Currencies: 186 (152 fiat & 34 crypto) Countries: 255 PSs & Banks: 325 Exchanges: 307 Offers:
BTC/USD:

CoinFalcon review & testimonials (updated 11.2019)

CoinFalcon user interface: the home page in English

What is CoinFalcon in a nutshell? It's recently added to our monitoring, well established, promising exchange service (trading platform) supporting 10 cryptocurrencies: you can buy and sell coins using 1 fiat currency (3 banks & payment systems are supported) or exchange one crypto into another here. Exchange service started the business Oct 2017, it serves the clients over a year. It also offers gifts to the clients!

The exchange charges high fees: 6.0% (according to our statistics, 92% exchanges offer lower average fee) This Trading Platform welcomes customers from 252 countries (unfortunately, your country: United States is not supported at the moment; but there are good alternatives). Due to regulatory restrictions, US citizens and residents are not served by the exchange. Unfortunately we couldn't yet collect enough data about the order processing speed from the customers of CoinFalcon, although according to the information from the exchange itself, order processing is automated and should be instant. Depending on the order details, you may need to verify your account (ID Verification, Video Verification should be normally required) to exchange money on this Trading Platform.

Since 2017, CoinFalcon is working hard to get great testimonials from the users. Although, since this Trading Platform was recently added to our price comparison platform, we have no user reviews yet. Maybe you can help? If you have any experience dealing with CoinFalcon, can you please leave your testimonial? It will surely be a great help for us and all the community, thanks!

Based on all these facts, our verdict is the following: CoinFalcon is a promising, although not yet reviewed much by our visitors place to buy and sell cryptocurrencies, an interesting exchange that we believe will get some nice feedback soon!

Overview: is CoinFalcon safe?

CoinFalcon is the Trading Platform; Coinfalcon Limited (dba CoinFalcon) started the business in October 2017. The company is based in the United Kingdom with the headquarters located in the Crawley. Official CoinFalcon address is 3rd Floor, The Pinnacle, Station Way, Crawley, United Kingdom, RH10 1JH.

CoinFalcon was founded by Jordan Steeves. CoinFalcon CEO is also Jordan Steeves.

Answering the question how safe is CoinFalcon:

We are sorry, our platform has't yet collected enough data, but you can help! We know fairly much about this Trading Platform (please continue reading), but our policies require to collect more testimonials from the users of CoinFalcon to draw a conclusion. Do you have any experience dealing with this service? Please add your feedback, this will be a great help! Or maybe you know someone who does? Kindly ask him/her to tell us about it here! We really appreciate your participation.
Time in the business: 2 years 1 months
Business model: no special licenses, etc.

Overall rating for CoinFalcon: N/A

Pros & Cons of CoinFalcon

Although CoinFalcon is not yet rated by our visitors, there probably are many downsides that people don't like, but there also should be strong sides. Who knows, maybe for you, our dear visitor, these are most important and you'd consider this exchange as one of the best ones. Let's check it out:

  • Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
  • Besides the buying and selling, you may trade cryptocurrencies and earn some profit.
  • Trading platform business model is based on holding the clients funds at the online wallet; such approach has some risks.

Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at CoinFalcon! Try CoinFalcon today and let us know how you like it!

Services, CoinFalcon Provides

The platform provides the following cryptocurrency exchange-related services:

  • Allows the customers to buy cryptocurrencies with fiat currencies
  • Provides the clients with ways to "cash out" the crypto to fiat currency
  • Helps you to exchange one crypto to another

As we can see, CoinFalcon doesn't provide any services besides the cryptocurrency exchange, althought it's definitely not a bad thing; after all, we came here for the crypto exchange, right?

Currencies & Payment Systems

CoinFalcon provides the service of buying and selling and exchanging 10 digital currencies using fiat currencies and crypto. Besides the fiat-to-crypto conversion and vice versa, it also allows to exchange one cryptocurrency to another. The following cryptocurrencies are available to buy-sell-swap: Cardano (ADA), Bitcoin Cash (BCHABC), Bitcoin (BTC), Dogecoin (DOGE), EOS (EOS), Ether (ETH), Litecoin (LTC), TRON (TRX), Tether (USDT), Ripple (XRP).

There are not much exchanges with so many cryptos supported! If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Most popular cryptocurrencies 2019 to invest.

