Cryptocurrencies have come a long way following the days of having access only to Bitcoin. With the rise of crypto exchanges, the investing in cryptocurrency seems to benefit the most with more appeal to the investors. Additionally, the mining of cryptocurrency has taken an advanced step, and even the most novice of crypto enthusiasts can mine their digital currency.
However, accessing cryptocurrency often involves a lot of risks with the exchanges being the most affected elements within the crypt scene. Typically, the risk of fraud and scam cases means everyone has to take a precaution before getting on board a crypto trading exchange. And what better way to learn about trade than through a review.
What Is Coinoa?
COINOA offers cryptocurrency traders the chance to trade in a wide variety of top digital currencies in 24/7 platform. With cryptocurrencies becoming a more convenient option for investment, COINOA will provide a purpose that will permit people to trade, buy and invest in cryptocurrency with other investors. Additionally, the merchants will get to sell in the cryptocurrencies with fiat to have a sufficient liquid capability.
The cryptocurrency trading platform allows for trading of cryptos similarly to how forex works. Users will get to trade in Ethereum, Ethereum Classic, Dash, Monero and another crypto. Additional, the exchange will facilitate real-time trading to enable you to have seamless transfers. For the fees, COINOA only plans to charge 0.01% for each of the transactions in the platform.
Coinoa Cryptocurrency Trading Platform Benefits
- Decentralization- using cryptocurrency entails the decentralized nature of blockchain which means there is no intermediary or financial institution.
- Low fees- at a 0.01% charge, COINOA is offering a relatively low cost for you to trade your cryptocurrency. Typically cryptocurrencies have relatively low prices than the traditional fiat. The fees are also applicable for all amounts of transactions, regardless of the figures.
- Peer-to-peer transactions- get to send money directly to other traders within COINOA and receive your digital currency within an instant.
- Competitive rates- with no monopoly, traders will offer different cryptocurrency rates which means the customers get to benefit from the competition.
- Use of live charts and quotes for trade referencing and help you make wise trading decisions
- A referral and affiliate program to help you earn extra cryptocurrency by inviting friends and sharing COINOA.
- Educative materials on crypto trading topics and terms to keep you informed
- A future trading portal- as an extra addition, COINOA will also have a platform to trade futures.
Is Coinoa A Legitimate Trading Platform?
There is plenty to brag regarding the features and potential benefits of using COINOA. However, the bottom line to remember is that a lot if the trading exchanges end up scamming its customers. That is evident even in the past, with exchanges shutting down immediately after successful launches and investments. COINOA seems to head in the same direction.
Much of COINOA information is somewhat generic, and there isn't enough to substantiate the authenticity of the trading platform. Additionally, there are rarely any reviews on COINOA meaning it does not have any reputation in the crypt scene. As such, it is best to not gamble your finances by entrusting COINOA. While we may not for sure as to whether it will turn to, it is better to be safe than sorry.