How to earn on Coinlist 💰
Blog » How to earn on Coinlist 💰
Coinlist is one of the most popular platforms among users of cryptoassets.
In this article we will tell you:
- What is Coinlist
- What the platform is useful for
- Is Coinlist secure?
- How to register an account and pass verification
- How to participate in safes and make different transactions on the platform
What is Coinlist 🤔
Coinlist is a platform where new tokens first enter the market. With its help, users can buy cryptocurrencies before they are listed on cruptocurrency exchanges.
The project appeared in the United States in 2017. On the platform, users can:
- buy, sell and exchange cryptocurrencies,
- participate in ICOs,
- earn money from storing coins(stacking),
- buy tokens that can potentially grow in value,
- view the current rates of cryptocurrencies from your personal cabinet,
- convert cryptocurrencies into ERC20(DeFi) tokens.
The platform’s website is only available in English.
Why is Coinlist useful
✅For users
Coinlist gives users an opportunity to buy promising coins, which can bring significant income in the future. However, it is worth considering the risks: no cryptocurrency has come close to bitcoin’s performance yet, and cryptocurrencies themselves are volatile — they are constantly changing in price.
That’s why it’s important to invest in Coinlist money that you’re potentially ready to lose.
✅To token creators
With Coinlist, companies can get investment and capital for further development.
✅The platform itself
The platform earns through transaction fees. We will talk about them below.
How to register on Coinlist 👨🏻💻
- Go to the home page and click “Get started”.
- Fill in your data for registration and click “Create account”.
- After, Coinlist will email you to verify the specified email.
- After confirming the email, you will open the main page of Coinlist.
How to get verified on Coinlist
In order to trade cryptocurrencies and participate in sales, you need to verify your account. Unlike one of the most popular cryptocurrency exchanges Binance where verification of your data can take days, verification of the account on Coinlist happens while filling the data.
To verify your account:
- Open the Wallet tab in your personal account on Coinlist:
- Click Verify and fill in your name and who exactly will be using the account:
- After you fill in your details, click “Save and continue”. A window will open in which you will have to fill in the country. Coinlist warns, that depending on the country, some tokens may not be available:
- After that, you need to specify your residential address, date of birth and phone number.
- At this stage, Coinlist will verify your personal data. To do this, you need to prepare an identity document: a passport or a driver’s license. If you are registering from a computer, a QR code will appear on the screen, which must be scanned with your phone or tablet. Then a website will open on the screen, where you first need to make a photo of your document. Once loaded, the front camera will open to make a selfie. Next, Coinlist will start checking the document photo and the selfies: it will take about 1 minute to verify. If everything is good, your account will be verified.
- In the new window, specify your profession.
- At this point, Coinlist will ask you to install one of the following apps: Google Authenticator, Duo Mobile or Microsoft Authenticator. Then you need to open the application on your phone or tablet and scan the QR code. A 6-digit code will appear on the screen of your mobile device, and you will need to enter it on the website.
- That’s all: your account is verified and ready for work.
Terms of Coinlist☝️
Coinlist, like any platform, has its own strict rules and terms of work.
Coinlist Commissions
Coinlist has three types of commissions:
- Token exchange within the platform occurs with a commission of 0.5%;
- Trading commission is 0.25% for makers and 0.45% for takers;
- The withdrawal commission depends on the specific cryptocurrency. For example, for bitcoin, it is 0.00025 BTC.
Deposit amounts
Minimum deposit on Coinlist:
- In dollars: from $5
- In cryptocurrencies: from 0,0001 BTC.
Maximum deposit on Coinlist:
- In dollars: up to $20,000
- In cryptocurrencies: no limits
Restrictions on Token Sale participation
Coinlist has restrictions on participation for users from some countries. For example, residents of Crimea, Iran, North Korea, Syria, and Cuba cannot participate in token sales. At the same time, unlike most platforms and companies, Coinlist did not impose any restrictions on the residents of Russia.
How to work with Coinlist 👨🏻💻
You can top up your Coinlist balance in cryptocurrencies or US dollars.
