Sistemkoin Crypto Exchange Review: Is It Safe to Trade or Store Crypto?

Sistemkoin Crypto Exchange Review: Is It Safe to Trade or Store Crypto?

Sistemkoin Withdrawal Risk Checker

Based on user reports and platform performance data, this tool assesses the risk of withdrawal issues on Sistemkoin. The results will help you understand if your funds might be at risk.

Assess Your Risk

Answer these questions to get your withdrawal risk assessment:

When you’re looking for a crypto exchange, you want three things: your money to be safe, withdrawals to work, and support to actually respond when something goes wrong. Sistemkoin promises all of that - but the reality tells a very different story.

What Is Sistemkoin?

Sistemkoin is a cryptocurrency exchange founded in 2017 or 2018, based in Turkey. It started as a local platform targeting Turkish users, offering trading pairs in USD, EUR, and especially TRY (Turkish Lira). At its peak in 2019, it listed over 140 cryptocurrencies and supported trading, staking, lending, and even initial exchange offerings (IEOs). It claimed to use Amazon Web Services for better security and speed, and it required KYC verification like most regulated platforms.

But here’s the problem: CoinMarketCap no longer tracks Sistemkoin. It’s labeled as an “Untracked Listing.” That means they can’t verify its trading volume, reserves, or activity. If a major exchange tracker doesn’t list you, it’s not because you’re too small - it’s because you’re not transparent enough to be trusted.

Trading Fees and Features

Sistemkoin charges a standard 0.15% fee per trade. That’s not bad - Binance charges 0.1%, Coinbase Pro charges 0.5%. On paper, it’s competitive. But fees don’t matter if you can’t get your money out.

The platform offers:

  • Spot trading across 385+ markets (as of 2019)
  • Lending for BTC, ETH, XRP, and USDT with interest payouts
  • Staking for select coins
  • Trading competitions with airdrops
  • API access for developers

None of these features are unique. Every major exchange offers them. What Sistemkoin doesn’t offer is proof it’s actually running them reliably. No real-time volume data. No audited reserves. No recent updates to its website or app. The API documentation is still hosted on GitHub, but it hasn’t been updated since 2019. That’s not innovation - that’s stagnation.

Withdrawal Problems: The Biggest Red Flag

If you’re thinking about depositing money into Sistemkoin, stop. Read this first.

On Sitejabber, 25 users left reviews. Most are one-star. The most common complaint? “I can’t withdraw my money.” One user wrote: “Why am I unable to withdraw my money? I really need it urgently - can someone please contact Sistemkoin and request them to return my funds?” Another said: “I lost a significant amount of money due to a series of issues with the platform.”

Trustpilot shows a 2.4/5 rating based on 19 reviews as of September 2025. The title of the top review? “Is it Safe and Legit?” That’s not a question you want to ask about your crypto exchange.

Even the few positive reviews are shaky. One user on WikiBit claims they withdrew $5,000 on October 1, 2025. But that’s the only one. And even that review doesn’t mention how long it took, whether they had to fight for it, or if support was responsive. One success story doesn’t cancel out dozens of failures.

A user’s phone screen glitches from sistemkoin.com to sistemkoin.us.com as coins trail away into fog.

Domain Confusion and Operational Instability

There’s more than one Sistemkoin website. Users report being redirected from sistemkoin.com to sistemkoin.us.com - without warning. One reviewer wrote: “I stopped trusting Sistemkoin when they disabled their website and moved to a new platform. Sistemkoinus.(com) without the users’ consent.”

That’s not a rebrand. That’s a sign of desperation. Legitimate exchanges don’t change domains without announcing it months in advance, updating all their communications, and ensuring users aren’t locked out. Sistemkoin didn’t do that. They just vanished from one site and appeared on another - and users were left confused, frustrated, and sometimes locked out of their accounts.

Customer Support: Silent or Slow?

Support is a make-or-break factor. If something goes wrong, you need help - fast.

On Sitejabber, users say they sent dozens of emails and tickets. No replies. Or replies that said nothing. “After countless attempts to get any form of resolution from their support team, I felt completely helpless,” wrote one user.

There’s one glowing review that says support on sistemkoin.us.com was “prompt and empathetic.” But again - it’s the only one. And it doesn’t say when it happened, or if the issue was ever fully resolved. One good experience doesn’t make a reliable support system.

