Private Coin (privatecoin.net) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 456 High Street Kensington London SW7 3AA United Kingdom This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: app.privatecoin.net.
The onboarding at Private Coin (privatecoin.net) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Dividend tracking|Full transparency|Customizable dashboard
Cons: No live chat on mobile|Search feature is basic
Customer support at Private Coin (privatecoin.net) seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Clean UI|Professional team|Smooth onboarding|Market news feed
Cons: Search feature is basic
I have been trying to close my account with Private Coin (privatecoin.net) 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: Reliable uptime|Automated trading options|Easy withdrawals|Multi-device support
Cons: Would like more payment methods
My withdrawal request from Private Coin (privatecoin.net) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Intuitive for beginners|Fast execution|Helpful community forum
Cons: Charting tools need more indicators|Onboarding videos are outdated
Opened my account with Private Coin (privatecoin.net) after seeing their ad online and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Professional team|Fast support response|Dividend tracking|Clean UI
Cons: Spreads widen during volatile periods
Private Coin (privatecoin.net) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Regular platform improvements|Social trading features|Risk management tools|API access
Cons: Wait times can be long during peak hours