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Review on CoinCorner by William Boaz

Revainrating 3 out of 5

Coincorner Exchange Review.

All in all, if you are looking for a cheap way to get coins and maintain them CoinCorner might not be for you.
First, you need to complete the extensive verification process, which might take few days to be done completely. Next, deposit fees are quite high if GBP bank transfers are not used when withdrawing /depositing fiat money.
The security is average while services are in line with the industry, without unique features that would distinguish the platform. CoinCorner’s wallet is like any other, easy to use but without any distinctive competitive advantage.

The registration process requires a lot of personal details from the beginning, even if you wish to download the wallet n your phone or on the desktop. The verification is a must, thus the storage and usage of the coins are not private, as it is the case with Jaxx and Exodus

CoinCorner supports only bitcoins at the moment, while other digital currencies are not available. The platform positions itself as bitcoin provider only, thus it can be fairly assumed that other coins will not be available in near future.



Pros
  • Extensive educational tools and guides
  • Fiat currencies also supported by the wallet (GBP and EUR)
Cons
  • Coincorner is limited regional coverage (only 30 countries available)
  • Long and extensive registration and verification of an account
  • Only bitcoins are supported by the wallet and exchange
  • Coincorner has bad reputation due to the large transaction and deposit/withdrawal fees

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