Coinut Review 2026
Learn more about TU’s methodology
- 100 SGD
- WebTrader
- Mobile application
- Makers can trade with zero commission
Our Evaluation of Coinut
Learn more about TU’s methodology
Coinut is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.32 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Coinut 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.
The Coinut crypto exchange focuses on the active trading of popular cryptocurrencies and does not offer investment solutions to generate passive income. Due to the loyal deposit requirements, the availability of training materials, and trading platforms with clear functionality, the exchange is suitable for novice traders. When trading large volumes, Coinut offers zero commission, which will be appreciated by experienced market participants.
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.
Brief Look at Coinut
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.
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- 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.
TU Expert Verdict
Chief Analytics Officer
Coinut is a cryptocurrency exchange focused on spot trading for 10 major digital assets, offering both a web-based platform and mobile apps for Android and iOS. The minimum deposit is 100 SGD, although there is no minimum deposit for cryptocurrencies, and the exchange supports fiat transactions in SGD, USD, and CAD. Coinut is notable for its zero-commission trading for makers, tiered fee structure based on trading volume, and mandatory KYC verification. Security is emphasized with regulations under FINTRAC in Canada, cold wallet storage, two-factor authentication, and semi-manual processing for large withdrawals.
Drawbacks include the absence of investment options such as staking, a small selection of supported coins, unavailability of XRP, BCH, and DASH, and reportedly slow customer support response. Coinut does not provide margin trading, only offers spot transactions, and lacks advanced tools like TradingView integration. As a result, this exchange may be suitable mainly for novice users or traders prioritizing simple spot crypto trading, but might not meet the needs of those seeking broader market access or investment features.
Coinut Summary
| 💻 Trading platform: | WebTrader, apps for mobile devices based on Android and iOS |
|---|---|
| 📊 Accounts: | Demo, Normal, VIP 1, VIP 2, VIP 3, VIP 4 |
| 💰 Account currency: | USD, SGD, CAD, and cryptocurrencies |
| 💵 Deposit / Withdrawal: | Cryptocurrencies, Visa, MasterCard, wire transfer, telegraphic transfer, Google Pay, Apple Pay, Xfers, domestic cheque, and iBanking |
| 🚀 Minimum deposit: | 100 SGD, there is no minimum deposit amount for cryptocurrencies |
| ⚖️ Leverage: | 1:1 |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Spot: 0%-0.1% |
| 🔧 Instruments: | 10 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Limit, market |
| ⭐ Trading features: | Makers can trade with zero commission |
| 🎁 Contests and bonuses: | Welcome bonus |
Coinut is an exchange for spot trading cryptocurrencies through limit and market orders. Transactions can be made both on the web platform and in mobile apps. The minimum deposit requirements depend on the asset used.
Coinut Key Parameters Evaluation
Regulation and Safety
Coinut has earned a rating of 9.75/10, demonstrating strong security and regulatory compliance. This score suggests that the exchange is generally reliable and offers a solid level of protection for users.
- Cold wallet storage
- No successful hacks history
- 2FA
- Tier-1 regulation
- Government-regulated
- No investor protection fund
- Not U.S regulated
- No facial recognition
Coinut Security Factors
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 | Kraken | Coinbase | |
| Tier-1 regulation | Yes | Yes | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | No | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | Yes |
Is Coinut a regulated crypto exchange?
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: Kraken, Coinbase, OKX .
Coinut commissions and fees
Coinut received a 7.75/10 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 | |
| Spot, maker fee (%) | 0 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.1 | 0.22 | 0.2 | 0.194 |
What are Coinut deposit and withdrawal fees?
| Deposit fee, % | 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.
Deposit and Withdrawal
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
- No deposit fees
- Bank cards accepted for instant deposits
- No PayPal option
- No P2P transfer option
- Withdrawal fee applies
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 | Kraken | Coinbase | |
| Bank transfers | Yes | Yes | Yes |
| Bank card | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | 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 | Kraken | Coinbase | |
| Minimum deposit, USD or USDT | 10 | 10 | 10 |
| Minimum deposit, BTC | 4 | 1 | 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:
Supported coins & markets
Coinut received a score of 2/10 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
- Yield farming not available
- 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 | Kraken | Coinbase | |
| Supported coins | 10 | 278 | 249 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | No |
| NFTs | No | Yes | Yes |
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.
Trading apps & tools
Coinut received a score of 5.75/10 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.
- Advanced tools and automation with API
- App data protection with 2FA
- Positive user feedback on the iOS app
- Mobile indicators allowed
- No access to TradingView features
- No access to Copy Trading
- No Face ID
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 | Kraken | Coinbase | |
| 2FA | Yes | Yes | Yes |
| Face ID | No | No | No |
| Mob Indicators | Yes | Yes | Yes |
| Alerts | No | Yes | Yes |
| Advanced Orders | No | Yes | Yes |
| Trading with bots | No | No | No |
| API | Yes | Yes | Yes |
| Extra trading platforms | 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.
Contacts
| Foundation date | 2013 |
|---|---|
| Registration address | 18 King Street East, Suite 1400, Toronto ON M5C 1C4, Canada CA |
| Official site | https://coinut.com/ |
| Contacts |
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