electroneum Reviews 308

TrustScore 1.5 out of 5

1.3

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Rated 1 out of 5 stars

What a bunch of horse shit! All those positive reviews are either bots or bought! I am one of the original investors and they locked me out with their fake KYC which I could not pass after I sent my p... See more

Rated 1 out of 5 stars

Bought at ICO and it has been downhill ever since. This scam now concerns me deeply as their near impossible KYC process has all of my personal info, copies of my ID’s/Passport, and other personal inf... See more

Rated 1 out of 5 stars

Scam Do not invest Team does not meet any deadline Support will treat you like criminal rather than as an investor. Was any KYL AML requirement mentioned during ico...also the team working hard for... See more

Company replied

Rated 1 out of 5 stars

I saved up a lot ETN and now it's all worth nothing! At this point I have absolutely zero hope in this project. Now it's obvious that it's made to steal money from people and will never be a viable cu... See more

Company details

  1. Software Company

Information provided by various external sources

An exciting new cryptocurrency, launching in 2017!


Contact info

You should know

1.3

Bad

TrustScore 1.5 out of 5

308 reviews

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Hasn’t replied to negative reviews

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Rated 1 out of 5 stars

this is more than a scam

I have been with the account blocked for a long time, I have sent my documents for more than 3 months, but the account has not yet been opened. this i can call scam 2.0

July 13, 2021
Unprompted review
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Reply from electroneum

Hi Antonio, we are sorry you feel this way. We are continually increasing the support team to assist with an ever growing number of users joining Electroneum. With regards to KYC and AML, we follow advice from FATF & JMLSG for global standards for global implementation. More details can be found here: https://bit.ly/3sZBrEO.

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Rated 1 out of 5 stars

Locked me out of my account

May 27, 2021
Unprompted review
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Reply from electroneum

Hi Ahmed, we want to help legitimate account holders access their accounts legitimately. We know people move house and things change. To assist please ensure all documents uploaded are accurate and match your account details. For more info visit: https://bit.ly/3sZBrEO.

Rated 1 out of 5 stars

Joke of a company take forever to…

Joke of a company take forever to approve any documents. All I want to do is transfer from my wallet to another wallet

May 18, 2021
Unprompted review
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Reply from electroneum

Hello, we are sorry you feel this way. We are continually growing our support team to assist. We follow advice from FATF & JMLSG for global standards for global implementation. More details can be found here: https://bit.ly/3sZBrEO.

Rated 1 out of 5 stars

Do not use their app wallet

Do not use their app wallet, if you want access to your funds.
Problem with kyc.
False ICO, raised 40M for gaming / gambling coin, now used as charity coin.

April 21, 2021
Unprompted review
electroneum logo

Reply from electroneum

Hi Pavel, we're sorry you feel this way. Please understand startup businesses adapt to stay ahead of the competition and remain relevant to the needs of the market. As for your issues with KYC, there are a multitude of reasons why you may be required to provide further documentation. We follow advice from FATF & JMLSG for global standards for global implementation. More details can be found here: https://bit.ly/3sZBrEO.

Rated 1 out of 5 stars

Do not transfer any of your electroneum to their app or website - you have been warned

Depending on the outcome of this "level 2" KYC check I will either be reporting this outfit as a scam or fraud to the authorities or finally have access to ETN coins/tokens from 2018 a combination of mined and purchased.

They effectively lock the website and the app and prevent you from gaining access to your electroneum tokens until you complete a "KYC check". This should realistically take 10 minutes just like it does on most of the major reputable crypto exchanges. Electroneum not so much, it's a clown show literally. I have no idea why for example it takes 10 days to verify a utility bill or over 24 hours to verify a driving licence.

They are not ISO27001 so I refuse to send them any more information about myself as I have no idea how PII Data is handled/maintained/accessed/stored by Electroneum or by whom else. They did mention partnering with Yoti for KYC checks however I don't think that is the case for "level 2" checks or if they even use Yoti now. Plenty of people complaining about being locked out of the app and site for months to date.

There is a term in the crypto community for tokens and coins like this - "shitcoin" and electroneum fits this description perfectly.

You have been warned. Always read the negative reviews on trust pilot as most of the 5 star reviews for this "service" are just hype - ETN is useless and has been for a while, a true "shitcoin" from the 2018 ICO craze.

April 13, 2021
Unprompted review
electroneum logo

Reply from electroneum

Hi Steven, we are sorry you feel this way. We are continually increasing the support team to assist with an ever growing number of users joining Electroneum. With regards to KYC and AML, we follow advice from FATF & JMLSG for global standards for global implementation. More details can be found here: https://bit.ly/3sZBrEO. And with regards to your concerns about PII data storage, please be assured that we follow GDPR compliance requirements.

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Rated 1 out of 5 stars

Kyc process has taken months

Kyc process has taken months. They always want new document.
Recently they have asked for tax file number , employer detail in a bank statement. Bank statement will never have tax file number.

My funds have been locked. Can't access it. They should have asked all these detail when I was trying to buy their coin. At the time of purchase everything was so easy. But now it has become impossible to access my account . I want to sell everything and not keep any. This has just been so stressful

April 9, 2021
Unprompted review
electroneum logo

Reply from electroneum

We're sorry you feel this way. There are a multitude of reasons why you may be required to provide further documentation. We follow advice from FATF & JMLSG for global standards for global implementation. More details can be found here: https://bit.ly/3sZBrEO.

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