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Cryptsy

Discussion in 'Exchanges' started by TanteStefana, Mar 24, 2014.

  1. TanteStefana

    TanteStefana Grizzled Member
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    I've traded on C-Cex and Cryptsy and both have been fine. I don't keep any coin on the sites though, they are withdrawn when my business is finished. I don't want to trust my funds in an online wallet.
     
  2. admin

    admin Guest

    I have always used Cryptsy with no other issues other then being slow sometimes. If someone asked me what exchange to use, I would recommend them.
     
  3. 24601

    24601 New Member

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    The only issue I have with Cryptsy is that the DRK withdraw cost is huge compared to other coins. 0.1 drk compared to 1 doge.... If anyone can explain to me why there is this huge difference I'd appreciate it. Is this simply because of the volume of the trading of the two coins is a lot different?
     
  4. Sub-Ether

    Sub-Ether Well-known Member

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    Is the slow deposit and withdraw times safer due to longer confirmation times, we have all heard the excuses of Mt Gox and the double spends hacks. Or is it merely Big Vern's badly run server, I for one don't mind waiting if it makes everything less hackable and secure.
     
  5. Populandum

    Populandum Well-known Member
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    Cryptsy is a necessary evil for Darkcoin at this point.
    Deposits take forever and you hear a lot of complaints about them, but they got volume.
    I feel like they're the Mt. Gox of altcoins.
    I'm always nervous when trading there, but I still do..:confused:
     
  6. fernando

    fernando Powered by Dash
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    Just a pointer for those worried about revealing your identity. A couple of days ago they have started to ask people to verify their ID. They said that if you don't do it you won't be able to trade agaist USD (they have been announcing USD markets for months but they never launch them...) and your withdrawals will be limited to 1000 USD per day OR THE EQUIVALENT AMOUNT IN CRYPTO. They didn't say when they would start enforcing that limit, but you better verify or don't trade big there.

    Edit: changed a word in last sentence because it was a typo
     
    #6 fernando, May 17, 2014
    Last edited by a moderator: May 26, 2014
  7. pbleak

    pbleak Active Member

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    They are slow for deposits so if you want to move it's maybe wise to keep some (small) coin there if you are trading. Withdrawal seems fine. They have decent support too if create a ticket.
     
  8. buster

    buster Guest

    why better we verify if we don't trade big? If we are not going to be trading USD there is no reason to verify correct?
     
  9. fernando

    fernando Powered by Dash
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    That was a typo, I just read and what I was trying to say is verify OR don't trade big there. You are right, you don't need to. But be careful not to accumulate a lot coins there just in case you have trouble withdrawing.
     
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  10. buster

    buster Guest

    thank you, I was like :confused:
     
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  11. XPLZ

    XPLZ New Member

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    My gentleman i tried cryptsy but it was very slow with deposits and withdraw (just that day i got my first impression) i went to MinPal instead and it's working good so far.
     
  12. fernando

    fernando Powered by Dash
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    WTF Cryptsy!!! new level of creepiness!! I had started the process of verification just in case I need to trade bigger than 1000 usd, but this is not acceptable. All my balances there at zero right now.
    [​IMG]
     
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  13. fernando

    fernando Powered by Dash
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    On another note, they have lowered their withdrawal fee for DRK form 0.1 to a more reasonable 0.01 DRK.
     
  14. vertoe

    vertoe Three of Nine

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    I totally paniced when I saw that. I had like 50 BTC in Cryptsy and a 1000 USD limit would mean for me like one month hard work to get it out again. I was lucky the limits were not applied yet and panic-withdrew all of my funds. I will never touch this exchange again.

    And since all my personal data got stolen with the MtGox hack, I'm not sending my ID to any crap exchange as long as I really do not need to. Screw Cryptsy.
     
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  15. LiteBit.eu

    LiteBit.eu New Member

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    cryptsy is a quite stable player for buying and selling darkcoin. They seem to take the DRK more serious then before.
     
  16. GreyGhost

    GreyGhost Well-known Member
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  17. iHeartSmartArt

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    [​IMG]
    https://www.cryptsy.com/
    is a fair choice of exchange in my mind. Its located in USA, complies with AML and KYC.

    I'v never had a problem with their withdrawls. Set-up the 2-FA on the phone app called "Authy" from the android/iPhone market and you are all good.

    Money Orders sent to Cryptsy by mail for USD deposits are always faster then echecks. This could make all the difference.
     
  18. vertoe

    vertoe Three of Nine

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    But isnt the 1000 USD limit bothering you or are you veryfied or only dealing with small amounts?
     
  19. iHeartSmartArt

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    *First, I got verified.
    Choose: Paying via Cashiers, BillPay, Personal, or Company Check, Money Order,
    The Maximum Deposit: $20,000 per Money Order w/ Fee: No fee
     
  20. tungfa

    tungfa Administrator
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    I never had a problem there ether,
    but i do not trust anybody with US$ Bank transfers !
    I only do localbitcoin.com for BTC and then go from there to exchanges (Crypsy / Mintpal) to get DRK.
    I think this is the safest way and it never failed me ! ...>>
    (and super fast / you see the market change and you still can get in it 30 minutes after)
     
  21. FlipPoker

    FlipPoker New Member

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    I have always used cryptsy.. before I used BTC-e. But I went over to cryptsy because they have more coins etc.
    The only thing I think is pretty dusturbing with cryptsy is that the deposits are really really slow sometimes. The withdrawals are faster than deposits (lol).
     
  22. silikonski

    silikonski New Member

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    To deposit DRK on Cryptsy and have them as "Available Balance" takes 10-15 min, and you can see your "Pending Deposits" in less then 5 min.
     
  23. Lord Of The Internet

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    watch your ass with cryptsy. i've heard some horror stories.

    I have another round of someone trying to break into my cryptsy account. The only thing stopping them is 2fa.
     
  24. iHeartSmartArt

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    Might as well 2FA your Darkcointalk account as well. With the MN service here, I surly did.
     
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  25. vertoe

    vertoe Three of Nine

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    +1
     
  26. Lord Of The Internet

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    done!
     
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  27. stonehedge

    stonehedge Well-known Member
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    I've been waiting over an hour for a withdrawal of DRK from Cryptsy. The withdrawal is "confirmed" on my account page but hasn't hit the blockchain yet. This is painful!
     
  28. stonehedge

    stonehedge Well-known Member
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    My god, this is painful! Over two hours since Cryptsy confirmed my DRK withdrawal and it STILL hasn't hit the blockchain. Their chat mods have told me that this is not abnormal and that I shouldn't worry. I'm not actually worried about my coins...more worried about the time window that I have to work with!
     
  29. pbleak

    pbleak Active Member

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    Cryptsy are slow as all hell. Try Bittrex next time or even Poloniex. Both are good speed-wise.
     
  30. stonehedge

    stonehedge Well-known Member
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    I'm reading horror stories of (large) withdrawals not happening until your account is verified but verification taking up to two months!

    I'm not happy with this at all. Its at times like this that I almost sign up to twitter so I can start bad mouthing companies.

    It took 4 hours to get access to my deposited BTC yesterday and now I'm looking at hours to months to get my withdrawal processed.

    This is seriously annoying.