About CoinCryptoWallet
Company Overview
CoinCryptoWallet is a cryptocurrency exchange registered in the United States, with its official domain at coin-crypto.top. The company was founded on March 23, 2023, and lists its registered address as 2810 Henry Ford Avenue, Tulsa, Oklahoma. The exchange positions itself as a platform for spot trading, margin trading, staking, and cryptocurrency loans.
As of the time of this review, CoinCryptoWallet does not hold any regulatory licences from known financial authorities. This absence of regulation is a significant factor for traders to consider, as it means the platform operates without the oversight typical of licensed exchanges. The company's registration in the US does not imply federal or state regulatory approval for its operations.
Services and Offerings
The platform claims to offer a variety of crypto-related services. Spot trading allows users to buy and sell cryptocurrencies at current market prices. Margin trading is also available, enabling traders to borrow funds to increase their position sizes, which amplifies both potential gains and risks. Additionally, CoinCryptoWallet provides staking services, where users can lock up their crypto assets to earn rewards, and cryptocurrency loans, allowing users to borrow against their crypto holdings.
These services are common among many cryptocurrency exchanges, but the lack of regulatory oversight means that the terms, security, and reliability of these offerings are not independently verified. Traders should exercise caution and conduct their own due diligence before engaging with the platform.
Regulatory Status
CoinCryptoWallet is not registered with any major financial regulator such as the US Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC). The company's address in Oklahoma does not appear to be associated with any state-level money transmitter licence or other financial services authorisation.
This lack of regulation means that client funds are not protected by any investor compensation scheme. In the event of disputes, insolvency, or misconduct, users may have limited recourse. The FXCanary scam risk score of 46/100 (Guarded) reflects these concerns, indicating a moderate level of risk.
Target Audience
The platform appears to target cryptocurrency enthusiasts and traders looking for a one-stop shop for trading, staking, and loans. However, the absence of regulation makes it a higher-risk choice, particularly for beginners or those seeking a secure and regulated environment.
Without independent user reviews or a track record, it is difficult to assess the actual user experience. Traders are advised to consider well-established, regulated alternatives for their crypto activities.
Overview compiled by FXCanary from regulatory records and public data. full CoinCryptoWallet review