Cointree Exchange Review 2023: Fees, Platform, App, Safety & More

This article will discuss the company's user interface, trading costs, and regulation status to asses Cointree's safety. Additionally, we examine the available trading platforms, deposit and withdrawal methods, supported countries, customer support, available cryptocurrencies and explain how to get started.

Author: Edith Reads   -   Last updated: 03/08/2022
Cointree Header Logo

Summary

Cointree is a well-known digital currency marketplace in Australia founded in 2013. marketplace in Australia founded in 2013. The exchange allows users to buy Bitcoin and other digital assets using fiat currencies. With a rich product portfolio, simple user interface, and quick signing up process, the crypto exchange has the edge over other crypto exchanges available around. However, the company’s trading costs seem a bit expensive compared to average market standards. In this piece, we review the crypto exchange thoroughly.

Pros & Cons of Using Cointree

Before diving into more details, let us quickly enlist a few pros and cons of the crypto exchange along with a bit of explanation to help you understand them better.

Advantages of Cointree

  • User-friendly platform
  • Fast registration process
  • Regulated exchange
  • Efficient customer support
  • Rich product portfolio

Disadvantages of Cointree

  • One supported fiat
  • Slow verification process
  • Limited dedicated support
  • No mobile app

Pros

  • User-friendly platform – Its user-friendly platform allows clients to navigate and explore different trading options conveniently.
  • Fast Signups – Cointree signup process is pretty quick and straightforward. It doesn’t take more than a couple of minutes to complete the registration process with Cointree.
  • Regulation – It provides clients with AUSTRAC regulated space for trading cryptocurrencies
  • Efficient customer support – Cointree’s professional and efficient customer support staff facilitate clients on a timely basis via telephone, email, and live chat.
  • Rich product portfolio – The company allows clients to trade a wide range of cryptocurrencies. At times, there are more than 170 cryptocurrencies listed on the exchange.

Cons

  • One supported fiat – The crypto exchange only accepts fiat deposits in Australian Dollars (AUD).
  • Slow verification process – Cointree’s verification process is a bit lengthy. The company might take a day or two to verify clients’ accounts.
  • Limited dedicated support – It provides dedicated support to corporates and SMEs only.
  • No mobile app – Unlike most crypto exchanges, Cointree does not offer a mobile trading app. Therefore, it might appear inconvenient for on-the-go traders.

Regulations, Offices & Supported Countries:

Regulations

Cointree operates under the regulations of AUSTRAC – Australia’s financial regulator. The company is also compliant with the Financing of Terrorism (CFT) & Anti-Money Laundering (AML) rules and guidelines.

Offices

Cointree serves clients through its head office based in Melbourne, Australia. However, the company anticipates increasing its global presence soon.

Supported Countries

AustraliaCanadaDenmarkFranceGermany
IrelandNew ZealandSingaporeSpainUnited Kingdom

