Despite the fact that cryptocurrencies are gaining popularity, they remain a rather complex phenomenon. It takes time and effort to finally understand what it is, how they work and how you can use them. Some experts argue that cryptocurrency today is a complex technology for mass adaptation. To go beyond certain boundaries, you need to come up with a sufficient number of simple and user-friendly solutions.
The mission of the developers is to make digital currencies and their tools simple and convenient for most people. Gradually, various services appear that facilitate the work of users with these denominations. The first online cryptocurrency wallets and converters appeared on the network, and then the mass development of payment tools for sites that want to accept or already accept digital money as a payment method continued.
Since digital currencies are developing very fast, it is quite difficult to do long-term planning. However, the developers of the Cryptonator service are not afraid of difficulties. Initially, "Kryptonator", the reviews of which are so positive, appeared as an electronic wallet. As its creators officially declare, in the future it is planned to develop the service as an online banking platform with a high degree of security for all transactions.
What it is?
Cryptonator is a real-time cryptocurrency application that provides tremendous functionality to users absolutely free. Customers can view any exchange rate and make direct conversions in just a few clicks.
When the “Cryptonator” was first launched, it was available only in Google Chrome, and thousands of cryptocurrency users began to use this browser only for the sake of this service.
How it works?
Reviews about the "Kryptonator" are quite positive. But what does it represent in practice? This is a service that extracts data from exchangers to display the most accurate value and value of your cryptocurrencies at any minute. He knows more than 300 digital values, and support for new units is added automatically after they are included in the current exchange.
Conducting conversions with cryptocurrencies can be a difficult task, especially if you have a certain amount that you would like to convert from one denomination to another (for example, 0.22 BTC to DOGE). There are many tools that will eventually lead you to the correct conversion, but the Kryptonator wallet is the first converter running on encryption protocols that runs directly from the browser.
In simple words, this is an online cryptocurrency calculator that allows you to instantly convert more than 300 different digital units to FIAT currency, including US dollars and euros, with one click. What currencies does Kryptonator support? The service accepts and exchanges all popular cryptocurrencies - Bitcoin, Litecoin, Dogecoin, Auroracoin, as well as some exotic ones - Noodly Appendage Coin and Magic Internet Money. Kryptonator also gives users the opportunity to see how much their “coins” are worth.
Real time
The most important user cryptocurrencies can be configured on Pinned Rates for quick access and real-time monitoring. Calculations are completed using the average value of the selected cryptocurrency prices on major online exchanges.
Each calculation is accurate and true, because the Cryptonator is synchronized with all major online exchanges. Cryptonator pricing is updated every 30 seconds, guaranteeing users that they will receive their exchange with accurate tariffs when converting cryptocurrencies to US dollars, euros or other digital values.
How does the Kryptonator launch?
The platform is available online online, and also as a free extension for Chrome. In 2014, Cryptonator announced its iOS app, which is now available for iPhone and iPad. Its functionality is similar to that presented in the Google Chrome plugin - no login is required to view the exchange rate. Soon after, an application designed for working on Android devices appeared.
How to use "Cryptonator"? In all cases, the service updates the value of cryptocurrencies every 30 seconds using the latest data extracted from the 20 most important exchangers. In order to not only view current courses, but also make an exchange, you need to register an account.
Application and Plugin
The Chrome extension itself has a great look. It is available to any user for free. The ability to set fixed rates means that users no longer need to visit multiple exchangers to check values and prices. The Kryptonator wallet makes you understand how large the community of cryptocurrency traders has become, and provides an incredibly useful tool for anyone interested in virtual currency.
The company is currently developing a universal mobile application Cryptonator, which will include additional features that are not displayed on websites or platforms for Chrome. They are yet to be seen.
Fees and commissions
Despite the possibility of a quick exchange, the creators of Kryptonator claim that this is not a traditional exchanger, but rather an electronic bank for storing money, which offers several options for currency and services. It does not ask users to order or request an exchange, and allows you to easily and quickly make transactions with one click.
All deposits and incoming cryptocurrency transactions are processed free of charge. Depending on the type of user account, Cryptonator charges a small flat fee for outgoing payments to cover transaction costs.
Fees for an outgoing transaction are calculated regardless of the amount and are fixed. So, for the withdrawal of Bitcoins, the fee will be approximately 0.05 dollars, the remaining cryptocurrencies - less than 0.01 USD. Transactions with fiat currencies have commission fees in the amount of 1 to 5 percent of the amount, both for depositing funds and for withdrawing.
Money transfers
How to withdraw money from Kryptonator? The FIAT currencies on this site can only be used for exchange or payment, so you can’t transfer them from wallet to wallet. However, the euro can be withdrawn to a bank card, as well as Russian rubles. The withdrawal of dollars, rubles, hryvnias and euros to the Payeer electronic wallet is also available, and funds are credited instantly.
What are the reviews on the Critonator?
Kryptonator has already received a high user rating and has now opened over 6,000 accounts. This is certainly a great achievement for the recently launched cryptocurrency service.
According to reviews, Kryptonator provides a simple and convenient interface. In addition, the service also provides reliable protection via SSL-connection, encrypted user data and additional two-step authentication for all accounts. Using this product, users with their personal accounts can directly be able to work with GooglePlay, Skype, iTunes, Xbox and Amazon.
With the provision of an online cryptocurrency wallet, the ease of use of the platform and the possibility of instant conversion, Cryptonator has become a necessary innovative service that is indispensable for traders and simply advanced users.
According to reviews, Cryptonator provides a solution to the general problem of how to quickly convert cryptocurrency. In addition, this platform provides accuracy and ease of use and eliminates the need to visit multiple sites to determine current rates.