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CoinCorner Review – Pros, Cons, Fees, Features, and Safety

Founded in 2014, CoinCorner is a European cryptocurrency exchange that allows its 150,000 users to buy, sell and store Bitcoin, Ethereum, Ripple and Litecoin.
Rating 4/5

Whether you are new to cryptocurrency investing or an old hand, buying Bitcoin and other coins can be a time-consuming process. CoinCorner describes itself as your virtual crypto shop and bank all-in-one. At CoinCorner.com, you can buy and sell, send and receive, transfer and store crypto.

The broker is adding a Visa credit card so you can easily spend your crypto money. We have reviewed the fees, features, and pros and cons to assess whether the CoinCorner multi-service wallet can meet the cryptocurrency needs of the non-trader.

While we found the CoinCorner to provide a cost-effective service for the UK-based customer, European and international investors pay high deposit and withdrawal fees on some payment methods. 

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    What is CoinCorner?

    If you want to buy cryptocurrency , and also send/receive, store and spend it, CoinCorner is worth a look. CoinCorner was a pioneer in 2014 when it became one of the first places to buy bitcoin with a credit card. The company, known as the European Bitcoin exchange, has added three alt coins – Ethereum, Ripple, and Litecoin. These coins can be bought, sold and stored but not withdrawn. The universe of coins is small at only four, but for many investors who want a small slice of cryptocurrency exposure in their portfolios, a few major coins will do fine. CoinCorner currently has 150,000 users.

    CoinCorner Concierge is a service for investors who want to buy or sell more than USD 100,000 of Bitcoin, Ethereum, Ripple, or Litecoin. The service has been developed for high net worth individuals and institutional investors. To access this service, an investor needs to fill in the online form stating your name, email, coin you want to trade and how much you want to invest. A representative will get in touch with you.

    How does the CoinCorner exchange work?

    Cryptocurrency brokers can provide a cost and convenience advantage over exchanges. CoinCorner operates like a Changelly or Luno. Using CoinCorner is as simple as choosing the cryptocurrency coin or alt coin you want to buy, how you want to pay (GBP, EUR) and the amount. In a few clicks of a mouse, you can create a diversified crypto-fiat investment portfolio. The app displays your portfolio in a donut chart, providing a quick view of your holdings. Or stock up on crypto to send to family and friends, or spend. Soon, the new Visa card will make spending easier.

    What cryptocurrencies does CoinCorner support?

    CoinCorner offers crypto-fiat exchange in four of the largest coins by market capitalization. Europe’s Bitcoin exchange is also the place to buy ethereum, Ripple and Litecoin.

    • BTC
    • ETH
    • XRP
    • LTC

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    68% of retail CFD accounts lose money.
    Features
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    What are the best CoinCorner Alternatives?

    68% of retail CFD accounts lose money.
    74% of retail investor accounts lose money when trading CFDs with this provider.
    The price and value of any investment in digital asset products can fluctuate.
    The traded price of digital tokens can fluctuate greatly within a short period of time.
    Market prices for digital tokens can be volatile and highly unpredictable.
    As with any asset, the values of digital currencies may fluctuate significantly.
    The value of digital currencies can go up or down frequently.
    71% of retail CFD accounts lose money.
    As prices of digital assets are highly volatile, users could lose all or a substantial portion of the value of any digital asset they purchase.
    Rating
    5.0
    4.7
    4.7
    4.6
    4.5
    4.4
    4.3
    4.1
    4.0
    Mobile App Rating
    10/10
    9/10
    9/10
    8/10
    8/10
    9/10
    9/10
    9/10
    10/10
    Mobile App
    Wallet
    Number of Coins
    14059223413535915115
    Trading Fees
    SpreadsSpreads0.1%0.1%0.1%0.1%0.50%Spreads0.2%
    Deposit Fees
    N/AN/AN/AN/AN/AN/AN/AN/AN/A
    Withdrawal Fees
    $5N/A0.0005 BTCN/AN/AN/AN/AN/AN/A
    Regulated
    ASIC, CySEC, FCACySECN/AN/AN/AFCAFCACBI, MiFIDN/A
    Min. Deposit
    $50100 EURN/AN/A$10$10$2$100N/A
    Leveraged Trading
    N/AN/A1 - 100x1 - 100x1 - 10x1 - 100xN/A1 - 30x1-200x
    Bitcoin
    $21287.74$21370.75$21301.57$40391.88$40393.04$40404.41$40416.27$21360.11$40377.55
    Ethereum
    $1245.89$1231.22$1223.58$2796.11$2795.55$2797.45$2796.59$1226.94$2795.54
    XRP
    $0.38$0.37N/A$0.23N/A$0.78$0.30$0.37$0.78
    Tether
    $1.00N/A$1.00$1.00N/AN/A$1.00N/AN/A
    Litecoin
    $57.50$56.71N/A$109.04N/A$109.10$109.04$56.77$108.99
    Bitcoin Cash
    $113.94$113.27N/A$506.41N/A$295.12$295.07$113.22$294.96
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    $7.28$7.23N/A$14.26N/A$14.68$14.67$7.32$14.68
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    $0.51$0.51N/A$0.83N/A$0.83$0.83N/A$0.83
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    $0.32$0.31$0.31N/A$0.70$1.91$1.91$0.31$0.70
    Binance Coin
    $244.39$238.79$238.73N/AN/A$385.92N/AN/AN/A
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    $0.13$0.13N/A$0.19$0.08