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CoinTiger-Crypto Exchange

latest release: 4.8.3 ( 23rd June 2020 ) last analysed  27th August 2021 Not updated in a while 
2.7 ★★★★★
89
27th October 2018

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Do your own research!

Try out searching for "lost bitcoins", "stole my money" or "scammers" together with the wallet's name, even if you think the wallet is generally trustworthy. For all the bigger wallets you will find accusations. Make sure you understand why they were made and if you are comfortable with the provider's reaction.

If you find something we should include, you can create an issue or edit this analysis yourself and create a merge request for your changes.

The Analysis 

CoinTiger Exchange Terms of Service

About CoinTiger
As an important part of the CoinTiger Ecosystem, CoinTiger mainly serves as a global online platform for Digital Assets trading, and provides Users with a trading platform, financing services, technical services and other Digital Assets-related services. As further detailed in Article 3 below, Users must register and open an account with CoinTiger, and deposit Digital Assets into their account prior to trading. Users may, subject to the restrictions set forth in these Terms, apply for the withdrawal of Digital Assets.

CoinTiger ZenDesk Page How to Withdraw Cryptocurrencies

CoinTiger Disclaimer Page

The company shall not be liable for any accidents arising out of transactions that are outside of the trading rules stipulated in these terms and conditions and shall not be liable for any dispute arising out of the negligence of the seller or buyer. The damage or loss caused by the company’s affiliates shall be in accordance with the terms of the affiliates, and the dispute between the affiliates and the customers shall be settled in principle.

Cointiger is developed by SINGAPORE TAI-E CYBER-TECH PTE. LTD.

This app is a cryptocurrency exchanged developed by a company based in Singapore. It’s cryptocurrency wallets are custodial.

(dg)

Verdict Explained

This product did not get updated in over a year.

As part of our Methodology, we ask:

Was the product updated during the last year? If not, we tag it Stale! 

Bitcoin wallets are complex products and Bitcoin is a new, advancing technolgy. Projects that don’t get updated in a year are probably not well maintained.

This verdict may not get applied if the provider is active and expresses good reasons for not updating the product.

The product cannot be independently verified. If the provider puts your funds at risk on purpose or by accident, you will probably not know about the issue before people start losing money. If the provider is more criminally inclined he might have collected all the backups of all the wallets, ready to be emptied at the press of a button. The product might have a formidable track record but out of distress or change in management turns out to be evil from some point on, with nobody outside ever knowing before it is too late.