Once Promising, Now Silent
CoinBook launched in 2017 in the U.S., promising zero trading fees, simple USD pairs, and a smooth user interface. It also pitched OTC deals and margin trading, aiming to carve out a niche among retail and institutional traders.
What It Offered
The exchange supported USD deposits and allowed trading a few cryptocurrencies with no fees. Features like OTC and leverage were advertised, but adoption remained minimal. No proof of reserves or audits ever surfaced, undermining trust.
Why It Failed
- Trading volume never scaled beyond a negligible level
- No transparency on reserves or governance
- Minimal marketing and community presence
- By 2025 it is untracked, with zero activity
Status in 2025
The website exists but provides no functional service. Markets are empty, no order books are visible, and no updates have been released. The project effectively ended years ago without formal announcements beyond inactivity.
Quick Facts
| Feature | Status / Details |
|---|---|
| Founded | July 2017, U.S.-based |
| Fiat Support | USD only |
| Fees | Zero trading fees |
| Markets | Spot, margin, OTC (claimed) |
| Volume (24h) | $0, untracked |
| Reserves | No data or audits |
| Status | Inactive as of 2025 |
Final Thoughts
CoinBook pitched itself as a user-friendly, zero-fee USD exchange. However, no adoption meant no survival. Without users, liquidity, or transparency, the project faded quietly. Today it remains only as an inactive listing, a reminder that even promising concepts can vanish without a community to support them.