Coinpass.ltd Review

About Coinpass.ltd

OANDA Coinpass Limited is registered with the UK Financial Conduct Authority (FCA) under reference number 921481 as a crypto-asset business, authorised to perform the roles of Crypto‑asset Exchange Provider and Custodian Wallet Provider under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (). The firm is headquartered at Dashwood House, 69 Old Broad Street, London, EC2M 1QS, UK, company number 11164834 ().

The platform supports a wide selection of over 63 cryptocurrency pairs, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and various altcoins and stablecoins. Deposits and withdrawals are available in GBP via Faster Payments, in EUR via SEPA Instant, and via debit/credit card, with fiat funds held onshore in the UK (). It is not covered by the Financial Services Compensation Scheme or the Financial Ombudsman Service ().

Institutional features include multi-signature governance, geographically distributed cold storage, segregated wallets, hardware security modules, insurance coverage, daily reconciliation, audit-ready reporting, and dual-approval transaction workflows. These are designed to meet emerging FCA consultation standards (CP25 frameworks) for custody and prudential requirements ().

Pros and cons

Pros

• FCA-registered crypto‑asset firm offering regulated exchange and custody services (OANDA Coinpass) ().
• Institutional-grade security and compliance infrastructure including multi-signature cold storage, segregated accounts, hardware security modules, insurance, and governance controls ().
• Wide range of crypto trading pairs and UK/EU fiat on/off-ramps via Faster Payments and SEPA Instant ().

Cons

• No access to FSCS or the Financial Ombudsman Service, so user assets are not covered by these consumer protection schemes ().