Post
Topic
Board Exchanges
Re: Coinexchange.io - Reviews
by
almightyruler
on 13/10/2019, 08:21:47 UTC
coinexchange  not care about you, they list scam coins on it if you pay them.
i'm a victim of that myself with centuron scam coin.
i think they closing cause enough earned and time to leave the boat before it sinks.
does anybody know where they are located or any info about coinexchange identity
thank you
here is what i see on the terms its base in australian state

The Site is controlled by CoinExchange. It can be accessed by most countries around the world. By accessing and using the Services on and associated with the Site, you agree that these Terms are governed by the laws of the State of New South Wales.

You and CoinExchange submit to the exclusive jurisdiction of the courts of the State of New South Wales


Until now we have no news like this all users withdrawing coins without any problem most probably its internal problem nothing like hack or thieft.
There still no email notification i guess there will be a users that will not be able to widraw their coins if they forget the exchange or not reading the news about coinexchange update.

You can find multiple copies of those T&C on various different exchange sites, many which have not bothered to fix the text to suit the specific circumstances of their business:

https://www.google.com/search?q=%22+By+accessing+and+using+the+Services+on+and+associated+with+the+Site,+you+agree+that+these+Terms+are+governed+by+the+laws+of+the%22&filter=0

Question is whether coinexchange provided the original text, or coinexchange was one of the copiers. If the latter case, the jurisdiction claim may be bogus (although, given it's in the T&Cs that customers agree to, perhaps legally enforceable?)

Edit: there's an earlier version of the T&Cs, which do not specify jurisdiction:

https://web.archive.org/web/20170916032817/https://www.coinexchange.io/terms

...and that version appears even more prominently on multiple websites... see https://www.google.com/search?q=%22It+can+be+accessed+by+most+countries+around+the+world.+By+accessing+our+website%2C+you+agree+that+%22

So it's my guess that coinexchange copied the T&C from somewhere else, then made incremental changes over the years.