Review on Coinlim by Elvin Akhmed
Coinlim
Coinlim is a Singapore-based cryptocurrency exchange that was established in 2018. Coinlim is a Chinese-focused company founded by Hongkong Rise Success Investment LTD. Eighty-three (83) markets are available for trading on the exchange. It's a cryptocurrency-only exchange.
Aside from traditional crypto and OTC trading, the exchange also allows users to purchase and sell advertisements and shares. The exchange is notable for charging both takers and manufacturers a modest, flat transaction charge. They just charge 0.10 percent, against 0.20 percent to 0.25 percent on other exchangers. In addition, with the exception of the network cost, there are no withdrawal fees.
Also, since the exchange began, there has been no indication of a security breach, thus we can agree that its security measures must be current. Meanwhile, there is considerable dissatisfaction with the exchange. Some investors grumbled about not being able to withdraw funds when they were supposed to, while others complained about the verification procedure taking too long.
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Pros
- It is compatible with mobile platforms such as iOS and Android.
- The transaction cost is quite cheap.
Cons
- It has received a lot of bad feedback.
- There is a problem with their customer service.
