Want to Trade with EXBANK? Read This First!
EXBANK isn’t a former bank. Its name just happens to be EXBANK. At first, we thought they were a bank and lost their license. This broker certainly doesn’t seem to care about licensing. It doesn’t bother to even mention one. It’s been flagged by the OSC for offering trading without a license, so naturally, it’s not regulated. Still, it wants people to trust their money with them. We have no idea why.
Is EXBANK a Scam or Legitimate?
We looked at EXBANK’s website. It claims to be a decentralized platform. Nothing about credentials. On the About Us and Media page, there was only an article about the history of cryptocurrency. This isn’t anything about EXBANK and doesn’t tell us who runs it. Its terms and conditions were mainly in all caps and were concerned with protecting itself against lawsuits and formal complaints. We’d take OSC’s word for it and stay away from this broker. Instead, look for a broker with a license and verifiable professionals behind it.
We Found Problems with EXBANK:
- Not regulated
- Negative reviews
- No transparency.
- No contact information
What You Should Do If You Have an Account with EXBANK?
You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!