Coinledger is a cryptocurrency exchange that was established in 2020 with a mission to provide traders with a secure and reliable platform for buying and selling digital assets. In this review, we will take a closer look at some of the key features and benefits of the platform.
Company Overview
Coinledger is a cryptocurrency exchange that was founded in 2020. The exchange is headquartered in Singapore and aims to provide a reliable and secure platform for buying and selling cryptocurrencies. Coinledger is a relatively new exchange, but it has already gained a reputation for offering competitive fees and a user-friendly interface.
Trading Assets
Coinledger offers a wide range of trading instruments across various asset classes, providing traders with the opportunity to diversify their portfolios. Here are the details of the trading instruments available on Coinledger:
- Cryptocurrencies: Coinledger offers trading in over 50 cryptocurrencies, including popular ones like Bitcoin, Ethereum, Ripple, Litecoin, and more.
- Forex: Traders can access the forex market through Coinledger and trade major currency pairs, such as EUR/USD, USD/JPY, GBP/USD, and more.
- Commodities: Coinledger provides trading in commodities like gold, silver, and crude oil, allowing traders to diversify their portfolios.
- Indices: Traders can trade on the performance of global stock market indices, including the US 500, UK 100, Germany 30, and more.
- Stocks: Coinledger also offers trading in some of the world's most popular stocks, including Apple, Amazon, Tesla, and more.
- Futures: Traders can trade futures contracts on commodities, indices, and forex on Coinledger.
Trading Platform
Coinledger offers a user-friendly trading platform that is accessible via both desktop and mobile devices. The platform is designed to provide traders with a seamless trading experience, with a range of advanced trading tools and features.
The Coinledger trading platform offers the following features:
- User-friendly interface: The platform has an intuitive and easy-to-use interface that allows traders to quickly and easily navigate through the platform.
- Advanced charting tools: The platform has a range of advanced charting tools that enable traders to analyze price movements and identify potential trading opportunities.
- Trading indicators: The platform has a range of technical indicators that traders can use to help them make informed trading decisions.
- One-click trading: The platform allows traders to place trades with just one click, making it faster and more efficient to execute trades.
- Multiple order types: The platform supports a range of order types, including limit orders, market orders, and stop-loss orders.
- Mobile trading: The platform is available on both iOS and Android devices, allowing traders to access their accounts and trade on the go.
Commission and Spread
Trading Instrument |
Commission Fee |
Forex |
$7 per lot |
Metals |
$7 per lot |
Energies |
$7 per lot |
Indices |
$7 per lot |
Cryptocurrencies |
0.20% |
It's important to note that commission fees may vary based on the account type and trading platform used. Please check with Coinledger directly for the most up-to-date information on their commission fees.
Another Information
Coinledger offers three types of trading accounts: Basic, Standard, and Premium. Each account has different commission rates.
For Basic accounts, the commission rate is 0.15% per trade. For Standard accounts, the commission rate is 0.10% per trade. And for Premium accounts, the commission rate is 0.05% per trade.
It's worth noting that Coinledger's commission rates are already competitive compared to other cryptocurrency exchanges. Plus, the fees can be further reduced if traders use Coinledger's native token, which offers discounts on trading fees.
Coinledger's commission fees are reasonable and attractive to traders who are looking to minimize their transaction costs.
Leverage
Coinledger offers a maximum leverage of up to 1:500, allowing traders to amplify their positions and increase potential profits. However, it's important to note that high leverage can also increase potential losses, so traders should use caution and always implement risk management strategies.
Trading Instrument |
Maximum Leverage |
Forex |
1:500 |
Commodities |
1:100 |
Indices |
1:200 |
Cryptocurrencies |
1:50 |
Stocks |
1:20 |
CoinLedger Payment Method
Deposit
CoinLedger offers a variety of deposit and withdrawal options to cater to the needs of its clients. The following methods are available for depositing funds:
- Bank transfer: Clients can deposit funds using a bank transfer from their bank account. CoinLedger provides bank details for deposits in different currencies.
- Credit/debit card: Clients can deposit funds using a credit or debit card. Visa and Mastercard are accepted.
- Cryptocurrency: Clients can deposit funds using a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple.
