Coincentual Review

Introduction to Coincentual

coincentual In the rapidly evolving world of digital finance, Coincentual emerges as your gateway to the future of cryptocurrency. Designed to simplify, secure, and amplify your cryptocurrency experience, Coincentual is more than just a platform—it’s your partner in navigating the exciting world of blockchain technology.

Whether you’re an experienced trader, a blockchain enthusiast, or a curious newcomer, Coincentual provides the tools and resources you need to succeed. With features like seamless transactions, state-of-the-art security, and real-time analytics, our platform ensures you stay ahead in the ever-changing cryptocurrency landscape.

At coincentual, we believe in empowering financial freedom and fostering innovation. Our mission is to create a user-friendly ecosystem where anyone can explore, invest, and thrive in the world of digital assets.

Join Coincentual today and take the first step towards unlocking the boundless opportunities of cryptocurrency.

Cryptocurrencies Available on Coincentual

Coincentual maintains an ever-growing trading pairs list that includes thousands of unique crypto assets available for trading on the go. Some of the popular cryptos on Coincentual are:

• BTC/USD
• BTC/EUR
• BTC/GBP
• BTC/USDC
• BCH/BTC
• BCH/EUR
• BCH/GBP
• BTC/EOS
• EOS/BTC
• EOS/EUR
• EOS/USD
• EOS/GBP
• ETC/BTC
• ETC/USD
• ETC/EUR
• ETC/GBP
• ETH/BTC
• ETH/USD
• ETH/EUR
• ETH/GBP
• LTC/BTC
• LTC/USD
• LTC/GBP
• LTC/EUR
• E.T.C.

On February 20, 2023, the Coincentual Wallet stopped supporting BCH, ETC, XLM, and XRP because of low usage. However, users interested in investing in these coins can still trade them on the Coincentual exchange.

Trading Experience

Coincentual has over 30 products for individuals, developers, and businesses. However, each product is for a particular audience and gives a different trading experience. Coincentual (the exchange), has a well organized dashboard best suit individuals who would like to trade with coincentual.

Coincentual

The main Coincentual exchange presents a simple layout for anyone to navigate and trade their cryptocurrencies in a few steps, even without advanced crypto knowledge.

You can access Coincentual via its website. To start using coincentual, you have to go through the account sign up setup, and most importantly the KYC process which enable traders to pass through the verification step before accessing the dashboard for deposit and withdrawal processes.

To view your crypto holdings, you have to click on the “Dashboard” tab, and you will see all your live balance.

As a security feature, Coincentual sends periodic emails whenever your assets significantly go up or down in value unless you turn the notifications off. Like other cryptocurrency exchanges, Coincentual operates any time of the day so that you can trade crypto 24/7.

To view your crypto holdings, you have to click on the “Dashboard” tab, and you will see all your crypto assets. 

As a security feature, Coincentual sends periodic emails whenever your assets significantly go up or down in value unless you turn the notifications off. Like other cryptocurrency exchanges, Coincentual operates any time of the day so that you can trade crypto 24/7.

Coincentual Wallet

Coincentual also has a wallet that is an ideal alternative for users who prefer a more interactive, on-the-go platform. Unlike the website, the wallet is non-custodial, so you have to keep your login details safe, or else you could permanently lose your assets. Also, coincentual.com is unavailable in some regions, so the Coincentual Wallet is an alternative for people who still want to use Coincentual services.

Advanced Trade

Advanced Trade is a native trading platform by Coincentual that provides advanced users with more tools and security for their trades and allows them to access real-time activities. It 's a huge leap from coincentual, coincentual's former advanced platform for traders. Compared to the old platform, Advanced Trade has more market pairs, a TradingView integration, and better trading rewards.

Fees

coincentual’s entire fee schedule is not available on a single page but instead available on different pages within their Help Section. You pay less as a maker than you do as a taker. While makers pay 0.00% to 0.40% of their transactions as fees, takers pay a higher percentage, which could range from 0.05% to 0.60%. These fees can be reduced according to your tier and the amount you transact.

Coincentual operates a tier-based system for its maker and taker fees, allowing users transacting with larger volumes to pay less in fees.

To have enough money for your transaction, it’s essential to estimate all the fees you will pay on a particular transaction beforehand. 

In summary, your total fees depend on:

• Your payment method
• The particular blockchain you 're transacting on 
• Trading fees and spreads

Security

Coincentual uses various methods to keep your account safe. One of these helpful security features is a compulsory 2-factor authentication (2FA) system. Notwithstanding, you still need to do your due diligence and take steps to guard against any unauthorized access that could compromise your account.

