What is Coinstore?
Coinstore is a cryptocurrency exchange that allows users to trade a variety of digital assets. It aims to provide a secure and user-friendly platform with a range of trading features, including spot and margin trading.
Who is the Founder?
Coinstore was founded by a team of blockchain enthusiasts and professionals, though specific names of the founders are not widely publicized.
When Did It Start Operations?
Coinstore began operations in 2020.
Where Is It Based?
Coinstore is headquartered in Singapore.
In Which Countries Is It Banned?
Coinstore operates globally but may face restrictions in certain regions, including:
- United States: Coinstore may have limited services for U.S. residents due to regulatory constraints.
- China: Cryptocurrency exchanges are banned.
- Other Countries: Various jurisdictions may impose regulations that limit access to Coinstore’s services.
What Is the Trading Fee?
Coinstore’s trading fees typically range from 0.1% to 0.2%, depending on the specific trading pairs and user trading volume.
Is Margin Trading Available?
Yes, Coinstore offers margin trading, allowing users to trade with leverage. This feature enables traders to borrow funds to increase their positions, which can amplify potential returns but also increases risks.
