CoinCatch Crypto Exchange Review 2023 : Pros & Cons

What Is Crypto Exchange ?

An exchange for cryptocurrencies, sometimes known as a “crypto exchange,” is a platform that enables users to purchase, sell, and trade different cryptocurrencies using different fiat currencies (such as USD, EUR, etc.) or other cryptocurrencies. Essentially, it serves as a market place for the exchange of digital assets.

Users who want to use a cryptocurrency exchange must first create an account by entering personal information and going through identity verification processes, especially to comply with laws and security precautions.

Money can be added to users’ exchange accounts. These funds may be fiat money that they want to convert into cryptocurrencies or cryptocurrency that they currently own. Users can begin trading as soon as the funds are deposited. They are able to submit orders to acquire or sell particular cryptocurrencies at specified prices. There are other sorts of orders, including limit orders and market orders, which are both executed when the market hits a certain price level. Market orders are executed immediately at the current market price.

What Is CoinCatch Crypto Exchange ?

CoinCatch , founded in Oct 2022, is a British Virgin Island-registered cryptocurrency exchange with a mission to be built for KOLs and grow with KOLs, offering spot and derivatives trading for most major coins. CoinCatch aims to offer a variety of trading products, including social trading, allowing its KOL partners to share their trading strategies inside out with their followers. With world-class liquidity and depth, the platform supports cross-margin and isolated-margin modes. It provides a diverse range of order options, including market orders, limit orders, Trailing Stop orders, take profit orders, stop loss orders, GTC (Good-Til-Cancelled), IOC (Immediate-Or-Cancel), Post-Only orders, and FOK (Fill-or-Kill) orders.

CoinCatch Crypto Exchange Quick Facts

How To Register At CoinCatch Exchange?

To register on CoinCatch , click Register Now button at the top of the page. You can also start creating an account directly through the form on the main page.

You only need to enter your e-mail and come up with a password. If there is a referral code, it is also entered at this stage. Password requirements: at least 8 characters, numbers, upper and lower case.

Click ” Create Account ” then go to your email to verify it. Enter the code you received and registration is complete. You can start replenishing your account.

CoinCatch Exchange Supported Countries

CoinCatch Exchange is a cryptocurrency exchange that supports users from various countries around the world. However, the availability of services may vary depending on the location of the user.

Exceptions are the US, China, Japan and countries in the Middle East. Syria and North Korea are also countries whose nationals cannot trade on CoinCatch .

How To Verify Your CoinCatch Cryptocurrency Account ?

There is no mandatory verification at CoinCatch , but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of Free. In the future, depending on the actions of regulatory authorities, conditions may change.

For verification, you can use one of four documents to choose from: passport, driver’s license, identity card or residence permit. Artificial intelligence is used to evaluate the authenticity of documents. This service is provided by the Onfido online identification service, already used by the CoinCatch , Revolut platforms.

How To Buy Crypto Or Deposit Crypto At CoinCatch Crypto Exchange?

There are two main options for topping up your balance on CoinCatch . Firstly, you can buy cryptocurrency with a bank card – it’s fast and convenient. Go to the ” Buy crypto ” -> ” Buy crypto with a credit card ” section.

Choose a cryptocurrency (currently there are 13 coins available for purchase in this way). Enter the amount and select the fiat currency to be used for payment.

After that, you will need to select a payment channel: each of them has conditions. You can choose between Simplex, Mercuryo, Banxa and Moonpay. Click ” Buy ” next to the appropriate option.

Agree to the terms and confirm the transition to the site of the payment provider. Enter information about the card and its owner, confirm the transaction. Cryptocurrency will be credited to the exchange account within a few minutes.

Second Method

You can transfer digital assets to the balance of the exchange from any external crypto wallet. For this:

• Go to the “Deposit” section from the “Assets” menu.

• From the drop-down list, you can select the cryptocurrency you want to deposit into your account.
• The wallet address will appear. You need to copy it and send funds to it from another wallet or exchange. Please note that only bitcoin can be sent to bitcoin addresses, similarly with other coins.
• You can also click “Show QR code” – for transfers from a mobile wallet, this is a more convenient option.

How To Withdraw Crypto Asset From CoinCatch Exchange ?

Having completed all the necessary trading operations, it’s time to withdraw the received assets to an external wallet. Go to ” Assets ” -> ” Withdraw “. Please note that the operation is only available after enabling two-factor authentication in the settings. This is for added security and requires less than a minute, so don’t neglect this measure.

Select a cryptocurrency and enter the withdrawal amount. Each coin has its own withdrawal fee, for example, for BTC it is 0.00057 BTC. Click ” Output “. By default, the exchange processes applications three times a day, however, hourly withdrawals are available for Premium users. Also, the time of receipt of the cryptocurrency is affected by the workload of the blockchain network.

How To Secure Your CoinCatch Account ?

