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CoinList Review 2025

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CoinList Review 2025
OTC MarketStakingSpot TradingTestnets & Rewards
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Your Capital is at risk.

Your Capital is at risk.

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!

Overview
Company:CoinList
Headquarter:San Francisco, California
Founded:2017
Coins:70
US Accepted:
Max Leverage:1:1
About
CoinList is an American crypto exchange registered with FinCEN and headquartered in San Francisco. The exchange provides service in 9 US states. It offers Staking services with up to 13.84% APY on MINA, SOL, NEAR, ETH, and SUI. The Launch Pad also provides early access to new projects like Aligned and Obol.
Contact
San Francisco, California, United States
Rank and Score
Pros and Cons
User Levels
Pros
Staking services
Early access to new tokens
Strong regulatory framework
Low trading fees for high-volume traders
Cons
No mobile application
Strict KYC requirements
Geo-restrictions
Limited fiat currency options

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
CoinList is headquartered in San Francisco, California

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.

CoinList Crypto Withdrawal Fees
The minimum amount for Bitcoin withdrawal on CoinList is 0.00005 BTC

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 BTCPopular 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.

  1. Visit the exchange’s official website;
  2. Click “Sign Up”;
  3. Fill in the registration form;
  4. Verify your email address;
  5. Set up two-factor authentication via Google AuthenticatorDuo Mobile, or Authy;
  6. Fill out personal information;
  7. 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

CoinList Trustpilot

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 Truustpilot
CoinList hasn’t replied to any of the negative comments on its Trustpilot profile

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

FAQs

Is CoinList available worldwide?

While the platform accepts clients worldwide, residents of some countries, including Iran, North Korea, and many more, are prohibited from accessing the platform.

Can I deposit USD on CoinList?

Currently, only cryptocurrency deposits are available. Fiat options are temporarily suspended.

How secure is CoinList?

The exchange employs industry-standard security measures, including BCrypt hashing and MFA. It’s also registered with FinCEN.

How long does the KYC process take?

Typically, 1-3 business days, but it may vary based on individual circumstances.

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