Unsupported Countries

YemenWallis and Futuna IslandsVirgin Islands, U.S.Virgin Islands, BritishAfghanistan
ZimbabweZambiaUruguayUnited States Minor Outlying IslandsUnited States
United Arab EmiratesUkraineVietnamVenezuelaVanuatu
UzbekistanTurkeyTunisiaUgandaTuvalu
Timor-LesteTanzania, United Republic ofTajikistanTaiwan, Province of ChinaSyrian Arab Republic
Turks and Caicos IslandsTurkmenistanTrinidad and TobagoTokelauTogo
ThailandSwitzerlandSudanSri LankaSouth Sudan
South AfricaSlovakiaSierra LeoneSeychellesSerbia
SenegalSaudi ArabiaSao Tome and PrincipeSan MarinoSamoa
Saint Vincent and the GrenadinesSaint Pierre and MiquelonSaint LuciaSomaliaSweden
SwazilandSvalbard and Jan MayenSurinameSolomon IslandsSlovenia
Saint Kitts and NevisSaint Helena, Ascension and Tristan da CunhaSaint BarthélemyRéunionQatar
Puerto RicoPortugalPolandPitcairnRwanda
Russian FederationRomaniaPhilippinesPalauPakistan
OmanNorwayPeruParaguayPapua New Guinea
PanamaPalestinian Territory, OccupiedNorfolk IslandNiueNigeria
NigerNicaraguaNew CaledoniaNetherlandsNepal
NauruNamibiaMyanmarMozambiqueMorocco
MontserratMontenegroMongoliaMonacoMoldova, Republic of
MexicoMayotteMartiniqueMauritiusMauritania
Marshall IslandsMaltaMaliMaldivesMalaysia
MalawiMadagascarRepublic of North MacedoniaMacaoLithuania
LuxembourgLiechtensteinLibyaLiberiaLesotho
LebanonLatviaLao People’s Democratic RepublicKyrgyzstanKuwait
KoreaKiribatiItalyIsraelIsle of Man
IraqIslamic Republic of IranIndonesiaIndiaIceland
HungaryKenyaKazakhstanJordanJersey
JapanJamaicaHong KongHondurasHaiti
GuyanaGuinea-BissauGuineaGreenlandGreece
GhanaGibraltarGuernseyGuatemalaGuam
GuadeloupeGrenadaGeorgiaGambiaGabon
French Southern TerritoriesFrench PolynesiaFrench GuianaFinlandFiji
Faroe IslandsFederated States of MicronesiaDominicaDjiboutiCzech Republic
CyprusCuracaoCubaCroatiaFalkland Islands (Malvinas)
EthiopiaEstoniaEritreaEquatorial GuineaEl Salvador
EgyptEcuadorDominican RepublicCosta RicaCook Islands
Democratic Republic of the CongoCongoCayman IslandsCape VerdeCameroon
CambodiaBurundiBurkina FasoBulgariaBrunei Darussalam
ComorosColombiaCocos IslandsChristmas IslandChina
ChileChadCentral African RepublicBritish Indian Ocean TerritoryBrazil
BotswanaBosnia and HerzegovinaBonaireBoliviaBhutan
BermudaAzerbaijanAustriaArubaArmenia
BeninBelizeBelgiumBelarusArgentina
Antigua and BarbudaAntarcticaAnguillaAngolaBarbados
BangladeshBahrainBahamasAndorraAmerican Samoa
AlgeriaAlbania

Supported Cryptocurrencies

  Zilliqa – ZILBitcoin – BTC)Ethereum – ETHBinance Coin – BNBTether USD – USDT
Solana – SOLCardano – ADAUSD Coin – USDCRipple – XRPPolkadot – DOT
Dogecoin – DOGEAvalanche – AVAXTerra – LUNAMatic Network – MATICWrapped Bitcoin – WBTC
Litecoin – LTCUniswap – UNITronix – TRX Algorand – ALGO  ChainLink – LINK
  Bitcoin Cash – BCH  Stellar – XLM  NEAR Protocol – NEAR  Axie Infinity – AXS  Decentraland – MANA
  Cosmos – ATOM  FTX Token – FTT  Elrond – EGLD  VeChain – VET  Filecoin – FIL
  Internet Computer – ICP  Ether Classic – ETC  Sandbox – SAND  Theta – THETA  Tezos – XTZ
  Hedera Hashgraph – HBAR  Fantom – FTM  EOS – EOS  PancakeSwap – CAKE  The Graph – GRT
  Helium – HNT  IOTA – MIOTA Loopring – LRC  Stacks – STX  Kusama – KSM
  Maker – MKR  Aave – AAVE
  Quant – QNT   Harmony – ONE  Enjin Coin – ENJ  NEO – NEO
  Waves – WAVES  Chiliz – CHZ  THORChain – RUNE  Basic Attention Token – BAT  Curve DAO Token – CRV
  Dash – DASH  Celo – CELO  Arweave- AR  Compound – COMP  NEM – XEM
  IoTeX – IOTX  Theta Fuel – TFUEL  1inch – 1INCH  Decred – DCR  OmiseGo – OMG
  Qtum – QTUM  Voyager Token – VGX  WAX – WAXP  0x – ZRX  AdEx – ADX
  aelf – ELF  Aion – AION  Alien Worlds – TLM  Alpha Finance Lab – ALPHA  Ankr – ANKR
  Aragon – ANT  Ardor – ARDR  Ark – ARK  Audius – AUDIO  Augur v2 – REP
  Badger DAO – BADGER  Balancer – BAL  Bancor – BNT  Band Protocol – BAND  Bitcoin Gold – BTG
  Bitcoin Standard Hashrate Token – BTCST  BitShares – BTS  Cartesi – CTSI  Celer Network – CELR  Cindicator – CND
  Civic – CVC  Conflux Network – CFX  Coti Coin – COTI  DigiByte – DGB  district0x – DNT
  Fetch – FET  FunFair – FUN  GAS – GAS  Gifto – GTO  GoChain – GO
  Golem Network Token – GLM  Hive – HIVE  Horizen – ZEN  ICON – ICX  iExec – RLC
  Illuvium – ILV  Injective Protocol – INJ  IOSToken – IOST  Kava – KAVA  Komodo – KMD
  Kyber Network – KNC  Linear – LINA  Lisk – LSK  Metal – MTL  Mirror Protocol – MIR
  Mithril – MITH  Nano – NANO  Nebulas – NAS  Nexus – NXS  NKN – NKN
  Nuls – NULS  Numeraire – NMR  NXT – NXT  Ocean Protocol – OCEAN  Ontology – ONT
  Ontology Gas – ONG  Origin Protocol – OGN  Orion Protocol – ORN  Perpetual Protocol – PERP  Phala Network – PHA
  PIVX – PIVX  Polymath – POLY  Power Ledger – POWR  QLC Chain – QLC  Quantstamp – QSP
  QuarkChain – QKC  QuickSwap – QUICK  Raiden Network – RDN  Ravencoin – RVN  Reef – REEF
  Ren – REN  Request Network – REQ  Reserve Rights – RSR  Secret – SCRT  Serum – SRM
  Siacoin – SC  SingularityNET – AGIX  SKALE Network – SKL  Status – SNT  Steem – STEEM
  Storj – STORJ  StormX – STMX  STRAX Token – STRAX  Streamr DATAcoin – DATA  Superfarm – SUPER
  ushiSwap – SUSHI  Swipe – SXP  Synthetix – SNX  Syscoin – SYS  Tael – WABI
  TomoChain – TOMO  Travala.com – AVA  UMA – UMA  Venus – XVS   Verge – XVG
  Waltonchain – WTC  Wanchain – WAN  WazirX – WRX  Wrapped Nexus Mutual – WNXM  yearn.finance – YFI

