Is this dubious Crypto and Forex trading platform legit? Not really, there are many indications of a cyber scam behind the unpolished website.
We saw that one trader complained about how the Coinoneusvip Scam made his life miserable and immediately decided to write the Coinoneusvip Review. This analysis is a must-read if you are contemplating investing in this fraudulent platform.
No. The Coinoneusvip website has absolutely no information about the company’s license, legal background or physical address. This entity is virtually anonymous and we all know that anonymous websites and platforms equal scams.
Think about it. Your funds could be gone in the morning and all you have to start with is a shady bogus website. For that reason, it is much better to legitimate brokers, exchanges and platforms, i.e. ones regulated by reputable financial market authorities.
Our suggestion is that you find a provider that is licensed by regulators such as the FCA (UK), CFTC (US), ASIC (Australia), BaFin (Germany), CySEC (CySEC), etc. That way, you will get numerous benefits such as negative balance protection, segregated funds, a safe leverage cap (1:30-1:50), and even a compensation scheme (i.g. up to 20,000 EUR).
If you are unsure about a broker or a platform, the natural thing to do would be to check the reviews and experiences of other traders and users. However, in this case, it would be misleading.
“Coinoneusvip made my life miserable. Through a colleague I had deposited a huge sum of money in this company because he had also trusted the company and when I decided to withdraw part, they didn’t tell me anything. It was when I tried again and I could not withdraw anything I knew I had been scammed. I tried reaching out to support but found that there was none… Avoid this platform!”
-Trustpilot user, June 19, 2023.
Coinoneusvip equals withdrawal issues. Just read the complaint we posted. This broker is ruthless and does not care whether the scam will damage the poor unsuspecting trader in the long term.
You would basically be throwing your money away by depositing in this manipulative platform. As soon as you invest funds to trade, your funds ought to be embezzled and you will never be able to withdraw. If that happens, please book a consultation with us, we can help you.
The Coinoneusvip website lists several available trading assets. There are FX major pairs, cryptocurrencies and some CFDs. These instruments can be traded against either the US dollar or US Tether. Although the most popular ones are listed, we do not recommend you trade on this unregulated platform.
Surprisingly, Coinoneusvip provided some legal documentation. There is a Privacy Policy and a Terms of Use document. However, key information such as the company name, physical address, jurisdiction, license, etc. is missing.
Such a lack of transparency is alarming. The registration page also features a verification code that the broker sends via phone message. Do not send your number to this scammer because your inbox will get spammed and especially do not share any personal or finance-related information with Coinoneusvip.
One hundred percent. This platform has been active since April 2023 and a wave of fake positive reviews appeared on the forums just a month later. The main targets of this scam are traders from the US and Thailand.
If you have been defrauded by Coinoneusvip, please book a free consultation with our team. We can help you retrieve your funds via a chargeback process or trace your crypto transaction using CipherTrace.
Book your free consultation today and start the chargeback process.
No. Coinoneusvip is not regulated. This platform is anonymous and cannot be trusted.
This platform is not regulated and is anonymous. It’s an online scam with no trading license or address.
You can contact us for help. We will help you with the chargeback process or get your money back with CipherTrace.
The post Coinoneusvip Review: Coinoneusvip Made A Trader’s Life Miserable appeared first on Global Fraud Protection.
