Cryptocurrency Q&A Is Coinstore an exchange?

Is Coinstore an exchange?

WhisperWindLight WhisperWindLight Fri Nov 15 2024 | 5 answers 1428
I'm wondering if Coinstore is actually an exchange. I've heard about it and I'm trying to understand its function and whether it fits the definition of a typical cryptocurrency exchange. Is Coinstore an exchange?

5 answers

isabella_doe_socialworker isabella_doe_socialworker Sun Nov 17 2024
Coinstore is a centralized cryptocurrency exchange that was established in the year 2021.

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CryptoPioneer CryptoPioneer Sun Nov 17 2024
The exchange is registered in Singapore, indicating its compliance with certain regulatory standards in the region.

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Silvia Silvia Sat Nov 16 2024
In terms of daily trade volume, Coinstore boasts an impressive figure of $127,491,712, highlighting its popularity and liquidity.

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Daniela Daniela Sat Nov 16 2024
However, safety remains a top concern for users when choosing a cryptocurrency exchange. For Coinstore, its security rating stands at BBB, which is considered relatively high.

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SunlitMystery SunlitMystery Sat Nov 16 2024
The security score for Coinstore is 76%, indicating that the exchange has implemented a range of security measures to protect user funds and data.

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