CoinCorner | Business24-7

Braden Chase

Updated: 7 March 2023

Published: 3 March 2023

Page Summary

CoinCorner is a top European crypto exchange with headquarters in the Isle of Man. It offers access to Bitcoin, Ethereum, Litecoin, and Ripple. CoinCorner has a low fixed fee of 1% on all transactions. It is a top choice for traders searching for an all-in-one service for investing in digital assets.

Review Summary

CoinCorner is a reliable European cryptocurrency exchange to buy Bitcoin with EUR funds.
It offers Instant Buy features from a trustworthy crypto-to-fiat broker.
It offers an all-in-one service for storing crypto, buying/selling, and sending/receiving digital assets.
It provides access to an excellent wallet app, the Coincorner Wallet.
It offers many funding options, including a bank transfer to an overseas EUR account or GBP account.

CoinCorner Overview

CoinCorner was the first exchange where traders could buy Bitcoin with a credit card. It began in 2014 in the Isle of Man and has a good record. This European Bitcoin Exchange has 150,000 users because of its user-friendly platform. CoinCorner offers access to a Concierge service. This service is a good fit for investors who want to buy/sell more than USD 100,000 of Bitcoin.

Trading Experience

The CoinCorner Exchange has a straightforward interface for its platforms. All navigation is easy to perform from the menu. CoinCorner lets users create a diversified crypto-fiat portfolio. The CoinCorner mobile app shows the portfolio in a donut chart. This portfolio tool is simple to read and offers a clear view of your assets.

Cryptocurrencies Available 

CoinCorner has a limited crypto portfolio. It offers access to the four leading coins by market capitalization:

Bitcoin
Ethereum
Ripple
Litecoin

Fees 

CoinCorner has a clear fee structure. The standard fee for buying/selling digital assets is 1%. This exchange lets traders deposit/withdraw funds in fiat currencies and Bitcoin. Bitcoin deposits are free-of-charge and users receive competitive fees to pay money for digital assets.

Regulation & Reputation 

CoinCorner is a trustworthy European crypto exchange. It has a top-tier license from the Isle of Man Financial Services Authority (IMFSA.) CoinCorner follows the Know Your Customer (KYC) and Anti-Money Laundering rules. It uses the guidelines of the money transmission rules. CoinCorner has a designated business status that makes it trustworthy. This centralized exchange offers full safety measures:

Two-factor authentication with Google Authenticator
Secure HTTPS network
Multi-signature cold storage for 90% of assets

Account Opening 

CoinCorner has a straightforward account opening process. Users have to follow the following steps:

Register a new account on CoinCorner’s main website
Verify your email address
Proceed to ID verification, as it is mandatory
Fund your account with a major bank account or digital coins
Start buying cryptocurrency

Customer Support 

Customer support at CoinCorner exchange is excellent. It offers live chat, email support, and a valuable help center. The response times are average, and agents are available five days a week. Coincorner support is better than with competitor exchanges.

Summary 

CoinCorner is a top European exchange for investing in digital assets. It offers secure platforms and a beginner-friendly interface. It is an excellent choice for those searching for an all-in-one service to store Bitcoin. This exchange has many funding solutions, including access to a bank transfer to a bank account in EUR.

FAQ

What Is A Centralized Crypto Exchange?

A centralized crypto exchange is a private provider with access to platforms to invest in digital coins. These exchanges request registration, known as the Know Your Customer (KYC) rule.

What Is A Decentralized Crypto Exchange?

A decentralized crypto exchange doesn’t follow the rules of any regulatory body. It doesn’t come with a central point of control, and it acts as a server. It has each computer within the server spread out in different countries. If one computer stops working, it doesn’t affect the network’s activity. If you want to use a decentralized exchange, you should understand the risks. Read our in-depth reviews to learn more about exchanges and safety risks.

Does CoinCorner Offer An Affiliate Program?

Yes. CoinCorner offers access to an affiliate program. Users receive USD 10 or the crypto equivalent every time a friend joins CoinCorner. The affiliate link is available in your CoinCorner account.

Does CoinCorner Have A Wallet?

CoinCorner offers an iOS and Android app with an integrated wallet. This app provides rapid access to your portfolio. It is an excellent way to check your portfolio and send Bitcoin to friends.

Disclaimer