How Sistemkoin Compares to Real Alternatives

Here’s how Sistemkoin stacks up against exchanges that actually work:

Sistemkoin vs. Top Crypto Exchanges
Feature Sistemkoin Binance Kraken Bybit
Trading Volume Verified No (Untracked) Yes (Top 1 globally) Yes (Top 10) Yes (Top 5)
Withdrawal Reliability High risk of delays or failures Fast, consistent, 24/7 Fast, audited, reliable Fast, with clear limits
Regulatory Compliance Unclear, no public licenses Licensed in multiple jurisdictions Licensed in US, EU, Canada Licensed in Dubai, Estonia
Customer Support Slow, inconsistent, often unresponsive 24/7 live chat, email, ticket system 24/7 support, detailed help center 24/7 chat, responsive team
Mobile App Quality Unknown, no recent updates Highly rated on iOS and Android Highly rated, full feature set Smooth, reliable, frequent updates

There’s no contest. Sistemkoin doesn’t just lose - it doesn’t even show up on the same field.

An outdated robot sits alone on a dusty server rack, its screen showing 'API Last Updated: 2019'.

Why Sistemkoin Is Still Around

You might wonder: if it’s this bad, why hasn’t it shut down?

Because there are still people who don’t know better. People who found it through a Google ad, a YouTube video, or a friend who “made money” on it. People who don’t check CoinMarketCap or Trustpilot before depositing. Sistemkoin survives on ignorance.

It also benefits from the Turkish crypto market. Turkey ranks among the top 10 countries for crypto adoption. Many locals want to trade in TRY, and Sistemkoin was one of the first to offer it. But now, Binance Turkey and Paribu offer better liquidity, lower fees, and real customer support. Sistemkoin didn’t evolve - it just waited for people to forget.

Final Verdict: Avoid Sistemkoin

Sistemkoin is not a scam in the classic sense - it doesn’t disappear overnight. But it’s not a trustworthy exchange either. It’s a ghost of a platform that used to exist. It’s stuck in 2019, with outdated tech, no transparency, and a trail of angry users who lost access to their funds.

If you’re thinking of using it:

  • Don’t deposit more than you’re willing to lose.
  • Don’t trust any “success story” - they’re outliers.
  • Don’t assume support will help you.
  • Don’t believe the domain change means it’s fixed.

There are hundreds of better options. Binance, Kraken, Bybit, Coinbase - all have proven track records, verified volumes, and responsive support. Why risk your crypto on a platform that’s barely holding on?

Sistemkoin isn’t the future of crypto. It’s a warning.

Is Sistemkoin a scam?

Sistemkoin isn’t a classic scam that vanishes overnight, but it exhibits many red flags of a high-risk platform. It has no verified trading volume, inconsistent withdrawal processing, domain changes without notice, and hundreds of user complaints about locked funds. While it may still operate in some form, it fails basic trust standards for any crypto exchange.

Can I withdraw my crypto from Sistemkoin?

Many users report being unable to withdraw funds - some for weeks or months. While a few claim success, these are rare exceptions. The overwhelming pattern across review sites like Sitejabber and Trustpilot is withdrawal delays, unresponsive support, and lost access. Treat any withdrawal as uncertain until proven otherwise.

Is Sistemkoin regulated?

There is no public evidence that Sistemkoin holds any financial licenses or regulatory approvals from Turkey or any international authority. It claims to follow KYC/AML rules, but without oversight or audits, these claims cannot be verified. In contrast, exchanges like Kraken and Binance are licensed in multiple countries.

Why does CoinMarketCap not track Sistemkoin?

CoinMarketCap only lists exchanges that provide verifiable trading data, liquidity, and transparency. Sistemkoin fails to meet these standards. Its “Untracked Listing” status means its volume, reserves, and activity cannot be confirmed - a major red flag for any serious trader or investor.

Should I use Sistemkoin if I live in Turkey?

Even if you’re in Turkey and want to trade in TRY, Sistemkoin is not the best choice. Binance Turkey and Paribu offer far better liquidity, lower fees, verified support, and regular updates. Sistemkoin has not kept pace with the market and offers no advantage over these alternatives. Stick with platforms that are actively maintained and regulated.

What happened to sistemkoin.com?

The original domain, sistemkoin.com, appears to have been abandoned. Users were redirected to sistemkoin.us.com without clear communication. This kind of unannounced migration is a sign of poor operations and lack of user care. Legitimate exchanges don’t change domains without warning - especially not when users have funds on the platform.

What to Do Next

If you already have funds on Sistemkoin, try contacting support - but don’t expect much. Document everything: screenshots, emails, ticket numbers. If you can’t get your money out, consider reporting it to your local financial authority or consumer protection agency.

If you’re thinking of signing up - don’t. There are dozens of reliable, transparent exchanges with millions of users and proven track records. Your crypto is too important to risk on a platform that’s barely holding on.

Choose safety over convenience. Choose transparency over promises. And choose an exchange that’s still alive - not one that’s just pretending to be.