CoinMkt is Located in Santa Monica, CA, and is positioned to be the one of the leading exchange for cryptocurrency in the United States. CoinMkt’s goal is to be the safe, reliable place to buy and sell cryptocurrency that you trust, as they constantly focus on the best technology, top-notch security, and on-demand support to gain and keep your business. Their powerful and reliable trading engine can handle thousands of trades per second and is decentralized, DDOS resistant Fully SSL encrypted with decentralized wallet storage that follows strict cold storage procedures.
CoinMkt is positioned to be the one of the leading exchange for cryptocurrency in the United States. It still got some obstacles to climb before reaching the very top of American exchanges. A more in-depth review will be added soon..
– Easy to Use
– Maker/Taker Fees – +0.25% rebate for Market Makers, – 0.75% for Market Takers.
– Great Tools and Features
– Long withdrawal time
– Low Volumes
CoinMkt is positioned to be the one of the leading exchange for cryptocurrency in the United States. It still got some obstacles to climb before reaching the very top of American exchanges.
|Server Location:||United States|
|Company Location:||United States|
|Accepted Fiat Currencies:||USD|
What is a Maker-Taker Exchange?
A maker-taker exchange operates on a commission structure wherein the market maker, i.e. the party that initiates either side of the trade (buy or sell), receives a rebate from the action. On the other side of the trade, the taker , is charged a commission fee by the exchange.
CoinMkt has adopted this commission structure and rewards market makers with a rebate of .05% of the transaction. Traders on the taker-side of the transaction are charged a fee of .25% of the transaction.
CoinMkt receives .5% of the fee.
Why Utilise Maker / Taker?
Coin Market utilises the maker-taker model as it rewards liquidity providers for posting orders.
|Maker||Taker||Coin Market’s Take|
|+ 0.05% ( who posts the order first )||0.30% ( who fills the posted order )||0.25% ( commission )|
|Funding Type||Fee||Third Party Processing Fee|
|Withdraw USD||– 0.5%||Yes|
|Withdraw Bitcoins||– 0.001||No|
|Withdraw Altcoins||– 0.1||No|