COINHOST presents as a 'crypto purchase proxy service' and makes aggressive claims of user traction and transaction volume despite being a brand new site. Several red flags are present consistent with high-risk, likely crypto scam operations targeting retail users.
Why We Think This Is A Scam
Site is only 27 days old but claims 15,000+ users, ₩120억+ in transactions, and 50,000+ completed deals—statistically improbable for such a new page.
Aggressively markets 'easy, fast, safe' crypto purchase facilitation, promising service simplicity and removal of trading 'complexity,' a classic pig-butchering lure.
No apparent verifiable corporate identity, company registry, or transparent contact address; legal and trust indicators are limited to cosmetic phrases ('Trust and Security', 'SSL encryption').
No KYC/AML or regulatory disclosures for a service directly brokering crypto purchases, which would be heavily regulated in most jurisdictions.
Utilizes KakaoTalk for direct user contact/application—bypassing normal onboarding and facilitating off-platform solicitation, seen commonly in pig-butchering setups.
Stay Protected
Get real-time protection while browsing. Our Chrome extension helps protect against scams and phishing attacks.