Already have a Token Sale Manager account? Log in

Help & FAQs

Frequently asked questions

What is an accredited investor?

Accredited investors meet standards defined by the US Securities and Exchange Commission which allow them to invest in certain private securities offerings. Most startups raising money do so from accredited investors only.


The SEC web site contains the full definition. In general, any of the following would meet the standard:


  • Individuals with annual income over $200K (individually) or $300K (with spouse) over the last 2 years and an expectation of the same this year
  • Individuals with net assets over $1 million, excluding the primary residence (unless more is owed on the mortgage than the residence is worth)
  • An institution with over $5 million in assets, such as a venture fund or a trust
  • An entity made up entirely of accredited investors

What is CoinList?

CoinList is where early adopters invest in and trade the best digital assets.

How do I show accreditation based on crypto assets?

In order to fulfill the accreditation requirements with your crypto-asset holdings, you can either

  • Upload a screenshot from a credible cryptocurrency exchange or wallet showing holdings & valuations worth over $1MM USD. The screenshot should include the date and evidence tying the investor to the account (e.g. your name or the investing entity's name), or
  • Upload a message cryptographically signed using the private key of your wallet or wallets, proving that you own assets worth over $1MM USD. 
In either case, you will also need to provide documentation of your debts (e.g. via a credit report or letter from your accountant) in order to qualify. 


Detailed instructions for preparing a signed message


1. Prepare the following message for signature:


I, <Signatory Name>, certify under penalty of perjury that <Investing Entity Name> is the sole owner of the cryptocurrency address associated with this message as of <Today's Date>.


Replace the angle brackets with your name, the name of the investing entity, and the date.


2a. Signing the message - ETH


For Ether, use MyEtherWallet's message signing tool


Paste the message into the text field.




Select your wallet provider. (In this example, we use MetaMask.)




Click 'Connect'. Then, click 'Sign Message' to sign and approve the transaction. (There is no cost.)




Here is an example signed message:




2b. Signing the message - BTC


For Bitcoin, most wallets implement the ability to sign a message with your Bitcoin address’ private key. See this tutorial about how to sign a messaging with a blockchain.info wallet. See here for Jaxx wallet.


3. Submitting


Create a document with the message you signed, address, and message signature (sample information provided below):


A. Message:


I, John Smith, certify under penalty of perjury that I am the sole owner of the cryptocurrency address associated with this message as of Dec. 13, 2017.


B. Address


1UsRE3sak3u7qNaQ8Y1X4UmQS93qruLMt


C. Signature


IEXlF8laYLp1ZdQbIxWcXvQdt7d/0TyKLqKMNoTdpqCXG7LLm6upe4wjl6q9ZAtHc4paw9LqP8CudBNyOEwt1mo=


You can upload this information via the CoinList sale registration process or email the information to our team at team@coinlist.co.


In the event that your funds are spread across multiple wallets, you will need to include a signed message from each address.


Also, remember to provide documentation of your debts (e.g. via a credit report or letter from your accountant).

CoinList Referral Rewards

(Updated  October 10, 2020) 


CoinList Referral Program 

If you refer a friend to CoinList and your friend successfully onboards to coinlist.co and completes a buy or sell order of $100 USD or more (or 100 USD equivalent of any cryptocurrency) in a single trade on coinlist.co within 90 days of signing up, you and your friend may be eligible to receive ~$10 of BTC deposited into each of your CoinList Wallets. Trades on CoinList Pro are not eligible for referral rewards


There are 2000 rewards available for all users each month. You may see the remaining rewards for the current month at coinlist.co/rewards. Rewards will be distributed on a first-come, first-serve basis. If there are no more remaining rewards for the month and you make a successful referral, you will not receive a referral reward in that month or any other. 


If you make a successful referral, your referral reward will be delivered to your wallet approximately 4 days after the transaction. The amount of BTC will be calculated at the market price of BTC at the time of distribution. 


Eligibility 

In order to be eligible for the referral bonus, both users must be in one of CoinList Market's approved jurisdictions. In addition, new user accounts from Bangladesh, India, Indonesia, Philippines, Nigeria, Russia, Uzbekistan, Thailand, Turkey, and Vietnam are ineligible.  Please see coinlist.co/legal for more details on approved jurisdictions. 


Additionally

  • Each user must sign up and complete KYC.
  • The new user must sign-up via an eligible referral link. 
  • Only one referral link per new user may be used. 
  • Only one entity per user is eligible.
  • CoinList employees and contractors are not eligible. 
  • New users must make a purchase or sale of $100 (or cryptocurrency equivalent) in a single transaction on coinlist.co
  • Trades on CoinList Pro are not eligible for referral rewards
  • New user must trade within 90 days of completing KYC
  • CoinList reserves the right to not distribute rewards to any user for any reason at its sole discretion. 

Period

There are 2000 rewards available for all users each month. You may see the remaining rewards for the current month at coinlist.co/rewards. The program has no scheduled end-date. CoinList retains the right to end or modify the rewards program at any time. 


Reward Distribution

For each eligible referral, CoinList will distribute $10 of BTC, which shall be deposited into such user’s CoinList wallet subject to eligibility. Rewards will be distributed approximately 4 days after an eligible referral. 


The amount of BTC will be calculated at the market price of BTC at the time of distribution. It may not equal exactly $10 due to market price fluctuations.


There are 2000 rewards available for all users each month. Rewards will be distributed on a first-come, first-serve basis. If there are no more remaining rewards for the month and you make a successful referral, you will not receive a referral reward in that month or any other.  


Additional Terms & Conditions

You agree to be bound by these Rules and the CoinList Terms and Conditions, found here, by participating in the Referral Program. CoinList Markets does not guarantee any payment pursuant to the Rules. CoinList Markets reserves the right to change the Rules or cancel the Referral Program at any time in its sole and absolute discretion. CoinList Markets also reserve the right to render a user ineligible for participation in this referral program should it hold, in its sole discretion, that the user has engaged in any fraudulent, deceptive, abusive or unlawful behavior, including but not limited to Prohibited Use or Prohibited Businesses as those terms are defined in the Terms of Service, found here.


How long do wire and ACH transfers take?

Domestic Wire transfers can take up to 1-2 business days. 

International Wire transfers can take up to 5-7 business days. 


Normal ACH transfers can take up to 3-7 business days.

Instant ACH transfers are credited same day, but the debit may not be reflected in your bank account for up to 1-2 business days.


There are limits to the maximum amount you can fund your account via ACH. Please see coinlist.co/legal for the most up to date information. 

What is KYC/AML?

In order to invest through CoinList, you need to pass identity verification and KYC/AML (Know Your Customer/Anti-Money Laundering) checks. These checks apply equally to U.S. and non-U.S. residents. In general, you will need to provide name, address, a selfie, and government-issued ID image. 


You can learn more about KYC/AML here.

CoinList Referral Ticket Competition

Update - June 15, 2020 

Referral Tickets will continue to be awarded until 10,000 tickets have been distributed per the eligibility of CoinList's Referral Program. 


Overview - Referral Tickets

If you refer a friend to CoinList and your friend successfully onboards to coinlist.co and completes a buy or sell order of $100 USD or more (or 100 USD equivalent of any cryptocurrency) in a single trade within 90 days of signing up, you and your friend each receive one referral ticket. You can receive multiple tickets during the period. The competition ends once 10,000 referral tickets are distributed. 


After 10,000 tickets are distributed, CoinList will randomly select one referral ticket from the pool of all referral tickets. An individual user may earn unlimited referral tickets during the period. The owner of the winning referral ticket will receive 1 BTC, which will be automatically deposited into his or her account. 


Eligibility 

In order to be eligible for the referral tickets, both users must be in one of CoinList Market's approved jurisdictions. Please see coinlist.co/legal for more details on approved jurisdictions. Additionally: 


  • Each user must sign up and complete KYC.
  • The new user must sign-up via an eligible referral link. 
  • Only one referral link may be used. 
  • Only one entity per user is eligible.
  • CoinList employees and contractors are not eligible. 
  • New users must make a purchase or sale of $100 (or cryptocurrency equivalent) in a single transaction
  • CoinList reserves the right to not distribute rewards to any user for any reason at its sole discretion. 

CoinList reserves the right to not award rewards for any reason at its sole discretion. 


Competition Period

The competition period will end after 10,000 referral tickets have been distributed. Any referrals made after this date will not credit either the referring user or their friend with either the referral bonus or the ticket.


Reward Distribution

The winning ticket from the competition will be selected at random from the pool of 10,000 referral tickets following the close of the Competition Period. The owner of the winning ticket in the competition will receive 1 BTC, subject to eligibility, which shall be deposited into such user’s CoinList wallet. 


The winner of the competition will be announced shortly following the end referral via email. The winner of the competition agrees to have their name used in additional CoinList marketing materials in association with this competition. 


Additional Terms & Conditions

You agree to be bound by these Rules and the CoinList Terms and Conditions by participating in the Referral Competition. CoinList Markets does not guarantee any payment pursuant to the Rules. 10,000 referral tickets are available during the period. CoinList Markets reserves the right to change the Rules or cancel the Referral Competition at any time in its sole and absolute discretion.





Topics

Investors

What is an accredited investor?

Accredited investors meet standards defined by the US Securities and Exchange Commission which allow them to invest in certain private securities offerings. Most startups raising money do so from accredited investors only.


The SEC web site contains the full definition. In general, any of the following would meet the standard:


  • Individuals with annual income over $200K (individually) or $300K (with spouse) over the last 2 years and an expectation of the same this year
  • Individuals with net assets over $1 million, excluding the primary residence (unless more is owed on the mortgage than the residence is worth)
  • An institution with over $5 million in assets, such as a venture fund or a trust
  • An entity made up entirely of accredited investors

How do I show accreditation based on crypto assets?

In order to fulfill the accreditation requirements with your crypto-asset holdings, you can either

  • Upload a screenshot from a credible cryptocurrency exchange or wallet showing holdings & valuations worth over $1MM USD. The screenshot should include the date and evidence tying the investor to the account (e.g. your name or the investing entity's name), or
  • Upload a message cryptographically signed using the private key of your wallet or wallets, proving that you own assets worth over $1MM USD. 
In either case, you will also need to provide documentation of your debts (e.g. via a credit report or letter from your accountant) in order to qualify. 


Detailed instructions for preparing a signed message


1. Prepare the following message for signature:


I, <Signatory Name>, certify under penalty of perjury that <Investing Entity Name> is the sole owner of the cryptocurrency address associated with this message as of <Today's Date>.


Replace the angle brackets with your name, the name of the investing entity, and the date.


2a. Signing the message - ETH


For Ether, use MyEtherWallet's message signing tool


Paste the message into the text field.




Select your wallet provider. (In this example, we use MetaMask.)




Click 'Connect'. Then, click 'Sign Message' to sign and approve the transaction. (There is no cost.)




Here is an example signed message:




2b. Signing the message - BTC


For Bitcoin, most wallets implement the ability to sign a message with your Bitcoin address’ private key. See this tutorial about how to sign a messaging with a blockchain.info wallet. See here for Jaxx wallet.


3. Submitting


Create a document with the message you signed, address, and message signature (sample information provided below):


A. Message:


I, John Smith, certify under penalty of perjury that I am the sole owner of the cryptocurrency address associated with this message as of Dec. 13, 2017.


B. Address


1UsRE3sak3u7qNaQ8Y1X4UmQS93qruLMt


C. Signature


IEXlF8laYLp1ZdQbIxWcXvQdt7d/0TyKLqKMNoTdpqCXG7LLm6upe4wjl6q9ZAtHc4paw9LqP8CudBNyOEwt1mo=


You can upload this information via the CoinList sale registration process or email the information to our team at team@coinlist.co.


In the event that your funds are spread across multiple wallets, you will need to include a signed message from each address.


Also, remember to provide documentation of your debts (e.g. via a credit report or letter from your accountant).

What is KYC/AML?

In order to invest through CoinList, you need to pass identity verification and KYC/AML (Know Your Customer/Anti-Money Laundering) checks. These checks apply equally to U.S. and non-U.S. residents. In general, you will need to provide name, address, a selfie, and government-issued ID image. 


You can learn more about KYC/AML here.

What’s a qualified purchaser?

Qualified purchasers as defined by the US Securities and Exchange Commission are individuals with at least $5M in investments or funds with at least $25M in investments.

Is there a contact email?

All questions can be sent to team@coinlist.co.


How long does accreditation take?

Accreditation can take up to 72 hours, though it’s usually much faster. You can see the status of your accreditation application here.


Please contact team@coinlist.co with any accreditation specific inquiries.


Why do you need my SSN?

Your SSN is required under our KYC/AML policy, a process set by our banking provider. We verify US investor's social security number and birthdate against credit records then verify the investment signatory against OFAC and similar databases to flag prohibited or high risk persons and entities.


How do I accredit my company?

In order to accredit your company entity with CoinList, you need to meet any of these following SEC requirements:


  • upload statements showing net assets greater than $5m, dated within 90 days 
  • upload documents showing that all shareholders are qualified purchasers 
  • upload documents showing that all shareholders are accredited investors based on individual assets over $1m or income over $200k ($300k with spouse)

How do I accredit my trust?

In order to accredit a trust, you need to provide documents showing the trust's asset amount is over $5m. You can have your attorney or CPA write a letter attesting to this. Here is a set of templates that can be signed by them.

Why is a credit report necessary?

If you are providing evidence of your accreditation on the basis of having over $1 million in net assets, the company you are investing in is required to verify your debts in order to confirm that your net assets are greater than $1M. CoinList requests this credit report and includes only total debts (excluding mortgages) when verifying your accredited investor status.

Why did my accreditation status "expire"?

According to SEC rules, we must check your accreditation status every three months if you accredited based on net-worth, and annually if you accredited based on income.

Who will see accreditation documents I upload?

Documents you upload as evidence of accreditation are kept private and are only used to assess your accreditation status. Our team of licensed attorneys and CPA's review these documents to ensure that the relevant accredited investor thresholds are met.


Transferring your AngelList login to CoinList

CoinList is discontinuing support for AngelList logins on CoinList. All legacy AngelList login users were assigned a CoinList account that is associated with their AngelList email. This account contains all of the CoinList account history associated with your AngelList login.


CoinList sent an email requesting legacy AngelList users on CoinList to generate a new password for their CoinList account.


In order to login to your CoinList, you will need that password or if you have forgotten the password or never set it up, you will simply need to click “forgot password” on the CoinList log in page to reset it it.


The new password will be unique to your CoinList account and will not impact your AngelList account.


In order to access wallets and trading on CoinList, you may be required to submit additional KYC documentation and set up two-factor (2FA) authentication for your CoinList account. 


Your AngelList 2FA will not carry over to your CoinList account. If you are experiencing issues with your 2FA, you may need to disable your 2FA and re-enable. You can find these settings under "Account" and "Security." If you continue to have issues, please submit a help request to team@coinlist.co to have your 2FA reset. 


If you have already completed these steps, then no further action is required beyond resetting your CoinList password.



About

What is CoinList?

CoinList is where early adopters invest in and trade the best digital assets.

What is Token Sale Manager?

Token Sale Manager (formerly "ComplyAPI") empowers digital asset companies and networks to run a compliant token sale by providing tools to manage investors, meet compliance requirements, sign and distribute documents, and securely accept payments.

Can non-US residents use CoinList?

Non-US investors can invest and trade on CoinList as long as they meet local laws regarding investment compliance. Please visit coinlist.co/legal for more information and contact team@coinlist.co with any questions.


Is CoinList licensed or regulated?

CoinList Markets, LLC is registered as a money services business with the Financial Crimes Enforcement Network (FinCEN), Registration Number 31000158383629. CoinList Markets, LLC is registered with the Nationwide Multistate Licensing System and Registry (NMLS), ID number 1785267. 


CoinList Services, LLC is a technology services company that assists with the compliant purchase and sale of tokens and is not a licensed entity.


