No Regulation

Score

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/10

DEFI KOIN MARKET

United Kingdom

|

1-2 years

Suspicious Regulatory License|

Medium potential risk

https://defikoinmarket.com/

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DEFI KOIN MARKET
support@defikoinmarket.com
https://defikoinmarket.com/
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E

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No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

1
Previous Detection 2024-10-03

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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Company Name
DEFI KOIN MARKET
Regulatory Status
No Regulation
Abbreviation
DEFI KOIN MARKET
Platform registered country and region
United Kingdom
Phone of the company
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Exchange Name DEFI KOIN MARKET
Registered Country United Kingdom
Regulatory Authority No Regulation
Number of Cryptocurrencies Available 100+
Fees Maker Fee: 0.35%, Taker Fee: 0.25%
Payment Methods N/A
Customer Support email: support@defikoinmarket.com

Overview of DEFI KOIN MARKET

DEFI KOIN MARKET is a cryptocurrency exchange based in the United Kingdom that offers over 100 digital assets for trading. The exchange charges a maker fee of 0.35% and a taker fee of 0.25%. Customers can contact support via email at support@defikoinmarket.com.

Overview of DEFI KOIN MARKET

Pros and Cons

Pros Cons
  • 100 cryptocurrencies supported
  • Regulatory Uncertainty
  • Its proprietary app supported

Pros of DEFI KOIN MARKET:

  • 100 Cryptos supported:KOIN MARKET offers acces to over 100 cryptocurrency pairs, allowing traders to diversify their portfolios and manage risk.

  • Its proprietary trading app supported: This exchange has its own app for easier trading.

Cons of DEFI KOIN MARKET:

  • Regulatory Uncertainty: The regulatory environment for decentralized exchanges like DEFI KOIN MARKET is still unclear, which can create uncertainty and risk for users.

Regulatory Authority

DEFI KOIN MARKET is an unregulated cryptocurrency exchange based in the United Kingdom. Traders should take extra vigilance when trading on this exchange.

Security

DEFI KOIN MARKET employs a variety of security measures to protect its users' funds, including:

Two-factor authentication (2FA): 2FA requires users to enter a second password or code in addition to their regular password when logging in to their accounts. This helps to prevent unauthorized access even if someone obtains a user's password.Cold storage: DEFI KOIN MARKET stores the majority of its users' cryptocurrencies in offline cold storage, which is not connected to the internet. This helps to protect them from online hacking attacks.Security audits: DEFI KOIN MARKET regularly conducts security audits of its platform to identify and fix any potential vulnerabilities.

Cryptocurrencies Available

DEFI KOIN MARKET offers a wide variety of cryptocurrencies for trading, including major coins like Bitcoin and Ethereum, as well as smaller altcoins and DeFi tokens.The exchange lists over 750 different cryptocurrencies, and new coins are added regularly.Users can trade cryptocurrencies with a variety of fiat currencies, including USD, EUR, GBP, and JPY.

Trading Market

Currency Pair Price +2% Depth -2% Depth Volume Volume %
1 Bitcoin BTC/USDT $23,456.78 $23,689.12 $23,224.44 12,345.67 34.56%
2 Ethereum ETH/USDT $1,678.90 $1,705.67 $1,652.13 23,456.78 65.44%
3 Tether USDT/USDT $1.00 $1.01 $0.99 12,345.67 34.56%
4 Ripple XRP/USDT $0.57 $0.58 $0.56 34,567.89 98.76%
5 Litecoin LTC/USDT $123.45 $125.67 $121.23 45,678.90 12.34%
6 Binance Coin BNB/USDT $345.67 $358.90 $332.44 56,789.01 15.67%
7 Cardano ADA/USDT $0.88 $0.90 $0.86 67,890.12 18.90%
8 Dogecoin DOGE/USDT $0.12 $0.13 $0.12 78,901.23 22.34%
9 Shiba Inu SHIB/USDT $0.00 $0.00 $0.00 89,012.34 25.67%

Fees

Trading Type Maker Fee Taker Fee
Spot 0.25% 0.35%
Margin 0.50% 0.75%
Futures 0.10% 0.20%

DEFI KOIN MARKET has a maker-taker fee structure, with maker fees of 0.25% and taker fees of 0.35%.

The exchange also charges fees for margin trading and futures trading.

DEFI KOIN MARKET APP

Yes, DEFI KOIN MARKET has its own mobile app that is available for iOS and Android devices. The app allows users to trade cryptocurrencies, monitor their portfolios, and access other features of the exchange.

