# Summary

Koinbay is a cryptocurrency exchange with a high liquidity system connected to 300 exchanges. It offers an ultra-low fee rate, 30 risk control mechanisms, and various trading modes including Spot, Margin, and Futures. Despite being a centralized exchange, it also provides decentralized features such a decentralized loans and decentralized swap through third-party providers.

Beyond trading, Koinbay facilitates crypto loans, staking on USDT, and the option to purchase or sell cryptocurrency via card and wire transfer. It's a regulated and licensed platform adhering to anti-money laundering (AML) and know your customer (KYC) standards, with different account tiers based on user verification levels.

{% hint style="info" %}

* **Website**: [https://www.koinbay.com/](https://lyotrade.com/)
* **Docs and Guides**: [https://docs.koinbay.com/](https://docs.lyotrade.com/)
* **Customer Service**: [http://support.koinbay.com/](http://support.lyotrade.com/)
* **iOS App Store**: Coming Soon
* **Android Google Play**: Coming Soon
  {% endhint %}


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