exchange review: a platform to sell, buy and pay with crypto

5 out of 5 stars (5 / 5)
Cryptocurrency company
Mobile & Desk

The establishment of Blockchain technology has revolutionized the world of cryptocurrencies. Global economies are witnessing immense potential and the future of digital currencies and modes of payments. It is estimated that by 2025, the blockchain technology market will be valued at 40 billion USD. The demand for Bitcoins and other notable cryptocurrencies keeps soaring. It only implies that more companies will be entering the space to provide a platform to the traders.

Having a wide range of platforms to choose from can be a daunting task. Especially with the security and theft concerns, it becomes imperative to have a thorough background check on the platform you wish to associate yourself with. This article talks in-depth about, one of the many but one of the best cryptocurrency trading platforms present. We take an in-depth look at everything that the platform has to offer.

What is

The legal name of is MCO Malta DAX Limited. It is a cryptocurrency payment and exchange platform. You can buy, sell, and pay with crypto. It is a platform that is very beginner-friendly. The firm was first started in June 2016 and is based in Hong Kong. The founders are Kris Marszalek, Bobby Bao, Rafael Melo, and Gary Or. It has been gaining popularity ever since its inception. hosts various cryptocurrencies on its platform. It also has its own native coin. It allows its customers to earn interest amounts by staking coins.

Is safe and legit? is very secured and regulated. It is a legit exchange platform. No hacks or frauds have ever been recorded since the platform’s inception. For US users, the fiat wallet balances are FDIC insured for a sum of up to 250,000 USD. It provides assurance and trust to use the platform. The platform has certain security protocols like two-factor authentication (2FA) and a 100% cold storage wallet accommodating user funds. It also has additional biometric verification, password, passphrase, phone and email verifications. is secure has a partnership with Ledger. It is one of the safest and topmost hardware wallet providers. There is a $100,000,000 insurance policy coverage on the cold storage assets. The exchange platform has certifications like ISO27001: 2013, CCSS, Level 1 Compliance, and PCI: DSS 3.2.1 to boast about its security. It is one of the very few cryptocurrency firms to attain all the certifications.

The cold storage has insurance coverage of 360 million USD. It includes indirect and direct coverage of physical damages, third-party burglary, and custodians. For protecting the hot wallet, the platform uses multi-signature keys and hardware security modules (HSM). The hot wallet consists of corporate funds. It holds a fraction of the total funding of firms that is enough for daily withdrawal requests from users.

For infrastructure security, has a partnership with Amazon Web Services (AWS). Some of its security features are:

  • Automatic encryption of the traffic
  • Controlled encryption with integrated Transport Layer Security for all services in transit
  • Web application and network firewall
  • Automatic threat detection
  • Real-time analysis
  • Logging and monitoring
  • Prevention of attacks and planning of business continuity during an outage

Other security features include:

  • Strict accessibility and control measures for hot and cold wallets
  • Top-notch artificial intelligence analytical tools
  • Dedicated team for the screening of the KYC process
  • Large transaction of fiat and crypto requires manual approval
  • Penetration testing during external audits from several possible attacks
  • Screening of all withdrawals to monitor any suspicious transactions in terms of volume and velocity

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User interface and trading platform offers a clean and intuitive trading platform. The interface is sleep and easy to decipher. The platform also provides indicators for analysis of the price and chart action. Tradingview provides the charting tools and software. Many traders are well-versed with it.


A drop-down menu is present on the top-right. It lets you view the other assets present on the interface to navigate. The interface does not clutter. Every trading pair price chart loads in an instant. Some trading exchanges struggle when a user tries switching from one chart to another. Luckily, is very efficient and hassle-free.

The interface also displays charts of recent trades for price comparison and analysis of the lowest and highest prices. It helps users in taking decisions related to the purchase and sale of the desired cryptocurrency. It also lets them analyze the volume and amount traded at every price.

The user finds it easy to place the order and proceed with the transaction by populating the specific price.

