Over-Operation

Score

0123456789.01234567890123456789
/10

CoinW

China Hong Kong

|

5-10 years

MSB License|

Suspicious Overrun|

High potential risk

https://coinw.ai/

Website

Rating Index
Influence

Influence

C

Influence Index NO.1

China 2.39

Better than 99.02% exchange(s)

Biz Area

Search Statistics

Advertising

Social Media Index

The WikiBit Score of this exchange is lowered because of too many unresolved complaints!
Influence
C

Exchange License

FinCEN

FinCENOver-Operation

MSB License

CoinW Exchange Info

More
Company Name
CoinW
Phone of the company
--
Customer Service Email Address
--

WikiBit Risk Alerts

3
Previous Detection 2026-07-01

The number of the negative comments received by WikiBit have reached 24 for this Exchange in the past 3 months, please be aware of the risk and the potential scam!

The number of this Exchange's nagitive field survey reviews has reached 1, please be aware of the risk and the potential scam!

MSB License goes beyond their business with the United States FinCEN license (License No.: 31000175001362), please be aware of the risk!

Website

Relationship Mapping

Social Media

Trade Type

Keywords

Time Machine

White Paper

Related Software

Github

Related Docs

All Corps

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Trading statistics

Influence

Yesterday Vol

7 Days

No data

CoinW User Reviews

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1000+ ratings

Participate in evaluation
GblnHrts99
Beware on Exchange like this don't forget Dyor.
2023-03-19 12:13
0
paunx
I am one of the users whose account was frozen for no reason, very disappointing
2023-03-16 23:45
0
张云597
How fraudulent is Biking? Knowing that I have proposed the address, he will definitely return the same way, withdraw with his own code, and return to the exchange. This is an induced scam
2022-10-08 18:47
0
瀰㭤鲑崊
It has been verified with the risk control department and customer service department that all accounts will be unable to withdraw soon
2022-07-12 16:03
0
BIT3092030144
Today, I bought a dip at 16.05.00 seconds. I saw the opening price of Huobi at 1060 and the opening price of Bing Win at 1062. When I bought it, I saw Bing Win at 60, and then the market price became 1068.2. Give me eight dollars short? Buy it and lose more than 70%! The most important thing is that the price of Binance and Huobi has not reached 1055 in the trend of 05 points! ! ! Your platform 1055 gave me a deal, which caused me to liquidate my position in 13 seconds, and then skyrocketed all the way! Excuse me, the price is completely inconsistent with the price I bought, which caused me to liquidate my position.
2022-06-15 17:10
0
BIT3092030144
Junk platform wins and freezes my account, please don't step on the pit
2022-06-14 14:45
0
BIT3092030144
Freeze my account I make profit. I hope people to avoid it! Take my experience as alert.
2022-06-14 14:44
0
༺࿅࿆ཎཽཾ向錢看ནཽཾ࿅࿆༻
My asset was detained by CoinW over one month for no reason. After submitting all the certification, the customer service keep asking to wait patiently and it is been processed. No one gonna trust this. Some people said that it is unable to withdraw and you must report the police now. Then, negotiate with the platform. Otherwise, your patience allows them to erase all the evidence.
2022-06-13 20:49
0
BIT1669324058
Originally, I was too lazy to say it, but I thought that I should not allowed to harm the compatriots. During the period, I also called the police, and the police said that the overseas server did not matter. The thing is probably like this, I recharged 2000u at the beginning of the month and earned 30,000u in a week. As a result, the withdrawal has never been reviewed. The customer service said that I want to provide the source of funds and ID information, so I can provide it. The email is sent back every 3 days, and this will be for a while. That one never got to the point, and later didn't reply to me at all. I went to the customer service, and the customer service said that I had no authority to manage it, so I continued to send emails. Personal experience, don't be deceived anymore, open your eyes
2022-06-12 18:09
0
小黑28184
If you lose in the short-term, your account will be frozen. If you win a lot, your profits will be deducted. I am not alone in this situation! Everyone pays attention, stay away from this fraud platform, the principal will be deducted!
2022-06-12 17:46
0
张思刚
CoinW focily deducts the u that customer earns. Fraud exchange. Will they compensate the money that customer lose?? How can they forcily deducted money that customer earned???
2022-06-11 19:40
0
BIT1368087692
I deposited at Coin W in July 2021, the account was blocked when the transaction was withdrawn after trading for a month, and the online customer service was asked to first submit a series of certificates, and then ask you to wait patiently, pay attention to the mailbox and will inform you as soon as possible, etc. Liaring nonsense, it will make you wait until you wonder if life has been suspended at a certain moment, and it has been almost a year until today, and I have not recieved any information in the mailbox. I can only say that I was cheated. I deposited with a bank card twice, unsuccessful withdrawal once.
2022-06-04 16:29
0
BIT1368087692
Coinwin has been frequently unable to withdraw cash recently, risk-controlled accounts, if you have escaped, then you are lucky.
2022-05-25 14:05
0
小黑28184
Recently, many people can't withdraw cash, everyone pay attention to the platform of Biying, personality guarantee said this sentence
2022-05-10 11:02
0
绿树王子
Click on the menu of "Making coins" on the platform. It shows following content. I contact the customer service and found that there many many people queuing up. It should happened in lots of users. 404. That’s an error.The requested URL /app/viewRegular?lang=zh_CN was not found on this server. That’s all we know.
2022-05-02 06:56
0
BIT7023334552
I trade for several months, and it suddenly said that I click farm the orders and deduct the commission. This platform's liscence has already expired. Don't trade on this platform, it is too rubbish, and the slippage is huge. Settlement on the hour and no incoming orders
2022-04-29 10:46
0
愈臻
The handling fee is expensive, there is no mannual customer service, and the impression is not good.
2022-03-19 21:16
0
BIT1625885750
Unable to withdraw coins and the customer service cannot be contacted. It has been this state for a long time.
2022-02-11 13:40
0
lgcysysailm
Trash customer service and cannot withdraw. The customer service keep shirking when I ask him
2022-01-15 17:21
0
BIT1657335927
CoinW can only deposit but not withdraw. Be careful guys. Fortunately, I just deposit 100 coins to test. Otherwise, I will be deceived for more.
2021-12-04 09:39
0

