Coinchange Review / coinchange.io SCAM

The cryptocurrency market has seen its fair share of scams over the years, and it seems like Coinchange.io has joined the list. Coinchange.io is a relatively new player in the market, promising to provide users with a platform to buy, sell, and trade cryptocurrencies with low fees and fast transactions. However, upon closer inspection, it appears that Coinchange.io is nothing more than a fraudulent operation.

The website claims to be based in the United States, but a simple WHOIS search reveals that the domain is registered in the British Virgin Islands, a common haven for offshore companies and scammers. This is already a red flag, as it suggests that the company may be trying to distance itself from legitimate oversight.

The website’s About page touts the company’s mission to “empower individuals with easy access to digital currency,” but it fails to provide any concrete information about the company’s leadership, structure, or actual business model. This lack of transparency is a clear indication that something is amiss.

Moreover, the website’s FAQ section is riddled with half-baked answers that raise more questions than they answer. For instance, the question “What is your business model?” receives the response, “We focus on providing a global access to cryptocurrencies for everyone.” This is not a clear answer, and it seems like the company is deliberately avoiding direct questions.

Coinchange.io’s trading platform is also plagued by issues. The company’s token, known as CCG, is listed on their website as a “widely accepted” cryptocurrency, but it’s not listed on any reputable exchanges, such as CoinMarketCap or Cryptocompare. This means that it’s impossible for users to purchase or sell CCG outside of the Coinchange.io platform.

Furthermore, the company’s trading platform is prone to hacks. Users have reported being able to manipulate the platform, trading currencies with ease, and even transferring funds without authorization. This is a clear indication of a lack of security and a catastrophic failure in the company’s infrastructure.

In addition to these issues, Coinchange.io’s payment processing system is riddled with fraud. The company claims to offer competitive fees, but charges exorbitant amounts for transactions, often different from what was initially quoted. This highlights the company’s lack of transparency and honesty, as well as their willingness to rip off unsuspecting customers.

Finally, the company’s customer support is abysmal. Users complaining about issues with the platform or lost funds are met with radio silence, or worse