If you're looking for a simple, fast way to trade crypto, you might have stumbled across EasiCoin. It promises high leverage, no KYC, and easy trading - all wrapped in slick marketing. But here’s the truth: EasiCoin isn’t a real exchange. It’s a high-risk platform with clear signs of a scam. And if you deposit money there, you might never see it again.
What EasiCoin Claims vs. What It Actually Is
EasiCoin says it’s a next-generation crypto exchange built for beginners. It claims to offer spot trading, perpetual futures with up to 150x leverage, and copy trading that lets you mirror experienced traders. It says it’s non-custodial, meaning you control your own keys. It even claims to be backed by strong finances and regulatory compliance. None of that is true. The website, easicoin.io, looks professional but has almost no substance. No team members. No company registration details. No physical address. No regulatory licenses from any country - not the U.S., not the EU, not Singapore. The domain was registered in March 2023. That’s it. No history. No track record. Just a website that looks like it was built in a weekend. The Android app on Google Play has only 100+ downloads. Compare that to Binance (over 100 million) or even newer platforms like Bybit (10 million). If this were a real exchange with deep liquidity and fast execution, it would have millions of users - not hundreds.The Red Flags Are Everywhere
Let’s break down the warning signs - the ones you can’t ignore. 1. No verifiable security or auditsLegitimate exchanges publish proof-of-reserves, undergo third-party security audits, and share their smart contract addresses. EasiCoin does none of this. It claims to be non-custodial but gives zero technical proof. That’s like saying your bank is secure because it has a nice logo - it doesn’t mean anything. 2. Ultra-high leverage with no risk controls
150x leverage on Bitcoin? That’s not a feature. That’s a trap. Even the most aggressive exchanges like MCDEX cap leverage at 50x or 100x. At 150x, a 0.67% price move wipes out your entire position. This isn’t for serious traders. It’s designed to make people lose money fast - and disappear before they can withdraw. 3. Non-KYC is a major red flag
Yes, some platforms allow limited trading without ID verification. But regulated markets like the EU (MiCA) and the U.S. require KYC for any platform handling fiat on-ramps or significant volumes. EasiCoin claims to be non-KYC while also saying you need “verification steps.” That’s a contradiction. Real platforms don’t mix vague language like that. They’re clear: “You need ID to trade over $1,000.” EasiCoin isn’t clear because it doesn’t want you to know what’s really going on. 4. No customer support
Try contacting them. The contact form on their website returns a 404 error. Their Google Play reviews show users asking for help - and getting zero replies. One user wrote: “I deposited $200. Withdrawal never processed.” Another said: “The app disappeared after I tried to verify my account.” That’s not a glitch. That’s a shutdown in progress. 5. Zero third-party coverage
No reputable crypto outlet - CoinDesk, CoinTelegraph, The Block - has ever written about EasiCoin. Not one. Meanwhile, every major exchange gets reviewed, tested, and analyzed. If EasiCoin were legitimate, someone would have covered it by now. The silence speaks louder than any marketing page.
User Reports: People Are Losing Money
The few reviews that exist are terrifying. On Google Play, EasiCoin has a 2.1-star rating from just 10 reviews - but every single one is a horror story:- “After depositing $500, I couldn’t withdraw. Support ignored me.”
- “The app vanished from my phone after I logged in.”
- “I tried to transfer my coins out. The transaction never confirmed.”
Why This Isn’t Just a Bad Exchange - It’s a Scam
This isn’t a case of “poor customer service” or “slow withdrawals.” This matches the exact profile of past exchange scams like Thodex, FTX, and BitConnect. The pattern is always the same:- Launch a flashy platform with unrealistic promises (high leverage, no KYC, copy trading).
- Attract users with low barriers to entry - no ID, no hassle.
- Encourage deposits with fake “bonus” offers or “limited-time” incentives.
- Once enough money is in, the platform freezes withdrawals.
- The website disappears. The app vanishes. The social media accounts go quiet.
