Coinut Exchange Review 2024: Features, Fees, and Security Overview

I would talk about Coinut Exchange, a cryptocurrency trading platform that is reputed for its simple interface, low fees, and strong security.

Coinut was founded in 2014, and it offers spot trading, derivatives, and even currency transactions, making it ideal for novice and seasoned traders alike.

Come along with me as I look up its features, advantages, and what makes it different.

What is Coinut?

COINUT (Coins U Trust) is a secure cryptocurrency exchange platform for trading cryptocurrencies.

They make it easier, faster, cheaper & more secure for anyone to trade cryptocurrencies globally. 

Founded in 2013 by one of the core developers of Litecoin, we are one of the earliest cryptocurrency exchanges in Singapore.

They are headquartered in Singapore, with a subsidiary in Canada. They are backed by Boost VC from Silicon Valley, Bitmain from Beijing, and the National University of Singapore Enterprise from Singapore. 

It is extremely easy to start trading because they allow direct deposits of SGD through FAST transfers.

They also accept debit/credit cards. The lowest fees and fast processing speed encourage continuous trading. 

They are regulated as a Money Services Business in Canada under FINTRAC. They aim to be regulated globally and are applying for licenses with the Monetary Authority of Singapore and the Ontario Securities Commission.

Coinut Exchange Overview

How to Sign Up on Coinut Exchange?

In order to register at the Coinut Exchange, here are some steps to follow:

Start with the site: Next, open the official Coinut page by clicking the following link: coinut.com.

Go ahead and click the Signup option: There, you will have to find the option sign up near the tip of the page (in most cases), which is at the right-hand part, and click on it.

Provide Details about yourself

• Email: Fill in the email bar with a working email address.
• Password: Set a password that is of considerable strength (try to follow its policy).
• Referral Code (optional): If applicable, provide it here or leave it blank.

Accept the Provided Terms: In order to comply with Coinut usage, please read and approve its Terms Of Service and Privacy Security Policy.

Fill Out the CAPTCHA: This measure is taken so that no automated computer program can submit the form.

Press the Sign Up Option: After agreeing to the terms and conditions and filling in your details, you are to click the Signup icon to move forward.

Follow The Email Verification Process: A verification message will be sent to you through the registered email account when you sign up for Coinut. Open the email and click on the verifiable link.

Turn On 2FA: This option is not required, but it is wise to turn on Two-Factor Authentication for security measures after logging into your account.

Go Through KYC: This stage is sometimes needed to access more appealing limits. You simply provide ID documents for verification.

After going through the steps listed above, you should be able to register and operate within the Coinut Exchange.

Trading fees

The more you trade in the last 30 days, the higher your level is and the less trading fee you will pay.

Pure Crypto Trading 

What is the minimum amount to deposit/withdraw?

The blockchain fee of ERC20 tokens is stated as the minimum amount here.

The amount may vary from time to time based on the blockchain congestion status.

You can check the latest fee on the withdrawal page.

Coinut Trading View

Every exchange has its unique look when it comes to trading. There also exists no best overview – what represents the best view is entirely up to you.

The views usually have in common that a version of the order book with all its depth, a price chart covering the selected cryptocurrency, and order history are included.

The various platforms usually feature both buy and sell. You always want to check the trading view before selecting it to ensure that you are comfortable with it. Below you will see a screenshot of the Coinut trading view

How Many Types of Trading Options Available

Coinut Exchange offers the following types of trading options:

Spot Trading

It is the most basic and traditional form of trading when users can buy and sell cryptocurrencies instantly at the latest market price.

It supports major currencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and USDT, among others.

Options Trading

Coinut’s main focus is in cryptocurrency as it provides users the option to trade call options and put options.

This kind of trading allows a trader to buy or sell a cryptocurrency at a specific price on or before a specified future date.

Futures Trading (Coming Soon)

Coinut plans to add crypto futures contracts to its offerings, and this will be designed to give users more powerful trading features.

Coinut Exchange Features

Whether you are trading, selling, or buying crypto in Singapore, Canada, or Switzerland, here are some reasons why you should choose us:

Secure

Regulated as an MSB in Canada Regulated by VQF in Switzerland Real-time internal audit Semi-manual process of big withdrawals

Easy & Fast

User-friendly interface Can process millions of orders per second High Availability Low latency

Lowest Fees

Trade with the lowest fees for fiat-to-crypto crypto-to-crypto deposits and withdrawals.

