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Author Topic: [ANN] CRYPTONIT.NET - cryptocurrency exchange from UK - low fees USD EUR BTC....  (Read 11929 times)
Brandon_Cryptonit
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August 12, 2014, 02:11:50 PM
 #1

Dear cryptocoin traders
We are happy to announce Cryptonit.net – cryptocurrency exchange.

Trading pairs:
USD/BTC - USD/LTC – USD/NMC – USD/PPC
EUR/BTC - EUR/LTC – EUR/NMC – EUR/PPC
BTC/LTC – BTC/NMC – BTC/PPC – BTC/TRC – BTC/FTC
On the next week we are planning to add DOGE and QRK. Exact date will be announced soon.
Trading fee as low as 0.1%-0.15%

Deposits and withdrawals:
At really competitive fees
International Wire Transfer / SEPA / AstropayDirect / AstropayCard / Instant SOFORT Banking / Egopay / OKPay / Paypal*
Most of the payment systems are instant.
Cryptocoin deposits are instant and FREE.
Cryptocoin withdrawals are instant.
Full list of available systems with fees and time terms https://www.cryptonit.net/fees-and-terms

Verification:
For large turnovers you will need to pass verification. We currently support two options:
- Submit your ID scan, address proof and a photo of yourself with the same documents in your hands.
- Have a short videochat with us showing the same documents during the conversation (if video quality is not good enough you will need submit document scans additionally).

Compliance:
Cryptonit is owned and operated by UK based company Cryptonit Solutions Ltd. First of all, we work in close collaboration with FCA (Financial Conduct Authority). By today our company has already obtained 2 official letters from FCA stating that Cryptonit is currently exempted from regulation. We monitor all changes in UK to stay within the applicable legal frawework. Secondly, we have been recently registered at HM Revenue & Customs as a Money Service Business with status “BUREAU DE CHANGE”. We have as well been registered in HMRC under the anti-money laundering regulations. You can check our registration at HMRC site, MLR number is 12761601. Last but not the least, we have been registered under the Data Protection Act as a part of our Privacy Policy.

Banking:
Reliable banking is a cornerstone of every cryptocurrency exchange.
It is our policy to be absolutely transparent with a bank in order to decrease a probability of account termination. Being in compliance with AML rules and a set of requirements we were able to establish relations with a bank in Germany. Our partner bank allows us to process SEPA in/out payments quickly and at the zero fees.
Our bank is aware of the nature of our business, aware of our AML policies.

Customer service:   
To interact with our support team you can either write an email, post a ticket or contact via phone.
Please, visit https://www.cryptonit.net/support
We have our own root certificate and stick to S/MIME standard in secure correspondence. Here https://www.cryptonit.net/documentation/certificates you can always get our public certificates to send and encrypt letter or verify our signature.

Account Security:
- eMail authenticator
- 2FA by google authenticator
- Yubikey account protection

API
We have a flexible rest API https://www.cryptonit.net/documentation/api
- Public API
- Developers API
- SocketIO
- Affiliate API

Affiliate program (*beta testing)
There is a unique affiliate program with 33% commission sharing. Bimonthly payouts without holds. There are three options to partner with Cryptonit.
- Refer users to Cryptonit with affiliate link
- Assign special label to trading traffic (for app and script owners)
- Registration Cryptonit accounts via API (for pools and app owners)
Currently affiliate program is in test phase, so partners are invited for private tests. In the nearest time it will go on public.

Most important:
Though we have been on the crypto scene since 2012 we did not run any serious promotion campaigns and never announced our service officially. Providing the community exchange services is a huge responsibility. For this reason it took us more than a year to learn mistakes of similar projects and polish Cryptonit. We admit that it is still not the state-of-art service and many features are still to be implemented. However what we offer really works and is well-tested during the last 12+ months. There are customers who have already used Cryptonit with great satisfaction and we hope they will drop some feedback here.

Register https://www.cryptonit.net/

Legal tokenized equity sale till DEC 30.
GET 10% BONUS ON NOVEMBER 15 - 19 -> https://finom.io/
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yaronG
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August 14, 2014, 03:10:51 PM
 #2

I can vouch for this new crypto exchange market.
i am using their service for 7 months now , and never had any issues , and when i did have a slight problem i was taking care very quickly and efficiently.
although the market cap is still low , it has a great potential. website system is very user friendly and convinient.

Best regards, Yaron.
Trading
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Nothing like healthy scepticism and hard evidence


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August 15, 2014, 01:35:23 PM
 #3

I haven't use this exchange for some months now, therefore I can't write about the new improvements. I'm expecting to check them soon.

However, I can vouch for the integrity of their management, since I never had a problem withdrawing any funds, and for their helpful support system.

