Cryptopia is a New Zealand exchange that remains a work in progress, both in terms of trader support, coin offerings and trading capabilities. It’s also a target for scams, something all the coins in the world can’t fix. The Cryptopia exchange enables two-factor authentication during the registration process, which is a plus for security.
Cryptopia promotes 2FA, which is an added layer of security protection to guard the account in the event a hacker knows the password. They recommend dynamic codes such as those offered by Google and Cryptopia authenticators. As a result, users get a new code with each and every account log-in. The Google Authenticator is a mobile app that can be linked to a Cryptopia account. They have other options as well, including emailing codes and security questions.
If you’re going to trade on the Cryptopia exchange, do so at your own risk. This trading platform is riddled with issues not to mention reports of high fees in comparison to most small exchanges. Traders who are on the platform should remain on their guard, as this site is a frequent target of phishing scams and other attacks.
While the CEO has pledged to resolve the customer service issues, this undoubtedly will take time. Investors may be better off avoiding this platform until they have the technology infrastructure, staff and support in place to handle the demand.
If you are going to trade on Cryptopia, you may be better off sticking to the most widely used coins, such as ETH, BTC, LTC and DOGE, which the exchange says are transacting properly. The problem is one of the key reasons traders flock to the Cryptopia exchange is for access to some of the lesser known coins that other exchanges don’t support. It’s a vicious cycle.
The Cryptopia exchange has both a public and private API. Users have complained about delays surrounding adding Cryptopia API to Coinigy. There doesn’t appear to be an official Cryptopia trading app.
|Rank||Site||Margin trading||Fiat||Safety||API||Referral||Location||Languages||Buy with||User Vote||Score|
|1||A||San Francisco, USA||EN||bank transfer, card|
|3||A||No||Hong Kong||EN||EUR, USD|
|4||No||A||Europe||EN, CZ, SK||USD, EUR|
|5||A||No||San Francisco, California, United States||EN||USD, EUR, JPY, CAD|