ZBTCEX Review – Why Not To Trust Unregulated Companies?
ZBTCEX Review – Why Not To Trust Unregulated Companies?

The ZBTCEX company appears to be registered in China. Thus, no legal information, such as registration or license details, is available to back that up. With this in mind, it’s quite easy to predict where this all goes.

But stick with us in this honest ZBTCEX review if you want to keep your money safe in the future. Also, if you want to know how to recover funds lost in crypto scams.

Regulated By: No Regulations
Is This Company Safe? No
Known Websites: Zbtcexs.com (inactive); zbtcex.com (inactive)
Have Warnings From: N/A
Registered In: China (allegedly)
Operating Since: 2021
Trading Platforms: WebTrader
Maximum Leverage: N/A
Minimum Deposit: N/A
Deposit Bonus: N/A
Trading Assets: Cryptos
Free Demo Account: Not Available
How To  Withdraw From This Company? After numerous negative reviews and missing regulations, this exchange became known for withdrawal issues. Therefore, stay away from them and if you have money stuck there, contact us for refund advice.

Legal Info: Is ZBTCEX Legit Or A Scam?

Generally, the company did present itself in the best light possible. Thus, without Digital Asset Services Provider licenses, it’s hard to be trusted. Let’s just say this – in case they had an FCA, BaFin, or ASIC license, they wouldn’t get their website shut down.

So now, without regulations, all traders who got scammed don’t have any compensation. The company disappeared, and most of them didn’t know what to do next. This is especially true because, according to numerous ZBTCEX reviews, most of the transfers have been done through crypto.

Who Are ZBTCEX’s Victims?

With its services dating back to 2021, the company had plenty of time to build its reputation. However, they managed only to destroy it. And now, it’s not surprising the company vanished. Nevertheless, the ones who took the biggest hit were coming from: 

  • United States
  • Canada

Regardless, it’s important to learn how to recognize fraud. And that’s where our Bitetoro and Tipitek reviews might help you. As for crypto recovery, feel free to contact our refund team for advice on the next steps.

Traders Reviews

As can be seen, the ZBTCEX exchange has a terrible rating among traders. Many reviews point out all the issues traders can expect with this company. Primarily with their support and withdrawal-related problems.

Even on the Reddit platform, there’s much talk about the company being a fraud. After all, if they were not, they wouldn’t disappear. And all these traders in the end faced the same problem – frozen accounts. If that happens to you as well, feel free to contact our team for recovery options.

Leverage, Commissions, Spreads, Fees and Taxes

Overall, if the company operates without a license, none of its fees truly matter. Usually, T&Cs reveal those fees are subject to a change at any time without prior notice. So, one day, everything is fine, and the other, everything collapses. 

However, to make everything worse, this firm didn’t reveal any costs at all.


On the positive side, this crypto exchange didn’t offer any bonuses. At least nobody talks about it, or they don’t even realize that’s what causes problems. Anyway, it appears this firm has been offering loans. Which might be quite tricky since that can be considered loan-sharking.

ZBTCEX Trading Features

In general, all trading features with this company were related to crypto exchange services. Traders were lured to invest in crypto mainly due to its anonymity. On a fictive platform, they might be presented with fake positive results, and that’s when they start putting in more money. Thus, all features this company offered were not backed up by any regulation.

Trading Platforms Available

In addition to generally poor features, the company also offered only a web-based platform. ZBTCEX crypto exchange didn’t even develop adequate wallets or mobile apps. Therefore, if you see something like that in the future, make sure to run away.

Available Trading Assets

Tradeable assets with unregulated exchanges should be your last concern. After all, everything is fake, so why wouldn’t assets be? In any case, if you completed the ZBTCEX login procedure, you would see mainly the most popular crypto assets like: 

  • BTC
  • ETH
  • LTC
  • XRP
  • ADA and a few more

Account Types

Currently, without a transparent user agreement, it’s hard to see if the company has any specific account classification. But fraudulent exchanges usually offer VIP or Premium packages to make traders deposit more money. Yet, in return, they get some completely fictional features, such as fast withdrawals that should be generally a rule for everyone.

Mobile Trading App

Another huge downside of this company is a lack of trusted mobile apps. Even if the apps were advertised on the ZBTCEX website, they couldn’t be found in trusted stores, such as the PlayStore or AppStore.

Demo Account

Before you start trading with any company, it’s recommended that you test their features through a demo account. Many trading firms offer that option. Exchanges offer it only if they offer crypto trading services. In any case, with this firm, such a feature was not an option.


No matter what educational program this company might have been offering, without a license, it’s completely irrelevant.

Ultimately, their goal was to make traders believe they were making money. If they truly wanted you to be successful, they would be regulated in the first place.

ZBTCEX Withdrawal

The biggest problem here is the ZBTCEX withdrawal procedure. Many clients reported issues along the way, and their accounts were eventually frozen. Once the company realizes you won’t pay them any more money, they freeze your account and stop responding to you.

That’s all the result of missing DASP/VASP regulations. Even if the company had a transparent withdrawal policy, which we doubt, it would be useless without a license.

Customer Support

Another problem with the ZBTCEX scam company is its customer support. They have been using encrypted services like Telegram to communicate with their customers. They can simply remove you from their group if they don’t want to talk to you. Therefore, make sure to find companies with more transparent contact options and legal information.

Key Information To Consider About ZBTCEX

Firstly, the company was operating without a license. Secondly, they didn’t offer trusted software. Thirdly, the company has too many unsatisfied customers who mainly reported withdrawal issues. If that’s not enough to avoid the company, nothing will be.

Luckily, or not, the company vanished. So you can’t get scammed by them. Unless they resurrect with another trading brand. You will be prepared after this ZBTCEX review. Anyway, if you want to get your money back from this or any other company with the same issues, feel free to contact our refund experts.

FAQ Section

What is ZBTCEX?

ZBTCEX is an anonymous crypto exchange that was run on two domains of which both are inactive right now.

Is ZBTCEX a Legit Crypto Exchange?

Not at all. ZBTCEX company was not regulated by any regulatory institution. On top of that, many reviews point out disturbing problems with this firm.

What is CipherTrace?

CipherTrace is a tool for tracking crypto transfers that help our team in funds recovery procedures. To find out more details, get in touch.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

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