your waited price, in CROSS you do not need to use any bot.

Community

Join global community, keep update schduale of new listing and their airdrop.

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Security

Security of user information and funds is our first priority. All transaction and hot wallet monitoring 7/24.

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