Founded in 2017 and owned by CoinTiger Labs, CoinTiger is a centralized exchange with 618 cryptocurrencies, 13 fiat currencies, and 705 markets. Not only CoinTiger continually adds new crypto assets, but it also provides passive earning opportunities, including staking and buying corporate shares. However, there is no referral system on the platform.
Thanks to a glitch-free platform that runs well on the web and mobile, amateur and professional traders can easily use the CoinTiger crypto exchange. Users from all over the world, including the US, UK, India, Hong Kong, Sweden, and South Africa can trade crypto on CoinTiger without KYC. However, they need to verify KYC for tasks such as increasing withdrawal limits or depositing fiat currency.
The CoinTiger cryptocurrency exchange has two markets: CoinTiger spot and futures. The site also provides USDT-Margined futures in a wide range of pairings, supporting crypto-crypto and crypto-fiat trading, as well as COIN-Margined futures that pair with fiat currencies.
There’s a wide range of CoinTiger trading pairs, supporting 618 currencies in 705 distinct marketplaces at the time of writing this article. While USDT serves as the main base, traders can work with other bases such as BTC, ETH, XRP, and Cointiger's TCH. They exist under different models like DeFi zones and Polkadot Zones to simplify navigation. Cointiger also provides a function where users can recommend coins to be included in the exchange. Then, users and board members vote to have (or not have) that certain currency on the platform.
On November 15, Tiger Cash introduced its native TigerCash (THC) token that operates on Ethereum. Users can trade it against assets like USDT and BUSD on the CoinTiger crypto exchange and other platforms. One of the biggest upsides to holding TigerCash is having a share in 50% of CoinTiger's annual net profit. Plus, thanks to the Equity Scheme, THC owners can access equity investment and vote on token listings.
The most interesting facet of CoinTiger is its minimal trading fees. Compared to the global average of 0.25%, CoinTiger crypto fees are a reasonable 0.15% for takers, while makers only pay 0.8%. This gives the exchange a small competitive advantage over other platforms with larger fees.
It charges 0.0005 BTC for withdrawals, making CoinTiger crypto price and fees less than the worldwide industry average of 0.0008 BTC. Ultimately, the platform offers fees that are relatively competitive. Also, accepting fiat deposits via wire transfer and credit cards makes it easy to use CoinTiger.
A prominent feature of the CoinTiger cryptocurrency exchange is that they offer two different trading interfaces (basic and advanced) based on your experience and knowledge about the crypto market.
The advanced interface has several integrated tools that assist expert traders in evaluating prospects. Besides charts and quick order execution, there are numerous customization tools available. Traders may add indicators, take screenshots, adjust timeframes, substitute candle bars, and even adjust the scales. On the other hand, the basic interface comes with a simple structure that's easy to use for beginner traders.
CoinTiger pool, CoinTiger Rocket, CoinTiger Labs, and CoinTiger cloud are all platform-specific services offered by the CoinTiger crypto exchange.
As a staking service based on daily interest rates, CoinTiger Pool has become quite popular in recent years, providing returns on 30, 90, or 180-day timeframes. CoinTiger now provides it to anyone who wants to invest with them, but they must go through the KYC procedure. The first step is to choose an asset, calculate the expected returns, and decide the staking duration. CoinTiger's staking pool includes many fixed-rate pools as well as a few alchemy pools.
CoinTiger Rocket is a platform-specific initial exchange offering (IEO) that covers various new crypto ventures with the potential to expand based on potential and supply. Here, traders view a list of early-stage tokens to invest and if they fulfill their potential, their investment will skyrocket, giving them massive ROI.
Adding to the list of services, CoinTiger Labs is essentially an incubator, supporting blockchain entrepreneurs with an array of services, including consultancy, regulatory advice, financial counseling, and marketing, helping them design a successful business model.
Lastly, potential partners can quickly and affordably set up additional exchanges using the CoinTiger Cloud service. The user must first choose the features and services they require before providing any necessary paperwork, such as exchange branding info and other materials. Following training and approval testing, the exchange is activated.
About the Company
Founded in 2017 and headquartered in Singapore, CoinTiger has become a prominent exchange with more than 1.1 million concurrent users from Asia, North America, Europe, and Africa. At the time of writing this article (January 2023), the 24h CoinTiger volume ranged around $110 million. As for 2022 overall, the highest 24h CoinTiger trade volume was $673.3 million at the start of October.
CoinTiger has been fairly secure over the years. However, a cyberattack in August 2019 allowed hackers to take out +400 million Proton Tokens (PTTs) from the cold wallet. While CoinTiger managed to lock up 280 million of those tokens, hackers injected the remaining 120 million into the market, causing a 100% drop in the token’s value.
Frank Ling, who has chosen to remain mostly anonymous, started the company and served as the director until December 2019. Since its inception, the exchange has formed some key alliances with platforms such as TCT (investment and management), BCG (market forecast), MockingBot (mobile app development), and CoinGecko (crypto data aggregation). On top of that, CoinTiger has also formed a partnership with John Wick Security Lab to maintain its security standards.