One of the most interesting and popular additions that have been to the world in the last decade is that of cryptocurrencies. Satoshi Nakamoto introduced the first cryptocurrency called Bitcoin in 2009 and that started a trend that no one could have predicted. Today, it has become a full-fledged market that comprises of thousands of cryptocurrencies and people have made massive returns from this space. But, to be able to buy and sell cryptocurrencies, you need a crypto exchange. There are plenty of them that exist nowadays and CryptoPayin is one of the names on the list.
However, you don’t sign up with any exchange without really knowing its ins and outs. After all, there have been scam and fraudulent exchanges, not to mention shoddy ones that have exposed people to cybersecurity risks and huge losses. So, how does this one fare? You need a CryptoPayin review to tell you. Read on to find out.
First and foremost, you will find that CryptoPayin was founded in 2018 and it is not just random company operating in the market. This exchange was launched by Navasu OU and has a registered address in Tallinn, Estonia. It has established a strong reputation fairly quickly through its services, enough that its operations are now available in more than 34 countries around the world. This is definitely not a small accomplishment, especially considering the tough competition in the market.
Array of cryptocurrencies
One of the topmost priority of anyone looking for a crypto exchange should be for one that gives you access to an array of cryptocurrencies. You don’t want to have to sign up on multiple exchanges when you want to buy different cryptocurrencies. Not only is it a waste of time, it is also difficult to manage your investments and can result in losses you don’t want. Luckily, you can avoid this issue with CryptoPayin because they provide their clients with access to a variety of options on their platform. You definitely don’t need to stick to the same few options and can diversify with more than 15 options to explore. These include Bitcoin, Litecoin, Ethereum, Bitcoin Cash, DASH, Ripple and Monero, amongst others.
Robust security measures
It is a well-known fact that the cryptocurrency market has become a target of cybercriminals, given that these digital currencies are unregulated and decentralized and there is a lot of money involved. Numerous exchanges have been hacked and people have had their digital assets stolen, or their data compromised. To prevent these disastrous consequences, robust security measures have been implemented by CryptoPayin on their platform.
They have opted to protect the customer data they are entrusted with through the use of advanced SSL (Secure Socket Layer) encryption. All website traffic as well as personal and confidential data is encoded straight away to prevent any exposure. As for fund protection, customer account segregation is implemented and the money is deposited by CryptoPayin with top financial institutions and banks.
Most importantly, you will find that the KYC (Know-Your-Customer) and AML (Anti-Money Laundering) policies are also applicable at CryptoPayin and these add more security. As per these policies, proof of identity and address is required from those signing up on the exchange in order to verify their accounts, thereby preventing cybercriminals from using it.
Reliable customer support
Customer support can often be the difference between profits and losses. If you encounter a problem, you need immediate help to overcome it, or else you may not be able to trade properly. Bearing this in mind, 24/6 customer support is provided to its clients by CryptoPayin via different channels. You can get in touch with their team through an email address, or a phone number. There is also an online contact form provided, which you can fill for scheduling a contact.
With the help of these features, CryptoPayin can provide all its clients with easy access to the cryptocurrency market and give them a chance to enjoy high profits.