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Forex Broker Rating

CoinUp Io

CoinUp Io

Information about the broker CoinUp Io

Rating: 1
Jurisdiction: Cayman Islands
Regulators: not mentioned
Foundation date: 2021
Site: https://coinup.io

Brief information CoinUp Io

The CoinUp Io platform is a centralized cryptocurrency exchange focused on spot and derivatives trading. The website identifies the business as COINUP LIMITED, number 20211565064, and states that it was founded in September 2021 and registered in the Cayman Islands. Its announcements describe Singapore as its headquarters.

The platform promotes international access, multilingual assistance and round-the-clock support. Contacts include support@coinup.io, coinupoffice@coinup.io and the Telegram community: t.me/coinupglobal. The contact page provides online support and a ticket service but no postal office address. 

CoinUp Io

Cryptocurrency selection on CoinUp Io

Available assets include BTC, ETH, USDT, USDC, BNB, SOL, XRP, DOGE, ADA, TRX, LINK, AAVE, BCH, ETC, LTC, SHIB, SUI, COMP, CAKE, CFX, ONDO, PAXG, XAUT and the platform’s CPX token.

The market catalogue covers major coins, stablecoins, meme tokens and projects connected with DeFi, AI and gaming. Most displayed spot pairs use USDT. Tokenized stocks appear in a separate market category.

CoinUp Io

Services and fees of CoinUp Io

The exchange platform offers:

  • Free registration.

  • Buy and sell cryptocurrency.

  • Free cryptocurrency storage.

  • Access to the full list of assets.

  • Spot and perpetual futures trading;

  • Copy trading;

  • High leverage;

  • Simple Earn products;

  • Cryptocurrency purchases through external payment providers;

  • API access;

  • Internal asset transfers;

  • Referral and partner programmes;

  • Web access and applications for Android and iOS.

Published base trading fees are:

  • Spot: 0.1% for makers and takers;

  • Futures: 0.02% maker and 0.055% taker.

VIP rates depend on wallet value or trading volume over the previous 30 days. Perpetual contracts also involve funding payments between traders. The futures guide lists leverage of up to 125x, depending on the contract.

Creating a personal account and verification on coinup.io

Registration is free and requires an email address or mobile number, a verification code and a password. Identity verification is required for withdrawals; the platform also states that a verified mobile number must be linked to the account.

Deposits and withdrawals with CoinUp Io

Account funding options include:

  • Cryptocurrency transfers from external wallets;

  • Credit cards and local payment methods via AlchemyPay;

  • Internal transfers between CoinUp accounts.

CoinUp does not charge a fee for cryptocurrency deposits, but the sending network may charge a fee. Minimum deposit amounts and confirmation times depend on the asset and network. AlchemyPay independently sets the purchase terms and final quote.

Minimum withdrawal amounts and network fees are displayed when you select a currency and blockchain. Most withdrawals take a few minutes, though delays may occur due to security checks or network congestion. 

Conclusion about CoinUp Io

Despite the claimed advantages of using the platform, the company offers earning opportunities through its own features. That’s why it’s important to research payment practices by reviewing customer feedback about CoinUp Io on independent websites.

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Trader Reviews

Our company entered into a listing agreement with CoinUp and transferred 3000 USDC to ensure liquidity. The exchange received the funds but never fulfilled its obligations. Later, we were promised a refund, but it all ended with endless excuses. After we filed a public complaint, they blocked us on Telegram. As a result, we had to contact law enforcement and lawyers.

  • 1 day ago

At coinup.io, they promised to prepare and launch the project in 6-10 days, but they kept pushing back the deadlines, citing market conditions. In August, company representatives stopped responding to calls and messages altogether. When I tried to contact them via Telegram, they simply blocked me. In the end, we spent money on promotion, but CoinUp never fulfilled its obligations. And it looks like we’re not the only ones who are upset....

  • 14 hours ago

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