Crypto Exchange Scam Risk Checker
Check if a crypto exchange is legitimate using verified data points from the industry.
How This Works
Uses verified industry data points: trading volume verification, security audits, and withdrawal success rates. Based on data from CoinMarketCap, ICORankings, and scam databases.
There’s a reason you’ve never heard of ZBTCEX in a serious crypto conversation. If you stumbled upon it through a YouTube ad, a Telegram group, or a friend who said, "This is the next Binance," stop. Right now. ZBTCEX isn’t a crypto exchange you can trust-it’s a digital ghost town with a fancy interface and zero real trading. And if you deposit money there, you might never see it again.
What Is ZBTCEX, Really?
ZBTCEX, sometimes called ZBT CEX, claims to be a centralized cryptocurrency exchange that started in 2017. It says it supports Bitcoin, Ethereum, and a few other coins. It has order books, price charts, and a login screen-everything you’d expect from a normal exchange. But here’s the catch: nothing on ZBTCEX is real. CoinMarketCap, the most trusted source for crypto data, has labeled ZBTCEX as "Untracked" since at least 2020. That means they’ve found zero verifiable trading volume, no proof of reserves, and no evidence that anyone else is actually trading on the platform. The same goes for ICORankings, a well-known crypto risk analyst site, which called ZBTCEX "risky and unproven" and warned users: "It’s not a hidden gem-it’s a dangerous risk." The platform looks real. But that’s the whole trick. It’s designed to fool new users into thinking they’re on a legit exchange. The charts move. The prices update. But behind the scenes? There’s no market. No buyers. No sellers. Just bots and fake orders.Why ZBTCEX Has No Trading Volume
Legitimate exchanges like Binance, Kraken, or Coinbase publish daily trading numbers. Binance does over $30 billion a day. Kraken clears more than $1.2 billion. Even smaller exchanges like Bitstamp report $400 million daily. These numbers aren’t guesses-they’re verified by third parties, audited, and publicly available. ZBTCEX? Zero. Nada. Nothing. Without volume, you can’t trade safely. If you try to buy 1 BTC on ZBTCEX, you might see a price of $60,000. But if you try to sell it later, there’s no one to buy it. The order book is empty. You’re stuck. And if you try to withdraw your funds? Good luck. ICORankings’ analysis found that ZBTCEX’s order books are likely filled with bots or one-sided trades-meaning the platform is faking activity to trick you into thinking the market is alive. In reality, you’re the only person trading. And when you try to cash out, the system freezes.Withdrawal Failures Are Common
This is where it gets dangerous. Users who deposit crypto on ZBTCEX often report the same pattern: First, they see fake trading activity-prices jumping, small orders filling. It feels real. Then, when they try to withdraw, everything falls apart. ScamAdviser.com and WalletRecovery.com have documented 17 complaints between January 2023 and November 2025. One user from October 2024 deposited 0.5 BTC (worth about $30,000 at the time). The platform showed fake trades, then blocked the withdrawal, claiming "KYC violations"-even though the user never uploaded any documents. Support vanished within 48 hours. There’s no customer service hotline. No live chat. No email response. No help desk. Just silence. Compare that to Kraken, which processes 99.7% of withdrawals within 15 minutes. Or Coinbase, which has a 24/7 support team and a public transparency report. ZBTCEX doesn’t even pretend to have any of that.
No Security, No Audits, No Trust
Legitimate exchanges don’t just rely on good intentions-they prove they’re secure. They get audited by firms like CertiK or Trail of Bits. They publish proof-of-reserves. They use cold storage. They have bug bounties and security teams. ZBTCEX does none of this. There’s no public security policy. No third-party audit reports. No information about where user funds are stored. No API documentation for developers. No transparency at all. And here’s the scariest part: If your funds are on ZBTCEX, there’s no way to verify they even exist on the blockchain. You’re trusting a black box with your life savings. And if the operators decide to disappear? There’s no legal recourse. No regulator watching. No insurance fund.ZBTCEX Is Part of a Bigger Scam Trend
ZBTCEX isn’t alone. It’s one of hundreds of similar platforms-mostly based in China-that look like real exchanges but have zero real activity. CryptoLegal UK’s database lists 214 such "reported scam companies" as of December 2025. Names like 24bitexup.com, 78excoin.com, and 7ebit Exchange follow the same pattern: flashy UI, fake volume, no withdrawals. Chainalysis reported in October 2025 that untracked exchanges like ZBTCEX facilitate $2.1 billion in illicit activity every year. That includes wash trading, pump-and-dump schemes, and outright exit scams. These platforms thrive on hype. They target people who don’t know how to check if an exchange is legit. They use social media influencers, Telegram bots, and YouTube ads to lure in new users. Once you deposit, you’re trapped.
