The Coinlava project positions itself as a platform for secure trading and storage of digital currencies, providing its services to users worldwide. The official website of the exchange, coinlava.com, has a multilingual version, but information about the company's creators remains hidden.
The exchange operates in an anonymous format supposedly since 2018, without disclosing the address of its main office and not providing confirmations of its legal registration. The platform lacks licenses and documents confirming its official status. Users can contact the support team using online chat or by sending an email. Additionally, the site has a section with frequently asked questions (F.A.Q.), where many questions can be answered.
The exchange offers a wide selection of cryptocurrencies for trading and investing. Among them, the following popular assets can be highlighted:
Additionally, for those wishing to receive passive income, there is an opportunity to open a deposit in cryptocurrency. Investors can lend their coins to the exchange and receive interest on the loan amount. The following deposit options are available:
The minimum threshold for investment is not specified.
To start trading, you need to register: enter an email, create a password (at least 8 characters). The intermediary “Coinlava” recommends using 2FA and anti-phishing for security. Verification (KYC) is mandatory, but documents are not specified. Identity verification takes up to 24 hours.
The cryptocurrency trading platform provides its users with the following opportunities:
Available terms for funds placement - 20, 30, 90, 180, and 360 days. The minimum amount for deposit remains confidential.
Trading operation fees on the platform are 0.1%. When using borrowed funds for margin trading, users pay a daily fee of 0.078%.
Demo tokens are available to familiarize with the functionality of trading tools.
The Coinlava cryptocurrency exchange provides the opportunity to conduct operations exclusively with cryptocurrencies. Details about the minimum and maximum limits for transfers are absent. The company informs that withdrawal fees depend on blockchain features and asset rates. The exchange reserves the right to change these fees without prior notice to users. The time for payment operations may vary and take several hours. All financial actions can be tracked in the personal account, in the sections for deposits and withdrawals.
The “Coinlava” platform raises serious concerns due to the lack of information about its registration, licenses, and legal status. In the cryptocurrency exchange ranking, Coinlava occupies low positions, which is associated with the non-transparent structure of the company and the secrecy of its management. The company does not provide documents confirming its official status, and contact information is limited to only an email. Without clear information about the minimum investment amounts and trading conditions, users may face additional risks. It is recommended to study reviews about Coinlava before starting to work with the company to avoid losing your funds.
The shady firm Coinlava lures you in with promises of making a lot of money, but there's no withdrawal here... they convinced me so much that I even considered working with them, but then I saw that there was exactly zero proof on the site...
I was at a crossroads when choosing a crypto exchange to work with, and this platform, coinlava.com, caught my attention. I saw its advertisement on YouTube, and it seemed like everything started well. Despite being a novice in crypto, I quickly figured out this exchange. Plus, there were a lot of positive reviews, so I thought, why not give it a try? The first profit came without problems, and I even relaxed. But when I decided to invest more, that's when they scammed me. It all happened very simply; as soon as I wanted to withdraw money, they started demanding that I deposit more funds under various pretexts like taxes and such. It's just a scam, and I fell for it!
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