Buy, sell, and store bitcoin with CoinCorner - the UK's leading Bitcoin exchange.

CoinCorner Exchange: A Deep Dive into the Cryptocurrency Trading Platform

CoinCorner is a cryptocurrency exchange that has been steadily gaining popularity among crypto enthusiasts and traders. In this article, we will explore what CoinCorner offers, its strengths and weaknesses, and how it stands in the fast-growing cryptocurrency market.

Background and History

CoinCorner was founded in 2014 with the aim to make Bitcoin easy to access for people in the UK and beyond. The company has its headquarters in the Isle of Man and primarily serves customers in the UK and Europe. The founders, Daniel Scott, Charlie Woolnough, Phil Collins, and David Brown, wanted to create a platform that is user-friendly, secure, and reliable.

Features and Services

CoinCorner offers a range of features to its users:

• Buying and Selling: Users can easily buy and sell Bitcoin, as well as a selection of other cryptocurrencies.
• Mobile App: CoinCorner provides a mobile app available on Android and iOS, which makes trading on the go convenient.
• Referral Program: Users can earn rewards by referring friends to the platform.
• Auto Buy: This feature allows users to set up automatic purchases of cryptocurrency at regular intervals.

Fees and Limits

CoinCorner operates with a straightforward fee structure. There is a 1% fee for buying and selling Bitcoin, and the platform uses competitive exchange rates. Additionally, there are fees associated with depositing and withdrawing funds.

Security Measures

CoinCorner takes security seriously. They store the majority of customer funds in cold storage to minimize the risk of hacks. Two-factor authentication (2FA) is also available for added security of user accounts.

User Experience

One of CoinCorner’s strengths is its user-friendly interface. The platform is designed to be simple and easy to navigate, even for those who are new to cryptocurrency trading.

"CoinCorner makes buying Bitcoin so easy. It's been a breath of fresh air compared to other exchanges." - A satisfied CoinCorner user.

Customer Support

Customer support at CoinCorner is known to be responsive. Users can reach out through email or the platform's social media channels. However, there is no live chat support.

Final Thoughts

CoinCorner is an excellent choice for individuals, especially in the UK and Europe, looking to get into cryptocurrency trading. With its user-friendly interface, mobile app, and security features, it offers a good starting point for beginners and a reliable platform for seasoned traders. However, the relatively high fees for some services and limited cryptocurrency options may deter some users.