Cryptocurrency exchange | |
---|---|
Official website | |
Social network | |
Date of foundation | 1970 |
Head Office | Majuro, Marshall Islands |
Types of support | |
Languages | English, Russian, Chinese, Korean, Vietnamese, Malay, Indonesian |
Founder | Margin Ltd. |
Company owner | Margin Ltd. |
Manager | No information specified |
Minimum deposit amount | Verified Cryptocurrency No limits Fiat Currency Unavailable Unverified Cryptocurrency No limits Fiat Currency Unavailable |
Maximum input amount | Verified Cryptocurrency No limits Fiat Currency Unavailable Unverified Cryptocurrency No limits Fiat Currency Unavailable |
Minimum withdrawal amount | Verified Cryptocurrency
Fiat Currency Unavailable Unverified Cryptocurrency
Fiat Currency Unavailable |
Maximum withdrawal amount | Verified Cryptocurrency
Fiat Currency Unavailable Unverified Cryptocurrency
Fiat Currency Unavailable |
Exchange Commission | Trade Commission: From 0.04 to 0.1 % for maker / From 0.08 to 0.1 % for taker |
Terminals | Author's platform |
Age restrictions | From 18 years |
Number of cryptocurrencies | 30 |
Number of trading instruments | 10+Trading bots and indicators can be connected to the interface of the exchange via API |
Margin trading | Yes |
Leverage | Until 1:100 |
Tokenized assets | MKS - the platform's own token |
Free demo account | No |
Types of accounts | Starter, Pro |
Order execution | Limit Order, Stop Limit Order, Market order |
Methods of replenishment | Cryptocurrencies |
Withdrawal methods | Cryptocurrencies |
Account Currencies | BTC, ETH, LTC, Dash, XLM, OMG, et al. |
Types of cryptocurrencies | BTC, ETH, LTC, DASH, XLM, OMG, et al. |
Mobile apps | No mobile apps available |
Trader training | Blog, useful articles |
A way to store cryptocurrencies | Cold: no Hot: yesAssets are stored in the Coinam platform's own wallet |
Fiat accounts | Fiat accounts in EUR, VND, IDR, THB, KHR, BND, MMK and LAK will be added soon |
Scalping | No |
Stop loss and take profit function | Yes |
Possibility to exchange for fiat currencies | No |
Marketing | The platform offers external marketing services |
Market Making and Liquidity | The platform offers market making and liquidity services |
IEO/Listing | The platform offers startup and acceleration of crypto startups |
Steaking | The company offers owners of cryptoprojects to open a pool of bets on the exchange |
Wallet | The company offers traders to keep money in their own wallet platform |
Social trading | Become a member and get access to Social Trading PRO platform |
IEO launchpad | A platform that allows for initial exchange offerings |
Basic verification | Checking your email address |
Advanced AML verification | Verification of identity documents and proof of residency (optional) |
Laws regulating activities | Law of the Russian Federation "On Digital Financial Assets" dated January 1, 2021 Law of the Russian Federation of 07.08.2001 No. 115-FZ "On Combating Legalization (Laundering) of Proceeds of Crime and Financing of Terrorism" |
API | More detailedTrading API documentation |
Affiliate Program | RegistrationUp to 50% from commissions paid by referrals |
Advantages | Low commissions, no withdrawal fees Opportunity to make money on steaking Opportunity to earn money in competitions Built-in cryptocurrency exchanger Support for popular cryptocurrencies Easy deposit and withdrawal |
Disadvantages | No online reviews |
Company requisites | Legal name: Margin Ltd. Legal address: Majuro, Marshall Islands |
Overall assessment | 7.3/10 |
Date of update | March 11, 2024 |
CoinMargin is this a scam? Review and Reviews
Contents
CoinMargin – centralized cryptocurrency exchange founded in 2020 and registered in the Marshall Islands. The platform offers cryptocurrency trading the program includes a profitable affiliate program, as well as rewards for activity.
In this review we will consider in detail the advantages and disadvantages of the cryptocurrency exchange, how to start trading and what bonuses await new and regular customers of the platform. We will also try to understand whether CoinMargin is a scam or a reliable young cryptocurrency exchange with transparent and profitable trading conditions.
Why CoinMargin?
CoinMargin – is a young centralized cryptocurrency exchange aimed at community involvement through a gaming interface. In addition to standard trading, the platform offers users to participate in contests and quests with valuable prizes and bonuses. Once you register on the crypto exchange website, you can immediately start trading. There is no mandatory identity verification on the platform. CoinMargin platform offers traders to trade popular cryptocurrencies ncluding BTC, ETH, LTC, DASH, XLM, OMG, BAT, LINK et al.
To motivate users, the platform uses rewards and bonuses, which are paid in MKS, the crypto exchange’s own currency. Token holders can participate in the development of the platform by voting for community projects and events. Moreover, MKS coin holders can earn from steaking. The market yield is the maximum risk-adjusted market yield.
Users’ assets are stored in their own cryptocurrency wallet Coinam exchange. The wallet supports 50+ cryptocurrencies and is highly secure. In addition, the platform offers services to legal entities, including external marketing, IEO launchpad, liquidity provision, stacking, and crypto startups and acceleration.
The platform offers a popular tool for novice and professional traders TradingView with a large set of indicators, oscillators, various settings and orders.
How to exchange cryptocurrency on the CoinMargin platform?
