Bitcoin and Ethereum are two topics that are being discussed heavily for a very long time now. After a very long time now, people have finally started trusting for gaining higher investment returns. We all are well aware of what mixed reaction crypto met when it was first introduced. I have been crypto exchanging for a very long now and I am one of the few investors who were ready to give it a shot early on because I could see the immense potential. I have seen this currency come back from extreme lows and get down from highs. I hear people talking about how bitcoin is seeing a huge decline these days but I want to tell them all that I have seen bitcoin survive even huge shocks and get back up.
I believe this is what we call the beauty of crypto and this is something that other currencies lack. In a moment you can be a billionaire and in another, you are rapidly heading towards huge losses. Not many people are ready for the rollercoaster ride but the ones who are passionate about it never stay away. It is not only passion, in fact, crypto is one of the most promising areas if things remain well. But one thing which has made crypto very difficult is the presence of fake Crypto exchanges. If you are new to the area then you probably have no idea how damaging these have been not only to the young lot but also to the experienced and seasoned ones.
Although now I think I have achieved pretty much all that I dreamt of, young exchangers come to me and I keep telling them how they should not lose patience because these days more or less all exchangers have to go through the skilful traps laid by these firms. I have spent around 5 years of my career looking for the right exchange firm. I cannot forget how I reached a point where all firms seemed fake to me and I was not willing to trust anyone with whatever little I was left with. Now it makes me laugh, but back then a very old friend of mine told me about Cryptme. I heard the name and said if you think it’s a nice exchange we need to change the subject. He was shocked at my reaction but gradually he succeeded in convincing me to look at the website at least.
I was convinced this one is another fake firm but looking at the website made me feel good about this exchange. I remember the short note at the bottom of the webpage which said that the firm was registered with the Australian authorities. They had also mentioned the license number and the exact location which made me realize that this is a lot of transparency for a Crypto exchange. I quickly checked with the Authority office to see if it was actually registered and turned out that it was.
That was the day when I felt good about my future after so long. I could see that I and Cryptme had a very long way to go. And today it has been more than 5 years that I have been working with Cryptme and they have always made me feel good about making the right choice. Today when I see so many young traders going back home empty-handed, my heart aches and I want to tell them all about Cryptme. And this is the only reason why I have decided to review this company.
I want to make it clear beforehand that Cryptme has been a great Crypto partner for me and I hold a very good opinion about it but I want to make it clear that it is not necessary that all traders agree with me fully or partially. It is so because traders accept a lot from their forums and it is not always very easy to keep up with the diverse demands. The review below will be a reflection of what I have found the firm like over this time period.
Overall Experience
Ok, so the overall working experience with the firm was great. Cryptme has never failed to impress me with its quality service. If you have been studying or trading crypto, then you must have heard about an optimal working environment. Provision of an optimal environment is no child’s play because it takes a lot. When all the factors come together only then they fully assist the exchangers so that they come to well informed and thoughtful decisions. Before joining this forum, I had been to many others and hence I scrutinized this one way more than any previous ones. It was their impeccable service that won my heart. However, there are some minor flaws that I will be discussing as we proceed. None of these has ever hindered my exchanging process but if they get addressed then it will make the company a lot better and suitable for many more traders. I would like to give it a 4.6/5 for my overall experience.
Now let’s talk about the specs and the drawbacks to explore more about it.
Highly Satisfactory Security Measures
We have an idea about the importance of taking the right security measures. The soaring rate of cybercrime and scams is attributed to the rapid advancements in the methods and equipment that hackers employ. If firms fail to keep up then the assets of users will be forever vulnerable to external threats. Cryptme has always been proactive in this regard. They keep updating their security networks and keep investing in the area to make it more suitable and free of loopholes. I like how they work on both ends and keep guiding the exchangers to make sure they remain vigilant about what devices to use, how to log in and other important aspects that should be taken care of. I cannot give Security any less than 5/5.
A Wide Range of Currencies Supported
The more options you give your customer to pick from, the happier and satisfied they are. This is one simple rule for any business and Cryptme seems to be very well aware of this and hence they offer the exchangers to make deals using 5 different fiat currencies and you can buy 3 different crypto which includes Litecoin apart from Bitcoin and Ethereum. Although there is a margin of improvement, I have seen and found this a good range in comparison to that offered by competitors. I want to let you all know that one of the major reasons behind a small number of Cryptos is that all of them do not have access to blockchain and this makes them less stable. The firm cares for your hard-earned money and hence keeps from introducing options that are potential threats to you and your assets. I have seen many fake firms add up tons of currencies and traders end up losing millions.
Hassle-free Registration
The next thing we want to talk about is that the company has always kept the procedures very simple to facilitate the traders. The registration process is one example. All you need to do is fill up a very small form and provide basic yet relevant information and then get your account verified. Once it is now you are ready to buy and sell crypto of your choice. A lengthy registration process is no less than a headache. The registration process gets a 4.3/5.
Blog Not Updated Often
I have always been an exchanger who wants to know what’s going on around me because it helps me understand the trends very well. The introduction of a blog section was a great idea because this way we do not need to rely on any external sources of information to make the right choices. I have always loved how the blogs are very informative and the tone is very conversational which doesn’t make you feel bored or dull. The topics are also relevant and to the point but I have seen that the blog’s section is not updated very often. Whenever a new article comes, I try to read it as soon as possible and make sure my decisions are in line with the information provided but sometimes there are huge gaps and that does not make me very satisfied. I think the firm should be paying more attention to this part. I will give it a 3.5/5.
Conclusion
Cryptme is an exchanger which knows what to serve them with and this is not something common among the Crypto exchange firms online. I have already discussed how it has its own set of flaws and shortcomings but despite these, I do not plan on switching to a new one because I feel that the firm serves the purpose well. If you are someone who wants the job done well, you can look into this firm.
Disclaimer: This review is written from my own experience and my self-knowledge only and this is not a recommendation.