Launched on 15 Nov 2017, CoinTiger is a centralized exchange located at 2 Venture Drive #11-30 Singapore. It supports CNY deposit and withdrawals.
CoinTiger claims to be the first crypto exchange to introduce an equity mechanism with its native TigerCash (TCH) token. It has reportedly allocated 50% of its FY2018 annual net profit to TCH holders at the ratio of 100 TCHs: 0.554BitCNY during March 2019. Since its launch in November 2017, CoinTiger has iterated on its platform and now has an ecosystem comprising web, iOS, Android applications, and exchange services (e.g. cryptocurrency trading, Ticker Capital, Labs, IEO Project Voting program). In mid 2019, CoinTiger users reportedly stood at 2 million across 100 countries in Asia, North America, Africa, and Europe.
Cybersecurity Measures: The firm reportedly has several partners to provide smart contract auditing and network security such as Chaitin Tech, SECBIT, KNOWNSEC.COM, Lianan.org, and John Wick Security Lab.
OTC: The firm reportedly offers crypto-fiat exchange services that allow users in Australia, Canada, Singapore, the United Kingdom, and Hong Kong to cash out US dollars in their respective local bank accounts.
KYC: KYC is not compulsory unless users are withdrawing an amount of more than 2 BTCs or want to trade in FIAT. KYC is optional for users that do not trade in fiat or withdraw less than 2 BTCs.
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