View all comments

AspectDetails
Company NameCoinW
Registered Country/AreaChina Hong Kong
Founded Year5-10 years ago
RegulationExceed regulation by FinCEN
Cryptocurrencies AvailableWide variety, over 400 cryptocurrencies
Trading Fees0.2% maker/taker
Payment MethodsWire transfer, Credit card

Overview of CoinW

CoinW, founded in 2017 and based in Seychelles, has become a globally - recognized cryptocurrency exchange, making great progress in the crypto trading field. It offers a wide range of trading services, including spot trading for quick position - taking, margin trading for experienced traders to amplify trading power, and futures trading with various contract types for different risk - tolerances. With over 500 trading pairs covering mainstream and emerging altcoins, it caters to diverse trading needs. Security is emphasized with a multi - layer system, using cold wallet storage for most funds, advanced encryption for data protection, and a real - time risk monitoring system. CoinW has a large global user base and a daily trading volume often exceeding $100 million, having expanded services across multiple regions. Its user - friendly interface, with clear icons and easy - to - use navigation, provides real - time market data and analysis tools. Overall, CoinW is a reliable and feature - packed exchange, popular among crypto traders worldwide for its diverse services, strong security, and user - friendly design.

Overview of CoinW

Pros and Cons

ProsCons
Low trading fees (0.2% maker/taker)Lack of educational resources
Over 400 cryptocurrenciesNo direct customer support channels
Mobile trading app available
Copy trading features supported
Strong security measures
Exceed the regulated by FinCEN

Regulatory Authority

CoinW's regulation status significantly impacts traders on the platform by providing a structured framework that enhances trust and compliance.

With licenses from FinCEN and an MSB license, CoinW adheres to stringent regulatory standards, bolstering its credibility in the cryptocurrency exchange sphere. These licenses ensure that CoinW operates within legal boundaries, fostering a secure environment for traders.

Regulatory Authority

Security

CoinW employs robust security measures including secure wallet storage and implements stringent protocols to safeguard user funds and data. This approach enhances user confidence by prioritizing the protection of assets and ensuring reliable security standards across its platform.

Cryptocurrencies Available

CoinW offers over 400 cryptocurrencies, including prominent cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and numerous others.

Cryptocurrencies Available

Fees

CoinW charges competitive trading fees for both makers and takers at 0.2%.

Maker fees are applied when you add liquidity to the market by placing limit orders that don't execute immediately, while taker fees apply when you remove liquidity by executing market orders or taking already placed orders.

