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Coinlim Review 2023 - Is It Safe?

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Country: Singapore
Launched: 2018
Volume: $ 55,811,473.0
Pairs: 45
Mobile app: iOS, Android
Grade points: 0.00
Expert Review
May 30, 2020

Coinlim is a Singapore-based cryptocurrency exchange that was founded in 2018. It is a relatively new exchange that aims to provide a safe, secure and convenient platform for buying, selling and trading digital assets. The exchange supports a wide range of cryptocurrencies and provides users with an easy-to-use interface, fast deposits and withdrawals, and low trading fees. In this review, we will take an in-depth look at the features, security, customer support, and overall experience of using Coinlim.

Features

Coinlim provides its users with a simple and user-friendly interface. The exchange supports over 100 cryptocurrencies, including Bitcoin, Ethereum, and various altcoins. The exchange allows users to trade cryptocurrencies directly with each other and also provides a range of trading tools and features to help users make informed trading decisions.

The exchange also offers a number of payment options, including credit cards, bank transfers, and other digital wallets. This makes it easy for users to deposit and withdraw funds from their accounts. Additionally, the exchange offers low trading fees, which makes it a cost-effective option for traders.

Security

The security of Coinlim is of the utmost importance, and the exchange takes several measures to ensure that user funds are kept safe. For example, the exchange implements two-factor authentication (2FA) and SSL encryption to protect users' accounts and personal information. Additionally, Coinlim stores the majority of its users' assets in cold storage, which reduces the risk of theft from hacking attacks.

Customer Support

Coinlim offers a range of customer support options to help users with any issues they may encounter. Users can get in touch with the support team via email or by submitting a support ticket through the website. The exchange also provides an extensive FAQ section and knowledge base, which can help users resolve common issues on their own.

Deposite / WIthdraw

The user experience on Coinlim is generally positive. The exchange is easy to navigate, and the trading platform is simple and straightforward to use. Deposits and withdrawals are processed quickly, and the exchange offers a range of payment options to make it easy for users to manage their accounts. Additionally, the low trading fees make it an affordable option for traders.


Overall, Coinlim is a solid option for those looking to trade cryptocurrencies. The exchange offers a user-friendly interface, low trading fees, and a range of payment options. Additionally, the exchange takes security seriously and provides users with a range of customer support options to help with any issues they may encounter. However, as the exchange is relatively new, it may not be suitable for more experienced traders who require a more advanced trading platform.

Our Score
Functionality 4 / 5
Reputation 4 / 5
Security 4 / 5
Support 3 / 5
Fees 3 / 5
Our Score
3.6 / 5
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User reviews
Bill Harvey 11 June 2022
1.0

They have frozen my account. In order to withdraw my BTC they want me to deposit the same amount of funds. Do think they can fool me twice?? Don’t use it

Noel
15 June 2022
Who introduced you to coinlim, was it a message on WhatsApp,
Noel 9 June 2022
1.0

Scam. Do not use. I had 8800 on my account. Tried to withdraw 800 and they emailed me to say I'm money laundering and froze my account. To unfreeze account pay 8800 to verify account and funds will be unfrozen. Avoid at all cost

Mark Menke
7 July 2022
Noel,
Who contacted you on WhatsAPP? Maybe if we expose these people we can help end this scam.
Adam
30 June 2022
Noel same happened to me please contact me af71@btinternet.com
Sep 9 June 2022
1.0

Stay away from this website. Complete scam. They unfreeze your funds and do not allow you to withdraw any of it.
After freezing my fund this is the email they sent me:

Dear Coinlim user:
Hello, your withdrawal request has been rejected by the blockchain node. Due to the inspection of exchange customers by the International Financial Anti-Money Laundering Working Group, your account transactions are abnormal, and you are suspected of assisting or possessing money laundering. The account has been temporarily frozen, please contact online customer service for details!
Coinlim team

Noel
15 June 2022
Who introduced you to coinlim? Was it a WhatsApp conversation,
Richard 29 May 2022
1.0

Did anyone else find a way to unfreeze there account when they withdraw

Sep
9 June 2022
Hi Richard. No
My account has also just been frozen and I have $6K which I cannot do anything with. I guess I have lost it all now

Please let me know if you find a solution
Michael
30 May 2022
Dude, it's complete scam, they would ask for double amount to unfreeze and you would end of loosing all of it, these 5 star reviews are also from the website as it all comes in a same day.
Jake 26 May 2022
5.0

This is a very good platform, no card, process, and very convenient to use

Country: Singapore
Launched: 2018
Volume: $ 55,811,473.0
Pairs: 45
Mobile app: iOS, Android
Grade points: 0.00
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