RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

[SCAM Alert] C-CEX

[SCAM Alert] C-CEX Exchange Review

Centralized

[SCAM Alert] C-CEX Overview

  • C-CEX is claimed to be an operating exchange (since some exchange platforms mention C-CEX when they refer where to find the listing of a particular token), however, at the moment C-CEX doesn’t have an existing website. There is very little information on the details of the exchange, and no news from the founder (aka Yuriv Ivanov, said to be linked to Ukraine). Currently, the only source about C-CEX seems to be the users who have written numerous negative cases in the comment section of blogs and other exchanges or on twitter. These negative comments vary from security to maintenance issues.

    Looking at the issues closely, many of the comments from users state that people were not able to withdraw their cryptocurrencies due to C-CEX deleting the coins from users’ accounts. The purchase and the withdrawal histories have been altered or deleted. This wasn’t a regular hack, instead, this was a purposeful interference with individuals’ earnings. The deleted coins were sent to C-CEX’s own account without the permission or the knowledge of their users. Many users tried to contact the exchange, but their effort was useless. Some other cases included website frequently giving a maintenance error, the payment fees being hefty (ranging from 3% to 16%), and having a plethora of altcoins with a lack of due diligence control. Moreover, looking at the previous images of the website, we could see that the website design was not user-friendly, as bid-offer order was reversed and the transaction history was at the very bottom of the listing.

    Therefore, it’s proper to conclude that C-CEX is a scam, as many users have claimed before due to their inconvenience.

    [SCAM Alert] C-CEX Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      0.001 BTC

      • [SCAM Alert] C-CEX Total Trading Pairs

        4

        • [SCAM Alert] C-CEX Margin Trading

          No

          • [SCAM Alert] C-CEX Deposit fees

            Desposits free of charge

            • [SCAM Alert] C-CEX Fiat Deposit

              Yes

              • Accepted Payment Method

                None

                • [SCAM Alert] C-CEX Native token

                  No

                  • Native token smart contract

                    N/A

                    • [SCAM Alert] C-CEX Trading Markets
                      • [SCAM Alert] C-CEX Stablecoins trading

                        N/A

                        [SCAM Alert] C-CEX Withdrawals

                        • Daily Withdrawal Limit

                          Unverified: 1,000USD daily, 3,000USD monthly. Verified: unlimited

                          • [SCAM Alert] C-CEX Withdraw fees

                            Withdrawals free of charge

                            • [SCAM Alert] C-CEX Withdraw fees discount

                              N/A

                              • Proof of Reserves

                                N/A

                                [SCAM Alert] C-CEX Exchange Rating Analysis

                                Last edit 18.07.2019

                                • The most important thing you need to know about C-CEX: This exchange has exit-scammed its customers and we strongly recommend against staying away from it. C-CEX experienced a hack on 10 September 2018 losing all DOGE and LTC coins. Afterwards, the exchange started to reduce the amount of coins they offer gradually. Their website still wrongfully claims they are offering 100 different tokens, at the moment there are just 3. Website is raw and difficult to operate. The team behind C-CEX is completely anonymous, even the country they operate from was not disclosed to the public – although online searches, alongside this dedicated call-out Twitter account claim the team is from Ukraine. Overall, this is a prime example of an exchange to stay away from like fire, and the ugly side of the young crypto industry.

                                  [SCAM Alert] C-CEX Exchange Additional Information

                                    • [SCAM Alert] C-CEX Headquater

                                      Ukraine

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