Coinpalm.com Review – Is There Anything That Could Go Wrong?

In the first place, the Coinpalm exchange does not reveal any ownership details. However, through their T&Cs they reveal their other brand called DGDMX. Not something you want to see in a crypto world, especially when the company promotes itself as the #1 crypto management platform.

Yet, this company has two. What a nonsense. But there are many more to come in this detailed Coinpalm.com review.

Legal Info: Is Coinpalm.com Legit Or A Scam?

Besides their two brands scamming on multiple fronts, none of those are regulated. If you didn’t know, legitimate crypto exchanges have nowadays Digital Asset Service Provider (DASP) licenses. This brings a bit of comfort into your everyday trading knowing there is someone monitoring the company.

Yet, crypto exchanges remain very risky due to anonymous and hardly traceable transfers. That’s why you need to choose yours wisely.

Who Are Coinpalm.com’s Clients?

According to the who.is, their domain was registered in 2014. However, the company is not listed in any register as a trusted crypto provider. For the time given, they were mainly scamming customers from: 

• United States
• Brazil
• Philippines

If you were also their victim, our refund specialists are available to guide you through the fund’s recovery process. Book your meeting already today.s

Traders Experiences

One of the biggest warning signs is that people are talking negatively about the company. Yes, on Trustpilot there is only 1 comment, but take a look at Reddit. So, if you were still thinking of investing with this exchange, you might take a breath before doing it.

To learn all the tricks scam companies are using, we also recommend you read our EuroPrime review. Also, if you were targeted by any of those, don’t hesitate to contact us for advice.

Investment Costs With Coinpalm.com

Important to realize is that the Coinpalm company doesn’t reveal any fees. That’s not a sign of the world’s leading crypto exchange. 

Yet, they expect you to trust them with your hard-earned money. To make everything even worse, the company doesn’t allow you to access anything on their website without registration.

Bonuses

On the positive side, bonus offers are not the part of Coinpalm deal. Yet, you should keep in mind that nobody gives free money. Especially not in the investing world. Therefore, if you get any bonus, read the bonus policy first before accepting any.

Coinpalm.com Trading Features

All trading features of this company remain mysterious, primarily due to restrictions for non-registered visitors of the coinpalm.com website. Even though they claim to offer copy trading services, don’t bite it. Most likely, that’s all fake like the whole company.

Is Coinpalm.com Legit?

Not at all. Firstly, the company is completely anonymous and their trading conditions don’t exist. But even if they do, would be fictive. 

Secondly, this exchange is not licensed by any authority, not to mention trusted ones. Above all, there are numerous negative comments about the company.

Available Trading Assets

All the tradeable assets with this exchange are imaginary. Since the company offers a web-based platform, they can create anything they want. But if we assume there is anything real, they would offer: 

• BTC/USDT
• XRP/USDT
• EOS/USDT
• BWO/USDT + many more

Account Types

Another key fact is that this exchange doesn’t give you any benefits for trading more. Generally speaking, once you start depositing more and having a bigger trading volume, you deserve better conditions.

But that’s not the case with this exchange. Thus, be aware that account types can only be tricks sometimes to get you deposit more funds. A great example is shown in our BoldPrime Broker review.

Mobile Trading App

As can be seen, the company advertises iOS and Android apps. However, you are downloading their version of it. Which is not available on any trusted store. Considering their anonymity level, you should rethink about that move.

Demo Account

Without transparent access to the trading platform, we didn’t expect a demo either. So, you can deposit and risk your funds or choose another exchange. Ultimately, the choice is yours. Just don’t say that you weren’t warned.

Education

Of course, scam exchanges won’t offer you any kind of education. They want you to blindly trust their so-called professional decisions. Therefore, we suggest you learn about crypto before investing. For those purposes, you don’t even need a company.

Coinpalm.com Withdrawal

Another huge warning sign is the missing withdrawal policy. But even if they had any, without regulation back-up, that’s completely irrelevant.

Anyway, the company doesn’t share any withdrawal fees, methods or processing time. Hopefully, you learned how to recognize swindlers and what your next move should be.

Customer Support

The Coinpalm presentation shows that their customer support is available 24/7. Thus, for contact options, they only offer e-mail and online chat. But if you were expecting a phone number or physical address, you are looking at the wrong place. In general, you can’t expect a scam company to expose itself directly.

Key Information To Consider About Coinpalm.com?

In the first place, they are operating without any authorization. Secondly, they are hiding their software, trading conditions and withdrawal policy. Therefore, everything looks designed for fraud. If you experienced anything that looks like a fraud, feel free to contact us.

Our refund specialists and CipehrTrace technology could be the key to getting your funds back. But you have to decide if you will forget about your money or do something about it. We are available and offer the first consultation for free! Book yours now!

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