What I love Crex24 for

By Jelly Fish | cryptofun | 3 Oct 2019


Crex24 is a Cyprus-registered crypto-exchange ranked #68 at Coingecko with a daily trading volume of about 300 BTC. It's a nice middle-sized exchange with all main trading pairs, a good number of altcoins, simple rules, reasonable fees and a clean interface. And it has two and a half little features you can hardly find on many other exchanges.

Feature 1: maker's rebate

"Maker's rebate" means that if you place your order (no matter buy or sell) at the order book and your order is executed -- you get a rebate of 0.01% of the order's volume in quote currency. In other words, if you don't buy or sell your coins immediately but let your order stay in the order book for some time -- the exchange pays you a small compensation for your risk and patience.

The size of the rebate (0.01-0.05%) depends on your monthly trading volume. 0.01% doesn't look that much, but think it again -- it's what the exchange pays you, not charges you.

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Note the rightmost column -- it's the rebated amounts calculated in quote currencies (i.e. the second currency in the pair).

Feature 1-1/2: counted decimals

Note the rightmost column again -- you may see there amounts as little as 0.000'001 satoshi i.e. 0.000'000'000'000'01 BTC (sorry if I missed a couple of zeros here). Such small amounts may not be displayed on other pages, they can't be traded or withdrawn -- but they count towards the balance! If you have a lot of tiny rebates -- at the end of the day you'll have your 1 sat. Such accuracy moves me!

Feature 2: coin burning

Sometimes a coin can't be traded "normally". There're no orders, or the amount is too small, etc. On many other exchanges, you have such coins sitting at your balance with no use. On Crex24 they can be "burned" -- automatically converted into the exchange's native Crex token.

Later you can trade the crexes for BTC, ETH, fiat, or use them to pay withdrawal fees for some coins.

Feature 2-1/2: built-in faucet

Crex24 has a nice built-in faucet with altcoins. Sign Crex24 up to see and test it yourself. Of course, like any other faucet, it doesn't pay much, but if you spend all day trading -- considering the features above, you can well click much of your trading fees back.

 

Actually, with these 2-1/2 features Crex24 is a unique gem for a faucetter -- and that's what I use it for. Show me another exchange with similar features together and I will highly appreciate it.

 

Disclaimer: I'm not an employee or owner of any crypto-exchange. This article is informational and not financial advice of any kind. I myself own assets at Crex24

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Jelly Fish
Jelly Fish

Cryptofreak


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