Scam Broker Coinone

Do You Want to Know If Coinone Trades Is Legitimate or a Scam Broker? 

CoinOne is a Korean crypto broker whose site is mainly in Korean but can be translated into English. We noticed that the broker offers incentives and high leverage. Both can be dodgy, particularly if a broker doesn’t have a license. We haven’t seen any proof that Coinone is licensed, nor do we have information of the people who founded this broker and run it today. 

There Are Some Problems with Rave Coinone

The problem with bonuses and incentives is often they are used merely to lure customers and can even tie up their money so they won’t be able to withdraw it. We aren’t sure if that is what’s going on in this case, but they offer no transparency to allay our suspicion. Also, beware of high leverage and encouragement to trade on the margin. If a customer trades with money they don’t have, they can easily lose more than all of it and even be in the broker’s debt. 

CoinoneTrades 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
  • No transparency
  • High leverage
  •  Suspicious bonuses
  • Verified customer complaints. 

What You Should Do If You Have an Account with CoinOne? 

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!

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