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Lagos
1 Level
120 Review
16 Karma

Review on CoinMate by Natasha Williams

Revainrating 3 out of 5

The exchange is not very active in terms of trading activities

Coinmate exchange has a trading capacity for a very little number of altcoin but luckily enough they are one of the major altcoins in the crypto space, these are coins like BTC, ETH, XRP, DASH, DAI and LTC only. The lack of different crypto currency restricts traders choice of investment or coins cause you are only limited to the coins available on the exchange, to be frank it impossible making the best out of your trading experience with the numbers of coins listed here cause there are some other vital digital currency that are also very important to traders but aren't made available on Coinmate exchange.



The exchange has been launched since 2014 and it seems to be reliable enough for traders to trust cause it has a good rating online and the service offered are also outstanding and beneficial to every Crypto currency trader. You have the opportunity of trying out your trading skills and statics for free with the demo section to know how capable you are performing virtual transactions on the exchange. There are many ways of making deposit, you either use digital currency or fiat currency for that, and that way it allows new entry traders come in easily and I perceive the demo section was also designed for the sake of the newbies as well.

Pros
  • It supports the main dominant altcoins
  • It provides a demo trading section
  • It's reliable
Cons
  • The trading fees are immoderate
  • The coins listed are few
  • The liquidity is low