Coincall Review Overview
Coincall launched in 2022 and, within about 18 months, reportedly reached the top 5 global crypto options exchanges by trading volume. It is operated as Vaneda Partners LTD, a Panama-registered company. Its cited registrations are a US FinCEN money-services-business (MSB) registration and a Polish crypto-asset-service registration — both anti-money-laundering compliance registrations, not authorizations to run a trading business from a securities or derivatives regulator.
| Specification | Detail |
|---|---|
| Operating Company | Vaneda Partners LTD (Panama) |
| Founded | 2022 |
| Registrations | US FinCEN MSB; Poland crypto-asset registration |
| Focus | Altcoin options and futures |
Products
Coincall specializes in options trading on over 70 altcoins — a notably wider range than most exchanges, which typically limit options to Bitcoin and Ethereum — alongside futures contracts and non-liquidation futures. It offers both a ‘Lite’ mode for beginners and a ‘Pro’ mode for experienced traders, plus an in-house Coincall Academy for education.
Custody
Coincall states that customer assets are held with third-party custodians rather than solely on its own platform, which is a meaningful security practice, though it does not substitute for a trading-conduct license.
Pros and Cons
| Pros | Cons |
|---|---|
| 70+ altcoin options — a notably wide selection | Operator registrations are AML-only, not a trading license |
| Third-party custody stated | Panama-registered operator |
| Lite and Pro trading modes for different experience levels | Very short operating history (since 2022) |
Is Coincall a Broker Worth Considering?
Coincall’s altcoin-options breadth is a genuine differentiator, but its FinCEN and Polish registrations are anti-money-laundering compliance steps, not a trading license, and its Panama-based operator has a short track record. Readers should verify all claims independently and use caution with options and futures leverage.
FAQ
- Is Coincall regulated?
- It holds a US FinCEN MSB registration and a Polish crypto-asset registration, both anti-money-laundering registrations rather than a trading license.
- What does Coincall specialize in?
- Options trading on 70+ altcoins, plus futures.
- Who operates Coincall?
- Vaneda Partners LTD, registered in Panama.
- Does Coincall use third-party custody?
- It states that it does.
