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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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| Coinw | FEATURES | Simpleswap |
|---|---|---|
|
CoinW offers low minimum trade thresholds, making it accessible for beginners and those with smaller budgets to engage in trading. |
Minimum Trade |
SimpleSwap supports flexible trading with no minimum deposit, making it accessible for casual users and beginners to start trading with any amount. |
|
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 operates with a straightforward fee structure but lacks the transparency of detailed fee breakdowns that might benefit users looking for cost efficiency. |
|
With over 1,000 cryptocurrencies available, CoinW provides a vast array of trading options, catering to diverse investor interests. |
Number of Cryptocurrencies |
Offers a wide variety of over 300 cryptocurrencies, providing users with extensive options for trading different digital assets. |
|
The platform supports numerous crypto-to-crypto trading pairs, offering significant flexibility and opportunities for arbitrage. |
Crypto-to-Crypto Trading Pairs |
Supports numerous trading pairs, allowing for versatile crypto-to-crypto exchanges, though it could expand into more niche or emerging cryptocurrencies. |
|
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 |
While the website is user-friendly, it could improve by providing more detailed information about the company’s background and operational logistics. |
|
CoinW lacks an exchange card for in-store purchases. |
Credit/Debit Card |
SimpleSwap focuses solely on cryptocurrency exchanges and does not provide additional financial tools like an exchange card, limiting its utility for everyday transactions. |
|
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 detailed information on security measures and storage capabilities could be more transparent. |
|
The exchange offers staking and rewards programs, but more detailed information and wider variety of options could improve user engagement. |
Staking and Rewards |
Limited staking options and rewards are available, which could be enhanced to attract long-term investors. |
|
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 |
Offers a functional mobile app that is efficient and convenient for trading on the go, although further enhancements could improve user experience and features. |
|
While available 24/7 via chat, the lack of phone support and sometimes delayed responses are areas needing improvement. |
Customer Service |
Generally receives positive feedback for customer service, but could benefit from extended support hours and faster response times. |
|
CoinW offers multiple deposit and withdrawal methods, but the addition of fiat currency options could significantly enhance user convenience. |
Deposit and Withdraw |
Crypto deposits and withdrawals are supported, but the addition of fiat options and reduction of withdrawal fees would improve this feature. |
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