Cryptology, a cryptocurrency exchange start-up headquartered in Singapore today announced the reduction of transaction fees from 0.2% to 0.02%, the lowest among cryptocurrency exchanges*.
When compared to 4 other top cryptocurrency exchanges, the transaction fees for Cryptology is on average 86-90% lesser. This is as part of Cryptology’s initiative to drive cryptocurrency adoption and make cryptocurrencies transactions easy and affordable for the masses.
Mr Herbert Sim, CMO of Cryptology said, “At Cryptology, the community remains as our main priority and that is why we have one of the lowest transaction fees in the world. Through seamless cryptocurrencies and fiat transactions and affordable fees, we want to promote the mainstream adoption of cryptocurrencies and make transacting cryptocurrencies simple and fuss-free for everyone.”
Operating in both web version and mobile application, enabling seamless transaction of cryptocurrency and fiat in a single platform, the exchange is suitable for newbies and experts alike.
Established in August 2017, Cryptology, headquartered in Singapore, was founded with a mission to create an open ﬁnancial system as well to provide a trustworthy, reliable and convenient service for all those looking ahead to the crypto future.
*Based on comparison with the top 5 exchanges on CoinMarketCap.com