CoinW

Overview of CoinW

Coinw is a cryptocurrency exchange that was founded in 2017. It is registered in China and has gained a reputation for its wide range of listed cryptocurrencies. The exchange currently offers more than 1000 digital assets for trading, including popular ones like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), as well as many altcoins. Coinw boasts a robust 24-hour trading volume, which reflects its strong user base and liquidity. In terms of trading fees, Coinw charges tiered trading fees basing on user account level with both taker fee and maker fee range from 0.01%-0.2%.

Pros and Cons

Security

CoinW employs Google Authentication for two-factor authentication that adds an extra layer of security to user accounts. They are transparent about their data usage and protection under their Privacy Policy, ensuring all user information is managed carefully and responsibly. Additionally, CoinW also adheres to a stringent Anti-Money Laundering (AML) policy to combat financial crimes.

Despite rigorous security measures, no trading platform like CoinW can guarantee 100% safety. All platforms are susceptible to risks including hacking, security breaches, or technical failures. Users should always be cautious and take personal security measures.

How to Open an Account？

1. Visit the CoinW Exchange website.

2. Click on the “Sign Up” button or a similar option to begin the registration process.

3. Fill in the required information, including your email address, password, and any other requested details.

4. Agree to the terms and conditions of the platform.

5. Complete any additional verification steps, which may include providing identification documents or completing KYC (Know Your Customer) procedures.

6. Once your account is created, you may need to verify your email address by clicking on a verification link sent to your registered email.

7. Log in to your CoinW account using your registered email and password.

8. Set up additional security measures, such as two-factor authentication (2FA), to enhance the security of your account.

9. Complete any necessary funding steps, such as depositing cryptocurrencies or fiat currencies, to start trading on the platform.

How to Buy Cryptos

1. Log in to the CoinW account and click “Buy Crypto” in the menu bar on the top of the homepage.

2. Select the “Coin” amount, “Legal tender” and “Payment Method” of the way you want, and click the “Order” button to enter the checkout page.



3. On the checkout page, click the “Buy” button to make the payment.



4. After payment is completed and the identity verification is passed, you can receive your cryptocurrency purchased.

In order to ensure the smooth receipt, users need to conduct identity verification (KYC) with a third party service provider. Once successfully verified, the service provider will immediately make the relevant transfer and issue the crypto currency into your CoinW Asset account.

Fees

1. When users participate in trading activities on the CoinW exchange, they are required to pay a fee to support the platform's operations.

2. The platform has distinct fee structures for makers and takers. Currently, both makers and takers incur a standard fee of 0.2% for VIP1 users.

3. Makers' orders are not instantly matched with existing market orders; instead, they are added to the order book and await a match with a taker's order.

4. Conversely, takers' orders are executed immediately, at the same or better price than the prevailing market orders.

VIP Level	One-time Buy	Valid Time	Taker Fee	Maker Fee
VIP1	0 CWT	30 days	0.20%	0.20%
VIP2	680 CWT	30 days	0.15%	0.15%
VIP3	2680 CWT	30 days	0.12%	0.12%
VIP4	12800 CWT	30 days	0.09%	0.09%
VIP5	38600 CWT	30 days	0.06%	0.06%
VIP6	86800 CWT	30 days	0.01%	0.01%



Deposit & Withdrawal

Currency	Deposit fees	Withdraw	Max WDRL Amt	Min WDRL Amt
CNYT	0.8% Minimum 2 CNYT	0%+10 CNYT	100,000	100
BC	0	0%+10000 BC	100,000,000	0.01
LTC	0	0%+0.019 LTC	2,000	0.1
HC	0	0%+6.3 HC	60,000	10
STOX	0	0%+788.24865038 STOX	1,100,000	500
ZRX	0	0%+16.91288042 ZRX	80,000	6