The minimum deposit amount for each method may vary depending on the currency and the country of the client. It is important to note that CoinLedger does not charge any deposit fees.
Withdrawal
As for withdrawals, CoinLedger offers the following methods
- Bank transfer: Clients can withdraw funds using a bank transfer to their bank account. The minimum withdrawal amount may vary depending on the currency and the country of the client. CoinLedger does not charge any withdrawal fees, but the client's bank may charge a fee.
- Cryptocurrency: Clients can withdraw funds using a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple. The minimum withdrawal amount may vary depending on the cryptocurrency and the country of the client. CoinLedger does not charge any withdrawal fees.
It is important to note that withdrawals can only be made to the same account that was used for the deposit. This is a security measure to prevent fraud and money laundering. Withdrawal requests are processed within 1-3 business days, depending on the method chosen and the verification status of the client's account.
Higher Payment Information
Payment Method |
Deposit Fee |
Withdrawal Fee |
Bitcoin |
Free |
0.0005 BTC |
Ethereum |
Free |
0.01 ETH |
Litecoin |
Free |
0.001 LTC |
Bitcoin Cash |
Free |
0.0005 BCH |
Ripple |
Free |
0.1 XRP |
Bank Transfer |
Free |
0.5% (min $20) |
Credit Card |
4.5% + $0.30 |
Not available |
Note that while deposits are free for all payment methods, there are withdrawal fees associated with each method. For cryptocurrency withdrawals, the fees are fixed based on the amount being withdrawn, while for bank transfers, the fee is a percentage of the withdrawn amount (with a minimum of $20).
Education of CoinLedger
CoinLedger offers a range of educational resources and tools to help traders improve their skills and knowledge of the financial markets. The educational offerings include:
- Trading Academy: CoinLedger's Trading Academy provides educational content for traders of all levels. The academy covers a range of topics, including market analysis, technical analysis, risk management, and trading psychology. The academy also offers interactive courses, video tutorials, and webinars.
- Trading Signals: CoinLedger provides daily trading signals to its clients, which are based on the analysis of market data and market trends. The signals can help traders identify potential trading opportunities and make informed trading decisions.
- Market Analysis: CoinLedger provides regular market analysis and commentary to help traders stay informed about market events and trends. The analysis includes fundamental analysis, technical analysis, and market news.
- Economic Calendar: CoinLedger's economic calendar provides traders with up-to-date information on key economic events and data releases. The calendar includes a range of economic indicators, such as GDP, employment figures, and inflation data.
- Trading Tools: CoinLedger offers a range of trading tools, including a risk management calculator, a position size calculator, and a margin calculator. These tools can help traders manage their risk and make informed trading decisions.
Customer Support
CoinLedger offers customer support services to its clients through multiple channels.
The first option is a live chat feature available 24/7 on the platform's website. Clients can use this feature to contact a customer support representative and receive immediate assistance with any issues or questions they may have.
CoinLedger also provides customer support via email. Clients can send an email to the support team, and they will receive a response within 24 hours.
In addition, the platform offers a comprehensive FAQ section that covers a wide range of topics related to the trading process, account management, and more. The FAQ section can be accessed from the platform's website and is a valuable resource for clients seeking quick answers to common questions.
Lastly, CoinLedger has an active social media presence, with accounts on popular platforms such as Twitter and Facebook. Clients can follow these accounts to stay up-to-date on platform news and updates, as well as reach out to the customer support team with any inquiries.
Overall, CoinLedger's customer support services are comprehensive and accessible, with multiple channels for clients to get in touch with the platform's support team.
FAQ
What is CoinLedger?
CoinLedger is a cryptocurrency trading platform that allows users to trade a variety of digital assets.
How do I open an account on CoinLedger?
To open an account on CoinLedger, you need to provide your email address and password. You will also need to verify your identity and complete the KYC process.
What cryptocurrencies can I trade on CoinLedger?
CoinLedger allows users to trade a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and more.
What is the minimum deposit on CoinLedger?
The minimum deposit on CoinLedger varies depending on the cryptocurrency you wish to deposit.
How do I make a deposit on CoinLedger?
To make a deposit on CoinLedger, log in to your account and go to the deposit section. Select the cryptocurrency you wish to deposit and follow the instructions.