Coinranking
This exchange is inactive on Coinranking. Its data is not up to date.
Coin listings
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New coin listings
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Markets
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About Coineal
Coineal Exchange: A Crypto Trading Platform
Coineal, launched in early 2018, is a centralized cryptocurrency exchange originally founded by blockchain practitioners, investors, and tech experts from South Korea and China. Based in Seychelles with a global reach, it focuses on providing a secure trading environment, though it’s no longer operational for new users in some regions.
What Coineal Offers
- Trading Options: Supports over 50 coins and 80 trading pairs, including BTC, ETH, and USDT, with a crypto-to-crypto focus—no fiat deposits accepted.
- Fees: Charges a 0.15% trading fee for both makers and takers, with network fees for withdrawals (e.g., minimum amounts apply, details in user accounts).
- Features: Includes a mobile app, IEOs (32 token sales to date), and a native NEAL token for fee discounts and voting on listings.
- Community Nodes: Operates a network of global nodes, rewarding NEAL holders with a share of profits based on trading activity.
- Security: Claims bank-level risk management and anti-DDoS measures, with a user base of 7 million across 60+ countries as of 2020.
Things to Consider
- Regulatory Status: Lacks clear oversight, with only self-reported GDPR compliance, raising potential trust issues.
- User Feedback: Mixed reviews—some praise the wide coin selection and fast deposits, while others note withdrawal delays and poor support responsiveness.
- Accessibility: No fiat support limits entry for new users, and past restrictions (e.g., China ban in 2019) hint at regional challenges.
- Liquidity: Historical volume reached $98M daily, but recent data suggests a significant drop, possibly affecting trade execution.
- Transparency: Team details are vague, and the platform’s shift to manual monthly withdrawals (post-2021) adds complexity.
Coineal offers a broad crypto trading experience with unique community features, but its regulatory gaps, declining activity, and user concerns suggest caution. Explore more at https://www.coineal.com, though its current status warrants close attention.