Blu Exchanger Review – Is Your Money Safe With This Exchange?

Firstly, Blu Exchanger company doesn’t reveal any ownership information. Quite poorly presented in their T&Cs we can see that governing law is the law of  Hong Kong. Yet, there are no other details presented like address, contact or anything else.

This makes this company extremely suspicious. That’s why this Blu Exchanger Review is revealing all its dirty tricks.

Legal info: Is Blu Exchanger legit or a Scam?

For a company that doesn’t share any ownership details, you can’t expect much. Slowly but surely, Hong Kong goes into the regulation of crypto exchanges. 

Even though it’s still not active, the company should have Digital Asset Service Provider (DASP) license. Yet, they don’t. But even without it, their mysterious approach to clients reveals their intentions.

Who are Blu Exchanger’s clients?

The Blu Exchanger scam is active only for a few years. Yet, they managed to spread their tentacles all across the world. Primarily, their scammed victims are coming from: 

• United States
• India
• Nigeria
• Pakistan

If your country is not on the list, let us know. But also share your experience so that we can see if there’s something to do about it. Our CipherTrace software might be a solution.

Traders Experience

One of the key warning signs is Blu Exchanger reviews. If you check two reliable platforms, Trustpilot and Sitejabber, you will realize that almost 100% of reviews are with the worst rating. Not to mention there are almost 60 of those in total!

Reasonably, all reviews point out the withdrawal issue. If you had similar issues with this or any other company feel free to share it with us. In the end, a possible positive outcome is a refund that our team can help you with.

Investment Costs with Blu Exchanger

Important to realize is that BluExchanger doesn’t reveal any investment costs. There are no maker or taker fees transparently presented. After all, that’s another warning sign to keep your money away from these scammers.

         Bonuses

Nowadays, bonus offers are quite often. Even trusted exchanges will offer it. Yet, the Blu Exchanger scam company is not one of those. But who does it, you can check in our RealFXPro review.  

Blu Exchanger Trading Features

Blu-Exchanger.com crypto exchange has quite a poor investment offer. With only a few cryptocurrencies presented they don’t present much of a credibility. Not to mention a poorly designed platform for exchanging cryptos.

         Is Blu Exchanger legit?

Not in a dream. An anonymous exchange that doesn’t share ownership or contact details and doesn’t have any license can’t be legit. On top of that, numerous negative reviews speak a story for itself.

         Available Trading Assets

The instrument offers is also quite a poor one. As can be seen, the company only offers 3 cryptocurrencies. Those are: 

• Bitcoin
• Litecoin
• Ethereum

         Account Types

Considering the nature of the business, the company doesn’t have a standard account type separation. You can invest as much as you want. After all, that’s their only goal. Yet, minimum deposit requirements and transaction fees are not revealed by the company.

         Mobile Trading App

Another key warning sign is the missing mobile app. The only way to access your wallet is through their web-based platform. However, we already know such platforms can be easily manipulated. That’s why it’s important to trade with trusted exchanges with trusted software.

         Demo Account

Blu Exchanger company doesn’t offer insight into their exchange platform. In fact, that would expose their illicit activities and we understand why they don’t have it. For that reason, it’s best to work with licensed companies that are fully transparent.

         Education

Trusted crypto exchanges have various educational materials. But at least market news so that traders can get the latest reports and insights into opportunities. Thus, with Blu Exchanger scam crypto exchange, not even that is available.

Blu Exchanger Withdrawal

Ultimately, all the experiences with this company end up the same. With non-transparent fees and withdrawal policy, investors end up without the option to get their money back. To make everything worse, the company accepts irreversible funding methods.

Even though the company claims that the withdrawal process is automatic, that’s not true. So, before you throw your money away with this broker, think wisely about your next move.

Customer Support

Another scam sign is the Blu Exchanger support. The company only has two contact options: e-mail and contact form. Besides, they claim to be available 24/7 for their traders. Thus, the office hours are 8 AM-4 PM GMT +0 (Monday-Friday). But if you are looking for a withdrawal solution, most likely you won’t get any response.

Key Information To Consider About Blu Exchanger?

Primarily, the company is not transparent about ownership. On top of that, there are only a few contact options but many negative reviews. Overall, you have all warning signs in one place.

For irreversible crypto transfers, there are only a few ways to get your money back. One proven method by our expert team is the Cipher Trace software. Works like a charm and helps investors to track down their crypto. If you would like to get your money back, feel free to contact us for detailed guidance. Free of charge first consultation and no obligations! Book yours now!

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