Fees

Payment Method

CoinW offers multiple deposit methods, including Wire Transfer and Credit Card, facilitating convenient funding options for users.

Additionally, withdrawals incur a fee of 0.0005 BTC, ensuring clarity on costs associated with transferring funds out of the platform.

How to Buy Cryptos?

To buy cryptocurrencies on CoinW, follow these steps:

  • Sign In: Log in to your CoinW account. If you haven't registered yet, follow the steps mentioned earlier to create an account.
  • Deposit Funds: Before buying cryptocurrencies, ensure you have funds deposited into your CoinW account. Navigate to the “Deposit” section, choose your preferred deposit method (such as bank transfer or cryptocurrency deposit), and follow the instructions to transfer funds into your CoinW wallet.
  • Navigate to the Trading Section: Once your account is funded, go to the “Markets” or “Trading” section on CoinW. Here, you'll find a list of available cryptocurrencies and trading pairs.
  • Choose the Cryptocurrency: Select the cryptocurrency you want to buy. For example, if you want to buy Bitcoin (BTC), search for BTC in the trading pairs list.
  • Place an Order: Decide whether you want to place a market order (buy at the current market price) or a limit order (set a specific price at which you want to buy). Enter the amount of cryptocurrency you wish to purchase.
  • Review and Confirm: Double-check your order details, including the amount and price, before confirming the purchase.
  • Complete the Purchase: Once you're satisfied with the details, click on “Buy” or “Place Order” to execute your trade.
  • Check Your Balance: After your order is processed, the purchased cryptocurrency will reflect in your CoinW account balance.
  • How to Buy Cryptos?

    Services

    CoinW provides a range of services designed to enhance the trading experience.

    Key offerings include wallet features for secure storage of digital assets, ensuring user funds are protected.

    Additionally, the platform enables copy trading with top traders, allowing users to replicate successful strategies and diversify their investment approaches.

    CoinW APP

    The CoinW mobile app functions as a platform for trading digital assets, offering various order types such as market, limit, and stop orders. It provides real-time market data and advanced trading tools like trailing stops and OCO orders. Additionally, the app includes features to manage and analyze cryptocurrency investments. Users can track portfolio performance, set alerts for price movements, and receive timely notifications.

    To download the CoinW app, visit the official website or app store relevant to your device's operating system, ensuring access to trading tools and investment management capabilities directly from your mobile device.

    CoinW APP

    CoinW's Referral Program

    CoinW's referral program offers lucrative rewards using code “2429312,” granting users potential rewards up to $1,000 USDT. This initiative aims to incentivize new users to join while encouraging active traders with volume-based incentives.

    By leveraging the referral code, beginners benefit from an easy entry into trading on a trusted platform, with rewards that can offset trading fees.

    CoinW's Referral Program

    Is CoinW a Good Exchange for You?

    CoinW is the best exchange for experienced cryptocurrency traders seeking a wide range of over 400 digital assets. Its competitive trading fees of 0.2% and advanced features like copy trading accommodate traders looking to diversify portfolios and capitalize on market opportunities efficiently and effectively.

    CoinW appeals to several target groups:

    • Experienced Traders: Due to its wide range of over 400 cryptocurrencies and competitive trading fees, CoinW can attract experienced traders looking to diversify their portfolios and capitalize on trading opportunities across various digital assets.
    • Tech-Savvy Investors: The availability of a mobile trading app and advanced features like copy trading appeals to tech-savvy investors who prefer flexible and automated trading options. These individuals are likely to appreciate CoinW's user-friendly interface and robust security measures, which are essential for managing and safeguarding their investments effectively.
    • FAQ

      What are CoinW's trading fees?

      CoinW charges a fee of 0.2% for both makers and takers on each transaction.

      How many cryptocurrencies can be traded on CoinW?

      CoinW offers trading options for over 400 cryptocurrencies, providing extensive market coverage.

      Does CoinW have a mobile trading app?

      Yes, CoinW provides a mobile trading app for iOS and Android devices, enabling users to trade on-the-go.

      What security measures does CoinW employ?

      CoinW implements strong security protocols including secure wallet storage and encryption to safeguard user funds and data.

      How can users contact CoinW's customer support?

      Users can reach CoinW's customer support primarily through email, with additional support channels possibly available.