My main posts and a few more are reposted here: https://oneskeptic.tumblr.com
danashr
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August 18, 2014, 02:35:00 PM
 #4

Really good BTC trade market.
Total about 20k deposit there.
Dont have any problem.
Good support and fast deposit,withdraw.
But network is slow for me.
It may not good for my localtion.
Hope can upgrade about your website network.
More wish more people can use them and place order.
Then I can more easy to buy/sell BTC Tongue
MAD Miner
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August 21, 2014, 01:06:24 AM
 #5

This is the only exchange I have used to buy/sale BTC, so I can't compare them to other exchanges.

When I first used them, to buy BTC via PayPal, the time to complete the transaction was very long. As I recall it took something like 24 hours from start to finish. The last purchase I made, again via PayPal, was instantaneous. However, the last sale of BTC with cash going to PayPal took several days. This may have been partly due to the time difference between the US and their office. I placed the request either very late on a Thursday or very early on Friday and the transfer was complete Sunday afternoon. They state (or did at the time) that payPal withdrawals are not processed on weekends. They may not have had much time left in the week when my request was received by them.

Other than the time for PayPal cash withdrawals, I have been very pleased with the service I have received. My interactions with the staff , though few, have all been very positive experiences. They claim other exchange types are instantaneous. I haven't tried the other methods, so I can't say that is true. I can say, based on my experiences, that their word is probably good on that. I trust them.

MAD is my real name initials. Not my disposition.
cryptuser
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August 21, 2014, 08:08:56 AM
 #6

I always use Cryptonit to trade alt currencies and most of the time my trades have generated good amount of profits.

Not only profit but their withdrawal process is also very fast. Cryptonit support staff is always ready to reply fast and impressive. Customer service is excellent.

I strongly recommend Cryptonit.

My best wishes to Cryptonit Team

Bit n Mortar
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August 21, 2014, 03:08:17 PM
 #7

Cryptonit.net is legit.  Fast customer service and all my trading and withdraws/ deposits worked perfect.
xchrix
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August 21, 2014, 04:17:19 PM
 #8

there has to be definitely more volume on cryptonit!
i know this exchange for a very long time now. it was operated by another guy at first which did a good job but the design and usability was horrible. after the relaunch it looks very professinal now!
i will try to integrate their new API on www.cryptocoincharts.info to show some price charts
felipelalli
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Hi! I am the Bitcoin Paranoid developer.


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August 21, 2014, 05:50:26 PM
 #9

I'm the creator of Bitcoin Paranoid and I added recently this exchange to my app. These guys are great. -- ~~~~

~ 1LipeR1AjHL6gwE7WQECW4a2H4tuqm768N

Bitrated user: felipelalli.
Edward_Cryptonit
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August 25, 2014, 06:41:24 AM
 #10

Thanks everyone for feedback and critics, it's really appreciated.

The affiliate program is finally rolled out to public. It's available to everyone right after login, in the main navigation menu on the right. As it was mentioned above by my colleague Brandon, our affiliate program is flexible and incudes 3 options:

- Option 1 is for general users, who wish to refer with simple affiliate link
- Options 2 and 3 are for those working on larger scale, allow more complex integration and will suit best for trading app/script developers, mining pools, various data aggregators

Cryptonit affiliate is a nice extra profit opportunity for a wide group of specialists involved in the crypto industry: from active forum posters, those who are good at networking, bloggers etc. to professional developers and teams.

Detailed description is available here: https://www.cryptonit.net/affiliate-program

Would be glad to answer your questions.

Regards
Edward

Cryptonit.net - reliable cryptocurrency exchange.
sudoquai
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August 26, 2014, 03:57:35 PM
 #11

Hello Cryptonit Team,

We are running Namecoin @ Facebook: http://www.facebook.com/namecoin.org and Google+ and have to thank you for the excellent service for Namecoin Cryptocurrency.

The first impression, when i saw http://cryptonit.net the first time, was: "Wow - professional website with love to the detail, nearly nothing is missing":

  • Very good look & feel compared to other ALT Exchanges, following the KISS principle (Reminds me a little bit to BitStamp, with the difference the main cryptos are supported as well)
  • Technically one of the best exchanges i've seen so far, very solid, can't discover any bugs
  • Reliable Fiat deposit and withdrawal. I've been impressed after i've seen you are even supporting Moneybookers/Skrill and Paypal
  • Exchange, which is now very long in the market - wellknown registered company
  • Remarkable good trading volume for Namecoin, fair spreads and prices
  • Trader Chat
  • Big + for the NMC Community: Support for Namecoin .BIT Domains in form of a reliable, public usable .BIT DNS Server, even with an easy & understandable tutorial (https://cryptonit.net/cryptonit-dotbit)

Some small points i have to mention is:

  • Nearly flawless registration (i've had an issue with Google Authenticator, which locked me out first, but i've got a reply fast from the Cryptonit Team, how to solve the problem
  • No Metatrader MT4 support - would be great, if you could offer this in the future


From our side it's an honour working together with you, especially supporting Namecoin with this professional service you offer.

