facebookCoinhako Crypto Exchange Reviews and Comparison - Seedly

Coinhako Crypto Exchange

  • Key Features
  • Reviews (30)
  • Discussions (0)
  • More Details
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Summary

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.

Summary of Coinhako Review 2022

Coinhako is cryptocurrency exchange that provides beginners with an intuitive platform with an interface that is well designed making the experience of trading cryptocurrency less intimidating and simple on top of giving users a peace of mind with robust security measures such as 2 factor authentication (2FA) and email verification.

Crypto Exchange Features and Details

Key Features

  • Withdrawal and deposit of SGD is made simple using Xfers
  • Intuitive platform for easy navigation even for beginners
  • Transactions can be made in SGD which allows traders to avoid conversion fees
  • Offers aggregated news content on cryptocurrency

Account Opening

  • Minimum Age Requirements: 18 Years Old
  • Documents Required: Proof of Identity, Proof of Address, Phone Number
  • Account Opening Fees: N/A
  • Funding Options: SGD via Bank Transfers, USD Funding with Stablecoins, Xfers Direct Charge, Debit Card, Credit Card
  • Account Minimum: S$0
  • MyInfo Application: Supported

Number of Listed Cryptocurrencies

  • 50+ including BTC, ETH, USD Coin, XRP, Solana

Purchasable with SGD

  • Supported

Number of Fiat Currencies accepted

  • 3 Fiat Currencies Supported (SGD, VND, USD)

Trading Fees

  • Flat 1%

Deposit Fees

  • Bank Transfer: Free
  • Xfers Direct Charge Fee: 0.55%
  • USD Deposit: Free

Withdrawal Fees

  • Fiat: $2.00
  • USD Withdrawal: Free but miner fees are incurred

Account Security

  • Cold Wallet Storage
  • 2FA Authentication
  • Email Verification
...see more

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Summary

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.

Summary of Coinhako Review 2022

Coinhako is cryptocurrency exchange that provides beginners with an intuitive platform with an interface that is well designed making the experience of trading cryptocurrency less intimidating and simple on top of giving users a peace of mind with robust security measures such as 2 factor authentication (2FA) and email verification.

Crypto Exchange Features and Details

Key Features

  • Withdrawal and deposit of SGD is made simple using Xfers
  • Intuitive platform for easy navigation even for beginners
  • Transactions can be made in SGD which allows traders to avoid conversion fees
  • Offers aggregated news content on cryptocurrency

Account Opening

  • Minimum Age Requirements: 18 Years Old
  • Documents Required: Proof of Identity, Proof of Address, Phone Number
  • Account Opening Fees: N/A
  • Funding Options: SGD via Bank Transfers, USD Funding with Stablecoins, Xfers Direct Charge, Debit Card, Credit Card
  • Account Minimum: S$0
  • MyInfo Application: Supported

Number of Listed Cryptocurrencies

  • 50+ including BTC, ETH, USD Coin, XRP, Solana

Purchasable with SGD

  • Supported

Number of Fiat Currencies accepted

  • 3 Fiat Currencies Supported (SGD, VND, USD)

Trading Fees

  • Flat 1%

Deposit Fees

  • Bank Transfer: Free
  • Xfers Direct Charge Fee: 0.55%
  • USD Deposit: Free

Withdrawal Fees

  • Fiat: $2.00
  • USD Withdrawal: Free but miner fees are incurred

Account Security

  • Cold Wallet Storage
  • 2FA Authentication
  • Email Verification
...see more

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

Reviews (30)

2.6

30 Reviews

5
6
4
6
3
3
2
1
1
14

Service Rating

User Experience

3.0

Customer Support

2.7

      Posted 25 Sep 2023

      Purchased

      Coinhako Crypto Exchange

      User-Friendly Interface: Coinhako offers one of the most user-friendly interfaces among cryptocurrency exchanges. It's easy to navigate, even for beginners in the crypto world. You can buy, sell, and manage your assets with ease. Wide Range of Cryptocurrencies: Coinhako supports a vast array of cryptocurrencies, including popular ones like Bitcoin, Ethereum, Ripple, and many lesser-known altcoins. This variety is great for diversifying your portfolio. Security Measures: Security is a top priority at Coinhako. They offer features like two-factor authentication (2FA) and cold storage for cryptocurrencies, ensuring that your digital assets are safe from potential threats. Quick and Responsive Customer Support: Coinhako's customer support team is known for its prompt responses. They are available through various channels and are quick to assist users with their inquiries or concerns. Intuitive Mobile App: The mobile app is well-designed and offers the same user-friendly experience as the website. It allows users to trade and manage their crypto assets on the go. Fiat Integration: Coinhako allows users to deposit and withdraw funds in multiple fiat currencies, making it convenient for users worldwide. Educational Resources: Coinhako provides educational resources and guides for both beginners and experienced traders, helping users make informed decisions. Cons: Limited Geographic Availability: Coinhako's services are not available in all countries, which can be a downside for users who reside in unsupported regions. Limited Advanced Features: While Coinhako is excellent for beginners and intermediate traders, it may lack some of the advanced features and trading options that experienced traders desire. Fees: Like many exchanges, Coinhako charges trading fees, which can add up over time for active traders. The fee structure may not be the most competitive in the market. Verification Process: The verification process can be lengthy, which might be frustrating for users looking for a quick onboarding experience.

