Comparison of Coinstore vs Kuna [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Coinstore vs Kuna comparison!

Your expert: Alejandro Borja

coinstore

Coinstore

  • Threenvest valuation: 4/5
  • US legal: Yes
  • Security: High 4,9/5
  • Mobile App: Yes
Go exchange

Investing risks losing your money

Your expert: Xavier Tarrasó

kuna

Kuna

  • Threenvest valuation: 3,7/5
  • US legal: No
  • Security: High 4,6/5
  • Mobile App: No
Go exchange

Investing risks losing your money

Main points

Fees

0.20%

Earns

No

Customer service

3/5
0,25%

Fees

Yes

Earns

3/5

Customer service


Recommended for

Beginners

No

Trading

Yes

Passive income

No

Buy and hold

Yes
No

Beginners

No

Trading

Yes

Passive income

Yes

Buy and hold


Comparison of fees

Rating

4.0 – Competitive fees with additional benefits for high-volume trading.
3.9 – Reasonable fees with strong local support in Eastern Europe.

Level

0.20%
0,25%

Brief explanation

Coinstore has a competitive fee structure designed to accommodate various types of traders. For spot trading, Coinstore charges a 0.2% fee for both makers and takers. This rate is in line with industry standards and makes it an attractive option for traders looking for cost-effective trading solutions. When it comes to futures trading, the fees are slightly different. Makers are charged a 0.025% fee, while takers are charged a 0.06% fee. This fee structure incentivizes liquidity provision in the futures market, benefiting active traders who can take advantage of lower maker fees. While Coinstore does not support fiat currency deposits or withdrawals, it facilitates crypto-to-crypto transactions efficiently. Users should be aware that withdrawal fees can vary depending on the specific cryptocurrency being withdrawn, although detailed fee information is not prominently displayed on the website. Overall, Coinstore’s fee structure is straightforward and competitive, particularly for those engaged in frequent trading. The lack of fiat support and transparency in some fee details are areas where potential users should exercise caution and seek further information if needed.
Kuna has a straightforward and competitive fee structure. The exchange charges a flat trading fee of 0.25% for both makers and takers. This is in line with the industry average and provides a transparent fee model for users. Additionally, Kuna does not charge deposit fees, which makes it easier for users to add funds to their accounts without incurring extra costs. However, there are withdrawal fees that vary depending on the cryptocurrency. For instance, the withdrawal fee for Bitcoin is 0.0005 BTC, which is below the global industry average, making it relatively cost-effective for users withdrawing Bitcoin .

Coinstore

coinstore
Read coinstore review
  • Strong Security Measures: Coinstore implements robust security protocols to protect user assets. The exchange stores 70% of its funds in cold storage, uses AES-256 encryption for wallets and private keys, and requires multi-step verification for account access​​.
  • Reputation and Industry Recognition: Coinstore has received accolades within the industry, being named the best exchange in Asia by Crypto 306 and the best rising star by Crypto Expo. Such recognitions highlight the exchange’s commitment to excellence and innovation​​.
  • High Volume and User Base: Coinstore has a significant trading volume and user base. The exchange reports a 24-hour trading volume of around $144 million and supports over 1.1 million registered users across 175 countries, indicating its popularity and trustworthiness among traders​​.
  • Comprehensive Risk Control: The platform uses bank-level security measures, including real-time reconciliation and a comprehensive risk control system, to ensure the safety of user assets. This further enhances the reliability and trustworthiness of Coinstore​​.
  • Regulatory Compliance: As a Singapore-based company, Coinstore complies with the country’s stringent regulatory guidelines. This ensures that the exchange adheres to high standards of security and operational transparency​​.
  • Pros
  • Supports spot and futures trading.
  • Strong mobile app functionality.
  • Robust cold storage security measures.
  • Cons
  • No fiat currency support.
  • Limited advanced trading tools.

Read coinstore review

Kuna

kuna
Read coinstore review
  • Established Since 2016: Kuna has been in operation since 2016, which gives it a track record and stability that newer exchanges might lack. Over the years, it has built a reputation within the Ukrainian and Eastern European markets.
  • Positive User Feedback: Kuna has received positive testimonials from its user base, highlighting the efficiency of its customer support and the ease of use of its platform. This customer satisfaction is a strong indicator of the exchange's reliability​​.
  • Security Measures: Kuna employs several security protocols, including two-factor authentication and a significant portion of assets held in cold storage. This helps to protect user funds from potential breaches​​ .
  • Regulatory Compliance: While Kuna does not hold a financial license, it operates in compliance with local regulations in Ukraine. This adherence to regulatory standards enhances its credibility and trustworthiness in the market​​ .
  • User-Friendly Platform: The exchange is designed to be accessible for both beginners and experienced traders. Its interface is straightforward, and it supports various payment methods, including Visa and Mastercard for UAH transactions​​.
  • Pros
  • User-friendly interface.
  • Supports Ukrainian Hryvnia (UAH).
  • Decent security features.
  • Cons
  • Limited trading volume.
  • Lacks major fiat currency support.