How EasiCoin Compares to Real Exchanges
| Feature | EasiCoin | Binance | Coinbase | Bybit |
|---|---|---|---|---|
| Company Registration | None disclosed | Registered in Seychelles, Malta | Publicly traded (NASDAQ: COIN) | Registered in Dubai, BVI |
| Regulatory Compliance | None | Licenses in 30+ countries | SEC-registered, FinCEN-licensed | Licensed in Dubai, Singapore |
| Max Leverage | 150x (unverified) | 125x (BTC) | Up to 5x (spot) | 100x (BTC) |
| KYC Required | Claimed “non-KYC,” but vague | Full KYC for all users | Full KYC | KYC based on trading limits |
| App Downloads | 100+ (Google Play) | 100M+ | 50M+ | 10M+ |
| Security Audits | None | Regular third-party audits | Public proof-of-reserves | Published audit reports |
| Customer Support | No response to reviews, 404 contact form | 24/7 live chat, email, help center | 24/7 support, ticket system | Responsive support team |
What Happens If You Deposit?
Let’s say you’re tempted. You see a video on YouTube saying “EasiCoin is the future.” You deposit $100 in USDT. You think you’re getting in early. Here’s what likely happens next:- Your deposit shows up in the app - it’s real, because they need to make you feel safe.
- You try to trade. The charts look real. You might even make a small profit.
- You try to withdraw. The system says “pending verification.” You submit ID. Nothing happens.
- You message support. No reply.
- After a week, the app stops working. The website redirects to a blank page.
- Your coins are gone. No one can help you.
What Should You Do Instead?
If you want to trade crypto safely, use platforms with real history, real regulation, and real user trust.- For beginners: Coinbase - simple, secure, educational resources.
- For active traders: Binance or Bybit - deep liquidity, low fees, clear rules.
- For privacy-focused users: LocalBitcoins or Paxful - peer-to-peer trading with identity control.
- Verified company registration
- Public security audits
- 24/7 customer support
- Thousands of verified user reviews
- Regulatory compliance in major markets
Final Verdict: Don’t Even Open the App
EasiCoin isn’t a crypto exchange. It’s a digital trap. Every signal points to fraud: the lack of transparency, the fake claims, the zero third-party validation, the user reports of stolen funds, the disappearing app, the 404 contact page. If you’re new to crypto, don’t be lured by promises of easy money. If you’re experienced, don’t risk your capital on a platform with no accountability. This isn’t a gamble. This is a guaranteed loss. Save your money. Use a real exchange. Your future self will thank you.Is EasiCoin a legitimate crypto exchange?
No, EasiCoin is not legitimate. It lacks company registration, regulatory licenses, security audits, and verifiable trading volume. Its website has no team details, no contact support, and no proof of operations. Multiple users report lost funds and unresponsive service. It matches the pattern of known crypto scams.
Can I withdraw my funds from EasiCoin?
Users who have deposited funds report that withdrawals are blocked under false pretenses like “verification required” or “security checks.” Once the platform stops responding - which typically happens after a few days or weeks - your funds are gone. There is no known case of a successful withdrawal from EasiCoin.
Why does EasiCoin claim to be non-KYC?
It’s a tactic to attract users who want to avoid identity checks - often people trying to hide illicit activity. But real non-KYC platforms like Uniswap are decentralized protocols with transparent code. EasiCoin is a centralized app with no public smart contracts or audit trails. Its non-KYC claim is a red flag, not a feature.
Is EasiCoin safe for beginners?
Absolutely not. Beginners are the primary target because they’re more likely to believe flashy marketing. EasiCoin uses fake promises - easy trading, high returns, no KYC - to lure people into depositing money. With no educational content, no support, and no transparency, it’s one of the riskiest platforms a new trader can use.
What should I do if I already deposited money on EasiCoin?
Stop using the platform immediately. Do not deposit more. Try to withdraw what you can - but expect failure. Report the platform to your local financial regulator and to ScamAdviser. Share your experience on Reddit (r/Scams) and Trustpilot to warn others. Unfortunately, recovering funds from platforms like this is nearly impossible.
Are there any safe alternatives to EasiCoin?
Yes. For beginners, use Coinbase or Kraken. For advanced traders, Binance or Bybit offer high leverage with transparency. All of these platforms are regulated, audited, and have millions of users. They also provide educational resources, customer support, and clear fee structures - none of which EasiCoin offers.
People Comments
Let’s be real-EasiCoin’s 150x leverage is a mathematical farce. Even in DeFi, 50x is considered reckless. At 150x, you’re not trading-you’re playing Russian roulette with your wallet. The lack of on-chain proof of reserves? That’s not negligence. That’s intent. They’re not building an exchange. They’re building a honeypot.
And the non-KYC claim? Classic bait. Real privacy tools like Wasabi or Samourai don’t need to lie about being ‘non-KYC’ because they’re open-source and decentralized. EasiCoin? Centralized, opaque, and built on a domain registered in 2023. That’s not innovation. That’s a countdown timer.
