Coinsuper Review 2024
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
- $1
- TradingView
- The most popular cryptocurrencies and tokens, seven fiats, several options for reducing trading commissions, an advantageous referral program, proprietary blockchain environment, and proprietary token, no investment options.
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
- $1
- TradingView
- The most popular cryptocurrencies and tokens, seven fiats, several options for reducing trading commissions, an advantageous referral program, proprietary blockchain environment, and proprietary token, no investment options.
Our Evaluation of Coinsuper
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
Coinsuper is a high-risk cryptocurrency exchange with the TU Overall Score of 2.53 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Coinsuper 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. Coinsuper ranks 97 among 172 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.
The Coinsuper cryptocurrency exchange is a convenient and functional platform for conducting various transactions with cryptocurrencies, fiats, and tokens such as converting, exchanging, and trading. The trading terminal in its browser is TradingView, which is easy to learn and use. The platform’s mobile applications are also intuitive, so they can be used by traders of all levels. The exchange’s commissions are average for the market, but there are several options for how to reduce them to get one of the lowest rates in the segment (increased trading volume, CEN token, and rebates from Traders Union). The crypto exchange does not offer passive earning options (except for the referral program), therefore it cannot be recommended to investors.
Brief Look at Coinsuper
The Coinsuper exchange is designed to exchange and trade cryptocurrencies, fiats, and tokens. It offers Bitcoin (₿), Ethereum (Ξ), Ripple, Tether (₮), and other assets. Fiats are represented by the US dollar, euro, British pound sterling, Chinese yuan, Singapore dollar, and South Korean won. They have various options for depositing/withdrawing funds, including bank cards. The commissions are average for the market, they can be reduced due to the 0CEN platform token and rebates from the Traders Union. The platform offers an advantageous referral program, the amount of payments depends on the number of CEN coins that the user keeps in his account. The exchange is based on a proprietary LENS blockchain platform. It does not offer solutions for investors.
- seven fiat currencies;
- there is a possibility to reduce trading fees;
- an easy-to-use trading terminal;
- proprietary mobile trading applications;
- referral program with high payouts;
- high level of platform security;
- stable operation of the exchange in any conditions;
- helpful technical support.
- no solutions for beginners;
- no investment programs;
- communication only by email and through the website.
TU Expert Advice
Financial expert and analyst at Traders Union
Coinsuper cryptocurrency exchange was founded in 2017. The headquarters of the organization is located in Hong Kong. The company has a valid license, and the exchange operates under the auspices of international regulators. We didn’t find any violations of financial laws, tax fraud, or defaults on customer obligations on their part.
The exchange has many well-known investors, including Pantera, Unbound Partners, Fin Venture, and Cash Financial. An important advantage of the platform is that it was founded by people from UBS, Ant Financial, Alibaba, and Sohu. This is one of the reasons why the company quickly developed the proprietary blockchain platform LENS with a proprietary CEN token.
The Coinsuper exchange is considered to be stable and progressive. It has large trading volumes, and the number of clients is constantly growing. There is a typical browser-based trading terminal and applications for mobile trading for iOS and Android. The platform and application have never been hacked. The funds are stored using a combined method and proprietary encryption protocols.
The platform has average commissions for the segment, and there are many options for how to reduce them, including rebates from the Traders Union. They have the most popular cryptocurrencies, tokens, and seven fiat currencies. Trading on the stock exchange is simple and profitable. The lack of a call center is usually seen as a disadvantage, but this is offset by the high speed of technical support replies by email. But we cannot recommend the platform to investors, since it offers only services focused on active trading.
