CoinW

Launched in
2017
Headquartered in
United Arab Emirates
Users
7 million
Trust Score
9/10  (world's #14 CEX)
Proof of Reserves
Published
Identity verification
Not mandatory
24H Trading Volume
19,329
Altcoins listed
400+

CoinW is a medium-sized crypto trading platform that has most basic and advanced features you will need. Some of its biggest selling points are NO-KYC and crypto ATM cards, so give it a visit if you need any of those features.

With a few poor interface translations and lack of educational resources CoinW is not always a great beginner-friendly exchange. However, Spot and Futures trading are clean and easy to use, all with reasonably cheap trading fees.

Our exclusive invitation code or signup link gives you a permanent 20% Spot and 10% Futures trading fee discount, making CoinW a fairly cheap exchange for day trading.

CoinW Features Overview:

  • Deposits: Cryptocurrency Bank cardsBank transfers
  • Beginner trading: Spot tradingMobile appCopytradingRecurring buys
  • Advanced trading: MarginFutures & leverageOptionsTraditional marketsTrading bots
  • Financial services: Fiat withdrawalsDebit ATM cardsCrypto loansP2P tradingStaking & Earn
  • Other features: Optional KYCLow trading fees

CoinW Fees:

 Fiat Deposit & Withdraw
 Crypto Trading
 Bonuses & Fee Discounts

You can deposit fiat (local currency) to CoinW with these integrated 3rd party payment providers.

Integrated fiat gateways:

Payment MethodDeposit FeeWithdrawal Fee
Visa/Mastercard Visa/Mastercard1.99% Not available
SEPA Transfers (EU/EUR) SEPA Transfers (EU/EUR)0%0% (5% spread)
Other Bank Transfers Other Bank Transfers0% - 1.50%0% (5% spread)
Google Pay Google Pay1.99% Not available
Apple Pay Apple Pay1.99% Not available

More about Banxa

Payment MethodDeposit FeeWithdrawal Fee
Visa/Mastercard Visa/Mastercard3.95%3.95% (min. €4)
SEPA Transfers (EU/EUR) SEPA Transfers (EU/EUR)3.95% Not available
Other Bank Transfers Other Bank Transfers3.95% Not available
Google Pay Google Pay3.95% Not available
Apple Pay Apple Pay3.95% Not available
Revolut Pay Revolut Pay3.95% Not available

Mercuryo may charge an additional 1% currency spread. This price spread is typically included with fees in the table above.

More about Mercuryo

Payment MethodDeposit FeeWithdrawal Fee
Visa/Mastercard Visa/Mastercard4.0% Not available
SWIFT Transfers (International) SWIFT Transfers (International)4.0%5.5%
Google Pay Google Pay4.0% Not available
Apple Pay Apple Pay4.0% Not available
Skrill Skrill4.0% Not available
Neteller Neteller4.0% Not available

Alchemy Pay may charge an additional 1% currency spread. This price spread is typically included with fees in the table above.

More about Alchemy Pay

 CoinW also has ATM cards in select regions for easy cashing out and spending cryptocurrency.

Crypto to crypto trading fees (default):

Market  Minimum fee (Maker)  Maximum fee (Taker) 
Spot0.2%0.2%
Futures0.04%0.06%
Low fees
Average fees
High fees
 Compare fees on all exchanges

 Additional referral fee discount: 20% (Signup via this link) - not calculated in table above!

  • Spot: 0.2% maker and taker.
  • Futures: 0.04% maker and 0.06% taker.
  • Additional 20% spot trading fee discount if you use our link to sign up.
  • Additional 10% futures trading fee discount if you use our link to sign up.

Zero downsides, only benefits. Simply use this link or the following code during signup on CoinW:

2649845

Signing up with this code gives you additional 20% trading fee discount on spot and 10% on futures markets.

Signup bonuses amount: $200.00

  • Referral, signup, or invitation code must be used during signup/registration process. These codes are also automatically added to exchange signup links on our site.
  • There are never any downsides to using referral codes. Benefits can include fee discounts, deposit bonuses, cash rewards, access to exclusive events or trading competitions, or other advantages.
  • The referral codes allow exchanges to properly attribute users and distribute rewards, bonuses, or fee discounts based on disclosed affiliate relationships. No personal data is ever shared with us.

CoinW Available & Restricted Countries:

 Available Countries
 Restrictions

CoinW is available in 232 countries and territories.

CoinW is not available in 2 countries:

Japan, United States.

CoinW only restricts users from U.S. and Japan. CoinW does not enforce mandatory KYC, and users without identity verification can withdraw up to 2 BTC per day.
You can apply for CoinW Visa prepaid card worldwide, except sanctioned regions including Iran, Iraq, North Korea, China, Venezuela, Congo, Crimea. The prepaid bank card requires the completion of KYC.

CoinW does not enforce KYC (know-your-customer) policies on accounts, so trading with VPNs in unsupported countries may be possible. We always recommend using CEXs legally available in your jurisdiction.

See our list of countries to find exchanges available in your territory, or view all exchanges without KYC policy enforcement.

