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CoinCorner Review 2025

CoinCorner Review 2025
Company:CoinCorner
Headquarter:

Isle of Man

Founded:2014
Coins:1
US Accepted:
Max Leverage:1:1
Bitcoin Stacking AccountsBitcoin Buy/SellRecurring Bitcoin BuysGlobal Money TransferBolt Card

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

About
CoinCorner is a crypto exchange located in the Isle of Man regulated by FSA. The exchange supports Bitcoin buy/sell on the main blockchain and Lightning Network with a budget as low as €1 / £1. eMoney is available for withdrawals free of charge and Credit/Debit cards are available for deposits with a 2.5% fee.
Contact
18c Carrs Lane, Tromode, Douglas, Isle of Man, IM4 4RG
Rank and Score
RegulationsCustomer SupportSpread &CommissionsPlatformsDeposit &WithdrawalAccountTypes
2.25Rank 141
Pros and Cons
User Levels
Pros
User-friendly interface
Regulated and compliant
Supports Bitcoin Lightning Network
Proprietary CoinCorner debit card
Cons
Verification required for all transactions
Limited advanced trading tools
No phone support
Not suitable for advanced traders
score of blog
2.6 From 5.0
(5)
Rate this post

1

2060

CoinCorner provides Bitcoin buy/sell with a fee of 1%. It supports EUR and GBP payments via SEPA and FPS. The minimum deposit on the exchange is €5 / £5. It offers a BTC recurring buy feature for automated crypto purchases.

With a Trustpilot rating of 4.1/5 from 928 reviews and over 80% of negative reviews responded to, CoinCorner positions itself as a secure, user-friendly gateway for Bitcoin trading and spending, appealing primarily to beginners and casual investors.

CoinCorner; The Exchange's Information and Regulatory Compliance

Founded in 2014 by Charlie Woolnough, Daniel Scott, David Brown, and Phil Collins, CoinCorner has over 350K users.

CoinCorner
CoinCorner provides crypto services in 17 countries

CoinCorner Ltd is licensed as a MoneyLender with the Isle of Man Office of Fair Trading and regulated by the region’s Financial Services Authority (FSA). Key points about CoinCorner:

  • Support for EUR and GBP fiat currencies
  • Bitcoin stacking accounts
  • eMoney accounts
  • BTC debit card (Bolt Card)
  • Global money transfers to the Philippines, Nigeria, Kenya, and many more countries

CoinCorner has launched several key services, including a mobile app, payment gateway, and API integration. Its reputation for security is notable, with zero successful hacks reported since inception. The platform continues to evolve, recently introducing features like Auto Buy Bitcoin, cashback rewards for shopping, and a Chrome extension that earns Bitcoin on online purchases.

CoinCorner CEO

CoinCorner is led by Daniel Scott, who serves as both the Co-Founder and Chief Executive Officer of the company.

Under his leadership, the exchange has expanded its services across multiple regions, strengthened its compliance standards, and continued to position itself as a reliable gateway for buying and spending Bitcoin.

Based on the Daniel Scott Crunchbase profile, he has played a central role in shaping CoinCorner’s long-term vision, including its focus on simplicity, fast onboarding, and practical Bitcoin payment solutions.

CoinCorner CEO
The Crunchbase profile of Daniel Scott, the CEO and Co-Founder of CoinCorner

CoinCorner Exchange Specific Features

The crypto exchange allows for Bitcoin purchases as little as €1 or £1. Let’s see what other features CoinCorner brings to the table:

Exchange

CoinCorner

Launch Date

2014

Levels

No

Trading Fees

1%

Restricted Countries

Only available in 17 countries

Supported Coins

1

Futures Trading

No

Minimum Deposit

€5 / £5

Deposit Methods

SEPA, FPS, Credit/Debit Card, BTC

Withdrawal Methods

eMoney, SEPA, FPS, Credit/Debit Card, BTC

Maximum Leverage

1:1

Minimum Trade Size

€1 / £1

Security Factors

2FA, Cold Storage, Full Reserve of Assets, Offline Multi-Signature Keys

Services

Bitcoin Buy/Sell, Global Money Transfer, Bolt Card, Bitcoin Stacking Accounts, Recurring Bitcoin Buys

Customer Support Ways

Email, Ticket, Chat bot, Live Chat

Customer Support Hours

9am to 5pm Monday - Friday

Fiat Deposit

Yes

Affiliate Program

No

Orders Execution

Market

Native Token

No

CoinCorner Upsides and Downsides

BTC debit card and stacking accounts (sub-accounts that don’t show on your balance) are among the advantages in this CoinCorner review.

