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CoinW Exchange Review: Features & Pros & Cons For 2024

Coinw Exchange Review: Features & Pros & Cons For 2024

In this article, we will talk about CoinW Exchange. We will cover many things, including features, upsides and downsides, and depositing and withdrawing methods, so whether you’re a beginner or an experienced trader, there is something for everyone.

So let’s go on a journey to learn more about this exchange, “Coinw ”, compared to other digital currency exchange companies.

Introduction

CoinW is a pinnacle in the world of crypto trading platforms. Its unwavering commitment to security, transparency, and user-centric principles sets us apart.

Powered by cutting-edge technology, boasting deep liquidity, and offering support for various cryptocurrencies, they have cultivated a vast and dedicated user base, solidifying their position as one of the most secure exchanges globally.

Coinw Exchange Introduction

Dedicated to upholding the highest regulatory standards, prioritising security, transparency, and compliance to contribute actively to advancing the crypto industry.

At CoinW, they take pride in serving over 10 million users worldwide, earning the reputation as a beacon of security and reliability in the dynamic realm of cryptocurrency.

Join us on this journey, where your assets are safeguarded and your trading experience is elevated.

CoinW Profile

Company NameCOINW
CategoriesCryptocurrency Exchanges
Website https://www.coinw.com
Year Founded2017
HeadquartersSingapore
Office LocationsSingapore
Fiat supportedEUR,GBP,JPY,RUB,USD,ZAR,IDR,CNY,MXN,TRY
Funding MethodsBank Wire, Credit Card, Alipay, WeChat Pay, Crypto wallets
Maximum leverage100 : 1
Financial InstrumentsFutures, Cryptocurrencies, ETFs, Staking (cryptocurrencies)
Taker Fee0.20%
Maker Fee0.20%

How to Sign Up on CoinW Exchange?

Visit CoinW Website: Access the main CoinW Exchange website.

Click on Sign Up: The “Sign Up” button is usually located at the top right corner of the homepage.

How to Sign Up on CoinW Exchange?

Type in Your Email or Phone Number: Write the correct email address or phone number.

Choose Password: Select a strong and secure password to protect your account.

Complete CAPTCHA: Verify that you aren’t a robot by doing the CAPTCHA test.

Accept Terms and Conditions: Familiarize yourself with and then accept all conditions and privacy policies of CoinW exchange services.

Verify Your Email or Phone Number: Go to the website and find out whether you have received any verification code, which you should enter for confirmation of registration emailed to you earlier or sent via SMS immediately after creating your account.

Set Up Two-Factor Authentication (2FA): Enable two-factor authentication using an authenticator app or SMS for additional security reasons.

Finish Identity Verification (KYC): Provide required documents evidencing identity according to KYC regulations. Such documents almost always involve a government-issued identification card and a photograph in which one poses for selfies.

Start Trading: After verifying your account, you can make a deposit and initiate trading on CoinW Exchange.

How To Deposit Cryptocurrency At CoinW?

The following is how one goes about depositing cryptocurrency with CoinW;

Your CoinW Account Login: Go to the CoinW Exchange webpage and log in to your account.

Proceed to Deposit Page: Go to the ‘Assets’ or ‘Wallet’ option after logging in. Usually, there will be a button or link indicating ‘Deposit.’

Select Cryptocurrency: As per the list of supported assets, pick out the cryptocurrency for depositing.

Generate Deposit Address: For that specific cryptocurrency, click on the “Deposit” button; CoinW will generate a unique deposit address.

Copy Deposit Address: This is the generated deposit address you should copy correctly without any mistakes.

Initiate Transfer:

From External Wallet: Access your external wallet holding such a cryptocurrency, then select send/transfer funds.

Paste the Address: In your external wallet’s recipient field, put the CoinW deposit address you provided above.

Specify Amount: Mention the number of crypto coins you want to be deposited.

Confirm Transaction: Ensure all details are correct and confirm the transaction.

Please wait for Confirmation: It will take different durations before it appears on your Coin W account due to network congestion and the nature of the coin used on the blockchain (blockchain processing time).

Check Your CoinW Wallets—You can see deposited coins in your Coin W accounts under the Assets/Wallets section when transactions are confirmed.

How To Withdraw Cryptocurrency At CoinW?

Sign In to Your CoinW Account:

Open the CoinW Exchange website at https://www.coinw.com/. Provide your login details to gain access to your account.

