Coinstar Review- Is Coinstar scam or legit?

Are you planning to trade with Coinstar broker? Or you have already invested money and want to know that Coinstar is legit or scam? Read this Coinstar Review written by Scam Helpers’ experts.

Coinstar is an online trading platform that claims to be a reliable and legitimate broker. The website of the company can be found at https://www.coinstar.com/. The company can be located at 330 120th Ave NE, Bellevue, WA 98005. They can be contacted by phone at (800) 928-2274 or by email at newclients@coinstar.com.

They claim to offer several cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), USD Coin (USDC), Chainlink (LINK), Polygon (MATIC), and Stellar (XLM). At first glance, the Coinstar website looks acceptable, but after research, we find that this broker is not safe for trading. Read this complete Coinstar review to learn more about the Coinstar scam and scam broker.

Website: https://www.coinstar.com/

Address: 330 120th Ave NE, Bellevue, WA 98005

Warning: Not Recommended By Review Website Like Scam Helpers

Regulated? Unregulated

Table of Contents

Coinstar Regulation

Coinstar LLC makes several claims and offers that make it look legit and trustworthy, but the fact is that they are an unregulated scam broker. However, we have discovered numerous indications that the Coinstar broker may be a scam broker; thus, we decided to add this broker to our list of scam brokers for 2023. Before trading, you should also review the forex fraud list and the cryptocurrency scam list. Visit the broker’s website to see if they are regulated or not in order to avoid scam brokers.

Coinstar does not provide any regulated license. They are not recognized financial authorities like the Cyprus Securities and Exchange Commission, the Australian Securities and Investments Commission, or the UK’s Financial Conduct Authority (FCA). These facts show that Coinstar is an unlicensed, offshore organization with a spotty reputation.

Customer Review and Complaints

Reading user reviews and complaints is crucial when choosing an online trading platform. Coinstar received poor ratings and scathing reviews on other review websites. They also have a low trust rating on trustpilot.com. We concluded that this broker is not genuine and may be a potential scam broker after reading this review and all the positive and negative Coinstar reviews.

How does the Coinstar scam work?

Scam brokers use social media platforms and online marketing to find victims. They trick you by presenting you with lucrative offers and bargains that are so irresistible that can’t help but take advantage of them. When you click on these deceptive adverts, scam brokers immediately get in touch with you and demand an upfront payment. These tricks constantly work on inexperienced and ignorant investors.

Some people make a replica of a real broker’s website to attract more clients. Then, in return for a large amount, they guarantee that you will make a sizable profit. When you try to withdraw your money, however, you will subsequently realise that you are a victim of a dubious broker and that crooks have taken all of your money.

Conclusion

We never recommend Coinstar LLC broker because they may be involved in online scam schemes. It is preferable to avoid unnecessary risk, and it is also crucial to respond to fraud with the appropriate response. You could file a chargeback for fund recovery if you were a victim of a Coinstar broker. On our website, we offer a complaint form that will assist you in the fund recovery process. Along the way, a complimentary consultation is also offered by our professionals.