Coinfield Review

This CoinField review covers the exchange’s features, fees, access, and overall user experience so you can decide if the platform aligns with your trading goals.

CoinField is a Canada-based cryptocurrency exchange that went live in January 2018. The service emphasizes simplicity, 24/7 customer support, and a transparent, security-focused approach—key factors we consider when choosing a platform to trade digital assets. In practical terms, CoinField appears legitimate in the sense that it is an established, operating exchange with published fee information, clear country restrictions (including not serving U.S. residents), and a structured onboarding flow that uses third-party identity verification. That said, this review does not independently verify CoinField’s licensing or registration status in every jurisdiction where it operates, so you should confirm the regulatory disclosures shown for your region during onboarding before funding an account. On trust, CoinField’s security posture still depends on how you manage account safety (for example, using any available two-factor authentication and withdrawal confirmations), and we did not see an exchange-run insurance guarantee stated in the material covered here; for that reason, many users limit the amount they keep on any centralized exchange to what they need for active trading. We also did not identify a specific, widely referenced platform-level security incident discussed in the sections covered in this review, but that is something to recheck periodically as part of ongoing due diligence.

Registration is streamlined through Jumio’s identity verification, which reportedly takes about 30 seconds. You submit one government-issued identification document and a selfie, and the system completes the verification check.

At the time of our 2026 update, public data on CoinMarketCap indicated activity in a similar range to earlier references ($17 million on 2 December 2021 versus $20.3 million on 9 September 2021). Liquidity is workable for everyday users, though there is clear room for improvement.

If you prefer to manage your account on the go, the platform also supports mobile use, letting you monitor markets, place orders, and track performance from your phone.

Exchange interfaces vary, and there is no single best layout for every user. Most trading views include an order book (full or partial), a price chart, recent trades, and buy/sell panels. Preview the interface first to confirm it matches your workflow. Below is a snapshot of CoinField’s layout:

Trading Fees

Each transaction pairs two roles: makers place resting orders that add liquidity to the book, while takers execute against those orders and remove liquidity. Understanding which role applies to your order helps you anticipate costs.

CoinField’s fees are broadly in line with global averages reported in January 2021 (0.217% for takers and 0.164% for makers). Fees are tiered by 30‑day trading volume, with potential discounts available to users holding specified amounts of Solo tokens.

Withdrawal Fees

Bitcoin withdrawals cost 0.0015 BTC, which is materially higher than the global average of roughly 0.0006 BTC per BTC withdrawal. Withdrawal fees for other cryptocurrencies (and any fiat withdrawals, where available) can vary by asset and transfer rail, and they may also change over time based on network conditions or banking partners. Processing times typically range from minutes to hours for many crypto withdrawals (depending on blockchain confirmations) and can be longer for fiat withdrawals, while limits are usually tied to your verification level and the specific asset you are withdrawing.

Bottom line on costs: trading fees are competitive, but Bitcoin withdrawal pricing sits on the expensive side.

Overall, CoinField can be a good fit if you want a straightforward exchange with mobile access and responsive support, and you mainly care about competitive trading fees. The main drawbacks are higher Bitcoin withdrawal costs, middling liquidity compared with top-tier venues, and limited availability in certain jurisdictions (including the U.S.).

• Bank transfers (for example, Sepa). Processing time depends on your bank and can take from same day to a few business days. Minimums and maximums vary by region and verification level.
• Credit and debit cards (Visa, Mastercard). A 2.95% processing fee applies. Deposits typically post quickly, but limits can depend on your card issuer and verification level.
• Faster Payments Service. Available to eligible U.K. customers as of 21 October 2020. Transfers may arrive within minutes, subject to bank cutoffs and account limits.

The exchange also supports cryptocurrency deposits for supported assets; processing time depends on network confirmations, and minimum deposit amounts can apply.

CoinField supports trading and deposits for cryptocurrencies such as Bitcoin (BTC) and the Solo token, alongside additional assets that can vary over time and by jurisdiction.

In addition to a broad selection of cryptocurrencies, the platform supports six fiat currencies:

• U.S. dollar
• Canadian dollar
• Euro
• British pound
• Japanese yen
• United Arab Emirates dirham