Coineal Fee Calculator
Fee Calculation Tool
Estimate your trading fees on Coineal based on your trade volume and NEAL token holdings.
Estimated Trading Costs
About Coineal's Fee Structure
Standard Fee: Flat 0.20% per trade
NEAL Token Discounts:
- 10% holding = 0.15% fee
- 20% holding = 0.10% fee
NEAL Token was Coineal's native utility token offering fee reductions and early access to IEOs.
Why This Matters
Compared to industry leaders like Binance (0.10% maker / 0.12% taker) or Kraken (0.16% taker / 0% maker), Coineal's flat 0.20% fee was on the higher side. Additionally, the lack of regulatory licensing and security transparency adds significant risk.
Quick Summary
- Coineal launched in 2018, offered spot trading with a flat 0.20% fee.
- Native NEAL Token provided fee discounts.
- Regulatory oversight was minimal; the exchange faced security‑transparency concerns.
- Trustpilot rating sits at 2.4/5 (Sept2025); Reddit threads flag the platform as high‑risk.
- CoinCodex confirms Coineal has ceased operations - funds recovery is uncertain.
What is Coineal?
When you first hear the name Coineal a South‑Korea‑originated cryptocurrency exchange that began trading in April2018, the description sounds like any other spot‑trading platform. It advertised independent operation centres in South Korea and China and claimed a roadmap that included Japan, Russia, Singapore and the United States. The exchange accepted users globally, even advertising support for U.S. residents while warning them to check local regulations themselves.
Core Features and Fee Structure
The platform’s primary offering was spot trading direct buying and selling of cryptocurrencies without leverage. All trades, whether you were a maker or a taker, attracted a flat 0.20% commission. Compared with the industry average (0.10%‑0.20% on major exchanges), Coineal sat at the higher end of the “average” band.
To sweeten the deal, Coineal introduced the NEAL Token its own utility token that granted holders reduced trading fees and early‑access to IEO listings. Holding 10% of the circulating supply lowered the fee to 0.15%; holding 20% cut it to 0.10%.
Regulatory & Security Landscape
One recurring red flag was the exchange’s lack of clear regulatory licensing. The website’s compliance page was sparse, merely stating that users should “form their own opinion based on citizenship or residency.” No specific licences from South Korean, Chinese, or international regulators were listed. This vague stance made the regulatory compliance the process by which an exchange meets legal standards in its operating jurisdictions a major worry for risk‑averse traders.
Security transparency was similarly thin. Coineal never published a third‑party audit, cold‑wallet percentage, or bug‑bounty program. Community threads on Reddit repeatedly asked for “proof of reserves,” receiving generic statements from support instead. Without independent verification, the exchange’s security posture remained speculative.
Customer Experience & Support
From a user‑interface viewpoint, Coineal delivered a clean order‑book layout, candlestick charts, and a straightforward buy/sell box. Newcomers appreciated the minimal learning curve, while seasoned traders noted that advanced order types (e.g., stop‑limit) were missing.
Support channels operated 24/7 via live chat and email. However, multiple Trustpilot reviews highlighted slow response times, especially when users raised withdrawal issues. One reviewer praised “fast deposit processing” but later wrote that a subsequent withdrawal request was “stalled for three days with no clear explanation.”
How Coineal Stacked Up Against the Big Players
| Exchange | Flat Fee | Regulatory Licences | User Rating (Avg.) | Security Audits |
|---|---|---|---|---|
| Coineal | 0.20% | None disclosed | 2.4/5 (Trustpilot) | None publicly available |
| Binance | 0.10% (maker) / 0.12% (taker) | Multiple regional licences | 4.3/5 (Trustpilot) | Annual third‑party audit |
| Coinbase | 0.50% (flat) | U.S. Money‑Transmitter, EU AML | 4.2/5 (Trustpilot) | Regular SOC‑2 TypeII audit |
| Kraken | 0.16% (taker) / 0.00% (maker) | EU, U.S., Canada licences | 4.1/5 (Trustpilot) | Annual penetration test report |
The table makes it clear why Coineal struggled to attract institutional money: higher fees, no visible licences, and missing security audits placed it behind the market leaders.
Current Operational Status
As of October2025, Coineal is listed as “no longer operational” on CoinCodex. The platform’s website shows a generic disclaimer but no login portal, and the API returns empty data. No official statement has been released regarding asset recovery, leaving users in a legal limbo.
Industry analysts argue the closure reflects a broader consolidation wave where smaller exchanges, unable to meet escalating compliance costs, exit the market. While some former users report that their balances were automatically transferred to a third‑party custodial address, there is no verifiable proof, and the majority remain uncertain.
What Should Former Coineal Users Do?
- Gather Documentation: Export all email confirmations, KYC screenshots, and transaction histories from the Coineal dashboard (if still accessible).
- Contact Support One Last Time: Use the last known support email ([email protected]) and request a formal statement about fund status.
- File a Complaint: If you reside in the EU, submit a complaint to your national data‑protection authority; U.S. users can lodge a report with the FTC.
- Monitor Recovery Channels: Follow official Coineal social media (Telegram, Twitter) for any announcements about liquidation or asset distribution.
- Consider Legal Advice: For sizable balances, consult a lawyer familiar with crypto‑asset recovery.
While there is no guarantee of a full refund, taking these steps maximizes the chance of retrieving what’s left.
Bottom Line - Should You Trade on Coineal?
Given the flat 0.20% fee, a user‑friendly UI, and the novelty of the NEAL token, Coineal might have seemed attractive to a casual trader in 2022. However, the lack of licensing, opaque security measures, and now‑defunct status turn it into a high‑risk choice. For anyone still eyeing legacy accounts, the priority is to secure documentation and explore recovery options. New traders should look to regulated, audited platforms that openly publish security audits and hold clear licences.
