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Coinroom

3.9 from 296 votes
Poland

Fees

Taker fee

0.25%

Maker fee

0.06%

Withdrawal fee

0.00025

Funding methods

Wire transfer

Credit card

Other crypto

US investors permitted


Coinroom compared with other cryptocurrency exchanges

Coinroom 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 Coinroom consists of four parts: general information, fees, deposit methods and security.

General Information

Coinroom is a Polish cryptocurrency exchange. US-investors may not trade on this exchange. So if you are a US-investor and want to trade here, you’ll have to reconsider your choice of trading venue and choose one of the other top crypto exchanges.

At Coinroom, you can have one of the following two account types: verified & unverified. The main difference between these two seems to be the turnover limitations. If you have an unverified account, your turnover is limited to EUR 15,000. With a verified account, your turnover is unlimited. Your account can be verified with the standard things (copy of government ID or passport copy, for instance).

As for fiat currency, this exchange supports the following:

Czech Koruna;

Denmark Krone;

Euro;

Great Britain Pound;

Norway Kroner;

Poland Zloty;

Russia Rouble (even though clients from Russia are prohibited from trading here);

Switzerland Franc; and

USA Dollar.

Coinroom Fees

Coinroom Trading fees

The trading fees for takers at this very coin exchange are 0.25%. This fee is exactly in line with the industry average (the industry average is arguably around 0.25%).

However, Coinroom charges a much lower fee for makers (0.06%). This is a very strong competitive edge in the market and is especially beneficial for the investors not interested in picking up existing orders from the order book but rather prefers to “go fishing” with maker-orders.

Coinroom Withdrawal fees

Coinroom charges a withdrawal fee amounting to 0.00025 BTC when you withdraw BTC. This fee is far below the industry average and a strong competitive edge for this exchange.

Deposit Methods

Coinroom offers wire transfer as a deposit method, but you can’t deposit via credit card. This of course negative news to you if you would prefer to use your credit card for any reason.

Security

Our security score is the result of testing the webpage of each exchange at Observatory by Mozilla (https://observatory.mozilla.org/) which has helped over 125,000 websites by teaching developers, system administrators, and security professionals how configure their sites safely and securely. Coinroom’s security score is B. This is far better than average when it comes to top crypto exchanges. Furthermore, each transaction you make here at Coinroom need to be verified with SMS and 2FA (two-factor authentication).

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If you have concluded that this is the exchange for you, congratulations! Go for it. But if not, please use our Exchange Finder here to find out which exchange has the best cryptocurrency exchange site for you.

Good luck!

Coinroom compared with other cryptocurrency exchanges