Services offered by

The platform lets its customers trade, sell, buy, and earn an interest amount on their cryptocurrencies. There is no desktop access. You can only utilize the services through the mobile app. Some of their notable services are:

  • Buy and sell cryptocurrencies
  • Transfer funds to other users of
  • Crypto wallet
  • Earn interest – staking platform
  • Visa card
  • com mobile app


The platform supports approximately 90 cryptocurrencies at the moment. Out of these, 50+ are available in the United States. Of these, only 22 are present in every state.

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(Risk warning: 78.1% of retail CFD accounts lose money) App

You can access the services of the platform through the mobile app of You can exchange, sell, buy fiat currencies, manage the VISA card, access to Crypto Earn service, access lending, credit pay for physical purchases, to name a few.

You also get to check your portfolio on the app. You can withdraw the coins to an external wallet, send the currencies to the exchange, and also deposit the coins and manage them using the app. The application acts as a personal finance guide for both crypto and fiat finance. exchange

The exchange is solely for crypto-to-crypto transactions. It targets only experienced users. You can access the exchange through the web platform. You can trade in more than 110 liquid markets using CRO, Bitcoin, and Tether USD base pairs. Furthermore, you also get to leverage up to three times the margin trade.

Beginners will find it harder to navigate through the exchange interface. Presently you can define limit, market, and advanced stop-loss/ stop-limit orders. The exchange users get a sneak into the lending services of They also get to participate in exclusive events that launch new coins, along with discounts. Exchange users get to participate in certain trading competitions to extract certain assets. If you use CRO tokens, you are automatically eligible for more discounts on trading fees.

CRO Coin ( coin) is one of the few platforms that mines its own cryptocurrency called CRO. Customers can use the Wallet App to pay for goods and services. You can also use CRO for trading.

The customers have the choice to receive payments in CRO and fiat or stable coins. They can also use CRO to swap or stake it for boosting the interest yield by more than twenty times the original value.

Earn interest while staking coins

Staking is the opportunity to lock the cryptocurrencies for an X period. In return, you get to earn interest in those coins. The amount of interest earned depends on the amount of time the coins are staked for. The interest is paid in the currency that the customer stakes and not in USD or fiat money. Earn feature

Crypto Earn is the feature that is present in to earn that lets you earn the interest amount. Crypto Earn is not accessible to people in Malta, Hong Kong SAR, and Switzerland. You receive a weekly payout on the interest amount that you earn. The app displays the worth of the staked coin at the time of payout.

When you lock your staked coins, there are certain terms that you need to select basis which the locking happens. It doesn’t matter whether the coin’s value goes up or down depending on the market trend. You will not be able to sell it. This can be both good and bad. It is good because it will help you avoid selling your coins in panic when the rates come down.

There are two fixed terms – one month or three months. There is also a provision of having a flexible term. The flexible term makes you earn the least, while fixed terms make you earn more. There are chances of you getting higher rates if you stake a minimum of 50,000 CRO. You get to earn an additional 2% by staking 50,000 or more CRO.

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(Risk warning: 78.1% of retail CFD accounts lose money)

Using your Cryptocurrency in the real world

One of the best features of is that the platform lets you use your coins in the real world.  Often, cryptocurrency owners are stuck to exchanging coins with other buyers/investors. You can buy physical goods and services by using your cryptocurrencies from the exchange platform. The reason why purchasing physical goods and services is possible is because provides the users with its platform’s Visa card services. You can store your coins in those Visa cards. However, the downside is that majority of the merchants refuse to accept cryptocurrencies as a mode of payment.

How does it work? converts your loaded coins into an equivalent value of USD and then transfers it to your card. In short, it automates the process for you.

Usability of the account

Visit On the homepage, you will find a link to download the mobile application. The app is both iOS and Android friendly. For signing up, you need to be at least 18 years of age. Once you are directed to registration, you will have to provide your identity proof. You need to present your full legal name, a picture of a valid government ID, and your selfie to prove your existence.

To get a hold of’s Visa card, you will have to provide your residence proof along with the latest utility bill for attachment. For an end-to-end verification process, it takes up to three business days.