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Product selection

Native token

No
No

Earns

No
Yes

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Unknown
KUNA BITT LLC

Regulation

Not regulated
Not regulated

Year founded

2021
2015

Founder

Unknown
Michael Chobanian

Payment methods

Transfers

No
Yes

Mastercard

Yes
No

Wire transfer

No
No

Card

Yes
No

Comparative table

Coinstore FEATURES Kuna
Minimum trade amount details not specified but low barrier to entry.
Minimum Trade
Allows trading with small amounts. User-friendly for beginners​​.
0.2% fee for spot trading, and 0.025%-0.06% for futures .
Trading and Transaction Fees
Competitive fees at 0.25% for both makers and takers​​.
Supports 96 tokens and 94 trading pairs .
Number of Cryptocurrencies
Supports over 20 cryptocurrencies including Bitcoin, Ethereum, and Litecoin​​.
94 trading pairs available .
Crypto-to-Crypto Trading Pairs
Limited number of trading pairs compared to larger exchanges​​.
Lacks detailed information on some aspects, like withdrawal fees .
Website Transparency
Clear information on fees and trading terms, though limited educational resources​​.
Coinstore does not provide an exchange card for in-store purchases.
Credit/Debit Card
Kuna does not offer an exchange card for in-store purchases.
70% of assets stored in cold storage, AES-256 encryption used .
Storage Offering
70% of assets are stored in cold storage, enhancing security​​.
No dedicated staking program mentioned .
Staking and Rewards
Does not offer staking programs or other passive income options​​.
Full-featured mobile app for Android and iOS available .
Mobile App and Desktop
Offers a functional and user-friendly mobile app for trading on the go​​.
Provides 24-hour chat service but lacks direct phone support .
Customer Service
Multiple support channels available, but limited educational resources​​.
Only supports crypto deposits and withdrawals, no fiat support .
Deposit and Withdraw
Supports deposits and withdrawals in Ukrainian Hryvnia (UAH) and limited other methods​​.

Key features

Analysis tools

Basic charting tools
Basic charting tools

Mobile APP

No
No

Security

High 4,9/5
High 4,6/5

Additional features

Margin trading, futures trading, staking, Coinstore Launchpad
OTC trading, staking, fiat on/off ramps, Kuna Code

Anonymity

Yes
Yes

Key points

Available cryptocurrencies

50+
50+

User-friendliness

Coinstore features an intuitive and user-friendly interface that is easy to navigate, making it suitable for beginners. The platform focuses on providing a seamless trading experience.
Kuna provides a straightforward and easy-to-use platform that is ideal for beginners. The interface is clean and intuitive, making it easy to navigate and execute trades.

Value for money

Provides decent value for money with competitive fees and a wide range of supported cryptocurrencies, though it may not suit all traders.
Delivers reasonable value for money with competitive fees and a focus on Eastern European markets, making it a good choice for regional users.

Countries of operation

Singapore, United States, Canada, Australia, United Kingdom
Ukraine, Russia, Belarus, Kazakhstan

Best for

Suitable for traders of all experience levels seeking a platform with a wide range of cryptocurrencies and competitive fees.
Best for Eastern European investors seeking a reliable platform with competitive fees and strong local support.

Base currencies available

USDT, BTC
UAH, BTC

Account

Trading

Coinstore offers a variety of cryptocurrencies and competitive fees. It has a user-friendly interface but lower liquidity compared to major exchanges.
Kuna is a popular exchange in Eastern Europe, offering a good selection of cryptocurrencies and easy fiat integration. It has competitive fees but lacks some advanced trading tools.

Deposit and withdrawal

Coinstore supports various deposit and withdrawal methods, including bank transfers and crypto. Withdrawals are processed quickly, usually within a day, with low fees.
Kuna provides multiple deposit options, including bank transfers and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.

Account opening process

Coinstore provides an easy account registration process. Users need to submit personal details and verify their identity. The process is efficient and usually takes less than a day, making it user-friendly.
Kuna offers a straightforward and user-friendly account registration process. Users need to submit personal information and verify their identity. The process is efficient and typically takes less than a day to complete.

KYC required?

No
No

Customer Service

Coinstore provides support via email and live chat. The support team is responsive, but the lack of 24/7 availability can be a limitation for some users.
Kuna offers support through email and live chat. The response time is quick, but the support team is not available 24/7, which may be a drawback for some users.

Security

Coinstore offers strong security features with 2FA and cold storage. However, it is not regulated by major financial authorities, which might be a concern for some users.
Kuna employs strong security features, including 2FA and cold storage. Despite its robust security measures, the platform is not regulated by top-tier financial authorities, which could be a concern for some investors.

Which of these exchanges is for you?

alejandro-borja-analista-de-brokers.webp

Alejandro Borja

As an expert on our website, I can confidently say that Coinstore is a solid choice for both new and experienced cryptocurrency traders. Its strong security measures, including cold storage and AES-256 encryption, ensure that your assets are well-protected. With a user-friendly interface and a comprehensive mobile app, Coinstore makes trading accessible and convenient. However, keep in mind that it doesn’t support fiat currency transactions and has limited customer service options. If these aspects aren’t deal-breakers for you, Coinstore is a reliable platform worth considering for your crypto trading needs.
Xavier-tarraso-mascarell.jpg

Xavier Tarrasó

As an expert in cryptocurrency exchanges, I find Kuna to be a solid option, especially for users based in Ukraine. The platform is user-friendly and offers competitive fees, making it accessible for both beginners and experienced traders. However, the limited support for major fiat currencies and low trading volume might be a drawback for international users. Overall, if you are looking for a reliable exchange that supports Ukrainian Hryvnia and offers a secure trading environment, Kuna is worth considering.

View all comparisons against Coinstore

View all comparisons against Kuna

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.

More comparatives Coinstore and Kuna