Cryptoforce Exchange Fee Calculator
Fee Breakdown
Based on Cryptoforce's zero-commission promotionPromotional Period (First 3 Trades)
Zero commission fees for first three trades
- Network Fees Covered
Post-Promotional Period
Standard 0.15% flat fee per transaction
- Transaction Fee 0.15%
- Network Fees Covered
Estimated Cost
Enter values and click Calculate to see estimated fees
Zero Commission
Enjoy zero commission for the first three trades
INR Trading
Supports Indian Rupees for easy local trading
DMCC Licensed
Dubai operation backed by DMCC licensing
Key Takeaways
- Cryptoforce operates two distinct exchanges - one in India and one in Dubai - each with its own licensing claims.
- Both platforms list over 129 coins, let you trade with INR or USDT, and promise zero‑commission trades for the first three transactions.
- Security hinges on KYC/AML checks and, for the Dubai arm, DMCC licensing; the Indian arm’s compliance details are vague.
- The COF token is an ERC‑20 on Ethereum with negligible volume and market cap - not a core product of the exchange.
- Compared with Binance or Coinbase, Cryptoforce’s user base and liquidity are small, and independent reviews are scarce.
When you type "Cryptoforce review" into a search box, you probably expect a straight‑forward answer: is this exchange safe, cheap, and worth your time? The reality is a bit messier. Cryptoforce isn’t a single, monolithic service - it’s a brand that covers at least two separate exchanges (one in India, one in Dubai) and an unrelated ERC‑20 token called COF. In this article we untangle the web, walk through the trading experience, break down fees, check security claims, and decide whether the platform earns a spot in your crypto toolbox.
What is Cryptoforce Exchange?
At its core, Cryptoforce Exchange is a cryptocurrency trading platform that launched in 2022 under the name Coinsbit India before rebranding to Cryptoforce. The exchange claims to be one of India’s first crypto‑focused marketplaces, headquartered in Hyderabad and built for Indian traders who want to use rupees (INR) or tether (USDT) to buy and sell digital assets.
Simultaneously, there is a Dubai‑based operation that also calls itself Cryptoforce. This version advertises full licensing from the Dubai Multi Commodities Centre (DMCC) a free‑zone authority that issues trade and financial licences in the United Arab Emirates. The Dubai entity emphasizes strict KYC/AML compliance, FATF and FATCA adherence, and advanced encryption for user data.
Both arms share a common visual brand, but they operate under different regulatory frameworks and appear to have separate management teams. The overlap creates confusion for users who might sign up on one portal and later discover they’re dealing with a different legal entity.
How does trading work on Cryptoforce?
The platform lists more than 129 tokens across 13 blockchain networks, covering the big names - Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Solana (SOL), and dozens of altcoins. You can place market or limit orders, and the interface is marketed as “swift” and “intuitive”.
Trading pairs are mainly INR/USDT against the listed crypto assets. If you’re an Indian user, you can deposit rupees directly via bank transfer or UPI and start swapping. International users can fund their account with USDT, which is then converted to the desired crypto. The minimum deposit reported by most crypto exchanges is $50, but Cryptoforce does not publish a specific floor for INR deposits, so you’ll likely need at least ₹3,500 to get started.
For the COF token, the only official avenue is the Uniswap V2 pool paired with Wrapped Ether (WETH). You’ll need an Ethereum‑compatible wallet (MetaMask, Trust Wallet, etc.) to hold COF, as the exchange itself does not list the token on its order book.
Fees & Pricing - Is the “zero‑commission” claim real?
Cryptoforce’s headline promise is “zero commissions and zero network fees for the first three trades”. In practice, that means the exchange absorbs the blockchain miner fee for those initial swaps. After the third trade, a flat fee of 0.15% per transaction is applied - comparable to many mid‑tier exchanges but higher than the sub‑0.1% rates you’ll see on Binance or Kraken.
The platform also touts “best prices” for all assets. Because volume is low (CoinMarketCap lists the exchange as “untracked”), price slippage can be noticeable on larger orders. The order‑book depth is shallow, so a $5,000 BTC buy could move the price a few cents higher than the market rate, eroding the “best price” claim.
Withdrawal fees are a flat rate per coin (e.g., 0.0005BTC, 0.01ETH) and are listed in the fee schedule on the website. There are no hidden charges, but the fee schedule is only accessible after you log in, which makes it harder to verify before you create an account.
Security & Compliance - What protects your money?
Both versions of Cryptoforce require KYC verification before you can trade - you’ll upload a government ID, a selfie, and proof of address. The Dubai arm explicitly states it follows FATF and FATCA guidelines, and it cites DMCC licensing as proof of regulatory oversight. The Indian arm claims “100% compliance with government regulatory requirements”, but it does not disclose which Indian body (e.g., RBI, SEBI) has granted formal approval.
Security features include two‑factor authentication (2FA) via Google Authenticator, withdrawal whitelists, and AES‑256 encryption for data at rest. The exchange says it performs continuous monitoring for suspicious activity, but there are no publicly available audit reports or third‑party security certifications.
