Coinhako Reviews

About Coinhako

Coinhako Company is spearheaded by founders Yusho Liu and Gerry Eng. Being located in Singapore, the founder team aims to provide comprehensive cryptocurrency services all throughout Asia. The company creates a user-oriented cryptocurrency platform providing simple, quick and transparent Bitcoin trading exchanges and Altcoin trading exchanges. By virtue of its extensive endeavour and innovative approach, it has become more and more known in a very short time. Today, Coinhako is available for the residents in Singapore, Malaysia and Vietnam. But the company plans to expand its market to all Asian Pacific region soon. Coinhako has a prosperous history of almost 6 years in a vying crypto industry. In this review, we will root if this is the best cryptocurrency service meeting with your needs.

How Coinhako Works

How to buy altcoins on Coinhako? Once you create your Coinhako account, you must fund it using the provided options. Thanks to the explanatory design, it is a simple process to buy and sell Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Stellar, Litecoin, Tether, Litecoin and Dogecoin. There is also an advantageous ''Refer a Friend'' promotion that you earn 20% of Coinhako exchange fees by inviting your friend via your referral link. The more you invite others, the more you earn.

Supported Crypto Currencies

Available fiat currencies are Singapore Dollars(SGD) and Vietnamese Dong (VND). Coins supported on Coinhako are BTC, ETH, BCH, COMP, AAVE, BAT, XLM, SNX, UNI, BAND, MKR, GRT, DOT, DOGE, ZIL, CRV, LTC, XRP, LINK, DAI, BNB, NEO, FIL, ADA, USDT and USDC. Coinhako enables to swap any supported cryptocurrencies with others. You will see a detailed streaming chart about trading rates on the main page.

Coinhako Fees & Limits

There is no place for puzzling surprises in Coinhako. When you scroll down on the website, you will see Coinhako fees and costs. It is totally free to open a Coinhako account, maintain it and store cryptocurrencies inside. Trading fee on Coinhako is 1.0% for the swaps whereas 0.55% fee will be charged by Xfers for SGD deposits. Coinhako withdrawal fee varies depending on currency.
Singapore Dollars Withdrawals via interbank transfers : SGD2 / VND 20,000
United States Dollars Withdrawals as USDT/USDT: $15
There is no minimum deposit limit to deposit, however the maximum SGD deposit limit is 20,000 SGD per day. Please check the official website to see updated limits for withdrawals.

Coinhako Deposit Methods

How can I deposit money in Coinhako? Coinhako makes it possible to fund your account in USD by sending USDT/USDC stable coins. Coinhako deposit options are transferring cryptocurrencies from another crypto wallet, bank transfers and depositing via Xfers Direct Charge.
Bank Transfers: Simply open your Wallet, click ''Deposit'' and choose Coinhako Bank Transfer. You will be given a deposit code and bank details of Coinhako. Transfer the money using these details and do not forget to insert your unique deposit code in the ''Comment/Description'' section.
Depositing via Xfers Direct Charge : Go to your Wallet, click ''Deposit'' and choose Xfers Direct Charge. After hooking your Xfers account to Coinhako using your details, request a deposit amount and you will receive your deposit in few minutes.

Coinhako Withdrawal Methods

How to withdraw money from Coinhako? It is possible to withdraw your assets in USD by USDT/USDC stable coins here. Plus, Coinhako withdrawal options are transferring stable coins to another crypto wallet and bank transfers. In order to cash out using bank transfer, you need to enter your bank details as requested. Go to your Wallet, click ''Withdraw'', enter the amount you like to cash out, double-check your details and press ''Request Withdrawal''. You will receive your withdrawal in 24 hours.

Coinhako Reviews and Complaints

While preparing this review for you, we come across with many positive Coinhako customer reviews appreciating the interface, low exchange fees and easily accessible Customer Support. Handful Coinhako complaints generally criticize the lack of variety of fiat currencies and leverage trading. If you want to drop a Coinhako review, please join in Kazan.io and let us know what you have experienced!

How Can I Become a Member of Coinhako?

What are the Coinhako membership stages? In order to trade in Coinhako, you need to create your account. Please click the ''Sign Up'' button in the upper right corner of the official page. A registration form will open and you must enter your email address and a password here. A confirmation mail will arrive at your email address. Once you click this, you will be directed to a detailed signup page where you need to fill your personal details such as your full name, current address, mobile number, currency and date of birth. After being sure that you provided all details correctly and honestly, click the ''Create an Account''. Sign in with your email and password, tap on your ''Profile'' to verify your account following easy prompts. Your Coinhako account is ready to go! Congratulations!