Excoino exchange introduction: Excoino is a legal company and one of the subsidiaries of Ernyka Holding under the name of “Development of Arian continuous data technology of Iranians” (Toufad). Excoino System, as the first knowledge-based company providing crypto-currency wallets with the permission of the Presidential Scientific Vice President, started its activity at the end of 2017, and it can be said that its reputation is due to having the largest number of wallets in terms of the diversity of the blockchain network.
According to Iran digital economy annotation, The main goal and effort of this digital currency exchange, according to them, is to create a safe trading platform and a platform with an easy user interface, to perform unlimited cryptocurrency transactions, in order to seriously protect the privacy of their users with transparency in the transfer of information.
Excoino exchange introduction: examining the main features
We know that in order to choose an online digital currency exchange, we must consider some of our desired features, including security, fee amount, volume of transactions, variety of currencies, duration of transactions and settlement, support, etc. In this section, we will examine some of the main criteria for identifying a valid digital currency exchange in Excoino Exchange:
Excoino exchange security
It can be said that the security of user accounts in the Excoino trading platform is in a favorable state due to the maintenance of assets in a cold storage.
Through authentication according to the official laws of the country, while protecting the privacy of its users, this system ensures the security of transactions and reduces the possibility of losing users’ funds to zero.
– Excoino wallets are encrypted with the latest methods and standards, and their status is constantly monitored by the company’s information security team.
– One of the most important features of Excoino wallets is the completely free access of each user to more than 20 dedicated wallets for each currency.
– Also, the existence of advantages such as maintaining the extraordinary security of users’ assets, the possibility of converting assets to each other (trading) in an integrated and secure platform, quick access to assets through the Android application and protecting the assets of Iranian users against international sanctions, make this wallet It distinguishes it from other existing wallets.
Fixed transaction fee in Excoino exchange
The average fee for buying and selling transactions in Excoino exchange is a fixed rate equal to 0.2%, which may change slightly in certain circumstances. Also, in Excoino, the fee for converting any currency to another currency is 0.2%.
The digital currency withdrawal fee in this exchange is calculated according to the desired cryptocurrency network, and the rial withdrawal fee is deducted by the bank up to 5 thousand tomans according to banking rules.
Rial withdrawal from Excoino
Depositing money in this exchange is done in two ways:
1. Card-to-card method: In this method, the amount you choose must be 200 dollars or less. The duration of this method is shorter. (Of course, currently this option is not available in the exchange)
2. Deposit with Sheba, which is used for higher amounts and takes more time.
Excoino completes and sends Rial withdrawal transactions (deposit to the user’s account) from the site within one working day and up to three time periods during office hours.
Users receive the Riyal equivalent according to the time period of the destination bank. In non-office hours or on holidays, rial deposits are not made, and on the next working day, the request is prioritized in the deposit list.
The Excoino system has not imposed any restrictions on rial withdrawals, but due to banking restrictions, each person can withdraw 2000 dollors per transaction per day.
Authentication in Excoino exchange
Using artificial intelligence technology for authentication, the Excoino application provides an easy, instant and fast process for its users. In authenticating through the Excoino application, the entire process of checking and confirming information is done in less than 5 minutes, and the result is notified to the user by call and SMS. But if you authenticate through the site, it will take about 1 day to confirm your information.
Depositing and withdrawing digital currencies in Excoino does not require authentication, and you only need authentication when one side of the transaction (deposit, withdrawal) is Riyal or Perfect Money.
You can use all Excoino Market features without needing to authenticate. Just register on the website and confirm your mobile number or email.
Excoino exchange support process
Excoino‘s support is available 24 hours a day, 7 days a week, and users can contact Excoino by sending a ticket, email to support@excoino.com, Telegram t.me/excoino and other social networks and by calling 02128111400 and raise their questions, suggestions and criticisms.
What is the reward for referring friends in Excoino?
You can get rewards for every user who registers on Excoino website with your ID code by getting your ID code from the site and sending it to others. At the time of referring friends, you will receive 25% of all transaction fees. It is also equivalent to 1% of that person’s balance per year in monthly and daily basis, Excoino’s gift to the user.
What is Excoin and what is its use in Excoino?
Excoin is an internal credit for giving gifts and loyalty points to Excoino exchange users. Excoino users can convert their own Excoins to cryptocurrencies available in this exchange or to Rials.
The value considered for each Excoin is equal to one Swiss franc. Users don’t need to pay anything to get Excoin and can get this point for free and in the form of a bonus.
Other notable features of Excoino exchange
After reviewing some important factors about Excoino exchange, in this section we will discuss other good features of this exchange:
The most important advantages of Excoino are:
– Ability to order
– High number of cryptocurrencies
– Bonus for wallet account balance
– Authentication in the shortest time
– Android and IOS application
– 24/7 support has strong phone support.
– Implementation of main nodes of networks
– Access to the latest cryptocurrency news and educational articles
– Easy user interface
In this section of the introduction of Iranian digital currency exchanges, we introduced the Excoino exchange and examined the advantages, disadvantages, and other essential features for trusting and choosing an online exchange.
To compare Iranian digital currency exchanges and to know which one you should choose to start financial activity and buy and sell cryptocurrency, stay with us.