1 fiat currencies are supported to provide crypto purchase and selling: Euro (EUR). The Trading Platform will let you buy and sell Bitcoins and 9 other cryptos using the following payment systems:

  • Visa & Mastercard. An international payment system (available worldwide) allowing credit/debit cards payments in various currencies. Just the EUR payments are available for purchasing cryptos at the exchange. Visa & Mastercard is a popular way to buy BTC and other cryptocurrencies available at 78 exchanges of various types. You are welcome to find the best rate for buying bitcoin with visa & mastercard at our home page!
  • SEPA Transfer. An international payment system (it's available in 46 countries) allowing international bank transfers payments in Euro currency. Just the EUR payments are available for both buying and selling cryptocurrencies at this exchange.
  • SWIFT Transfer. An international payment system (available worldwide) allowing international bank transfers payments in various currencies. Just the EUR payments are available for both buying and selling cryptocurrencies at this exchange.

CoinFalcon fees

The fees you need to pay at this trading platform during the process of buying and selling cryptocurrencies are easier to understand if you break it down like that (note that you can skip the details, jumping to the conclusion):

  1. Deposit/withdrawal fee. Depending on the fiat payment system and currency, it's as follows:
    • 0% for the money withdrawal to SEPA Transfer in Euro.
    • 0% to deposit funds by SEPA Transfer in Euro.
    • €30 flat fee for the money withdrawal to SWIFT Transfer in Euro.
    • €1.8 flat fee to deposit funds by SWIFT Transfer in Euro.
    • 6.0% to deposit funds by Visa & Mastercard in Euro.
  2. Trading fee. This trading platform charges the following when you make the funds transfer:
    • 0.2% of the exchange amount, whatever fiat or crypto currency you exchange.
  3. Cryptocurrency withdrawal fee. Please note that this fee applies only when you transfer the crypto 'out': to your own wallet, to someone else, etc.!
    • 0.000080 BTC when you purchase Bitcoins
    • the usual transaction fee in the according crypto, when you are buying: ADA, BCHABC, DOGE, EOS, ETH, LTC, TRX, USDT, XRP.
Gift available!

Are CoinFalcon fees high or low?

Now it's time to draw a conclusion: CoinFalcon charges high fees. According to our statistics, most of the exchanges charges about the same fees CoinFalcon does. For example, an average fee you pay to buy Bitcoin with Visa & Mastercard in EUR across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is 7%, CoinFalcon charges 6.0% for this. Seems fair!

Buying and selling limits

This Trading Platform has the following limits, applicable when you buy or sell cryptocurrencies (there are no limits on crypto-to-crypto swaps):

  1. Purchase limits (when you buy crypto).
    • EUR 1 minimal buy when using SEPA Transfer in Euro.
    • €1 minimal buy when using SWIFT Transfer in Euro.
    • €1 minimal buy when using Visa & Mastercard in Euro.
  2. Withdrawal limits (when you out-exchange crypto to the fiat money).
    • EUR 1 min when receiving money to SEPA Transfer in Euro.
    • €1 min when receiving money to SWIFT Transfer in Euro.

In fact, there are no limits on crypto-to-crypto swaps here, at CoinFalcon. You can exchange almost any amount, big or small. Nice!

Supported countries

Platform allows the users from 252 countries to use the exchange. The following countries are supported by the trading platform:

