You can deposit any supported currency/asset into CoinList to fund your account. Once your funds are in your CoinList wallet, you will be able to immediately transfer them to CoinList Pro. There are no transaction fees when moving funds from your CoinList wallet to your CoinList Pro wallet.
You can withdraw any supported currency/asset out of CoinList to a wallet of your choice. There are no transaction fees when moving funds from your CoinList Pro wallet to your CoinList wallet.
Can I deposit dollars, euro, yen, or other currencies into my account?
Is there a fee to deposit funds in my account?
Where can I see a history of my deposit activity?
In order to invest through CoinList, you need to pass identity verification and KYC/AML (Know Your Customer/Anti-Money Laundering) checks. These checks apply equally to U.S. and non-U.S. residents. In general, you will need to provide name, address, a selfie, and government-issued ID image.
You can learn more about KYC/AML here.
1. What is MINA staking?
MINA is the native utility token for the Mina blockchain. Instead of using miners and a Proof-of-Work (PoW) consensus mechanism to verify transactions and maintain the integrity of the Mina blockchain, Mina uses a Proof-of-Stake consensus mechanism. This means that network participants are able to stake a certain amount of MINA for the right to honestly verify transactions on Mina and receive rewards for doing so. Additionally, MINA owners are able to lock their tokens and vote for these network participants, known as validators. MINA holders that lock and vote their tokens receive additional MINA as a reward for voting for honest and active validators on the network. CoinList manages the locking and voting for users who deposit MINA into their CoinList wallet so they can passively receive additional MINA.
2. How do I earn MINA staking rewards on CoinList?
When you deposit or purchase MINA on CoinList, you may be eligible to receive staking rewards by keeping MINA in your CoinList Wallet. Once you deposit MINA into your CoinList Wallet, you are automatically opted into staking rewards. There is no action on your end required to participate. Please note that MINA held on CoinList Pro do not earn staking rewards.
3. How much are MINA staking rewards?
You can find the most current staking reward amount on the Staking page (https://coinlist.co/staking) of your account. Please note that CoinList does not guarantee any reward will accrue, and the amount of the reward is subject to change at any time. The estimated reward takes into account CoinList’s fee.
4. What fees are charged for this staking service?
A 15% fee will be taken from your earned staking rewards. Your staked principal will not be affected by the fee.
5. Do I have to buy my MINA on CoinList to earn staking rewards?
No. Users who have procured their MINA from other means or trading venues are able to deposit their MINA into their CoinList Wallet and automatically be enrolled in the staking rewards program.
6. Who is eligible to earn MINA staking rewards on CoinList?
Anyone who is able to open up a wallet on CoinList and deposit MINA into their account is eligible for MINA staking rewards on CoinList. CoinList Wallets are not available in all jurisdictions, please visit this page to see our list of approved jurisdictions. Not available for citizens and residents of the US and Canada.
7. What are MINA staking rewards paid out in?
MINA staking rewards on CoinList are paid out in MINA. This means you will accrue additional MINA by keeping your MINA in your CoinList wallet.
8. When will I receive my MINA staking rewards?
Once per month, CoinList will distribute rewards to users pro-rata of their average holdings over the month. We will notify you via email once your rewards have been distributed into your CoinList wallet.
9. Will my staking rewards be automatically re-staked? Are MINA rewards compounding?
Yes, your MINA staking rewards are automatically re-staked and earning additional rewards unless you withdraw or trade them. MINA rewards are compounding daily, but are only distributed once per month.
10. Who is the MINA staking provider for CoinList?
Currently, MINA tokens held in CoinList Wallets are delegated to Figment, a professional staking service.
11. Can I choose who my MINA tokens are delegated to?
CoinList does not include the functionality to choose to whom your tokens are delegated (i.e. they are automatically delegated to Figment). In order to choose who your tokens are delegated to, you will need to transfer your MINA tokens to a wallet that you control yourself.
12. How do I opt-out of MINA staking rewards?
You will automatically receive staking rewards by holding MINA in your CoinList Wallet. If you would like to opt-out of MINA staking rewards, go to the Staking page > Select MINA > Select “…” for more options > Toggle “Auto stake assets” off. Please note that if you opt out of staking, your earned staking rewards will be distributed at the end of the month along with the regular staking reward distributions. You will not receive your earned staking rewards early.
13. Have I been earning block rewards since the sale date?
Yes. The MINA tokens you purchased have been earning staking rewards since the sale. These accrued rewards will be paid into your CoinList Wallets on May 31 when your tokens unlock.
14. How do I earn “Supercharged Rewards”?
“Supercharged Rewards” are automatically enabled for the MINA tokens you purchased on CoinList. You do not need to take any action to activate these rewards. The staking rewards you will be paid on May 31 (and each month thereafter for the first 15 months after mainnet launch) include Supercharged Rewards. More information about Supercharged Rewards can be found here.
All questions can be sent submitted through our help portal.
Karma is a point system that rewards you for your activities on CoinList. Karma increases your chance of getting into Token Launches and exclusive offers when you contribute to crypto protocols. Earn for doing good for crypto!
Our Karma program continues to evolve and as it does, we will provide additional information. CoinList retains the right to modify the terms of the Karma program at any time.
CoinList waits for 30 confirmations to consider an ETH or ERC-20 transaction final. Although typically this should only take about ~ 5 minutes, this can take anywhere from 5 minutes to 4 hours. Especially during periods of high network congestion, the transaction can take longer. You can see the number of confirmations in your CoinList wallet.
To unwrap WBTC into BTC, you first need to have WBTC in your CoinList wallet. Once your wallet is funded with WBTC:
WBTC will be debited from your WBTC wallet and you will receive BTC in your BTC wallet.
Please note that you will have two different wallets. You will not receive BTC in your WBTC wallet.
You can deposit any supported currency/asset into CoinList to fund your account. Once your funds are in your CoinList wallet, you will be able to immediately transfer them to CoinList Pro. There are no transaction fees when moving funds from your CoinList wallet to your CoinList Pro wallet.
You can withdraw any supported currency/asset out of CoinList to a wallet of your choice. There are no transaction fees when moving funds from your CoinList Pro wallet to your CoinList wallet.
Can I deposit dollars, euro, yen, or other currencies into my account?
Is there a fee to deposit funds in my account?
Where can I see a history of my deposit activity?
CoinList Pro allows you to choose between submitting orders with a single-click or receiving a notification containing your order details which must be affirmed in order to submit the order into the market.
To manage your order notification settings, click on the dropdown menu in the upper right of the platform, select Account Settings, choose My Preferences, and then enable or disable notifications by using the control next to “Display confirmation dialog before placing trades.”
Note: disabling order notifications will result in orders being submitted immediately into the market upon placement. Please exercise caution when utilizing one-click trading.
CoinList Pro allows you to control the amount of order status update messages that you receive.
To manage your order status updates, click on the dropdown menu in the upper right of the platform, select Account Settings, choose My Preferences, and then enable or disable notifications by using the control next to “Display notifications for order status updates.”
Once you’ve provided that information, the last step is to set up 2FA for your account. We recommend using common 2FA applications like Google Authenticator, Duo, or using an Yubikey.
In order to access CoinList Pro’s API, you will need to generate an API key and secret. API keys represent read, write, and/or fund transfer entitlements on a specific CoinList entity's trading account.
To get your unique API key, click on the dropdown menu in the upper right of the CoinList Pro platform, select API, and then click Create New Key.
Here is the direct link to CoinList Pro’s API documentation.
To access CoinList Pro's API documentation from the trading platform, click on the dropdown menu in the upper right of the platform, select API, and then click API Documentation.
CoinList Pro’s order book supports canceling working orders when in trade mode.
You can cancel individual working orders or cancel all working orders quickly in CoinList Pro’s order module. To cancel individual orders, simply click the trash can icon next to the order you wish to cancel.
Market orders refer to trades that are purchasing a given asset at the current market price (i.e. spot price) for the asset. You can place a market order by following these instructions:
CoinList Pro supports several order types, including:
A market order is the most straightforward type of order. It executes immediately against the best price available. As long as there are willing buyers and sellers, market orders are filled.
A market sell will match the best available bids on the order book, and a market buy will match against the best available asks on the order book.
Market orders are often used when you need to prioritize speed over price, for example, when taking advantage of a fast-moving bull run. You'll use this order when you need your trade to execute immediately at the current best price available.
A limit order allows you to specify a price and amount you would like to buy or sell at.
Example: If the current market price is 8000 and you want to buy lower than that at 7900, then you would place a limit buy order at 7900. If the market reaches 7900 and a seller’s ask matches with your bid, your limit order will be executed at 7900.
CoinList Pro supports two kinds of triggerable orders: stops and take profits. These are orders that aren't added to the order book until some price threshold is reached.
A stop market or stop limit order is an instruction to add a market or limit order to the book once the trigger price has crossed the stop price. By default, the stop price indicates the mark price at which to trigger the stop, but stops may also be configured to trigger on last trade price or underlying index price rather than mark price.
Stop orders rest in the matching engine until the trigger price goes 'outside' the stop price:
Upon triggering, the stop order is converted to a regular market or limit order. This order becomes available for execution in the first auction following the one which triggered the stop. The order will incur the standard fees, as any order inserted at the time of the trigger would.