Pros

Cons

User-friendly interface

Verification required for all transactions

Regulated and compliant

Limited advanced trading tools

Supports Bitcoin Lightning Network

No phone support

Proprietary CoinCorner debit card

Not suitable for advanced traders

The exchange also features a “Send Globally” service, which enables users to transfer and convert GBP and EUR to PHL, GHA, KEN, NGA, SEN, CIV, TGO, BEN, RWA, USD, IND, VNM.

CoinCorner User Levels

Unlike some exchanges that offer tiered user levels with varying benefits, CoinCorner keeps things simple. There are no user levels or tiers to navigate, which means no fee discounts based on the trading volume.

CoinCorner Fees and Commissions

The exchange charges no deposit fees except for debit card payments, which incur a 2.5% fee.

CoinCorner Trading Costs
CoinCorner crypto trading commissions

Here’s what you must know about CoinCorner's fee structure:

Transaction

Fee

Limits

Crypto Buy/Sell

1%

Minimum £/€ 5

Maximum £/€ 250,000

Crypto Auto Buy

1%

Minimum £/€ 5

Maximum £/€ 12,000

While not the cheapest in the market, CoinCorner's fees are competitive, especially for UK users making bank transfers. The 1% trading fee is reasonable, and the free deposit options make it attractive for those looking to buy Bitcoin regularly.

Listed Cryptocurrencies on CoinCorner Exchange

Limited asset offerings are among the biggest letdowns in this CoinCorner review. The exchange only supports Bitcoin purchases and doesn’t offer any other cryptocurrencies.

Does CoinCorner Offer Leverage Options?

The exchange does not offer leverage options. This aligns with the exchange's focus on simplicity and risk management. While leverage can increase potential profits, it also magnifies risk, something CoinCorner seems keen to avoid for its users.

Account Opening and Verification on CoinCorner

Opening an account on CoinCorner, a Bitcoin-focused exchange, is quick but includes essential KYC steps to ensure regulatory compliance.

Here are the CoinCorner registration and verification steps:

#1 Visit and Sign Up

Head to the officialCoin Corner website and click on the “Register” button to begin. Fill in your basic details, such as email and password, in the sign-up form.

CoinCorner Registration start
Click on “Register” to start the CoinCorner registration process

#2 Email Verification

Check your inbox and confirm your email address through the verification link sent by CoinCorner.

CoinCorner email verification
Click on “Verify Email” to continue the CoinCorner registration process

#3 Identity Verification

To go through CoinCorner verification, complete a short questionnaire related to your account usage. Upload a valid photo ID (passport or driving license), proof of address (like a utility bill or bank statement), and a selfie for facial verification.

CoinCorner Identity Verification
Share your personal information and documents with CoinCorner

Video below is a complete guide to do CoinCorner exchange verification:

CoinCorner Trading Guide

CoinCorner provides a basic and minimalistic interface to buy or sell bitcoin. To gain access to trading, you should fully complete the registration and verification steps. Follow these steps to buy or sell bitcoin:

#1 Enter the Exchange

In the main dashboard of CoinCorner, simply click on “Exchange” from the left side menu.

Enter the CoinCorner exchange
Click on “Exchange” to gain access to trading on CoinCorner

#2 Choose the Trading Pair

Now you need to choose your base currency and then “BTC Wallet”. If you want to sell bitcoin, from the top, click on “Sell”.

CoinCorner Trading Pair
Choose the trading pair on CoinCorner

#3 Trading Amount

Now it’s time to enter the amount of trade. You can either do it by entering the amount of the base currency you’re willing to spend or the amount of bitcoin you want to buy.

CoinCorner trade amount
Enter the CoinCorner trade amount

#4 Confirm the Trade

To finalize the process, simply click on “Buy BTC” or “Sell BTC”.

CoinCorner trade confirmation
Click on “Buy BTC” or “Sell BTC” to finalize the order

CoinCorner Exchange App

The exchange allows for Bitcoin buy/sell through itsweb-based platform and mobile applications.

CoinCorner iOS App
CoinCorner has a rating of 4.2 out of 5 based on 306 comments

While the platform is designed for ease of use, especially for new Bitcoin buyers, it lacks professional trading features. Users won’t find advanced order types, charting integrations like TradingView, or API access. There’s also no support for trading bots, desktop applications, or Face ID login.

