Bitcoin Broker Review

CoinJump Review

CoinJump logo
Due to the apparent temporary suspension of this brand’s services, we’ve adjusted the rating to 1 star. Stay tuned for additional information on its operational status as it becomes available.

General Information

Coinjump is a cryptocurrency exchange platform designed to be one of the fastest and easiest solutions in the market, relying on a team of professionals, trusted security protocols, and some of the best market rates for Bitcoin and Ethereum. At a time when these two tokens benefit from the highest demand, it would be appropriate for people to have access to fast transaction processing and affordable fees.

CoinJump logo

As a brand operated by Cleobase OU, Coinjump is registered in Estonia under the no. 14715079 by the Financial Intelligence Unit (FIU), providing services of exchanging a virtual currency against a fiat currency according to the law. Is CoinJump one of the best solutions to get involved in the cryptocurrency industry? Our review will try to provide all the relevant data to help assess whether that’s the case.

CoinJump Platform

Designed as an exchange platform for the masses, coinjump.io provides a simple and efficient interface, suited even for people that don’t have any prior background in using crypto. The CoinJump platform is web-based, which means it can be used from any device supporting a browser, including smartphones or tablets.

CoinJump exchange platform

The first stage requires opening an account, which will mean each client will need to provide an email address, set up a password, fill in the mobile phone number, agree with the terms and conditions, privacy policy, and confirm he/she is over 18 years old.

Once the account is confirmed, it would be necessary to provide more personal details, including gender, date of birth, full address, and others. Ultimately, before starting to use the services provided by the exchange, each customer must get past the verification process, requiring the provision of several documents, according to the AML/KYC compliance.

Using the CoinJump platform would not pose any major hurdles and even if some customers will need assistance, the exchange provides customer support via live chat 24/5. Based on our research, this is a very effective solution, and it does not have any negative background.

At present, the CoinJump website is available in both English and German language. Due to increased demand for the German audience, the exchange wants to offer personalized services and to serve customers based in the country better.

Cryptocurrency Exchange

One of the main goals of CoinJump is to be your first step into the cryptocurrency world and because of that, it wants to buy and sell cryptocurrencies at the best market rates. To provide a great solution, it offers customers a broad range of payment options, including credit/debit cards and wire transfers.

CoinJump buy rates

Currently, CoinJump supports Bitcoin and Ethereum only, working with popular miners and other big exchanges to provide liquid conditions and accurate market rates. The exchange fee is 4.7% including VAT, which is quite decent.

For customers wanting to purchase high volumes, coinjump.io had created an additional OTC desk to be able to lock a rate in a short period. Coinjump processed each exchange transaction once the customer payment had reached its accounts.

It is also possible to cancel an already placed order before the payment had been banked by the exchange. What it is not possible, though, is to use all the services without getting past the verification process first.

Given the strict AML/KYC requirements, no customer can bypass the verification process. You must take into account that all registered exchanges will have these rules set in place. CoinJump has a strong work ethic and abides by the local laws for crypto exchange platforms, wanting to show that it is possible to operate in the industry within predefined guidelines.

Summary

As cryptocurrencies continue to grow, the demand for crypto-related services follows the same path. CoinJump proves to be an exchange platform that can meet a broad range of requirements, including registration, a simple platform, and competitive rates for Bitcoin and Ethereum. At the same time, with competitive fees, it would be cheaper for people to use the exchange and purchase crypto at attractive valuations.

Transparency is one of the key CoinJump features, which is why the brand benefits from an increasing number of customers. It is showing that even dealing with cryptocurrencies can be done without having to bypass the law or by operating offshore. Cleobase OU, the mother company, is based in Tallinn, Estonia, and complies with the latest European requirements. In case you are looking for a new crypto exchange platform to work with, you can check the coinjump.io website and figure out whether it provides what you are looking for.

CoinJump Review
CoinJump logo

Product Name: CoinJump

Product Description: Coinjump is a cryptocurrency exchange platform designed to be one of the fastest and easiest solutions in the market, relying on a team of professionals, trusted security protocols, and some of the best market rates for Bitcoin and Ethereum

Brand: CoinJump

Offer price: 10$

Currency: USD/EUR/BTC

Offer URL: https://coinjump.io/en

  • Trading Platform
  • Languages
  • Support
  • Fees
1

Summary

Coinjump is a cryptocurrency exchange platform designed to be one of the fastest and easiest solutions in the market, relying on a team of professionals, trusted security protocols, and some of the best market rates for Bitcoin and Ethereum

Pros

  • Accurate market rates thanks to collaborations with miners and popular exchanges.
  • Fully optimized web-based platform, designed for the broad audience.
  • Strict AML/KYC compliance, considering CoinJump is a registered exchange.

Cons

  • Limited cryptocurrency coverage at the time of writing.
  • No mobile app is currently provided by CoinJump.

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