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Coinmetro Review

Last Updated: Aug 13, 2022  |  Published: Apr 6, 2022


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Our Review 

Coinmetro offers 30+ coins, beginner and advanced trading, margin, copy trading, staking and other features. Overall, we found better platforms with more coins and features, higher trading volume, and cheaper deposit/withdrawals. Skip to our alternatives section to see our top picks.

Where It Shines:

  • Advanced Features: Offers a pro exchange, copy trading, staking, margin and more
  • Low Exchange Trading Fees: Advanced traders get 0.00% maker / 0.10% taker fees

Where It Falls Short:

  • Only 30+ Cryptocurrencies: Other platforms offer hundreds of coins like Binance (600+), KuCoin (500+), Gate.io (1,000+)
  • Expensive Deposit/Withdrawal Fees: Up to $50 fee for fiat deposit/withdrawals

Coinmetro

Overview

Updated: Apr 6, 2022 | | Total Fees & Spreads: Coming Soon

Coins Offered

30+

Total BTC Purchase Fee

[coming soon]

Total BTC Selling Fee

[coming soon]

BTC Spread

[coming soon]

Exchange Trading Fee

0.00% Maker

0.10% Taker

Dashboard Swap Trading Fee

1.25%

Fiat Wallets

4 (USD, AUD, GBP, EUR)

BTC Withdrawal Fee

0.15%

Notable Features

Advanced Trading, Copy trading, Native token called XCM

Supported Countries


Best Alternatives

Here are the best crypto exchanges around the world that are supported in many countries. We assessed 21 platforms across 40+ variables and 950+ data points.  

Binance
  • 600+ cryptocurrencies
  • Lowest spreads and fees in the industry
  • Most features in the industry
  • Not beginner friendly
Kucoin
  • Low spreads and fees if you fund your account with crypto
  • 700+ cryptocurrencies
  • Trade anonymously (all you need is an email right now)
  • Not beginner friendly
Crypto.com
  • Best crypto credit cards
  • Earn interest on 40+ coins
  • Lots of fiat currencies supported
  • High spreads
  • User interface
Coinbase
  • Best reputation, publicly traded company
  • Best for beginners
  • Beginner + Advanced trading
  • Very high fees overall
FTX
  • Low trading fees and low overall fees
  • Lots of advanced features
  • Hard for beginners
RankFinance

Find the best crypto exchanges with our free comparison tool


Compared

Compare the world's most popular cryptocurrency exchanges:

Name

Coins

# of Features

Standard Trading Fee

Supported Countries

Fiat Wallets?

BTC Withdrawal Fee

Website

240+

15+

0.10%

190+

No

0.0005 BTC

Binance

Binance 🏆(#1 overall)

600+

30+

0.10%

100+

Yes

0.0005 BTC

150+

15+

0.20%

?

Yes

0.0004 BTC

750+

10+

0.25%

180+

No

0.0005 BTC

50+

5+

0.50%

?

Yes

0.0005 BTC

300+

5+

0.75%

100+

Yes

0.0003 BTC

140+

15+

0.10%

180+

No

0.0005 BTC

170+

10+

3.99%

100+

Yes

Dynamic

110+

5+

0.60%

100+

Yes

Dynamic

30+

10+

0.10%

150+

Yes

0.15%

250+

20+

0.40%

90+

Yes

0.0006 BTC

40+

10+

0%

50+

Yes

0.50%

190+

20+

0.07%

180+

Yes

Free/Dynamic

1000+

30+

0.195%

190+

No

0.001 BTC

60+

15+

1.49%+

60+

Yes

0.001 BTC

60+

10+

0%

100+

Yes

0.0005 BTC

500+

20+

0.20%

130+

Yes

0.0005 BTC

190+

10+

0.26%

190+

Yes

0.00002 BTC

500+

20+

0.10%

190+

No

0.0005 BTC

350+

25+

0.10%

100+

No

0.0002 BTC*

300+

10+

0.155%

100+

No

0.0005 BTC

130+

10+

0%

180+

Yes

0.0003 BTC + $2.99


Screenshots

Updated: Apr 6, 2022

[Coming Soon]


Coinmetro

About Coinmetro

Updated: Apr 5, 2022

Coinmetro is an Estonia-based cryptocurrency exchange available in more than 100 countries around the world. They support 30+ cryptocurrencies and several fiat currencies like AUD, USD, EUR, and GBP.

Overall, it's a user-friendly platform that includes features like beginner and advanced trading, margin, staking, copy trading and more. They also have their own native token called Coinmetro Token (XCM).

Some Stats

  • Available in 100+ countries
  • Headquartered in Estonia
  • Founded in 2017
  • 50+ employees according to LinkedIn

Fees & Spread

Updated: Apr 6, 2022

Trading Fees

Amount

Dashboard Quick Swap 

1.25%

Exchange

0.00% Maker

0.10% Taker

Margin Trading 

0.10% exchange fee

Interest 0.08222% daily

Copy Trading

0.10% exchange fee

5-25% performance fee

Price Test & Spread

Price Test (On Apr x, 2022)

Prices

Total BTC Purchase Fee

0.00%

Total BTC Selling Fee

0.00%

Exchange Trading Fee

0.00% Maker

0.10% Taker

BTC Spread

0.00%

BTC Buy Price

$00,000

BTC Sell Price

$00,000

Ref. Price Difference

Buy:

Sell:

Reference Price (Google)

$00,000

More Information

We tested 20 cryptocurrency exchanges at the same time to compare the true fees. This data was collected on Mar 2, 2022 at 4:41pm and is subject to change since spreads and prices change daily.