Also, the app has 100 downloads? Bro. If this were legit, the bot farms would’ve already flooded it with fake reviews. The fact that it’s this quiet means they’re still in the ‘lure phase.’ Wait until the withdrawal freeze hits. Then you’ll see the real engagement.
And no audits? No API? No liquidity feeds? You can’t even scrape data from their platform. That’s not a trading interface. That’s a frontend for a crypto vacuum cleaner.
They’re not trying to make money off fees. They’re trying to make money off your capital. And once it’s in, it’s gone. Forever. No recourse. No jurisdiction. No mercy.
Don’t be the guy who says ‘I’ll just deposit $50 to test it.’ You won’t get it back. And you’ll be the one posting the warning too late.
Just… don’t.
EasiCoin is a scam. End of story. No audits no registration no support no history. The domain is three years old. The app has less than a hundred downloads. That’s not a startup. That’s a script. The 150x leverage is a trap. The non-KYC is a lure. The testimonials are fake. The contact form 404s. The reviews are all horror stories. This isn’t borderline. It’s a neon sign screaming FRAUD. If you deposit you lose. Period.
I really appreciate how thorough this breakdown is. I’ve seen so many people get burned by these flashy crypto platforms, especially beginners who just want to get started. The comparison table alone is gold-makes it impossible to ignore the red flags. If you’re new to crypto, please take this seriously. There are so many safe, legitimate options out there that actually care about their users. Stick with Coinbase, Binance, or even Kraken. They’ve earned their reputation. EasiCoin? It’s not even worth opening the app.
And if you’ve already deposited? Please share your story. The more people know, the fewer get hurt.
Wait. Did you notice how the domain was registered right after the FTX collapse? Coincidence? I don’t think so. This is a coordinated wave of copycat scams. The same playbook. Same fake UI. Same ‘no KYC’ bait. They’re using the chaos to prey on people who lost trust in big exchanges. And the government? They’re asleep. The SEC doesn’t care about offshore crypto fronts. The FBI doesn’t track 100-download apps. This is how they operate. Quiet. Surgical. And once they’re gone, your money is gone with it. No one’s coming to save you. Not the police. Not the courts. Not your bank. You’re on your own. And they know it.
They’re not just stealing money. They’re stealing hope. And that’s worse.
Okay but like… why do people even fall for this? I swear every week there’s a new ‘next-gen’ crypto platform that’s ‘revolutionizing’ trading with 200x leverage and no taxes. It’s not even clever. It’s just… lazy. The website looks like it was made in Canva. The app is a carbon copy of Binance’s 2019 UI. The ‘copy trading’ feature? Probably just a bot that mimics a single trader’s trades. And the ‘non-KYC’? Yeah right. They’re collecting your IP, your device ID, your browser fingerprint. They don’t need your ID to track you. They just need your wallet.
And then they vanish. Poof. Like a magic trick. Only the magician gets paid.
I’m just… exhausted. Can we please stop pretending these are real businesses? They’re not. They’re digital ghosts.
Thanks for writing this. I shared it with my cousin who just got into crypto. He was about to deposit $300 on EasiCoin because he saw a YouTube ad saying ‘earn 10x in a week.’ I showed him your post and he immediately deleted the app. That’s what this kind of info does-it saves people.
Just remember: if it sounds too good to be true, it is. Crypto is risky enough without adding fake exchanges into the mix. Stick with the big names. They’ve got years of trust behind them. EasiCoin? Zero. Don’t risk it.
Stay safe out there.
Who the hell is writing this? You’re not even scratching the surface. The fact that they’re using ‘copy trading’ as a feature is the most predatory thing I’ve seen this year. You’re not copying a trader. You’re copying a bot that’s programmed to lose. The ‘traders’ they show are bots with fake profit graphs. The platform is rigged from the start. The charts? Manipulated. The order book? Fake. The ‘liquidity’? Nonexistent. They’re not even pretending to be a real exchange. They’re a casino with a crypto theme. And the worst part? They’re targeting people who don’t know how to read a whitepaper or check a blockchain explorer. That’s not capitalism. That’s predation. And the fact that Google Play still hosts this app? That’s a national scandal.