What Happens If You Use ZBTCEX?
Here’s the reality:- You deposit crypto. It disappears into a black hole.
- You see fake prices and fake trades. It feels real, but it’s all theater.
- You try to withdraw. The platform says "KYC failed," "system maintenance," or just ignores you.
- You contact support. No reply. Ever.
- Your funds are gone. No one is coming to help.
What Should You Do Instead?
If you want to trade crypto safely, use exchanges that are transparent, regulated, and proven:- Coinbase - U.S.-based, regulated, insured, and trusted by millions.
- Kraken - Transparent volume reports, strong security, fast withdrawals.
- Binance - Highest volume, global reach, even if controversial, it’s verifiable.
- OKX - Operates in Asia, publishes daily volume, has proof-of-reserves.
- ZBX - Licensed under EU MiCA, publishes regular audits.
Final Warning: This Isn’t Crypto. It’s a Trap.
Crypto is volatile. It’s risky. But that doesn’t mean you should hand your money to a platform with no track record, no transparency, and no way out. ZBTCEX is designed to look like a trading platform. But it’s built to steal. The interface is a lure. The charts are a trap. The "deposits" are the bait. If you’re new to crypto, stick with the big names. If you’ve been told "ZBTCEX is the next big thing," walk away. You’re not missing out-you’re avoiding a financial disaster. The market doesn’t need another fake exchange. It needs users who know how to protect themselves. Don’t be the next victim.Is ZBTCEX a legitimate crypto exchange?
No, ZBTCEX is not legitimate. It’s been labeled "Untracked" by CoinMarketCap since 2020, meaning there’s zero verifiable trading volume, no proof of reserves, and no evidence of real user activity. Major crypto analysts like ICORankings have explicitly warned users to avoid it, calling it a dangerous risk and a potential scam.
Can I withdraw my crypto from ZBTCEX?
There is no verifiable record of successful withdrawals from ZBTCEX. Multiple users have reported depositing crypto-sometimes tens of thousands of dollars-only to be blocked from withdrawing. Common excuses include fake KYC violations, system errors, or complete silence from support. Once your funds are on the platform, they’re likely gone for good.
Why does ZBTCEX show price charts if there’s no trading?
The price charts on ZBTCEX are fabricated. They’re designed to create the illusion of a live market. Analysts have found that these charts likely show fake orders from bots or isolated trades with no real buyers or sellers. This is a common tactic used by scam exchanges to trick users into thinking the market is active when it’s not.
Is ZBTCEX regulated or licensed?
No, ZBTCEX is not regulated by any financial authority. Unlike exchanges like ZBX (licensed under EU MiCA) or Coinbase (regulated in the U.S.), ZBTCEX operates without oversight, audits, or legal accountability. It’s based in China, where many unregulated crypto platforms operate with no legal responsibility to users.
What should I do if I already deposited crypto on ZBTCEX?
If you’ve already deposited funds, stop using the platform immediately. Do not deposit more. Try to withdraw-but don’t expect success. Document everything: screenshots, transaction IDs, support messages. Report the exchange to scam-tracking sites like WalletRecovery.com and ScamAdviser.com. Unfortunately, recovery is extremely unlikely. Your best defense now is to learn from this and avoid similar platforms in the future.
Are there any safe alternatives to ZBTCEX?
Yes. Use well-established, transparent exchanges like Coinbase, Kraken, Binance, or OKX. These platforms publish daily trading volumes, undergo third-party audits, offer verified customer support, and comply with financial regulations where applicable. They may have fees or stricter KYC, but they give you a real chance to access your funds when you need them.
Albert Chau
December 10, 2025 AT 10:44Wow. Just... wow. I've seen sketchy exchanges before, but this one? It's like they hired a UI designer from a 2012 Flash website and gave them a crypto whitepaper to copy-paste. I once got a DM from a guy on Telegram selling me 'ZBTCEX VIP access' for 0.3 ETH. I didn't even reply. I just screenshot it and sent it to my crypto group with the caption: 'This is why your uncle lost his retirement.' You don't need a PhD to see this is a dumpster fire wrapped in a .com domain.
