CoinList Pro is a centralized cryptocurrency exchange (CEX). It’s part of the broader CoinList ecosystem, which also provides token sales, storage, and staking services. Launched in 2020, the CoinList Pro crypto exchange offers spot market trading.
CoinList Pro is KYC-compliant and requires all users to provide ID verification. The service is not supported in Iran, North Korea, Syria, and Cuba. Residents of several US states, including Alaska, Hawaii, and New York, cannot access the CoinList Pro cryptocurrency exchange services.
Markets
The CoinList Pro spot exchange is one of the main financial services offered within the CoinList ecosystem. Margin trading and derivatives markets are unavailable. The platform is aimed toward institutional traders that participate in token sales on CoinList.
The exchange supports both crypto-crypto and crypto-fiat trading. USD is the supported fiat currency. Overall, there are over 90 CoinList Pro trading pairs available, consisting of more than 40 digital assets. The exchange is known for listing tokens at early adoption stages, often before they appear on more prominent exchanges.
Customers can use one-click trading to submit orders on the market. There are several different market types, including stop, limit, and post-only orders. Live CoinList Pro volume data for the pairs can be viewed using multiple chart styles and indicators.
The CoinList Pro exchange fees are separated from the broader CoinList.co transaction fees. While the main platform charged a fixed rate of 0.5%, the Pro exchange follows a multi-tier, maker-taker model.
Overall, there are twelve fee tiers. Your rate is determined by the trailing 30-day CoinList Pro trade volume. The lowest tier requires a volume of up to $20,000, and the maker-taker fees are 0.25% and 0.45%, respectively. If the volume exceeds $50 million, maker fees drop to zero.
Minimum order size requirements are based on selected trading pairs. All CoinList Pro crypto fees are charged in the quote currency. For example, if the trading pair is BTC/USD, the fees will be paid in USD.
There are no deposit fees on the platform. The withdrawal fee rate is fixed and requires a minimum CoinList Pro price to follow through. The required values are subject to change based on market conditions. Outgoing US wire transactions are charged $10, while the outgoing foreign wire rate is $30.
Other Services
While the CoinList Pro crypto exchange only offers spot trading, the broader CoinList ecosystem provides other financial services for blockchain users. The best-known service provided by CoinList is token issuance via initial coin offerings (ICOs). CoiList hosts token sales for new assets prior to and around their launch date.
The CoinList OTC Desk is an over-the-counter trading service for institutions. Traders can receive personalized deals and rates for large-scale transactions. The minimum required order size is $1 million, and a flat fee rate of 0.5% per trade is charged.
Some of the assets listed on the CoinList Pro crypto exchange can also be staked, creating a closed ecosystem for token growth and maintenance. Stakeable assets include NuCyper, Flow, and Celo.
CoinList Seed is a demo platform for blockchain project teams. It provides social networking tools that connect entrepreneurs to up-and-coming crypto projects and help the teams gain exposure and financial support.
CoinList Karma is a reward program for CoinList Pro crypto exchange users. Customers that actively contribute to the exchange and the broader CoinList ecosystem by trading and supporting blockchain projects earn a Karma score which can be converted to special rewards.
Developers can access CoinList API tools. By creating an API key, they gain access to information like up-to-date CoinList Pro price listings, auctions, and balance.
About the Company
CoinList was launched as a cryptocurrency funding platform by a team of co-founders headed by Graham Jenkin in October 2017. The CoinList Pro crypto exchange for spot trading was released as one of the company’s trading products in July 2020. The company headquarters are in San Francisco, CA.
In 2019, CoinList received support from investor and former Twitter CEO Jack Dorsey, who provided backing for the company during a $10 million investment round. Prior to the launch of the CoinList Pro cryptocurrency exchange, the platform processed almost $1 billion worth of transactions via token issuance.
In 2021, the CoinList.co and CoinList Pro trade volume surpassed $1 billion. In October, the company reached tech unicorn status as it was valued at $1.5 billion following a series of investments. At the time, the company exceeded 4.5 million users.
Graham Jenkin is the CEO of CoinList. He was formerly the COO at AngelList. Jenkin, along with five other founders, created CoinList as a subsidiary of AngelList. The founding team also includes Paul Menchov, Brian Tubergen, Kendrick Nguyen, Andy Bromberg, and Joshua Slayton.
