Coin City Limited is a scam, says the FMA

The Financial Markets Authority from New Zealand has warned against Coin City Limited.

Coin City Limited (coincity.co.nz) is a bitcoin exchange. It says it is the biggest bitcoin exchange in New Zealand.

However, it is impersonating a real company Coin City Limited, which it has nothing in common with. The FMA consider the Coin City Limited (coincity.co.nz) exchange to be a scam.

It is clear also from the fake media mentions you can see on the exchange’s website, Financial Times, CNBC and The Independent have never published anything about Coin City Limited.

We recommend buying cryptocurrencies on a regulated exchange.

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