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What is Coinhako? Instructions for registration, trading on Coinhako exchange

Coinhako Cryptocurrency Exchange

What are the advantages/disadvantages of Coinhako compared to other exchanges? How does the exchange work, is it reputable? Let's Blogtienao (BTA) Find out in the next post!

What is Coinhako?

Coinhako is a cryptocurrency exchange that was established in Singapore in 2014 and has just entered the Vietnamese market. Coinhako users can make Crypto transactions in VND easily. 

People can buy and sell more than 35 different coins at Coinhako in VND. Among them are some names such as BTC, ETH, LTC, USDT, BNB ...

Some information about Coinhako exchange

  • Website: www.coinhako.com
  • Company products: HAKO TECHNOLOGY PTE. LTD.
  • Headquarter: Singapore
  • Business certificate: 201332728R issued by Singapore government on 05/12/2013. 
  • Owner: Yusho Liu (CEO)

Coinhako Exchange Review

Advantages

B2C Exchange

Unlike most exchanges that are operating under the P2P model, Coinhako currently operates under the B2C model.

This means that all transactions in Coinhako are done between the user and the exchange. If you are the seller, then Coinhako will be the buyer and vice versa.

Simply-designed, and easy-to-use interface 

The interface is clear and full of necessary information for everyone to easily transact. The platform supports Vietnamese, so it is very easy to use, even for those who are just starting to participate in the market.

Preferential transaction fees 

Users who deposit coins or Vietnam Dong (VND) into the exchange are completely free of charge. 

For each transaction of buying, selling and converting coins at the exchange, users will lose 1% of the fee. However, the fee can be greatly reduced because Coinhako side often issues transaction fee reduction codes. 

It's delicious, isn't it!

Fast transaction

Thanks to the advantage of high liquidity and B2C model, every transaction in Coinhako can be completed quickly with just one order. 

Help users do not need to place many orders at different prices to collect enough coins to buy.

Customer support service  

Coinhako has a customer care team that is constantly available to support users at any time.

You can contact the exchange's support team by sending an email, or sending a request via the support box on the Coinhako website. 

In addition, users can also receive support from the exchange's Facebook and Telegram communities.

Facebook link: https://www.facebook.com/Coinhakovietnam/

Telegram Links: https://t.me/CoinhakoSingapore

High security 

Founded in 2014 and continuously developing, Coinhako has become one of the safe exchanges, never having security problems or serious asset loss. This is probably one of my plus points for Coinhako. 

With the security system of the exchange, you can rest assured that your assets will be safe "go to the moon". 

Multi-bank support 

The exchange supports many banks, so you can easily buy, sell or withdraw coins in VND on the exchange.

Some banks Coinhako are supporting: Vietcombank, ACB, Techcombank, Sacombank... 

Support both on web and mobile app

Currently, Coinhako supports both web browser and mobile app. Therefore, you can conveniently trade and manage your assets anytime, anywhere.

You can download the app at the following 2 links:

Disadvantages

No license to operate in Vietnam yet 

In Vietnam, despite having a business certificate, Coinhako still does not have an operating license. However, the exchange has been fully licensed by the Singapore government.

This is also the general situation in Vietnam because there is no legal framework to regulate this new type of business. 

The community in Vietnam is not big yet 

Although it has been in operation since 2014, the exchange has only officially entered Vietnam recently. Currently, the community in Vietnam is still not strong and does not have active activities.

However, the majority of users in Vietnam are quite satisfied with the service of the exchange.

Instructions on how to register an account on Coinhako

Coinhako exchange has an easy-to-see and simple interface in many different languages ​​such as Vietnamese and English, making it easy for you to use. 

However, to make it easier for newcomers to learn and use Coinhako, I will provide detailed instructions for everyone to save time!

Coinhako exchange interface 

Coinhako's homepage has the interface as shown below. To switch to Vietnamese, select "flag" to change it to Vietnamese.

Introduction to the Coinhako exchange interface

Then people click on the bottom right corner to see the coin price.

Coinhako Exchange Coins Supported

Step 1: Prepare before registration

Before starting to get acquainted with Coinhako, everyone needs to prepare some necessary things so that the account registration does not take much of your time:

  • Email address: 
  • Photo of ID/CCCD, including: 1 front photo, 1 back photo and 1 selfie photo
  • The phone comes with the Google Authenticator or Authy apps pre-installed.

Step 2: Register a trading account

First people visit https://blogtienao.com/go/coinhako to enter the registration page. 