CoinList Lend, LLC is a proprietary cryptocurrency lender and is not a licensed entity. 


EC Securities LLC is a FINRA and SEC registered broker-dealer CRD#: 287845/SEC#: 8-69913.


Security & 2FA

CoinList use two-factor authentication (2FA) for every account and most transactions, and we partner with top custodians like BitGo and Gemini Custody so your funds are safe. Funds held in cold storage are insured by our custodian partners' insurance policies. Best of all, crypto storage is free. We don’t charge any custody or wallet fees when using CoinList or the CoinList app.


Rewards

CoinList Referral Rewards

(Updated  October 10, 2020) 


CoinList Referral Program 

If you refer a friend to CoinList and your friend successfully onboards to coinlist.co and completes a buy or sell order of $100 USD or more (or 100 USD equivalent of any cryptocurrency) in a single trade on coinlist.co within 90 days of signing up, you and your friend may be eligible to receive ~$10 of BTC deposited into each of your CoinList Wallets. Trades on CoinList Pro are not eligible for referral rewards


There are 2000 rewards available for all users each month. You may see the remaining rewards for the current month at coinlist.co/rewards. Rewards will be distributed on a first-come, first-serve basis. If there are no more remaining rewards for the month and you make a successful referral, you will not receive a referral reward in that month or any other. 


If you make a successful referral, your referral reward will be delivered to your wallet approximately 4 days after the transaction. The amount of BTC will be calculated at the market price of BTC at the time of distribution. 


Eligibility 

In order to be eligible for the referral bonus, both users must be in one of CoinList Market's approved jurisdictions. In addition, new user accounts from Bangladesh, India, Indonesia, Philippines, Nigeria, Russia, Uzbekistan, Thailand, Turkey, and Vietnam are ineligible.  Please see coinlist.co/legal for more details on approved jurisdictions. 


Additionally

  • Each user must sign up and complete KYC.
  • The new user must sign-up via an eligible referral link. 
  • Only one referral link per new user may be used. 
  • Only one entity per user is eligible.
  • CoinList employees and contractors are not eligible. 
  • New users must make a purchase or sale of $100 (or cryptocurrency equivalent) in a single transaction on coinlist.co
  • Trades on CoinList Pro are not eligible for referral rewards
  • New user must trade within 90 days of completing KYC
  • CoinList reserves the right to not distribute rewards to any user for any reason at its sole discretion. 

Period

There are 2000 rewards available for all users each month. You may see the remaining rewards for the current month at coinlist.co/rewards. The program has no scheduled end-date. CoinList retains the right to end or modify the rewards program at any time. 


Reward Distribution

For each eligible referral, CoinList will distribute $10 of BTC, which shall be deposited into such user’s CoinList wallet subject to eligibility. Rewards will be distributed approximately 4 days after an eligible referral. 


The amount of BTC will be calculated at the market price of BTC at the time of distribution. It may not equal exactly $10 due to market price fluctuations.


There are 2000 rewards available for all users each month. Rewards will be distributed on a first-come, first-serve basis. If there are no more remaining rewards for the month and you make a successful referral, you will not receive a referral reward in that month or any other.  


Additional Terms & Conditions

You agree to be bound by these Rules and the CoinList Terms and Conditions, found here, by participating in the Referral Program. CoinList Markets does not guarantee any payment pursuant to the Rules. CoinList Markets reserves the right to change the Rules or cancel the Referral Program at any time in its sole and absolute discretion. CoinList Markets also reserve the right to render a user ineligible for participation in this referral program should it hold, in its sole discretion, that the user has engaged in any fraudulent, deceptive, abusive or unlawful behavior, including but not limited to Prohibited Use or Prohibited Businesses as those terms are defined in the Terms of Service, found here.


CoinList Referral Ticket Competition

Update - June 15, 2020 

Referral Tickets will continue to be awarded until 10,000 tickets have been distributed per the eligibility of CoinList's Referral Program. 


Overview - Referral Tickets

If you refer a friend to CoinList and your friend successfully onboards to coinlist.co and completes a buy or sell order of $100 USD or more (or 100 USD equivalent of any cryptocurrency) in a single trade within 90 days of signing up, you and your friend each receive one referral ticket. You can receive multiple tickets during the period. The competition ends once 10,000 referral tickets are distributed. 


After 10,000 tickets are distributed, CoinList will randomly select one referral ticket from the pool of all referral tickets. An individual user may earn unlimited referral tickets during the period. The owner of the winning referral ticket will receive 1 BTC, which will be automatically deposited into his or her account. 


Eligibility 

In order to be eligible for the referral tickets, both users must be in one of CoinList Market's approved jurisdictions. Please see coinlist.co/legal for more details on approved jurisdictions. Additionally: 


  • Each user must sign up and complete KYC.
  • The new user must sign-up via an eligible referral link. 
  • Only one referral link may be used. 
  • Only one entity per user is eligible.
  • CoinList employees and contractors are not eligible. 
  • New users must make a purchase or sale of $100 (or cryptocurrency equivalent) in a single transaction
  • CoinList reserves the right to not distribute rewards to any user for any reason at its sole discretion. 

CoinList reserves the right to not award rewards for any reason at its sole discretion. 


Competition Period

The competition period will end after 10,000 referral tickets have been distributed. Any referrals made after this date will not credit either the referring user or their friend with either the referral bonus or the ticket.


Reward Distribution

The winning ticket from the competition will be selected at random from the pool of 10,000 referral tickets following the close of the Competition Period. The owner of the winning ticket in the competition will receive 1 BTC, subject to eligibility, which shall be deposited into such user’s CoinList wallet. 


The winner of the competition will be announced shortly following the end referral via email. The winner of the competition agrees to have their name used in additional CoinList marketing materials in association with this competition. 


Additional Terms & Conditions

You agree to be bound by these Rules and the CoinList Terms and Conditions by participating in the Referral Competition. CoinList Markets does not guarantee any payment pursuant to the Rules. 10,000 referral tickets are available during the period. CoinList Markets reserves the right to change the Rules or cancel the Referral Competition at any time in its sole and absolute discretion.





Orchid (OXT) Rewards

Overview

If you complete specific tasks, you be may be eligible to receive OXT rewards deposited into your CoinList Wallet. The initial task will include learning about Orchid and OXT by watching a video and answering 5 questions about the content. If you successfully complete the task, you will be eligible to receive $5 in OXT. Additional tasks will be released at later date that will allow you to earn up to $50 in OXT across all tasks. 


Eligibility 

In order to be eligible for the Orchid Rewards users must be in one of CoinList Market's approved jurisdictions. Users from the following jurisdiction will not be eligible for rewards: Bangladesh, India, Indonesia, Philippines, Nigeria, Russia, Uzbekistan, Thailand, and Vietnam. Please see coinlist.co/legal for more details on approved jurisdictions. 


Additionally: 

  • Users must complete KYC
  • Only one entity per user is eligible
  • In order to receive the education reward, user must correctly answer all five questions following the video to earn the associated reward
  • One education reward per user, valued at $5 in OXT at the time of distribution
  • Additional rewards and tasks will be announced at a future date
  • Maximum of $50 of OXT rewards per user for all tasks
  • CoinList employees and contractors are not eligible 
  • CoinList reserves the right to not distribute rewards to any user for any reason at its sole discretion 
  • By participating, you allow us to share certain information about you with the Orchid foundation

Reward Distribution

For each eligible user, CoinList will distribute OXT, which shall be deposited into such user’s CoinList wallet subject to eligibility within 4 business days after successfully completing the task. The amount of OXT will be calculated at the market price of OXT at the time of distribution in the amount designated for that task. 

 

Additional Terms & Conditions

You agree to be bound by these Rules and the CoinList Terms and Conditions, found here, by participating in CoinList Rewards. CoinList Markets does not guarantee any payment pursuant to the Rules. CoinList Markets reserves the right to change the Rules or Rewards Program at any time at any time in its sole and absolute discretion. CoinList Markets also reserves the right to render a user ineligible for participation in this referral program should it determine, in its sole discretion, that the user has engaged in any fraudulent, deceptive, abusive or unlawful behavior, including but not limited to Prohibited Use or Prohibited Businesses as those terms are defined in the Terms of Service, found here.


Information on Celo Staking

What is CELO staking? 

CELO is the native utility token for the Celo blockchain. Instead of using miners and a Proof-of-Work (PoW) consensus mechanism to verify transactions and maintain the integrity of the Celo blockchain, Celo uses a Proof-of-Stake consensus mechanism. This means that network participants are able to stake a certain amount of CELO for the right to honestly verify transactions on Celo and receive rewards for doing so. Additionally, CELO owners are able to lock their tokens and vote for these network participants, known as validators. CELO holders that lock and vote their tokens receive additional CELO as a reward for voting for honest and active validators on the network. CoinList manages the locking and voting for users who deposit CELO into their CoinList wallet so they can passively receive additional CELO. 


When will I receive my CELO staking rewards?

Once per month, CoinList will distribute rewards to users pro-rata of their average holdings over the month. We will notify you via email once your rewards have been distributed into your CoinList wallet. 


Will my staking rewards be automatically re-staked? Are CELO rewards compounding? 

Yes, your Celo staking rewards are automatically re-staked and earning additional rewards unless you withdraw or trade them. Celo rewards are compounding daily, but are only distributed once per month. 


How do I earn staking rewards on CoinList?

When you deposit or purchase a supported Proof-of-Stake (PoS) asset on CoinList, you may be eligible to receive staking rewards by having that asset in your CoinList wallet. 


Once you deposit an eligible asset into your CoinList wallet, you are automatically opted into staking rewards. There is no action on your end required to participate, but you may opt-out of staking rewards on CoinList at any time by sending us an email at team@coinlist.co 


How much are CELO staking rewards?

The Celo network currently has an estimated 6% annual rate of return for users that are locking and voting their CELO. Please note that this estimated 6% is subject to change and does not take into the 10% CoinList commission fee. 


Do I have to buy my CELO on CoinList to earn staking rewards?

No. Users who have procured their CELO from other means or trading venues are able to deposit their CELO into their CoinList wallet and start passively receiving staking rewards. 


Who is eligible to earn CELO staking rewards on CoinList?

Anyone who is able to open up a wallet on CoinList and deposits CELO into their account is eligible for CELO staking rewards on CoinList. CoinList wallets are not available in all jurisdictions, please visit this page to see our list of approved jurisdictions. 


When will I be able to withdraw my CELO staking rewards?

Once your CELO staking rewards are distributed into your CoinList wallet, you will be able to withdraw and/or trade your CELO. Typically withdrawals will be instant. 

 

However, please note that if you hold a large amount of CELO on CoinList, we may require an additional 3 days to withdraw your funds in order to unlocking CELO from the Celo network. Unlocking requires 3 days, a timeframe set by the Celo network. 

 

If you wish to ensure instant withdrawals for your Celo at all times, please opt-out of Celo staking by contacting team@coinlist.co


What are CELO staking rewards paid out in?

CELO staking rewards on CoinList are paid out in CELO. This means you will passively accrue additional CELO by keeping your CELO in your CoinList wallet. 


How to opt-out of CELO staking rewards

You will automatically receive staking rewards by holding CELO in your CoinList Wallet. If you would like to opt-out of CELO staking rewards, please email team@coinlist.co

What is staking?

Some crypto networks, like Bitcoin, use a Proof of Work (PoW) consensus mechanism where miners validate transactions by solving difficult math problems, other networks use a consensus mechanism known as Proof of Stake (PoS). In PoW networks, miners maintain consensus and secure the network, while PoS networks rely on participants known as validators to perform the same work. 


Validators confirm transactions and maintain consensus on the network to maintain the integrity and security of the blockchain they’re validating. To ensure that validators are acting honestly, PoS networks require validators to stake a minimum amount of tokens native to that network. This stake can be aggregated from many users, not just the validator, and essentially acts as a security deposit – if a validator is confirming invalid transactions, then validators will lose part of the capital they staked. As compensation for their work and for the opportunity cost of capital, validators earn network rewards for their work. These rewards can be shared among their community for users who have provided additional stake. 


Most PoS networks have different and unique consensus mechanisms and economic models. We recommend conducting your own research on each network before participating in any staking program. 


Information on ALGO Staking

What is ALGO staking? 

ALGO is the native utility token for the Algorand blockchain. Instead of using miners and a Proof-of-Work (PoW) consensus mechanism to verify transactions and maintain the integrity of the Algorand blockchain, Algorand uses a Pure Proof-of-Stake (PPoS) consensus mechanism. Each user’s influence on the choice of a new block is proportional to its stake (number of tokens) in the system. Users are randomly and secretly selected to propose blocks and vote on block proposals. All online users have the chance to be selected to propose and vote. The likelihood that a user will be chosen, and the weight of its proposals and votes, are directly proportional to its stake. Algorand’s PPoS approach ties the security of the whole economy to the honesty of the majority of the economy, rather than to that of a small subset of the economy. The system is secure when most of the money is in honest hands. 



When will I receive my ALGO staking rewards?

Once per month, CoinList will distribute rewards to users pro-rata of their average holdings over the month. We will notify you via email once your rewards have been distributed into your CoinList wallet. 




Will my staking rewards be automatically re-staked? Are ALGO rewards compounding? 

Yes, your ALGO staking rewards are automatically re-staked and earning additional rewards unless you withdraw or trade them. ALGO rewards are compounding daily, but are only distributed once per month. 




How do I earn staking rewards on CoinList?

When you deposit or purchase a supported Proof-of-Stake (PoS) asset on CoinList, you may be eligible to receive staking rewards by having that asset in your CoinList wallet. 




Once you deposit an eligible asset into your CoinList wallet, you are automatically opted into staking rewards. There is no action on your end required to participate, but you may opt-out of staking rewards on CoinList at any time by sending us an email at team@coinlist.co 




How much are ALGO staking rewards?

The ALGO network currently has an estimated 5.18% annual rate of return for users that have ALGO deposited into their CoinList wallets. Please note that this estimated 5.18% is subject to change and does take into account the 10% CoinList commission fee. 




Do I have to buy my ALGO on CoinList to earn staking rewards?

No. Users who have procured their ALGO from other means or trading venues are able to deposit their ALGO into their CoinList wallet and start passively receiving staking rewards. 




Who is eligible to earn ALGO staking rewards on CoinList?

Anyone who is able to open up a wallet on CoinList and deposits ALGO into their account is eligible for ALGO staking rewards on CoinList. CoinList wallets are not available in all jurisdictions, please visit this page to see our list of approved jurisdictions. 




When will I be able to withdraw my ALGO staking rewards?

Once your ALGO staking rewards are distributed into your CoinList wallet, you will be able to withdraw and/or trade your ALGO. Typically withdrawals will be instant. 




What are ALGO staking rewards paid out in?

ALGO staking rewards on CoinList are paid out in ALGO. This means you will passively accrue additional ALGO by keeping your ALGO in your CoinList wallet. 




How to opt-out of ALGO staking rewards

You will automatically receive staking rewards by holding ALGO in your CoinList Wallet. If you would like to opt-out of ALGO staking rewards, please email team@coinlist.co. 

Opting out of automatic CELO staking

You will automatically receive staking rewards by holding CELO in your CoinList Wallet. 


If you would like to opt-out of CELO staking rewards, please email team@coinlist.co

Is there a fee associated with staking on CoinList?

CoinList does not charge users for staking on CoinList, but we do take a commission fee on staking rewards paid out to our users. This commission may vary between assets. The reward rate displayed for the asset reflects this commission.


How do I earn staking rewards on CoinList?

When you deposit or purchase a supported Proof-of-Stake (PoS) asset on CoinList, you may be eligible to receive staking rewards by having that asset in your CoinList wallet. 


Once you deposit an eligible asset into your CoinList wallet, you are automatically opted into staking rewards. There is no action on your end required to participate, but you may opt-out of staking rewards on CoinList at any time by sending us an email at team@coinlist.co 


Which assets does CoinList provide staking for?

