In this Coinmetro review, we delve into everything one needs in order to understand what is in the context of one of the significant cryptocurrency exchanges. If you are wondering, “Is Coinmetro safe?” or “How safe is Coinmetro with my assets?”, then you are in the right place. Coinmetro impressive combination of strong security measures, improved trading tools and a large number of supported cryptocurrencies is serving to be the centre of choice for both novice and professional traders.
We’ll evaluate Coinmetro functionality, its fees, security measures and customer relations so that you may assess whether it is one of the most useful exchanges in the cutthroat world of bitcoin trading.
Introduction
CoinMetro is a cryptocurrency exchange that was founded in 2018 in Estonia and now operates around the globe. CoinMetro specializes in cybersecurity and aims to protect its customers by cooperating with regulators in different jurisdictions.
The platform allows trading in various cryptocurrencies and provides services such as staking and generating passive income. CoinMetro prides itself on its dedication to client transparency, ensuring safety and ease of trade for all levels of traders, novice or veteran.
Coinmetro is a digital currency service that caters to participants in the trade and investment market based in the European Union. Not only do they provide users with a centralized exchange that uses traditional, margin, and copy trading styles, they also provide users with innovative ways of investing in crypto and earning interest on crypto staking.
Know Quick Details About Coinmetro
| Feature | Details |
|---|---|
| Founded | 2018 |
| Headquarters | Estonia |
| Available Countries | Available in most countries (restrictions in some regions) |
| Trading Pairs | Wide range of cryptocurrencies and fiat pairs |
| Trading Fees | Makers pay 0% fees, Takers pay 0.10% |
| Deposit Methods | Bank transfer, debit/credit card, crypto deposits |
| Withdrawal Fees | 0.15% for withdrawals (percentage-based) |
| Security Features | 2FA, cold storage, anti-phishing, GDPR compliance |
| Mobile App | Available for iOS and Android |
| Customer Support | 24/7 support via live chat, email, and help center |
| Supported Assets | Bitcoin, Ethereum, Tether, Cardano, Solana, and many others |
| Staking | Offers staking for multiple cryptocurrencies |
| Platform Type | Centralized Exchange |
Some Popular Token Available On This Exchange
Here is some popular token which is available on this exchange more found here
| Cryptocurrency | Symbol |
|---|---|
| Bitcoin | BTC |
| Ethereum | ETH |
| Tether USDt | USDT |
| Ripple | XRP |
| Solana | SOL |
| DOGEcoin | DOGE |
| USD Coin | USDC |
| Cardano | ADA |
| Avalanche | AVAX |
| Chainlink |
Coinmetro Fees
Coinmetro Trading Fees
Every trader understands the importance of trading fees in the ever-evolving world of cryptocurrency. In this case crypto exchange Coinmetro charges the user a percentage of the total trade value made on the platform. Additionally, the platform has also categorized its traders as either takers or makers. A taker is someone that brings a matching a pre set open order to the market.
In the case of Coinmetro, the traders who take charge a small amount of 0.10%, which is lower than that charged by other exchanges. In addition, makers who seek to improve the market depth by placing new orders do receive a nice incentive, which is 0.00 trading fees. For cost effective traders this type of fee model gives them yet another advantage when choosing the cryptocurrency exchange Coinmetro.
Coinmetro Withdrawal Fees
Similar to other exchanges, Coinmetro sets a withdrawal fee which is calculated as a percentage of the total amount that has been withdrawn. In this case a 0.15% fee is imposed on every amount that has been withdrawn.
Though this is not the conventional way to operate a fee package as many have a fixed fee approach when moving funds out of an exchange, it does however, favors those that want to complete smaller withdrawals. E.g. the fee to withdraw 0.01 BTC would be only 0.000015 BTC, which is extremely low.
If the amount being withdrawn is 10BTC, then, the fee charged will be 0.015BTC, which might be considered high. So, it is better to know if this allocation will be in sync with your current trading and money arrangement.
Deposit Methods
A broad variety of deposit methods are available, thereby making coinmetro usable and accessible to users across the globe. To fund your account, you can use wire transfer, debit cards, SEPA, UK faster payments, instant ACH or even deposit cryptocurrencies directly. There are no constraints to making crypto deposits, thus, coinmetro is an attractive exchange platform for first-time investors within the cryptocurrency market.
