BMX
3.46
1-2 years
Not Regulated
Questionable Regulatory License

No Regulatory License

Be aware of the risks!

Basic Information

Country/Region
United Kingdom
Exchange AbbreviationBMX
Twitterhttps://x.com/useboardwalk
Operating Period1-2 years
Websitehttps://www.bmx.trade/
Telegramhttps://t.me/useboardwalk
0.00/10

Score

Regulation
Risk Control
Business
Reputation
Tech

RiskNotice

2 risk alerts
High Risk 1
Medium Risk 1

Exchange Overview

Exchange Overview

Trade over 300+ cryptocurrencies and any onchain media

News

BitMart Accused of Running Away and Blocking Withdrawals? “Debt Recovery Alliance” Formed: Users Dem

Recently, a former BitMart employee publicly exposed allegations on X, claiming that BitMart‘s collapse was a premeditated scheme to take users’ funds and disappear.  According to the claims, before its alleged shutdown, BitMart used high-yield financial products to attract and collect approximately 40 million USDT from users. The platform has since reportedly refused withdrawal requests, especially large withdrawals. Even former employees allegedly had their crypto assets locked, while the company also refused to pay employee compensation and delayed some salary payments.  It can be said that BitMart has severely damaged its reputation this time — allegedly even betraying its own employees. If insiders cannot withdraw their funds, can ordinary users still expect to get their assets back?  Even more controversially, some allegations claim that BitMarts executives are planning to move to WooxPro and repeat the same alleged fund-raising and exit strategy.  A crypto blogger on X claimed that the BitMart incident has already been officially filed for investigation and is highly likely to be treated as a landmark case.  Exposé on X (Source: @silencefisher)  Users affected by BitMart‘s withdrawal restrictions have now begun organizing themselves and forming a “Debt Recovery Alliance” to demand the return of their assets. This matter is unlikely to end anytime soon.

BitMart Accused of Running Away and Blocking Withdrawals? “Debt Recovery Alliance” Formed: Users Dem
08-06Deep Dive

Under the Deep Bear Market, Veteran Exchanges Are Falling One After Another: The Risk Warning Behind

On July 23, BitMEX, the pioneer of perpetual contracts, announced that it would officially shut down operations on September 23.  On July 26, BitMart, once ranked among the worlds top 10 cryptocurrency exchanges, announced that it would officially cease platform operations on January 31, 2027.  Neither of these exchanges was an unknown small-scale platform. One had been operating for 11 years, while the other had been in operation for 8 years. Both were veteran exchanges that grew alongside the explosive expansion of the cryptocurrency industry and could be considered witnesses to the evolution of the crypto market.  However, before BitMEX and BitMart announced their shutdowns, warning signs and risk forecasts had already emerged in the market.  For example, WikiBit, a global cryptocurrency exchange regulatory verification and risk assessment platform, had already assigned relatively low risk scores to both exchanges: 5.48 for BitMEX and 5.16 for BitMart.  Within a short period, both exchanges accumulated multiple risk alerts — 3 risk indicators for BitMEX and 6 for BitMart — including user complaints, significant increases in capital outflows, and cryptocurrency regulatory concerns.  BitMEX and BitMart Risk Data (Source: WikiBit)  Regardless of the reasons, the collapse of two relatively large exchanges within just one week has sent a chilling message throughout

Under the Deep Bear Market, Veteran Exchanges Are Falling One After Another: The Risk Warning Behind
07-29Industry