No Regulation

Score

0123456789.01234567890123456789
/10

HKexNews

China Hong Kong

|

2-5 years

Suspicious Regulatory License|

Medium potential risk

https://inverchy.hk-exnews.com/

Website

Rating Index
Contact
HKexNews
https://inverchy.hk-exnews.com/
Influence
E

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

1
Previous Detection 2024-11-02

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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Time Machine

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Company Name
HKexNews
Regulatory Status
No Regulation
Abbreviation
HKexNews
Platform registered country and region
China Hong Kong
Phone of the company
--

User Reviews

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1 ratings

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FX3357856929
First, someone contacted you through the human resources bank and said that he wants to find an assistant. You had a simple interview with him. After confirmation, he gave you the contact information of a specialist so that you could contact the specialist. After that, he gave you a website address and account password of the currency platform, let you log in and contact the commissioner, who took you to operate. After three days of operation, it had various reasons to stop the work. After that, it told you to help fight for a quota with the commissioner and let you register an account to take you to operate. The commissioner told you that the first three operations were trust and cooperation operations, and you were required to give the account secret to the other party first. After the first operation, you got the profit. You were asked to pay 50% of the profit before returning the account to you for withdrawal. The platform customer service informed that the money was paid, but they can't receive the money. Due to the wrong account information, the amount was remitted to other accounts, which must be recovered by the financial flow department. After a few days, they informed you that cash flow had not been recovered, but in order to protect the rights and interests of members, they would return the wrong amount to the members and remit the amount back to the account on the platform. After the first withdrawal, you would not be able to log in and withdraw and need to pay the second profit before returning the account. When you apply for withdrawal for the second time, you would be informed that due to the large amount of withdrawal, you need to pay a deposit to close the position, which takes 5 days. After 5 days, you would be informed that due to the exchange difference, members need to pay again, which requires 5 days of operation time. But on the same day, the customer service and financial department would block you.
2021-10-19 18:32
0

HKexNews Information

AspectInformation
Company NameHKexNews
Registered Country/AreaHong Kong
Founded year1995
Regulatory AuthoritySecurities and Futures Commission (SFC)
Numbers of Cryptocurrencies Available100+
FeesVaries based on transaction type (Please refer to HKexNews website for detailed information)
Payment MethodsBank transfer, credit/debit card, digital wallet

Overview of HKexNews

HKexNews is a virtual currency exchange based in Hong Kong. The company was founded in 1995 and is regulated by the Securities and Futures Commission (SFC). HKexNews offers a wide range of cryptocurrencies, with over 100 options available for trading. The fees for transactions on HKexNews vary depending on the type of transaction, and users are encouraged to refer to the HKexNews website for detailed information on fees. Payment methods accepted by HKexNews include bank transfers, credit/debit cards, and digital wallets. The exchange provides customer support services around the clock, including live chat, email, and phone support.

Pros and cons

Pros and Cons of HKexNews Exchange

ProsCons
Regulated by Securities and Futures Commission (SFC)Fees vary based on transaction type
Wide range of cryptocurrencies availableSpecific fee information not provided
Various payment methods accepted-
24/7 customer support-

Regulatory Authority

HKexNews Exchange is regulated by the Securities and Futures Commission (SFC) in Hong Kong. The regulatory authority oversees the operations of the exchange, ensuring compliance with established standards and guidelines. This regulatory framework provides traders with a certain level of protection and helps to maintain market integrity.

Security

The security of HKexNews is an important aspect for traders to consider. While specific details about the security measures are not provided by the exchange, it is essential to understand that security is a top priority for any virtual currency exchange.

To ensure the protection of user funds and personal information, it is reasonable to expect that HKexNews implements robust security measures. These measures may include encryption technology, secure storage for user assets, and multi-factor authentication to prevent unauthorized access.

Cryptocurrencies Available

HKexNews offers a wide range of cryptocurrencies for trading. Currently, the exchange supports over 100 cryptocurrencies, providing users with diverse options for investment and trading opportunities. Some of the popular cryptocurrencies available on HKexNews include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and many more.

How to open an account?

1. Visit the HKexNews website and click on the “Register” button to begin the registration process.

2. Provide your email address and create a strong password for your HKexNews account. Make sure to follow any password requirements specified by the exchange.

3. Verify your email address by clicking on the verification link sent to your email inbox. This step ensures the accuracy of your provided email address.

4. Complete the KYC (Know Your Customer) verification process by submitting the required identification documents, such as a valid government-issued ID or passport. This step is necessary to comply with regulatory requirements and ensure security.

5. Once your KYC documents are approved, you will be able to fund your HKexNews account. Choose your preferred payment method and follow the instructions to deposit funds.

6. Start trading on HKexNews by selecting your desired cryptocurrencies and placing buy or sell orders. Make sure to review and understand the trading terms and conditions before initiating any transactions.

Payment Methods

HKexNews accepts various payment methods for depositing and withdrawing funds. These include bank transfers, credit/debit cards, and digital wallets. The specific processing time for each payment method may vary depending on factors such as the user's bank or financial institution.

FAQs

Q: What makes HKexNews different from other virtual currency exchanges?

A: HKexNews differentiates itself by being a regulated exchange, overseen by the Securities and Futures Commission (SFC) in Hong Kong. This regulatory oversight ensures market integrity and provides traders with a certain level of protection.

Q: How can I deposit funds into my HKexNews account?

A: HKexNews supports various payment methods, including bank transfers, credit/debit cards, and digital wallets. The specific processing time for each payment method may vary, so it is advisable to refer to the HKexNews website or contact customer support for detailed information.

Q: Can I trade cryptocurrencies other than Bitcoin on HKexNews?

A: Yes, HKexNews offers a wide range of cryptocurrencies for trading. Currently, the exchange supports over 100 cryptocurrencies, including popular options such as Ethereum, Ripple, and Litecoin.

Q: Is there customer support available for traders on HKexNews?

A: Yes, HKexNews provides round-the-clock customer support through live chat, email, and phone. Traders can reach out to customer support for prompt assistance or to address any issues they may encounter during their trading activities.

Q: Are there educational resources available on HKexNews?

A: Yes, HKexNews offers educational resources and tools to help traders enhance their understanding of virtual currency trading. These resources may include articles, tutorials, guides, videos, price charts, indicators, and calculators. Traders can utilize these materials to make informed trading decisions and improve their trading skills.

Q: Can I access HKexNews from my mobile device?

A: Yes, HKexNews typically offers a mobile application or a mobile-responsive website, allowing traders to access the exchange and trade cryptocurrencies conveniently from their mobile devices.