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Revision as of 19:05, 9 March 2020
CoinField is a fully-regulated European-based Cryptocurrency exchange serving 193 countries worldwide.[1] The exchange offers the trade of 21 cryptocurrencies.[2] It currently has more than 200,000 users and a daily trading volume of $30m USD.[3]
History and Founders
CoinField was founded in April 2018 by Bob Ras, who is the current CEO of the company, and Reza Bashash, who is the CTO.[4][5] Before the launching of CoinField, Bob had several successful ventures in manufacturing, marketing, and technology industries while Reza, an engineer and founder of several tech companies, has experience working in Artificial Intelligence and FinTech industries for more than ten years.[6]
The CoinField Head Office is currently located in Tallinn, Estonia. The company employs 35+ people with a variety of skill sets.[5]
Regulations and licences
CoinField is fully regulated and compliant in 193 countries worldwide.[7] There are 39 countries where CoinField does not offer service due to regulations.[8] CoinField does not currently operate in the United States but aims to start trading there soon.
In February 2020, CoinField partnered with blockchain analysis company Chainalysis.[9][10][11] The partnership allows CoinField to access the company’s Know-Your-Transaction (KYT) software, to prevent money laundering and to identify high-risk cryptocurrency transactions in real-time.[12][13][14][15]
Fiats
There are currently six fiat currency deposit and withdrawal options for CoinField customers. These are USD, EUR, CAD, GBP, AED and JPY.[16]
Cryptocurrencies
FIAT currencies can be traded on CoinField’s platform for 21 cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH) Bitcoin Gold (BTG) Ethereum (ETH), Litecoin (LTC), XRP, USDT, USD Coin (USDC), ZEC (Zcash), Digibyte (DGB) Ox (ZRX) XLM, Golem (GNT), Auger (REP), OmiseGo (OMG), TRX, SALT, Zilliqa (ZIL), Civic (CVC), LOOM, BAT, DASH and SOLO.[17][18]
Products
Centralized Exchange
The CoinField centralized exchange platform is hosted by CoinField's isolated servers and utilizes multi-signature cold storage wallets.[19]The exchange infrastructure is consistently audited by third parties to ensure compliance with the cybersecurity standards.[20]
Wallet and App
CoinField operates a wallet management system to enable users to quickly and securely interact with their assets on the blockchain.[21] CoinField’s mobile app allows users to evaluate charts on multiple time frames to facilitate informed crypto trading decisions. [22]
Wallets are directly synchronized to the blockchain and hosted securely on private isolated servers to ensure secure transactions.The app is available on both the App Store and Google Play.[21]
OTC Trading Desk
CoinField’s Institutional Account & Over the Counter (OTC) Trading Desk enhances the execution of larger trades for corporate and high-net-worth individuals by offering more substantial liquidity, fast settlements, and privacy for each trade.[23] There are no trading fees, and clients get a dedicated account manager.[24] CoinField is in the process of extending its OTC services to 24 hours a day.[25]
White Label
CoinField offers a white label package for customers looking to start their exchange using CoinField’s software. CoinField’s centralized exchange has a team of 35+ experts with extensive experience ranging from blockchain to high-frequency trading software implementation.[26]
The white-label exchange package includes access to CoinField’s deep liquidity pool to satisfy demand during the high peaks of trading activity, as well as 200+ digital assets, military-grade security systems, market pairing against fiat currencies, and more.[26]
Sologenic
Sologenic is a project backed by CoinField.[27] Sologenic aims to facilitate the mass adoption of cryptocurrency.[28] Built on the XRP Ledger, the Sologenic ecosystem allows trading and investing of 30,000 tokenized stocks and ETFs from 30+ global exchanges.[29][30]
Sologenic will enable people all around the world to buy stock in their favorite companies using SOLO.[31] SOLO holders will also have the ability to spend their cryptocurrency anywhere in the world with the use of Crypto Cards.[32]
Sologenic had its Initial Exchange Offering (IEO) from February 18-25 2020, and live trading launched on CoinField’s exchange on March 2nd 2020. The first trading pairs available were USD, USDT, USDC, XRP, GBP and EUR.[33][34][35]
Franchising
CoinField offers entrepreneurs the opportunity to franchise CoinField’s brand. Franchise customers can start a CoinField franchise in their own country and have access to CoinField’s services, portfolio of coins, and profit-sharing.[36]
Currently, franchise opportunities are available in Argentina, Australia, Bahrain, Brazil, France, Japan, Malaysia, Mexico, New Zealand, Qatar, Russia, Saudi Arabia, Singapore, South Korea, UAE, United Kingdom, and the USA.[37]
See also
References
External Links
- ↑ Jose Antonio Lanz,"XRP Chosen As Base Pair For 130+ Coins By Canadian Exchange Coinfield". ethereumworldnews.com. 23 March 2019. https://ethereumworldnews.com/xrp-chosen-as-base-pair-for-130-coins-by-canadian-exchange-coinfield/. Retrieved 25 February 2020.
