[SCAM Alert] ExtStock

[SCAM Alert] ExtStock Exchange Review

Centralized

[SCAM Alert] ExtStock Overview

  • ExtStock is a cryptocurrency exchange platform established in February 2018 that allows users to buy and sell major cyptocurrencies with fiat money.

    UPDATE May 5, 2020: In early April of 2020, reports began to surface of ExtStock holding user funds and refusing to allow withdrawals. When customers attempted a withdrawal they were told that their account was frozen due to "suspicious activity." One user was told that a Romanian police officer had requested that they take "necessary measures" against their account. The user in question had absolutely no ties to Romania. Other users have reported a similar pattern of "suspicious activity" and police requests.

    During this time, the exchange has continued to tweet and otherwise display normal online activity. Users who have attempted to complain on Twitter have found their accounts blocked.

    In researching this exchange, we found that the company registered as the operator of this exchange in the UK is Exchange Cloud Limited, and the person in control of that company is Oluwasegun Oni. A review of his LinkedIn shows an extensive work history but no mention of this exchange. If the exchange was as successful as they claim, we would expect him to proudly display it in his work history! That said, our research did not turn up any other suspicious behavior on his part, so far.

    ExtStock is also accused of reporting inflated volume. Their bitcoin price is higher than on other exchanges, which is inspiring users to transfer their funds to the exchange in hopes of selling at a profit, only to find their BTC locked into the exchange due to the aforementioned accusations of "suspicious activity."

    While we cannot find conclusive proof that ExtStock is planning an exit scheme or suffering from a lack of reserves, we do find their behavior concerning enough to mark it as a SCAM and warn users not to transfer their funds to this exchange.

    [SCAM Alert] ExtStock Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      64,078.96 BTC

      • [SCAM Alert] ExtStock Total Trading Pairs

        20

        • [SCAM Alert] ExtStock Margin Trading

          No

          • [SCAM Alert] ExtStock Deposit Fees

            None

            • [SCAM Alert] ExtStock Trading Fees

              0.2%

              • [SCAM Alert] ExtStock Fiat Deposit

                No

                • Accepted Payment Methods

                  N/A

                  • [SCAM Alert] ExtStock Native Token

                    No

                    • Native Token Smart Contract

                      N/A

                      • [SCAM Alert] ExtStock Trading Markets
                        • [SCAM Alert] ExtStock Stablecoins Trading

                          N/A

                          [SCAM Alert] ExtStock Markets Data

                          Market Price Volume (24h) Change (24h) Last update
                          BAT/ETH Ξ 0.001234 BAT 1,291,647.0

                          Ξ -0.000048

                          -3.75%

                          2020-07-03 12:34:27
                          BCH/BTC Ƀ 0.02443 BCH 69,761.6

                          Ƀ 0.00015

                          0.62%

                          2020-07-03 12:34:06
                          BCH/EUR € 227.62 BCH 113,243.9

                          € -0.52

                          -0.23%

                          2020-07-03 12:34:14
                          BCH/GBP £ 205.10 BCH 18,110.9

                          £ -0.88

                          -0.43%

                          2020-07-03 12:34:03
                          BCH/USD $ 255.81 BCH 256,755.2

                          $ -1.90

                          -0.74%

                          2020-07-03 12:34:25
                          BTC/EUR € 9,321.66 Ƀ 3,009.04

                          € -48.65

                          -0.52%

                          2020-07-03 08:34:42
                          BTC/GBP £ 8,398.60 Ƀ 673.36

                          £ -54.54

                          -0.65%

                          2020-07-03 08:34:40
                          BTC/USD $ 10,474.0 Ƀ 15,158.1

                          $ -119.35

                          -1.13%

                          2020-07-03 08:34:46
                          ETH/BTC Ƀ 0.02496 Ξ 86,814.2

                          Ƀ 0.00011

                          0.46%

                          2020-07-03 12:34:15
                          ETH/EUR € 232.30 Ξ 99,981.9

                          € -0.70

                          -0.30%

                          2020-07-03 12:34:07
                          ETH/GBP £ 209.40 Ξ 30,500.1

                          £ -0.60

                          -0.29%

                          2020-07-03 12:34:09
                          ETH/USD $ 260.96 Ξ 339,708.2

                          $ -2.68

                          -1.02%

                          2020-07-03 12:34:26
                          LTC/BTC Ƀ 0.004537 Ł 460,201.2

                          Ƀ 0.000020

                          0.44%

                          2020-07-03 12:34:22
                          LTC/EUR € 42.23 Ł 635,024.1

                          € -0.33

                          -0.76%

                          2020-07-03 12:34:19
                          LTC/GBP £ 38.09 Ł 107,980.8

                          £ 0.12

                          0.33%

                          2020-07-03 12:33:28
                          LTC/USD $ 47.50 Ł 1,953,647.6

                          $ -0.49

                          -1.03%

                          2020-07-03 12:34:22
                          MATIC/ETH Ξ 0.00009735 MATIC 2,019,816.5

                          Ξ 9.6e-7

                          1.00%

                          2020-07-03 12:34:26
                          REP/ETH Ξ 0.08948 REP 12,135.0

                          Ξ 0.0030

                          3.49%

                          2020-07-03 12:29:19
                          SNT/ETH Ξ 0.0001093 SNT 7,548,338.3

                          Ξ -0.0000031

                          -2.76%

                          2020-07-03 12:34:10
                          TNT/ETH Ξ 0.0001701 TNT 1,041,536.8

                          Ξ 4.4e-7

                          0.26%

                          2020-07-03 12:31:34

                          [SCAM Alert] ExtStock Withdrawals

                          • Daily Withdrawal Limit

                            no limit

                            • [SCAM Alert] ExtStock Withdrawal Fees

                              Not mentioned on Fees page

                              • [SCAM Alert] ExtStock Withdrawal Fees Discount

                                None mentioned

                                • Proof of Reserves

                                  N/A

                                  [SCAM Alert] ExtStock Exchange Additional Information

                                    • [SCAM Alert] ExtStock Headquarters

                                      United Kingdom

                                      • [SCAM Alert] ExtStock Establish Date

                                        2018