There are several steps you can take to help secure your CoinCatch account and protect your funds:

1. Use a Secure and Individual Password: Make your password difficult by combining upper- and lowercase letters, digits, and special characters. Useless information like birthdays or frequent nouns should be avoided. you avoid a breach on one platform from affecting others, make sure you use a different password for each online account.
2. Enable two-factor authentication (2FA): By requiring a second method of verification in addition to your password, two-factor authentication offers an extra layer of security. This might be a hardware token, a text message, or an authentication program (like Authy or Google Authenticator).
3. Secure Email Access: Verify the security of the email account linked to your CoinCatch account. Since your email account is frequently the starting point for resetting passwords for other accounts, use a strong password and activate 2FA.
4. Use a safe Network: Avoid using public Wi-Fi networks to access your CoinCatch account as they tend to be less safe. Consider using a Virtual Private Network (VPN) to encrypt your internet connection if you must use public Wi-Fi.
5. Update Software Frequently: Maintain the most recent versions of your operating system, browser, and security applications. Important security fixes that aid in shielding your system from flaws are frequently included in updates.
6. Be Cautious of Phishing Scams: Be wary of emails, messages, or phone calls that ask for your personal information or account details. CoinCatch will never ask you for your password or 2FA code. Always double-check the URL of the website you are logging in to and make sure it is the official CoinCatch website.
7. By taking these steps, you can help protect your CoinCatch account and reduce the risk of unauthorized access to your funds.

Fees taken when buying virtual currency

How To Contact CoinCatch Customer Support Team?

If you need help with your CoinCatch account or have any questions, you can contact CoinCatch customer support through the following methods:

Check out the website: Visit CoinCatch’s official website, if there is one. On the website, look for a “Contact Us” or “Support” link. You may find alternatives to contact their customer service department on this page, such as email addresses, phone numbers, or chat assistance.

Search Online : Use search engines to hunt up CoinCatch’s official customer service contact information. User forums and discussion boards occasionally contain information on how to get in touch with the company’s support staff.

Verify Social Media: Verify whether CoinCatch has any official accounts on social networks like Twitter, Facebook, or LinkedIn. Through these channels, businesses frequently offer support, and you might find contact details or links to support services.

Email: If you’ve located the CoinCatch customer service email address, you can write an email describing your problem or request and send it to that address.

No matter which method you choose, be sure to provide as much detail as possible about your issue or question so that CoinCatch customer support can assist you efficiently.

Features Of CoinCatch Crypto Exchange

Excellent UI design

Professional layout design and the most suitable UI page for Futures transactions enable users to get the smoothest Futures experience.

Security and stability

The reliable underlying technology can effectively keep the data safe, and the rigorous risk control and management can guarantee the security of funds.

Ultra high performance

The platform is built by the world’s top technical team, with a financial-grade matching engine that can provide millions of transaction matches per second.

Diversified events

The platform will regularly launch various events and competitions with rich gameplay and generous rewards, including deposit and trading rewards, quiz bonus, questionnaire, and check-in events. Every user can find their own events here.

User First

The platform puts users first and takes protecting users’ interests as the first priority. In addition, AMA or Q&A events will be held regularly to follow the needs of users, answer users’ questions, and constantly improve ourselves.

24-hour support

The platform provides 24/7 online customer service so that any trading problems can be solved in real time.

CoinCatch Good Or Bad Points

CoinCatch is a cryptocurrency exchange that allows users to buy and sell various cryptocurrencies. Here are some potential good and bad points of using CoinCatch :

Good points:

1. Innovation: It can be viewed favorably if CoinCatch is offering a new technology, idea, or strategy that resolves a dilemma or boosts effectiveness.
2. Profit Potential: If CoinCatch is involved with cryptocurrencies or investments, it may offer the chance to make money if its tactics or services prove to be effective.
3. Convenience: If CoinCatch has a user-friendly interface or practical features that simplify or accelerate activities, that could be a good thing.
4. Transparency: By being open and honest about its processes, personnel, and the way it handles money or data, CoinCatch may win over users’ trust.

Bad points:

1. Uncertain business model: CoinCatch’s long-term viability may be in jeopardy if its business plan is opaque or unsustainable.
2. Security worries: Security lapses could result in the loss of money or personal information if CoinCatch handles sensitive user data or financial transactions.
3. Lack of History: New platforms or services may not have a history, which makes it challenging to judge their dependability and performance.
4. Lack of assistance: Users who are having problems may find it frustrating if CoinCatch does not offer appropriate customer assistance or a dependable method of communication.
5. Exaggerated Claims: If CoinCatch makes inflated claims about earnings or returns, this may be a red flag for a possible fraud.

Is CoinCatch Is Safe Platform To Trade ?

This can give information about the reputation of the platform and whether or not other traders have had good or bad experiences. Check to see if CoinCatch is subject to regulation and licensing by the appropriate financial authorities in the country where it is active. A certain degree of confidence in the legitimacy of the platform can be gained by regulatory scrutiny.

Review the security precautions for the platform. To protect the assets of users, look for features like two-factor authentication, encryption, cold storage for money, and other security protocols. A trustworthy trading platform should have transparent and explicit policies, fee schedules, and terms of use. Before trading, be sure you comprehend the platform’s fees and terms.

For any queries or issues, get in touch with their customer service. A good sign is prompt and friendly customer service. If you choose to use the site, begin with a little sum of money to gauge its dependability and functionality.

In summary, CoinCatch has taken several measures to enhance security, but it’s still important to be cautious and do your due diligence before trading on any platform.

CoinCatch Conclusion

CoinCatch is a reliable and user-friendly cryptocurrency exchange that provides a range of features to traders and investors. Its low trading fees, staking options, and security measures make it an attractive option for those looking to buy, sell, or hold cryptocurrencies.