CoinList CoinList is a platform for conducting token sales of various blockchain projects and trading. Early adopters can invest in digital assets here and earn profit. But first and foremost, CoinList was created for token issuers, enabling them to receive funding strictly within the law, meeting KYC and AML requirements.
For the convenience and security of investors, the company carefully selects the projects included in the listing. This way, the client understands that he is investing in a platform that meets the conditions of legitimacy and security. Many well-known projects have already been launched on the site, such as Solana, Near, Algorand.
Our editors provide an overview of the CoinList platform – how to work with it, what is required of the client and how to make a profit.
Web Site: https://coinlist.co/
CoinList Features
general information
| Name | CoinList |
|---|---|
| Official website (mirror) | https://coinlist.co/ |
| Services | Launchpad for new tokens, spot trading, launchpad, investments (landing, staking) |
| Release year | 2017 |
| Country of registration | USA |
| Enterprise | Coinlist Markets LLC |
| Mobile App | Sim. Android, iOS |
| PC Applications | No |
| Daily trading volume on 03/13/22 | 5 515 598 $ |
| CoinGecko Credit Ranking | 7 of 10 |
| Working with decree | Yes |
| Verification | Mandatory |
| Two-factor authentication | Yes |
| Trading fee | 0,5% |
| Number of currencies/trading pairs | 45 / 89 |
| Demo account | No |
| Subaccounts | No |
| Deposit Methods | Cryptocurrencies, fiat currency |
| Referral program | A referral's first trade of $100 or more earns the referrer up to $10 |
| Platform token | No, but there is a “karma” that has similar functionality. |
| Brazilian language | No |
| Reference materials | https://coinlist.co/help |
| Agree | Website chat, |
| Blog | https://blog.coinlist.co/ |
| Social media | https://twitter.com/coinlist |
CoinList Description
The CoinList project is managed by the Californian company Coinlist Markets LLC , which is regulated by the SEC (US Securities and Exchange Commission). The Bank Secrecy Act and the Anti-Money Laundering Program (“BSA/AML Program”) are applied to protect all parties to transactions.
The fundraising platform pays great attention to selecting quality projects. However, some unrealized losses are allowed in the short term after the purchase. But in the long term, the value of most tokens tends to increase.
- Many users buy verification data to have multiple working accounts and thus increase their income. You can find many offers to buy.
- Or the verification data is acquired on special resources intended for this.
- But then when registering you need to use different IP (proxy) + antidetect browser (with browser identification protection) each time.
- During the work process, when replenishing the balance, it is not possible to use the same wallet.
In short, there are many nuances, but this method is actively used, especially taking into account the fact that the site also has a referral program.
CoinList – buying accounts
You can work with the system both through the website and through mobile applications:
- https://play.google.com/store/apps/details?id=com.coinlist.trade
- https://apps.apple.com/us/app/id1522706079
The platform offers a fairly wide selection of functions for active and passive income, although token sales remain the main goal.
Start of work
To register on CoinList, click begin on the main page.
Enter your first and last name in English, your email address, create a password and solve the captcha. Password requirements are at least 10 characters. Click Generate Account. By clicking the link in the letter, confirm your email.
Verification on the CoinList platform is required for any action. Therefore, you should go through it immediately.
- Choose whether you are checking a type, a company or a trust.
- Enter your first and last name. Click Save and Continue.
- Please indicate your country of residence.
- Please provide your exact residential address and telephone number.
- Next, you'll need to upload photos of your documents. Scan the QR code with your phone to continue verification on your mobile device.
- Point the camera at a document – passport or driver’s license.
- The verification process will begin immediately after that. According to the regulations, it takes up to 3 days
CoinList – Verification
Account Deposit and Fund Withdrawal
You can top up your CoinList account with either USD or cryptocurrencies. USD deposits are only possible from a bank account. Select the appropriate option and confirm the payment by connecting your bank account.
A cryptocurrency deposit is a standard operation:
- Go to your wallet and select the asset you wish to deposit.
- Click
- Copy the address or scan the QR code via your mobile wallet.
- Send the desired cryptocurrency to this address and wait for confirmation on the blockchain.
Any coins deposited for trading must be sent to your CoinList Pro wallet, where advanced trading is available.
Withdrawal of assets from the site is carried out in the same way (in US dollars to a bank account or in cryptocurrency).
Buying coins for new projects
Visit the section Token Sales to participate in the IEO on CoinList.
The Active Now subsection contains projects whose sales are ongoing or in the process of being distributed.
CoinList – token sales
Click Register Now for the token sale you are interested in.
Study detailed information about the origin of the project, who is behind it, who is among the partners and, simply, tokenomics – how many tokens will be issued, how they will be distributed, etc. The page also indicates the minimum and maximum purchase limits and for which cryptocurrency you can buy a new token.
For example, information about Tribal Tokens (TRIBL):
CoinList – venda de token TRIBL
As you can see, there are two sales options presented. You can participate in both at the same time.
After reviewing the information, click the Register button next to the desired sales option or all available options.
We study the participant's requirements and enter the necessary data.
CoinList – Token Sale Registration
Users who have successfully registered will receive an email with a restricted link to join the queue before the sale. Users who join the queue will be placed in a “waiting room”. It does not matter who arrived early and who arrived late.
