rain.comReviews of rain.com

Ihad tried to withdrawmy funds using Bitcoin to send to CashApp. They said it triggered a tax hold. I was told that it must be paid to a Bitcoin address that they provided before they would release the funds. I asked the to just cancel my withdrawal request which the said that they couldn't. The also said that I couldn't use any crypto in my account to pay taxes with. (I still had funds that I didn't request to withdraw). How can they not stop a withdrawal request that hasn't been processed yet??? I had to take out a few loans to pay the tax. I had to get some extensions dates to pay and when I made the last payment, they hit me with a huge late fee. It was a little more than half what the tax was. I tried to contact them through their message service and of course it was down the whole day. When I finally got someone, I requested a waiver and they said that they couldn't intervene and that I had to pay the amount from their email. I requested to speak to a Supervisor to escalate the request up the chain and they just repeated that I had to pay what the email said and that "No one could interfere"! Not very professional and a borderline threat.

Be cautious when using Rain Exchange. It may seem appealing at first glance, but the hidden fees are outrageously high! I deposited $5,000 and after converting it to USDC, my portfolio was $120 short. I strongly recommend using other exchanges where fees are around $1 to $5. Losing $120 on such a small amount is absurd! I will never use this exchange again!

Rain claims "0% fees," but it’s a lie. They hide fees in a 5% spread (2.5% on buy/sell each way). Their excuses about sourcing and FX fees doesn't hold. Deceptive marketing to exploit customers. Avoid Rain, just use any other decent exhcange they all have 0,1%-0,2% trading fee.

Rain Exchange- RISK. Be WARE. This is a lengthy review so brace yourselves. When it comes to most crypto exchanges we know the customer service is typically average at best but Rain here has recently set the bar. I have been using RAIN for a year with adhoc transactions but recently made a deposit into my account which i utilized and transacted with. I used the funds between exchanges. A few days later Rain email me informing that my deposit was reversed by the bank because i entered an incorrect beneficiary name. This was surprising because I had already sent money to the same beneficiary name prior which wasnt reversed. To add to this, they stated this amount was reversed but i have not received the reversal in my account 2 weeks since and my bank has provided me with the SWIFT payment which i shared with RAIN exchange as proof of settlement. They have provided no evidence for the bank reversal. They have locked my account on a breach that happened on there side. It has been 2 weeks and all they can say is they are checking with the bank on there side. This is a HUGE risk, being that they claim they never received the funds by the bank but i was still able to transact. So whos money was i using on the exchange? Once this issue is resolved, which i am soon raising legal proceedings with soon if i am still waiting. I will close my account and utilize better regulated exchanges with safe protocols. Avoid for your benefit.

Tried withdrawing my funds and they kept asking for outrageous fees such as identification verification fee and blockchain fee. I would never use this ever again definitely a scam.

حرامية..ياخدون نسبة تحويل عالية جدا...الافضل ارسال الاموال ل بينانس او كراكين مباشرة

Without giving any any reason my account is denied, many times I asked what is the reason but they are in no mood to share the reason Simply i don’t understand

Used the app the exchange for a couple of months. Then when I went to withdraw funds, my account was frozen? And still haven’t saw any money. When I talked to online service they told me they don’t work in the US. This is a scam! Don’t use