CoinCorner Cryptocurrency Exchange Review : Pros & Cons

About CoinCorner

CoinCorner, a team of friendly and enthusiastic people, working together to make Bitcoin as easy for you as possible. Like most things in life, started by realising the solution to a problem. Back in 2014, it was hard to buy Bitcoin in the UK and even harder to buy it from somewhere you trusted. Enter CoinCorner. From day one, aim has been to make buying Bitcoin quick and easy for people in the UK and around the world.

Calling the Isle of Man home, we’ve made huge strides to build trust in the Bitcoin industry. From working extensively with the Isle of Man Government on Bitcoin regulation to educating people from all walks of life through the media, public talks, and more.

After attracting global attention in 2017, Bitcoin has become a household name with more interest in the digital currency than ever before. Don’t worry though, come to work every day ready to cut through the confusion around Bitcoin, making it accessible for anyone and everyone who wants to be involved.

Information Table

How To Register At CoinCorner Exchange?

To register on CoinCorner , 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.

How To Verify Your CoinCorner Cryptocurrency Account ?

There is no mandatory verification at CoinCorner , but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of 0.01BTC. 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 Dcoin, Revolut platforms.

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

There are two main options for topping up your balance on CoinCorner . 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 Bittylicious 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 Dcoin Account ?

Also remember to go to the Security tab and activate two-factor authentication using the Google Authenticator app – this is the most reliable way to prevent unauthorized access to your account.

Withdrawal Fees 

Features Of CoinCorner Crypto Exchange

Trusted Bitcoin Exchange

Founded in 2014, we’re an award-winning exchange that holds Designated Business status with the IOMFSA and is trusted by 200,000+ people globally.

Instant and auto Bitcoin buys

Available in 45+ countries, you can buy and sell Bitcoin with GBP or EUR using credit or debit card, bank transfer or SEPA.

Mobile App

Download the CoinCorner app and get access to your account wherever you are!

User-friendly Interface

CoinCorner’s interface is designed to be intuitive and user-friendly, making it easy for both beginners and advanced users to navigate.

Multiple payment options

CoinCorner accepts a variety of payment options, including credit cards, debit cards, bank transfers, and various online payment methods.

Fast account Verification

CoinCorner’s account verification process is quick and straightforward, allowing users to start trading almost immediately after signing up.

Secure Storage

CoinCorner uses advanced security measures to protect user funds and personal information, including two-factor authentication, SSL encryption, and cold storage.

24/7 Live Support

If you’re awake, they are too. When you need help, your team of experts will work with you via 24/7 live chat to reach a quick and efficient resolution.

CoinCorner Conclusion

Overall, CoinCorner is a reputable and reliable cryptocurrency exchange platform that offers a variety of features to make trading Bitcoin and other cryptocurrencies easy and accessible for users of all experience levels. With a user-friendly interface, multiple payment options, fast account verification, secure storage, competitive fees, a mobile app, and comprehensive customer support, CoinCorner is a solid choice for anyone looking to buy, sell, or store cryptocurrency. However, it’s always important to do your own research and consider your own individual needs and preferences when choosing a cryptocurrency exchange.