CoinBene is a cryptocurrency exchange located in Singapore and has its offices in Hong Kong, India, Brazil, Malaysia, and more. The crypto-to-crypto exchange was launched in November 2017. The trading fee is set at 0.1% when using major pairs like USDT, BTC, and ETH. CoinBene has its native token CONI that can be used to reduce trading fees. CoinBene’s CONI token can cut the trading fees to half which means to only 0.05%. The fee is the same for the market makers and the market takers. With CoinBene, a user just has to pay mining fees when he withdraws his funds. The Exchange has its own mobile apps for both iOS and Android users. The exchange has its users in over 150 countries, but it doesn’t allow the US investors to participate. The exchange does KYC checks on the first withdrawal of digital currencies. CoinBene offers a web-based trading solution. The user interface is simple and intuitive. Among the plethora of assets, few of the usual coins are missing like NEO, NEM, DASH, Monero, IOTA, Stellar, etc. The exchange does not support margin trading.
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