While it is untriggered, a stop order is invisible to other traders, and is not included in the book. Once it is triggered it becomes visible (as it is now a normal market or limit order).
Note that the time priority of the order is based on the time at which it was triggered, rather than the time at which the stop was last updated.
A stop market order may be specified with either a fixed or percentage trail value, which causes the stop price to be pegged to no more than a fixed offset away from the order's trigger price (which is a mark price, index price, or last trade price, depending on the order's specified trigger type).
When the trigger price moves away from the current stop price, the stop price is moved as well, thus the stop price trails the trigger price. (Note however that when the trigger price moves towards the current stop price, the stop price doesn't change, otherwise the order would never trigger.)
For example, on a stop market sell order, setting a $-100 trail value will have the effect of setting the stop price $100 below the trigger price. If the trigger price is $1000 at the time the order is entered, the stop price will be $900. If the trigger price moves up to $1050, the stop price will be updated to $950. If the trigger price then moves down to $990, the stop price will stay at $950, and if the trigger price keeps moving all the way down to $950, the order will be triggered, and will convert to a normal market sell.
In other words, the stop price of a stop sell order will move up along with the market, but is kept constant as the price falls towards the stop (and vice-versa for a stop buy order).
A take market or take limit order is the same as a stop market or limit order, but with the trigger directions reversed. That is:
The post-only order is a limit order that ensures the order will be added to the book and not match with a pre-existing order. If your order matches with a pre-existing order, your post-only limit order will be rejected.
The Post-Only Order ensures that you will receive the maker rebate, and not pay a taker fee. It prevents placing a limit buy order that matches against the sell side of the order book (and vice versa, for sell orders), which would normally result in taker fees.
In order to prevent prevent large slippage on the exchange, CoinList Pro employs price protections on its market and limit orders.
This is the maximum (buy market) and minimum (sell market) price that can be executed via a market order. If a market order has remaining unfilled quantity, it will effectively become a resting limit order at the maximum/minimum price.
This is the maximum buy limit and minimum sell limit price that can be submitted via a limit order. There is no minimum limit on a buy limit price or maximum limit on a sell limit price.
If an order is a Stop Limit Order, the Reference Price is the Stop Price, otherwise it is chosen in the following order:
1. Last Trade Price
2. Best bid if it is higher than, or best ask if it is lower than, the previous midpoint quote.
In theory, a Maker is an order that adds liquidity to the order book and a Taker is an order that removes liquidity.
In practice, there are some edge cases on CoinList Pro that one should be aware of.
1. A market order is a taker unless:
2. A limit order is a maker unless:
Currently, CoinList Pro accepts BTC, ETH, ALGO, OXT, and USD on the exchange. Supported trading pairs include:
If you attempt to deposit anything but these coins to your CoinList wallet on the exchange, you will not receive it. CoinList is not responsible for any lost funds.
We plan to support additional cryptocurrencies in the future. If there are specific coins that you would like to be supported on CoinList Pro, please visit our Help Center and let us know.
All orders that are actively working in your account can be viewed in the orders module. This will include orders for all pairs you are trading as the default, which can be filtered to the currently selected asset to focus exclusively on one trading pair.
CoinList Pro’s “Orders” module shows your order history, including orders that have been filled, canceled, and rejected.
CoinList Pro’s orders module shows your filled orders in two different places: Fills shows you exclusively filled order activity and Order History shows fills along with other order activity.
CoinList Pro’s order book can be used to place trades and manage orders directly on the order book, allowing you to take trading action while you view market depth.
Order book trading includes:
Open positions can be quickly closed and all working orders for a contract can be canceled when using CoinList Pro’s order book in trade mode.
To close an entire position and cancel all working orders for a particular contract, click on the manage dropdown and select Close Positions.
Note: This feature uses a single market order to close the position, which could impact the price at which the position is closed depending on market conditions and liquidity when the order is placed.
Open positions can be quickly closed and all working orders for a contract can be canceled directly from CoinList Pro’s positions module.
To close an entire position and cancel all working orders for a particular contract, click on the X next to the contract position you wish to close and select Close Positions.
Note: This feature uses a single market order to close the position, which could impact the price at which the position is closed depending on market conditions and liquidity when the order is placed.
Your order size can be entered in two ways when using Order Entry to place an order:
When choosing either order size option, you will be able to reference the other value, which will automatically populate once you enter the desired contract quantity or notional value, before placing the order.
To select the desired order size method, click the dropdown menu in the quantity/notional value field.
Maximum order sizes can be rapidly determined with one-click in Order Entry, allowing you to quickly go “all-in” if a trading opportunity is presented.
To quickly size your order with the maximum buying or selling power in your account, simply click the max buy or max sell buttons, and the quantity or notional value will automatically populate with the largest order size possible for your account.
Order confirmations can be turned on and off in order to facilitate the trading experience that you want.
If the order confirmation is enabled, a window will be displayed after clicking the buy or sell button on Order Entry, which will show order information and either require the confirmation of the buy or sell action to actually submit the order or choosing to halt the order from being submitted by clicking Cancel or closing out of the order confirmation window.
If the order confirmation is disabled, one-click trading is activated and clicking the buy or sell button will submit your order without any additional pre-trade confirmation.
To enable or disable the order confirmation, click on Settings in Order Entry and either check to enable or uncheck to disable.
CoinList Pro’s chart supports multiple timeframes, allowing you to easily view market data across different periods of time.
To change timeframes, click the periodicity dropdown and select the desired period.
The following timeframes are currently supported:
CoinList Pro’s chart supports multiple charting styles, allowing you to visualize market data just the way you want.
To change the chart style, click the candle icon between the periodicity dropdown and the compare dropdown and select the desired style.
The following chart styles are currently supported:
CoinList Pro’s chart allows you to add a second product to a chart in order to conduct comparison analysis and explore the price relationship between two assets.
To add a second symbol to the chart, click on compare in the lower right of the chart area and select the desired asset that you wish to add for comparison.
The depth of the order book prices can be adjusted to increase or decrease the increments between price levels that are displayed.
To adjust the displayed price levels, click on the controls (- and +) in the lower right of the Order Book.
CoinList Pro’s orders module can be configured to view the information that is most important to you about your account orders.
To adjust the displayed columns, click on the settings button, select Manage Columns, choose the order data you would like to be displayed, and click Done.
CoinList Pro’s orders module can be easily reset to the default display if you have made changes that you would like to undo.
To reset the displayed columns, click on the settings button and select Reset Widget.
In order to invest through CoinList, you need to pass identity verification and KYC/AML (Know Your Customer/Anti-Money Laundering) checks. These checks apply equally to U.S. and non-U.S. residents. In general, you will need to provide name, address, a selfie, and government-issued ID image.
You can learn more about KYC/AML here.
All questions can be sent submitted through our help portal.
CoinList is discontinuing support for AngelList logins on CoinList. All legacy AngelList login users were assigned a CoinList account that is associated with their AngelList email. This account contains all of the CoinList account history associated with your AngelList login.
What do I need to do?
To login to your CoinList account, simply click “forgot password” on the CoinListlog in page to generate a new password.
The new password will be unique to your CoinList account and will not impact your AngelList account.
In order to access wallets and trading on CoinList, you may be required to submit additional KYC documentation and set up two-factor (2FA) authentication for your CoinList account.
Your AngelList 2FA will not carry over to your CoinList account. If you are experiencing issues with your 2FA, you may need to disable your 2FA and re-enable. You can find these settings under "Account" and "Security." If you continue to have issues, please submit a help request on our Help Center to have your 2FA reset.
If you have already completed these steps, then no further action is required beyond resetting your CoinList password.
Your SSN is required under our KYC/AML policy, a process set by our banking provider. We verify US investor's social security number and birthdate against credit records then verify the investment signatory against OFAC and similar databases to flag prohibited or high risk persons and entities.
1. What is MINA staking?
MINA is the native utility token for the Mina blockchain. Instead of using miners and a Proof-of-Work (PoW) consensus mechanism to verify transactions and maintain the integrity of the Mina blockchain, Mina uses a Proof-of-Stake consensus mechanism. This means that network participants are able to stake a certain amount of MINA for the right to honestly verify transactions on Mina and receive rewards for doing so. Additionally, MINA owners are able to lock their tokens and vote for these network participants, known as validators. MINA holders that lock and vote their tokens receive additional MINA as a reward for voting for honest and active validators on the network. CoinList manages the locking and voting for users who deposit MINA into their CoinList wallet so they can passively receive additional MINA.
2. How do I earn MINA staking rewards on CoinList?
When you deposit or purchase MINA on CoinList, you may be eligible to receive staking rewards by keeping MINA in your CoinList Wallet. Once you deposit MINA into your CoinList Wallet, you are automatically opted into staking rewards. There is no action on your end required to participate. Please note that MINA held on CoinList Pro do not earn staking rewards.
3. How much are MINA staking rewards?
You can find the most current staking reward amount on the Staking page (https://coinlist.co/staking) of your account. Please note that CoinList does not guarantee any reward will accrue, and the amount of the reward is subject to change at any time. The estimated reward takes into account CoinList’s fee.
4. What fees are charged for this staking service?
A 15% fee will be taken from your earned staking rewards. Your staked principal will not be affected by the fee.
