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CoinsBank Review

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Average

Revainrating 4 out of 5  
Rating 
3.8
Crypto Exchanges

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Description of CoinsBank

Coinsbank is a financial institution, as well as a secure online platform for buying, selling, transferring, and storing cryptocurrencies. It's a cryptocurrency wallet, merchant, bitcoin & litecoin corporate accounts, exchange rates, BTC to USD, BTC to EUR. Buying and selling cryptocurrency, games on rates volatility available to any users on the system.

Reviews

Global ratings 13
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Type of review

Coinsbank is an open stage to blockhain trade administrations, be it for exchanges, withdrawals of wallets, or any activity of a cryptographic sort, in this sense it's anything but an overall norm of operational exchanges with expansive help and reach to clients, regardless of whether at home or abroad; In any case, coinsbank covers just four kinds of advanced monetary standards, which limits the utilization of different monetary forms at the circumspection of clients, which makes this stage

Pros
  • Extraordinary client care support
  • Broadening in your exchanges
  • Undeniable degree of cryptographic security
Cons
  • Continuous interest in return rates

The CoinsBank crypto trade stage is àlso one of the administrations given by the Plenty of other crypto administrations it gives. This trade stage is effectively available on the CoinsBank versatile application and the swapping scale are not actually ideal. The quantity of crypto sets upheld on the CoinsBank trade for exchanging is low totalling 6 in number which shows that there is a low number of clients on this stage. Checking through the value diagram of Litecoin, the higher offer and…

Pros
  • Their interface is very simple to utilize and its trade stage is effectively available on the CoinsBank portable wallet application
  • It upholds Fiats which makes withdrawals simple to banks
Cons
  • Their exchanging expenses are abundantly high and ought to be chipped away at as it even surpasses the business' normal (twofold of it precisely)
  • The trade stage is presently deserted by merchants

Revainrating 2 out of 5

CoinsBank Exchange Platform Appears To Be Abandoned By Traders

The CoinsBank crypto exchange platform is àlso one of the services provided by the Plethora of other crypto services it provides. This exchange platform is easily accessible on the CoinsBank mobile application and the exchange rate are not really favourable. The number of crypto pairs supported on the CoinsBank exchange for trading is very low totalling 6 in number which indicates that there is a low number of users on this platform. Checking through the price chart of Litecoin, the higher…

Pros
  • Their interface is quite easy to use and its exchange platform is easily accessible on the CoinsBank mobile wallet application
  • It supports Fiats which makes withdrawals easy to banks
Cons
  • Their trading fees are exuberantly high and should be worked on as it even exceeds the industry's average (double of it exactly)
  • The exchange platform is currently abandoned by traders
  • Margin or differences between bid and ask is very wide
  • The exchange platform supports few pairs

Coinsbankis a reputable UK based exchange that was established by CB exchange LP and licensed in Belize. The exchange started operation since 2016 and it is still in actively in operation. The exchange has many flat currencies on its platform which I believe contributed largely to it's high liquidity coupled with the fact that it supports two major cryptos ethereum and Bitcoin. It is a security tight exchange. Itvemploys many security architecture. These includes SSL encryption, Email…

Pros
  • Coinsbank supports two major cryptocurrencies, ethereum and Bitcoin
  • It also support many major flat currencies
  • It is secured with SSL encryption, 2FA, email verification and other security architecture
  • It is licensed and regulated
  • Customer service is prompt 24/7
Cons
  • Too many charges are involved

Revainrating 5 out of 5

CoinsBank

Coinsbank is an open platform to blockhain exchange services, be it for transactions, withdrawals of wallets, or any operation of a cryptographic nature, in this sense it provides a general standard of operational transactions with broad support and reach to users, whether at home or abroad; However, coinsbank covers only four types of digital currencies, which minimizes the use of other currencies at the discretion of users, which makes this platform not so striking in international trade…

Pros
  • Great customer service support
  • Excellent and easy enough to manipulate
  • Diversification in your transactions
  • High level of cryptographic security
Cons
  • You have very few currencies for transactions
  • Frequent demand in exchange rates

Revainrating 4 out of 5

CoinsBank.

Coinsbank is a digital exchange platform that allows users to transfer digital assets as well as send and receive digital assets from other platforms quickly and safely, this wallet has the characteristic of offering blockchain technology to users. which means that the speed with which you carry out the transactions are fast, This platform accepts a wide variety of assets such as Bitcoin Litecoin, Dash, Ethereum, NEO and another great variety of cryptocurrencies.

Pros
  • It offers users great security benefits.
  • Its interface is very easy to use.
  • Transaction fees are low.
  • Accepts a large amount of ERC-20 coin.
  • It has a minimum deposit.
Cons
  • No comment so far.

