CryptalDash Review: Fees, Features, and Why It Disappeared

Posted By Tristan Valehart    On 8 Nov 2024    Comments (22)

CryptalDash Review: Fees, Features, and Why It Disappeared

CryptalDash Fee Comparison Calculator

Fee Comparison Overview

CryptalDash offered a flat 0.10% trading fee, significantly lower than the industry average of ~0.25%. Below is a comparison table showing fee structures for key exchanges in 2020.

Exchange Trading Fee Withdrawal Fee (BTC)
CryptalDash 0.10% flat 0.0005 BTC
Industry Average ≈0.25% (maker-taker tiered) ≈0.0008 BTC
Binance (2020) 0.10% maker / 0.10% taker 0.0004 BTC

CryptalDash's fee advantage: 0.15% lower than industry average

Bitcoin withdrawal fee: 0.0003 BTC lower than average

Calculate Your Potential Savings

Estimate how much you could save using CryptalDash's flat 0.10% fee versus the industry average of 0.25%.

Estimated Savings

Why CryptalDash Was Unique

CryptalDash stood out with its flat 0.10% fee, which was about half the industry standard. It also offered a unique "collective buying" model where small orders were pooled to negotiate better prices. However, it had limited coin support and no fiat on-ramps.

Note: CryptalDash shut down in December 2020 and rebranded to DLTify. The original platform is no longer operational.

When a Ukrainian startup marketed itself as the "Groupon of the crypto world," curiosity spiked. CryptalDash was that platform - a crypto exchange that tried to pool tiny buyers into a single, stronger negotiating force. It promised ultra‑low fees, a handful of major coins, and a flat‑rate pricing model. Yet, by the end of 2020 the brand vanished, re‑emerging as DLTify. This review unpacks what CryptalDash offered, how its costs stacked up, why it struggled to attract users, and what the transition to DLTify means for anyone still Googling the name.

TL;DR

  • CryptalDash charged a flat 0.10% trading fee, well below the industry average of ~0.25%.
  • Supported Bitcoin, Ethereum, USDT, Dimecoin, and its own CryptalDash token.
  • Only wire‑transfer deposits were accepted - no credit‑card or fiat‑on‑ramp.
  • Operated from Ukraine, shut down Dec282020 and rebranded to DLTify.
  • Limited user feedback and a single 5‑star review make reliability hard to gauge.

What CryptalDash Actually Did

The exchange’s headline feature was its "collective buying" model. Small investors were grouped together, and the pooled order was executed as a single trade. In theory, this gave the group the market‑depth of a larger player, nudging the price in the buyer’s favor. Unfortunately, public documentation never detailed the minimum group size, the algorithm that matched orders, or the exact savings users could expect. The concept sounded novel, but without transparent mechanics it stayed more of a marketing hook than a proven advantage.

From a technical standpoint, CryptalDash listed the usual suspects: Bitcoin (BTC), Ethereum (ETH), USDT (a stablecoin), Dimecoin, and the platform’s own CryptalDash token. The selection was modest, covering the most liquid cryptos but leaving out many altcoins that traders often chase for higher upside.

Fee Structure Compared to the Rest of the Market

Where CryptalDash truly shone - at least on paper - was its flat fee. Every trade, whether you were a maker (adding liquidity) or a taker (removing liquidity), incurred a 0.10% charge. At the time, the global average sat around 0.25%, putting CryptalDash in the lower‑tier bracket. Below is a side‑by‑side look at how its costs measured up against the broader market.

Trading fee comparison (2020 snapshot)
Exchange Trading Fee Withdrawal Fee (BTC)
CryptalDash 0.10% flat 0.0005BTC
Industry Average ≈0.25% (maker‑taker tiered) ≈0.0008BTC
Binance (2020) 0.10% maker / 0.10% taker 0.0004BTC

The Bitcoin withdrawal fee of 0.0005BTC was also below the typical 0.0008BTC charge most platforms applied. For a trader moving small sums, the fee savings could add up, especially over many trades.

Deposit Options - The Achilles’ Heel

Low fees won’t matter if you can’t get money onto the platform. CryptalDash only accepted wire‑transfer deposits. No credit‑card, debit‑card, or instant fiat on‑ramp was available. That limitation raised the entry barrier for newcomers, who often prefer a simple card top‑up to test a new exchange. The lack of diverse deposit methods also slowed onboarding, contributing to the thin user base reflected in the single recorded review.

User Experience and Community Signals

User Experience and Community Signals

Public sentiment is hard to gauge. The exchange logged just one review on comparison sites, a perfect 5.0 rating. While that sounds impressive, a solitary data point doesn’t reveal consistency, support quality, or platform stability. The absence of a broader community - no active forums, minimal social media chatter, and sparse media coverage - suggests CryptalDash never achieved the network effects that larger exchanges rely on.

Why Did CryptalDash Shut Down?

The official line was a voluntary shutdown on December282020, followed by a rebrand to DLTify. Industry observers note a few plausible reasons:

  1. Limited market traction: With only a handful of coins and restrictive deposit options, attracting a critical mass of traders proved tough.
  2. Regulatory environment: Operating out of Ukraine placed the platform under evolving European crypto regulations, which may have added compliance burdens.
  3. Strategic pivot: The team might have decided to shift focus from a retail exchange to a different blockchain service, hence the birth of DLTify.

There’s no evidence of a forced closure due to legal action or insolvency, but the rapid rebrand indicates a desire to distance the new venture from the limited legacy of CryptalDash.

What DLTify Offers Today

While the original review focuses on CryptalDash, it’s worth noting that the successor, DLTify, claims to provide a broader suite of blockchain services, including token issuance and smart‑contract tooling. As of 2025, DLTify has not positioned itself as a direct competitor to major exchanges, instead targeting developers and enterprises needing infrastructure. Users looking for a traditional spot‑trade exchange should therefore look elsewhere.

Should You Consider CryptalDash Now?

Short answer: No. The brand no longer operates, and the platform’s historical limitations remain relevant for anyone evaluating legacy reviews. However, the fee model itself is still instructive. Modern exchanges like Binance, Kraken, and Bitstamp now offer tiered fees that dip to 0.10% for high volume traders - a direct response to the low‑fee pressure pioneered by niche players.

If you love the idea of collective buying power, you might explore decentralized liquidity aggregators (e.g., 1inch, Paraswap) which pool orders across multiple DEXs in real time, delivering better rates without a central “group” requirement.

Frequently Asked Questions

Is CryptalDash still usable for trading?

No. The platform shut down at the end of 2020 and rebranded to DLTify, which does not offer spot trading for the public.

How did CryptalDash’s fees compare to Binance?

Both charged 0.10% flat for trades, but Binance also offered reduced fees for higher volume users and a slightly lower Bitcoin withdrawal fee (0.0004BTC vs 0.0005BTC).

What is the “collective buying” model?

It groups small orders into a single large order to improve pricing. CryptalDash marketed this idea but never disclosed the exact algorithm or minimum group size.

Can I still deposit to CryptalDash via wire transfer?

No. The service is offline. Any wire‑transfer details previously shared are no longer active.

Are there any modern alternatives that use group buying?

Decentralized liquidity aggregators like 1inch and Paraswap blend orders across multiple platforms in real time, achieving a similar “bulk‑order” effect without a central intermediary.