finexbox is scam

[dzmlt]

Hello everyone , so i was trying to mine NBX and the only exchange i find was Finexbox so i gave it a try i mined only about 1200 , i exchange it to btc then to ltc that would be 0.01LTC despite teh fact they HAVE HUGE WITHDRAW FEEs they are also scam and won't give you your money , they didnt let me add a Withdraw Address , so i stoped mining to them

[bL4nkcode]

Is it an exchange? I'm not familiar with it really.

Btw please follow the format of reporting scams

Code:

[b][color=black]What happened:: [/color][/b]

[b][color=black]Scammers Profile Link: [/color][/b]

[b][color=black]Reference Link: [/color][/b]
[b][color=black]Amount Scammed: [/color][/b]
[b][color=black]Payment Method: [/color][/b]
[b][color=black]Proof of Payment: [/color][/b]
[b][color=black]PM/Chat Logs: [/color][/b]
[b][color=black]Additional Notes: [/color][/b]

[AB de Royse777]

I tried to find some review about this exchange and seems like all of them are from those ICO listing sites and guess what; there are no worry mention in those reviews. It's sad that those review websites simply does not care about the crypto users. They just take money and put the stuffs their employer wants.

See:
https://www.cryptowisser.com/exchange/finexbox/
https://www.cointelligence.com/exchanges_list/finexbox/
https://coincodex.com/exchange/finexbox/


However, this is something I found in BitcoinTalk and it does not look good.
https://bitcointalk.org/index.php?topic=5123795.0

Sorry to hear your lose OP

[hugeblack]

Sorry for your loss, but do not rely on reviews on central sites, most of them are paid.
This platform is known to contain a lot of manipulation, No KYC, and more.
If you search using this forum you will find a lot of negative signals, to name a few:

 - Ridiculously large fake volume on FinexBox
 - is Finexbox safe and legit?

Before using any platform, search in this forum (on any decentralization forums.) If you can not find an answer, ask your question.

[CryptoBuzzerd]

this is totally scam exchange, they decline all withdrawals, support not answer at all.

[JeromeTash]

this is totally scam exchange, they decline all withdrawals, support not answer at all.

There are so many reviews online if you had done a little search which point to Finexbox being a scam exchange. It's always important to do a little research about online services before using them because there are lots of scammers just waiting for any ignorant user to send them money.
Sorry for your loss but it should be a lesson.

[biblioteczny]

Finexbox is scam project.

[r34tr783tr78]

Glad that you had a small amount and at least your thread will help others avoid trusting them. As other wrote they have several accusations and complaints. You can always go after them and post on other sites against them but your amount doesnt justify the time. But dont forget to send them an email with a link to this thread.

[ethereumnews]

I wish I had seen this thread earlier. I deposited some altcoins here as some small projects had their coins / tokens listed here. Later I came to know that Finexbox is not processing deposits and withdrawals. Latest reviews on trustpilot and other crypto portals, omgaltcoin.com, cryptowisser.com suggest that they are not even sparing developers who had their projects listed there.

[gullu]

Is it true? Few months back I had used this exchange to sell some of the GTX tokens that I had with me and everthing went fine. They are charging 0.1btc from projects to list the token in their exchange. Its a little difficult for me to believe that its scam. Can you provide any proof regarding your claim?

[XZERO1]

Always do your own research before registering specially for a new exchange and start depositing any amount of funds there and I'd even say totally avoid them over all at least until they get enough reviews and have some reputation to trust them with.

With new exchanges it's always extremely risky since some of them can be a straight scam and some other ones are just shady and would freeze your funds for made up excuses and refuse withdrawal, ask for KYC while it was not required before and wasn't mentioned in the exchange TOS and many other issues that you can face along the way while using their exchange, also almost any kind of cloud mining is scam and cloud mining business is dead for years now and there is no long-term way of making cloud mining profitable for both owner of the platform and their investors.

[Rikafip]

Always do your own research before registering specially for a new exchange and start depositing any amount of funds there and I'd even say totally avoid them over all at least until they get enough reviews and have some reputation to trust them with.

Finexbox is not exactly a new exchange, they've been around for a few years, but they are in a group of dodgy ones that hosted bunch of shitty IEOs, are ready to list just about anything that is willing to pay a fee, and don't care much about legitimacy of altcoin projects,, like Vindax, P2PB2B and similar.

Problem is when people get some shitty altcoins, and they have no place to sell them other than equally shitty and dodgy exchanges, and then you get problems like this. It can all be avoided if people simply stick to top altcoins, if BTC is not enough for them (I know it is for me).

[Luci0gabsan]

Pay attention about fees! The withdraw fees table is not updated! Some example DOGE fee is 10 but the real is 100 , TRX/tron said 10 real is 500 and so on! If you have no deposit you can't know the real fee ... so that: KEEP OUT!

[yousseph]

To this date May 17, 2023 (finexbox) is totally a scam exchange. They decline all withdrawals, support not answer at all. I mined only 102 papry coin and stopped there to test if they will allow me to withdraw my coin. 7 days past and nothing was sent. No support. Totally scam exchange. I reported finexbox account on twitter. I hope more people report them so they stop scamming people and be out of business.

Edited. I could withdraw my funds. Not a scam exchange. Teck support resolve the issue. Thumb up.