5. Do I have to buy my MINA on CoinList to earn staking rewards?
No. Users who have procured their MINA from other means or trading venues are able to deposit their MINA into their CoinList Wallet and automatically be enrolled in the staking rewards program.
6. Who is eligible to earn MINA staking rewards on CoinList?
Anyone who is able to open up a wallet on CoinList and deposit MINA into their account is eligible for MINA staking rewards on CoinList. CoinList Wallets are not available in all jurisdictions, please visit this page to see our list of approved jurisdictions. Not available for citizens and residents of the US and Canada.
7. What are MINA staking rewards paid out in?
MINA staking rewards on CoinList are paid out in MINA. This means you will accrue additional MINA by keeping your MINA in your CoinList wallet.
8. When will I receive my MINA staking rewards?
Once per month, CoinList will distribute rewards to users pro-rata of their average holdings over the month. We will notify you via email once your rewards have been distributed into your CoinList wallet.
9. Will my staking rewards be automatically re-staked? Are MINA rewards compounding?
Yes, your MINA staking rewards are automatically re-staked and earning additional rewards unless you withdraw or trade them. MINA rewards are compounding daily, but are only distributed once per month.
10. Who is the MINA staking provider for CoinList?
Currently, MINA tokens held in CoinList Wallets are delegated to Figment, a professional staking service.
11. Can I choose who my MINA tokens are delegated to?
CoinList does not include the functionality to choose to whom your tokens are delegated (i.e. they are automatically delegated to Figment). In order to choose who your tokens are delegated to, you will need to transfer your MINA tokens to a wallet that you control yourself.
12. How do I opt-out of MINA staking rewards?
You will automatically receive staking rewards by holding MINA in your CoinList Wallet. If you would like to opt-out of MINA staking rewards, go to the Staking page > Select MINA > Select “…” for more options > Toggle “Auto stake assets” off. Please note that if you opt out of staking, your earned staking rewards will be distributed at the end of the month along with the regular staking reward distributions. You will not receive your earned staking rewards early.
13. Have I been earning block rewards since the sale date?
Yes. The MINA tokens you purchased have been earning staking rewards since the sale. These accrued rewards will be paid into your CoinList Wallets on May 31 when your tokens unlock.
14. How do I earn “Supercharged Rewards”?
“Supercharged Rewards” are automatically enabled for the MINA tokens you purchased on CoinList. You do not need to take any action to activate these rewards. The staking rewards you will be paid on May 31 (and each month thereafter for the first 15 months after mainnet launch) include Supercharged Rewards. More information about Supercharged Rewards can be found here.
Casper (CSPR) Staking on CoinList
1. What is Casper (CSPR) staking?
Casper is a layer-one blockchain built for application development and scalability. It aims to support enterprise applications without compromising cost, decentralization, or security. Casper uses a Proof-of-Stake (PoS) consensus protocol called Highway to secure the network and verify transactions. Casper rewards network participants for helping secure the blockchain through staking. CoinList will facilitate staking for users, for which CoinList takes a fee from staking rewards. Please note this fee is assessed only on the rewards earned and not your principal tokens. CoinList users who stake their CSPR receive rewards for their contributions.
2. How much are CSPR staking rewards?
You can find the most current staking reward amount on the Staking page (https://coinlist.co/staking) of your account. Please note that CoinList does not guarantee any reward will accrue, and the amount of the reward is subject to change at any time. The estimated reward takes into account CoinList’s fee.
3. How do I earn CSPR staking rewards on CoinList?
There are two ways to earn rewards while staking CSPR on CoinList.
Vault Staking (Discontinued)
Vault Staking has been discontinued for all assets.
Auto-Staking
Here all you have to do is hold your CSPR on CoinList and you will start earning rewards. Rewards for auto-staking will be distributed at the end of each month.
4. When will I receive my CSPR staking rewards?
Your rewards will be credited to your account on a monthly basis.
5. Will my staking rewards be re-staked automatically? Do CSPR rewards compound?
Yes, CSPR staking rewards are re-staked automatically and will continue to earn rewards until you withdraw or trade the CSPR you are holding on CoinList (auto-staking). CSPR rewards compound daily, but are only distributed monthly.
6. Do I have to buy my CSPR on CoinList to earn staking rewards?
No. You may deposit CSPR into your CoinList Wallet and lock your CSPR to earn staking rewards.
7. When will I be able to withdraw my CSPR staking rewards?
You can withdraw or trade unlocked CSPR any time.
8. Who is eligible to earn CSPR staking rewards on CoinList?
With the exception of US and Canadian residents, anyone who is able to open a wallet on CoinList and deposit CSPR into their account is eligible for CSPR staking rewards on CoinList. CoinList Wallets are not available in all jurisdictions, please visit this page to see our list of approved jurisdictions.
9. What are CSPR staking rewards paid out in?
CSPR staking rewards on CoinList are paid out in CSPR. You will not earn any additional rewards in ETH or any other digital asset or token.
Eligible CoinList users who trade qualifying crypto during the promotion period (1.11.2021 - 1.31.2021) may be eligible to receive a bonus in ETH paid directly to your CoinList Wallet. To be eligible to participate in this promotion you must have participated in the NuCypher WorkLock on CoinList. Bonuses are calculated based on total traded volume in USD during the promotion period, and will be paid out as a flat payment based on the tiers outlined in the payout structure below:
For example, if a user trades between $20,000 and $49,999 on CoinList.co or CoinList Pro, they will earn an additional Tier 2 bonus of $50. Bonuses will be distributed within 7 days following the campaign period. There is a maximum of one bonus per user. Trading qualifications are dependent upon geographical and regulatory restrictions. Terms subject to change.
Eligibility:
In order to be eligible for the referral bonus, users must be in one of CoinList Market's approved jurisdictions. Please see coinlist.co/legal for more details on approved jurisdictions.
Additionally:
Period:
Bonuses will be assigned on a first-come, first-serve basis during the campaign period: January 11, 2021 (1.11.2021) and January 31, 2021 (1.31.2021).
Reward Distribution:
For each eligible user, CoinList will deposit ETH into that user’s CoinList Wallet subject to eligibility. Bonuses will be distributed 7 days following the campaign period. The exact amount of ETH will be calculated at the market price of ETH at the time of distribution. Bonuses may not be the exact dollar amount due to ether’s market price fluctuations.
Additional Terms & Conditions:
You agree to be bound by the preceding rules (these “Rules”) and the CoinList Terms and Conditions, found here, by participating in this Trading Bonus Program. CoinList Markets does not guarantee any payment pursuant to these Rules. CoinList Markets reserves the right to change these Rules or cancel this Trading Bonus Program at any time in its sole and absolute discretion. CoinList Markets also reserves the right to render a user ineligible for participation in this referral program should it hold, in its sole discretion, that the user has engaged in any fraudulent, deceptive, abusive or unlawful behavior, including but not limited to Prohibited Use or Prohibited Businesses as those terms are defined in the Terms of Service, found here.
Trade on CoinList »
When you deposit or purchase a supported Proof-of-Stake (PoS) asset on CoinList, you may be eligible to receive staking rewards by having that asset in your CoinList wallet.
Once you deposit an eligible asset into your CoinList wallet, you are automatically opted into staking rewards. There is no action on your end required to participate, but you may opt-out of staking rewards at anytime from the Staking page > Select the asset > Select “…” for more options > Toggle “Auto stake assets” off.
Some crypto networks, like Bitcoin, use a Proof of Work (PoW) consensus mechanism where miners validate transactions by solving difficult math problems, other networks use a consensus mechanism known as Proof of Stake (PoS). In PoW networks, miners maintain consensus and secure the network, while PoS networks rely on participants known as validators to perform the same work.
Validators confirm transactions and maintain consensus on the network to maintain the integrity and security of the blockchain they’re validating. To ensure that validators are acting honestly, PoS networks require validators to stake a minimum amount of tokens native to that network. This stake can be aggregated from many users, not just the validator, and essentially acts as a security deposit – if a validator is confirming invalid transactions, then validators will lose part of the capital they staked. As compensation for their work and for the opportunity cost of capital, validators earn network rewards for their work. These rewards can be shared among their community for users who have provided additional stake.
Most PoS networks have different and unique consensus mechanisms and economic models. We recommend conducting your own research on each network before participating in any staking program.
1. What is AXL / WAXL staking?
Axelar is a proof-of-stake network that securely connects all blockchain ecosystems, applications, assets, and users to deliver Web3 interoperability. The AXL token is the utility token for the network, which supports security, decentralization, and ecosystem growth.
Axelar network security is based on delegated proof-of-stake. Axelar built permissionless technology that enables a path toward decentralization. AXL staking supports decentralization while allowing validators (and users who want to act as validators) to earn rewards.
2. What are the types of staking we offer for AXL and WAXL and how do I participate?
We offer auto-staking for both AXL and WAXL. To stake on CoinList, deposit AXL or WAXL into your CoinList Wallet and elect to stake them.
3. How much are AXL and WAXL staking rewards?
You can find the most current staking reward amount on the Staking page (https://coinlist.co/staking) of your account. Please note that CoinList does not guarantee any reward will accrue, and the amount of the reward is subject to change at any time. The estimated reward takes into account CoinList’s fee.
