Read our XChangeBit review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a xchangebit.io review.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So XChangeBit is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about XChangeBit in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section.
XChangeBit Review Conclusions
Making the XChangeBit review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our XChangeBit review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected].
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
I was scammed out of $237,000 CAD by xchangebit.io I was deceived by their agents into investing a total of $237,000.
They promised me huge returns for 2 -day trading, but this was never fulfilled.
Then they did some trading and claimed that all my money was lost in the trade !
I was told that all my money was lost and I had nothing left !!
A complete loss
Thank you for the information that you give , my bank had returned back my money after one and a half month from my claim.
That was really valuable advice that you give me
I just got scammed by these people. I put my money on the platform. They made me earn almost 2.5 times what I had miraculously put in in half an hour. When I saw that this was not possible, it occurred to me to search the internet because I felt that something was wrong. I saw this page and immediately asked that I wanted to remove what I had posted. That was when they forced me to do several operations if I couldn’t get my money out. I stopped doing the operations since I saw that my balance was going down. I currently have the approximate balance of what I put in. I have made the withdrawal request on my own in the withdrawals section of their website and they refuse to return it. I have screenshots of my balance both when they made me earn money as well as the current one and all the emails with them. if there is any class action lawsuit let me know.
have just been scammed after transferring 250 euros i then got all the cheesy chat and then wanted me to up investment to 2.500 euros. I informed him in no uncertain terms that was it and he said I was headstong and I was missing a chance of a llfetime I then hung up. Is there any way of getting my money back,going to bank tomorrow to explain situation aas it was done on my card
I was scammed last 30 January the bad part is I asked them to help me as I said I have crypto in Coinbase worth us926.10 I like to withdraw it but the guy instead of helping me transfer to Coinspot he literally deceived me transferred into xchangebit.io. While manipulating me to invest as they said professional broker asked me 250 as start then insisted i deposit 2500.00 in order to get bonus of 2500 total 5,000. As they sounded genuine I fell got the scheme invested 2500. Waiting for my 921.30 which took ages he said he already transferred Danny but he kept it in his wallet then transferred it to xchangebit.io as I complained to Mgr he robbed my crypto. They r do horrible I complained to the bank last Jan but took only this mth to recover coz it wasn’t loaded in system but I got all money. They even charged 95.00 I just told bank to reverse it as they omitted it. Show all mail conversation showing they refuse to withdraw u money & intentionally scam u so u can get all u money back and let them lose their job.
Go to bank have it reverse show all email and requested withdrawal all of u need to show we don’t trust this scammers.
Have had similar experiences with xchangbit.io. They forced me to do several operations if I couldn’t get my money out. I stopped doing the operations since I saw that my balance was going down very rapidly. I currently have less than the balance of what I put in. Went from $250000 to $85000. Now I need to get that money back. Thanks to all for advice. Sorry about you loses.
Just be careful. They are now operating under COINTERIO.IO (changed from XCHANGEBIT.IO). they tried
to trade whatever my balance was but I refused. Same tricks on new website!!
Sam
September 8, 2020 at 5:19 pm
Thanks for this review. Yesterday I was scammed by 500$ I am trying with xchangebit ti be chargeback no answer and my bank which is the National bank canda mastercard is not helpfull.
Sam
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Tony
October 5, 2020 at 10:54 am
Hey Sam, please note that i was also scammed by them and i made a claim in coinfirm. Since reaching a larger group of victims increases the probability of recovering funds for the case, i would like to suggest you to made a claim in this website.
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Vicki
January 11, 2021 at 1:48 am
Xchangebit.io is a total scam They scammed me for a lot of money and refused to honour their own terms and conditions when they were advised to terminate my account and return deposit funds They need to be shut down by the police
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Jordan
April 6, 2021 at 4:34 pm
I was also scammed $1600 aud by xchangebit.io. They persistently rang making promises of having all these professionals on hand who could make so much money and when I questioned them and no longer would agree to put money in, they would not reply to my emails or call or anything. Now the website has completely disappeared. A hard lesson for someone on a pension. They are liars, thrives and masters of deception. They all should be jailed. They have no concience and I hope they all starve to death for what they have done to people that are trying to earn a little bit of money. SHAME ON THEM….. may they all rot in hell.
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Heero
October 7, 2020 at 1:24 pm
thanks! I was just scammed with 250$ just a while ago. i blocked my credit card immediately because i have given an information which they may be able to use. i got very suspicious when they asked me to send them a photo of my credit card front and back.