 

Trading Fees

Cointree employs a tier-based fee structure. The company charges a flat fee between 0.5% to 0.9% of the transaction amount on buying or selling cryptocurrency. Trading high volume increases your tier and lowers your trading fees. You can visit the exchange’s fee page using this link for more details.

Tier(s)Sell/Buy FeesCrypto-Crypto TradingTrading Volume Required Per Month (30 days)
Diamond0.5%0.05%$1,000,000
Platinum0.6%0.1%$200,000
Gold0.7%0.15%$50,000
Silver0.8%0.2%$10,000
Bronze0.9%0.25%None

Although, beginners need to pay a relatively high fee of up to 0.9%. However, they can reduce the trading cost to 0.5% by trading 1 million Australian Dollars (AUD) in 30 days, unlocking the highest tier (Diamond). Also, transaction fees are lower for coin-to-coin transactions (i-e 0.25% to 0.05%). Please note that the exchange’s trading fees are not the lowest for newcomers looking to trade cryptocurrencies in Australia.

Trading Platforms, Account Opening, and How to Buy Crypto:

Cointree Desktop Trading Platform:

Cointree offers an easy-to-use trading interface with a few options to explore. For instance, after signing into your account, you can see three buttons located on your dashboard’s navigation panel, including Dashboard, Buy/Sell/Trade, and Wallet.

Dashboard: On the dashboard screen, you can find the current status of your account. It also allows you to see your asset portfolio listing all your coins. On the right-hand side, you can find details of your transactions. There is a tutorial video on the top-right corner of the dashboard, helping clients understand how to add funds to their accounts conveniently.

Screenshot 7

Buy/Sell/Trade: Clicking the buy/sell tab takes you to the trading terminal, where you can buy or sell your crypto assets against Australian Dollars (AUD). All you need is to enter the amount you wish to buy or sell and select your desired coin from the drop-down menu listing more than 170 cryptocurrencies. Not to mention, you can also choose to execute your trades on the market price or quoted price.

You can also settle your bills using Cointree’s innovative PayBill service in the same tab. The exchange makes it easy for crypto enthusiasts to pay their bills using cryptocurrencies with this feature.

Wallet: The wallet option allows you to access your stored cryptocurrencies. Besides sending and receiving cryptocurrencies, you can also use the wallet to deposit funds to their accounts. Moreover, a recurring purchase option automatically allows clients to buy their favorite crypto assets at regular intervals. Clients even don’t need to log in after setting up this facility. The purchase occurs automatically according to your defined criteria on market rates. Essentially, it’s an effective method to average out your crypto investment cost.

