Let’s be honest, trading cryptocurrencies is quite tricky and unpredictable. Though you could say that for the entire trading experience, there is something quite special and even excitingly dangerous when it comes to cryptocurrency trading. When they first came to be, cryptocurrencies had quite a tough time - most of the traders were quite skeptical. Luckily, as time passed, they were proven to be quite effective and profitable.
How does Coinshype fit into this picture? Well, for starters, this is one of the longest standing platforms that offer brief and efficient buying and selling of cryptocurrencies. From Bitcoin and Ethereum to the up and coming brands, Coinshype manages to cover all of them by creating a safe and respectable place to make your exchanges. For me, this was more than obvious since the first time I clicked on their website. And as I continued to research through it, I found even more and exciting things that make Coinshype special in the trading world.
Platform and Execution SCORE: 92%
As I mentioned above, the Coinshype platform is concise and to the point. There are no flashy advertisements and banners promising you the world. Rather, just a simply designed interface with clear and useful information. The design is quite appealing to the eyes, and it does not aim to distract you, like most other platforms within this industry usually try to.
Right at the center of the page, there is a converter in which you can input the proposed Bitcoin amount you would like to exchange, for example. I remember entering my lucky number - 7. Then, I choose the currency in which I wanted it to be displayed and voila! Do you know how much 7 Bitcoins would make me? No less than $48.000! I remember I was so certain that the numbers are wrong or that the platform hit a glitch since other brands usually take away a lot of that money for their own commissions. However, Conshype is different, and what you see is, in fact, what you will get when you decide to make a withdrawal.
Withdrawal Speed SCORE: 87%
Speaking of withdrawal, when I decided to check out how the entire process works, I was met with a lot of additional sections and documents that further explain this part. And for some people, this would be off-putting. But for the experienced traders like you and me, this only adds to the certainty and the security.
Namely, whether you want to make a deposit or a withdrawal, first you will need to provide detailed documents proving your identification. This was quite encouraging to me, especially since rarely any platform even tries to offer that option. Depending on the payment method you choose, withdrawals depend from a few minutes to a few days, which is standard.
Support and Assistance SCORE: 75%
When it comes to this part, I was taken aback by the lack of different options to contact their customer support team. Namely, Coinshype only allows you to fill out a brief form and wait patiently for a reply. Still, I decided to try it out. Imagine my surprise when I received a response in my inbox in just 2 hours!
This only showed me that when you have a strong and reliable support team, one means of communication can be more than sufficient. And if you are still hesitant about contacting them, instead, you can check out their Frequently Asked Questions page. This section is quite extensive and detailed, which is a huge relief, especially when you’re first starting out in the industry.
Education and Tools SCORE: 91%
When you look at it more closely, the entire Coinshype website serves as one huge educational section. For example, each section that they offer - How it Works, Why Buy Bitcoin, Why Buy Ether - is essentially a DIY instruction of all that I needed to get this thing going on as soon as possible.
Whichever part you decide to visit first, you will be able to check out what are the advantages of trading these cryptos, but also learn about some more advanced strategies and tips you can apply in your everyday trading. All in all, I found this part quite helpful and easy to read.