- Price is set by Kraken
- Very high level of security
- Fast verification process
- Fees are pretty high
- Cannot buy even a small amount of cryptocurrency without a verification
Coinhouse was founded in 2014 and since then it’s climbing to become on of the top house of coins for Europeans. Based in France, Coinhouse offers to buy Bitcoin or Ethereum. Payments such as Credit/Debit cards and Neosurf prepaid cards work well with the exchange.
However, Coinhouse strictly checks their customers regarding to KYC/AML regulations.
After account is verified, Coinhouse delivers bitcoins immediately upon validation of your payment. But bank payments take 1-3 working days to arrive.
Quality of documents and paperwork provided by a customer leads to a limit which will be applied to an account. It may vary from 200€ to 5000€.
In addition, minimal deposit amount seeks no less than 100€.
Verification process and privacy
Coinhouse exchange complies to KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations. To fully complete a registration, customers have to upload a scan of an ID as well as a selfie of the person holding ID card.
Knowing the fact that Coinhouse is a partner of Ledger (famous company because of its security solutions for cryptocurrencies and blockchains), standards of security stay very high. The exchange accepts credit cards with a 3D (3DS) security as well.
Furthermore, Coinhouse has an easy connection with Ledger Nano S hardware wallet for storing cryptos safely.
Support of Coinhouse hasn’t a lot of options. Customers find a detailed FAQ. Otherwise support is reachable by an email. However, phone support would be a nice touch though.
Coinhouse provides a very high levelled services. Starting with an experience of the exchange, ending with a professionalism. If you want to get some digital assets stress free, then Coinbase is that place.
However, Bitcoin and Ethereum are the only cryptocurrencies available for purchasing. Furthermore, user cannot buy even a small fraction of the coin without the verification. And lastly, Coinhouse accepts customers from EU exclusively. Fees are high as well.
Reviewed by Coinsmaniac