20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
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CoinCorner Review 2024
Minimum
deposit:
deposit:
- $10
Trading platform:
- Proprietary platform
Minimum
deposit:
deposit:
- $10
Trading platform:
- Proprietary platform
Trading features:
- Investment programs
Summary of CoinCorner Crypto Exchange
CoinCorner is a high-risk cryptocurrency exchange with the TU Overall Score of 2.73 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by CoinCorner clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. CoinCorner ranks 159 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.
The website of the CoinCorner cryptocurrency exchange has a simple but effective interface. All the instruments for cryptocurrency trading are placed in conveniently structured sections.
NOTE!
If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.
Traders Union experts recommend considering Top 3 companies from our rating:
Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative,
in accordance with the
Users Reviews Policy.
The CoinCorner cryptocurrency exchange, created in June 2014, is registered in Douglas, the capital city of the Isle of Man within the UK. A month after the exchange’s creation, its official website was launched, and in September, its mobile app was developed. In four months, the CoinCorner crypto exchange took a leading position in the U.K. crypto market.
The CoinCorner crypto exchange is geared primarily towards British users but also supports over 40 countries. It accepts fiat money (EUR, GBP, and USD) and uses four digital currencies: Bitcoin, Ethereum, Litecoin, and Ripple.
| 💰 Account currency: | EUR, USD, GBP, Bitcoin, Ethereum, Litecoin, and Ripple |
|---|---|
| 🚀 Minimum deposit: | 10 GBP |
| ⚖️ Leverage: | 1:1 |
| 💱 Spread: | Market |
| 🔧 Instruments: | Cryptocurrencies, fiat currency |
| 💹 Margin Call / Stop Out: | No |
👍 Advantages of trading with CoinCorner:
- Low fees for depositing fiat funds and for cryptocurrency trading;
- Official license with the number 129003C;
- A simple but effective interface that is easy to use;
- Over 200 thousand users;
- Official registration as an EMD agent (FRN 903018);
- Quick performance on any device;
- The exchange is centralized and governed by British financial regulators;
- The platform supports the Bitcoin Lightning network;
- Proprietary CoinCorner debit cards for working with Bitcoin.
👎 Disadvantages of CoinCorner:
- To make payments, users must be verified;
- There are no TradingView tools for plotting charts and tracking fluctuations in rates of cryptocurrency assets.
Evaluation of the most influential parameters of CoinCorner
Geographic Distribution of CoinCorner Traders
Popularity in
60.9%
GB
43.1%
Others
User Satisfaction i
1 comments
Total score:
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talovaurnup
1 year ago
Expert Review of CoinCorner
CoinCorner cooperates with the Bitrefill company. Due to this, clients of the crypto exchange can buy gift cards directly from this company.
Also, the cryptocurrency exchange provides the CoinCorner Checkout payment solution, which enables enterprises to receive payments in BTC, LTC, and ETH. The Bitcoin Auto Buy tool allows users to buy or sell digital assets automatically.
CoinCorner significantly differs from standard crypto exchanges. First, this platform offers various services, including the automatic purchase of Bitcoin and a cashback extension for browsers with the automatic search of goods for which one can pay with Bitcoin.
Second, there are no TradingView tools, which are necessary for a deep analysis of the volatility of the four cryptocurrencies available on CoinCorner. That’s why this exchange may be inconvenient for cryptocurrency speculators. But in time, one can get used to the absence of TradingView.
Dynamics of CoinCorner’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets, and Products of the Crypto Exchange
The CoinCorner cryptocurrency exchange offers interest-bearing staking as an investment program. To create a staking account, a user needs to sign in to his user account, open the Staking Accounts section, choose a name, and set up the purpose of savings. One can also set up automatic and free-of-charge transfers of funds from his deposit to his staking account.
Important!
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
CoinCorner’s affiliate program
Every purchase at CoinCorner’s partner stores through the CoinCorner Checkout payment service or the CoinCorner cashback extension brings a reward of up to 40%. The percentage isn’t fixed but is determined automatically. Rewards can be transferred to a staking account where they will accumulate.
The referral system is simple. For every invited participant whose trading volume reaches 100 GBP, inviters get 10 GBP rewards. Both inviters and invitees get rewards.
Trading Conditions for CoinCorner Users
For using debit or credit cards from banks, which are not registered in the U.K., the CoinCorner exchange charges a fee of 2.5%. Deposits made with cards of British banks, as well as fiat deposits made through SEPA, are free of charge.
$10
Minimum
deposit
1:1
Leverage
24/7
Support
| 💻 Trading platform: | Proprietary platform based on TradingView |
|---|---|
| 📊 Accounts: | Demo, standard, and a P2P platform |
| 💰 Account currency: | EUR, USD, GBP, Bitcoin, Ethereum, Litecoin, and Ripple |
| 💵 Replenishment / Withdrawal: | Bank cards, credit cards, Р2Р cryptocurrency trades, and external services |
| 🚀 Minimum deposit: | 10 GBP |
| ⚖️ Leverage: | 1:1 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | No |
| 💱 Spread: | Market |
| 🔧 Instruments: | Cryptocurrencies, fiat currency |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | No |
| ⭐ Trading features: | Investment programs |
| 🎁 Contests and bonuses: | Offered regularly |
Broker comparison table of trading instruments
| CoinCorner | Bybit | OKX | XT.com | BitGet | KuCoin | |
| Forex | No | No | No | No | No | No |
| Metalls | No | No | No | No | No | No |
| Crypto | Yes | Yes | Yes | Yes | Yes | Yes |
| CFD | No | No | No | No | No | No |
| Indexes | No | No | No | No | No | No |
| Stock | No | No | No | No | No | No |
| ETF | No | No | No | No | No | No |
| Options | No | No | No | No | No | No |
CoinCorner Commissions & Fees
Information
The British CoinCorner crypto exchange charges fees that depend on digital asset types or fiat currencies. For example, depositing or withdrawing Litecoin is not available. Litecoin can only be traded. Depositing Bitcoin (Bitcoin Lightning), as well as withdrawing Bitcoin to cryptocurrency wallets, is free of charge.
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard | $1.21 | Yes |
The results of the analysis of the trading fees on CoinCorner and two other crypto exchanges are in the table below.
| Broker | Average commission | Level |
| CoinCorner | $1.21 | Low |
| Binance | $6 | Medium |
| Bybit | $20 | High |
Contacts
| Foundation date | 2013 |
| Registration address | Level 7, Victory House, Prospect Hill, Douglas, Isle of Man |
| Official site | https://www.coincorner.com/ |
| Contacts |
Email:
support@coincorner.com,
|
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FAQs
Do reviews by traders influence the CoinCorner rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about CoinCorner you need to go to the broker's profile.
How to leave a review about CoinCorner on the Traders Union website?
To leave a review about CoinCorner, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about CoinCorner on a non-Traders Union client?
Anyone can leave feedback about CoinCorner on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
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