CoinTiger is one of the world’s biggest cryptocurrency exchanges, with customers from around the globe. The exchange offers customers the means to buy and sell tokens, earn asserting crypto income, trade crypto futures, and invest in recently listed coins. 

History of CoinTiger 

CoinTiger is a centralized cryptocurrency exchange providing a broad kind of spot cryptocurrencies and cryptos like KIN/ USDT, XRP/ USDT, and STC/ USDT. The exchange’s proprietor is Frank Ling and it’s run by members of inventors from Singapore, South Korea, and China. CoinTiger was launched in December 2017 and grew fast, boasting a customer count of over 2 million spread across 100 countries by the middle of 2019. CoinTiger is what’s called an ‘ entry-level ’ exchange as it allows customers to buy crypto using fiduciary currencies, though the cryptos that can be bought in this manner are limited. To gain any of the other cryptos available on CoinTiger, customers must first buy either USDT or BitCNY coins. The exchange also has its native coin, TigerCash( TCH), which is a decentralized blockchain asset operating on the Ethereum platform. Since its commencement, its price has substantially changed between 0.03 USD and 0.005 USD with a short sharp peak of 0.072 USD in May 2021. Its current price and market cap can be set up on cryptocurrency market websites similar to CoinMarketCap and CoinGecko. 

How To Trade 

Exchange Platform 

CoinTiger customers can trade cryptocurrencies on the web-related exchange platform. The platform has three interfaces, introductory, advanced, and convert. Both the introductory and advanced interfaces operate in the same way, only discerned by the donation and view. Both also allow the use of market and limit( specific price) orders and graphs, charting tools, analysis features, diurnal volume, order books, and order history. The introductory interface also provides a conversation function to talk with other customers and an API to customize the platform. The convert interface is a simple exchange screen for swapping between USDT and USD( Satoshi USDT). sUSDT is a stablecoin that’s used for micropayments( 1 USDT is 1 thousand USD). 

Futures Trading 

CoinTiger also has a futures trading tab, where customers can buy futures contracts on the values of different cryptocurrencies. Just like CFD trading, futures contracts can be bought long or rather short, with the profit equal to the difference in the asset’s value at the position near the position opening. 

Individual Services 

The CoinTiger Pools service is for token staking, whereby coins are used as collateral in a blockchain and earn freights from the handling of the network. To take part, you must make an account and ensure it’s an investment account rather than a trading account. There are numerous pools to choose from and each has a different periodic yield, minimal original investment quantum, and staking tokens. The Rocket service is previous exchange immolation( CEOs) service where new coins are launched and can be bought. Once samples include LeeeMall, Dengba Planet, and Silk Chain. 

Institutional Services 

The CoinTiger Cloud service helps likely customers to set up other exchanges smoothly and cheaply. The process involves the customer opting for the functions and the services they need and also submitting documents like exchange picking details and any other requested items. There’s also acceptance testing and training, after which the exchange is launched. 

Customers can submit table operations for their coins via CoinTiger’s ‘ Apply To List ’ service. Then, you must fill out an operation form with information, for example, the ERC20 address, and the pair you wish to launch with). Subsequently, you have to stay for an inspection, a design review, and a roadshow presentation event. However, it’s put to community voting where the public can choose the tokens to be launched, where 1 vote equates to 1 TCH. In the case Of the coin being accepted. Former coin rosters include Gorilla Diamond, Riskmoon, Hanzo Inu, and Kishu. 

Payment Styles 

You need to register an account for you to start trading. This is an entry-position exchange, so you can buy your first crypto here. However, you can also use bank transfer, WeChat Pay, or AliPay If you’re using CNY. All other fiduciary currencies can only use bank transfers. 

Mobile App 

The mobile trading platform supports all the same functionality as the web customer, with charting tools and a full range of cryptos. The CoinTiger app is available to download on both iOS and Android equipment and can be set up by searching ‘ CoinTiger ’ on either the App Store or Google Play, independently. For Windows desktops and Mac, you can get the app via a third-party app store as an APK train. 

Advantages of CoinTiger 

• Competitive freight. 
• Wide range of cryptos. 
• Comprehensive mobile app. 
• Leveraged futures contracts. 
• Crypto staking chances. 

 Disadvantages of CoinTiger 

• Limited charting analysis tools for short-term trading. 
• Not regulated by a fiscal watchdog. 
• Limited tutorial and support section. 

Take away

The cryptocurrency exchange is popular with a competitive pricing methodology and helps for futures trading on top of the traditional spot crypto trading and token staking services offered by competitors. The 2FA and ID verification enforced help to ameliorate account security, though the platform itself isn’t regulated.