4. What fees are charged for this staking service?
A 15% fee will be taken from your earned staking rewards. Your staked principal will not be affected by the fee.
6. Do I have to buy AXL or WAXL on CoinList to earn staking rewards?
No. Users who have purchased AXL from other exchanges can deposit AXL into a CoinList Wallet and automatically enroll in the staking rewards program.
7. Who is eligible to earn AXL or WAXL staking rewards on CoinList?
AXL and WAXL staking is available in jurisdictions where AXL/WAXL is available for trading. Please visit this page to see our list of approved jurisdictions.
8. What are AXL or WAXL staking rewards paid out in?
If you stake AXL, rewards are paid out in the native version of the AXL token. If you stake WAXL, rewards are paid out in WAXL token.
9. When will I receive my AXL or WAXL staking rewards?
Rewards are distributed monthly.
10. Will my rewards be automatically re-staked? Are AXL rewards compounding?
Yes, your AXL or WAXL staking rewards are automatically re-staked and will earn additional rewards until you choose to trade or withdraw them.
11. Who are the AXL staking providers for CoinList?
Currently, AXL tokens held in CoinList Wallets are delegated to nodes operated by Everstake, Figment, BisonTrails, Forest Staking, and P2P Staking.
12. Can I choose the nodes my AXL tokens are delegated to?
CoinList does not include the functionality to choose the staking provider to which your tokens are delegated (i.e. they are automatically delegated to one of the providers listed above).
13. How do I opt out of AXL or WAXL staking rewards?
You will automatically receive staking rewards by holding AXL or WAXL in your CoinList Wallet. If you would like to opt-out of staking rewards, go to the Staking page > Select AXL > Select “…” for more options > Toggle “Auto stake assets” off. Please note that if you opt out of staking, your earned staking rewards will be distributed at the end of the month along with the regular staking reward distributions. You will not receive your earned staking rewards early.
14. Can I stake WAXL tokens?
Yes.
If you would like to opt-out of staking rewards for autostaked assets, follow the below steps.
1. Select Staking from within the navigation panel of your account.
2. Select the asset you would like to opt-out of.
3. Select “…” for more options.
4. Toggle “Auto stake assets” off.
1. Who is eligible for SUI Trading and Staking?
SUI trading and staking is prohibited for residents in the U.S. including all U.S. territories, Canada, and other unsupported jurisdictions.
2. How does SUI Staking work?
When you deposit or purchase SUI on CoinList, you may be eligible to receive staking rewards by keeping SUI in your CoinList Wallet. Once you deposit SUI into your CoinList Wallet, you are automatically opted into staking rewards. There is no action on your end required to participate. Please note that SUI held on CoinList Pro does not earn staking rewards.
4. What fees are charged for this staking service?
A 15% fee will be taken from your earned staking rewards. Your staked principal will not be affected by the fee. You can find updated information about the fees here.
5. Do I have to buy my SUI on CoinList to earn staking rewards?
No. Users who have purchased SUI from other exchanges can deposit SUI into a CoinList Wallet and enroll in the staking rewards program.
6. How much are SUI staking rewards?
Rewards are determined on the protocol level. You can see current staking rewards at https://coinlist.co/staking. The estimated reward takes into account CoinList’s fee.
7. Who is the SUI staking provider for CoinList?
SUI tokens held in CoinList Wallets are delegated to nodes operated by Everstake.
Stake SUI » https://coinlist.co/staking
Karma is a point system that rewards you for your activities on CoinList. Karma increases your chance of getting into Token Launches and exclusive offers when you contribute to crypto protocols. Earn for doing good for crypto!
Our Karma program continues to evolve and as it does, we will provide additional information. CoinList retains the right to modify the terms of the Karma program at any time.
Your Legacy Karma is all the Karma you earned from the legacy Karma system. You will need to claim your Legacy Karma in order to transfer it to the new system.
You can claim this Karma by logging in and going to the Karma page here. You will then see a claim available for "Legacy Karma" that has all the Karma you've earned from the legacy system. Simply claim and watch your Karma Score increase. Unclaimed Legacy Karma will expire May 15 at 23:59 UTC.
In case you're unable to claim, logging out of your CoinList account and logging back in should resolve the issue. If you still need further assistance, open a ticket with our support here.
Your Karma Score compared to other Karma earners places you in one of five Tiers: Rust, Bronze, Silver, Gold, Platinum.
Each Tier has a certain percentile of users, with Rust Tier being the bottom 40% of earners, and Platinum Tier being the top 5% of earners.
For Token Launches: Every single participant is randomly selected, but your Tier adds weight to the random selection. The higher your Tier, the higher the chance you get selected, though allocations are never guaranteed. For example, in one of our 2024 Token Launches, users in the Platinum Tier had 3x the chance to secure an allocation versus users in the Rust Tier.
You can earn Karma from Events and Achievements.
Events are activities that you can earn Karma from over a specified period of time. The Karma you earned during that event only becomes claimable once the event ends. If you don’t claim your Karma within 7 days after the event ends, this unclaimed Karma will expire.
Achievements are one-time claims awarded upon completing specific activities on CoinList, such as your first deposit, first trade, first stake, and more. Once an achievement is awarded, the Karma for that achievement becomes claimable.
Any Karma that you claim does not expire. Only unclaimed Karma may expire after a specified period of time.
See all the Events and Achievements you can earn Karma from today by logging into your Karma page here.
Tiers are updated hourly so the Tier you are placed in after claiming Karma may change quickly depending on how much Karma others have earned as well.
Remember, your Tier is determined by your Karma Score compared to other earners. The best way to keep your Tier and stay ahead, is to stay engaged and keep earning.
In general, once you complete an activity that earns you Karma (eg: enabling 2FA, making a trade, etc.), that activity should be taken into account by the Karma system within a few seconds. If you are still unable to claim Karma from that activity after 30 minutes, please open a customer support ticket here.
CoinList waits for 30 confirmations to consider an ETH or ERC-20 transaction final. Although typically this should only take about ~ 5 minutes, this can take anywhere from 5 minutes to 4 hours. Especially during periods of high network congestion, the transaction can take longer. You can see the number of confirmations in your CoinList wallet.
CoinList is in the process of upgrading our systems and increasing the number of banking partners available through the platform. As of March 29, 2023, we have paused support for USD ACH Transfers and Wires for this transition period. Withdrawals via wire transfer have been disabled. Deposits are unavailable for now, as well as ACH Transfers.
For the duration of this transition:
Conversion fees for USD/USDC will be 0%
Trading fees for the USD/USDT pair will be 0%
You can find all USD updates here.
Bitcoin transactions have hundreds to thousands of confirmations from their networks to confirm that they are real transactions. CoinList waits for 6 confirmations to consider the transaction - this can take anywhere from thirty minutes to twelve hours. During periods of high network congestion, transactions can take longer.
You can deposit any supported assets into your CoinList account by following the steps below:
You can find our supported assets and blockchains here. Make sure you are researching and familiar with the addresses you are using to deposit any cryptocurrency.
As of March 29, 2023, we have paused support for USD ACH Transfers and Wires for this transition period. Withdrawals via wire transfer have been disabled. Deposits are unavailable for now, as well as ACH Transfers.
Yes.
For withdrawals, you should re-confirm the withdrawal address plus the network supported on both your 3rd party exchange wallet and CoinList prior to submitting a withdrawal. Exchanges have various policies for crypto deposits, and the sending addresses don't always match the receiving addresses. We recommend you designate a return address for which you hold the private keys. CoinList is not responsible for transfers being appropriately credited to your account at a 3rd party exchange. We advise you to double-check the warnings on both the exchange you are sending from and CoinList before making these transfers.
In the meantime, you can find our supported assets and blockchains here.
Yes! CoinList works with a number of highly vetted 3rd party custodians and wallet providers including Anchorage, Bitgo, Gemini Custody, Finoa, Copper, Coinbase Prime, and Fortress Trust to ensure the security of your assets.
Funds held in cold storage are covered under the insurance policies of our custodian partners. Please note, not all funds are held in cold storage at all times.
In general, a wallet is a program that enables users to send and receive digital currency and track their balances and transactions. They also store important security information: your public and private keys. There are several types of wallets: Hardware, Software, and Online. Hardware wallets store a user's private keys on a hardware device like a USB. Trezor and Ledger are popular hardware wallet brands. Software wallets run as an app on your phone or desktop. Online wallets run in the cloud and are accessible from any computer or smartphone in any location.
CoinList offers online wallets.
We also use the term "wallet" to describe your U.S. dollar account.
What To Know
Different exchanges have varying policies for crypto transfers, which you should review before initiating any transactions. Prior to submitting a withdrawal from your CoinList wallet, it is important to confirm the receiving wallet address.
Fees
CoinList does not charge additional fees for depositing or withdrawing crypto.
However, for withdrawals, the respective blockchain will charge gas/fees to process your transaction onchain. Please note that these fees are not paid to CoinList or the custodian.
When withdrawing, after you click "Review", you will see the gas fee here:
The amount shown here is an estimate.
The actual network fee will vary and will be displayed in your withdrawal confirmation.
If withdrawal fees are increased during periods of high demand, this will be displayed above your withdrawal:
See our Fees and Limits page for more information: https://coinlist.co/fees.
