Coinut (Coins U Trust), founded in 2013 by a core developer of Litecoin, is among the pioneering cryptocurrency exchanges in Singapore. Marketed under the slogan "The Most Secure Cryptocurrency Exchange Platform", Coinut differentiates itself by emphasizing security, low transaction fees, and ease of use. Its platform supports direct deposits in SGD and various cryptocurrencies, offering quick and efficient trading experiences.
Positioned strategically in Singapore with a subsidiary in North America, Coinut has garnered support from renowned investors like Boost VC and NUS Enterprise. The company completed its last known investment during a Seed Round on 01 November 2015, led by Boost VC. Coinut's commitment to security is demonstrated by offline storage of cryptocurrencies, setting it apart in an often volatile market.
Going forward, Coinut aims to expand its offerings to include more fiat currencies, broadening its market appeal and encouraging growth within the Crypto and Financial Services industries.