COINSTORE
🏆 Arbi.TEAM 1/10
📋 Basic information
📊 Trading statistics
📖 About exchange
Coinstore
Singapore-based exchange with Asia focus
Basic Information
| Founded | 2020 |
| Country | Singapore |
| Type | Centralized (CEX) |
| Trust Score | N/A |
| Rank | N/A |
| 24h Volume | N/A |
| Coins | ~250 |
| Pairs | ~300 |
History
Coinstore was founded in 2020 in Singapore. The exchange quickly gained popularity in Southeast Asia thanks to aggressive listing of new tokens and low fees. The platform offers spot and margin trading, as well as futures contracts.
In 2021 Coinstore launched a Launchpad for initial token offerings and a staking program. The exchange also introduced social trading, allowing users to copy trades from successful traders. By 2022 the registered user base exceeded several million.
Coinstore actively works on attracting liquidity through partnerships with market makers and projects. The exchange is known for fast token listings, often adding coins within days of their launch. In 2023 the platform expanded network support and improved its mobile app.
Key Features
Fast Token Listing
Among the fastest listing of new projects in the market.
Launchpad
Participate in IDOs and initial token offerings.
Low Fees
Competitive rates on spot and futures.
Social Trading
Copy trades from successful platform traders.
Staking
Earn yield on a wide range of PoS assets.
Singapore Registration
Jurisdiction with a clear regulatory framework.
Trading Fees
| Operation | Fee |
|---|---|
| Spot Trading (maker) | 0.10% |
| Spot Trading (taker) | 0.10% |
| Futures (maker) | 0.02% |
| Futures (taker) | 0.06% |
| Crypto Deposit | Free |
| Crypto Withdrawal | Network dependent |
Security
Coinstore uses cold storage and two-factor authentication. The platform conducts regular security audits. No hacking incidents have been recorded. The exchange does not publish Proof of Reserves, which is standard practice for exchanges of its tier.
Geography & KYC
Coinstore is registered in Singapore. KYC is mandatory for all users. Verification involves uploading an ID document and a selfie. Russian users can complete verification. The exchange is available in most countries except the US and a few others.
Pros & Cons
Pros
- Wide coin selection (~250)
- Fast listings of new projects
- Competitive fees
- Launchpad availability
Cons
- Not listed on CoinGecko
- Average liquidity
- Young platform (since 2020)
User Reviews
Asian users actively trade on Coinstore, noting interface convenience and listing speed. Negative reviews mention occasional localization issues and limited English support. The exchange is little known in Western communities.