Table of Contents
Introduction
CoinTR is a relatively new contender in the rapidly evolving cryptocurrency exchange market. Founded in 2022 and rooted in Istanbul, this platform combines the might of traditional Turkish financial institutions and the expertise of leading crypto professionals. In this review, we’ll delve deep into the features, strengths, and potential areas of improvement for CoinTR.
Background & History
Launched in 2022, CoinTR is the result of a collaboration between the titans of traditional Turkish finance and seasoned crypto exchange experts from London & Istanbul. With a $15 million initial round of funding and headquarters in MASLAK, Istanbul’s CBD, CoinTR has positioned itself as an international cryptocurrency platform.
Key Features
- Trading System: CoinTR boasts a 3rd generation trading system, promising 99.99% availability and high throughput.
- Diverse Trading Tools: The platform offers tools for fiat trade, spot trade, futures trade, and high APY financial products.
- Global Partnerships: With over 100+ global collaborations, CoinTR emphasizes its “safe, reliable and win-win” approach.
- Mobile Trading: Available on iOS, Android, and Windows, CoinTR’s mobile application ensures trading on the go.
- CoinTR Charity: Their active involvement in post-disaster recovery in Turkey showcases their commitment to social responsibility.
Security Measures
CoinTR places a heavy emphasis on security:
- Audited System: Their trading system has been inspected and verified by HACKEN.
- Wallet & Risk Control: The team hails from globally recognized top exchanges.
- Professional Financial Management: CoinTR adheres to stringent international financial management standards such as SOX404, GAAP, and ISO27001.
Customer Support
CoinTR provides responsive live chat support, supplemented by email and dedicated support resources, ensuring timely and efficient assistance for users.
Trading Volume & Liquidity
With a 24-hour trading volume reported at approximately $324,419,668.24 and 67 coins with 112 trading pairs available, CoinTR offers substantial liquidity.
Regulations & Compliance
- Global Compliance: CoinTR is actively seeking global compliance regulatory licenses and has acquired US MSB and cryptocurrency licenses in the EU special economic zone.
- Turkish Partnerships: Notably, CoinTR is taking significant strides in local mass adaptation efforts, partnering with Turkish state banks.
Pros and Cons
Pros:
- Advanced 3rd generation trading system.
- Strong backing and foundation.
- Diverse trading tools.
- Extensive security measures.
Cons:
- The platform is relatively new and may yet have to face growing market challenges.
User Reviews & Testimonials
Global media remarks paint a favorable picture. Forbes highlighted CoinTR’s user experience redefinition and their partnership with Turkish state banks. CoinMarketCap ranks CoinTR as the third-largest exchange in Turkey.
Conclusion & Recommendation
CoinTR, with its robust security measures, advanced trading system, and commitment to global compliance, is certainly making waves in the crypto trading sphere. For those looking for a blend of traditional financial security and modern crypto tools, CoinTR seems like a compelling choice. As always, traders are advised to do their research before making any investment decisions.
FAQs
CoinTR was founded in 2022.
CoinTR is based in MASLAK, Istanbul’s CBD.
They utilize a 3rd generation trading system.
CoinTR’s system has been audited by HACKEN, and they adhere to international financial management standards.
CoinTR offers over 100+ cryptocurrencies for trading.
Yes, they offer a mobile application available on iOS, Android, and Windows.
Yes, following an earthquake in Türkiye, CoinTR provided substantial aid to affected areas.
CoinTR categorizes users based on trade volume or asset balance, offering different fee levels.
It’s a collaboration between traditional Turkish financial institutions and crypto experts from London & Istanbul.
Their mission is to explore new fortunes in crypto.
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