[JeromeTash]

To this date May 17, 2023 (finexbox) is totally a scam exchange. They decline all withdrawals, support not answer at all. I mined only 102 papry coin and stopped there to test if they will allow me to withdraw my coin. 7 days past and nothing was sent. No support. Totally scam exchange. I reported finexbox account on twitter. I hope more people report them so they stop scamming people and be out of business.

What were you still doing with an exchange that has so many negative reviews about being a scam?

A simple research would have saved your funds.
Reporting their Twitter account will not help. Maybe get a group of victims and try to report the domain to the domain registrar and Google Safe Browsing. You could also involve law enforcement authorities if possible

[yousseph]

To this date May 17, 2023 (finexbox) is totally a scam exchange. They decline all withdrawals, support not answer at all. I mined only 102 papry coin and stopped there to test if they will allow me to withdraw my coin. 7 days past and nothing was sent. No support. Totally scam exchange. I reported finexbox account on twitter. I hope more people report them so they stop scamming people and be out of business.

What were you still doing with an exchange that has so many negative reviews about being a scam?

A simple research would have saved your funds.
Reporting their Twitter account will not help. Maybe get a group of victims and try to report the domain to the domain registrar and Google Safe Browsing. You could also involve law enforcement authorities if possible

I could withdraw my funds finally. Not a scam exchange. Teck support resolve the issue. I am not sure is it because I left a negative review in youtube and emailed it to tech support that i want my coins back, or is it a trick to make me deposit more funds again. I am confused now because I don't like to report an exchange that they took my fund but in fact they processed my request and paid me. It took a few days, but my fund was not taken away from me. Anyway this exchange withdrawal system is super slow and done manual but they did mention that in their website. To be safe I will steer away from this exchange

[semsem86]

I don't write good or bad, I only post my experience
- have been using them for a while and usually get my withdrawals after 24 hours, but today my withdrawal is late
- withdrawal fees page not updated and few coins listed on it
- you cannot know withdrawal fees until you have balance in that coin
- fake trading to increase volume to show up higher in CoinMarketCap ( like many exchanges )
- all fake trades between bid and ask price and keep up and down in this range until real user make buy/sell with the current bid/ask price
- support email sometimes reply after few days and sometimes no reply at all

DGB Withdraw History
Record ID   Amount   Actual Amount Arrived   Time   Status
1855024   92.73220000   82.73220000   2025-04-30 17:48:39   Waiting to be confirmed
Wallet Address
TXID
D6DiYgr8EnHZBCzfBBu4CnTWTmaovF2X2V
InProgressOfWithdrawWillUpdate15minto24Hours7097670466A82.73220000
1854269   90.80000000   80.80000000   2025-04-19 23:10:34   completed
Wallet Address
TXID
D6DiYgr8EnHZBCzfBBu4CnTWTmaovF2X2V
337f6e8ad06814a38560953ef40f3c9219874263fe6d2d2f151e47a93c3d1899
1854170   91.61640000   81.61640000   2025-04-16 18:01:34   completed
Wallet Address
TXID
D6DiYgr8EnHZBCzfBBu4CnTWTmaovF2X2V
48ce1620f24439d01f00737fa5c1509f7f1e32cdc7ea83493c3ae5cd3308a721
1854121   94.32700000   84.32700000   2025-04-13 15:41:35   completed
Wallet Address
TXID
DMKiC3EhhjbQxb3JTy1XfU6LZMKR5X2pgM
c8e014d24771d9ed1c37fd2b6beb6c8ee769e831bd12113cc0b9748a56e17196
1854032   98.80000000   88.80000000   2025-04-10 15:16:41   completed
Wallet Address
TXID
DMKiC3EhhjbQxb3JTy1XfU6LZMKR5X2pgM
c3f95a5adfdf6327d36fcff0b315ead74dd4afa9515d8ed92cfe1f843836a837
1853907   142.70000000   132.70000000   2025-04-08 00:35:15   completed
Wallet Address
TXID
DMKiC3EhhjbQxb3JTy1XfU6LZMKR5X2pgM
98a88e49e885b84e393751279b198c4e9c4bf2593bc3bdb5e36a50dd30d66d62

[albon]

I don't write good or bad, I only post my experience
- have been using them for a while and usually get my withdrawals after 24 hours, but today my withdrawal is late
- withdrawal fees page not updated and few coins listed on it
- you cannot know withdrawal fees until you have balance in that coin
- fake trading to increase volume to show up higher in CoinMarketCap ( like many exchanges )
- all fake trades between bid and ask price and keep up and down in this range until real user make buy/sell with the current bid/ask price
- support email sometimes reply after few days and sometimes no reply at all

Thank you for sharing your experience, but you should know that this CEX has a very bad reputation. I’ve attached just 4 sources, but many more complaints and review sites have rated this platform extremely poorly, which strongly suggests it is a scam.. You may be lucky to have completed five transactions with them, but you shouldn't trust them too much, or you may regret it. I honestly don’t understand why you’re still sticking with this CEX despite all the warnings and negative ratings it has received.

From my perspective, your experience indicates a bad one, and it suggests avoiding the use of this exchange altogether. Also, platforms with fake or unverified trading volumes should always be avoided.



SOURCES: [1] - [2] - [3] - [4]