Fill in all information including: email, name, password. Passwords on Coinhako require at least 10 characters. Including at least 1 uppercase character, 1 lowercase character, 1 number and 1 special character such as !@#$…

If you have a referral code from a friend, fill it in, if not, skip it.

Then check the box at "By registering a Coinhako account, you agree to the Terms of Use and Privacy Policy" and click "Registration"

Sign up for a Coinhako exchange account

Next, you need to confirm your email address with Coinhako. You open the mail, you will see a confirmation email sent from the floor.

Click on the confirmation link in the email that everyone has completed the registration step.

Note: Since this is an automatically generated email, please check your spam or promotional items so you don't miss an email!

Step 3: Verify the identity for the account

The interface of the floor will be similar to the picture below, I have circled 3 boxes for you to see easily. 

Check box “Account Verification” to perform identity verification and account security settings.

“Super Wallet” is your Coinhako wallet. In the Super Wallet will display all coins that you can currently trade on the exchange.

Click "Receive" will see the wallet code to receive coins at the exchange and the button "To send" for people to send coins.

Verify the identity for the account

Level 1 Verification

Select cell “Account Verification” on the homepage friend A page will appear as shown below.

Firstly, friend select box “Country of Residence”.

Level 1 identity verification

choose "Vietnam" and note that select item "Citizen"! Then click "Upload".
Identity Verification Level 1- Photo 2

You continue to choose “Main source of income”. Continue to choose "Save" to complete this section.
Identity verification level 1 - Photo 3

As I mentioned the necessary documents in the above section, it is time to use the materials I told you to prepare!

Check box “Identity Verification Documents”.

Identity verification level 1 - Photo 4

There are 2 options for you: ID card/CCCD or Passport. Choose which one you find more convenient. This article I guide everyone Register with your ID/CCCD.

Everyone chooses “ID card / ID card”.

Identity verification level 1 - Photo 5

You press"Choose" and click "Upload" done. With ID/CCCD, you download two-sided card image.

Identity verification level 1 - Photo 6

Then you need to wait about 30-45 minutes for Coinhako to verify.

Identity verification level 1 - Photo 7

You will receive an email notification when the verification is complete. Check your account and see the message screen as shown below.

Identity verification level 1 - Photo 8

So your account has successfully verified Level 1. You can start Recharge to buy/sell coins at Coinhako.

Level 2 Verification

To increase the daily deposit/withdrawal limit, friend Level 2 verification can be performed by selecting “Continue Verification”. You do not need to wait for Level 1 to successfully verify to do Level 2. Level 2 identity verification

Coinhako will collect more information about friend, including: Phone number, selfie photo with ID/CCCD and a document proving your current address.
Identity verification level 2 - Photo 2

You choose “Verify phone number”, enter the phone number and select “Send Tokens” to receive the verification code.Identity verification level 2 - Photo 3

Friend enter the code received in the message from Coinhako and select "Upload".Identity verification level 2 - Photo 4

Next, friend select item “Selfie with ID/ID card”.Identity verification level 2 - Photo 5

Friend Just take a picture of you holding your ID/CCCD and a piece of paper with the words "COINHAKO day/month/year" as shown below.

Finished shooting, friend click "Choose" to select an image and press "Upload". Meveryone Remember to take photos so that you can see your face + information on your ID/CCCD.

Identity verification level 2 - Photo 6

Next, you choose the item “Document of proof of address”.
Identity verification level 2 - Photo 7

Friend One of the following documents is required: utility bill, bank statement, tax invoice, etc.

Note: These documents must be no more than 3 months from the date of friend registration. REMOVEyou can use account Internet Banking and get your statement online. The document must clearly show your name and address in Vietnam.

After the preparation is done friend Upload a photo or upload a PDF file for the floor system to confirm.

Identity verification level 2 - Photo 8

choose “Submit Level 2” Identity verification level 2 - Photo 9

After that, you wait patiently for Coinhako's verification.
Identity verification level 2 - Photo 10

Friend You will receive an email notification when the verification is complete. You check your account and see the message screen as shown below.Identity verification level 2 - Photo 11So friend Completed account verification.

Step 4: Account security instructions (2FA)

This step is not required, but you should do it to increase the security of your account.

Check box “2FA Settings” on the left hand side of the screen, then select “2FA settings” in the center of the screen to get started.

Coinhako account 2FA security

Next, you download the “Google Authenticator” or “Authy” app to your phone. After downloading, select "Continue".Coinhako account security - Photo 2

You turn on the Google Authenticator or Authy app in your phone to scan the QR code provided on the Coinhako website.

