Coinlim Trading Fee Calculator
Calculate how much you could save with Coinlim's low trading fees compared to the industry average.
Coinlim Crypto Exchange Review: Fees, Features, and Who It’s Really For
If you’re looking for a crypto exchange with low fees and don’t mind skipping bank transfers, Coinlim might catch your eye. Founded in 2018 and based in Singapore, it’s not one of the big names like Binance or Coinbase - but it’s been around long enough to have a solid user base. Over 220 people have left reviews, and most agree on one thing: the trading fees are hard to beat. But here’s the catch - you can’t deposit dollars, euros, or even PayPal funds. You need crypto already in your wallet to get started. That makes Coinlim a tool for experienced traders, not beginners.
Most exchanges charge 0.25% per trade. Coinlim charges 0.10% - flat, no matter if you’re buying or selling. That’s half the industry average. Even better, there are no extra withdrawal fees. You only pay the blockchain network fee, which is the same everywhere. For someone trading Bitcoin or Ethereum daily, that adds up. Over a year, saving 0.15% on every trade could mean hundreds of dollars, depending on volume.
What You Can’t Do on Coinlim
Let’s get real: Coinlim doesn’t let you buy crypto with a credit card, bank transfer, or Apple Pay. That’s a big deal. If you’re new to crypto and just bought your first Bitcoin on Coinbase, you can’t move directly to Coinlim. You have to first send your crypto from Coinbase to your wallet, then from your wallet to Coinlim. That’s two steps. It adds time - usually 3 to 5 days - and extra gas fees. For someone just starting out, that’s frustrating. For a pro who moves crypto between wallets anyway? It’s just part of the routine.
This limitation isn’t a glitch - it’s a design choice. Coinlim targets crypto-native users, mostly in Asia. That’s why the app only supports English and Simplified Chinese. If you speak Spanish, German, or Hindi, you’re out of luck. Competitors like Changelly support nine languages. Coinlim doesn’t even try. That tells you who they’re betting on: traders who already know how crypto works and don’t need hand-holding.
Trading Tools: Bots, Signals, and Demo Accounts
Coinlim isn’t just a place to buy and sell. It’s built like a pro trader’s toolkit. You get automated trading bots, real-time arbitrage alerts, and demo accounts to test strategies without risking real money. These aren’t gimmicks. They’re features you’d normally find on platforms like 3Commas or Pionex - tools that help traders automate repetitive tasks and spot price gaps across exchanges.
For example, if Bitcoin is trading at $60,000 on Coinlim and $60,150 on Binance, the arbitrage tool flags it. You can set up a bot to buy low on Coinlim and sell high on Binance - automatically. That’s how some traders make consistent profits without staring at charts all day. But here’s the problem: Coinlim doesn’t show you how these bots work. No tutorials. No guides. You’re expected to already know. If you’ve never used a trading bot before, you’re on your own.
User Ratings and Trust Issues
Coinlim has a 3.9 out of 5 rating across 222 reviews. That’s lower than Changelly’s 4.4, even though Changelly has fewer than 60 reviews. Why? Because people who leave reviews on Coinlim often mention slow support, unclear interface updates, or sudden changes in trading pairs. One user wrote: “Fees are great, but I waited 48 hours for a withdrawal confirmation.” Another: “The mobile app crashes when I try to place a limit order.”
There’s no public record of Coinlim being hacked, and they don’t claim to be regulated. That’s normal for many offshore exchanges. But they also don’t publish audit reports or proof of reserves. If you’re used to exchanges like Kraken or Bitstamp that show their wallet balances publicly, Coinlim feels opaque. It’s not shady - just quiet. That’s fine if you’re trading small amounts. Not fine if you’re holding large positions.
Mobile App and Platform Access
The Coinlim app works on both iOS and Android. It’s not flashy, but it’s functional. You can check balances, place trades, and view your portfolio history. The interface is clean but minimal. No candlestick charts. No advanced order types like OCO or trailing stops. If you’re a swing trader who needs detailed charts, you’ll want to use TradingView alongside it. The app is built for quick trades, not deep analysis.
There’s no web-based version with full features. Everything runs through the app. That’s a red flag for some. Most serious traders use desktop platforms for better screen real estate and faster execution. Coinlim doesn’t offer a web terminal. That’s a step backward compared to exchanges that have evolved into full trading ecosystems.
