Coin-banks trading platform is quite a powerful peer-to-peer trading platform to buy and sell Bitcoin. They support over 200+ different payment methods across the world. Moreover, keeping your funds in escrow should lessen the risk coupled with trading Bitcoin to near zero. Be cautious of scammers posing as genuine buyers on this platform. Buying Bitcoin remains one of the main obstacles to typical consumers. Fortuitously, it appears more and more platforms are coming to the market. Coin-banks are becoming a rather popular Crypto Currency exchange & Margin Trading Platform platform, as it allows users to instantly purchase cryptocurrency. Let’s take a closer look at what makes this platform so unique. Pros and cons of Coin-banks:- PROS (why to choose) • Service available in many countries • High limits for buying bitcoins with a credit/debit card CONS (Must consider factors) • High fees for buying with a credit/debit card COIN-BANKS IS AN Alluring CHOICE TO BUY BITCOIN Or Currency Exchange:- The mission of Coin-banks is all about creating a secure and flaxen platform to trade cryptocurrencies. As one would come to expect from a platform such as Coin-banks, the main objective is to let users buy Bitcoin. This is made possible by accepting several hundred payment methods around the world. Some of their popular payment solutions include Credit and Debit Cards, and many more. On paper, the platform has all of the right tools to provide as a way to instantly purchase Bitcoin anywhere in the world. Do keep in mind there is a very less fee for sellers, though. However, Coin-banks are not just about buying Bitcoin, as users can also sell cryptocurrency through the platform. Vendors are more than welcome to join the platform, as there is always a growing demand for cryptocurrency. All traders are held in escrow until the payment is made and verified by the seller. Additionally, Coin-banks also have its own reputation system, which allows both buyers and sellers to make a name for them. Coin-banks also have an affiliate program in place. This feature is known as the Bitcoin Virtual Kiosk offer. Any affiliate who refers people to Coin-banks to buy Bitcoin will earn 2% of their purchase. A similar program exists on Local Bitcoins, another popular peer-to-peer Crypto Currency exchange & Margin Trading Platform platform. Unhappily, coin-banks appear the platform has to deal with its flaxen share of scammers. That is not totally surprising, considering buyers and sellers are directly dealing with other human beings when conducting a trade. This does not mean Coin-banks are not rightful though, as the company does everything they can to prevent scammers from defrauding other users. Buyers and sellers always need to do their own research before agreeing to a trade with a stranger on the Internet, regardless of what payment method is used. Supported Countries that coin-banks offered: Among all Crypto Currency exchange & Margin Trading Platform that accept credit cards, Coin-banks support the widest range of countries. It supports most countries global besides obviously sanctioned countries. Reputation of coin-banks in the industry: Coin-banks is one of the oldest Bitcoin brokers in business. It has been selling bitcoins via credit/debit cards for longer than any other company. Fees that one needs to pay:- Coin-banks charges high fees for purchasing with a credit/debit card. Its fees are about 10%. Customer Support at coin banks: Customer support is available via email. The customer service section of Coin-banks was very clear, professional and quick during the times I communicated with them upon going through the process of registration or verification. To sum upbeat the whole procedure, it was very simple clear cut and smooth than others like CEX.IO, since users are able to buy bitcoins immediately after registering. Coin-banks.com Security: As we have mentioned above, there is enhanced security when it comes to Coin-banks, without any extremities. For instance, you will see HTTPS and a clear environment for financial transactions without any leaks. Still, 2 factor authentication is not a must and there is the option of using cash as a payment method (which is not as reliable as using credit 3D cards). Security includes the certification of GoDaddy and the security scanned badge. In a nutshell, some improvements would be great – but even as it is now, the security layering of Coin-banks is more than decent! What does the community think of Coin-banks? As to know about user experience the reviews online are the best way to get know about. Before start with coin-bank I also check various coin-banks review and these help me a lot to choose a best platform to trade and invest my funds. All things considered, Coin-banks trading platform is a quite a powerful platform. Coin-banks wide range of accepted payment methods gives others a competitive edge. But yet the users need to take the necessary precautions to ensure they are not scammed by another person. In actual fact, coin-banks platform just correct solution when it comes to convert irreparable cryptocurrency to and from reversible payment methods.
