Exchange Review 2022 - Deposits, Verification, Referral Code Exchange Review 2022 – Deposits, Verification, Referral Code

In this exchange review 2022, we will cover deposits, withdrawals, referral code, verification and more. exchange is one of the top Bitcoin and altcoin trading platforms, especially that allows US citizens.

Its important to understand that consists of two applications. First, there was the desktop exchange with advanced trading features and Supercharger on one hand and the mobile app with the VISA CRO card, spot trading and the earn feature.

However, nowadays the exchange has also launched a mobile application and some features are accessible on both platforms like Supercharger. Still, some features are note accessible from both platforms like the CRO VISA card.

In this article, we focus on the exchange which is nowadays both the desktop trading version and the new mobile application. Exchange Verification Requirements

We list the exchange verification requirements. To be able to deposit, withdraw and trade crypto you will have to pass the advanced level verification which requires

Required Information for verification:

  • First and Last name
  • Nationality
  • Date of Birth
  • Email
  • Mobile number to receive a one-time passcode (OTP)
  • ID Submission
  • Photo

It’s possible to connect your app account to the exchange account and duplicate verification procedures are not necessary. The majority of App users who connect their account to the Exchange will be at this verification level. Exchange Deposits Methods for Fiat

You can deposit USD to exchange via bank transfer from your bank and receive your funds in USDC at a 1:1 ratio Exchange users can now easily transfer U.S. Dollars from their bank account via SWIFT, and receive their funds in the USD Coin (USDC) stablecoin.

1. To make deposits, you must first have a KYC-approved account. 

2. Log in to the Exchange, and click on the Dashboard

3. Here, click on Bank Transfer

4. Set up bank account deposits by submitting your bank information and billing address.

5. It can take up to 3 business days to review and verify your submission. You will be notified once your bank account is verified.

6. When the USDC deposit option is enabled you can use the provided deposit information to transfer USD from your bank account, and receive the funds in USDC at a 1:1 ratio. Exchange Trading Fees

Below you can find the basic exchange trading fees. These can be reduced if you acheive higher trading volumes based on 30 day average trading volume.

In addition, you can receive lower trading fees if you stake CRO tokens in the exchange application. See this article, for all information regarding spot and derivative trading fees and discounts. Spot Trading Fees Table and levels Derivative Trading Fees Table and levels Exchange Crypto Markets and Volumes

In the table below, you find some interesting information regarding markets and trading volumes on While 1.3$ Billion in 24h trading volume might not tell you much this is on the 18th place among all crypto leverage trading platforms has 178 coins accessible on the platforms and 283 markets. The reason why markets are more than coins are simply because one coin can trade several markets. For example, BTC/USDT, BTC/USDC, BTC/ETH and more. Crypto Markets and Volumes Table

What is the Exchange Referral Bonus

In the table below, you can see the referral code bonus rewards and requirements.

  • Bonus: Signup bonus paid in CRO equal to $10 or $50
  • Stake: CRO staking requirements to be eligble for the sign up bonus
  • Verification: KYC requirements for the sign up bonus
When you are staking CRO in the exchange you will benefit from lower trading fees and 10% APR staking rewards paid out on daily basis.

What is Stake and Earn?

The stake and earn feature let you earn 20% on your CRO holdings.

Yes, 20% which is incredibly high. If you get 20% APY on your holdings you will double your holdings every four year and on top of this the CRO value is steadily increasing against the USD (so far).

There are two different staking oppportunities

  • CRO staking
  • Soft staking

On top of this, the CRO staking comes with a lot of benefits.

  • Earn Rebates
  • Earn Interest
  • Participate in the Syndicate (read more below)
  • Pay rewards
In the screenshot below from exchange you can see the Stake and Earn page. Also, you see the benefits listed in the page. Exchange VS Kraken Trading Platform

Both and Kraken allow US citizens and crypto trader to sign up and use their platforms. Therefor, we decided to compare exchange VS Kraken exchange, side-by-side. As you can see in the table below, we covered

  • Markets
  • Trading Fees (Starting at)
  • Deposit methods and fees
Read more about Kraken in our Kraken exchange review. logo
Kraken logo