- ↑ "Canada's CoinField Exchange Set To Launch Ripple And Stellar Trading Pair (XLM/XRP)". bitcoinexchangeguide.com. 14 December 2018. https://bitcoinexchangeguide.com/canadas-coinfield-exchange-set-to-launch-ripple-and-stellar-trading-pair-xlm-xrp/. Retrieved 25 February 2020.
- ↑ "Crypto Exchange CoinField Unveils Secret XRP Project, Plans to Tokenize Stocks and ETFs". dailyhodl.com. 15 October 2019. https://dailyhodl.com/2019/10/15/crypto-exchange-coinfield-unveils-secret-xrp-project-plans-to-tokenize-stocks-and-etfs/. Retrieved 25 February 2020.
- ↑ Solomon Odunayo,"XRP is Better than Ethereum – CoinField CEO, Bob Ras". techbullion.com. 23 November 2019. https://newslogical.com/xrp-is-better-than-ethereum-coinfield-ceo-bob-ras/. Retrieved 25 February 2020.
- ↑ 5.0 5.1 Khalid Lawal,"SOLO & XRP Wallet Apps to Go Live on Apple Store & Google Play". newslogical.com. 3 February 2020. https://newslogical.com/solo-xrp-wallet-apps-to-go-live-on-apple-store-google-play/. Retrieved 25 February 2020.
- ↑ Adrian Barkley,"Ripple’s IPO Will Make The Firm Stronger According To The Sologenic CEO". cryptodaily.co.uk. 20 February 2020. https://cryptodaily.co.uk/2020/02/ripple-ipo-firm-strong-ceo. Retrieved 25 February 2020.
- ↑ Benjamin Pirus,"Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField". cointelegraph.com. 21 February 2020. https://cointelegraph.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield. Retrieved 25 February 2020.
- ↑ Anthonia Isichei ,"CoinField Integrates Chainalysis KYT Surveillance Tool to Fight Money Laundering". btcmanager.com. 21 February 2020. https://btcmanager.com/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/?q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/&q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/. Retrieved 25 February 2020.
- ↑ Ali Raza,"CoinField Partners With Chainalysis To Leverage KYT and AML Features". insidebitcoins.com. 21 February 2020. https://insidebitcoins.com/news/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/251561. Retrieved 25 February 2020.
- ↑ Lili Chuang,"Chainalysis Teams Up With Coinfield to Provide Crypto Compliance Solution". coinnewsspan.com. https://www.coinnewsspan.com/chainalysis-teams-up-with-coinfield-to-provide-crypto-compliance-solution/. Retrieved 25 February 2020.
- ↑ "Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField". thebulletintime.com. 23 February 2020. https://www.thebulletintime.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield/. Retrieved 25 February 2020.
- ↑ Emilio, Janus (21 February 2020). "Chainalysis Enables Coinfield Exchange To ‘Know Your Transaction’". bitcoinist.com. https://bitcoinist.com/chainalysis-enables-coinfield-exchange-to-know-your-transaction/. Retrieved 25 February 2020.
- ↑ "CoinField Partners With Chainalysis To Leverage KYT and AML Features". elevenews.com. https://elevenews.com/2020/02/21/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/. Retrieved 25 February 2020.
- ↑ Arnab Shome,"CoinField Taps Chainalysis’ KYT for Real-Time Crypto Monitoring". financemagnates.com. 21 February 2020. https://www.financemagnates.com/cryptocurrency/news/coinfield-taps-chainalysis-kyt-for-real-time-crypto-monitoring/. Retrieved 25 February 2020.
- ↑ Johnson Go,"Coinfield and Chainalysis for crypto monitoring". cryptopolitan.com. 22 February 2020. https://www.cryptopolitan.com/coinfield-and-chainalysis-crypto-monitoring/. Retrieved 25 February 2020.
- ↑ Chayanika Deka,Emilio, Janus (11 October 2019). "CoinField becomes Ripple’s verified validator; hints at upcoming XRPL project". eng.ambcrypto.com. https://eng.ambcrypto.com/coinfield-becomes-ripples-verified-validator-hints-at-upcoming-xrpl-project/. Retrieved 25 February 2020.
- ↑ Adriana Hamacher,"Coinfield to open up 30,000 stocks for crypto trading on Ripple's XRPL". finance.yahoo.com. 15 October 2020. https://finance.yahoo.com/news/coinfield-open-30-000-stocks-124720163.html?.tsrc=rss. Retrieved 25 February 2020.
- ↑ Alex Dovbnya,"130+ XRP Pairs Being Added to Canada’s Coinfield Exchange". u.today. 11 October 2019. https://u.today/130-xrp-pairs-being-added-to-canadas-coinfield-exchange. Retrieved 25 February 2020.
- ↑ Biraajmaan Tamuly,"XRPTipBot links up with Canada’s CoinField to bolster XRP token adoption". eng.ambcrypto.com. 25 July 2019. https://eng.ambcrypto.com/xrptipbot-links-up-with-canadas-coinfield-to-bolster-xrp-token-adoption/. Retrieved 25 February 2020.
