CoinCorner Reviews 944

TrustScore 3 out of 5

3.1

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Rated 1 out of 5 stars

Absolute loss. Their online ad promised wealth management and secured investment with guaranteed monthly returns. Apparently the website testimonials were fake and they also have a made up license... See more

Rated 1 out of 5 stars

Scam company Purchased some bitcoin, no problem letting me deposit, what a surprise. But when I want to send to my ledger address account suspended. I Made contact four days ago and althoug... See more

Rated 5 out of 5 stars

By far my favourite exchange in the UK - genuine company and good people - particularly compared to alot of the faceless casinos out there constantly shilling their altcoin collection! Easy to use int... See more

Company replied

Rated 5 out of 5 stars

Had a couple of queries re using the platform when I first got my account set up, had a reply within the day every time and my questions were soon answered. The platform is nicely laid out and not com... See more

Company replied

You should know

3.1

Average

TrustScore 3 out of 5

944 reviews

5-star
4-star
3-star
2-star
1-star

No history of asking for reviews

This company hasn't invited their customers, so reviews may not be representative

Replied to 14% of negative reviews

Typically takes over 1 month to reply

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Rated 5 out of 5 stars

Easy to setup

Easy to setup, great comms/service and easy to setup a regular bitcoin purchase

13 February 2025
Unprompted review
CoinCorner logo

Reply from CoinCorner

Hi Tom,

Thanks for leaving a 5* review! We aim to make our platform simple and easy to use, so it's great to see that you found it exactly that. We hope to see you back using us again in the future.

CoinCorner

Rated 5 out of 5 stars

Security, Knowledge & Common Sense

I have used CoinCorner since 2017 and my recent experience with them confirmed why they continue to be my first choice for larger bitcoin buys/sells. On this occasion, I needed to go through the source of funds process with them. While ensuring they collected valid and clear documentation, they were pragmatic and helpful in the process. However, although I know I could likely find a keener price quote on another exchange, the principal reason I choose to use CoinCorner is because the team is reliable, knowledgeable and trustworthy. Collectively, that makes one feel very secure trading with them. Their security is great too, with verification phone call before they transfer larger amounts of bitcoin from their custody. Given all of the above, I would have no hesitation in recommending them as a great place for your bitcoin trades, particularly if you value the human touch, as I do. My thanks to all of the CoinCorner team for the service over the years.

6 February 2025
Unprompted review
CoinCorner logo

Reply from CoinCorner

Hi Clive,

Thanks for leaving such a comprehensive review of our service, it's great to see you are so happy with our platform and the interactions you have had with our support and compliance teams. We look forward to continuing to provide you with our services in the future!

CoinCorner

Rated 5 out of 5 stars

Great support

Great support. Recommended!

6 February 2025
Unprompted review
CoinCorner logo

Reply from CoinCorner

Hello,

Thanks for leaving a review, it's great to see you are happy with the service our support team provided.

CoinCorner

Rated 5 out of 5 stars

Customer service very helpful and…

Customer service very helpful and responsive.

5 February 2025
Unprompted review
CoinCorner logo

Reply from CoinCorner

Hi Alex,

Thanks for leaving a 5* review, it's great to see you were happy with the level of service our customer support team gave. We hope to see you back using CoinCorner again soon!

CoinCorner

Rated 1 out of 5 stars

Annoying spam

Please stop sending me 'verify your email address' emails numerous times a week, I have no interest in your spam sending website.

18 January 2025
Unprompted review
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Reply from CoinCorner

Hi Lewis,

Thanks for leaving a review. To no longer receive emails from us relating to your account you just need to close it or change your notification settings by logging in or getting in touch with our support team.

CoinCorner

Rated 3 out of 5 stars

I tried CoinCorner to buy BTC since…

I tried CoinCorner to buy BTC since other exchanges weren't available for UK residents, and the process was straightforward with quick bank transfers. However, I found the transaction fees a bit high, especially compared to free wallets. The customer service is quite good, quickly helping with account security issues, but their product range is limited, and unexpected costs like paying postage for a free gift were off-putting. Overall, CoinCorner provides a professional service, but there are areas that could be improved.

28 November 2024
Unprompted review
CoinCorner logo

Reply from CoinCorner

Hi Alonso

Thank you for leaving us a review.
I'm not quite sure what you mean when referring to 'free wallets' but there would be fees on any exchange for buying and selling. We do offer free sends via the Lightning Network or via our free monthly on-chain service.
In terms of 'product range' is this referring to other cryptos perhaps. We are a bitcoin only exchange so choose to focus on bitcoin and services associated with it.
Regarding the postage costs, I'm not sure what has happened there. We pay for all postage when sending so you shouldn't have had anything to pay when receiving your gift. If drop us an email to our support team we can take a look into that for you.