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Mike
October 10, 2020 at 10:07 pm
Me too scammed $259
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sri
December 28, 2020 at 9:29 am
Hello, I also done the same way. Will there be any possibility to get the money back inpite of blocking the credit card?
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Brenda
October 9, 2020 at 4:36 pm
Hello. I think I have just been scammed by xchangebit.io for $250. I have been trying to get my money back but no luck so far. I feel very silly that I fell for it.
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Sid
October 14, 2020 at 10:56 am
Congratulations on being becoming poor by 250$.
I am travelling with you in the same boat
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Abraham
October 13, 2020 at 1:24 am
Hello All. XCHANGEBIT.IO is trying to Swindle me out of £2500.00 I have contacted the International Fraud Investigators and they have start Investigating them but, I need all who have Dealings with them to post their experience with then so that I can pass it over to the Fraud Investigators. by Posting all your experience with them here will help the Fraud Squad to Revoke there License and passible put them all in jail.
I’m not very experience with the internet, so I would appreciate if more experience Internet users could find ALL those who have been Scammed/Swindled out of their hard earn cash to post their dealings with them here.
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Siaka
February 4, 2021 at 12:00 am
I got scammed 5000$
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James
October 14, 2020 at 3:38 pm
I was scammed as well. I initially invested $500 with them, they then convinced me to upgrade my account by investing an additional $2000. After showing me some minor profits they got me to add another $1300. After that I realized it could be a scam and tried to withdraw my money, but they completely avoided my withdrawal attempt. Eventually they did a trading session with me and lost almost all of the money except for the bonus $2500 they had put in my account. The next day they tried to convince me to put in an additional $500 in order to ‘regain my losses’, I refused and they did a final trade to lose the rest of my withdrawal balance.
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James
October 14, 2020 at 3:42 pm
They are masters of deception and manipulation. I came in expecting a scam, yet they managed to convince me to invest significantly more. I never should have fell for their tactics, but they managed to get me anyways.
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Abeaham
October 15, 2020 at 1:52 am
XCHANGEBIT.IO
For all who have been Scammed/Swindled by: XCHANGEBIT.IO
Director is: Rodney Omari Kofi, Reg Office: 1st Floor, 2 Woodberry Grove, Finchley, London N12 0DR,
Co Reg No: 07715291 with the FCA
When One Deposit Money it goes into: BLUESNOE OU and LEKKI NG Acc NOT XCHANGEBIT.IO Acc.
This is how they Swindle Everyone they get hold of.
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Dave
March 21, 2021 at 11:55 pm
Their payment provider is Payswitch Company Ltd, which after I searched is based in Ghana in Africa
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Abraham
October 17, 2020 at 4:18 am
Please, Please:
Ask ALL your Family, Friends and ALL who you know that have Experience with XCHAINGE.IO to POST there Experience here TOGETHER we WILL bring there DOWNFALL and you WILL all get your Money back.
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Abraham
October 17, 2020 at 4:27 am
IF you know how to find People who have been SCAMMED/SWINDLED out of their Hard Earned Cash Please, Please ask them to post their Experience with XCHANGE.IO here.
I promise you ALL that you WILL gat your Money Back.
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Shane Hawkins
December 28, 2020 at 6:00 am
Hi
I’m another sucker that got scammed. I must admit I was always sceptical whether they were fraudsters or not,well it turns out they were and very good at doing what they do best ripping off the hard-working people in this world I got done for $7500.. As of now I thought I had no chance of getting it back but reading what other people have had to say gives me some hope that I might be able to get it back.
Shane.
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Adrian
February 9, 2021 at 4:51 pm
I have got scammed too… 2500 EUR
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Herminia
March 12, 2021 at 4:38 pm
I am also scammed with $250. Can you help me get my money back? Thank you
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igmaca
March 23, 2021 at 7:03 am
I just got scammed by these people. I put my money on the platform. They made me earn almost 2.5 times what I had miraculously put in in half an hour. When I saw that this was not possible, it occurred to me to search the internet because I felt that something was wrong. I saw this page and immediately asked that I wanted to remove what I had posted. That was when they forced me to do several operations if I couldn’t get my money out. I stopped doing the operations since I saw that my balance was going down. I currently have the approximate balance of what I put in. I have made the withdrawal request on my own in the withdrawals section of their website and they refuse to return it. I have screenshots of my balance both when they made me earn money as well as the current one and all the emails with them. if there is any class action lawsuit let me know.
