Review on Allcoin by Sergio Daniel Delgado
AllCoin Exchange
AllCoin is a Canadian cryptocurrency exchange registered in Vancouver. The AllCoin trademark was protected on September 12, 2013. Despite this, the AllCoin platform began its activities only in April 2016. In the same month, the exchange received a license and started working on a legal basis.
AllCoin's global goal is to help develop blockchain projects. In particular, AllCoin provides a platform for new ICO companies. The name of the AllCoin exchange can be roughly translated into Russian as ‘All tokens’. And this is true: there are cryptocurrencies that are not traded in any other platform
AllCoin is strictly guided by the laws of Canada in its activities. The company is committed to totally legal activities and does not tolerate violations of the law by its users.
AllCoin implements a two-step verification: Primary and Advanced. The primary verification consists of verifying the phone number and entering personal data. The phone has already been confirmed during registration, but the full name AllCoin does not request other personal information in your course. Advanced verification is divided into email, identity, and residential address. It is available after successfully completing the primary verification.
AllCoin sets a daily limit on cryptocurrency output. For bitcoin, it is 50 BTC per day.
Pros
- The fee for withdrawing the cryptocurrency from AllCoin is 0.2%, but not less than 0.0015 Bitcoins (or other digital money units, depending on the currency of a withdrawal).
- Their operators work online 24/7 and will always help merchants solve current problems.
Cons
- Very complex and delayed registration process
