CoinW Supported and Restricted Countries

CoinW Restricted Countries

CoinW blocks access in the United States, the UK and Japan due to strict regulatory requirements enforced by the SEC, CFTC, FCA and FSA. Without the necessary licensing, the exchange cannot legally serve users in these regions.

The platform also restricts access in China, where crypto trading is banned, and sanctioned countries like Iran, North Korea, and Syria, in compliance with OFAC regulations. Other jurisdictions with restrictive crypto laws, like India, may also face access limitations.

CoinW enforces these restrictions using geofencing, IP tracking, and compliance filters, as outlined in their Legal Statement. Users in blocked regions attempting access via VPN risk account suspension. 

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CoinW Supported Countries

CoinW operates in over 150 countries, providing access to its crypto trading platform for spot, futures, and ETF markets. With 8 million users and fiat support for 40+ currencies, the exchange serves a broad global audience.

The platform’s expanding footprint includes Asia, Europe, and key emerging markets, offering deep liquidity and institutional-grade trading tools. Its regional partnerships and compliance measures ensure seamless market access.

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CoinW Licensing and Regulation

CoinW holds multiple regulatory licenses, ensuring compliance with financial laws in key markets. The exchange operates under the following approvals:

• St. Vincent and the Grenadines: Licensed by the Financial Services Authority (SVGFSA) to operate as a regulated digital asset exchange.
• United States: Registered as a Money Services Business (MSB) with FinCEN, adhering to AML and CTF requirements.
• Canada: Holds an MSB license under FINTRAC, ensuring compliance with Canadian financial regulations.
• Lithuania: Licensed as a digital currency exchange and custodian wallet operator by the Financial Crime Investigation Service (FCIS), complying with EU anti-money laundering directives.
• Australia: Approved by AUSTRAC for spot trading and fiat-to-crypto services, reinforcing its regulatory standing.

CoinW’s licensing structure enables secure and legally compliant trading across multiple jurisdictions. 

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Does CoinW Require KYC?

Yes, CoinW requires KYC verification for certain services, including fiat transactions and withdrawals. Users must complete at least C2 Primary Authentication to access these features.

KYC involves identity verification, proof of address, and facial recognition to comply with AML regulations. Verified users receive higher withdrawal limits and access to additional trading services.

Verification typically takes 15 minutes to 24 hours. CoinW enforces strict document verification and limits each user to a single KYC-approved account.

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About CoinW

CoinW is a centralized crypto exchange based in St. Vincent and the Grenadines, providing spot, perpetual futures, and ETF trading with deep liquidity and fast execution. Founded in 2017, it serves 8 million users in 150+ countries, supporting fiat on-ramping in 40+ currencies.

Designed for retail and institutional traders, CoinW offers advanced trading tools, algorithmic execution, and multi-tier security. Its global expansion focuses on scalability, market depth, and a compliance-driven approach to digital asset trading.

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Final Thoughts

CoinW provides broad global access but enforces strict regional restrictions due to regulatory compliance. Users in the USA, UK, China, and other restricted areas can’t legally trade on the platform, and attempting to bypass these blocks risk account suspension. 

With solid regulatory backing, strong KYC enforcement, and deep liquidity, it’s a secure option for traders in supported countries. Always check local rules before signing up.