  • Afghanistan (AF)
  • Aland Islands (AX)
  • Albania (AL)
  • Algeria (DZ)
  • American Samoa (AS)
  • Andorra (AD)
  • Angola (AO)
  • Anguilla (AI)
  • Antarctica (AQ)
  • Antigua & Barbuda (AG)
  • Argentina (AR)
  • Armenia (AM)
  • Aruba (AW)
  • Ascension Island (AC)
  • Australia (AU)
  • Austria (AT)
  • Azerbaijan (AZ)
  • Bahamas (BS)
  • Bahrain (BH)
  • Bangladesh (BD)
  • Barbados (BB)
  • Belarus (BY)
  • Belgium (BE)
  • Belize (BZ)
  • Benin (BJ)
  • Bermuda (BM)
  • Bhutan (BT)
  • Bolivia (BO)
  • Bosnia & Herzegovina (BA)
  • Botswana (BW)
  • Bouvet Island (BV)
  • Brazil (BR)
  • British Indian Ocean Territory (IO)
  • British Virgin Islands (VG)
  • Brunei (BN)
  • Bulgaria (BG)
  • Burkina Faso (BF)
  • Burundi (BI)
  • Cambodia (KH)
  • Cameroon (CM)
  • Canada (CA)
  • Canary Islands (IC)
  • Cape Verde (CV)
  • Caribbean Netherlands (BQ)
  • Cayman Islands (KY)
  • Central African Republic (CF)
  • Ceuta & Melilla (EA)
  • Chad (TD)
  • Chile (CL)
  • China (CN)
  • Christmas Island (CX)
  • Cocos (Keeling) Islands (CC)
  • Colombia (CO)
  • Comoros (KM)
  • Congo - Brazzaville (CG)
  • Congo - Kinshasa (CD)
  • Cook Islands (CK)
  • Costa Rica (CR)
  • Croatia (HR)
  • Cuba (CU)
  • Curaçao (CW)
  • Cyprus (CY)
  • Czech Republic (CZ)
  • Côte d’Ivoire (CI)
  • Denmark (DK)
  • Diego Garcia (DG)
  • Djibouti (DJ)
  • Dominica (DM)
  • Dominican Republic (DO)
  • Ecuador (EC)
  • Egypt (EG)
  • El Salvador (SV)
  • Equatorial Guinea (GQ)
  • Eritrea (ER)
  • Estonia (EE)
  • Ethiopia (ET)
  • Falkland Islands (FK)
  • Faroe Islands (FO)
  • Fiji (FJ)
  • Finland (FI)
  • France (FR)
  • French Guiana (GF)
  • French Polynesia (PF)
  • French Southern Territories (TF)
  • Gabon (GA)
  • Gambia (GM)
  • Georgia (GE)
  • Germany (DE)
  • Ghana (GH)
  • Gibraltar (GI)
  • Greece (GR)
  • Greenland (GL)
  • Grenada (GD)
  • Guadeloupe (GP)
  • Guam (GU)
  • Guatemala (GT)
  • Guernsey (GG)
  • Guinea (GN)
  • Guinea-Bissau (GW)
  • Guyana (GY)
  • Haiti (HT)
  • Heard Island and McDonald Islands (HM)
  • Honduras (HN)
  • Hong Kong SAR China (HK)
  • Hungary (HU)
  • Iceland (IS)
  • India (IN)
  • Indonesia (ID)
  • Iraq (IQ)
  • Ireland (IE)
  • Isle of Man (IM)
  • Israel (IL)
  • Italy (IT)
  • Jamaica (JM)
  • Japan (JP)
  • Jersey (JE)
  • Jordan (JO)
  • Kazakhstan (KZ)
  • Kenya (KE)
  • Kiribati (KI)
  • Kosovo (XK)
  • Kuwait (KW)
  • Kyrgyzstan (KG)
  • Laos (LA)
  • Latvia (LV)
  • Lebanon (LB)
  • Lesotho (LS)
  • Liberia (LR)
  • Libya (LY)
  • Liechtenstein (LI)
  • Lithuania (LT)
  • Luxembourg (LU)
  • Macau SAR China (MO)
  • Macedonia (MK)
  • Madagascar (MG)
  • Malawi (MW)
  • Malaysia (MY)
  • Maldives (MV)
  • Mali (ML)
  • Malta (MT)
  • Marshall Islands (MH)
  • Martinique (MQ)
  • Mauritania (MR)
  • Mauritius (MU)
  • Mayotte (YT)
  • Mexico (MX)
  • Micronesia (FM)
  • Moldova (MD)
  • Monaco (MC)
  • Mongolia (MN)
  • Montenegro (ME)
  • Montserrat (MS)
  • Morocco (MA)
  • Mozambique (MZ)
  • Myanmar (Burma) (MM)
  • Namibia (NA)
  • Nauru (NR)
  • Nepal (NP)
  • Netherlands (NL)
  • New Caledonia (NC)
  • New Zealand (NZ)
  • Nicaragua (NI)
  • Niger (NE)
  • Nigeria (NG)
  • Niue (NU)
  • Norfolk Island (NF)
  • Northern Mariana Islands (MP)
  • Norway (NO)
  • Oman (OM)
  • Pakistan (PK)
  • Palau (PW)
  • Palestinian Territories (PS)
  • Panama (PA)
  • Papua New Guinea (PG)
  • Paraguay (PY)
  • Peru (PE)
  • Philippines (PH)
  • Pitcairn Islands (PN)
  • Poland (PL)
  • Portugal (PT)
  • Puerto Rico (PR)
  • Qatar (QA)
  • Romania (RO)
  • Russia (RU)
  • Rwanda (RW)
  • Réunion (RE)
  • Samoa (WS)
  • San Marino (SM)
  • Saudi Arabia (SA)
  • Senegal (SN)
  • Serbia (RS)
  • Seychelles (SC)
  • Sierra Leone (SL)
  • Singapore (SG)
  • Sint Maarten (SX)
  • Slovakia (SK)
  • Slovenia (SI)
  • Solomon Islands (SB)
  • Somalia (SO)
  • South Africa (ZA)
  • South Georgia & South Sandwich Islands (GS)
  • South Korea (KR)
  • South Sudan (SS)
  • Spain (ES)
  • Sri Lanka (LK)
  • St. Barthélemy (BL)
  • St. Helena (SH)
  • St. Kitts & Nevis (KN)
  • St. Lucia (LC)
  • St. Martin (MF)
  • St. Pierre & Miquelon (PM)
  • St. Vincent & Grenadines (VC)
  • Sudan (SD)
  • Suriname (SR)
  • Svalbard & Jan Mayen (SJ)
  • Swaziland (SZ)
  • Sweden (SE)
  • Switzerland (CH)
  • Syria (SY)
  • São Tomé & Príncipe (ST)
  • Taiwan (TW)
  • Tajikistan (TJ)
  • Tanzania (TZ)
  • Thailand (TH)
  • Timor-Leste (TL)
  • Togo (TG)
  • Tokelau (TK)
  • Tonga (TO)
  • Trinidad & Tobago (TT)
  • Tristan da Cunha (TA)
  • Tunisia (TN)
  • Turkey (TR)
  • Turkmenistan (TM)
  • Turks & Caicos Islands (TC)
  • Tuvalu (TV)
  • U.S. Outlying Islands (UM)
  • U.S. Virgin Islands (VI)
  • Uganda (UG)
  • Ukraine (UA)
  • United Arab Emirates (AE)
  • United Kingdom (GB)
  • Uruguay (UY)
  • Uzbekistan (UZ)
  • Vanuatu (VU)
  • Vatican City (VA)
  • Venezuela (VE)
  • Vietnam (VN)
  • Wallis & Futuna (WF)
  • Western Sahara (EH)
  • Yemen (YE)
  • Zambia (ZM)
  • Zimbabwe (ZW)

