Raydium vs Coinstore: Fees, Security, Features & Which to Choose (2025)

Trying to choose between Raydium and Coinstore 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 September 7, 2025

Raydium

Coinstore

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Europe

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China

Yes

Canada

United Kingdom

Yes

United States

Yes

Europe

Yes

Latin America

Yes

India

China

Yes

Canada

Yes

United Kingdom

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Raydium is ideal if:

If you thrive in the Solana ecosystem, Raydium’s high-speed, low-cost swaps and deep liquidity integration make it a natural fit.
If you're focused on strategic DeFi participation, its Fusion Pools and community-driven token offerings offer advanced, flexible yield opportunities.
If you value non-custodial trading with order-book precision, Raydium’s hybrid AMM design delivers professional execution without sacrificing decentralization.

Coinstore is ideal if:

If you value broad crypto exposure and early-stage token access, Coinstore gives you hundreds of assets, frequent launchpad listings, spot and futures markets, plus staking and IEO options.
If intuitive design and mobile-first trading matter, its sleek interface and fully featured app make it beginner-friendly yet functional for seasoned traders.
If security and operational reliability are top priorities, it employs strong safeguards—cold storage, multi-sig wallets, real-time risk controls—though some community reviews note occasional trust concerns.

Raydium isn’t ideal if:

If you prefer multi-chain access, Raydium’s strong Solana reliance may feel limiting compared to DEXs that support Ethereum, BNB Chain, or others.
If transparency matters deeply to you, Raydium’s largely anonymous founding team can raise concerns about long-term accountability.
If you prioritize ultra-robust security, ongoing DeFi exploit risks and Solana-dependency may be a deterrent despite audits.

Coinstore isn’t ideal if:

If you want smooth fiat on-ramp/off-ramp capability, Coinstore’s crypto-only deposits and withdrawals limit seamless transitions with traditional currency.
If you expect fast, reliable customer support, multiple user reports highlight slow responses, unresolved tickets, and issues during high-volatility periods.
If you prioritize regulatory security, Coinstore’s limited licensing and operating in unregulated or gray jurisdictions may offer less legal protection and recourse.

Fees & Total Costs

Spot Maker/Take

fee tiers & native-token discounts Raydium applies a straightforward spot trading fee (maker and taker both), typically around 0.25%, with pools varying based on design—some concentrated-liquidity or specialty pools offer lower tiers down to 0.01%, and fees funnel back into liquidity rewards and RAY buybacks, though no explicit discount for using RAY is mentioned in their core documentation.

Coinstore applies a flat 0.2% maker and 0.2% taker fee for spot trading regardless of volume, offering no stated discounts tied to holdings of a native token or tiered volume structure.

Futures/Derivatives

maker/taker & funding During its futures/perpetuals beta phase via the Orderly Network, Raydium offered remarkably low costs—0% maker fees and 0.025% taker fees—supported by Solana’s gas-free environment; funding rates weren’t prominently disclosed, suggesting they might align with market norms or be negotiated per contract.

Perpetual futures trades charge maker fees of 0.02% (reduced from 0.025%) and taker fees of 0.06%, while funding rates apply periodically on open positions to align with spot market prices.

Average Spreads on Liquid Pairs

Thanks to its AMM structure integrated with the OpenBook order book, Raydium delivers competitive pricing and tight spreads on high-liquidity pairs like BTC/USDT or ETH/USDT, leveraging deep order flow to minimize slippage and price impact for traders.

Though not published directly, Coinstore’s flat-fee structure and spot liquidity suggest spreads in major pairs remain competitive and tight—suitable for standard crypto trading.

Fiat Deposits & Withdrawals

Raydium does not support fiat on-ramps or off-ramps—it operates strictly in crypto, so users must first acquire assets on other platforms; this means no direct methods, no fiat fees or timing to report, as all funding must occur via SPL-compatible wallets.

