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Cryptopay Review 2025

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Cryptopay Review 2025
Mobile TradingCryptopay Debit CardSpot TradingRecurring Buy
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Your Capital is at risk.

Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Cryptopay
Headquarter:Tallinn, Estonia
Founded:2013
Coins:35
US Accepted:
Max Leverage:1:1
About
Cryptopay is an Estonia-based crypto exchange founded by Dmitry Gunyashov and George Basiladze. The exchange offers a crypto debit card with a daily limit of €58.8K. The minimum order size and bank withdrawal fees are $10 and €2, respectively.
Contact
Harju County, Tallinn, Haabersti district, Meistri Street 16, 13517
Rank and Score
Pros and Cons
User Levels
Pros
Multi-currency support
Long-standing reputation
User-friendly interface
Crypto debit card services
Cons
No cashback or rewards program
Lack of eWallet support
Lack of advanced trading services like Margin and Copy Trading
No support for Apple Pay/Google Pay

Cryptopay offers access to 35+ cryptocurrencies and three fiat currencies for buying, selling, and exchanging with a 1% fee. The platform enables internal crypto transfers around the world with no fees.

Cryptopay; Exchange Information

Cryptopay, headquartered in Tallinn, Estonia, was founded by Dmitry Gunyashov and George Basiladze in 2013.

Cryptopay
Cryptopay is a crypto exchange with more than 700,000 users

The company operates through multiple legal entities in various jurisdictions, including:

  • CPS Solutions OÜ: Registered in Estonia (registry code: 16063623)
  • UAB CPS Payments: Registered in Lithuania (registry code: 305736863)
  • CPS Transfers Limited: Registered in England and Wales (company No. 10311113)

The platform supports cryptocurrency and fiat transactions, allowing European users to move between digital and traditional currencies.

Cryptopay Exchange Specifications

The crypto exchange has a $1B+ annual transaction volume. It supports 35+ crypto and three fiat currencies.

Exchange

Cryptopay

Launch Date

2013

Levels

No

Trading Fees

1%

Restricted Countries

USA, US Outlying Islands, Afghanistan,  Cambodia, Cuba, Iran, Iraq, Myanmar, North Korea, Somalia, Syria

Supported Coins

35+

Futures Trading

No

Minimum Deposit

$10

Deposit Methods

VISA, MasterCard, SEPA, Faster Payments, Crypto

Withdrawal Methods

SEPA, Faster Payments, Crypto

Maximum Leverage

1:1

Minimum Trade Size

$10

Security Factors

2FA, MultiSig, Cold Storage, Automatic log out, Account auto lock

Services

Spot Trading, Mobile Trading, Recurring Buy, Cryptopay Debit Card

Customer Support Ways

Email, Live Chat, Chatbot

Customer Support Hours

8 AM – 8 PM (CET) on weekdays

Fiat Deposit

Yes

Affiliate Program

No

Orders Execution

Market

Native Token

CPAY

User Levels

The exchange doesn’t offer a tiered user level system for fee discounts and volume-based benefits. This approach might be a drawback for high-volume traders who seek VIP perks.

Cryptopay Exchange Fee Structure

The platform charges a 1% fee for exchanging cryptocurrencies to fiat (GBP/EUR/USD) and vice versa. Key points about Cryptopay fees:

Crypto Deposits

Free

Crypto Withdrawals

Network Fee

Bank Withdrawal

€2 / £2

Bank Deposit

Free

Cryptopay Debit Card Load/Unload

1%

Inactivity Fee (13 – 15 months)

€10/month

Inactivity Fee (16 – 18 months)

€30/month

Inactivity Fee (19 months and more)

€50/month

Cryptopay Listed Cryptocurrencies

The platform provides access to 35+ cryptocurrencies. However, some are unavailable for payment, which we’ll discuss later in this Cryptopay review. Some of the available digital assets on Cryptopay:

