Cryptology Cryptocurrency Exchange Review : Pros & Cons

Cryptology Cryptocurrency Exchange Review : Pros & Cons

About Cryptology

Cryptology is the study of methods for secure communication in the presence of third parties, known as adversaries. It encompasses both cryptography, the study of encoding messages to hide their meaning from unauthorized parties, and cryptanalysis, the study of breaking codes and ciphers.

Cryptology Cryptocurrency has a rich history, with early examples dating back to the ancient Egyptians and Greeks. In modern times, it plays a crucial role in securing online communications and transactions, as well as in protecting sensitive information in fields such as finance, government, and military.

Cryptology Exchange is a constantly evolving field, with new techniques and algorithms being developed to meet the challenges posed by increasingly powerful computers and sophisticated adversaries. Research in this area often involves a combination of mathematical theory, computer science, and electrical engineering.

Information Table

Exchange Name Cryptology
Exchange Service Spot and futures trading
Exchange Launch Year1960
Made InGermany
Mobile App Android & IOS
Fiat Option Available
KYCRequired
2FA SecurityAvailable
Makers Fees0.2%
Takers Fees0.2%
Referral ProgramNot Allowed
SupportEmail & Live Chat Option Available
Official WebsiteClick Here To Visit

How To Register At Cryptology Exchange ?

To register on Cryptology, click Register Now button at the top of the page. You can also start creating an account directly through the form on the main page.

You only need to enter your e-mail and come up with a password. If there is a referral code, it is also entered at this stage. Password requirements: at least 8 characters, numbers, upper and lower case.

Click ” Create Account ” then go to your email to verify it. Enter the code you received and registration is complete. You can start replenishing your account.

How To Verify Your Cryptology Cryptocurrency Account ?

There is no mandatory verification at Cryptology, but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of 0.00001 BTC. In the future, depending on the actions of regulatory authorities, conditions may change.

For verification, you can use one of four documents to choose from: passport, driver’s license, identity card or residence permit. Artificial intelligence is used to evaluate the authenticity of documents. This service is provided by the Onfido online identification service, already used by the Cryptology, Revolut platforms.

How To Buy Crypto Or Deposit Crypto At Cryptology Crypto Exchange?

There are two main options for topping up your balance on Kraken. Firstly, you can buy cryptocurrency with a bank card – it’s fast and convenient. Go to the ” Buy crypto ” -> ” Buy crypto with a credit card ” section.

Choose a cryptocurrency (currently there are 13 coins available for purchase in this way). Enter the amount and select the fiat currency to be used for payment.

After that, you will need to select a payment channel: each of them has conditions. You can choose between Simplex, Mercuryo, Banxa and Moonpay. Click ” Buy ” next to the appropriate option.

Agree to the terms and confirm the transition to the site of the payment provider. Enter information about the card and its owner, confirm the transaction. Cryptocurrency will be credited to the exchange account within a few minutes.

Second Method

You can transfer digital assets to the balance of the exchange from any external crypto wallet. For this:

  • Go to the “Deposit” section from the “Assets” menu.
  • From the drop-down list, you can select the cryptocurrency you want to deposit into your account.
  • The wallet address will appear. You need to copy it and send funds to it from another wallet or exchange. Please note that only bitcoin can be sent to bitcoin addresses, similarly with other coins.
  • You can also click “Show QR code” – for transfers from a mobile wallet, this is a more convenient option.

How To Withdraw Crypto Asset From Cryptology Exchange ?

Having completed all the necessary trading operations, it’s time to withdraw the received assets to an external wallet. Go to ” Assets ” -> ” Withdraw “. Please note that the operation is only available after enabling two-factor authentication in the settings. This is for added security and requires less than a minute, so don’t neglect this measure.

Select a cryptocurrency and enter the withdrawal amount. Each coin has its own withdrawal fee, for example, for BTC it is 0.00057 BTC. Click ” Output “. By default, the exchange processes applications three times a day, however, hourly withdrawals are available for Premium users. Also, the time of receipt of the cryptocurrency is affected by the workload of the blockchain network.

How To Secure Your Cryptology Account ?

Also remember to go to the Security tab and activate two-factor authentication using the Google Authenticator app – this is the most reliable way to prevent unauthorized access to your account.

Cryptology Fees

Current Spot trading fees are 0.2% maker, 0.2% taker.

Deposit options:

  • Debit/credit card deposit (4,04% fee, minimum amount $5 or €20) – outside the US and Japan only.
  • Purchase of cryptocurrency through the Buy Crypto (4,2%);
  • Boleto deposit (1,7% fee, minimum $1) – Brazil
  • Loterica deposit (3,6% fee, minimum $1) – Brazil
  • Deposit Express (1,7% fee, minimum $1) – Brazil
  • EUR SEPA Deposit (no fees, minimum €50) – is available only from SEPA bank accounts.
  • USD Deposit via bank transfer (no fees, minimum $50) – is available only from Unlimint Ltd.
  • Crypto deposits: no fees.

Withdrawal options

  • SEPA withdrawals EUR: (€7 fee) – is available only to SEPA bank accounts.
  • USD withdrawals: ($7 fee) – is available only to Unlimint Ltd.
  • Fiat withdrawals to bank cards are not available.

Digital assets

CurrencyFeeMin. amount
BTC0.0001 BTC0.00001 BTC
LTC0.0045 LTC0.01 LTC
BNB0.0005 BNB0.005 BNB
ETH0,0035 ETH0.00001 ETH
XRP0.00002 XRP25 XRP
XLM0.00002 XLM10 XLM
ZEC0.0002 ZEC0.01 ZEC
TRX1 TRX10 TRX
USDT (over ERC20)10 USDT5 USDT
USDT (over TRC20)1 USDT5 USDT

Features Of Cryptology Crypto Exchange

Available At Android & IOS Store

Cryptology Cryptocurrency Exchange exchange application available on both world famous mobile store google play store and iOS store . You Can download App and start trading.

Confidentiality

The protection of sensitive information from unauthorized access. Cryptography techniques, such as encryption, ensure that only authorized parties can access the information.

Integrity

The assurance that the information being transmitted has not been altered or tampered with during transmission. Cryptographic techniques such as digital signatures and hash functions can be used to verify the integrity of the information.

Authentication

The verification of the identity of the parties involved in the communication. Cryptographic techniques, such as digital signatures and public key infrastructure, can be used to authenticate the identities of the parties involved.

Non-repudiation

The prevention of a party from denying their involvement in a transaction. Digital signatures can be used to provide non-repudiation, as they provide evidence of the parties’ involvement in the transaction.

Availability

The assurance that the information and the communication systems are available to authorized parties when needed. Cryptographic techniques, such as key management, can be used to ensure the availability of information and communication systems.

24/7 Live Chat

If you’re awake, they are too. When you need help, your team of experts will work with you via 24/7 live chat to reach a quick and efficient resolution.

Cryptology Conclusion

Cryptology is the study of codes and cryptography, which is the practice of secure communication. It encompasses both the creation and breaking of codes and is used in many areas including computer security, military communication, and financial transactions. Cryptography techniques include encryption, decryption, digital signatures, and hash functions. The field of cryptology is constantly evolving as technology advances and new methods of code-breaking are developed, requiring constant improvement in cryptography techniques to maintain the security of communication.