CoinCorner Services

In the table below, you can learn about the availability of popular services on CoinCorner:

Service

Availability

TradingView Integration

No

Auto Trading (Bots)

No

API Access

Yes

P2P Trading

No

OTC Trading

No

Demo Account

No

Launchpad

No

NFT Marketplace

No

Referral Program

No

DEX Trading

No

Auto-Invest (Recurring Buy)

Yes

CoinCorner Security Measures

The platform is a centralized exchange that holds the custody of client funds. CoinCorner holds client funds in segregated accounts and implements two main security methods, including:

  • Cold Storage
  • Two Factor Authentication (2FA)
  • Fraud Reporting Email: fraud@coincorner.com
  • Account notifications for logins and transactions
  • Offline multi-signature keys
  • Holding assets in full reserve (1:1)
CoinCorner Security
The security terms of CoinCorner

CoinCorner Security Rankings

The CoinCorner CER.live review highlights a mixed picture. While server security is excellent (100/100) and user protections are relatively strong (88/100), the platform falls short in critical areas such as penetration testing and bug bounty programs, both scoring 0/100.

Additionally, CoinCorner lacks major security certifications like ISO 27001 and CCSS, and it does not provide funds insurance, resulting in an overall score of 23% (D).

CoinCorner CER.live review
CER.live reviewed CoinCorner and gave it a D score

This indicates that, despite some solid infrastructure, significant risks remain for users.

Overall Score

23% (D)

Server Security

100/100

User Security

88/100

Penetration Tests

0/100

Bug Bounty

0/100

ISO 27001

No

CCSS

No

Funds Insurance

No

CoinCorner Payment Methods

The platform supports EUR and GBP fiat currencies. It also accepts BTC payments on the main blockchain network and "Lightning".

Payment Method

Deposit Fee

Min Deposit

Withdrawal Fee

Min Withdrawal

eMoney (EUR, GBP)

Not Available

Not Available

Free

€0.01 / £0.01

FPS (GBP)

Free

£5

£1

£5

SEPA (EUR)

Free

€5

€1

€5

Debit Card

2.5%

€10 / £10

Not Available

Not Available

Bitcoin (on-chain)

Free

No limit

Variable based on the send speed

No limit

Bitcoin (Lightning)

Free

No limit

Free

Up to €500 / £500

User Satisfaction

There are 928 CoinCorner reviews on Trustpilot, most of which are positive. The exchange is also featured on Reviews.io with 10 comments.

CoinCorner Trustpilot

4.1 out of 5

Reviews.io

2.4 out of 5

Only 26% of TP users have rated the exchange 1-star and 2-star, while 67% of comments are 4-star and 5-star.

CoinCorner Trustpilot
CoinCorner has replied to 80% of negative reviews on its Trustpilot profile with an average reply time of under 1 week

CoinCorner Features and Products

Here's a wrap-up of all additional features (If any) found on the CoinCorner platform:

Staking

No

Yield Farming

No

Social Trading

No

Liquidity Pool

No

Crypto Cards

Yes

CoinCorner Bonus

CoinCorner offers a Bitcoin cashback program that rewards users with BTC for qualifying purchases made through participating retailers:

Bonus

Condition

Bitcoin Cashback

Rewarded in BTC for qualifying purchases made through participating retailers, following CoinCorner’s tracking and purchase rules

CoinCorner Cashback Bonus

Cashback is paid directly in Bitcoin once the purchase is confirmed by the retailer, but several conditions must be met for the reward to be valid.

To receive cashback, the following criteria must be satisfied:

  • The retailer must successfully place a tracking cookie on your device, confirming that you were referred by CoinCorner;
  • The entire purchase process must be completed in a web browser using the retailer’s URL; not through the retailer’s mobile app;
  • Your purchase must not be returned, amended, or cancelled;
  • You must not be an existing customer of the retailer.

CoinCorner will notify you once a purchase appears eligible for cashback. If you do not receive this notification, you should contact support immediately so they can investigate with the retailer.

The retailer’s or its tracking agent’s decision regarding cashback eligibility is final. If CoinCorner does not receive the cashback for any reason, they are not liable to pay it to you.

