myntkaup review

Trading costs 1.99% as a taker fee and 1.99% as a maker fee, so both sides of the book pay the same rate, and each crypto withdrawal adds its own per-asset network fee. The taker rate sits well above the site median 0.2%.

The exchange lists 13 coins, a short list next to the site median 62, and it ranks 146 of 172 on coins listed. Anyone wanting a broad spread of tokens will find more elsewhere, while buyers on the main coins have enough here.

Yes. The regulator on record is Central Bank of Iceland, and the licence reads MiCA CASP 636700BAJ82J2GWSP231. The operating company is Myntkaup ehf., founded in 2019, so the business sits in the same market as the authority supervising it.

Fiat deposits run through bank and card, so funding works by bank transfer or by card. The account is custodial, so coins that land in it are held by the exchange until a holder moves them to a wallet they control.

Every crypto withdrawal carries a per-asset network fee, paid in the coin being sent rather than as a flat rate, and the amount differs from one asset to another. Moving coins out of the custodial account is where that cost lands, on top of the trading fee.

Support runs on email and help centre, so help comes by email or through the help centre, and no listed chat or phone line. The help centre carries the fee schedule, which is where trading rates and withdrawal fees are set out.

The taker fee of 1.99% is well above the site median 0.2%. Cheaper options sit in the same comparison: ActivTrades charges a taker fee of 0%, and bunq runs 0.25% to 1.99%.

It suits Icelandic crypto buyers who want an account supervised by Central Bank of Iceland and who are happy with a custodial setup. With 13 coins listed and a taker fee of 1.99%, it fits regular use on a handful of main coins rather than wide-ranging trading.