Coinloft Reviews 91

TrustScore 4 out of 5

4.2

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Rated 5 out of 5 stars

I am very happy with the way that coinloft has proceeded with my transactions.I have never had to use this currency but am very happy with the way it was very easy to do and the safety of my account w... See more

Rated 4 out of 5 stars

A fast reliable service. One gripe, though - when paying cash at a newsagent their system asks for a 6 digit PIN for confirmation, but only a 4 digit PIN is sent by Coinloft, which causes delay and co... See more

Rated 5 out of 5 stars

I always use POLi for transfers, works perfectly every time, no need for I.D. or sign up and transactions usually take less than 30mins. At one stage I had an issue with a restriction of $250 per tr... See more

Rated 4 out of 5 stars

Need to give an option to add or take commission amount from purchase. Instead of just receiving 5% less. Very annoying when in a rush. Apart from that quick and easy excellent service as always.

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4.2

Great

TrustScore 4 out of 5

91 reviews

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Rated 5 out of 5 stars

Great service

Great service, fast and great options for payment.

March 8, 2020
Unprompted review
Coinloft logo

Reply from Coinloft

Thanks John, we appreciate your support!

Rated 1 out of 5 stars

100% of orders go like this

100% of orders go like this
Create order ( get confirmation e mail )
Pay money to coinloft ( get confirmation of payment Via e mail )
Wait 1 hour
Get e mail stating you have failed to make payment and your order has been cancelled
E mail suport @ coinloft.com.au ask "by golly you bunch of gronks" you have my cash how bout some coinage, fair go !!!
Get reply .... someone is going to look into it
10 minutes later get email transfer started
1-2 hours later receive coins I paid for 3-4 hours earlier.
Think to myself WOW what an age we live in, Thank you coinloft I love you .......NOT!!!!!

February 3, 2020
Unprompted review
Rated 5 out of 5 stars

Always pull through

Just need to lower commission but great service

February 3, 2020
Unprompted review
Coinloft logo

Reply from Coinloft

Thank you for your feedback, we are working on ways to make the process more efficient which could reduce the commission. We will keep you posted.

Rated 1 out of 5 stars

What a joke

Used them in the past to transfer money from aud to btc
Provided them with the appropriate bank transfer proof of ID

Gone to make a transfer again [ 2 months later ]

Been told the exact way I deposited and provided ID was not good enough and funds won’t be transferred,,

well how was it good enough less than 2 months ago !
Even provided them with the proof the asked for exactly how they wanted
Letter head , name bsb account #
Told still not good enough

TLDR; avoid them ,don’t waste your time Or money

December 16, 2019
Unprompted review
Rated 1 out of 5 stars

A complete scam

A complete scam. They take your money, refuse to deliver bitcoin and refuse to refund. Utterly untrustworthy.

November 14, 2019
Unprompted review
Rated 5 out of 5 stars

I always use POLi for transfers

I always use POLi for transfers, works perfectly every time, no need for I.D. or sign up and transactions usually take less than 30mins.
At one stage I had an issue with a restriction of $250 per transaction however a quick email and my limit was raised based on my phone number. I would not use any where else to buy BTC.

January 17, 2018
Unprompted review
Rated 1 out of 5 stars

My first experience was bad

My first experience was bad. Tried the following two payment methods but none of them work!

1) Cash method, need to provide your personal details such as Address, Birthday, Mobile, Driving License Number, Passport Number, Medicare Card Number before they will send you the quote. Passport & Medicare Card verification were fine. However, my Driving License check didn't go through. If you retry a few times. It will locked out due to too many attempts, contacted support via phone number. It always say can't answer your call and hang up, then sent them email. They said can reset it and let me retry, but still didn't work. This make me think whether they're dodgy?

2) Newsagent method, it requires an iPad app call blueshyft in order to buy bitcoins. It charges 0% commission too!!! But wait, I can't find the app for iPad or iPhone in App Store!
I then googled and found another website which has a higher fee (actually same commission, but give you less bitcoin for the same money). Picked Newsagent method and it DOES NOT require all these verification except your mobile phone number!

I also believe the comments below could be fake! so beware!

December 8, 2017
Unprompted review

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