Coinexchange is considered of the best cryptocurrency exchanges today, which has been established since the popularity of cryptocurrency.
However, there is not enough information about this crypto exchange’s origin and physical information. The company’s basic business model is simple, to provide high quality service.
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CoinExchange Review and Overview
Coin Exchange is a wholly crypto-to-crypto trading platform, so new digital coins investors may have trouble starting on this online platform as it would be unreasonable.
This retail store is friendly to new investors. Traders and investors alike can deposit existing cryptocurrencies into their crypto accounts for free, which is surely one of the best benefits.
Coin Exchange has provided customers with a custom jewelry design, precious metals (gold, silver, platinum, etc.), diamond jewelry, silver bullion, and remarkable customer service.
This cryptocurrency exchange provides a highly remarkable range of hundreds of different cryptocurrencies. Also, it features ICO projects that make it more than simply a crypto trading platform.
Coin Exchange Features
This crypto exchange firm is renowned for its fairly low trading charges. CoinExchnage charges a flat trading rate of 0.15%, which is beneficial when thinking of the fact that the worldwide industry average is only 0.25%. On the other hand, it must also be remembered that most competitive crypto exchange platforms out there charge rates between 0.10% and 0.20% at this point.
CoinExchange trading rates put this online platform up there with viable exchanges. The withdrawal rates, however, have been reported to be relatively high. Respective withdrawal fees for every coin are shown on the company’s official website.
Fast Verification Process
One of the rare features of the cryptocurrency exchange is its fast verification process. If investors register with a crypto account, they are able to begin trading without the need for ID verification. They don’t need account verification; hence traders are able to begin trading fast and quickly.
One vital factor to remember is that even if most cryptocurrency platforms discuss the exchange as coinexchange.io, this platform changes its domain name to coinexchange2.com in the first quarter of 2018. The firm explained that this was because of the domain name being banned or blacklisted.
Coin Exchange Review: Rare Coins, Fees, and Verification
As stated above in this Coinexchnage review, there are many coins offered by this firm. You can pick from ETH, BTC, LTC, XRP, USDT, and many more.
In terms of trading, they are 0.15 percent each time you sell or buy a coin, and deposits are free. However, Binance charges less than 0.1 percent, which is even less expensive
Improved Safety
For better security, this online cryptocurrency platform utilized a two-factor authentication system that is usually utilized in many other exchanges for further safety and protection.
The firm will send you a code directly to your mobile device the moment you ask for a withdrawal of funds from your account. This prevents a third party from withdrawing funds from your crypto wallet.
On the other hand, if combined with the fact that there are practically no details regarding the firm and the people behind it and the negative feedback made by previous users online, this cryptocurrency exchange doesn’t essentially strike the eye as totally trustworthy.
Investors or users must be extra careful when trading using this online exchange platform.
How to Make an Account?
You need to click the Coinexchange website.
Click the “Register Now “button.
Enter your valid and active email address and pick a username. You also have to make a strong password. Then press “Register.”
Then, you’ll have to confirm your email add by clicking the link the firm sends you, and that’s it.
Then you have to set up your account security; you can do this by clicking Account Settings and Security.
Click on Google Authenticator and then follow the instructions to unite your CoinExchange account with your smartphone.
How To Buy Cryptocurrency on CoinExchange.io?
The first thing to do is to make a deposit. The simplest way to carry this out is to buy Ethereum with Coinbase and then transfer it to Coinexchnage.
Make an account with Coinbase. After verification of identity and setting up your credit or debit card, then you can buy some Ethereum.
Click buy/sell
Click Ethereum
Choose the amount you want to buy
Click Buy Ethereum Instantly
CoinExchange Review: Pros and Cons
Pros
- Fixed trading fees for selling and buying coins
- Member of American Numismatic Assoc
- Many years of experience in the rare coin business
- Simple and easy to use platforms/ perfect for beginners
- Most extensive selections of coins
- Courteous service and wide loyal customer base
- Years of experience, so expect honest and trustworthy customer service
- Licensed and insured dealer
Cons
- Not many details about the firm or company
- Fiat currency deposits are not allowed
- High withdrawal charges
- Offers minimum deposit
Conclusion
I hope you find this CoinExchange review interesting and learned something from it. As a whole, they are a licensed and insured coin dealer, precious metals investments, diamonds, jewelry like wedding rings, classic timepiece, custom engagement rings, watches (new and pre-owned), and other services. All these are available for competitive prices.
This review gave you a good understanding of how this company works, its pros and cons, and how to begin trading.
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About Tim Schmidt
Tim Schmidt is an Entrepreneur who has covered retirement investing since 2012. He's also a published author, and his views on investing have been featured in USA Today, Tech Times, The Huffington Post, Nasdaq, and many more.
