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Coineal

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About Coineal

Overview

WhiteBit is a licensed cryptocurrency exchange from Estonia, launched in 2019. The goal of the WhiteBit team is to build a community that provides safe and easy crypto trading for everyone. The exchange has licenses for exchange operations with fiat and cryptocurrencies, as well as for the storage of customer assets.

User-oriented from the CIS, WhiteBit is constantly evolving, promoting in various thematic ratings and gaining popularity among traders and experts in the world of cryptocurrencies. At the moment, the trading platform is included in the TOP-100 exchanges in terms of trading volume, which is approximately equal to $ 17,000,000 per day.

Key Features

  • Increased productivity - about 10,000 blockchain transactions per second and 1,000,000 TCP connections;
  • Security - 100% of currencies are stored in cold wallets;
  • WAF, a web application firewall that helps to detect and block hacker attacks, is used by the exchange;
  • A chance to trade not only cryptocurrencies but also fiat currencies such as EUR, USD, RUB, and UAH.
  • Advanced interface - the elements of the website are downloaded once and the additional content is downloaded only if necessary. Thus, the cryptocurrency trading platform allows users to conduct transactions significantly faster;
  • 24/7 multi-language support - English, Chinese, Japanese, Russian, Indonesian, Spanish, German, Korean;
  • The website is available in Estonian, Russian, English, Chinese;
  • The exchange platform has two European licenses (Exchange License, Custody License);
  • The security measures used by the platform are the KYC verification, Two-Factor Authentication, and Anti-Phishing;
  • Low commission for transactions (0.1%) and the absence of commissions for replenishment/withdrawal.

Additional Services

The platform offers a invest program called S.M.A.R.T for those who want to invest in cryptocurrencies. They also work with various projects including SelfKey, Lukki, Bitcoin Rhodium, Qubitica, etc.

For the convenience of users, there is a mobile application for buying and trading cryptocurrencies on iOS and Android.

Key data

data refreshed every 10 minutes
Trading pairs104
Founded2019-09-20T00:00:00.000000Z

Coineal is a centralized cryptocurrency exchange (CEX) that launched in 2019. It offers a platform for trading a range of digital assets and appeals to users looking for an alternative to the industry's biggest names. Like any smaller exchange, it's worth weighing its features, fees, and track record before committing funds.

Frequently asked questions

What is Coineal?

Coineal is a cryptocurrency exchange where users can buy, sell, and trade a variety of digital assets. It positions itself as an accessible platform for spot trading. As with any exchange, users should review its current offerings and reputation independently.

Is Coineal a centralized or decentralized exchange?

Coineal is a centralized exchange (CEX), meaning it manages custody of user funds and operates its own order-matching infrastructure. This differs from decentralized exchanges, where users keep control of their wallets. With a CEX, trust in the operator and its security practices is a key consideration.

When was Coineal founded?

Coineal was founded in 2019, making it a relatively young platform in crypto terms. Its history spans both bull and bear market cycles, which can be a useful lens when evaluating an exchange's resilience.

What should users pay attention to when using Coineal?

Key things to check include the exchange's fee structure, withdrawal limits, available trading pairs, and any regulatory status in your jurisdiction. Security track record and the quality of customer support are also worth researching. As a general rule, avoid keeping large balances on any centralized exchange longer than necessary.

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