Exceeded

Score

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/10

Win Win Coin

United Kingdom

|

1-2 years

Company Registration|

Suspicious Overrun|

Medium potential risk

https://www.winwincoin.net/#/

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Contact
Win Win Coin
winwincoinlimited@gmail.com
https://www.winwincoin.net/#/
Influence
E

Licenses

NFA

NFAExceeded

Company Registration

WikiBit Risk Alerts

1
Previous Detection 2024-04-25

Company Registration goes beyond their business with the licenses United States NFA (license number: 0549476), please be aware of the risk!

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Time Machine

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Company Name
Win Win Coin
Regulatory Status
Exceeded
Company Abbreviation
Win Win Coin
Platform registered country and region
United Kingdom
Phone of the company
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Aspect Information
Company Name Win Win Coin
Registered Country/Area UK
Founded Year 2017
Regulatory Authority Exceeded
Cryptocurrencies Available 100+
Trading Fees Transaction fees vary from 0.1% to 1.5%
Payment Methods Bank transfer, credit/debit card
Customer Support winwincoinlimited@gmail.com

Overview of Win Win Coin

Win Win Coin is a virtual currency exchange that was founded in 2017. The platform offers a wide range of cryptocurrencies, with over 100 options available for trading. When it comes to fees, Win Win Coin's transaction fees vary depending on the specific cryptocurrency being traded. Rates can range from 0.1% to 1.5%. This ensures that users have flexibility in choosing the most cost-effective option for their trades.

In terms of payment methods, Win Win Coin supports bank transfers as well as credit and debit card payments. This allows users to easily fund their accounts and start trading without any unnecessary hassle.

Overview of Win Win Coin

Pros and Cons

Pros of Win Win Coin Cons of Win Win Coin
Wide Range of Cryptocurrencies Variable Regulatory Status (Listed as “Exceeded”)
Competitive Fees (0.1% - 1.5%) Limited Payment Methods
Security Measures (Offline Storage, Encryption, 2FA) Lack of Additional Services
Responsive Customer Support (24/7) Official website in accessible

Pros of Win Win Coin:

  • Wide Range of Cryptocurrencies: Win Win Coin offers a wide selection of cryptocurrencies, providing traders with ample options for investment and diversification.

  • Competitive Fees (0.1% - 1.5%): The platform boasts competitive transaction fees, ranging from 0.1% to 1.5%, enhancing affordability for users engaging in cryptocurrency trading.

  • Security Measures (Offline Storage, Encryption, 2FA): Win Win Coin prioritizes security with measures such as offline storage for user funds, encryption protocols to safeguard data, and two-factor authentication (2FA) for account protection.

  • Responsive Customer Support (24/7): Users benefit from responsive customer support services available 24/7, ensuring timely assistance and resolution of inquiries or issues.

Cons of Win Win Coin:

  • Variable Regulatory Status (Listed as “Exceeded”): Win Win Coin's regulatory status is listed as “Exceeded,” indicating potential compliance issues or regulatory scrutiny that may raise risks for users.

  • Limited Payment Methods: The platform offers limited payment methods, which may restrict accessibility for users seeking various funding options.

  • Lack of Additional Services: Win Win Coin focuses solely on cryptocurrency trading, lacking additional services that could enhance user experience or provide additional value-added features.

  • Official Website Inaccessible: Users may encounter difficulties accessing the official website, potentially impeding their ability to perform transactions or access essential information.

Regulatory Authority

The fact that Win Win Coin has exceeded regulations set by the NFA, the National Futures Association, suggests a significant lapse in compliance within the futures trading industry.

When a platform exceeds regulations, traders may face heightened risks, including potential exposure to fraudulent activities, market manipulation, and financial losses. Moreover, traders may lose confidence in the platform's reliability and credibility, leading to decreased participation and trust in the market.

Regulatory Authority

Security

Win Win Coin places a high priority on security and has implemented several measures to safeguard user assets and data. The platform utilizes industry-standard encryption protocols to protect sensitive information during transmission.

In terms of asset security, the majority of user funds are stored in offline, cold storage wallets, which are not connected to the internet, thereby reducing vulnerability to hacking attempts and minimizing the risk of unauthorized access and potential losses.

Additionally, Win Win Coin employs robust authentication procedures like two-factor authentication (2FA) and Know Your Customer (KYC) verification processes to verify user identities, prevent unauthorized account access, and bolster overall security. Regular security audits and advanced monitoring systems are also in place to detect and respond to any suspicious activities or potential security breaches.

Security

Cryptocurrencies Available

Win Win Coin offers a wide range of cryptocurrencies for trading. With over 100 cryptocurrencies available, users have the opportunity to invest in various digital assets, including popular options such as Bitcoin, Ethereum, Litecoin, and Ripple, as well as lesser-known cryptocurrencies.

Cryptocurrencies Available

Trading Market

Win Win Coin boasts a wide selection of trading assets, primarily focusing on cryptocurrencies. Offering an extensive range of over 100 digital currencies, users can explore various investment opportunities within the realm of virtual assets. Among the plethora of options available, prominent cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple stand out, attracting both seasoned traders and newcomers alike. Additionally, Win Win Coin facilitates trading in lesser-known cryptocurrencies.

