Introduction
CoinUp.io came onto the scene in 2021. Registered in Singapore, styled as a global hub - with a Cayman base and operations across Canada, Hong Kong, and Singapore. Quiet start, then growth happened fast.
What CoinUp.io puts on the table
Spot trading, derivatives, token issuance, and asset management. Derivatives with maker fees at 0.02% and taker at 0.06%. Spot trades at around 0.2%. Fiat ramps across dozens of currencies. A fintech-meets-crypto setup, pitched to global users.
Why it mattered initially
It wasn’t just another spot exchange. CoinUp.io said: we handle derivatives too, and provide 24/7 support. UX felt slick, promises heavy on tech and risk controls. For users early on, it looked like a full-service hub.
Volume and traction
By mid-2025, CoinUp.io hit $1.5 billion in daily spot volume, ranking 46th globally. Now trackers show around $1.9 billion in 24h volume, with 356 coins and 368 pairs live. Liquidity is real, though trust scores remain middling.
What users see
The app feels modern. Futures, spot, copy trading, APIs all sit in one dashboard. Floating tickers, clean charts. Pros get tools they need. Beginners may feel crowded, but still manageable.
Strengths and weaknesses
Strengths
- Huge trading volume - top 50 globally by 2025
- Wide product suite - spot, derivatives, issuance, asset management
- Competitive fees - contracts at 0.02% maker, 0.06% taker
- Fiat support across dozens of currencies
- Tech risk controls and 24/7 service
Weaknesses
- Trust issues - low Trustpilot score with withdrawal complaints
- Anonymous leadership - little public face
- Reports of frozen accounts and blocked withdrawals
- Middling trust score - around 4/10 reliability
Trust and red flags
Trustpilot reviews paint a mixed picture. Reports of frozen accounts, blocked withdrawals, ignored appeals. Some call it scammy. Interface still praised - but user trust erodes when funds get stuck.
Ecosystem and positioning
CoinUp.io rides the derivatives trend, scaling volume quickly. Token diversity attracts traders. Yet it lacks strong narrative or PR push. It stays quiet - until its numbers make noise.
Present-day status
As of mid-2025: active, with daily billions in volume. Liquidity sits deep on trending pairs. Interface holds. But chatter about service issues hasn’t faded.
How it feels to use
It feels like a Swiss army knife. Spot and derivatives side by side, fiat all over. Smooth, clean. But users must trust it - if issues strike, support won’t inspire confidence.
Lessons from CoinUp.io
Volume pulls eyes, but trust keeps users. Derivatives boost growth, fiat ramps widen reach. Yet steady trading can hide weak support. Transparency and reliability matter long-term.
Final word
CoinUp.io isn’t a fad. It pushes billions, offers broad tools. But complaints are real. For pros, it’s usable. For cautious traders, red flags matter. Powerful and slick, but trust remains the question.