Coinlife Broker Summary
- Overall Rating
Here at The Next Bitcoin you can learn about many trading platforms, one of them is Coinlife, we have concluded that Coinlife is a good trading platform, it is NOT a scam! Read our Coinlife review today and learn all you need to know about the Coinlife trading platform and why we recommend it for all traders.
The profitability of the cryptocurrency market is beyond imagination and this has led to an influx of huge crowds in the market, hoping to get a piece of the pie. Bitcoin has reached a new all-time high and other altcoins are also experiencing favorable movements. The volatility of the market means that there is no way to predict what will happen, but there are plenty of short-term opportunities to enjoy. In order to do that, you need a broker to help you get started and this can be a bit of a challenge. There are too many options and this can lead to confusion. This is where you may find our Coinlife review handy.
The review will tell you whether Coinlife, which is one of the brokers you will find in the market, is up to the mark and can help you jump on the crypto bandwagon in order to achieve your goals. They have developed a trading solution meant to target both beginner and expert traders and you need to assess it in order to ensure it can live up to its claims. Let’s get started:
Coinlife’s Crypto Offerings
You want to trade cryptocurrencies, but which ones? There are thousands of options in the market today, with Bitcoin leading the charge. But, not all brokers offer the same options, so you need to check before you sign up. Coinlife offers you an impressive variety of cryptocurrencies to choose from, so you can diversify your crypto investment and make the most of your trading. Other than Bitcoin, they have added options like Bitcoin Cash, Bitcoin SV, Ethereum, Neo, Tezos, Monero, Ethereum Classic and ZCash. They are also constantly adding new tokens regularly to ensure their clients can earn maximum profits.
An appealing thing about Coinlife is that their account opening process is relatively straightforward. It takes a few minutes for you to go through the steps and there is no need to wait for days to start trading. This means no frustration at having to watch opportunities come and go. However, you do have to comply with AML and KYC requirements that require some documents for proof of identity, residence and payment for verifying your account before you can enjoy the 24/6 customer support and 24/7 trading schedule and impressive trading platform.
Coinlife’s Trading Platform
How will you trade the available cryptocurrencies? This is what a trading platform is for and Coinlife has developed an intuitive and powerful solution for its clients. They have used state-of-the-art trading technologies to create a web trading platform boasting cutting-edge tools and features. It offers different types of charts, trading indicators, price alerts and documented studies, while ensuring quick trade execution.
The best thing about the web trading platform is that it is not downloaded on a single device, so it can be used on laptops, desktops and mobile devices, depending on what you have accessible. This flexibility allows you to access your Coinlife account from anywhere and trade easily.
Coinlife’s Payment Solutions
The efficient and secure payment solutions integrated by Coinlife also work in its favor. You can use bank wire transfers, or debit and credit cards. Three account currencies, namely USD, GBP and EUR, are supported on the platform. As long as you have verified your account by submitting the documents required, your withdrawals will occur smoothly.
There is a minimum withdrawal requirement of 100 USD/GBP/EUR through cards and a wire transfer’s requirement is 250. All requests are manually processed, so no transaction can be unauthorized.
- An expanding and helpful crypto community
- An extensive index of cryptocurrencies
- Simple, intuitive and powerful trading platform
- No support for US traders
- One account option
- Skrill not available in payment solutions
Is it Worth Using Coinlife?
If you want access to the cryptocurrency market for a seamless trading journey, Coinlife can prove to be a solid solution for every trader, which allows them to reach their goals.