Cointed

Cointed

Cointed
In Social Media:
Intuitive Ease of use,  Enough secure,  Anonymously trading

Cointed is a cryptocurrency trading platform that offers several advanced features. The platform enables access to Bitcoin ATM's, green mining, and several payment solutions for retailers of all sizes. They provide a safe and simple way of trading cryptocurrencies which allows any investor to use their services at any time.

Cointed markets itself as the easiest way of introducing cryptocurrencies to all type of investors. The platform provides a very easy to use and clean user-interface. There are not too many complaints regarding the functionality of this platform and users come down in favor of both the long and short term savings from Cointed.

Traditional Currency Support

  • Euros (EUR)
  • Turkish Lira (TRY)
  • US Dollar (USD)

Language Support

  • English
  • German

Country Support

  • European Union

Platforms Systems

  • Web Interface

Partners and integrated software

  • Trezor
  • Ledger

Stock Market Options

Interface
customisation:

  • Allows customization of charts
  • Allows the movement or resizing of boxes
  • Allows Advanced and Basic option
  • Allows customized alerts and notifications

Advanced
Options:

  • Limit Order
  • Market Order

Cointed 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.

Summary:

2 Factor Authentication
Yes
Funds Insured
Funds are not insured
Private Keys Stored On
Exchange platform
Storage Type
Hot storage

Advanced Security Features:

  • Limit amount of daily trades
  • Limit amount of daily withdrawls

Security Features:

  • PGP/GPG email encryption

Cointed is operated by Cointed GmbH, a company based in Kufstein, Austria. The founders are Wolfgang Thaler and Christopher Rieder. Both of them are passionate Bitcoin traders and have managed to find a way of working together with the purpose of making access to cryptocurrencies as easy as possible.

Summary:

Overall, Cointed offers a very easy way of trading cryptocurrencies. They offer a variety of coins and payments are fast and simple. They were accused of lying to their clients by claiming to develop their own technologies, which has affected their level of trust. Transparency should be a priority for Cointed in future but, for now, users should exercise caution when using the platform.

Ease of use
Intuitive
Transaction Fees
0.8% +
Deposit/Withdrawal Fee
0.8% +
Deposit/Withdrawal Fee c For Bank Transfer
0.8% -1.0
Deposit/Withdrawal Fee For Credit Card
1.1+
Deposit/Withdrawal Fee Charged For 3rd party Payments
1.1+
Anonymous Trading
Yes

Deposit/Withdrawal Options:

Deposit from bank account, Deposit using credit card, Deposit using 3rd party, Deposit using an ATM (Special BTC ATM), Withdrawl funds to bank account, Withdrawal funds to credit card, Withdrawal funds through a third party, Withdrawal from ATM (Special BTC ATM), Send/Receive Crypto

Functionality:

The platform provides a wide range of products and services. The user can order cryptocurrency equipment like hardware wallets and mining tech. Cointed has a 60-second timer which updates prices in real-time. Users can buy or sell crypto directly from the platform or using their trade market service. There is a diversity of coins and users can choose between multiple currencies.

Most common
customer complaint:

Stolen funds