About Coin Motion
Coinmotion is a Finnish-based cryptocurrency exchange and wallet service specializing in offering secure crypto trading and storage to European users, with a strong emphasis on Euro (EUR) transactions. Established in 2012 and operating under both Finnish and EU regulatory frameworks, Coinmotion seeks to provide a compliant and trustworthy platform for individuals interested in buying, selling, and storing major digital assets. The exchange supports key cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC).
Users benefit from a streamlined experience: Coinmotion offers SEPA bank transfers for quick, cost-efficient EUR deposits and withdrawals, multi-signature wallet security, and a user-friendly interface accessible via web and mobile apps. An added feature is the crypto savings account, enabling users to earn interest on stored digital assets—a relatively rare service among EU-based exchanges. Educational resources and customer support in several major European languages further distinguish the platform. However, Coinmotion is most suitable for individuals seeking basic buy/sell/trade capabilities and simple portfolio storage, rather than advanced or high-frequency traders.
What are alternatives for Coin Motion
👍 Pro's of using Coin Motion
- EU-regulated and based in Finland, ensuring strong compliance and consumer protections.
- Simple, transparent EUR deposits and withdrawals via SEPA transfers, making it convenient for European customers.
- User-friendly interface and onboarding process; suitable for both beginners and experienced users.
- Offers a crypto savings account with interest-earning options on digital assets.
- Strong security features, including two-factor authentication and cold wallet storage.
- Mobile apps available for both iOS and Android platforms.
- Educational content and multi-language customer support tailored to European users.
👎 Con's of using Coin Motion
- Limited range of supported cryptocurrencies compared to larger global exchanges.
- No advanced trading features (e.g., margin, derivatives, or crypto-to-crypto pairs), limiting appeal for professional traders.
- Trading fees may be higher than some international competitors, especially for high-volume traders.
- Occasional delays reported in EUR withdrawals, depending on banking partners and SEPA timelines.
- Primarily focused on the European market; users outside the EU may face restrictions or lack access.
