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Forex Broker Rating

Coinscobe

Coinscobe

Information about the broker Coinscobe

Rating: 1.5
Jurisdiction: Not mentioned
Regulators: Not mentioned
Foundation date: 2025
Site: https://app.coinscobe.com

Brief informationCoinscobe

The digital exchange Coinscobe is a semi-anonymous platform optimized for mobile devices only. The desktop version appears poorly designed. Its official website app.coinscobe.com provides limited promotional material. Information regarding the project’s jurisdiction, launch date, founders, registration, and regulation is not publicly disclosed.

More details about the company become available only after registration. To sign up, users must provide an account name (likely a username), an invitation code, and create a password.

Coinscobe

Based on available data, Coinscobe offers the ability to trade and exchange popular digital assets on the spot and futures markets, including:

  • BTC;

  • SHIB;

  • ETH;

  • LTC;

  • ADA;

  • ICP;

  • XRP;

  • DOGE;

  • MLN;

  • and others.

No information is provided about additional services or any active referral program.

The platform charges the following fees:

  • 3% for opening a contract trade, and 0% for closing;

  • 1% withdrawal fee;

  • no fees are charged for exchanges or internal account transfers;

  • taker and maker fees are not mentioned.

The platform’s payment policy details remain hidden until an account is created and the user logs in to the Coinscobe exchange dashboard. When attempting to access the "Deposit Funds" section, users are redirected to an online chat with a company manager. The "Withdraw Funds" section is inaccessible until authorization.

The exchange maintains communication with users via online chat only — no other contact information is available.

Due to the lack of documentation and promotional content, user reviews of Coinscobe may be the most helpful resource for learning about the exchange's actual trading conditions.

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Trader Reviews

I’m warning everyone? the exchange app.coinscobe.com is a scam! They took my 4700 ringgit. I made a few trades and tried to withdraw the profit, but my account was immediately blocked under the excuse that I violated the platform's rules!! Of course, the scammers never explained what rules exactly. They just stopped replying to messages!! But I got back at them. I sent in lawyers from https://wa.me/37060076070. Got my money back!

  • 3 weeks ago

What kind of strange international exchange is this that scams only Malaysian citizens?? Seriously, I’ve only seen information about this Coinscobe scammer on local Malaysian forums. It’s an empty shell, cloned without any legal documentation. Who would even fall for something like this??

  • 3 weeks ago

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