CoinW review
Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026
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Our verdict
CoinW suits crypto buyers who want a long coin list and a simple custodial account. Trading fees are 0.1% for takers and 0.1% for makers, so cost is easy to model, and the platform runs on Hong Kong Trust or Company Service Provider licensing.
Key facts
- Best for
- Traders who want a long coin list and a flat fee they can plan around.
- Taker fee
- 0.1%↗
- Coins listed
- 354↗
- Regulators
- Trust or Company Service Provider (TCSP) licensing, Hong Kong↗
- Fiat deposit methods
- Bank↗
- Maker fee
- 0.1%↗
- Proof of reserves
- Yes↗
- Derivatives
- Yes↗
- Exchange type
- Cex↗
- Legal entity
- COINW↗
- Headquarters
- Comoros↗
- Founded
- 2017↗
- Support channels
- Help-centre, Community↗
- Features
- Custodial
- Official website
- coinw.com
Crypto earn
- Lock-up terms
- Flexible products redeemable at any time; fixed-term products cannot be redeemed early and are auto-redeemed at maturity↗
- Custody
- Custodial↗
Facts checked September 26, 2026, 8 sources
Apps and profiles
- Get the app
- App Store
Pros and cons
Pros
- 354 coins listed, a longer catalogue than most exchanges in the ranking.
- Proof of reserves is published, and the share of exchanges in the ranking that do the same is 84.1%.
- Fiat deposits run through bank transfer, the method most exchanges in the ranking take.
- Derivatives are available, so leveraged exposure sits next to spot holdings.
Cons
- Custody is custodial, so CoinW holds the coins and a problem at the exchange becomes a problem for you.
- Support runs on help centre and community only, with no live chat or phone line listed.
- Fixed term earn products cannot be redeemed early and are auto-redeemed at maturity.
Who it suits
- Buyers who want breadth, with 354 coins on a single account.
- Traders who want a flat fee they can plan around, at 0.1% for takers and makers.
- People comfortable letting the exchange hold the coins, since custody is custodial.
Who should look elsewhere
- Not ActivTrades on trading cost alone, since its taker fee is 0%.
- Not bunq for cheaper crypto trading, where fees run 0.25% to 1.99%.
- Not Bitpanda if you want a much longer coin list, from 650 against CoinW's 354.
The company behind it
The legal entity behind the brand is COINW, registered in Comoros and trading since 2017. Support is the part worth checking: help runs through help centre and community only, so written answers and community threads carry the load rather than a live phone or chat line. That suits customers comfortable reading documentation.
How CoinW compares
9.0 vs 9.5- 9.0 vs 9.3
9.0 vs 9.2
9.0 vs 9.7A taker fee of 0% is the lowest of the three options, so cost alone points elsewhere.
9.0 vs 9.4
9.0 vs 9.6
9.0 vs 9.0
9.0 vs 9.0
9.0 vs 9.0
9.0 vs 9.0
9.0 vs 8.9
9.0 vs 9.0
9.0 vs 8.2
9.0 vs 8.2
9.0 vs 9.7
9.0 vs 9.4
9.0 vs 9.3
9.0 vs 9.2
9.0 vs 9.2
9.0 vs 9.1
9.0 vs 9.0
9.0 vs 8.7
9.0 vs 8.6
Where CoinW is available
- Available
- Everywhere except United Arab Emirates, Afghanistan, Barbados, Bangladesh, Burundi, Bolivia, Bahamas, Botswana, Belarus, Canada, China, Cuba, Algeria, Egypt, Ethiopia, United Kingdom, Ghana, Hong Kong, Iraq, Iran, Jamaica, Japan, Cambodia, North Korea, Laos, Lebanon, Sri Lanka, Libya, Morocco, Myanmar, Mongolia, Malaysia, Nicaragua, Nepal, Panama, Pakistan, Qatar, Russia, Sudan, Singapore, Somalia, Syria, Tunisia, Uganda, United States, Venezuela, Yemen, Zimbabwe
- Licence in Hong Kong
- Trust or Company Service Provider (TCSP) licensing, Hong Kong, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does CoinW charge to trade?+
Trading fees are 0.1% for takers and 0.1% for makers, the same figure on each side of the book. That is under the site median of 0.2%, and it applies to spot trading across the 354 coins listed.
