Coinstore, a crypto exchange established in 2021, is the tradingname of the Singapore-based Coinstore Pte Ltd, founded by Jennifer Lu.
There are more than 30 trading pairs listed at the moment and spot and futures trading are offered. It has gained more than 100,000 registered users since it was launched through marketing campaigns.
Coinstore ensures that 70% of customer funds are stored offline, and sensitive data is then split with redundancy, AES-256 encrypted with multiple layers, and backups copied to FIPS-140 USB drives stored securely.
Coinstore is in the process of applying for a PAS license with MAS.
We rate the company on Green.