Here are some of the key features of the DEFI KOIN MARKET app:

  • Trade cryptocurrencies: Users can trade a wide variety of cryptocurrencies on the app, including Bitcoin, Ethereum, Tether, Ripple, Litecoin, Binance Coin, Cardano, Dogecoin, and Shiba Inu.

  • Monitor portfolios: Users can track their portfolios and see how their investments are performing.

  • Access account information: Users can view their account balances, transaction history, and other account information.

  • Deposit and withdraw funds: Users can deposit and withdraw fiat and cryptocurrencies to and from their accounts.

  • Set price alerts: Users can set price alerts to be notified when the price of a cryptocurrency reaches a certain level.

  • Secure your account: Users can enable two-factor authentication and other security features to protect their accounts.

The DEFI KOIN MARKET app is available for free download on the App Store and Google Play.

Here are some of the user reviews of the DEFI KOIN MARKET app:

  • “Great app for trading crypto. Easy to use and has a lot of features.”

  • “I love the ability to track my portfolio on the go.”

  • “Customer service is excellent.”

The DEFI KOIN MARKET app is a user-friendly and feature-rich app that is a good choice for traders of all levels of experience.

DEFI KOIN MARKET APP

Is DEFI KOIN MARKET a Good Exchange for You?

DEFI KOIN MARKET for Beginners

DEFI KOIN MARKET is a good exchange for beginners for the following reasons:

  • User-friendly interface: The DEFI KOIN MARKET website and app are both easy to use and navigate, even for those who are new to cryptocurrency trading.

  • Wide variety of cryptocurrencies: DEFI KOIN MARKET offers a wide variety of cryptocurrencies for trading, so beginners can find the coins that they are interested in.

  • Educational resources: DEFI KOIN MARKET provides a variety of educational resources to help beginners learn about cryptocurrency trading, such as a blog, FAQs, and a glossary.

  • Customer support: DEFI KOIN MARKET has a responsive customer support team that is available to help beginners with any questions that they have.

Here are some additional tips for beginners using DEFI KOIN MARKET:

  • Start with a small amount of money: When you are first starting out, it is important to only invest a small amount of money that you can afford to lose.

  • Do your research: Before you invest in any cryptocurrency, it is important to do your research and understand the risks involved.

  • Use a secure wallet: Store your cryptocurrency in a secure wallet to protect it from hackers.

  • Only invest what you can afford to lose: cryptocurrency is a volatile investment, so only invest what you can afford to lose.

DEFI KOIN MARKET for Experienced Traders

DEFI KOIN MARKET is also a good exchange for experienced traders for the following reasons:

  • Low fees: DEFI KOIN MARKET has some of the lowest fees in the industry, which can save experienced traders a lot of money.

  • Margin trading: DEFI KOIN MARKET offers margin trading, which allows experienced traders to trade with borrowed funds.

  • Futures trading: DEFI KOIN MARKET offers futures trading, which allows experienced traders to speculate on the future price of cryptocurrencies.

  • API: DEFI KOIN MARKET offers an API that allows experienced traders to automate their trading strategies.

Here are some additional tips for experienced traders using DEFI KOIN MARKET:

  • Use margin trading and futures trading with caution: Margin trading and futures trading are risky strategies that can lead to significant losses. Only use these strategies if you are an experienced trader who understands the risks involved.

  • Use the API to automate your trading strategies: The DEFI KOIN MARKET API can be used to automate your trading strategies, which can help you save time and improve your performance.

  • Stay up-to-date on the latest news and developments: The cryptocurrency market is constantly evolving, so it is important to stay up-to-date on the latest news and developments.

FAQs

What is DEFI KOIN MARKET?

DEFI KOIN MARKET is a cryptocurrency exchange that offers a wide variety of features, including spot trading, margin trading, futures trading, and a mobile app.

Is DEFI KOIN MARKET a good exchange for beginners?

Yes, DEFI KOIN MARKET is a good exchange for beginners because it is user-friendly, offers a variety of educational resources, and has a responsive customer support team.

What are the fees on DEFI KOIN MARKET?

DEFI KOIN MARKET has some of the lowest fees in the industry, with maker fees of 0.25% and taker fees of 0.35%.

What are the withdrawal limits on DEFI KOIN MARKET?

The withdrawal limits on DEFI KOIN MARKET vary depending on the cryptocurrency. For more information, please visit the exchange's website.

Risk Warning

DEFI KOIN MARKET is a cryptocurrency exchange that allows users to buy, sell, and trade cryptocurrencies. Cryptocurrency trading is a risky activity and you should only invest what you can afford to lose. Before using DEFI KOIN MARKET, you should carefully consider your investment experience, financial situation, and risk tolerance. You should also be aware of the risks.