CoinList provides access to 70+ cryptocurrencies for OTC and Spot trading. Transactions in the OTC market incur a 0.50% fee. The minimum deposit and the minimum trade size are $10 and $5, respectively.
CoinList; About the Crypto Exchange
CoinList was founded in 2017 as a centralized exchange by Andy Bromberg, Brian Tubergen, Graham Jenkin, Joshua Slayton, Kendrick Nguyen, and Paul Menchov.

CoinList is the brand name of Amalgamated Token Services Inc. CoinList Markets LLC (NMLS #1785267) is registered with FinCEN as a Money Services Business (MSB).
The company has acquired licenses as a money transmitter in 6 US states and Puerto Rico. The exchange primarily focuses on accelerating new projects by raising funds for them.
CoinList Key Features
The crypto exchange offers the OTC Desk for simple buying and selling and the CoinList Pro platform for Spot and Perpetual (BETA Test) trading.
Exchange | CoinList |
Launch Date | 2017 |
Levels | 8 levels |
Trading Fees | OTC Trading 0.50% Pro Trading Maker 0.00% - 0.25% Pro Trading Taker 0.025% - 0.40% |
Restricted Countries | Afghanistan, Angola, Canada, Central African Republic, Congo, Cuba, Côte d'Ivoire, Guinea-Bissau, Iran, Iraq, Korea (North), Lebanon, Liberia, Libya, Mali, Myanmar, Nicaragua, Somalia, South Sudan, Sudan, Syrian Arab Republic, Venezuela, Virgin Islands of the United States, Yemen, Zimbabwe, Crimea region of Ukraine, Donetsk People's Republic (DNR), Luhansk People's Republic (LNR), Somaliland |
Supported Coins | 70+ |
Futures Trading | No |
Minimum Deposit | $10 |
Deposit Methods | Bank Wire, ACH, Crypto |
Withdrawal Methods | Bank Wire, ACH, Crypto |
Maximum Leverage | 1:1 |
Minimum Trade Size | $5 |
Security Factors | MFA, 2FA, Encryption of Data, BCrypt Password Hashing, Employee Background Checks |
Services | OTC Market, Spot Trading, Staking, Testnets & Rewards |
Customer Support Ways | Chatbot, Ticket |
Customer Support Hours | N/A |
Fiat Deposit | Yes |
Affiliate Program | No |
Orders Execution | Market |
Native Token | No |
User Level and Fee Reduction
CoinList implements a tiered fee structure that rewards high-volume traders with reduced fees. The platform offers 8 levels of fee discounts for Pro Trading, including:
User Level | 30D Trade Volume (USD) |
Level 1 | 0 – 10K |
Level 2 | 10K – 25K |
Level 3 | 25K – 50K |
Level 4 | 50K – 100K |
Level 5 | 100K – 500K |
Level 6 | 500K – 1M |
Level 7 | 1M – 5M |
Level 8 | 5M+ |
CoinList Trading and Non-Trading Costs
The platform charges 0.50% per transaction for OTC trading with a minimum fee requirement of $0.25 or crypto-equivalent. However, the spot market fees are calculated based on 30 days USD trade volume in an 8-tier user level system.
User Level | Maker Fee | Taker Fee |
Level 1 | 0.250% | 0.400% |
Level 2 | 0.250% | 0.300% |
Level 3 | 0.150% | 0.250% |
Level 4 | 0.100% | 0.150% |
Level 5 | 0.075% | 0.125% |
Level 6 | 0.060% | 0.100% |
Level 7 | 0.000% | 0.075% |
Level 8 | 0.000% | 0.025% |
While USD transfers are unavailable at the moment, fees for US Wires and Foreign Wires are $10 and $30, respectively. Note that crypto deposits are free of charge. However, crypto withdrawals incur a network fee.

Listed Cryptocurrencies on CoinList
The exchange offers a diverse range of 70+ cryptocurrencies and 80+ trading pairs in 7 markets, including USDT, USDC, USD, ETH, DAI, CUSD, and BTC. Popular available digital assets on CoinList:
- Bitcoin (BTC)
- Ethereum (ETH)
- Solana (SOL)
- Filecoin (FIL)
- Celo (CELO)
Leveraged Trading
In this CoinList review, we must mention that the exchange doesn’t currently support leveraged trading. In an exciting development, it has introduced perpetual futures trading to its platform. However, it's important to note that at the time of writing, this feature is only available in beta access.
Account Opening and Verification
While the registration process is straightforward, CoinList requires users to go through a KYC verification and regular re-verifications.
- Visit the exchange’s official website;
- Click “Sign Up”;
- Fill in the registration form;
- Verify your email address;
- Set up two-factor authentication via Google Authenticator, Duo Mobile, or Authy;
- Fill out personal information;
- Provide ID documents and a selfie.
CoinList Security and Safety
CoinList employs a multi-layered security framework that integrates industry-leading safeguards, including:
- Strict access controls
- End-to-End encryption
- BCrypt hashing
- Multi-factor authentication (MFA)
- Employee background checks
CoinList Payment Methods
While the exchange typically supports bank wire and ACH for USD transactions, at the time of writing this CoinList review, these options are not available. The platform is in the process of upgrading its systems and expanding its banking partnerships.
Users should be aware that they can only deposit and withdraw cryptocurrencies, which may be a limitation for those looking to use fiat currencies.
CoinList Exchange User Experience
The platform has an average standing in experts' and users’ eyes. There are 827 CoinList reviews on Trustpilot.
CoinGecko | 6 out of 10 |
3.7 out of 5 |
57% of comments on the exchange’s TP profile are negative (1-star and 2-star), while only 41% are positive (4-star and 5-star).

CoinList Exchange Investment and Growth Plans
While the platform doesn’t offer copy/social trading and a referral program, it provides staking services on various cryptocurrencies, including:
Digital Asset | Staking Reward (APY) |
Mina (MINA) | 13.84% |
Solana (SOL) | 6.97% |
Near (NEAR) | 6.96% |
Ethereum (ETH) | 3.76% |
Sui (SUI) | 3.35% |
CoinList also rewards its community for testing new products like GVNR, ZEROBASE, Moseiki, Atlas Network, and OpenLedger.
Writer's opinion and conclusion
CoinList has a Spot market with 80+ trading pairs in 7 markets, including USDT, USDC, USD, ETH, DAI, CUSD, and BTC. The exchange has a score of 3.7 out of 5 on Trustpilot. The platform offers rewards for participating in GVNR and ZEROBASE testnets.