Fiat access is enabled via third-party partners like Mercuryo, Banxa, or Paxful using methods such as card payments or bank transfers; Coinstore doesn’t charge for this, but the providers may, and fiat-to-crypto conversion times can range from minutes up to several hours.

On-chain Withdrawals

Withdrawals on Raydium only incur blockchain network (“gas”) fees, which are dynamic depending on Solana network pressure; there’s no fixed withdrawal fee from the protocol itself, so you only pay the variable SOL-based cost for execution.

Coinstore charges the network’s actual blockchain fee for withdrawals—dynamic and network-dependent (e.g., BTC, ETH, TRX)—with no fixed platform-added rate.

Hidden Costs

There are essentially no hidden or extra fees on Raydium—no conversion or inactivity charges and no KYC express or expedited processing costs—since user assets remain self-custodied, and the protocol maintains a fully decentralized, permissionless stance without such financial add-ons.

There are no reported inactivity fees or express-KYC charges, but conversion rates may differ subtly depending on the fiat provider; Coinstore itself does not layer on hidden surcharges.

Real-World Cost Example: “€500 BTC

Imagine buying €500 worth of BTC via Raydium: you’d first swap an equivalent amount of crypto—incurring a ~0.25% swap fee plus minimal slippage—then withdraw BTC to your wallet, paying only the on-chain SOL network fee; there’s no fiat fee, and all costs stay modest and transparent.

Buying €500 worth of BTC via a fiat-crypto provider yields USDT/USDC credited—no Coinstore fee—then trading that for BTC incurs a 0.2% spot fee plus usual bid-ask spread; if withdrawing on-chain, you’ll also pay the dynamic network fee.

Crypto Offering & Trading Features

Number of Coins & Pairs

Raydium supports over a thousand SPL-based tokens and boasts more than a thousand trading pairs, while its top 20 pairs by volume typically include heavy hitters within the Solana ecosystem with significant liquidity and trade activity.

Coinstore lists roughly 380+ cryptocurrencies across 410+ USDT-denominated pairs, and its top 20 by 24-hour trading share include heavyweights like BTC/USDT, ETH/USDT, SOL, XRP, BNB, DOGE, TRX, among others.

Product Range

Raydium delivers core DeFi services such as spot swaps, staking, yield farming, token launchpad (AcceleRaytor), concentrated liquidity provisioning (Fusion Pools), and perpetual futures trading—all within a self-custodial, on-chain environment.

The platform offers spot trading, perpetual futures with up to 100× leverage, Earn programs (staking), crypto Launchpad features, and API access; however, it does not support options, ETFs, margin beyond futures, copy trading, grid bots, DCA automation, or lending.

Liquidity

24h Volume & Book Depth Raydium often records daily volumes in the tens to hundreds of millions of dollars, supported by combined pool and order-book liquidity, which ensures ample depth—especially for major assets like BTC-SOL or ETH-SOL equivalents on Solana.

Recent data shows daily trading volume around $4B, with aggregated BTC/USDT volume surpassing $1.6B and ETH/USDT around $2B—demonstrating strong liquidity and depth for those core pairs.

Tools

Users benefit from advanced trading features like limit orders, integration with OpenBook’s on-chain order book, real-time trading analytics, and straightforward interaction via wallet-connected interfaces, though classic charting tools like TradingView aren’t native.

Coinstore supports basic order types (market, limit), TradingView charts, and API/WebSocket trading, but lacks advanced order features like stop-limit, OCO orders, price alerts, or native order-management tools.

Geographic Restrictions by Product

Certain decentralized features of Raydium—especially derivatives or token launches—may be inaccessible to residents of restricted territories such as the U.S. and others, while core swapping and staking remain broadly available

Certain features—including derivatives, Launchpad, and Earn—are restricted in regions such as Mainland China, Hong Kong, Singapore, the U.S. (and territories), Iran, North Korea, and Syria.

Innovation

Raydium stands out with its permissionless launchpad for token offerings and the option for flexible vs locked staking; launch initiatives like AcceleRaytor and concentrated liquidity pools offer dynamic ways to participate in emerging projects.

