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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Coinrail by LUIS RIVERO R

Revainrating 2 out of 5

In general it is a really small change company because its main market is…

In general it is a really small change company because its main market is Korean, the registration process is simple, although it is necessary to carry out the verification of identity to use the entire exchange, it has a very good customer service and guidance since keep up-to-date update notifications, it is possible to make deposits with fiat money with the only restriction that is won korean, what I always recommend is to keep our assets in cold purses away from the exchanges where we handle our keys



Updated 5 years ago
Rating has not been changed
Despite being an easy to use exchange, I do not recommend if you are in a country other than Korea, since the trading pairs are relatively confusing.
To be able to use the exchange, it is necessary to carry out the data verification, in this sense if you are looking for privacy, stay away.



Pros
  • It is intuitive to use, that is to say while the page is being adapted to the different markets and the way in which they are distributed within the coinrail. According to its developers are in constant updates to keep the assets of users safe and to be honest this is possible due to the hack suffered in June 2018, although it was not so much capital, I think they have improved their system and thus being in the technological vanguard to which respects the exchange. Its main headquarters is in a country where the cryptocurrencies have a strong follow-up of the projects for that reason must adhere to the laws and keep up to date
Cons
  • As several large exchanges was hacked which makes you doubt your security, although it was already some time ago and can have an improved security there exists among the people that ghost represents the hacking of a house of exchange that can mean your bankruptcy. It is only available in English and Korean. In general I would not recommend this exchange for large transactions.

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