In this review, we will describe why your funds are not safe with Coincea.
Is Coincea Legit ?
Coincea is an offshore exchange. Problem with offshore exchanges is that they are not reliable and abuse the regulations. Make sure to stay away from this exchange as they are anonymous and that they can disappear any time without notice.
To make sure you are dealing with a regulated and known exchange, you should be able to find easily who is the CEO of this exchange firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why your funds are not safe with Coincea.
Are Funds Safe with Coincea ?
With such lack of information and Coincea being offshore, funds are not safe. Security of funds is a huge problem with offshore exchanges. A red flag that we noticed is Coincea is withholding vital information to users.
Coincea could go bankrupt from one day to another since there are no banking information about this exchange.
Coincea Review: our Conclusion!
Coincea is an offshore exchange. If you have been scammed, check out our ChargeBack process here or get a Free Consultation by a team of expert by clicking here.