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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on CoinField by LUIS RIVERO R

Revainrating 4 out of 5

Centralized and governed by European laws.

Centralized exchange, regulated by European standards but available in more than 193 countries, has six deposit methods using fiat money with different currencies, currently has more than 60 trading pairs and only 20 cryptocurrencies listed. Its ecosystem has market standards, two-factor authentication, secure key, and for the storage of assets, various types of encryption and most of the funds inaccessible in cold storage. It also has verifiable license.
The trading platform for exchanging different assets is easy to use, although the trading area is on the right hand side, however there are no problems in it since using it for a while can be adapted. Trading fees are on average those of the market only in some exceptions they are higher but only with fiat currency, the pairs and cryptocurrencies are average.
However, this exchange has limitations of use for investors from many countries, which makes its volume limited to take into account when registering as it could take a while.

Highly secure but you must sacrifice privacy.



Pros
  • Six fiat currencies accepted for deposits and withdrawals.
  • It is duly registered in the EU and is governed by the laws of that economic zone.
  • Currently it has an App to operate from Android and IOS phones.
  • Active referral program, however for some countries it is not available
Cons
  • Verification of KYC personal data is necessary, although they are justified by the anti-money laundering laws that are applicable in the area where they are governed.
  • Deposits or withdrawals in fiat are limited to the area where the user resides.
  • Several countries are not available for user registration.

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