Welcome to this article on CoinTiger crypto exchange reviews. In this piece, we will be looking at the popular cryptocurrency exchange, CoinTiger, its features, services, and how it compares to other exchanges in the market. As the cryptocurrency market continues to grow, choosing a reliable exchange has become increasingly important. We hope that this article will provide valuable insights into CoinTiger for those looking to invest or trade in cryptocurrencies through this exchange.
Understanding CoinTiger
In recent years, cryptocurrency has become a buzzword in financial markets worldwide. People from all over the world are investing in cryptocurrencies as they see it as a potential asset for future investments. One of the significant aspects of cryptocurrencies is the exchanges they are traded on. A cryptocurrency exchange is a platform where traders can buy, sell, and exchange cryptocurrencies. One such exchange is CoinTiger. CoinTiger is a centralized cryptocurrency exchange that allows traders to buy, sell and trade various cryptocurrencies. It was launched in November 2017 and is based in Singapore.
Key Features of CoinTiger
CoinTiger has several features that make it stand out from other exchanges. Some of the notable features of CoinTiger include:
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High Liquidity: CoinTiger has high liquidity, which means that traders can easily buy and sell cryptocurrencies of their choice.
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Multiple Trading Pairs: CoinTiger supports a wide range of trading pairs. It supports more than 300 trading pairs, including BTC, ETH, USDT, and various other cryptocurrencies.
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Security: CoinTiger uses advanced security measures to ensure that traders’ funds are safe. It uses two-factor authentication, SSL encryption, and cold storage to protect users’ digital assets.
CoinTiger Trading Platform
CoinTiger’s trading platform is user-friendly and easy to navigate. The platform has a simple interface that allows traders to place orders quickly. Traders can choose between a basic and advanced trading interface, depending on their trading experience. The basic interface is suitable for beginners, while the advanced interface is suitable for experienced traders.
Trading Fees
CoinTiger charges a trading fee of 0.08% for both makers and takers. The trading fee is relatively low compared to other exchanges. However, CoinTiger charges a withdrawal fee, which varies depending on the cryptocurrency being withdrawn. The withdrawal fee can be quite high for some cryptocurrencies.
Customer Support
CoinTiger provides customer support through various channels, including email, live chat, and social media. The support team is available 24/7 and can assist traders with any issues they may encounter.
CoinTiger Token (CTT)
CoinTiger has its native token, CTT. The token is an ERC-20 token that can be traded on various exchanges. The CTT token can be used to pay trading fees on the CoinTiger exchange. Traders who hold CTT tokens can enjoy discounted trading fees and other benefits.
CTT Tokenomics
The total supply of CTT tokens is 1 billion. The initial circulating supply was 500 million, with the remaining 500 million locked in a smart contract. The locked tokens will be released gradually over the next four years. The token is deflationary, which means that the supply will decrease over time. This is achieved by using a buyback and burn mechanism. CoinTiger uses 50% of its quarterly profits to buy back and burn CTT tokens, reducing the total supply.
Trading Fees
Customer Support
Customer support is a critical aspect of any cryptocurrency exchange. CoinTiger offers customer support through various channels, including email, live chat, and social media. The support team is available 24/7 and can assist traders with any issues they may encounter.
CoinTiger also has an extensive FAQ section on their website, which provides answers to common questions that traders may have. The FAQ section covers topics such as account creation, trading, and security.
CTT Tokenomics
Security
Security is a critical aspect of any cryptocurrency exchange. CoinTiger uses advanced security measures to ensure that traders’ funds are safe. The exchange uses two-factor authentication, SSL encryption, and cold storage to protect users’ digital assets.
CoinTiger has never been hacked, which is a testament to the security measures in place. The exchange also follows strict KYC and AML guidelines, which ensures that all traders are verified before they can trade on the platform.
FAQs – CoinTiger Crypto Exchange Reviews
What is CoinTiger crypto exchange?
CoinTiger is a centralized cryptocurrency exchange that was launched in November 2017. The platform is headquartered in Singapore and has a strong presence in Asia. It allows users to trade a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many others.
Is CoinTiger safe?
CoinTiger takes the security of user funds seriously and implements several measures to protect its users. These include using multi-factor authentication, cold storage for funds, and real-time monitoring of transactions. Additionally, CoinTiger is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), which is a regulatory body that oversees money services businesses.
What are the fees for trading on CoinTiger?
CoinTiger charges a flat fee of 0.08% for both makers and takers. This is relatively low compared to other exchanges in the industry. Additionally, CoinTiger offers a fee reduction program, where users can receive up to a 50% discount by holding a certain amount of the exchange’s native token, Tigercoin (TCH).
How do I deposit and withdraw funds on CoinTiger?
CoinTiger supports deposits and withdrawals in several fiat and cryptocurrencies, including BTC, ETH, USDT, and CNY. To deposit funds, users need to select the currency they wish to deposit and follow the instructions provided. Withdrawals are processed within 24 hours and can be done by selecting the currency to be withdrawn and entering the wallet address.
What are some of the features of CoinTiger?
CoinTiger offers several features to its users, including a 24/7 customer support service, a mobile app, an OTC (over-the-counter) trading desk, and a referral program. Additionally, CoinTiger has a user-friendly interface that makes trading easy for beginners, as well as advanced charting tools for experienced traders.
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