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Kelvin
October 21, 2020 at 2:29 pm
I put money into xchangebit 2 different ways 250 on visa & 500 in a bitcoin transfer just yesterday. I was taken by another broker earlier this year for 6kUSD by a company called elite trading. Seems I never learn. I’m screwed now it seems.
The xchangebit account manager is supposed to call me today but I have yet to hear from him.
I had a verbal promise from him yesterday that because of my current financial situation that I would be able to pull my initial & total deposit of 750 out by this Friday. Lets see how this plays out. I am not going to let on that I have this new information on them now
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Abraham
October 21, 2020 at 11:51 pm
Thanks Kelvin
Believe me you will not get your Money back, it’s a Scam: BITCOIN.IO is ALL FULLY Professional FRAUDSTERS.
Our only hope is when the FRAUD SQUAD and the FCO (Financial Conduct Authority) REVOKE there License and Close them down, which they are Investigating Right Now.
You can contact them at:
[email protected] and at: [email protected] you can also Contact the FCA PRESS OFFICE at: Email: [email protected]
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susan beckett
October 28, 2020 at 8:49 pm
I too have been scammed! They are excellent deceivers and i am an idiot to believe them. I am going to try and get my money back.They play the part of caring and they will guarantee about 8000.00 a month return. Master deceivers!! All i can say is The Lord knows!!
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Abraham
October 30, 2020 at 1:01 am
Hallo Susan
Hello: Susan
I also been Scammed for £2500.00 but, I’m not taking it laying down. I have written to the FCO (Financial Conduct Authority) also to the FCA Press Office and they are Investigating it, also The Serious Fraud Squad is Investigating, also the Credit Card Company is trying to get my Money back, there is a very good chance that XCHANGEBIT.IO Will have their License Revoke. I would Strongly advise you to do the same. their contact is:
[email protected] and at: [email protected] you can also Contact the FCA PRESS OFFICE at: Email: [email protected]
THE MORE PEOPLE WRITTEN TO THE FCA THE STRONGER THE CASE WILL BE
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adrian
February 9, 2021 at 5:01 pm
Hello Abraham, please, can you give me the email that you filled, as a model for my inspiration, to fill the one for myself… i’ve been scammed too… 2500 EUR… thank you very much.
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robert
February 10, 2021 at 5:45 pm
I have also been scammed for 1000 euros.
————————
ik ben ook opgelicht voor 1000 euro.
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Jeremy
February 21, 2021 at 3:53 am
Hello Abraham, please, can you give me the email that you filled, as a model for my inspiration, to fill the one for myself… i’ve been scammed too… 8000.00 Cdn… thank you very much.
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Roy
November 3, 2020 at 11:38 pm
Yup they got me as well, any person that will do this to hard working people need to be locked up. Idid the same as all of you did. Small investment , made some cash. Then as I got more trades in and seemed to make some money. I was then sucked into depost more moneys to them. The very first trade they did with all my new moneys of coarse lost it all and tried to say it was a computer problem. Leta all team up and get these ass….
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Abraham
November 4, 2020 at 10:56 pm
Hi Roy
I’m in the process of having their License Revoke.
I in contact with the FCA (Financial Conduct Authority) also the FCA Press office, at the moment they are Investigating. also in Contact with the FRAUD SQUAd who hopefully will be Investigating. The Credit Card Company is also trying to get my Money Back.
I would Encourage you to Contact them as well at:
[email protected] and at: [email protected] you can also Contact the FCA PRESS OFFICE at: Email: [email protected]
IF we all do our bit we WILL have their License REVOKE
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Job
November 10, 2020 at 3:31 pm
Hi Abraham, I deposited a 1000 euros into this site thinking it was legit as they were advertising on a reputable site. The thing is that I realised almost immediately and asked for my money back as I changed my mind. They kept ringing and emailing. I kept to the emails and would not answer their calls as I had at first tried to ring them to discover that their phone number was no longer in service. To get my money back they want me to give all my personal details including photo id of me and my credit card front and back which is surely iligal to ask for. I kept my conversations to emails and would not answer their numerous calls which could seem to originate from UK or New Zealand and other places around the globe. Now they are insisting that I need to answer their phone calls which I refuse to do. The emails are the only evidence that I have of our conversations. If you have any advise I would be obliged. I have to wait for 15 days before visa will initiated a call back on the payment as they consider it a dispute rather than fraud. I am encouraged that you are following through but I notice that on Trustpilot, a site for reviews, that this company has 4 reviews and all are 5 star. I am in the process of trying to get my money back but again visa won’t handle this before next week.
