coin-banks.com

1.6
1.6 Based on 5 reviews

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Hopp3
Look Elsewhere to Trade Crypto-currencies...............

Coin-Banks touts itself as "the world's largest crypto-currencies trading platform". I sincerely doubt that is true.Sure they have a nice LOOKING trading platform but it does run slow and you are never guaranteed a certain price.Here are my main complaints with this company:1. The buy/sell spreads are the largest of any platform ANYWHERE. $16 spread for BTC!!! The spread on Coinbase is 1 cent with NO commission!!I trade on Coinbase every day and have never lost any money due to the 1 cent spread.2. The system is not running up to date. I have placed orders, with a confirmation price, and yet when the order was deposited in my account it was price FAR higher than the confirmation price. This is not good and not fair.3. The platform does not offer a limit price so one must watch the screen constantly rather than putting in a sell price and letting it take it's course.The same hold true for buy limit. This is totally unacceptable and unprofessional.4. EACH deposit you make into your account must be a minimum of $500. This is ludicrous and only serves the needs of the company.It's too bad Coinbase has NO customer service because their pricing is excellent. II am still searching for a REAL company that deals in crypto-currencies.

2
Date of experience: Aug 20, 2017

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