Coindirect Review 2024

3.03/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • $1
Trading platform:
  • Proprietary platform
Trading features
  • Transparent transactions, low commissions, more than 40 cryptocurrencies, and tokens, trading with a personal manager
Updated:
3.03/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • $1
Trading platform:
  • Proprietary platform
Trading features
  • Transparent transactions, low commissions, more than 40 cryptocurrencies, and tokens, trading with a personal manager
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Coindirect isn't available in United States
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Our Evaluation of Coindirect

3.03/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

Coindirect is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.03 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Coindirect clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.

Coindirect.com is a popular cryptocurrency exchange, which has all major cryptocurrencies and gives the possibility to exchange them for fiat funds. The exchange offers affordable commissions and a convenient proprietary trading terminal. There are many options for depositing and withdrawing funds, including a free crypto wallet. All operations are performed promptly. The exchange also offers business solutions.

Brief Look at Coindirect

The Coindirect cryptocurrency exchange is a platform for buying and selling cryptocurrencies. Trading on coindirect.com is carried out through its proprietary trading terminals that consist of a web version and a mobile application. More than 40 popular cryptocurrencies and tokens are traded on the exchange, among them are Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, EOD, Lumen, DAI, and others. There is an exchange for fiat funds as well as all the main methods of depositing and withdrawing funds. Trading is completely transparent, and all commissions and fees are immediately indicated in the information on the transaction. The service provides users with a universal crypto wallet for free. When you deposit more than $50,000, you get access to advanced features and a personal manager.

Advantages of trading with Coindirect:
  • over 40 cryptocurrencies and tokens are traded on the exchange;
  • commissions are below the market average;
  • no additional transaction fees;
  • simple registration and verification;
  • intuitive trading terminal;
  • there are profitable business solutions;
  • trading with a personal manager is also available.
Disadvantages of Coindirect:
  • no basic training programs;
  • there are no analytical and news materials.

TU Expert Advice

Anton Kharitonov

Financial expert and analyst at Traders Union

The coindirect.com crypto exchange works consistently 24/7, and during the tests, no technical problems were observed. Transactions are executed quickly, within the margin of error. From this point of view, the exchange meets modern requirements and does not differ from most of its competitors.

In terms of trading and exchanging cryptocurrencies, the site is considered to be comfortable. A proprietary trading terminal and high-quality protection methods are activated along with complex algorithmic order execution. Wide liquidity pools, a lack of extended analytical tools, like those on some other exchanges, can be considered a slight disadvantage.

The exchange is not tailored for beginners because there are no basic guides and manuals. Also, coindirect.com is not suitable for investors, as the platform does not offer any investment programs. The opportunity to trade with a personal manager when depositing more than $50,000 to the account is to be expected.

There are no contests or bonuses. There is a standard referral program. At the moment, they have more than 40 cryptocurrencies and tokens, and the pool is gradually growing. There is a possibility to freely exchange for fiat. No controversial situations or conflicts with traders were noted.

Coindirect Summary

💻 Trading platform: Proprietary platform
📊 Accounts: Standard
💰 Account currency: XBT
💵 Replenishment / Withdrawal: Bank cards and accounts, mobile money, online payments
🚀 Minimum deposit: $1
⚖️ Leverage: 1:1
💼 PAMM-accounts: No
📈️ Min Order: from 0
💱 Commission: market
🔧 Instruments: Cryptocurrencies, USD, EUR
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Available
➕ Affiliate program: Yes
📋 Orders execution: Limit order, Market order
⭐ Trading features: Transparent transactions, low commissions, more than 40 cryptocurrencies, and tokens, trading with a personal manager
🎁 Contests and bonuses: N/A

Coindirect offers a proprietary coindirect.comtrading terminal with all the tools and functions necessary for comfortable work on the crypto exchange. There are many deposit and withdrawal options on coindirect.com. Commissions are below the market on average. Funds in a cryptocurrency wallet are stored in Bitcoins. If necessary, they can be freely converted to other cryptocurrencies or fiat.

User Satisfaction

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gabrielaku69
1 year ago

In Coindirect, the terminal does not work well, inadequately, illiterately, it only helps to merge, with the withdrawal of the problem. I personally am not satisfied, I plan to leave. I'm waiting for the withdrawal of the rest, but I'm already starting to worry.