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Mike
November 19, 2020 at 7:30 pm
Were U successful I was just scammed as well ?
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Job
December 18, 2020 at 1:29 pm
Yes but it was a difficult process (see reply to Abraham). These companies need to be blacklisted by the authorities and fined. They are using gambling tactics (ie tokens through third parties) to keep your money and to make it legal. We need to get back to Magna Carta and let right be done. These are scammers. The authorities need to do their job.
Lorens Vollmer
November 9, 2020 at 9:20 pm
I also just scammed for 250 euro’s. Blocked my credit card just after I send the money. I tried the withdraw function on the site but they have to approve it??? They called again and I told them I want to stop my appliance. But for that they needed the copy of the credit card and id. I told hem I wont send it and he hung up. Tried to call him back but the number is not in use.
I got to there site thru the yuan-pay-app site but now found out that this site send the victims before to another fake broker sites. So think that revoke there license is of no use they will start again with another name.
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Abraham
November 11, 2020 at 12:28 am
Hello Job./.Lorens
I’m in contact with the FCO (Financial Conduct Authority) London and the FCO Press Office they have responded but, I think they are very Slow to act.
I’m also in contact with the Serious Fraud Squad, they have visited me and take details that is over 5 weeks ago and I haven’t heard from them since, I’m trying to contact them again because I have a lot more informations on EXCHANGEBIT.IO
Maybe if we all contact the; FCA, the FCA Press Office and the Serious Fraud Squad they will do something, I have already given them their Registered Office, Co Reg No. Directors Names and lots of details about them, hopefully they will do something.
I also contacted my Credit Card Company, they said that they will get my money back, that is over one Month now and I hear nothing from them since.
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Job
December 18, 2020 at 1:23 pm
Yes. I got my letter today and my funds have been refunded to my account since yesterday. The important thing was that I didn’t answer their calls and I did not agree to their terms and conditions. I answered their emails just to re iterate not to call me and to abide by the chargeback to my credit card account. It has been a difficult month. These guys objected to my chargeback and I had to fight for my funds. In the meantime I was getting up to 6 calls a day. They used different locations around the world. The sent very convincing emails to say that they would help me to transfer my money out. Do not believe them. On another note I would like to tell Abraham that during the process I was in touch with someone I know who is a detective in London. He has a friend who works in the fraud department and I passed on the information I had. The detective working in the fraud department said that they have nothing on their files about these companies. I also note that the companies (third parties) that were used in the visa dispute were different from the ones on the list that Abraham listed.
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sri
December 28, 2020 at 9:25 am
Hello Job, Just to know I also scammed for 250$ today. After reading all the reviews i asked them to refund back my amt and they are asking me to upload KYC documents, which i am not will to do so. Also I have blocked my Credit card. Will there be any possibility to get the money back ?
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Adrian
February 9, 2021 at 5:28 pm
Omg Job, you are hope for all of us…
When you had email conversations with them, did you tell them about your detective friend? Or you tried to intimidate / threat them in any of your email?
Help us, how to proceed, to take our money back.
Fill complaint, fill the chargeback form?
Thank you!
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KuyaJ
November 13, 2020 at 12:55 pm
An agent just called me here in Cavite and convincing me to put in my card details even I said that I had no fund in it ^_^ But he gets nothing ^_^
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umi
November 19, 2020 at 7:13 pm
They keep on calling and emailing me even if they have to spend 30mins or more on the call. I told them to convince me first and they keep on telling me I will be transferring thru visa or mastercard. I said that is not the issue, the problem is I don’t know anything about your company. They promise me to earn in a week by funding $250. well sorry for them that I’m just playing along.
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Mike
November 19, 2020 at 7:34 pm
Warning!!
They convince you very well into depositing a small amount first and try to get you to deposit more and more. They show you small profit but if you ask to withdrawal they avoid your request. They will steal your money do not deposit money.
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Brian Crawford
November 21, 2020 at 7:27 am
I to was scammed by these guys. Put $250 AUD in, then was convinced to put another $1000 in via BTC. They are not traders, they are gamblers. Any help would be appreciated, thanks.
