CoinCatch
⭐ Trust Score: 7/10
🏆 Arbi.TEAM 5/10
📋 Basic information
📊 Trading statistics
📖 About exchange
ℹ️ CoinCatch — a centralized cryptocurrency exchange launched in October 2022 and registered in the British Virgin Islands under the management of Linkbase Technology Limited . Despite its relatively young age and small size compared to market leaders, the platform positions itself as well-regulated and focused on a convenient trading experience for users of different levels . A key feature is its availability for users from the USA and Canada, where many major competitors have restrictions . CoinCatch actively attracts users through referral and affiliate programs with generous bonuses .
🪙 Trading Products and Tools
CoinCatch offers a focused but sufficiently comprehensive set of tools, with a clear emphasis on derivatives. This makes it attractive primarily for traders focused on futures and margin trading.
Spot Trading
279+ cryptocurrencies on 129+ trading pairs, including major coins and altcoins .
Futures Trading
Leverage up to 200x on 242+ perpetual contracts (USDT-M, Coin-M) .
Copy Trading
Advanced modes such as Smart Copy and Diverse Copy for automatically replicating the trades of successful traders .
Derivatives: The main specialization. The platform uses a Derivatives Trading System 3.0, claiming high performance and the ability to process millions of trades per second . Daily futures trading volume can exceed $20 billion .
Interface and Analysis: An intuitive platform with support for TradingView charts and indicators . Advanced order types, including trailing stop, as well as isolated and cross-margin modes, are available .
Educational Resources: The platform offers educational materials and a help section, although some users note that guides on trading basics may be insufficient for complete beginners .
🔐 Security and Support
Security and regulation are key arguments used by the exchange itself; however, its young history and the lack of authoritative independent certifications require caution .
Protection Measures
- Standard measures: two-factor authentication (2FA), anti-phishing code, withdrawal password .
- Proof of Reserves: Regular (monthly) publication of Merkle Tree reports. According to the platform, key assets (BTC, ETH, USDT, USDC) have excess collateral exceeding 90% .
- Fund Storage: Uses a combination of institutional-grade hot and cold wallets . There have been no official reports of hacks resulting in the loss of user funds .
Regulation
Registered as a Money Service Business (MSB) in the USA (FinCEN) and Canada (FINTRAC) . This is not a full financial license (like Bitstamp or Kraken, for example), but it implies compliance with basic AML/CFT requirements and increases accessibility in these regions.
Support
24/7 support service available via online chat and email. User reviews are conflicting: many note its responsiveness and helpfulness, while others complain about formal responses and problems resolving technical failures, especially during periods of high market volatility .
💳 Deposits and Withdrawals
One of the main limitations of the platform is that it works exclusively with cryptocurrency. Fiat deposit and withdrawal are not supported.
Verification (KYC)
Not required to start. This is the main advantage for privacy-conscious users. Without KYC, the withdrawal limit is up to 50,000 USDT per day and 200,000 USDT per month . Full verification (requires providing ID and a selfie) removes this limit, setting the bar up to 3 million USDT per day, and opens access to P2P trading .
Account Funding
Cryptocurrency only. Deposits are available for all supported coins. The user needs to transfer funds from an external wallet or another exchange. It is important to choose the correct blockchain network and ensure that the deposit amount is not below the minimum limit . Deposit addresses can change automatically, so it is necessary to check the current address in your personal account before each operation .
Withdrawals
Withdrawal of cryptocurrency to external wallets. Withdrawal fees are competitive (e.g., 0.0004 BTC for Bitcoin withdrawal). Crediting time depends on the required number of network confirmations . Some users in reviews note high withdrawal speed, while others have encountered delays or problems during technical failures of the platform .
👍 Pros and Cons
Based on an analysis of official information and user reviews, the key strengths and weaknesses of the exchange have been formed.
Advantages
- ✅ No Mandatory KYC: High withdrawal limits (50K USDT/day) without identity verification is a rarity in the modern market.
- ✅ Availability in the USA and Canada: Registration as an MSB allows legal servicing of users in these jurisdictions, where many competitors are blocked.
- ✅ Powerful Tools for Derivatives: High leverage (up to 200x), numerous contracts, and an advanced trading system attract experienced futures traders.