Does CoinFalcon allow the users from United States (US)?

USA flag

Sorry, but the CoinFalcon can't provide the services to the citizens and residents of the United States of America at this time, due to the local regulations and licensing matters, etc. But there are no reasons to get disappointed because of that, there are plenty of great exchanges as well as the ones of Trading Platform type, who warmly welcomes the American people! We can recommend you to look at these:

Customer service

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the CoinFalcon? Can you please add your testimonial? This will help everyone a lot, thanks!

Verification at CoinFalcon

The trading platform may require the customers to pass through the user identification (account verification) process. The following procedures should be completed if you desire to buy or sell the cryptos using fiat money here:

  • ID verification
  • A video verification (over a webcam)

Note that the verification is only required for the exchanges with fiat currencies (i.e. buying and selling digital currencies)! According to the exchange itself, less than 3 minutes is required to verify an account.

According to the customers surveys results, the average time to verify an account at CoinFalcon is the following:

Sorry, we haven't yet collected enough data. Do you know, how fast CoinFalcon does account verification? Kindly let us know, too. Thank you very much!

Deposit/withdrawal speed

CoinFalcon processes the orders automatically, that's definitely a good thing and the process should take no time. Although we know that some exchanges require various forms of staff approval, etc. for the specific orders; such ones generally take longer. Even fully automated platforms sometimes delay the funds delivery, so if you know that it's the case here at this trading platform, let us and the community know about it, please!

Is CoinFalcon instant?

