The cryptocurrency exchange house Coinroom offers exchange services to a variety of cryptocurrencies and enables the exchange between fiat currencies with digital currencies. This exchange had its beginnings since 2016 and allowed purchases and transactions from ATMs throughout Europe, its security has a two-factor authentication system for secure transactions. Despite being an excellent exchange, it closed its ports to users, asking them to withdraw their funds in just one day, returning only incomplete funds to their users.
Coinroom is classified as a scam site for keeping the majority of the funds of the subscribed users, currently the exchange website is closed and without any access. This exchange allowed users to buy and sell digital assets with major fiat currencies such as EUR, PLN, GBP, and USD. But Coinroom has definitively ceased operations and disappeared with the funds of its clients.