CoinList currently supports staking rewards for CELO with support for additional assets coming soon.


When will I be able to deposit additional CELO into CoinList to start earning rewards?

Users who procured CELO outside of the CELO auction will be able to deposit additional CELO by July 11. We will be sure to update all of our users once deposits go live. 

CoinList Affiliate Program

If you apply and are approved as a CoinList affiliate, you will be able to refer users to CoinList Pro and receive 50% of trading commissions paid by your referrals [for three months or as set forth below]. Your referrals must complete their registration within 30 days of signing up with the referral link to be eligible. They will also receive a 10% discount in fees for 6 months on CoinList Pro.  At this time, only trades made on CoinList Pro are eligible for the Affiliate Program


How it works 

  • Become an affiliate – You can apply and start your onboarding here
  • Promote CoinList Pro & share your discounts– Leverage your network and marketing channels to share your referral link and CoinList content. Your referred traders will receive 10% discount for trades made on CoinList Pro.
  • Earn commissions – When your referrals join and trade on CoinList Pro, you’ll earn 50% of their trading fees.

Payments 

  • Payments will be distributed immediately into your CoinList Pro wallet 
  • Commissions will be paid out in the asset that we collect the trade fees on for a given trade

Period

If your referrals sign up and start trading before Filecoin launches, you will receive 50% of their trading fees between from now until 3 months after Filecoin launches. If you refer a new user after Filecoin launches, you will receive a share of their trading fees for 3 months after their first trade. 


Eligibility 

In order to be eligible for the referral bonus, both users must be in one of CoinList Market's approved jurisdictions. Please see coinlist.co/legal for more details on approved jurisdictions. 


Additionally 

  • You must apply here.
  • You must receive approval from CoinList to become an affiliate
  • You must complete KYC and reside in one of our eligible jurisdictions
  • You must agree to the Terms of the Affiliate Program 
  • Referred users must complete KYC and reside in one of our eligible jurisdictions
  • Only trades on CoinList Pro are eligible, at this time
  • Referrals must complete registration within 30 days of signing up to be eligible
  • CoinList reserves the right to not distribute commissions to any user for any reason at its sole discretion. 

Additional Terms & Conditions

You agree to be bound by the Rules and the CoinList Terms and Conditions by participating in the Affiliate Program. CoinList Markets does not guarantee any payment pursuant to the Rules. CoinList Markets reserves the right to change the Rules or cancel the Affiliate Program at any time in its sole and absolute discretion. CoinList Markets also reserve the right to render a user ineligible for participation in this referral program should it hold, in its sole discretion, that the user has engaged in any fraudulent, deceptive, abusive or unlawful behavior, including but not limited to Prohibited Use or Prohibited Businesses as those terms are defined in the Terms of Service, found here.








Payments & Wallets

How long do wire and ACH transfers take?

Domestic Wire transfers can take up to 1-2 business days. 

International Wire transfers can take up to 5-7 business days. 


Normal ACH transfers can take up to 3-7 business days.

Instant ACH transfers are credited same day, but the debit may not be reflected in your bank account for up to 1-2 business days.


There are limits to the maximum amount you can fund your account via ACH. Please see coinlist.co/legal for the most up to date information. 

How long do bitcoin transactions take?

Bitcoin transactions have hundreds to thousands of confirmations from their networks to confirm that they are real transactions. CoinList waits for 6 confirmations to consider the transaction - this can take anywhere from thirty minutes to twelve hours.


How long do ether transactions take?

CoinList waits for 30 confirmations to consider an ETH or ERC-20 transaction final. Although typically this should only take about ~5 minutes,this can take anywhere from five minutes to four hours. You can see the number of confirmations in your CoinList wallet.

Can I fund my wallet or investments using my online exchange wallet?

Yes. 


For withdrawals, you should re-confirm the withdrawal address on both your 3rd party exchange wallet and CoinList prior to submitting a withdrawal. Exchanges have various policies for crypto deposits, and the sending addresses don't always match the receiving addresses. We recommend you designate a return address for which you hold the private keys. CoinList is not responsible for transfers being appropriately credited to your account at a 3rd party exchange. 

Are there deposit and withdrawal fees?

Other than as set forth below, CoinList does not charge fees associated with withdrawing or depositing crypto. However, the applicable network may charge transfer fees, which are not paid to CoinList or the custodian. 


CoinList Markets does not charge for ACH transfers or crypto transfers.


CoinList charges $10 per outgoing U.S. wire and $30 per outgoing foreign wire.

CoinList does not charge for incoming wires. 


If an incoming wire cannot be matched to your name, we will not attempt to return the wire if the amount is less than $10 for US bank accounts or $30 international bank accounts. Please contact customer support, if you believe a wire has not been properly credited to your account.

How do I fund my CoinList wallet?

U.S. residents may deposit USD via ACH or wire. Simply click “deposit” from inside your USD wallet. In order to deposit via ACH you will have to link your bank account with Plaid. 


U.S. and foreign residents may deposit USD via wire. Simply click deposit from inside your USD wallet. 


U.S. and foreign residents may deposit via crypto. Simply click deposit from inside the appropriate crypto wallet. 


What's a wallet?

In general, a wallet is a program that enables users to send and receive digital currency and track their balances and transactions. They also store important security information: your public and private keys. There are several types of wallets: Hardware, Software, and Online. Hardware wallets store a user's private keys on a hardware device like a USB. Trezor and Ledger are popular hardware wallet brands. Software wallets run as an app on your phone or desktop. Online wallets run in the cloud and are accessible from any computer or smartphone in any location. 


CoinList offers online wallets. 


We also use the term "wallet" to describe your U.S. dollar account. 

CELO Auction Lock-Up

For users who participated in the Celo Auction on CoinList. Per the terms of your purchase, your Celo will be locked for 12 months, with the first 10% available to transfer or trade 60 days after the auction and then each incremental 10 % unlocked every 30 days thereafter. Locked CELO is still available to participate in staking. 


Staking rewards earned during the lock-up period will be fully transferable after they have been distributed to your wallet. 


Previous CELO backers may have a lock-up as well. If you are not familiar with the terms of your lock-up, please contact team@coinlist.co for more information. 

How to withdraw CELO

You can withdraw your CELO from CoinList at any time. You can initiate a withdraw by:

How to deposit CELO

You can deposit CELO to your CoinList wallet at any time. You can initiate a deposit by:

At this time, the following custodians/exchanges are able to send deposits directly to your CoinList wallet:

  • Ledger
  • Anchorage
  • Bittrex
  • OKCoin

Setting Up 2FA

In order to use CoinList wallets, you must set up device based 2FA. CoinList does not support SMS or phone-based 2FA.


Enable Two-Factor Authentication

Use multi-factor authentication to secure your account. Once enabled, you'll be required to enter a code created by an app on your phone like Google Authenticator, Duo Mobile, or Microsoft Authenticator to log in to your CoinList account.


STEP 1

Get an authentication app for your phone or tablet by downloading and installing:

STEP 2

Open the authentication app, tap the "+" icon in the top right of the app, and scan the QR code image with your phone or tablet's camera.

Make sure to save the security codes in case you lose access to your 2FA device. 


STEP 3

Enter code generated by your app when prompted

Once the QR code is scanned, enter the 6-digit code generated by your authentication app in your CoinList account


You are done!

Silvergate Exchange Network (SEN)

If you have a Silvergate Exchange Network (SEN) account, you can connect your account to CoinList to enable instant USD deposits and withdrawals 24/7. Please contact team@coinlist.co to request to connect your SEN account.

Are my funds secure in CoinList Wallets?

Yes! CoinList works with a number of highly vetted 3rd party custodians and wallet providers including Anchorage, Bitgo, Gemini Custody, and Silvergate Bank to ensure the security of your assets. 


Funds held in cold storage are covered under the insurance policies of our custodian partners. Please note, not all funds are held in cold storage at all times. 



Are there fees for storing assets in CoinList wallets?

No, there are no fees for using CoinList wallets to store your crypto? If you make a crypto withdrawal, you will need to pay the applicable network fees which are not paid to CoinList or our custodian partners.

Trading

What is Wrapped Bitcoin (WBTC)?

Wrapped Bitcoin (WBTC) is an ERC-20 token backed 1:1 by Bitcoin and held at Bitgo Trust, and the underlying holdings are verifiable here. WBTC brings the liquidity of Bitcoin to the Ethereum ecosystem. 


Users can wrap and unwrap BTC seamlessly via their CoinList wallet.

How do I redeem Wrapped Bitcoin (WBTC) for BTC?

To unwrap WBTC into BTC, you first need to have WBTC in your CoinList wallet. Once your wallet is funded with WBTC:


  • Click “Unwrap” from inside your WBTC wallet.
  • Enter the amount of WBTC you wish to swap into BTC
  • Click “Confirm Unwrap” to receive BTC directly in your BTC wallet.


WBTC will be debited from your WBTC wallet and you will receive BTC in your BTC wallet. 


Please note that you will have two different wallets. You will not receive BTC in your WBTC wallet. 


What are the fees?

You can find the most up to date information on trading fees here.


Are there minimum or maximum order sizes?

Yes, you can find the most up to date minimum and maximum trade limits here https://coinlist.co/legal


How do I make a trade?

When you're logged in, click on Trade in the left navigation. 


Once you see the trading screen. You will then be prompted to enter an amount of a specific cryptocurrency you wish to buy or sell. Once you have set the amount, you can preview the order. 


After selecting “preview order”, you will be presented with the price for your order. You will have 30 seconds to confirm the trade. If you do not confirm the trade within 30 seconds, you will be required to re-input your order. The price may change after the 30 second window. Once you confirm the order, the trade will be considered final and it will be executed, you will see the resulting balances in your applicable CoinList Wallets.

Are there minimum price increments for orders?

Yes, but these are not uniform across all assets, please see https://coinlist.co/legal for the most up to date information. 

How to buy Algorand (ALGO)

To buy Algorand (ALGO):


  • 1. Create an account - Creating an account on CoinList takes minutes. You'll need to provide identity information. And we require 2-factor authentication for added security.
  • 2. Deposit U.S. dollars or crypto - Funding with U.S. dollars can be done with wires or ACH. You can also deposit U.S. dollar-based stablecoin, USDC. And you can deposit BTC, ETH, MKR, DAI, ALGO, and other cryptocurrencies. 
  • 3. Buy ALGO - Once your deposits have cleared, you're ready to go. You can store your ALGO in your online CoinList wallet for free.

How do I get Wrapped Bitcoin (WBTC)?

To obtain WBTC, you first need to have BTC in your CoinList wallet. You can either directly deposit BTC in your wallet or you can buy BTC through CoinList. Once your wallet is funded with BTC: 


  • Click “Wrap” from inside your BTC wallet.
  • Enter the amount of BTC you wish to convert into WBTC
  • Click “Confirm Wrap” to process the transaction

BTC will be debited from your BTC wallet and you will receive WBTC in your WBTC wallet. 

Please note that you will have two different wallets. You will not receive WBTC into your BTC wallet. 

How long does it take to wrap and unwrap BTC?

A CoinList affiliate manages its own pool of BTC and WBTC, so the process is usually immediate. When demand is high, it is possible that the pool temporarily runs out of BTC or WBTC. If that is the case, the wrapping or unwrapping service will pause until the pool is replenished.


You may choose to hold your funds to be automatically converted when the pool is replenished. This situation is usually addressed within (6) to twenty-four (24) hours.


What are the fees to Wrap and Unwrap WBTC?

CoinList charges a flat 0.25% trading fee to wrap or unwrap WBTC.

What assets can I trade?

You can view currently supported assets on https://coinlist.co/legal




Do all users automatically have access to CoinList wallets & trading?

Depending on when you signed up for CoinList, you may need to complete additional compliance in order to use wallets and trading. You can complete your registration at https://coinlist.co/wallets/new.  New users should automatically have access to wallets and trading, subject to additional jurisdiction restrictions. 

How long does a trade take to clear?

Confirmed trades typically take only a few seconds to clear and to be reflected in your CoinList Wallet. 


How to buy Ethereum (ETH)

To buy Ether (ETH)


  • 1. Create an account - Creating an account on CoinList takes minutes. You'll need to provide identity information. And we require 2-factor authentication for added security.
  • 2. Deposit U.S. dollars or crypto - Funding with U.S. dollars can be done with wires or ACH. You can also deposit U.S. dollar-based stablecoin, USDC. And you can deposit BTC, ETH, ALGO, OXT, and other cryptocurrencies.
  • 3. Buy ETH - Once your deposits have cleared, you're ready to go. You can store your ETH in your online CoinList wallet for free.

How to buy Bitcoin (BTC)

To buy Bitcoin (BTC)


  • 1. Create an account - Creating an account on CoinList takes minutes. You'll need to provide identity information. And we require 2-factor authentication for added security.
  • 2. Deposit U.S. dollars or crypto - Funding with U.S. dollars can be done with wires or ACH. You can also deposit U.S. dollar-based stablecoin, USDC. And you can deposit BTC, ETH, MKR, DAI, ALGO, and other cryptocurrencies.
  • 3. Buy BTC - Once your deposits have cleared, you're ready to go. You can store your BTC in your online CoinList wallet for free.

How to buy Orchid (OXT)

To buy Orchid (OXT):


  • 1. Create an account - Creating an account on CoinList takes minutes. You'll need to provide identity information. And we require 2-factor authentication for added security.
  • 2. Deposit U.S. dollars or crypto - Funding with U.S. dollars can be done with wires or ACH. You can also deposit U.S. dollar-based stablecoin, USDC. And you can deposit BTC, ETH, MKR, DAI, ALGO, and other cryptocurrencies. 
  • 3. Buy OXT - Once your deposits have cleared, you're ready to go. You can store your OXT in your online CoinList wallet for free.

How to buy Dai

To buy Dai:


  • 1. Create an account - Creating an account on CoinList takes minutes. You'll need to provide identity information. And we require 2-factor authentication for added security.
  • 2. Deposit U.S. dollars or crypto - Funding with U.S. dollars can be done with wires or ACH. You can also deposit U.S. dollar-based stablecoin, USDC. And you can deposit BTC, ETH, MKR, DAI, ALGO, and other cryptocurrencies.
  • 3. Buy DAI - Once your deposits have cleared, you're ready to go. You can store your DAI in your online CoinList wallet for free.

How to buy Maker (MKR)

To buy Maker (MKR):


  • 1. Create an account - Creating an account on CoinList takes minutes. You'll need to provide identity information. And we require 2-factor authentication for added security.
  • 2. Deposit U.S. dollars or crypto - Funding with U.S. dollars can be done with wires or ACH. You can also deposit U.S. dollar-based stablecoin, USDC. And you can deposit BTC, ETH, MKR, DAI, ALGO, and other cryptocurrencies.
  • 3. Buy MKR - Once your deposits have cleared, you're ready to go. You can store your MKR in your online CoinList wallet for free.

How to buy CELO

  • Create an account - Creating an account on CoinList takes minutes. You'll need to provide identity information. And we require 2-factor authentication for added security.
  •  Deposit U.S. dollars or crypto - Funding with U.S. dollars can be done with wires or ACH. You can also deposit the U.S. dollar-based stablecoins USDC and DAI. Additionally, you can deposit BTC, ETH, ALGO, OXT, MKR, and other cryptocurrencies.
  • Buy CELO - Once your deposits have cleared, you're ready to go. You can store your CELO in your online CoinList wallet for free.

Compliance

What are the risks of investing in virtual currencies?

  • virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections;
  • legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of virtual currency;
  • transactions in virtual currency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable;
  • some virtual currency transactions shall be deemed to be made when recorded on a public ledger, which is not necessarily the date or time that the customer initiates the transaction;
  • the value of virtual currency may be derived from the continued willingness of market participants to exchange fiat currency for virtual currency, which may result in the potential for permanent and total loss of value of a particular virtual currency should the market for that virtual currency disappear;
  • there is no assurance that a person who accepts a virtual currency as payment today will continue to do so in the future;
  • the volatility and unpredictability of the price of virtual currency relative to fiat currency may result in significant loss over a short period of time;
  • the nature of virtual currency may lead to an increased risk of fraud or cyber attack; 
  • the nature of virtual currency means that any technological difficulties experienced by the licensee may prevent the access or use of a customer’s virtual currency; and
  • any bond or trust account maintained by the licensee for the benefit of its customers may not be sufficient to cover all losses incurred by customers.

What is a foreign shell bank?

Foreign shell banks are non-U.S. banks without a physical presence in any country. A "foreign bank" is any bank organized under non-U.S. law or an agency, branch or office of a bank located outside the U.S. The term does not include an agent, agency, branch or office within the U.S. of a bank organized under foreign law.

What is a private banking account?

A “private banking” account is an account (or any combination of accounts) that requires a minimum aggregate deposit of $1,000,000, is established for one or more individuals and is assigned to or administered or managed by, in whole or in part, an officer, employee or agent of a financial institution acting as a liaison between the financial institution and the direct or beneficial owner of the account.  

What is KYC?

KYC stands for Know Your Customer and encompasses certain procedures that we employ to positively identify that you are, who you say you are. We use a number of tools to confirm your identity and ensure your eligibility for the CoinList services. This process can take between 0-3 business days for individuals, and for entities and trusts this can take up a week. 


You may be restricted from certain activities on the CoinList platform until you have completed identity verification. 


What is a foreign financial institution?

A foreign financial institution is: 


(1) a non-U.S. bank; 

(2) any branch or office located outside the United States of a broker-dealer; futures commission merchant or introducing broker; or open-end mutual fund company; 

(3) any other person organized under foreign law (other than a branch or office of such person in the United States) that, if it were located in the United States, would be a broker-dealer; futures commission merchant or introducing broker; or open-end mutual fund company; and 

(4) any person organized under foreign law (other than a branch or office of such person in the United States) that is engaged in the business of and is readily identifiable as: (a) a currency dealer or exchanger; or (b) a money transmitter.  


Who can use wallets? Who can buy and sell cryptocurrencies?

Subject to regulatory restrictions, anyone can use wallets, and anyone can buy and sell cryptocurrencies. There is no accreditation requirement. Users must complete KYC and identity verification. 


You can see a full list of supported jurisdictions here.


Token sales

How can CoinList help with my token offering?

Please fill out our application form here and we'll get back to you.

Which types of currency can I invest with on CoinList?

You can invest with US dollars, Bitcoin, Ether, or USD-C. 

What if my wire does not clear before the sale close?

If your transfer comes in after today's registration deadline, we cannot guarantee your allocation since the token purchases are on a first-come first-serve basis. I apologize for any inconvenience that this may cause.

Investing with Crypto: What is the estimated price?

When you start the investment flow, we show you an estimated conversion rate from crypto. This price is not final and may not reflect the actual investment amount. Your final price is determined once the conversion is executed. For example, if you wait 30 minutes to send BTC after completing the investment flow, the price may have gone up or down in that time. Once we receive your crypto transaction, we will send an email confirmation specifying the price at which we converted your crypto into USD or USDC, the fees charged by CoinList Markets LLC as well as your final investment amount.


Investing with crypto - do I need to do anything to complete the conversion?

No - when you invest in a Token Sale on CoinList with crypto, we will automatically convert your crypto into the currencies that are being accepted by the issuer. Once you have transferred the crypto, you do not need to perform any further actions and will receive an email confirmation. If you do not wish to have CoinList Markets LLC convert your crypto you may convert your cryptocurrency elsewhere and use such converted currency instead.


Investing with crypto - how do I determine my final investment amount?

If you invested with USD or USDC, your investment amount will be the same amount as your investment less any applicable wire or network fees (not charged by CoinList).


If you invested with BTC or ETH, your final price and investment amount is determined once the conversion is executed and you receive a confirmation. Your final investment amount will be the converted amount of USD or USDC less the applicable fees. 


Your investment is not confirmed until after the payment is received and you complete all the required documentation.  


Investing with crypto - how is the conversion price determined?

We display an estimated price as you are going through the investment flow [read more]. If you deposit crypto into your CoinList wallet immediately after finishing this step, it will likely be close to the actual conversion rate. However, we cannot guarantee this - conversion rates are determined by the market and can change quickly. 


Once we receive crypto, we will initiate the conversion and our liquidity partners provide a conversion price. CoinList selects the best price from among the offers. This is the price you will receive.

Investing with crypto - what if I don’t like the price provided by CoinList?

By using the conversion services, you are agreeing in advance to the final price determined by CoinList. If you would like to control the conversion price, please convert any crypto to USD or USDC prior to initiating the investment. 


Why was my crypto converted?

All investments done via CoinList are denominated in USD, and so regardless of whether someone pays with crypto or USD, we will denominate your investment in USD (or USDC). You can read about how we determine a conversion rate at https://coinlist.co/help/how-is-the-price-determined.


In many cases, issuers want to allow investors to participate with crypto but do not want to hold crypto on their balance sheets. In those cases, CoinList will convert your investment into USD (or another cryptocurrency that the issuer wants to hold).

Flow sale & auction

What is the referral bonus?

The referral bonus allows you to earn 500 Flow for each person you refer that successfully participates in the community sale or dutch auction. You must also make a successful purchase in order to be eligible, a referral link will be provided once you complete your purchase. This bonus is designed to encourage purchasers from around the world to actively engage with Flow. 

Using CoinList Wallets for your Flow Distribution

CoinList will support the distribution, storage and staking of FLOW through CoinList Wallets. By default your purchase of FLOW will be distributed to your CoinList Wallet. There are no actions required to receive your FLOW distribution to your CoinList wallet. 


CoinList Wallets

CoinList wallets are built on secure custody and technology infrastructure provided by our partner custodians including Anchorage, Bitgo, Gemini Custody, and Finoa. If you decide to use CoinList Wallets, your FLOW will be held at Finoa. 


Upon distribution, your FLOW will be held with our custody providers and you will be available to view your FLOW balance through your CoinList wallet. Your FLOW will be available for transfer and trading at the end of the applicable lock-up and vesting periods.


There is no cost to use CoinList wallets or to store your FLOW with CoinList. 


Staking FLOW

CoinList will support staking through CoinList wallets. CoinList partners with Bison Trails to provide staking services to users. If you choose CoinList wallets, you will automatically be enrolled in FLOW staking. CoinList will charge an 8% commission on staking rewards. You may opt out of staking at anytime by contacting team@coinlist.co 


CoinList will be able to run all four node types on Flow to maximize staking rewards for our users once the reward coefficient begins to adjust staking rewards for different node types. 


How much are FLOW staking rewards?

The Flow network currently has the following estimated annual staking reward rates:

  • Weeks 1-2: 5%
  • Weeks 3-4: 40%
  • Months 2-18: 5%

Please note that the timeline is based on when staking is expected to start picking up on the FLOW network, which is set to happen in mid-November. The rates shown above are all annualized and do not take into account the 8% CoinList commission. 


You will accrue staking rewards on your FLOW while your FLOW is locked up per the terms of the sale and/or auction. 


Please note, you will not be able to withdraw staking rewards and we do not anticipate supporting withdrawals or deposits support for FLOW before the end of Q4 2020. 



How will my FLOW be distributed to me?

  • By default, you will receive your FLOW tokens in your CoinList Wallet. There is no storage fee for storing your Flow through CoinList.
  • There is no action needed to use CoinList Wallets.
  • If you choose CoinList for your distribution, your tokens will be delegated to nodes run by Bison Trails and CoinList. More details coming soon.
  • You may choose to receive your distribution to an external wallet or custody service.
  • In order to receive your FLOW distribution outside of CoinList through an external custody option, you must submit and confirm your external address before 12:00 PM PDT on October 26th.
  • Address generation at external providers is not yet available; CoinList and Flow will share further instructions as they become available.
  • Vesting and lock-up periods begin today, October 16, for all purchasers including those that participated in previous sales outside of CoinList

What is the release schedule of tokens?

Community Sale tokens are subject to a holding period where transfer restrictions apply. 50% of tokens become freely transferable after a one year cliff, the remaining 50% vest on a monthly basis over the following year. This matches the same transfer restrictions accepted by pre-launch purchasers. 


Dutch Auction tokens are subject to a one year holding period after which all tokens become freely transferable. 



About the Token Sale + Auction

The Flow Community Sale begins on September 22st, 2020 and is open through Friday, October 2nd 5pm UTC. Participants are able to purchase up to a maximum of 10,000 FLOW tokens at the same price as private pre-launch backers ($1k equivalent). This cap is set to ensure broad community distribution and allow for maximum participation.

 

Alongside the Community Sale, Dapper is conducting a Dutch Auction that will be held on October 6th at 12PM UTC.

What is FLOW?

FLOW is the native currency for the Flow network, the exclusive token for staking, governance, payment of transaction fees, and the principal reserve asset on the network. 

What jurisdictions are eligible to participate in the sale?

The auction and sale are only available to non-US and non-Canada residents, and residents of non-restricted jurisdictions. 


Restricted jurisdictions include the United States of America (including its territories), Canada, Democratic People’s Republic of Korea, Cuba, Syria, Iran, Sudan, Crimea, People’s Republic of China, Bahamas, Belarus, Botswana, Burundi, Cambodia, Central African Republic, The Democratic Republic of the Congo, Côte d’Ivoire, Cuba, Ethiopia, Ghana, Islamic Republic of Iran, Iraq, Lebanon, Libya, Mali, Myanmar, Nicaragua, Pakistan, Panama, Somalia, South Sudan, Sri Lanka, Sudan, Syrian Arab Republic, Trinidad and Tobago, Tunisia, Bolivarian Republic of Venezuela, Yemen, and Zimbabwe.


What are accepted forms of payment?

ETH, BTC, USDC, USD

Am I able to participate in staking during the one-year holding period?

Yes, tokens can be staked or delegated normally even while they are subject to transfer restrictions.

How do I fund my purchase?

We will display payment information once the Sale Period starts. You can pay with USD, USDC, BTC, or ETH.


If you fund your account and purchase tokens with USD or USDC, there are no fees. You can deposit USDC and USD into your CoinList wallet anytime at https://coinlist.co/wallets.


If you fund your account and purchase with ETH or BTC, it will be converted to USDC at the time of purchase. An estimated conversion rate will be shown at the time of purchase and you will also incur a 0.25% transaction fee from CoinList for converting such funds. All purchases will be denominated in USD. You can deposit ETH and BTC into your CoinList wallet anytime at https://coinlist.co/wallets.


Where can I learn more about Flow?

Flow Primer - https://www.onflow.org/primer 

Flow Homepage - https://www.onflow.org/ 

Technical Papers - https://www.onflow.org/technical-paper 

Token Economics - https://www.onflow.org/flow-token-economics

FLOW Distribution Options

By default, your FLOW will be distributed to your CoinList Wallet. Starting next week, you’ll have options to create Flow accounts for holding your FLOW with other providers. An overview of all the available distribution options, including CoinList Wallets, is presented below:


  • CoinList - the default option for the delivery of your FLOW
  • Kraken 
  • Finoa 
  • Blocto 
  • Ledger - pending app store approval 


CoinList and the Flow Team will provide updates on each provider as they become available. 


When will FLOW tokens be transferable?

FLOW tokens from the CoinList Community Sale have a two-year lockup period, with 50% of the tokens unlocking after one year. Locked tokens cannot be transferred but they are eligible for staking and delegation during the lockup period. There's more info here.


FLOW tokens from the CoinList Auction tokens have a one-year lockup period. They are also eligible for staking and delegation during the lockup period.


Staking rewards are freely transferable as soon as they are claimed. 

NEAR Offering

How can I fund my purchase?

We will display payment information once the Sale Period starts. You can pay with USD, USDC, BTC, or ETH.


  • If you fund your account and purchase tokens with USDC, there are no fees. You can deposit USDC into your CoinList wallet anytime at https://coinlist.co/wallets.

  • If you fund your account and purchase with ETH or BTC, it will be converted to USDC at the time of purchase. An estimated conversion rate will be shown at the time of purchase and you will also incur a 0.50% transaction fee from CoinList for converting such funds. All purchases will be denominated in USD. You can deposit ETH and BTC into your CoinList wallet anytime at https://coinlist.co/wallets.

  • If you intend to fund your purchase with USD, please note that wire transfers can take 1-3 days to clear depending on your bank. We highly recommend paying with USDC where possible.

How will tokens be received after purchase?

Following the sale, CoinList will reach out to purchasers to collect wallet addresses. Purchasers will be able to use their choice of wallet so long as they are able to generate an address and receive NEAR tokens in that wallet.

Can I participate in the sale without going through KYC?

No. Anyone who wants to participate in the sale must go through KYC/AML (Know Your Customer/Anti-Money Laundering) checks.

Is there a cap on how many tokens I can purchase?

Terms: Each user is able to purchase up to 3,000 tokens in either the 12-month linear release option or the 24-month linear release option at the original sale price ($0.34/token and $0.29/token, respectively). Users may purchase tokens in both options, but the total purchase across both options may not exceed 3000. 


What jurisdictions are blocked from the sale?

A number of jurisdictions are blocked from participating in the sale:


BELARUS 

CHINA 

CONGO, THE DEMOCRATIC REPUBLIC OF THE 

CUBA 

IRAN, ISLAMIC REPUBLIC OF 

LIBERIA 

MYANMAR 

SUDAN 

SYRIAN ARAB REPUBLIC 

UNITED STATES 

ZIMBABWE 


Additionally, CoinList is unable to support crypto trading or wallets for a number of jurisdictions. You can see a list of unsupported jurisdictions here: https://coinlist.co/legal

Where can I see common questions answered about the project, its economics or technical design?

For more information about NEAR, the following reference materials will likely be useful:


See:

https://docs.near.org/docs/faq/general_faq

https://docs.near.org/docs/faq/economics_faq

https://docs.near.org/docs/faq/technical_faq


NEAR Distribution

I put my account name with/without the “@” or I put the link instead of the account name, is that okay? 

  • We recommend people submit their NEAR account name as shown with the "@" but if you submit your NEAR account name without the @ you should be all set. Additionally, if you submit your account link rather than you account name you are also all set as long as the link corresponds to your NEAR account. We will reach out if we need additional information from you. 

When is the deadline to submit my NEAR account name to CoinList? 

  • The deadline to submit your NEAR account name is 9/17. You must do this to receive your NEAR tokens. 

My wallet says I have only 39 tokens, what does this mean? 

  • To create your NEAR account, you must interact with a smart contract. The linkdrop you used to create your NEAR account is preloaded with 40 NEAR to pay for the transaction fees to interact with the smart contract. The NEAR tokens you purchased in the auction have not yet been distributed yet and the 39 NEAR does not reflect your purchase balance. 

How does Staking and Delegation work with my tokens?

Tokens can be staked or delegated normally even while they are locked.

Are there unlocked ($0.40) tokens available in the community sale?

There are no unlocked tokens available in the community sale. Each user is able to purchase up to 3,000 tokens in either the 12-month linear release option or the 24-month linear release option at the original sale price ($0.34/token and $0.29/token, respectively)

Who is eligible for the Community Sale?

All verified users who registered for the original sale but did not successfully purchase an allocation are eligible (users must have passed KYC).

How can I participate in the Community Sale?

CoinList will begin inviting users into the offering via email tomorrow August 18 at 9PM UTC. We will be sending invitations in batches over a twelve-hour period, so you may not receive an invitation for up to twelve hours after the sale starts.


Please look out for an email from CoinList (team@coinlist.co) with instructions on how to participate.

DFINITY Community Airdrop

If my ICP token allocation was 100+ CHF, what is my final allocation?

For registered participants who were originally notified that their allocation was “100+ CHF,” the final ICP token allocation awarded will be 120 CHF. 