Cryptocurrency exchange on CoinMargin platform can be performed during trading. To exchange, you need to open an order and make a transaction. After that, the amount of purchased currency will be reflected in your internal balance. You can also exchange cryptocurrencies in the built-in exchange site platforms. To do this, go to the “Fast Trade” tab, specify the currency to be bought and sold, and the purchase amount. The exchange will be made at the latest market rate.
Verification on the coinmargin.com platform
To work on coinmargin.com you need to create an account. Registration does not take more than 5 minutes, after which you will need to confirm your email. To register, click the “Register” link in the upper right corner of the home page. In the form that opens, enter your email address and password. The password must be at least 8 capital letters and numbers.
After filling in the data, agree with the terms of the user agreement, and click “Register”. After that, an email with a confirmation code will be sent to the email address you specified during registration. This code must be copied and pasted into the appropriate field at the next step. After confirming the email address, you can start trading. Verification of identity on the platform is not required, but it is recommended to enable two-factor authentication to increase the security of the account.
Please note that without identity verification, you may have difficulty withdrawing funds. To avoid delays, you can go through KYC yourself and verify your identity, increasing the level of your account. For verification, you are required to fill out a form with personal data and attach a scan of your ID document and proof of residency.
Deposit and withdrawal
Fund your account at the exchange coinmargin.com You can deposit your account in one of 30 cryptocurrencies supported by the platform. To deposit to your account, select a currency and click “Deposit” button. If this is the first deposit in the selected currency, you need to generate a crypto address. Then insert this address into your crypto wallet and confirm the transaction.
To withdraw your earnings, you also need to choose the account currency and click “Withdraw”. Specify the amount to withdraw and the cryptocurrency address. Confirm the transaction. Before withdrawing money carefully check sending address. If you entered wrong address the money will be lost irrevocably. Minimal withdrawal amount is calculated with consideration of withdrawable currency, for instance: BTC – 0.01; ETH – 0.1; USDC – 100; LTC – 0.1; DASH – 0.1. The maximum amount for daily withdrawal in any cryptocurrency should not exceed the equivalent of 100 BTC.
Commission of coinmargin.com crypto exchange
One of the advantages of the CoinMargin cryptocurrency exchange is the fixed low commissions. The exchange has fixed commissions for makers and takers. The platform does not charge deposit or withdrawal fees.
- Maker Commission: 0.04-0.1%.
- Taker Commission: 0.08-0.1%.
Commissions are payable upon completion of a trade. In order to reduce trading commissions, you need to go through full identity verification and use your own platform token as payment for fees.
CoinMargin Bonuses
The CoinMargin platform offers users various bonuses. They can be obtained by participating in contests, referral program and steaking.
Prizes when you buy MKS
Buy MKS tokens and enter various growth contests. The prize fund of the promotion is 60,000 MKS. Contests can be entered daily.
Rewards for steaking
Keep MKS in your wallet and earn up to 25% p.a. Make your assets work for you.
Referral program
Crypto Exchange coinmargin.com offers registered users a multi-level referral program. Inviting friends to the exchange, you can earn 25% commissions from referrals 1st level, 15% from referrals 2nd level and 10% from referrals 3rd level.
Complaints about CoinMargin
Despite the fact that the project has existed for 2 years and offers traders favorable working conditions and multilevel referral program, as well as the possibility of passive income, we have not found reviews on the Internet about the platform. This may be due to the fact that the project is too young and has not become popular among Russian and European traders. If you have already managed to try trading on CoinMargin, write your review under this review.
If there are any complaints about CoinMargin, we will be sure to post on social media. Sign up so you don’t miss anything!
Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!
Regulation of CoinMargin crypto exchange
The presence of an official registration and regulator at a crypto-exchange is the basis for safe trading and guaranteeing the safety of funds. For this reason, before registering at any crypto exchange, check the legal information about the company.
Regulator
The CoinMargin platform is operated by Coin Margin Ltd. officially registered in the Marshall Islands. Documents coinmargin.com:
Coinmargin.com User Agreement
Only an adult, legally capable citizen of the country where there are no restrictions on cryptocurrency trading can become a user of the coinmargin.com platform. If the service administration detects an unauthorized registration, it reserves the right to block the account and initiate legal proceedings against the user.
By registering on the platform, you acknowledge and accept that the administration of the service is not responsible for any losses, shortfalls in income or losses arising from the use of the service. Also, the administration is not responsible for any failures and delays in service resulting from third-party factors.
Customer Service
The coinmargin.com support team is available 24/7. You can contact the support team via channels:
- Email: [email protected].
- Chat on the site.
- Tickets.
- Twitter.
- Facebook.
- Telegram.
- Instagram.
You can also find the necessary information on the FAQ page, in the service blog and on the thematic pages.
Is CoinMargin a scam?
CoinMargin – a young centralized cryptocurrency exchange offering exchange, trading, staking, bonuses and a multilevel affiliate program. Having analyzed the platform’s operation and the service’s documentation, we cannot call CoinMargin a scam. A little bit alarming is the lack of reviews about the platform on the Internet, but it may be due to the young age of the project. If the project will interest Russian and European traders, it may well become a popular cryptocurrency exchange with different ways to earn money.
Conclusion
CoinMargin – an interesting project positioning itself as a new-generation cryptocurrency exchange with a number of additional services. The platform offers standard and social trading with low commissions and no deposit and withdrawal fees. By registering on the site, you can earn not only by trading cryptocurrencies, but also by participating in contests and quests, as well as in the referral program.
Reviews
- New0
- Resolved0
- Not resolved0
CoinMargin reviews