CoinX Review -
- Company: CoinX
- Server Location: US
- Turnover: -
- Mobile version: No
- Current BTC price: -
- Currencies: USD
- Fee: From 0.3%
- Time: 0.5 day
- API: No
- Support: Phone call, Tickets
CoinX is the US based Bitcoin exchange which is created by Megan Burton. She has vast experience in IT businesses of over 15 years and raised over $1 million into venture. CoinX itself is not a very old company in the market and still is on the beta stage. Company is promising a very high customer oriented approach and transparency.
Operations are rather usual, nothing super innovative. CoinX also declares that their system is very simple to use and affordable. CoinX claims that they use same protocol for security as New York Stock Exchange (NYSE).
The Exchange charging its customers in a common way in the market. Up to 500 BTC – 0.3% fee, if you trade over 100.000 BTC you get best rate of 0.1%. You can trade with three FIAT currencies – USD, EUR and GBP. Which is a quite nice benefit, because many exchanges offer only one currency at the time. But if you are not from USA you are limited only to wire transfer, no direct deposit for you. Some customers might find it very annoying and leave the service.
CoinX claims that they do have good relations with banking industry, but we were unable to find information to comment on that.
We were unable to find any evidence of mobile platform version as well. Also we have tested company’s promise on high customer service satisfaction. No one answered to phone calls several times, but at least they do have phone number rather than only a ticket. Maybe it was a coincidence.
- NYSE approach
- Compliance with regulation
- High expertise of founder
We weren’t so sure about:
- How it will be accepted in a long term
- Customer service
- Not answering phone calls after such promises on website
- Information on web site is very poor and simple
- No mobile version
What CoinX said:
The landscape of currency is evolving, becoming sophisticated and Virtual. Our team is steeped in technology and passionate about revolutionizing online currency. We envision a future where virtual currency works seamlessly, not just through the web, but in everyday life. CoinX is a virtual currency exchange for buyers and sellers of Bitcoin, allowing trade of virtual currencies for other currencies.
Why choose CoinX? There are an abundance of currency exchanges popping up everywhere, but our platform is centered around you, the user. Unlike our competitors, when you log in to CoinX you do not have to jump through hoops to make a trade. Our platform is user friendly and creates an experience that will leave you coming back again and again. What sets us apart is our consistent focus on creating a trading platform that is easy to use and affordable. We accomplish this through a mainstream approach to virtual currency, which is both safe and convenient.
The simplicity of the CoinX exchange will have you trading in minutes and provide an unparalleled experience for the user. We are at the forefront of innovation and our level of service is our highest priority. Because service is so important to us, we provide around the clock support. That means anytime, anywhere in the world, just like the currencies we exchange.
In the near future, we will be adding more currency pairs for both virtual and fiat. Why not experience CoinX for yourself and see how our industry leading platform and service can help you.