[SCAM Alert] Coinbe

[SCAM Alert] Coinbe Exchange Review

Centralized

[SCAM Alert] Coinbe Exchange Rating Analysis

  • After thoughtful consideration of what we discovered during our Coinbe exchange review, we believe it to be at best a very poorly run exchange with no regard to customer needs and at worst an outright malicious team intentionally trying to steal funds from users. The site itself is very poorly structured, with poor English combined with Polish at some places, preventing users from understanding basic usage of the exchange. The exchange allegedly offers trading cryptocurrency against fiat currencies, namely USD, EUR and PLN, although the process of providing bank account details seems impossible to understand for English speakers and we do not recommend it.

    After minimal analysis it is very clear most trading volume on the exchange is orchestrated by bots and is done to maintain ranking positions, while real users almost do not trade on the exchange at all. It also comes as no surprise the Coinbe team is nowhere to be found on the internet, our attempts to contact their support have failed, and there are reports online that the exchange has stopped honoring funds withdrawal requests, keeping user funds.

    To conclude, Coinbe does not bother to appear legitimate, displays all the wrong practices and we extremely recommend to avoid using the Coinbe exchange or entrusting them with any information or funds.

    [SCAM Alert] Coinbe Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      NaN BTC

      • [SCAM Alert] Coinbe Total Trading Pairs

        N/A

        • [SCAM Alert] Coinbe Margin Trading

          No

          • [SCAM Alert] Coinbe Deposit Fees

            Deposit fees can be found here: https://coinbe.net/strona/oplaty-prowizje

            • [SCAM Alert] Coinbe Trading Fees

              0.1% - 0.3%

              • [SCAM Alert] Coinbe Fiat Deposit

                Yes

                • Accepted Payment Methods

                  Crypto to Crypto, Crypto to FIAT

                  • [SCAM Alert] Coinbe Native Token

                    No

                    • Native Token Smart Contract

                      N/A

                      • [SCAM Alert] Coinbe Trading Markets
                        • [SCAM Alert] Coinbe Stablecoins Trading

                          N/A

                          [SCAM Alert] Coinbe Withdrawals

                          • Daily Withdrawal Limit

                            /

                            • [SCAM Alert] Coinbe Withdrawal Fees

                              BTC - 0.0005 BTC BCH - 0.001 BCH ETH - 0.005 ETH Full list of fees can be found here

                              • [SCAM Alert] Coinbe Withdrawal Fees Discount

                                Lower fees for higher monthly trading volume. Details can be found here

                                • Proof of Reserves

                                  N/A

                                  [SCAM Alert] Coinbe Overview

                                  • Coinbe is a cryptocurrency exchange that seems to be based in Poland with a strong focus on Poland, although the Coinbe website is available in both English and Polish.

                                    A Coinbe exchange review reveals that the platform has a flat trading fee of 0.30%, which is slightly above the global industry average of 0.25%. The withdrawal fee is 0.0005 BTC however, as of April 2019 few users have been denied their request to withdraw their funds, which puts the user at risk when using this exchange and critically lowers the exchange’s reputation on security. Even though Coinbe claims to keep all funds in cold storage, as well as utilize a two-factor authentication system, which should be a strong feature for a well-equipped technology system in an exchange, recent complaints and experiences have all pointed to a direction suggesting that the platform isn’t quite secure and that there could be a risk in using it.

                                    [SCAM Alert] Coinbe Exchange Additional Information

                                      • [SCAM Alert] Coinbe Headquarters

                                        Poland

                                        • [SCAM Alert] Coinbe Establish Date

                                          2017