Cointree Exchange Review: Is A Safe Exchange or a Scam?

About Cointree Exchange

Cointree Exchange is a cryptocurrency exchange platform based in Australia. The platform allows users to buy, sell, and trade cryptocurrencies like Bitcoin, Ethereum, and Litecoin. Cointree provides users with a secure, user-friendly platform that is designed to make buying, selling, and trading cryptocurrencies easy and efficient. The platform also has a variety of educational resources to help users learn about different cryptocurrencies and the blockchain technology that powers them.

Information Table

How To Register At Cointree Exchange ?

To register on Cointree Exchange, 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 Cointree Exchange Account ?

There is no mandatory verification at Cointree, but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of 2 BTC per day. 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 Bitstamp, Revolut platforms.

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

There are two main options for topping up your balance on Cointree. 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 Cointree 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 Cointree 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.

Cointree fees and limits

Cointree Exchange offers some of the lowest fees in the market, globally. The tiered approach suits all types of traders.

Account tiers are automatically reviewed daily based on the following:
* Trade Volume (AUD) threshold is based on the past 30 days of buy, trade and sell volume.
** Referrals threshold is based on the past 30 days of new eligible referrals.

Deposit Fees

Fiat/Money: They provide many convenient fiat deposit methods (varies per country). While they don’t charge any fees for fiat deposits, some payment providers may charge a fee. In these cases, their fee will be listed on the cost breakdown found on the deposit page.

Cryptocurrency: There are no fees for cryptocurrency deposits.

Withdrawal Fees

Fiat/Money: There are no fees to withdraw AUD from your Cointree account to your Australian bank account.

Cryptocurrency: Withdrawals may have a standard transaction (mining) fee. The fee is dynamic based on network conditions of the respective blockchain. The fee will be listed on the cost breakdown found on the withdrawal coin page.

Purchase Limits

The minimum purchase amount is AU$20. Purchase limits are generally up to AU$10,000 per day, and AU$20,000 per week (varies by customer). Higher limits are available on request by contacting support team.

Features Of Cointree Crypto Exchange

Global Trading Rates

Cointree Exchange cryptocurrency exchange has some of the world’s best selling prices for various cryptocurrencies. It offers traders the best crypto exchange rates according to international standards. Deep liquidity from global trading pools and currency sourced from all across the world makes it a formidable competitor among the world’s popular cryptocurrency exchanges.

Deposit and Trade Instantly

Cointree users can deposit funds (AUD) in their trading account at any time using their PayID and trade immediately with these instant deposits. Cointree deposit methods maintain complete transparency of all trade quotes. The simplicity of the deposit methods also makes it quick and convenient to move funds in and out of the Cointree accounts.

Use Over 160 Cryptocurrencies

Its users can trade with over 160 different types of cryptocurrencies. Never again will Australians have to worry about missing out on new and exciting coins. Trading is also allowed from any coin to any coin, so there are almost 15,000 trading pairs for users to pick from.

Accessible and Accurate

Cointree Exchange review suggests that it is an entirely transparent, safe, easy, and mistake-free trading facility.

Beginner-Friendly

Even complete beginners can navigate cryptocurrency trading on the Cointree website because of its easy, simple interface and readily available customer service.

Start in 5 minutes

It takes just 5 minutes to deposit funds and make the first crypto purchase on Cointree. New traders can take the help of Cointree’s customer service team to help them out with any issues.

Efficient Customer Support

It ensures that its customers can access their customer service team anytime. Users can call, send emails or chat with support personnel for more information.