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CryptoDerivatives

4 from 1 vote
Decentralized

Fees

Taker fee

Maker fee

Withdrawal fee

Funding methods

Wire transfer

Credit card

Other crypto

US investors permitted


CryptoDerivatives Review

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 CryptoDerivatives consists of four parts: general information, fees, deposit methods and security.

General Information

CryptoDerivatives is a so called “decentralized exchange”. Decentralized exchanges are becoming increasingly more popular. They are definitely gaining market shares against their centralized counterparts. One decentralized exchange that has grown very big lately and that you should also check out is Mercatox.

Decentralized exchanges do not require a third party to store your funds. Instead, you always directly control your coins and you conduct transactions directly with whoever wants to buy or sell your coins. Decentralized exchanges normally do not require you to give out personal information. However, decentralized exchanges as opposed to regular top crypto exchanges normally have an order book with lower liquidity than the regular top crypto exchanges.

CryptoDerivatives Fees

The fees at CryptoDerivatives are a bit complex to calculate. This is due to the fact that the exchange offer other services than most regular cryptocurrency exchanges. These are the fees:

Role Action Gas Cost ETH Cost USD
Taker Buy Token 40,874 0.000817480 $0.0083
Maker Create Sale Contract 761,317 0.031213997 $0.3200
Maker (De)Activate Contract
Maker Add Tokens To Contract 51,720 0.001034400 $0.0100
Maker Withdraw Ethers From Contract 30,516 0.000610320 $0.0062
Maker Withdraw Tokens From Contract 39,504 0.000790080 $0.0081
Maker Withdraw Other Tokens From Contract

These fees should be considered as competitive.

We have not been able to find CryptoDerivatives’s withdrawal fees. This is potentially a risk for you as an investor. If they are not informed of anywhere we believe there is a higher risk that they are high).

Deposit Methods

CryptoDerivatives does not accept any other deposit method than cryptocurrencies. It is not really a good place to start for a new crypto investor. If you regardless would like your first crypto trading experience to be at CryptoDerivatives, you will first have to purchase cryptocurrencies from another exchange and then, as a second step, deposit them here.

Security

CryptoDerivatives’ security score is F, when performing the test at Observatory by Mozilla (https://observatory.mozilla.org/). This is below industry average when it comes to top crypto exchanges.

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If you have concluded that this is the exchange for you, congratulations! Go for it. But if not, please use our Exchange Finder here to find out which exchange has the best cryptocurrency exchange site for you.

Good luck!

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