There are many different services active in the world of Bitcoin and cryptocurrency. Particularly online wallet services can be hit-and-miss, as it is difficult to distinguish legitimate offerings from outright scams. Coinwallet.eu falls into this latter category, as they do not respond to customer inquiries and do not pay out funds either. Avoid this company at all costs.
Coinwallet.eu is An Empty Shell of Nothingness
On the outside, Coinwallet.eu may look like any other online wallet service for cryptocurrency users. Even though people should never trust these services, and always control funds themselves, these platforms are used rather often. But do not be mistaken in thinking Coinwallet will send users their funds when they ask for it, as that is not happening.
.One Reddit user reported how he used Coinwallet.eu – thanks to its Google search engine ranking – to store some funds from gambling in Bitcoin and have it converted to PayPal. Although it is not certain this company ever offered that service, they claim to offer “multiple withdrawal options”.