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Özgün A photo
İstanbul
1 Level
754 Review
1052 Karma

Review on Coinrail by Özgün A

Revainrating 1 out of 5

One more of the fraudulent exchanges

Coinrail is a South Korea-based cryptocurrency exchange platform using blockchain technology. It pays particular attention to its far east users. The number of users is small. There is no language variety.
The history of the Coinrail exchange has been associated with fraud. After this incident, the security level of the Coinrail exchange was tried to be improved, they developed some special encryption procedures against hackers.
The trading volume of the Coinrail exchange is low. There are few cryptocurrency pairs, there are generally Bitcoin trading pairs.
Identity verification is not mandatory on the Coinrail exchange, but you must perform identity verification in order to benefit from all its services.
I could not connect or find the live support service on the Coinrail exchange, but you can reach them via email. These are all I used while the stock market is open, but the exchange is currently out of service.
Coinrail exchange is currently unavailable. No one knows what the problem is, and there are no explanations from the stock market developers. Many users' assets remained in the exchange. Many crypto exchanges have started to close and millions of users are losing assets. Hold very small funds in these small exchanges.
img 1 attached to Coinrail review by Özgün A



Pros
  • Altcoin variety
Cons
  • Many users lost their funds in 2018
  • This exchange has no good history
  • Exchange is no longer available
  • There were no language options
  • It was an exchange focusing on Korea

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