CoinLion Review – Trading Tool Worth Your While?

With the CoinLion AI trading tool, users can benefit from secured transactions with advanced features like live-selfie verification. Easily trade cryptocurrency with CoinLion, even if users are new to the space. 

We are here today to disclose all the options they are offering, their price range, evaluate their reviews, and their overall presence in the market. Keep on reading to find out yourself if the CoinLion bot meets your requirements.

About

CoinLion was formed in 2017, with a base in the midwestern USA, in Sioux Falls, South Dakota. It’s a platform designed for those interested in investing in crypto but who feel overwhelmed or unsure about where to start. It simplifies the process by allowing users to easily create an account and verify their identity. 

Users can then browse the marketplace to find trading professionals to follow. By following these professional’s strategies, users can automatically make crypto trades, minimizing the risks associated with trading. 

Unlike traditional markets, CoinLion trading operates 24/7, allowing for continuous trading opportunities. This tool aims to remove the complexities of crypto trading, making it accessible and less risky for everyone.

User Feedback

Our research team conducted negative CoinLion reviews, indicating some users are dissatisfied with the platform. On a popular platform Trustpilot, the platform received 3 reviews with an average score of 2.8. 

One user reported poor customer support, stating that web chat, email, and the “Help” section didn’t contain any help regarding the issue. Another user criticized the platform’s performance, claiming to have lost money over the years despite significant market fluctuations. 

Then some users expressed frustration over account blocking without explanation and lengthy hold times on deposits. Overall, these negative reviews highlight the importance of user feedback in evaluating the reliability and satisfaction of a trading platform, which can significantly influence potential user’s decision-making processes.

CoinLion seems to offer great options and is dedicated to its platform transparency, it should work on the customer satisfaction section since its user feedback can only benefit from that. Hence, their business doing much better in the long run.

Pricing Plan

Coin Lion (LION) is a cryptocurrency operating on the Ethereum platform. With a current supply of 159,698,831.164815 tokens, 32,226,096 are currently in circulation. The latest CoinLion price is USD 0,128.

The price is updated in real-time, and Coin Lion has seen a 1.44% increase in the last 24 hours. Always check their site since it’s prone to change. For individuals on the lookout for another trading tool that can enhance trading methods, check out our Trader Edge Review. 

CoinLion Token

The CoinLion Token (LION), serves as an asset on the CoinLion platform, offering various benefits to users. Utilizing LION in your trading strategies through the CoinLion Token Balancer earns users balance credit, which effectively reduces trading fees. 

Notably, trading with LION pairs incurs zero trading fees on the CoinLion form. LION is an ERC20 token powered by the Ethereum Blockchain, specifically designed for use within the CoinLion ecosystem. 

It provides a unique advantage by allowing users to trade without fees and earn balance credit, enhancing their overall trading experience. While the use of native tokens to reduce trading fees is not uncommon in AI trading tools, the specific benefits and implementation can vary across platforms.

Withdrawal and Deposit

CoinLion withdrawal is flexible and limited based on the user’s deposit activity. The daily withdrawal limit is determined by the largest of three factors: USD 10,000 equivalent, the largest one-time deposit user made, or half of the largest total deposit made in a single month. 

For example, if a client deposited $20,000 at once, their withdrawal limit would be $20,000. However, if they made an ACH deposit, they cannot withdraw it as crypto for 30 days to protect both the client and the platform.

CoinLion deposit hold no fees into your CoinLion account, but withdrawal fees vary based on transaction costs on the respective network and the price of the respective coin or token. Depositing USD into the account can be done via ACH bank transfer. 

Insurance

CoinLion ensures the security of cryptocurrency by storing it in a combination of online and offline wallets. They follow a 100% reserve policy, with 95%-99% of cryptocurrency funds kept in offline cold storage and 1%-5% stored in accessible locations to maintain liquidity. 

CoinLion also plans to obtain criminal insurance to protect against theft from hacks or by CoinLion personnel. On that note, be aware of scam broker companies, such as GMT Markets Review. 

Creating an Account

CoinLion bot offers auto-trading, and to open an account users have a few steps to follow.

• Visit the CoinLion website and navigate to the account creation page
• Enter your email address in the designated field
• Confirm your eligibility as a U.S. citizen – click the Yes/No option
• Review and accept CoinLion’s privacy policy
• Submit the form to create your account

Once the account is created, CoinLion login is available and users can start exploring the platform and its features. Consider following other traders’ strategies to automate your trading and watch the platform trade crypto for you. 

Two-Factor-Authentification

Setting up 2FA on the CoinLion Trading Platform adds an extra layer of security to the client’s account. There are a few steps to setting up this option:

• Go to CoinLion login using your regular credentials
• Download an authenticator CoinLion app such as Google Authenticator from the smartphone’s app store
• Open the authenticator app and scan the QR code displayed on the screen
• Save the recovery code in a secure location and check the box indicating that you have safely recorded it – then click “Continue”

That’s all to set up 2FA. The next time users log in, they need to use the code generated by their authenticator app for added security. 

Conclusion on CoinLion

In conclusion, CoinLion offers a promising platform for those looking to invest in cryptocurrency, especially for beginners seeking simplicity and security. The platform’s AI trading tool provides automated trading strategies, 24/7 trading opportunities, and downside protection, making it accessible and less risky for users. 

Despite some negative user feedback regarding customer support and performance, CoinLion’s transparency and dedication to user satisfaction suggest a potential for improvement and growth. 

However, potential users should conduct thorough research and consider user feedback before committing to the platform, as it is crucial in evaluating the reliability and satisfaction of any trading platform. If you experience any problems, be sure to contact us.

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