  • Aave (AAVE)
  • Algorand (ALGO)
  • Basic Attention Token (BAT)
  • Binance coin (BNB)
  • Bitcoin (BTC)
  • Cardano (ADA)
  • Chainlink (LINK)
  • Dai (DAI)
  • Dogecoin (DOGE)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Near (NEAR)
  • OMG Network (OMG)
  • Orchid (OXT)
  • Polygon (MATIC)
  • Ripple (XRP)
  • Solana (SOL)
  • Synthetix (SNX)
  • Tether USD (USDT)
  • Toncoin (TON)
  • Tron (TRX)
  • Uniswap (UNI)
  • USD Coin (USDC)
  • 0x (ZRX)
Cryptopay Markets
A look into the Cryptopay digital assets market

Does Cryptopay Support Futures and Margin Trading?

At the time of writing this Cryptopay review, the exchange doesn’t offer leverage options for Futures and Margin trading. The platform focuses on providing straightforward cryptocurrency buying, selling, and spending services rather than advanced trading features.

Cryptopay Exchange Registration and Verification

To sign up for an account and verify it, you must use the Cryptopay mobile application.

  1. Open the application on your mobile device
  2. Tap “Create Account
  3. Select country of residence and citizenship
  4. Fill in the account information
  5. Verify your email address and phone number
  6. Provide proof of identity (Passport or National ID card), a selfie, and proof of address (bank statement or utility bill).

Cryptopay Safety and Security

The company prioritizes the safety of clients’ funds by utilizing a combination of Hot WalletsCold Wallets, and MultiSig Technology. Cryptopay has also implemented various safety systems, including:

  • Two Factor Authentication (2FA)
  • Automatic log out after 10 – 15 minutes
  • Account auto lock after several failed password entry attempts

Available Payment Methods

The exchange supports VISAMasterCard, Euro Bank Transfers (SEPA), GBP Bank Transfers (Faster Payments), and Crypto Transfers as free-of-charge deposit methods.

Users can also top up their accounts with the remaining balance of their Cryptopay debit card. The available methods for fiat withdrawals are as follows:

Withdrawal Method

Min Amount

EUR Bank Transfer (SEPA)

€10

GBP Bank Transfer (Faster Payments)

£10

Note that the platform doesn’t support deposits and withdrawals of some cryptocurrencies, including:

  • Ankr (ANKR)
  • Cosmos (ATOM)
  • Decentraland (MANA)
  • EOS (EOS)
  • Ethereum Classic (ETC)
  • Filecoin (FIL)
  • Flow (FLOW)
  • Icon (ICX)
  • Kusama (KSM)
  • Nano (XNO)
  • Polkadot (DOT)
  • Siacoin (SC)
  • Tezos (XTZ)
  • The Graph (GRT)
  • finance (YFI)

Cryptopay Exchange User Satisfaction

There are 1,003 Cryptopay reviews on its Trustpilot profile, resulting in an average score of 3.5 out of 5. While 74% of comments are positive (4-star and 5-star), 23% of reviews on the Cryptopay Trustpilot profile are negative (1-star and 2-star).

Cryptopay Trustpilot
Cryptopay has replied to 100% of negative comments on its Trustpilot profile

Does Cryptopay Offer Investment or Growth Plans?

At the time of writing this Cryptopay review, the platform doesn’t provide staking services or an affiliate program. So, no investment or growth plans are available.

Writer's Opinion and Conclusion

Cryptopay provides Spot trading on cryptocurrencies like BTC, ETH, XRP, and more against GBP, USD, and EUR. The exchange supports SEPA, Faster Payments, and VISA transactions and requires a minimum deposit of €10. The platform has a score of 3.5 out of 5 on Trustpilot.

FAQs

Is Cryptopay safe to use?

The exchange employs various security measures, including 2FA, MultiSig technology, and cold storage.

Can I use Cryptopay in the United States?

The platform’s services are limited in the US due to regulatory constraints.

What are the trading fees?

The exchange charges 1% for exchanging crypto to fiat and vice versa.

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