Initiate a Crypto Withdrawal
I transferred funds to/from the incorrect address. What do I do now?
Once you have confirmed a deposit to or withdrawal from your CoinList account, the transaction is initiated and sent to the blockchain. After withdrawals are initiated, the funds are no longer on CoinList's platform. Due to the nature of blockchains, these funds cannot be reversed or recovered by CoinList.
Transactions in virtual currency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. Please review the additional risks associated with investing in and sending cryptocurrencies by reading Risks of Investing in Virtual Currencies.
Supported Networks
CoinList currently only supports select networks. It is important to research the network you are using before placing a transfer. To see what networks CoinList supports, read our Supported Networks article.
Why have I not received my withdrawal?
Visit our Status Page to check for any ongoing maintenance, delays and updates.
Is your withdrawal a large amount?
There may be a checkpoint in place to manually verify and approve your transaction if your withdrawal is beyond $10,000 USD. This is a security safety feature in place to ensure you are withdrawing to the correct address because once a withdrawal has left CoinList we are unable to recover funds.
This will be reviewed within 24 business hours.
Once a transaction has been pushed on-chain you will receive your Transaction Hash. Using this you will be able to track and monitor the transaction entering your nominated receiving address.
Each transfer will require a number of “confirmations” before the receiving address confirms the transfer as successful.
This may vary depending on the receiving wallet and token/blockchain used.
For example, on average;
Where can I see the confirmations?
If you’re continuing to have issues or have any questions, please raise a support ticket here.
Which blockchains and assets are supported by CoinList?
Do not send funds in to CoinList via any other chain that is not supported, such as BEP20 or TRC20. If you do this you risk losing your funds.
We may be unable to perform a recovery of funds sent via the incorrect network. If we are able to recover the funds, there will be a charged fee. Please see our fee page for more information.
Please do not trust previous transactions you have made as a source for your deposit address. CoinList and other exchanges may update and change the receiving address on your account after it has been used.
Withdrew funds to the incorrect address?
Once you have confirmed a withdrawal from your CoinList account the transaction is initiated and sent to the blockchain, after this the funds are no longer on CoinList's platform. Due to the nature of blockchain these funds cannot be reversed or recovered by CoinList. If you know the end user of the address, please try and contact them for help retrieving funds.
Transactions in virtual currency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. Please see the additional risks associated to investing in and sending cryptocurrencies here.
Memo ID
CSPR deposits require a number called the "tag," "memo," or "transfer ID" to be sent with your deposit in order for funds to be credited to your account. If you deposit CSPR without it, your deposit will be lost and cannot be reclaimed.
STX and SEI deposits also require a memo ID. It may be referred to as a "memo" or "tag" on other exchanges. Only deposit using wallets that support this field. If in doubt, start with a small test deposit.
To unwrap WBTC into BTC, you first need to have WBTC in your CoinList wallet. Once your wallet is funded with WBTC:
WBTC will be debited from your WBTC wallet and you will receive BTC in your BTC wallet.
Please note that you will have two different wallets. You will not receive BTC in your WBTC wallet.
Wrapped Bitcoin (WBTC) is an ERC-20 token backed 1:1 by Bitcoin and held at Bitgo Trust, and the underlying holdings are verifiable here. WBTC brings the liquidity of Bitcoin to the Ethereum ecosystem.
Users can wrap and unwrap BTC seamlessly via their CoinList wallet.
You can find the most up to date information on trading fees here.
A CoinList affiliate manages its own pool of BTC and WBTC, so the process is usually immediate. When demand is high, it is possible that the pool temporarily runs out of BTC or WBTC. If that is the case, the wrapping or unwrapping service will pause until the pool is replenished.
You may choose to hold your funds to be automatically converted when the pool is replenished. This situation is usually addressed within (6) to twenty-four (24) hours.
When you're logged in, click on Trade in the left navigation.
Once you see the trading screen. You will then be prompted to enter an amount of a specific cryptocurrency you wish to buy or sell. Once you have set the amount, you can preview the order.
After selecting “preview order”, you will be presented with the price for your order. You will have 30 seconds to confirm the trade. If you do not confirm the trade within 30 seconds, you will be required to re-input your order. The price may change after the 30 second window. Once you confirm the order, the trade will be considered final and it will be executed, you will see the resulting balances in your applicable CoinList Wallets.
Yes, you can find the most up to date minimum and maximum trade limits here https://coinlist.co/legal
Yes, but these are not uniform across all assets, please see https://coinlist.co/legal for the most up to date information.
To obtain WBTC, you first need to have BTC in your CoinList wallet. You can either directly deposit BTC in your wallet or you can buy BTC through CoinList. Once your wallet is funded with BTC:
BTC will be debited from your BTC wallet and you will receive WBTC in your WBTC wallet.
Please note that you will have two different wallets. You will not receive WBTC into your BTC wallet.
Depending on when you signed up for CoinList, you may need to complete additional compliance in order to use wallets and trading. You can complete your registration at https://coinlist.co/wallets/new. New users should automatically have access to wallets and trading, subject to additional jurisdiction restrictions.
Our Conversion function allows you to wrap/unwrap various assets. To unwrap your assets, follow the steps below:
Here are the assets we support for conversions: FIL -> EFIL, EFIL -> FIL, USDC->USD, USD->USDC, BTC->WBTC, WBTC->BTC, TBTC ->BTC, NU ->T, AXL ->WAXL, WAXL ->AXL, CFG -> WCFG, WCFG ->CFG
A “private banking” account is an account (or any combination of accounts) that requires a minimum aggregate deposit of $1,000,000, is established for one or more individuals and is assigned to or administered or managed by, in whole or in part, an officer, employee or agent of a financial institution acting as a liaison between the financial institution and the direct or beneficial owner of the account.
A foreign financial institution is:
(1) a non-U.S. bank;
(2) any branch or office located outside the United States of a broker-dealer; futures commission merchant or introducing broker; or open-end mutual fund company;
(3) any other person organized under foreign law (other than a branch or office of such person in the United States) that, if it were located in the United States, would be a broker-dealer; futures commission merchant or introducing broker; or open-end mutual fund company; and
(4) any person organized under foreign law (other than a branch or office of such person in the United States) that is engaged in the business of and is readily identifiable as: (a) a currency dealer or exchanger; or (b) a money transmitter.
KYC stands for Know Your Customer and encompasses certain procedures that we employ to positively identify that you are, who you say you are. We use a number of tools to confirm your identity and ensure your eligibility for the CoinList services. This process can take between 0-3 business days for individuals, and for entities and trusts this can take up a week.
You may be restricted from certain activities on the CoinList platform until you have completed identity verification.
Foreign shell banks are non-U.S. banks without a physical presence in any country. A "foreign bank" is any bank organized under non-U.S. law or an agency, branch or office of a bank located outside the U.S. The term does not include an agent, agency, branch or office within the U.S. of a bank organized under foreign law.
CoinList prides itself on offering compliant products and services. As part of our compliance program, we determine which users are able to access information about our offerings.
We have determined that, due to regulatory uncertainty or restrictions, users in your location are not able to access the page you were attempting to reach.
Subject to regulatory restrictions, anyone can use wallets, and anyone can buy and sell cryptocurrencies. There is no accreditation requirement. Users must complete KYC and identity verification.
You can see a full list of supported jurisdictions here.
Non-US investors can invest and trade on CoinList as long as they meet local laws regarding investment compliance. Please visit coinlist.co/legal for more information and visit our Help Center for any questions.
CoinList Markets, LLC is registered as a money services business with the Financial Crimes Enforcement Network (FinCEN), Registration Number 31000158383629. CoinList Markets, LLC is registered with the Nationwide Multistate Licensing System and Registry (NMLS), ID number 1785267.
CoinList Services, LLC is a technology services company that assists with the compliant purchase and sale of tokens and is not a licensed entity.
CoinList Lend, LLC is a proprietary cryptocurrency lender and is not a licensed entity.
CoinList also operates other entities. You can view the full list of entities and affiliates and their associated licenses at coinlist.co/legal
What is Multi-Factor Authentication?
CoinList use Multi-Factor Authentication (MFA), also known as Two-Factor Authentication (2FA) for every account and most transactions, and we partner with top custodians like BitGo and Gemini Custody so your funds are safe. Funds held in cold storage are insured by our custodian partners' insurance policies. Best of all, crypto storage is free. We don’t charge any custody or wallet fees when using CoinList or the CoinList app.
How do I enable MFA?
In order to use CoinList wallets, you must set up device-based MFA. CoinList does not support SMS or phone-based MFA.
STEP 1
Download and install an authentication app for your phone or tablet. Some options:
STEP 2
Open the authentication app and follow the steps within the app for adding a new QR code. Scan the QR code image with your mobile device's camera and a new credential will be added to your authenticator app.
Make sure to save the security/backup codes in a safe place. In the event that you lose access to your MFA device, these codes can be used to regain access to your account. The backup codes are unique to each account owner.
STEP 3
Enter the six digit code where prompted and click the "Enable" button.
You are done! Now that MFA is enabled, you will need to enter a new 6-digit code generated by the authentication app every time you log in to your CoinList account.
What if I get an invalid code error?