Then, you enter the 6-digit code from the Google Authenticator/Authy app on Coinhako web and click on the box “Activate 2FA”.

2FA security coinhako account - Photo 3

The picture below shows that you have successfully activated the 2FA code. After this, you just need to open the Google Authenticator/Authy app in your phone to be able to get the 2FA code to enter into the Coinhako web site.

Note: This code will change every 30 seconds, everyone. After 30 seconds, you have to get a new code to re-enter.

Coinhako account 2FA security - Photo 4

How to buy and sell on Coinhako

I often do the following transactions on Coinhako:

  • Transfer money directly to VND wallet on the exchange.
  • Conduct trading directly with the floor.
  • Withdraw money directly to your bank account.
  • Transfer coins to your Coinhako wallet or transfer coins to another wallet.

If you have problems or errors, chat live with “Support” right bottom corner for support.

Instruction on how to deposit VND into Coinhako wallet

At Super wallet, friend click on "Recharge" in VNDT wallet.

Deposit VND into wallet on Coinhako - Photo 1

You choose “Top up by interbank transfer” or arrow mark.
Deposit VND into wallet on Coinhako - Photo 2

You will see:

  • Account information for you to top up your Coinhako wallet.
  • Deposit code: Remember to enter the deposit code in the section "Transaction content" when transferring money to Coinhako wallet. If you forget to enter the code, please send an email to hello@coinhako.com for support.
  • Remember to carefully read the notes when making a deposit to avoid the case that the money does not enter the wallet.

Deposit VND into wallet on Coinhako - Photo 3

After you complete the transfer, the exchange will confirm and add money to your VND wallet friend. Usually Coinhako will verify quite quickly, not just dividing the 2 time frames as above.

Instruction on how to to add a bank account, and withdraw money from Coinhako to that bank account

To withdraw money, you need a bank account, that's why I combined these 2 steps into one.

At Super Wallet, you click "Withdrawal" in VNDT wallet.

Coinhako Bank Account Link

You choose “Withdraw money to bank account” or arrow mark.
Coinhako bank account link - Photo 2

If you have not added a bank account, select “Add bank account”.Coinhako bank account link - Photo 3

Then, you choose the country as Vietnam and fill in your bank account information. Next is to choose “Add bank account” done. You can add as many accounts as you want.

As shown below, it is successful. Next just click "Choose” to select the account you want to withdraw to.

Coinhako bank account link - Photo 4

When you withdraw money, the system will automatically ask for the 2FA code. So you need to enter the Google Authenticator/Authy code in your phone. Next, you choose "Continue".
Coinhako bank account link - Photo 5

Then enter the amount you want to withdraw and click “Request to withdraw VND”.
Coinhako bank account link - Photo 6

A confirmation email will be sent to the email address you registered with Coinhako.
Coinhako bank account link - Photo 7

Friend Remember to check your email and confirm the withdrawal request, otherwise the floor will not process it.

When will the floor finish processing? friend You will receive an email notifying you of a successful withdrawal. Note, Coinhako has a withdrawal fee of 20.000 VND.

Instructions for buying and selling USDT, BTC on Coinhako

The first red column (from the right) is the buy price, the second column is the selling price and the last column is the buy/sell order.

Buy and sell on Coinhako - Photo 1

Instructions for buying and selling USDT on Coinhako

Buy USDT

Step 1: Deposit VND into VNDT wallet on Coinhako

You switch back to Vietnamese at the top right of the flag to easily follow the steps.

First everyone access the section Electronic wallet then choose Recharge.

Deposit VND to buy and sell USDT on Coinhako

Transfer money to the bank account provided by Coinhako. To avoid losing money, remember to read the requirements carefully. When Coinhako confirms the deposit, the money will be in your wallet immediately. Usually the transaction confirmation time is quite fast.

Note: The content of the transfer you must call Recharge code provided by the platform. Money will not be added to your wallet if you forget to enter that Deposit Code. In case you have forgotten, please contact email: hello@coinhako.com or message directly at Support for support.

Deposit VND to buy and sell USDT on Coinhako - Photo 2

Step 2: Choose to buy USDT

Everyone go to the Transaction find USDT then select Buy hey.

Choose to buy USDT on Coinhako

At section "Chi" people enter the amount you want to buy. In the section "Receive" is the amount of USDT converted at the corresponding price. At different times, the price will change slightly, but not much, so don't worry. Last step just tap “Buy USDT” you have already bought USDT.