Coinstore stands out with its Launchpad token sales, enabling early project participation, and an Earn program offering staking-like yield, often including both flexible and locked-duration options for yield seekers.

Security, Regulation & Custody

Operating Entity & Jurisdiction

Raydium is developed by a decentralized team operating under Solana’s framework, without a publicly registered corporate entity or formal headquarters, reflecting typical DeFi protocol structure.

Coinstore is operated by COINSTORE PTE. LTD., a company incorporated in Singapore around 2020; its headquarters and legal operations fall under Singapore’s jurisdiction framework.

Licenses/Registration

The protocol does not hold formal regulatory licenses like VASP or MiCA registration, operating instead as a permissionless DeFi platform without centralized oversight.

There’s no confirmed evidence that Coinstore holds formal VASP or MiCA registration, suggesting it’s not licensed under European or similar regulatory regimes.

Custody

Users retain full self-custody of their assets with no third-party custody; while audits and bug bounty programs bolster confidence, there’s no published proof of reserves or specified cold storage ratio.

Coinstore appears to manage assets in-house rather than through external custodians; no public proof-of-reserves, audits, or explicit cold storage percentages are provided on its platform.

Insurance & Protection Funds

There’s no on-chain insurance or formally designated protection fund from Raydium—risk mitigation relies on community governance, audits, and bounty incentives rather than external insurance mechanisms.

There’s no indication that Coinstore offers any form of insurance coverage or dedicated protection fund for user assets.

Incident History

In late 2022, Raydium suffered a significant liquidity exploit (~$5M) due to a private key compromise, after which emergency governance steps and DAO-funded compensation were enacted to address losses.

Coinstore has no widely known history of hacks, regulatory suspensions, account freezes, or public fines, indicating a relatively clean incident record in the publicly available data.

Risk Controls

Smart contracts are controlled via upgradeable programs safeguarded by Squads multisig; there’s an active bug bounty system, but typical end-user protections like 2FA, whitelists, or API permission tiers are not part of its non-custodial design.

The platform employs standard security features such as 2FA, and may offer API permissions and anti-phishing safeguards, but lacks mention of features such as address whitelists or granular sub-account controls.

Transparency

The platform maintains visible on-chain admin controls, regular audit disclosures, and governance updates, but does not provide formal monthly reports or SLAs—transparency is primarily through protocol documentation and community channels.

Coinstore does not publish monthly transparency reports or share public wallet addresses for client auditing, nor does it provide a formal SLA or guaranteed uptime documentation.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

Raydium does not support any fiat deposit methods—no bank transfer, card, or e-wallet options—so users must initially acquire crypto elsewhere before interacting with the protocol.

Coinstore enables fiat deposits through third-party providers like Mercuryo, Banxa, or Paxful—accessible via “Buy Crypto”—offering payment methods such as bank transfers, credit/debit cards, or e-wallets; transaction limits vary depending on the provider, with options typically starting at around $10, and completion times ranging anywhere from minutes to several hours or sometimes up to a day, depending on process and KYC timing

Supported Fiat Currencies & Conversion

Raydium does not support any fiat deposit methods—no bank transfer, card, or e-wallet options—so users must initially acquire crypto elsewhere before interacting with the protocol.

KYC (Verification Levels)

Being a decentralized protocol, Raydium requires no KYC at any level—there are no identity verification steps, thus no transaction limits or tiers tied to KYC status.

Coinstore employs two KYC tiers—Basic and Advanced—which unlock progressively higher withdrawal limits; for example, Basic allows single withdrawals up to 4,000 USDT and daily totals of 10,000 USDT, while Advanced increases these to 50,000 USDT per transaction and 300,000 USDT daily

Withdrawals

Limits, Timing & Networks

Withdrawals are subject to your KYC level limits, are processed via standard blockchain networks (e.g., ERC-20, TRC-20, BEP-20), and typically complete in alignment with network congestion—Coinstore itself doesn’t impose fixed withdrawal fees but passes on the actual network charges, and transactions may include necessary memos or tags depending on the coin

Customer Support

Raydium offers support through a help center, email, and active community forums like Discord and Telegram, but does not provide 24/7 live chat or guaranteed response times.

