Coinone Review 2024 – Is Coinone legit or a scam?

Report Scam Community has conducted much research before flagging Coinone as a possible scam in this Coinone Review.

Coinone is an offshore or unreliable broker that is not regulated by any reputed regulation authority in its region. The broker may operate in many countries without the regulation required by the reputed regulation authority in its country like CySec, ASIC, FCA, CNMV, etc. But regulation can’t be the only reason for calling this broker as a scam. Many Complaints and negative Coinone reviews and other possible scam features can also be the reason. Your funds may not be safe if you are trading with this broker.

Coinone Website –

Coinone Warned By – Not Recommended By Review Website Like Report Scam

Coinone Address – Seoul, Seoul-t’ukpyolsi, South Korea

Coinone, a cryptocurrency exchange, garners numerous negative reviews on prominent platforms like Trustpilot. Users complain of withdrawal restrictions and lament the poor quality of customer service. These grievances reflect a pattern of dissatisfaction among customers, raising concerns about Coinone’s reliability and user experience. Such widespread criticism suggests potential issues with the platform’s functionality and customer support, prompting caution among prospective users. Before engaging with Coinone or any cryptocurrency exchange, individuals should thoroughly research and consider the experiences shared by others to make informed decisions about their investments and transactions.

Possible scam activities of scam broker Coinone

Here are some of the very possible reasons why we have flagged this broker as a scam broker in this Coinone review.

  • The broker may have made several false claims through its website.
  • The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders.
  • The broker makes continuous calls to the traders and urges them to invest higher and higher amounts.
  • The broker promises returns that are too good to be true.
  • The risk warnings may not be disclosed on their webpage or that would be hidden.
  • The broker may be located in countries or small islands where there is no proper regulation and registering a company is very easy. Usually, these countries are a haven for scam brokers.
  • This broker provides you with good chances of making profits and when you decide to withdraw your money, they will state their illegitimate rules of withdrawals and ultimately you are not able to make withdrawal.
  • The broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down. The broker also changes the name and website URL without any notice to existing traders.

Negative Coinone Reviews and Complaints

Coinone has got many negative reviews and traders who traded with this broker have raised many complaints against it. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed this broker in the list of scam brokers 2024.

Example of Negative Coinone Review

Reviews on Trustpilot say – “Coinone is restricting withdrawals to your own “third party” wallets. Why should someone require additional KYC yet again to withdraw their assets?!?
Not your keys, not your coins!”

Is Coinone a scam or a legit broker?

ReportScam does not recommend traders to trade with this broker and your funds may not be safe with this broker and Coinone reviews are negative. Instead, we recommend looking for regulated and reputed brokers who can really help in growing your investments.

To read more about Scam Brokers and their Review, Visit Scam Brokers 2024 Page.

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How do you get your lost money back from Coinone?

The best solution recommended for getting your lost money back from Coinone is Report Scam Community.

They are a committed team of Recovery specialists who have already helped hundreds of scam victims in recovering their lost money. Report Scam provides free Consultation and anyone can register by filling out a very short complaint form.

Do not believe Scam Recovery companies but believe the Report Scam Community is better because they are a genuine group of people.

Domain Age Information of Coinone

Date RegisteredJune 21, 2009
Domain Age13 years, 7 days, 15 hours, 17 minutes, 26 seconds

Have Faith that Your Lost money can be brought back!

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Note: The Coinone review written above is influenced by the other Coinone reviews already present on the web. We are not liable for any legal action from the Coinone company. In case of any query please mail us at


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