Fiat Trading

The Trusted and Secure Cryptocurrency Platform

Coins U Trust, or Coinut, is the most secure Canada and Singapore crypto trading platform supporting Bitcoin, Litecoin, and Ethereum exchanges with fiat currencies, Singapore Dollars (SGD) and Canadian Dollars (CAD).

Established in 2013 by Xinxi Wang and Tao Huang, Coinut (Coins U Trust) was specially designed for a secure, faster, and easier process for anyone to trade cryptocurrency.

As a highly trusted Canada and Singapore crypto trading platform, Coinut provides plenty of features for users to trade, sell, and buy crypto in Singapore and Canada.

From a very secure digital wallet to a user-friendly interface, sign up with Coinut today to begin your journey in trading, selling, and buying crypto in Singapore and Canada – newly registered users are rewarded with free Litecoins!

Coinut leverages TradingView technology to display prices on charts. TradingView is a charting platform for a global community of traders and investors.

Supported by robust technologies across browser, desktop and mobile apps, the platform provides unparalleled access to real-time data such as BTC USD Chart, the latest news, financial reports, Stock screener and Economic calendar.

Trade Anywhere Anytime

Trade anywhere, anytime easily using iOS and Android mobile apps designed for cryptocurrency trading.

Trade with the lowest commission fees. The apps have simple use, easy connectivity to markets, constant updates, and allow you to sell, buy and control your investments from your mobile phone around the clock.

Is Coinut Safe?

Coinut (COIN Ultimate Trading) is safe as it takes standard safety precautions like 2-factor authentication, encrypted wallets, and cold storage for user funds, all of which mitigate hacking threats.

The exchange has a clean track record, and no major security breaches have been reported so far.

However, as stated above, no account is completely worry-free; users should enable 2FA, use secure passwords and be careful not to give away personal information.

It is suggested that you do your own research and read the most recent user reviews to make sure that Coinut meets your safety requirements.

Coinut Team

Coinut Affiliate Program

The Coinut Affiliate Program allows users to earn rewards by referring new traders to the Coinut exchange.

Affiliates earn a share of the leaked amount of trading commissions made through the referrals whose sign-ups they are responsible for.

The program regularly pays a good percentage of the trading commission to the affiliates for the business they introduce.

In order to take part in the affiliate program, users create a specific referral link within their Coinut account, and they can distribute the link to anyone.

The affiliate gets commissions from such trades after the referred users register and make their first trades.

It is a simple way for users to take advantage of their network and help promote the trading application called Coinut.

Count Customer Support

Coinut has excellent customer support through different channels to cater to its users. Users can send an email or create a support ticket in case there is a need to resolve issues like account verification, trading, trading, and other technical issues.

While the company strives to respond promptly to any inquiries, the time within which a customer will be attended depends on the type of issue presented.

Coinut also has a Help Center with FAQS and other guides to help with common issues.

In case of an emergency, it is advisable to contact the core team directly via the support tools available within the platform.

Coinut Exchange Alternatives

Binance 

If you are looking for a wide variety of cryptocurrencies and a vendor that offers perspectives for beginners and seasoned professionals, Binance is your answer.

They are a global leader specialising in automated trading, offering low fees and a number of tools.

Coinbase 

Having security features while remaining easy to use is something only Coinbase audiences get to experience.

Simply put, they are very user-friendly and allow you to trade easily while keeping your account secure, which is the reason why newcomers prefer them.

Kraken 

Another company that has good security features is Kraken. Over the years, they have stated that they offer diverse cryptocurrencies with low trading fees and increased security.

Their target audience includes people who want to trade but want to keep their assets safe.

KuCoin

Trading bigger and less known coins can be done using KuCoin, they offer a good range of features including Margin and Future trading to experience traders.

Huobi

Huobi is a strong competitor in the market of crypto trading exchanging firms. They have strong liquidity, a vast range of cryptocurrencies, and other trading options, including derivatives, margins, and spot trading.

Conclusion

Coinut Exchange is one of the better platforms for cryptocurrency trading in that it has necessary elements like a low fee structure, security features, and ease of use.

It is balanced well enough to accommodate novices and professional traders in a secure and efficient trading ecosystem.

However, there are advanced options which allow for more tools or different asset classes, which include but are not limited to, Binance, Coinbase, or Kraken.

Always research the fees, liquidity, and security features of a crypto Exchange before selecting it.