Gevetex.com Review – Looks Like Crypto Exchange But Is It?
Since the Gevetex company is practically anonymous, there’s already a sign not to trust them. According to them, they were founded by Mǎ Huàténg, a known Chinese investor. On top of that, it looks like they were registered in 2018.
With all this in mind, it’s quite easy to investigate and see what’s true. But to avoid the trouble, we dug out all the necessary information that we will present to you in this Gevetex.com review.
|Is This Company Safe?
|Have Warnings From:
|Free Demo Account:
|How To Withdraw From This Company?
|If you are trading with an unregulated crypto exchange you can expect a lot of withdrawal issues. If you recognize any of the issues from this Gevetex Review feel free to contact us for refund advice.
Legal Info: Is Gevetex.com Legit Or A Scam?
The first sign that any investment firm is legit is if they are licensed. Otherwise, none of their statements or features can be trusted. In the case of crypto exchanges, companies should obtain a VASP or DASP license, preferably from regulators like FCA, BaFin or ASIC.
Yet, Gevetex.com is not licensed by any institution, especially not these mentioned. Therefore, you can only have faith that they are honest and genuine. But they are not.
Who Are Gevetex.com’s Clients?
Firstly, the company claims to have more than $137 billion in quarterly trading volume. This is highly suspicious. Especially once you realize this company has been active since September 2023. Yes, their statements about founding in 2018 are false. The proof of that you can find in the who.is register.
Also, they claim to operate in more than 150 countries. Yet, research shows that only rich countries are targeted, such as:
- United States
- United Kingdom
So, if you are coming from any of those feel free to leave a comment below. Ultimately, our refund strategist can build you a plan for recovering the funds.
Another key fact is that the company doesn’t have almost any reviews. But don’t you think the company available in 150 countries should have some? Definitely. Yet, there is one review on the Reddit platform that exposes the Gevetex.com scam.
We already went through a few copy-pasted exchanges in our reviews, but these people recognize the pattern. Therefore, if you were scammed by these shameless swindlers, get in touch with us for refund advice.
Investment Costs With Gevetex.com
If you were expecting transparent fees from a shady crypto exchange, forget it. Even though they briefly mention their trading fees, that’s not all. As it seems, the Gevetex.com crypto exchange will also include some hidden fees in the deal. Nevertheless, advertised maker and taker fees for regular accounts are fixed at 0.2%.
However, Premium users can enjoy a bit lower fees of 0.14%. But there’s a catch. To activate a Premium account, you need to deposit a certain amount of money. Of course, undisclosed one. Also, if you reach 0.2 BTC on your account within 1 month of activation, you need to activate Premium to access the trade or withdraw the funds.
In general, crypto exchanges rarely offer bonuses. But even if they do, those are small amounts. However, sometimes those amounts can make a whole lot of difference.
Even though this investment company doesn’t reveal bonus offers, T&Cs reveal there could be some. Yet, the conditions are unknown. But if we rely on the Gevetex.com reviews, those won’t be any good.
Gevetex.com Trading Features
Obviously, the company presents itself as a stable and reliable crypto exchange. A few of their biggest achievements are automated trading tools and an earning system for coin staking. But after all the earlier false statements, it’s hard to trust these features are real.
Trading Platform Available
Another reason not to trust anything Gevetex crypto fraud offers is their web-based platform. It only offers basic placing order features and few timeframe customizations. However, none of the advanced features and tools are available.
Available Trading Assets
As it looks, the company only offers less than 20 cryptocurrencies. Mostly in correlation with one another. But if you are looking to purchase crypto, it seems you are in the wrong place. Anyway, you can trade:
- BCH/BUSD and a few more pairs
Generally, legitimate crypto exchanges offer various investment plans for customers, mostly including better conditions and lower fees. Of course, it all depends on the client’s trading volume.
Yet, Regular and Premium accounts with the Gevetex scam are not designed for the same reason. These are just created to extort more money from clients. A similar situation can be found in our Koypex review as well.
Mobile Trading App
Trading on a mobile device has been playing a huge role in recent years. Therefore, trusted exchanges tend to develop iOS and Android apps to attract more users, primarily due to security reasons. However, that’s not the case with this exchange.
Even though access to their platform is allowed, there are no virtual funds for trading. But to be fair, there’s nothing to test out. Everything is pretty obvious and reveals all the flaws at first glance.
In general, if the company wanted its customers to be profitable, they would offer educational programs. Or at least some educational material. But with Gevetex company, there’s literally nothing about education. So, you better check out some tips about education in our Synth Trade review.
The biggest issue with unregulated firms is always a withdrawal. It’s hard to know what to expect without specified policies and fees. Except for manipulation.
In fact, T&Cs reveal that only VIP members can have fast withdrawals. But still, nobody knows what fees are included. So, be careful because that’s an easy trick to get more money out of you.
One of the leading problems in the trading industry is customer support. Even though this firm promotes 24/7 support, none of the contact details are available. Active users probably get some end-to-end encrypted contact like WhatsApp or Telegram. Still, nothing reliable in the trading world.
Key Information To Consider About Gevetex.com
Firstly, you should keep in mind missing regulations and a lot of look-a-like platforms. Secondly, there are already some reviews pointing out withdrawal problems. Not to mention shady platforms, lack of trusted mobile apps, and transparent fees.
If you think that this company scammed you, feel free to get in touch with us. We offer you the first free consultation and assistance on the funds recovery process. Book your meeting today!
What is Gevetex.com?
Gevetex.com is a mysterious crypto exchange with a suspicious founder and registration details operating from an unknown location.
Is Gevetex.com a Legit Exchange?
Not at all. The company is not regulated by any trusted authority nor do they operate transparently.
Are There Ways to Trace Stolen Crypto?
Definitely. With our CipherTrace technology, it became a piece of cake. For detailed explanations and advice, feel free to send us a message.