So, what can we see? In accordance with the data we know about the trading platform, orders at CoinFalcon should be instant. Although we don't have enough information about the order delivery speed from actual customers yet, sorry.

Customers' testimonials

There are currently no users testimonials about the CoinFalcon. Do you have any experience using this trading platform? If you do, please say a couple of words about it!

FAQ about CoinFalcon

Does CoinFalcon holds my funds?

Yes, it does. Although you can always withdraw the funds to your e-currency wallet "by default" CoinFalcon holds your balance at it's own hot storage wallet. This is the standard practice for all the trading platforms, although we recommend to keep only the funds you need for the trading at the exchange.

Is CoinFalcon a good trading platform?

Although we have not enough users' reviews yet, we analyzed the information we have. Feel free to get acquainted with the details reading this review or just jump to the conclusion!

Is CoinFalcon licensed? Does it hold e-money license?

It is not, although seems that such business model complies with the regulation in CoinFalcon home country.

Is CoinFalcon a ripoff?

It is not a ripoff, although we have not rated CoinFalcon yet due to lack of user testimonials, it complies with our standards. Feel free to read the whole this review to understand why or check our conclusion: is CoinFalcon legit or scam.

CoinFalcon vs other exchanges

Let's compare CoinFalcon to other similar exchange services with similar features: others of trading platform type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 33 other cryptos, check the best rates to buy bitcoin and crypto in United States!

CoinFalcon vs Bitonic

Let's compare the key features of these two platforms to see which one suits you best:

  • Bitonic is a broker CoinFalcon is a trading platform, it has a different business model (feel free to read about the differences between broker and trading platform)
  • Bitonic had started the business May 2012 CoinFalcon started the business October 2017 (Bitonic is working for 5 years and 5 months longer time).
  • Bitonic has all the required business licenses and permissions CoinFalcon is an ordinary company without licenses, etc. (Bitonic's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, Bitonic provides the following extra services: Merchant Services CoinFalcon provides the same number of services as Bitonic: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • Bitonic supports 1 cryptocurrencies CoinFalcon allows to exchange 10 cryptos (CoinFalcon supports 9 cryptocurrencies more).
  • 1 fiat currencies are available at Bitonic You'll be able to use 1 fiat currencies to swap with digital ones at CoinFalcon (CoinFalcon & Bitonic support the same number of fiat currencys).
  • Bitonic accepts deposits from and allows withdrawals to 3 fiat payment systems / banks CoinFalcon allows the user to utilize 3 various fiat payment systems and/or banks (CoinFalcon & Bitonic support the same number of banks and payment systems).
  • Bitonic charges 0.0% fee CoinFalcon charges the client 6.0% fee, depending on the currency, payment system, etc. (CoinFalcon has higher fees, generally).
  • Bitonic offers no gifts to the customers, cashback is also not available CoinFalcon offers gifts to the customers (CoinFalcon offers more extra bonuses).
  • Bitonic allows registrations from 46 countries; we are sorry, but United States is not supported this time You may register at CoinFalcon if you reside in one of 252 countries; unfortunately, United States is not among the supported ones (CoinFalcon supports more countries worldwide).
  • During the account verification Bitonic usually asks for 3 documents and/or procedures: (id verification, phone confirmation, a bank account verification) User identification at CoinFalcon usually consists of 2 different procedures: id verification, additional information upon compliance staff decision (CoinFalcon 's compliance program requires the client to take more actions or to provide more data).

Although the final decision, which exchange — Bitonic or CoinFalcon — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

CoinFalcon vs BitQuick

Let's compare the key features of these two platforms to see which one suits you best:

