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CoinTiger Review

Rating: 2,7/5

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Page Summary

CoinTiger is a cryptocurrency exchange established in 2017. Users can buy and trade cryptocurrencies, invest in IEOs, and access DeFi services on the platform. All new traders must undergo a KYC process and set up 2FA before trading or buying cryptocurrencies on CoinTiger. 

About CoinTiger

CoinTiger is managed by Singapore Tai-E Cyber-Tech Pte. Ltd. based in Singapore. Frank Ling founded the company and runs it with a team of developers from Singapore, South Korea, and China. The exchange has over 2 million users across 100 countries. CoinTiger has its own native coin, TigerCash (TCH), which is a decentralized cryptocurrency on the Ethereum blockchain. 

CoinTiger Trading Platform

CoinTiger’s web-based trading platform has three interfaces: basic, advanced, and convert, which users can use to trade the cryptocurrency markets. The basic and advanced interfaces allow traders to place market and limit orders and provide them with charts, charting tools, analysis features, order book, and order history information. 

The basic CoinTiger trading platform offers a chat feature that traders can use to discuss trades with each other. The advanced trading platform allows API integrations. CoinTiger’s Convert interface offers its users a 1-click cryptocurrency converter. 

cointiger-platform

CoinTiger Futures Trading

Users can trade cryptocurrency futures contracts on CoinTiger. They can go either long or short and profit from the price difference of the asset’s value. CoinTiger offers leveraged trading up to 1:125.

CoinTiger Products and Services

CoinTiger offers staking services, IEOs, and exchange incubation. Users can choose to use their coins as collateral and earn fees from running the network. There are many pools with different annual yields. Developers can use The Rocket Service to hold IEOs. Examples of previous coins launched on CoinTiger are LeeeMall, DENGBA Planet, and SILK CHAIN. 

It is possible to set up your own cryptocurrency exchange through CoinTiger’s Cloud Service. CoinTiger provides support for consultation, counseling, funding, listing, and resource integration to partners. 

CoinTiger Spreads & Commissions

CoinTiger charges its users maker/taker fees from 0,08% to 0,15% on every order. CoinTiger doesn’t charge deposit fees but does charge withdrawal fees depending on the cryptocurrency you withdraw. There is a 3,5% fee on fiat withdrawals. 

CoinTiger Deposits and Withdrawals

Users can fund their CoinTiger account by bank transfer, WeChat Pay, AliPay, or by depositing cryptocurrencies. CoinTiger offers fiat-on-ramp services so users can buy their first crypto with fiat with them. There are no minimum deposit and withdrawal limits but the maximum for credit cards is $20,000. Deposits are credited instantly to your CoinTiger account. 

CoinTiger App

CoinTiger has an app available to download on both iOS and Android devices. The mobile trading platform has the same features as the web client. There is also a CoinTiger app for Windows and Mac desktops, which you can download as an APK file. 

cointiger-app

CoinTiger Promotions

CoinTiger has airdrop promotions on a regular basis, where users get new cryptocurrencies for free. 

CoinTiger Safety and Security

CoinTiger is a safe and secure cryptocurrency exchange but there have been reports of hacks in the past. Nowadays they use John Wick Security Lab to provide smart contract and wallet security. CoinTiger is unregulated and traders’ funds aren’t insured. All new traders have to undergo a KYC process and set up two-factor authentication for their accounts before they can trade.

CoinTiger Customer Support

Users can contact CoinTigers’ customer support service by submitting a request to the team or by using the forum on its website. There is no live chat feature but users can find answers to their questions within the Zendesk tutorial section on their website. 

Pros

  • Low fees
  • Wide range of available cryptos
  • Trading app for iOS, Android, Windows, and MAC
  • Leveraged trading
  • Crypto staking services

Cons

  • Unregulated exchange
  • Limited support
  • Limited charting analysis tools
  • High fiat withdrawal fees
  • No demo account available

UAE Investors

CoinTiger accepts traders and investors from the United Arab Emirates and it is legal for UAE traders to trade crypto on CoinTiger. 

CoinTiger Review – Our Verdict

CoinTiger is one of the biggest cryptocurrency exchanges with low fees that supports leveraged cryptocurrency trading. They also offer spot trading and staking services. The KYC and 2FA procedures help to improve account security, though the exchange itself is unregulated.

FAQ

How do I buy cryptocurrency on CoinTiger?

By signing up for an account, carrying out 2FA and KYC verification, and then purchasing USDT or BitCNY with a credit card or by bank wire transfer.

Is CoinTiger safe?

CoinTiger partnered with John Wick Security Lab to increase its security, but the platform has been hacked in the past.

How to contact CoinTiger support?

You can contact support by submitting a request to the team on the support section of CoinTiger.

Alternatives to CoinTiger

Alternative cryptocurrency exchanges to CoinTiger that allow leveraged cryptocurrency trading are Bybit, Binance, and Huobi.

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