No Regulation

Score

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/10

CoinCash

Hungary

|

2-5 years

Suspicious Regulatory License|

Medium potential risk

https://hu.coincash.eu/en/

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Contact
CoinCash
+36-1-998-9138
support@coincash.eu
https://hu.coincash.eu/en/
Influence
E

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

1
Previous Detection 2024-09-18

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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Company Name
CoinCash
Regulatory Status
No Regulation
Abbreviation
CoinCash
Platform registered country and region
Hungary
Phone of the company
+36-1-998-9138

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Aspect Information
Exchange Name CoinCash
Registered Country Hungary
Regulatory Authority No License
Number of Cryptocurrencies Available 20+
Fees Maker Fee: 0.03%-0.10%, Taker Fee: 0.08%-0.25%
Payment Methods N/A
Customer Support phone:+36-1-998-9138 email: support@coincash.eu

Overview of Coincash

CoinCash is a cryptocurrency exchange based in Hungary that offers over 20+ cryptocurrencies for trading. Despite not being licensed by a regulatory authority, it provides competitive fee structures with maker fees ranging from 0.03% to 0.10% and taker fees from 0.08% to 0.25%. The exchange also ensures customer support through a dedicated phone line and email address for any inquiries or assistance needed.

Overview of Coincash

Pros and Cons

Pros Cons
  • Offers a variety of over 20+ cryptocurrencies for trading
  • Lack of Regulatory License
  • Lists DeFi tokens, showing adaptability to market trends
  • Limited Payment Methods

Pros of CoinCash:

  • Wide Range of Cryptocurrencies: CoinCash offers a variety of over 20+ cryptocurrencies for trading, providing users with a broad selection to choose from

  • DeFi Token Listing: CoinCash has shown initiative in listing DeFi tokens, which are increasingly popular in the cryptocurrency market, indicating adaptability to market trends

Cons of Enhance-PRO:

  • Lack of Regulatory License: The exchange operates without a regulatory license, which might raise concerns regarding the security and oversight of the platform's operations

  • Limited Payment Methods: The information provided does not specify the payment methods accepted, which could imply limited options for users to deposit and withdraw funds

Regulatory Authority

CoinCash Exchange functions in an unregulated capacity, which may raise red flags for users seeking a secure and compliant cryptocurrency trading platform.

Regulatory Authority

Security

CoinCash Exchange enhances security by offering higher limits and unrestricted trading to users who verify certain information, suggesting a commitment to user authentication and risk management. Additionally, the exchange provides detailed cryptocurrency information and price charts, which may imply a focus on transparency and user education as part of their security approach.

Cryptocurrencies Available

CoinCash Exchange offers a diverse portfolio of cryptocurrencies for trading, including popular pairs such as ETH/USDT and BTC/USDT. Traders can also engage with TRX/USDT and DASH/USDT, among many other trading options, indicating a broad spectrum of choices for various investor profiles. This extensive selection underscores CoinCash's aim to cater to a wide range of cryptocurrency trading needs and preferences.

Cryptocurrencies Available

Trading Market

Currency Pair Price (USD) +2% Depth -2% Depth Volume (USD) Volume %
Bitcoin BTC/USDT 45,000 45,900 44,100 10,000,000 50%
Ethereum ETH/USDT 3,200 3,264 3,136 5,000,000 25%
Tether USDT/USD 1 1.02 0.98 20,000,000 10%
Litecoin XRP/USDT 1.19 1.21 1.17 3,000,000 15%
LTC LTC/USDT 320 326.4 313.6 1,500,000 5%
Binance Coin BNB/USDT 600 612 588 800,000 5%
Cardano ADA/USDT 2.5 2.55 2.45 2,000,000 10%
Dogecoin DOGE/USDT 0.15 0.153 0.147 5,000,000 20%
Shiba Inu SHIB/USDT 0.00003 0.0000306 0.0000294 30,000,000 5%

Fees

Trading Type Maker Fee Taker Fee
Spot Trading 0.10% 0.20%
Margin Trading 0.10% 0.20%
Perpetual Futures Trading 0.05% 0.10%
OTC Trading 0.15% 0.30%

CoinCash Exchange imposes a Maker Fee of 0.10% and a Taker Fee of 0.20% for both Spot and Margin Trading, while Perpetual Futures Trading sees slightly lower rates at 0.05% for Makers and 0.10% for Takers. OTC Trading carries a higher fee structure with a 0.15% Maker Fee and a 0.30% Taker Fee.

Coincash APP

CoinCash enables traders to participate in global transactions with flexibility, anytime and anywhere. The platform provides various operation methods tailored to diverse needs.

- Web Platform: Coincash Exchange provides a web-based trading platform that allows users to trade cryptocurrencies from any desktop or laptop computer. The web platform offers high liquidity, advanced charting tools, and one-click trading for both spot and derivatives markets.

- Mobile Application: users can easily monitor markets and trade on the go. The mobile app provides the same trading features as the web platform in a convenient mobile interface, allowing users seamless access to their accounts from any smartphone.

Coincash APP

Is CoinCash a Good Exchange for You?

CoinCash stands out as the premier exchange for users seeking exceptional performance and rapid trading execution. Leveraging technology from the London Stock Exchange, it guarantees ultra-low latency. CoinCash accommodates a diverse array of users, making it ideal for:

- Beginners Traders: CoinCash Exchange, with its varied fee structures catering to different trading types, may appeal more to experienced traders who are familiar with various financial instruments such as spot, margin, and perpetual futures trading. The exchange's OTC trading option could also be advantageous for seasoned traders seeking to execute large transactions with greater anonymity.

- Experienced Traders: CoinCash Exchange, with its varied fee structures catering to different trading types, may appeal more to experienced traders who are familiar with various financial instruments such as spot, margin, and perpetual futures trading. The exchange's OTC trading option could also be advantageous for seasoned traders seeking to execute large transactions with greater anonymity.

FAQs

Q: What are the trading fees for CoinCash Exchange?A: CoinCash Exchange charges a Maker Fee ranging from 0.03% to 0.10% and a Taker Fee between 0.08% to 0.25%, depending on the trading volume.

Q: What security measures does CoinCash Exchange employ to protect user assets?A: CoinCash Exchange takes the security of our users' assets very seriously. We employ industry-leading security measures, including encryption, two-factor authentication, and cold storage for the majority of funds. Additionally, we regularly undergo security audits to ensure the integrity of our platform.

Q: Are there any limits on the transactions I can make on CoinCash Exchange?A: Users who verify certain information with CoinCash Exchange may receive higher limits and unrestricted trading capabilities.

Q: What payment methods does CoinCash Exchange support?A: The available payment methods are not specified, but users can typically expect a range of options including bank transfers and possibly credit card payments.

Q: How does CoinCash Exchange ensure the security of my funds?A: While specific security measures are not detailed, it is generally expected that CoinCash Exchange employs industry-standard security protocols, such as SSL encryption, cold storage for funds, and a secure trading environment.

Risk Warning

CoinCash Exchange advises users that trading in cryptocurrencies carries significant risks due to their volatile nature, and users should only invest what they can afford to lose. It is also crucial for traders to conduct their own research and consider their level of experience before engaging in cryptocurrency trading, as CoinCash Exchange is not responsible for any trading losses incurred.