Coinut Review 2026

Top Brokers Overview — United States
How we tested Coinut

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Pros & Cons

  • there is no minimum deposit amount for cryptocurrencies;
  • differentiation of trading commissions depending on the type of order and trading volume;
  • availability of a license from the regulator of Canada;
  • the ability to place limit orders with zero commission;
  • access to trading from any device connected to the internet;
  • availability of a referral program with long-term reward payments;
  • simple and fast registration with the ability to switch to demo mode.
  • there are no investment programs, including staking;
  • only a small range of trading assets; XRP, BCH, and DASH are not available;
  • the slow response by the technical support team.

Coinut is a cryptocurrency exchange headquartered in Singapore, which also has a subsidiary office in Canada. It has been providing services for spot trading with digital assets since 2013. Today, more than 1 million crypto traders worldwide use Coinut trading apps. The exchange is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as an MSB (Money Services Business). Its clients can trade 10 cryptocurrencies, including in pairs with US dollars. The priority fiat currency on Coinut is the Singapore dollar (SGD), but it also accepts and allows withdrawing in USD and CAD.

TU Expert Verdict

Editor at Cryptocurrency & Blockchain Department

Coinut demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

Coinut is a cryptocurrency exchange offering spot markets for 10 digital assets through a web platform and apps for Android and iOS, with funding in SGD, USD, and CAD. Maker orders carry 0% fees, while taker fees are 0.1%, and fees vary by order type and trading volume. Cryptocurrency deposits have no minimum, and KYC verification is mandatory.

However, a notable drawback is that Coinut's stated Canadian status is registration with FINTRAC as a money services business, not a stated exchange license. The selection is limited to 10 coins, excluding XRP, BCH, and DASH, and Coinut lacks staking, advanced orders, and TradingView integration. Support has no live chat, phone, or email channel, and responses are reported as slow. Coinut may suit users seeking straightforward spot crypto transactions, but traders needing broader asset coverage, investment features, or responsive support may prefer another exchange.

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Coinut User Reviews

Score:
The administration of the website shall not be liable for the accuracy of the reviews and does not have the technical ability to check the reviews for accuracy, as well as establish whether the authors of the reviews are indeed the customers of a specific company.
2 /10
2 total
  • 5-star
    0%
  • 4-star
    0%
  • 3-star
    0%
  • 2-star
    0%
  • 1-star
    100%
Karlenguen
3 years ago

What you should not do is contact the crypto company Coinut. Lose your money, and still have to stay! They are scammers who manipulate people. They persuade them to transfer money, and then you will never see them again.

Josephdaw
3 years ago

This is a well-oiled machine for taking money from people who unknowingly pour funds into deposits. They have no real market entry. First, they are lured into trading, and then they do everything with technical tricks to drain the client. I don't know of a worse cuisine than this one.

  • Coinut Commissions and Fees

    Score:
    This category evaluates trading costs and the transparency of deposit and withdrawal charges according to the Methodology. It covers spot and futures trading fees, P2P exchange costs, deposit/withdrawal fees, and tiered fee structures. The assessment ensures that fees are competitive and clearly disclosed, avoiding hidden or excessive costs. Each factor is scored based on defined criteria, contributing to the overall rating.
    7.8 /10

    Coinut received a 7.8/10 score for its trading fees. While Coinut is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.

    • Spot fee below industry average
    • No deposit fee
    • Withdrawal fee may be applied
    • P2P fee applied

    What are Coinut trading fees?

    We analyzed Coinut’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.

    Coinut trading fees vs competitors

    Coinut Nexus Trade CoinMetro Industry average Based on the evaluation of over 100 leading crypto exchanges
    Spot, maker fee (%) Maker fees are charged when liquidity is added to the order book. This occurs by placing a limit order below the current market price for buy orders, or above the market price for sell orders. 0 0.22 0.1 0.15
    Spot, taker fee (%) Taker fees are charged when liquidity is removed from the order book. This typically happens when a trade is executed at the market price. 0.1 0.22 0.2 0.194

    What are Coinut deposit and withdrawal fees?

    Deposit fee, % Important! Even if an exchange does not charge fees for deposits and withdrawals, there can also be fees from the payment system or cryptocurrency network used by the user. For example, the network fee for USDT TRC20 is typically around $1. 0
    Withdrawal fee, % 0.001 BTC 0.01 ETH

    Does Coinut offer P2P trading?

