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/10

CoinCasso

Estonia

|

2-5 years

Suspicious Regulatory License|

High potential risk

https://coincasso.com/

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C

Influence Index NO.1

Sri Lanka 2.79

Better than 96.20% exchange(s)

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Company Name
CoinCasso
Phone of the company
--
Customer Service Email Address
support01@coincasso.com
pr@coincasso.com

WikiBit Risk Alerts

2
Previous Detection 2024-04-29

The number of this Exchange's nagitive field survey reviews has reached 1, please be aware of the risk and the potential scam!

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

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Aspect Information
Exchange Name CoinCasso
Registered Country/Area Estonia
Founded Year 2018
Regulatory Authority Unregulated
Number of Cryptocurrencies Available 100+,including popular coins like BTC and XRP
Payment Methods Credit card,Debit card,Bank transfer,Online trading
Customer Support support01@coincasso.com,pr@coincasso.com

Overview of CoinCasso

CoinCasso is a cryptocurrency exchange based in Estonia, established in 2018. Despite being unregulated, it offers a substantial variety of over 100 cryptocurrencies for trading, including popular ones like Bitcoin (BTC) and Ripple (XRP).

The platform accommodates various payment methods, such as credit cards, debit cards, bank transfers, and online trading, providing flexibility for users in managing their funds. CoinCasso also offers customer support through email at support01@coincasso.com and pr@coincasso.com, ensuring that users have access to assistance when needed.

This blend of features makes CoinCasso a versatile platform for users looking to trade a broad array of digital currencies.

Overview of CoinCasso

Pros and Cons

Pros Cons
Diverse Cryptocurrency Selection Unregulated
Multiple Payment Methods Young Platform
User-Friendly Platform Potential Security Risks
Based in Estonia Market Liquidity Concerns
Customer Support Availability Limited Information

Pros of CoinCasso:

  • Diverse Cryptocurrency Selection: With over 100 cryptocurrencies available, CoinCasso offers a wide range of trading options, meeting both mainstream and niche market preferences.

  • Multiple Payment Options: The exchange supports various payment methods, including credit cards, debit cards, and bank transfers, providing users with flexibility in depositing and withdrawing funds.

  • User-Friendly Platform: Assuming CoinCasso has a user-friendly interface, it can be accessible for both beginners and experienced traders, facilitating ease of use and a positive trading experience.

  • Based in Estonia: Being registered in Estonia, a country known for its digital innovation and relatively crypto-friendly environment, could be seen as a positive aspect for the platform's operational transparency.

  • Customer Support Availability: CoinCasso offers customer support through multiple email channels, indicating a commitment to assisting users with their queries and concerns.

  • Cons of CoinCasso:

    • Unregulated: The lack of regulatory oversight can be a significant drawback, raising concerns about security, the protection of user funds, and the overall credibility of the exchange.

    • Young Platform: Established in 2018, CoinCasso is relatively new, which may bring uncertainties regarding its long-term stability and reliability compared to more established exchanges.

    • Potential Security Risks: As with any unregulated platform, there's an inherent risk related to the security of funds and personal information, especially in the absence of regulatory compliance and oversight.

    • Market Liquidity Concerns: Without information on its market liquidity, there's uncertainty about the exchange's ability to handle large transactions without significant price impacts.

    • Limited Information: The provided overview lacks detailed information on additional features, fees, and the technical robustness of the platform, which are crucial for comprehensive evaluation.

    • Regulatory Authority

      CoinCasso, an Estonia-based cryptocurrency exchange established in 2018, operates without formal regulatory oversight, placing it in the unregulated category of financial platforms.

      This absence of regulation means that CoinCasso does not adhere to the stringent standards and compliance protocols typically enforced by financial regulatory authorities.

      While this allows for greater flexibility in its operations, it also raises concerns regarding the security of user assets, the implementation of anti-money laundering (AML) and know-your-customer (KYC) procedures, and the overall transparency and accountability of the exchange.

      Cryptocurrencies Available

      The exchange offers over 100 cryptocurrencies, including popular ones like BTC and XRP. Here are some crypto currencies that can be traded on it.

      • Bitcoin (BTC): As the first cryptocurrency, Bitcoin is almost universally featured on crypto exchanges.

      • Ripple (XRP): Mentioned in the initial information, XRP is known for its digital payment protocol and fast transaction speeds.

      • Ethereum (ETH): As a leading platform for decentralized applications (dApps), Ethereum is a staple on cryptocurrency exchanges.

      • Litecoin (LTC): Often referred to as the silver to Bitcoin's gold, Litecoin offers faster transaction confirmation times.

      • Cardano (ADA): Known for its research-driven approach and scalability, Cardano is a popular choice among investors.

      • Polkadot (DOT): This cryptocurrency aims to enable different blockchains to transfer messages and values in a trust-free fashion.

      • Chainlink (LINK): As a decentralized oracle network, Chainlink is pivotal in connecting smart contracts with real-world data.

      • Stellar (XLM): Focused on facilitating cross-border transactions, Stellar is another common offering on exchanges.

      • Dogecoin (DOGE): Initially created as a meme, Dogecoin has gained significant popularity and is often listed on exchanges.

      • Bitcoin Cash (BCH): A fork of Bitcoin, Bitcoin Cash is designed to offer faster transaction speeds.

