Coinfield.com is a cryptocurrency trading platform that claims to offer a wide range of trading services for traders looking to invest in cryptocurrencies. However, there have been a lot of concerns raised by users regarding the legitimacy of the platform. In this article, we will review Coinfield.com and provide an overview of the platform’s features, its level of regulation, and user feedback.
Overview
Here is an overview of some of the key features of Coinfield.com:
Features | Details |
Trading pairs | 40+ |
Minimum deposit | 100 EUR |
Trading Fees | 0.20% to 0.05% depending on the trading volume |
Trading Platform | Web and Mobile |
Customer Support | Email, Live Chat, and Phone support |
Is Coinfield.com Regulated?
Coinfield.com claims to be regulated by Estonian Jurisdiction and British Virginia Island Jurisdiction. One thing to note, these two authorizations are not globally granted and these are renowned for scammer authorization, cause getting these authorizations are too easy and don’t need much documentation.
In BVI, they are registered under the name of another company and they have different addresses. If they are authentic, they should register their company under the same name. This is a classic example of scam.
Warnings from Financial Regulations
Coinfield.com has been flagged as a potential scam by several financial regulators, including the Canadian Securities Administrators (CSA). The CSA issued a warning to investors in 2020, advising them to exercise caution when using Coinfield.com due to its unregulated status.
Is Coinfield.com Can Be Trusted?
Given the platform’s lack of regulation and warnings from financial regulators, it is difficult to say whether Coinfield.com can be trusted. However, there have been several user complaints regarding the platform’s customer service and withdrawal process.
What Kind of Currency Pair Do They Offer?
Coinfield.com offers over 40 trading pairs, including Bitcoin, Ethereum, Litecoin, and XRP. The platform also offers to trade in fiat currencies such as USD, EUR, and CAD.
Customer Support
Coinfield.com offers customer support via email, live chat, and phone support. However, there have been several user complaints regarding the platform’s customer service, with many users reporting slow response times and unhelpful support staff.
Trading Method (MT4/MT5/Any other method)
Coinfield.com offers a web-based trading platform that allows users to trade cryptocurrencies and fiat currencies. The platform does not offer support for popular trading platforms such as MetaTrader 4 or MetaTrader 5.
What Do Traders Think About Coinfield.com?
There are mixed reviews regarding Coinfield.com. While some users have reported positive experiences with the platform, many others have reported issues with the platform’s customer service and withdrawal process. Additionally, warnings from financial regulators have raised concerns about the legitimacy of the platform.
What To Do If You Get Scammed?
If you believe that you have been scammed by Coinfield.com, you should contact your bank or financial institution immediately. You should also report the incident to the appropriate financial regulator in your jurisdiction.
You can also submit a report to us. We will analyze the case and will provide you with a free consultation and service recommendations to help you in recovering the lost funds.
If you face scammed and lost money to companies like Bitcluxury, Cryptopia, or LNAV, please report it today by bellow form.
File A Complaint & Get Free Consultation
Final Thoughts
Based on our review, it is difficult to recommend Coinfield.com as a reliable trading platform. The platform’s lack of regulation and warnings from financial regulators are concerning, and there have been several user complaints regarding the platform’s customer service and withdrawal process. Traders looking to invest in cryptocurrencies should exercise caution when using unregulated platforms and consider using a regulated platform with a proven track record.
