Quick overview
Koinim is a Turkish crypto exchange founded in 2013, offering basic BTC/TRY and LTC/TRY trading, fiat deposits via Lira, and simple spot trading - but it struggles with limited pairs, low liquidity, and regional focus.
What it offered
Koinim is one of Turkey’s oldest crypto exchanges, focused on easy Bitcoin and Litecoin trades against the Turkish Lira. Established in Istanbul, it's built for local users and manual bank deposits. With no margin trading or major token variety, it sticks to the basics.
Volume and activity now
Liquidity on BTC/TRY and LTC/TRY pairs is modest, with daily volume in low thousands of dollars. That works fine for smaller trades but isn’t ideal for large orders. On thin days, slippage can hit.
Execution and costs
Trading fees are fixed - around 0.4% per trade for both makers and takers according to public data. Withdrawals cost roughly 0.001 BTC per transaction. Fiat deposits are free, but Turkish investors shoulder the full bank transfer process.
Security and structure
Koinim uses standard security - 2FA, cold storage, and mandatory identity checks before trading. There’s no public proof-of-reserves or big audits, but it holds a neutral 3.2/5 rating on Trustpilot. Most user feedback praises simplicity and price clarity, though some report slow withdrawal support.
Interface and access
The interface is clean and straightforward, ideal for beginners or local traders. There’s no mobile app or multi-language support - everything is in Turkish. Customer support works weekdays only, and responses can be slow.
Pros and cons
- Simple BTC/LTC trading with Turkish Lira
- No deposit fees for fiat
- Clean, basic interface for local users
- Straightforward, flat-rate trading costs
- Very limited token selection
- Low liquidity and volume on pairs
- No margin or advanced trading options
- No mobile app or international support
Final thoughts
Koinim is a useful swap for Turkish users wanting straightforward BTC or LTC trades via Lira. It offers reliable basics with minimal fuss. But if you need a wider coin selection, deeper liquidity, mobile access, or faster support, it falls short. It’s a local tool with a simple purpose - not a global exchange alternative.