facebookCoinhako Crypto Exchange Reviews and Comparison - Seedly

Coinhako Crypto Exchange

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  • Reviews (7)
  • Discussions (0)
  • More Details

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Crypto Exchange/Coinhako Crypto Exchange
Crypto Exchange/Coinhako Crypto Exchange
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Coinhako Crypto Exchange

20+

CRYPTOCURRENCIES

1.0%

TAKER FEES (FIAT)

$2

WITHDRAWAL FEES (FIAT)

N/A

CREDIT OR DEBIT CARD FEES (FIAT)

Yes

MAS LICENSED OR EXEMPTED

Coinhako Crypto Exchange

20+

CRYPTOCURRENCIES

1.0%

TAKER FEES (FIAT)

$2

WITHDRAWAL FEES (FIAT)

N/A

CREDIT OR DEBIT CARD FEES (FIAT)

Yes

MAS LICENSED OR EXEMPTED

Details

Understanding the risk of Cryptocurrency Platforms in Singapore:

This product does not currently hold the licence to “provide digital payment token services” under the Payment Services Act (PS Act) by MAS. Find out more below in the "More Details" section.

Read More about Coinhako Crypto Exchange
Reviews (7)

2.0

7 Reviews

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      Posted 5d ago

      Purchased

      Coinhako Crypto Exchange

      High trading fees (1% fee for each trade) and $2 withdrawal fee to withdraw cash from Coinhako wallet to the bank.

      0

      What are your thoughts?

      Reply

      Posted 19d ago

      Purchased

      Coinhako Crypto Exchange

      Had the most terrible experience with Coinhako and their customer service, was trying to perform a withdrawal of crypto (only 70$ SGD) to make an online purchase i was contacted by customer support staff named "Marie" and she asked for more details about the transaction(which was fair)and part of KYC and i responded promptly, she probably responded only after 7hours or more and warned me about "fraud" and i had to acknowledge that i was ok to proceed with the transaction. However it has been a grueling <24hours and my crypto transaction has not gone through and i have not receive any response despite the countless emails that i have sent. It is a horrible experience and this isn't the first time i encounter withdrawal problems when doing business with Coinhako. Crypto transactions suppose to be fast and secure but it doesn't seem anything like that. Would highly suggest all Singapore Users to consider other platforms, where withdrawal of fiat (SGD) and crypto currencies to other wallets are faster. They obviously do not understand that crypto is volatile and any delays(i.e. Coinhako holds the transaction) can cause potential financial losses.

      1

      Hello. Your bitcoin is still stuck after 15 days? or it went through afterward

      What are your thoughts?

      Reply

      Posted 07 Nov 2021

      Purchased

      Coinhako Crypto Exchange

      This site is definitely secured and reliable. Only lagging is no bank direct transfer options. And not all but coins are available to trade in the Wallet.

      1

      Rachelle Lye

      Rachelle Lye

      08 Nov 2021

      Level 14·Digital Marketing Associate at Seedly

      Hi there, thanks for leaving a review on Seedly! While we deeply appreciate your contributions to our community to help users make smarter financial decisions, your review has been flagged for a PROMO CODE. Our community guidelines do not allow posting of promo / referral codes on Seedly, only in the Promo Code Group (https://seedly.sg/community/promo-codes). Read more at https://support.seedly.sg/hc/en-us/articles/900.... Hence, we have edited your review and removed your referral code. Thanks!

      What are your thoughts?

      Reply

      Posted 06 Nov 2021

      Purchased

      Coinhako Crypto Exchange

      It’s the most user friendly platform to buy crypto but the fees are absurd at 1%, even with the reward it comes to 0.75 % only

      0

      What are your thoughts?

      Reply

      Posted 17 Sep 2021

      Purchased

      Coinhako Crypto Exchange

      [Customer Service] If you are looking for some customer service that actually can help and respond, please look away immediately - and customer service is extremely important when it comes to a platform like this (withdrawals missing, deposits missing!!!). Have tried to contact them, you get an automated reply, and then no response in a week. After a week, you get a response that is completely useless. And you are stuck. Where are my withdrawals? Where are my deposits? I will be flagging this to MAS. [User Interface] BEWARE - transactions take more than an hour during volatile moves. Did the same transaction on Gemini and it took less than half the time. You should be looking away immediately.

      0

      What are your thoughts?

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      Understanding the risk of Cryptocurrency Platforms in Singapore:

      This product does not currently hold the licence to “provide digital payment token services” under the Payment Services Act (PS Act) by MAS. This product was previously granted an exemption since 28 January 2020 and is pending the licence to “provide digital payment token services” from MAS.

      The information provided by Seedly serves as an educational piece and is not intended to be personalised investment advice. ​Readers should always do their own due diligence and consider their financial goals before investing in any investment product.

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