Today we will talk about the Cryptopia exchange. In this article, we will talk about how a user can open an account on the Cryptopia exchange, its merits demerits, fees, public opinion, and how a user can trade via Cryptopia exchange and in the end answers to frequently asked questions from the user’s point of view. As there is a competition of exchanges in the market of cryptocurrency nowadays, Cryptopia is also one of the competitors used by many people for digital trading currencies. Cryptopia exchange has many advantages one of them is it supports many cryptocurrencies so; a trader has a choice from the list of currencies as compared to other exchanges. It offers PutinCoin, MagnetCoin, and something known as King93 from the list of digital assets. Not only the exchange has a wide range of assets, but it also offers direct exchange between the various popular currencies such as Ethereum, and Litecoin. The feature of direct trade between different digital coins so, now a user can directly transfer funds and there is no need of converting everything into the Bitcoins first before converting them into another cryptocurrency. Cryptopia exchange does not have any record related to hacking. Some users reported that their accounts are tried to be hacked, but it is normal and obvious with the cryptocurrency exchanges hackers used to try to hack them. It is advisable for the users to use two-factor authentication to secure their accounts. Cryptopia offers mid-range fees not so high like Poloniex and not so low like Binance. So, a professional user can trade via Cryptopia exchange because the fees are reasonable and it provides some trading options. It is a New Zealand based exchange users around the world can use it for trading purpose. A user can deposit funds into the account via cryptocurrencies, and native people can also deposit funds via bank account so, Cryptopia is one of the well-known exchange for cryptocurrency exchange.
Related reading, see: Top 10 Best Bitcoin and Cryptocurrency Exchanges 2018