CoinField

Overview of CoinField

　　CoinField is a virtual currency exchange that was founded in 2017 and registered in Estonia. It operates under the regulatory authority of the MajandusTegevuse Register (MTR). CoinField offers a wide range of cryptocurrencies for trading, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and many more.

　　One of the notable features of CoinField is its maximum leverage, which can go up to 100x. This allows traders to amplify their potential returns, but it also comes with higher risks. CoinField provides its users with multiple trading platforms, including CoinField WebTrader and CoinField Pro mobile app, offering convenience and flexibility for trading on the go.

　　CoinField supports both cryptocurrency and fiat currency deposits and withdrawals, with multiple payment methods available. This provides users with flexibility in managing their funds. Additionally, CoinField offers a wide range of educational resources on its website, including tutorials, guides, and articles, which can assist users in expanding their knowledge and understanding of virtual currency trading.

　　CoinField prides itself on offering 24/7 customer support through various channels, including live chat, email, and phone. This ensures that users can easily reach out for assistance whenever they need it.

　　Overall, CoinField is a reputable virtual currency exchange with a strong presence in the Canadian market. Its commitment to regulatory compliance, diverse range of cryptocurrencies, maximum leverage options, convenient trading platforms, extensive educational resources, and round-the-clock customer support make it a viable choice for traders looking to engage in virtual currency trading.

Pros and cons

　　CoinField has several advantages that make it a popular choice among virtual currency traders. Firstly, CoinField operates under the regulatory authority of MTR, ensuring strong compliance and security measures. This provides users with peace of mind knowing that their funds and personal information are protected.

　　Secondly, CoinField offers a wide range of cryptocurrencies for trading, including popular options like Bitcoin, Ethereum, Ripple, and Litecoin. This diverse selection allows traders to explore different investment opportunities and diversify their portfolios.

　　Thirdly, CoinField provides a maximum leverage option of up to 100x, which can potentially amplify returns for traders. However, it is important to note that leverage also comes with higher risks, and traders should exercise caution and risk management strategies.

　　On the other hand, there are a few drawbacks to consider when using CoinField. Firstly, some users may find the user interface of the trading platforms, such as CoinField WebTrader and CoinField Pro mobile app, to be less intuitive compared to other exchanges.

　　In addition, while CoinField offers 24/7 customer support, some users have reported longer response times or difficulties in reaching support representatives. It's important for traders to have prompt and efficient support when they encounter issues or have concerns.

　　Overall, CoinField offers a reliable and secure platform for virtual currency trading with its strong regulatory compliance, diverse cryptocurrency options, and maximum leverage. However, users should be aware of the potential drawbacks related to the user interface and customer support.

Regulatory Authority

　　WikiBit obtains regulatory information through various channels, including official regulatory websites, public records, and direct communication. The platform's team verifies the authenticity of regulatory licenses and certifications by cross-referencing the information from multiple reputable sources. WikiBit aims to offer reliable and accurate regulatory information to help traders make informed decisions when choosing exchange/token/project.

　　CoinField's commitment to regulatory compliance shines through its operation under the watchful eye of the MajandusTegevuse Register (MTR, No. FVT000111). This affiliation with a regulatory authority underscores the platform's dedication to upholding industry standards and fostering a secure trading environment for its users. The fact that CoinField operates under such regulation not only assures traders of its legitimacy but also demonstrates its willingness to adhere to established guidelines. This proactive approach to regulatory oversight speaks volumes about CoinField's intention to create a trustworthy and accountable trading platform, aligning with the increasing need for transparency and security within the crypto landscape.

Security

　　CoinField prioritizes security measures to ensure the protection of user funds and personal information. While specific details regarding the protection measures are not provided, it can be assumed that CoinField implements industry-standard security protocols such as encryption and two-factor authentication.

　　Additionally, users should exercise caution and follow best practices to enhance their security when using the platform. This includes maintaining strong passwords, regularly updating software and devices, and being vigilant against phishing attempts or suspicious activities.

　　Overall, the security of CoinField can be considered in line with industry standards, but users should always stay informed and take necessary precautions to protect their assets and personal information.

