China Hong Kong
|Stoppage of Business
5-10 years|
Suspicious Regulatory License|
High potential risk
https://www.coinlim.com/#/index
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Netherlands 2.32
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This Exchange has ceased its operation, and it has been listed in WikiBit's shut down list of Exchange; please be aware of the risk!
It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!
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Coinlim, established in 2018, is a cryptocurrency exchange platform that was reportedly based in Singapore and Hong Kong. It aimed to offer a secure and user-friendly environment for trading digital assets, with a focus on providing a range of cryptocurrencies for trading. The platform was known for its low trading fees, which were reportedly 0.10%, and it did not charge withdrawal fees, aligning with a consumer-friendly approach. Coinlim also provided an OTC function and a mobile application for on-the-go trading.
It has been reported to implement standard security measures such as two-factor authentication (2FA) and SSL encryption to safeguard user accounts and data. Additionally, the platform is said to store the majority of user assets in cold storage to mitigate the risk of hacking. However, there have been user complaints and reviews indicating potential security concerns and operational issues, suggesting that some users have experienced difficulties with withdrawals and account access.
Feature | Description |
---|---|
Trading Fee | 0.10% |
Deposit Fee | None |
Withdrawal Fee | Network fee only, no additional charges |
Maker/Taker | Same fee for both |
To purchase the Coinlim APP for Android, you would typically find it available on the Google Play Store. However, as of my last update, Coinlim's availability on the Google Play Store is uncertain due to potential issues and user complaints. It's recommended to visit the official Coinlim website for the most current information on how to download their app or for any announcements regarding its status. Always ensure that your device meets the app's system requirements before attempting to download.
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