Is CoinsnClub a Good Broker or a Scam?
Trading cryptocurrency is a major trend–we hear about it all over the media. However, it is important to temper your enthusiasm with caution when it comes to brokers who promise much and do little. CoinsnClub is yet another example of a broker that apparently has no license but expects people to sign up and fund a brokerage account with them based on little information. We do not want you to fall into this trap, so we are warning people against working with brokers like this.
We Have Some Concerns with CoinsnClub
CoinsnClub does not show any licensing information. We assume they do not have a license. No regulated broker would keep this information concealed but rather would be eager to prove they are legitimate. We could not find who is behind this broker–who runs it and what their credentials are. We find this lack of information suspicious and a sign that the broker is untrustworthy. Therefore, we would stay away from CoinsnClub.
CoinsnClub Red Flags
- No license
- No transparency
- False claims
- Bad reviews
Lost Money to CoinsnClub? Talk to Us!
Our experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid CoinsnClub and instead find a reliable and licensed broker. If you have lost money to this broker, contact us and we will help you locate your funds.