Coinmerce review

Coinmerce B.V. was founded in 2017 in Amstelveen by crypto lovers and enthusiasts. Together, the brothers had one goal: “to make buying and selling crypto as accessible as possible to everyone. Easy, fast and reliable”. These are the principles with which Coinmerce wants to make it possible for everyone to trade crypto. Coinmerce believes that it should be simple and accessible for everyone to invest in this fast-growing market and technology. launched in 2018 and uses a multi-based platform with a web, iOS and Android app and a clear one page website. This makes them unique as broker, as Coinmerce is the only one who makes it possible to access your portfolio and trade through these applications. Through the apps it is also possible to invite friends and to chat with them on how your recent investments are going. Besides the well-known crypto like Bitcoin and Ethereum, they also offer BAT and 0x from their 100 part range of crypto.

“Make crypto accessible to everyone.”

That’s what Coinmerce strives for and is committed 24 hours a day, 7 days a week! And accessible to everyone is what they are working on. Germany, Sweden and Spain are some countries where Coinmerce is sharing promotional articles with crypto news websites. For example with from Spain.

Verification and limits

For Level 1, a bank and email verification are requested. This will give you a weekly trading limit of € 500,-. At Level 2, they ask for a copy of a valid identity document such as a personal identity card, passport or driving licence. Then it is possible to trade € 20.000,- per day with a maximum of € 60.000,- per week. There is also a level 3 if you want go unlimited. Therefor a source of funds, proof of residence is needed and a Skype call to get to known each other better.
Payments can be done through a variaty of methods. iDEAL, EPS, Giropay, SOFORT, Bancontact, to name a few.

Did you know that Coinmerce is the ‘all-round’ cheapest broker on CoinCompare since November 2018?

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Wallet support

Through the apps it is possible to store the purchased crypto and managing it in your online wallet. Besides those, it is also possible to withdrawal the purchased crypto to an external wallet.


Coinmerce handles a variable percentage for service costs. The price depends on a number of criteria:

  1. Size/amount of transaction;
  2. The requested volume;
  3. The transaction costs of the crypto.

On average the service costs are between 0,45 % and 1,5 %.

Language support

English, Dutch, German, French, Italian and Spanish

By Jeroen   Modified 23/03/2020

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