Coinut Crypto Exchange Review 2025 - Fees, Security, and Fiat Support

Looking for a crypto exchange that blends regulatory oversight with decent fiat options? Coinut review breaks down what the Singapore‑based platform offers, where it falls short, and which trader types will actually benefit.

Key Takeaways

• Regulated in Canada (FINTRAC) and Switzerland (VQF), giving it a solid compliance backbone.
• Supports only six major cryptocurrencies but offers nine fiat pairs, including SGD and CAD.
• Fees sit at 0.10% taker; no maker rebates, so not the cheapest option.
• Leverage up to 10x is available, a rarity among regulated exchanges.
• Security scores are high (cold‑wallet storage for 95% of assets, 2FA), but no investor‑protection fund.

What Is Coinut?

Coinut is a cryptocurrency exchange founded in 2013 by Litecoin core developer Xinxi Wang and entrepreneur Tao Huang. Operating out of Singapore, the platform maintains physical offices in Canada and Switzerland, making it one of the few early‑era exchanges still active in 2025.

The name originally stood for “COIN Ultimate Trading” and is sometimes shortened to “Coins U Trust.” Its core promise revolves around security, fiat‑on‑ramps, and a user‑friendly interface aimed at both retail and institutional traders.

Regulation and Licensing

Coinut is registered as a Money Services Business with Canada’s FINTRAC, the national financial‑crime watchdog. In Switzerland, it falls under the self‑regulatory body VQF (Verein zur Qualitätsentwicklung in der Finanzbranche). These registrations provide Tier‑1 oversight, meaning the exchange must comply with anti‑money‑laundering (AML) and know‑your‑customer (KYC) standards in both jurisdictions.

While the platform has applied for a licence from the Monetary Authority of Singapore (MAS) and the Ontario Securities Commission, those approvals are still pending as of October2025. U.S. residents can access Coinut, but the lack of a U.S. regulator means American users should perform their own risk assessment.

Security Features

Security is a strong suit. Coinut stores roughly 95% of user funds in offline cold wallets, a practice echoed by larger exchanges like Binance and Kraken. Two‑factor authentication (2FA) is mandatory for withdrawals, and the platform has never reported a successful hack. In a 2025 rating by Traders Union, Coinut earned a 9.75/10 for security, matching the scores of Kraken and OKX.

However, unlike OKX, Coinut does not operate an investor‑protection fund that reimburses users after a breach. This is a notable gap for those who prioritize insurance‑style safeguards.

Supported Assets and Fiat Pairs

Coinut’s market is deliberately narrow. It offers six cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, plus two smaller altcoins (unspecified in public docs). These assets can be paired with nine fiat currencies: USD, CAD, SGD, EUR, GBP, AUD, NZD, CHF, and CNY.

The inclusion of Singapore dollars (SGD) and Canadian dollars (CAD) makes the exchange attractive to traders in those regions, especially since many larger platforms lack direct SGD on‑ramps.

Fees and Leverage

Trading fees follow a simple flat‑rate model: 0.10% per taker order. There are no maker rebates, so high‑frequency traders lose the chance to earn negative fees that some competitors advertise. By contrast, Bybit offers a 0.02% taker fee with a 0.01% maker rebate, positioning Coinut’s fees as “reasonable” but not the lowest.

Leverage is capped at 10x, a feature that distinguishes Coinut from many regulated peers that limit margin to 5x or prohibit it entirely. The leverage applies to the six supported crypto pairs, allowing traders to amplify position size while keeping margin requirements modest.

Platform Usability

The exchange is accessible via a responsive web interface and native mobile apps for iOS and Android. The default language is Chinese, but an English toggle sits in the top‑right corner for international users. Account creation requires standard KYC documents (photo ID, proof of address) and typically completes within 24-48hours.

Beyond the trading window, Coinut hosts an education centre packed with video tutorials, glossaries, and basic strategy guides. While the material is solid for beginners, advanced traders will find the depth lacking compared with Coinbase’s extensive learning paths.

Customer Support & Community

Support channels are limited to email and live chat; there’s no telephone line or dedicated forum. Response times average 4‑6hours during business hours, but users have reported occasional delays during peak periods. The platform’s community presence is thin-no official subreddit, and only sporadic mentions on larger crypto forums.

Despite the support shortfall, user sentiment on Trustpilot (nine reviews) highlights platform stability and the convenience of fiat deposits. The main complaints echo the same themes: “limited payment methods” and “slow verification.”

Pros and Cons

• Pros
  • Regulated in two strong jurisdictions (Canada, Switzerland).
  • Cold‑wallet storage for 95% of funds.
  • 10x leverage not common among regulated exchanges.
  • Direct SGD and CAD fiat pairs.
• Cons
  • Only six cryptocurrencies-far fewer than Binance’s 350+.
  • No investor‑protection fund.
  • Fees higher than zero‑fee competitors.
  • Customer support limited to email/live chat.

How Coinut Stacks Up Against Bigger Exchanges

Who Should Use Coinut?

If you live in Canada, Singapore, or Switzerland and need a regulated venue to move fiat into crypto, Coinut is a solid pick. Its 10x leverage makes it appealing for traders who want margin without joining a high‑risk, unregulated platform. Conversely, if you chase a broad altcoin catalog, ultra‑low fees, or an insurance‑style protection fund, Binance or Kraken will likely serve you better.

Step‑By‑Step: Getting Started on Coinut

1. Visit the official website and click “Sign Up.”
2. Enter your email, create a strong password, and confirm the account via the verification link.
3. Complete KYC by uploading a passport or driver’s license and a recent utility bill.
4. Wait 24-48hours for verification; you’ll receive an email once approved.
5. Log in, enable 2FA (Google Authenticator is recommended).
6. Deposit fiat: choose SGD, CAD, or USD, then follow the bank‑transfer instructions. Processing typically takes 2‑3business days.
7. Navigate to the “Trade” tab, select a crypto pair (e.g., BTC/SGD), and place a market or limit order.
8. If you want leverage, select “Margin” and set the desired 2‑10x exposure, remembering the margin requirement.
9. Monitor your positions via the “Portfolio” dashboard and set stop‑loss orders as needed.

Final Thoughts

Coinut occupies a niche corner of the crypto‑exchange world: regulated, fiat‑friendly, and modestly leveraged, yet limited in asset variety and support depth. For traders who value compliance and straightforward fiat access, the platform checks the right boxes. For those chasing the widest market reach or deepest liquidity, bigger players remain the go‑to.