Koinbay

Koinbay is a centralized cryptocurrency exchange focused on simplifying crypto transactions.

Founded

2023

Markets

160

About Koinbay

Established in 2023, Koinbay aims to enhance cryptocurrency transactions through a user-friendly exchange interface while offering a range of services that extend beyond simple trading. The platform provides users with the ability to purchase cryptocurrencies with fiat, engage in spot trading, and utilize various additional features such as staking and P2P transactions.

Koinbay emphasizes compliance with anti-money laundering (AML) and counter-terrorism financing (CFT) regulations, ensuring thorough user verification and transaction monitoring. The exchange offers basic trading functionalities alongside advanced options, including leverage trading and a variety of value-added services like gift cards and mobile top-ups, all accessible via its web portal and mobile applications.

Pros

Zero trading fees for both makers and takers.
Wide variety of markets with 160 available.

Cons

Limited information on futures and margin trading availability.
No fiat currencies specified for supported transactions.

Fees

maker fee: 0%
taker fee: 0%

CoinMarketCap's own reported average fee, not the exchange's published tiered schedule.

Trading Features

Spot trading

Yes

Frequently Asked Questions

What trading features does Koinbay offer?

Koinbay provides spot trading, staking, P2P transactions, and more, all accessible through its web and mobile platforms.

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Availability, fees and regulatory status vary by jurisdiction and change over time. Always confirm current terms directly on the exchange before trading.