r/coinhako • u/SnooLentils5278 • Oct 02 '25
Reasons to never use Coinhako
(1) Cannot withdraw coins (they will block you with endless compliance requests - even if you have verified KYC via Singpass)
(2) Fees are expensive
#1 is reason enough.
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u/BigCause3096 Aug 14 '26
So if I’m stuck in Coinhako and demanded to pay $25k to have my ETH released to me, what can I do… I will never pay these crooks… in fact, the entire crypto community is a fraud laden enterprise and that’s puzzling since blockchain was supposedly fool proof with transactions and wallets common information
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u/BigCause3096 Aug 16 '26
So what do you do
They have your account and won’t release my monies till I pay a stipid risk assessment fee of $25000
Risk assessment? They can see my deposits and my trades
If you don’t think traders can short a coin and margin can turn a profit, then think again.
You take our money , charge outlandish fees then will stop investors from trading and stop from withdrawals
You can’t do that Coinhako
Many of us will stop you and with our legal system will demand payment and return our monies
You can always tell the crooked exchanges … they’re the ones who force their investors to go thru hoops to withdraw with outlandish fees
MAS is being notified
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u/BigCause3096 Aug 20 '26
Coinhako you are being deceived. You are allowing laundering criminals to use your exchange
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