No Regulation

Score

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/10

Coinstore

Singapore

|

5-10 years

Suspicious Regulatory License|

Medium potential risk

https://www.coinstore.com/#/

Website

Rating Index
Contact
Coinstore
support@coinstore.com,
https://www.coinstore.com/#/
Influence
E

Exchange License

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

WikiBit Risk Alerts

1
Previous Detection 2025-01-11

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

Website

Genealogy

Social Media

Trade Type

Keywords

Time Machine

White Paper

Related Software

Github

Related Docs

All Corps

New Arrival

Company Name
Coinstore
Regulatory Status
No Regulation
Abbreviation
Coinstore
Platform registered country and region
Singapore
Phone of the company
--

Coinstore User Reviews

More

5 ratings

Participate in evaluation
FX1378302353
Coinstore is fantastic! Secure, user-friendly interface & broad range of cryptos! Deposit & withdrawal is so quick!
2024-01-25 08:40
6
Eddy8449
If there's any zero rating I should have chosen that because of their partnering with Quopi AI to defraud it's investors with billions of dollars. I'd rather advice those investing their funds to be extremely careful.
2023-12-25 22:00
9
Lonwabo
Good exchange
2023-08-25 10:47
9
Hazeltr_
New Cex but the app is very easy to use 😀
2022-10-27 14:42
0
aba_nayar
good exchange
2022-09-21 14:58
1
⭐FeaturesDetails
⭐Exchange NameCoinstore
⭐Founded in2020
⭐Registered inSingapore
⭐Cryoptocurrencies100+
⭐Trading Fees0.2% for maker and taker
⭐24-hour Trading Volume$113.11 million

Coinstore is a global cryptocurrency exchange known for its user-friendly interface and extensive range of digital assets. Founded in 2020, Coinstore offers trading in popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Coinstore provides both spot and futures trading, catering to various investment strategies. Users can access the platform via web and mobile applications, ensuring seamless trading experiences across devices.

Coinstore's homepage

Pros & Cons

ProsCons
No limit on transactions or minimum thresholdsNot a regulated exchange
Low trading feesNo margin trading offered
Intuitive interface (even for beginners)Slow coin listing speed
Available in spot and future marketsSlow customer support
Over 100 coins listed
Mobile App available

What does the Exchange Focus on?

Security

Coinstore prioritizes security with advanced measures to protect users' assets and data. The platform employs multi-signature wallets, two-factor authentication (2FA), and encrypted communication. Regular security audits and a dedicated team ensure system integrity and prevent breaches. Additionally, Coinstore's robust insurance policy provides an extra layer of protection for user funds, enhancing overall trust and reliability.

Trading Fees

The Coinstore fee structure is simple. The exchange charges a 0.2% fee for both makers and takers on its spot markets. On its futures markets, Coinstore charges a 0.025% fee for makers and 0.06%.

Trading TypeMaker FeeTaker Fee
Spot0.0020.002
Futures0.000250.0006

APP Introduction/Download Address

The Coinstore app offers a seamless trading experience on the go, providing access to a wide range of cryptocurrencies. It features real-time market data, advanced charting tools, and secure wallet integration. The app supports both spot and futures trading, ensuring flexibility for various investment strategies. Available for iOS and Android, download the Coinstore app from the Apple App Store or Google Play Store for easy and secure trading anywhere, anytime.

Buy

Registration & Login

Registering and logging in to Coinstore is straightforward. To register, visit the Coinstore website or open the app, then click “Sign Up.” Enter your email address, create a strong password, and verify your email through the confirmation link sent to your inbox. For added security, enable two-factor authentication (2FA).

To log in, click “Log In” on the website or app, enter your email and password, and complete the 2FA if enabled. Once logged in, you can access your account dashboard, deposit funds, and start trading.

APP Android / Apple - How to Buy?

To purchase on the Coinstore app for Android, follow these steps:

Download the App: Install the Coinstore app from the Google Play Store. \ Install the Coinstore app from the Apple App Store.

Register or Log In: Open the app, register for a new account or log in if you already have one.

Deposit Funds: Go to the “Assets” section, select your preferred payment method, and deposit funds into your account.

Buy Cryptocurrency: Navigate to the “Market” tab, choose the cryptocurrency you want to buy, enter the amount, and confirm your purchase.

Trading Notes

Credit Cards/Bank Savings Cards Supported for Exchange Coin Buying

Coinstore only allows deposits and withdrawals in cryptocurrencies, and deposits charge no fees. When using CoinNetwork, depositing and withdrawing tokens have different fees. For instance, taking out “otd” costs 0.0008, while pulling out BTC is 0.3682 and putting it in is 0.2209. Putting ERC20 tokens in is 0.119, and taking them out is 0.076. Withdrawing LTC is 0.00016, depositing XRP is 2.696, and withdrawing is 1.6. For DASH, it's 0.0351 to take out, while NXS is 0.0328. Depositing TRX and OMNI costs 5, depositing “heco” is 10, and withdrawing it is 6. USDTBEP20 deposits are 1, and taking them out is 3. Lastly, withdrawing SOL costs 0.01.

Minimum Purchase Amount

Coinstore's minimum purchase amount for cryptocurrencies varies depending on the specific digital asset and current market conditions.

Best Way to Trade

The best trading approach on Coinstore involves researching market trends, setting clear investment goals, and using limit orders for precise entry and exit points. Regularly monitor price movements and consider diversifying your portfolio to manage risk effectively.

Trading Days/Trading Hours

Coinstore operates 24/7, allowing users to trade cryptocurrencies anytime. This around-the-clock availability ensures flexibility for global markets and accommodates different time zones, enabling continuous trading opportunities.

Trading Fees

Coinstore charges a trading fee of 0.1% per transaction for both spot and futures trading. Deposit fees are typically free, while withdrawal fees vary by cryptocurrency. These fees ensure competitive pricing and transparent trading costs for users.

Products/Services

Exchange APP Support Services/Products

The Coinstore trading app offers a comprehensive suite of services and features designed for cryptocurrency enthusiasts. Users can access real-time market data, advanced charting tools, and secure wallet integration for managing digital assets. The app supports both spot and futures trading, allowing users to execute trades with ease.

About Wallet Usage

Coinstore's wallet provides secure storage for cryptocurrencies. Users can send, receive, and manage their digital assets directly within the platform.

Details of Borrowing Coins to Buy/Pledge Coins

Coinstore does not currently offer borrowing to purchase or collateralizing cryptocurrencies. Users primarily engage in spot and futures trading, utilizing available funds in their accounts to buy and sell digital assets. The platform focuses on providing a secure and efficient trading environment without lending or borrowing features.