CryptoAltum is this a scam? Review and Customers Reviews

CryptoAltum – innovation cryptocurrency exchange. The company launched in 2019, offering traders spot and margin trade cryptocurrenciesas well as instrument trading Forex. The company promises customers the tightest spreads on the market, leverage up to 1:500, a high level of security and round-the-clock fast withdrawal of earnings.

In this review, consider the benefits of trading on the platform, learn the opinion of traders about it, and try to understand whether CryptoAltum – is it a trick or a reliable crypto exchange, where you can trade cryptocurrencies, precious metals and indices from one account.

 

Why CryptoAltum?

Platform CryptoAltum differs significantly from other cryptocurrency exchanges. The developers of the service tried to provide traders not only with a high level of security, but also with all the necessary tools. Here it is possible not only to trade cryptocurrencies, but also to earn from trading indices and precious metals. It is a feature-rich platform offering the tightest spreads on the market (only $3 BTC/USD), which is about 500% lower than the competition.

Experienced traders are offered large leverage up to 1:500, which allows you to make large deals and maximize profits without having large sums in the account. The developers have paid great attention to the safety of client assets. Traders’ money is stored in four cold vaults, and access to electronic wallets is available with multiple signatures.

For trading the platform offers a modern MT5 trading terminal with a wide range of instruments, customizable interface and the possibility of automatic trading. To get acquainted with the terminal and the crypto exchange, you can register an unlimited demo account on the platform, the company also offers Islamic accounts. Among the additional services on the platform you can use the leverage calculator, the built-in free by the exchangerThe following features are included in the program: the economic calendar, automatic trading function, advisors and free signals.

 

How to exchange cryptocurrency on CryptoAltum platform?

The CryptoAltum platform has its own built-in cryptocurrency exchanger. The exchange rate here is updated every 10 seconds. The service does not charge any commission when exchanging assets. You can also exchange assets during trading by selecting a trading pair and opening an order. When you close the transaction, you will receive the desired currency to your account.

 

Verification on the cryptoaltum.com platform

To open a trading account on the platform cryptoaltum.com verification is not required. The platform does not ask users for any documents, thereby ensuring complete anonymity of trading. To open an account, just fill out the registration form, where you need to specify: name, email address, phone number and password. After completing the form, you need to confirm your email and activate your account. Go to your mailbox, open an email from the crypto exchange and click “Activate account”.

To ensure account and withdrawal security, users are recommended to connect two-factor authentication. Despite the fact that there is no mandatory identity verification on the platform, the administration may request a copy of an ID document when withdrawing amounts of 5,000 USD or more, as well as when multiple registrations are detected.

 

Deposit and withdrawal

Deposit is available in seven cryptocurrencies: BTC, ADA, ETH, LTC, XRP, BCH and USDT. To deposit the account, you need to go to the “Deposit” tab in your personal cabinet. Next, select the cryptocurrency and copy the crypto-address. Enter this address in your cryptocurrency wallet, confirm the transfer. The minimum deposit amount depends on the selected cryptocurrency, for example: Bitcoin – 0.002, Tether – 100, Ethereum – 0.025, Cardano – 50. The cryptocurrency exchange does not charge a deposit fee. The deposit is credited to the account after two blockchain confirmations.

Withdrawal is also possible only in cryptocurrencies. To withdraw, log in to your account and go to “Withdrawal” tab. Choose cryptocurrency, specify withdrawal amount and cryptocurrency wallet address. Confirm the transaction. The platform sets minimum withdrawal limits, depending on the token, for example: Bitcoin – 0.001, Tether – 25, Ethereum – 0.00105, Ripple – 0.0001. The cryptocurrency exchange does not charge withdrawal fees. Applications are processed around the clock.

Cryptoexchange Commission

When trading cryptocurrencies on margin, traders pay on cryptoaltum.com the commission for financing. The commission is charged as a percentage of the total value of the position every 4 hours. When trading Forex, precious metals and indices, overnight trades are subject to commission. Platform commissions are included in the spreads. Spreads as well as commissions on the platform are floating. Examples of minimum commissions:

• Spreads – from 0.00000003.
• Long-term financing – from 0.0137%.
• Short-term financing – from 0.0123%.

 

CryptoAltum bonuses

Every CryptoAltum customer can get a deposit bonus and take part in an affiliate program.

Deposit Bonus

When depositing your first deposit, the platform gives new users 25% of the deposited amount. This money can be used for trading, opening and supporting positions during drawdown.

Affiliate Program

Sign up as an affiliate on the platform and get 30% from the spread. Affiliate commission is calculated in real time and paid in the client’s MT5 base currency.

 

Complaints about CryptoAtlum

There are no reviews about CryptoAltum on Russian-language reviewers yet. But we found several reviews about the platform on English-language resources. In them traders write about fast deposits and withdrawals, prompt support service and low spreads.

If there are any complaints about CryptoAltum company, we will definitely publish information in social networks. Sign up so you don’t miss anything!

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Regulation of CryptoAltum crypto exchange

Before registering at any cryptocurrency exchange, it is recommended to get acquainted with the legal documents of the company. This will help understand who regulates the platform’s activity and how reliable the service is.

Regulator

Cryptocurrency exchange CryptoAltum is operated by Excel Innovations Ltd. registered in the Marshall Islands. Documents cryptoaltum.com:

• Read the “User Agreement” on cryptoaltum.com (See).
• Read the “Privacy Policy” on the website of cryptoaltum.com exchange (See).

Cryptoaltum.com User Agreement

Under the terms of the user agreement the client account is opened for a trial period of up to 14 days. During this period the client is obliged to present documents confirming the identity and to pass the account verification at the request of the administration. In case of refusal of identity verification at the request of the administration, the agreement can be terminated unilaterally.

In the case of complaints and claims, the client must notify the administration of the service in writing within two working days. The term of consideration of the claim is 30 calendar days. Complaints submitted after 30 calendar days from the date of their occurrence shall be considered invalid and shall not be accepted for consideration.

Customer Service

The service’s support team is available 24 hours a day. Customers can use channels to contact the support team:

• E-mail: [email protected].
• Chat on the site.
• Facebook.
• Telegram.
• Twitter.

Before contacting customer support, users are advised to visit the FAQ page, where answers to common customer questions are published.

 

Is CryptoAltum a scam?

CryptoAltum – A cryptocurrency exchange that offers clients trading in popular cryptocurrencies, precious metals, indices and oil. The modern and reliable MetaTrader 5 terminal is used for trading. Expert Advisors and free signals can be used in trading. Free demo account is available for traders to get acquainted with the service. Having analyzed the work of the platform and traders’ reviews on third-party resources, we came to the conclusion that CryptoAltum is not a scam. Clients report that the platform correctly pays out money to clients and there are no delays in withdrawals.

 

Conclusion

CryptoAltum – a convenient platform for trading cryptocurrencies, gold, indices and oil. There are no deposit or withdrawal fees. Trading commissions are included in the spread and are considered the lowest in the market. By opening an account at cryptoaltum.com you will receive a 25% deposit bonus. This money can be used for trading with subsequent withdrawal. Register on the site, fund your account and get bonus to trade cryptocurrencies and other available assets.