OVERALL SCORE
4
☆☆☆☆☆ 4/5
Main Features
- Regulated in Europe
- Offers unlimited transfers
- Trade 50+ cryptocurrency pairs
- Quick turnaround on KYC approval
Exchange Point is a simple-to-use crypto-focused platform that’s licensed and regulated in Europe. Their sign-up and verification process is quick and painless, there are no transfer limits, and you have over 50 pairs to trade — that’s why we’ve given it a solid 4 stars!
Pros and Cons
PROs
- For an all-crypto broker, you can deposit fiat
- Under EU-licensed and regulated parent company
- Smooth and transparent from sign-up to your first trade
CONs
- Wallet must be verified to transfer crypto
- Exchange fees, transfer fees, and spreads add up
- Some cryptos’ minimum transfer amounts are high
Getting started
Step 1
Click the Register button and enter
- An email address
- Your mobile number
Select a password, check boxes and Submit.
Step 2
You will have to verify your email to proceed — check your emails and click the button/link
Step 3
Once your email is verified and you can login, you must complete the onboarding process
- Complete your profile: first name, last name, date of birth, gender, and address
- Fill in the questionnaire
- Submit your documents: you need a bill or bank statement and any government ID
Step 4
Approval of your documents will then unlock the BUY and SELL tabs, and you can proceed to fund your account with fiat or using your wallet (which you will need to verify first too)
What can I trade?
- Augur (REP)
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Dash (DASH)
- Dash Instant
- Dogecoin (XDG)
- EOS (EOS)
- Ethereum (ETH)
- Ethereum Classic (ETC)
- Gnosis (GNO)
- Iconomi (ICN)
- Litecoin (LTC)
- Melonport (MLN)
- Monero (XMR)
- Ripple (XRP)
- Stellar (XLM)
- Tether (USDT)
- Zcash (ZEC)
Fees
- Variable spreads apply on trading pairs
- 5% exchange fee for fiat to cryptocurrency
- 1% exchange fee on cryptocurrencies
- 0.2% fee for wallet transactions