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genevaro4
1 year ago

Coindirect does not withdraw money, I have been waiting since May 14, 2022. It seems that the crypto market is a big kitchen scheme, worse than anything, there is money, but they don’t give it to you. Crypto scammer! Don't nana them, and don't believe them!

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maertpc
2 years ago

Coindirect has been in the lead for the second year in my personal rating. Here I can trade my favorite cryptocurrency, receive bonuses for inviting new users, and I don’t need any more for work. Market commissions here are some of the lowest, it's also a sin to complain about the trading platform because everything is working properly, and I haven't noticed any lags. The interface is also convenient and intuitive. To everyone who makes money on cryptocurrency, I recommend opening an account with Coindirect.

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AkbarDJ
2 years ago

I will say right away: if you are looking for a full-fledged broker that offers both crypto and phytane currencies, Coindirect is not for you. But for working with crypto, this exchange is a great option. The execution is fast, and the commission is only for transactions. With the deposit and withdrawal of funds, problems do not arise in principle (and this is one of the most important factors when choosing a crypto exchange). Personally, I have identified only one drawback: there is no training. Of course, no company will provide all the materials that are needed for trading, but at least basic information can be provided for the cryptocurrencies and tokens that Coindirect hosts.

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sangram_badhe
3 years ago

Coindirect positions itself as a cryptocurrency exchange and does an excellent job of its duties. I think this is better than offering a dozen services, entering different markets, but providing less than the best service. So there are no problems with trading conditions in Coindirect. You can work here, especially since the commissions are insignificant in comparison with its competitors. Yes, there are only 40 assets in the list of instruments, but all of them are verified, so there can be no problems with liquidity.

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jobel
3 years ago

The main components of any cryptocurrency exchange are the precise operations of the platform, a sufficient number of assets, and the absence of problems when withdrawing funds. Coindirect comprises all these components so, there is nothing about which to complain. At the same time, I would like to see analytical materials here, but Coindirect does not have them. For me, this is an insignificant minus, since I am always in the know by my profession, but those who are used to finding analytics immediately on the trading floor will have to make additional efforts.

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JDKUMAR
3 years ago

I opened accounts on two cryptocurrency exchanges simultaneously to compare trading conditions and the workflow for each. So far, Coindirect is showing its best side: the minimum deposit is low, the commission is adequate, the main cryptocurrency is presented, and the funds were withdrawn without problems. At the same time, I do not have enough tutorials, guides, or other training materials here! Of course, given the trading conditions, I will probably stay here, but I really look forward to such updates in Coindirect in the future.

Commissions & Fees

Information
Coindirect’s commission is 0% for buyers and 0.50% for sellers. It is fixed and does not depend on the transaction amount or currency. Please note that the crypto exchange charges buyers and sellers a commission for inactivity. This happens on the 1st day of the current month if there were no transfers to your account for the previous three calendar months. The commission for transactions involving credit cards (deposits and withdrawals) is 2.99%.
Account type Commission (minimum value) Withdrawal commission
Standard from $0.5 per market order 2.99% (for cards)

Coindirect has fairly low fees. To check it, compare the fees of this crypto exchange with the fees of its closest competitors:

Broker Average commission Level
$0.5
Medium
$20
High
$0.1
Low

Investment Programs, Available Markets, and Products of the Crypto Exchange

Coindirect crypto exchange does not offer investment programs unless one considers a personal trade manager (an experienced exchange specialist who is provided to each user who deposits more than $50,000 into his wallet) as such a program. The manager provides expert advice on any issues, gives advice on investing and trading, forms investment portfolios, taking into account the wishes of the account holder.

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.

Coindirect’s affiliate program

Coindirect has a standard affiliate program like most competitive crypto exchanges. To participate in the program, you have to meet the following conditions:

  • the partner must register and go through verification, after which a personal referral link will be available to him;

  • a trader who goes to the website of the cryptocurrency exchange using the referral link must also be registered and verified;

  • after that, each transaction of the attracted trader will bring the partner an income in the amount of 20% of the commission that he pays.

Referral payments are transferred to the partner’s account daily at midnight UTC. The transfer is carried out in the same currency the commission was paid with. Referral payments are unlimited. The program is single-level.

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