  • *Total BTC Purchase Fee = Trading Fee + Buy Reference Price Difference
  • *Total BTC Selling Fee = Trading Fee + Sell Reference Price Difference

Keep in mind, there could be additional fees for depositing/withdrawing fiat. Check fees for your local fiat currency if it is supported on this exchange.

You can compare all platforms tested on this page

What We Found

Coming soon.


Deposit & Withdrawals

Updated: Apr 6, 2022

Fiat Currencies

Fiat Wallets

(Deposit/Withdrawals supported)

USD - United States Dollar

AUD - Australian Dollar

GBP - Pound Sterling

EUR - Euro

Credit/Debit Card

Yes (2.99%-4.99% fees)

P2P Exchange

No

Crypto Withdrawal Fees

Type

Fee

Minimum Withdrawal

Bitcoin

0.15%

$50 / €50

Ethereum

0.15% + Network Fees

$50 / €50

USDT

0.15% + Network Fees

$50 / €50

XLM

0.15%

$50 / €50

What We Found

Coinmetro supports 4 fiat currencies which are USD, AUD, GBP and EUR. However, it's not free. The fees can range up to $50/ €50 to deposit and withdraw which is very expensive. For crypto withdrawals, there is a fixed 0.15% fee and for ERC-20 tokens it's 0.15% + network fees.


Platform & Features

Updated: Apr 6, 2022

List of Features:

  • iOS, Android and Web app
  • 30+ Cryptocurrencies & 4 Fiat Currencies
  • Swap (Quick Buy/Sells)
  • Exchange (Advanced Trading)
  • Spot Trading & Margin Trading
  • Copy Trading
  • Staking
  • Securities
  • XCM (native utility token)
  • Referral Program
  • 24/7 Customer Support
  • And More

1. iOS, Android and Web App

CoinMetro is available on iOS, Google Play and your web browser. The interface is easy to navigate while still offering both basic and advanced features. 

2. 30+ Cryptocurrencies

  1. Bitcoin
  2. Ethereum
  3. 1Inch
  4. AAVE Protocol
  5. Band Protocol
  6. Basic Attention Token
  7. Bitcoin Cash
  8. Chainlink
  9. Coinmetro Token
  10. EnjinCoin
  11. Flux Network
  12. Hathor Network
  13. Kadena
  14. Litecoin
  15. Stellar Lumens
  16. Mirror Protocol
  17. Ocean Protocol
  18. OmiseGO
  19. Parisq
  20. Parisq Boost
  21. Quant
  22. Ripple
  23. SushiSwap
  24. Syntetix
  25. Terra
  26. TerraUSD
  27. Tezos
  28. ThoughtAI
  29. USD Coin
  30. Uniswap
  31. And more

3. Dashboard Swap

The easiest way to buy, sell and trade crypto is using the "Swap" feature in the main dashboard. It lets you quickly and easily convert any fiat/crypto or crypto/crypto pair. Keep in mind, this has high trading fees of 1.25%.

4. Exchange (Advanced Trading)

More experienced traders can use the “Exchange” section. This offers limit orders, market orders, Trading View charts, technical analysis tools and other data.

5. Margin Trading

6. Copy Trading (TraM)

Copy trading lets you mirror skilled traders and make the same moves as them. You can choose which manager you wish to mirror and withdraw your funds at any time. Performance fees range from 5%-25%. Learn more here

7. Staking

CoinMetro lets you earn passive income for staking supported cryptocurrencies on flexible or locked terms. At the time of this writing they offer staking for XCM, FLUX, KDA, THT and VSP.

Other crypto exchanges that offer staking and rewards include Kraken, Crypto.com, Binance, Huobi Global and more. You can compare coins and yields to find the best rates.

8. Securities

CoinMetro “Securities” section is a marketplace to invest in STOs and digital securities. 

9. XCM (Utility Token)

The Coinmetro Token (XCM) is Coinmetro's native utility token. It's tied to all of the platforms transactions and has multiple use cases such as staking and more.

10. Referral Program

Other

  • API Keys Management
  • Bug Bounty Program
  • Demo Platform (test Coinmetro with virtual money)

Security

Updated: Apr 5, 2022

Has CoinMetro Been Hacked?

Yes, CoinMetro was hacked in 2020, and a small amount of funds were stolen. Fortunately, their security system detected the breach and took action within seven minutes. A quick response enabled them to mitigate the risk, so the hacker only left with about $6500 instead of $500,000. Learn more here.

Company Security Features

  • 98% of digital assets are held in offline storage via BitGo
  • Registered with AUSTRAC in Australia and FinCen in the USA
  • Licensed and regulated EU business
  • Bug bounty program where white-hat hackers can get paid to find bugs and vulnerabilities
  • Learn more about their security protocols here

User Security Features

  • 2 Factor Authentication for signing in, updating passwords, approving transactions
  • IP Verification (manage and authorize IP addresses that can login to your account)
  • View Login History (recent logins, IP addresses, devices, etc)
  • Force Logout All Sessions or Devices

Can You Trust Them?

CoinMetro appears to be a safe cryptocurrency exchange. They're licensed in multiple countries, offer 2FA, store 98% of digital assets in cold storage, and have various other security features.

⚠️ Although this platform is safe, over 50% of platforms we tested have had hacks or incidents in the past. We strongly recommend storing and protecting your crypto on a non-custodial wallet where you own the private keys. Preferably, a reputable hardware wallet like the Ledger Nano X.


Customer Support

Updated: Apr 5, 2022

CoinMetro offers a 24/7 customer support team that can be reached via email or live chat on their website or app. According to their website, they usually respond within 5 minutes. Additionally, they have a good help desk with articles and FAQs.

Coinmetro Customer Support
Coinmetro

Coinmetro

Trade 30+ cryptocurrencies