Celer Coin: company reviews in 2022
Celer Coin: real reviews about the company’s work in 2022
The company Celer Coin strives to gain the trust of traders, claiming to keep up with the times and offering a wide range of assets, including cryptocurrencies. New reviews about the broker are just starting to appear, and some of them raise concerns. Traders accuse the company of financial manipulations, considering it another offshore “kitchen.” We decided to conduct an independent verification of the organization, examining the legal basis and commercial offer to help you make an informed choice.
Main information about Celer Coin
Celer Coin claims to have traders with 15 years of experience behind the company, but does not provide names. The website also states that the company has been in existence since 2021, but a check of the history of the celercoin.com domain showed otherwise. The site was launched in 2018 and belonged to the Chinese company Songjun, specializing in microfinance.
The date of the last website update – the end of January 2022 – catches the eye. Most likely, this is when the active promotion of Celer Coin began. The first reviews appeared only this month, indicating that the site has recently started operating.
The company does not provide the opportunity to communicate with customers through phone support, social media pages, or online chat. Contact with employees can only be made via email, which raises suspicion among traders.
Legal basis
Celer Coin does not provide a legal registration address, stating that it is regulated by the laws of Saint Vincent and the Grenadines. However, there are no documents on the website confirming this claim, such as a registration certificate and license.
It is important to note that Saint Vincent and the Grenadines have a bad reputation due to their lenient legislation, attracting financial fraudsters. The regulator has warned that it does not control brokerage companies and only registers intermediaries as legal entities. Traders are advised to pay attention to the laws of their own country.
Terms of cooperation
Celer Coin offers a wide range of assets, including currency pairs, cryptocurrencies, CFDs on global indices, commodities, and stocks. The entry threshold is from $100, leverage from 1:10 to 1:100, instant order execution, over 2,000 stock issuers, ultra-tight spreads.
Only cryptocurrency payments can be used for depositing and withdrawing funds. According to forum reviews, this practice can be used by scammers to prevent chargeback possibilities, as cryptocurrency transactions are anonymous and irreversible.
Reviews
Previously, there were almost no reviews about Celer Coin, which allowed the company to control the information provided. However, recent reviews have started to appear, and many of them warn against interacting with the company, citing potential risks of fund loss.
Conclusion
Based on the available information, we recommend caution when considering cooperation with Celer Coin. We advise against investing funds in this company, as there are risks of investment loss. Please take note of our analysis to make an informed decision.