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Börsrecension

CoinTree


Handelsavgift

BTC Uttagsavgift 0.000079 Taker Fee 0.25% Maker Fee 0.25%

Insättninsgmetoder

Yes Wire Transfer No Credit Card


CoinTree is an Australian centralized cryptocurrency exchange. It launched in 2013, which is a long time ago in the crypto world. Some people claim that 1 year in crypto is like 25 human years...

The exchange does not list US-investors as prohibited from trading, but US-investors should do their own independent assessment of any problems arising from their residency or citizenship.

Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. At this exchange, there is only a list of supported cryptocurrencies with accompanying order boxes. This makes it easily understandable for new crypto investors, while it might lack some features that more experienced traders look for. The below is a picture of the purchase interface at CoinTree:

CoinTree Purchase Interface

Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. Makers are so named because their orders make the liquidity in a market. Takers are the ones who remove this liquidity by matching makers’ orders with their own.

This exchange doesn’t charge different fees between takers and makers. Their fee model is instead something called a “flat fee model”. The level of the flat trading fee is 0.25%. This is exactly in line with the industry average that is arguably also on 0.25%.

The trading fees are also reduced if you have either referred a certain number of customers to the exchange, or, alternatively, if you have traded above a certain aggregate trading volume at the platform. The relevant levels and how they affect the trading fees can be found in the picture below*:

 

CoinTree Trading Fee Levels

* Referral commission for the Gold Tier is now 60% instead of 50% (updated on 11 January 2021).

CoinTree only charges the network fee when you withdraw cryptocurrency. This fee is below the industry average and thus constitutes a strong competitive advantage against the majority of other top crypto exchanges in the market. The global industry average withdrawal fee for cryptocurrency exchanges is 0.00053 BTC when you withdraw BTC. 

CoinTree offers wire transfer as a deposit method, but you can’t deposit via credit card. This of course negative news to you if you would prefer to use your credit card for any reason. Interestingly enough, however, you can deposit via cash at a local bank branch. You can also deposit money through a POLi transfer.