Revainrating 3 out of 5

CoinsBank

CoinsBank is a multi-platform, on its website they are called "All in one" referring to Blockchain services. Its main function is that its clients buy and sell their Bitcoins, Litecoin, Ethereum and Ripple, Offering low rates and minimal flashy transactions. In terms of deposits, CoinsBank accepts the aforementioned cryptocurrencies with very low minimums, Example for Bitcoin the minimum is 0.0001, for Litecoin it is 0.001, Ethereum is 0.001 and Ripple is 0.01. It also accepts deposits in bank

Pros
  • Multiple forms of deposits and withdrawals
  • Low rates, although compared to other exchanges you can consider high
  • Minimum deposits.
  • Wallet and card services available
  • It has a mobile application
Cons
  • Charges inactive maintenance fee of almost € 50
  • Very few cryptocurrencies available

Revainrating 4 out of 5

CoinsBank

This is an exchange platform that was founded in 2016 and its main headquarters is in the United Kingdom, this cryptocurrency platform is one of the best since it is backed by the CB exchange company, which is licensed and in order in all your financial services. That offers a blockchain service network where it includes a variety of cryptocurrency exchanges where it is easy and fast to use. It supports a supported number of fiat currency trading pairs, this exchange is very good and offers…

Pros
  • very good interface
  • competitive security
  • accepts fiat currencies
  • supports a very large amount trading pairs  
Cons
  • Very high exchange fees.

Revainrating 5 out of 5

CoinsBank is a cryptocurrency exchange.

CoinsBank has some distinct advantages over a number of crypto-exchanges: it accepts a number of fiat currencies, supports various payment methods, SEPA included, and also offers CoinsBank debit cards. Also, it has developed mobile apps for those investors who prefer to trade on the go. However, must be kept in mind this exchange is registered offshore, which always makes matters seem shadier. Besides, the crypto-offering of CoinsBank is limited to BTC and LTC and the fees that apply to trades…

Pros
  • A lot of payment methods supported.
  • Mobile apps offered.
Cons
  • Unregulated exchange registered Offshore.

Revainrating 5 out of 5

Coinsbank is a cryptocurrency exchange registered in Belize.

The exchange is rather experienced, having been launched in 2014 as BIT-X and since rebranded to CoinsBank.Their site is very easy to use and intuitive, has all the security measures standard in the industry,and their exchange engine seems to be working as intended and attract sufficient liquidity from traders.

Pros
  • Download for ios and android.
  • Extremely easy to use and navigate.
  • Excellent customer service.
  • Safe and Secure exchange platform.
Cons
  • For deposit,we can use credit card,cryptocurrency and wire bank.
  • Limited cryptocurrency assets.
  • Very high exchange fees.

Revainrating 4 out of 5

CoinsBank is your «all-in-one» gateway to blockchain services

What is CoinsBank CoinsBank is a crypto platform supported by a company known as CB Exchange LP and has licensing from two regulators. These are the International Financial Services Commission (IFSC) of Belize and FinCEN Belize. It was founded in April 2016 and has its headquarters in the UK. But it is not licensed by the Financial Conduct Authority (FCA) or any other UK regulator. Prior to this, it was known as BIT-X and primarily offered Bitcoin debit card services. Though it has retained…

Pros
  • Licensed exchange
  • Simple interface, convenient orders management and real-time exchange data
  • Invest in cryptocurrencies, and we make it safer with stop-loss and take-profit features
  • No documents needed to begin trading
Cons
  • Supports a limited number of digital currencies
  • Not regulated in its region of operations (registered offshore)
  • High 0.5% flat fee for trading (industry average is 0.2% to 0.25%)

Revainrating 4 out of 5

CoinsBank provide a wide variety of services.

It provides their clients with a number of sophisticated blockchain services, including an advanced cryptocurrency exchange platform. The exchange service is extremely easy for experienced traders to use. However, the exchange does not provide the various types of cryptocurrency resources available to the business. Also, exchange fees are very high compared to most competitions. However, it does support an impressive amount of fiat currency trading pairs, which are not very common in…

Pros
  • Ultimately easy to use and navigate.
  • Various fiat currencies are supported.
  • Safe and secure exchange.
  • Great customer service
Cons
  • Very high exchange fees.
  • Registered and controlled abroad.

Coinsbank should be a good exchange if they don't require a lot of efforts to complete security and verification. In addition, there are too few cryptocurrencies to trade even though there are a lot of purchasing methods. However, the design makes and user pages make the experience much better

Pros
  • - Their website looks very professional and nice-looking - The security aspect is good - Users can buy crypto with their credits cards such as Visa or Master Card - The exchange is regulated by the government of Scotland, UK - There are a lot of available social media channels to communicate with the public - Many other methods are available - They offer a mobile app - Live support chat useful
Cons
  • - There are only a few cryptocurrencies traded at the time of writing - Trading fees are taken based on a fixed proportion for all types of coins/tokens - They require a minimum deposit limits