Exchange name: crex24
Website link: https://crex24.com
Bitcointalk ANN thread link: https://bitcointalk.org/index.php?topic=2101721.0
Profile link: https://bitcointalk.org/index.php?action=profile;u=1113444
Support Flag here: https://bitcointalk.org/index.php?action=trust;flag=929

Today I am going share some information about a crypto currency exchange which name is crex24. I can't take my decision what to call them "Scammer" or "Shelter house of scammer". This exchange have listed lots of scam ICO projects and their listing process still going on. They don't care about fake team, plagiarized whitepaper or other scam evidence of any projects. Just for letting everyone know i am going to share information about 2 ICO projects which are proven scam but get listed on this exchange.




Those 2 ICO have already proven as scam and got valid proof against them on bitcointalk scam accusation section about their fake team and plagiarized whitepaper. please take a look on below accusation links,

EJOB scam accusation: https://bitcointalk.org/index.php?topic=5045327.msg46645882#msg46645882
ALCUP scam accusation: https://bitcointalk.org/index.php?topic=5122859.0

It is to notify all that our forum member made report on their ANN thread about the scam accusation against these scam ICO but they don't feel it necessary to give appropriate answer.

https://bitcointalk.org/index.php?topic=2101721.msg50364300#msg50364300

I can't believe how could a exchange do something like this. Its really concerning that they don't care about investors safety. Those listed scam ICOs volume is so negligible on their exchanges. Its completely a clear example of encouraging scam IMO. I hope our community user will stay far from this exchange and whereas they have ANN on bitcointalk so proper actions should be taken against them.

Crex24 is in a way misleading invertors to buy and sell scam tokens on there website which is purely shaddy business. Even after many users complaing about there scam projects listing on the thread they have changed nothing yet. More and more projects are getting add everyday as you could see update on the ANN. I could bet 50% for those are Ponzi and Exit Scams.

I think the team atleast should respond about the issue here.

If not a red-tag from DT would surely help.

I am not sure this accusation and tag how will help people's. I don't think people's will care about tag especially for like that exchange. Because people's always come after get scam.

However OP investigation look like valid to me. I just now read threads mentioned by OP and seems this exchange isn't friendly to answer users questions. Most likely they are getting few bitcoin to list any token. They are not care about investors or traders. An exchange should investigate nicely before list any new coin especially if centralized exchanges. Whoever trading there that means they trust this exchange and they shouldn't break people's trust.

Added one more tag let's wait for their response. I have added this thread as a reference link.

Which is not the appropriate action once you learn something like that.

Truth of the matter is none of these small exchanges even care what projects they list. As long as their fees are paid everything is peachy.

And it's not a project or two, they have listed literally hundreds of scam projects - mostly masternodes.

Here's a scam project being dead for a few months now and still being "traded" on crex24 @1sat; Alpenschilling.

Their only attention is just to get the payment amount for listing on their exchange. They don't care about the scam accusation and evidence which already proven against their listed project. We can easily say that its a store house of scam ICO projects.

Yeah its really surprising to see their activity like this where they should care about their investors but they are doing totally opposite. Its too much concerning to have crypto exchanges like them. Honestly I believe committing scam or encouraging is relatively similar. Thanks for being the first DT member to take proper action against crex24 bitcointalk profile. I hope at least investor will keep them far from this exchanges after seeing the red trust on their profile.

Isn't it one thing to just "list" a project after the team has paid the listing fee and another thing to "promote" it in any way?
For example Crypto-Bridge has a "benchmarking" system to mark some coins/tokens as high quality. (https://wallet.crypto-bridge.org/benchmark)
Would you call Crypto-Bridge shady or untrustworthy if they listed a scam coin which they have not marked as "benchmarked"? Personally I wouldn't, because they haven't give me any sort of investing advice. However if they ever mark a coin as "high-quality" and it turns out a scam, only then I won't ever trust their system again.

I believe it should be up to the users to do their research before buying any random coin. I see exchanges as a middleman and I always act with the belief that they haven't filtered any of the coins they add (with only exception maybe being Coinbase and Kraken, I tend to view whatever is listed there with a positive bias).
If we were to judge exchanges based on what they list, that'd leave much open for personal opinions.
For example I believe that BCH is a scam... some others believe XRP is a scam... Or are we going to consider scams only the projects that dump their premines the moment they hit the market? All the projects that slowly steal people's money are consider OK? If that's the case then is any exchange supposed to predict that outcome?
Or should an exchange accept the warning of the community before listing a coin? Just like a lot of BCH-supporters are calling BTC a fake, I'm sure something similar will be happening with smaller-cap coins. What is an exchange supposed to believe?

And one last point...
If exchanges were to filter the coins they add, then that'd be like marking the coins they list as safe. Legally I believe it's better for exchanges to either be very strict or to stick to "we accept everyone who pays the listed fee". Right now we have exchanges of both those types.

Its just not only keeping their investor on a risky zone but also a way to encourage scammers. "crex24' exchange have already so many issues about scam ICO project listing and its really concerning for whole crypto universe. I have seen so many times When someone got scammed from a crypto related investment at that moment he start to believe that crypto is a scam game. But its completely a wrong thinking where crypto currency is a good luck for worlds economy. Basically because of being scammed those person put negativity about crypto currency. As like as it crex24 is destroying other crypto exchanges reputation.

I believe users of that exchange will be stay far to keep their fund safer. Its obvious that these exchanges are just care about the listing fee not think about their investor security. So its better to stop trading on this kinda scam supporter crypto exchange.

Its easy to understand their intention from their rare reply. They are showing excuse that all their past scam ICO listing was a slight mistake. What a joke? Now they are trying to say that they will proper take action against this kind of project.lol

Its really strange where they feel it necessary to give replies about this issue after getting tagged by forum DT members. So its pretty much simple that because their activities get caught thats why they want to make a solution here otherwise they don't bother about the listing of scam ICOs. I hope others will share their thoughts about this crypto exchange where its really hard to find investment safety here IMO.

Possibly, they are doing same. Not sure if they are offering IEO or not, but something is wrong there. Who know if they are creating projects themselves are selling on their own exchange like IEO. Otherwise it doesn't make sense to keep listed that kind of shit coins. Who really care about investors nowadays? Everyone are busy put money on own pocket.