Coinhouse is a Paris-based BTC and ETH broker operated by La Maison du Bitcoin, which is also behind the Ledger Wallet device. The platform is popular for accepting payments from European credit cards or bank accounts while providing exchange rates aligned at Kraken's on additional fees.
Coinhouse is a good choice for buying or selling BTC and ETH in a regulated environment, provided the user isn't seeking anonymity and is willing to pay pretty high fees. The platform has an intuitive design, making it easy for anyone to use. However, due to market volatility and high fees, Coinhouse is mainly recommended for experienced traders.
Coinhouse security levels are exceptionally high. They offer 2FA and a withdrawal white list option. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure. Also, for withdrawals, users are required to pass an enhanced verification process providing proof of the validity of their identification documents.
Coinhouse is a service from La Maison du Bitcoin which also created the Ledger Nano Wallet. Legally, the exchange is operated by Coinhouse SAS, a company represented by Eric Larcheveque, who is also CEO for Ledger SAS, the company that sells Ledger hardware wallets.
Although Coinhouse is legally represented by Eric Larcheveque, the CEO of Ledger, the exchange doesn't offer a native wallet for its users. The high fees and mandatory ID verification are seen by many traders as off-putting features. Yet, there are European residents who value the safety and legitimacy Coinhouse offers and are willing to pay the high trade fees.
Deposit from bank account, Deposit using credit card, Withdrawal funds through a third party, Send/Receive Crypto
Coinhouse allows verified users to buy or sell BTC and ETH. Buying can be done with credit card (including 3D-secure non-EUR cards) or bank wire, while for selling, payments can be executed via SEPA transfer. The platform determines crypto prices by Kraken rates plus 6% - 10% commission fees. Instant delivery of crypto is promised upon payment.
Delays in receiving paid cryptocurrency; high fees, identity theft allegations