A trading cryptocurrency guide must provide reviews of all of the top crypto exchanges out there, so that you can find the best cryptocurrency exchange site for you. This review of CryptalDash consists of four parts: general information, fees, deposit methods and security.
CryptalDash is one of the newest cryptocurrency exchanges from Ukraine (launched in July 2018). Many Ukrainian exchanges have launched prior to this one. The one with the highest rating among our visitors is currently BTC Trade UA that has been up and running since May 2014. Other exchanges from Ukraine include Liqui, Stocks.exchange and Kuna.
Neither Chinese investors nor US-investors may trade here. If you’re a US-investor, you can always use our Exchange Finder to find out which trading platforms that you are allowed to trade at.
This exchange primarily supports trading in the following cryptocurrencies: Bitcoin, Ethereum, USDT, Dimecoin and the exchange’s own token CryptalDash. The exchange will presumably add more cryptocurrency trading pairs in the future.
The exchange states on its website that you can choose to either trade at CryptalDash, or via integrated third party exchanges (such as Binance, Poloniex, Bitfinex and Bittrex). At the date of writing this review (20 November 2018), these were the prices offered on Bitcoin and Ethereum on the abovementioned exchanges:
As is evident from the above picture, the prices were for some reason substantially higher on CryptalDash, thus benefitting the sellers but not the buyers of the relevant cryptocurrencies. The reason for the price differences remains unclear to us.
CryptalDash Trading fees
Apparently, the trading fees here are an incredibly low 0.03%. Please note though that this is the information we have received, and that it has not been verified by actual trading at the exchange. 0.03% should be compared to the global industry average (being 0.25%), which is more than 8 times higher.
CryptalDash Withdrawal fees
The withdrawal fees at this exchange are – in contrast to its trading fees – somewhat on the high end. When you withdraw BTC you have to pay 0.002 BTC. The global industry average BTC withdrawal fee is 0.0008 BTC, so in this respect CryptalDash charges 2.5x more than average.
This trading platform offers wire transfer as a deposit method, but you can’t deposit via credit card. If you need to find an exchange also offering credit card deposits, you can always use our Exchange Finder or the filters in our Cryptocurrency Exchange List.
We run all exchange-websites in Mozilla’s Observatory-test (https://observatory.mozilla.org/). The score in such test is one of many indicators of the exchange’s security. CryptalDash only received an F-score in this test. This is below industry average and is thus not a competitive advantage at all for this exchange.
Low trading fees are indeed very important for any prospective cryptocurrency investor. All of the following exchanges also – like the above exchange – have very low trading fees (some of them don’t even charge trading fees at all):