Coinsdrom review – Here’s what we found out about this crypto exchange 

About the brand

Coinsdrom operates in the field of cryptocurrency exchange, promising transparency, efficiency and a fully regulated process for buying and selling some of the most popular tokens today. People using this exchange can use multiple payment solutions and keep a tight grip on their crypto holdings. These are just some of the advantages of working with this brand, so naturally we just had to find out more about it. 

One of the main goals highlighted by the company is to become the best among industry leaders in the European markets. That can only be achieved if you are a 100% secure exchange and you offer attractive rates. Are they up for the task? Let’s find out.

Account features

The crypto exchange services designed by Coinsdrom successfully address a broad and diverse audience of people interested in crypto. Private clients can open an account within minutes, pass the verification process and then exchange tokens such as:

• Bitcoin (BTC)
• Ethereum (ETH)
• Tether (USDT)
• Binance Coin (BNB)
• Cardano (ADA)
• Dogecoin (DOGE)
• Litecoin (LTC)
• Bitcoin Cash (BCH)

At the same time, corporate clients are also welcome to join and benefit from tailored conditions based on their needs. There is a different verification process for them, in terms of what documentation needs to be provided to have the account approved. 

When making a payment in fiat, clients can use credit or debit cards, as well as bank transfers. It can take a little bit of time until Coinsdrom receives the funds, for security reasons, but then the transaction will be settled at the best market price. 

Exchange process

Signing up for an account with Coinsdrom is simple and fast. You have to provide identification details, complete a questionnaire, submit verification documents and then wait for the exchange’s approval. 

After the account is fully verified, users can proceed by linking their crypto wallets and making a deposit. Thanks to the web-based user interface, each of these steps should not be of any problem to you.  If you need extra information about the services provided, Coinsdrom can be contacted via email or phone. 

Security conditions

The platform designed by Coinsdrom uses a multi-layered security protocol, meaning clients benefit from the highest safety for their transactions. All individual information is fully encrypted, and this seems to be a top priority for the brand from day one. 

The KYC verification is mandatory because that way Coinsdrom is able to manage risk a whole lot better. Compliance plays an important role too, as it creates a framework in which everyone can operate in the crypto world with peace of mind.

None of your tokens are stored on the exchange,  and that’s why the company asks you to set up your own wallet and provide its address when setting up the transaction. 

Bottom line

Coinsdrom shows that it’s possible to operate in the cryptocurrency space while also advocating for strict rules and transparency. This company is authorized to provide such services and that creates a strong sense of safety among potential users. There are several important cryptocurrencies covered, which means clients have optionality. Coinsdrom processes transactions at the best market rates, relying only on trusted liquidity providers.