Because the two entities are separate, the level of oversight may differ: DMCC licensing is a verifiable certificate you can request, while the Indian compliance claim is harder to validate without a formal regulator’s endorsement.
The COF Token - Hype or Hype?
The COF token is an ERC‑20 token on the Ethereum blockchain that trades only on Uniswap V2 with a WETH pair. Its market price hovers around $0.0000027, and 24‑hour trading volume is roughly $572 - tiny numbers that suggest almost no real demand.
Because COF is not listed on Cryptoforce’s own exchange, the token’s utility appears limited to speculation on a decentralized exchange. There’s no known partnership, product, or ecosystem that backs its value, making it a high‑risk, low‑liquidity asset. If you’re looking for a token to hold for a long term, COF does not currently meet that criteria.
Pros, Cons, and what real users say
Pros
- Supports INR trading, which is rare among global exchanges.
- Zero‑commission for the first three trades - nice for testing the platform.
- DMCC‑licensed Dubai arm adds a layer of regulatory credibility.
Cons
- Thin liquidity leads to price slippage on larger orders.
- Lack of independent user reviews - no Trustpilot, Reddit, or major forum feedback.
- Unclear relationship between Indian and Dubai entities creates potential regulatory gray‑area.
- COF token has negligible market presence and offers no clear utility.
Community chatter is limited. A quick scan of cryptocurrency forums shows a handful of users mentioning the platform’s “fast onboarding” but also warnings about the “untracked volume” flag on CoinMarketCap. Without a robust track record or third‑party audits, many traders treat Cryptoforce as a niche, experimental exchange rather than a primary hub.
Comparison: Indian vs Dubai Cryptoforce Operations
| Aspect | Indian Cryptoforce | Dubai Cryptoforce |
|---|---|---|
| Headquarters | Hyderabad, India | Dubai, United Arab Emirates |
| Regulatory claim | 100% compliance with Indian government requirements (unspecified) | Licensed by DMCC - recognized free‑zone authority |
| Supported fiat | INR, USDT | USDT, no direct fiat |
| Trading hours | Mon‑Sat 9AM‑7PM (closed Sun) | 24/7 online |
| Liquidity tier | Low - untracked volume on market aggregators | Moderate - DMCC‑regulated but still emerging |
| Security certifications | 2FA, AES‑256, internal audits (not public) | 2FA, AES‑256, claims third‑party security audits (no reports) |
Should you use Cryptoforce?
If you’re an Indian trader who wants a quick way to convert rupees into crypto without dealing with a massive global exchange, the Indian arm can be a convenient entry point. The zero‑commission incentive helps you test the waters, and the platform’s UI is designed for beginners.
However, if you need deep liquidity, fast order execution, or a well‑documented compliance record, you’ll probably feel more comfortable on Binance, Coinbase, or WazirX. The lack of independent reviews and the “untracked” volume flag means you’re taking on extra risk.
For users in the Middle East who value a DMCC‑backed licence, the Dubai version offers a clearer regulatory path, especially if you plan to trade large sums or need FATF‑compliant KYC. Still, the same liquidity limits apply, so treat it as a secondary exchange rather than your main hub.
Bottom line: Cryptoforce is a niche option that can serve specific use‑cases (INR‑first trading, DMCC licensing), but you should not rely on it as your sole gateway to the crypto market. Keep a larger, more established exchange as your primary wallet, and use Cryptoforce for occasional or low‑value trades.
Frequently Asked Questions
Is Cryptoforce licensed in India?
The Indian operation claims 100% compliance with local regulations, but it does not list a specific licence from the RBI, SEBI, or any other Indian authority. Users should request proof of registration before depositing large amounts.
What does DMCC licensing mean for the Dubai exchange?
DMCC (Dubai Multi Commodities Centre) is a free‑zone regulator that issues trade and financial licences. A DMCC licence indicates the firm meets Dubai’s baseline compliance standards, including KYC/AML procedures, but it does not guarantee the same level of investor protection as a full financial regulator in Europe or the US.
Can I trade the COF token on Cryptoforce?
No. COF is only available on Uniswap V2 via a WETH pair. To acquire it you need an Ethereum‑compatible wallet and a small amount of ETH for gas fees.
How do the fees change after the first three trades?
After the promotional zero‑commission period, Cryptoforce charges a flat 0.15% fee on each trade. Withdrawal fees are coin‑specific and listed in the fee schedule once you log in.
Is my money safe if the exchange is shut down?
Cryptoforce holds user funds in custodial wallets controlled by the platform. If the exchange were to close unexpectedly, retrieving assets could be difficult without a formal liquidation process. Always keep the bulk of your holdings in a non‑custodial wallet where only you control the private keys.
Cryptoforce’s “zero‑commission” gimmick feels like a sales trap, especially when the network fees are still hidden. The fine print makes me skeptical.
