Cryptocurrency Exchanges

CoinW

1.5 (15 reviews)
🇲🇾 Malaysia
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1.5
15 reviews
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About CoinW

CoinW has been flagged by Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Operating a digital asset exchange (DAX) without registration This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Swap rates are predatory

H
Hannah X.
9 months ago

What really bothers me about CoinW is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after hearing about them at a conference and I fell for the polished exterior. Never again.

Pros: Good mobile app|Excellent charting|Reliable uptime|Clean UI

Cons: Search feature is basic|Nothing significant

Platform down more than it is up

V
Vincent B.
10 months ago

The spread at CoinW is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after attending a webinar they hosted and initially thought the platform was good - until I started trading seriously.

Pros: Market news feed|Intuitive for beginners

Cons: No integrated tax optimization

Commission higher than stated

S
Stephanie C.
1 years ago

I have been trying to close my account with CoinW for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Fast execution|Multi-currency support|Quick verification

Cons: Mobile app could be improved

Spread widened during news without notice

R
Robert T.
1 years ago

My withdrawal from CoinW was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since last summer of being strung along.

Pros: Clear documentation|Fast support response|Comprehensive tools

Cons: Could offer more webinars

Something doesn't add up here

J
James P.
1 years ago

I was about to invest with CoinW but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Securities Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Cons: Not registered with regulators|Unrealistic promises