© All rights reserved 2024 | Threenvest I/S
Your expert: Alejandro Borja
Your expert: Xavier Tarrasó
Fees
Earns
Customer service
Fees
Earns
Customer service
Beginners
Trading
Passive income
Buy and hold
Beginners
Trading
Passive income
Buy and hold
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| Coinw | FEATURES | Swyftx |
|---|---|---|
|
CoinW offers low minimum trade thresholds, making it accessible for beginners and those with smaller budgets to engage in trading. |
Minimum Trade |
Swyftx allows for relatively low minimum trades, making it accessible for beginners who wish to start small. |
|
CoinW maintains competitive trading fees, starting at 0.2% for both makers and takers, which decrease with higher trading volumes. |
Trading and Transaction Fees |
The platform has competitive fees, lower than many of its local competitors, though slightly higher than global exchanges. |
|
With over 1,000 cryptocurrencies available, CoinW provides a vast array of trading options, catering to diverse investor interests. |
Number of Cryptocurrencies |
Swyftx offers a wide selection of cryptocurrencies, catering to traders interested in both popular and less-known coins. |
|
The platform supports numerous crypto-to-crypto trading pairs, offering significant flexibility and opportunities for arbitrage. |
Crypto-to-Crypto Trading Pairs |
Offers a robust range of trading pairs, enabling flexible trading strategies across various digital assets. |
|
CoinW provides clear information on its fees and policies, although improvements can be made in disclosing full details on security practices and fund storage. |
Website Transparency |
The Swyftx website provides clear, detailed information on fees, policies, and trading options, aiding users in making informed decisions. |
|
CoinW lacks an exchange card for in-store purchases. |
Credit/Debit Card |
The Swyftx crypto debit card seamlessly converts cryptocurrencies to fiat for easy everyday transactions, with added benefits such as reward points on purchases. |
|
CoinW uses cold storage for the majority of its funds, enhancing security but details on the extent and management of these storages could be more transparent. |
Storage Offering |
Provides secure storage options, though it’s always recommended users keep large amounts in personal wallets for added security. |
|
The exchange offers staking and rewards programs, but more detailed information and wider variety of options could improve user engagement. |
Staking and Rewards |
Offers staking options but with fewer choices and rewards compared to leading competitors. |
|
Both the mobile app and desktop platform of CoinW are user-friendly and reliable, though occasional updates and feature enhancements would provide a smoother experience. |
Mobile App and Desktop |
Both mobile and desktop platforms are highly rated for their user-friendly interfaces and functionality. |
|
While available 24/7 via chat, the lack of phone support and sometimes delayed responses are areas needing improvement. |
Customer Service |
Generally responsive and helpful customer service, but peak times can see slower responses. |
|
CoinW offers multiple deposit and withdrawal methods, but the addition of fiat currency options could significantly enhance user convenience. |
Deposit and Withdraw |
Deposits and withdrawals are generally efficient, though some users report delays during high-demand periods. |
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.
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.
We help you invest in the crypto market in the safest way possible.
Threenvest was born by and for you. Our mission is to help you invest in the cryptocurrency market in the easiest and safest way possible. And how do we make money? Very simple, every time you click on any of the platforms that we recommend, it is possible that we get an income. We do not work with unsafe platforms, our standard is only to recommend platforms where we would invest our money ourselves.
© All rights reserved 2024 | Threenvest I/S