How to Open an Account with Cointree on a desktop?

Opening an account with Cointree is easier than you might have perceived it. Just follow the listed steps to sign up for the exchange.

  1. Visit www.cointree.com or click the link here.
  2. Click on the black highlighted button captioned as “Get Started” to access the registration page.
    Get started Cointree
  3. Enter your name email ID, choose a password and click on create an account.
    Register at Ciontree
  4. Check your inbox and click on the link received from the exchange to activate your account.
    Cointree Register
  5. Provide your mobile phone number and enter the code received in SMS to verify your number.
    Verify Number Cointree
    Confirm Mobile Number at Cointree Registration
  6. Complete the KYC process to continue using Cointree. You can use your national ID card or driver’s license for identity verification. The exchange also requires a copy of your utility bill or bank statement for address confirmation.
    Complete the KYC at Cointree

Please note that the exchange is strictly compliant with CFT and AML guidelines. Therefore, you need to verify your identity before even accessing your dashboard.

How to buy cryptos with Cointree on a desktop?

Like the account opening process, buying cryptos with Cointree on the desktop is also pretty simple. You can follow the listed below steps to buy your desired cryptocurrencies from the exchange.

1) Access the dashboard using your account’s login credentials.

2) Click the Buy/Sell/Trade button on the navigation panel and open the “Buy Coin” tab.

Buy/Sell At Cointree

3) Choose the execution type; i.e market or quoted price.

Execution Type at Cointree

4) Enter the amount of AUD you wish to spend to buy your desired coin. Your purchase amount should not exceed your total available balance.

amount of AUD at Cointree

5) Click on the “select the coin to buy” button to search your desired cryptocurrency from the list of available digital assets. You can also add notes in the specified field to help you remember what instigated you to buy the coin or anything you wish to recall later.

Cointree Screenshot

Cointree Screenshot

Cointree Screenshot

6) Review your purchase summary to confirm the transaction details.

Review Purchase Cointree Screenshot

7) After successful payment authorization, you will receive a message confirming the purchase’s completion.

Payments Methods – Deposit & Withdrawal:

Cointree doesn’t state deposits and withdrawal fees clearly. Instead, it cautions clients to check with their banks or card issuers for transaction fees while making deposits. We tried to add some funds personally due to conflicting information on different reviewers’ platforms concerning Cointree deposits and withdrawal fees. Let us share with you as well.

The crypto exchange offers multiple methods for clients to fund their accounts, including bank transfers, PayID, credit/debit cards, and cryptocurrencies.

While there are no charges on deposits made via bank transfers, the minimum deposit amount should not be less than $20. Clients using the PayID service to add funds to their accounts need to deposit a minimum of $25 and expect a charge of $1.25 on their transaction. The minimum amount for cash deposit must be $50 at least, and a 3% transaction fee is applied. However, clients can have their accounts funded free of cost using crypto transfers. Please consult the table below for more details.

Payment Method(s)Minimum Deposit Per DayMaximum Deposit Per DayTransaction Fees
Bank Transfers$20$10,000Free
Pay ID$25$10,000$2.75
POLi Payment$25$2000$3.50
Cash$50$8000$3

As far as the withdrawal fee is concerned, the company does not charge any fees on electronic transfers. However, the crypto network fee is still applicable to the withdrawals processed via crypto transfers.

Education

Cointree offers rich educational resources for clients to help them learn and grow. Starting from how-to guides to detailed articles, the company covers various topics on crypto in detail. The crypto exchange has divided content into three categories: basic, intermediate, and advanced. The learner series focuses on educating clients on the basics of crypto space, helping them learn different jargon and differentiate between bitcoins and altcoins. On the other hand, intermediate and advanced sections offer dedicated material for skilled traders to polish their skills and familiarize themselves with the latest market trends. Clients can explore the educational hub by clicking the learning tab available on Cointree’s homepage.

Customer Support

Cointree’s seems well committed to offering seamless customer services to its clients. The multilingual customer support staff remains on toes, offering fast resolution to clients’ queries and concerns across all the channels, including telephone, live chat, and email. The company also has a dedicated FAQ section. Clients can also seek answers to their questions using the bot services available under the support desk section on Cointree’s official website. Please note that you can only connect with a customer service representative during office hours. After that, you can leave a message, and the company gets back to you as soon as possible.

