CoinRabbit Reviews

After two years of using this platform and witnessing every shady move they’ve made, I can say with full confidence: this is an incredibly honest review from someone who’s seen it all. What started as a simple, basic platform has morphed into something far more deceptive. They’ve dressed it up with flashy exterior upgrades, but beneath the surface, they’ve devised new ways to mislead users into believing their money is secure—when it’s anything but.

The reality? They keep changing the rules to seize more crypto, all while lacking the infrastructure to support their growing user base. Take the recent crypto downturn as an example: their system deliberately freezes when people try to top up their loans. It’s not an accident—it’s by design. Any reputable company could easily allocate more server space to handle the load, but they refuse. When everyone rushes to top up during a dip, the system crashes, leaving you stranded. Good luck getting through; they’ve made it impossible on purpose. Increasing bandwidth is a simple fix, yet they dodge it time and again.

Another major red flag: they loudly claim interest isn’t due until the loan matures, but that’s a lie. A few months ago, they quietly changed the game—adding interest monthly and hiking the margin call to match. Instead of waiting until you close the loan to settle interest, they adjust the margin upward, bringing it dangerously close to current price for the crypto’ on file. This is blatant deception, and they didn’t even bother notifying anyone. I only discovered it—along with countless others—when we noticed our supposedly safe margins shrinking. For two months, they’d been silently raising margin calls, claiming it “protects their interests.” It’s nonsense; it’s just another way to cheat users out of their funds.

And the interest rates? They’ll quote you 16% when you sign up—say, $550 a month on 1 BTC—but in reality, they’re charging $1,200-$1,500 monthly, then jacking up your margin call by that amount or more. Their explanations are a jumbled mess that wouldn’t fool anyone paying attention. It’s robbery, plain and simple.

The biggest issue, though, is their client service—or lack of it. It used to be their one redeeming quality; if something went wrong, they’d fix it. But over the last 6-9 months, they’ve abandoned customers entirely, focusing instead on stealing crypto and dodging accountability. Now, there’s apparently just one rep—William—handling all chats and emails, recycling the same canned responses, hoping you’ll give up. It’s a joke.

Dig deeper, and the picture gets worse. This company’s racked up complaints across multiple continents for shady practices. They’ve changed their corporate entity three times since launching, likely because countries keep kicking them out for being untrustworthy thieves. And there’s more: they now blame “network issues” when your top-up doesn’t process in time to save your loan—even though, months ago, they’d automatically pause margin calls once a top-up was submitted. Now, you’re at the mercy of their excuses, risking a $2,000-$3,000 margin call despite doing everything right.

There are too many issues to list, but the bottom line is this: do not trust these crooks with your crypto. Plenty of other platforms handle this fairly, without the lies and predatory tactics. Stay away—90% of their glowing reviews are fake. This one’s real.

When it comes to this platform, there are zero pros worth mentioning—unless you count having your crypto stolen as a twisted perk for daring to call out anything positive. They’ve built a system so rotten that even the faintest glimmer of a benefit, like decent client service in the past, has been snuffed out by their relentless greed. Every feature they tout—safeguards, interest terms, ease of use—is a mirage, quickly dissolving into new tricks to drain your wallet. The only “pro” here is their efficiency at theft, and that’s no pro at all—it’s a warning. Use this service, and you’re signing up for a one-way ticket to losing everything, with no upside to soften the blow.

- Deceptive rule changes
- Seizes crypto unfairly
- Poor server capacity
- Freezes during top-ups
- Hidden interest hikes
- Misleading margin calls
- High, unclear fees
- Terrible client service
- Ignores user complaints
- Shady business history

CoinRabbit is a shady company located in the Caribbean's, Saint Vincent and Grenadines. This company is not to be trusted. In my case, they liquidated multiple loans at a price $2 dollars above my margin call. Good luck with their customer service if something like this happens to you.

You will get liquidated at a price above your liquidation point and you will get the round around from their customer service and get multiple lame answers as to why you got liquidated at a rate above your margin call. In my case, their own market rate on their platform was $81.4, my margin call was $79.4.

If they reply to this message with a lame explanation, do not buy into it. I already got 4-5 different answers as to why my position got liquidated above my margin call. Every time I counter argued their lame excuse, I get another lame excuse. Like I said, their liquidation system is shady and will liquidate you above your margin call, so be warned if you decide to deal with this company.

You won't get any help from their customer service, this is a predatory company. I am in the process in beginning a lawsuit. Don't be like me, don't trust this company unless you want to be a victim to their shady practices like I was.

-They make it easy to get your crypto into their wallets.
-You get the USDT pretty quick
-You don't have monthly loan payments

-Predatory
-Bad customer service, constant lies/run arounds
-Their system liquidates above your margin call, be warned. If it gets around $5 or so to your margin call, you will get liquidated.
-You dont get the 3 email warnings about low levels, thats a lie/marketing ploy

Ripped off 100% totally if you want to gift all your cash. This outfit will take it off your hands with ease.

A lot of lies. They ripped me off so fast you would not believe it. Do not use. Anything you give you will never see again.

Even more lies.

Convenient. I am using this service because it is super easy to proceed the loans. I don't need to provide my data. I like that. Crypto is made for that.

I've been using this service couple of time and it is every time a good experience. I had the margin call red, it is almost reached the liquidation point, but the company was sending me many notifications. Support managers were very helpful all the way long, while i had to fix the issue.
Now I have my collateral back and i am completely satisfied with this experience.

- the usdt came to my wallet very fast, almost immediate.
- support is helpful and 24 hours online.
- the service is very simple to use. Simple calculator.

There are not too many services in one platform. I couldn't have even a wallet on this platform.

I was using CoinRabbit for already 1.5 years now and was one of their early customers. Their service is very simple and you just simply get what you want in minutes. Also, their support is very good. Had once a problem with my loan and they solved it within an hour or so. Hope their support will be always like this and won't be worse because of growth.
Gl rabbit!

- No kyc
- Awesome support
- Very simple flow to get the loan or open a savings account
- Flexible conditions for terms and all the operations

- Not enough features for me. Would prefer to do all things in one place
- Rates are a bit high

Many loans were incorrectly liquidated, many loans not notified to top up or pay back. Technical errors in place, their system is fraud. I am in the process of notifying the media to protect others.

N/A.

Absolutely horrible. BEWARE. They scammed me out of all of my tokens. I am currently initiating a lawsuit as we speak.

I had to choose a new platform, so I could earn on my alts and stables, since the platform I used to use restricted earning interest in my area. I came across CoinRabbit and even though they only offer earning on stables, they gave me the most pleasant experience. It was fast, and even something happened when I opened a deposit, they just solved a problem quickly. Now I would definitely stuck to them and wait for new assets which I hope they would accept.

First of all, no KYC.
Unlimited amount of withdrawing and no fees.
24/7 support which replies within a minute.
Just quick service in general, it takes like 15 minutes. With other platforms it took me days sometimes.

A small amount off assets available for depositing.