How Coinlim Compares to the Competition
Let’s put Coinlim next to the big players:
| Feature | Coinlim | Binance US | Kraken | Changelly |
|---|---|---|---|---|
| Trading Fee | 0.10% (maker/taker) | 0%-0.6% | 0%-0.16% | 0.5%-1.5% |
| Fiat On-Ramp | No | Yes (ACH, wire) | Yes (bank, card) | Yes (card, bank) |
| Withdrawal Fees | None (network only) | Network only | Network only | Varies by coin |
| Mobile App | Yes (iOS, Android) | Yes | Yes | Yes |
| Trading Bots | Yes | No | No | No |
| Languages | English, Chinese | English | English | 9 languages |
| Regulated in US? | No | Yes | Yes | No |
Here’s the truth: Coinlim wins on fees and bots. It loses on accessibility and support. If you’re in Asia, already hold crypto, and want to automate trades, it’s a strong option. If you’re in the US or Europe and want to buy your first Bitcoin with a debit card? Look elsewhere.
Who Should Use Coinlim?
Coinlim isn’t for everyone. It’s not even for most people. But it’s perfect for three types of traders:
- Experienced crypto traders who already own Bitcoin, Ethereum, or altcoins and want to trade them with minimal fees.
- Arbitrage hunters who move between exchanges to profit from price differences. Coinlim’s low fees make small gaps profitable.
- Asian users who are comfortable with Chinese or English interfaces and don’t need fiat support.
If you fall into any of those groups, Coinlim’s 0.10% fee and bot tools are worth exploring. If you’re not sure how to send crypto from one wallet to another? Start with Coinbase or Kraken first. Get comfortable. Then come back.
Final Verdict: Solid Tool, Narrow Audience
Coinlim isn’t trying to be the easiest exchange. It’s trying to be the cheapest and most powerful for active traders. And in that narrow slice of the market, it delivers. The fees are among the lowest in the industry. The bots are real. The app works. But it’s built for people who already know the game.
If you’re still figuring out how to store your keys or why gas fees vary, Coinlim will feel confusing - and maybe even hostile. But if you’ve been trading for a year, already use a hardware wallet, and want to squeeze every last bit of profit out of your trades? It’s a quiet gem.
Just remember: you’re not buying crypto here. You’re trading it. And that’s a big difference.
Can I deposit USD or EUR on Coinlim?
No, Coinlim does not support fiat deposits. You can only deposit cryptocurrency. If you want to buy crypto with a credit card or bank transfer, you’ll need to use another exchange like Coinbase or Kraken first, then send the crypto to your Coinlim wallet.
Are Coinlim’s trading fees really that low?
Yes. Coinlim charges a flat 0.10% fee for both makers and takers, which is half the industry average of 0.25%. There are no extra withdrawal fees - you only pay the blockchain network fee. For active traders, this can save hundreds per year.
Does Coinlim have a mobile app?
Yes, Coinlim has official apps for both iOS and Android. The app lets you trade, check balances, and view your portfolio. However, it lacks advanced charting tools and a desktop version, so serious traders often pair it with external platforms like TradingView.
Is Coinlim safe to use?
There’s no public record of Coinlim being hacked, and it doesn’t claim to be regulated. It doesn’t publish proof of reserves or third-party audits. While it’s not known to be fraudulent, it’s also not as transparent as regulated exchanges like Kraken or Coinbase. Use it for smaller trades if you’re unsure.
Why is Coinlim not on lists of top exchanges?
Coinlim is absent from major “best exchange” lists because it doesn’t support fiat on-ramps, lacks regulatory compliance in Western markets, and has limited language support. It’s seen as a niche tool for crypto-native traders, not a beginner-friendly platform. Its strengths lie in fees and automation, not accessibility.
Can I use Coinlim’s trading bots as a beginner?
Not easily. Coinlim offers automated bots and arbitrage tools, but there are no tutorials or guides on how to set them up. These features are designed for users who already understand trading strategies. Beginners should learn the basics on platforms with educational resources before trying bots.
What cryptocurrencies does Coinlim support?
Coinlim supports major cryptocurrencies like Bitcoin, Ethereum, Litecoin, Ripple, and a few others. The exact list changes, but it doesn’t support newer or low-cap tokens. Always check the platform’s trading pairs page before depositing.
For traders who know what they’re doing, Coinlim is a quiet advantage. For everyone else? It’s a detour.
Coinlim's fee structure is insane for active traders. I’ve been using it for six months now and saved over $400 just on trading fees alone. No withdrawal fees? Pure gold. But yeah, you gotta already have crypto. No hand-holding here.
