Buyucoin vs Coinsbank: Fees, Security, Features & Which to Choose (2025)

Trying to choose between Buyucoin and Coinsbank This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on August 16, 2025

Buyucoin

Coinsbank

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Available Countries

United States

Europe

Yes

Latin America

Yes

India

Yes

China

Canada

Yes

United Kingdom

Yes

United States

Yes

Europe

Yes

Latin America

India

China

Yes

Canada

Yes

United Kingdom

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Buyucoin is ideal if:

For users favoring convenience in India If you’re an Indian resident looking for a smooth, secure on-ramp from Indian Rupees to crypto with a friendly app and wallet, BuyUcoin is a great match.
For those exploring extra perks If you enjoy incentives like crypto cashback scratch cards, an OTC desk with zero fees, and a growing NFT ecosystem, BuyUcoin adds an engaging twist to your trading experience.
For beginners or casual traders If you value an intuitive interface, mobile-first design, and educational tools like webinars, BuyUcoin offers an approachable path into the crypto world without overwhelming complexity.

Coinsbank is ideal if:

All-in-one crypto hub: Combines wallet, exchange, merchant gateway, and crypto-linked debit cards—great if you value integrated tools under one roof.
Fiat and card convenience: Supports multiple fiat currencies and offers debit cards with instant crypto conversion—ideal if you frequently spend or manage fiat alongside crypto.
Beginner-friendly and secure: Features a clean, intuitive interface with mobile support and strong security (2FA, cold storage)—well-suited for new users prioritizing ease of use.

Buyucoin isn’t ideal if:

If you prefer global fiat options BuyUcoin mostly supports INR deposits and limited alternative fiat methods, making it less suited for those needing diverse fiat integrations.
If fee clarity matters The platform’s fee structure isn’t fully transparent at first glance, which can frustrate users who demand simple, upfront cost breakdowns.
If you're targeting deep altcoin markets While BuyUcoin covers many popular tokens, serious altcoin traders may find the selection somewhat narrow compared to global multi-asset platforms.

Coinsbank isn’t ideal if:

Limited crypto variety: Only supports a handful of major coins—may frustrate users seeking diverse altcoin options.
Regulatory ambiguity: Licensed in Belize but with unclear regional oversight—less appealing if you prefer exchanges with transparent local regulation.
Spotty user feedback: Mixed to negative reviews and inconsistent support response—might concern anyone valuing reliable, responsive customer service.

Fees & Total Costs

Spot Maker/Take

BuyUcoin charges a flat trading fee of around 0.24 % for both maker and taker trades (including relevant taxes), without offering tiered volume discounts or reductions for using its native token.

CoinsBank applies a flat 0.20% maker and 0.50% taker fee regardless of trading volume, with no discounts linked to holding a native token.

Futures/Derivatives

BuyUcoin does not currently offer futures or derivative contracts, so there are no maker/taker fees or funding rate mechanisms to consider.

CoinsBank does not currently offer futures or derivatives trading, so maker/taker fees and funding costs are not applicable.

Average Spreads on Liquid Pairs

Trading spreads for major pairs like BTC/USDT or ETH/USDT aren’t explicitly published on the platform, though users report that liquid pairs generally maintain competitive spreads thanks to its decent market depth.

While precise spreads aren’t publicly stated, CoinsBank’s flat trading fee structure suggests that the spread is integrated into the market price and remains modest but slightly higher compared to low-fee platforms.

Fiat Deposits & Withdrawals

You can deposit INR via bank transfers (including UPI, IMPS, NEFT/RTGS) or card options; bank-to-bank transactions typically have minimal processing delay and no direct fees, though instant cash-outs to cards may incur additional charges and processing time may vary.

CoinsBank accepts fiat via wire transfer and credit card, with the processing time depending on method; fees are present but not clearly disclosed, and delays may occur depending on the payment channel.

On-chain Withdrawals

Withdrawals of crypto assets are charged as fixed network-based fees (for example, BTC withdrawals are a set amount of BTC), not percentage-based, and rates differ by blockchain—BuyUcoin covers moving crypto between own wallets for free, but external transfers incur standard network fees.

Cryptocurrency withdrawals like BTC are charged a fixed fee (for example, 0.005 BTC), instead of variable “dynamic” network fees, and similar structure likely applies to ETH, TRX, etc., though amounts aren’t explicitly listed.

Hidden Costs

BuyUcoin has no KYC or inactivity fees, nor storage charges, and sends within its own ecosystem incur no transfer fees; currency conversion costs are implicit in spreads rather than explicit charges.

Some potential extra costs can include currency conversion spreads, possible fees for expedited KYC, and inactivity charges, though details are not prominently disclosed or standardized on the platform.

