Review on Coinomat EUR by Japheth Ayuba
Coinomat EUR card is not available
After experiencing a severe transgression on its security system, funds stored by Coinomat were lost and a host of situations played along leading to the subsequent closure of the platform and the end of its service provision to the Coinomat EUR card. The platform really had it going as it experienced a lot of downfall and dwindling number of user base, it banking partners associated with the Coinomat platform also stopped providing services to the EUR card provided by Coinomat.
The only thing I really liked about the platform was it's resilience to making sure the unfortunate incident that happened does not in any major way affect it's subscribing customers by initiating a full refund to everyone who made use of Coinomat for their crypto card needs. As for such, users are advised to contact the company support team to lay claim of their money being held on the platform
Pros
- Coinomat promises a refund for all of its customers who got affected by it's security violation
Cons
- It's wallet services for the EUR card has been discontinued
- The platform experienced a hack which led to loss of funds
- Banking partners of the Coinomat platform has stopped providing services to the EUR card
