Verified account


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Item description

Fully Verified TransCoin account

TransCoin is a young exchanger, which opened in 2018 and is still gaining popularity. Vitaliy Kostiuchenko is mentioned in the license as the manager – his personality is little known.

The company grants its customers the opportunity to buy cryptocurrency not only online, through the website, but also at physical points for cash. They have already been opened in Estonia and Latvia, and the launch of ground offices in Lithuania is planned soon.

Deposit and withdrawal limits
There is no limit table on the website, you will see specific figures only when trying to deposit/exchange:
Deposit: within 50 – 10 000 euro/dollars.
Withdrawal: up to 100 000 euro/dollars.

Transcoin commission
The commission, as well as the limit, is displayed in the calculator when the payment method is selected. It consists of three parts:
Deposit/withdrawal fee – 3.5% for refilling by bank card, 1.76% for Skrill, 3.52% for Neteller, 0% for SEPA and AdvCash.
Platform application fee (exchanger commission) – 5% for a bank card, 4.95% for AdvCash, 3.5% for Skrill, 2.95% for SEPA, 2.9% for Neteller.
Netware fee – fixed of 0.00005 у.е.
That is, the most overheads are operations using VISA and MasterCard: the total amount of interest paid to the provider here will be more than 8.55%.

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