Exchanges are facing great changes as many countries have tightened their regulation recently. Tremendous customer complaints have flocked into EXX, a household name. As far as we know, the exchange is problematic.
It has been four years since EXX was founded. The amount of its intraday trading can hit billions of dollars. However, EXX has continuously profited from customers in recent years, which indicates itself not a good platform.
EXX launched the ‘torch plan’ in 2019, claiming that this project was only used to purchase and sell coins. Traders could enjoy steady profits via bonus settlement after taking screenshots of trading records of buying ELC and uploading them to the ‘torch plan’ APP. However, ELC dropped by 99.62% in seven days, leaving investors with nothing.
The financial management APP of EXX issued the announcement of system maintenance after reaping profits in 2020, but the work hasnt been completed so far. The thing is, EXX is still profiting from its customers in 2021! Users have suffered unavailable withdrawals since May.
According to WikiBit, EXX isnt under any valid regulation, and its rating is only 3.51! It is very likely to have run away, given the occurrence of difficulties in withdrawals and useless customer service!
More and more exchanges will run away under the climate of increasingly tight regulation. As a reminder, WikiBit is ready to help you search the qualifications and reputation of projects to protect you from hidden dangers in the risky industry!