Real-World Cost Example: “€500 BTC

If you convert €500 to BTC, you’d first use INR (so there’s currency exchange implied), pay a ~0.24 % trading fee embedded in the buy price, then face a spread implied in the rate, and finally incur a fixed network fee when withdrawing, depending on the specific chain—so your total cost would reflect trading fee + spread + withdrawal fee.

If you buy €500 of BTC, you’d pay the 0.50% taker fee, plus absorb any market spread and possibly incur a fiat funding fee and fixed BTC withdrawal cost, though exact numbers shift with exchange rates and the selected withdrawal method.

Crypto Offering & Trading Features

Number of Coins & Pairs

BuyUcoin currently lists over 170 cryptocurrencies, including most of the top-20 coins by market cap, offering a wide selection for spot trading across well-known tokens.

CoinsBank supports four cryptocurrencies—Bitcoin, Ethereum, Litecoin, and Ripple—pairings are limited to these major assets, with only top volume pairs offered, so the total and top-20 breakdown mirrors each other.

Product Range

The platform focuses on spot trading, OTC trades, staking (and earning through NFTs), recurring buys like SIPs, and an NFT marketplace—margin, futures, options, ETFs, and bots are not yet available.

CoinsBank focuses on spot trading only, without margin, futures/perpetuals, options, ETFs, staking, lending, copy-trading, grid bots, or automated DCA strategies—their offering remains straightforward and singular.

Liquidity

While precise figures aren’t published, liquidity for major pairs such as BTC and ETH is sufficient for smooth execution, though deeper institutional-level data and 24-hour volume statistics remain unclear.

Liquidity data, including precise 24-hour volumes or depth metrics for BTC/ETH, isn’t publicly disclosed on the platform, suggesting moderate liquidity but without publicly accessible indicators.

Tools

Users get standard order types like limit and stop, along with charting via integrated views, but advanced features like OCO, native TradingView, alerts, or API access have limited visibility and may not be fully implemented.

The platform offers essential tools—limit orders, stop-loss, take-profit (OCO-style) and real-time charts—but lacks advanced alert systems, built-in TradingView, or public API/websocket access.

Geographic Restrictions by Product

BuyUcoin’s services are tailored for Indian residents only, with fiat options limited to INR; that means global availability of advanced products like derivatives or margin is restricted.

CoinsBank allows access to the same basic spot trading services across supported regions, with no explicit geographic restrictions detailed for trading products like derivatives (which are simply not offered).

Innovation

The platform stands out with its NFT marketplace, SIP-based recurring crypto buys, cashback scratch cards, and flexible vs locked staking—features that reflect creative engagement rather than traditional financial tools.

Current innovation tools like launchpad, launchpool, flexible or locked earn products are not part of CoinsBank’s offering, as the platform maintains a more traditional and minimalistic functionality set.

Security, Regulation & Custody

Operating Entity & Jurisdiction

BuyUcoin is legally operated by iBlock Technologies Pvt. Ltd, established in 2016 and headquartered in the Delhi-NCR region of India.

CoinsBank is reportedly operated by CoinsBank LP (financial services via XBIT Ltd), said to be registered in Belize, with historical ties to a UK-based entity and offices in Edinburgh, though verifiable details remain opaque.

Licenses/Registration

BuyUcoin is officially registered as a reporting entity under India’s Prevention of Money Laundering Act (PMLA) and holds registration with the Financial Intelligence Unit – India (FIU-IND).

Despite claims of FCA authorization under license number 182110, investigative reviews indicate that this license belongs to an unrelated entity, meaning CoinsBank lacks legitimate regulation in the UK, EU, or other formal jurisdictions.

Custody

Custody is handled in-house by BuyUcoin; there’s no publicly available proof of reserves, audit reports, or details on the proportion of assets held in cold storage.

CoinsBank appears to self-custody user assets, with no public evidence of Proof of Reserves, independent audits, or clear disclosure of cold storage percentage figures.

Insurance & Protection Funds

There are no public disclosures indicating institutional insurance or a protection fund covering user assets in the event of a breach or insolvency.

The platform does not advertise any formal insurance coverage or dedicated user protection funds to safeguard customer holdings in case of loss or breach.

Incident History

BuyUcoin has no recorded history of major security breaches, platform-wide suspensions, regulatory fines, or notable withdrawal freezes to date, based on public records.

Available public data does not show documented incidents such as hacks or regulatory penalties, though several user complaints question the platform’s transparency and reliability.

Risk Controls

Basic security measures like mandatory KYC and anti-money laundering policies are in place, but more advanced features—such as two-factor authentication, address whitelisting, anti-phishing tools, sub-accounts, or granular API permissions—are either limited or not visibly featured.

CoinsBank has historically offered basic security mechanisms such as multi-signature wallets and user-held keys, but doesn’t broadly advertise more advanced controls like whitelisting, dedicated anti-phishing tools, multiple sub-accounts, or detailed API permissioning.

