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Caplita Crypto Exchange Review 2022: Bitcoin Market

Caplita is one of the largest and most popular online digital asset exchanges, known for its various features and high liquidity. The company, headquartered in the United States, was founded in 2017 and currently has over 1,300 employees. It also provides services to over 170 countries. The Caplita team is a coherent mechanism that continues to expand its global presence and strengthen its position as a leader among competitors.

How Caplita Global Crypto Exchange Works

The Caplita global platform provides access to trading anytime, anywhere. It is installed on iOS, Android, Mac, and Windows.

The full range of services includes:

You can buy the necessary digital asset for fiat currency from a VISA payment card and replenish the balance from an E-wallet.

You can optionally go through verification and two-factor authentication to protect your account when registering.

In the “Market” tab, you can see all traded assets in online time. In addition, the trading terminal is available in the Web version and applications for iOS and Android. To do this, go to the “Spot trading” tab and click “Trading”:

Caplita Global Fees

Trading commissions

Caplita uses two different systems in the spot market: for ordinary users and professional users. Belonging to one or another category is determined by the number of tokens the user has and the 30-day trading volume in bitcoin. The more tokens, the higher the discount will be. In general, Caplita fees are in line with other exchanges.

The same tiered system calculates the margin lending rate and fiat currency exchange fees.

Withdrawal fees

Withdrawal fees can change dynamically by the exchange itself, so it makes sense to check them when withdrawing a specific cryptocurrency in your account. Withdrawal fees on Caplita are also in line with industry standards.

In addition, the exchange provides a quick withdrawal option, which allows you to instantly send cryptocurrency to any Caplita user without paying any fees.

Withdrawal and Deposit of Funds

Depositing and withdrawing funds on Caplita is no different from what you may encounter on other crypto exchanges. To deposit, select the token you are interested in and copy the address, which you will need to paste into the wallet from where you will transfer funds. The same goes for withdrawing funds – just insert the address of the third-party wallet to which you want to transfer the cryptocurrency.

Caplita also supports deposits and withdrawals of fiat currencies. The list of available methods depends on the selected currency.

Buying/Selling Cryptocurrencies with a Bank Card

On Caplita, it is possible to buy and sell cryptocurrency using VISA and Mastercard bank cards. However, the list of cryptocurrencies available for purchase in this way is less than the total number presented on the exchange. Therefore, it may make sense to buy, for example, USDT and then exchange them for the cryptocurrency you are interested in.

P2P trading

A P2P marketplace is a place where you can buy or sell cryptocurrencies to other users based on individual agreements. You can choose the currency in which prices are displayed, view offers to sell, available amount (indicated in each respective cryptocurrency, depending on the choice), limits, payment methods, etc. This platform allows users to transact between themselves and not on a traditional exchange.

Caplita Wallet

Caplita Wallet is a mobile crypto wallet with a simple and user-friendly interface that supports multiple currencies. Supported stablecoins and currencies include BTC, XRP, ETH, USDT, LTC, BCH, EOS, BSV, ADA, DASH, TRX, TOM, ONT, DOGE, ETC, IOST, HUSD, KLAY, TUSD, USDC, GUSD, EURT, PAX, EURS, and DAI.

Individuals can manage their private keys through the app. The app is secure because Caplita supports multi-signature and has obtained some data security patents. You don’t need to register to use the software, so you can easily buy and sell cryptocurrencies.

How to Use the Caplita Global Exchange?

Caplita has a simple registration. Go to the main page and click on the register button to create an account. After that, you will be redirected to a page where you must specify the country, phone number, email address, and password. Next, accept the user agreement and click on the registration button below.

Now you have an account on Caplita; it’s that simple. To increase the withdrawal limits, you need to pass verification. To do this, enter your data and upload an identity document.

Security

Caplita guarantees a high level of security. For example, 98% of user assets are stored in a multi-sig cold wallet, and only 2% are in a hot wallet for fast withdrawals. In addition, Caplita maintains a fund to compensate users in the event of a hack or other unforeseen events.

To ensure the personal security of user accounts, Caplita allows two-factor authentication keys. You can also set up email confirmations for withdrawals and other account requests.

Why Choose Caplita Crypto Exchange

Conclusion

Published user reviews characterize the Caplita exchange from a positive and negative side. They note the convenience and speed of operations, many popular coins, and low commissions. However, they also note low limits on withdrawal without verification, the complexity of passing this procedure, and the lack of support in many languages. It indicates a place for improvements and all the opportunities to reach the top positions among the TOP-3 most liquid exchanges.

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