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CoinEgg Review (Updated 2019)

in News/Use Crypto by

What is CoinEgg?

CoinEgg is a cryptocurrency exchange based in the United Kingdom. Does not support fiat currency pairs. It’s known for having a large range of pairs with altcoins. These include several less-known cryptos. You should be aware that such pairs, as a rule, are characterized by low liquidity. The advantages also include the fact that the CoinEgg Exchange has been operating for a while. Since 2013, in fact, and during this time it has never been hacked or been mentioned in similar incidents.

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What can you trade on CoinEgg?

The platform is very easy for users who have just started to trade. In the Trade section, you will see a full list of trading pairs that are distributed between the markets: BTC, ETH and own USC. To facilitate the search process, you can use the filter. After selecting the desired pair, you will find yourself in a trading terminal, in the center of which is the Trading View chart with all the necessary tools for analyzing the market situation. Traders note a fairly low trading commission, a large selection of available cryptocurrency pairs and a good security system. On the other hand, not everyone is satisfied with the absence of fiat at auction.

What are the fees on CoinEgg?

Unlike other exchangers, CoinEgg does not charge users any fee for depositing but it also does not take any responsibility for a fee charged by banks for the transaction. All transactions on the platform are charged by 0.1%, it is considered lower than the market average.

What is CoinEgg’s customer service like?

As most platforms CoinEgg online customer support on their website and email address in the Contacts section. Both options are available all clock round but lately, users were unsatisfied by the longer time it took to solve each individual requests. To overcome that issue platform created fixed FAQ section in the Support area of the website.

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CoinEgg security

The administration of the exchange is serious about the security of assets and personal data of users. When you first log into your account, the client needs to select three questions and indicate the answers to them. This is necessary in order to restore access to the account. Also, be sure to install a pin for trading. To increase the security of your account, you should enable two-factor authentication. Users can set up sending emails every time they sign in or withdraw funds. Large traders who are interested in raising the daily limit on withdrawal up to 50 BTC and more should pass an additional test. To do this, you need to contact the support and record a video of a certain length with your ID, and other documents that will be required.

Summary

The platform provides a high level of client protection and works with a large number of cryptocurrencies. At the same time, couples with fiat are not traded on the stock exchange. The exchange provides traders with access to market information, charts, price changes, which will help to make an even more accurate trading forecast.

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