Pros

  • Optional KYC (2 BTC daily withdrawal limit without identity verification).
  • Around 30 assets available for staking, with average yields.
  • Prepaid Visa available for almost all countries.
  • 200X leverage on futures.
  • $200 welcome bonus.
  • Some of the lowest futures trading fees for taker.

Cons

  • Interface usability isn’t great, and has some poor English translations.
  • Higher than average spot maker trading fees.
  • Only ~50 major altcoins available on derivatives trading.

About CoinW:

CoinW, founded in 2017, has emerged as a leading cryptocurrency trading platform with a global footprint. Committed to security, transparency, and user-centric principles, CoinW sets itself apart in the competitive crypto exchange market. With a diverse array of supported cryptocurrencies and deep liquidity, CoinW boasts a vast and dedicated user base, solidifying its position as one of the most secure exchanges worldwide.

The founders of CoinW, a fusion of crypto, cybersecurity, and finance experts, established the platform with a vision of empowering blockchain technology and financial transformation. Since its inception, CoinW has prioritized innovation and product optimization, leading the way in the crypto asset industry and embracing global financial inclusiveness.

Operating from its base in Dubai, UAE, CoinW has expanded its presence to 16 Localized Trading Service Centers across 13 countries. With a workforce comprising over 1,000 professionals representing 30 nations, The exchange epitomizes a global and professional entity committed to serving users in over 200 regions and countries.

CoinW’s mission revolves around realizing global financial freedom and inclusiveness, positioning itself as a world launchpad for high-quality projects. The platform offers a comprehensive suite of services, including spot trading, futures trading with leverage ratios of up to 200x, and ETF trading with leverage ratios of up to 6x.

Security is paramount at CoinW, with the platform boasting top-notch security measures, including distributed system architecture, hot and cold wallets with multi-signature technology, and a track record of zero security issues over five years of operation.

With support for over 350 crypto tokens and even more trading pairs, CoinW provides users with access to a diverse range of investment opportunities. The platform’s intuitive interface, efficient customer service support, and commitment to regulatory compliance make it a preferred choice for crypto enthusiasts and traders worldwide.

CoinW stands as a beacon of security, reliability, and innovation in the dynamic realm of cryptocurrency trading. With its unwavering commitment to user satisfaction and advancement of the crypto industry, CoinW continues to pave the way for global financial inclusiveness and blockchain technology adoption.

Features Score: 57 / 100
3.0
Total Rating: Average

Review Score Breakdowns:

User Friendly
 

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

No KYC

Demo trading

Crypto ATM cards

Recurring & scheduled buy

Decentralized wallet

Features
 

Spot trading

Futures trading

Margin trading

Options trading

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees
 

Trading fees:

  • Spot Maker Fee: 0.2%
  • Spot Taker Fee: 0.2%
  • Futures Maker Fee: 0.04%
  • Futures Taker Fee: 0.06%

Additional 20% fee discount when using our referral signup link.

Additional $200 signup bonus when using our referral signup link.


Fiat deposit fees:

View all deposit & withdraw fees 

Safety
 

 Exchange launched in 2017

 Number of users: 7 million

Proof of Reserves

Volume & Altcoins
 

 Number of altcoin pairs: 400

 Last 24h trade volume (in BTC): 19,329

Features Score: 57 / 100
3.0
Total Rating: Average
Toggle feature descriptions
Beginner friendly buying
Beginner features such as fiat deposits and withdrawals, quick convert, recurring buys, demo trading.
Ease of buying and trading
How easy was it to deposit, convert fiat to crypto, and execute trades on spot market.
Interface and user experience
Usability, design and intuitivness of the interface and light and dark color schemes.
Advanced trading options
Derivatives, options, stocks, margin, trading bots and other advanced trading features.
Staking and savings
Number of available staking assets and overall yields.
Airdrops & Launchpools
Frequency, value and ease of joining various airdrops and launchpool events.
Extra financial services
Crypto debit cards, fiat withdrawals, loans, P2P marketplace.
Trading fees
Competitiveness of trading fees compared to other exchanges, including discounted rates with our referral bonuses.
Volume and liquidity
Overall volume, liquidity and spreads on spot and derivatives markets.
Altcoins selection
Number and selection of listed altcoin trading pairs.
Regulatory compliance
Regulatory approvals, licenses, certificates and compliance with various agencies and institutions.
Reputation and reliability
Overall reputation of the exchange, user feedback and reviews, social media sentiment, trust and transparency.
Asset safety and trust
Use of cold wallet storage and multi-signature, user protection funds, proof of reserves, security audits, and other safety and insurance measures.
Account security
Availability of various account security features such as 2FA, anti-phishing codes, hardware keys, withdrawal or trading passwords.
Other products & services
NFT marketplaces, copytrading, subaccounts, gift cards, trading competitions and other features.
Mobile App
Usability, update freqency, platforms, design and ease of trading via the mobile app.
Decentralized Wallet
Decentralized self-custody wallet usability, operating systems, number of assets and blockchain networks supported, DeFi options and more.
Education and learning
Learning and news resources on the website, including instructional videos, articles, knowledge bases, FAQs and help center.
Customer support
Availability and responsiveness of customer support through different channels such as email, live chat, social media, and others.
Referral and signup bonuses
Benefits obtained through the use of our referral codes, including discounted fees, cash bonuses and other rewards.