If you receive an invalid error code when enabling MFA, check that your authentication app and your mobile device’s current time zone are synced. Also ensure that the computer or device you’re setting up your CoinList account on is also synced to the correct time zone. Refreshing your CoinList account may also resolve the issue.
If you are still experiencing issues, create a new profile by clicking the "+" again on your app and try to add the QR code again. Clearing your cache and cookies may also resolve the issue.
Security Page of Your CoinList Account
You can reach the Security page by selecting “Your Account” from the dashboard or by following this link: https://coinlist.co/accounts/security.
If you did not save your backup codes when they were first provided, you can access them through the Security page of your CoinList account. If you lose access to your MFA device, these one-time codes will allow you to regain access to your account.
What if I no longer have access to my MFA device or the backup codes?
If you no longer have access to your MFA device, you may be able to go through our automatic and fast-lane 2FA review process by selecting "Lost your 2FA code?" after logging in here: https://coinlist.co/login.
If you do not see this, please submit a support ticket here: https://coinlist.freshdesk.com/en/support/tickets/new for assistance and instructions. You will not be able to access your account until this process is complete.
If you have lost access to your MFA device, do not attempt to create a new account. CoinList does not accept duplicate accounts. If you create a duplicate account, it will be closed and you will have to proceed with a MFA reset on your original account.
Attempting to create a second account is in violation of our Terms of Service; Any violation of the Terms of Service may result in indefinite suspension of services and closure of a user's account.
If you have lost access to your 2FA device, you can use one of your account backup codes that you were asked to save after setting up two-factor authentication. If you no longer have access to these backup codes or have used all of them, please submit a support ticket.
Do not attempt to create a new account. CoinList does not accept duplicate accounts. If you create a duplicate account, it will be closed and you will have to proceed with a 2FA reset on your original account. Attempting to create a second account is in violation of our Terms of Service; Any violation of the Terms of Service may result in indefinite suspension of services and closure of a user's account.
CoinList requires that you approve a new device before you can access your account.
To approve a device, start by logging into your account and entering your 6-digit authentication code. You will then be directed to a page informing you that CoinList has sent you an email. Access that email with the subject line “Approve your new device to log in” on the same device and browser. Click the Approve this device button in the email and you will be directed to your account.
This approval process must be started and completed on the same device, same browser, and at the same location.
It may take up to 10 minutes to receive this email. If you attempt to log in again, you may receive more than one email. Only the most recent new device approval email will be valid. If you do not receive the email, check your spam and other subfolders. You can whitelist emails from CoinList (team@coinlist.co) to prevent them from being flagged in the future.
You can watch the New Device Approval process here.
When you log into your CoinList account from a new device, you will be prompted to follow these steps.
Step 1
Log in to your CoinList account and enter your 6-digit authentication code.
Step 2
You will be directed to an “Approve new device” page informing you that CoinList has sent you an email.
Step 3
Access this email from the same device, browser, and location. Upon opening the email, click the “Approve this device” button at the bottom.
Step 4
You will be directed to your account where you are now logged in.
Troubleshooting Steps for the CoinList App
We currently recommend accessing your CoinList account through a web browser instead of the app. Nonetheless, if you are logging into the CoinList app using your phone or tablet, the “Approve this device” button in the email may open a browser instead of the CoinList app. This prevents the app from approving the device. Here are a few workarounds:
If that doesn't work, follow the steps below specific to your type of device.
For iOS, copy the link from the email you received and paste it into a new Safari browser.
For Android:
Additional Troubleshooting
If you did not receive the “New device approval” email, check your spam and other subfolders. You may whitelist emails from CoinList to prevent them from being flagged in the future.
After clicking the “Approve this device” button, wait at least 10 minutes to receive the approval email before clicking the button again. Only the most recent device approval email will be valid.
If you are having issues with device approval, do not create a new account. Attempting to create a second account is in violation of our Terms of Service. Any violation of the Terms of Service may result in an indefinite suspension of services and closure of a user's account.
If you're still having trouble approving a new device, please submit a support ticket.
Filecoin lending on CoinList is a way for you to put your FIL to work by simply lending your FIL to CoinList. The Filecoin ecosystem is very young and many network participants are in need of FIL to supplement their working capital.
We are currently running the 35th FIL Lending Program through CoinList. Participants have one option to lend their FIL:
1. A 180-day loan with no early termination. Participants will earn a fixed 8.0% annualized rewards rate for 180 days – a net 3.95% return.
The 37th lending period opens April 12th and closes May 1st.
Participants who lend their FIL for will receive their principal + accumulated interest denominated in FIL back into their CoinList wallets at the end of the loan term.
The loan start date for all loans in the 37th lending program will be May 1st. Once all loans are deployed, you'll be able to track your loan with the loan dashboard in your CoinList Filecoin wallet.
In the 37th FIL Lending Program, participants have one option to lend their FIL:
Option 1: 180 day loan with no early termination
Participants have one option to lend their FIL through FIL Lending 37
All users from CoinList's supported jurisdictions, except residents of Belarus and Venezuela.
Users from certain unsupported jurisdictions can still participate but it requires a manual process to execute the loan. For that reason, we require external FIL lenders to lend a minimum of $50k worth of FIL.
If you're in an unsupported jurisdiction and would like to participate, please email charlie@coinlist.co
Your FIL is being lent out to trusted Filecoin network participants that have successfully onboarded with CoinList. This includes, but is not limited to, Filecoin storage miners and liquidity providers.
All counterparties must pass KYC/AML and all loans issued are collateralized.
Here is the timeline for the 37th FIL Lending Program through CoinList:
April 12, 2023: Lending period opens
May 1, 2023, 9:00 am PST: Lending period deadline
May 1, 2023: Loan start date
October 28, 2023: Principal + interest distributed back into CoinList wallets unless terminated at an earlier date
Lending will be available on a first-come, first-serve basis. Earlier loans will be prioritized over later loans. CoinList may close the loan period early based on lender demand. Once your loan has started, you will not be able to access that FIL until loan maturity.
You are only able to participate with vested FIL in the lending program. If you have additional FIL that is set to vest before the deadline,you may submit more loans as more FIL becomes vested. Please visit our Help Center if you have additional questions.
If you participated in Filecoin's 2017 offering, your FIL will vest linearly on a block-by-block basis starting at mainnet launch, for the duration of your vesting period. For example, if your vesting schedule is 12 months, you will receive FIL on a block-by-block basis and each day receive approximately 1/365 of your FIL .
In order to self-custody your FIL, please go to coinlist.co/filecoin and edit your custodian option under 'Distributing To'. You'll want to select Self-Custody. The easiest way to self-custody is to use the 'Glif and Ledger' option, which requires a Ledger hardware wallet. You'll see instructions on setting this up after selecting that option.
Detailed instructions on setting up your Ledger to receive FIL are here: https://paper.dropbox.com/doc/Self-Custodied-SAFT-Guide--A72a5~JLiLiNKPhdLQP3ZbNhAg-dHxZu59oAeSw03RrRpCrd
Your Filecoin will be held in your CoinList wallet. From there you will be able to transfer, trade, and deposit additional Filecoin vested Filecoin. Your balance of available (vested) Filecoin will be displayed alongside your unvested (unavailable) Filecoin held in your vesting actor.
Your CoinList wallet is built on Gemini Custody’s infrastructure. When you input a transaction, we pass this information to Gemini for execution.
There is no fee to store your Filecoin in your CoinList wallet.
We are currently licensed to operate our wallets and trading in many states. We are working on licensure for the following states and territories:
If you reside in one of the above states or territories, please see here for instructions on setting up an account with Gemini: https://coinlist.co/help/what-additional-information-do-i-need-to-provide-to-use-coinlist-wallets-through-a-gemini-subaccount
By default, tokens will go to into CoinList Wallets:
If you live in a state that we currently do not support, you can still use CoinList Wallets but we'll require some more information (more information here)
Users can also opt into leading custodians - if you are an existing customer of Anchorage, Coinbase Custody, or Gemini Custody, you can receive your FIL tokens directly into your account with one of those custodians.
Users can also self-custody (more information here)
Filecoin trading is subject to the same fee schedule as any other asset on CoinList and CoinList Pro. You can view the up to date fee schedule on coinlist.co/fees.
A vesting actor is a type of smart contract on the Filecoin blockchain. The vesting actor manages the release and vesting of your original Filecoin purchase. According to the vesting schedule in your SAFT, Filecoin will be released and can be transferred from the vesting actor. Vesting occurs on a block by block basis.
If you live in a state or territory where we are yet to finalize our licensure, we have provided an alternate solution for CoinList wallets. If you chose to use CoinList Wallets, you will be provided a sub-account at Gemini. Once you complete the additional verification, your holdings will be accessible via your CoinList account. Upon mainnet launch, you will be able to deposit and withdraw your FIL holdings via CoinList but will not be able to trade on CoinList.
In order to get set up with a sub-account, you’ll need to go through Gemini’s verification process. Please follow these instructions:
-If you have a Gemini account associated with this email address, no action is required
-If you do not have a Gemini account, please set one up here: https://exchange.gemini.com/register
-If you have a Gemini account, but it’s under a different email address, please set up a new account using this email address at https://exchange.gemini.com/register
Please note that these tokens will be accessible through the CoinList site (and not through Gemini).
