Do You Want to Know If CoinExchange Is Legitimate or a Scam Broker?
CoinExchange offers trading of various trading instruments, including binary options, which are extremely risky. Unlike some of the brokers we’ve investigated as possibly fraudulent, they do release identities and photos of their team, but this information hasn’t been verified. The site seems fairly straightforward and there is an extensive FAQ section. However, we don’t see any information about licensing. This is a serious problem. Also, we have some detailed and verified complaints about CoinExchange.
There Are Some Problems with CoinExchange
It’s strange that CoinExchange goes through the effort of filling its website with information, has profiles of its team and yet doesn’t give any licensing information. We can suppose they don’t have a license at all. Our complaints from verified customers are pretty severe. They claim that transactions are fake and even that their account was tampered with. Even if half of the complaints we have heard are true, it’s still a reason to stay away.
CoinExchange Was Flagged for Any of the Following:
The following are common reasons brokers get flagged by regulators or identified by customers as scams
- No license
- Low website trust rating
- Verified customer complaints.
If You Need Fund Recovery from CoinExchange, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker close it and request a withdrawal. If you are not given your money back, contact CryptoCoinTrace right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.