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
- 0.001 BTC
- TradingView
- The fees reduce when trading volumes grow
- one can invest in venture projects
- there is a favorable referral program
Our Evaluation of CoinW
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
CoinW is a moderate-risk cryptocurrency exchange with the TU Overall Score of 6.17 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by CoinW clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
CoinW is one of the most requested crypto exchanges in the world and it’s equally popular in the U.S., Europe, and Asia. This platform has over 7 million active users attracted by the variety of trading instruments, unique investment solutions, and the high stability of its web platform and mobile version.
Brief Look at CoinW
CoinW is a popular cryptocurrency exchange with headquarters in the British Virgin Islands. It provides services in 120 countries and has been fully translated into the world’s major languages, including English and Chinese. One can make deposits in U.S. dollars, Korean wones, Chinese yuans, and Vietnamese dongs. Cryptocurrencies are traded only for other cryptos, including Bitcoin, Litecoin, Ether, and hundreds of other altcoins. The mining pool is constantly increasing. Besides cryptocurrencies themselves, the exchange offers cryptocurrency futures and exchange-traded funds (ETFs). The fees are about average in the market and can be additionally reduced as trading volumes increase. CoinW also offers a variety of solutions for mining and staking, including hybrid programs with high interest rates up to 20%. The platform also allows large investors to participate in venture projects at the Bigtime and Memusic levels. A favorable referral program is available.
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- Bitcoin and hundreds of altcoins are traded on the platform, and the number of assets is constantly increasing;
- At the first trading level, takers and makers pay a 0.2% fee, which reduces as the trading volume grows;
- There are dozens of cloud mining and staking programs with optimized risks;
- One can trade cryptocurrencies, futures, and ETFs on the same platform;
- Trading is available in the TradingView browser or the exchange’s proprietary mobile app;
- Under the referral program, invited users get 500 USDT, and their inviters get 1 USDT for each transaction made by the referrals;
- The exchange offers large investors to invest in high-yield venture projects.
- This exchange provides many instruments but there is no crypto-fiat trading, only crypto-crypto;
- CoinW doesn’t have a call center, and technical support can only be contacted through Telegram, Twitter, or LiveChat;
- To get the lowest possible fee, you need to trade rather actively.
TU Expert Advice
Author, Financial Expert at Traders Union
CoinW offers a variety of cryptocurrency-related services, including trading over 386 crypto instruments, futures, ETFs, and staking options on the TradingView platform and its proprietary mobile app. The exchange uses a fee structure that incentivizes higher trading volumes by reducing fees as volumes grow. Additionally, it provides venture investment opportunities, a favorable referral program, cloud mining, and staking programs. The exchange supports deposits in multiple fiat currencies, enhancing accessibility for users across different regions.
However, CoinW has several drawbacks, including the absence of crypto-to-fiat trading and limited client support, which are primarily available through Telegram and social media channels. The requirement to maintain higher trading volumes to reduce fees may not suit infrequent traders. These conditions, alongside the aforementioned disadvantages, suggest that CoinW may be more suited to active crypto traders and investors who are comfortable with crypto-only transactions and seeking diverse investment opportunities.
- You value security, as CoinW emphasizes its commitment to security with measures such as cold storage for most user funds, multi-signature wallets, and regular security audits. These features provide added peace of mind for users concerned about the safety of their funds.
- You prefer a user-friendly platform, as CoinW offers both a mobile app and a web-based platform designed to be user-friendly, even for beginners. This makes it easier for users to navigate the platform and execute trades with confidence.
- You are a US citizen, as CoinW is not available to US citizens. So, if you reside in the US, you won't be able to use this exchange for trading cryptocurrencies.
- You are looking for the lowest fees, as CoinW's fees are higher compared to some other cryptocurrency exchanges.
- You require the ability to trade cryptocurrencies against fiat currencies. CoinW may not be suitable for your needs as it only offers crypto-to-crypto trading pairs.
CoinW Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | TradingView |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | U.S. dollars, Korean wones, Chinese yuans, Vietnamese dongs, and cryptocurrencies |
| 💵 Deposit / Withdrawal: | Bank cards, credit cards, cryptocurrency wallets, and electronic payment services |
| 🚀 Minimum deposit: | 0.001 BTC |
| ⚖️ Leverage: | Up to 1:20 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | No |
| 💱 Commission: |
Spot: 0,2%-0,2% Futures: 0,03%-0,05% |
| 🔧 Instruments: | 386 supported coins, Futures, Perpetual contracts, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | No |
| ⭐ Trading features: | The fees reduce when trading volumes grow; one can invest in venture projects; there is a favorable referral program |
| 🎁 Contests and bonuses: | Yes |
The fees offered to traders by the CoinW exchange are among the lowest in the market. But generally, this platform’s trading conditions can be assessed as the market average. To explain this statement, the table below provides the basic characteristics of the exchange.