There is no withdrawal fee for Filecoin; however, users must pay network fees to withdraw their Filecoin. This network fee is determined by Gemini Custody and may change from time to time. Please review coinlist.co/fees for the most up to date information on the current Filecoin Network fees.
If you are using a Gemini sub-account through CoinList Wallets, you have full functionality to store, withdraw, and deposit Filecoin through coinlist.co. You are not able to trade Filecoin on CoinList at this time. Once we have the appropriate licensure, we will give you the opportunity to switch from a Gemini sub-account to a full CoinList account.
Your vested Filecoin will be swept from the vesting actor to your CoinList wallet daily. This happens automatically and there are no actions required by you. This cadence may change over time depending on network conditions and costs. For the first 24-48 hours post-mainnet launch these sweeps will be performed approximately once every 5 hours. The minimum amount that will be swept each day will be 0.5 FIL.
Yes. You may switch from using CoinList to manage your distribution to a self-custody or a 3rd party custodian. This process is manual and may require up to 3 weeks to process and includes a $500 processing fee incurred by Gemini. You will have to withdraw any already vested Filecoin in your CoinList wallet after the transfer has been processed.
Please visit our Help Center if you wish to transfer your vesting actor.
Yes. The Filecoin network allows you to transfer the private keys of your vesting actor. Please contact your custody provider and visit our Help Center to start this process. There may be additional fees associated with this action.
Following KYC verification, you will be prompted to link one or more of your Ethereum wallets using a Metamask or WalletConnect browser extension. The wallet address that you link MUST be the same address that you bridge assets back from (e.g., users with address "0x123...abc" on Evmos can only bridge back to "0x12...abc" on Ethereum - the sending wallet address and receiving wallet address must be the same).
Please note that Wallet Link does not currently support multisig/smart contract wallets. If you are a DAO or individual needing to link a multisig wallet to your KYC’d identity, please reach out to nomad-recovery@coinlist.co from your Coinlist-associated email and we’ll be more than happy to assist.
Yes. You are required to successfully complete KYC and link/verify an eligible wallet address in order to be considered by Nomad for the recovery effort. If you are using an existing CoinList account and have already KYC-verified on our platform, there is no need to resubmit an application - you will be taken directly to the wallet linking step.
If you have previously registered with CoinList and submitted a KYC application on our platform, please use your existing account to register with Nomad. After navigating to the registration link, sign in with your CoinList and select your previously verified entity when prompted to - this will take you to the wallet linking step and there is no need to resubmit your information. Linking your KYC information to more than one CoinList account is against our policy.
Please find a guide to registering and completing KYC for Nomad's recovery efforts here.
Yes, all users will be able to complete a KYC verification check irrespective of their residence, provided users are not associated with OFAC-sanctioned countries. Users who reside in unsupported jurisdictions will be able to access the Nomad Offering link, submit a KYC application, and link their wallet; however, they will not be able to access the CoinList platform (e.g., trading, deposits, staking, token sales).
If you reside in an unsupported jurisdiction and are having trouble completing KYC verification, submit a support ticket here.
Wallet Linking is a mechanism that allows you to connect your non-custodial wallet to your CoinList account. This gives CoinList permission to link your wallet address with your KYC verification status and will enable Nomad to allow affected users to access recovered funds in a compliant manner.
When you unlink your wallet, we remove your wallet address and any information related to it from our database. However, CoinList will create a hash using your wallet address in order to identify future multiple linking attempts for security reasons. Unlinked wallet addresses will also be removed from the on-chain Nomad allowlist.
You can unlink the wallet addresses associated with your accounts at any time here.
CoinList takes maintaining the security of user information seriously and stores all user data in secure servers. Information is protected with multiple layers of controls. CoinList utilizes a multi-layered security approach leveraging industry standard security controls such as minimal privilege access design, encryption of data at risk, BCrypt password hashing for user credentials and MFA support, internal use of multi-factor authentication, employee background checks and more.
You can find CoinList’s privacy policy here.
Please note that as of April 20, 2023 CoinList only allows users to select one of their linked wallets during the Nomad Recovery registration flow. While you may link multiple wallets to your CoinList account, only one will be considered by the Nomad team. As a result, please make sure to consolidate your madAssets into a single wallet address before linking.
Users who linked multiple wallets prior to April 20, 2023 will not be affected.
Log into your CoinList account, navigate to Account > Tax Documents > Click the link to download your document(s).
If you do not have any documents available you will see the following message: "There are no tax documents available from CoinList at this time. If you are a U.S. person or entity, we will notify you via email if and when additional documents become available".
CoinList will also provide you with a Form 1099-B. This form reports to you all taxable cryptocurrency transactions (for example, sell for fiat or crypto-for-crypto trade) and corresponding proceeds, cost basis where available, and resulting gain/(loss) information for each taxable transaction. More information on cryptocurrency transactions can be found here.
CoinList will provide you with a Form 1099-MISC. This form reports to you and the IRS any income generated from activities such as airdrops, staking, referrals, etc. in excess of $600.
Understanding Form 1099-B and 8949
CoinList is on a mission to make cryptocurrency taxes as seamless as possible. CoinList provides all users that incurred a taxable disposition with a 1099-B, which itemizes all known taxable transactions. Similar to traditional equities, taxpayers are responsible for transposing the information on the 1099-B onto an IRS 8949. CoinList has partnered with TaxBit to automate and simplify the process of transposing your 1099-B onto your IRS 8949. Whether you only traded on CoinList, or you traded on multiple exchanges, completing your crypto taxes has never been easier.
This guide explains how to transpose your 1099-B onto your IRS 8949.
CoinList Was the Only Exchange I Traded On
If all of your assets were acquired and stored on CoinList’s platform then your 1099-B will be complete. The 1099-B provides you with all of your taxable events and can be directly transposed onto your IRS 8949 and filed. CoinList provides a courtesy copy of the IRS 8949 if all of a user’s acquisition information is known.
I Traded On Multiple Exchanges
If you acquired cryptocurrency on a third-party platform and transferred assets onto CoinList then your acquisition information may not be known. It is your responsibility to enter your acquisition information on IRS Form 8949 for assets that were acquired on another platform and were subsequently disposed of on CoinList. You will complete two IRS 8949’s. One that includes your known cost basis transactions and another for transactions that were missing cost basis.
Transpose Known Cost Basis Onto IRS Form 8949
The first step is to transpose transactions that have a known cost basis onto your IRS 8949. You will check box “A” for these transactions because cost basis information is known on Form 1099-B.
Transpose Missing Cost Basis Transactions on Seperate Form 8949
If a transaction is missing acquisition information then you will transpose the transactions onto a separate IRS 8949 tax form. You will check box “B” indicating that the acquisition occurred off platform and therefore was not reported on the 1099-B.
Methods to Completing IRS 8949
There are two methods to filling in missing cost basis information and completing your IRS 8949’s: 1) link your TaxBit account; or 2) manually enter the information.
(i) Link TaxBit Account (Recommended)
The easiest way to complete your IRS 8949 is to link your TaxBit account. TaxBit has a seamless integration with CoinList, as well as over a hundred other exchanges, allowing you to aggregate your trading activity across platforms. TaxBit automates the process of transposing your 1099-B onto an IRS 8949. Missing cost basis transactions that were acquired off of CoinList’s platform will automatically populate and your IRS 8949 tax forms can be downloaded from your account.
(ii) Manually Enter Information
You can also solve missing cost basis information by manually entering the information on your IRS 8949’s. When manually filling-in missing cost basis information it is important to keep detailed records to substantiate the information reported.
Conclusion
CoinList is committed to making crypto taxes as simple as possible. To automate the process, all CoinList users are eligible for 10% off of their TaxBit plan: https://taxbit.com/invite/CoinList/.
Disclaimer: CoinList does not provide tax advice and the information presented is not intended to be relied upon as advice concerning the appropriate treatment or possible tax consequences of any transaction. Please consult with your tax advisor. This article contains references to information obtained from third-party content providers (content hosted on sites unaffiliated with CoinList). As such, CoinList makes no representations whatsoever regarding any information obtained from third parties that may be referenced directly or indirectly in this article.
The IRS requires that details of cryptocurrency transactions that qualify as a gain or loss to be reported on Form 8949, “Sales and Other Dispositions of Capital Assets”.
The US tax form 1099-B provides transactional information detailing capital gains and losses from disposing of capital assets. At this time, cryptocurrency is classified and treated as property.
When you sell something for more than it cost you to acquire it, the profit is a capital gain and may be taxable. On the other hand, if you sell something for less than you paid for it, then you may have a capital loss and a reduction of your taxable capital gains or other income is possible.
Your CoinList Form 1099-B will detail each asset you sold throughout the year with CoinList and report your cost basis, when available, for the assets you bought and sold on the platform.
For U.S. taxpayers, the IRS requires companies that make certain types of payments to provide the recipient of such payments and the IRS with a 1099-MISC. This form provides information for a wide range of income payments such as crypto interest, referral bonuses, and other income.
If you are interested in assistance with the forms described above, TaxBit and CoinList have joined forces to streamline the process of generating Form 8949. TaxBit will automate the process and provide a single aggregated view of all your CoinList cryptocurrency transactions and balances in one place.