Where do I check my DFINITY Community Airdrop registration status?

You can check your airdrop registration status at https://coinlist.co/dfinity


What can I do with my ICP tokens?

ICP tokens can be used in two ways:

  • ICP tokens can be used to create “Cycles” (aka, fuel): Software hosted on the Internet Computer must be charged up with Cycles in order to run. These act as fuel that the software consumes in the course of its normal operation, such as when it executes low-level instructions or maintains data in memory. To create Cycles, you have to burn ICP tokens. Because burned ICP tokens disappear, and Cycles also disappear when they are used to fuel computation by hosted software.  
  • ICP tokens can be used to participate in governance: The Internet Computer network is controlled by an algorithmic governance system called the Network Nervous System (NNS). It will be possible to lock ICP tokens within the NNS to create “neurons” that allow you to vote on proposals that affect the network’s operation, and in return receive voting rewards in the form of additional ICP tokens. 


Do I need to complete a KYC verification again?

Previously, registered participants were required to complete a KYC verification to qualify to participate in the DFINITY Community Airdrop. For some participants, your original KYC may still be valid and sufficient for you to be eligible for a CoinList Wallet, while others may need to update information and/or complete additional verification procedures to gain access to a CoinList Wallet.


When will the ICP tokens be accessible?

ICP tokens will be unlocked and accessible shortly after public launch of the Internet Computer.


How do I confirm my ICP token allocation?

You can confirm your ICP token allocation by completing the CoinList Wallet creation process and reviewing the placeholder ICP tokens in your wallet. You must use the email address related to your registration for the DFINITY Community Airdrop.


How do I see my ICP token balance?

Once you have successfully completed the verification process to gain access to a CoinList Wallet, you will be able to see a representation of your ICP token balance in your CoinList Wallet. 


Is signing up for a CoinList Wallet the only way to receive my DFINITY Community Airdrop token allocation?

Yes, you will need to sign up for a CoinList Wallet and pass the associated KYC verification if prompted, to be eligible to receive your ICP token allocation. 


What are Internet Computer Protocol (ICP) tokens?

For the DFINITY Community Airdrop, DFN tokens will now be allocated as ICP tokens. As it relates to this airdrop, there is no difference between DFN tokens and ICP tokens, nor does it affect your allocation.


What if I’ve lost my registration details related to the airdrop?

If you do not have access to your registration details related to the DFINITY Community Airdrop, please reach out to team@coinlist.co. Inquiries will be assessed on a case-by-case basis, and there are no guarantees that we will be able to process your ICP token allocation. 


Will I need to pay an administrative fee for the CoinList Wallet or KYC?

No, there is no administrative fee associated with the creation of your CoinList Wallet or KYC verification. 


I’d like to know more about ICP tokens. When will this information become available?

The DFINITY Foundation will release more information closer to the public launch of the Internet Computer. In the meantime, please visit FAQs at dfinity.org


Whom should I contact for support?

For support relating to the DFINITY Community Airdrop or CoinList Wallets, please email team@coinlist.co.


Filecoin

How does Filecoin (FIL) vesting work?

If you participated in Filecoin's 2017 offering, your FIL will vest linearly on a block-by-block basis starting at mainnet launch, for the duration of your vesting period. For example, if your vesting schedule is 12 months, you will receive FIL on a block-by-block basis and each day receive approximately 1/365 of your FIL .

How do I self-custody my FIL?

In order to self-custody your FIL, please go to coinlist.co/filecoin and edit your custodian option under 'Distributing To'. You'll want to select Self-Custody. The easiest way to self-custody is to use the 'Glif and Ledger' option, which requires a Ledger hardware wallet. You'll see instructions on setting this up after selecting that option.


Detailed instructions on setting up your Ledger to receive FIL are here: https://paper.dropbox.com/doc/Self-Custodied-SAFT-Guide--A72a5~JLiLiNKPhdLQP3ZbNhAg-dHxZu59oAeSw03RrRpCrd

When will FIL be listed for trading?

CoinList expects to support FIL trading within hours of mainnet launch.

What additional information do I need to provide to use CoinList wallets through a Gemini subaccount?

If you live in a state or territory where we are yet to finalize our licensure, we have provided an alternate solution for CoinList wallets. If you chose to use CoinList Wallets, you will be provided a sub-account at Gemini. Once you complete the additional verification, your holdings will be accessible via your CoinList account. Upon mainnet launch, you will be able to deposit and withdraw your FIL holdings via CoinList but will not be able to trade on CoinList.


In order to get set up with a sub-account, you’ll need to go through Gemini’s verification process. Please follow these instructions:


-If you have a Gemini account associated with this email address, no action is required


-If you do not have a Gemini account, please set one up here: https://exchange.gemini.com/register 


-If you have a Gemini account, but it’s under a different email address, please set up a new account using this email address at https://exchange.gemini.com/register


Please note that these tokens will be accessible through the CoinList site (and not through Gemini). 

Can I use CoinList Wallets if I see that CoinList is not available in my state?

We are currently licensed to operate our wallets and trading in 43 states. We are working on licensure for the following states and territories:

  • Alaska
  • Connecticut
  • Hawaii
  • Minnesota
  • Nevada
  • New York
  • Puerto Rico
  • Texas
  • Virgin Islands, U.S.
  • Washington 

If you reside in one of the above states or territories, and want to use CoinList Wallets, you will be provided a sub-account at Gemini. 


Please see here for instructions on setting up a sub-account with Gemini: https://coinlist.co/help/what-additional-information-do-i-need-to-provide-to-use-coinlist-wallets-through-a-gemini-subaccount

When is Filecoin mainnet launching?

As of September 17, 2020, we expect Filecoin to launch in the next few weeks. Protocol Labs maintains a public roadmap, which is the best place to look for accurate information.

Is there a fee if I custody with CoinList?

There are no fees for using CoinList Wallets to receive your FIL tokens.

What are my custody options for FIL?

By default, tokens will go to into CoinList Wallets:


  • CoinList Wallets are built on top of world-class custodians to ensure security
  • Custody is free and seamless
  • Plug right into CoinList Pro, which will have one of the deepest markets for FIL trading

If you live in a state that we currently do not support, you can still use CoinList Wallets but we'll require some more information (more information here)


Users can also opt into leading custodians - if you are an existing customer of Anchorage, Coinbase Custody, or Gemini Custody, you can receive your FIL tokens directly into your account with one of those custodians. 


Users can also self-custody (more information here)

What is the vesting schedule?

Vesting occurs linearly on a block-by-block basis. In each block, an incremental amount of your FIL will become available and claimable according to your individual vesting schedule (6, 12, 24, or 36 months). 


How frequently does my vested Filecoin become available in my wallet?

Your vested Filecoin will be swept from the vesting actor to your CoinList wallet daily. This happens automatically and there are no actions required by you. This cadence may change over time depending on network conditions and costs. For the first 24-48 hours post-mainnet launch these sweeps will be performed approximately once every 5 hours. The minimum amount that will be swept each day will be 0.5 FIL. 



When will Filecoin first show up in my wallet?

Assuming a stable network, CoinList will enable wallets within 2-7 hours after mainnet launch, and CoinList will sweep your vested FIL into your CoinList wallet. For the first 24-48 hours post-mainnet launch these sweeps will be performed approximately once every 5 hours.


What is a vesting actor?

A vesting actor is a type of smart contract on the Filecoin blockchain. The vesting actor manages the release and vesting of your original Filecoin purchase. According to the vesting schedule in your SAFT, Filecoin will be released and can be transferred from the vesting actor. Vesting occurs on a block by block basis. 


Can I trade my unvested FIL?

No, you may not trade your unvested FIL. You can only trade available FIL and it must be in your CoinList Pro account. CoinList will claim your FIL from your vesting actor once per day, and then it will be available to trade. 


I didn’t purchase Filecoin in the original sale, do I still have a filecoin wallet?

Yes, all CoinList users who are eligible for CoinList Wallets will automatically have a Filecoin wallet in their account upon mainnet launch. 


You may deposit Filecoin at any time post-mainnet launch to store your Filecoin or use CoinList Pro.


There are no fees for storing your Filecoin on CoinList.




When will trading open Filecoin?

Filecoin wallets are available now on CoinList. Deposits will be available on mainnet launch at 7:30AM PDT, Thursday, October 15th. FIL deposits will be available at that time. FIL withdrawals will be available after CoinList has sufficiently tested deposits at other exchanges. 


Filecoin trading 


Pre-orders • Open on Wednesday at 10:00pm PT


  • Users can now place FIL-USD pre-orders on CoinList Pro. Prior to mainnet launch, users can only place buy pre-orders with USD.
  • No trade matching will occur during this phase, but at the end of this phase, pre-orders will be considered firm and may be executed when live trading begins.
  • Users will be able to enter, modify and cancel orders, but will not be able to see other users’ bids and offers. 
  • The pre-order phase will last until there is sufficient order book depth for price discovery and trading stability.
  • CoinList will notify users approximately 30-minutes before the end of pre-orders.


Opening Price Calculation • Projected start Thursday 10:15 AM PT


  • After the pre-order phase, the FIL-USD order book on CoinList Pro will be frozen. Users will no longer be able to enter any new orders or cancel existing orders. 
  • CoinList will calculate the opening price at which most orders can be filled.
  • Buy orders at or above the opening price and sell orders at or below the opening price from the pre-order phase will be settled on the basis of price-time priority at the opening price.


Live Trading • Projected start Thursday 10:30 AM PT


  • Once the opening price is calculated, regular trading will be available for FIL-USD on CoinList Pro with full order book and trade matching. 
  • All order types will be accepted and immediately settled.
  • CoinList will display the aggregate volume for successful trades.

  • Soon after live FIL-USD trading stabilizes on CoinList Pro, we will list FIL-USDT. Also, we will open trading on CoinList.co and CoinList Mobile. 


The above timelines are all subject to change to ensure the safety and security of customer funds. CoinList will alert you via email as services become available or if there are significant delays to the above schedule. Please see https://coinlist.co/help/filecoin_launch for more information.


Are there fees to withdraw Filecoin from my CoinList Wallet?

There is no withdrawal fee for Filecoin; however, users must pay network fees to withdraw their Filecoin. This network fee is determined by Gemini Custody and may change from time to time. Please review coinlist.co/fees for the most up to date information on the current Filecoin Network fees. 


How long do Filecoin deposits take to be credited in my CoinList Wallet?

During the initial network launch, deposits will require  240 confirmations on chain before they are credited to your wallet. This may take up to 2 hours. As the network stabilizes, Gemini and CoinList will decrease the number of confirmations required for deposits and withdrawals.


I signed up for CoinList Wallets, but now want to use a third party custodian or self-custody. Can I switch?

Yes. You may switch from using CoinList to manage your distribution to a self-custody or a 3rd party custodian. This process is manual and may require up to 3 weeks to process and includes a $500 processing fee incurred by Gemini. You will have to withdraw any already vested Filecoin in your CoinList wallet after the transfer has been processed. 


Please contact team@coinlist.co if you wish to transfer your vesting actor. 


What are the fees for trading FIL?

Filecoin trading is subject to the same fee schedule as any other asset on CoinList and CoinList Pro. You can view the up to date fee schedule on CoinList.co/fees 


What happens on mainnet launch and the initial distribution date?

The Filecoin vesting actors will start vesting and transfers will be enabled on the network. Subsequently CoinList will enable deposits and withdrawals. Lastly, CoinList will enable trading across our various services. 


CoinList Wallets

Your Filecoin will be held in your CoinList wallet. From there you will be able to transfer, trade, and deposit additional Filecoin vested Filecoin. Your balance of available (vested) Filecoin will be displayed alongside your unvested (unavailable) Filecoin held in your vesting actor. 


Your CoinList wallet is built on Gemini Custody’s infrastructure. When you input a transaction, we pass this information to Gemini for execution. 


There is no fee to store your Filecoin in your CoinList wallet. 


Mainnet launch and distribution date

The currently scheduled distribution date and main net launch date is October 15, 2020 or more precisely epoch, 148,888. 


Vesting will being immediately upon network launch. CoinList will begin support for wallets and trading shortly thereafter.




I signed up for 3rd party custody, but now want to use CoinList wallets. Can I switch?

Yes. The Filecoin network allows you to transfer the private keys of your vesting actor. Please contact your custody provider and team@coinlist.co to start this process. There may be additional fees associated with this action. 


Are there any limits on order sizes on launch?

No, there are no limits to the order sizes that you may place during the auction or during regular trading. You must have available FIL or USD in CoinList Pro to place an order. 


I am using CoinList Wallets through a sub-account with Gemini. What CoinList services do I have access to?

If you are using a Gemini sub-account through CoinList Wallets, you have full functionality to store, withdraw, and deposit Filecoin through coinlist.co. You are not able to trade Filecoin on CoinList at this time. Once we have the appropriate licensure, we will give you the opportunity to switch from a Gemini sub-account to a full CoinList account. 


When will mobile trading and buy/sell be available for FIL?

Mobile trading and buy/sell will be available several hours after the launch of the order book on CoinList Pro. 


When will additional trading pairs be added for FIL?

FIL/UDST will launch shortly after the FIL/USD orderbook has matured. This may occur anywhere between several hours and several days. We will announce the launch of FIL/USDT via email. 


Pro Trading

Deposits and Withdrawals

Deposits 


You can deposit any supported currency/asset into CoinList to fund your account. Once your funds are in your CoinList wallet, you will be able to immediately transfer them to CoinList Pro. There are no transaction fees when moving funds from your CoinList wallet to your CoinList Pro wallet. 


USD Deposits 

  • Log into your CoinList account 
  • Visit https://coinlist.co/wallet_redirect/usd
  • Click “Deposit” 
  • If you would like to send in an ACH, please select “Bank Transfer” and connect your bank account  
  • If you would like to send in a wire, please select “Wire” and use our wire instructions 
  • Once your USD is in your account, visit https://coinlist.co/wallet_redirect/usd and click “Send to Advanced Trading”
  • Input the amount you’d like to send to CoinList Pro
  • Click “Go to CoinList Pro”
  • Your USD will be sitting in your CoinList Pro account 

Crypto Deposits 

  • Log into your CoinList account 
  • Visit https://coinlist.co/wallets
  • Go to the wallet for the asset you’d like to deposit 
  • Click “Deposit” 
  • Copy and paste or Scan the QR code to obtain your CoinList wallet address 
  • Initiate your transfer 
  • Once your crypto is in your account, visit your wallet and click “Send to Advanced Trading”
  • Input the amount you’d like to send to CoinList Pro
  • Click “Go to CoinList Pro”
  • Your crypto will be sitting in your CoinList Pro account 

Withdrawals 


You can withdraw any supported currency/asset out of CoinList to a wallet of your choice. There are no transaction fees when moving funds from your CoinList Pro wallet to your CoinList wallet. 


  • Visit https://trade.coinlist.co/settings/transfers
  • Select the amount you’d like to withdraw and withdraw that amount to your CoinList wallet 
  • Visit the corresponding wallet on https://coinlist.co/
  • Click “withdraw” and follow the instructions to execute the transaction 
  • For USD, you will be able to send an outbound ACH transfer or Wire transfer 
  • For crypto, you will be able to send an outbound transfer to a wallet of your choosing 


FAQ on Deposits & Withdrawals 


Can I deposit dollars, euro, yen, or other currencies into my account?

  • CoinList Pro currently accepts US dollars (USD). We do not currently support other fiat currencies.

Is there a fee to deposit funds in my account?

  • No, CoinList Pro does not charge a deposit fee. 

Where can I see a history of my deposit activity?

  • To view your transaction history, click on the dropdown menu in the upper right of the platform, select Account Settings, and then choose History.



API

Creating an API Key


In order to access CoinList Pro’s API, you will need to generate an API key and secret. API keys represent read, write, and/or fund transfer entitlements on a specific CoinList entity's trading account.