Cryptocurrencies available

　　CoinField offers a wide range of cryptocurrencies for trading, including popular options like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and many more. The availability of these cryptocurrencies allows traders to explore different investment opportunities and diversify their portfolios.

　　When it comes to cryptocurrency price fluctuations, it is important to note that the prices of cryptocurrencies can vary significantly on different exchanges due to factors such as market demand and liquidity. Therefore, the prices of cryptocurrencies on CoinField may not necessarily reflect the prices on other exchanges. Traders can monitor the price fluctuations on CoinField and make informed decisions based on their trading strategies.

How to open an account？

　　The registration process of CoinField can be completed in the following steps:

• 　　Visit the CoinField website and click on the “Sign Up” button to begin the registration process.



　　2. Provide your email address and create a strong password for your account.



　　3. Verify your email address by clicking on the confirmation link sent to your registered email.

　　4. Complete the required KYC (Know Your Customer) verification process by providing your personal information, such as your full name, date of birth, and residential address.

　　5. Upload the necessary identification documents, such as a valid government-issued ID or passport, to verify your identity.

　　6. Once your KYC verification is completed and approved, you can login to your CoinField account and start trading and managing your funds.

Fees

　　CoinField's fee structure is designed with clarity and simplicity in mind. Fees are applied to each trade and are determined based on the 30-day trade volume. This approach ensures that traders have a straightforward understanding of their trading costs. The maker fee ranges from 0% to 0.15%, while the taker fee varies between 0.02% and 0.25%.

　　This tiered fee model caters to different trading volumes and provides an incentive for higher volume traders. The flexibility in fees means that whether you're making a market or taking liquidity, you can find a fee rate that suits your trading style and frequency. It's a user-friendly approach that empowers traders to navigate the fee structure with ease and make informed decisions.

Tier	30 Day Trade Volume (USD)	Maker Fee	Taker Fee
1	0 - 50K	0.15%	0.25%
2	50K - 100K	0.13%	0.23%
3	100K - 250K	0.11%	0.21%
4	250K - 500K	0.09%	0.19%
5	500K - 2.5M	0.07%	0.17%
6	2.5M - 5M	0.04%	0.08%
7	Above 5M	Free	0.02%

　　Deposit & Withdrawal

　　CoinField provides users with flexibility in managing their funds by supporting both cryptocurrency and fiat currency transactions for deposits and withdrawals. This means that users can use either cryptocurrencies or traditional fiat currencies to deposit and withdraw funds from their CoinField accounts. CoinField offers users around the world multiple options for managing their funds from their bank accounts. These choices include Visa, MasterCard, Paypal, SEPA, Wire Transfer, ETF, Interac, and MuchBetter.



　　The platform prides itself on having no deposit fees for all cryptocurrencies, ensuring that users can seamlessly fund their accounts without unnecessary costs. However, when it comes to withdrawals, minimum withdrawal amounts and associated fees vary based on the specific cryptocurrency. It's essential to refer to the provided table for comprehensive details.

Cryptocurrency	Deposit Fee	Minimum Withdrawal	Withdrawal Fee
CoinField Coin (CFC)	Free	50	35
Ripple (XRP)		50	15
Bitcoin (BTC)		0.004	0.0015
Ethereum (ETH)		0.08	0.075
Bitcoin Cash (BCH)		0.08	0.04
Bitcoin Gold (BTG)		1.0	0.2
Dash (DASH)		0.1	0.08
DigiByte (DGB)		1000	10
Litecoin (LTC)		0.1	0.08
USD Coin (USDC)		40	30
Tether USD (USDT)		40	30
Basic Attention Token (BAT)		95	89
Civic (CVC)		900	850
Loom Network (LOOM)		800	750
OMG Network (OMG)		10	9.8
Augur (REP)		/	/
SALT		30	6
0x (ZRX)		100	80
Builder Coin (BLDR)		/	/
Ecoinomy Coin (ECM)		/	/
Cudos (CUDOS)		2000	1000
Binance (BNB)		0.07	0.025
KAMPAY		6000	3000
Sologenic (SOLO		/	/
Flare (FLR)		100	50
Songbird (SGB)		300	200
Tron (TRX)		1.0	0.1
Stellar (XLM)		100	5
Zcash (ZEC)		0.1	0.08
Zilliqa (ZIL)		200	49

　　If you're located outside the EEA countries, Canada, or the UK, it's important to note that your account falls under the BVI license. Consequently, you won't have the option to conduct deposits or withdrawals in fiat currency.

