Review on Coinhub by Danh Huỳnh Ngọc Công
Coinhub if you love the basics
Coinhub is a good exchange for trading top cryptocurrencies. Although the overall interface is simple and basic, it still gives a good enough feeling and high liquidity. Available fiat trading option is a big plus for this exchange. The exchange is a good one to try.
Pros
- - It is very fast to register an account on the exchange as it requires users only basic information
- - Registered users can trade and withdraw anonymously and there is no need to do KYC if the withdrawal amounts are not to massive
- - Users can trade against there fiat currencies including EUR, USD, and SGD. This is very good for traders who want to play safe
- - Its trading volume is high so the liquidity is good. It can be said that users will less likely to experience slow trading and price manipulation
- - There is more than one type of orders. Traders can choose between limit order and market order
- - There are many ways to deposit fiat currencies and trade. The options include: Perfect Money, Payeer, AdvCash, Wire Transfer, and Fasapay
- - Deposit any cryptocurrencies is free, and the withdrawal fees are not too high
Cons
- - There are only twenty trading pairs on this exchange and this number is too small. I know the listing of coins on an exchange is based on its development strategy but the more trading pairs are available, the more profit will the exchange receive from its users
- - The withdrawal limit for users per week is too low and need to be more. It is not so bad though but it can be better
- - The trading screen is not convenient as you have to scroll down to get all the features while the other exchanges can fit all the section in one screen
- - Coinhub should redesign it website to be more beautiful and updated so customers' experience will be enhanced