CoinCorner

Rated 1 out of 5 stars

Monty fee for not logging into your…

Monthly fee for not logging into your account is ridiculous and blatant theft

20 November 2024
Unprompted review
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Reply from CoinCorner

Hi Tyler

Inactive account fees are quoted in our terms of service, which all users agree to when opening an account with us. We will always contact customers a number of times, well in advance of any fees being charged, to notify them and advise what they can do to prevent this. All that is required is to log into your account once, on either the website or mobile app, and this will reset the account as active for a further 24 months. We also encourage users who are comfortable doing so to withdraw their bitcoin to self-custody rather than leaving funds on the platform and have options to do so at no cost.

CoinCorner

Rated 5 out of 5 stars

Customer focused approach

I recently established an account with CoinCorner on the recommendation of a friend. After a long winded battle attempting to establish a working relationship with local banks regarding my crypto portfolio, to which were unsuccessful. CoinCorner took all the information I had to offer and conducted their onboarding procedures and validated my documentation. Upon meeting with the team in person they also helped me establish a relationship with a highly reputable bank once all the diligence was confirmed. Their customer focused approach is of the highest standard I have seen to date, quick, precise and thorough. When it comes down to taking profits Ill only use CoinCorner to facilitate this. I look forward to doing business with them as time goes on and highly recommend their services/products to which there are many.

25 October 2024
Unprompted review
CoinCorner logo

Reply from CoinCorner

Hi JT

Thank you very much for your 5* review. I'm glad to hear you had a positive experience with our onboarding process and I'll be sure to pass your kind comments on to the team who helped you with this. We look forward to working with you for many years to come.

CoinCorner

Rated 5 out of 5 stars

Good service for buying BTC.

I needed to buy some BTC but none of the exchanges I had accounts with would allow that for UK residents, and Coinbase is useless anyway. Thought I'd give CoinCorner a try, and the process was very easy as they accept bank transfers. Money was credited immediately. To transfer my BTC out, I opted for the medium speed option of one week, and it took 6 days. Fees are only an issue if you transfer very small amounts at a time, I don't think 0.00015 BTC (0.00025 for quick transfers) is at all expensive especially when you are transferring thousands of £ worth at a time, as I will be.
A professional service I will be using them in the future.

4 September 2024
Unprompted review
CoinCorner logo

Reply from CoinCorner

Hi Ardmark

Thank you for your 5* review. We also offer a fee-free on-chain send option if you're realllly not in a rush for it to go and also free Lightning sends for smaller amounts if able to send that way. We look forward to assisting you in accumulating bitcoin long into the future.

CoinCorner

Rated 5 out of 5 stars

Great customer service

Had my email account compromised and the hacker somehow changed the password on my CoinCorner account. Thankfully had 2FA enabled so hacker couldn't get into my account. I contacted customer support to freeze the account so I can change the email address over. Contacted them today to get it changed over and was done in a matter of minutes. Great customer service and have always found this to be the case.

31 August 2024
Unprompted review
CoinCorner logo

Reply from CoinCorner

Hi Jim

Thank you for your 5* review and glad to hear you've managed to get everything sorted with the account. Thank you also for your kind words about the customer service provided. It's appreciated.

CoinCorner

Rated 2 out of 5 stars

Unannounced "Free gift" that I had to pay the postage on!

Opened an account with them but decided not to use them as they didn't offer the coin I was looking for. No problem there.
I then got a unannounced "free gift" from them of a pair of awful cheap socks. However, they didn't pay the postage so I had to pay £5 to find out what someone had sent me.
Would be 1 star but they did at least offer me a credit against my account. Not taking them up on the offer as if you can't manage socks correctly then I'm not trusting you with crypto.

8 August 2024
Unprompted review
CoinCorner logo

Reply from CoinCorner

We are sorry to hear that the package in question reached you without the required postage. We dispatch all items via Royal Mail, with postage paid on dispatch, but understand this became detached in transit on your item. If you do change your mind at any point regarding the credit we will be happy to honour it.

CoinCorner

Rated 1 out of 5 stars

Stay away

A company not used to dealing with sizeable sums. Incessant requests for increasingly intrusive details and confusing requests that frequently directly contradict previous messages.
Should be clear that it handles only small accounts and compliance department needs to move into the current century. Although commission seemed small, the spreads are massive. Possibly useful for small amounts

26 July 2024
Unprompted review
CoinCorner logo

Reply from CoinCorner

Hi Shane

Sorry to hear you were unhappy with our team's requests. We regularly deal with high value trades but are required by the regulations we operate under to obtain appropriate source of funds documentation, which we understand can be frustrating. However, as a business operating in the crypto-asset space we are under enhanced scrutiny. It is of course entirely up to the customer whether they wish to provide this and we respect your decision not to.

