There is only two type of accounts a user can have, either you will have a USD-based account or a CNY-based account. Stressing upon the stats Allcoin has been listed as one of the top 40 crypto exchanges in the world.
Developers can make use of Allcoin API which is available on the website for the purpose of gathering certain market data. Allcoin is owed by Cascadia Fintech Corp which is further based in Vancouver, Canada. The exchange was found in the fiscal year 2013, however, the first beta version of Allcoin went live in 2016.
Crypto enthusiasts must understand that Cascadia Fintech has been registered as a financial service in Canada and is also regulated by FINTRAC. Talking about the jurisdiction of Allcoin around the world, Allcoin is hugely supported by major countries around the world, however, there are few countries in Africa such as Bolivia who have banned the crypto trade in all means.
Trading cryptocurrency at Allcoin.com
Now, let’s move forward to the crypto tokens available at Allcoin. The site currently offers over 96 dedicated trading pairs of cryptos for its users. Some of the most common trading pairs are BTC/USD, GAME/BTC etc. Also, the BTC/USD trading pair holds a significant share in the trading volume of Allcoin, which is over 80%. You can trade all the cryptocurrencies available on Allcoin for USD or CNY.
The site has kept the daily maximum withdrawal and deposit limits at 10 Bitcoins. One should note that if you’re an Allcoin user, you’re entitled to a maximum transaction amount of 200 USD. Now, people who are interested in trading on Allcoin are required to fund their accounts through payment methods. Some of the payment methods which are pretty popular are bank transfers, credit and debit cards. Stressing upon the supported crypto on Allcoin, you can get your hands on Bitcoin Gold (BTG), Ethereum (ETH), Bitcoin (BTC), Bitcoin Cash (BCH), NEO, Debitcoin (DBC), GRAM, Zcash, Qbao (QBT) and much more.
The fee structure set by Allcoin is pretty user-friendly, the platform showcase lowers fees when we talk about the rest of the crypto exchanges.
First of all, Allcoin doesn’t charge any fees when it comes to making an account as well as further maintenance. You’re also not required to pay anything for currency deposits on the portal. However, the website applies a fee of 15 USD whenever you’re making a withdrawal in USD. Also, you’re liable to pay 0.15% of your every rade to Allcoin. Strolling over to the website, Allcoin is accessible in major languages like Spanish, Russian, English, Chinese, Japanese and more.