  • BitQuick is a p2p marketplace CoinFalcon is a trading platform, it has a different business model (feel free to read about the differences between p2p marketplace and trading platform)
  • BitQuick had started the business October 2013 CoinFalcon started the business October 2017 (BitQuick is working for 4 years and 0 months longer time).
  • BitQuick has all the required business licenses and permissions CoinFalcon is an ordinary company without licenses, etc. (BitQuick's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, BitQuick provides no extra services CoinFalcon provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • BitQuick supports 1 cryptocurrencies CoinFalcon allows to exchange 10 cryptos (CoinFalcon supports 9 cryptocurrencies more).
  • 1 fiat currencies are available at BitQuick You'll be able to use 1 fiat currencies to swap with digital ones at CoinFalcon (CoinFalcon & BitQuick support the same number of fiat currencys).
  • BitQuick accepts deposits from and allows withdrawals to 16 fiat payment systems / banks CoinFalcon allows the user to utilize 3 various fiat payment systems and/or banks (CoinFalcon supports 13 banks and fiat payment systems less).
  • BitQuick charges 2.0% fee CoinFalcon charges the client 6.0% fee, depending on the currency, payment system, etc. (CoinFalcon has higher fees, generally).
  • BitQuick offers no gifts to the customers, cashback is also not available CoinFalcon offers gifts to the customers (CoinFalcon offers more extra bonuses).
  • BitQuick allows registrations from 1 countries; United States is among the supported ones You may register at CoinFalcon if you reside in one of 252 countries; unfortunately, United States is not among the supported ones (CoinFalcon supports more countries worldwide).
  • During the account verification BitQuick usually asks for 1 document / procedure: (phone confirmation) User identification at CoinFalcon usually consists of 2 different procedures: id verification, additional information upon compliance staff decision (CoinFalcon 's compliance program requires the client to take more actions or to provide more data).

Although the final decision, which exchange — BitQuick or CoinFalcon — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

CoinFalcon vs Wirex

Let's compare the key features of these two platforms to see which one suits you best:

  • Wirex is a e-wallet CoinFalcon is a trading platform, it has a different business model (feel free to read about the differences between e-wallet and trading platform)
  • Wirex had started the business November 2014 CoinFalcon started the business October 2017 (Wirex is working for 2 years and 11 months longer time).
  • Wirex has all the required business licenses and permissions CoinFalcon is an ordinary company without licenses, etc. (Wirex's business model is more stable and safer for clients).
  • Besides buying, selling and exchanging cryptocurrencies, Wirex provides no extra services CoinFalcon provides the same number of services as Wirex: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • Wirex supports 6 cryptocurrencies CoinFalcon allows to exchange 10 cryptos (CoinFalcon supports 4 cryptocurrencies more).
  • 3 fiat currencies are available at Wirex You'll be able to use 1 fiat currencies to swap with digital ones at CoinFalcon (CoinFalcon supports 2 fiat currencies less).
  • Wirex accepts deposits from and allows withdrawals to 4 fiat payment systems / banks CoinFalcon allows the user to utilize 3 various fiat payment systems and/or banks (CoinFalcon supports 1 banks and fiat payment systems less).
  • Wirex charges 1.0% fee CoinFalcon charges the client 6.0% fee, depending on the currency, payment system, etc. (CoinFalcon has higher fees, generally).
  • Wirex offers no gifts to the customers, cashback is also not available CoinFalcon offers gifts to the customers (CoinFalcon offers more extra bonuses).
  • Wirex allows registrations from 255 countries; United States is among the supported ones You may register at CoinFalcon if you reside in one of 252 countries; unfortunately, United States is not among the supported ones (CoinFalcon supports less countries).
  • During the account verification Wirex usually asks for 2 documents and/or procedures: (id verification, phone confirmation) User identification at CoinFalcon usually consists of 2 different procedures: id verification, additional information upon compliance staff decision (CoinFalcon 's compliance program requires the client to take more actions or to provide more data).

Although the final decision, which exchange — Wirex or CoinFalcon — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

CoinFalcon vs BTCBIT

Let's compare the key features of these two platforms to see which one suits you best:

