Instacoins Group Reviews 168

TrustScore 4.5 out of 5

4.4

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Rated 5 out of 5 stars

Sarah is a very professional & friendly agent, most helpful too. She patiently answered all my questions knowledgeably & to satisfaction! And very prompt too--as she has sent the email to help with... See more

Rated 5 out of 5 stars

I was very ignorant about crypto. I have tried 6 different crypto exchanges....their customer service was bad to off the chart terrible. Instacoins's customer service is absolutely fantastic. I hav... See more

Rated 5 out of 5 stars

The individuals whom provide the customer care are caring and patient. They make you feel special and important on a personal level. It’s difficult to explain it to put into words but I’ll try. This... See more

Rated 1 out of 5 stars

Useless service. Go through all the steps of the registration process. Including personal information and private information like income and expenses. Try to fund my account and get a email to say th... See more

Company replied

Company details

  1. Cryptocurrency Service

Written by the company

Established in 2018, Instacoins is a regulated digital currency provider specializing in the sale and transfer of the cryptocurrency, Bitcoin. Our vision is to create effortless access to digital currency for people from all walks of life. Whether an experienced blockchain expert or a complete beginner, our fast, easy-to-use and secure system will assist you in opening your financial world up to the currency of the future. With one of the most intuitive platforms available, you can purchase Bitcoin using a credit/debit card or bank wire within only a few minutes.


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You should know

4.4

Excellent

TrustScore 4.5 out of 5

168 reviews

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Hasn’t replied to negative reviews

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Rated 5 out of 5 stars

Dope Asf!!

I would like to commend instacoins on having a 24/7 help line. With English speaking customer service. Jack was very impressive. His patience and knowledge of the issues are phenomenal. He has a outgoing personality and a true genuinely concerning energy. That's hard to come by. So many other companies would love to have him. I'm definitely a customer as a result. I'm impressed, and had to write this, because nothing suck more, than having a product with horrible customer service.

July 30, 2021
Unprompted review
Rated 5 out of 5 stars

I made a purchase of bitcoin via…

I made a purchase of bitcoin via instacoins and made a human technical error. Tried to figure it out myself😬. Customer service Assistant Dante was Awesome! Helped me resolve my issue within minutes. My advice will to be contact customer support immediately 24/7

July 29, 2021
Unprompted review
Rated 4 out of 5 stars

Re-writing my review to say that I was…

Re-writing my review to say that I was helped in the best way possible by multiple staff representatives here at this company. There was a misunderstanding when it came to helping me transfer my funds but this situation was handled thankfully and I want to thank the staff for their patience with me!

July 28, 2021
Unprompted review
Instacoins Group logo

Reply from Instacoins Group

Hi Kris,
thank you for your kindness, we truly appreciate.

Have a lovely day,
Instacoins Team

Rated 1 out of 5 stars

They just kick you out without and…

They just kick you out without and answer as to why. Garbage business practice!!!

July 9, 2021
Instacoins Group logo

Reply from Instacoins Group

Hi Littleblink,
as you might know, we are a regulated and licensed company. To ensure a secure environment where our customers can enjoy our services, we keep our security standards very high. We strictly abide to the most recent Anti Money Laundering international procedures and we state this in our T&Cs.

In situations where a customer presents a particularly high risk of money laundering, we should involve Enhanced Due Diligence (EDD). Failing one of the requirements of this procedure will lead to the account suspension.

If you think we suspended your account by mistake, contact our support and ask for a new examination of your case, we will be more than happy to help you.

Have a good day,
Instacoins

Rated 5 out of 5 stars

I used Instacoin to transfer money to…

I used Instacoin to transfer money to my stocks broker. They asked about verification documents. I emailed all the documents they asked for. I was calling them daily and they telling me that my wire still in process. Until I thought I was scammed. But after 4 days I had my money transferred and I received my full amount. It really need some time and understanding when dealing with money transfer during this time. I appreciate the help from Instacoin and I think they are a good company and will be a big name one day.

June 14, 2021
Unprompted review
Rated 4 out of 5 stars

Pretty good service

So as long as you follow all the details there is no problems with this service. Yes they charge a lot more than going rate for bitcoin but I received mine and had no issues after confirming my details (Twice yes) but they resolved my issues and made sure my money got to where it was supposed to be. I feel many of the ratings here were due to poor communication and not verifying their identity properly.

May 3, 2021
Unprompted review
Rated 5 out of 5 stars

Awesome service

Awesome service, fast reply, i had an issue with documents approval bu this was solved in a couple of minutes.

I was worried after reading all the negative reviews but i have to say i received an extraordinary service.

April 29, 2021
Unprompted review
Rated 1 out of 5 stars

This company is horrible

This company is horrible. They have very poor customer service. Brandon in customer support said he would help me, and then disabled chat so I wouldn't be able to write him again. They need to get a new support team. They also ignored my phone calls. When they can't fix your issues, they find a reason to block you.

