China
|1-2 years
Suspicious Regulatory License|
Medium potential risk
https://coinfalcon.ltd/app/#/
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It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!
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https://coinfalcon.ltd/app/#/
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CoinFalcon is a UK-based cryptocurrency exchange that has been providing trading services since 2017. It allows users to trade various cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) with fiat currencies, particularly the Euro (EUR). The platform is designed with an intuitive interface, ensuring a user-friendly experience, and offers features such as instant trading, real-time balance updates, and notifications 。
Security is a priority for CoinFalcon, as evidenced by the measures they have in place, including storing a significant portion of digital assets in cold wallets and offering two-factor authentication (2FA) for user accounts 。The exchange also claims to have a fund recovery service for transactions sent to incorrect addresses, albeit with a one-time charge of 20 EUR 。
In terms of fees, CoinFalcon is transparent, with no deposit fees and competitive withdrawal fees. It provides a maker-taker fee model, encouraging liquidity by not charging fees for makers 。However, some users have reported issues with the platform, such as delisting coins without warning, leading to inaccessible funds, and other customer service concerns 。
It's important to note that CoinFalcon does not support US customers and has certain restrictions on operation in some states of the US 。The exchange also offers a referral program, allowing users to earn a commission from the trading fees of referred new users 。
Despite some negative reviews and concerns about security, CoinFalcon aims to provide a straightforward and secure platform for cryptocurrency trading, with a focus on user experience and competitive fees 。Users considering CoinFalcon should weigh these factors and conduct their research, considering both the platform's features and the potential risks 。
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