Frequently Asked Questions
Is Coineal still trading cryptocurrencies?
No. As of October2025, Coineal is listed as non‑operational on major tracking sites and the login page is offline.
What was the fee structure on Coineal?
Both makers and takers paid a flat 0.20% per trade. Holding NEAL tokens could reduce the fee to 0.15% or 0.10% depending on the percentage of tokens owned.
Did Coineal have any regulatory licences?
The exchange never published any official licences. Its compliance page merely advised users to verify local regulations themselves.
How can I try to recover my funds?
Collect all account evidence, contact the last known support email, file a complaint with relevant consumer‑protection agencies, and consider legal counsel for large amounts.
What is the NEAL token?
NEAL is Coineal’s native utility token. Holders receive tiered fee discounts and occasional early‑access to Initial Exchange Offerings (IEOs) listed on the platform.
Post Comments (17)
Thanks for sharing this breakdown; it's helpful to see where Coineal stacks up against the bigger players. The fee table makes it clear that without NEAL holdings you're paying a bit more than Binance or Kraken. If you’re looking for lower costs, the token discount can shave a few basis points, but the overall fee is still on the higher side. It’s also good that you highlighted the lack of regulatory licensing – that’s a red flag for many traders. Overall, this review gives a solid snapshot for anyone weighing their options.
I get why the fee difference matters, especially if you trade a lot. Simpler fees are easier to track, and the safety concerns you mentioned can feel unsettling. It’s nice to have a clear picture before deciding where to put your money.
OMG this looks super detailed 😃 i love the way you laid out the numbers! but like, the security stuff is kinda scary lol 😂 make sure you do your own research before jumping in!
Great job summarizing the fees
Honestly, the fee structure seems a bit steep compared to the giants, but I appreciate that Coineal offers token discounts. Still, the missing regulatory info makes me hesitant; maybe they’ll improve transparency soon?
Well, you know what they don’t tell you? Behind those “flat” fees there could be hidden data collection or even backdoor trades. It’s not just about the numbers; it’s about who’s watching your moves. Keep an eye out for any sudden policy changes.
Look, the fees are higher and the security is questionable – that’s a fact. If you can’t handle that risk, there are better platforms out there.
You’ve highlighted the key points well. For anyone considering Coineal, weigh the fee advantage of NEAL holdings against the potential regulatory risk. It’s a trade‑off that depends on your risk tolerance.
The whole crypto exchange saga feels like a modern tragedy, doesn’t it? People chase low fees, ignore red flags, and end up caught in a web of uncertainty.
You're diving into a sea of numbers, and each wave of fees can either buoy your portfolio or drag it into the abyss; the fee schedule Coineal offers is like a lighthouse that flickers uncertainly in a stormy night, providing a glimpse of guidance but also casting shadows of doubt. First, the flat 0.20% rate sits comfortably above Binance's modest 0.10% maker fee, presenting a clear visual of the cost differential that traders must grapple with. Second, the NEAL token discount mechanism, while creative, resembles a coupon system that only rewards the few who already possess a substantial stake, leaving the average user to shoulder the full burden. Third, the lack of a recognized regulatory licence is not merely an administrative omission; it is a chink in the armor that could expose users to unforeseen legal entanglements. Fourth, the platform's security transparency, or lack thereof, feels like an opaque glass wall-shiny on the surface but concealing the structural integrity behind. Fifth, when you compare transaction costs across major exchanges, the cumulative effect of a higher fee over numerous trades can erode profits significantly, especially for high‑frequency strategies. Sixth, the token‑based discount model may incentivize token accumulation, but it also introduces market volatility that can affect your holdings beyond just fee savings. Seventh, user experience wise, the interface appears clean, yet the hidden complexities in fee calculations might bewilder newcomers. Eighth, from a risk management perspective, the absence of insurance funds or clear recourse mechanisms adds another layer of uncertainty. Ninth, the community feedback loops seem sporadic, which can make it difficult to gauge real‑time sentiment about platform reliability. Tenth, the lack of transparent audit reports further fuels speculation about internal controls. Eleventh, for institutional investors, the regulatory gray area could be a deal‑breaker, limiting Coineal's appeal to a niche retail crowd. Twelfth, the platform's roadmap, while promising, lacks concrete milestones that inspire confidence. Thirteenth, the educational resources provided are minimal, leaving users to navigate the fee structure largely on their own. Fourteenth, in a market where competition drives innovation, Coineal's relatively static fee model may struggle to attract long‑term loyalty. Finally, the decision to engage with Coineal should balance the allure of token discounts against the overarching need for security, regulatory compliance, and cost efficiency, ensuring that you are not merely chasing a discount at the expense of your financial safety.
Oh sure, because paying a higher fee is the new trend in crypto-who needs cost efficiency when you can have a fancy token name?
The review is thorough, but it could benefit from more user experience details, such as withdrawal times and customer support responsiveness.
Reading this feels like watching a circus where the clowns are the exchange’s owners, juggling fees and “security” while the audience silently wonders when the tent will collapse.
Honestly, if you’re set on using Coineal, start with a small amount, test the withdrawal process, and keep an eye on any sudden fee changes. That way you can gauge the real‑world experience beyond the numbers.
Stay positive! Even if Coineal isn’t perfect now, they could improve their licensing and security over time.
The platform’s fee architecture is suboptimal, but leveraging advanced order types and liquidity mining can offset some of the cost inefficiencies while you await regulatory compliance upgrades.
In the end, the market decides everything.