      0

      What are your thoughts?

      Posted 25 Jul 2023

      Purchased

      Coinhako Crypto Exchange

      [ Good day to you all, Crypto Recovery Scam has gone viral and i'm here to share my experience with alienwizbot who i meant after being scammed by 4 different impersonators hacker online, i was very scared to trust anyone, i had to give it a try with alien wizbot after so much thought about it and it happens that with the help of alien Wizbot i got back my $276k scammed funds from the fake trading company i invested with. All thanks to Alien Wizbot.

      0

      What are your thoughts?

      Posted 08 Jan 2023

      Purchased

      Coinhako Crypto Exchange

      I wonder if there is any form of humanity to these unregulated broker out there. They made me deposit more and more just to get a withdrawal, but it was all a lie. I lost almost my savings to them until I sought help elsewhere and I was able to recover my funds through the help of Gavin ray and I'm glad he did, mail gavinray78 at gmai1 . c om his w h a t s a a p ‪+1 3 52 3 22 2 09 6

      0

      What are your thoughts?

      Posted 29 Oct 2022

      Purchased

      Coinhako Crypto Exchange

      Trading fees has dropped to 0.6%, app has been better at handling large traffic volume. Easiest app to use for SGD currency.

      0

      What are your thoughts?

      Posted 06 Sep 2022

      Purchased

      Coinhako Crypto Exchange

      One of the best exchanges locally for purchase of crypto; good customer service and quit responsive.

      0

      What are your thoughts?

      Posted 19 Mar 2022

      Purchased

      Coinhako Crypto Exchange

      I like coinhako and i find the trading fees reasonable. I have been using the app for a long time 1-2 years

      0

      What are your thoughts?

      Posted 10 Apr 2023

      Purchased

      Coinhako Crypto Exchange

      hi guys, when it comes to recovery of funds either from binary options, crypto, forex and ponzi schemes . FASTFUNDSRECOVERY AT PROTONMAIL COM are the best recovery agent around. they have recovered my funds and also funds of my friends , colleagues who were in similar situation as i was. It is crazy when exchanges like StoxMarket isn't taken down after cheating several hardworking individuals wanting to invest attain financial freedom. Personally, I invested $750,000 expecting 120% as promised. Since I deposited, I haven't been able to withdraw neither my capital nor profit. I reached out to my account manager but all effort was in vain. Weeks went by before i stumbled on 'Fastfundsrecovery' on google after seeing their reviews on quora. They were able to recover my funds in less than a week

      0

      What are your thoughts?

      Posted 18 Mar 2022

      Purchased

      Coinhako Crypto Exchange

      [User Interface] Clean. Easy to use for someone who just wants to buy, hold and sell crypto long term. Though no options for trading. Recently have introduced the Earn toggle to allow weekly staking of BTC, ETH, LUNA, SOL, DOGE, ZIL, XTZ, DOT, MATIC, AVAX, KSM, XLM etc. [Crptocurrencies offered] Limited options. Though most of the top 30 cryptocurrencies are offered. Though some can only be bought and sold. No transfer options. [Buying] Credit/Debit card, Bank Account, GRAB. [Customer Service] Slow and clunky. Mostly i have only interacted via email. They have additional checks when transfering out of the exchange. Usually takes upto 4 hours to complete simple transfers. Similarly for taking money out after selling, may take 3 business days to show in your account. [Trading Fees] 0.8% to 1%. However easy to get 20 to 25% off this fee amount due to coupon codes that can be earned via in app points. [Withdrawal Process] Slow but can be done in SGD$ and to your bank account.

      0

      What are your thoughts?

      Posted 02 Jan 2022

      Purchased

      Coinhako Crypto Exchange

      I have been using Coinbase for about a year and started using Coinhako 3 mths back. Simple user interface. Able to use interbank transfer from SG bank to Coinhaku account. At 1% commission from Coinhaku wallet, it is much than using Credit Card at 3-4% commission rate. No fuss.

      0

      What are your thoughts?

      Posted 27 Dec 2021

      Purchased

      Coinhako Crypto Exchange

      Dipped into the crypto waters with Coinhako as my platform upon recommendation of a relative. Didn't do much research then but I was just keen to start quickly. Interface is easy to understand. Logging in daily gives rewards, but I don't do that very often. Understand that the fees are on the higher side. But I don't buy or sell frequently, so I'll stick with this for now until I get serious in this area.

      0

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    Discussions (0)

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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.