FreddyKab posted a blog entry in The Coin BanksCrypto Currency exchange & Margin Trading Platforms are websites where you can buy, sell or exchange Cryptocurrencies for other digital currency or traditional currency like US dollars or Euro. For this you need to trade professionally and make use of trading tools and Coin-banks are what that can fulfill your needs. What you need to do? Firstly you need to login to https://coin-banks.com/, then you need to press the create account button enter the existing required details such as name, contact number, email id and password of your choice followed by clicking on the open free account option to create an account. After clicking on the SIGN UP option, you get this dialogue box stating that the Registration Process is in progress after which CoinBanks will send you an con link formation link on your registered email id. Why I like coin-banks trading? Make transactions quicker than other systems Always availability for transactions Make transactions from anywhere in the world Make safer transactions Perform transactions without interference of any third party Purchase any kind of asset using bit coin Trade Bitcoin for USD, Euros, or other fiat currencies. Besides Bitcoin, there are a lot of other Cryptocurrencies and digital currencies. You can use your invested funds into Coin-Banks to trade all of these currencies. This allows you to trade multiple currencies. Although Bitcoin is the biggest and most known Cryptocurrency it is not the only one Monitor all transactions from home PC or from Smartphone. Communication with the crypto currency exchanges is commonly done using a standard web browser, over a secure SSL connection Following is an overall idea as my experience with coin banks that will let you know more about this: In terms of Privacy: You access the system by entering a username and password. Security Resources in the Coin-Banks website and access to the site system is secured and controlled by a security system that enables access only to those services that are required by the system. Information transferred between the site and your personal computer is encrypted using a 128 bit SSL encryption Certificate. In terms of liquidity and limit: Coin-Banks offers the most liquid exchange in the world, allowing users to easily exchange Bitcoin, Monero, Ethereum, Litecoin, OmiseGO, Ethereum Classic, EOS, Dash, Iota, Ripple, Zcash, and Santiment against USD or BTC with minimal slippage. No official buying limits set by Coin-banks. You Can buy as little as $10 worth of bitcoins. In terms of Speed: The speed at which your bitcoins are available will depend on payment method. But usually Buys made with cash deposit generally deliver bitcoins within 1 hour. In-person Coin-Banks are fast and easy to organize. In terms of Payment Methods Accepted: coin-banks users are free to buy and sell using any payment method. The payment methods available to buyers will depend on what’s available in your location. There is availability of Wide range of payment methods to choose from. In terms of Customer Support: Coin-banks offer support via email. In fact as my personal experience with coin-banks the Support is usually quick to respond to all issues. Coin-banks offer forums where you can request help from other users of the platform. In terms of Reputation and Regulation: Can You Trust Coin-banks? Coin-banks is one of the first peer-to-peer cryptocurrency and Bitcoin exchanges, and the largest one today. It is one of the oldest cryptocurrency exchanges. it is Not a scam. It terms of fees charges: Fees are generally pretty low, its approximately around 1-2% What makes coin-banks different than others? If you wish to open various accounts is would adulterate your capability to trade when you choose and if you needed your funds to trade a different currency then you would have to wait to sell and receive your funds form one before you can trade the next. What do you think why would you use a cryptocurrency? Cryptocurrencies are known for being secure and provide a level of ambiguity. Transactions in Cryptocurrencies cannot be fake or overturned and there lean to be low fees, making it more consistent than conservative currency. Their decentralized nature means they are accessible to everybody, where banks can be restricted in which they will let open accounts. As a new form of cash, the cryptocurrency markets have been known to small investment can become a large sum over night. But the same works the other way. People look to invest in cryptocurrencies should be conscious of the instability of the market and the risks they take when buying. Because of the level of obscurity Cryptocurrencies offer, they are often associated with illegal activity, particularly on the dark web. Users should be careful about the connotation when choosing to buy the currencies. As my personal speaker point of view, coin-banks is a solid cryptocurrency exchange. They are in my opinion the safest one to use. It is one of the godfather of all exchanges because they have been around for so long. I gives Coin banks an extra layer of credibility bacThey also support more Fiat because currency so if you are from Europe, Kraken might be the exchange just for you. In precise it’s a cleanest and easy to use platform.