A crypto guide must provide reviews of all of the exchanges out there, so that you can find the right one for you. This review of Coinipop consists of four parts: general information, fees, deposit methods and security.
Coinipop General Information
Coinipop is one of the many International crypto exchanges. There are loads of coin exchanges from the Estonia. Estonia is in a way the European Mecca of crypto trading.
The exchange offers its user interface in english.
The platform is also available to use on your smart phone or reading tablet. All you need to do is to download the application to your iOS-device or Android-device and then start trading.
Coinipop is owned and operated by CRYPTO HOUSE OÜ, a company incorporated in Estonia and regulated by the Financial Intelligence Unit (“FIU”), licensed to provide services of exchanging a virtual currency against a FIAT currency.
+44-20-3769-9403 (United Kingdom)
US-investors may not trade here. There are many things making it complicated for non-US crypto exchanges to accept traders from the US. First and foremost, it’s the US’ legal regime. The US-legal regime imposes tough obligations on many companies accepting funds from US-investors. Such obligations include,inter alia, preparing info material in accordance with SEC-standards and registering them with the SEC (which is a very burdensome process). If you’re from the US, you shouldn’t be too sad though. Use our Exchange Finder to find a US-friendly exchange for you.
Coinipop how to start
A Few Small Steps
Choose Your Level
You decide what is the Bitcoin amount you wish to purchase. Please refer to the levels table we offer and select the level that right for you.
Creating an account is a simple procedure that takes few minutes. You are welcome to see our Tutorial explaining step by step how to complete it quickly and easily.
Upload your identification documents, our compliance team will review them and then verify your account. Please make sure it is clear, readable and valid.
Coinipop Trading View
Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen crypto and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can see that it feels right to you.
Coinipop Trading fees
This specific exchange charges its fees on a “flat” basis. This means that they do not have different fees for takers or makers. Both parties in a trade needs to pay the same fee. Coinipop’s flat fee is 0.20%. 0.20% is slightly below the global industry average.
However, compared to its Hong Kong domestic counterparts, 0.20% is actually a bit above industry average. This is because Hong Kong exchanges typically charge lower trading fees than exchanges from other countries.
Coinipop Withdrawal fees
Many exchanges have competitive trading fees but then hit you on the way out with their withdrawal fees. Let’s say you have reached your investment goals and you are looking to pay with Bitcoin in real life. In order to do so, you need to withdraw the funds. And when doing so, the exchange can make up for its low trading fees by charging you high withdrawal fees when you’re halfway out the door.
Coinipop doesn’t do this however. They charge a withdrawal fee of 0.0007 BTC when you withdraw BTC. This is slightly below the global industry average of 0.000812 BTC. Coinipop also does not charge any deposit fees for crypto deposits.
Coinipop offers wire transfer as a deposit method, but you can’t deposit via credit card. The fact that Coinipop offers you the opportunity to deposit fiat currency at all makes it what we call an “entry-level exchange”.
Yes, Coinipop is definitely worth checking out!
As you might have gathered by this point, the exchange in question does possessa lot of different features and benefits, as far as the user is concerned. It hasan amazing array of cryptocurrenciesfor you to pick from, issimple to use, utilizesstrong securitymeasures, hasfiat trading options, and plenty of other, additional features (leverage trading, referrals, etc.).
As far as the cons of the exchange go, there aren’t all that many “issues” to talk about.That’s rare!Sure, the fiat-crypto fees might bea tad bit high, but that’s not really the fault of the exchange –anywhere you look, the situation is going to be the same, or at least very similar.
The actual trading and withdrawal fees of the Coinipop exchange are very reasonable, and while the platform might notwin any awards in regards to the number of user Coinipop reviews you might find online,it isslowly making a name for itself, and becoming one of thebest cryptocurrency exchangeson the market.
As you might have gathered by this point, the exchange in question does possess a lot of different features and benefits, as far as the user is concerned. It has an amazing array of cryptocurrencies for you to pick from, is simple to use, utilizes strong security measures, has fiat trading options, and plenty of other, additional features (leverage trading, referrals, etc.).
- Low trading and withdrawal fees
- Buy crypto with credit & debit cards, PayPal, bank transfer
- A wide selection of cryptocurrencies
- Secure, many extra features
- Not that many user reviews found online
- Not European Regulated
- simple platform with limited options
- No educational or tutorial materials
- simplicity and ease of use 0%
- Security 0%
- Cryptocurrencies offered 0%
- Customer Support 0%
- fees and costs 0%