H5 Ymcoin 

Scam. Do not put any money to this exchange.

When I politely asked for help and discussed my situation with an administrator, I was promptly removed from the group. The admin contact did not like me asking the leader of the group for help, which he never answered, which brings to mind another point, NEVER email their helpdesk, you will never get an an email answer.
My colleague introduced me to Beyond Standard, it's has been running smoothly and pay out is consistent

YMcoin is a one way street where your money goes in but not out. Lonton wealth management investment page run by presumably fictitious Dr Smith advised crypto investment and promoted YMcoin. On the site leveraged contract trading up to 200x was possible and new coins were promoted for “ risk free” investment. These coins have white papers and articles written about them but do not exist on other exchanges. Considerable efforts have been taken to make them seem legit ( see AKPH, TBUG etc). On getting substantial returns from these subscriptions it was not possible to withdraw funds and taxes were required to be paid on behalf of the ATO in order to unlock funds. On contacting the ATO I found this was not their practice and was advised not to contribute any more funds to the site. Since then other victims of the scam confirmed my suspicions.

Henry Smith of Lonton Wealth Management, the Ymcoin trading platform and a C2C merchant, named Kalyan Kumar Veerina, who appears to be a heart surgeon based in California, are in collusion and are operating an extremely sophisticated scam. Smith began by giving new investors like myself free funds to try out crypto contract trading on the Ymcoin exchange. He lead some very successful trades before exhorting investors to transfer their own funds to the platform, via the C2C merchant, to reap big rewards. To keep receiving his guidance it was necessary to invest large amounts and lock these funds in Ymcoin and agree to profit sharing. Smith is supported by numerous fake investors most of whom have phone numbers commencing 0483 9… which appear to be a batch of numbers purchased in one go from Optus! These investors APPEAR to have unlimited funds, in the form of bank transfers and gold ingots, to keep investing in Ymcoin via the C2C merchant. Eventually, I was naively lead to sign a loan agreement, with Smith as guarantor and Ymcoin as witness and arbitrator. The wording is ambiguous and misleading and is being used to tie up my funds and considerable apparent profits in Ymcoin. The C2C merchant, Smith & Ymcoin insist the agreement requires the loan to be repaid, not from my Ymcoin account as I understood, but from my own external funds. This is clearly a scam to get me to throw more good money after the bad that I have already lost. I have been threatened with financial and judicial penalties including calls on my home, family and friends by debt collectors if I don’t pay up.
The Ymcoin platform has now strongly recommended all investors to withdraw all their funds before a server upgrade in October, 2024 which will likely result in data loss for which they will not be held responsible. My funds are restricted and cannot be withdrawn. I now realise these funds are not real and will most certainly be lost during the server upgrade.
STAY WELL AWAY !!!!!

total scam - lost my savings, Dr Smith and Mia are liars. Exchange is fake. Its all a front, dont believe what they say, they will say anything to get you to add more $$ and you will never see it again. Devastating for me and my family. If the exchange is not one of the common ones - keep away.

Fake - Lonton Wealth Management, Ymcoin, Henry Smith, Mia Lee

They falsely promote their investment education using a fake ASIC logo on social media.

This group consists of scammers using fake names and profile pictures, constantly promoting the scam to convince genuine people that Dr. Henry Smith and Mia Lee are real saviors.

Once you join their WhatsApp group, they provide poor investment advice in the stock market, leading you to lose money. Then, they push you toward cryptocurrency, claiming you can recover your losses, and promote their fake trading website, Ymcoin. This website is run by these scammers, who pressure you to deposit your hard-earned money and engage in manipulated contract trading, which leads to further losses. They continue asking for more funds.

They also promote fake tokens and IDO projects such as ATPT, AUMT, TBUG, AIMK, and AKPH, which cannot be found on any legitimate exchange. They encourage you to subscribe to these tokens.

The scammers keep moving the group to different platforms so you can't easily distinguish between who is genuine and who is part of the scam.

They use fake tripartite agreements called the "Gold Coast Wealth Plan" with Ymcoin, Henry Smith, and you, promising profits from 200% to 1200% within a specific period. They hold your money for a certain period, and when the contract ends, they ask you to deposit more funds to withdraw any profits you've supposedly earned from their trading platform.

