Review on CoinTiger by Olugbenga Ajayi
Coin Tiger Review
Coin Tiger is a Singapore based Exchange that is fully licensed and regulated although there is no information concerning the owner and team behind it. It was launched in 2017 and it offers up to 89 cryptocurrencies and 150+ currency pairs for trading.
Information shows that the exchange has been contributing a lot to the Bitshare ecosystem and it has grown to become the largest Exchange in terms of BitCNY Trading volume. It also enjoy a large numbers of traders.
In terms of deposit, it accepts cryptocurrency and bank wire. The withdrawal fee is competitive. It charges only 0.0005 BTC.
The exchange offers spot trading and promises to include advanced spot Trading in the future. It has its own token known as tiger clash(TCH) whish is an erc-20 token.
However when one considers the lack of information about the development team coupled with a lots of report from traders who complained about their fraudulent practices like failure to approve withdrawal and the like, I implore anyone who wish to use this Exchange to be cautious.
Pros
- Apps are available for Android and iOS
- It is registered and regulated by Singapore government
- It has daily high liquidity
- It offers competitive fee
Cons
- No information about development team
- There are complains about failure to approve withdrawal