June 16, 2020
Unprompted review
Rated 1 out of 5 stars

Luther

Luther
E-mail:

Brooke 16:18
Welcome to Instacoins Support. We hope you are doing well today?
Good day to you Luther. Thank you for waiting. We really appreciate your patience. I will be assisting you today, how may I help?
Luther 16:18
Hi Brooke)
its okay) my account approved))
Brooke 16:19
Oh, ok that is perfect!
Luther 16:19
I need something else for upgrade my account>?
Brooke 16:19
For now, there is no need for anything else.
Luther 16:20
Brooke , what limits have my account , can you explain me please)
daily , or weekly )
Brooke 16:21
So we have a maximum per transaction of $5,000 and a maximum per month of $50,000.
Luther 16:21
Ow its much ! its mostly for big buyers!
Brooke 16:22
Yes, that is correct but it is there for everyone as well just in case.
Luther 16:22
Your PERSONAL document has been rejected for the following reason:
""

Please click HERE to re-upload.
i get this message on my email ,what its mean ? i see like my account approved
Brooke 16:23
Allow me just one moment to have a look for you.
Can I just ask you to take a photo holding your passport in your hand, please?
And also a photo holding your card in your hand as well, please?
I have not heard from you for a little while, are you still available to chat with me?
Luther 16:28

you suspend my account?
its real company or its fake? u using my docs? or what its all mean?
Brooke 16:30
Thank you for the selfie!
I assure you that we are a real company we just needed to suspend your account for further verification, please.
Do you have a photo holding your card, please?
Luther 16:31
No way , its very strange why you suspend my account? its joke?:)
i never see before something like that , its very strange and im worry about my documents
and my own details
Brooke 16:32
Kindly note that your account has been suspended for further verification and I am looking into this for you.
Luther 16:33
Brooke im read rules before register , and i dont see this option in terms and conditions
can you explain me what goin on? and why all blocked?
Brooke 16:33
Yes, Luther, I understand but with some accounts, we need to do this as per our own policy.
I am looking into this for you as I have mentioned so please just bear with me one moment.
Upon further review, your account with us will remain suspended. As per our terms and conditions, we reserve the right to refuse service without further explanation.

Above are our aforementioned terms and conditions. This decision is final.
Luther 16:37

you are scam me?
O_o
Brooke 16:38
I assure you Sir that we are a very strict company and we would never scam our clients.
Luther 16:38

yeah but all peoples writing
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
close the card
scammers attack us!
all you feedbacks are very bad , that why u using my docs!
Brooke 16:39
I assure you that your card was rejected and we are not scamming you, Luther, we are a very secure company and we will never do such a thing.
Luther 16:39
Why all feedbacks are bad?
Brooke 16:40
We would need documents for verification of your account to make sure that nobody scammes our clients and their accounts are safe.
Luther 16:40
1 star: Bad
May 29, 2020
Terrible service
Terrible service, they blocked my account after working with them for some time and the reason for the block was: As per our terms and conditions, we reserve the right to refuse service without further explanation.

PATHETIC don't use them!
Brooke 16:40
I wouldn't know anything about this bad feedback you are referring to.
Luther 16:40
this guy write same like situations like me!
Read
They ask all my docs ,then from my card money was stolen! be aware!

June 8, 2020
Unprompted review
Instacoins Group logo

Reply from Instacoins Group

Hi Luther,
thanks for exposing our chat publicly, it shows how our customer support tried to solve your issue, while you were arguing about bad reviews we got from people complaining about the verification process, which is strict because we are a legit and licensed company.

We ensure the highest security for all our customers, to do this we strictly abide to the most recent Anti Money Laundering procedures. We also state this in our T&Cs.

In situations where a customer presents a particularly high risk of money laundering, the KYC process should involve Enhanced Due Diligence (EDD), which may involve:

- Collecting additional customer identification materials
- Verifying the source of customer funds
- Scrutinizing the purpose of transactions or the nature of business relationships more closely
- Implementing ongoing monitoring procedures

The above are the reasons why our agent asked for your details of selfie.
There is nothing fishy nor scam attempts, we simply apply the law as it is.

Have a good day,
Instacoins

Rated 1 out of 5 stars

Terrible service

Terrible service, they blocked my account after working with them for some time and the reason for the block was: As per our terms and conditions, we reserve the right to refuse service without further explanation.

PATHETIC don't use them!

May 30, 2020
Unprompted review
Instacoins Group logo

Reply from Instacoins Group

Hi Artan,

In situations where a customer presents a particularly high risk of money laundering, the KYC process should involve Enhanced Due Diligence (EDD), which may involve:

- Collecting additional customer identification materials
- Verifying the source of customer funds
- Scrutinizing the purpose of transactions or the nature of business relationships more closely
- Implementing ongoing monitoring procedures

Failing one of the above will lead to an account suspension. You can find all those details within our T&Cs.

Have a good day,
Instacoins

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