About Crosstower
Founded in 2019, CrossTower is a digital assets capital markets firm founded by financial industry veterans on a mission to bring digital asset trading and investing to institutional and professional traders. The firm first launched a multi-asset trading platform last year, and has since expanded to include a capital markets desk with best-in-class services and products tailored to the needs of hedge funds, family offices and other markets participants.
CrossTower has leveraged its vast experience in trading, technology, operational infrastructure, innovative pricing, regulations and compliance to open up digital assets to a sophisticated audience. They have spent the past 20 years designing, building, and maintaining the infrastructure of the financial services industry with the goal of creating ever more frictionless capital markets. CrossTower is an integral step towards reaching that goal.
CrossTower Bermuda Ltd. (DBA “CrossTower Global”) is a digital asset trading platform registered as a Digital Asset Business, holding a Class M license granted by the Bermuda Monetary Authority. While CrossTower Global supports customers from various countries, it does not support U.S. customers (individuals or institutions).
CrossTower Inc. (NMLS License #1979754) is a digital asset trading platform registered as a U.S. Money Service Business with FinCEN, supporting U.S. customers in certain states and may also support certain non-U.S. customers. If you have questions about whether CrossTower Global or CrossTower Inc. is available in your jurisdiction please contact: support@crosstower.com.
Operating Company
Exchange Name | CrossTower |
Support | 24/7 |
Language | English |
Maker Fee | 0.05% |
Taker Fee | 0.06% |
Withdraw Fee | 70.4 BAT |
Official Site | Homepage |
Trading fees
CrossTower has a unique Taker-Maker fee structure, where individual traders are paid a rebate when executing “taker” orders against resting liquidity. See below for a more detailed description. The table below outlines the outlines the fee schedule for different types of customers and volume tiers.
(Last updated: Apr.03, 2021)
30-Day Trading Volume (BTC) | Maker | Taker (Individual) | Taker (Institutional) |
< 30 BTC | 0.05% | 0.00% | 0.06% |
30 BTC – 100 BTC | 0.03% | 0.00% | 0.06% |
> 100 BTC | 0.01% | 0.00% | 0.06% |
TR Pairs** | 0.05% | -0.01% | -0.01% |
* Trading fees & rebates are calculated in the Quote Asset.
** For TR (Taker Rebate) pairs, the trading fee is fixed at Taker -0.01% / Maker 0.05% for all customers:
- BTC/USD_TR
- BTC/USDC_TR
Withdrawal fees
Below is a list of CrossTower assets and their respective withdrawal fees. USD Wire transfer and Signet Transfer fees are mentioned below as well.
Digital Assets
Asset | Withdrawal Fee |
BAT | 70.4 BAT |
BCH | 0.0002 BCH |
BTC | 0.0004 BTC |
DAI | 100.01 DAI |
ETH | 0.0115 ETH |
LINK | 2.0016 LINK |
LTC | 0.002 LTC |
MANA | 69.553 MANA |
MKR | 0.01873 MKR |
NMR | 1.537 NMR |
USDC | 99.982 USDC |
USDT | 100.01 USDT |
XLM | 1 XLM |
ZEC | 0.001 ZEC |
ZRX | 51.194 ZRX |
* Withdrawal fees and processing time may fluctuate due to network congestion.
What are taker/maker fees?
A taker fee will be charged if your order was executed immediately against existing resting orders, as your order would remove (take) liquidity.
An order will be charged a maker fee if it was not executed immediately against existing liquidity, but was instead added to the order book before being matched with a taker (making liquidity).
Please note that market orders will always be considered taker orders and thus be charged taker fees. For limit orders, if you would like to ensure that your order is a maker order, please use the “Post Only” option when placing your order.
***Note that limit buys where the limit price is above the highest bid, and limit sells where the limit price is below the lowest ask, will take liquidity.
Withdrawal limits
Verification Level | Daily Withdrawal Limit |
Unverified | $0 |
Verified | $50,000 |
Pro | $500,000 |
Institution | Client specific limits |
These limits are calculated in USD equivalent and applies across both fiat (USD) and digital assets. CrossTower securely stores all digital assets in a combination of online and offline storage. As a result, and in accordance with your withdrawal instructions, it may be necessary for CrossTower to retrieve certain digital assets from offline storage in order to facilitate your digital asset withdrawal. This may delay the initiation of such digital asset withdrawal for a period of time, which may be significant.
CrossTower is on a mission to mainstream digital asset investing and trading
They believe that bringing the advanced trading tools, rigorous security, compliance safeguards, price efficiencies, and support models from the global equity markets into digital assets will make this a reality.
Advanced Trading Tools
Robust API & Connectivity
Access market data and trading services through our FIX, RESTful, and WebSocket APIs and achieve lightning fast trading on a low-latency high-throughput platform via co-location.
Customizable User Interface
CrossTower Track multiple markets at a time and personalize the layout of our trading terminal through deep customization options and multi-screen support.
Innovative Order Types
The leading matching engine supports basic order types including Market, Limit, Stop Market, as well as advanced order types like Stop Limit, and Scaled with Time-in-Force instructions including Good-Till-Canceled, Fill-Or-Kill, Immediate-Or-Cancel, Day, Good-Til-Date/Time as well as Post-Only option.
Liquidity Makes a Market
CrossTower offer tight bid-ask spreads, deep order books, best-in-class risk management, and high-quality trade execution. For this reason they have partnered with active global liquidity providers and the world’s biggest market makers.
With the strong expertise in equities and options markets, they have designed our platform to mitigate risk for customers. They provide multi-layer protections and risk management tools so that liquidity providers can confidently offer deep liquidity.
Best Execution Quality
Deep liquidity with tight spreads and market depth will minimize market impact and provide better execution quality.
Maximize Your Returns
CrossTower transparent, low cost trading model along with best execution minimizes your cost to help you maximize your returns.
Free and easy to use mobile solutions
Combining a straightforward design with advanced order types and analytical tools for experienced traders, CrossTower offers a simple buy & sell interface for traders of all levels.
High Security and Rigorous Safeguards
Custody
Know that most of assets are held in the offline, air-gapped cold storage system that uses a multisig digital signature scheme to prevent against the loss or compromise of any private key.
Cybersecurity
CrossTower exchange infrastructure is hosted in a world-class Equinix data center that is SOC 2 Type II, ISO 27001 and PCI compliant and cybersecurity practices are audited by a leading cybersecurity expert.
Regulatory Compliance
They are a US-based exchange dedicated to fully complying with the regulatory framework of the United States and every jurisdiction in which they operate.
AML/KYC
Rest assured knowing that CrossTower takes every measure to prevent fraud and be fully compliant with AML/KYC regulations.
Disclaimer:
Not All The Websites Which Listed In Top List Are 100% Safe To Use Or Investment. We Do Not Promote Any Of Those. Due Diligence Is Your Own Responsibility. You Should Never Make An Investment In An Online Program With Money You Aren’t Prepared To Lose. Make Sure To Research The Website. So Please Take Care Of Your Investments. And Be On The Safe Site And Avoid Much Losing Online.