Coinhub.io Crypto Exchange Review: Red Flags, Scam Warning, and Why You Should Avoid It

There’s a crypto platform called Coinhub.io that’s popping up in search results, promising to let you trade Bitcoin, Ethereum, and over 100 other coins. But here’s the truth: Coinhub.io is not a real crypto exchange. It’s a fake website built to look like one - and it’s dangerous.

What Is Coinhub.io Really?

If you search for Coinhub, you’ll find two completely different things. One is a legitimate, open-source portfolio tracker called CoinHub (with a .org domain). It’s a free app you download to your phone or computer. It doesn’t hold your money. It doesn’t let you buy or sell crypto. It just shows you what you own, like a digital spreadsheet. It’s built for privacy - all your data stays on your device. No servers. No tracking. No risk.

The other is Coinhub.io - a website with a slightly different domain name. This one claims to be an exchange. It says you can deposit fiat money, trade coins, use margin, and withdraw to your wallet. But none of that is real. There’s no proof it exists as a functioning platform. No trading volume. No order books. No liquidity. No verified users.

The Domain Trick: .io vs .org

This is a classic scam tactic. Legitimate crypto tools use clean, trusted domains like .org or .com. Scammers buy similar domains with less common endings - like .io, .co, .xyz - to trick people into thinking they’re the real thing.

CoinHub (the real app) uses coinhub.org. That’s the only official site. Coinhub.io? It’s not listed in any official documentation, GitHub repo, or open-source repository. It’s not mentioned in any reputable crypto publication. It’s a copycat site, built to look like the real thing - and it’s designed to steal your money.

Red Flags You Can’t Ignore

Here’s what’s wrong with Coinhub.io:

• No regulatory license - No country’s financial authority (like the SEC, FCA, or ASIC) lists Coinhub.io as a registered exchange.
• No security audits - Legitimate exchanges get audited by firms like CertiK or OpenZeppelin. Coinhub.io has zero public audit reports.
• No user reviews - Only one review exists on a tiny site (Cryptogeek), with a 3/5 rating. No Trustpilot, no Reddit threads, no Twitter chatter. Real exchanges have thousands of user experiences.
• Unverifiable fees - Some sites claim Coinhub.io charges 0.20% maker fees. But if the exchange doesn’t exist, those numbers are made up.
• No withdrawal proof - No one has posted a video or screenshot of successfully withdrawing funds. That’s not normal. Even shady exchanges have at least a few users who got out.
• No corporate info - Who owns it? Where’s the company registered? What’s the legal entity? Nothing. Zero transparency.

Why People Fall for It

Scammers target new crypto users. They know beginners don’t know how to check domains, verify licenses, or read whitepapers. They use flashy ads, fake testimonials, and promises of “low fees” and “100+ coins.” They make it look easy. Too easy.

If you’re new to crypto, you might think: “This looks just like Binance or Coinbase.” But here’s the difference: Binance shows its license numbers. Coinbase publishes its security reports. They answer questions publicly. Coinhub.io? Silent.

What Happens If You Deposit?

If you send Bitcoin, Ethereum, or even fiat money to Coinhub.io, it won’t go to a trading system. It won’t get matched with a buyer. It won’t appear in your wallet later.

It goes straight to a wallet controlled by criminals. Once it’s gone, it’s gone. Blockchain transactions are irreversible. No customer service call. No refund button. No legal recourse.

There are no reports of people getting their money back from Coinhub.io. Not one.

Real Exchanges vs. Coinhub.io

Real Exchanges vs. Coinhub.io: What to Look For

Feature	Real Exchange (e.g., Kraken, Binance)	Coinhub.io
Domain	.com, .org, .io (with verified ownership)	coinhub.io - unverified, not linked to any official project
Regulatory License	Publicly listed (e.g., FCA, NYDFS)	No license, no registration
Security Audits	Published reports from CertiK, SlowMist, etc.	No audits, no code transparency
User Reviews	Thousands on Trustpilot, Reddit, Twitter	One review on a low-traffic site
Withdrawal Proof	Public videos, forum posts, user testimonials	No proof of withdrawals ever made
Corporate Info	Legal entity, address, contact details	No company info, no legal details

What to Do Instead

If you want to trade crypto safely, use platforms that are proven, regulated, and transparent:

• Kraken - Licensed in the U.S., Europe, and Canada. Full transparency.
• Binance - Largest exchange by volume. Publishes proof of reserves.
• Coinbase - Publicly traded in the U.S. Fully regulated.
• Bitstamp - One of the oldest exchanges. Based in Europe.

All of them have:

• Clear domain names (no .io tricks)
• Published licenses
• Public security reports
• Thousands of verified user reviews
• Real customer support you can reach

How to Spot a Scam Exchange

Here’s a quick checklist you can use before signing up for any crypto site:

1. Check the domain. Is it .com, .org, or .io? Look up the official site on Google or the project’s GitHub.
2. Search “[exchange name] + scam” or “[exchange name] + review.” If you see only one or two reviews, be suspicious.
3. Look for a license number. If they don’t say which country regulates them, walk away.
4. Check if they’ve been audited. Search for “[exchange name] + audit report.”
5. Try to find a real user who withdrew money. Watch YouTube videos. Read Reddit threads.
6. Never deposit money if you can’t verify any of the above.

Final Warning

Coinhub.io is not a crypto exchange. It’s a trap. It’s designed to look real so you’ll trust it. But behind the surface, there’s nothing. No infrastructure. No team. No accountability.

If you’ve already sent crypto to Coinhub.io, your funds are likely lost. There’s no recovery process. No help from police or regulators - because this platform doesn’t legally exist.

Don’t risk your money. Don’t fall for the copycat. Stick to exchanges with real names, real licenses, and real users.

When it comes to crypto, the safest choice isn’t the one with the fanciest website. It’s the one you can verify.