When the sale begins, users in the “waiting room” are randomly assigned a spot in line; they are guaranteed to be ahead of those who arrive after the start. Others are lined up in order of priority according to the time they register for the token sale.
There are theories about the real distribution. One of them was a supposed interview with an employee who said that in some cases a pseudo-random algorithm is used to build a queue in case certain individuals are required to buy tokens. Whether this is true is unknown.
When the sales period begins, payment information will be displayed. Payments are made in cryptocurrency, but which one depends on the specific token. The most common options are:
- USDT
- USDC
- Bitcoin
- ETH
However, payments in USDT or USDC are not subject to fees. Furthermore, these currencies are considered to be worth $1, regardless of actual fluctuations in their market rates. BTC, ETH, and other cryptocurrencies are converted to USDC at the time of purchase. You must pay the invoice within the period specified by the system.
Exchange
CoinList allows you to place orders to buy or sell cryptocurrencies using, among other things, professional trading resources. Available order types:
- Market (market). Executed at the first available price in the market. Useful if speed of execution is a priority over price.
- Limit. It implies an indication of the price limit at which the order must be executed. Buy limit orders are placed below the market and sell limit orders are placed above the market. This type of order is executed involuntarily after the price conditions are met.
- Stop market or stop limit. Stop market orders are executed at the next best price as soon as the chosen trigger price crosses the stop price. Stop-limit orders, in this case, create limit orders with specified conditions. Unlike limit orders, stop market orders do not have to be executed at or above the specified price, so there is a greater chance of slippage.
- Final stop. In this case, the stop price is linked to the reimbursement of the order's trigger price. When the trigger price moves away from the current stop price, the stop price also moves.
- Get profits. Executed at the next best price once the assigned trigger price crosses the stop price.
- Post-only. A limit order that guarantees that an order will be added to the book and will not match an existing order. If the application matches an existing one, it will be rejected. This is necessary to ensure that you receive a maker's discount, rather than paying a taker's commission.
CoinList – trading
Passive income
At CoinList, verified customers have the opportunity to earn passively in two ways:
- Landing. Lending programs are periodically launched for various cryptocurrencies, with interest rates of up to 9% per annum and usually lasting 180 days. That is, the net profit in this case will be 4.4%.
- Staking. Possibility to stake and receive passive income PoS cryptocurrencies ALGO, CELO, XTZ, FLOW, ROSE, CSPR, MINA, VEGA. Assets must be deposited in the CoinList wallet or purchased here. The service charges a commission of 8 to 15% of the profits.
CoinList – Staking
Carma na CoinList
Karma on the CoinList platform is a points system that evaluates each user's contribution to the development of the project – trading, participation in token sales, staking, landing. The more activity, the more Karma earned. Its main purpose is to create a priority queue for purchasing tokens. This is a much shorter queue than the main queue and works in parallel.
How to earn Karma:
- Staking.
- Land.
- Exchange.
- Voting on management proposals.
- Participation in experimental offers from issuers.
- Participation in active validator or miner programs.
- Referral program.
- Publication of Reviews.
- Submitting projects to hackathons, etc.
The rate at which Karma accumulates depends on the specific method by which it is received. Sometimes it is credited instantly, sometimes once a week, sometimes at the end of a promotional program.
Reviews
Ranking do Trust Pilot: 1,5 de 5
Ranking no Play Market: 1,5 de 5
Users like: “karma” system, high reliability in protecting funds, income generation opportunities.
Users don't like: inconvenient and complex interface, problems following links, poor technical support, difficulties completing KYC, unfounded blocking.
Advantages and disadvantages
pros
- Exclusively high quality projects, many of which increase in price.
- High security and reliability.
- Possibility of trading and passive income from cryptocurrency.
- Referral program.
- Karma bonus system.
Disadvantages
- Mandatory account verification.
- The platform is custodial.
- The only fiat currency available is the dollar.
FAQ: Frequently Asked Questions
What is CoinList?
A cryptocurrency platform that offers the opportunity to buy young and promising tokens from new projects, much like trading and investing in staking or lending.
Can Brazilians, Belarusians and Ukrainians undergo KYC?
There are such precedents. But foreign accounts are verified faster.
How does a symbolic sale happen?
The user registers to participate and thus enters the queue. At the beginning of the negotiation, tokens are distributed among the users in the queue. An invoice is issued that must be paid within the stipulated period.
What cryptocurrencies can I use to buy?
You can almost always use USDT, USDC, BTC, ETH. But other assets may be available.
Can I use the service from my phone?
Yes, there are apps for Android and iPhone.
Fee for trading on CoinList exchange?
0,5%
Methods for depositing and withdrawing funds?
Cryptocurrencies, USD (from a bank account).
Why can they be banned?
In addition to the standard bans for violations such as multiple accounts, there is also a ban on non-buyback. If you do not pay the bill for tokens, your account will be blocked from token sales. Access to your account will remain, but you will no longer be able to buy new tokens in the IEO.
Conclusion
CoinList has been around for five years and has a good reputation for collaborating with promising blockchain projects. Thanks to this, the platform is highly sought after by investors. A big advantage is the 100% legitimacy and compliance with the rules of the site. At the same time, this can create problems with approach and verification for countries other than the United States. But given the extreme usability and profitability of the site, this does not scare anyone. CoinList combines several important functions at once, from trading to token sales, so that the main needs of investors are met immediately on one platform.
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