Veraxa Ltd.

Coinstore is a global centralized cryptocurrency exchange and digital asset trading platform, operated by Veraxa Ltd. and founded in 2020. Headquartered in Singapore, Coinstore's mission is to make cryptocurrency accessible to everyone by providing fast, secure, and user-friendly digital asset trading services, with a particular focus on high-growth emerging markets.

The platform offers a comprehensive suite of products and services, including spot trading, futures trading with up to 100x leverage, staking opportunities, and a token launchpad for Initial Exchange Offerings (IEOs). Coinstore supports trading for over 500 cryptocurrencies across numerous trading pairs, primarily against the USDT stablecoin. It caters to both novice and experienced traders, providing advanced charting tools, an intuitive interface, and a Web3 Wallet.

Led by co-founder Jennifer Lu, Coinstore has rapidly expanded its global footprint, particularly in regions such as Southeast Asia, India, and Africa, reaching over 5 million users. The exchange obtained Money Services Business (MSB) licenses in the US and Canada in 2023. However, the UK's Financial Conduct Authority (FCA) has issued a warning regarding CoinStore / COINSTORE PTE. LTD. operating without permission. Recent initiatives include a brand upgrade to "One Touch to Crypto" and the launch of a futures credit feature, reinforcing its market position as a premier global platform for exclusive listings and accessible crypto trading.