　　CoinField's diverse range of payment methods and transparent fee structure aims to accommodate a global user base while ensuring clarity and convenience in financial transactions.

Educational Resources

　　CoinField offers a wide range of educational resources and tools to help users enhance their understanding of virtual currency trading. These resources include trading guides, video tutorials, and articles that cover various topics related to cryptocurrency trading.

Is CoinField a Good Exchange for You？

　　CoinField may be suitable for several trading groups due to its regulatory compliance, diverse cryptocurrency options, and maximum leverage option. Here are some target groups that may find CoinField suitable:

　　1. Experienced Traders: CoinField's strong regulatory compliance and security measures may appeal to experienced traders who prioritize safety and compliance. The wide range of cryptocurrencies available for trading can provide ample investment opportunities for traders with a deep understanding of the market.

　　2. Risk-tolerant Traders: The maximum leverage option of up to 100x may attract risk-tolerant traders who are looking to potentially amplify their returns. However, it's important for traders in this group to exercise caution and implement risk management strategies to mitigate the higher risks associated with leverage.

　　3. Diversification Enthusiasts: CoinField's diverse selection of cryptocurrencies allows traders to explore different investment opportunities and diversify their portfolios. Traders who value portfolio diversification may find this aspect appealing.

　　4. Traders Seeking 24/7 Trading: CoinField's 24/7 customer support may be attractive to traders who require round-the-clock access to trading and support services. This can be particularly beneficial for traders located in different time zones or those who prefer the flexibility of trading at any time.

　　It is important for traders in these target groups to conduct their own research and consider their individual trading goals, risk tolerance, and preferences before choosing CoinField or any other virtual currency exchange.

CoinField User Review

　　User 1:

　　Alright, let's talk CoinField – first off, their interface is pretty slick. Navigating through trades feels like a breeze. But here's the kicker – they've got some tight security measures going on. Knowing my crypto is in good hands？ Major peace of mind. Oh, and guess what？ They're playing by the rules under the MajandusTegevuse Register (MTR, No. FVT000111). That's a thumbs-up for regulation. Now, on the downside, their cryptocurrency variety is a bit meh. I mean, I like options, you know？ And about fees, they're not exactly the lowest in the game. Customer support？ Sometimes they're lightning-fast, but other times it's like waiting for a snail race. So, overall, solid security and regulation, but there's room for improvement elsewhere.

　　User 2:

　　CoinField's slick interface and Fort Knox-level security stand out. They're regulated under the MajandusTegevuse Register. While fees aren't the cheapest, transactions are speedy and stable. Customer support varies, and privacy feels solid.

　　

　　

Conclusion

　　In conclusion, CoinField prioritizes security and offers a wide range of cryptocurrencies for trading, providing users with diverse investment opportunities. The exchange's regulatory compliance and security measures may appeal to experienced traders, while the maximum leverage option could attract risk-tolerant traders. Additionally, the 24/7 customer support can be beneficial for traders who require round-the-clock access.

FAQs

　　Q: What types of cryptocurrencies are available for trading on CoinField？

　　A: CoinField offers a wide variety of cryptocurrencies for trading, including popular options like Bitcoin, Ethereum, Ripple, Litecoin, and many more.

　　 Q: What are the deposit and withdrawal methods supported by CoinField？

　　A: Depending on where you are in the world, you have a few ways to choose how to send and receive funds from your bank account, including Visa, MasterCard, Paypal, SEPA, Wire Transfer, ETF, Interac and MuchBetter.

　　 Q: Does CoinField provide educational resources and tools for users？

　　A: Yes, CoinField offers various educational resources and tools, such as trading guides, video tutorials, and articles, to help users enhance their understanding of virtual currency trading.

　　Q: Who would find CoinField suitable for trading？

　　A: CoinField may be suitable for experienced traders who prioritize safety and compliance, risk-tolerant traders looking for maximum leverage options, traders seeking portfolio diversification, and those who require round-the-clock trading access.

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.