CoinW Key Parameters Evaluation
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Regulation and safety
CoinW 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.
- No successful hacks history
- U.S-regulated
- 2FA
- Tier-1 regulation
- Cold wallet storage
- Government-regulated
- No investor protection fund
- No facial recognition
CoinW Security Factors
We also compared CoinW against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| CoinW | OKX | Kraken | |
| Tier-1 regulation | Yes | No | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | Yes | No |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | Yes | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is CoinW a regulated crypto exchange?
CoinW 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.
CoinW is authorized or licensed in accordance with local regulations in the following regions: U.S, AUSTRAC in Australia, Poland, Saint Vincent and the Grenadines, Taiwan.
Is verification (KYC) mandatory at CoinW?
Yes, KYC verification is mandatory at CoinW. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is CoinW available?
CoinW complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Canada, Pakistan, Singapore, Iran, Islamic republic, Bangladesh, Egypt, Sri Lanka, Japan, Ghana, Morocco, Algeria, China, Venezuela, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact CoinW support.
Is CoinW available in the USA?
Yes, CoinW is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
CoinW commissions and fees
CoinW received a 5.2/10 score for its trading fees. While CoinW is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- No deposit fee
- Futures fees above industry average
What are CoinW trading fees?
We analyzed CoinW’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.
CoinW trading fees vs competitors
| CoinW | Binance | Bybit | Industry average | |
| Spot, maker fee (%) | 0,2 | 0,1 | 0,1 | 0.15 |
| Spot, taker fee (%) | 0,2 | 0,1 | 0,1 | 0.194 |
| Futures, maker fee(%) | 0,03 | 0,02 | 0,02 | 0.024 |
| Futures, taker fee(%) | 0,05 | 0,05 | 0,055 | 0.053 |
What are CoinW deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0,0005 BTC 0,01 ETH 10 USDT (ERC20) 1 USDT (TRC20) |
Does CoinW offer P2P trading?
Yes, CoinW offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.CoinW P2P Fees
Deposit and withdrawal
CoinW received a 6.5/10 rating for its deposit and withdrawal services. While CoinW covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- P2P for flexible transfers
- Bank transfers for deposits and withdrawals
- No deposit fees
- Bank cards accepted for instant deposits
- Withdrawal fee applies
- No Google Pay option
- No PayPal option
Deposit and withdrawal options
CoinW supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto.
CoinW Deposit and withdrawal options vs competitors
| CoinW | OKX | Kraken | |
| Bank transfers | Yes | No | Yes |
| Bank card | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | No | Yes |
What is CoinW minimum deposit?
The minimum deposit at CoinW is 10 USD/USDT or 0,0005 BTC. The minimum trade size is 5 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
CoinW minimum deposit vs competitors
| CoinW | OKX | Kraken | |
| Minimum deposit, USD or USDT | 10 | 10 | 10 |
| Minimum deposit, BTC | 0,0005 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 5 | 0,00001 | 1 |
Does CoinW support fiat money?
CoinW supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
CoinW received a score of 7.5/10 in this category, reflecting a solid selection of tradable assets and markets. CoinW supports 386 cryptocurrencies and basic trading types, although some advanced features or asset diversity may be limited compared to leading exchanges.
- Crypto futures available
- Crypto copy trading available
- Staking available
- Crypto options not available
- NTFs not available
CoinW supported coins and markets vs competitors
We compared CoinW 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.
| CoinW | OKX | Kraken | |
| Supported coins | 386 | 329 | 278 |
| Futures/Perpetual contracts | Yes | Yes | Yes |
| Options | No | Yes | No |
| NFTs | No | Yes | Yes |
CoinW passive income options vs competitors
We also compared CoinW 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
CoinW received a score of 7.25/10 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.
- Positive user feedback on the iOS app
- Mobile indicators allowed
- Strategy sharing with Copy Trading
- Automated trading with bots
- No standalone desktop access
- Android App score below 4 points
- No access to TradingView features
Trading apps
CoinW provides web and mobile apps for both Android and iOS users, with an average rating of 4,6 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 CoinW platform is for mobile use.
| CoinW | |
| 2FA | Yes |
| Face ID | No |
| Mob Indicators | Yes |
| Alerts | Yes |
| Advanced Orders | No |
| Trading with bots | Yes |
| API | Yes |
| Extra trading platforms | No |
Does CoinW offer a desktop app?
No, CoinW 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 CoinW offer advanced charting with TradingView integration?
No, CoinW does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Foundation date | 2017 |
|---|---|
| Registration address | Dubai, Dubai, United Arab Emirates |
| Official site | https://www.coinw.com/ |
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