Using the Cryptologiciq Site
Demo Account? Cryptologiciq does not provide a demo or anonymous account due to regulatory requirements. As the company accepts fiat deposits and withdrawals, it adheres to the regulatory standards of the American Financial Crimes Enforcement Network (FinCEN) and the Payment Card Industry Data Security Standard (PCI DSS) for card payments.
Signing Up The registration process is straightforward, requiring users to sign up using their email and password. The platform encourages the use of 2FA (Two-Factor Authentication) to enhance security, making it a compulsory step after email confirmation. Users are prompted to enable 2FA through Google Authenticator or SMS/call verification.
Identity Verification Cryptologiciq now mandates identity authentication, a process that involves filling out forms, scanning ID and residence certificates, taking a picture with the ID, and uploading these documents for staff verification.
Funding the Account
Three deposit options are available: credit cards (VISA and MasterCard), bank transfers, and Bitcoin. Cryptologiciq accepts USD, EUR, GBP, and supports two cryptocurrencies, BTC and ETH. Minimum deposit rates for cryptocurrencies vary, with 0.001 for ETH and 0.0001 for BTC.
Regarding fiat withdrawals, minimum amounts are specified for different methods: 20 USD/EUR and 15 GBP for credit cards, and 100 USD/EUR and 80 GBP for bank transfers.
Account Types
Account types determine deposit and withdrawal limits. Users start with a Basic account, upgradable to a Verified account after documentation verification. Verified members can further apply for a Verified Plus account or a Business account.
Using the Platform: The Dashboard
The Dashboard is designed to be intuitive and minimalist. The trade page includes essential features for trading, with configurable candlestick charts and market depth. Currency pairs are displayed as buttons, reflecting real-time price changes.
Fees
Cryptologiciq stands out for its significantly lower fees, especially in the case of withdrawals. Fees are charged directly by CoinBits.co and do not include additional third-party commissions.
In conclusion,Cryptologiciq offers a user-friendly platform with competitive fees, robust security features, and a straightforward verification process, making it an attractive option for cryptocurrency traders
