RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

Coinfalcon

Coinfalcon Exchange Review

Centralized

“Our mission at CoinFalcon is to put the future of money, in the pockets of the world.

For too long, our shallow pockets have been a reminder of the illusion of control centralized institutions have sewed upon us. Day by day, we tear a stitch, seeing the glimmer, a faint sliver of what our money, our very lives, could look like truly unencumbered by an aged system.

With cryptocurrency, we have broken every stitch and found the true depth our pockets have yearned to provide for our financial future. Fighting by your side, CoinFalcon will help guide you along this path, by putting the future of money, in your pockets.

Cryptocurrency is freedom, let us liberate.”

(https://coinfalcon.com/)

  • 24h Trading Volume

    17.105 BTC
  • Establish date

    2017
  • Headquater

    United Kingdom

Coinfalcon Exchange Review

  • Coinfalcon Withdraw

    Full list of withdrawal fees here

  • Coinfalcon Fees Discount

    The fee discount calculation is done after every trade a user makes. The fee will apply instantly to the next trade a user makes.

  • Coinfalcon Deposit fees

    No deposit fees, except for SEPA (1€) and SWIFT (1.8€)
  • Coinfalcon Trading fees

    Full list of trading fees here

  • Fiat Deposit

    EUR
  • Accepted Payment Method

    Crypto to Crypto, Crypto to FIAT
  • Native Token

    No
  • Margin Trading

    No

Coinfalcon Exchange Score Analysis

Coinfalcon is a UK-based exchange, offering users a modern, refined trading experience with low fees, and is not that known in the field for the ease of use that it displays.
The exchange is run by CEO Jordan Steeves, apparently solo, and has started operations in August 2017. We could not find any other public team members.

The volume on Coinfalcon is not substantial, although it is acceptable – provided they allow for their users to trade against EUR using bank transfer – and they have publicly spoken out against exchanges who fake their volume numbers. This approach, although less profitable for the exchange in the short term, is perceived by us as a wise move which, sadly, most exchanges do not share.
Although there was never a significant risk-related event involving Coinfalcon, in July 2018 they listed Dascoin, a known MLM scam that was under seizure and legal action by Polish authorities. As time went by, Coinfalcon did nothing to address this issue and Dascoin has remained tradable on the platform even after it was recently rebranded as Greenpower, ad continues its wrongdoings to this very day. While Coinfalcon sometimes delists certain credible currencies, it leaves on its platform shameful scams such as Greenpower, which severely reduces the exchange’s quality in our eyes.


To conclude, while it is not well-known in the larger crypto market, and they do provide a sleek UI and seamless fiat-onboarding experience, Coinfalcon is very weak in providing its users a safe range of assets to trade. Their decision to keep Dascoin on their platform, even after it was exposed as a scam, and even contributing to its rebranding by continuing to allow it to trade, makes us very wary of both its coin listing process and the exchange itself.