Proceed to the Withdrawal page:

Once logged in, navigate to your dashboard’s “Assets” or “Wallet” section. Look for and Click the Withdrawal or withdraw button next to the cryptocurrency you want to send out.

Choose Cryptocurrency:

Select one of the available digital coins that you wish to withdraw.

Enter Withdrawal Details:

Fill in how much cryptocurrency should be withdrawn using this coin type.

Type in the external address of the wallet where funds should be sent. Please double-check that the address is correct, as it may result in a loss of funds.

Review Withdrawal Details:

Verify if the withdrawal amount and destination wallet address are correct before doing anything else.

Confirm Withdrawal:

Go ahead and click confirm withdrawal once all information has been checked.

Authenticate Withdrawal Request:

CoinW’s security protocols might require you to verify this withdrawal. This could entail entering a verification code, which will be sent via email or phone number per your registration details.

Wait for Processing:

CoinW will process your withdrawal request. The time depends on blockchain network conditions and the specific cryptocurrency involved.

Check Withdrawal Status:

Track the progress of withdrawal through the ‘Withdrawal History’ area or a similar section on the CoinW site’s cabinet

Confirm Receipt:

After processing and confirming withdrawal in the blockchain, cryptos will appear in users’ wallets outside CoinW.

CoinW Fees

Designed to facilitate its operational activities while encouraging trading activity through differentiating charges for makers and takers, CoinW has a fee setup.

The standard charge for makers and takers is 0.2% per transaction as of today’s date.

Makers place their orders on the order book awaiting execution by a taker, whereas takers immediately execute an order at the market price or even better.

Another feature of CoinW is its VIP membership system, which has six levels. Fees are reduced progressively across each tier.

This way, the company can reward active traders with reduced fees since this would encourage more trading within its platform.

This is shown in the breakdown of VIP levels below and the corresponding discounts on the transaction charges:

VIP LevelValid TimeOrder FeeTaker FeePrice (CWT)
1One month0.20%0.20%0
2One month0.15%0.15%680
3One month0.12%0.12%2,680
4One month0.09%0.09%12,800
5One month0.06%0.06%38,600
6One month0.01%0.01%86,800

As the table shows, the transaction fees decrease as the VIP level increases, and each VIP level lasts for one month from the date of purchase.

Coins Are Supported on CoinW

CoinW boasts over 1,000 listed crypto tokens, offering more than 500 spot trading pairs. Popular coins include BTC, ETH, BGB, XRP, PEPE, DOGE, SHIB, BNB, LTC, APT and more.

CoinW Deposit & Withdraw Fees

CoinW Deposit & Withdraw

Exchange Features

Authenticated and Authorized

Global regulation and compliance covers supervision, and corporate structure holds an International Financial Services Commission license.

Approach to Achieving Global Inclusive Finance through Global Footprints

The mission commitment to worldwide financial freedom and inclusiveness has involved five-year engagements in different jurisdictions across 200 nations and regions, reaching 8 million users.

Safety and Reliability

Five years without any security problems because of the industry’s best security technology, risk monitoring system, distributed system architecture, hot wallet/cold wallet+ multi-signature technology.

A global incubator of quality projects

Strictly select popular projects to seize investment opportunities.

Over 1000 supported crypto assets:

Market-leading liquidity, including popular crypto projects worldwide, and a high-speed matching engine with NO.1 market depth for the entire network.

OTC transactions are convenient, fast and safe

Diversified deposit channels, including credit card purchases made using over 40 fiat currencies for one-stop trading transactions, are available.

Cryptocurrency Financial Management Service,

High-yield wealth management products include flexible tenures, which allow redemptions at any time.

How Secure CoinW Exchange?

CoinW Exchange focuses on security to protect users’ assets and transactions. These are the primary security measures put in place:

How Secure Your CoinW Exchange?

Two-Factor Authentication (2FA): Users can enhance Account security by using 2FA, which provides an extra guard for logins and withdrawals.

Cold Storage: Most money is kept offline in cold wallets to reduce exposure to internet threats.

Encryption: Strong encryption protocols secure user data and conversations from unauthorized access.

Monitoring and Audits: Continuous monitoring and regular security audits help detect and patch all potential vulnerabilities that may arise.

Secure Development Practices: Secure coding practices observed when constructing the platform make it resistant to attacks.

Compliance: CoinW adheres to regulatory requirements and industry standards while maintaining a safe trading environment that is also compliant.