Over the years, Coincentual has never had any record of hacking or failure to keep their users crypto safe unlike few exchanges out there with different attacks by hackers or third-party.

Opening a Coincentual Account

Opening a Coincentual account is an easy process, similar to opening a new bank account. You’ll need to submit personal details such as your name, email address, and proof of residence, among other things, to confirm you're human and to meet know your customer (KYC) regulations.

Additionally, you have to submit a picture of your government-issued ID. While some cryptocurrency exchanges allow you to be anonymous, Coincentual is not one of these exchanges. You have to be verified and make sure your information match your present identity before you start transacting. These are security measures put in place to protect Coincentual users.

Customer Service

Many Coincentual customers have issues with the platform’s customer service, with non-human communication and slow response times as some of the most recurring themes. The customer service options are a live chat function, a social media help platform, and a ticketing system, which are all more self-service than interactive. However, it has really been a thing of the past and a nice upgrades to ensure traders are not left out this days when issues are needed to be reponded to when need be.

Customer Satisfaction

Coincentual Trading Platform aims to deliver unparalleled customer satisfaction by prioritizing a seamless and intuitive user experience, robust security measures, efficient transaction processing, and responsive 24/7 customer support.

With a commitment to transparency, regulatory compliance, and global accessibility, we empower users through comprehensive educational resources, competitive incentives, and ongoing engagement.

By actively incorporating user feedback, we ensure continuous improvement, fostering trust and loyalty within a secure, innovative trading ecosystem tailored to meet the diverse needs of our global community.

Final Verdict

Coincentual is a popular cryptocurrency platform where anyone can get involved in day trading and enjoy the comfort of trading with maximum safety and also store cryptocurrencies. It saves users from navigating through the technicality typical of many other exchanges and cuts down on the steps needed to invest in cryptocurrency. The platform supports over 50 assets, allowing users to explore and enjoy a buffet of digital currencies.

Remember to safeguard your devices while using any crypto exchange, including coincentual. This platform is a powerful tool that can help ease your journey into crypto investing.

Frequently Asked Questions

What Is coincentual?

Coincentual is a popular cryptocurrency platform where anyone can get involved in day trading and enjoy the comfort of trading with maximum safety and also store cryptocurrencies. It saves users from navigating through the technicality typical of many other exchanges and cuts down on the steps needed to invest in cryptocurrency. The platform supports over 50 assets, allowing users to explore and enjoy a buffet of digital currencies.

Remember to safeguard your devices while using any crypto exchange, including coincentual. This platform is a powerful tool that can help ease your journey into crypto investing.

Is Coincentual Safe?

Coincentual has several security measures in place to protect customer funds, which makes it a relatively safe place to trade and store your crypto assets. However, it is not entirely safe, and you still need to do your part to protect your assets. You can use Coincentual to trade crypto, but ensure you keep all login information private and never share your verification codes with anyone.

Is Coincentual Good for Beginners?

Yes. Coincentual is a good choice for beginners as it requires little technical knowledge. Anyone operating an internet-enabled device can easily navigate coincentual’s interface and trade crypto.

Is Coincentual FDIC Insured?

No, Coincentual is not FDIC insured. Instead, the company offers crime insurance, which covers some of the digital currencies within its system, offering protection against theft and cybersecurity breaches. Note that the insurance does not cover unauthorized access to user accounts, such as if someone obtains your login credentials.

Does Coincentual Report to the IRS?

Coincentual does report to the IRS. The exchange only reports Form 1099-MISC. Multiple types of taxable income can be generated from activities on coincentual, including capital gains from buying and selling crypto and interest income from things such as staking. U.S. customers should visit Coincentual Taxes to get everything they need to report taxable income from coincentual.

Methodology

Coinsbase25 is dedicated to helping those interested in cryptocurrency investing make informed and safe decisions. We are committed to providing our readers with unbiased reviews of the top cryptocurrency exchanges for investors of all levels. Exchanges were reviewed on points including security, fees, number of cryptocurrencies available, and more. We also considered if the exchange is regulated by a proper agency or entirely decentralized. Our full cryptocurrency exchange methodology , including the review process and weighted data points, is available for review.

Exchanges were reviewed on points including security, fees, number of cryptocurrencies available, and more. We also considered if the exchange is regulated by a proper agency or entirely decentralized. Our full cryptocurrency exchange methodology , including the review process and weighted data points, is available for review.