Brief Look at Coinsuper
CoinSuper, founded in 2017 and based in Hong Kong, is facing serious accusations of being a scam. Bloomberg journalists and numerous users have reported that the platform has been blocking withdrawals since November 2021.
Some traders claim to have lost access to their deposits, totaling an estimated $55,000, and have received no response from the exchange or law enforcement. With CoinSuper's daily trading volume at $11 million, the impact of these withdrawal issues could be significant.
Concerns about the exchange's legitimacy are mounting due to its lack of communication and the uncertain stance of Hong Kong authorities. The problems at CoinSuper may prompt stricter regulations on the cryptocurrency market in Hong Kong, one of the few remaining regions in China where digital asset trading is permitted.
The downfall of CoinSuper would be detrimental to the entire centralized exchange industry.
Due to these concerns, the broker has been blacklisted for 2024.
Share your experience
- Best
- Last
- Oldest
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
Articles that may help you
User Satisfaction i