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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on CoinEgg by Pedro O. Alvino M.

Revainrating 2 out of 5

CoinEgg has a long-standing platform with an exchange model that differs from…

CoinEgg has a long-standing platform with an exchange model that differs from other Exchange, which despite not working with Fiat currency, is no exception to not using it, instead the work team could say that it does not manage trust in the future of the platform, the diverse amount of comments and negative criticisms blacklisted it for many investors, in if it is not advisable to work and operate in this exchange but it may be feasible for others who look for something different in terms of features and functions that the exchange.



Pros
  • Simple and modern interface. The registration process is completely fast and it is not necessary to verify in order to make deposits on the platform It supports more than 40 cryptocurrencies, including some exotic tokens that are not found in another market
Cons
  • It does not work with Fiat currency and is only based on an exchange between cryptocurrencies in which it has limitations in the purchase and sale of them. Their withdrawal fees are excessively high, up to 1% the withdrawal rate among exotic currencies. It presents problems on the platform, such as asset freezing. Generates distrust by hiding user opinions on the platform Your customer service is appalling, listed as corrupt and inept Its withdrawal process in the portfolio takes hours to arrive generating discontent in the users. It is not recommended for beginner users, since great knowledge is needed to understand the market within the page It has no leverage options hurting retail investors.

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