CoinFalcon cryptocurrency exchange review and reviews

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Coinfalcon cryptocurrency exchange: official site

British cryptocurrency trading platforms are traditionally distinguished by high reliability, a small list of trading pairs and focus on their region. CoinFalcon cryptocurrency exchange inherited some of these qualities from more experienced services.

Coinfalcon is a young and very interesting cryptocurrency exchange headquartered in London, UK. It features an excellent design and a very loyal commission structure. Accepts the euro, focused on the European Union. The trading volume is still modest (less than $ 10 million), there are also few currency pairs.

CoinFalcon Exchange History

The company was established in July 2017. It is registered in the UK, but at the same time it is trying to attract users from different European countries and beyond.

There is practically no information on the site in the network. It works in accordance with the standards of KYC (know your client) and AML (anti-money laundering), so all traders need to undergo verification for operations with fiat.

As for the leaders and the team, only the name of the CEO is known. It is Jordan Steves. His LinkenID profile states that he also founded Steeves Global, a global technology consulting firm, and before that served as software product manager at BitTorrent, Inc.

The domain is registered on 05/28/2017. The administration is interested in attracting traders from different regions, because the official CoinFalcon website has several language versions:

  • English
  • Spanish
  • Portuguese
  • German

The main page displays trading charts in pairs with the highest turnover. Also, information on trading volumes and changes over the past 24 hours is updated in real time. Registered users, by clicking on the desired pair, can immediately go to the trading menu.

At the very bottom are the transitions to groups in social networks:

  • Twitter
  • Facebook
  • Telegram

The site also has a About Us section, but it contains only general phrases on behalf of CEO Jordan Steves about the goals and ideas of the project.

According to SimilarWeb, about 300,000 entries are registered on the site per month, of which more than 12% are from the UK. Another 7% from Poland and the USA. Also, a fairly large representation of users from Australia and France is 6.2% and 5.3%, respectively.

Registration and login to CoinFalcon

To create an account on the exchange, specify:

  • Email
  • Password.

After that check your email. There will be a letter from the exchange with a button to confirm the registration procedure.

Verification

To gain access to the fiat I / O, go through verification. To do this, provide:

  • Full name;
  • Country of residence.

Then select the document to be verified: passport, driver’s license, ID-card. Enter the mobile phone number in the system. A link will come to it, on which you need to go to confirm the mobile number. In the page that appears (on the mobile), attach two photos:

  • The selected document for verification;
  • Selfie.

Download them and click Confirm. After that, the verification page in your account will be updated and verification will begin. You will be informed about its results via email. The site claims that this procedure can only take a few minutes.

 Input and output

The site listing contains more than 20 cryptocurrencies, including the main ones:

  • Bitcoin
  • Bitcoin Cash
  • Ripple;
  • Ethereum;
  • Litecoin.

The deposit fee is 0%, and for the cashout:

  • 0.00008 BTC;
  • 0.0001 LTC;
  • 0.006 ETH;
  • 0.0001 BCH etc.

Of fiat currencies, the euro is available. The input / output fee is fixed – € 1. Financial transactions can only be carried out through SEPA. A digital analogue of the dollar, USDT, is also used.

Types of Orders

Users can place the following types of orders:

  1. Limit.
  2. Market.
  3. Scaled.

Trading with margin is not available.

Affiliate program

The bonus for attracting new traders to the exchange is greater than the average on the market. CoinFalcon pays 50% of the referral trading commission, and on other services they usually promise from 10% to 20%.

 Tech support

Two channels are allocated for communication with technical support:

  • Online chat (on the site it is indicated that the answer will come in less than 2 hours);
  • Email. To do this, you must have configured Microsoft Outlook or another similar service.

There is also a FAQ section with a large selection of items regarding transaction processing, fees, withdrawals, etc.

Security

The exchange pays great attention to the safety of assets, so most of them are stored in cold wallets. To increase account security, we recommend that you enable two-factor authentication. You can track the history of entries, so that in case of unauthorized logins, they can be detected on time. The option of sending messages during deposits / cashouts is automatically enabled.

Additional functions

Fast exchange. For beginners, who still find it difficult to understand all the intricacies of trading, you can use the service for quick purchase / sale of cryptocurrencies. Just select a trading pair and indicate the amount of the asset you want to exchange.

CoinFalcon Reviews

The site has been operating relatively recently and is still little known on the Russian market. Users are confused by the lack of intelligible information about the project and the managers. Also too suspicious is the size of payments for the referral program.

On the other hand, I like the possibility of exchanging cryptocurrencies without verification. In addition, the list of pairs for the euro is quite large.

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