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Forex Broker Rating

Icrypex

Icrypex

Information about the broker Icrypex

Rating: 1.6
Jurisdiction: El Salvador
Regulators: not mentioned
Foundation date: 2018
Site: https://icrypex.com

Brief information Icrypex

The Icrypex is a centralized cryptocurrency platform offering trading, asset storage and crypto-based earning products. The brand dates its establishment to 2018. The international business is identified as Icrypex S.A. de C.V., or Icrypex Sociedad Anónima de Capital Variable, in El Salvador. This information is disclosed in the platform's official materials.

The company reports operating in more than 80 countries. It claims licences or registrations in Poland, Lithuania, Bulgaria and El Salvador. Its published descriptions name the Katowice Tax Administration Chamber in Poland and registration bodies in Lithuania and Bulgaria. These company statements do not independently establish the current scope of authorization.

The platform advertises its own trading infrastructure, wallet services, ISO 27001-certified information security and round-the-clock customer assistance.

The company manages:

  • icrypex.com;

  • account.icrypex.com;

  • play.google.com/store/apps/details?id=app.mobile.android.icrypex&hl=tr;

  • apps.apple.com/tr/app/icrypex-tr-bitcoin-kripto-al/id1571270449.

Customer service is available at +44 203 807 99 53, through online chat and by email at info@icrypex.com or support@icrypex.com.

Icrypex

Cryptocurrency selection on Icrypex

The project provides access to major cryptocurrencies, stablecoins, meme coins, DeFi tokens and its ecosystem token ICPX. Listed assets include:

BTC, ETH, XRP, AVAX, LTC, DOGE, SHIB, ARB, ADA, SOL, DOT, DYDX, SAND, USDT, USDC and ICPX.

The platform also presents tokenized exposure to commodities and other markets. Its product listings include tokens associated with gold, silver, oil, equities and indices. 

Services and fees of Icrypex

The international website advertises:

  • cryptocurrency buying, selling and exchange;

  • Easy Trade for simplified transactions;

  • Pro Trade with market, limit and stop orders;

  • conversion of small balances into ICPX;

  • ICRYPEX Prime trading features;

  • cryptocurrency storage and transfers;

  • futures trading with advertised leverage up to 50x;

  • crypto baskets and model portfolios;

  • Earn products;

  • ICPX staking;

  • farming and liquidity-sharing products;

  • OTC services;

  • API trading;

  • referral rewards and market research.

The published volume-based schedule lists maker fees from 0.08% to 0.20% and taker fees from 0.10% to 0.25%. Entry-level rates apply to monthly volume up to 150,000 USDT, while the lowest listed rates require volume above 10 million USDT. Individual API customers are charged 0.35% for both maker and taker orders.

Creating a personal account and verification on icrypex.com

To register, users provide their personal information, contact details, and a password. A referral code is optional. Identity verification is required to withdraw cryptocurrency.

Deposits and withdrawals with Icrypex

The website describes the following funding routes:

  • cryptocurrency transfers;

  • EUR and USD transfers;

  • cryptocurrency purchases through Banxa.

The terms and conditions reviewed do not specify a universal minimum deposit amount, a deposit fee, or a guaranteed timeframe for crediting funds.

Cryptocurrency withdrawals are not available for unverified accounts. For verified accounts, there are no daily or monthly withdrawal limits; however, minimum withdrawal amounts apply, depending on the specific asset. 

For example, the minimum amount is 0.0006 BTC, 10 USDT via TRC20 or BEP20, and 50 USDT via ERC20.

Conclusion about Icrypex

The Icrypex website provides information on trading commissions, withdrawal rules based on verification, and fees specific to each network. Questions regarding the company’s legal status and licensing should be considered separately from other companies using the ICRYPEX brand. Before starting to use the platform, you should review user reviews on independent websites.

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Trader Reviews

After trading on Icrypex, I wanted to withdraw $3700. I submitted the withdrawal request back in February, but three months later, I still haven’t received the money. The transaction status hasn’t changed-it still says pending. I’ve tried contacting support in various ways, but I haven’t been able to get a resolution. It feels like the only option for a customer is to wait indefinitely.

  • 2 weeks ago

I tried to transfer 139 USDT to another wallet via the BEP20 network. I entered the address correctly and double-checked everything. But for some reason, the transfer got stuck for three days. I contacted online support several times, but the issue was never resolved. It’s impossible to withdraw even a small amount without getting frustrated. After this, I definitely don’t want to trust the platform with any large sums of money.

  • 1 week ago

I have about 1,050 USDT in my account, and I can’t seem to withdraw any of it. I decided to start by testing a small amount-I submitted a withdrawal request for 20 USDT. But even that transfer has been stuck in pending status for months. Contacting support doesn’t really change anything. I don’t know how else I can get my funds back.

  • 1 week ago

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