Payment of USDTB purchases

Sell ​​Tether (USDT)

Step 1: Choose to sell Tether

Similar to choosing to buy USDT, people also access the "Transaction" then select "Sell" hey.

Choose to sell USDT on Coinhako

At section "Chi" you enter the amount of USDT you need to sell. In the section "Receive" is the amount of VND that you receive respectively. Finally you just need to press “Sell USDT” you have already sold Tether.

Payment of USDTB sales

Step 2: Withdraw VND from Coinhako to your bank account

Everyone access "Electronic wallet" then select the button "Withdrawal" hey.

Withdraw VND from Coinhako exchange to Bank account

Here people choose Withdraw money to your bank account as shown on the left. Then everyone chooses Add a bank account as shown below right.

Note: The first time you withdraw, everyone will add a new bank account. From the 2nd time on, you don't need any more. Each account has more than one bank account.

Read more: What is Vietcombank Internet Banking? How to register and use the latest

Choose a withdrawal method

Enter all the required information. After entering, everyone click Add a bank account. So you have completed the steps to add a bank account.

Note: The bank must match your personal information. If you withdraw someone else's bank account, it will be refused.

Enter bank account information

To withdraw, press "Choose" to select the account you want to withdraw to.

Coinhako bank account link - Photo 4

There will be a two-factor authentication (2FA) request. Please get the code from Authy/Google Authenticator on your phone and fill it in “2FA Code”. Then press Continue.

Coinhako bank account link - Photo 5

Enter the amount of VND you want to withdraw and then press “Request to withdraw VNDT”.

Coinhako bank account link - Photo 6

Coinhako will send you a confirmation request to the email you registered your account with. Please confirm this email. The rest is just waiting for the money to be sent to your account.

Note: You must confirm your email to withdraw money.

Request confirmation by email

Instructions for buying and selling BTC on Coinhako

Buy Bitcoin (BTC)

Step 1: Deposit money into VNDT wallet

After logging in, you access the section Wallet (Electronic Wallet) then select the button Deposit (Deposit).

Top up vnd to buy and sell Bitcoin on Coinhako

Bank transfer according to the information provided by the exchange. Remember to read the requirements carefully to avoid losing money. After the transfer is complete, Coinhako confirms that the money will be in the wallet immediately. Coinhako usually verifies quite quickly, not 2 times 9 hours and 15 hours like before.

Note: When transferring, remember to fill in Recharge code Only when entering the transaction content will it be confirmed to add money to the VNDT wallet. If you forget, please chat directly with Support in the lower right corner or send an email to hello@coinhako.com for support.

 

Deposit VND to buy bitcoins on Coinhako - Photo 2

Step 2: Choose to buy BTC

You guys go to the Trade Find BTC. Then select the button Buy (Buy).

Choose to buy BTC on Coinhako

Enter the amount of VND you need to buy BTC in the "About“. BTC will be converted to the corresponding in the “Receive"depending on the price from time to time. Then you click Buy BTC. You can also enter the code HAKOxBTA to get 20% off transaction fees.

Payment of Bitcoin purchases

So you have bought BTC already!

Sell ​​Bitcoin (BTC)

Step 1: Choose to sell BTC

This part is also very simple. You guys go to the Trade, find BTC and click on the . button Sell ​​(Sell) in the Bitcoin buying and selling section on Coinhako

Choose to sell BTC on Coinhako

Enter the amount of BTC you need to sell in the section "Chi". VND will be converted accordingly in "Receive" price depending on the time. Then you just need to press Sell ​​BTC that's done.

Payment of Bitcoin sales

Step 2: Withdraw VND to your bank account

You access the section Wallet then select the button Withdraw (Withdraw).

Withdraw VND to your bank account

Here you choose Withdraw money to your bank account. Next, an image will appear as shown on the right below. You choose Add a bank account. 

Note: You can add multiple bank accounts. The first time you withdraw, you need to add it, but from the next withdrawal, you don't need to add it anymore.

Choose a withdrawal method

Enter your account information according to the form provided. Then you click Add a bank account .

Note: You can only withdraw money to your bank account. Withdrawals to accounts that do not belong to you will be refused.

Enter bank account information

After the link is successful, everyone just press the button choose to withdraw to your account.

Coinhako bank account link - Photo 4

When making a withdrawal request, the system will ask for a code (2FA). Open the Google Authenticator or Authy app to get the code to fill in, then press Continue.