It’s fascinating how we’ve normalized the idea that financial innovation must come wrapped in deception. We live in a world where a platform can promise 150x leverage, zero regulation, and no accountability-and people still click ‘deposit.’ We’ve been conditioned to believe that if it’s digital, it’s somehow more advanced. But EasiCoin isn’t advanced. It’s archaic. It’s the same Ponzi structure from 1920, just with a blockchain logo and a mobile app.
What’s tragic is that we don’t blame the platform. We blame the victims. ‘Why did you trust them?’ we say. But why do we keep building systems that make it so easy to be fooled? Why is there no regulatory firewall? Why do app stores still allow this? Why do we treat financial scams like they’re just ‘bad luck’ instead of systemic failure?
EasiCoin is a symptom. The disease is our collective surrender to convenience over caution. And until we fix that, the next EasiCoin will be even slicker. And even deadlier.
Man, this is so well written 😔 I’ve seen so many people fall for this stuff. I’m from the U.S. but I’ve got family in Nigeria and Ghana-same scams, different names. They always use the same playbook: flashy website, fake testimonials, ‘limited-time bonus,’ then silence. I sent this to my cousin last night and he was about to deposit $200. Now he’s deleted the app and is researching Binance instead. Thank you for doing the work.
Also, if anyone’s reading this and thinking ‘I’ll just try with $10’-please don’t. It’s not a test. It’s a trap. Once it’s in, it’s gone. No refunds. No appeals. No second chances.
Stay safe, stay smart. 💪🔐
Let’s cut the fluff. EasiCoin isn’t just a scam-it’s a masterpiece of predatory design. The UI mimics legitimate exchanges so well that even semi-savvy users get fooled. The leverage isn’t a feature-it’s a suicide switch. The non-KYC isn’t privacy-it’s anonymity for laundering. The lack of audits? Not oversight failure. It’s intentional obfuscation. They’re not trying to build a business. They’re trying to build a money funnel with zero exit ramps.
And the cherry on top? The app disappears after deposit. That’s not a bug. That’s a feature. They’ve engineered it so you can’t withdraw, can’t contact support, and can’t prove you ever had an account. Your transaction history? Gone. Your wallet address? Tracked. Your funds? Vaporized.
This isn’t crypto. This is digital theft with a .io domain. And the fact that people still fall for it? That’s the real horror story.
Look I get it. You want to make money fast. I get it. But this isn’t the way. EasiCoin? Total scam. I’ve seen it before. The same fake charts, the same ‘no KYC’ lie, the same disappearing app. You think you’re being smart by avoiding KYC? Nah. You’re being played. Real platforms don’t hide behind vague language. They’re clear: ‘We need ID to protect you.’ EasiCoin? They’re hiding because they’re guilty.
Just use Coinbase. It’s simple. It’s safe. It’s real. You don’t need 150x leverage to make crypto work. You need patience. And common sense.
Don’t be the guy who lost his rent money because he clicked ‘deposit’ on a website with a nice logo.
wait so if the app has 100 downloads and its been around since 2023… why is no one talking about it on twitter? like… its not even a meme? i thought all scams go viral? this one just… sits there? like a ghost app??
How quaint. A 2023 domain with a 2.1-star rating and zero press coverage? How… pedestrian. I expected something more… avant-garde. A decentralized, self-sovereign, zero-knowledge, AI-powered, quantum-encrypted, blockchain-native, metaverse-integrated, NFT-gated, DAO-governed, DeFi-optimized, Web3.0-native, non-custodial, privacy-first, regenerative finance protocol. Instead we get… a Canva template with a .io domain and a 404 contact form. How utterly… 2019.
It’s not even impressive as a scam. It’s just sad. Like a teenager trying to be edgy by wearing a hoodie indoors. Please. I’ve seen better phishing pages in my high school cyberbullying unit.
Actually, I just checked-EasiCoin’s domain was registered via a privacy service linked to a Russian hosting provider. That’s not just shady. That’s a geopolitical red flag. Most of these scam exchanges now route through Eastern Europe or Southeast Asia to avoid sanctions. And guess what? The same IP ranges are used by other known fraud platforms. This isn’t random. It’s coordinated. They’re using shared infrastructure to scale their fraud. They’re not one-off operators. They’re a network.
And the fact that Google Play still allows this app? That’s not oversight failure. That’s complicity. They’re making money off the downloads. The app store gets 30%. The scammers get the money. And we? We’re the ones left cleaning up the mess.
Don’t just avoid EasiCoin. Report it. To Google. To the FTC. To your local financial authority. If we don’t push back, they’ll just launch EasiCoin 2.0 next month.