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Lokoja
1 Level
281 Review
853.5 Karma

Review on CoinBene by Praise Olagbadun

Revainrating 4 out of 5

The Coinbene Fees Are Very Attractive

The exchange platform that would offer a trader all what He or She needs at a cheap fee is exactly what traders are in search if, new traders especially. I particularly, love exchanges that accepts and trade a wide variety of cryptocurrencies and fiats if possible (I don't find this really necessary). Records kept and reviews from users are mainly what determines the fact of using the exchange platform or not, making me search carefully for the exchange that best suits me. On the quest for searching out an exchange platform, I got in contact with the Coinbene exchange platform. Tue exchange platform got me interested especially with the fees they charge traders, allow me start with the fees they charge. The trading fee is what I look out for first due to the fact that I actively trade, this has made me so conscious of the amount or percentage a company charge traders. As for the Coinbene exchange platform, they charge both traders a highly competitive fee of 0.1%, competitive it is actually as the industry's average is 0.25%. Aside this, there is still a possibility of enjoying a discount on the exchange platform by having their native token, CONI. This token offers traders a discount of 70% and every holder of this token enjoy a 40% sharing of the income gained by the company. The company tends to charge moderately in all areas like their withdrawal fee which I consider quite affordable. I think this alone would make the exchange platform attractive. The exchange platform seems to understand the language differences in people mainly due to the fact that they serve millions of traders in different countries. Presently, they have their interface in languages like the Vietnamese, Portuguese, Spanish and Korean. Amongst all the services offered by this exchange platform, I significantly love how moderately they charge their fees but some traders claims to still have a problem with their transparency as they don't disclose the people behind their company. I don't see this as a problem that much but I'm sure it is to some people



Pros
  • Their security systems looks moderate to me
  • I really developed interest in the fees they charged, completely moderate and even cheap if considered well
  • They have their interface in other languages aside English language to settle the problem of language differences
  • They have their token which gives discount to traders on trading fee
  • Their support tea is very active, I really enjoyed their service when I tried it out
  • The number of cryptocurrencies they accept is very nice
Cons
  • The exchange platform doesn't accept fiats deposits and trading
  • They don't disclose the identity of their founders

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