CoinCorner is a bitcoin exchange and wallet provider, based in the Isle of Man. Founded in June 2014 by Daniel Scott, Phil Collins, Charlie Woolnough and David Brown, the company currently operates in 45 countries worldwide.
wertyu2007 - August 9, 2017
Fees are far to high makes it not worth buying 50% losses on 1 bitcoin Fees are far to high to make it not worth buying you WILL lose 30% exchange rate is impoosible to recover . I paid £100 in to test , they charged £5 debit fee and thats every 1 hundred pound you pay in they charge £5 Bitcoin price was £280 higher than the market - to sell its £200 lower than market so massive mark up both ways for them here and to me very extreme 30% plus fees for exchange rate . so if you bought 1 bitcoin Coincorner and its crew take £280 before you even start and then £200 when you sell alond with a lot of other fees along the way , thats not right and should be reported , if a bank charged £300 extra on exchange rate there would be uproar . I tried to sell they wanted a £2 fee to sell and on top of that they want to charge me £35 to pay to my bank account . More fees and expense than a traditional bank here and cryptos are ment to be for avoiding crazy fees . I think this company it out for maximum profit and is doing this knowing new bitcoin buyer would be unaware of their losses and taking advantage of them , which goes against the spirit of cryptos . My advise look elsewhere and save money on fees , these prices are extreme worse than i have ever seen anywhere for anything and need reporting to trading standards as you will lose money even if bitcoin went up 30/40% maybe 50% of all your money . i think out of every £100 paid into Coincorner id get back £36 or something after its bounced around coincorners fees and exchange rate structure