Introduction
CoinUT.com is an online trading platform that offers a unique and convenient way to trade a variety of cryptocurrencies. The company is headquartered in Singapore and is registered with the Monetary Authority of Singapore (MAS). The platform is designed to be user-friendly and offers a variety of features that make it an attractive option for both new and experienced traders. In this review, we will take a look at the pros and cons of CoinUT.com as well as the ratings given by traders.
What is CoinUT.com?
CoinUT.com is a cryptocurrency derivatives exchange that offers trading in Bitcoin and Ethereum futures contracts. The exchange is owned and operated by Coinsilium Group Limited, a London-based blockchain startup accelerator. CoinUT’s trading platform is built on the technology of BitMEX, a Bitcoin Mercantile Exchange.
CoinUT offers two types of accounts: margin accounts and cash accounts. Margin account holders can trade with leverage of up to 10x on the BTC/USD and ETH/USD pairs. Cash account holders can trade with leverage of up to 3x on the BTC/USD pair.
CoinUT charges a 0.50% taker fee and a 0.25% maker fee for all trades. There is also a 0.05% settlement fee for all futures contracts traded on the exchange.
How Does CoinUT.com Work?
CoinUT is a cryptocurrency exchange that launched in 2018. The exchange is based in Singapore and is available to traders in over 100 countries. The exchange offers trading in major cryptocurrencies, as well as a range of altcoins.
The CoinUT exchange is designed to be user-friendly and intuitive. The website has a clean and modern design, and the trading interface is easy to use. Trading on CoinUT is commission-free, and the exchange charges no deposit or withdrawal fees.
CoinUT allows users to fund their account with fiat currency or cryptocurrency. When using fiat currency, users can make deposits via bank transfer or credit/debit card. For cryptocurrency deposits, CoinUT supports a range of popular coins, including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
Once funded, users can start trading on the CoinUT platform. The exchange offers a variety of order types, such as limit orders and market orders.CoinUT also has a mobile app which allows users to trade on the go.
Overall, CoinUT is a good option for those looking for an easy-to-use crypto exchange. The commission-free trading is also a big plus, as it allows users to save on fees.
Pros and Cons of Using CoinUT.com
CoinUT.com is a cryptocurrency trading platform that offers a wide range of features and benefits for its users. However, like any other trading platform, it also has its own set of pros and cons. In this CoinUT.com review, we will take a look at both the positive and negative aspects of the platform so that you can decide for yourself if it is the right choice for you.
PROS:
– Wide range of cryptocurrencies available for trading
– Competitive fees
– User-friendly interface
– Advanced features for experienced traders
CONS:
– Relatively new platform with limited history
– Some reports of customer service issues
CoinUT.com Trader Ratings
CoinUT.com is a bitcoin and cryptocurrency exchange that allows its users to trade cryptocurrencies. The website has been operational since 2014 and is based in Singapore. CoinUT.com is one of the most popular exchanges in Asia and has a growing user base in Europe and North America. The exchange offers a variety of features such as margin trading, stop-limit orders, and advanced charting tools. CoinUT.com also offers a mobile app for trading on the go.
CoinUT.com has a very user-friendly interface that is suitable for both beginners and experienced traders. The website is available in English, Chinese, Japanese, and Korean. Customer support is available 24/7 through live chat and email.
CoinUT.com has high liquidity and allows users to trade with leverage of up to 1:100. The exchange charges a maker fee of 0.1% and a taker fee of 0.2%. Deposit and withdrawal fees depend on the cryptocurrency being traded but are generally low.
CoinUT.com is a trusted exchange with a good reputation among users. The majority of reviews online are positive and users report being satisfied with the service offered by the exchange.
Conclusion
All in all, CoinUT is a decent cryptocurrency exchange with some good features. However, it also has a few areas that could use improvement, such as customer support and the user interface. Overall, though, it’s a good option for those looking to trade cryptocurrencies.