- ✅ Competitive Fees: Low and fixed fees: 0.10% for spot (maker/taker), 0.02%/0.06% for futures .
- ✅ Reserve Transparency: Regular publication of Proof of Reserves with excess collateral increases trust.
Disadvantages
- ❌ No Fiat Channels: A critical drawback for beginners. It is impossible to top up your account with a card or bank transfer, requiring you to have cryptocurrency on another platform.
- ❌ Young and Inexperienced Platform: Founded in 2022. Lacks a long, proven history, and information about the founding team is minimal .
- ❌ Mixed Reliability Reputation: There are numerous negative reviews about technical failures during volatility, spontaneous logouts, and problems with fund withdrawals, calling stability into question .
- ❌ Limited Spot Liquidity: Spot trading volume (~$49-75 million per day) is significantly lower than futures and is low compared to top exchanges, which can lead to slippage .
- ❌ Dissatisfaction Among Some Users: There are complaints about unfair liquidation of positions and issues with bonus payments from the referral program .
💡 Tips for Beginners
Use a Demo Account or Copy Trading
Before trading with real money, especially with leverage, practice on a demo account (if available) or start by copying verified strategies through Smart Copy.
Remember There Is No Fiat On-Ramp
You will need another exchange (e.g., Coinbase, Binance) or a P2P service for the initial purchase of cryptocurrency before transferring to CoinCatch.
Always Check the Network When Depositing
Carefully verify the chosen blockchain network and address when depositing. Using the wrong network will lead to an irreversible loss of funds .
Start Small
Test all processes (deposit, trading, withdrawal) with a small amount to assess the speed of work, liquidity of the chosen pair, and ensure there are no problems.
🌐 Interface and Accessibility
Interface: The platform offers a web version and mobile apps for iOS and Android, which generally receive positive reviews for convenience and functionality . The interface is translated into several languages. The convenience of trading derivatives on both desktop and mobile devices is especially noted .
🌏 Restricted Countries and Territories
Important Information: The main competitive advantage of CoinCatch is its operation with users from the USA and Canada thanks to MSB registration . However, like most exchanges, the platform has a list of prohibited jurisdictions. The exact and current list is recommended to be checked on the official website or using special verification tools provided by review sites .
CoinCatch does not provide services to users from the following countries and regions:
- Canada (Alberta)
- Crimea
- Cuba
- Hong Kong
- Iran
- North Korea
- Singapore
- Sudan
- United States of America (including U.S. territories and minor outlying islands)
- Iraq
- Libya
- Yemen
- Afghanistan
- Central African Republic
- Democratic Republic of the Congo
- Guinea-Bissau
- Haiti
- Lebanon
- Somalia
- South Sudan
U.S. Territories: Puerto Rico, Guam, U.S. Virgin Islands, American Samoa, Northern Mariana Islands.
U.S. Minor Outlying Islands: Baker Island, Howland Island, Jarvis Island, Johnston Atoll, Kingman Reef, Midway Islands, Navassa Island, Palmyra Atoll, Wake Island.
Important Note: Despite the stated regulatory registration and reserve transparency, user reviews contain alarming signals about the technical unreliability of the platform under stressful conditions. This is a significant risk factor, especially for active traders and those planning to store significant amounts on the exchange. Carefully study recent reviews before making a decision.
💱 Suitability Analysis of CoinCatch for Arbitrage Operations
Analysis for Arbitrage Operations
CoinCatch is an exchange we rarely use for cryptocurrency arbitrage.
There is one reason: the platform has a relatively small number of trading pairs. As a result, it rarely appears in the scanner.
Potential plus: At the same time, it is worth keeping in mind the low USDT withdrawal fees: on the Polygon network — 0.2 USDT, BSC — 0.29 USDT.
📈 Summary on Arbitrage
The CoinCatch exchange is rarely used by us for conducting arbitrage trades. The limited selection of trading pairs does not allow it to become an active participant in arbitrage strategies. Although low withdrawal fees in popular networks (Polygon, BSC) are a technical advantage, they do not compensate for the lack of basic opportunities for finding price anomalies. Therefore, it is not possible to discuss other advantages and disadvantages of the platform for arbitrage purposes.