Review on Coinsuper by Temitope Babatunde
If You Hold Their Token Your Fee Will Be Reduced.
This Exchange was launched in 2017 in Hong Kong. The present CEO is Karen Chen. It is a centralized exchange with relative liquidity, the exchange is said to be part of Higgs block but this fact could not be established. Those behind the exchange are bank professionals.
The exchange is good for new entrant, because users can deposit fiat through credit cards as well as wire transfer this will surely come with some charges. But depositing with cryptocurrencies require no any fee. When trading, the maker pays 0.14 percent while taker pays 0.2 percent, but if a user hold the platform token which is CEN the fee will be reduced or if the trader has a very big volume during the last 30days trading period.
Withdrawal, if it is fiat will attract 0.2 percent charges apart from bank fee
Withdrawal, if it is fiat will attract 0.2 percent charges apart from bank fee. If the withdraw is crypto, it varies according to the type of coin. Security, is another area of importance, though the website has good security but the security of the domain remain.
Considering the factors above can help someone to determine if it is good or not.
Pros
- More than 95 active markets, this gives it a good liquidity.
- It uses multisignature crypto wallet
- It has mobile application with 2Factors authentication.
- The website has more than one language
- If a user hold their native coin the person will enjoy reduced trading fee.
- It accepts fiat deposit
- There is fiat to crypto trading and vise versa.
- Investors from US can use it.
Cons
- No mentioning of insurance for users fund in case of any breach.
- There is KYC
- Only those with large volume trade can enjoy lesser trading fee.
