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Fees
Earns
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Fees
Earns
Customer service
Beginners
Trading
Passive income
Buy and hold
Beginners
Trading
Passive income
Buy and hold
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| Coins.Ph | FEATURES | Coinsbank |
|---|---|---|
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The minimum trade amount varies by cryptocurrency, with popular currencies like Bitcoin having very small minimum requirements, allowing for micro-transactions. |
Minimum Trade |
The platform offers a low minimum trade amount, making it accessible for beginners or those looking to start with small investments. |
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Coins.ph charges competitive rates, typically lower than many other licensed exchanges in the region. This includes a spread on buy/sell transactions and minimal fees for crypto transfers. |
Trading and Transaction Fees |
CoinsBank charges higher than average fees, which could be a deterrent for high-volume traders. |
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Coins.ph offers over 50 cryptocurrencies, providing a diverse range of options for traders. |
Number of Cryptocurrencies |
Offers a moderate selection of cryptocurrencies including major ones like Bitcoin, Ethereum, Litecoin, and Ripple, but lacks a wider range as seen in larger exchanges. |
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The platform supports numerous trading pairs involving major cryptocurrencies and Philippine Pesos, catering extensively to local market needs. |
Crypto-to-Crypto Trading Pairs |
A decent range of trading pairs is available, though not as extensive as some of the larger platforms. |
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The Coins.ph website provides clear information on fees, processes, and security measures, enhancing user trust and compliance transparency. |
Website Transparency |
The platform lacks some transparency regarding team details and operational insights, which could affect user trust. |
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Coins.ph does not offer an exchange card for in-store purchases. |
Credit/Debit Card |
Dont’ have crypto card |
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Coins.ph offers a secure digital wallet service with robust security measures including 2FA. Highly secure with a user-friendly interface. |
Storage Offering |
Excellent security measures with cold storage options that ensure the safety of digital assets. |
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Currently, Coins.ph does not offer staking services for earning rewards on crypto assets. This is a significant area for potential growth and user engagement. |
Staking and Rewards |
Offers some staking options, but the rewards and varieties are not as competitive as other top exchanges. |
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Both mobile and desktop interfaces are available, with the mobile app being particularly praised for its user-friendly design. Excellent accessibility and usability across devices. |
Mobile App and Desktop |
Both mobile and desktop platforms are user-friendly and reliable, suitable for trading on the go. |
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Known for its effective customer service with multiple channels including live chat and email support. While generally good, there is room for faster response times and extended support hours. |
Customer Service |
Provides various channels for support including live chat and email, although response times can vary. |
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Users can easily deposit and withdraw funds using various methods including bank transfers, credit/debit cards, and even through physical retail partners. Highly accessible but could benefit from reduced fees and faster processing times for certain methods. |
Deposit and Withdraw |
Supports multiple deposit and withdrawal methods including bank transfers and cards; however, the high fees on certain transactions can be a disadvantage. |
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