Coin01 is a cryptocurrency exchange that was founded in 2017. The exchange is headquartered in Hong Kong and offers a variety of features, including spot trading, margin trading, and staking. Coin01 is not licensed or regulated by any financial authority.
Overview, Team, and Mission
Coin01’s website states that the exchange’s mission is to “provide a secure and reliable platform for cryptocurrency trading.” The team behind Coin01 is anonymous, and there is no information available about the exchange’s financial backing.
License and Regulation Status of Coin01
Coin01 is not licensed or regulated by any financial authority. This means that there is no government oversight of the exchange, and there is no guarantee that your funds will be safe if you trade on Coin01.
Warnings Against Coin01
There have been several warnings issued against Coin01 by financial regulators. In 2018, the Financial Conduct Authority (FCA) in the United Kingdom warned investors about Coin01, stating that the exchange was not authorized to operate in the UK. In 2020, the Securities and Exchange Commission (SEC) in the United States issued a similar warning against Coin01.
Currency Pairs Available for Exchange
Coin01 offers a limited number of currency pairs for exchange. The most popular pairs include BTC/USDT, ETH/USDT, and LTC/USDT.
Withdrawal Policy and Method
Coin01’s withdrawal policy is relatively straightforward. You can withdraw your funds to a cryptocurrency wallet or to a bank account. The withdrawal fees vary depending on the currency you are withdrawing.
Previous Traders’ Reviews
The reviews of Coin01 on social media and review websites are mixed. Some users have reported problems with withdrawing their funds, while others have had positive experiences.
Scammed By Coin01? Talk To Our Experts
If you believe that you have been scammed by Coin01, you should contact us immediately. We will analyze your case and will provide you with a free consultation and service recommendations to help you in recovering the lost fund.