Welcome to Cronex!
What Is Cronex?
Based in Lithuania and serving clients globally, Cronex is a cryptocurrency exchange where users can buy, sell, and trade over 60 crypto assets with relatively low commissions. In the nearest months, Cronex plans to increase this number to 250. Cronex supports over 100 fiat currencies. Customers can buy crypto tokens via multiple payment methods including bank transfers, credit cards, Apple Pay, Google Pay, etc. Cronex was founded to make cryptocurrency investments easy even for beginners. It provides the clients user-friendly interface and the whole process of buying and selling crypto is organized in a very simple and intuitive way. The registration process takes only 5 minutes: the platform quickly approves a new account and allows the client to make the first transactions. Due to the high-tech engine connecting the platform with liquidity providers Cronex executes all orders instantly. In addition to spot trading, Cronex plans to offer margin trading and futures by the end of the year. Cronex also runs the crypto academy - the open source where all beginners can get information about how to start their investments.
When did Cronex launch?
CRONEX UAB was founded in December 2022 and the Cronex exchange launched in October 2023 offering 60 crypto tokens.
Who are the Cronex founders?
Cronex was co-founded by Kanat Tulbassiyev and Chingiz Uandykov. Kanat Tulbassiyev graduated from the University of Birmingham with a Master’s degree in Mathematics and Computer Science. During his term as CIO of the Bank Service Bureau of the National Bank of Kazakhstan, the leading producer of software for financial institutions, he played an important role in the digitalization of the financial sector of the country. After that Kanat worked for Block Gemini, one of the top blockchain and software development companies in Dubai. His team successfully performed projects for Emirates National Oil Company and other clients. Later Kanat founded Genesiszero, the IT firm providing solutions based on blockchain, big data, AI, and RPA technologies. Chingiz Uandykov is an investor and entrepreneur from Kazakhstan with an extensive background in traditional finance. He has more than 15 years of executive experience in the banking industry in Kazakhstan. His investment portfolio included a stake in one of the country’s top 5 banks.
Where is Cronex located?
The company is based in Vilnius, Lithuania.
What Coins Are Supported on Cronex?
More than 60 coins are supported on the platform, including BTC, ETH, UNI, LTC, XRP, ETC, USDT, and many more.
How much are Cronex fees?
Cronex charges zero deposit or withdrawal fees. The trading fees of the platform are 0.1%, which is very competitive in the market.
How Cronex is regulated?
Cronex holds the license issued by the Bank of Lithuania and is regulated by the Financial Conduct Authority of Lithuania. That makes the exchange to be a reliable marketplace where all clients' transactions are legally impeccable.
Cronex restricted countries:
Cronex is available in over 200 countries. It is not available in: Afghanistan, Albania, American Samoa, Anguilla, Bahamas, Barbados, Burkina Faso, Cambodia, Cayman Islands, Congo, Costa Rica, Fiji, Gibraltar, Guam, Haiti, Iran, Jamaica, Jordan, North Korea, Mali, Marshall Islands, Morocco, Mozambique, Myanmar, Nigeria, Palau, Panama, Philippines, Russia, Samoa, Senegal, South Africa, South Sudan, Syria, Tanzania, Trinidad and Tobago, Turks and Caicos Islands, Uganda, United Arab Emirates, Vanuatu, Virgin Islands (British), Virgin Islands of the United States, Yemen.
Cronex is subject to KYC and AML regulations and conducts customer verification in the form of KYC and sanction screening checks.