UPDATE 1 September 2020: We have not been able to access the website of this exchange lately. Usually when this happens, without any preceding information on system maintenance or upgrades, it is because the exchange has closed down. But it could also be for other reasons. However, pending contrary information, we have marked this exchange as "dead" and moved it to our Exchange Graveyard.
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Krypto Connection Review
A crypto exchange guide must provide reviews of all of the exchanges out there, so that you can find the right one for you. This review of Krypto Connection consists of four parts: general info, fees, deposit methods and security.
Krypto Connection is an exchange from the UK. In our Crypto Exchange List, UK is one of the countries that is the home to the most exchanges.
Different from most other exchanges, at Krypto Connection you can also trade CFDs (with leverage up to 50x). This makes it look more like an FX-platform in our eyes.
On the date of first writing this review (12 February 2020), we were not able to retrieve any info on the liquidity at the exchange from Coinmarketcap or Coingecko. The only information of liquidity on this platform was provided by the platform’s website itself, as follows:
Accordingly, we urge any interested investors to treat the above figures with caution.
US-investors may not trade here today. Accordingly, if you’re a US-investor and you’re in love with Krypto Connection, you’ll have to wait. In the meantime, use our Exchange Finder to find out which exchanges that today support US-investors.
This platform is not only available from your desktop, you can also access it via your mobile browser. Most traders in the crypto world today carry out their trades via desktop (around 70% or so). However, there are naturally people out there that want to do it from their smart phone as well. If you’re one of those people, then this platform can still be for you.
Krypto Connection Trading View
Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen crypto and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. Unfortunately, we have not been able to obtain a picture of the trading view at Krypto Connection but we will post it here as soon as we do retrieve it.
Krypto Connection Fees
Krypto Connection Trading fees
We have not been able to find any info on this exchange’s trading fees. This is potentially a risk for you as an investor (if you do not receive info on the fees anywhere, there is a higher risk that they are high). Accordingly, we strongly urge you to make your own analysis of fees at this exchange before depositing any funds here.
Krypto Connection Withdrawal fees
According to information we have received from this, they do not charge any withdrawal fees at all (other than the customary network transaction fees). This is a more consumer friendly withdrawal fee model than what is industry average in the crypto industry.
At this trading platform, you can deposit through both wire transfer and credit cards. This can be helpful especially for newer crypto investors. The fact that fiat currency deposits are permitted at all also makes this exchange an “entry-level exchange”, meaning an exchange where new crypto investors can take their first steps into the exciting crypto world.
Card deposits are however only possible if you do it via phone with a representative of Krypto Connection.
Krypto Connection Security
We run all the 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. This trading platform received an F-score in this test. This should however be viewed in light of the fact that F is the Mozilla Observatory-score received by the majority of all exchanges in our Exchange List.
Finally, we hope you have enjoyed reading the above review. We also recommend checking out the following exchanges. They are well established in the industry and have also received excellent ratings from the visitors on our site: