Crypto.AM

Crypto.AM is a physical over-the-counter cryptocurrency exchange based in Yerevan, Armenia. The company operates from the Citadel Business Center at 105/1 Teryan Street — a central location in Armenia's capital — and serves customers who want to buy, sell, or cash out cryptocurrency in person without opening an account on an online platform.

How It Works

Crypto.AM targets users who prefer face-to-face transactions over self-custodied wallets or centralized exchange accounts. The exchange process is designed around three steps: select the direction of the exchange (buy or sell), provide the necessary payment and wallet details, and confirm the transaction. The company states that most transactions are completed in under five minutes.

A defining feature of the service is that no user registration is required. Customers contact Crypto.AM, specify the transaction they want to make, and either receive cryptocurrency to a provided wallet address (for purchases) or transfer cryptocurrency to a company wallet and receive fiat in return (for sales). This frictionless approach to onboarding lowers the barrier for new users and for those who prefer not to maintain accounts on online exchanges.

Fees and Limits

For transactions valued at under $1,000, Crypto.AM charges a fixed commission of $20. The company states there is no minimum transaction size, which makes the service accessible for smaller purchases, though the flat-rate commission makes small transactions proportionately more expensive. The fee structure for larger transactions is not publicly disclosed on the website.

Location and Contact

The exchange operates from:

• Address: 105/1 Teryan Street, 0005, Yerevan, Armenia (Citadel Business Center)
• Email: [email protected]
• Phone: +374 77 122223
• Social channels: Facebook, Instagram, Telegram, WhatsApp, and Viber

The company also advertises international reach, describing itself as having branches abroad and working with reliable international partners, though specific partner names and international office locations are not publicly disclosed.

Supported Assets

Crypto.AM markets itself as supporting all types of cryptocurrencies at the best current exchange rate, though no specific list of supported assets appears on its website. Independent directory listings characterize it as a general cryptocurrency exchange. The absence of a public asset list means prospective customers must contact the company directly to confirm support for specific tokens, including Solana (SOL) or Solana-based assets.

Reputation

Crypto.AM claims more than 2,000 positive customer reviews and describes its track record as representing over two years of excellence. These figures are self-reported on the company website; no independent review aggregator profile for Crypto.AM specifically was located during research. Third-party cryptocurrency directory CryptoNVG lists Crypto.AM among Yerevan's active physical exchanges and describes it as a safe and fast cryptocurrency exchange.

Team and Licensing

No team members are named publicly, and no regulatory license numbers or compliance certifications are disclosed on the website. Armenia's regulatory environment for virtual asset service providers has been evolving. The Central Bank of Armenia has advanced draft legislation for crypto asset regulation, and businesses operating in the sector are expected to complete licensing by January 2027. Crypto.AM's current registration or licensing status under this framework is not publicly stated.

Armenia's Crypto Context

Armenia has become a notable location for cryptocurrency activity, partly due to geographic proximity to markets with high crypto demand and a relatively accommodating regulatory stance during the industry's growth period. Yerevan hosts several physical crypto exchanges and ATMs, with Crypto.AM operating as one of the longer-established walk-in services in the city center. The Citadel Business Center location places it in a high-traffic professional district, and the company's emphasis on speed and no-registration access aligns with the preferences of customers seeking straightforward fiat-to-crypto and crypto-to-fiat conversions without the onboarding friction of online platforms.

Summary

Crypto.AM occupies a niche that is common in cities with active OTC crypto demand but underdeveloped retail banking infrastructure for digital assets: a trusted, in-person exchange point where customers can convert cash to crypto or crypto to cash quickly and without creating an online account. Its Solana ecosystem relevance is limited to its potential role as a local off-ramp and on-ramp for SOL holders in Armenia, rather than any on-chain or DeFi integration.