Introducing our new CEX - Crex24

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    November 3, 2019 at 05:45
    Hello everyone!

    We are happy to share our first new CEX with you. There are many great benefits with this project ( within some restrictions ) and although it is not a large exchange, we believe it is a great place for us to start expanding our CEX presence.

    Introducing Crex24
    XBY is now trading on CREX24 exchange! Founded in 2017, CREX24 is a cryptocurrency exchange based in Tallinn, Estonia. The premise of CREX24 is that an exchange should offer a wide variety of tokens, not simply the most popular cryptocurrencies. As such, CREX24 offers several rare cryptocurrencies typically not found on major exchanges. Listed below are some of its notable features:

    Fiat Exchange Gateway
    CREX24 provides fiat-crypto trading, making it very user-friendly exchange for XBY investors. Traders can make deposits via bank transfers, credit cards, and existing cryptocurrencies.


    Market Maker Trading Rebates
    Like most exchanges, CREX24 charges a nominal fee for BTC withdrawals. As explained below, these fees may be discounted with market maker rebates and referral bonuses.

    CREX24 currently has a limit of 31.5 BTC per withdrawal. They charge a nominal fee of 0.0005 BTC per withdrawal.
    However, CREX24 offers what they call market maker rebates. The company’s fee page explains it this way:

    CREX24 withdrawal fees can also be discounted via referrals. Users who peruse the website will come across the following message:

    Note: You need to login to view this message.
    Trading Interface
    The trading panel of the exchange is designed to be intuitive and practical, thus enabling the average XBY trader to use their services with ease. They also offer a night-mode version of their website.

    Traditional Version of the Crex24 Trading Platform
    Night-mode Version of the Crex24 Trading Platform
    Security Features
    To safeguard deposits, CREX24 uses two-factor authentication (2FA) as well as encryption. User verification is provided as an option, but is not enforced as of today.

    The website doesn’t enforce user verification at this point in time.
    Important Caveat
    Unfortunately, access by residents and citizens of the UK, USA, Canada, and Israel is limited. Investors from these countries who attempt to do so will receive the following screen:

    Users encounter this screen when accessed from unsupported geographical locations.
    People interested in trading XBY can visit the Crex24 exchange by visiting its website and Twitter account. The CREX exchange currently has two active licenses issued by the Estonian government:
    – Providing services of exchanging a virtual currency against a fiat currency [License: FVR000274].
    – Providing a virtual currency wallet service [License: FRK000232].
    Additional details pertaining to the company owners can be found here.

    You will also find information regarding the Crex24 exchange on the CEX section of the XTRABYTES official website.

    Related Exchange and Trading Information for XBY.
    As many of you know, XTRABYTES is a strong proponent of Decentralized Exchanges, as can be seen in the following blog posts:
    DEX – An Emerging Necessity
    Our WAVES DEX Gateway Launches

    With that said, it is also important to mention that we do understand all the benefits currently associated with Centralized Exchanges, such as Crex24. Although Crex24 is a smaller exchange, it is one that fit well with our current situation and we feel confident in their ability to provide quality services.

    However, it should go without saying that all Centralized Exchanges come with a level of risk that XTRABYTES will not be held accountable for. It is entirely up to you, to ensure that you limit the risk you present yourself with during trading activities on Crex24 or any other exchange.

    The key rule of thumb: do not use an exchange as your wallet to hold coins you do not intend to trade immediately or at least within a reasonable time frame.

    The XTRABYTES™ Team
    Johan V likes this.