Review on CoinBene by Saparov Meylis

CoinBene is a new player on the crypto market, the exchange began operating in the second half of 2017, the domain was registered on September 27, 2017. This platform was created by the Elite group, which includes 3 large Chinese companies. Although the exchange was created after the growing popularity of cryptocurrencies, but quickly made it to the TOP10, now, according to coinmarketcap.com, CoinBene is in 10th place in terms of trading volume. The head office is located in Singapore.



The site is available in 8 languages, there is no Russian among the supported ones, so you will have to use the English version. The design is simple, but convenient, the main page and other sections of the site are not overloaded with unnecessary information.



The administration of the exchange decided to follow the example of other sites and issued its own coin Coni. We'll talk about it a little later. As for trading opportunities, several dozen cryptocurrencies are supported, including exotic altcoins. There are applications for mobile devices running Android and iOS.



Opportunities of the crypto exchange.



CoinBene offers the following working conditions:



* several dozen cryptocurrencies are supported and

many cryptocurrency pairs. There is support

unpopular altcoins. There is a liquidity problem

for unpopular crypto pairs, trading volumes are calculated

thousands of dollars, sometimes it is problematic to buy such

crypt;

* replenishment and withdrawal is possible in any currency from among

supported by the exchange, including in the CONI coins - these are

own exchange token;

* there is no commission for withdrawal, when withdrawing, the fee depends on

the cryptocurrency in which you want to withdraw coins. For example,

for Bitcoin, the commission is fixed at 0.001 BTC;

* there is no requirement for mandatory verification, although in

customer agreement and states that this information

the company can request if necessary. For withdrawal

just bind a mobile phone to your account, ask

6-digit pin code and verify your email address. But

taking into account our serious attitude to safety, we recommend

still go through verification immediately. It's a slow process

taking up to several days;

* trading commission is 0.1%;

* there are rebates paid in CONI coins;

* no margin trading;

* work is carried out only at the market price, pending orders

platform does not support;

* there are no complaints about the work of technical support;

* the terminal is convenient, live charts from Trading are supported

View. Lack of indicators, tools for

no graphical analysis.



CONI is an ERC20 token, created on the Ethereum blockchain, the emission is limited to 1 billion coins. Since June 22, 2018, trade mining has been operating, within the framework of which 100 thousand coins were issued every hour. Since the value of 50 million CONI has been reached, trade mining is currently inactive. Compensation of commissions is also paid in CONI coins, read more about the rebate payment scheme in the review of this cryptocurrency.



So far, the coin is only traded on CoinBene, mainly in pairs with Bitcoin and Ethereum. The developers have big plans for it - in the future, a vote on the listing of coins will be launched. Each vote will have a different weight depending on the amount of CONI in the wallet.