Coinhouse Review: Reliable Platform or Scam?

Before investing in cryptos, you need to find a platform. Among these platforms, Coinhouse is one of the most popular. Is this a scam or a reliable cryptocurrency site? You will find answers in this Coinhouse review;

 

 

Our Opinion on the Coinhouse Platform

Coinhouse is a reliable and regulated Cryptocurrency exchange platform. In addition to this, purchase and sale operations are almost instantaneous since it allows you to make purchases directly through authorized transaction means. As a result, you can no longer make a deposit transaction.

Coinhouse simply specializes incrypto exchange. It just connects buyers and sellers. Therefore, crypto trading is not feasible on Coinhouse.

Although Coinhouse is limited in terms of functionality, we assure you that the services offered there are very attractive.

Coinhouse fees on Crypto withdrawals in

When withdrawing digital coins, Coinhouse charges you a few hundredths of the amount of crypto you withdraw. This insofar as you decide to withdraw all of your cryptos. On the other hand, when you withdraw only part of your coins, these costs are not taken into account. Also, you should know that crypto withdrawal fees are not fixed. They vary depending on the amount of your transaction.

Prices for buying and selling Crypto

• Price on the Premium account: the rate for purchasing via transfer and selling is 2,49%. On the other hand, the rate for purchases by credit card is 3,49%.
• Fees on classic account: the rate for purchasing via transfer and selling is 2,99%. While the rate for purchases by credit card is 3,49%.

What are the payment methods on Coinhouse?

• Bank transfer
• Credit or debit cards.

Deposits on Coinhouse

• Open your dashboard and click on the “My Accounts” button
• A list of cryptos available on the platform is displayed, each time with a “Deposit” and “Withdraw” button. So click on the “Deposit” button placed in front of the crypto to be transferred.
• Click “File” again in the window that will appear on the screen.
• Scan the QR Code or copy the wallet address presented to you by Coinhouse, and click “Close”
• Mention the QR Code or wallet address retrieved beforehand when sending from the external wallet.

Sending cryptos will therefore take a few minutes, and you can check that it is well done by observing your history.

Withdrawals on Coinhouse

• Log in to your dashboard, and click on “My Accounts”
• Then click on “Withdraw” just in front of the crypto you want to extract
• Insert the address of the external wallet or its QR Code
• Then, define precisely how much crypto you want to withdraw. If you want, click on “Withdraw maximum” to transfer all of your crypto tokens.
• Finally, click “Continue”.

Is Coinhouse regulated?

As we said above, Coinhouse is the very first French site to be recognized as a PSAN. He received this authorization to practice by the prestigious Financial Markets Authority (AMF). Coinhouse is therefore regulated by this body which supervises stock market activities in France.

In short, given its impeccable track record and its legality, the Coinhouse review is positive on this point. So, it is among the reliable cryptocurrency site. You can trust him.

What transactions can be done on Coinhouse?

• Buying cryptocurrencies: If you decide to acquire a digital currency, all you have to do is check if it is listed in the Coinhouse range. After confirmation, you can buy the token in question with national currencies (EURO and US DOLLAR).
•  Selling cryptocurrencies: if you have tokens to sell, you just have to log in to this site, then you make your tokens available. It won't take long for you to find a buyer.
• Coinhouse crypto exchange: allows you to trade digital assets.

Cryptos available on Coinhouse

In addition to facilitating the purchase, sale, and custody of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and more than 50 other crypto-assets, the Coinhouse platform also offers savings and 'investment.

What wallet does Coinhouse use?

• Ledger Nano X
• eToro Wallet

Coinhouse customer service for

If there is a problem, you can report it to customer service. Coinhouse also has support available by telephone (+33 (0)1 53 00 92 60), as well as by instant chat. The service is open 24 hours a day to provide you with solutions.

On this, the Coinhouse opinion is positive, because this site puts in place measures to assist its customers in the event of a problem.

The avantages of the Coinhouse broker

• Reliability. This site demonstrates transparency in the management of your assets.
• The ease of use of the site. On Coinhouse, the platform is very clean, which makes it really easy to handle.
• The possibility of investing according to your level of experience and budget
• A more or less decent range of cryptocurrencies

The disadvantages of the Coinhouse broker

• The mobile application that is really not practical
• Coinhouse does not offer leverage to its clients
• No built-in software wallet
• Coinhouse does not accept Skrill, Neteller and other e-wallets as payment methods.

How to close your Coinhouse account?

Send a request to the address  [email protected]. However, the site will only delete your account if you meet the following conditions:

• You have provided the exact email address of the account to be deleted
• No operation is running on your account
• Your account balance is completely empty.

Coinhouse VS BitPanda

Coinhouse was created in 2014 and its head office is located in Paris. It is a broker regulated by the AMF, its average fee is 0,99% and it has no leverage. The most traded cryptos within this broker are Bitcoin and Ethereum. Coinhouse does not have a mobile application. However, BitPanda is headquartered in Vienna, Austria. Its average fee is 1,5% and it has no leverage. The most traded cryptos within this broker are Bitcoin, Ethereum, BitPanda, Ecosystem and Token. BitPanda has a mobile application and it is regulated by the AMF.

Coinhouse VS Vantage FX

The creation of Coinhouse was in 2014 and its head office is located in Paris. The most traded cryptos within this broker are Bitcoin and Ethereum. It has no leverage and its average fee is 0,99%. Coinhouse is a broker regulated by the AMF and does not have a mobile application. As for Vantage FX, its main residence is in Australia and it was created in 2009. This broker is regulated by ASIC, its leverage is 1:400 and its average fee is 0.1pip. The most traded crypto within this broker is Bitcoin and it has a mobile application.

❓What is the Minimum Deposit on Coinhouse?

There is no minimum deposit on this site. Coinhouse allows you to buy cryptos directly from your bank, without another prior transaction. So, without a deposit operation, no minimum to deposit is imposed.

❔Does Coinhouse Have Customer Support?

Of course. If you encounter any difficulties while shopping for cryptos on Coinhouse, you can consult its customer service. He can therefore be reached via the telephone number +33 (0)1 53 00 92 60. You can also send an instant message to Coinhouse in the event of a problem.

Can you mine cryptos on Coinhouse?

This site admits three main services namely, the purchase, sale, and exchange of cryptos. So, no, it is not possible to mine digital currencies via Coinhouse.

Is Coinhouse Suitable for Beginners?

Almost everyone agrees that Coinhouse is very easy to use. Indeed, its ergonomic design has a positive influence on the user experience. That said, the latter can use it easily regardless of their level of expertise. So we can say that Coinhouse is a good site for those who are new to crypto.

☝️Is Coinhouse a Good Crypto Buying Site for Business?

When it comes to providing a service worthy of a professional investor, Coinhouse is not the best option. It doesn't even offer leverage. Also, there are not enough information resources to use on this site. All this proves that it is aimed more at a beginner audience.

 

Have you ever bought Cryptos on Coinhouse? So, please give us your impressions in the comments.