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Lokoja
4 Level
215 Review
1593.5 Karma

Review on Coinhako by larei bello

Revainrating 2 out of 5

I wouldn't advise you to trade here, 0.002 BTC fir withdrawal is outrageous

I just finished exploring CoinHako exchange recently, the exchange had some features which weren't impressive or desirable. CoinHako was launched in Singapore for a very long time since 2014. I had already gone through a review by an author before i made my own personal research. Well, in my own opinion i wouldn't advice users to trade here. The exchange actually isn't a well known exchange, so i first discovered it on Revain. The exchange comes with a trading interface which is suitable for trading and also mobile-friendly, hence it's usability isn't limited. But most times, i use exchanges on my desktop for better trading view. The exchange has an outrageous fee structure that makes trading here quite difficult. CoinHako usually charges a fee of 1% for every transactions with no exceptions at all! Apart from the trading fee, the exchange also charges a very expensive fee of 0.002 BTC for withdrawal which makes trading and withdrawal uneconomical considering the trader. The exchange doesn't have much about itself, which makes it quite untrustworthy.

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Pros
  • It can be used on mobile phones and desktops
Cons
  • The fees structure makes it quite impossible to trade
  • The exchange launched since 2014, has nothing to show for it
  • There is no much information about the exchange

Comments (2)

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February 24, 2021
I didnt trade on this exchange, because i didnt want to turn out to be a victim of scam, though the exchange could be used on anybolatofmr. Either the computer or mobile phone, nice trading interface but terrible exchange
February 24, 2021
"Apart from the trading fee, the exchange also charges a very expensive fee of 0.002 BTC for withdrawal which makes trading and withdrawal uneconomical " this is not good for an exchange, as it will lead to loss of investors

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