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Coinmerce Best Crypto Deal Provider 2020

CoinCompare declares Coinmerce as Best Crypto Deal Provider of 2020 ! In October 2018 CoinCompare added Coinmerce and its range of crypto to the price comparison platform. Coinmerce had a portfolio of about 90 crypto’s at that time. Due to the rapid market developments, including DeFi, Coinmerce made sure they stayed up to date and expanded their crypto portfolio significantly. Due to these market developments 146 different crypto’s are being offered at this time of writing. An increase of 62%. In addition, to make the platform more accessible and secure for you as a user, Coinmerce has also implemented a major design and functionality update.

“Our focus is on you, the real person using Coinmerce. We welcome all experience levels and focus on safety and turning beginners into pros.“

In the past year, a lot of uncertainty arose when crypto providers were told that they would be supervised. The Dutch Central Bank (DNB) has set up requirements that all providers must meet. As a result, in 2020 a great deal of hard work was put into getting this registration completed on time. On November 5th 2020, Coinmerce was informed that it was one of the first providers to be included in the DNB register.

This is a very important step for the future of Coinmerce, as we can now remain doing what we are doing in the Netherlands. This would not be possible without a registration. It’s a confirmation for our customers that they buy, sell and store their cryptocurrency on a platform which fulfills its regulatory requirements when it comes to prevention of money laundering and financing of terrorism.

The two owners and their teams don’t stand still and shall work even harder in the coming years to make new functionalities available, to serve you as user and the community optimally.

What is Coinmerce?

Coinmerce is a European cryptocurrency trading platform, focused on simplicity, set up in 2017 by two brothers from Amstelveen. In 2018 the multi-based trading platform went live via web, iOS and Android. Their mission; cryptocurrency for everyone, everywhere. The motivation for Coinmerce was that the two brothers didn’t find an easy and cheap way to buy Ethereum for them and their relatives. Going live on three platforms made Coinmerce unique as a broker at the time, because Coinmerce was one of the first to provide accessibility to your wallet and trade via web, iOS and Android. Users can easily buy crypto from as little as € 10.- via euro (€) pairs, using the most convenient payment methods including iDEAL and exchanging crypto vs. crypto (swap). Besides offering trading opportunities, they also offer a ‘Learn’ base on the website to inform and educate their users.

Like to know more about Coinmerce? Read here our extensive review.

What is CoinCompare?

CoinCompare offers the best free real-time price comparison website for cryptocurrencies and tokens with currently more than 180 crypto’s, including Bitcoin, Ethereum, Litecoin, TRON, Compound and many others. We monitor and compare the buy and sell prices of currently 13 different providers, including Coinmerce, that support iDEAL or the Dutch language. Our unique price comparison page shows you at which provider you can get the best crypto deal. We also offer an overview on CoinWall of all crypto’s offered by our providers with always the best deals.

How is the Best Deal provider determined?

The best crypto deal provider of the month is determined independently with the average of cumulating snapshots of buy and sell prices of all the best deals that are shown on our comparison page. Logically, the larger the variety of crypto offered, the most chance of becoming the winner. Yet, in the end it is still the price of the crypto that matters as it has to be comparable and shown as best deal. Discounts in Tiers and VIP levels are not included in the calculation. As deals change several times a day, due to the volatility of prices, the provider with the best deal can therefore change as well. Due to that fluctuation we take two snapshots per day to determine the best deal provider, with the most hits on our price comparison page, for that day

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