    No, Coinut does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.

  • Regulation and Safety

    Score:
    Our evaluation encompasses several key factors, including government regulation, two-factor authentication (2FA), cold wallet storage of client assets, investor protection funds, KYC protocol adherence, year of foundation, and history of security breaches. Read more in our Methodology
    9.8 /10

    Coinut has earned a rating of 9.8/10, demonstrating strong security and regulatory compliance. This score suggests that the exchange is generally reliable and offers a solid level of protection for users.

    • 2FA
    • Tier-1 regulation
    • Cold wallet storage
    • No successful hacks history
    • Government-regulated
    • No facial recognition
    • Not U.S regulated
    • No investor protection fund

    We also compared Coinut against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.

    Coinut Security Factors
    Coinut OKX Coinbase
    Tier-1 regulation
    Yes
    No
    Yes
    Government-regulated
    Yes
    Yes
    Yes
    Investor protection fund Provides compensation to users in case of financial loss due to unforeseen circumstances on the platform.
    No
    Yes
    Yes
    2FA
    Yes
    Yes
    Yes
    Facial recognition
    No
    Yes
    No
    Cold wallet storage The majority of user funds are held offline, reducing vulnerability to online attacks.
    Yes
    Yes
    Yes
    Successful hacker attacks We review publicly available information on past security breaches to assess the exchange's security track record.
    No
    No
    Yes

    Is Coinut a regulated crypto exchange? Regulation is crucial for the security and legitimacy of a cryptocurrency exchange. We assess the exchange’s regulatory status and its impact on platform reliability.

    Coinut is regulated by a Tier-1 financial authority (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or another jurisdictions with strict financial oversight). This ensures strong investor protection, compliance with stringent operational standards, and enhanced security for users trading on the platform.

    Coinut is authorized or licensed in accordance with local regulations in the following regions: Canada.

    Is verification (KYC) mandatory at Coinut?

    Yes, KYC verification is mandatory at Coinut. You will need to complete the verification process before you can open an account and access the platform's full range of services.

    Is Coinut available in the USA?

    Coinut is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.

    You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: OKX, Coinbase, Crypto.com .

  • Deposit and Withdrawal

    Score:
    We evaluated the deposit and withdrawal experience, considering several key factors such as the range of available methods, transaction processing speed, minimum deposit requirements, and associated fees. Read more in our Methodology.
    5.5 /10

    Coinut received a 5.5/10 rating for its deposit and withdrawal services. While Coinut covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.

    • Many cryptocurrencies for deposits and withdrawals
    • Bank transfers for deposits and withdrawals
    • Bank cards accepted for instant deposits
    • No deposit fees
    • Withdrawal fee applies
    • No P2P transfer option
    • No PayPal option

    Deposit and withdrawal options

    Coinut supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto.

    Coinut Deposit and withdrawal options vs competitors

    Coinut OKX Coinbase
    Bank transfers
    Yes
    No
    Yes
    Bank card
    Yes
    Yes
    Yes
    Crypto
    Yes
    Yes
    Yes
    PayPal
    No
    No
    Yes

    What is Coinut minimum deposit?

    The minimum deposit at Coinut is 10 USD/USDT or 4 BTC. The minimum trade size is 10 USD/USDT, which also serves as the minimum amount required to start trading on the platform.

    Coinut minimum deposit vs competitors

    Coinut OKX Coinbase
    Minimum deposit, USD or USDT 10 10 10
    Minimum deposit, BTC 4 5 1
    Minimum trade amount, USD/USDT 10 1 2

    Does Coinut support fiat money?

    Coinut supports fiat currency trading and account funding. The following fiat currencies are accepted: USD.

  • Supported Coins & Markets

    Score:
    Evaluates the range of available cryptocurrencies, fiat currencies, and markets, as well as investment tools like staking, farming, and other yield options. Read more in the Methodology section.
    1.5 /10

    Coinut received a score of 1.5/10 in this category, indicating a modest offering of assets and markets. While Coinut covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.

    • Fiat currencies supported
    • Other supported products
    • No TradFi perpetual futures trading
    • NTFs not available

    Coinut supported coins and markets vs competitors

    We compared Coinut with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.

