Coinall exit scam

[West-wot]

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.

When asked if they have the funds ....


Dear Valued Customer,

Thank you for your reply. We are sorry that we are unable to provide this information. Please feel free to contact us again if you have further queries. Have a nice day.


If anyone doubts this claim - email their support and ask them - not just about tem - there is about 15 other currencies this is currently effecting!

Some wallets been unable to withdraw for the last 3 months

[Anonylz]

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

It is not about being a popular exchange but about being credible and trustworthy, before now, coinall was a decent exchange even it is not very popular among crypto communities, and being in partner with Okex exchange gave them some level of trust since Okex is one of very known exchange,  although, it is difficult to really consider it a scam attempt but not saying anything makes them look suspicious, I guess it is same behaviour with any exchange who wants to exit scam.

[maxreish]

And I was planning to try thay Coinall exchange before. If this is the case, affecting the performance of their exchange which will also decrease it's potential use, then we can't even trust this kind of exchange.  We are risking our funds, we only wanted the guarantee and security of our funds with legitimate withdrawals. Hope they may clear this issue up.

[FrozenBit]

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.

When asked if they have the funds ....


Dear Valued Customer,

Thank you for your reply. We are sorry that we are unable to provide this information. Please feel free to contact us again if you have further queries. Have a nice day.


If anyone doubts this claim - email their support and ask them - not just about tem - there is about 15 other currencies this is currently effecting!

Some wallets been unable to withdraw for the last 3 months

They look like BCNEX, another scam exchange is like coinall. They have stopped withdrawing money since the beginning of 2020 and now they have exit scam, so I believe coinall will be the same. Hope you can withdraw your money from this exchange, but I think the chances will be very low

[thiscomm]

in my opinion we need to look at previous events when hacking of crypto assets that occur so much on exchanges such as binance. I mean when at that time a good exchange like binance can experience hacking, especially with this one exchange. and look at sentences from developers like that I make sure that it is a scam. because that is their only reason to flee the assets that you simulate and then disappear for as long without news and a sinking website.

[natefielding]

I didnt want to trust this at all. from the very start

[litepool.ru]

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

It is not about being a popular exchange but about being credible and trustworthy, before now, coinall was a decent exchange even it is not very popular among crypto communities, and being in partner with Okex exchange gave them some level of trust since Okex is one of very known exchange,  although, it is difficult to really consider it a scam attempt but not saying anything makes them look suspicious, I guess it is same behaviour with any exchange who wants to exit scam.

They have never been a reliable exchange in this market, they are Okex's partners but their exchange is a lot smaller than OKex. I have used this exchange several times but to be honest this is the most shit exchange I have ever used. Most trading pairs use bot trading to fake volume

[voteformeg]

i hope that you are not right about this , i participated some time ago in the TEM signature bounty , and after that i choose to double the reward by locking them , so this year they should send around 1200$ worth of TEM to the Coinall exchange , which i doubt anyway

[meanwords]

i hope that you are not right about this , i participated some time ago in the TEM signature bounty , and after that i choose to double the reward by locking them , so this year they should send around 1200$ worth of TEM to the coinall exchange

That's really a lot of money that is at stake here. If by chance that this exchange is exit scamming, then there's a possibility that another dump would happen just like what happened last month. But I doubt it would happen soon. Let's anticipate this thread for now and we might learn something that would help us decide in the upcoming months. Who knows, this might be the next plustoken scam dump.

[bussybuddy]

i hope that you are not right about this , i participated some time ago in the TEM signature bounty , and after that i choose to double the reward by locking them , so this year they should send around 1200$ worth of TEM to the Coinall exchange , which i doubt anyway

It is a good choice for the TEM campaign. Its price remains stable from last year until the present. But now coinall is having some problems, they have blocked most withdrawals at the exchange and TEM is also affected, hopefully they can fix as soon as possible.

[BlacksmithCorporation]

Is there a misunderstanding here? Coinall is an exchange associated with Okex exchange, you can even use Okex's account to log in to Coinall. If coinall is really scam I would be very worried about my Okex account, I hope not because Okex is a big exchange.