If you need a fiat on-ramp, you’re not ready for this exchange. Stop complaining and learn how to move crypto between wallets. This isn’t Robinhood.
It’s funny how people act like not having a web version is a dealbreaker. The app works fine. If you need candlestick charts, use TradingView. Everyone else just wants to tap and go.
Low fees good. No support bad. No audits worse. Don’t hold life savings here. That’s it.
I am from India. Coinlim works for me. I trade BTC and ETH. Fees low. App simple. No need for English to be perfect. Just work.
Y’all act like Coinlim’s a villain because it doesn’t hold your hand… but honestly? It’s the only exchange that respects my time. No fluff. No ads. Just clean trades. I’ve switched from Binance just for the 0.10% fee - and I’ve never looked back. The bots? Game-changer. Took me a week to figure them out, but now I sleep while they work. No tutorials? Fine. I watched YouTube videos. That’s how we learn.
There’s a quiet dignity in tools that assume you’re competent. Coinlim doesn’t shout. It doesn’t offer 17 different ways to buy Bitcoin with your Starbucks card. It just lets you trade. And for those of us who’ve burned out on exchanges treating us like children? That’s revolutionary. You don’t need a tutorial to understand price gaps. You need experience. And if you don’t have that yet? That’s okay. But don’t blame the platform for your learning curve.
Let’s be clear: Coinlim is not a platform for the masses. It’s a scalper’s paradise. And if you’re not actively arbitraging, you’re wasting your time. The interface is barebones because it’s not meant to be a dashboard - it’s a weapon. If you’re still asking if it’s ‘safe,’ you’re not ready. Period.
low fees = yes 🤑 bot feature = yes 🤖 no fiat = 😒 but honestly? i just send my btc from coinbase and boom - 0.10% fee. i’m not mad. also the app crashed once but i reinstalled and it’s fine. 🤷♂️
For anyone who says, ‘I need customer support’ - ask yourself: why are you trading if you can’t navigate a wallet transfer? Coinlim doesn’t fail you. You fail yourself by expecting hand-holding. The bots work. The fees are real. The app isn’t pretty, but it’s reliable. I’ve used it for two years. No hacks. No drama. Just clean trades.
Look, I don’t care if it’s ‘regulated’ or ‘audited’ - I care that I can run a grid bot on ETH/BTC and make 0.8% daily without babysitting it. Coinlim’s not for tourists. It’s for people who treat crypto like a business. And if you don’t? Fine. Stay on Coinbase. But stop acting like Coinlim is the problem. The problem is you’re still using fiat to feel safe.
I used to think Coinlim was too niche… until I started doing arbitrage. I’d see $150 gaps between Binance and Coinlim, set a bot, and walk away. That’s real money. The lack of languages? Fine. I’m not here to teach. I’m here to trade. And honestly? The silence from the team means they’re not distracted by customer service tickets. They’re building.
Just tried Coinlim last week and wow - I didn’t think I’d like it, but the 0.10% fee is a game changer! I’ve been using it for small daily trades and it’s so smooth. The app is a little basic, but I use TradingView anyway. And no withdrawal fees? Yes please!! 😊
Someone said they waited 48 hours for a withdrawal. That’s not normal. I’ve done 30+ withdrawals on Coinlim. All under 2 hours. Maybe they had a network issue? Or sent to the wrong address? Coinlim’s not the problem - user error is.
There is a philosophical truth embedded in Coinlim’s design: true autonomy in financial systems requires competence. The exchange does not pander. It does not infantilize. It does not offer fiat on-ramps because it recognizes that the act of acquiring cryptocurrency through centralized gateways is antithetical to the ethos of decentralized finance. To enter Coinlim is to enter a space where the user is not a customer, but a participant - one who has already accepted the responsibility of self-custody, of network fees, of liquidity movement. This is not a platform for the uninitiated. It is a temple for the disciplined.
Why would any American use this? No fiat, no regulation, no US compliance. This is some offshore junk. If you’re not in Asia, you’re being scammed. Stick to Kraken or Coinbase. This is just a crypto loophole for people who don’t know better.
Every time I see someone say ‘it’s not for beginners’ I feel this deep sadness… like we’re all just trying to survive in a world that rewards those who already know the rules. But isn’t that the whole point of crypto? To level the playing field? Coinlim feels like a club where you need an invitation just to breathe. And I’m tired of being told to ‘get better’ before I’m allowed to try. I don’t want to be a pro. I just want to learn. And if the platform won’t teach me, then what’s the point?