CoinCasso Review – Key Features, User-Reviews, and Much More

CoinCasso exchange was registered in Lithuania 6 years ago. Since then, the company has been building quite a solid reputation. Yet, with any investment firm, anything can become a pitfall overnight.

In the case of this firm, numerous negative reviews about its services started piling up. If you believe that’s not a sign to rethink your investment choices, make sure to read this CoinCasso review carefully.

Broker status:	Unregulated crypto exchange
Regulated by:	No regulations
Operating Status:	Active crypto exchange
Known Websites:	https://coincasso.com/
Blacklisted by:	N/A
Owner:	CoinCasso LT UAB
Headquarters Country:	Lithuania
Foundation Year:	2017
Online Trading Platforms:	Web trader
Mobile Trading:	Available (allegedly)
Minimum Deposit:	$1
Deposit Bonus:	No
CFD Trading Option:	No
Crypto Asset Trading:	Available – Ripple, Ethereum, Litecoin
Available Trading Instruments:	Cryptos
Maximum Leverage:	N/A
Islamic Account:	Not available
Free Demo Account:	Not available
Accepts US clients:	US clients are accepted
Global Fraud Protection Experts’ Verdict:	With almost 40% of negative reviews about this exchange, it’s hard to believe they are a reliable option. Therefore, if you experience any issues with them, especially during withdrawals, contact our refund team for a free first consultation.

Is CoinCasso Legit?

Even though crypto transfers are virtually anonymous and hardly traceable, there must be some control over it. Otherwise, numerous illegal activities would happen on a daily basis. Generally, traders mainly trust regulated exchanges. But those often bring higher costs in exchange for security. That’s why many traders opt for unregulated exchanges like CoinCasso.

In fact, the company doesn’t even have low-tier regulations, not to mention the best ones like FCA, CFTC, or ASIC. But without those, there’s no guarantee the company will comply with all of its statements.

Traders Experience

One of the clear signs of the questionable policy is the CoinCasso reviews. There’s an enough amount of comments on Trustpilot currently to get a better picture. In fact, almost 40% out of 128 reviews bring some irregularities about this firm, such as verification issues, poor customer support, withdrawal issues, and many more.

When you see something like this, you should rather sit tight and keep your money safe. Otherwise, you might end up in the same situation. Therefore, if you have a similar issue with the CoinCasso exchange, we suggest you talk to our refund experts as soon as possible.

How Does CoinCasso Work?

Even though the company might appear legit due to its sponsorships, many firms are doing the same. Yet, also doing some shady stuff behind the scenes. All in all, the firm is trying to build credibility with top-notch advertisements. However, their services don’t match that business model.

Obviously, the goal is to invest in cryptos through the CoinCasso crypto exchange. Yet, when you want to get the money out, suddenly, numerous problems occur. Most importantly, there were issues that were not seen during the depositing procedure. If you are also in the same trouble, feel free to contact us for advice.

Who Are CoinCasso Clients?

Since 2017, when the company first started, they have been offering services worldwide. Yet, without any authorization from any of those countries. For instance, there are countries like:

• United States
• Japan
• Poland
• Germany
• Singapore

Regardless of your residence, we encourage you to share your opinion about this firm in the comments below. Ultimately, our team can analyze your case and advise you accordingly. Meanwhile, you may as well read some useful tips in our Group 500 review.

What Are Trading Platforms Available?

Generally, for cryptocurrencies, and especially CoinCasso BTC investments, trusted apps are mandatory. Otherwise, you might forget about proper security and privacy.

In fact, that’s where regulation plays a key role and forces companies to comply with strict security measures. Yet, with the company’s fairly poor web-based platform, it is all questionable.

Is the CoinCasso Mobile Trading App Available?

However, we have to give the company credit for creating a proprietary mobile app, even though the link to it doesn’t work. But we are always checking trusted stores, and the disappointment came quite quickly.

It appears the company’s app has only a bit over 10k downloads, and it’s only available for Android users.

What Financial Instruments Does The Platform Include?

Important to realize is that the company has quite average instruments to offer. In fact, only 12 cryptocurrencies are available, and these are hardly comparable to the ones provided by top-tier exchanges. Some of those are:

• Bitcoin
• Tether
• Swipe
• Serum

Account Types Offered by CoinCasso

Another key disadvantage of this exchange is that all traders have the same conditions. Unfortunately, there are no benefits for traders with higher trading volume or deposits. Instead, there are better fees for the ones staking CCX tokens.

Anyway, you can explore all the features after depositing at least $1. Before we continue exploring all other features, save our Uptown Finance review for later and learn more about investment scams.

Can a Trader Use a CoinCasso Demo Account?

Generally, crypto exchanges rarely offer demo accounts. However, tracking CoinCasso price changes is quite simple.

On top of that, all charting options are imported from TradingView. Therefore, it’s not a big deal to learn all the platform’s simplified functionalities.

CoinCasso Fees, Leverage, and Commission

The company’s general fees are quite high. Regardless of whether you are a maker or taker, you start at 0.25%. As mentioned, only if you have a huge amount of CCX coins staked you can get a bit lower fees.

Still, not the ones comparable to top-tier exchanges’ fees. Unfortunately, the company is charging dynamic and non-transparent withdrawal fees.

Is CoinCasso Withdrawal Possible?

At least on some level, traders might think it’s possible. However, with withdrawal limits and unclear fees, it’s highly probable there will be issues.

In the end, numerous negative comments pointed out CoinCasso scam activities. If that’s not a sign for you to take a break, nothing will be.

What Should I Do If I Have CoinCasso Problem?

For any issues with this firm, your first contact point should be the Lithuanian Central Bank, the country’s main financial regulator. Let them know about your issue, and make sure to be precise.

Also, you can leave a comment below or contact our refund specialists directly. After all, the first consultation is completely free, and there’s nothing to lose. Don’t waste time, and book yours now.