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Coinsdrom Review – A reliable crypto exchange, or just another disappointment?
About Coinsdrom
Coinsdrom is a new cryptocurrency exchange, and that is a good sign because today this industry needs a fresh wind of change. According to its website, this exchange advocates for simplicity and focuses on the client’s interests. These are not just empty words – the company is licensed to provide virtual currency exchange services. However, are promises enough in this case, or do they also come through? Let’s find out
In case you want to buy or sell popular cryptocurrencies, here is what you get when signing up with Coinsdrom.
Clients accepted by Coinsdrom
Promising easy crypto exchange online, Coinsdrom accepts customers from all around the world, except for several countries where this activity is not legal (remember, this company strictly adheres to the rules).
Exchange conditions are pretty much the same for both private and corporate clients, but differences do emerge in terms of the verification procedures. All accounts must be verified and in order to do so, Coinsdrom asks clients to upload several documents. Instructions on the KYC documentation required are provided by the exchange on its website, so you don’t have to worry about the process being complex.
Steps to exchange crypto with Coinsdrom
Once you pass the verification, it’s possible to proceed with an exchange transaction. Coinsdrom provides clear instructions on how to do that as well. There are four simple steps every user has to complete:
- Step 1: Select the cryptocurrency you want to buy. At the time of writing, Coinsdrom covers Bitcoin, Ethereum, Litecoin, Tether, Binance Coin, Cardano and several other altcoins. This list is not fixed and new coins may be added in the future.
- Step 2: Choose the amount in fiat you would like to exchange. Fiat deposits can be completed by using a credit/debit card or bank wire.
- Step 3: Provide your crypto wallet address. After Coinsdrom processes the transaction, it sends tokens to the wallet included in the exchange details.
- Step 4: Agree with the Terms and Conditions as well as the Privacy Policy set out by Coinsdrom.
Privacy and customer safety
The platform designed by Coinsdrom uses a multi-layered security protocol, which means users can exchange crypto quickly and safely. Your individual information is also fully encrypted, so it is kept away from any third-party entity.
Thanks to its customer-centered support team, Coinsdrom manages to address and solve any issue you might raise quickly. However, as long as you follow the guidelines set out by the exchange, the exchange process should run smoothly and securely.
Ending thoughts
Coinsdrom seems to know what users expect from a cryptocurrency exchange in 2023. Security is on top of the priority list and the fact it’s a licensed brand further adds to client protection. The abundance of information shared by the exchange on its website shows a commitment to transparency. Coinsdrom wants you to benefit from the best market rates. Feel free to check out their webpage for more information.