Coinall exit scam

[West-wot]

Not sure why my last post got locked - but Coinall is exit scamming

Currently there is 15 + tokens where deposits are not allowed

For example - I own 100k TEM in addition to many other currencies - I was moving them to an offline wallet

However they say its under maintain

Here is an email from coinall

Dear valued customer,

Thank you so much for contacting us, you may refer to the attachment below, the token is currently under wallet maintenance. We sincerely apologies for the inconvenience caused.

However i have done so more digging :

This is the coinall exchange wallet:

https://explorer.temtum.com/address/0361ac903cd264dab19d288204d2cdee731d081c6cda025cd5f2cb7f46562cd301

as you can see they only have 5,968



Lots of tokens have gone from this address to liquid - it looks like coinall have moved tokens to liquid and sold them !


A few weeks ago TEM was doing 1m USD a day in volume - now when you try to API trade there is an attack bot which kills the spread and volume so now it has gone to zero - the exchange knows about this but refuse to do anything about it - this is the exchange !

Try for yourself - look at all the withdrawls that are disabled - they are a scam

I have emailed OKEX and they say they are not involved with coinall and i should email coinall

It has been this way over a month !


I don't know why my previous post was locked - this needs to be seen - People are about to loose tokens

Also this was my trading account before anyone says about leaving the tokens on an exchange

https://www.similarweb.com/website/coinall.com

they have so little web traffic now web trackers do not even list them

[West-wot]

Still nothing ! - support ignoring all emails !

SCAM !

[Danslip]

Did you open a scam accusation? I don't know Coinall has the representative here but it is a bit confusing overall. Why don't you take a screenshot from your account and defend your rights? Maybe you will not recover your funds but at least other traders will be warned about the possible scammers.

[leatutz]

For me coinall exchange never been a smooth exchange. After TEMTUM token listed there, I followed this exchange several times. 100k isn't low amount,  I think you try with low amount. This is a lesson never trust centralized exchange for hold your long time. I think, For big transaction KYC is mandatory in top exchange.

[SirLancelot]

This is very bad. I have never used this coin/exchange before and I only got to know about them after I came across their mobile app on the Google play store; that’s when I did some research and got to know a little about them.

But after I saw this post, I just checked for their app and it happened that they have taken down their app . This is quite suspicious, and if it’s really a scam, I’m sorry because there is no way you will be able to get what you have lost to them or maybe there is, but several cases I have seen as this, the victims were not able to recover their funds. The best you can do is to just post a scam accusation. And then, accusing them is of no need since they have mysteriously disappeared.

[litepool.ru]

I finally see the truth about this exchange. This is a bad exchange and uses a lot of bot trading, you should not use this exchange because you will not be able to make a profit with it. In addition, TEM is also a scam project when they only list at this exchange, they do not intend to list at any other exchange.

[CaVO32]

This is very bad. I have never used this coin/exchange before and I only got to know about them after I came across their mobile app on the Google play store; that’s when I did some research and got to know a little about them.

But after I saw this post, I just checked for their app and it happened that they have taken down their app . This is quite suspicious, and if it’s really a scam, I’m sorry because there is no way you will be able to get what you have lost to them or maybe there is, but several cases I have seen as this, the victims were not able to recover their funds. The best you can do is to just post a scam accusation. And then, accusing them is of no need since they have mysteriously disappeared.

taking down their app is already clear warning that they are about to disappear anytime. their website is still up but I feel sorry for those who have funds that can't get it out from them. really difficult to trust exchanges nowadays. This is another example of not storing your coins in an exchange. Use them for trading but once you are finished, get it out as soon as possible and store it in your own wallet. I think I've seen the OP's thread before so I'm wondering why it is locked.

[killerfrost]

For me coinall exchange never been a smooth exchange. After TEMTUM token listed there, I followed this exchange several times. 100k isn't low amount,  I think you try with low amount. This is a lesson never trust centralized exchange for hold your long time. I think, For big transaction KYC is mandatory in top exchange.

I also like you, didn't know this exchange before until I joined the temtum project. The TEM project was listed at this exchange in 2019 and I have been following it for a long time. But when I went to this exchange, I realized that this was a bullshit exchange, they had no volume and only used bots to fake volume. Stay away from this exchange as far as possible

[Anonylz]

It seems there is a problem with this exchange which they are not telling anyone yet, just like what the op has stated above, the tem withdrawal option has been disabled, even I ask on their telegram but the admin did not give me a satisfactory answer, it will be sad if this exchange will exist scam because they where suppose to have a connection with Okex, this is true because a coinall account details can also be use to login on Okex exchange,
This is why it is shocking that this exchange can do that, and worst thing is tem don't warn people about any possible danger so that users can withdraw their funds.

