CoinField

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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[edit]

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.[7]

Regulations and licences[edit]

CoinField is fully regulated and compliant in 193 countries worldwide.[8] There are 39 countries where CoinField does not offer service due to regulations.[9] 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.[10][11][12] 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.[13][14][15][16]

Fiats[edit]

There are currently six fiat currency deposit and withdrawal options for CoinField customers. These are USD, EUR, CAD, GBP, AED and JPY.[17]

Cryptocurrencies[edit]

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), Ripple XRP, Tether (USDT), USD Coin (USDC), Zcash (ZEC), Digibyte (DGB), 0x (ZRX), Stellar (XLM), Golem (GNT), Auger (REP), OmiseGo (OMG), TRX, SALT, Zilliqa(ZIL), Civic (CVC), LOOM, BAT, DASH and SOLO.[18][19]

Products[edit]

Centralized Exchange[edit]

The CoinField centralized exchange platform is hosted by CoinField's isolated servers and utilizes multi-signature cold storage wallets.[20]The exchange infrastructure is consistently audited by third parties to ensure compliance with the cybersecurity standards.[21]

Wallet and App[edit]

CoinField operates a wallet management system to enable users to quickly and securely interact with their assets on the blockchain.[22] CoinField’s mobile app allows users to evaluate charts on multiple time frames to facilitate informed crypto trading decisions. [23]

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.[24]

OTC Trading Desk[edit]

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.[25] There are no trading fees, and clients get a dedicated account manager.[26] CoinField is in the process of extending its OTC services to 24 hours a day.[27]

White Label[edit]

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.[28]

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 cvurrencies, and more.[29]

Sologenic[edit]

Sologenic is a project backed by CoinField.[30] Sologenic aims to facilitate the mass adoption of cryptocurrency.[31] Built on the XRP Ledger, the Sologenic ecosystem allows trading and investing of 30,000 tokenized stocks and ETFs from 30+ global exchanges.[32][33]

Sologenic will enable people all around the world to buy stock in their favorite companies using SOLO.[34] SOLO holders will also have the ability to spend their cryptocurrency anywhere in the world with the use of Crypto Cards.[35]

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.[36][37]

Franchising[edit]

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.[38]

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.[39]

See Also on BitcoinWiki[edit]

External Links[edit]


References[edit]

  1. https://ethereumworldnews.com/xrp-chosen-as-base-pair-for-130-coins-by-canadian-exchange-coinfield/
  2. https://bitcoinexchangeguide.com/canadas-coinfield-exchange-set-to-launch-ripple-and-stellar-trading-pair-xlm-xrp/
  3. https://dailyhodl.com/2019/10/15/crypto-exchange-coinfield-unveils-secret-xrp-project-plans-to-tokenize-stocks-and-etfs/
  4. https://newslogical.com/xrp-is-better-than-ethereum-coinfield-ceo-bob-ras/
  5. https://newslogical.com/solo-xrp-wallet-apps-to-go-live-on-apple-store-google-play/
  6. https://cryptodaily.co.uk/2020/02/ripple-ipo-firm-strong-ceo
  7. https://newslogical.com/xrp-is-better-than-ethereum-coinfield-ceo-bob-ras/
  8. https://cointelegraph.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield
  9. 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/
  10. https://insidebitcoins.com/news/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/251561
  11. https://www.coinnewsspan.com/chainalysis-teams-up-with-coinfield-to-provide-crypto-compliance-solution/
  12. https://www.thebulletintime.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield/
  13. https://bitcoinist.com/chainalysis-enables-coinfield-exchange-to-know-your-transaction/
  14. https://elevenews.com/2020/02/21/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/
  15. https://www.financemagnates.com/cryptocurrency/news/coinfield-taps-chainalysis-kyt-for-real-time-crypto-monitoring/
  16. https://www.cryptopolitan.com/coinfield-and-chainalysis-crypto-monitoring/
  17. https://eng.ambcrypto.com/coinfield-becomes-ripples-verified-validator-hints-at-upcoming-xrpl-project/
  18. https://finance.yahoo.com/news/coinfield-open-30-000-stocks-124720163.html?.tsrc=rss
  19. https://u.today/130-xrp-pairs-being-added-to-canadas-coinfield-exchange
  20. https://eng.ambcrypto.com/xrptipbot-links-up-with-canadas-coinfield-to-bolster-xrp-token-adoption/
  21. https://cryptovest.com/news/xrp-is-on-fire-as-coinfield-mulls-the-possibility-of-using-it-as-a-base-currency/
  22. https://dailyhodl.com/2019/09/12/mysterious-game-changing-xrp-project-underway-says-crypto-exchange-coinfield/
  23. https://www.globenewswire.com/news-release/2019/12/04/1956137/0/en/CoinField-announces-an-incentive-program-for-Open-Source-Developers-within-Sologenic.html
  24. https://dailyhodl.com/2019/09/12/mysterious-game-changing-xrp-project-underway-says-crypto-exchange-coinfield/
  25. https://cointelegraph.com/news/crypto-exchange-coinfield-launches-xrp-validator-teases-new-ecosystem
  26. https://usethebitcoin.com/whats-coinfield-xrp-project-all-about/
  27. https://cointelegraph.com/news/canadian-platform-to-become-the-major-global-crypto-exchange-by-expanding-to-100-countries
  28. https://www.crowdfundinsider.com/2019/02/144717-canadas-coinfield-debuts-white-label-crypto-exchange-software-licensing-program/
  29. https://www.crowdfundinsider.com/2019/02/144717-canadas-coinfield-debuts-white-label-crypto-exchange-software-licensing-program/
  30. https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255
  31. https://bitcoinexchangeguide.com/sologenic-an-xrp-ledger-project-by-coinfield-might-get-stock-trading-ledger-boost/
  32. https://www.headlinesoftoday.com/business/coinfield-unveils-secret-xrp-ledger-project-sologenic.html
  33. https://techbullion.com/coinfields-project-sologenic-to-allow-stock-trading-on-ripples-xrp-ledger-an-exclusive-interview-with-bob-ras-the-founder-of-sologenic/
  34. https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html
  35. https://www.fxstreet.com/cryptocurrencies/news/coinfield-coy-on-new-xrp-project-201908262000
  36. https://globalcoinreport.com/coinfield-launches-sologenic-initial-exchange-offering/
  37. https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html
  38. https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/
  39. https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/