CoinEgg crypto exchange: Is the new buzz in asset trading sphere worth it?

The latest buzz in the world of block- chain exchanging platform is CoinEgg, which is giving some serious competition to cryptocurrency big- guns like Bitcoin and Ethereum. UK based CoinEgg offers trade in digital assets and cryptocurrency with any support of fiat currency. CoinEgg deals in block chain research, operation & management and is rapidly marking its presence globally. For beginners, the platform may not be much friendly with graphs and list lying endlessly in the website making it difficult to start trading initially. But once you get into the flow with pattern and series of exchanging assets, you can make most of your profitability.

The major highlight of CoinEgg is that it offers 42 different assets including extravagant ones like Bitcoin, Ethereum, Litecoin etc. Although signing up in CoinEgg requires only name and email Id but the security of user account and exchanging it uses two factor authentication. CoinEgg offers low exchange fees (0.10%) as compared to other trading platforms and whereas cryptocurrency deposit is free. However, standard withdrawal fees can be on a higher side ranging for more than 1% for some extravagant cryptocurrencies. With CoinEgg trading without fiat currency, it mainly trades in BTC and Ethereum which is sometimes unappealing to the users.

Looking into other few aspects of CoinEgg, the major discussion about the head turners are consumer trustworthy issues. With the listicle of complaints from consumers for not being providing solution on time, delayed or no response of queries and problems, no facility of upgrading the account between one currency to another; CoinEgg faces lashes for not being more reliable exchange platform.

Multiple bad reviews on the website for which accuses CoinEgg for hiding valuable information from the customers and having low liquidity on trading equipment. As it supports no fiat currency, tokens provided by CoinEgg seems outlandish to many. Apart from hefty withdrawal charges, CoinEgg doesn’t provide any authority for borrowing money. For traders, borrowing from another source can act as a booster in these assets exchanging platform which is a limitation of CoinEgg.

Talking about the most significant part of any asset exchanging platform, the security of CoinEgg has never been compromised. Till date, no reports of data corruption or leak have come out. As of for security, two factor authentication works as a guard for protecting one’s assets while exchanging. Their sign up process for exchanging is difficult to pass having multilayer security levels. Tough CoinEgg hasn’t been hacked yet but it doesn’t mean by any source that it can never be hacked. The security levels can be breached anytime which makes adds one more uncomfortable factor about CoinEgg.

Users may face so many technical issues but it can be resolved with the help of Coinegg Customer Support Number at 1-800-509-3075. Wallet online is also a reputed platform to get solution of all your queries associated with crypto currency, you can make the most of best customer services.

Summing up all the strands of CoinEgg with mixed reviews about trading, the overall ratings incline slightly more on the negative side. Exchanging fee can be very nominal as compared to other traders but it becomes difficult to recover withdrawal charges on cryptocurrencies. With functionality being moderately low and unsupported customer services, CoinEgg is a hit back for trade beginners. Also the website doesn’t have any prominent information about the growth of customer’s money. With unclear data, graphs and charts it is very difficult to keep track on the investment.

Overall, CoinEgg doesn’t makes up to the expected buzz and it can be concluded as something which is avoidable as per the current market scenario.