With so many different cryptocurrency exchanges online, it can be difficult to make a choice regarding which platform is the best for your needs. Often the choice of exchange comes down to a sacrifice of ease of use versus fee structure.
There are also many other factors to consider when assessing an exchange, such as the security level of the platform, how wallets and private keys are handled, and how fast the exchange itself operates. Some exchanges, such as Coinbase, are extremely simple to use but have higher fees. Others, such as Poloniex, are extremely flexible but may be daunting to newer users.
CoinFalcon is a relatively new London-based exchange that aims to provide one of the most competitive fee structures available on the market. In this article, we’ll take a look at the CoinFalcon exchange and find out what it offers to help you determine whether it’s the right exchange for you.
What Is CoinFalcon?
CoinFalcon is an extremely simple and straightforward exchange that is designed to facilitate extremely fast crypto trading. The CoinFalcon platform currently offers support for the purchase of Bitcoin, IOTA, Litecoin, and Ethereum, and offers a range of trading pairs.
CoinFalcon aims to provide instantaneous trading, and is backed up by secure storage procedures. More than 98% of digital currency held by CoinFalcon is stored in an offline secure wallet, which provides users with peace of mind.
CoinFalcon is accessible via browser on either computers or smartphones, and also offers a complex Trading View feature that allows users to read real time order books, charts, trade history, a quick order process, and community chat features.
The most attractive element of the CoinFalcon platform is the fee structure it offers. Deposits in Bitcoin, Ethereum, Litecoin, and IOTA are all absolutely free, with withdrawals for all supported currencies apart form IOTA charged at the network suggested fee. IOTA withdrawals have no network fee.
All trades on the CoinFalcon platform have a small 0.25% commission. Interestingly, CoinFalcon even offers a service that attempts to recover cryptocurrency sent to the wrong address. This service is priced at 20€, although there is no guarantee that the attempt will succeed.
CoinFalcon is a robust, streamlined, and fast exchange with minimal fees. If you’re interested in investing in or purchasing Bitcoin, IOTA, Litecoin, or Ethereum, CoinFalcon is definitely worth consideration as your exchange of choice.