CoinNexup Review: Scam Or Legit? | Recover Lost Funds

CoinNexup Review: Scam Or Legit? | Recover Lost Funds
Earn your financial freedom with a regulated broker
Is CoinNexup a scam? How to recover funds from CoinNexup? Find the answers to all these questions and more in this guide.


CoinNexup has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Saniea. We’ve received over 3 complaints against CoinNexup. has been identified as a bogus cryptocurrency platform that lacks regulatory control and uses deceptive methods such as phony celebrity endorsements. With no financial authority control, it provides significant risk of loss to investors, making it an untrustworthy company for any bitcoin transactions or investments.

Get Your Money Back From These Scammers!



Key Takeaways

CoinNexup has lost investors thousands of dollars
CoinNexup website owner is anonymous
Vague terms of service

Is CoinNexup Regulated? Do They Have a License? is a cryptocurrency exchange, claiming to provide a wide range of services for buying, selling, and trading various digital assets. The platform claims to support over 500 crypto and fiat currencies and offers a modern trading environment, low transaction costs, and 24-hour customer assistance.

Other touted features include enhanced risk control, hybrid wallet systems, multi-signature technologies, and cutting-edge infrastructure protected by SHA-384 layer encryption. The website also promotes compliance with AUSTRAC and anti-money laundering policies.

CoinNexup Homepage

CoinNexup announces its entry into the Asian market, emphasizing an easy user interface suited for quick trading. It stresses its security standards, claiming to offer completely secure trade and digital asset management.

The lack of regulation or the presence of poor regulation is a huge red flag. It means CoinNexup is a scam and most likely, an illegal operation.

Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.

That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.

In the case of CoinNexup, victims have nowhere to go due to the absence of a watchdog or license.


You should ask yourself the following questions when you come across a new investment firm or opportunity:

  • Does the investment provider maintain transparency about its CEO?
  • Do they have a license from a renowned regulatory authority?
  • If the need arises, can I reach out to an authority to report this company as a scam?


Trading Conditions and Deposit/Withdrawal Methods at CoinNexup

Despite these comprehensive promises, numerous sources and evaluations have identified as involved in fraudulent bitcoin activities. Investigations uncover the use of fraudulent techniques, such as promoting phony cryptocurrency giveaways via deepfake celebrity videos and promising unrealistic investment returns.

The service is accused of luring customers to make bitcoin deposits, resulting in financial losses. Concerns are heightened by reports that the domain was just established and lacks reliable proof of its operations, such as verified payouts or genuine celebrity endorsements.

However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.

They might give you multiple reasons including:

  • A technical error
  • A glitch in their system
  • Banking issues
  • A “hacking attack”

And many others.

But in 9/10 cases, the scammers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.

If you want to get your money back from a scammer, you’d need to file a chargeback.


CoinNexup Customer Service: Do They Handle Complaints Well?

When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.

In the beginning, scammers tend to remain very accessible.

This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.

However, they do all this just to win your trust.

Scammers understand that to convince someone to give them a large sum, they will need to seem like a friend.

Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.

All of a sudden, their numbers would either stop responding or become unavailable.

Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.

However, in the end, customer support won’t resolve your issues and become increasingly unavailable.

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CoinNexup Reviews: What Do Others Say?

It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.

Scammers like CoinNexup tend to purchase fake reviews for their online profiles to make themselves seem more credible.

TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.

That’s why you shouldn’t trust CoinNexup reviews easily.

It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.

In the case of CoinNexup, chances are, you wouldn’t find many legitimate reviews.

Another prominent way scammers like CoinNexup enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.

This way, when you’ll look up “CoinNexup reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising CoinNexup.

CoinNexup reviews coverage

You should always look out for consumer complaints. In the case of CoinNexup, the most common complaints I found were about:

  • Poor customer support
  • Delays in payments
  • High fees
  • Lack of transparency regarding their leadership team
  • Aggressive sales staff

Do you have a similar complaint about CoinNexup? You can share your complaint in the comment section or submit an anonymous tip.


Is CoinNexup Legit Or a Scam?

Individuals interested in cryptocurrency investments should exercise extreme caution, given the significant allegations leveled against CoinNexup.

The platform, despite purporting to provide legitimate exchange services, appears to be part of a scam operation. Potential investors should look for more established and verifiably trustworthy sites when conducting cryptocurrency transactions.


CoinNexup is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.

The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind CoinNexup can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.

The absence of a watchdog also means you cannot report to them to anyone.

Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.

Can You Trust CoinNexup?

The site has been marked for fraud and doesn’t have the necessary licenses from regulators, which suggests it may be running illegal businesses. Since it doesn’t have a regulatory license, it isn’t responsible to any financial body. This makes the risk of loss much higher since there is no way to get it back.

There are also claims that CoinNexup is dishonest, like using deepfake videos for fake endorsements and making false claims about returns. This makes it even less likely that you can trust them with your cryptocurrency trades or investments.

All the evidence suggests that CoinNexup is a scam. If you have lost money to them, there is still a chance you can get it back.

To recover your funds, you’d need to file a chargeback.


Frequently Asked Questions

Is CoinNexup a scam?

According to the online reviews of this company, it’s highly probable that CoinNexup is a scam. You should exercise caution when dealing with them.

Can I withdraw money from CoinNexup?

Yes, you can withdraw your funds from CoinNexup by getting in touch with one of our experts. Get your money back immediately.

Where is CoinNexup Located?

There is no information available on the location of CoinNexup.

How do I get my money back from CoinNexup?

To get your money back from CoinNexup, you can file a chargeback. Learn more here.

How The CoinNexup Online Scam Works

Launch a website/app with a generic name

A website or app with a generic name allows scammers to hide behind common Google search results. Marketing such names is easier as well.

Pay influencers & social media pages to promote the scheme

By getting influencers and social media pages to promote their brand, scammers make their shady company seem more legit than it actually is.

Send thousands of emails and make cold calls to potential victims

It’s common for scammers to buy the contact details of people and spam them through email, phone calls, social media messages and other means.

Make victims feel safe through “small wins”

Such small wins usually include a few payments transferred into the victim’s account. This makes them seem more legitimate.

Convince victims into investing large sums of money

Due to the small wins, the victim is now convinced that the company is legit. Now, the scammers try to manipulate the victim into giving them larger sums.

Disable withdrawals & take down the website/app

Once the scammers have recieved a signicant sum, they either stop responding or cite a technical error to freeze their victims’ funds.

Repeat the cycle

After making the money, the scam will shut down and the people running it will launch another and repeat the cycle.

Get Your Money Back Free consultation
If you’ve lost money with CoinNexup, we can help you get your funds back. Schedule a free consultation with our team of experts and we will have a look.
An expert will get in touch with you within 48 hours.
CoinNexup Review: Scam Or Legit? | Recover Lost Funds
CoinNexup Review: Scam Or Legit? | Recover Lost Funds

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