Coinfield - coinfield.com REVIEW, TRADING VOLUME AND PAIRS
Coinfield is a fairly large cryptocurrency exchange that is registered in Canada. At the time of writing, several dozen currencies are traded here, and the daily trading volume is 5.2 million dollars.
The official website of the exchange, coinfield.com, is available in the English language only. Among the advantages of the platform, the creators note:
• High-speed processing of user requests;
• Introduction of advanced technologies, the "engine";
• Convenience for users;
• High level of platform security;
• A wide portfolio of cryptocurrencies.
Developers continuously improve their product, focusing on the needs of the market. The user-friendly interface, along with a wide range of tools for technical analysis, makes the platform interesting for both beginners and professional traders.
One of the advantages of the Coinfield exchange is that it is easy to work with. You just need to go through the registration and verification procedures, which will not take much time, and then you can start trading. An important advantage of coinfield.com is the high-quality work of the support service, which answers users' questions 24/7 and helps to resolve any difficulties that arise in the process.
According to the website administration, most of the users' funds are stored on cold wallets, which eliminates the risks associated with the theft of funds from trading balances. Besides, there is also a fraud prevention system, which involves algorithms for detecting and preventing suspicious activity from the user account. In case of detection of suspicious actions, the support service immediately contacts the customer and blocks the account until the circumstances are clarified.
Coinfield practices maximum transparency: all deposits are displayed in the blockchain, and the user can track them in a convenient format. As for the functionality of the trading cabinet, the platform offers convenient charts, powerful tools for analysis, order book, and trading history - the standard set of a professional trader.
Canadian platform operates in 100 countries, which makes it a full-fledged international cryptocurrency platform. An important advantage is that not only cryptographic but also fiat currencies are available here. In particular, you can trade with the US Dollar, Canadian Dollar, Euro, British Pound, Japanese Yen, and Arab Dirham.
About the commission fees
As for trading commissions, they range from 0.05% to 0.2% for the market-maker and from 0.15% to 0.5% for the market-taker, depending on the currency. No commission fee is charged for the money deposit. However, for the withdrawal, you will have to pay a fixed amount, individual for each currency. For instance, for the withdrawal of Bitcoin, the system will take 0.001 BTC, and for the withdrawal of Ethereum - 0.02 ETH. Besides, there is a minimum withdrawal amount. There is no withdrawal fee for Ripple and DigiByte.
Coinfield is a uniquely promising platform that will be of interest to both beginners and experienced crypto-investors. It is open, transparent, and reliable. The trading platform, registered in Vancouver, inspires confidence in investors, and, judging by the numerous comments of users, it clearly deserves their attention. However, like any other exchange, it is not suitable for 100% secure funds storage. For these purposes, we recommend using hardware wallets. But it is a good trading platform, especially considering a number of pairs for which a minimum trading commission is charged.