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Abraham
November 25, 2020 at 5:26 pm
Hello Brian
I’n in contact with the FCA they are Investigating XCHANGEBIT they said it will take time but they are onn to them, alos the FCA Press Office is Investigating them, you can also contact them, the more of those of us who have been Scam Contact them the Stronger the Case against them will be.
THERE FULL ADDRESS IS IN ONE OF THE ABOVE WRITE-UP ABOVE.
Abraham
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Martin
December 8, 2020 at 7:17 pm
I invested xchangebit.io for 250USD and decided to withdraw last Nov. 26, 2020 and approved by their support until now Dec. 9, 2020 my money did not reach to my account.
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MARITESS CONTAYOSO
December 15, 2020 at 9:23 am
I was also by the name of alex livingston.He pretends that he is legit and I could get 100% of my profit after 3 days of invest.
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Egil
December 17, 2020 at 6:14 pm
I can’t belive I fell for this! So obvious scam but still I deposited $250 just an hour ago. I assume this money is gone forever
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James Oil
December 18, 2020 at 7:05 pm
I was also by the name of alex livingston.He pretends that he is legit and I could get 100% of my profit after 3 days of invest.
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Vicki Johnston Avery
December 23, 2020 at 6:25 am
I can’t believe that I allowed myself to be scammed by these people – I was convinced to put in a lot of money and when I tried to have my account terminated and remaining funds returned to me they kept trying to convince me to continue and deposit more funds. I contacted my bank to see if they can help with the chargeback, Xchangebit.io was notified by me well within the 14 day turn around time period and still they have not honoured what their policy states, they send emails to say that their legal department will contact me, but no one has.
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Stanislav Stoykov
December 28, 2020 at 8:14 pm
I cant belive i fell for this today too. I deposited 530 euro. Any chance of getting my money back? Anyone got his deposit back?
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Abraham Ramdas
January 7, 2021 at 12:31 am
Hello: Vickey Johnson Avery and Stanislav Stoykov.
XCHANGEBIT.IO
For all who have been Scammed/Swindled by: XCHANGEBIT.IO
I’m in contact with the FCO London and the FCO Press Office, I have furnish them with lots of Details and they should be Investigating them, also I have contacted the Serious Fraud Squad.
If ALL of us complain in Writing/E.Mail to them, we WILL make them SIT-UP and take notice and start a Proper Investigation and we will ALL get our Money back?.
Director is: Rodney Omari Kofi, Reg Office: 1st Floor, 2 Woodberry Grove, Finchley, London N12 0DR,
Co Reg No: 07715291 with the FCA
When One Deposit Money it goes into: BLUESNOE OU and LEKKI NG Account NOT, XCHANGEBIT.IO Account, this is how they Swindle Everyone they get hold of.
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Birger Winsa
January 22, 2021 at 12:55 pm
https://firstbit.io is most likely the same company. I lost 250 euro. Complete fraud and scam .
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MJLA v. Erp
February 1, 2021 at 11:21 am
Xchangebit is a scam and they keep stalking you by phone!!!!!!!
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Con Australia
February 9, 2021 at 10:05 am
Xchangebit got me for 15k they even told me to open my bank app and show me how to remortgage my house to get funds to trade god help us all people like that kill it for the honest people we are trying to better ourselves .
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Adrian
February 11, 2021 at 3:20 pm
I’ve got scammed on 08-Feb-2021… 2500EUR… i cant beleive i fell for this kind of scam…
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Adrian
February 11, 2021 at 3:24 pm
I readed posts from a guy, Job, (here on page)… He is the only guy who get his money back so far…
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Don
February 13, 2021 at 6:13 pm
Well I guess I’m getting scammed right now by them I didn’t want to believe it because they just made me money but it cost another 2500 to do all totalled I’m into them for like six or seven grande , but I haven’t approached them yet but why are we letting them get away with it well why don’t we all just set up shop outside the banks and roll people for there money nothing happens right “”WRONG” so whats the differance I can’t believe how many have been scammed ya know it’s should not have not taken this long is it just cause its crypto
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Sam
March 3, 2021 at 5:27 pm
Like most of you I too have been scammed. I started with $250 but then when they called me back they started to tell me about there different levels of investment and I was sucked into giving them more. I gave them up to $4000ca, and and they still wanted more. So I became suspicious. Then I tried to log into the website to check my investment only to see displayed in bold letters XCHANGEBIT.IO is a fraud plastered on the website. My heart sank and to this day I have not recovered from the shock. All I was doing is to try and make a better living by investing with a company that promises to do what they say they can do. I am still trying to get my money back but I am not sure where to go. Each time I talk to them now I remind them that I still want a chargeback of my funds. If there is any help out there please let me know how. I will go down fighting for my funds.