Deposit EUR
With respect to euros, you can deposit or withdraw euros using SEPA Instant Payments for a fee of 1euro per transaction, irrespective of the amount transferred. The amounts levied for SWIFT payments is an alternative tend to vary. Another way of depositing euros at this exchange is the use of euro credit card whidh charges a fee of
Deposit USD
They support ACH payments or same day domestic wire transfers through their US bank partners, Also you can use an American credit card whose deposits are instantly converted to EURO or GBP minus 4.99% fee.
Deposit GBP
If you are based in the UK, there is a convenient payment method – UK Faster Payments which allows quick transfers of up to £1 per transaction. You can also use GBP credit cards at a cost of 4.99%.
Crypto Deposits
Please note that Coinmetro upholds a diverse range of cryptocurrencies including BAT, BTC, BCH, LINK, XCM, ENJ, ETH, KDA, LTC, XLM, OCEAN, OMG, PRQ, PRQB, QNT, XRP, XTZ, FLUX, HTR and USDC.
Coins Accepted by Coinmetro
These are the coins accepted by CoinMetro: Basic Attention Token, Bitcoin, Bitcoin Cash, CoinMetro Token, ChainLink Coin, EncrypGen Token, Enjin Coin, Ethereum, Flux Coin, Hathor Coin, Kadena Token, Litecoin, Ocean Protocol Token, OmiseGo Coin, Parsiq Token, Ripple, Stellar, Tezos, Quant Token, and USD Coin.
How to Start Trading on Coinmetro?
The steps mentioned below need to be followed if you are looking to commence trading on CoinMetro.
Creating an Account: The first step is to visit the CoinMetro website or downloading the mobile application. Prefill the registration form with necessary details to set up your account. Alternatively, make use off Single Sign-on which Google and Facebook provides.
Account Verification: In order to create an account CoinMetro will send an email which requires you to verify your account. Once you sign up that specific email will contain instructions for you to follow in order to verify your email address.
Verifying yourself supremacy: For you to make use of all the features on the platform you will have to make yourself liable for the KYC process. This is fairly straight forward as all it requires from you is self clicking a picture along with an identification document.
Funds transfer: After getting verified now you are eligible to transfer the funds into your CoinMetro account through several payment methods.
Commencing Trading: The final step is to begin the trading process, you now have access to several different cryptocurrencies available on the platform. If you still want to practice risklessly then they do have a demo platform available where you can simulate trading using virtual dollars.
Coinmetro Trading Volume
Each potential crypto trader considers volume metrics extensively because it can dictate the choice of platform and tools available. If the platform has low trading volume, you will most probably have difficulty selling or buying crypto at a reasonable price since the order book would be thin.
This is extremely low trading volume, and something that new traders will need to bear in mind. Coinmetro has a lot of potential, but for their sake, we hope that their trading volume increases.
US-investors
Based on the information we have received straight from the exchange, US-investors are indeed allowed to trade here. They can deposit and withdraw USD and trade in 14 pairs of USD.
Coinmetro Services and Features
CoinMetro has everything to take care of both newbies in the world of trading and seasoned traders too. Below are some of the services which the company provides:
Crypto Trading
Make purchasing and trading in currencies such as Ethereum and Bitcoin as well as other popular assets. You can use different methods for payment including bank transfer, Google Pay, and Apple Pay.
Staking
The selling the crypto coins you own gives you a passive source of income. At CoinMetro, the firm offers staking solutions in a great many packages and they enable you to earn 24×7.
Margin Trading
Make a series of leveraged transactions – up to 5:1 ratios, this means going beyond actual funds held and trading at will.
Swap Widget
Start with this crypto currency trading tool which enables fast swap of cryptocoins or fiat to crypto. The widget allows for fixed rates for a period of 30 seconds which is excellent for a beginner when looking to execute a trade.
Exchange Platform
For those who wish to be more market-focused and want to engage with the platform in a deeper manner, there is a combination of features like books for orders, limit orders, stop orders and trading indicators embedded in the platform.
Loyalty Program
Make endless trades and get rewarded with points that in turn will offer discounts on fee, free swaps and so on thanks to the Levels loyalty program.