Cointree has been doing a lot of work in the background to improve its customer experience, including rolling out a streamlined verification process. It’s all automated and provided you have the right ID documents, you can be verified and ready to trade in less than five minutes.

Cointree also reports having increased its Australian support team, offering support for all customers, from individuals to trusts. This is available via live chat, its support portal, and even via phone.

Reviews

What Are People Saying About Cointree on Reddit?

Since the cryptocurrency exchange mainly focuses on facilitating clients residing in Australia, people from other origins know little about the company’s existence. We also struggled to find much information about Cointree on Reddit. However, we came across several posts where members sought other opinions concerning their experience with the exchange. While some clients seemed less interested in signing up with the company due to their expensive fee structure, some members expressed their satisfaction with the security levels it maintains.

Cointree Screenshot Reddit

While sharing his experience, a Reddit member explained that the crypto exchange has a lengthy procedure for KYC requirements. If you can hold up and remain patient until your identity is verified, the crypto exchange is good to go. However, if you don’t want to hook up for quite a long, then looking for other options might help.

What Are People Saying About Cointree on Quora?

Quora is one of the most popular social interaction platforms where people from different regions and ethnic groups, races, and geographies share their experiences and seek other opinions. We tried hard to find relevant posts for reading people’s views on Cointree. However, not more than a handful of threads were available. People liked the crypto exchange’s Pay Bill feature the most. Since Cointree is one of the few crypto exchanges that allow clients to pay their bills using cryptocurrencies, many clients prefer signing up with this exchange only for the said service.

Cointree Screenshot Quora

However, according to some members, the crypto exchange allows traders to buy their desired coins using local currency (AUD) without needing to worry about currency conversion make it an excellent choice for locals residing in the country or nationals living abroad.

Is Cointree Safe?

Yes, Cointree is undeniably a safe exchange for trading cryptocurrencies. It is AUSTRAC registered and meets all AML/KYC requirements. Cointree was also one of the finalist exchanges competing for the Australian Blockchain Industry Awards in the best digital currency exchange category in 2019.

Not to mention, the crypto exchange takes security seriously and employs advanced security protocols to safeguard your assets and data. Its security features include the hot/cold wallet system, 2FA authentication, encrypted SSL (HTTPS) traffic, closed network environments, and secure servers.

Cointree VS eToro

While it’s not always easy to compare two competitive crypto exchanges side by side, we strive to bring factual information to help you decide which of the two trading platforms suites you the best. Let’s quickly present some of the key facts below for crypto exchanges – Cointree and eToro.

Cointree is one of the pioneer crypto exchanges that lets users buy bitcoin and other cryptocurrencies with Australian dollars. Besides being user-friendly for beginners, it also offers advanced features for seasoned cryptocurrency traders, such as trading bitcoin for various altcoins. The exchange has a clientele base of over 80,000 members trading more than 160 cryptocurrencies and has undergone a trading volume of above $250 million to date.

With over 17 million registered users in over 100 countries, including the United States, eToro commenced business in 2007. eToro’s is considered the world’s leading social trading platform enabling clients to generate a source of passive income by replicating trades of other professional traders. Moreover, eToro tools have been adapted by various retail and institutional clients worldwide for crypto trading. While exchanging CFDs and stocks is available to non-US customers, US clients can access different features on eToro.

Cointree VS eToro (Trading fees):

Trading fees is one of the most crucial factors to consider while opening an account with any exchange.

Cointree claims to have some of the lowest trading fees worldwide. However, we don’t second their claim in this regard. The company’s trading fees vary by account type. While bronze tier accounts have a 0.25% coin-to-coin trading fee, a 0.05% coin-to-coin trading fee is charged from Diamond account holders. The crypto exchange also applies deposit fees on different payment methods, such as PayID, cash, POLi payments, etc.

While eToro employs a variable spread charging mechanism, trading fees on the exchange also vary by account type and location. The company charges a spread of up to 3.5% on less common cryptocurrencies compared to a 2% spread of frequently traded crypto assets.

Not to mention, US clients pay 0.75-5.0 per cent fee on trading while the Non-U.S. customers trading stocks pay no commissions. Customers from other countries buying assets in the US also pay a currency conversion fee.

