Caplita Review (2022): Is It A Reliable Exchange?

The service was originally a regular online exchanger. However, gradually growing popularity led to the expansion of its functionality. So the platform turned into a full-fledged Caplita cryptocurrency exchange, which offered traders several trading, financial and analytical tools.

Not many functions and opportunities for earning on cryptocurrencies are available to users on the site:

• Exchange for buying and selling coins.
• Fast exchange of cryptocurrencies.

The platform developers do not offer margin trading, P2P platforms, liquidity pools, and other features.

Features of the Caplita exchange

This platform for trading digital coins has a good performance. The daily turnover exceeds $200 million. In addition, the Caplita crypto exchange is considered one of the safest on the market since no one has been able to hack it for four years of its existence.

Popular Trading Pairs

More than 350 assets are available to clients of the Caplita official website. Of these, about 730 trading pairs were made, among which the most liquid are:

• ADA/ETH – 10.7%
• BTC/USD – 6.6%
• ETH/BTC – 4.9%
• BTC/USDT – 4.7%
• ETH/USDT- 3.9%

Terms of Use

Marketplace services are available exclusively to people over 18 years of age. Furthermore, the registrant guarantees that he is not a resident of the United States and is not included in the sanctions lists that prohibit him from conducting activities in the financial sector. More details about the restrictions for potential clients of the exchange for online trading of Caplita cryptocurrency can be found in the user agreement. The link to it is in the footer and signed as Terms. All information is available in English only.

Mobile App

The trading platform owners have developed a mobile application for smartphones running iOS and Android operating systems. You can download it in the official stores – App Store or Google Play.

Applications have similar functionality and provide the ability to perform trading operations from mobile devices. In addition, the software has all the tools you need to track prices, analyze coin rates, use crypto wallets, etc.

On the phone, you can set up notifications about ongoing transactions, active orders, completed transfers, etc.

From a mobile device, you can register on the Caplita crypto exchange. Creating an account is almost the same as the browser version.

Trading on Caplita

On the official website of the Caplita exchange, there are not many opportunities for traders to earn money on cryptocurrencies. The main focus is on buying and selling coins, and there is no margin trading, futures, options, or swaps on the site.

Buying Cryptocurrencies with Fiat

In the main menu at the top, there is an Instant Buy & Sell item – this is a small built-in exchanger. Through it, traders buy cryptocurrencies for fiat money – dollars or euros. It also provides for the possibility of selling digital coins similarly. At the same time, you can write off fiat from the account balance or bank card account of your choice.

Account Security

The owners of the Caplita crypto exchange make every effort to prevent attackers from gaining access to user accounts. To protect accounts, they use complex passwords, two-factor authentication, lists of trusted devices, allowed IPs, etc. All security settings can be changed in the Personal Account.

For example, you can make sure that the platform constantly checks the IP address of the trader. A mandatory confirmation will be required when entering the site from a new location or an unfamiliar device.

The Google Authenticator app allows you to increase account security to the maximum. It allows you to enable two-factor authentication. It works very simply: every 30 seconds, the program generates a six-digit numeric code, which is necessary to confirm the login to the account or other operations (currency exchange, withdrawal of funds, and so on).

Trading Terminal

The developers have created a simple and understandable interface even for a beginner. A feature of the platform is the ability to change the location of the main blocks of the trading platform. To do this, call the settings menu by clicking on the button in the upper right corner. It has a Layout item from which seven interface design options are available to choose.

The exchange developers created their chart with many customizable parameters and did not borrow it from the TradingView portal. At the trader’s disposal are many tools for analyzing the course of the selected coin and not only.

Minimum Deposit

The smallest deposit amount in fiat is 20 euros, and for cryptocurrencies, the limits are different – they depend on the coin.

Commissions

Traders must pay for all exchange transactions. Rates for makers and takers depend on the trading volumes for the last 30 days (in dollar terms) and range from 0 to 0.75%.

Bottom Line

Caplita is ​​a popular and high-quality crypto exchange with an active audience. Developers have always paid a lot of attention to security, although their project is inferior in functionality to many competitive platforms. The company also set fairly high commissions for makers and takers. However, these shortcomings are compensated by the convenience of the interface, a large list of trading pairs, and the good reputation of the company.

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