Review: Legit or Another Scam?

In this post, we are going to review another cryptocurrency exchange platform known as which touts itself as one one-stop, super secure platform for all your cryptocurrency operation needs.

So let’s start without further ado.

What is is a trusted cryptocurrency exchange offering easy trading, portfolio management, vault protection, and phone protection for traders of all levels, making cryptocurrency trading more efficient. home page

There is no information available about the operator or headquarters address of

Binawex services

Speaking of its popularity, according to SimilarWeb, it has negligible internet or business reach. And, its domain was registered on May 2024, as per WHOIS.

Website Profile
Known asBinawex
Services OfferedCryptocurrency Trading and Staking
Domain registration date5 may 2024
AddressNot known
Contact Review

Let’s scrutinize all the claims of and let you know if it is a reliable platform for you or not.

Our analysis of’s company history and other claims indicates that there are multiple red flags in it. we ought to take a deeper look into it.

1. Anonymity of the founder

The founders of most tech or cryptocurrency companies are present in the market constantly promoting their services but in this case, the founder is absent making it a little odd.

2. Lack of information

Legit cryptocurrency trading companies or any investment-related businesses are always registered somewhere and regulated by some authority in a country.

But in this case, provides no information about the location of operation of their business making it quite difficult to trust them.

3. False claims on its website

Though its domain history indicates that it was registered on May, 2024,’s website states that copyrights are reserved as of 2017. How can certain cryptocurrency exchanges operate online without having a website?

4. No social media presence

Because big businesses frequently use a variety of social media channels to advertise their products, the absence of on social media in this instance raises questions among the intended audience.

5. Recently Established

Finally, we believe that’s most significant red flag is its recent establishment. Its domain was only recently registered, indicating that it is a relatively new company, despite its somewhat paradoxical claim to be among the most reliable platforms.


While the decision to use or not use is entirely yours, we advise you to proceed with caution and keep these warning signs in mind. We advise you to look for better options as well.

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