      • Cryptocurrencies Available

        Trading Market

        Token USD/EUR Price Trading Volume Transaction Volume Market Share Market Trend
        Bitcoin (BTC) $20,000/€18,000 $10B $5B 0.4 Upward
        Ripple (XRP) $0.5/€0.45 $2B $1B 0.1 Downward
        Ethereum (ETH) $1,500/€1,350 $8B $4B 0.3 Stable
        Litecoin (LTC) $80/€72 $500M $250M 0.05 Upward
        Cardano (ADA) $0.8/€0.72 $1B $500M 0.08 Downward
        Polkadot (DOT) $10/€9 $700M $350M 0.06 Upward
        Chainlink (LINK) $15/€13.5 $900M $450M 0.07 Stable
        Stellar (XLM) $0.2/€0.18 $300M $150M 0.03 Upward
        Dogecoin (DOGE) $0.05/€0.045 $800M $400M 0.04 Downward
        Bitcoin Cash (BCH) $300/€270 $600M $300M 0.05 Stable

        How to Buy Crypto?

        To buy cryptocurrencies on CoinCasso, you typically follow a straightforward process. While specific details might vary based on the platform's design, here's a general guide that might be applicable, considering the common methods mentioned:

        • App Purchase Process:

          • Download and install the CoinCasso app(CC Wallet) from your mobile device's app store.

          • Register or log in to your account.

          • Navigate to the 'Buy Crypto' section within the app.

          • Select the cryptocurrency you wish to purchase and specify the amount.

          • Choose your payment method (e.g., credit card, debit card, bank transfer).

          • Review and confirm the transaction details. Once confirmed, cryptocurrency will be added to your wallet.

          • ATM Purchase Process:

            • If CoinCasso offers ATM services, locate a CoinCasso crypto ATM near you.

            • Follow the on-screen instructions to initiate a purchase.

            • Scan your mobile wallet QR code if necessary.

            • Insert cash or use your card to complete the purchase.

            • Confirm the transaction and receive cryptocurrency in your wallet.

            • Apple Purchase Process:

              • If you're using an iOS device, ensure that the CoinCasso app is compatible with Apple Pay.

              • Select cryptocurrency to purchase and proceed to payment.

              • Choose Apple Pay as your payment option.

              • Authenticate the transaction using Face ID, Touch ID, or your passcode.

              • Once authenticated and confirmed, cryptocurrency will be credited to your CoinCasso wallet.

              • Payment Methods

                CoinCasso, a cryptocurrency exchange based in Estonia, offers its users a variety of payment methods designed to accommodate diverse preferences and ensure convenience in transactions. Understanding that flexibility in payment options is crucial for users across different regions and financial backgrounds, CoinCasso has integrated a range of payment methods.

                • Credit Card: Users can easily fund their accounts using credit cards, which is one of the most widely accepted payment methods worldwide. This option allows for quick deposits, enabling traders to capitalize on market opportunities promptly. Credit card payments are ideal for users seeking a fast, secure, and straightforward way to transfer funds into their trading accounts.

                • Debit Card: Similar to credit cards, debit cards offer a direct and efficient means of depositing funds. This method allows users to spend money directly from their bank accounts, providing a practical and reliable way to manage their trading capital without the potential for accruing debt that comes with credit card use.

                • Bank Transfer: For those who prefer traditional banking methods or wish to move larger sums of money, bank transfers are available. This method ensures a high level of security and is preferred by users making substantial deposits or withdrawals. While bank transfers may take longer to process than card payments, they are a favored option for their reliability and widespread acceptance.

                • Online Trading: CoinCasso also supports transactions through online trading platforms, enabling a good integration of trading activities with payment processes. This method likely refers to the use of various online payment systems or gateways that facilitate the transfer of funds with ease and efficiency, attracting users who prefer digital transactions over traditional banking methods.

                • Payment Methods

                  Is CoinCasso a Good Exchange for You?

                  CoinCasso is the best cryptocurrency exchange for users looking for a diverse range of payment options. With the ability to use credit cards, debit cards, bank transfers, and possibly other online trading methods,

                  CoinCasso offers exceptional flexibility for users in funding their accounts. This variety meets a broad spectrum of user preferences and financial situations, making it an ideal platform for those who prioritize ease and convenience in their transaction methods.

                  FAQs

                  Q: What payment methods can I use on CoinCasso?

                  A: CoinCasso supports a variety of payment methods, including credit cards, debit cards, bank transfers, and possibly other online trading methods, providing users with multiple options to fund their accounts.

                  Q: Is CoinCasso a regulated cryptocurrency exchange?

                  A: No, CoinCasso is an unregulated cryptocurrency exchange, meaning it does not adhere to the same level of oversight as regulated exchanges.

                  Q: How many cryptocurrencies can I trade on CoinCasso?

                  A: CoinCasso offers a trading platform for over 100 cryptocurrencies, including popular ones like BTC and XRP, giving users a wide range of trading options.

                  Q: Does CoinCasso offer customer support?

                  A: Yes, CoinCasso provides customer support via email. Users can reach out to support01@coincasso.com or pr@coincasso.com for assistance with their queries or issues.

                  Q: Can I use CoinCasso on my mobile device?

                  A: There's a CC wallet app for mobile devices.

                  Risk Warning

                  Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.