CoinBene Safety: Is This Exchange Still Safe to Use in 2025?

When you hear CoinBene, a cryptocurrency exchange that once ranked among the top 20 globally by trading volume. Also known as CoinBene Global, it was known for low fees and support for hundreds of altcoins. But today, it’s a shadow of its former self—no longer listed on major review sites, with users reporting frozen withdrawals and disappearing customer support. If you’re wondering whether CoinBene is still safe, the answer isn’t just about security features—it’s about trust, transparency, and what happened after the hype faded.

The same patterns you see in CoinBene show up in other exchanges that collapsed quietly: Gravity Finance, a tiny, inactive DEX with zero trading volume and no public team, or Coinbuy.cash, a platform with no reviews, no security audits, and zero legitimacy. These aren’t random failures. They’re textbook cases of platforms that grew fast by promising too much, then vanished when users tried to cash out. CoinBene’s decline followed the same path—overpromising liquidity, underdelivering on withdrawals, and eventually going silent on social media and support channels.

What makes CoinBene different from a scam like OpenSwap or a dead project like Serum Swap? It’s not that it never had real users—it did. But real users eventually left because they couldn’t access their funds. That’s the red flag no exchange can survive: when the platform stops working for you, not just in theory, but in practice. And unlike regulated platforms like Binance or Kraken, CoinBene never offered clear legal jurisdiction, insurance, or audit reports. Even its API, once used by traders for automation, is now unreliable or offline.

Today, if you’re still considering CoinBene, you’re not just risking your crypto—you’re risking time, effort, and peace of mind. You’ll find no recent user testimonials, no updated security blogs, and no evidence of active development. Meanwhile, the crypto world has moved on to platforms with real accountability: ones that publish proof-of-reserves, have transparent leadership, and respond to customer issues within hours, not weeks. CoinBene doesn’t meet any of those standards anymore.

Below, you’ll find real stories from people who trusted platforms like CoinBene—what they lost, how they found out too late, and what they wish they’d checked before depositing. These aren’t hypothetical warnings. These are lessons written in lost funds and broken trust. If you’re still unsure whether an exchange is safe, ask yourself this: if it disappeared tomorrow, would you have any way to prove you owned your coins? If the answer is no, you’re already at risk.