Coinsuper Cryptocurrency Exchange Review: It Is Safe & Secure Exchnage

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Coinsuper Cryptocurrency Exchange Review: It Is Safe & Secure Exchnage

About Coinsuper

Coinsuper is a Hong Kong based virtual asset trading platform and self-regulated custodian. They offer a powerful trading engine to provide liquidity for wide variety of cryptocurrencies along with fiat on and off ramp infrastructure and provide custodial services for storage and security facilities to safeguarding investor assets.

Since establishment in 2017, they built the vision of democratizing financial markets and making cryptocurrencies investing safe and accessible. They also adhere to the highest standard applicable and have engineered self-policing to ensure security is at the heart of Coinsuper.

Coinsuper management consists of former top-notched financial industry veterans and digital asset evangelists from UBS, HSBC, Morgan Stanley, Ant Financial, Alibaba and Sohu. To date they have a community of more than 1.5 million users globally and are well trusted by strategic investors including Pantera, Unbound Partners, Fin Venture, Cash Financials, Guosheng International, Oriental Patron, 8 Decimal, Sky9, Ausvic Capital, Juntong, Blockwater Capital, Node Capital, Ledger Capital, DHVC, JRR Crypto, Byte Capital, Genesis, Pallet One, among others.

ExchangeDetails
Exchange NameCoinsuper
Exchange TypeCryptocurrency
LangugaeEnglish
Trading Fee0.14%
Taker Fee0.20%
Withrdaw Fee0.0005 BTC
Support24/7
 Top CountryIndia
WebsiteHomepage

How To Sign Up & Start Trading

You Sign Up For A User Account By Providing Basic Information.

On Every Exchange You Will Get Option For Sign Up Or Create Account . Just Fill Some Basic Details Like Name , Email , Password , Security Question Etc For Registration . It Is First Step To Start Trading On Any Exchange

You Then Receive An E-mail In Your Mailbox To Activate Your Account.

Before You Can Login, You Must Active Your Account With The Code Sent To Your Email Address.Then You Will See A Message That Your Financial Account Is Activated And Ready To Go. This Means That You Can Log In And Start Trading In Cryptocurrency.

Identity Verification

For Successful Verification You Will Need Identity Documents. For Example, You Can Use A Driver’s License Or Passport, Where The Name Is Duplicated In Latin Letters.Confirmation Of Identity On Exchange Is An Optional Step. The Procedure Must Be Completed Only If You Want To Remove The Restrictions Of Btc On Deposit Or Withdrawal Of Funds Per Day.

Transaction Fees

TierLast 30 Days Trading Volume
(USD Equivalent)
TakerMaker
1X<50,0000.20%0.14%
250,000≤X<100,0000.20%0.12%
3100,000≤X<250,0000.20%0.10%
4250,000≤X <500,0000.20%0.08%
5500,000≤X <1,000,0000.20%0.06%
61,000,000≤X <2,500,0000.20%0.04%
72,500,000≤X <5,000,0000.20%0.02%
85,000,000≤X <10,000,0000.18%0%
910,000,000≤X <20,000,0000.16%0%
1020,000,000≤X <25,000,0000.14%0%
1125,000,000≤X <30,000,0000.12%0%
12X≥30,000,0000.10%0%

How to calculate last 30 days trading volume?

The transaction fees are determined based on trading volume over the last 30-day period.Transactions made on non-USD trading pairs are converted to USD equivalents based on the corresponding average price of that trading day. User’s tier level and corresponding trading fees are automatically updated at 00:00 AM (UTC+8) daily.

Coinsuper Trading fees

Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. Makers are so named because their orders make the liquidity in a market. Takers are the ones who remove this liquidity by matching makers’ orders with their own.

Coinsuper’s trading fee for takers is 0.20%. This fee is in line with the industry average. The industry average is arguably around 0.25%, but they now see more and more exchanges starting to offer even lower fees, such as 0.10% and 0.15%. Makers enjoy a slight discount on the trading fee here and trade with a trading fee of 0.14%.

Coinsuper also offers trading fee discounts when you have a large trading volume during the preceding 30 days. Trading fees can become as low as 0.10% for takers and 0.00% (i.e., free) for makers. That is if they have a trading volume exceeding USD 30 million. So we think that there won’t be that many people reaching the highest level, level 12, in the below table:

What is Taker and Maker fees?

Maker fees are paid when you add liquidity to the order book by placing a limit order under the last trade price for buy and above the last trade price for sell.

Taker fees are paid when you remove liquidity from the order book by placing any order that is executed against an order of the order book.

Note: If an order is partially filled, the taker fee is charged for the part immediately filled and maker fee is charged for the unfilled part.

Use CEN for discounted transaction fees

This function enables you to use CENs to pay for the transaction fees. The system will discount the fee for the required payment and the equivalent value of CEN will be deducted according to market value. The transaction fee discount schedule of using this function is as follow:

TIME1st year2nd year3rd year4th year5th year
Discount50%25%12.5%6.25%0%

Deposit/Withdrawal Fees and Amount

AssetsMinimum
Deposit Amount Per Time
Minimum
Withdrawal Amount Per Time
Maximum

Withdrawal Amount Per Time
Maximum 
Withdrawal Amount Per Day
Withdrawal FeeMaximum times of withdrawal per day
USD/100 100,000 100,0000.2%(at least 20USD, excluding bank fees,3% when over-withdrawal*)1
ABBC/5 900,000 900,000110
ACD100500 10,000,000 10,000,00010010
AIT100350 70,000,000 70,000,00025010
ATLS10010010000000100000003010
BCHABC0.0050.01 400 4000.0110
BCHSV/0.01  700 7000.0110
BORA1001001000000100000003010
BTC/0.01 20 200.000510
BTT/200600000006000000010010
CEN100250 3,000,000  3,000,000 15010
EOS/10  35,000 35,0000.110
ERT100300 30,000,000 30,000,00020010
ETC/ 20,000 20,0000.0110
ETH0.010.2 800 8000.0210
ETP/2 150,000 150,000110
HKT100100 300,000 300,0002010
IOST/1004000000040000000510
KBC100500 4,500,000 4,500,0002010
LTC/0.6  3,000 3,0000.00110
MATIC200200 4,000,000 4,000,0005010
MIN100100 350,000 350,000210
NEO/ 12,000  12,00010
NUG1001350 100,000,000 100,000,000125010
OBSR/100 30,000,000 30,000,0001010
QBX100200500000005000000010010
SERO/2015000001500000110
SKY/113000003000000.110
THRT100180 15,000,000  15,000,000 8010
TRX/40 5,000,000 5,000,000110
USDT/100 100,000 100,000510

US-investors

US-investors can presumably trade here. At least Coinsuper does not say that they can’t. But, any US-investors interested in trading here should in any event form their own opinion on any issues arising from their citizenship or residency.

Hong Kong Coinsuper

Founded in 2017, based in Hong Kong, Coinsuper is a leading cryptocurrency exchange providing professional digital asset trading and customized services. Coinsuper is well experienced in the fields of cryptocurrency and financial technology over the years, it has successfully drawn and built a team of global elites with high financial standard and established a trading platform with rigorous technical risk control and remarkable operation.

SSL Technology

Coinsuper adopts methods such as SSL technology, multi-signature cryptocurrency wallets, offline capital management to ensure the stability of the platform, as well as multiple layers of protection of assets, transaction, account and user information.

Coinsuper provides professional risk management and four-dimension security protection system. The platform offers security with 2FA(two-factor authentication), Fund password, Binding bank card. The platform does not allow deposit and withdrawal without verification.