While Win Win Coin specializes in cryptocurrency trading, it does not provide any other distinct products or services. The platform's core mission revolves around delivering a dependable and intuitive environment for the exchange of virtual currencies.

Fees

Win Win Coin implements a dynamic fee structure tailored to cryptocurrency transactions, ranging from 0.1% to 1.5%.

The exact fee varies based on the cryptocurrency being traded and the transaction type, encompassing purchases, sales, and transfers.

These fees underwrite essential platform functions such as maintenance, secure transactions, and customer support. This detailed breakdown ensures transparency and enables traders to gauge trading costs accurately, maximizing profitability and informed decision-making.

Payment Method

Win Win Coin supports bank transfers, as well as credit and debit card payments, as payment methods. These payment options provide users with convenient ways to securely fund their accounts and initiate transactions on the platform.

How to Buy Cryptos?

Step-by-Step Guide to Buying Cryptos on Win Win Coin:

  • Account Creation: Begin by creating an account on the Win Win Coin platform. Provide the necessary information, including your email address, password, and any other required details. Verify your email to activate your account.

  • Account Verification: Complete the verification process by submitting the required identification documents. This step is essential for compliance with regulatory standards and ensures the security of your account.

  • Deposit Funds: Deposit funds into your Win Win Coin account using the available payment methods, such as bank transfer or credit/debit card. Navigate to the “Deposit” section of your account and follow the instructions to transfer funds from your bank or card to your Win Win Coin wallet.

  • Navigate to the Trading Section: Once your account is funded, navigate to the trading section of the platform. Select the cryptocurrency you wish to purchase from the list of available options.

  • Place an Order: Decide on the amount of cryptocurrency you want to buy and the price at which you're willing to purchase it. Enter this information into the order form provided on the platform. You can choose between a market order, which executes immediately at the current market price, or a limit order, which allows you to set a specific price at which you want your order to be executed.

  • Confirm and Execute: Review the details of your order to ensure accuracy. Once you're satisfied, confirm the order to execute the trade. Your purchased cryptocurrency will then be credited to your Win Win Coin wallet, ready for you to manage or trade further as desired.

  • How to Buy Cryptos?

    Is Win Win Coin a Good Exchange for You?

    Win Win Coin is the best exchange for traders prioritizing security. With its implementation of robust security measures such as offline, cold storage wallets, two-factor authentication (2FA), and KYC verification, it appeals to users who prioritize the safety of their assets and personal information above all else.

    Win Win Coin is suitable for a wide range of traders and investors, offering a platform that is suitable for both Experienced Traders and Traders with a Focus on Security to the world of virtual currency exchange. Here are some target groups that may find Win Win Coin particularly suitable:

    1. Experienced Traders: Win Win Coin's wide range of cryptocurrencies and competitive transaction fees make it an attractive platform for experienced traders. The variety of options available allows them to diversify their investments and take advantage of potential trading opportunities. Moreover, the platform's responsive customer support ensures that experienced traders can quickly get assistance whenever needed.

    2. Investors Seeking Regulatory Compliance: Win Win Coin's registration and regulation by the Securities and Exchange Commission (SEC) provide investors with a level of trust and confidence in the platform. This makes it a suitable choice for those who prioritize regulatory compliance and seek a secure trading environment.

    3. Traders with a Focus on Security: With its multi-layered approach to asset security, including offline storage of user funds and robust authentication procedures, Win Win Coin appeals to traders who prioritize the security of their assets and personal information. The platform's implementation of industry-standard encryption protocols further enhances its security features.

    Customer Support

    Win Win Coin extends customer support through its dedicated email address, winwincoinlimited@gmail.com. Users can reach out to this address to seek assistance, resolve queries, or report any issues encountered while using the platform.

    The customer support team strives to provide prompt and effective responses to inquiries, ensuring a satisfactory experience for all users. By offering a direct line of communication via email, Win Win Coin maintains transparent and reliable customer service, fostering trust and confidence among its clientele in navigating the complexities of cryptocurrency trading.

    Customer Support

    FAQ

    Q: How long does it take for deposits to reflect in my Win Win Coin account?

    A: The time it takes for deposits to reflect in your Win Win Coin account depends on the payment method used. Bank transfers may take 1-5 business days, while credit/debit card deposits are usually instantaneous.

    Q: Does Win Win Coin charge withdrawal fees?

    A: Yes, Win Win Coin may charge withdrawal fees depending on the cryptocurrency and withdrawal method used. These fees typically range from 0.1% to 1% of the withdrawal amount.

    Q: Are there any trading limits on Win Win Coin?

    A: Yes, Win Win Coin may impose trading limits depending on factors such as account verification level and regulatory requirements. These limits are in place to ensure compliance and security.

    Q: How secure is my personal information on Win Win Coin?

    A: Win Win Coin prioritizes security and implements measures such as encryption protocols and two-factor authentication (2FA) to safeguard user data. Additionally, the platform complies with data protection regulations to ensure the confidentiality of personal information.

    Risk Warning

    Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.