    Coinut OKX Coinbase
    Supported coins 10 600+ 400+
    Futures/Perpetual contracts
    No
    Yes
    Yes
    Options
    No
    Yes
    No
    NFTs
    No
    Yes
    Yes
    Tokenized Assets Digital tokens representing real-world assets, such as stocks, bonds, commodities, or real estate.
    No
    Yes
    Yes
    TradFi Perps Perpetual futures contracts linked to traditional financial assets, such as stocks, indices, or commodities.
    No
    Yes
    Yes
    Prediction Markets Markets where users trade contracts based on the outcomes of future events.
    No
    No
    No
    Other Assets
    No
    No
    Pre-IPO

    Coinut passive income options vs competitors

    We also compared Coinut with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.

    Coinut OKX Coinbase
    Staking
    No
    Yes
    Yes
    Yield farming
    No
    Yes
    Yes
    Copy trading
    No
    Yes
    No
  • Trading Apps & Tools

    Score:
    This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn more in our Methodology.
    5.8 /10

    Coinut received a score of 5.8/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.

    • App data protection with 2FA
    • Advanced tools and automation with API
    • Positive user feedback on the iOS app
    • Mobile indicators allowed
    • No access to TradingView features
    • No trading bots for traders
    • Advanced orders not available

    Trading apps

    Coinut provides web and mobile apps for both Android and iOS users, with an average rating of 4.2 on the App Store and 3.5 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Coinut platform is for mobile use.

    Coinut OKX Coinbase
    2FA
    Yes
    Yes
    Yes
    Face ID
    No
    Yes
    No
    Mob Indicators
    Yes
    Yes
    Yes
    Alerts
    No
    Yes
    Yes
    Advanced Orders These are specialized trading features that give users more precise control over how trades are executed. Examples include Stop-Limit, Trailing Stop, and OCO (One Cancels the Other). These tools may only be available on the web version of the platform.
    No
    Yes
    Yes
    Trading with bots
    No
    Yes
    No
    API
    Yes
    Yes
    Yes
    Extra trading platforms These refer to third-party platforms supported by the crypto exchange in addition to its own proprietary system.
    No
    No
    No

    Does Coinut offer a desktop app?

    No, Coinut does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.

    Does Coinut offer advanced charting with TradingView integration?

    No, Coinut does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.

  • Customer Support

    Score:
    We evaluated Customer Support at Coinut based on the availability of live chat, email, phone support, ticket systems, help center resources, 24/7 assistance, multilingual support, and response time. Our assessment focuses on support accessibility and responsiveness. Learn the assessment criteria
    3.1 /10

    Coinut provides below-average customer support, with noticeable limitations in communication channels, service availability, or additional assistance resources.

    During TU testing, the exchange received a relatively low score for support accessibility and responsiveness. Users may face difficulties obtaining timely assistance with account access, deposits, withdrawals, or trading-related issues.

    • 24/7 customer support available
    • Support ticket system available
    • Comprehensive help center available
    • Phone support unavailable
    • Limited language support

    Coinut Support Channels vs Competitors

    Coinut OKX Coinbase
    Live Chat
    No
    No
    Yes
    Email Support
    No
    No
    No
    Phone Support
    No
    No
    No
    Ticket System
    Yes
    Yes
    Yes
    24/7 Support
    Yes
    Yes
    Yes
    Help Center / FAQ
    Yes
    Yes
    Yes
    Multilingual Support
    No
    No
    Yes
    Contacts
    Foundation date 2013
    Registration address 18 King Street East, Suite 1400, Toronto ON M5C 1C4, Canada CA
    Official site https://coinut.com/
    Contacts support@coinut.com

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OKX
Logo OKX
OKX
8.5 /10
Spot Fees
Spot fee rate, Maker fee
0.08%
Coins
Coins Supported
600+
Coinbase
Logo Coinbase
Coinbase
7.8 /10
Spot Fees
Spot fee rate, Maker fee
0.5%
Coins
Coins Supported
400+
Crypto.com
Logo Crypto.com
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7.8 /10
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Spot fee rate, Maker fee
0.25%
Coins
Coins Supported
400+
Cryptohopper
Logo Cryptohopper
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7.8 /10
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Spot fee rate, Maker fee
0%
Coins
Coins Supported
1000
BTCC
Logo BTCC
BTCC
7.6 /10
Spot Fees
Spot fee rate, Maker fee
0.2%
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Coins Supported
399

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