Koinim

Challenges for US Investors

As the website is in Turkish, and the only fiat currency available for deposit is the Turkish Lire (TRY), it might be difficult for US investors to trade on this exchange. So if you are a US-investor and want to trade at Koinim, you’ll should probably reconsider your choice of trading venue. Don’t be too sad though, there are many other venues that offer the type of trading this exchange does. Use our Exchange Finder to find out which alternatives you have.

Trading Pairs and Fees

The only available trading pairs at this exchange are BTC/TRY and LTC/TRY. Koinim doesn’t charge different fees between takers and makers. Their fee model is instead something called a “flat fee model”. Their flat fee is sitting at 0.40%. 0.40% is somewhat above the global industry average (the global industry average can be argued to be around 0.25%).

Deposit Methods

Koinim offers wire transfer as a deposit method (as long as you deposit the national Turkish currency, Turkish Lire, TRY), but you can’t deposit via credit card.