coins-royal is one of the most active digital currency trading platform
Coins Royal Review
Coins Royal is a new cryptocurrency exchange was established in 2017, and has since developed to be one of Europe’s most popular cryptocurrency exchanges to buy and sell Bitcoin. Coins Royal, supported by thousands of users, has become a multifunctional exchange of crypto-currency.
The platform is very appealing to many because it offers a very simple and user-friendly interface to buy and sell cryptocurrencies. Also, the exchange provides a wide range of payment options that make purchasing cryptocurrencies like Bitcoin simple for novice cryptocurrency enthusiasts.
While Coins Royal is not a regulated exchange, since its launch in 2017, the organization is still highly reputable and has had very little to no complaints. There has never been any hacks or loss of funds suffered by the exchange of Coins Royal, and most users have nothing but positive things to say about the exchange of Coins Royal crypto-currency.
Coins Royal ‘trading platform is very simple and minimal in the services and features it provides. The platform will essentially only be used for the purchase and selling of cryptocurrencies at the current price. Traders will only use the cryptocurrency platform to swap fiat currency, and vice versa. The platform is not used to analyze the charts or market data, but simply to purchase and sell cryptocurrency. That said, the trading platform is extremely well built and simple to use. Coins Royal does a very good job of having an intuitive interface to buy and sell cryptocurrencies for starter cryptocurrency investors.
Security and Verification Levels
Coins Royal is a very safe and stable exchange of crypto-currency backed by the great security team. No authentication steps are required so that the identities of users are kept secure. Also, cryptocurrency of a user is stored on the exchange. Each user account is protected by two-factor authentication, for added security. Coins Royal is trusted and used by more than 50,000 happy customers, and continues to develop as a quick and secure exchange of cryptocurrencies.
Trading instruments (cryptocurrencies)
At Coins Royal currently only two of the big coins are sponsored. They cover Bitcoin and Ethereum. While for some this may seem like a lack of choice, bear in mind that this is an entry service, targeted at those who are not familiar with cryptocurrencies. Actually these can be exchanged only against the Euro, pounds and USD.
Coins Royal is one of the firms which does not allow leverage trading. Think of it, more of a forum that enables currency conversion, rather than a place to transact. That being said, one can pass coins to another exchange with ease.
Perhaps the most important thing about Coins Royal is the fact that the company does not tell any information on the fees. They are included in the final price that you get after you buy the coins you want. Our estimates, probably not correct, revealed a markup of about 2%.
Limits and Liquidity
The sky is the limit when you buy / exchange a cryptocurrency for another cryptocurrency. Users can convert their cryptocurrencies to others as much as they want and however much this generates a highly liquid market in exchange.
However, there are drawbacks that vary for various countries and regions when purchasing a crypto-currency with fiat money.
Coins Royal provides three types of accounts to their traders, each with specific limitations and verification criteria rates. Deposit limits (as well as withdrawals) depend on form of account. A brand new user begins with a Simple account which can be upgraded to Checked account after verification of the documentation. Verified members can request a Verified Plus account, or a Business account.
Deposits and Withdrawals Options
The Coins Royal exchange offers a large variety of payment and withdrawal methods for traders. That is the one area that stands out very strongly from the rest of the exchange. See below for a list of available forms of payment and withdrawal:
Fiat Currency (Euros, pounds and USD)
Bonus and Promotions
Sadly, Coins Royal does not offer any kind of incentives or discounts to its users for using their platform. It seems as if by being one of the simplest and most convenient outlets for buying and selling cryptocurrencies in Europe, Coins Royal is gaining ample recognition and clientele.
Coins Royal uses a support ticket system where users fill out an online form that is submitted via email to the support members. Support is fairly fast via this process, and is available 24/7. In addition to email customer service, the website also has a help center where traders can access questions and their responses, conveniently grouped under different topics.