Coinhouse Review: Crypto Overview
Looking beyond traditional marketplaces, this France-based broker focuses on retail access to digital assets. For clarity in what comes next, our detailed write-up treats the service as an “exchange” purely to align with other cryptocurrency exchange reviews, even though the company is technically a broker/dealer.
What Is Coinhouse?
From a functional standpoint, the operation is headquartered in France and provides brokerage-style buying and selling of crypto such as Bitcoin and Ethereum. Rather than matching peers on an order book, orders are handled by the company itself, which quotes a price and executes for you. For readers used to centralized venues, think of this as a convenient euro on-ramp to blockchain-based assets, with the brand Coinhouse acting as the intermediary.
Open an Account: KYC and Verification
Before any purchase takes place, identity checks under KYC/AML rules are required. You upload a government ID and submit a selfie where the document is visible for verification. After the first review, daily limits typically fall between €200 and €5,000, with the exact ceiling depending on document type and quality. As the first domestic platform entered in the register of the Autorité des marchés financiers (AMF)—the French regulator des marchés financiers—client protection gains an extra layer of oversight, and customer service available in French can be reached by email, phone, or an online form.
EUR-L Stablecoin in Crypto
Back on 17 March 2021, the company introduced EUR-L on its platform. The token is a euro-referenced stablecoin designed to track €1 per unit, aiming to keep parity at 1 EUR-L for every 1 euro.
Advantages for Best Crypto Beginners at Coinhouse
Two headline benefits stand out: near-instant settlement on purchases/sales and protected storage for users’ crypto-assets. For newcomers to digital assets on the blockchain, these conveniences can be decisive.
US Investors and Access
Residents of the United States are not admitted to trade on this platform. If you are based in the U.S., consider another global provider—Binance or a similar regulated venue—before you engage with crypto markets.
Crypto Trading Interface at Coinhouse
User interfaces vary widely, and there is no single layout that fits everyone. Most advanced terminals display market depth, a price graph, a recent trades log, plus buy/sell modules. In this case, the layout skips a full pro terminal and focuses on simple order forms; that makes the flow easy for first-timers while leaving power users wishing for more tools. The following image shows the purchase screen you can expect to see:
Coinhouse Fees
When an order is executed, buyers are charged 4.90% and sellers 3.90%. Those coinhouse fees are noticeably higher than the roughly one-quarter of a percent often quoted by centralized platforms, yet the comparison is imperfect because this company acts as a broker/dealer rather than a classic matching engine.
Because of how the service operates, a distinct withdrawal charge from the platform itself is not really applicable in the usual sense.
Ways to Deposit for Crypto Purchases
Funding your balance can be done by bank transfer or via payment cards, which helps first-time euro buyers enter cryptocurrency smoothly. This flexibility is useful for people taking their initial steps into crypto.
Pricing for top-ups merits attention: fees for sending fiat by transfer versus card can differ a lot, and some providers apply card surcharges that climb into double digits—around 11% in certain cases—especially when purchasing du bitcoin or Ethereum.
Reviews (3)
Coinhouse’s 4.9% buy fee is outrageous! I thought I was getting into crypto to make money, not to have it drained by fees. Feeling totally ripped off.
Coinhouse’s exorbitant fees—4.9% for purchases and 3.9% for sales—are a blatant exploitation of uninformed investors. Their so-called ‘protected storage’ is just a ploy to keep control over your assets, stripping you of true ownership. The lack of a professional trading interface further exposes their disregard for serious traders. This operation preys on novices while offering nothing of value to seasoned investors.
I can’t believe I fell for this so-called “broker” that charges outrageous fees—4.90% to buy and 3.90% to sell! They claim to offer “near-instant settlement” and “protected storage,” but it’s all just a facade to lure in unsuspecting investors. The KYC process is a nightmare, and after all that hassle, U.S. residents aren’t even allowed to use the platform. Their EUR-L stablecoin is just another gimmick to make them seem innovative. I feel completely scammed and regret ever trusting them with my money.