[carlisle1]

Lesson learn that never trust exchanges that has no Good reputation specially those who are not recognized in this forum because this place is where you can find people using exchange from time to time so the more exposure the exchange from the people happens here.
it is sad that this needs to happen first before realization but things will happen without our permissions .
try to follow what above says that Create Scam accusation though this is late because the apps is going to be dismantle right?

[Yudhisthir]

It seems there is a problem with this exchange which they are not telling anyone yet, just like what the op has stated above, the tem withdrawal option has been disabled, even I ask on their telegram but the admin did not give me a satisfactory answer, it will be sad if this exchange will exist scam because they where suppose to have a connection with Okex, this is true because a coinall account details can also be use to login on Okex exchange,
This is why it is shocking that this exchange can do that, and worst thing is tem don't warn people about any possible danger so that users can withdraw their funds.

Coinall is a Okex strategic partner. Coinall is recognized as first exchange with open partnership program of Okex. It's like Okex is the parent company.
So, there's much more at stake for Coinall to scam users for some dollars. There might be some issues but I believe they'd solve them before it's too late.

[nutriagrigia]

no need to rush to conclusions. Coinall is one of the promising exchanges that has been developing for a very long time. I think that all the technical issues will be resolved. exchanges support do not always respond quickly

[DarkDays]

It's quite commonplace for multiple wallets to be under maintenance simultaneously, particularly when an exchange supports hundreds of assets.

It's also common for transfers to continue moving in and out of the wallet, since some exchanges have different privilages for API users, while some people might continue depositing to their own address since they don't know deposits/withdrawals are temporarily stopped.

If you genuinely think Coinall is running an exit scam, get some proof together and fire it over to some crypto news outlets. I'm sure they'd love to run the story.

[West-wot]

It seems there is a problem with this exchange which they are not telling anyone yet, just like what the op has stated above, the tem withdrawal option has been disabled, even I ask on their telegram but the admin did not give me a satisfactory answer, it will be sad if this exchange will exist scam because they where suppose to have a connection with Okex, this is true because a coinall account details can also be use to login on Okex exchange,
This is why it is shocking that this exchange can do that, and worst thing is tem don't warn people about any possible danger so that users can withdraw their funds.

Coinall is a Okex strategic partner. Coinall is recognized as first exchange with open partnership program of Okex. It's like Okex is the parent company.
So, there's much more at stake for Coinall to scam users for some dollars. There might be some issues but I believe they'd solve them before it's too late.

Okex are no longer a partner - emailed okex support and they said they are nothing to do with coinall

[West-wot]

I finally see the truth about this exchange. This is a bad exchange and uses a lot of bot trading, you should not use this exchange because you will not be able to make a profit with it. In addition, TEM is also a scam project when they only list at this exchange, they do not intend to list at any other exchange.

Tem is on liquid exchange as well

https://blog.liquid.com/introducing-temtum-an-advanced-blockchain-payment-coin?hs_amp=true&__twitter_impression=true

[West-wot]

no need to rush to conclusions. Coinall is one of the promising exchanges that has been developing for a very long time. I think that all the technical issues will be resolved. exchanges support do not always respond quickly

You should check their website monthly visitors if you think this is a promising exchange - they have zero traffic to their site

[DDante]

Coinall is not popular, why use such exchanges that aren't popular? They are very dangerous, popular exchanges are very reliable, I don't know why people don't listen to warnings in crypto space

[Santri]

Coinall is ranked 111 coinmarketcap with a volume of $ 12,698,859. although I did not use this exchange but was quite surprised to hear this news. If it is proven to be a scam, all people who have traded and conducted KYC there will feel worried that their personal data will be misused

[TravelMug]

May I suggest to the OP to open an accusations in this board: Scam Accusations and let's see if they are going to respond from it. Another advantage is that it will have a good exposure in this community and obviously giving everyone a fair warning. You just have to prepare all your proofs, (screenshots, conversations).

If you are going to just post it here, might be buried from the countless threads popping in this board.

[reallester]

Can this be true? I know Coinall as a good exchange. Never knew they could have such a scam intention. What a sad thing to do. However, it has always been against advice to trust these centralized exchanges. As good and promising as any centralized exchange look, do not trust them. Well I do hope the coinall plan exist isn't true.