- ↑ "XRP is on Fire as CoinField Mulls the Possibility of Using it as a Base Currency". cryptovest.com. 26 September 2018. https://cryptovest.com/news/xrp-is-on-fire-as-coinfield-mulls-the-possibility-of-using-it-as-a-base-currency/. Retrieved 25 February 2020.
- ↑ 21.0 21.1 "Mysterious ‘Game Changing’ XRP Project Underway, Says Crypto Exchange CoinField". dailyhodl.com. 12 September 2019. https://dailyhodl.com/2019/09/12/mysterious-game-changing-xrp-project-underway-says-crypto-exchange-coinfield/. Retrieved 25 February 2020.
- ↑ "CoinField announces an incentive program for Open Source Developers within Sologeni". globenewswire.com. 4 December 2019. https://www.globenewswire.com/news-release/2019/12/04/1956137/0/en/CoinField-announces-an-incentive-program-for-Open-Source-Developers-within-Sologenic.html. Retrieved 25 February 2020.
- ↑ Adrian Zmudzinski,"Crypto Exchange CoinField Launches XRP Validator, Teases New Ecosystem". cointelegraph.com. 7 October 2019. https://cointelegraph.com/news/crypto-exchange-coinfield-launches-xrp-validator-teases-new-ecosystem. Retrieved 25 February 2020.
- ↑ Carlos Terenzi,"What’s CoinField XRP Project All About?". usethebitcoin.com. https://usethebitcoin.com/whats-coinfield-xrp-project-all-about/. Retrieved 25 February 2020.
- ↑ Jimmy Aki,"Canadian Platform to Become the Major Global Crypto Exchange by Expanding to 100 Countries". cointelegraph.com. 15 January 2019. https://cointelegraph.com/news/canadian-platform-to-become-the-major-global-crypto-exchange-by-expanding-to-100-countries. Retrieved 25 February 2020.
- ↑ 26.0 26.1 Samantha Hurst,"Canada’s CoinField Debuts White Label Crypto Exchange Software Licensing Program". crowdfundinsider.com. 20 February 2019. https://www.crowdfundinsider.com/2019/02/144717-canadas-coinfield-debuts-white-label-crypto-exchange-software-licensing-program/. Retrieved 25 February 2020.
- ↑ Rajarshi Mitra,"Coinfield to initiate new stocks on the popular XRP ledger (XRPL)". fxstreet.com. 16 October 2019. https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255. Retrieved 25 February 2020.
- ↑ Ali Raza,"Sologenic, an XRP Ledger Project by Coinfield, Might Get Stock Trading Ledger Boost". bitcoinexchangeguide.com. 4 November 2019. https://bitcoinexchangeguide.com/sologenic-an-xrp-ledger-project-by-coinfield-might-get-stock-trading-ledger-boost/. Retrieved 25 February 2020.
- ↑ Udit Agarwal,"CoinField unveils ‘secret’ XRP Ledger project, Sologenic". headlinesoftoday.com. 21 October 2019. https://www.headlinesoftoday.com/business/coinfield-unveils-secret-xrp-ledger-project-sologenic.html. Retrieved 25 February 2020.
- ↑ Angela Scott-Briggs,"CoinField’s Project Sologenic to Allow Stock Trading on Ripple’s XRP Ledger: An exclusive interview with Bob Ras – the founder of Sologenic". techbullion.com. 1 November 2019. https://techbullion.com/coinfields-project-sologenic-to-allow-stock-trading-on-ripples-xrp-ledger-an-exclusive-interview-with-bob-ras-the-founder-of-sologenic/. Retrieved 25 February 2020.
- ↑ "Sologenic IEO Will Be Launched on CoinField Exchange on February 18th". finance.yahoo.com. 21 January 2020. https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html. Retrieved 25 February 2020.
- ↑ Rajan Dhall,"CoinField coy on new XRP project". fxstreet.com. 26 August 2019. https://www.fxstreet.com/cryptocurrencies/news/coinfield-coy-on-new-xrp-project-201908262000. Retrieved 25 February 2020.
- ↑ "CoinField Sologenicの初めてのIEO (initial exchange offering) を行う予定と発表". coinpost.jp. https://coinpost.jp/?post_type=pressrelease&p=133029. Retrieved 25 February 2020.
- ↑ "CoinField Launches Sologenic Initial Exchange Offering". globalcoinreport.com. 19 February 2020. https://globalcoinreport.com/coinfield-launches-sologenic-initial-exchange-offering/. Retrieved 25 February 2020.
- ↑ "Sologenic IEO Will Be Launched on CoinField Exchange on February 18th". finance.yahoo.com. 21 January 2020. https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html. Retrieved 25 February 2020.
- ↑ "CoinField Introduces Crypto Exchange Franchises in 15 Markets". globalfintechseries.com. 23 January 2020. https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/. Retrieved 25 February 2020.
- ↑ "CoinField Introduces Crypto Exchange Franchises in 15 Markets". globalfintechseries.com. 23 January 2020. https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/. Retrieved 25 February 2020.