Review on Coinnest by Syed Adnan
An exchange that is closed!
It was the fourth biggest digital currency exchange in South Korea. It was the quickest developing crypto exchange with an outstanding exchange volume 2017. Yet, because of certain mistakes of their colleagues and themselves, the exchange couldn't offer service till the end.
But the good thing about Coinnest was that they did not scam users, giving them time to withdraw user funds before shutting down their services and lowering all withdrawal limits so that everyone could get their funds back.
The purpose of writing the review was to let everyone know that this exchange is no longer active because I see that Coinnest still has a good rating. But no one mentions that this Coinnest exchange has closed.
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Pros
- Coinnest stops their service by notifying its users.
Cons
- Their official website is no longer accessible.
- One of their team members went to jail last year for fraud and to pay a huge amount of fine.
- Their own funds were lost for the mistaken airdrop.