[Divinespark]

Is there a misunderstanding here? Coinall is an exchange associated with Okex exchange, you can even use Okex's account to log in to Coinall. If coinall is really scam I would be very worried about my Okex account, I hope not because Okex is a big exchange.

You are right, we can use Coinall account to login to OKex. But what confused me was that OP sent an email to OKex, and Okex answered that they had nothing to do with Coinall. There is something shady here that makes us worry about this exchange

[inoes]

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.

this is a wise solution. because in Cryptocurrency the amount of coins in the wallet is very difficult to manipulate, but if it has coupled an Exchange, then the loss of assets can be a result of hacking. I'm afraid your account has been hacked. Because coinall is a standard exchange that has been widely used and the type of coins you store is a new type of coin. So maybe there is a little technical error here.

[West-wot]

Now ignoring emails !

Stay away from coinall and remove coins ASAP - I notice the number of tokens you cannot withdraw from has increased !

How can we get this news out so others do not get scammed

[shoreno]

Is there a misunderstanding here? Coinall is an exchange associated with Okex exchange, you can even use Okex's account to log in to Coinall. If coinall is really scam I would be very worried about my Okex account, I hope not because Okex is a big exchange.

You are right, we can use Coinall account to login to OKex. But what confused me was that OP sent an email to OKex, and Okex answered that they had nothing to do with Coinall. There is something shady here that makes us worry about this exchange

indeed there is something isnt right on here   . how the heck he can even use okex credentials on coinall when okex said they arent related  ?  or maybe he only use same login details on both exchanges  ( same register details  )    . 

okex is a known exchange so far but i dont know bout this coinall   . better if we not fully give our trust until accusiations have been cleared out     .  this reminds me of other new exchanges that appear lately and users were also accusing them for possible fraud  .

[West-wot]

Okex used to own coinall - now when you email okex support they tell you they are not coinall and to contact them direct

Simple way to prove these claims - log into to coinall and see all the wallets which have been banned from withdrawing

Email coinall and they say it’s just maintainace - maintaince for 7 weeks now

If you guys can’t be bothered to check these claims don’t post when you get scammed

[nicedreams]

Okex used to own coinall - now when you email okex support they tell you they are not coinall and to contact them direct

Simple way to prove these claims - log into to coinall and see all the wallets which have been banned from withdrawing

Email coinall and they say it’s just maintainace - maintaince for 7 weeks now

If you guys can’t be bothered to check these claims don’t post when you get scammed

Wow, that's really bullshit. All wallets out of maintenance for 7 weeks just like that without a single reason? This is why I have a cynical view toward big exchange 'little project' because they just ride on big name and can easily pull out, wash their hand with lousy excuse 'we don't own that project anymore'.

[kceekcee]

There are alot of exit scam in the crypto space, and none should atleast be new to us.
It is up to all of us to be careful and never store our wealths on crypto currency exchanges.

[Lasky366]

This is been really worst experience from top exchange like coinall.There are a lot of exit scam nowadays in crypto industry I think it's one of them. Sorry to see this from you.By the way for me if you wanna store your bigger fund you must store them an offline wallet or even if you going to withdraw your money which is quiet heavy amount must complete kyc then withdraw. It's also another lesson for all.

[seleme]

Okex used to own coinall - now when you email okex support they tell you they are not coinall and to contact them direct

Simple way to prove these claims - log into to coinall and see all the wallets which have been banned from withdrawing

Email coinall and they say it’s just maintainace - maintaince for 7 weeks now

If you guys can’t be bothered to check these claims don’t post when you get scammed

Wow, that's really bullshit. All wallets out of maintenance for 7 weeks just like that without a single reason? This is why I have a cynical view toward big exchange 'little project' because they just ride on big name and can easily pull out, wash their hand with lousy excuse 'we don't own that project anymore'.

Really wow. Such big maintenance looks similar to the case of Livecoin maintenance. The Livecoin team has decided to temporarily suspend the wallet of X coin and their forum account has been painted to red by the DT. The similar patterns lead to the same destination, unfortunately.