The larger US based exchanges are moving towards servicing institutional investors. There is a need for an exchange that focuses on individual retail investors.
We have no fees, you can buy coins for US Dollars directly, we make it fun with achievements, and we might even send you a free T-shirt or two! We also make it so easy, your sweet Grandma can understand and buy bitcoin.
Our exchange determines price based on the activity on Coinbook. At times our prices will be better or worse depending on who is buying or selling. Chances are, if the buy price is a little high, the selling price is better than other exchanges.
We make money on the difference between the buy and sell price.
Many exchanges want to be a bank and control your money. We don't. We want to teach you the philosophy of cryptocurrency which is to control your own wealth. If you use your own wallets you can be your own bank.
We choose coins that are over 4 years old that have a strong community. As we started Coinbook, we really relied on the support of the community and the most supportive coins were listed first.
If your coin is over 4 years old and has a strong community, we will consider it. Send us a support ticket with the request. Coinbook reserves the right to list or deny any coin for any reason.
If the coin is over 4 years old and still has a strong community and active development team, these coins should be safe to invest in even for an unsophisticated investor.
We don't list coins with anonymous features due to US anti-money laundering laws. We also only list coins that are not considered securities.
There are many exchanges that allow crypto to crypto trading. We focus on direct buying and selling from fiat to simplify taxes and make cashing out easier.
Coinbook wants to make trading approachable for all investors. Achievements mix things up and make it more fun. We also want to reward users for making Coinbook a success.
While the T-shirt size is optional, we do send T-shirts out to successful traders as well as anyone who uses the platform quite a bit. The shirts are free.
Yes call us during business hours at 385-247-COIN.
Most people are verified instantly. If it takes more than 60 seconds then feel free to contact us.
The micro deposits are put into your bank at the bank's pace which is usually 3 business days. However, we have seen accounts get verified in 1 business day before, but still plan on 3 days.
Here we are at the mercy of the old fashioned banking system. It takes 3 business days.
Coinbook was born on September 7, 2017.
We opened our doors on October 31, 2018 - the 10 year anniversary of the bitcoin whitepaper. Moment of silence please.
When opening an account with us, it's the same as opening a checking account. The positive side of this is that all funds deposited belong to you, not Coinbook.
Coinbook only stores address, email, name, and phone. This is to send T-shirts or contact you if there is a problem. Not even the CEO can see your Social Security Number since that is passed directly through to the bank.
Yes! All US funds are FDIC insured up to $250,000. The majority (98%) of crypto is stored in cold wallets offline.