Coinstore offers 24/7 customer support through email, a live chat interface, and ticket submission; however, a call center is not available, and user feedback frequently notes delays and drawn-out resolution times, despite live-chat access being technically continuous

Languages & Localization

Raydium’s interface is primarily provided in English, with no native Spanish support, no fiat-denominated pricing, and no country-specific localization features for regulatory compliance or currency display.

The platform and help center support multiple languages—including English, simplified and traditional Chinese, Bahasa Indonesia, and Korean—while displaying transaction amounts in local fiat formats where supported; however, localized regulatory disclosures vary depending on user region

App Quality & Stability

Raydium’s mobile app supports full DeFi functionality with a smooth interface and high responsiveness; while exact crash metrics aren’t published, user feedback indicates consistent performance and frequent feature refinements.

Coinstore’s app utilizes TradingView integration for charting and appears to be regularly updated, offering a responsive mobile and web trading experience; although there’s no publicly available data on crash rates or explicit stability metrics, the platform does emphasize a seamless UI in partnership with TradingView tools.

Experience, Performance & Ecosystem

UX/UI

Raydium’s revamped V3 interface delivers a cleaner, more intuitive navigation, consolidating pools, dashboards, and portfolio elements into one layout; while it doesn’t offer separate “Lite” or “Pro” modes, the design balances simplicity for newcomers with advanced routing features beneficial to experienced DeFi users.

Coinstore delivers a clean and intuitive interface tailored for newcomers, without separate “Lite” and “Pro” tiers; there’s no steep learning curve, making it especially approachable for casual or first-time traders, though advanced users may find some features limited.

Performance

With Solana’s high throughput under the hood, Raydium provides fast order execution and smooth interface performance, though network congestion on Solana can occasionally introduce delays during extreme volatility or high-traffic periods.

The platform tends to execute trades with acceptable speed, but during high-volatility spikes, users report occasional app lag and platform instability; bull-market KYC queues have sometimes delayed onboarding or higher-tier access.

Education

Raydium offers educational content through its Academy and governance forums, but lacks built-in demo or simulator tools and has limited Spanish-language resources, relying mostly on English documentation and community translations.

Coinstore offers basic educational content and news via its platform, but lacks a dedicated academy, demo simulator, or Spanish-language learning materials—leaving room for improvement for non-English speakers and hands-on practice features.

Community

Raydium maintains an active base across Discord, Telegram, Twitter, and governance town halls, fostering strong community engagement and support—though it doesn’t currently offer a formal referral program.

Coinstore maintains official Telegram channels for updates and community interaction, and runs a referral program offering standard 30% trading fee rebates (up to 60% for affiliates) on spot and futures trades—though no web forums or Discord server appear available.

Integrations

Raydium supports SDK and API access, allowing third-party integration with tax platforms, external bots, and accounting tools; however, it lacks native TradingView integration, so charting relies on built-in graph elements or external platforms.

The platform includes its own built-in charting tools and APIs for automation, but it does not support TradingView integration, external trading bots, or tax/accounting tool compatibility—limiting ease of integration with third-party trading ecosystems.

Who Each One Is Best For

Raydium shines for users immersed in the Solana ecosystem who value fast, composable DeFi trading and liquidity tools, while casual crypto users or those seeking multi-chain, fiat-based simplicity may find interfaces like centralized exchanges or cross-chain DEXs more accessible.

Coinstore is best suited for beginner to intermediate crypto traders who value simplicity, access to a wide asset range, and mobile-first convenience; it’s less ideal for advanced traders seeking deep analysis tools, full automation, or comprehensive educational modules.