Wed. Jul 24th, 2024

Is real or fake?

Is real or fake?

Coinmv which call its self “CMV is the world’s leading digital currency trading platform, providing Bitcoin, Ethereum, USDT and other digital asset transactions” seems to be scammer.

According to Scamadviser Coinmv seems to be scammer rather than being legit cryptocurrency.

According to Trustoilot customers review they reported it scam pyramid games.

You can get the customer review from scamadviser

The trust score of coinmv is low. Why? might be a scam. The trust score of the website is low.

The review of was determined by a computer program where 0 is very unreliable and 100 is considered safe to use. Our algorithm determines the trust score based on 40 different data points it collect. Examples are the location of the server, compared to the location of the company, if contact details are shown or not, rating and reviews which are given on Safe.Shop and other review sites, etcetera.

The computer program determined that the website has a low trust score. This means that it is wise to do your own checking before you shop or leave your contact details on this website.

Positive highlights

  • We found a valid SSL certificate
  • The website has a “registered till” date far in the future
  • The site has been set-up several years ago
  • DNSFilter labels this site as safe
  • Checked for malware and phishing by Flashstart

Negative highlights

  • The identity of the owner of the website is hidden on WHOIS
  • The Tranco rank (how much traffic) is rather low
  • The server of the site has several low reviewed other websites
  • Cryptocurrency services detected, these can be high risk
  • High risk financial services or content seems to be offered
  • Payment methods support anonymous transactions were found
  • We discovered mainly negative reviews for this site

Entire Review coinmv from Scam Advisor

Company Review

The identify of the website owner has been hidden. This may be done for a valid reason as spammers use this information to email website owners. Unfortunately is also makes identification of the owner difficult. We prefer if the website does show his true identity.

Investing in oil, gold, foreign currencies and such has always been a high-risk endeavor. This website seems to offer content and possible also services in this area. Please make sure you are not investing in a scam. Check our article on How to check if a forex or investment site is legit or a scam?.

Webshop Review

The Tranco ranking of this website is low. This can be considered low in relation to other websites from the website’s country. If you think this website should be very popular, please invest additional time in researching the company as this is suspicious. For a smaller or starting website a low ranking can be considered normal.

We lowered the review score as we found several websites on the same server with a low trust score. Online scammers have a tendency to set-up multiple malicious websites on one server, sometimes more than hundreds. You can see which websites we found under the “Server” tab on this page.

Cryptocurrency related information and/or services were detected on this website such as digital exchanges, bitcoin-mining or investments into crypto-coins. These digital valuta services are very difficult to judge. Unfortunately, many crypto-sites prove to be scams. We recommend you read our article How to check if a cryptocurrency site is legit or a scam..

Most companies claim the name of their website (aka domain name) for only one year in advance. they can automatically renew the registration each year. We consider it a positive sign if a domain name is registered for more than one year in the future. It means that the company intends to do business for a long time. We increased the Trust Score of as a result.

The domain name of this website has been registered several years ago. In general, the older the website the more trustworthy it becomes. However, scammers sometimes buy existing websites and start doing their evil thing, so please make sure you check for other scammy attributes as well. 

Technical Review

We have identified payment methods on this website which allow the company to remain anonymous. These payment methods usually also offer anonymity for the buyer. The disadvantage of these kinds of payment methods is that it is often very difficult or even impossible to get your money back if the merchant does not deliver the product or service. If possible, we advise consumers to use payment methods with some level of “money-back” guarantee such as the major credit card companies and Paypal. Check our article “Safe Online Payment Methods“.

We identified an SSL certificate meaning that the data shared between your browser and the website is encrypted and cannot be read by others. SSL certificates are always used by legit and safe websites. Unfortunately scammers increasingly also use SSL certificates so it is no guarantee that you are visiting a reliable website.

Additionally Ethiopiaceck also reported as the coinmv is scam. Finally if there is any body who takes responsibility of legality of you cantact me with all legallity documents to operate in Ethiopia at

How to open Coinmv account

Is legit or scam?

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By Chala Dandessa

I am Lecturer, Researcher and Freelancer. I am the founder and Editor at ETHIOPIANS TODAY website. If you have any comment use as email contact. Additionally you can contact us through the contact page of

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