And the fact that they're still up? That's the real scam. Someone's making bank off ad revenue from people like me who click on YouTube ads saying 'ZBTCEX = next 100x'.
Stay away. Seriously.
And if you're reading this and you already deposited? You're not alone. But you're probably not getting your money back.
Sorry.
But you're wiser now.
That's something.
Madison Surface
December 11, 2025 AT 19:19I just want to say-this post made me cry. Not because I lost money, but because I know someone who did. My cousin, 19, got sucked in after a TikTok influencer said ZBTCEX was ‘the future.’ He sent his entire savings-$4,200-in ETH. He thought he was being smart. He thought he was ‘getting in early.’
He didn’t know how to check CoinMarketCap. He didn’t know what ‘proof of reserves’ meant. He just saw pretty charts and thought, ‘This feels right.’
And now he’s too ashamed to talk about it.
I wish someone had told him this post before he clicked ‘Deposit.’
Please, if you know someone young or new to crypto-send them this. Don’t let them learn the hard way. The market’s scary enough without fake exchanges preying on hope.
I’m so sorry, cousin. I wish I’d been faster.
But I’m here now. And I’m not letting anyone else get hurt like this.
Sue Gallaher
December 13, 2025 AT 02:17Look I dont care what some website says. If you think its a scam then dont use it. But dont go around scaring people with your fearmongering. I know people who made money on sketchy exchanges. They got in early and got out before the collapse. Thats how this works. You take risks. Thats why its called crypto not govcoin.
People like you are the reason legit projects get crushed by regulation. You want everything to be safe and regulated and boring. Well guess what. Crypto was never meant to be safe. It was meant to be free.
So if you wanna play it safe then stick to your bank account. But dont tell me what I can or cant do with my own money.
Also ZBTCEX might be shady but its not the only one. You think Binance is clean? Really? Come on.
Wake up.
Stop being a sheep.
And for the love of god stop crying about your losses. You got played. Move on.
Thats life.
Next.
Jeremy Eugene
December 13, 2025 AT 19:36While I appreciate the passion behind this post, I must emphasize the importance of distinguishing between anecdotal evidence and verifiable data. The absence of trading volume on CoinMarketCap is indeed a red flag, but so is the lack of any formal investigation by a regulatory body such as the SEC or CFTC.
As a professional in fintech compliance, I've reviewed hundreds of platforms. ZBTCEX exhibits multiple hallmarks of an exit scam: no public audits, no KYC infrastructure, no legal entity registration, and zero transparency in fund storage.
That said, I urge readers not to conflate this with the broader crypto ecosystem. The failure of one unregulated platform does not invalidate decentralized finance as a concept. It merely underscores the need for personal due diligence.
Always verify: check CoinMarketCap, review blockchain explorers, confirm domain registration, and never trust a platform that doesn't publish its legal jurisdiction.
Education is the only true wallet security.
Kathy Wood
December 14, 2025 AT 00:41HOW DARE YOU.
Some of us are trying to make a living here.
My cousin works at ZBTCEX.
He’s a developer.
He pays his rent.
He has a daughter.
And now you’re calling him a criminal?
He didn’t create the scam.
He just coded the front-end.
He didn’t know.
He thought it was real.
He believed the hype.
Just like you.
So don’t you DARE sit there and judge him.
Don’t you DARE call him a scammer.
He’s just a guy trying to survive.
And now you’ve ruined his life with your moral outrage.
How does that make YOU feel?
Good?
Powerful?
Like a hero?
Newsflash.
You’re not saving anyone.
You’re just screaming into the void.
And the worst part?
You’ll never know if you’re right.
Because the truth doesn’t care about your feelings.
And neither should you.
Stanley Machuki
December 14, 2025 AT 11:05Hey I just want to say you're not alone. I lost 2 BTC to a fake exchange last year. Same exact story. Fake charts. No withdrawals. Silent support.
But here's the good news: I learned. I started reading CoinGecko, checking audit reports, watching YouTube channels that explain how to verify exchanges. Now I only use Coinbase and Kraken. I even set up a hardware wallet.
It's not glamorous. It's not fast. But it's safe.
And guess what? I'm still making money.
Because I didn't chase the hype.
I chased the truth.
If you're reading this and you're scared? Good. That means you're awake.
Now go protect your next investment.
You got this.
And if you need help checking a platform? DM me. I'll help for free.
No judgment. Just real talk.
Stay safe out there.