Transparency

While BuyUcoin participates in regulatory sandbox initiatives and maintains compliance reporting via FIU-IND, it does not offer monthly transparency reports, public wallet statements, or a formal service-level agreement (SLA) for uptime or responsiveness.

The platform does not publish routine transparency reports, nor does it share on-chain wallet addresses or formal SLAs, making their operational transparency limited.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

Bank transfers via IMPS, UPI, NEFT, and RTGS are available for depositing INR; there are no minimum or maximum amounts publicly listed, and funds usually arrive quickly depending on the chosen transfer method.

CoinsBank supports fiat deposits via bank transfers, credit/debit cards, and internal wallet transfers, with no clearly published deposit minimums, maximums, or exact processing times—methods appear functional but fees and limits are not transparently detailed.

Supported Fiat Currencies & Conversion

KYC (Verification Levels)

BuyUcoin operates with mandatory KYC; beyond that, the platform does not publicly distinguish between basic or advanced tiers or provide specific transaction limits for each tier.

CoinsBank requires identity verification for fiat operations, but does not clearly define tiered KYC levels or associated limits; users may need to complete basic KYC to access deposit or withdrawal functions.

Withdrawals

Crypto withdrawals are subject to fixed network fees and processed on typical blockchains (e.g. BTC, ETH), with timing and limits largely dependent on network congestion and internal review standards, but multi-network options or daily caps aren’t explicitly disclosed.

Cryptocurrency withdrawals use fixed fees (e.g., 0.005 BTC), with no indication of minimums, maximums, or supported blockchains beyond major ones like BTC or ETH, and timing details are not explicitly shared.

Customer Support

Users can access support via help center articles, email, and live chat (when available), though response times vary; the platform also provides an FAQ section for self-help guidance.

Support is available via 24/7 live chat, email, and phone, with a mobile app and web knowledge base; however, actual response times aren’t promised or documented.

Languages & Localization

The interface operates in English and INR pricing, tailored primarily to Indian users; international fiat display or regulatory tailoring is minimal, as it focuses on the local market.

The platform is primarily offered in English, displays prices in fiat like EUR and USD, but does not appear to offer localized content tailored to specific regions or currencies.

App Quality & Stability

The mobile app offers several security layers (2FA, PIN, biometric login) and promises fast deposit/withdrawal performance; while user feedback varies, recent updates suggest ongoing maintenance with occasional performance reports.

CoinsBank’s mobile app for iOS and Android is designed to be secure and user-friendly, employs data encryption, and enables instant transfers—but hard metrics like stability, crash frequency, or recent updates are not publicly detailed.

Experience, Performance & Ecosystem

UX/UI

BuyUcoin presents a clean, mobile-first interface with both light and dark themes; onboarding is straightforward, minimizing friction, though it doesn’t offer distinct “Lite” or “Pro” modes.

CoinsBank offers a clean, intuitive interface with minimal clutter, making it approachable for beginners; however, it does not differentiate between “Lite” or “Pro” versions, so all users interact with a single unified platform experience.

Performance

The platform’s in-house engine is said to process over 100,000 orders per second, contributing to fast order execution; while it appears reliable during normal activity, details on handling volatility spikes or KYC backlog during bull markets aren’t widely discussed.

With a streamlined UI and centralized infrastructure, order execution is generally smooth, though there’s sparse feedback on slowdowns during high-volatility or during Bull Market KYC surges—meaning performance may vary under extreme conditions.

Education

Users benefit from online learning through webinars and real-time crypto news; however, there’s no dedicated academy, demo account, simulator, or Spanish-language resources currently available.

The platform doesn’t feature a built-in learning academy, demo environment, or Spanish-language educational materials, so users looking for guided tutorials or localized crypto content may need external resources.

Community

BuyUcoin fosters engagement via its referral program offering lifetime trading-fee commissions, and users can connect through its social media channels and forums, though there’s no official Discord or Telegram mentioned.

CoinsBank engages its audience through unique community experiences like blockchain-themed cruises and supports multilingual channels via WhatsApp, Telegram, WeChat, and referrals, though it lacks traditional forums or dedicated Discord groups.

Integrations

The exchange supports smart trading strategies and copy trading options, but lacks native TradingView integration or tax accounting tools; however, third-party bot platforms can nonetheless connect to BuyUcoin.

The platform operates primarily as a standalone crypto solution with no native TradingView integration, external trading bots, tax reporting features, or accounting integrations—keeping the focus on core functionality.

Who Each One Is Best For

BuyUcoin is ideal for Indian newcomers seeking a rewards-focused mobile experience with easy KYC and referral income; advanced traders seeking multi-asset tools or deep customization may find it less fitting.

CoinsBank is best for users who want a consolidated crypto wallet, exchange, and spending card all in one place with straightforward usability, whereas more advanced traders or educators may find it lacking in trading sophistication or educational support.