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Tammy kniese
March 21, 2021 at 10:22 pm
How do you unregister with xchangebit.io
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Jack Taylor
March 23, 2021 at 10:49 am
This is a complete SCAM! Stay away! Had for £1250 – Avoid at all costs, they are very good at Sales talk and deceiving people.
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Sebastian
March 24, 2021 at 8:20 pm
I have a nose for smelling scams, but these guys are good.
Even while having a lot of questions and suspecting a big scam I still dropped in a second time 2500EUR.
So after a 5000 euro deposit they started asking for another 5000!
I can’t believe no one can shut down their site!
I understand, crypto, hard to track etc… But shut down that f site!
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Joanne
March 31, 2021 at 3:37 pm
They have renamed their site. Cointerio.10.
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Alcazar
April 5, 2021 at 1:12 pm
Yes they have just been scammed for £4,000 I was telephoned by Danny Smith and he has the gift of the gab . Convinced me to invest which I unfortunately did through his mate Warren Williams who said he would trade with me ane me alone for the next 7 days. 17th March 2021. Then we had a three way convesation wiht yet another mate who was the top man in the company Adrian Yorke. He traded with me and boosted my earnings to £14,250. He then said to move things forward I would have to put in another £6,000. I thought no no this is going to far. I pointed out I could take some of the money out and re-invest Adrian stated it doesn’t work like that. Bells started ringing. I delayed them and said I would think about it. Following dau after looking at several reviews I knew I’d been had. (very complex scam I must say). I told them I wasn’t prepared to invest anymore so eventually after a lot of trying them passed me to Blake who was an expert in Crytpto currencey. He reduced my £14,250 to £2250 in abot 5 mins. Following day Adrian came back and boosted my amount up to £3250 (about)and said he would contact me Monday 22nd. He didn’t but I got an email from Dereck Gabriel who was a recovery expert. Back to the piece of paper with what he could do for me he went on abot how he was appalled at my losses but that If I invested more with him we would trade on Amazon or Musk stocks. But I had to either put in £1500 or £2000 as there was a special event on very quickly. I eventually spoke to him on the Tuesday and refused his kind offer. I asked for my money back and told him I would be making a charge back. The phone calls keep coming and I’m just about to email my account manager Danny Smith to tell him my feelings. Fraudsters the lot of them but very good at it.
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Jordan
April 6, 2021 at 5:13 pm
Hi Alcazar
My story is exactly the same as yours. The same named thieves and liars, Danny, Blake, Adrian, Derrick and Warren (which I now believe to be fake name) did exactly the same to me as you. I hope karma catches up with them and they all starve on earth and rot in hell. I am a grandmother of 6 who only receives a small pension. They convinced me to give them all my savings so my family could have a better life. They are ruthless and brutal with there smooth talking tactics. I feel for all of us and hope justice prevails and before they starve, then rot in hell, that they are jailed and raped as they raped us of our money. How cruel and deceiving these people are with no conscience. SHAME ON THEM FOR ETERNITY
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Dave
April 1, 2021 at 9:11 pm
Lost $2500 (cdn) when I tried investing with Xchangebit. Initial contact was friendly and pleasant. When transferred to others, there were overtures of big returns, and then came the pressure. What started as a $250 sacrificial investment, the Scammer pressured me to send a Wire Transfer for an additional $2250. (cdn). Throughout, there was a growing suspicion that things didn’t seem right ?!?! – the Web-based call where they could see me, but I could never get to see them?! Why did they need to see my laptop and online bank accounts?! Why was the $250 investing goal not enough, and I needed to add more money?! When I decided to Close My Account and notified them via email (as per the Terms and Conditions), requesting an email verification my account was Terminated — That’s when the phone calls from all over the world were sent to my phone. The calls go to Voice Mail (which they may dislike). I will not talk with any of them smooth-talkers. Two days ago, an email arrived saying my Xchangebit Account (wait, didn’t I terminate that?!) is being moved to their new Cointerio platform, the Xchangebit platform will be gone. To try and fix things at my end, I acquired a new credit card and bank account. I deeply regret sending a photocopy of my Driver’s Licence for the KYC stage. The personal takeaway from all this is “Caveat Emptor” (Buyer Beware) – I should have done my homework, did research on the company, and NEVER EVER allow access to the laptop, bank account, or personal information. All in all – A Hard Lesson Well-Learned!
