What is Coinfalcon?
CoinFalcon, established in 2017, is a centralized cryptocurrency exchange based in the UK. Known for its user-friendly platform, it has gained popularity in the crypto community.
Key Advantages
Instant Trading
CoinFalcon prides itself on offering instant trading, allowing users to buy, sell, and deposit with just three simple steps.
Transparent Fees
The exchange emphasizes transparent fee structures, providing users with clarity on trading costs.
Secure Storage
With 98% of digital funds stored in offline (cold) storage, CoinFalcon prioritizes security, enhancing user confidence.
US-Investors
Crypto Trading Availability
While CoinFalcon permits crypto trading for some US states, certain restrictions have been in place since 2019. Bank transfers through TransferWise are allowed for users outside Europe due to the removal of SWIFT as a payment option.
Trading View
User-Centric Trading Views
Different exchanges offer various trading views, each catering to individual preferences. Users are advised to explore the trading view to ensure it aligns with their trading style.
Trading Fees
Taker and Maker Fees
CoinFalcon charges a 0.20% fee for takers, aligning closely with the industry average. Notably, makers are exempt from fees, promoting liquidity by encouraging users to place orders on the order book.
Withdrawal Fees
SEPA Bank Transfers
No withdrawal fees are imposed for SEPA bank transfers. However, crypto withdrawals incur a fee of 0.0001 BTC per BTC withdrawal.
Deposit Methods
Diverse Deposit Options
CoinFalcon accepts three primary deposit methods: Credit/Debit cards, SEPA bank transfers, and Crypto funds transfers. This variety simplifies funding processes for users and contributes to the exchange's "entry-level" appeal. MasterCard/Visa and SEPA bank transfers are available, with the latter accessible in 33 countries.
What are the trading fees on Coinfalcon?
CoinFalcon charges a 0.20% fee for takers, aligning closely with the industry average. Notably, makers are exempt from fees, promoting liquidity by encouraging users to place orders on the order book.
Does Coinfalcon offer leverage trading?
CoinFalcon does not currently offer margin trading or leverage options.