These precautions guarantee a secure cryptocurrency trading environment at CoinW Exchange, highlighting user trust and asset protection.

Is CoinW Legit or a Scam?

CoinW currently owns various esteemed monetary permits, such as the USA’s MSB license, the Lithuanian license, Canada’s MSB license, Singapore’s MAS license, and the SVGFSA permit.

CoinW’s acquisition of licenses worldwide enhances its commitment to following several rules for safeguarding users’ interests.

Who Are the Founders of CoinW?

CoinW was founded in 2017 by a fusion of crypto, cybersecurity, and finance virtuosos. It has established 16 Localized Trading Service Centers in 13 distinct countries.

With a robust workforce comprising over 1,000 talents representing 30 diverse nations, CoinW is the quintessential embodiment of a global and professional entity.

Where Is CoinW Located?

Based in Dubai, UAE, CoinW has expanded its global presence with 16 Localized Trading Service Centers spanning 13 countries.

CoinW’s reach extends to critical locations such as Dubai, Singapore, Turkey, South Korea, Japan, the Philippines, Malaysia, Australia, Vietnam, India, Nigeria, Canada, and Russia.

Serving customers in over 200 regions and countries, CoinW is dedicated to providing a seamless and localized trading experience.

As a forward-thinking crypto trading platform, we prioritize collaboration with international regulatory bodies and organizations, contributing to the establishment of a safe and secure environment for their users.

Which CoinW Customer Support Options Are Available?

CoinW offers multiple customer services to guarantee a smooth user experience.

This help desk is accessible online 24 hours a day, seven days a week, to assist when required. Thus, users can receive the help they need anytime, regardless of their country’s time zone.

In addition, this platform is active on different social media platforms where it provides additional support.

Which CoinW Customer Support Options Are Available?

Users can join an English group on Telegram created by the exchange for updates and assistance.

Moreover, members comprising traders can contact CoinX through its verified Twitter account and Medium page.

CoinW is also active on Weibo,, one of China’s widely used social media platforms for Chinese-speaking customers.

It creates another channel for users to interact with CoinW as well as stay updated about their latest news while getting some support from them.

Trade On Go With CoinW Android & IOS Mobile App

CoinW’s mobile app allows you to trade wherever you are. It is a good tool for managing portfolios, carrying out transactions, and monitoring market activities at all times and places.

Trade On Go With CoinW Android & IOS Mobile App

CoinW keeps you engaged with your crypto assets regardless of where you go by giving you access to live market data, advanced trading features, and secure login methods such as a dual authentication system and fingerprint recognition.

Earn Without Investment With CoinW Refer & Earn Program

A referral program that pays you 40% just for recommending friends to join CoinW. Moreover, the company provides a 40% reward on your trading fees every time you refer a friend to sign up.

Earn Without Investment With CoinW Refer & Earn Program

All you need to do is share your unique invitation link. As long as people you’ve referred trade on this site, you’ll be entitled to a portion of their fees paid.

It is as simple as that: help others understand how they can benefit from doing business with CoinW while earning themselves some passive income.

CoinW Alternative Exchanges

Binance – operates globally as one of the biggest and most familiar cryptocurrency exchanges. It offers a wide range of cryptocurrencies and trading pairs.

OKEx – has a comprehensive range of digital assets, derivatives trading as well as advanced trading features.

Kraken is a well-established exchange with a strong reputation concerning security that offers extensive selections of cryptocurrencies and fiat trading pairs.

Coinbase Pro’s interface is easy to use, guarded, and user-friendly, making it suitable for beginners or experienced traders.

Bitfinex – has advanced trading functions like Liquidity and margin trading.

KuCoin provides numerous cryptocurrencies in addition to competitive fees for transactions. It also supports staking alongside lending services.

Final Verdict

CoinW Exchange is the go-to exchange for cryptocurrencies. It offers many digital assets, advanced trading tools, and strong security.

CoinW guarantees beginners and experts the best trading experience history through its low fees, easy-to-navigate interface, and constant technological improvements.

Moreover, user benefits such as the 40% Refer & Earn promotional campaign, and VIP membership scheme makes CoinW a medium for value transfer among investors in the ever-changing world of digital money.

Nick Jonesh Is a writer with 12+ years of experience in the cryptocurrency and financial sectors. He writes for the coinroop on the same topic of cryptocurrency, including technical stuff for IT folks and practical guides about everything else for the real world. Nick's clear writing is a direct response to the new, crypto financial landscape.