Keep up the good work ! Smiley



Best Regards,

Sudo
eeh
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August 28, 2014, 12:48:56 PM
 #12

I'm the creator of Bitcoin Paranoid and I added recently this exchange to my app. These guys are great. -- ~~~~

iOS or Android app, maybe?

I liked Cryptonit two years ago and just recently discovered they had a facelift. The GUI looks great!
rammy2k2
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August 28, 2014, 05:41:45 PM
 #13

20 EUR withdraw fee for SEPA ? bitstamp has 0.9 EUR  Roll Eyes
Edward_Cryptonit
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August 28, 2014, 06:39:51 PM
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20 EUR withdraw fee for SEPA ? bitstamp has 0.9 EUR  Roll Eyes

Sorry, the fee for SEPA withdrawal is indeed 0 EUR. We simply did not change it on the fees and terms page, will be done shortly.

If you try and do a SEPA withdrawal with us you will see for yourself that fee is really 0. Again, apologies for misleading Smiley

Should you have some more critics, feel free to let us know, we appreciate it Wink

Regards
Edward



Cryptonit.net - reliable cryptocurrency exchange.
Edward_Cryptonit
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August 29, 2014, 09:54:52 AM
 #15

I'm the creator of Bitcoin Paranoid and I added recently this exchange to my app. These guys are great. -- ~~~~

iOS or Android app, maybe?

I liked Cryptonit two years ago and just recently discovered they had a facelift. The GUI looks great!

Thank you. Bitcoin Paranoid is an android ticker app. We have also done a number of other integrations recently. Just to name a few:

Andoird tickers:

- Bitcoinium
- Bitcoin checker (by Mobnetic)

iOS tickers:

- BTC report

We are constantly working on extending our partner network. We are currently in the process of integrating with TabTrader, android trading terminal.

Besides external integrations we are in invited beta of our own android application.

Regards
Edward

Cryptonit.net - reliable cryptocurrency exchange.
isskewl
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September 01, 2014, 04:37:39 PM
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I can vouch for the trustworthiness of the exchange. I have not been active on there for awhile, and it looks like some improvements have been made to the site since my last trades, but everything worked for me before. I had some initial questions about the deposit procedure, and got prompt responses from support.
aaron_m
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September 01, 2014, 05:01:22 PM
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I won't lie I forgot about the exchange for a while, but when i was using them a year or so ago, they were very good, not as automated as some other sites, but offered a unrivaled services (paypal payments once verified, which was also pretty easy).

When I found them again I was glad to see they redesigned the website, looks top class now.  Will try and put some business there way, especially once doge is trading.

Keep up the good work, look forward to using your site more soon.
Brandon_Cryptonit
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September 01, 2014, 05:24:22 PM
 #18

20 EUR withdraw fee for SEPA ? bitstamp has 0.9 EUR  Roll Eyes

There was really display glitch that made things unclear.
FIXED: https://www.cryptonit.net/fees-and-terms
Both deposits and withdrawals via SEPA are FREE

Legal tokenized equity sale till DEC 30.
GET 10% BONUS ON NOVEMBER 15 - 19 -> https://finom.io/
GiorgosK
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September 02, 2014, 01:01:11 PM
 #19

I have been a customer with them since December 2013
and wanted to drop in a say a few things about them

Verification went very smoothly and was done within a few days
the deposits with PAYPAL were cleared very fast indeed

when I needed support skype support was available

I would recommend them to anyone that wishes to exchange
between BTC/USD/LTC/NMC/FTC and some other coins which don't remember right now

The only thing that needs improvement in my opinion
more new COINS that people want to exchange
I would suggest DRK, XC, C2, BC, RDD, DOGE and maybe some other
and those would attract more people in the exchange ...

all in all a very positive experience

https://bitbay.market - The Future of Free Markets
Edward_Cryptonit
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September 03, 2014, 09:54:01 AM
 #20

I have been a customer with them since December 2013
and wanted to drop in a say a few things about them

Verification went very smoothly and was done within a few days
the deposits with PAYPAL were cleared very fast indeed

when I needed support skype support was available

I would recommend them to anyone that wishes to exchange
between BTC/USD/LTC/NMC/FTC and some other coins which don't remember right now

The only thing that needs improvement in my opinion
more new COINS that people want to exchange
I would suggest DRK, XC, C2, BC, RDD, DOGE and maybe some other
and those would attract more people in the exchange ...

all in all a very positive experience

Thank you for reply. DOGE and QRK are among the altcoins which are planned to be integrated in the nearest time. As you might already know there is always a tradeoff which all exchanges face while integrating new coins, since most of the time target is to concentrate liquidity within a limited amount of trading pairs.

Regards
Edward

Cryptonit.net - reliable cryptocurrency exchange.
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