No Regulation

Score

0123456789.01234567890123456789
/10

Coster

United States

|

2-5 years

Suspicious Regulatory License|

Medium potential risk

https://www.costerexchange.com/

Website

Rating Index
Contact
Coster
+1(607)300-9919
https://www.costerexchange.com/
The WikiBit Score of this exchange is lowered because of too many unresolved complaints!
Influence
E

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

2
Previous Detection 2024-04-19

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

The number of the negative comments received by WikiBit have reached 4 for this Exchange in the past 3 months, please be aware of the risk!

Website

Genealogy

Social Media

Trade Type

Keywords

Time Machine

White Paper

Related Software

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New Arrival

Company Name
Coster
Regulatory Status
No Regulation
Company Abbreviation
Coster
Platform registered country and region
United States
Phone of the company
+1(607)300-9919

User Reviews

More

4 ratings

Participate in evaluation
BIT2488003811
Unable to withdraw and asked for more deposit. Stay away.
2021-09-18 12:15
0
BIT7213950642
Fraud platform.
2021-08-24 13:03
0
BIT7213950642
Fraud platform. A girl called Chen Siqi led me to investment.
2021-07-30 20:32
0
BIT7213950642
It asked for more deposit when withdrawing. Fraud platform. I supposed that the withdrawal could not be done after depositing again.
2021-07-30 20:21
0
Registered Country/Area United States
Founded year 2015
Regulatory Authority Not Regulated
Numbers of Cryptocurrencies Available Over 50
Payment Methods Bank transfer, credit/debit card
Customer Support Phone Call: +1(607)300-9919

Overview of Coster

Coster is a cryptocurrency exchange platform that was founded in 2015 and is registered in the United States. Despite being unregulated by any official authority, it has managed to offer its users a variety of over 50 cryptocurrencies to trade with. The available payment methods include bank transfers and credit/debit cards, which provide flexibility to the users. Another notable aspect of Coster is its customer support, which can be reached via phone call at +1(607)300-9919. However, a significant drawback of Coster is the lack of an official website, which can limit the availability of comprehensive information about its services and operations.

Pros and Cons

Pros Cons
Access to over 50 cryptocurrencies Non-transparent Fees
Limited Information
Unavailable Website
Not Regulated

Pros

  • Access to over 50 cryptocurrencies: Coster provides its users with a wide variety of cryptocurrencies for trading, offering flexibility and a broader scope for investment opportunities.

Cons

  • Non-transparent Fees: Without clear information on its fees, Coster's pricing structure remains an unknown, which can potentially deter users seeking transparency in their financial transactions.

  • Limited Information: The overall lack of detailed information regarding Coster's operations, products or services can create uncertainty and potential risks.

  • Unavailable Website: The absence of an official website is a significant disadvantage as it restricts access to comprehensive information and customer service assistance.

  • Not Regulated: The platform operates without regulatory oversight. This lack of regulation leaves users unprotected, with the company not being held accountable to any recognized financial authority.

Regulatory Authority

Coster is not regulated by any recognized authority. This implies that there is no government or non-government body supervising its operations or looking into matters of fairness, security, or customer grievances. The absence of regulation brings about an increased level of risk, which users must be aware of.

Not Regulated

Security

For Coster, with the non-availability of an official website and being an unregulated platform, the level of security offered is questionable. The lack of clear communication platforms and traceability raises concerns about the protection measures in place to guard against potential cyber threats. Users should, therefore, carefully evaluate these aspects before deciding to trade with Coster.

Security

Cryptocurrencies Available

Coster offers users access to over 50 different cryptocurrencies. This includes popular cryptocurrencies such as Bitcoin, Ethereum, Ripple, and Litecoin, as well as a variety of altcoins. The availability of a diverse range of cryptocurrencies allows users to diversify their portfolios and explore different investment opportunities.

Cryptocurrencies Available

Payment Methods

Coster accepts payment methods such as bank transfer and credit/debit card. The processing time for these payment methods may vary depending on the specific transaction and the corresponding financial institutions involved. It is recommended for users to consult the Coster platform or contact their customer support for more detailed information regarding the processing time of payments.

Payment Methods

Fees

Specific details about Coster's trading fees are not available because it does not have an active official website. The absence of clear and detailed information about its fee structure can be seen as a deterrent because it could imply hidden costs or unfavorable rates for users. It is advised to exercise caution in such circumstances.

People Who May Find Coster Suitable to Use

  • Cryptocurrency enthusiasts looking to trade a diverse range of cryptocurrencies.

  • Users who value telephonic customer support.

  • Users who are comfortable with a platform that operates without regulatory oversight.

  • Users who are comfortable making payments via bank transfers or credit and debit cards.

FAQs

  • Q: How many types of cryptocurrencies does Coster offer for trading?

  • A: Coster offers trading for over 50 types of cryptocurrencies.

  • Q: What payment methods does Coster accept?

  • A: Coster accepts both bank transfers and credit/debit cards.

  • Q: Is Coster a regulated platform?

  • A: No, Coster is not a regulated platform.

  • Q: How to contact Coster's customer support?

  • A: Coster can be reached through a phone call at +1(607)300-9919.

User Review

  • User A: “Coster offers a good range of cryptocurrencies. However, details about their fee structure are unclear, and the lack of a website is quite inconvenient. The platform could be more transparent and user-friendly.”

  • User B: “There's no doubt that the array of cryptocurrencies on Coster is impressive. The phone call support is also a positive. Yet, the absence of regulatory oversight and an official website raises concerns about its credibility and security.”

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.