Cryptology is a widely known website and mobile app based online exchange for trading digital assets. In this short review of the platform, we will quickly look at the highlight facts, pros, and cons of Cryptology. Let’s get started.
Cryptology as a Digital Trading Platform
Cryptology has been around since 2017, but it started coming into prominence in 2018. As of 2022, trading is supported on the spot exchange for all major cryptocurrencies and most of the smaller ones as well. Although the list is not likely to be comprehensive, users can expect to be able to spot trade in Ethereum (ETH), Litecoin (LTC) Bitcoin (BTC), Bitcoin Cash (BCH), United States Dollar Coin (USDC), Litecoin (LTC), Tron (TRX), ZCash (ZEC), Verge (XVG), Polkadot (DOT), and DAI at least.
Any trader can sign up on Cryptology and fill out their form to start an affiliate partnership with the digital trading platform. The commission rates are exceptionally high on spot trading at 55%, but that will come down to 50% post June 30. The same applies on the 35% commission rate listed for the futures exchange, which will come down to 30%. Affiliates can also earn 10% commission on earned interest and sub-affiliates from their referrals.
It is difficult to recommend crypto trading platforms with complicated user interfaces to someone who is new to the trade. At the same time, it is also difficult to recommend a cryptocurrency exchange to an expert trader because the simplicity does come at the cost of control. Cryptology on the other hand is an easy recommendation to both parties because the interface can be as detailed or as simplistic as the user needs it to be.
A friendly user interface won’t amount to much if Cryptology did not have the tools to back it up. After all, people do not trade in cryptocurrency purely for the ease of it! Even if the investor does not understand the market completely yet, they will still expect to gain something from the investments they make. This is something that the exchange manages quite well by providing new traders with the option to use automated strategies that change in response to market conditions automatically. Cryptology’s strategies are well known for helping clients maintain high liquidity in tight spreads, so the chances of profiting are appreciably high even for new traders with little understanding of the crypto trade.
If anyone new to the trade wishes to use the futures exchange, buying stablecoins is a comparatively safer bet. Cryptology offers a very high 15% APY to clients investing in stablecoins (USDT, USDC, DAI, EURS) so that is recommended unless you know how to work with leverage. It is true that you can get a very high leverage from Cryptology (100 times the trade). Experienced traders with a solid market strategy can effectively use that leverage to create massive profits for themselves. The AI-powered grid bot tool, as well as the number of available references are quite extensive on Cryptology.