Coinsuper Summary
| 💻 Trading platform: | TradingView platform |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies, US dollar, euro, British pound sterling, Chinese yuan, Singapore dollar, South Korean won |
| 💵 Replenishment / Withdrawal: | Bank cards and accounts, electronic and cryptocurrency wallets |
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | No |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Market |
| 🔧 Instruments: | Cryptocurrencies, currencies, and fiats |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | N/A |
| ⭐ Trading features: | The most popular cryptocurrencies and tokens, seven fiats, several options for reducing trading commissions, an advantageous referral program, proprietary blockchain environment, and proprietary token, no investment options. |
| 🎁 Contests and bonuses: | Yes |
Coinsuper does not set a minimum deposit. This means that to start trading, you only need to register and pass through verification. Then the user can regulate his financial policy, deposit the optimal amount of funds. The platform also does not provide leverage, that is, the user can trade, relying only on his own finances. The exchange does not impose restrictions on the strategies used by traders. The functionality of the trading terminal allows you to trade with various methods. There is also API. Technical support is available through tickets (“Support Center” in the footer of the site), you can also contact the specialists by e-mail. The table below shows the main trading conditions of the exchange.
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Commissions & Fees
There are 12 trading levels. The first level includes all users of the platform whose trading volume is less than $50,000 per month. For them, the taker’s commission is 0.2%, the maker’s commission is 0.14%. With an increase in trading volume, the commission decreases. So, at level 6, with a trading volume of more than $1,000,000, but less than $2,500,000, the taker’s commission is still 0.2%, but the maker’s commission is just 0.04%. There is no maker commission starting from level 8 (more than $5,000,000 traded per month). The lowest commission for a taker at level 12 (monthly trading volume over $30,000,000) is 0.1%.
| Account type | Commission (minimum value) | Withdrawal commission |
|---|---|---|
| Standard | up to 0.2% per order | Yes |
The user can reduce the size of the commission not only by increasing the trading volume. Here are the alternative methods:
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Trade with the platform’s CEN token and keep it in the account. Then the option to pay part of the commission with CEN is automatically activated (you can turn it off). The user receives a 50% commission discount in the first year, 25% in the second year, 12.5% in the third, 6.25% in the fourth, 0% in the fifth.
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The user can use the rebate (return of a part of the commission) system from the Traders Union according to the above algorithm, thus making the trading more profitable.
Traders who trade large volumes for a long time have special conditions. The platform does not charge a commission for depositing funds, but there is a commission for each withdrawal. This commission and withdrawal limits depend on the asset. You can check the actual commissions in the section “Fee Schedule”, a link to which can be found in the footer of the website.
| Broker | Average commission | Level |
|---|---|---|
|
$2 | |
|
$20 | |
|
$0.1 |
Investment Programs, Available Markets, and Products of the Crypto Exchange
The Coinsuper cryptocurrency exchange does not offer investment solutions. Except for the referral program, the company’s clients do not have any other options for passive earnings. The platform is designed to make a profit through the active sale and purchase of cryptocurrencies, tokens, and fiat funds.
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.
Coinsuper’s affiliate program:
Coinsuper crypto exchange has one of the most unusual referral programs. It allows you to progressively increase the percentage of referral payments based on the amount of trading commissions of invited users, but only for a limited time. Here are the terms of the program:
Any user who has registered with the exchange and passed verification (confirmed the data) can take part in it. A personal referral link will be available in the personal account, it can be placed on any platforms without restrictions.
Each user who follows the referral link and registers with the crypto exchange will become a referral (partner) of the owner of the link. From that moment on, for 365 days, the referral will bring passive income to the link’s owner.
Referral income is a percentage of the invitee’s trading commissions. Payouts range from 25% to 46% depending on how much CEN the link owner holds in their account. To receive the maximum payout, you need to have from 1,000,000 CEN.
The actual amount of payment is calculated according to this formula: “transaction amount x the proportion of the commission x the proportion of the referral cashback”. When calculating this amount, only trading commissions are taken into account, commissions for deposit and withdrawal of funds are not taken into account.
Payments are made permanently from 0:00 to 12:00 (GMT +8) for the previous trading day. Payments are made in the asset used to make the transaction.
The referral loses its status after 365 days from the moment of registration with the platform and no longer brings income to the client who invited him. However, each user of the platform can invite an unlimited number of partners and receive payments from each of them.
User Satisfaction