ChaoEX Review 2023 - The Exchange Is Closed!

2.6 / 5

8 user reviews

1.0 / 5 Our Score

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Country: Hong Kong

Launched: 2017

Site: www.chaoex.com

Volume: $ 199,792,002.0

Pairs: 71

Mobile app: iOS, Android

Full address: Unknown

Fees: Trading Fees: All users：0.1% trading fee. Two - way charge：buy 0.1%+ sell 0.1%（deduct from the received asset).

Deposit Fees: Free.

To access the CHAOEX full detailed fee structure, please visit https://www.chaoex.com/rateexplain.

Grade points: 0.00

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Written by Jinny Butterworth

Financial journalist. I've been covering financial markets since 2005. Cryptocurrency writer since 2016. Love cooking, reading and spending time with my dogs.

May 29, 2020

The cryptocurrency exchange ChaoEX is currently closed and its website is offline. ChaoEX was established in 2017 as a Hong Kong based entity with the European license. In 2019, multiple cases were reported when users were not able to withdraw money or reach out to the ChaoEX customer service.

ChaoEX is considered to be an exit scam, which made off with considerable amounts of money.

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Our Score

Functionality 1 / 5

Reputation 1 / 5

Security 1 / 5

Support 1 / 5

Fees 1 / 5

Our Score

1.0 / 5

Pros and Cons

pros

None

cons

Exit scam

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User reviews

Fedor 8 April 2020

1.0

From January 12 do not answer at my requests #4854, #4932, #5360. I can't withdraw my funds!

Fred 8 February 2020

4.0

The verification isn't supposed to take so much time, I think. I've spend 3 days just to complete. The the only thing really makes me nervous. otherwise, the withdrawals and Deposits are operated smoothly.

Paulsen 7 February 2020

4.0

I received the message twice that I ought to complete the verification, it was unexpected but I did and that's ok right now so for no more problems with the exchange. My transactions pass through all the time.

Korobkin Hryhorii 7 February 2020

1.0

Для вывода средств нужно вся ваша инфа вплоть до анализов иначе не выведете средства! хотя даже после этого месяц прошел, и мне до сих пор не перевели мой эфир так как все у низ типу в ручном режиме! СКАМ, не советую сюда ничего переводить иначе потеряете!

Farrel 12 January 2020

2.0

I'm calling it unexpected verification, because firstly it allows to use the exchange, but then, in the middle of transaction it demands to compete this annoying proccesing. It could take for ages but nobody is going to return your funds, you are supposed to wait their approval and say goodbye to your funds in the mind.

Country: Hong Kong

Launched: 2017

Site: www.chaoex.com

Volume: $ 199,792,002.0

Pairs: 71

Mobile app: iOS, Android

Full address: Unknown

Grade points: 0.00

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