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gordon mcivor
April 2, 2021 at 4:48 am
i too have been scammed by theses loosers. i deposited money against my better judgement due to their high pressure salesmen.i hope they rot in jail
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Fred A.
April 25, 2021 at 5:15 pm
OK – – I enrolled in EXCHANGEBIT, but fortunately never went further. (no money transferred to them)
This morning I was going through emails and saw the original correspondence after registering and clicked on the link but it came up unavailable. I had purposefully waited two months before checking in again.
When I did this morning up came the information on the scam and all the previous posts here about being swindled – – posts from those who aren’t afraid to post their dilemma.
There are probably millions of others in the same “ARK TO RICHES SCAM” that are too proud to post – – I can understand that.
So, I am going to follow up and examine the legitimate traders listed in the foregoing article and try that – – one even offers practice trading for beginners – – that is one I intend to explore.
In the meantime – – keep your head down in the investment trenches – – – explore and review or just curb the desire to make money trading – – it’s a volatile world of BIG MONEY PEOPLE pulling $$$$$$$ from us peons in the lower end of food chain – – – I – am one of those bottom dwellers in the world of great wealth. My bucks are very hard-earned as are most who get scammed.
Take care out there – – it’s a dirty world of money-making scams.
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Abraham
May 4, 2021 at 12:30 am
Hello Fred X, I’m Mr Ramdas
I have bee Scam for £2500.00
I have done my best to Expose them. I have Reported them to the FCA, the Serious Fraud Squad, The Financial Conduct Press Office, I have given them ALL directors Names and Registered Office. They Promise to take LEGAL ACTION against them but, Absolutely NOTHING have been done and them are still FREE to cheat & Scam every one that fall into there trap.
Please look at the write up at the top of these comment under ABRAHAM you will find Directors Names and Registered Office, you will also find the the FCA Address.
If we ALL come Together and make OFFICIAL REPORT to the FCA they WILL have to take Notice
and maybe we ALL will get our Money Back.
Please reply to my Comment. TOGETHER WE ALL CAN MAKE THE FCA DO THERE DUETY TO THE PUBLIC BECAUSE THAT IS WHAT THEY ARE GETTING PAID TO DO?.
ABRAHAM
I cannot even SIGNED INTO MY ACCOUNT, It is NO where to be found on there Website, these People are PROFESSIONAL CHEATS/SCAMMERS.
WE MUST COME TOGETHER AND EXPOSE THEM.
THEY ARE NOT ABOVE THE LAW?.
ABRAHAM
I was contacted by Guy referred later by Danny I asked help how w/draw Coinbase he took US926.00 put it in their wallet, I asked where it went later he said there getting rude that evil guy. I deposited 250.00 I only recovered that the rest of US2500.00 die go bonus 2500 he never give me my money it’s still 2200.00. They r devil sent fr hell scammer manipulators and extremely intelligence only they used it for evilness. So told bank money Us2500 equivalent to more than 3190 given back then they took it back evil evil mgmt of evil people who have no heart. They worship money they disregard my sister dying. My money was taken by them instead of helping my sister who later died. Second coming of Christ if I don’t get my money God will send them to their place of burning furnace. I felt so betrayed by this evil people they appeared prof disguise as sheeves but wolves. Now Bank pf Melbourne sued lost. They charged their websites never answered took all my US926.00 which I later saw distributed wallets of scammers. They are fr Nigeria base black people they said who also has branches in Sydney London who know where. I am hoping to do another case with them coZ the 1 who handled my case was weak. Considering I did Dip of Justice r mistake is we believe trust this idiots who r big time Crooks hoping we all recover r money & close them 1 day or will come ard to them. They can’t hide fr prosecutors soon we’ll find them close them.
After seeing all the comments yes I found out lots were victimised by this scammers. I even heard them with loud music having a party with our money as they scammed lots of money internationally. Hopefully it’s a matter of time they’ll catch up. Be aware they will come back I had calls internationally another email inviting to invest as if I’ll them my hard earned money. My husband said he received same email. They r in disguise again using Coinbase fr. Nairobi Kenya. Good luck to all of us hopefully we will have satellites to secretly spy on their activities. Sooner FBI will capture them.