Coinmetro Review 2024

Our veredict

CoinMetro is a well-rounded cryptocurrency exchange that caters to both beginners and experienced traders. It offers a variety of services, including spot trading, margin trading, and copy trading. The platform is known for its user-friendly interface, low trading fees (0% for makers and 0.1% for takers), and a comprehensive security framework that includes 98% of digital assets stored in cold storage and multiple regulatory licenses in the EU and the US. Additionally, CoinMetro provides excellent customer support available 24/7 through various channels, ensuring users have assistance whenever needed.

Despite its many strengths, CoinMetro does have some drawbacks. The exchange charges higher-than-average withdrawal fees for certain cryptocurrencies, which may be a concern for frequent traders. Additionally, there have been occasional user complaints about delays and issues with withdrawals, indicating potential reliability concerns. Nonetheless, CoinMetro’s emphasis on security, ease of use, and a wide range of services make it a strong option for those entering the cryptocurrency market or looking for a versatile trading platform.

Pros

Low Trading Fees: Coinmetro offers some of the lowest trading fees in the industry, with taker fees at 0.10% and no fees for makers, making it very cost-effective for traders.
Wide Range of Payment Methods: The platform supports various payment methods, including wire transfers, credit cards, and SEPA transfers, providing flexibility for users to deposit and withdraw funds.
Robust Security Measures: Coinmetro employs comprehensive security protocols, including multi-layered security, cold storage for assets, and regular security audits, ensuring the safety of user funds.

Cons

Limited Cryptocurrency Selection: Coinmetro supports around 40 cryptocurrencies, which is fewer than many competitors, potentially limiting trading options for users looking for a broader selection.
High Withdrawal Fees: The platform charges a percentage-based withdrawal fee, which can become quite expensive for larger withdrawals, making it less favorable for high-volume traders.

Threenvest Score

Fees

0.10% (Maker), 0.20% (Taker)

U.S Legal

Yes

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To better understand our editorial guidelines and the investment methodology that supports our ratings, you can explore the information in our editorial policy.

Why choose Coinmetro?

Choosing CoinMetro as your cryptocurrency exchange can be highly beneficial due to several key reasons. Firstly, CoinMetro offers very competitive trading fees, with makers enjoying 0% fees and takers only 0.1%, which makes it an attractive option for active traders. The platform supports a diverse range of cryptocurrencies, including both popular and emerging assets, providing ample opportunities for investment and diversification.

Moreover, CoinMetro’s robust security measures, including cold storage for 98% of digital assets and comprehensive regulatory compliance in multiple jurisdictions, ensure that your investments are well-protected. The platform also offers various trading features such as spot trading, margin trading with up to 5:1 leverage, and copy trading, which caters to both novice and experienced traders looking to maximize their trading strategies.

Lastly, CoinMetro’s user-friendly interface and excellent customer support make it accessible for newcomers to the crypto market. The exchange provides 24/7 customer service through multiple channels, ensuring that help is always available when needed. These features collectively make CoinMetro a reliable and versatile choice for cryptocurrency trading.

Xavier Tarrasó

EIP and Cryptocurrency Investor

As an expert, I can confidently recommend CoinMetro for both new and experienced crypto traders. The platform offers low trading fees, a user-friendly interface, and robust security features. Its extensive support for various cryptocurrencies and advanced trading options like margin and copy trading make it a versatile choice. Additionally, CoinMetro’s commitment to regulatory compliance and 24/7 customer support ensures a secure and reliable trading environment. Whether you’re just starting or looking to diversify your trading strategies, CoinMetro is a solid choice to consider.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).

For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

Alejandro Borja Fuentes

Economist | Cryptocurrency exchange analyst

The author of the review

Alejandro Borja is an accomplished economist with a distinguished career spanning various facets of the financial industry. His academic journey began with a degree in Economics, laying the foundation for his deep understanding of financial markets.

Over the years, Alejandro has honed his skills by working with some of the largest financial media outlets, analyzing and reporting on economic trends and investment opportunities. His expertise in financial analysis has made him a respected voice in the economic community.