Brief informationCoinstrade
The global digital exchange Coinstrade claims to be a platform with secure funds management and a professional team of managers and developers. The company claims to have representative offices in the USA, South Korea, Malaysia, Singapore and Japan. However, the official website coinstrade.vip does not contain information about the platform's headquarters and the date of entry into the market. Also, no information about licenses and financial regulators was found. The only available document is the Terms of Use.
When registering, you must provide an email, a password with confirmation and an invitation code. Without an account, the user will not be able to study the company's offer in detail — when going to any section, the participant is redirected to the registration page.
To communicate with support, the Coinstrade exchange provides a contact in Telegram t.me/TradingPersonne.
The platform offers:
exchange coins and tokens;
make deals on the spot market;
trade futures with leverage.
At the same time, the coinstrade.vip exchange does not disclose the terms of work. However, the company advertises a list of traded digital assets:
IOTA;
BCH;
SNT;
XRP;
TRB;
EOS;
ETC;
ETH;
NEO;
BTC;
LTC.
Speaking about the security of funds, the platform reports the presence of a comprehensive risk control system and an anti-theft system. The Coinstrade exchange claims that it stores client funds in hot and cold wallets and uses a multi-signature system. At the same time, it does not publish public addresses of offline storages and the percentage of distribution of funds. There is also no security documentation.
The coinstrade.vip exchange claims that its mobile application supports all the necessary functions and is available for Android and iOS devices. However, the links for downloading the program are inactive.
In the terms of replenishing an account and withdrawing money, Coinstrade states that transactions take no more than 3 minutes. However, the methods of mutual settlements, commissions and restrictions are not specified. The coinstrade.vip personal account may contain this information. You can also consult with support.
Before starting cooperation, it is important to study the company's reputation. Reviews of Coinstrade will help you assess possible investment risks.