Community Interaction
Interact with the CoinMetro community and speak with the Chief Executive Officer of the Company on a biweekly basis.
Does CoinMetro Have a Native Token?
CoinMetro’s native asset is the XCM. It is an asset that can be saved to the user’s registration account on CoinMetro and also withdrawn to an ERC-20 wallet. The aim of this token is to give benefits and serve value to users of CoinMetro.
All the current and future products on the platform are interconnected with the XCM token. The most critical aspect of this token is that it has an intrinsic connection with the exchange platform, and it automatically increases demand for XCM.
Coinmetro Affiliate Program
Invest with your friends and earn rewards for life
Industry’s best referral program makes it easy for you to invite friends and earn lifelong rewards.
Invite your friends
Invite as many people as you want to join Coinmetro. Both you and your referrals earn $10 with each new sign up.
Earn up to 40%
You earn 40% of all net Spot exchange & Margin Trading fees each referral pays on the platform.
Get additional 10%
You also get 10% of the net exchange fees portion for each of your referral’s referrals.
Mobile Support
Trading analysts, for example, tend to favor PCs because it is easier to fit a lot of the information they prioritize onto a bigger screen. It will also be greater to display the trading graph.
But is all of that really necessary? Everyone has an opinion, and I am sure mobile traders will be pleased to know that the Coinmetro trading platform now has an application for iOS and Android devices.
Here’s a table showing the supported countries and banned countries for Coinmetro:
| Country | Status |
|---|---|
| United States | ❌ |
| United Kingdom | ✔️ |
| Australia | ✔️ |
| Canada | ✔️ |
| China | ❌ |
| Germany | ✔️ |
| India | ✔️ |
| Russia | ❌ |
| Japan | ✔️ |
| South Korea | ✔️ |
| North Korea | ❌ |
| Iran | ❌ |
| Brazil | ✔️ |
| France | ✔️ |
| Saudi Arabia | ✔️ |
| South Africa | ✔️ |
Coinmetro PROS & CONS
| Pros | Cons |
|---|---|
| ✔️ Easy-to-use interface, suitable for beginners | ❌ Limited availability in some countries |
| ✔️ Low trading fees, with makers paying no fees | ❌ Limited range of cryptocurrencies compared to larger exchanges |
| ✔️ Wide range of deposit options (fiat & crypto) | ❌ No margin or futures trading options |
| ✔️ Strong customer support and educational resources | ❌ Fiat withdrawal fees can be higher in certain regions |
| ✔️ Supports staking and other earning opportunities | ❌ Some advanced trading features are limited |
Is Coinmetro Secure?
Indeed, Coinmetro is usually regarded as a secure platform for cryptocurrency trading. Here are a few important security characteristics that Coinmetro is known for:
2FA (Two-Factor Authentication)
Another security feature employed by Coinmetro is 2FA, where users have to provide a verification code along with the password to log in.
Cold Storage
Most user assets are kept in cold storage systems, which aren’t connected to the internet, which minimizes hacking incidents.
Security Audits The Company Conducts
Security audits are done on the platform to check for weaknesses on the system.
Anti–Phishing Tools
Coinmetro has tools to combat phishing attacks whereby whitelists and secured channels of communication with the support staff are available.
Coinmetro Customer Support
Coinmetro offers an outstanding support service that explains the essentials of trading and even the platform in general. They seem to be doing a fantastic job.
The trending services of help is quite productive, and each article includes plenty of helpful pictures and charts what allows to overview all the information rather easily…
Coinmetro also seems to have a pop-up chat at the bottom right corner of the page that allows you to search the help center or contact the support directly who says will answer your queries within five minutes to go hand in hand with their help center.
Conclusion
To sum it all up, Coinmetro can easily be classified as a trustworthy and we’ll designed crypto exchange, regardless of one’s level of expertise within the field, it has got a variety of options that can be suited for all. Competitive fees alongside multiple deposit options and a robust security system makes it stand apart from the crowd, making it a great platform to trade, stake and earn.
The crypto exchange does not provide options like margin and futures trading and is not widely available in all countries, however, its solid security and the services tailored for customers make it a viable option for those who want to start in this market.
