Coincall Crypto Exchange Review: Institutional-Grade Derivatives for Retail Traders

Most crypto exchanges feel like they’re built for speculators - fast charts, loud alerts, and a dashboard that looks like a casino floor. But if you’ve ever tried to hedge your Bitcoin holdings or trade options without getting lost in a maze of confusing terms, you know there’s a gap. That’s where Coincall comes in. It’s not another copycat exchange. It’s a derivatives platform built by ex-Binance, JP Morgan, and Optiver traders who actually made millions trading crypto themselves. And they designed it to solve real problems: security, capital efficiency, and regulatory clarity.

Who Built Coincall - And Why It Matters

Coincall didn’t start as a startup trying to ride the crypto wave. It was founded by Jimmy Zhong and a team that managed a crypto trading desk with over $300 million in assets. Their track record? #1 globally on Binance’s profit and loss leaderboard in both 2020 and 2021. That’s not luck. That’s deep market understanding.

This matters because most exchanges hire engineers and marketers. Coincall hired traders who’ve lived through bear markets, flash crashes, and liquidity crunches. They know what institutional clients need - and they built those features into a platform that’s still easy enough for a retail trader to use.

What You Can Trade on Coincall

Coincall focuses on two types of derivatives: futures and options. That’s it. No meme coins, no token launches, no confusing new assets. Just Bitcoin and Ethereum - the two coins that move markets.

• Bitcoin futures: Trade with up to 100x leverage, long or short, with funding rates that are transparent and predictable.
• Ethereum futures: Same structure, same liquidity, same institutional-grade execution.
• Bitcoin options: Buy calls and puts with fixed expiration dates. No complex strike price grids. Just set your target, pick your date, and go.
• Ethereum options: Same simplicity. Perfect for hedging if you’re holding ETH long-term.

You won’t find 500 altcoins here. That’s intentional. Coincall isn’t trying to be a spot exchange. It’s trying to be the best place to trade crypto derivatives - and that means focusing on what actually moves money.

Security: Your Funds Aren’t on the Exchange

This is one of the biggest differentiators. Most exchanges hold your crypto in their own wallets. If they get hacked, you lose everything. Coincall doesn’t do that.

All client assets are held by third-party custodians: Fireblocks, Cobo, and Copper. These aren’t random crypto firms. They’re SOC 2 Type 2 certified, meaning they’ve passed rigorous audits on security, availability, and data protection. The exchange itself holds SOC 2 and ISO 27001 certifications - the same standards banks use.

Here’s how it works: When you deposit Bitcoin, it goes straight to Fireblocks. Not Coincall’s wallet. Not their cold storage. A separate, audited, insured vault. Even if Coincall’s servers go down, your funds are safe. And you can withdraw anytime - no delays, no excuses.

Regulatory Compliance: Built for the U.S. and EU

If you’re in the U.S., you’ve probably avoided crypto exchanges because they’re either blocked or sketchy. Coincall is different. It’s registered with FinCEN as a Money Services Business (MSB). That means it’s legally allowed to serve U.S. customers under federal law.

It also holds a crypto license in Poland, giving it access to the EU market under MiCA regulations. And here’s the kicker: it operates under the CFTC’s Foreign Board of Trade (FBOT) framework. That’s a legal pathway that lets foreign exchanges serve U.S. derivatives traders without breaking rules.

Every user must go through KYC. You’ll need your ID, proof of address, and phone verification. No anonymity here. But that’s the point. Institutions won’t touch an exchange that doesn’t follow the rules. And now, so can you.

Capital Efficiency: Earn While You Trade

One of the biggest complaints in crypto trading is idle capital. You deposit $10,000 to trade futures, but 80% of it just sits there. Coincall fixes that with its Earn While You Trade (EWYT) feature.

Here’s how it works: While your funds are backing open positions, you earn yield on the unused portion. Think of it like a savings account that pays interest while you’re actively trading. You’re not locking up your money. You’re using it smarter.

For example: If you open a $5,000 Bitcoin futures position with $1,000 margin, the remaining $4,000 can earn yield. That’s money you’d normally lose to inflation or low-yield wallets. Coincall turns it into passive income.

Trading Fees and the VIP Program

Coincall doesn’t publish exact fee schedules publicly, but user reports and industry benchmarks suggest fees are competitive - especially for derivatives. Maker fees (adding liquidity) are often below 0.02%, and taker fees (removing liquidity) are under 0.05%.

For high-volume traders, the VIP Program kicks in. It’s not a gimmick. It’s tiered by trading volume and asset balance. Benefits include:

• Lower fees (down to 0.01% taker)
• Dedicated account manager
• Priority support with 5-minute response times
• Custom order types and algorithmic trading access

If you trade over $1 million per month, you’re talking about real savings. A 0.03% fee drop on $10 million in trades saves you $3,000. That’s not small change.

The Early Bird Program: Why Early Adopters Win

Coincall launched with an Early Bird Program to attract serious traders. If you joined before 2024, you got:

• Free options contracts (no cost, no risk)
• 50% off trading fees for 12 months
• Priority access to new features like multi-leg strategies and OTC desks

Even now, the program still offers perks to new users who sign up during promotional windows. It’s not just a marketing stunt - it’s a way to reward users who help shape the platform.

Is Coincall Right for You?

If you’re a retail trader who wants to hedge your Bitcoin without getting ripped off by hidden fees or insecure platforms - Coincall is one of the few options that actually works.

It’s not for everyone. If you just want to buy Bitcoin and hold it, use Coinbase or Kraken. If you want to trade Solana memecoins with 1000x leverage, go to a different exchange.

But if you’re serious about derivatives - whether you’re hedging a portfolio, trading options for income, or scaling up from retail to institutional-level strategies - Coincall gives you the tools, security, and compliance that most platforms don’t even pretend to offer.

Final Thoughts

Coincall isn’t trying to be everything to everyone. It’s trying to be the best place to trade crypto derivatives. And in 2025, that’s exactly what the market needs.

The team has the pedigree. The infrastructure is institutional-grade. The compliance is solid. And the features like Earn While You Trade? They’re not just nice-to-haves - they’re game-changers.

You don’t need to be a hedge fund to use it. But if you’re tired of exchanges that treat you like a gambling customer, Coincall treats you like a trader.