Northcrypto Review 2025

Northcrypto accepts direct deposits in EUR through SEPA and Trustly payment solutions. Offering crypto trading with fees starting at 1%, this Finnish crypto exchange has a list consisting of 260+ tradable digital assets in various sectors such as AI, Metaverse/NFT, Layer 2, Memecoin, and so on.

Northcrypto Company Information and Regulation

Founded in 2018, Northcrypto is a cryptocurrency exchange under the legal name NorthCrypto Oy.

This Finland-based company, with the registration number 2918254-9, is registered as a Virtual Currency Service Provider with the Finnish Financial Supervisory Authority.

The exchange’s registered office address is Kristiinankatu 1 B 25, 20100 Turku, Finland. There have been no confirmed reports of hacks or breaches involving this platform.

Northcrypto Summary of Key Specifications

The crypto exchange offers asset trading with a 1-3% fee, depending on the chosen mode, with the option for discounts in cases of high trading volume. The table below summarizes its key features:

Benefits and Drawbacks

The regulatory status and wide range of tradable cryptocurrencies are some of the most notable advantages of working with this exchange.

On the other hand, there are relatively high commissions involved. Northcrypto Pros and Cons:

Northcrypto User Levels Model

Northcrypto takes a straightforward approach to its user structure, offering a unified account type for all users.

This simplicity can be both a strength and a limitation, depending on your trading needs and experience level.

Trading Fees and Other Commissions

Northcrypto offers a transparent fee system with options for discounts depending on the trader’s activity. Here are the related details:

• Advanced Trading: 1% fee, with discounts for higher volume traders:

• Quickbuy and Autopilot: 2-3% fee, fluctuating based on market volatility
• Deposits: No fees for depositing funds
• Withdrawals: 1 EUR fee for SEPA withdrawals, varying costs for crypto withdrawals depending on the blockchain network

The trading fees in this exchange are higher than those in most other crypto exchanges in the industry, even for high-volume traders.

Tradable Cryptocurrencies on Northcrypto

This crypto exchange boasts an impressive selection of over 260 cryptocurrencies, catering to a wide range of investor interests.

This diverse offering includes popular digital assets like Bitcoin and Ethereum, as well as a variety of other coins/tokens.

Here’s a demonstration of some of the listings dividied into sectors:

Does Northcrypto Exchange Offer Futures or Margin Trading?

According to the latest available information, the mentioned platform does not offer futures market or margin trading options. Northcrypto focuses primarily on spot trading of cryptocurrencies.

Additionally, the platform does not offer the option to trade leveraged coins or tokens.

How to Set Up an Account and Verify on Northcrypto Exchange

Getting started with this exchange is a streamlined process, following a few typical stages. Each stage is explained in a separate section in this Northcrypto review.

#1 Go to the Website

Visit the Northcrypto site and click on the sign-up button, as located in the top-right section of the homepage. This will lead you to the registration form.

#2 Complete the Registration Form

Fill out the sign-up form with your email address and country of residence. Note that only clients from these countries are eligible to open an account:

• Sweden
• Finland
• Germany
• Ireland
• Belgium
• Greece
• Portugal
• Slovakia
• Slovenia
• Spain
• Norway

Then, set a secure password consisting of at least:

• 8 characters
• 1 number
• 1 letter
• 1 special character

In the radial button under the form, choose Yes or No according to your political status. Afterwards, agree to the Terms of Service and Privacy Policy of the company.

#3 Fill Out the Personal Information Form

Provide these details in the form:

• Full name
• Residence address
• City
• Zip code
• Phone number

#4 Answer the Questions

Pass the questions related to your intentions, finances, etc.

#5 Go Through the KYC Process and Verify Your Identity

Go to the Scrive platform via the exchange’s website, then receive the link for your phone to start the verification process there.

Finally, your account is set up, and you can start trading.

Trading Platform and Applications

Northcrypto offers a proprietary trading platform designed for ease of use. It’s a bit too focused on simplicity, lacking some of the more advanced features found on other platforms, such as leverage or futures market trading.

However, various types of orders (including Stop Loss, Take Profit, and others) are available on the exchange.

The platform is accessible through both web browsers and mobile applications:

• Northcrypto Android: Over 10K downloads on the Google Play Store
• Northcrypto iOS: Rated 4/5 by 40+ users on the App Store

Northcrypto Safety and Security Evaluation

Despite some exchanges, the discussed company does not provide much information about the security measures taken for user funds and data; it only mentions that it enables two-factor authentication (2FA) for account access, and holds all customer cryptocurrencies in offline cold wallets.

Beside of that, the registration with the Finnish Financial SupervisoryAuthority adds a level of trustworthiness to the platform.

Payment Methods

Northcrypto offers 3 main options for making deposits and withdrawing funds or assets from the platform, including:

• Trustly: banking solution for fiat currency transfers
• SEPA: European bank transfers
• Cryptocurrency: Transactions on blockchain networks

It’s worth noting that the exchange accepts direct deposits in EUR, meaning you can deposit euros into your account on the platform and add them to your account balance.

Northcrypto Features

This section includes a shortlist of the additional services and special features available via the exchange:

Northcrypto Exchange Trust Scores

The platform is not widely known in terms of user reviews and ratings; there are limited scores on reliable websites:

• Trustpilot: 1 out of 5 based on only almost 15 reviews

• Northcrypto ScamAdviser: 51/100 Trustscore based on the website’s algorithms and other sources across the web

On Trustpilot, some users have reported withdrawal problems and advised other users to keep away from the platform. We cannot and do not approve or deny the credibility of these reports.

Customer Support Contact Channels and Schedule

Northcrypto does not perform well enough when it comes to customer support services, only offering 2 basic channels:

• Ticket System: The primary method for contacting support is through a ticket system;
• Email Support: Users can reach out to support@northcrypto.com for inquiries or issues.

The platform does not rule out any specific schedule for the support team’s working hours.

Copy Trading and Passive Earning Options in Northcrypto

Northcrypto does not offer any copy trading or investment programs as seen in some larger exchanges. However, they do provide a unique service called Northcrypto Private for high-net-worth individuals. Details:

• Tailored for customers with investment wealth of at least 100,000 euros
• Offers comprehensive cryptocurrency investment opportunities
• Provides personalized service and guidance

Northcrypto Private Team Leaders:

• Mikko Soon: Head of Northcrypto Private, M.Sc of Economics
• Ville Viitaharju: Research Manager, M.Sc of Economics

It's worth noting that the lack of advanced passive income options, such as yield farming or lending, may be a drawback for some users seeking to maximize their cryptocurrency earnings.

Northcrypto Exchange Restricted Countries

While the exact list of restricted countries is not publicly available, based on our investigations, the platform accepts clients from a specific list of 11 European countries; therefore, any other country is restricted from registering with it, including, but not limited to:

• China
• United States
• Iran
• North Korea
• Russia
• United Kingdom
• Japan
• Netherlands
• France
• And so on

Northcrypto in Comparison to Top Exchanges

Last, but not least in this Northcrypto review, a comparison table is provided for a balanced perspective into the platform’s offerings:

Writer's Opinion and Conclusion

Northcrypto provides 2 communication channels [ticket, email] with its support team for users, without stating any working hours. The company has received an average score of 3.1 out of 5 on Trustpilot; however, less than 15 users have reviewed the platform.

Furthermore, the “ScamAdviser” has given a 51/100 Trustscore to the reviewed platform, indicating the exchange’s reliability with the “suspicious” word.