Depositing money

There are 21 fiat currencies that supports. It includes BGN, AUD, CHF, CAD, ZAR, DKK, CZK, NZD, PLN, NOK, JPY, EUR, HKD, GBP, ILS, HRK, SGD, USD, HUF, SEK, and RON. You can deposit the money on the app using the following modes of payment (depending on the country that you reside):

  • Credit/debit card
  • Wire transfer
  • Bank transfer
  • PayPal
  • Transfer Wise
  • SEPA

In the United States, the most popular and efficient transfer mode is either a bank or a wire transfer. Bank transfer is cheaper and takes 3-5 business days to reflect the deposit funds.

Deposit methods

Using a wire transfer, a user can deposit up to 250,000 USD. It takes 1-2 business days to reflect in the system. You need a minimum deposit amount of 50,000 USD to avail of a wire transfer facility.

UNITED STATESUSDBank transfer (ACH)$20 per transaction$20,000$50,0003-5 days
UNITED STATESUSDWire transfer $5.000 per transaction$100,000$250,0001-2 days
CANADACADBank transfer (e-transfer)$100 per transaction$10,000$40,0001 day
AUSTRALIAAUDBank transfer (NPP)$50 per transaction$100,000$500,0001-4 days
AUSTRALIAAUDPayPal$50 per transaction$10,000$300,0003-5 days
SINGAPORESGDXfers$50 per transaction$50,000$500,000Instant

Trade more than 100 different cryptocurrencies CFDs on professional platforms:

(Risk warning: 78.1% of retail CFD accounts lose money)

Mco Visa Cards of

On the basis of your requirements, has several tiers of Visa cards.

Midnight Blue Card

It is a beginner-level card offering you a cashback of 1%. You don’t have to stake any MCO tokens. There is a $200 withdrawal limit. Additionally, ATM withdrawal and interbank fees of 2% and 0.5% are applicable. You have the liberty of exchanging up to $2000 at zero cost.

Ruby Steel Card

You have to stake a minimum of 50 MCO tokens to be eligible for a ruby steel card. It gets you a cashback of 2% and 0.2% on the card and wallet, respectively. You get an exchange limit of $4000 and a withdrawal limit of $400. You have an opportunity of earning a referral bonus of up to 10%.

It is inclusive of the additional $20 that you get for referring up to five new customers. You also stand a chance of a 50% investment fees discount.

Jade Green/ Royal Indigo Card

You need to stake a minimum of 500 MCO tokens to qualify for the jade green/ royal indigo card. You are eligible for a cashback of 3% and 0.4% for the card and wallet, respectively. Likewise, you have a withdrawal limit of $800 and an exchange limit of $10,000.

You can also earn a referral bonus of up to 15%. It is inclusive of the $40 you earn for referring ten new customers/users. An owner of the jade green/ royal indigo card also gets access to the Lounge Key airport lounges.

Icy White Card

You need to stake a minimum of 5000 MCO tokens to get access to an icy white card. You get a cashback of 4% and 0.8% on the card and wallet, respectively. The referral bonus shoots to 20%, which includes $80 for referring 50 new customers.

Obsidian Black Card

It is the topmost card available. You need to stake a minimum of 50,000 MCO tokens to unlock the benefits. You get a cashback of 5% and 1% on the card and wallet, respectively. Not only that, but you can access a $1000 free transaction limit. You also earn a referral bonus of up to 25%, including $100 for referring 100 new users.

Card Rewards

Reward system offers several card tiers. Every tier has a separate amount allotted to the CRO reward. The reward is dependent on the CRO amount that is staked on the card. You are eligible for rewards only when you spend the CRO using’s Visa card.

The Visa card also provides credit for subscriptions on platforms like Amazon Prime, Spotify, and Netflix in some locations. You get a chance to earn an 8% reward (it is the highest reward rate) when you stake more than five million CRO.