To get your unique API key, click on the dropdown menu in the upper right of the CoinList Pro platfor, select API, and then click Create New Key.


Accessing API Documentation


Here is the direct link to CoinList Pro’s API documentation.


To access CoinList Pro's API documentation from the trading platform, click on the dropdown menu in the upper right of the platform, select API, and then click API Documentation.


Account Management

Enabling and Disabling One-Click Trading


CoinList Pro allows you to choose between submitting orders with a single-click or receiving a notification containing your order details which must be affirmed in order to submit the order into the market.


To manage your order notification settings, click on the dropdown menu in the upper right of the platform, select Account Settings, choose My Preferences, and then enable or disable notifications by using the control next to “Display confirmation dialog before placing trades.”


Note: disabling order notifications will result in orders being submitted immediately into the market upon placement. Please exercise caution when utilizing one-click trading.


Manage Order Status Updates


CoinList Pro allows you to control the amount of order status update messages that you receive.


To manage your order status updates, click on the dropdown menu in the upper right of the platform, select Account Settings, choose My Preferences, and then enable or disable notifications by using the control next to “Display notifications for order status updates.”



Getting Started

Create an account 

  • Visit https://coinlist.co/register
  • Enter in your first name, last name, and email 
  • Create your password
  • Your password is required to have a minimum of 10 characters
  • Verify your email 


Open up your wallet 

For individuals, we require:

  • Name
  • Country + state of residence 
  • Address
  • Date of birth 
  • SSN (USA only)
  • Phone number 
  • Selfie 
  • Photo of government-issued ID 
  • Occupation 

For companies, we require:

  • Name of entity 
  • Country + state of residence of the entity 
  • Company type 
  • Tax ID number (US only)
  • Incorporation date 
  • Incorporation location 
  • Company address
  • Information on major shareholders (any individual or entity that owns 25%+)
  • Documentation attesting to major shareholder ownership 
  • Information on the signatory for the company 
  • Selfie of the signatory 
  • Photo of government-issued ID for the signatory 
  • Signatory’s occupation 

Once you’ve provided that information, the last step is to set up 2FA for your account. We recommend using common 2FA applications like Google Authenticator, Duo, or using an Yubikey. 



Placing Orders

Market orders refer to trades that are purchasing a given asset at the current market price (i.e. spot price) for the asset. You can place a market order by following these instructions: 


  • Choose the trading pair - click on the trading pair you want to use to trade 
  • Choose the order type - click on the order type you would like to use
  • Enter the trade size - define either the amount of crypto or the US dollar notional value to determine the size of the trade
  • Specify your order price - if using a price order, such as a limit or stop, enter the price at which you want to place the order. If using a market order, no price needs to be entered.
  • Choose to buy or sell - click on the buy or sell button to submit the order

Order Type

Trades can be submitted with different conditions known as order types. These order types allow traders to specify criteria related to how and at what price a trade may be placed.


CoinList Pro supports several order types, including:


Market


  • Description - market orders execute at the next available price in the market. No price is specified with the order, and the order is filled at the current market price
  • Use case - traders use market orders to enter or exit a trade quickly when execution certainty is a higher priority than price execution
  • Traders should be cautious when using market orders in thinly traded markets where the bid-ask spread may be wide and liquidity may represent an issue for price slippage, causing orders to get filled for a higher price if they are buying, or a lower price if they are selling

A market order is the most straightforward type of order. It executes immediately against the best price available. As long as there are willing buyers and sellers, market orders are filled.


A market sell will match the best available bids on the order book, and a market buy will match against the best available asks on the order book.

Market orders are often used when you need to prioritize speed over price, for example, when taking advantage of a fast-moving bull run. You'll use this order when you need your trade to execute immediately at the current best price available.


Limit


  • Description - limit orders are used to specify a price limit at which the order must be executed. Limit orders to buy are placed below the market and limit orders to sell are placed above the market. Since the limit order must be filled at the designated price or better, traders use limits to define the worst price at which the order will be executed, prioritizing price execution over execution certainty
  • Use case - traders use limit orders to enter positions, setting orders at points that act as profit targets, as well as to exit positions. Limits can be placed in advance once a position has been entered, and the order will automatically execute once the price conditions have been met
  • Since a limit order must be executed at the specified price or better, the market may touch the limit price several times with the trader not receiving a fill, depending on where the trader’s order is in order book queue
  • The market must trade completely through a limit order’s price in order for a trader to earn a complete fill and partial fills can occur if only part of the order is executed
  • A limit order remains in the order book until the order is either executed, canceled, or expires

A limit order allows you to specify a price and amount you would like to buy or sell at.


Example: If the current market price is 8000 and you want to buy lower than that at 7900, then you would place a limit buy order at 7900. If the market reaches 7900 and a seller’s ask matches with your bid, your limit order will be executed at 7900.


Stop Market


  • Description - stop market orders execute at the next available price once the designated trigger price crosses the stop price. Stop orders to buy are placed above the market and stop orders to sell are placed below the market. 
  • Use case - traders typically use stop orders in an attempt to limit losses if the market moves against a market position or to protect profits on an open position, but the order type can also be used to initiate a new position. Once the stop price is touched, the stop order is said to have been "elected," will be treated as a market order, and will be filled at the best possible price
  • Stop orders do not guarantee execution at the stop order price, and price slippage may occur in certain market conditions. Unlike limit orders, stops are not required to be executed at the designated price or better

CoinList Pro supports two kinds of triggerable orders: stops and take profits. These are orders that aren't added to the order book until some price threshold is reached.


Stop Market / Limit


A stop market or stop limit order is an instruction to add a market or limit order to the book once the trigger price has crossed the stop price. By default, the stop price indicates the mark price at which to trigger the stop, but stops may also be configured to trigger on last trade price or underlying index price rather than mark price.


Stop orders rest in the matching engine until the trigger price goes 'outside' the stop price:

  • buy - the stop triggers when the trigger price is greater than or equal to the stop price
  • sell - the stop triggers when the trigger price is less than or equal to the stop price

Upon triggering, the stop order is converted to a regular market or limit order. This order becomes available for execution in the first auction following the one which triggered the stop. The order will incur the standard fees, as any order inserted at the time of the trigger would.


While it is untriggered, a stop order is invisible to other traders, and is not included in the book. Once it is triggered it becomes visible (as it is now a normal market or limit order).


Note that the time priority of the order is based on the time at which it was triggered, rather than the time at which the stop was last updated.


Trailing Stop


A stop market order may be specified with either a fixed or percentage trail value, which causes the stop price to be pegged to no more than a fixed offset away from the order's trigger price (which is a mark price, index price, or last trade price, depending on the order's specified trigger type).


When the trigger price moves away from the current stop price, the stop price is moved as well, thus the stop price trails the trigger price. (Note however that when the trigger price moves towards the current stop price, the stop price doesn't change, otherwise the order would never trigger.)


For example, on a stop market sell order, setting a $-100 trail value will have the effect of setting the stop price $100 below the trigger price. If the trigger price is $1000 at the time the order is entered, the stop price will be $900. If the trigger price moves up to $1050, the stop price will be updated to $950. If the trigger price then moves down to $990, the stop price will stay at $950, and if the trigger price keeps moving all the way down to $950, the order will be triggered, and will convert to a normal market sell.


In other words, the stop price of a stop sell order will move up along with the market, but is kept constant as the price falls towards the stop (and vice-versa for a stop buy order).


Take Profit Market


  • Description - take profit, or market-if-touched, orders execute at the next available price once the designated trigger price (by default, the mark price) crosses the stop price
  • Use case - traders typically use take profit orders to exit positions once a price level has been reached although the order type can be used to initiate a position as well. Since the order executes at market once the market trades at the order price, execution certainty is prioritized over price execution
  • Take profit orders do not guarantee execution at the order price, and price slippage may occur in certain market conditions. Unlike limit orders, take profits are not required to be executed at the designated price or better
  • A take profit order will not be executed if the trigger price fails to touch the take profit specified price

A take market or take limit order is the same as a stop market or limit order, but with the trigger directions reversed. That is:

  • buy - the take profit order triggers when the trigger price is less than or equal to the stop price
  • sell - the take profit order triggers when the trigger price is greater than or equal to the stop price

Post-Only Order 


The post-only order is a limit order that ensures the order will be added to the book and not match with a pre-existing order. If your order matches with a pre-existing order, your post-only limit order will be rejected.


The Post-Only Order ensures that you will receive the maker rebate, and not pay a taker fee. It prevents placing a limit buy order that matches against the sell side of the order book (and vice versa, for sell orders), which would normally result in taker fees.



Maker and Taker Definitions

In theory, a Maker is an order that adds liquidity to the order book and a Taker is an order that removes liquidity.


In practice, there are some edge cases on CoinList Pro that one should be aware of.


1. A market order is a taker unless:

  • It remains unfilled (due to price protection) and sits on the orderbook for longer than one auction

2. A limit order is a maker unless:

  • It crosses in the current auction AND it crosses at a price that is through the previous auction price 
  • Through the previous auction price means a buy that is higher than the previous auction or a sell that is lower than the previous auction price
  • It crosses in the current auction AND it crosses at a price that is equal to the previous auction price AND it is on the side (buy or sell) without any unfilled orders

Supported Assets + Trading Pairs

Currently, CoinList Pro accepts BTC, ETH, ALGO, OXT, and USD on the exchange. Supported trading pairs include: 


  • BTC/USD
  • ETH/USD
  • ETH/BTC
  • ALGO/USD
  • OXT/USD
  • CELO/USD
  • CELO/BTC
  • CELO/ETH

If you attempt to deposit anything but these coins to your CoinList wallet on the exchange, you will not receive it. CoinList is not responsible for any lost funds.


We plan to support additional cryptocurrencies in the future. If there are specific coins that you would like to be supported on CoinList Pro, please email us at team@coinlist.co



Price Protection

In order to prevent prevent large slippage on the exchange, CoinList Pro employs price protections on its market and limit orders.


Price Protection of Market Orders


This is the maximum (buy market) and minimum (sell market) price that can be executed via a market order. If a market order has remaining unfilled quantity, it will effectively become a resting limit order at the maximum/minimum price.


  • Market buy limit protection price = best ask * (1.05)
  • Market sell limit protection price = best bid * (0.95)

Price Protection of Limit Orders


This is the maximum buy limit and minimum sell limit price that can be submitted via a limit order. There is no minimum limit on a buy limit price or maximum limit on a sell limit price.


  • Buy Limit Price Maximum: Reference Price *(1.05)
  • Sell Limit Price Minimum: Reference Price *(0.95)
  • Buy limit orders more than the Buy Limit Price Maximum and sell limit orders less than the Sell Limit Price Minimum will be rejected

If an order is a Stop Limit Order, the Reference Price is the Stop Price, otherwise it is chosen in the following order:


1. Last Trade Price

  • if the last auction did not have a fill, go to 2

2. Best bid if it is higher than, or best ask if it is lower than, the previous midpoint quote.


Display Preferences

Adjusting the Displayed Price Levels


The depth of the order book prices can be adjusted to increase or decrease the increments between price levels that are displayed.


To adjust the displayed price levels, click on the controls (- and +) in the lower right of the Order Book.


Managing the Displayed Columns


CoinList Pro’s orders module can be configured to view the information that is most important to you about your account orders.


To adjust the displayed columns, click on the settings button, select Manage Columns, choose the order data you would like to be displayed, and click Done.


Resetting the Default Column Display


CoinList Pro’s orders module can be easily reset to the default display if you have made changes that you would like to undo.


To reset the displayed columns, click on the settings button and select Reset Widget.


Viewing Orders

Viewing Actively Working Orders


All orders that are actively working in your account can be viewed in the orders module. This will include orders for all pairs you are trading as the default, which can be filtered to the currently selected asset to focus exclusively on one trading pair.


Viewing Historical Order Activity


CoinList Pro’s “Orders” module shows your order history, including orders that have been filled, canceled, and rejected.


Viewing Filled Orders


CoinList Pro’s orders module shows your filled orders in two different places: Fills shows you exclusively filled order activity and Order History shows fills along with other order activity.



Canceling Orders

CoinList Pro’s order book supports canceling working orders when in trade mode.


You can cancel individual working orders or cancel all working orders quickly in CoinList Pro’s order module. To cancel individual orders, simply click the trash can icon next to the order you wish to cancel.


Trading from the Order Book

CoinList Pro’s order book can be used to place trades and manage orders directly on the order book, allowing you to take trading action while you view market depth.


Order book trading includes:

  • Placing market orders
  • Placing price orders (limit, stop, take profit)
  • Quick order size presets
  • Position size
  • Modifying the price of working orders
  • Canceling individual orders
  • Closing a position at market


Closing a Position

Open positions can be quickly closed and all working orders for a contract can be canceled when using CoinList Pro’s order book in trade mode.


To close an entire position and cancel all working orders for a particular contract, click on the manage dropdown and select Close Positions.


Note: This feature uses a single market order to close the position, which could impact the price at which the position is closed depending on market conditions and liquidity when the order is placed.


Closing Positions Quickly


Open positions can be quickly closed and all working orders for a contract can be canceled directly from CoinList Pro’s positions module.


To close an entire position and cancel all working orders for a particular contract, click on the X next to the contract position you wish to close and select Close Positions.


Note: This feature uses a single market order to close the position, which could impact the price at which the position is closed depending on market conditions and liquidity when the order is placed.


Enabling and Disabling Order Confirmations

Order confirmations can be turned on and off in order to facilitate the trading experience that you want.


If the order confirmation is enabled, a window will be displayed after clicking the buy or sell button on Order Entry, which will show order information and either require the confirmation of the buy or sell action to actually submit the order or choosing to halt the order from being submitted by clicking Cancel or closing out of the order confirmation window.


If the order confirmation is disabled, one-click trading is activated and clicking the buy or sell button will submit your order without any additional pre-trade confirmation.


To enable or disable the order confirmation, click on Settings in Order Entry and either check to enable or uncheck to disable.


Chart Preferences

Changing Chart Timeframes


CoinList Pro’s chart supports multiple timeframes, allowing you to easily view market data across different periods of time.


To change timeframes, click the periodicity dropdown and select the desired period.


The following timeframes are currently supported:


  • Minute - 1, 5, 15, and 30 minutes
  • Hourly - 1 and 4 hours
  • Daily - 1 day
  • Weekly - 1 week


Changing Chart Styles


CoinList Pro’s chart supports multiple charting styles, allowing you to visualize market data just the way you want.


To change the chart style, click the candle icon between the periodicity dropdown and the compare dropdown and select the desired style.


The following chart styles are currently supported:


  • Bar
  • Baseline delta
  • Candle
  • Hollow candles 
  • Heiken Ashi
  • Area
  • Line


Comparing Two Symbols on the Same Chart


CoinList Pro’s chart allows you to add a second product to a chart in order to conduct comparison analysis and explore the price relationship between two assets.


To add a second symbol to the chart, click on compare in the lower right of the chart area and select the desired asset that you wish to add for comparison.


Entering Order Size

Your order size can be entered in two ways when using Order Entry to place an order:


  • Quantity of base asset - choose the amount of the asset you want to trade
  • US dollar value - specify the US dollar amount as the trade size

When choosing either order size option, you will be able to reference the other value, which will automatically populate once you enter the desired contract quantity or notional value, before placing the order.  


To select the desired order size method, click the dropdown menu in the quantity/notional value field.


Quickly Entering Maximum Order Size


Maximum order sizes can be rapidly determined with one-click in Order Entry, allowing you to quickly go “all-in” if a trading opportunity is presented.



To quickly size your order with the maximum buying or selling power in your account, simply click the max buy or max sell buttons, and the quantity or notional value will automatically populate with the largest order size possible for your account.


Modifying Working Orders

To modify the price or asset quantity of a working order, click on the edit icon next to the order you wish to modify, make the necessary modifications, and click Modify.


Mobile Apps

Setting up 2FA

In order to use the CoinList mobile app, you must set up device based 2FA. CoinList does not support SMS or phone-based 2FA.


