Review on Coinlim by Temitope Babatunde
Coinlim Is Good Also
Coinlim Exchange is one of the exchange in Singapore, it was established in 2018 by Hong Kong Rise Success Investment Limited. It is very easy to signup with the exchange and the overview is very attractive and easy to understand and use even by the newbie.
The platform is available both in English and in Simplified Chinese language. For those who may want to trade on this platform it must be kept in mind that it only accept deposit of cryptos only, this made it unsuitable for new entrante into the crypto arena. As per the fees, it is very attractive because they charge 0.10 percent for both taker and maker, withdrawal fee also is attractive it is below what is general obtainable in the crypto market and even for some coins they dont take any fee except the network fee.
Their support service can be said to be reasonably active and helpful. To list a new token on the platform also is made easier, just fill a form and if the team after making deligent research on the token see that it is good it will be approved and get listed.
In conclusion, though there are many competitors in the exchange market coinlim is trying and no hack has been reported against it.
Pros
- The withdrawal fee is very minimal.
- It has an OTC where individual users can create ads and sell thier shares.
- The app is also available for mobile devices.
- Listing new tokes on the platform is very easy.
- It is legally incorporated.
Cons
- It is not one of the major crypto exchange.
- It is centralized.
