Criptoswaps

Criptoswaps is a centralized crypto trading platform aimed at Turkish users, built on the Peatio matching engine and offering spot pairs quoted in USDT, BTC, ETH and BNB. It addresses the need of local users for a locally presented, rule-checkable venue to buy and sell crypto assets. Both sides of a trade are charged 0.2%, and the platform offers no fiat deposit channel. Asset custody uses a hot and cold wallet split with multi-signature signing, and the hot wallet holds only a small amount of liquidity.

In narrative terms it is the spot matching layer of a regional fiat-to-crypto venue, without derivatives or leverage. Because no fiat channel is connected, deposits and withdrawals depend on outside routes. The amount of assets that can be moved is bounded jointly by the multi-signature threshold and the cold storage transfer process, while the hot wallet balance determines how quickly routine withdrawals can be served. Its listed assets are few, and trading concentrates in a handful of major pairs.