Enable Two-Factor Authentication

Use multi-factor authentication to secure your account. Once enabled, you'll be required to enter a code created by an app on your phone like Google Authenticator, Duo Mobile, or Microsoft Authenticator to log in to your CoinList account.


STEP 1

Get an authentication app for your phone or tablet by downloading and installing:


STEP 2

Open the authentication app, tap the "+" icon in the top right of the app, and scan the QR code image with your phone or tablet's camera.

Make sure to save the security codes in case you lose access to your 2FA device. 


STEP 3

Enter code generated by your app when prompted

Once the QR code is scanned, enter the 6-digit code generated by your authentication app in your CoinList account


You are done!

Is there a contact email?

All questions can be sent to team@coinlist.co.


Security & 2FA

CoinList use two-factor authentication (2FA) for every account and most transactions, and we partner with top custodians like BitGo and Gemini Custody so your funds are safe. Funds held in cold storage are insured by our custodian partners' insurance policies. Best of all, crypto storage is free. We don’t charge any custody or wallet fees when using  the CoinList app.

What is CoinList and the CoinList Mobile App?

CoinList is where early adopters trade and earn the best digital assets.


With the CoinList app, you can:

- Buy and sell bitcoin, ether, and other leading cryptocurrencies with U.S. dollars or stablecoins

- Securely store, deposit and send your crypto using our best-in-class custody partners with no fees

- Earn yield on proof-of-stake assets like Celo (5.4% APY as of Aug 3, 2020)

- Convert your bitcoin into wrapped bitcoin and start participating in DeFi

- Coming soon: new assets like Filecoin



What is KYC/AML?

KYC stands for Know Your Customer and encompasses certain procedures that we employ to positively identify that you are, who you say you are. We use a number of tools to confirm your identity and ensure your eligibility for the CoinList services. This process can take between 0-3 business days for individuals, and for entities and trusts this can take up a week. 


In order to trade on the CoinList mobile app, you need to pass identity verification and KYC/AML (Know Your Customer/Anti-Money Laundering) checks. These checks apply equally to U.S. and non-U.S. residents. In general, you will need to provide name, address, a selfie, and government-issued ID image. You may be restricted from certain activities on the CoinList platform until you have completed identity verification. 




I have questions about payments on the mobile app: How do I link my bank account, how long does a crypto transaction take, etc.?

For all information regarding payments and CoinList wallets, please see: https://coinlist.co/help/payments

Topics include:

  • How long do wire and ACH transfers take?
  • How long do bitcoin transactions take?
  • How long do ether transactions take?
  • Can I fund my wallet using my online exchange wallet?
  • Are there deposit and withdrawal fees?
  • Are my funds secure in CoinList Wallets?
  • Are there fees for storing assets in CoinList Wallets?

What are the minimum device requirements for the CoinList mobile app

For the iOS, you will need a device with iOS 11.4+ and screen no smaller than the iPhone SE 


For Android, you will a device with at least Android 5.X (API level 21). All android versions are supported up to Android 10.X  A recent Android phone should work with the CoinList App. An example of a minimum specs for a supported device is the LG Nexus 5. 


I have questions about trading on the mobile app: How do I trade on the mobile app? How much are the fees? Etc.

For all information on trading related questions for the mobile app, please visit: https://coinlist.co/help/trading


Topics include:

  • How do I make a trade?
  • What are the fees?
  • How long does a trade take to clear?
  • Are there minimum price increments for orders?
  • What assets does CoinList support for trading?
  • What is Wrapped Bitcoin (WBTC)?
  • How do I get Wrapped Bitcoin (WBTC)?
  • How do I redeem Wrapped Bitcoin (WBTC) for BTC?
  • How long does it take to wrap and unwrap BTC?



I have questions about staking and rewards

For all answers to questions about various reward programs and staking, please visit coinlist.co/help/rewards


Topics include

  • CoinList Referral Rewards
  • What is CELO staking?
  • Orchid (OXT) Rewards
  • What is staking?
  • Opting out of automatic CELO staking
  • Is there a fee associated with staking on CoinList?
  • How do I earn staking rewards on CoinList?
  • Which assets does CoinList provide staking for?
  • When will I be able to deposit additional CELO into CoinList to start earning rewards?


Who can use CoinList Mobile App?

Most people can use the CoinList Mobile App! As long as you have a compatible device and reside in one of our supported jurisdictions. 


U.S. people from more states can trade and store virtual currencies on CoinList as long as they meet local laws regarding investment compliance and complete KYC. Non-US residents can trade on CoinList as long as they meet local laws regarding investment compliance. Please visit coinlist.co/legal for more information on support jurisdictions and contact team@coinlist.co with any questions.


Why do you need my SSN?

Your SSN is required under our KYC/AML policy. We verify US investor's social security number and birthdate against credit records then verify the investment signatory against OFAC and similar databases to flag prohibited or high risk persons and entities.


Is CoinList licensed or regulated?

CoinList Markets, LLC, which operates the mobile app, is registered as a money services business with the Financial Crimes Enforcement Network (FinCEN), Registration Number 31000158383629. CoinList Markets, LLC is registered with the Nationwide Multistate Licensing System and Registry (NMLS), ID number 1785267. 


CoinList also operates other entities. You can view the full list of entities and affiliates and their associated licenses at coinlist.co/legal



What are the risks of owning or trading in virtual currencies?

What are the risks of owning or trading in virtual currencies?

  • virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections;
  • legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of virtual currency;
  • transactions in virtual currency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable;
  • some virtual currency transactions shall be deemed to be made when recorded on a public ledger, which is not necessarily the date or time that the customer initiates the transaction;
  • the value of virtual currency may be derived from the continued willingness of market participants to exchange fiat currency for virtual currency, which may result in the potential for permanent and total loss of value of a particular virtual currency should the market for that virtual currency disappear;
  • there is no assurance that a person who accepts a virtual currency as payment today will continue to do so in the future;
  • the volatility and unpredictability of the price of virtual currency relative to fiat currency may result in significant loss over a short period of time;
  • the nature of virtual currency may lead to an increased risk of fraud or cyber attack; 
  • the nature of virtual currency means that any technological difficulties experienced by the licensee may prevent the access or use of a customer’s virtual currency; and
  • any bond or trust account maintained by the licensee for the benefit of its customers may not be sufficient to cover all losses incurred by customers.


Oasis

How many ROSE can I receive?

ROSE rewards are split proportionally based on each participant’s contribution to either or both ROSE Farm and ROSE Cultivate pools. You can also receive rewards for joining early and staking rewards from Oasis. A single participant can’t receive more than 1M ROSE, excluding staking rewards.


How long will my ROSE be locked up for?

Any ROSE that you receive is subject to a 40-day lockup period. The time of ROSE Farm and ROSE Cultivate counts towards the 40-day lockup period.

Is there any minimum or maximum amount?

Yes, there is a maximum of $2,000 that a participant can submit in liquidity. This is to give everyone a fair chance to participate in ROSE Garden.


Can I cancel my locked USDC or USDT?

No; all participation in any aspect of ROSE Garden is final.


Is there a cap on how many people CoinList will accept?

No, there is no cap on how many people CoinList will accept as long as tokens remain in one of the ROSE Farm pool.

Can I participate in the Oasis ROSE Garden without going through KYC?

No. Anyone who wants to participate in the Oasis ROSE Garden must go through KYC/AML (Know Your Customer/Anti-Money Laundering) checks.


Is CoinList the only place where the ROSE Garden will be held?

Yes. CoinList is the only place where the ROSE Garden will be held.

How long will my USDC/USDT be locked up for?

Your USDC/USDT will be locked up for one month after ROSE Farm begins.


Who can participate in the Oasis ROSE Garden?

Any non-US, non-China, and non-Canada residents living in CoinList's supported jurisdictions can participate in the Oasis ROSE Garden.


Can I participate in both the ROSE Farm flow and the ROSE Farm + Cultivate flow?

If you participate in both flows, all of your tokens earned from ROSE Farm will be staked towards ROSE Cultivate. You will not be able to participate in ROSE Cultivate with only a portion of your ROSE tokens earned from ROSE Farm.


Will I earn staking rewards during the ROSE Garden?

If you choose to participate in ROSE Cultivate, then yes. Tokens earned during ROSE Garden can be re-staked to earn rewards and then released at the end of ROSE Cultivate.


Can I participate with currencies other than USDC and USDT?

No, you can only participate using USDC and USDT. 


How do I check the status of my Oasis ROSE Garden participation?

You may check the status of your Oasis ROSE Garden participation at

https://coinlist.co/accounts/transactions


Can I make multiple contributions to the CoinList WorkLock?

Yes, as long as your aggregate contribution does not exceed $2,000.


As a participant, will CoinList run a ROSE Cultivate node on my behalf?

CoinList is teaming up with Bison Trails, a leading blockchain infrastructure company, who will be running worker nodes on behalf of users. This will allow CoinList users to easily stake their tokens through these Bison Trails nodes, helping to ensure the integrity of the Oasis network.


Uniswap Mining

How much UNI can I earn?

Uniswap announced that 5,000,000 UNI will be allocated per pool to liquidity providers proportional to liquidity, which roughly translates to:

  • 83,333.33 UNI per pool per day
  • 13.5 UNI UNI per pool per block

These UNI are not subject to vesting or lock up.


On CoinList, users will receive a pro-rata share of the UNI earned through the program relative to their contribution to the Uniswap Mining program on CoinList. The amount of UNI earned by all the participants will vary depending on how much liquidity CoinList supplies to Uniswap on behalf of our participants. 


Example: Contribution of $1M



Estimated ETH and UNI Rewards for Eligible Uniswap Liquidity Pools       

Pool Allocation Contribution Amount Est. Pool Share Est. Daily ETH Rewards (USD) Est. Daily Uni Rewards (USD) Est. Total ETH Rewards (USD) Est. Total UNI Rewards (USD) Value at End (USD) Yield APY
ETH/USDC 25% $250,000 0.07% $93.17 $284.62 $4,291.23 $13,109.47 $267,400.70 6.96% 54.05%
ETH/USDT 25% $250,000 0.06% $133.04 $267.64 $6,127.69 $12,327.65 $268,455.34 7.38% 57.33%
ETH/DAI 25% $250,000 0.08% $74.88 $343.12 $3,448.86 $15,804.12 $269,252.97 7.70% 59.81%
ETH/WBTC 25% $250,000 0.06% $34.02 $255.08 $1,566.85 $11,749.01 $263,315.86 5.33% 41.36%
Total 100% $1,000,000 $335.10 $1,150.46 $15,434.63 $52,990.25 $1,068,424.88 6.84% 53.14%

Data provided above is only an estimate. Actual results will vary. Liquidity Pool data collected via Uniswap smart contracts 9/23/2020. Volume per pool estimated at ETH/USDC (135k ETH), ETH/USDT (205k ETH), ETH/DAI (90K ETH) , ETH/wBTC (55k ETH) based on previous 30 day average volume per pool. Assumes ETH price of $344.85 and UNI price of $5.15 and fixed pool sizes, ETH price, and UNI price.  

What is Uniswap Mining on CoinList?

Through Uniswap Mining on CoinList, users are able to earn the new UNI governance token by committing funds to Uniswap liquidity pools.


Get exposure to UNI while limiting complications 

  • Avoid directly managing the process of liquidity mining
  • Avoid directly interacting with smart contracts
  • Avoid managing multiple asset pools (participate with a simple USD deposit)
  • Avoid high transaction fees and gas costs

CoinList helps you navigates Uniswap mining

Deployment and Rebalancing. CoinList helps you manage the rebalancing and deployment of funds into Uniswap liquidity pools on behalf of participants. 


Earnings. Participants on CoinList receive their pro-rata share of accumulated exchange fees and UNI tokens at the end of the Uniswap Mining program.


Simple Funding. On CoinList, participants will be able to fund their Uniswap Mining participation with USD, USDT, BTC, wBTC, ETH, USDC, and/or DAI.


Details

  • CoinList will deploy participant's assets equally to each eligible Uniswap pool (ETH/USDC, ETH/USDT, ETH/DAI, and ETH/wBTC)
  • Participants’ assets will be rebalanced into approximately 50% ETH, 12.5% USDC, 12.5% USDT, 12.5% DAI, and 12.5% wBTC immediately prior to the deployment to the protocol; this allocation allows liquidity providers to put up a balanced amount of crypto to each pool (50% ETH and 50% of the counterasset in each of the four pools). 
  • There will be at least two deployments to the Uniswap Liquidity Pools for CoinList users.
  • The first deployment will be Oct 2, 2020, and the second deployment will be Oct 9, 2020.The deadline for providing assets will be the morning of the deployment i.e. Oct 2, 2020, 9:00 am PDT and Oct 9, 2020, 9:00 am PDT. 
  • All funds will be retrieved from the protocol on Nov 17, 2020 and CoinList will plan to distribute the initial assets as rebalanced into the pooled assets to participants prior to Nov 24, 2020, along with all rewards earned. 


How long will my funds be locked up for?

Your funds will be deployed into Uniswap until 11/17. Your funds will be distributed back to you by 11/24. 

What assets will I receive at the end of the program?

Participating users will receive all of the following assets at the end of the program:

  • USDT
  • USDC
  • DAI
  • wBTC
  • ETH
  • UNI 

The reason why users will receive all 6 of these assets is that in order to supply liquidity to Uniswap, we must rebalance your initial deposit into the eligible trading pair assets on Uniswap. We will then distribute these assets back to you pro-rata depending on your contribution size. 


You will be able to trade any of these assets on CoinList after the period if you would like to consolidate your holdings. 


When does Uniswap Mining start on CoinList?

September 29th – Registration for Uniswap Mining + deposits open

October 2, 9:00 am PDT – Deposits for first deployment closes

October 2, 5:00 pm PDT – First deployment to Uniswap

October 9, 9:00 am PDT – Deposits for second deployment closes 

October 9, 5:00 pm PDT – Second deployment to Uniswap

November 17 – Uniswap Mining ends

November 24 – Tokens are distributed into CoinList wallets

What happens if CoinList accidentally loses the locked funds?

Unfortunately, CoinList will not be providing any compensation in case something wrong happens. When you agree to participate in the CoinList Uniswap Mining program, you are also agreeing to take on that risk. CoinList works with qualified custodians to custody your assets when they are not deployed in the Uniswap pool contracts to ensure. We will be interacting directly with the Uniswap pool contracts from our qualified custodian. 

What Uniswap pools are eligible for liquidity mining UNI?

The following trading pairs are the eligible pools to supply liquidity to mine UNI: 


ETH <> USDC

ETH <> USDT

ETH <> wBTC

ETH <> DAI 

What is liquidity mining?

Liquidity mining is a term used in decentralized finance (DeFi) applications where users supply liquidity to decentralized financial applications and receive rewards for doing so. In the context of Uniswap, liquidity mining refers to users (Liquidity Providers, or LPs) supplying both assets to a given trading pair market so that the protocol can execute trades. 


Whenever liquidity is deposited into a pool, special tokens known as liquidity tokens are minted to the Liquidity Provider’s address, in proportion to how much liquidity they contributed to the pool. These tokens are a representation of a Liquidity Provider’s contribution to a pool. Whenever a trade occurs, the 0.3% fee is levied and is distributed pro-rata to all Liquidity Providers in the pool at the moment of the trade. The user is able to claim the fees when they take their assets back from the protocol. 


Beyond receiving trading fees for supplying liquidity, liquidity providers on Uniswap for eligible markets will also receive UNI tokens for providing their service. 


Liquidity providers will earn UNI proportional to their contribution liquidity. The UNI and ETH earned through liquidity mining are not subject to any vesting or lock up. 

Are Uniswap smart contracts safe?

The Uniswap V2 smart contracts underwent a four month long audit earlier in 2020. The audit was administered by six engineers associated with dapp.org, a research and development collective focused on safety and correctness in smart contract development. The audit found three bugs and suggested seven improvements. None of the bugs were critical and all issues discovered in the audit have been addressed in the git repository uniswap-v2-core at commit 8160750. 


