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Buy and Sell Cryptocurrency instantly on Coinfalcon Coin Exchange – Villy – The Solution Inventors Platform

Buy and Sell Cryptocurrency instantly on Coinfalcon Coin Exchange

CoinFalcon is a UK cryptocurrency exchange which has changed a lot since our initial review. The current iteration, as of May 2018, targets mostly European clients. The company supports SEPA Bank Transfers and EUR is the only fiat currency available.

CoinFalcon Advantages

– Location. CoinFalcon is a UK cryptocurrency exchange and it seems it offers its services throughout the EU. The website also has a version in German. We have come across claims that CoinFalcon was regulated, but we did not find confirmation of this. Besides, there are no specific EU requirements for the cryptocurrency exchanges, except that they apply KYC and AML procedures.

 

– Robust Safety. CoinFalcon says it stores 98% of the funds in an offline cold storage, which, presumably, is quite safe. On the other hand, however, we did not find the two-factor authentication option, at least upon registering.

 

– Competitive trading fees. CoinFalcon charges market “takers” fees as high as 0.20%, which can go lower for bigger traders. Even the highest possible ones are in line with the current state of the industry. Market “makers” on the other hand don’t pay anything, which is a measure aimed at attracting liquidity.

 

– Fund recovery. CoinFalcon provides the service of recovering funds sent to the wrong address. This is done manually, for a EUR 20 fee and there is no guarantee it will be successful. Still, it is a useful service for those who send coins to the wrong address, which seems to be a fairly common mistake.

 

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– Over 30 coins. The list of available assets at CoinFalcon has grown over 30. The top coins on offer include BTC, BCH, LTC, ETH, XRP, IOTA, NANO, TRX, GNT, DOGE, ADA and more. Trading is mostly done against BTC and ETH, as only four assets are paired with the EUR.

 

– Two nice layouts. The different interfaces at CoinFalcon are aimed at newcomers and veterans to crypto (and trading altogether).

 

The simple one, which apparently “scoops” the order book looks like this:

 

Those who are willing to get a more precise entry will be greeted by this platform (featuring charting from TradingView, one of the best third party providers):

 

 

– Low deposit and withdrawal fees. The one Euro fee per Bank Transfer applied by this company shouldn’t impact traders that much. Additionally the cryptocurrency withdrawal fees are much lower than the ones provided at other exchanges, with the Bitcoin one being 0.00008 BTC.

Are you Ready to start Trading and Exchange?

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