The completed forms including synced transactions will be available for download through TaxBit and can be used when filing your tax return. Built by CPAs, tax attorneys and developers, TaxBit calculates the cost basis and corresponding gains or losses on every transaction. A full-audit trail will be provided so that users, accountants, and auditors can drill down into any transaction to see exactly how the gain or loss was calculated. TaxBit will not file your tax return for you. Please consult with your tax advisor. Learn more about TaxBit.
CoinList does not provide tax advice and the information presented is not intended to be relied upon as advice concerning the appropriate treatment or possible tax consequences of any transaction. Please consult with your tax advisor. This article contains references to information obtained from third-party content providers (content hosted on sites unaffiliated with CoinList). As such, CoinList makes no representations whatsoever regarding any information obtained from third parties that may be referenced directly or indirectly in this article.
To begin, simply log in to your CoinList account and follow the re-verification instructions on your home dashboard.
From time to time, CoinList is required to re-verify all users of the CoinList platform to confirm the following:
Should you have any more questions, please submit a support ticket here.
You can participate in Snapshot governance on CoinList if you hold $50 worth of the supported tokens in your CoinList Wallet at the time of each proposal’s governance snapshot (start date/time of the proposal). Please note, your balances in CoinList Pro will not count towards your available voting balance at this time. There will be a snapshot for every proposal that determines your voting power for each proposal. To participate, go to coinlist.co/governance, select the proposal, and vote during the voting period.
Participating in CoinList Governance earns eligible users Karma in two forms:
See https://coinlist.co/help/how-is-karma-awarded for more details
No, as the governance snapshot is taken before the voting period, you can move your tokens during the voting period. Your voting power for the proposal remains constant during the voting period based on how many tokens you held at the time of the governance snapshot.
As CoinList’s voting power is based on the amount of tokens CoinList had delegated to governance at the time of each proposal’s snapshot time, if the amount of voting power that actively participates in a vote exceeds CoinList’s delegated voting power, users’ votes may be diluted down proportionately.
Example: Assume 1 token amounts to 1 vote and CoinList delegates 100,000 tokens at the time of the snapshot, representing 100,000 votes.
If 1,000 CoinList users with 200 tokens each vote (representing 200,000 votes), CoinList’s vote will dilute each CoinList voters’ voting power by 50% as CoinList will only be able to submit 100,000 votes, rather than the 200,000 votes.
CoinList will do its best to ensure there are sufficient funds delegated and that this scenario is prevented as much as possible. Note that any tokens held on CoinList at the time of the snapshot will only be able to vote through CoinList, as the time to move the tokens to a wallet with the capacity for a direct vote will have passed at the time you make your voting selection through CoinList.
On the flipside, in the event that CoinList users' voting power does not meet the CoinList’s delegated voting power, CoinList will allocate the excess voting power to abstain from such vote to ensure CoinList does not misrepresent users’ intentions or otherwise influence the vote results.
Example: Assume for a particular proposal that 1 $token amounts to 1 vote and CoinList delegates 100,000 tokens at the time of the snapshot, representing 100,000 votes.
If only 500 CoinList users with 100 tokens each vote (representing 50,000 votes), CoinList will abstain from the vote for 50,000 of the votes it had delegated to governance for the proposal so as to accurately reflect CoinList users’ preferences.
1. Users’ votes may be diluted down proportionately on CoinList as CoinList doesn’t delegate all of its tokens for governance. As CoinList’s voting power is based on the amount of tokens delegated at the time of each proposal’s snapshot, if the amount of voting power that actively participates in a vote exceeds CoinList’s voting power, users’ votes may be diluted down proportionately.
Example: Assume 1 token amounts to 1 vote and CoinList delegates 100,000 tokens at the time of the snapshot, representing 100,000 votes.
If 1,000 CoinList users with 200 tokens each vote (representing 200,000 votes), CoinList’s vote will dilute each CoinList voters’ voting power by 50% as CoinList will only be able to submit 100,000 votes, rather than the 200,000 votes represented by those 200 tokens.
CoinList will do its best to ensure there are sufficient funds delegated and that this scenario is prevented as much as possible. Note that any tokens held on CoinList at the time of the snapshot will only be able to vote through CoinList, as the time to move the tokens to a wallet with the capacity for a direct vote will have passed when you make your voting selection through CoinList.
2. CoinList will submit its vote 12-24 hours before each proposal period ends. You will no longer be able to submit a vote once CoinList closes its internal vote and submits its vote on-chain. Thus, the CoinList voting period is slightly shorter than the on-chain voting period.
3. Other token holders will not be able to delegate their voting power to you if you vote through CoinList. Additionally, your wallet will not be associated with the vote.
You can participate in each proposal’s governance during CoinList’s voting period for each proposal, as CoinList determines in its sole and absolute discretion. CoinList will publish proposals within approximately one hour of the proposal being published by the applicable protocol. CoinList will submit its vote 12-24 hours before each on-chain proposal voting period ends. You will no longer be able to submit a vote once CoinList closes its internal vote and submits its vote on-chain. Thus, the CoinList voting period is at least 12 hours shorter than the on-chain voting period.
Users who hold $50 worth of supported tokens in their CoinList Wallet at the time of the proposal’s governance snapshot will be able to participate. Please note that users in certain jurisdictions will not be able to hold supported tokens in their CoinList Wallet due to regulatory constraints. Additionally, user balances in CoinList Pro will not count towards their available voting balance at this time.
CoinList tallies up all CoinList voters’ decisions and submits everything in one single vote. CoinList’s supported Snapshot-based protocols use Snapshot’s weighted voting strategy to ensure CoinList’s single vote accurately reflects its users’ preferences.
Example: if 40% of CoinList users submit yes, 25% of CoinList users submit no, and 35% of CoinList users abstain, then CoinList will submit a single weighted vote that reflects 40% yes, 25% no, and 35% abstain.
CoinList requires all accounts to complete identity verification for legal compliance and fraud prevention. Your CoinList account will be limited from certain activities on the platform until your identity has been successfully verified.
How do I start verifying my identity?
When creating a CoinList account, you will be asked to start the identity verification process during the account setup steps. This is a requirement for all new users creating a CoinList account and you will not be able to continue to the platform until this has been completed and your identity has been verified. If you already have a CoinList account but have not verified your identity yet, you will be prompted to start your identity verification on your dashboard.
During this process, you may need to provide sensitive information including but not limited to name, address, a government-issued ID, and a selfie. Read more about our Privacy Policy.
Why was my identity not verified?
If your identity was not verified, it was because either you live in one of our unsupported countries & states where CoinList is not available at this time, or because your information that was processed for review did not pass one or more identity verification and KYC/AML (Know Your Customer/Anti-Money Laundering) checks. We do these checks to protect CoinList and our community from fraudulent users. You can learn more about KYC/AML in our Terms of Service.
If you are facing any issues with the verification process, do not attempt to create a new account using a different email address to re-try verification. Attempting to create a second account is in violation of our Terms of Service; Any violation of the Terms of Service may result in indefinite suspension of services and closure of a user's account. Instead, if you believe there was a mistake in your identity verification, submit a support ticket.
Two-factor authentication (2FA) is an additional layer of security used to confirm your access to your account by requiring two forms of authentication. CoinList requires 2FA to be enabled for every account and you will be asked to provide this second form of authentication every time you log in.
How do I set up 2FA?
When creating a CoinList account, you will be asked to set up two-factor authentication. This is a requirement for creating a CoinList account and you will not be able to continue to the platform without setting this up.
Step 1. Download an authentication app of your choice on your mobile device. We recommend popular authentication apps like Google Authenticator, Duo Mobile, or Authy.
Step 2. Once the authentication app is downloaded, open the app and click the “+” icon to add a new account. You will then be given the option to either scan a QR code or enter a setup key manually. It is easier for most people to scan the QR code, however if that is not an available option to you, choose to enter the key manually and copy and paste the setup key shown on CoinList into your app.
Step 3. Once your CoinList account is successfully added to your authentication app, you will see a numeric code being generated for your CoinList account. Copy this code and paste it into the “Authentication code” input on CoinList to finish setting up 2FA.
You will be asked to save your backup codes. Make sure to save your backup codes in a safe place. Your backup codes can help you log into your account in the event that you lose access to your authentication device. These backup codes are unique to each account owner.
Having trouble?
If you are running into issues when submitting your authentication code on CoinList, check that your authentication app and your mobile device’s current time zone are synced. Also ensure that the computer or device you are setting up your CoinList account on is also synced to the correct time zone. Refreshing your CoinList account, clearing cache and cookies may also resolve the issue.
If you are still experiencing issues, repeat steps 2 and 3 in the How do I set up 2FA? section above, or try downloading a different authentication app to set up 2FA with. Be sure to visit the help pages of the authentication app you are using as well for more guidance.
The CoinList mobile app is currently unavailable in the App Store/ Google Play Store while we work on improving the mobile customer experience.
The mobile app remains accessible for users who installed it prior to August 2022, however, new downloads are unavailable.
Our website provides the most current and best CoinList experience. When the CoinList mobile app becomes available for download again, we will update the community.
Thank you for understanding.
CoinList has indefinitely suspended trading of RLY on all CoinList platforms on August 5, 2022. You should still be able to withdraw your RLY at any time. Please refer to https://coinlist.co/fees for RLY minimum withdrawal amount and withdrawal fee.