By participating in Uniswap Mining on CoinList, your funds will be sent to the smart contracts for the four eligible Uniswap pools in the liquidity mining program. Those pools are: 


ETH <> DAI

ETH <> USDC

ETH <> wBTC

ETH <> USDT


We have linked each of the pools above with their corresponding smart contract for you to review. 



What is the minimum amount I can use to participate?

$1,000

What is UNI?

UNI is the newly announced governance token for the Uniswap protocol. UNI holders will have immediate ownership of:


  • Votes regarding the use of the UNI community treasury
  • Changes to the protocol fee 
  • eth ENS
  • Uniswap Default List (tokens.uniswap.eth)

UNI is not being distributed via a token sale, but rather the token will be distributed to network participants who participate in the network and supply liquidity to eligible markets on Uniswap. 


Will I receive my principal back after the period?

Uniswap incentivizes users to add liquidity to pools by rewarding providers with fees on trades. Market making, in general, is a complex activity that has the risk of losing money (compared to just hodling) in the case of big directional moves of the underlying asset price.


In the Uniswap Mining on CoinList, users that participate will be rewarded with accumulated fees on trades as well as the UNI token. 


To understand the risks associated with providing liquidity you can read this blog to get an in-depth look at how to conceptualize a liquidity position.


In sum, participating users are not guaranteed their principal amount back but are guaranteed their pro-rata share of the liquidity pool, accumulated exchange fees, and UNI tokens. 

Will I earn more by supplying liquidity to Uniswap myself?

In many scenarios, you would earn more by supplying liquidity to Uniswap yourself. This is because if you supply liquidity yourself you will not incur the 2% commission on accumulated exchange fees and earned UNI tokens. 


However, for people who do not know how to supply liquidity to Uniswap, are worried about making a mistake when interacting with smart contracts, would like to participate in USD, or are looking to participate with a smaller amount of funds, then CoinList Uniswap Mining may be for you. 

Will CoinList charge a fee for CoinList Uniswap Mining?

CoinList’s fees are as follows: 

  • Trading fees on rebalancing your initial deposit(s)
  • 2% of all accumulated exchange fees
  • 2% of earned UNI tokens 

Additionally, users will cover transaction costs on the Ethereum network, but because we are pooling everyone’s funds together and batching transactions together, those costs will be socialized across all users. 

Where will my funds be held?

Your funds will be held at the eligible Uniswap pool smart contracts. Your accumulated exchange fees and UNI will be held at BitGo, our qualified custodian. 

Is CoinList the only place where I can provide liquidity to Uniswap?

No. However, if you choose to participate in the Uniswap liquidity mining program without CoinList, you may not have assistance with rebalancing your assets and deploying those funds to the eligible Uniswap pools. 


Is there a cap on how many people CoinList will accept?

No there is no cap on how many people CoinList will accept as long as registration is still open. 

Will my UNI be locked up once they are distributed to me?

No, you UNI tokens will be unlocked and available to trade or withdraw at any time.

What assets can I use to participate?

Eligible participants can participate by committing any of the following assets: 

  • USD
  • USDT
  • USDC
  • DAI
  • wBTC
  • ETH

Users can choose to fund their participation with one or multiple assets. 

What is Uniswap

Uniswap is a protocol for exchanging ERC-20 tokens on Ethereum. It eliminates centralized intermediaries and unnecessary forms of rent extraction, allowing for fast, efficient trading. 


Rather than relying on order books to facilitate trade, Uniswap is an automated liquidity protocol. 

In practical terms this means there are template smart contracts that define a standard way to make liquidity pools and corresponding markets that are compatible with each other. 


There is no orderbook, no centralized party and no central facilitator of trade. Each pool is defined by a smart contract that includes a few functions to enable swapping tokens, adding liquidity and more. At its core each pool uses the function x*y=k to maintain a curve along which trades can happen.


Prices are determined by the amount of each token in a pool. The smart contract maintains a constant using the following function: x*y=k. 


In this case x = token0, y = token1, k = constant. For each trade a certain amount of tokens are removed from the pool for an amount of the other token. To maintain k, the balances held by the smart contract are adjusted during the execution of the trade, therefore changing the price.


Uniswap is one of the most used applications on Ethereum with 

  • $20B+ in lifetime volume
  • 250k+ unique addresses that have used the protocol
  • 8400+ unique assets available on the platform
  • Daily volumes greater than $100M


Who can participate in Uniswap Mining?

Anyone living in CoinList's supported jurisdictions can participate in the CoinList Uniswap Mining 

Can I make multiple contributions to the CoinList Uniswap Mining program?

Yes, you can make multiple contributions to the CoinList Uniswap Mining program.

Filecoin Launch

How to fund my CoinList account with USD to participate in Filecoin

FIL/USD trading will launch on CoinList Pro Filecoin will launch on CoinList Pro on October 15th. You will need USD or FIL to participate. If you would like to participate in Filecoin’s CoinList Pro launch on day one you must fund your CoinList account with USD or FIL. Once you have your funds ready, you must transfer them to CoinList Pro to participate.


Below is an asset by asset breakdown on how to get USD or FIL in your CoinList account: 


USD

CoinList allows users to connect their bank account to their CoinList account for easy USD withdraws and deposits. You can connect your bank account by visiting https://coinlist.co/accounts/banking


If you would like to connect a domestic bank for ACH transfers, please select “Add Bank Account.”


If you would like to connect an international bank for wire transfers, please select “Add Wire Account.”


Here are the methods available to transfer USD into CoinList:

  • Domestic wire transfers – these should arrive in your account in one business day.
  • International wires – international wires can take 3-5 business days to clear and arrive in your account 
  • ACH transfers – ACH transfers can take 3-5 business days to clear 
  • Instant ACH transfers – CL users are able to instantly transfer funds over ACH to their account. Please note that while you may use your instantly transferred funds on CoinList, you will not be able to withdraw until your ACH clears in 3-5 business days. 


Once you have your USD in your CoinList wallet, you can transfer them to CoinList Pro by visiting your USD wallet and clicking “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 



FIL

You can deposit FIL and move it to Pro to participate by following these steps: 

  • Deposit FIL into your CoinList wallet 
  • Click "Send to Pro" – this will send your FIL to CoinList Pro where you will be able to use it on CoinList Pro


BTC

You can use BTC to fund your FIL participation by following these steps: 

  • Deposit BTC into your CoinList wallet 
  • While viewing your BTC wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “Bitcoin” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of BTC you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


ETH

You can use ETH to fund your FIL participation by following these steps: 

  • Deposit ETH into your CoinList wallet 
  • While viewing your ETH wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “Ethereum” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of ETH you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


USDC

You can use USDC to fund your FIL participation by following these steps: 

  • Deposit USDC into your CoinList wallet 
  • While viewing your USDC wallet, click “Convert to USD” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


USDT

You can use USDT to fund your FIL participation by following these steps: 

  • Deposit USDT into your CoinList wallet 
  • While viewing your USDT wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “Tether” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of USDT you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


CELO

You can use CELO to fund your FIL participation by following these steps: 

  • Deposit CELO into your CoinList wallet 
  • While viewing your CELO wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “CELO” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of CELO you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


ALGO

You can use ALGO to fund your FIL participation by following these steps: 

  • Deposit ALGO into your CoinList wallet 
  • While viewing your ALGO wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “ALGO” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of ALGO you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


OXT

You can use OXT to fund your FIL participation by following these steps: 

  • Deposit OXT into your CoinList wallet 
  • While viewing your OXT wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “OXT” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of OXT you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


MKR

You can use MKR to fund your FIL participation by following these steps: 

  • Deposit MKR into your CoinList wallet 
  • While viewing your MKR wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “MKR” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of MKR you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


NMR

You can use NMR to fund your FIL participation by following these steps: 

  • Deposit NMR into your CoinList wallet 
  • While viewing your NMR wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “NMR” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of NMR you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


DAI

You can use DAI to fund your FIL participation by following these steps: 

  • Deposit DAI into your CoinList wallet 
  • While viewing your DAI wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “DAI” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of DAI you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


How to trade FIL on CoinList Pro

Filecoin will be available on CoinList Pro soon after mainnet launch, currently scheduled for 10/15/2020. The estimate for mainnet launch is on block 148,888 which would happen at approximately 7:30am PDT. Filecoin will launch on CoinList Pro sometime after the network is live and only once the network has stabilized and all services are functional. 


You will need USD to participate in Filecoin’s CoinList Pro launch. 


When does FIL trading start?

Filecoin trading on CoinList will start after mainnet launch, currently scheduled for 10/15/2020. The estimate for mainnet launch is on block 148,888 which would happen at approximately 10:30 AM PDT. Trading will commence in 3 phases: 


Pre-orders • Open Now


  • Users can now place FIL-USD pre-orders on CoinList Pro. Prior to mainnet launch, users can only place buy pre-orders with USD.
  • No trade matching will occur during this phase, but at the end of this phase, pre-orders will be considered firm and may be executed when live trading begins.
  • Users will be able to enter, modify and cancel orders, but will not be able to see other users’ bids and offers. 
  • The pre-order phase will last until there is sufficient order book depth for price discovery and trading stability.
  • CoinList will notify users approximately 30-minutes before the end of pre-orders.


Opening Price Calculation • Projected start Thursday 10:15 AM PDT


  • After the pre-order phase, the FIL-USD order book on CoinList Pro will be frozen. Users will no longer be able to enter any new orders or cancel existing orders. 
  • CoinList will calculate the opening price at which most orders can be filled.
  • Buy orders at or above the opening price and sell orders at or below the opening price from the pre-order phase will be settled on the basis of price-time priority at the opening price.


Live Trading • Projected start Thursday 10:30 AM PDT


  • Once the opening price is calculated, regular trading will be available for FIL-USD on CoinList Pro with full order book and trade matching. 
  • All order types will be accepted and immediately settled.
  • CoinList will display the aggregate volume for successful trades.


Soon after live FIL-USD trading stabilizes on CoinList Pro, we will list FIL-USDT. Also, we will open trading on CoinList.co and CoinList Mobile. 


The above timelines are all subject to change to ensure the safety and security of customer funds. CoinList will alert you via email as services become available or if there are significant delays to the above schedule. 




How to participate in FIL pre bidding

You can place your pre bid orders by following these instructions: 



What are the fees for trading FIL?

Filecoin trading is subject to the same fee schedule as any other asset on CoinList and CoinList Pro. You can view the up to date fee schedule on CoinList.co/fees 


Withdrawing FIL out of CoinList

Once the Filecoin network is live after block 148,888, you will be able to deposit FIL into your CoinList wallet. You can do that by: 


  • logging into your CoinList account 
  • visit coinlist.co/wallets
  • click on your FIL wallet 
  • click "withdraw" 
  • You will be able to find your FIL address to copy and paste 

Withdraws are expected to go live later in the day on October 15th after sufficient testing with other custody solutions. Please note that FIL withdrawals will take 240 confirmations to successfully arrive at your destination address. This will take approximately 2 hours. 


When is Filecoin mainnet launching?

Filecoin mainnet is expected to launch on block 148,888, which is currently expected to happen at around 7:30 AM PDT on October 15th. 

How to move my funds from CoinList to CoinList Pro?

In order to start participating in FIL’s CoinList Pro launch, you must send funds to CoinList Pro from your CoinList account. Please note that USD will be the only currency available to participate with on day one of network launch. Additionally, there are no transaction fees for moving funds from CoinList to CoinList Pro or vice versa and your funds should transfer instantly. 


  • Once your USD or crypto is in your wallet, visit the wallet that corresponds with the asset that you’d like to send to Pro. 
  • Once viewing the correct wallet, click “Send to Pro”
  • Input the amount you’d like to send to CoinList Pro
  • Click “Go to CoinList Pro”
  • Your funds will be sitting in your CoinList Pro account 


Are there any limits on order sizes on launch?

No, there are no limits to the order sizes that you may place during the auction or during regular trading. You must have available FIL or USD in CoinList Pro to place an order. 


Depositing FIL into CoinList

Once the Filecoin network is live after block 148,888, you will be able to deposit FIL into your CoinList wallet. You can do that by: 

  • logging into your CoinList account 
  • visit coinlist.co/wallets
  • click on your FIL wallet 
  • click "Deposit" 
  • You will be able to find your FIL address to copy and paste 

Please note that it will take 240 confirmations for your FIL to arrive in your CoinList wallet. This will take approximately 2 hours. 

When will mobile trading and buy/sell be available for FIL?

Mobile trading and buy/sell will be available several hours after the launch of the order book on CoinList Pro. 

FAQ on CoinList Pro

You can find the FAQ for CoinList Pro here: https://coinlist.co/help/pro_trading

When will additional trading pairs be added for FIL?

FIL/UDST will launch shortly after the FIL/USD orderbook has matured. This may occur anywhere between several hours and several days. We will announce the launch of FIL/USDT via email. 


Filecoin Lending

Can I participate with unvested FIL?

If you would like to participate with your unvested FIL, please contact justin@coinlist.co for more information. 


What is Filecoin Lending on CoinList?

Filecoin lending on CoinList is a way for you to put your FIL to work by simply lending your FIL to CoinList. The Filecoin ecosystem is very young and many network participants are in need of FIL to supplement their working capital. 


Participants will earn a 15% fixed APY for three months – a fixed net 3.75% – by lending their FIL to CoinList. Once we have received loans from lenders, we will reach out to our network of Filecoin storage miners and liquidity providers to issue loans. 


All loans issued are 125% collateralized. Borrowers are only able to supply collateral with large market cap, liquid cryptoassets such as BTC, ETH, and supported stablecoins. 


All participants, lenders and borrowers, must be accredited. 


The lending period open up on October 20th and users will be able to loan FIL until November 3rd. Participants will receive their principal + accumulated interest denominated in FIL back into their CoinList wallets by February 10th. 


How much will I earn by participating?

Participants will earn a fixed 15% APY on the principal FIL lent to CoinList for 3 months, resulting in a fixed net 3.75% return. 

What assets can I use to participate?

To participate, you must lend FIL to CoinList to participate. If you do not have FIL and would like to participate, you can purchase FIL on CoinList or CoinList Pro with USD, USDT, USDC, BTC, and/or ETH. 


How is my FIL being lent out?

You FIL is being lent out to trusted Filecoin network participants that have successfully onboarded with CoinList. This includes, but is not limited to, Filecoin storage miners and liquidity providers. 


All counterparties must pass KYC/AML as well as accreditation checks. 


All loans issued will be 125% collateralized. 


When will I receive my funds back?

You will receive your principal + accumulated interest denominated in FIL back into your CoinList account by February 10th.


Here is a breakdown of the timeline: 


October 20: Deposits open

October 23, 9:00am PDT: Initial deposits closed 

November 3, 9:00am PDT: Final deposit deadline


October 23 – November 3: Loans are deployed

January 23 – February 3: Loans are closed 

February 10: Principal + interest distributed into CoinList wallets


Lending will be available on a first-come, first-serve basis. Earlier deposits will be prioritized over later deposits. CoinList Lend may extend the deposit period based on borrower demand

What is the minimum loan size to participate?

250 FIL 

Where will my funds be held when they’re not being lent out?

Your FIL will be held at Gemini Custody, one of CoinList’s verified custodians.


How do I participate in Filecoin Lending on CoinList?

You can participate by logging into your CoinList account and following this link: https://coinlist.co/filecoin-lending/


If you’d like to learn more about FIL Lending on CoinList, please visit the landing page here: https://coinlist.co/fil-lending


Who is eligible to participate?

Accredited users from CoinList's supported jurisdictions


A few notes on accreditation: 

  • Users can qualify with their home country’s standards for accreditation 
  • US users can qualify with the updated standards for accreditation – please reach out to justin@coinlist.co for more information on how to do that