Coinfloor

reviewURL: coinfloor.co.uk
Crypto.com is one of the most popular crypto exchanges, they are well known for their huge marketing campaigns such as The Staples Center purchase (Crypto.com Arena), Super Bowl Ads, etc. The company was initially founded by Gary Or, Kris Marszalek, Bobby Bao, and Rafael Melo in 2016 as “Monaco” but in 2018, the company was renamed on Crypto.com due to a domain purchase from cryptography researcher and professor Matt Blaze which valued the domain at USD 5-10 million.
 
Crypto.com offers a mobile application for buying and selling cryptocurrencies, a VISA cryptocurrency card, a decentralized cryptocurrency wallet, a payment protocol, an online crypto exchange, and many other products and services. In short, the entire infrastructure for the adoption of cryptocurrencies.
 
Crypto.com also has its own chain called CRONOS with utility token CRO which is core for their whole ecosystem. Using CRO provides many benefits such as discount fees, purchase cashback or you can stake your CRO tokens for up to 10% yearly. Between May 2020 and February 2021 alone, the number of clients increased from 2 to 10 million.
 
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Score
6.3
Coinfloor
Score - 6.3Score6.3
Score Android - Score Android
Score iPhone - Score iPhone
Location - London, EnglandLocationLondon, England
Currencies - GBP, EURCurrenciesGBP, EUR
Languages - ENLanguagesEN
Buy with - GBP, EURBuy withGBP, EUR
Fees - 0.3%Fees0.3%
Altcoins - LTC, ETH, BCH, XRPAltcoinsLTC, ETH, BCH, XRP
Margin trading - NoMargin tradingNo (Exchange does not support margin trading)
Trust score - BTrust scoreB
Beginner friendly - NoBeginner friendlyNo (Exchange is complex and difficult for beginners)
Stability - 2. MostStability2. Most (Exchange has occasional outages)
Fiat - YesFiatYes (The Exchange supports Fiat currency as USD, EUR, etc.)
Support speed
SafetyB
API - YesAPIYes (API is available for public to use)
Rest API - YesRest APIYes (The Exchange has Rest API support)
Websocket - YesWebsocketYes (The Exchange has Websocket support)
Mobile app - NoMobile appNo (Exchange does not have a mobile app)
Credit card - NoCredit cardNo (Exchange does not support credit cards)
Referral - NoReferralNo (Exchange does not offer an affiliate program)
Two factor authentification - YesTwo factor authentificationYes (The Exchange supports two factor authentication)
Withdrawal limit - By degree of verificationWithdrawal limitBy degree of verification (Exchange has a withdrawals limit)
Verification time
Lending - NoLendingNo (Exchange does not support lending)
Stop limit - NoStop limitNo (Exchange does not support stop limit)
US licence - NoUS licenceNo (Exchange don't have US licence for Money transmitter)
PGP support - NoPGP supportNo (Exchange does not have PGP encryption)

ADVANTAGES OF CRYPTO.COM

Binance has many advantages, such as

  • Buying and selling crypto for fiat
  • Earn interest on crypto (staking)
  • Crypto.com payment card
  • More than 250 cryptocurrencies supported
  • Strong security
  • Low fees
  • High liquidity
  • Advanced platform
     

DISADVANTAGES OF CRYPTO.COM

  • KYC verification required
  • Higher fees unless you hold and use CRO token
  • Bad customer support

Manuals for Coinfloor

Tier Trading volume in 30 days MAKER / TAKER fee (spot)  MAKER / TAKER fee (derivates) 
 1  up to $25,000  0.40 % / 0.40 %  0.050 % / 0.070 %
 2  up to $50,000  0.35 % / 0.35 %  0.040 % / 0.065 %
 3  up to $100,000  0.15 % / 0.25 %  0.030 % / 0.060 %
 4  up to $250,000  0.10 % / 0.16 %  0.025 % / 0.040 %
 5  up to $1,000,000  0.09 % / 0.15 %  0.020 % / 0.035 %
 6  up to $20,000,000  0.08 % / 0.14 %  0.015 % / 0.030 %
 7  up to $100,000,000  0.07 % / 0.13 %  0.010 % / 0.025 %
 8  up to $200,000,000  0.06 % / 0.12 %  0.005 % / 0.020 %
 9  above $200,000,000  0.04 % / 0.10 %  0.000 % / 0.015 %

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