Xmuskcoin.com crypto exchange claims to be Europe’s leading exchange. However, considering their registration in 2023, that’s highly unlikely. 

Even though they advertise the availability of more than 200 crypto assets, the reliability of those details is questionable. Firstly, because the company runs multiple brands, all with the same goal. To extort as much money as possible from customers and vanish. Luckily, our detailed Xmuskcoin.com review can keep you safe.

Legal Info: Is Xmuskcoin.com Legit Or A Scam?

We will avoid the small talk and tell you that the Xmuskcoin.com exchange is an absolute scam. Firstly, the company is not regulated by any trusted authority. For example, BaFin, ASIC or CFTC. On top of that, they are hiding ownership and headquarters details. However, there are indications in their T&Cs that they could be located in Malta.

Another clear sign this is a scam is that the company is using exactly the same advertisement for multiple brands. All brands have the same conditions and the same 24-hour market volume of $69M. As proof, you can check Jamblex.com, Koypex.com, Koygex.com, and Boolwex.com reviews.

Who Are Xmuskcoin.com’s Victims?

According to the who.is database, this domain was registered in late September 2023. Since then, the company has mainly targeted victims from: 

It looks like the company is doing false advertising with celebrities. In this case, Elon Musk, which is not a rare thing among scammers. If you recognize any of these Xmuskcoin.com scam tricks, get in touch with our team for advice.

Investment Costs With Xmuskcoin.com

One of the leading issues with unregulated investment companies is trading costs. Generally, companies without monitoring can easily make up any cost they want. Nobody is going to stop them.

Nevertheless, this firm presents its trading fees transparently. Depending on your level within the company, you can get between 0.075% and 0.035% in maker fees. But also between 0.075% and 0.045% taker fees. Faily, these are quite competitive and attractive fees. Thus, without any credibility.

Bonuses

You would hear about a deposit bonus if you were ever involved with any scam firm. In the case of Xmuskcoin.com crypto fraud, that’s not the case. They viciously rip you off without those tricks. But keep in mind that any bonus offer has some hidden clauses as well.

Xmuskcoin.com Trading Features

Digging through the company’s website just brings more and more irregularities. In fact, everything they offer looks fictive. Starting with their trading platform and limited features. They only offer basic exchange features, with limited charting and analytical tools.

Trading Platforms Available

Usually, trusted crypto exchanges offer reliable desktop and mobile apps. But also hot and cold wallets. In the case of this bogus swindler, that’s not a part of the deal.

Instead, traders will have to use a web-based platform, which is highly suspicious. Not to mention, the company’s employees could easily control it. Therefore, if you see unexpected wins or losses, don’t bite it.

Available Trading Assets

Tradeable assets with scam firms are the last important thing. After all, it’s all fictive, and physically you are not buying any crypto. Anyway, this firm claims to offer more than 200 assets. Among these, you can trade: 

• BTC
• ETH
• LTC
• DOGE
• SHIBA and many more

Account Types

Typically, account types with trading firms bring you certain benefits. Of course, that requires a customer to trade more. In the case of Xmuskcoin.com company, you’ll have to reach 30 BTC in the trading volume to get lower fees.

Also, there are some other benefits for Premium account users. But, of course, conditions and detailed benefits remain hidden. Is it just a trick to get more money from a customer, or is it really something valuable? We wouldn’t test.

Mobile Trading App

Another key disadvantage of this company is a lack of iOS and Android apps. Therefore, none of the security measures can be 100% guaranteed. If you are a mobile trader, we strongly suggest you check our Kuex.com review. It reveals some tips on choosing the right tools and platforms. But also brokerages.

Demo Account

Demo accounts with crypto exchanges are rarely seen. Yet, many exchanges offer transparent access to their platforms. This way, traders have ensured insight into the trading tools, indicators, and charting features. 

Sadly, with Xmuskcoin.com firm, all that is missing.

Education

If you were expecting to learn how to trade cryptos with this company, forget it. They are not here to help you earn money. But just to rip you off. Otherwise, they would provide you with a wide range of educational programs to help you maximize your profits.

Xmuskcoin.com Withdrawal

As it seems, withdrawal requests are processed fast when you are a VIP member. Thus, how fast remains unknown. Since the crypto payments are the only available method, keep in mind those transfers are irreversible.

Even though the company has all the fees transparently presented, there may be some hidden fees. After all, the company is not licensed, and you can expect various obstacles. Very often, you will see companies requiring traders to pay extra fees or even taxes. Firstly, taxes are paid to the government and not the company. Secondly, if there’s something to pay, they could deduct it from profits. Isn’t it?

Customer Support

Another disturbing fact is that the company doesn’t offer any contact details. That tells you enough about their transparency and legitimacy. Possibly, some active users have some way of communicating with them. But other than that, you don’t have any way to get in touch with them.

Key Information To Consider About Xmuskcoin.com

All in all, the company has raised mysteriousness to another level. Almost all relevant details are hidden. But even those revealed can’t be trusted due to missing regulations. Therefore, you might as well sleep over their offer and think about it tomorrow.

But if you were already their victim, you can feel free to contact us any time. Our refund team can analyze your case and provide you with a detailed refund strategy. Most importantly, the first consultation is free of charge.

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