Cointree VS eToro (Product portfolio)

As far as the product portfolio is concerned, crypto enthusiasts might cast their votes in favor of Cointree. That’s because Cointree allows you to trade more than 150 cryptocurrencies. However, clients looking to explore other financial instruments, like forex, indices, stocks, and commodities, might prefer to look for an alternative exchange.

On the other hand, eToro provides access to a wide range of tradable assets across all major classes, including forex, indices, shares, commodities, ETFs, and cryptocurrencies. Copy trading is yet another commendable feature of eToro that might instigate clients to sign up with eToro instead of Cointree.

Cointree VS eToro (Trading platforms)

Unlike most crypto exchanges, Cointree doesn’t offer a full-fledged trading platform. Instead, clients can buy and sell cryptocurrencies using the company’s web terminal. Although the exchange’s user interface is pretty simple and has most of the basic features available, it lacks advanced trading options that could become a source of inconvenience for veteran traders.

Unlike cointree, eToro provides access to its customized trading interface and allows clients to access the most popular trading platforms, i-e, MT4/MT5, for trading cryptos and other financial instruments. Moreover, eToro’s intuitive trading interface walks you through the rest of the options, making it extremely easy for clients new to the crypto space.

Cointree VS eToro (Customer support)

Despite offering customer support in multiple languages, Cointree takes a little longer to respond since its customer support staff is only accessible during office hours. Clients can contact the company over the phone or through email. The exchange also offers live chat support to help clients in real-time and provides a dedicated FAQs section where clients can conveniently help themselves find a resolution to their issues.

Customers can expect basic level customer support from eToro. The eToro FAQs provide detailed information on clients’ immediate trading needs. Clients may not be able to call the company’s staff. However, personal support is available to eToro’s club members only.

Other Products & Services

  • SMSF Compliance – Cointree also offers a dedicated service to their clients, helping them invest in digital currency such as bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), etc., through its Self-Managed Super Funds module.
  • Copy portfolios – The crypto exchange allows clients to view the site’s top-performing portfolios in the last week and copy their cryptocurrency spread.
  • Pay ID – BPAY – Paying bills with any of the 160+ supported currencies is now possible with Cointree and Gobbill joint venture.

Conclusion

Cointree offers simple and effective crypto trading solutions for all customers, primarily Australians. Besides being easy for newcomers, the exchange offers more complex features for seasoned cryptocurrency users. Although the exchanges fees aren’t the lowest in Australia, they’re still competitive. BillPay feature is likely to appeal to clients wishing to use cryptocurrency other than investment purposes. However, the exchange should consider expanding its services to more regions and accepting more fiat deposits besides the Australian Dollars (AUD). Not to mention, a mobile trading app is deemed to be the backbone of a crypto trading platform. Hence the exchange should devote serious consideration to developing a customizable mobile app for on-the-go traders.

Frequently Asked Questions (FAQs)

Yes, Cointree is a legitimate company. They are a cryptocurrency exchange that allows you to buy, sell, and trade cryptocurrencies.

Yes, Cointree is regulated by the Australian Securities and Investments Commission (ASIC).

Cointree is based in Melbourne, Victoria

Well, first of all, you need to create an account with Cointree. Once you’re logged in, click on the “Buy” tab and then select “Bitcoin” from the list of currencies. You’ll be taken to a page where you can enter the amount of Bitcoin that you want to buy. You can either type in the amount or use the slider to adjust it. Once you’ve entered the amount, click on the “Buy now!” button. You’ll be taken to a page where you can confirm your purchase. Simply enter your password and click on the “Confirm” button.

Cointree is a digital asset exchange that allows users to buy, sell, and trade cryptocurrencies. The platform offers a variety of payment options, including bank transfers, credit cards, and debit cards. Cointree also supports a variety of altcoins, including Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), and Ripple (XRP).

Cointree is not a wallet. The platform enables users to buy, sell, and trade cryptocurrencies, as well as manage their digital assets.

There is no such thing as a “safe” crypto exchange. Exchanges are hackable, and oftentimes user funds are not even insured. If you’re looking to buy or sell cryptos, you’re better off using a reputable exchange. So really, it all comes down to how much risk you’re willing to take.

Cointree charges a small fee for each transaction that takes place on the platform in order to cover its costs. This fee is paid by the person who initiates the transaction.

Cointree is a cryptocurrency wallet that allows you to store, send, and receive various cryptocurrencies. You can use Cointree to buy and sell cryptocurrencies, as well as to pay for goods and services with cryptocurrencies.

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