BitexPro claims to be an online crypto venture which offers its customers the Zenex coin. However, various BitexPro reviews indicate it might be a dangerous scam.
When I looked into the company, I found several red flags myself. Hence, I’m fairly certain that BitexPro Eu might not be as reliable as it claims to be.
There are multiple reviews online highlighting how this cryptocurrency broker scammed them.
For example, one trader lost 62,000 rubles with this broker. He says it is a complete scam and people should not get involved with it.
Here’s another review who lost $12,000. The reviewer points out that BitexPro makes false claims about its customer support as it doesn’t work at all.
Moreover, I found another review where the person lost 80,000 rubles to the fraudulent broker.
Additional Red Flags in BitexPro:
Apart from the multiple reviews calling this forex broker a scam, there are several additional red flags indicating BitexPro is not a reliable firm.
In the footer of their website, you’d see that the owner of this forex broker is GoldFort OU, an Estonian company.
Their address is Vana-Narva maantee 18, Maardu, 74114 Harju maakond, Estonia.
Surely, all of this looks quite legitimate.
But, it’s all lies.
BitexPro is using the name and business address of a completely different company which has no association with them whatsoever.
Their fees are substantial as well.
The minimum deposit requirement is $10 while the deposit fee is 4.5%. On top of that, you’d have to pay a withdrawal fee of 4% and $6.
However, they claim to have different fee structures for different payment types but all of them have relatively the same charges.
Zenex Coin:
Apart from being a forex broker, BitexPro is the issuer of Zenex Coin as well. According to their website, Zenex Coin is a token to help businesses perform transactions more efficiently and effectively.
They claim it is an innovative financial solution and helps you recharge your balance of online gaming services.
Also, BitexPro claims that Zenex will help people save themselves from fraudulent chargebacks.
However, trusting the Zenex coin is more difficult as there is no information on the people behind the coin.
Although Zenex coin shares the name of Lina Rice as the CEO of Bitexpro, you don’t find any information online when you look up her name online:
The same is true for all the other team members of Bitexpro and Zenex.
Furthermore, it seems like BitexPro wants people to post fake reviews about it online to promote their brand. For this purpose, they have launched their Ambassador program which gives ‘points’ to people for posting social media posts and articles promoting the firm.
Conclusion
Clearly, Bitexpro is an extremely shady venture. The cryptocurrency broker has its own token but uses lies and deceptive marketing to get ahead.
Recently, many scams have begun popping up in the cryptocurrency industry.
For example, LyoPay is a ponzi scheme posing as a cryptocurrency exchange. Similarly, OmegaPro is another shady venture which has been blacklisted by multiple financial regulatory authorities all across the globe.
You also have scammers like Sulim Malook and Bryan Legend, targeting crypto enthusiasts.
Hence, you should be extremely cautious while dealing with suspicious companies like BitexPro.
In my opinion, you should avoid dealing with BitexPro and Zenex.
I checked out their website and yes, they are definitely a scam. No legit broker keeps so many details hidden. I don’t trust their minimum deposit requirement too. These guys are charging way too high commissions.
So many scam coins are coming in the industry nowadays you’d think people will start recognising them. But nope, you still have fools investing in scams like zenex smh
Yeah man I feel you. My experience with Bitexpro was terrible. I can’t believe such forex brokerages are still operating in the industry. Like, how can they run without facing any legal punishment?