Who holds my coins on CoinW?+
CoinW is a custodial exchange and its user agreement describes custody as custodial. The platform holds the keys to assets on the account, so your coins depend on how the exchange is run and on account security, not on a wallet you control. It is the standard centralised model.
Which licence does CoinW hold?+
The licensing on record is Trust or Company Service Provider licensing in Hong Kong, listed under Trust or Company Service Provider (TCSP) licensing, Hong Kong. It is a business services licence, so the terms are the ones to read against Hong Kong rules, and the legal entity behind the brand is COINW.
How do I put money into CoinW?+
Fiat deposits run through bank transfer, the method most exchanges in the ranking also take. A bank transfer suits anyone who already holds funds in the right currency and avoids card limits, though the exchange sets how quickly the money lands on the trading balance.
Does CoinW publish proof of reserves?+
A proof of reserves figure is published for CoinW, and the share of exchanges in the ranking that publish one is 84.1%. With the custodial model, that lets you line up reported balances with what the platform says it holds.
Can I get money out of CoinW earn products early?+
Flexible savings products can be redeemed at any time, but fixed term products cannot be redeemed early and are auto-redeemed at maturity. The balance sits in the custodial account, so pick the term that matches how long you can leave the money untouched.
Can I trade derivatives on CoinW?+
Derivatives are available, so leveraged exposure sits next to spot holdings instead of selling to make a view. The venue is a centralised exchange, listed as cex, and custody is custodial, so derivatives and spot share the same account security.
Who does CoinW suit?+
CoinW suits buyers who want a long catalogue on a single account: 354 coins are listed, well above the 74.5 median for the exchange ranking. It is a poorer fit if you want to hold the keys yourself, since custody is custodial.
Sources
- coingecko.com/en/exchanges/coinw checked September 26, 2026
Backs: Coins listed, Founded
“id=coinw; coins=354; pairs=385”
- defillama.com/cex/coinw checked September 26, 2026
Backs: Proof of reserves
“slug=coinw; category=CEX; tvl=23320.045799430023”
- coinw.com/about-us checked September 26, 2026
Backs: Regulators, Support channels, Licences
“Operating across 200+ countries and regions, providing 24/7 multilingual customer support, and fully compliant localized services.”
- coinw.com/earn/crypto-savings checked September 26, 2026
Backs: Lock-up terms
“For flexible-term products: You can redeem your assets at any time. ... For fixed-term products: Early redemption is currently not supported. Your assets will be automatically redeemed to your Earn...”
- coinw.com/fees checked September 26, 2026
Backs: Derivatives, Maker fee, Taker fee
“When users conduct futures trading on CoinW, the platform will charge a fee to support platform operations. ... Currently, the fee for makers is 0.02% and for takers is 0.06%.”
- coinw.com/help-center/faq/official-updates/2020-04-15/use... checked September 26, 2026
Backs: Custody
“This platform provides virtual asset wallets in different currencies ... These functions include but are not limited to storing, receiving, sending, and participating in fixed deposits (provided by...”
- coinw.com/help-center/faq/official-updates/2025-09-15/leg... checked September 26, 2026
Backs: Headquarters, Legal entity
“a private limited company incorporated under the laws of Union of Comoros, with its registered address at Hamchako, Mutsamudu, Autonomous Island of Anjouan, Union of Comoros”
- coinw.com/p2p-trading/personalized/buy checked September 26, 2026
Backs: Exchange type, Features, Fiat deposit methods
“P2P marketplace quotes come from merchants, not CoinW. CoinW only serves as an intermediary for P2P services.”
Compiled from 8 source pages, checked September 26, 2026. We did not open an account.