Are there fixed fees, transaction fees, or other fees?
Is the website safe and your information secure? Have there been previous breaches in security?
How many coins are available to trade?
|Ease of Use?
How good is the overall experience? Is it easy to buy/sell tokens, view funds, and see market movements?
Allcoins gets 3 stars here simply because of its lack of producing valid information about their security protocols. We know that Allcoin has a tier system for customer account verification with various restrictions for the lower tiers. Beyond that, we get no inclination as to how the funds are being stored.
Allcoin is separating itself from the pack by offering near-to-nothing fees. You can Buy at a 0% fee, and you can Sell at a 0.2% fee. Those are some pretty low numbers to beat. The fact that they have their own equity coin baked into the exchange is what seems to allow them to offer this form of luxury to its database of investors.
Allcoin maily provides trading between BTC, ETH, and its own ewuity coin labled Qtum against the USD. the BTC pairings include: Ether, Qtum, Litecoin, Bitcoin Cash and several other less popular coins and game tokens. The ETH pairings are: three other alt-coins. While the Qtum can be traded for Energo.
EASE OF USE
The Allcoin platform seems to be tailored more for the beginner investor. It does not carry all fo the intricate features of some Forex exchanges. It has the buy and sell options, some price charts, an order book and an asset list. This sort of set up might be great for the crypto-beginners, but if you are looking to margin trade or do more with your portfolio, Allcoin is not the place.
Allcoin is a Canadian cryptocurrency exchange ranked in the top 40 exchanges in terms of 24 hour trading volume which is an awesome standing to be in. Ontop of that, Allcoin is owned by a large publicly listed company and is a registered money service business in Canada. These three facts are some heavy hitters to ignore. The only draw back in our opinion is the lack of crypto-pairings available, and the lack of information about their security protocols.