If the exchange’s website would become accessible again and the error is just temporary, we will «revive» it and bring it back to our Exchange List. Below is a text version of the list of wallets shared by the DragonEx exec. I enjoy researching new, innovative, and interesting blockchain/crypto projects that have the potential to impact the world. Whenever I’m not writing, I’m usually playing sports or producing music. CoinBene is available in 150+ countries, but it doesn’t currently allow US investors to participate. The reason for excluding US investors is primarily regulatory reasons since the US-legal regime imposes obligations on many companies accepting funds from US investors.
Moreover, traders can also add dozens of other indicators to the chart to update their trading strategies. Thus, CoinBene offers robust, efficient, and reliable crypto exchange services to its clients along with a plethora of benefits, like low trading and withdrawal fees. The company is also trying to make its native token Coni popular among its users by providing attractive incentives like discounted trading fees. The CoinBene exchange seems to be a very proactive and Biggest cryptocurrency exchange platform when it comes to its security. The exchange claims to have successfully prevented over 51% of cyber-attacks and brought in huge improvements in the overall security of the entire cryptocurrency ecosystem. There is an extensive list of cryptocurrency pairs on the CoinBene platform that includes leading currencies like USDT, ETH, or BTC.
- After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies.
- These applications can either be directly downloaded from Google PlayStore or Apple Store or can be downloaded via the CoinBene website by clicking on the “Download” tab on the main navigation bar.
- It is unknown if the hacker has already converted the funds into other cryptocurrencies, or if these are the funds that he originally stole from DragonEx.
- Well, remember MaxiMine, the platform whose the token the suspected hacker left largely untouched?
- This information is very important to traders because hackersoften target cryptocurrency exchanges for their attacks.
- Although this is typically only a temporary issue, for many users it’s a potential concern.
Users can also pay an even lower trading fee, which is possible if they hold a sufficient amount of Coni. It’s also important to note that fees are the same for market makers and takers. The CoinBene exchange features a very interactive and user-friendly trading interface on both the web (desktop) and mobile versions. To withdraw money, users just need to follow the on-screen guidelines by clicking on the “Withdraw” button of their “Account page”. Creating a CoinBene account is very simple and relatively straightforward. Users need to enter their email address and a strong password (should be alphanumeric consisting of 6 to 20 letters/numbers).
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However, they did not state how they store the tokens or the security protocols they follow. Their official website “” is secured with 128bit encryption software. This protects data entered into the website coinbene united states form being hacked during transmission over the internet. Because of the range of pairs, you will find support for all the most popular cryptocurrencies, as well as some you may not have heard of.
Marlin (POND) Now Available on CoinBene
The address for CoinBene is located in Singapore at 1 Coleman St., The Adelphi. As such, it is reasonably safe to assume that the exchange platform is based out of Singapore. Judging solely based on the experiences described by the Howdoo team, it would seem that CoinBene cover up the fact that it suffered a hack. Well, remember MaxiMine, the platform whose the token the suspected hacker left largely untouched? Well, investigating certain oddities surrounding the MaxiMine’s alleged involvement in the matter pushes the CoinBene story into a suspiciously sinister territory. April 1, 2019 heralded yet another twist in the tale, as the entity responsible for the original removal of the 18.4 million udoo tokens sent them back to the project’s smart contract.
Beginner’s Guide to CoinBene: Complete Review
If you choose, you can click on any point of a given crypto pair’s row and be taken to the exchange page to trade it. CoinBene is one of the many newer cryptocurrency exchanges designed to make it easier for those around the world to trade their crypto assets in a secure, trustworthy manner. The platform is relatively straightforward to use, offers a range of trading pairs, and has a familiar exchange interface like those https://cryptolisting.org/ of other trading platforms, so there is not a learning curve for new users. The trading page of CoinBene is similar to other leading cryptocurrency exchanges with the cryptocurrency pairs listed on the left side of the page. There are 3 columns dividing the total crypto pairs whether they include BTC, USDT, or ETH. Yet again, each column displays the respective coins in that pair, their values, and the percentage change.
Otherwise, there are many other customer grievance redressal options like QR codes for Telegram and WeChat, Twitter, and Weibo on the exchange homepage. To the right of the “buy and sell”, the current orders, for both buy and sell, are displayed. Each one is labeled as Ask1, Ask2, Bid1, Bid2, and so on, and also displays the asking price and quantity listed in separate columns. Directly below this, traders can view the most recent trades that they have completed with the given cryptocurrency pair, with the current orders placed by them immediately on its left.
It is not an offer to buy or sell any security, product, service or investment. The options for logging in or registering for an account are placed in the upper right-hand corner. To the right of this, there is an option to change the language. Another neat feature offered by CoinBene is a self-service listing model, which ensures greater efficiency, more transparency, and better service. This provides a straightforward process for high-quality projects to get listed.
Cryptos (
During signups, users provide their email and create a password. The first security step is to verify this email address entered. The second step is to enable the “Google Two-Factor Authentication” (2FA). This sends a code to the user phone whenever login is initiated using the Google Authenticator app. Before, you can withdraw; you must complete the KYC verification. This is done by uploading a valid government-issued identity card such as a driving license or international passport.
Remember that SMS verification codes will expire in 10 minutes, while email verification codes expire in 30. If you run into issues, try synchronizing the times on your computer and smartphone. After setting up Google Authenticator, all future security actions and login attempts will require a new Google Authenticator six-digit code, which changes every 30 seconds. Note that there is a low trading fee of 0.1 percent in the quote currency per transaction. The settings button on the candlestick graph lets you change the style to bars, hollow candles, Heikin Ashi, line, or area charts. You also can adjust colors, borders, wicks, scale location, override minimum tick, scales, backgrounds, and time zones.
Nick Schteringard of Russian crypto media Forklog also mentioned “strange activity” on Coinbene in his Twitter. Schteringard cites users who claim that their wallets were hacked using two addresses. He also notes that a large portion of previously unknown MaximineCoin, or MXM, is involved in transactions. MXM has seen gains of more than 700% per this month, he writes. Fees for trading cryptocurrencies are set at 0.1% across the board when using major trading pairs, which include USDT, BTC, and ETH.
Thus, it becomes a bit difficult for new crypto traders who do not have previous crypto holdings. In such a case, new crypto investors who want to begin trading on this platform will first have to purchase cryptocurrencies from any other cryptocurrency exchange and then deposit them at CoinBene to begin trading. Moreover, users can also avail a discounted trading fee if they hold a sufficient amount of “CONI” – CoinBene’s native cryptocurrency. This approach is to incentivize traders trading at the exchange to buy a large amount of the native CoinBene CONI token.
Bitcoin, Litecoin, Ethereum, Dash, Monero, Bitcoin Cash, Zcash, Dogecoin, Ripple and other altcoins accepted here. With a guided trading facility, the ability to trade over weekends, and over 10,000 trades served… Cointelegraph also reached out to MaxiMine for comments about the story.
Yes, CoinBene has some aspects (i.e. mobile app user experience and customer support quality) that need to be addressed. The reviews posted by mobile app users show some areas where CoinBene can improve. For instance, on Google Play, the Android app has an average of 2.7 out of 5 stars with 103 total reviews. Some reviewers claim the app is not compatible with Android 9 and/or that 2FA doesn’t work whenever they enter login details.
There are indicators and other trading tools useful to a trader. The iPhone and android app of Coinbene is available for download on the website. There is a total volume of 1 billion that will never be increased, and Coni is an ERC20 coin.