CoinCorner

Rated 5 out of 5 stars

Isle of Man Bitcoin Company CoinCorner

Isle of Man company CoinCorner provides the absolute best customer service you could wish to use.
If you are looking to buy or sell bitcoin their platform and app are excellent. Very slick process with a simple user interface.
But the best quality is the customer service which is quite simply outstanding.
The fees are on the upside but the service warrants this for the peace of mind CoinCorner delivers.
I cannot recommend this company highly enough.

24 July 2024
Unprompted review
CoinCorner logo

Reply from CoinCorner

Hi,

Thank you for leaving us such a nice 5* review. We're glad to hear you found the platform and app to be a good experience and will be sure to pass your kind comments on to our support team.

We look forward to seeing you back again soon.

CoinCorner

Rated 5 out of 5 stars

An Absolute Lifesaver


I'd purchased some crypto with another provider, with the intent of transferring it relatively soon. Said provider was incredibly stressful to deal with and I became worried that I would lose my funds.

Thankfully I was able to transfer my funds to CoinCorner and what a difference it is. Quick, live customer support chat that doesn't redirect you to another page. The representative I spoke to was incredibly helpful and answered all my questions in great detail.
I was able to transfer my funds out quickly, easily and with peace of mind. My only small complaint is the instant processing fee is quite high, but for the customer experience I've received within 24 hours of signing up I'm happy to pay it.

Thank you!

22 July 2024
Unprompted review
CoinCorner logo

Reply from CoinCorner

Hi,

Thank you very much for leaving us a 5* star review. We're glad to hear you had a good experience using the site.

We have recently introduced a tiered fee option for on-chain sends, where users can opt for a lower fee if they are willing to wait a little longer for this to be processed.

We look forward to continuing to serve you in the future.

CoinCorner

Rated 5 out of 5 stars

The best customer service I've received…

The best customer service I've received in a long time from ANYWHERE.

If you are reading this coin corner...please never change that. The worst thing is when a company cuts corners and customer service suffers.

And to the low review left regarding fees...that's totally unfair on coin corner. You should know fees fluctuate and are based on traffic at the time....its not something they control!

13 May 2024
Unprompted review
Rated 5 out of 5 stars

Fast service

I had the fastest service I've ever had using these guys , as I said in the thank you email I've had McDonald's delivered slower than that. All around good work !

10 May 2024
Unprompted review
Rated 5 out of 5 stars

Highly recommend coincorner

Highly recommend coincorner. Service was very good, but do understand that the fees and spread for dealing in BTC are fairly high and that you will need to go through with all the required KYC procedures. Everything was dealt with efficiently and, for me, most important of all, coincorner was an organisation I could trust.

8 April 2024
Unprompted review
CoinCorner logo

Reply from CoinCorner

Hi Nigel,

Thanks for leaving a 5* review! It's great to see that you've had a good experience using our platform and would recommend us, we hope to see you back on the site again soon.

CoinCorner

Rated 1 out of 5 stars

Was once reliable although commission…

Was once reliable although commission questionable. Now I wouldn't bother, convoluted, happily take transfers but make it complicated to withdraw your own funds. Constant error messages when trying to purchase any crypto. Don't bother

21 March 2024
Unprompted review
CoinCorner logo

Reply from CoinCorner

Hi Joseph

Sorry to hear you have been unhappy with the service provided. I can see you haven't completed the Investor Selection and quiz that is required for all UK citizens under new FCA regulations, which will be the reason you were unable to complete a bitcoin purchase. We're always happy to answer any queries and have Help Centre articles if customers are struggling to complete any part of the process. I can see you have been able to successfully complete your bank withdrawal in the end.

CoinCorner

Rated 1 out of 5 stars

£13.32 fee to send £18 worth of…

£13.32 fee to send £18 worth of bitcoin!!
On to a winner there aren't you CoinCorner laughing all the way to the bank eh, daylight robbery!! Won't be using your services again I'm closing my account down immediately!
Zero stars would not recommend 👎

19 March 2024
Unprompted review
CoinCorner logo

Reply from CoinCorner

Hi Craig

Sorry to hear you are planning closing your account. I assume you are referring to the network fee that is charged for on-chain bitcoin sends in order to pay miner fees. It's not recommended to send small amounts of bitcoin on-chain due to the fees involved and potential issues with UTXO management. We offer free bitcoin withdrawals via the Lightning Network, which would be what we'd recommend if sending smaller amounts. 

Just to add further to this, we have now introduced tiered send fees so users can select a lower fee (including zero) if they are happy to wait a bit longer for their send to go.

CoinCorner

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