myntkaup review

Trading costs a taker fee of 1.99% when you buy or sell, and a maker fee of 1.99% when you add liquidity to the order book. Withdrawals are charged per asset rather than at a single flat rate, so each coin carries its own network fee. Those figures sit above what many rivals charge, which matters most if you trade often.

Myntkaup is authorised by the Central Bank of Iceland, and its registration appears as MiCA CASP 636700BAJ82J2GWSP231. Regulated status matters for a custodial exchange because the platform holds your coins, so a named supervisor gives you somewhere to take a complaint. Checking the register before funding an account is a sensible first step.

Funding runs through bank and card. A bank transfer suits larger sums and a card suits smaller, quicker top ups, so the choice depends on how much you are putting in and how fast you want the balance to clear. Both work through the same mobile account.

Custody is custodial, so the platform holds the assets on your behalf (custodial), and the account is a centralised exchange (cex) rather than a decentralised one. The upside is simple recovery and a phone app. The trade off is that you rely on the operator to keep the coins safe.

The wallet is mobile (mobile), so buying, selling and checking balances happen in a phone app rather than a desktop platform. That suits people who want crypto to behave like an everyday spending and saving app. Trading on a large screen for long hours is less comfortable.

The listing covers 13 coins, a focused set built around the majors. For comparison, the typical listing across this site is 71.5, so traders who want small caps, newer tokens or a long tail of pairs will find the range short.

Support runs on email and help centre, so questions go by email or through the help centre. Written answers suit account and fee queries well. Anything urgent about a stuck withdrawal or a locked login moves more slowly without a phone line or live chat.

Across the exchanges on this site, a typical retail loss is 70.15%, and the worst cases reach 88%. A small coin list and a high fee do not change that arithmetic, so treat any exchange as a tool rather than a earner.