This is an advanced scam that has deceived many people, causing them to lose their hard-earned money. A group of scammers is using fake WhatsApp groups, fake trading apps, and fake tokens to carry out this scam. They are still active—please be cautious.

It's a scam.... you can't withdraw your funds and you will never get your money back.... Don't Do It
Looks legit with trading graphs and real time pricing

You will look like you are making money.
Until you withdraw. I read review and scam alerts. And withdrew $500.00 pretty easy so thought nothing of it.

Do Not Be Fooled.... this is a very good replica with very little spelling errors.

It's not registered with ASIC
It's not a legitimate Financial Exchange
And Lonton Wealth are in conjunction with this platform. DR SMITH & MIA

RUN RUN RUN....THE OTHER WAY

This company has mislead me to put my money into the exchange through dishonest people Henry Smith and Mia. They work as a team to try and help you to make money in a group but all they are doing is trying to get any money out of you. You will not be allowed to get the money out of and the exchange helps them they all work together. The exchange is disgusting. The customer service doesn’t help you with anything. They project something that’s not legal and they will do anything to hold your money and freeze your money so you can’t get your money out, they have no right to do this. Do not put any money in there and do not trust these people. They will mislead you and then you and pretend to be customer service when they’re all working together and all taking your money from you because if that was not true they would help with the honest way of showing me documents to prove that I’ve done something wrong. I haven’t done anything wrong. I haven’t signed no contracts. I never took out no loans. They have no reason to freeze my money but they cannot show me anything. They choose to just hold my money and not , do what is legal? It’s one big scam.

This is a SCAM operation. Classic PIG BUTCHERING, Tutor and Assistant CRIMINAL OPERATION!!! The coins pushed down your throat are fake and not listed anywhere else. If you are a member of the Lonton WhatsApp Chats BEWARE of their fake shills and fake trading gains. EVERYTHING about them is fake. RUN AWAY, NO WITHDRAWALS after 2nd attempt. DO NOT DEPOSIT ANY FUNDS! Once sent, you will not be able to withdraw most of it and be booted off their group and locked out of platform.

Everyonre had the same issue with this platform based off the reviews seen here,i discovered Claimbox and i was assisted with charge backs which worked out

I had a very negative experience with YMCoin and the Lonton Group. The exchange does not appear to operate in real-time, and there are serious concerns about the legitimacy of the tokens associated with their IDO project. The team promotes the exchange and attracts users by offering educational lessons through WhatsApp, which feels misleading. While I initially managed to make a few withdrawals, the platform suddenly stopped allowing further transactions. Despite their efforts to create a convincing digital presence, I urge others to be cautious, as I have personally lost over $35,000 and fear others may lose their hard-earned money too.

The website gives me great confidence and assurance, allowing me to trade with confidence without worrying about potential risks and fraud.

The overall design and functionality of YMcoin are outstanding. It's clear that a lot of thought has gone into creating a platform that meets the needs of all types of traders.

The integration of blockchain technology on YMcoin ensures transaction transparency and security. It's a cutting-edge feature that sets them apart from other platforms.

YMcoin's regular software updates and improvements show their commitment to providing a top-tier trading experience. It's always exciting to see new features being added.

The community forums on YMcoin are a great resource. I've learned a lot from the discussions and advice shared by other traders.

The platform's algorithmic trading options are impressive. They allow me to automate my trading strategies and make the most of market opportunities.

Beware, this company has 5 administrators, and no positive reviews other than those written by fake members and or the company.
Some of the Administrators don't read or understand constructive advice as they are based overseas, use fake phone numbers, and usually English is not their primary language.
Also, the method of depositing and withdrawing funds is a convoluted process that can only be done either via an administrator or by contacting one of the many Customer to Customer (C2C) links.
NOTE...
When I tried to withdraw funds, the system would only allow me to withdraw 1/5th of my funds, but that amount was below the allowed limit. There was NO feedback to me on what the minimum withdrawal limit was!!
So this begs the question Why??. Why does the program insist on retaining 4/5ths of my funds???
Why would it not let me withdraw it all?
This program and access to it should be banned.
Be careful, they offer advice and support as long as you invest with them, and should you decide to withdraw your funds, beware, the process has problems. See my comments above.
When I politely asked for help and discussed my situation with an administrator, I was promptly removed from the group. The admin contact did not like me asking the leader of the group for help, which he never answered, which brings to mind another point, NEVER email their helpdesk, you will never get an an email answer.