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CoinEgg

2.8 from 4 votes
United Kingdom

Fees

Taker fee

0.5%

Maker fee

0.5%

Withdrawal fee

0.001

Funding methods

Wire transfer

Credit card

Other crypto

US investors permitted


CoinEgg Review

A trading cryptocurrency guide must provide reviews of all of the top crypto exchanges out there, so that you can find the best cryptocurrency exchange site for you. This review of CoinEgg consists of four parts: general information, fees, deposit methods and security.

General Information

CoinEgg is a cryptocurrency exchange based in the United Kingdom. United Kingdom is the country which without a doubt has the most cryptocurrency exchanges in the world. At least that we know of. A non-exhaustive list of exchanges from the UK (in addition to this one) includes Exmo, CEX.io, Livecoin, DSX, LocalTrade, Bittylicious (funny name by the way), CoinMate, Indacoin, MixCoins, Paybis, Vaultoro, Instant Bitex and eToro.

This exchange does not list US-investors as prohibited from trading, but US-investors should do their own independent assessment of any problems arising from their residency or citizenship.

CoinEgg Fees

CoinEgg Trading fees

Fees are of course extremely important to consider when picking the exchange that is supposed to be the best cryptocurrency exchange site for you.

Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. Makers get their name from the fact that their orders make the liquidity in a market. Takers are the ones who remove this liquidity by matching makers’ orders with their own. A number of top crypto exchanges don’t charge different fees between takers and makers. Usually, you say that such exchanges’ trading fees are “flat”.

CoinEgg is one such exchange, offering flat trading fees of 0.50%.

CoinEgg Withdrawal fees

The exchange charges a withdrawal fee amounting to 0.001 BTC when you withdraw BTC. This is in line with industry average.

Deposit Methods

CoinEgg does not accept any other deposit method than cryptocurrencies, so crypto investors that are completely new in the world of crypto are restricted from trading here. If you don’t have any crypto but want to start trading here, you will first have to purchase cryptocurrencies from another exchange and then, as a second step, deposit them at CoinEgg.

CoinEgg Security

CoinEgg’s security score is F, when performing the test at Observatory by Mozilla (https://observatory.mozilla.org/). This is below industry average when it comes to top crypto exchanges.

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Liquidity is something very important for all exchanges, cryptocurrency exchanges but also regular stock market exchanges. The above exchange does indeed have great liquidity. However, the following 10 cryptocurrency exchanges are also regularly among the cryptocurrency exchanges with the absolutely best liquidity in the world:

  1. BitMEX
  2. Bit-Z
  3. Bittrex
  4. Bithumb
  5. Coinbene
  6. BitForex
  7. IDAX
  8. BCEX
  9. Coineal
  10. DOBI Trade
CoinEgg compared with other cryptocurrency exchanges