Header banner
Revain logoHome Page
Arun Kaul photo
1 Level
41 Review
50 Karma

Review on CoinTiger by Arun Kaul

Revainrating 4 out of 5

Cryptocurrency exchange - Cointiger

CoinTiger is a new cryptocurrency exchange, based in Singapre. Unlike some other companies in the cryptoverse, they are not only focused on local clients. That being said, the situation with the fiat tab, which we covered is slightly odd. We gave the exchange this score, as it simply has to prove itself over the course of time, but we generally like what they have to offer.


Still, this is an altcoin focused project. If you are looking to only trade Bitcoin and perhaps throw in a little leverage, some forex brokers present an interesting alternative.

CoinTiger names the legal entity which is behind it, as well as the address of their operation. This may sound like something very minor, but in the cryptocurrency space it actually brings a certain level of credibility, as some of the shadier elements don’t even go this far. That being said a bit more transparency will be appreciated.

Trading at CoinTiger is facilitate through an relatively-decent interface. Charting is provided by TradingView and can be expanded to a full screen. The other fields are placed around it and while the order book is arranged vertically, experienced traders will feel at home soon.



Pros
  • Stable exchanging platform – Buying and selling at CoinTiger is conduct by way of an relatively-decent user interface. Planning is supplied by TradingView and may be broadened to a 100 % display screen. The other areas are positioned close to it and whilst the purchase guide is organized top to bottom, skilled investors will sense at home quickly.
  • Minimal trading charges – This is certainly one of the primary interesting factors of this trade and most likely the rationale why volumes have been purchased so swiftly. Industry makers as well as buyers are equally charged 0.10%, as opposed to the industry average of about 0.20-0.25%.
  • 2FA recognized – Soon after signing up an account at this trade we were prompt to create two-factor verification. This is actually a standard in addition to great safety measure, that helps prevent an individual who in some way obtains your security password from being able to access your account.
  • Amenable with regard to consulting and cooperation – CoinTiger provides form, from exactly where an investor gets in touch with them with regard to a business query
  • Records of the actual company – Cointiger is very clear when it comes to its legality. It even provides its business address.
Cons
  • Fiat currency predicament is not yet determined – the very first time you get into CoinTiger’s website a “fiat” tab will show up.
  • If you are not based in a certain region like China, some coins that are not supported in your area will be greyed out or not available.
  • Limited information about them – while CoinTiger provides the name and address of their actual company, we didn’t manage to find much other information on them.
  • No Leverage – CoinTiger does not provide margin for the more aggressive traders.