Coinlink Exchange has been flagged by Bank of Lithuania for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Coinlink Exchange locked my account without warning and demanded documents I had already submitted. for over a year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Clean UI|No hidden fees
Cons: Email notifications too frequent|Limited demo account features
For anyone considering Coinlink Exchange, please be aware that this company has been flagged by Bank of Lithuania. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I wanted to transfer my portfolio from another broker to Coinlink Exchange. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Multi-device support|Educational resources|Detailed reporting|Automated trading options
Cons: Cannot customize dashboard fully|Spreads widen during volatile periods
Do not use Coinlink Exchange for anything serious. I used them since I opened my account last year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Social trading features|Helpful community forum
Cons: Onboarding videos are outdated