Coinmetro

What is Coinmetro？

CoinMetro, an unregulated cryptocurrency trading platform, was established in the year 2017. Since its inception, the platform has amassed a significant trading volume that exceeds $100 million, showcasing the scalability and popularity it enjoys among its user base. The exchange maintains a fee structure where takers incur a fee of 0.1% on their trading activities, whereas makers are exempted from any fees.

Pros and Cons

Security

Coinmetro prioritizes user security by adopting practices from FXPIG and partnering with BitGo. Key measures include:

• Enhanced 2FA: Users authenticate with a password and a code sent to their device, boosted by Authy's multi-device 2FA.
• Dual-Validation Transactions: Transactions need two signatures, one from BitGo and another from Coinmetro, enhancing protection.
• Optimized Cold Storage: Cryptocurrency deposits are temporarily held in “receive wallets” and frequently transferred to secure “cold storage wallets,” limiting potential loss.
• IP Address Verification: Users verify their IP via an email confirmation, though this can be disabled for convenience.

CoinMetro APP

CoinMetro's Mobile App 5.0 provides users with an efficient and handy platform to trade and invest in cryptocurrencies. Developed after a year of hard work, it is designed to offer the best tools and environment for trading in crypto space. In addition to a user-friendly interface, the app also offers low fees and instant execution of transactions to make trading a seamless experience for its users.

You can download the CoinMetro Mobile App from both the Apple App Store and Google Play Store. The app is available for users of both Android and iOS devices, making it easily accessible for most smartphone users.

How to Buy Cryptos？

Step 1: Create an Account on CoinMetro

Sign up on the CoinMetro platform by creating an account.

Step 2: Verification

Complete your profile verification process which includes providing required documents and details.

Step 3: Fund your Account

You can fund your account using fiat money or cryptocurrency. CoinMetro provides multiple deposit methods including credit card and bank transfers for fiat deposits.

Step 4: Follow Specific Instructions For Each Cryptocurrency

If you're depositing cryptocurrency, ensure you follow the instructions specific to each type of currency. Some cryptocurrencies like XRP require additional information such as a destination tag.

Step 5: Start Trading

With your account funded, you are now ready to make your first cryptocurrency purchase on the CoinMetro platform. Navigate through the user-friendly interface to buy, sell, or trade as you wish.

Fees

Margin Trading Fees:

Maker Fee: 0%* - This fee is applied when you provide liquidity to the market by placing a limit order that doesn't get immediately matched.

Taker Fee: 0.1% - This fee is charged when you place an order that gets immediately matched with an existing order on the market.

Deposit and Withdrawal

CoinMetro provides a range of deposit and withdrawal methods. For deposits, options include bank transfers (SEPA, SWIFT), ACH and wire transfers (USD), Faster Payments (GBP), SWIFT (AUD), and credit/debit cards (EU and non-EU), with fees ranging from 1 EUR to 4.99%. Cryptocurrency deposits are fee-free. Withdrawal methods are similar, with options for bank transfers and cryptocurrency withdrawals, subject to a 0.15% fee, except for specific exceptions.

Compare with Other Exchanges