What is CoinW?
CoinW serves as a digital asset trading platform based in Singapore, providing users from all over the globe with the opportunity to trade in popular cryptocurrencies such as BTC, ETH, and HC. When engaging in Exchange trading on CoinW, users are subject to a fee that supports the platform's operations, with a current standard fee rate of 0.2% that differs for makers and takers. Users have the option to place orders that remain in the order book rather than being executed immediately against existing orders, ensuring that when an order does go through, it is matched at a price that is equal to or more favorable than the existing ones. The platform places a strong emphasis on effective risk management and complies with international standards, which contributes to a safe trading atmosphere. Additionally, CoinW is equipped with high-performance matching capabilities and sufficient liquidity, making it an appealing choice for traders. These elements work together to create an efficient trading experience, increasing user trust and satisfaction with the platform. Furthermore, CoinW continuously updates its features to remain competitive in the rapidly evolving cryptocurrency market.
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CoinW Categories and Features
CoinW Customer Reviews
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Scam
Date: Feb 04 2024SummaryMiserable.......avoid at all costs! Unable to load pages! Continually asks to reload but can never bring up page! Luckily I only transferred 50$ in the account. Now I can't even access it!
PositiveNothing! I was unable to perform any transfers, or buys! The system kept crashing and having to reload....very frustrating. It definitely is not a user friendly site and I believe a scam!
NegativeUnable to load pages! Continually asks to reload but can never bring up page! Luckily I only transferred $50 in the account. Now I can't even access it!
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Scam
Date: Dec 17 2023SummaryIf you are looking for the evidence, I have all the screenshots together with the conversations with their staff.
PositiveThis is a scam website and don't waste your money investing here. I made a withdrawal from here to another exchange and more than half of the day has passed and I still haven't received the transfer. After I contacted them and told them to either take the transfer or cancel it, now I have another half day and still nothing has happened. I have neither received nor have active money that I can do whatever I want. So in short they are in one of their wallets and I only have the numbers. If you are looking for the evidence, I have all the screenshots together with the conversations with their staff.
NegativeThis is a scam website and don't waste your money investing here. I made a withdrawal from here to another exchange and more than half of the day has passed and I still haven't received the transfer.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Very good exchange
Date: Dec 10 2023SummaryIt's an amazing exchange and I haven't had any issues since almost 1 year. I will definitely also use them in the future and I cant criticize anything.
PositiveCopytrading.
The liquidity that they have.
Instant withdrawals.
No KYC.
The Take profits and the Stop losses are giving you fair prices, not like at other exchanges where the slippage is that high.NegativeThere is maybe one thing and this is the loading time. Sometimes its loading a few seconds longer but its not a problem for me.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
CoinW Exchange, scam and thief
Date: Mar 09 2023SummaryHello, I allow myself to communicate to you the last concerns, the scam and the theft that I have just suffered on CoinW Exchange and by CoinW in order to alert you to this Exchange of thieves, a nice scam. So never buy coupons from them. These coupons give you additional % on earn or staking. You can earn +30% +40% more etc... The problem and the scam is that you have to buy this coupon, between 1000 usdt and 3438 usdt, and only after buying this coupon, you discover that you can invest with this coupon only on a maximum amount of 1000 usdt. Basically you pay a 1000 usdt coupon which gives you + 40% over 14 days on a maximum investment of 1000 usdt at 10%. So you will earn about 18 usdt over 14 days at 10%+40% (i.e. 50%), but ultimately you lose the coupon at the end of the operation and the 1000 usdt, so you lose 982 usdt, that's so a nice scam and theft, don't you think? Does this seem normal to you? Am I the only one who noticed this?
Once you have purchased the coupon, you go to another tab of the application to use and add this coupon, this +40%, to another earn in usdt of +10%, which gives you 14 days, an earn of 10%+40% = 50%. But, at that moment you discover that you can only put or use 1000 usdt. Excluding 1000 usdt at +50% over 14 days = +19 usdt profit. So at the end of the 14 days I got my 1000 usdt + 19 usdt back, but CoinW does not give you back the coupon price, the 3438 usdt. So you pay 3438 usdt, to earn 19 usdt and lose the coupon amount. Losing 3438 usdt - 19 usdt 3419 usdt is theft of the scam! I want to file a complaint against CoinW and its CEO Bai Mingguo.
Ok to pay a coupon of 1000 usdt or up to 3438 usdt, but in this case we must be able to bet much more than 1000 usdt, otherwise we are a loser, and CoinW robs you. This should be clearly indicated before the coupon is even purchased. Which is not the case at all. So it's a real nice scam!
CoinW steals scams its customers with their famous coupons They sell you a minimum unit coupon at 1000 usdt, which you lose after using it and with which you cannot earn more than 20 usdt. So you lose 980 usdt. And you only find out once the coupon is purchased. It's a big scamPositiveNothing, they are liars, go away, nothing really good in this exchange, it is not clear, it is a scam.
NegativeThey have maybe a good marketing, but after all is not clear.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Can't fix A Forgotten Trading Password
Date: Dec 13 2022SummaryI have a very bad experience with them not solving a simple issue as fixing a client who has forgotten a trading password. Wasted time in sending emails back and forth explaining the same thing.
PositiveRewards bonus when you trade futures I like their promotion on that aspect. Also their pricing is somehow good.
NegativeI forgot my trading password of my account. I sent them more than 20 emails trying to explain my problem in simple terms that their platform requires me to fill in my Current Trading Password first of which I have forgotten it for me to change to a new Trading Password. Without a Trading Password you can not withdraw your funds. Still I they didn't seem to understand with screenshots my money is stuck in the exchange. I view it as scam exchange
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Funds missing - be VERY careful
Date: Oct 08 2021SummaryIt's a company that can vanish overnight. Good luck getting your coins onto, or off the exchange. Might as well play with monopoly money.
PositiveSupport person will constantly speak to you. Various platitudes like 'we are having a technical error' and 'we will fix it soon' when you enquire regarding your missing funds.
NegativeBlockchain explorer shows they have successfully landed in their wallets. Funds completely missing. Different coins, different blockchains, same result. Highly suspicious.
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