  • BTCBIT is a broker CoinFalcon is a trading platform, it has a different business model (feel free to read about the differences between broker and trading platform)
  • BTCBIT had started the business May 2017 CoinFalcon started the business October 2017 (BTCBIT is working for 4 months longer time).
  • BTCBIT has all the required business licenses and permissions CoinFalcon is an ordinary company without licenses, etc. (BTCBIT's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, BTCBIT provides no extra services CoinFalcon provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • BTCBIT supports 10 cryptocurrencies CoinFalcon allows to exchange 10 cryptos (CoinFalcon & BTCBIT support the same number of digital currencys).
  • 9 fiat currencies are available at BTCBIT You'll be able to use 1 fiat currencies to swap with digital ones at CoinFalcon (CoinFalcon supports 8 fiat currencies less).
  • BTCBIT accepts deposits from and allows withdrawals to 7 fiat payment systems / banks CoinFalcon allows the user to utilize 3 various fiat payment systems and/or banks (CoinFalcon supports 4 banks and fiat payment systems less).
  • BTCBIT charges 2% — 15% fee CoinFalcon charges the client 6.0% fee, depending on the currency, payment system, etc. (CoinFalcon & BTCBIT charge the customer with the equal fee level, more or less).
  • BTCBIT offers no gifts to the customers, cashback is also not available CoinFalcon offers gifts to the customers (CoinFalcon offers more extra bonuses).
  • BTCBIT allows registrations from 221 countries; United States is among the supported ones You may register at CoinFalcon if you reside in one of 252 countries; unfortunately, United States is not among the supported ones (CoinFalcon supports more countries worldwide).
  • BTCBIT allows the user to be anonymous, there is no account verification, etc. User identification at CoinFalcon usually consists of 2 different procedures: id verification, additional information upon compliance staff decision (CoinFalcon 's compliance program requires the client to take more actions or to provide more data).

Although the final decision, which exchange — BTCBIT or CoinFalcon — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

CoinFalcon vs Coinbase

Let's compare the key features of these two platforms to see which one suits you best:

  • Coinbase is a e-wallet CoinFalcon is a trading platform, it has a different business model (feel free to read about the differences between e-wallet and trading platform)
  • Coinbase had started the business June 2012 CoinFalcon started the business October 2017 (Coinbase is working for 5 years and 4 months longer time).
  • Coinbase has all the required business licenses and permissions CoinFalcon is an ordinary company without licenses, etc. (Coinbase's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, Coinbase provides the following extra services: ATM Cards and the Merchant Services CoinFalcon provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • Coinbase supports 11 cryptocurrencies CoinFalcon allows to exchange 10 cryptos (CoinFalcon supports 1 cryptocurrencies less).
  • 6 fiat currencies are available at Coinbase You'll be able to use 1 fiat currencies to swap with digital ones at CoinFalcon (CoinFalcon supports 5 fiat currencies less).
  • Coinbase accepts deposits from and allows withdrawals to 4 fiat payment systems / banks CoinFalcon allows the user to utilize 3 various fiat payment systems and/or banks (CoinFalcon supports 1 banks and fiat payment systems less).
  • Coinbase charges 1.49% — 3.99% fee CoinFalcon charges the client 6.0% fee, depending on the currency, payment system, etc. (CoinFalcon has higher fees, generally).
  • Coinbase offers no gifts to the customers, cashback is also not available CoinFalcon offers gifts to the customers (CoinFalcon offers more extra bonuses).
  • Coinbase allows registrations from 39 countries; United States is among the supported ones You may register at CoinFalcon if you reside in one of 252 countries; unfortunately, United States is not among the supported ones (CoinFalcon supports more countries worldwide).
  • During the account verification Coinbase usually asks for 2 documents and/or procedures: (id verification, phone confirmation) and it takes a day or two in most of the cases User identification at CoinFalcon usually consists of 2 different procedures: id verification, additional information upon compliance staff decision (CoinFalcon 's compliance program requires the client to take more actions or to provide more data).

Although the final decision, which exchange — Coinbase or CoinFalcon — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Conclusion: is CoinFalcon legit or scam?

Now it's time to draw a conclusion, is CoinFalcon a scam or is it a legit exchange? We hadn't yet collected enough testimonials to assign CoinFalcon a rating, but according to our research it's a good exchange. We have found no evidence that this trading platform is a scam so it should be save to deal with. Let's summarize what we like most (and what we don't) about the CoinFalcon:

  • Although it has no financial licenses, etc. such a business model complies with the regulation
  • The trading platform holds users' funds
  • The service exists for rather a long time; exchange was started 2 years and 1 months ago
  • Exchange supports 10 cryptocurrencies and 1 fiat ones (totally 3 payment systems / banks are available). There are no extra services besides the digital currencies exchange
  • It charges the high fees: 6.0%
  • CoinFalcon accepts the clients from 252 countries; unfortunately, users from United States are not permitted to use the service
  • Exchange will gift you free money on certain conditions!

Overall rating for CoinFalcon: N/A