CoinCorner Cashback Bonus
CoinCorner Exchange provides a cashback bonus for its users

CoinCorner Customer Support

The exchange provides support from Monday to Friday from 9am to 5pm (UK timezone) through email, live chat, and a ticket system.

  • Email: support@coincorner.com
  • Live chat: Ask the chatbot to connect you to an agent
  • Ticket: Available through the “Contact” page
CoinCorner Support
CoinCorner contact form

CoinCorner Exchange Investment Plans

While the exchange doesn’t offer any growth or investment plans like Crypto staking or referral commissions, it features a BTC recurring buy plan. You can set up automatic purchases daily, weekly, or monthly.

Prohibited Countries

Due to regulatory constraints, the exchange that previously provided services in 40+ countries, now is limited to only 17 countries. Supported countries by CoinCorner:

  • Alderney
  • Brazil
  • Cayman Islands
  • Curacao
  • El Salvador
  • Guernsey
  • Iceland
  • Isle of Man
  • Jersey
  • Mauritius
  • Monaco
  • New Zealand
  • Norway
  • Singapore
  • Switzerland
  • United Kingdom
  • Virgin Islands, British

Comparison Between CoinCorner and Its Peers

The crypto platform isn't the top choice compared to some of the leading exchanges.

Features

CoinCorner Exchange

Binance ExchangeKucoin ExchangeMEXC Exchange

Number of Assets

1 (Only Bitcoin)400+700+2800+

Maximum Leverage

1:11:1251:1001:200

Minimum Deposit

€5 / £5

$1$1$1

Spot Maker Fee

1%0.02% - 0.1%From 0.005%0.05%

Spot Taker Fee

1%0.04% - 0.1%From 0.025%0.05%

Mandatory KYC

YesYesYesYes

Futures Trading

NoYesYesYes

Mobile Application

YesYesYesYes

Fiat Payment

YesYesYesYes

Staking

NoYesYesYes

Copy Trading

NoYesNoYes

Writer's Opinion and Conclusion

CoinCorner is a centralized crypto exchange providing services in 17 countries, including Brazil, the United Kingdom, and Singapore. The exchange has a rating of 4.1 out of 5 on Trustpilot.

FAQs

What is the minimum amount required to trade Bitcoin on the exchange?

Users can start buying or selling Bitcoin with as little as €1 or £1, depending on their currency. For automated purchases, the minimum is €5 or £5.

Does CoinCorner offer a mobile application?

Yes, CoinCorner has dedicated mobile apps for iOS and Android, providing access to Bitcoin buying/selling, account settings, and transaction history on the go.

Is leverage available for trading on the exchange?

No, CoinCorner does not offer leverage. All trades are conducted at a 1:1 ratio, focusing on simplicity and reducing risk for retail investors.

Can I earn passive income through CoinCorner?

CoinCorner does not provide staking, yield farming, or interest-earning accounts. However, users can automate purchases with the recurring buy feature to build their Bitcoin portfolio over time.

What are the supported countries for the exchange's accounts?

CoinCorner is available in only 17 countries, including the UK, Singapore, Norway, New Zealand, and Brazil. It has limited access due to regulatory compliance.

Does CoinCorner offer customer support on weekends?

No, support is only available Monday to Friday, 9 AM to 5 PM (UK time) via live chat, email, and ticket system. There is no phone support.

What is the trading fee structure on CoinCorner?

CoinCorner applies a flat 1% fee on all buy and sell transactions for Bitcoin. This rate also extends to automated purchases through the recurring buy feature. There are no deposit fees except for debit card payments, which incur a 2.5% charge.

Which cryptocurrencies are supported by the exchange?

CoinCorner only supports Bitcoin (BTC). It does not offer trading or purchases for altcoins like Ethereum or stablecoins. This focus on Bitcoin aligns with its simple and secure platform philosophy.

Is CoinCorner a regulated exchange?

Yes, CoinCorner is fully regulated. It is licensed as a Money Lender with the Isle of Man Office of Fair Trading and is overseen by the Isle of Man Financial Services Authority (FSA).

What payment methods can I use to deposit funds into the exchange?

Users can deposit via SEPA, FPS, debit/credit card, and Bitcoin (on-chain or Lightning). EUR and GBP fiat currencies are supported. Each method has different limits and fees.

How do I sign up and verify my account on CoinCorner?

Registering involves filling out a form, verifying your email, and completing KYC by uploading a valid ID, proof of address, and a selfie. This process ensures compliance with financial regulations.

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