What is the deal with Coinxtraders? Surely it's a scam, right?

[WTFTX]

Has anyone ever used this exchange before? I can't find really barely any negative reports/scam reports on them anywhere online. As far as I can tell they run a fairly solid exchange. I have 0.5 BTC in an account with them right now, but they're asking for 0.022 BTC deposited before I can make a withdrawal. This screams scam to me, and you as well surely. But why is there not a single report anywhere? Surely someone would have said something if they were a scam?

Otherwise the site is completely functional, if this is actually a scam, it's absurdly well done.

Thoughts?

https://coinxtraders.com/

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[bL4nkcode]

That's common scheme of scam websites pretending to be an exchange. I don't know how and why you have balance there. But anything that ask xxx funds before you can withdraw is 100% scam.

[WTFTX]

That's common scheme of scam websites pretending to be an exchange. I don't know how and why you have balance there. But anything that ask xxx funds before you can withdraw is 100% scam.

Normally I 100% agree. But in this case specifically its so damn convincing. I've been scouring the internet looking for someone calling them out and I find nothing surely someone would have said something about it by now. All I can find are positive reviews dating back to 2016.

I talked to their live support, it's a real human and not a bot.

Damn these guys are getting elaborate, i'm nearing the point of just yolo'ing in 0.022 BTC just for shits and giggles.

[TheUltraElite]

So I did a search on the first few lines of their about page and I got the copy pasted...oh wait completely same site design and about page on these site too:

https://coinmarketc.com/about
https://trumblecoin.com/about and their shilling blog, https://newspay.net/trumblecoin-com-facts-and-history-of-creation/
https://bitundex.com/about

The guy called Justin Hance and that location is Australia is being copied between all these scam sites in the internet.

This is a definite sign of a scam, we have seen the same modus being followed by HYIP/Ponzi/MLM sites too and they have all been scam. Besides that deposit this much to get your money back statement is another obvious sign of being scam.

[noorman0]

It only took me 30 seconds to determine that this is a 1000% scam, how can I successfully register with a random email? 
Email: sdsda@ffaf.com
Password: sdsda@ffaf.com

I wouldn't bother looking for reviews elsewhere before trying their sign-up system.

[SFR10]

I can't find really barely any negative reports/scam reports on them anywhere online.
~Snipped~
But why is there not a single report anywhere? Surely someone would have said something if they were a scam?

I've been scouring the internet looking for someone calling them out and I find nothing surely someone would have said something about it by now. All I can find are positive reviews dating back to 2016.

In addition to other comments, you shouldn't be expecting a so-called exchange that was "created just nine days ago" to have any reviews ^{[especially a "real" one]}.
^{- Hopefully, this wasn't just a creative way to promote that "scam/fake" exchange.}

Domain Name: coinxtraders.com
Updated Date: 2021-06-01T14:04:26Z
Creation Date: 2021-06-01T12:03:49Z
Registration Expiration Date: 2022-06-01T12:03:49Z

[bL4nkcode]

^{- Hopefully, this wasn't just a creative way to promote that "scam/fake" exchange.}

Same thoughts about this especially when he said that he has .5 btc there, like how come you trust a random exchanges with such kind of amount.

It only took me 30 seconds to determine that this is a 1000% scam, how can I successfully register with a random email? 
Email: sdsda@ffaf.com
Password: sdsda@ffaf.com

I wouldn't bother looking for reviews elsewhere before trying their sign-up system.

This is normal, since you need to verify the email account on some time, but in that case you entered a random email, then there's no way to verify the account and can't use on some features. There are some website's registrations work like this, even here in bitcointalk.

[JeromeTash]

Normally I 100% agree. But in this case specifically its so damn convincing. I've been scouring the internet looking for someone calling them out and I find nothing surely someone would have said something about it by now. All I can find are positive reviews dating back to 2016.

How can you get convinced by someone who gives you 0.5 BTC for free out of nowhere but then asks you to send him 0.22 BTC in order to be able to own the 0.5.
That alone should be enough to alert you that it's a scam. Positive reviews can easily be faked. Don't trust them.

[Potato Chips]

This screams scam to me, and you as well surely. But why is there not a single report anywhere? Surely someone would have said something if they were a scam?

That's a very weak basis op. You don't need someone to say it is a scam for it to be branded as one especially when you have a much stronger evidence... There is a thing called first victims so if you are not seeing a single scam accusation from an obvious scam scheme that means it is still looking for one, not to mention that not everyone bothers to post about their story online.

Hopefully, this wasn't just a creative way to promote that "scam/fake" exchange.

Indeed. Op seems very cool about losing .5BTC which isn't right

Damn these guys are getting elaborate, i'm nearing the point of just yolo'ing in 0.022 BTC just for shits and giggles.

The thrown praises are off too, this could be their way of lowkey telling us there's a fair chance this could not be a scam.

[sheenshane]

.. But in this case specifically its so damn convincing.

I suspected that the 0.5BTC isn't yours and there's someone who asked you for help to withdraw his fund on the exchange that you have said.

I've done this before and almost convinced me to deposit first before I can withdraw the fund on the exchange that he said to me, and create an account to send his fund so that I can withdraw the Bitcoin.  But when I trying to withdraw, it says, I need to deposit first before the withdraw button will enable.  That makes sense to me and get alarmed to start to think that it was a scam.

Probably this case the same as the OP said and please tell us here if that is a case, because from the start, how you will trust the exchange deposit that big amount without knowing any feedback.

[noorman0]

This is normal, since you need to verify the email account on some time, but in that case you entered a random email, then there's no way to verify the account and can't use on some features. There are some website's registrations work like this, even here in bitcointalk.

I don't know if you have an exchange account (CEX) where you have traded that don't need email/phone verification when registering. All legitimate exchanges (that I use) do this. If an exchange is very concerned about security especially dealing with massive registrations (bot behavior) or other things that interfere with server performance, have area restrictions and avoid fraud such as multiple accounts, then the first thing that can be done is to immediately request verification.

Even if the exchange the OP is referring to is legitimate, I think this simple registration method is a sign that this exchange is not safe enough to deposit money and provide identity. Or maybe it's different from your opinion, I don't know.

[Hamphser]

Dont know if you are just trying to shill out this site or not but with just using your own common sense then you can determined automatically that this is a scam.

No legit exchange would be asking out some deposit just for you to withdraw some funds and im much sure that there are someone who do make out some pm and giving you out some BTC but for you to make withdrawal you would need to make deposits.

101% classic modus or schemes that are known into this market.So better avoid it.