Cryptal review
Updated October 12, 2026 · SumCue Editorial Team
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Our verdict
Cryptal is the first Georgian crypto exchange for buying, selling and converting major crypto assets in Lari, dollars and euros. It suits households who want simple mobile based crypto access with instant execution and combined storage under Georgian and European authorisation.
Key facts
- Best for
- Lari based instant crypto buying and selling
- Markets
- Crypto↗
- Regulators
- National Bank of Georgia (VASP), Financial Crime Investigation Service (FCIS)↗
- Investor protection
- EU ICS up to EUR 20,000↗
- Deposit and withdrawal fees
- Bank transfer free, cards 2-2.5%↗
- Platforms
- Spot Trading↗
- Legal entity
- Cryptx↗
- Headquarters
- Georgia↗
- Founded
- 2018↗
- Support channels
- Email, Help-centre↗
- Features
- Crypto, Mobile app
- Audience
- Beginners
- Official website
- cryptal.com
Crypto exchanges
Crypto wallets
Facts checked September 26, 2026, 7 sources
Apps and profiles
- Elsewhere
- LinkedInXfacebook.comcoingecko.com
Pros and cons
Pros
- Supports instant buying and selling of major crypto assets for fiat
- Holds Georgian and European authorisation through Lithuanian FCIS oversight
- Provides mobile wallet access with cold storage and full data encryption
- Issues TOL stablecoin redeemable for Lari, dollars and euros
Cons
- Covers only three fiat currencies for crypto purchases and sales
- Offers support during daytime to midnight rather than around the clock
- Focuses only on crypto with no other investing markets
Who it suits
- People who trade crypto in Georgian Lari
- Mobile users who want instant execution and wallet storage
- Beginners who want simple conversion between fiat and crypto
Who should look elsewhere
- People who need non crypto investing markets
Safety and regulation
Cryptal protects client assets with full data encryption and cold storage for offline safekeeping. It follows the CryptoCurrency Security Standard, which sets controls for key handling and system security. It holds authorisation in Georgia and in the European Union through the Lithuanian Financial Crime Investigation Service. The dual cover gives users a defined regulatory base for crypto exchange and wallet activity. The approach combines technical safeguards with supervised status rather than relying on storage alone.
How Cryptal compares
Where Cryptal is available
- Available
- Everywhere except United States
- Licence in Georgia
- National Bank of Georgia (VASP) (0002-9404), checked September 26, 2026
- Licence in Lithuania
- Financial Crime Investigation Service (FCIS), checked September 26, 2026
Frequently asked questions
What crypto assets does Cryptal cover?+
Cryptal covers Bitcoin, Ethereum, Tether and Litecoin alongside other supported crypto assets. It enables buying, selling and conversion between those assets and fiat balances. The range stays focused on liquid crypto rather than broader investing markets.
What is TOL?+
TOL is a fiat backed stablecoin introduced by Cryptal. It is redeemable for Lari, dollars or euros and sits alongside other traded assets. It gives users a stable balance option inside the crypto exchange.
Where does Cryptal operate and who authorises it?+
Cryptal operates as the first Georgian crypto exchange with authorisation in Georgia and the European Union. Oversight in Europe comes from the Lithuanian Financial Crime Investigation Service. That structure supports exchange and mobile wallet activity across the regions served.
How does Cryptal protect stored assets?+
Cryptal uses full data encryption and cold storage to keep assets safe. It complies with the CryptoCurrency Security Standard for key handling and system protection. The combination links technical safeguards with supervised exchange operations.
Which regulators oversee Cryptal?+
Cryptal is overseen by National Bank of Georgia (VASP), Financial Crime Investigation Service (FCIS). (Source, checked September 26, 2026)
Which platforms does Cryptal support?+
Cryptal supports Spot Trading. (Source, checked September 26, 2026)
Where is Cryptal based?+
Cryptal is based in Georgia. (Source, checked September 26, 2026)
When was Cryptal founded?+
Cryptal was founded in 2018. (Source, checked September 26, 2026)
How can I contact Cryptal support?+
Cryptal offers support through Email, Help-centre. (Source, checked September 26, 2026)
Sources
- coingecko.com/en/exchanges/cryptal checked September 26, 2026
Backs: Coins listed, Coins supported
“id=cryptal; coins=27; pairs=68”
- apps.apple.com/lt/app/cryptal-buy-btc-usdt-crypto/id64437... checked September 26, 2026
Backs: Price
“Free”
- cryptal.com checked September 26, 2026
Backs: Exchange type
“Licensed crypto exchange and wallet”
- cryptal.com/en checked September 26, 2026
Backs: Custody, Derivatives, Features, Platforms, Wallet type
“cold storage to keep your assets safe”
- cryptal.com/en/about-us checked September 26, 2026
Backs: Audience, Founded, Investor protection, Markets, Regulators, Licences
“Whether you're new to investing or have some experience - main retail Spot exchange account”
- cryptal.com/en/fees checked September 26, 2026
Backs: Deposit and withdrawal fees, Fiat deposit methods
“Bank Transfer - Free - main retail Spot exchange account; Bank Card TBC 2%”
- revieweek.com/review/cryptal checked September 26, 2026
Backs: Headquarters, Legal entity, Support channels
“Georgia, Tbilisi”
Compiled from 7 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Minimum deposit, Stock trade fee, Account fee, Inactivity fee, Retail accounts that lose money.