CoinMetro is a centralized cryptocurrency exchange based in Estonia, launched in late December, 2018. CoinMetro is licensed in Estonia and is regulated by the laws of the country.
The exchange aims to create a new extensive ecosystem for trading, and to provide a convenient, simple and secure platform. The trading platform is filled with many different options for exchanging digital assets.
The exchange has offices in four locations around the world: Hong Kong, Estonia, Mexico and Australia. This allows the platform to have a better global presence on the cryptocurrency scene, expanding its reach and achieving its goal of creating a "vast ecosystem".
CoinMetro is a fine option for trading needs. It is a secure, regulated exchange that is on a growth curve to become one of the most popular exchanges for all traders around the world.
CoinMetro doesn't have a particularly extensive list of supported cryptocurrencies, but it does cover the most popular cryptocurrencies such as BTC, BCH, ETH, XRP, and LTC.
The CoinMetro website has a modern design. A lot of top-end graphics tools. They also have a powerful support service with round-the-clock availability and an average customer waiting time of less than 5 minutes.
One of the most important features of CoinMetro is that the trading platform covers every trader. Whether you are a beginner in cryptocurrency or a professional, an experienced trader, or buying your first BTC, the CoinMetro platform will meet any needs.
The exchange is divided into different areas depending on what information you need.
- Novice Trader
For novice traders, CoinMetro has an easy-to-understand control panel. This simplifies the process of buying and selling your favorite cryptocurrency.
Here you can use any of your fiat currencies to purchase any of the cryptocurrencies listed on CoinMetro. You can also sell any of your cryptocurrencies back for fiat.
The CoinMetro exchange platform allows the trader to buy and sell cryptocurrency with more control and available data. There is a learning curve, but the exchange platform is very easy to use for basic trading features, and more advanced features can be enabled.
- Professional trader
For those moving to a higher level of trading, CoinMetro offers a world-class margin trading platform.
- CoinMetro (XCM)
The XCM token is a proprietary token of the CoinMetro exchange. XCM tokens can be safely stored in your CoinMetro account, but you can also withdraw XCM to any ERC-20 compliant wallet.
The goal of the XCM token is to offer benefits and value to the exchange's users and to continue expanding use cases with all existing and future CoinMetro products.
CoinMetro allows trading in fiat and cryptocurrency, and deposits can be made using bank transfers, credit cards, and existing cryptocurrency. Along with its global presence, this further expands CoinMetro's reach as it allows new cryptocurrency investors to use the platform with ease.
CoinMetro charges fees:
- The recipient's trading fee is 0.10%, which is lower than the industry average.
- The manufacturers ' trading fee is 0.05%, which means that manufacturers receive money for trading.
- The withdrawal fee is 0.15%.
- Deposit fee-2.99%
The CoinMetro platform provides proof of their Estonian license on its website and highlights the importance the exchange attaches to providing a secure and reliable platform through regulation.
Security is provided by a two-factor authentication (2FA) system based on the TOTP protocol, which is arguably more secure than two-factor authentication based on SMS, email verification, and "captcha protection".
- To own your crypto assets, you need to manage your own private keys.
- Ledger hardware wallets make private key management easy and secure.
- Each unique 24-word recovery phrase creates a new set of private keys.
- Make sure you secure your 24-word recovery phrase properly.