Arjun  Mandal

Reviewer:

Arjun Mandal
Davit  Kvaratskhelia

Fact checker:

Davit Kvaratskhelia
Modified:

Cryptopay Review 2025

Cryptopay Review 2025
Company:Cryptopay
Headquarter:

Tallinn, Estonia

Founded:2013
Coins:35
US Accepted:
Max Leverage:1:1
Cryptopay Debit CardMobile TradingRecurring BuySpot Trading

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!

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
score of blog
5 From 5.0
(1)
Rate this post
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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

Cryptopay Advantages and Disadvantages

In this Cryptopay review, we must highlight some advantages, such as its support of 80+ countries and its recurring buy feature (with a minimum investment of €10).

Cryptopay Pros & Cons
Cryptopay internal transfers are available 24/7 with no charges

Let’s weigh the exchange’s advantages against its disadvantages.

Pros

Cons

Multi-currency support

No cashback or rewards program

Long-standing reputation

Lack of eWallet support

User-friendly interface

Lack of advanced trading services like Margin and Copy Trading

Crypto debit card services

No support for Apple Pay/Google Pay

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 maintains accessible entry thresholds for new users. The minimum cryptocurrency deposit starts at just 0.00000001 BTC (or equivalent for LTC and ETH) and 0.000001 XRP. For fiat-based transactions, the minimum deposit is set at 10 USD, EUR, or GBP, whether via Visa/MasterCard or bank transfer.

The minimum trade size is also 10 USD/USDT. This low barrier to entry makes the platform ideal for beginners who want to start small without committing large amounts.

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, Futures market, or 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 on the Cryptopay mobile app, you must follow the steps explained below:

#1 Download and install the Cryptopay Mobile App

First, download the official Cryptopay app on your mobile device. Then, enter it to begin the account creation process.

#2 Provide Personal Information

Tap “Create Account" and follow the steps below:

  1. Select country of residence and citizenship;
  2. Fill in the account information;
  3. Verify your email address and phone number.

#3 Verify Your Account

Provide proof of identity (Passport or National ID card), a selfie, and proof of address (bank statement or utility bill) to verify your account.

Trading Platform and App

The exchange has developed a dedicated mobile application for Android and iOS users and a web-based platform. Cryptopay app download links:

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 and specific blockchains, 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

Cryptopay Features

Unlike many other cryptocurrency exchanges, Cryptopay focuses exclusively on trading services and does not offer additional features.

Feature

Availability

Staking

No

Yield Farming

No

Social Trading

No

Liquidity Pool

No

Gift Card

Yes

Cryptopay Customer Support

The platform provides 24/7 support through a chatbot. However, the support team is available 8 AM – 8 PM (CET) on weekdays. Cryptopay contact channels:

  • Live chat: Ask the chatbot to connect you to an agent
  • Email: support@cryptopay.me

Does Cryptopay Offer Investment or Growth Plans?

At the time of writing this Cryptopay review, the platform doesn’t provide crypto staking services or an affiliate program. It doesn't offer crypto copy trading software, either.

Prohibited Countries on Cryptopay

Cryptopay services are unavailable to citizens and residents of the USA and its Outlying Islands due to U.S. financial regulations and digital currency policies. The services are also restricted in some other countries, including:

  • United States of America
  • Afghanistan
  • Cambodia
  • Cuba
  • Iran
  • Iraq
  • Myanmar
  • North Korea
  • Somalia
  • Syria
Cryptopay Red Flag Countries
A look into Cryptopay exchange geo-restrictions

Users should always check their local laws and Cryptopay's terms of service to ensure they can legally use the platform in their country of residence.

Cryptopay in Comparison with Other Exchanges

Traders can understand the pros and cons of using Cryptopay services compared to other exchanges by referring to the table below.

Parameters

Cryptopay Exchange

Bybit Exchange

Gate.io Exchange

BingX Exchange

Number of Assets

35+

1300+

2800+

800+

Maximum Leverage

1:1

1:100

1:100

1:125

Minimum Deposit

$10

Varies by Cryptocurrency

Varies by Payment Method

$1

Spot Maker Fee

1%

0.005% - 0.1%

From -0.005%

0.005% - 0.1%

Spot Taker Fee

1%

0.015% - 0.1%

From 0.025%

0.02% - 0.1%

Mandatory KYC

Yes

Yes

Yes

Yes

Futures Trading

No

Yes

Yes

Yes

Mobile Application

Yes

Yes

Yes

Yes

Fiat Payment

Yes

Yes

No

Yes

Staking

No

Yes

Yes

Yes

Copy Trading

No

Yes

Yes

Yes

Writer's Opinion and Conclusion

Cryptopay offers spot trading in cryptocurrencies such as 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.

How many cryptocurrencies and fiat currencies does Cryptopay support?

Cryptopay offers trading for 35+ cryptocurrencies and supports three fiat currencies—USD, EUR, and GBP—for seamless conversion between crypto and traditional money.

Is there a minimum deposit or trade size on Cryptopay?

Yes, The minimum deposit via card or bank transfer is €10 (or equivalent). Similarly, the minimum trade size is $10, making it accessible for small-scale traders and beginners.

Does it offer futures or margin trading?

No, Cryptopay focuses exclusively on spot trading. It doesn’t support futures, margin trading, or leverage, unlike platforms such as Bybit or Gate.io.

What payment methods are supported for deposits and withdrawals?

Deposits are accepted via Visa, MasterCard, SEPA, Faster Payments, and cryptocurrency transfers. Withdrawals can be made through SEPA, Faster Payments, or crypto, depending on the user’s region.

Is there a mobile app available for Cryptopay?

Yes, Cryptopay offers a dedicated mobile application for both Android and iOS, in addition to its web-based trading platform.

Does Cryptopay support staking or passive income features?

No, Cryptopay does not offer staking, yield farming, or liquidity pools. Its services are limited to buying, selling, and spending crypto.

What are the inactivity fees?

Inactivity fees are tiered: €10/month after 13–15 months, €30/month after 16–18 months, and €50/month after 19+ months without platform usage.

Is Cryptopay suitable for high-volume traders?

Not particularly, The platform lacks VIP tiers or volume-based fee discounts, making its flat 1% fee structure less attractive to professional or institutional traders.

Are Cryptopay services available worldwide?

Cryptopay is accessible in 80+ countries, but services are restricted in regions like the USA, Iran, North Korea, Cuba, and Syria due to regulatory concerns.

Does Cryptopay offer cashback or reward programs?

No, The platform does not provide any cashback incentives, loyalty rewards, or referral bonuses at this time.

What type of orders does Cryptopay support?

Only market orders are supported on Cryptopay. There is no option for limit or stop-limit orders, which might be limiting for active traders.

What is CPAY and is it used on the platform?

CPAY is the native token of Cryptopay. However, there are no major benefits or utilities for token holders currently highlighted on the platform.

Can I use Apple Pay or Google Pay on Cryptopay?

No, Apple Pay and Google Pay are not supported payment methods on the Cryptopay platform.

What are the supported customer service options?

Customer support is available through live chat and email. Agents are active from 8 AM to 8 PM CET on weekdays, with 24/7 chatbot support for basic inquiries.

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