CoinJump exchange logo

CoinJump Review

Introduction

As the masses continue to show interest in Bitcoin and Ether, the largest cryptocurrencies in the world continue to dominate headlines. An increasing number of people view these two tokens as long-term investments, believing their value will continue to go up, even though volatility remains elevated in the meantime.

CoinJump is a cryptocurrency exchange which currently facilitates the purchase of both BTC and ETH with some of the most attractive rates, competitive costs, and a user-friendly interface that shouldn’t be complicated to maneuver, even for those with little or no experience.

Operated by Cleobase OU, a company listed in Estonia, CoinJump is currently registered with the Financial Intelligence Unit (FIU) – the regulatory body in charge of overseeing how crypto exchanges operate. Compliant with some of the strictest guidelines, CoinJump is a safe place to buy and sell crypto, which is why we would like to share this comprehensive review for those who want to find out more about it.

CoinJump exchange logo

CoinJump Cryptocurrency Assets

At the time of writing, CoinJump supports Bitcoin and Ethereum. Aware that these two cryptocurrencies are generating the highest demand, the exchange has introduced a focused offer and plans to gradually expand it, based on how the customers’ needs and the crypto markets evolve.

Currently trading around $49,000, Bitcoin is once again close to the all-time highs reached just several days ago. Massive institutional inflows have pushed valuations to extremes and with exchanges like CoinJump, any individual can get involved in the market.

Ethereum is trading around $1,800, above the prior all-time high established in 2017. ETH is the second most trusted cryptocurrency in the market, benefiting from a long track-record and growing institutional investments. You can buy or sell with CoinJump easily, thanks to a comprehensive exchange platform and advanced technologies built into it.

CoinJump BTC and ETH

Exchange Platform

Both opening an account and using the CoinJump exchange framework are not difficult tasks, as the company has optimized all operations. This is part of a larger plan to enable people with no experience to join the world of cryptocurrencies.

All customers need to do to make an exchange is select the cryptocurrency (Bitcoin or Ethereum), set the amount, provide a wallet address, and comply with the terms and conditions. Once the transaction is settled, CoinJump sends the tokens to the wallet provided.

The interface is solely web-based, which means access to it is through a simple login at coinjump.io. For the time being, there are no apps for either Android or iOS devices. “Keeping things simple” is the ideology behind CoinJump and thus far, it has proved to be a successful one.

With regard to usability, we award 4.5 stars out of 5. 5 stars are given for simplicity, and 4.5 stars for customer support. The CoinJump exchange is not just for experienced crypto users.

CoinJump platform benefits

CoinJump Fees and Costs

According to the CoinJump FAQ, the exchange fee is currently set at 4.7% including VAT. Other costs should be accounted for, depending on various factors. For credit/debit card deposits, there is no fee associated. In the case of wire transfers, however, there might be added costs, which are a result of banking institutions involved in the process.

At the same time, CoinJump is not responsible for any blockchain-related fees. In terms of exchange rates, this brand works with Bitcoin miners and popular exchanges to ensure liquidity, as well as some of the best rates in the market. It has even assembled an additional OTC desk for high volume purchases, with the sole goal of closing a good rate in a short period of time.

Customer Service

Behind CoinJump there is a team of representatives eager to assist the customer or any individual interested in the services provided by the exchange. Available 24/5, the customer service can be accessed very simply using the live chat feature on the website. This is the most convenient and fastest method to ask for help. On top of that, there is also an official email address people can use without limits.

Final Words

A year ago, most people would have ruled out cryptocurrencies as a viable trading venue. Now that both Bitcoin and Ethereum are trading near new all-time highs, CoinJump is a registered and reliable exchange platform promising advantageous conditions for those who want to buy and sell.

Based on our comprehensive analysis, CoinJump is a trusted cryptocurrency exchange platform that should be considered by any individual who wants to get involved in the industry and gain exposure to BTC and ETH. The technologies used ensure security, accurate pricing, and smooth functioning, some of the main requirements when dealing with crypto.

 

CoinJump Review
CoinJump exchange logo

Product Name: CoinJump

Product Description: CoinJump is a cryptocurrency exchange which currently facilitates the purchase of both BTC and ETH with some of the most attractive rates, competitive costs, and a user-friendly interface that shouldn’t be complicated to maneuver, even for those with little or no experience.

Brand: CoinJump

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

[ More ]

  • Cryptocurrency Assets
  • Exchange Platform
  • Fees and Costs
  • Customer Service
4.8

Summary

Based on our comprehensive analysis, CoinJump is a trusted cryptocurrency exchange platform that should be considered by any individual who wants to get involved in the industry and gain exposure to BTC and ETH. The technologies used ensure security, accurate pricing, and smooth functioning, some of the main requirements when dealing with crypto.

Pros

  • Some of the best rates in the market for Bitcoin and Ethereum
  • Relatively low exchange fee
  • User-friendly interface designed to be accessible for beginners

Cons

  • There are no other Altcoins currently covered by CoinJump
  • The rates available on the platform are denominated in Euros