Coinhouse Review

Coinhouse Review

Coinhouse was founded in 2014 and tries to become on of the top house of coins for Europeans. Based in France, Coinhouse offers to purchase Bitcoin or Ethereum. Payments of Credit/Debit cards and Neosurf prepaid cards are accepted. More details are provide in this Coinhouse review below.

Supported Cryptocurrencies
  • Bitcoin (BTC)
  • Ethereum (ETH)
Offered Services
  • Buy Bitcoin or Ethereum
  • Sell Bitcoin or Ethereum
Payment Methods Accepted
  • Credit/Debit cards
  • Neosurf prepaid cards
  • Bank transfer
Fees
  • Via bank card
    Up to 5,000€ : 10%
    5,000€ à 20,000€ : 9%
    More than 20,000€ : 8%
  • Via bank transfer
    Up to 500€ : 10%
    500€ to 1,500€ : 9%
    1,500€ to 3,000€ : 8%
    3,000€ to 5,000€ : 7%
    5,000€ to 10,000€ : 6.5%
    More than 10,000€ : 6%
Verification Process
  • Verification must be completed before buying cryptocurrency
  • Personal details, ID or Passport, utility bill and selfie with document are required
  • Validation usually takes few hours (on a working day) 
Supported Countries

All countries in Europe

Speed
  • Delivery of bitcoins is immediate upon validation of your payment
  • Bank transfer can take 1-3 bank days
Limits
  • Up to €5,000 per day and up to €10,000 per month
  • Limits can vary depending on your provided documentation
Privacy
  • You must provide all personal details such as name, address, email, ID or Passport (regarding to KYC and AML regulations)
Security
  • Coinhouse is product of Ledger (Security solutions for cryptocurrencies and blockchains)
  • Easy connection with Ledger Nano S
  • Accepted Credit Cards with 3D (3DS) security
Pros
  • Price is set by Kraken
  • Very high level of security
  • Fast verification process
Cons
  • Fees are pretty high
  • Poor privacy
  • Cannot buy even a small amount of cryptocurrency without verification
Conclusion

Coinhouse is one of the most secure exchanges online. It is no surprise, because it is a product of a Ledger - the creators of a Ledger Nano S hardware wallet. Besides that, it is easy to use and lets users to feel best user experience. Despite the fact that Coinhouse offers no privacy and hasn't friendly fees we rate it with the high point because of good level of security.

Rating
9/10