Coinhako bank account link - Photo 5

Enter the amount you want to withdraw then press Request to withdraw VNDT.

Coinhako bank account link - Photo 6

Confirmation email is sent to the email address where you registered your Coinhako account. After successful email confirmation, you have made a successful withdrawal request. Now, you just need to wait for the money to be deposited into your bank account.

Request confirmation by email

Receive and send Crypto from Coinhako

In addition to buying/selling in VND, friend It is also possible to directly send Crypto from personal wallet to Coinhako wallet and vice versa.

Get coins

Next, I will guide friend How to send BTC to Coinhako exchange:

Friend click click "Receive" right side of BTC wallet.Get crypto exchange on Coinhako

Copy the BTC address and then transfer BTC from the personal wallet account to the exchange address according to the copied address.
Receive Crypto from Coinhako exchange - Photo 2

Finally, wait for confirmation of the BTC deposit process.

Note: Only deposit BTC to BTC address on Coinhako exchange. If friend If you send another coin, you will not get it back.

Withdraw coins

Withdrawing BTC is also done the same way as depositing BTC on the same interface. You choose item "To send" next to the BTC wallet.

Later enter BTC wallet address and amount of BTC you want to send then click "Continue".

Withdraw Crypto from Coinhako

Coinhako will ask you to confirm all transaction information. After checking the information, select confirm.

A confirmation email will be sent to the email address you registered with Coinhako.

Request confirmation by email

Friend need to check email and confirm sending request, otherwise Coinhako cannot process it. You can rest assured because there will be an email notification when the coin is successfully sent. Usually it only takes a few minutes.

How to get ref link to introduce Coinhako exchange

People click on refer friends or go to this link: https://www.coinhako.com/wallet/affiliate_program/commission_history

In the commissions section in the account section, friend copy the share link to send to friends when they need to create an account and trade on Coinhako.

Referral commission level friend receive 20% of the total transaction fee.

Referral link

Frequently asked questions when trading coins on Coinhako

Should I trade on Coinhako?

Compare to Remittan, Coinhako has the same age (since 2014) and is also the top exchange in Singapore, one of the most difficult markets in Asia.

The floor has fast customer services, multi-bank support, very convenient for all everyone.

To make sure, friend You can try to test the floor with a small amount of money before making big deals.

Is Coinhako exchange safe and reputable?

The answer is yes!"

Along with common security measures such as 2FA, the exchange also uses SSL (Secure Sockets Layer) to ensure that user information is completely encrypted and sent over the Internet securely.

In addition, the floor has never had problems such as being hacked or leaking user information, so you can rest assured.

Has the Coinhako exchange been hacked?

Until now, not yet.

How much is the deposit/withdrawal fee on Coinhako exchange?

Deposit fee: Free

Withdrawal fee: You can see details of withdrawal fees for all coins at: https://support.coinhako.com/hc/vi/articles/115002062992

How much is the transaction fee on Coinhako exchange?

1.0% of the transaction volume of each coin purchase, sale and conversion.

Does Coinhako exchange suffer from maintenance errors?

Occasionally, the exchange also has errors such as: unable to withdraw money, login / registration error or unable to trade.

However, these errors are completely normal and the floor resolves the problem quite quickly. With regular maintenance, the floor always gives advance notice so friend You can be proactive.

Is Coinhako exchange a scam?

So far, not yet. Coinhako operates under the laws of Singapore.

Coinhako exchange of which country?

The exchange was established in Singapore and has a registered business license in Vietnam.

What is the deposit/withdrawal limit on Coinhako exchange?

To deposit to Coinhako, you need to complete at least KYC level 1. After your account completes KYC level 2, you will no longer be limited to the amount of deposit.

Which exchanges does Coinhako support?

Coinhako is currently concentrated in 4 countries Vietnam, Singapore, Malaysia, Indonesia.

Conclusion

Coinhako is a cryptocurrency exchange that has been in operation for 6 years, has served nearly 200.000 users in the Asia region and has completed more than 35 million transactions on the exchange.

From there, Coinhako has proven itself in the cryptocurrency market when it is trusted by everyone to trade.

Coinhako is a new factor in the Vietnamese Crypto market, helping people have more places to transact, freely choosing the best utilities for themselves.

Hope this article helps you better understand Coinhako as well as help you find a safe and reliable place to trade Crypto. Blogtienao (BTA) Wish you a successful investment and a lot of profit!

5/5 - (3 votes)
Pham Quoc Dathttps://phamquocdat.net
I'm just a simple man trying to make my way in the crypto space.
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