Topping up Coinlist with dollars
In this case, the recharge will be from a bank card. It is important that your bank must be in the Coinlist. Otherwise, you will not be able to deposit from the card.
Deposit from a cryptocurrency wallet
- Open the wallet tab and select the desired cryptocurrency you want to transfer to your account. We chose bitcoin (BTC). Then click “Deposit”.
- There will be a standard warning that you have to transfer exactly the selected cryptocurrency. Press “I understand”.
- You will see a generated QR code, by which you will have to transfer funds.
How to withdraw money from Coinlist
To withdraw your assets:
- Go to the Wallet section and click “Withdraw”.
- Specify the address where you want to send the funds and the number of coins. After that, click “Review” to send the amount.
How to exchange cryptocurrency on the platform
- Open the Buy & Sell tab.
- Select the currency you want to buy and which currency you want to pay with.
- Specify the amount and click Preview Order.
Coinlist will then show you the final purchase amount and give you 30 seconds to execute the transaction. If you don’t manage to confirm the order in that time, the transaction will be cancelled.
Token Sale registration
All Coinlist token sales can be viewed in the Token sales tab. You can participate in token sales that have “Learn more” written next to them.
When you click “Learn more” in front of the sale, you will be redirected to the website of the sale.
There will be information about the sale itself, the date of the event, the cost of tokens, how to register for a particular sale, etc.
How does the token sale work?
🟪Before the start
You will be notified 12-13 hours in advance of the sale. Additionally, you can check the information in your Сoinlist account.
🟪During the sale
After the start of the sale, each user gets a place in the queue. A place is chosen at random. This rule of the sales is one of the reasons why users try to find ways to create additional accounts on the platform. More about this will be at the end of this article.
When it comes to the user’s turn, he selects the amount and currency of the purchase and then pays for the tokens he wants.
How to get the purchased tokens
The method of obtaining tokens depends on the conditions of a particular sale.
🟪The standard way
Most of the time, the purchased tokens reach the Coinlist wallet.
🟪Special ways of a particular sale
The alternative ways to get tokens depend on the conditions of the particular sale. If you plan to sell the tokens immediately after purchase, you must clarify the conditions for obtaining tokens during a particular sale.
Coinlist referral program
For some countries, Coinlist has a special referral program for users: for each referred user, you can get $10.
How reliable is Coinlist? 🔒
The platform thoroughly checks all users: both those who want to use the platform for transactions and companies that offer new tokens.
This helps to protect users from fraud. It is important to keep in mind that the platform cannot guarantee that a particular coin will rise in value or vice versa.
Coinlist is very careful about the security of the users themselves. To make sure your account is secure:
- Only log into your account from trusted devices and programs.
- Set up two-factor authentication. To do this, go to Your account
Then click on the Security button. 
Scan the code from your mobile device with Google Authenticator, Duo Mobile or Microsoft Authenticator. Then enter the code from the app in your browser window and save the codes that appear on your screen.
Why do you need Dolphin{anty} anti-detect browser for Coinlist 🐬
To increase the chances of getting a higher position in the queue, active sales participants set up additional accounts. If many users claim a particular token, this increases the chances of getting. Given the difficulty of verification on Coinlist and the inability to officially have more than one account, users register additional accounts for friends or buy them.
At the same time, if one device is used to log in or register accounts, Coinlist anti-fraud systems can block all accounts that have the same digital fingerprint: the user’s device, connection, and browser data.
With Dolphin{anty} anti-detect browser, you can work with multiple Coinlist accounts from a single device. This is because the anti-detect replaces your real digital fingerprints with the fingerprints of other users.
An added benefit: Dolphin{anty} is one of not many anti-detect browsers that has an indefinite free subscription plan of 10 browser profiles. In a separate article, we revealed in more detail how Dolphin{anty} helps with cryptocurrencies.
There are active discussions 👉🏼 in our Telegram chat on the background of participation in Coinlist sales. Join us so you don’t miss out.