Look, if you’re an American and you think this Indian‑focused exchange is some kind of miracle, you’re dead wrong. They brag about “DMCC licensed”, but that’s just a buzzword to lure newbies. Their fee calculator is a joke – zero commission for three trades then a 0.15% cut that’s nothing compared to the hidden spreads. I’ve seen users lose money on the “covered network fees” because they’re actually baked into the price. The platform feels rushed, UI looks like a copy‑paste from a 2020 template. Not to mention their customer support is practically non‑existent. If you’re looking for legit trading, stick to regulated exchanges. Don’t let the “first three trades free” hype blind you. This is just another way to get you addicted and then bleed you dry. Get a grip and do your own research before committing. The crypto space is full of scams, and this is no exception.
While the enthusiasm is understandable, dismissing the whole platform as a scam ignores the fact that many users actually benefit from the zero‑commission period. The regulatory landscape in India is evolving, and a DMCC license does add a layer of credibility. It’s not perfect, but painting it as a total fraud is overly simplistic.
Hey folks, just wanted to point out that the zero‑commission offer can be a good way to test the waters if you’re cautious. Start with small amounts, keep an eye on the spreads, and you’ll get a feel for the platform without big fees. It’s a decent learning tool.
Oh great, another “no fees” promo that disappears after three trades-just what the crypto world needed.
According to the disclosed fee schedule, Cryptoforce applies a flat 0.15% charge per transaction after the promotional period. Deposit fees are listed as nil, while withdrawal fees vary by coin. Users should consult the official documentation for precise network fee coverage.
The introduction of INR trading pairs potentially broadens market access for Indian investors, aligning with regional demand. However, liquidity considerations and price slippage must be examined, particularly for less‑traded assets. A thorough assessment of order book depth is advisable before committing substantial capital.
I totally agree-checking the order book depth is key. I’ve seen thin markets cause unexpected price jumps, which can eat into any perceived fee savings.
Do you realize they’re practically handing out free crypto? It’s an invitation to chaos!
From a user experience perspective, the interface is clean but could use more real‑time price alerts. Adding customizable notifications would help traders stay on top of market moves without constantly refreshing the page.
Seriously? The site looks like a static brochure. Where’s the live chart heatmap? It’s like trading in the dark.
Honestly, the whole “zero commission” pitch is just marketing fluff. If you dig deeper, the spread is widened, and the “covered network fees” are an illusion. Don’t be fooled by the flashy banner.
Good points, everyone-thanks for sharing.
Use the fee calculator to model your expected costs before trading; it prevents surprises.
Cryptoforce’s emergence in the Indian crypto market reflects a broader trend of regional exchanges seeking to capture local demand while navigating regulatory uncertainty. By offering INR‑denominated trading pairs, the platform lowers the entry barrier for users who might otherwise be deterred by the need to convert fiat through third‑party services. The zero‑commission promotion for the first three trades is an attractive onboarding incentive, yet it is essential to scrutinize the underlying economics of such offers. Network fees being “covered” may initially appear advantageous, but they are often embedded within the spread, effectively increasing the cost of each transaction. Moreover, after the promotional window, the flat 0.15% fee, while modest compared to some competitors, still compounds for high‑frequency traders. Withdrawal fees, which are coin‑specific, can also erode profitability, especially for assets with low market liquidity. Users should also consider the security posture of the exchange; a DMCC license indicates compliance with Dubai’s standards, yet it does not substitute for robust internal security measures such as cold storage ratios and multi‑factor authentication. Community feedback suggests that customer support response times are variable, which can be a critical factor during market volatility. It is advisable to diversify holdings across multiple exchanges to mitigate counterparty risk. Additionally, leveraging the built‑in fee calculator can provide transparency, but users must input realistic trade volumes to obtain meaningful estimates. Educational resources on the platform are limited, so newcomers may benefit from external tutorials and market analysis. The roadmap announced by Cryptoforce includes upcoming features like staking services and advanced order types, which could enhance utility if executed well. However, any future feature rollout should be accompanied by thorough audits to ensure code integrity. In summary, while Cryptoforce presents a compelling suite of services tailored to the Indian market, prudent traders should conduct comprehensive due diligence, accounting for hidden costs, security considerations, and the platform’s evolving regulatory environment.
I bet there’s a hidden backdoor in their API that the regulators haven’t discovered yet.
Maybe, but without concrete evidence it’s just speculation. Still, staying cautious is wise.
From a technical standpoint, the exchange’s matching engine appears to operate on a hybrid limit‑order book model, which may introduce latency in order execution under peak load. This could affect slippage metrics, particularly for high‑frequency strategies.
Now, let be clear!!! The narrative that “zero‑commission” is inherently positive is oversimplified!!! One must interrogate the cost structure hidden behind the veil of “free trades”!!! The spread, the order‑book depth, the liquidity providers’ fees-these are the real variables!!! Ignoring them leads to a false sense of security!!!
That’s a solid point-sometimes the hidden costs are the biggest surprise.
For newcomers, I recommend starting with a modest allocation, tracking fee impact over a few weeks, and then adjusting your strategy based on observed performance.
Don’t trust everything they say.