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(Risk warning: 78.1% of retail CFD accounts lose money) fees has a defined fee structure for all its services. On a 30-day trading volume, the maker fee can depend on between 0.036% and 0.10%. The taker fee ranges between 0.09% and 0.16%.

LEVEL 10 – 250,0000.100.160.090 / 0.144
LEVEL 2250,001 – 1,000,0000.090.150.081 / 0.135
LEVEL 31,000,000 – 20,000,0000.080.140.072 / 0.126
LEVEL 420,000,001 – 100,000,0000.070.130.063 / 0.117
LEVEL 5100,000,001 – 200,000,0000.060.120.054 / 0.108
LEVEL 6200,000,001 and above0.040.100.036 / 0.090

For every cryptocurrency, the maximum and minimum withdrawal fees differ.

VIP clients have exclusive trading perks and incentives apart from the discounts from the volume-based trading fee.

VIP 1>1% of exchange volume0.020.04
VIP 2>2% of exchange volume0.010.03
VIP 3>3% of exchange volume0.000.02

For more information, you can check the fees and limits on

Here is an example of the withdrawal fees for some cryptocurrencies on the platform.

BITCOIN (BTC)Free0.0030.0004
LITECOIN (LTC)Free0.050.001
ETHEREUM (ETH)Free0.020.005
RIPPLE (XRP)Free25.01.0
TETHERUS (USDT)Free18.09.0
MCO (MCO)Free1.00.2
EOS (EOS)Free3.00.3
USD COIN (USDC)Free18.09.0
COSMOS (ATOM)Free2.00.1

There are zero fees for depositing any coin. For withdrawals, charges a standard fee.

Trade more than 100 different cryptocurrencies CFDs on professional platforms:

(Risk warning: 78.1% of retail CFD accounts lose money) customer support

There is an instant chatbot facility available on the homepage in case you have any queries. You type in your doubts, and the support team gets in touch at the earliest. There is also an FAQ section on the app which answers all possible questions that you can have regarding the platform and other features.

Final thoughts of the review: efficient platform with a great reward program is surely an efficient and secure platform in the cryptocurrency space with a vast number of offerings. Their exclusive Visa cards are an added benefit that helps you save costs in the long run. The user-friendly interface makes you navigate the space without any confusion. The mobile app is convenient, and you can trade on the go.

The wide range of cryptocurrencies (90+) lets you have a plethora of choices for your investment and trading purposes. The new users receive incentives and also the old users via the referral programs. It includes having no trading fees, which is advantageous for traders of high-frequency exchanges. The platform is beginner-friendly and easy to use. The registration is a few simple steps, and you are good to get started. Review

Review of the crypto exchange

Andre Witzel logo
Regulation & safety
Reward program
Customer support

Summary is a secure and recommendable crypto exchange


Trade more than 100 different cryptocurrencies CFDs on professional platforms:

(Risk warning: 78.1% of retail CFD accounts lose money)

FAQ – The most asked questions about :

Can you pull your money out of

Yes, you will be able to make withdrawals at any time from the account. You can make USD withdrawals by selling cryptocurrencies to USD wallets and then using the ACH system to transfer the wallet’s USD earnings to a U.S. savings account.

Does charge for depositing funds? 

Yes, you will have to pay some amount for doing transactions with since deposits to the exchange are an on-chain transaction that allows you to transfer crypto from an external bank source, that is, a wallet or other exchange. Therefore, maintaining a blockchain transaction needs capital, and so charges a fee just like other crypto exchange platforms. 

What is the highest withdrawal amount from

On a 24h rolling basis, you can withdraw a maximum amount of BTC 10 or equivalent for all types of cryptos. For other information regarding fees and transaction limits, you can visit the official page of and clear your doubt. 

Does tax when you sell?

No matter if you wish to sell or earn any cryptocurrency, you cannot get rid of the taxes. When you report your transactions in USD, it means the cryptocurrency is getting converted to dollars while you sell, buy, mine, use or earn it. 

More articles about Cryptocurrency exchanges:

Last Updated on January 27, 2023 by Arkady Müller