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V.I
1 Level
428 Review
1727.75 Karma

Review on Koinim by Joseph Bello

Revainrating 2 out of 5

This exchange has absolutely nothing to offer.

Koinmi is another online digital currency exchange from Turkey and the first if its kind from the country. The exchange has only a few number of trading pairs which is not even up to 12 with low liquidity, this has made it very hard for traders to buy and sell Crypto currency and even to get trading partners. The exchange charges frivolous fee that don't even worththe service they render to traders ,the only time trades get to enjoy fast execution speed on the exchange is during registration and once that is concluded and you start trading the exchange's transaction speed becomes slow making it difficult to carry out withdrawals on time.
The exchange's support team is not helpful to traders at all they take time in responding to traders complaints sent through e-mails and at times they don't even respond to customers.
I don't recommend this exchange to any trader not even the Turkish traders cause the exchange doesn't provide vibrant and quality service to traders. 



Pros
  • I see nothing so special about the exchange
Cons
  • High flat fee of 0.4%
  • High withdrawal fee
  • Lack sophisticated trading features
  • Low selection of coins
  • Low liquidity and trading volume making it very difficult to buy and sell.
  • Poor user interface
  • Poor customer support team