Dybitox Review – Fake Statements, Trading Conditions and Security

Dybitox crypto exchange appears to be registered in Malta. At least, the governing law for any disputes is there. Yet, transparent physical addresses or headquarters are not revealed. Even more surprisingly or not, whatever you like, they don’t reveal ownership details.
Even at first glance, you can find too many major warning signs. But there’s much more we will reveal in this unbiased Dybitox review.
Broker status: | Unregulated |
Regulated by: | No regulations |
Operating Status: | Active crypto scam |
Known Websites: | Dybitox.com |
Blacklisted by: | N/A |
Owner: | N/A |
Headquarters Country: | N/A |
Foundation Year: | 2023 |
Online Trading Platforms: | Web trader |
Mobile Trading: | N/A |
Minimum Deposit: | N/A |
Deposit Bonus: | N/A |
CFD Trading Option: | No |
Crypto Asset Trading: | Yes – BTC, LTC, ADA |
Available Trading Instruments: | Cryptos |
Maximum Leverage: | N/A |
Islamic Account: | Not available |
Free Demo Account: | Not available |
Accepts US clients: | US clients are accepted |
Global Fraud Protection Experts’ Verdict: | This company operates with maximum anonymity and they expect investors to trust them with money. With too many bogus lies from their side, you should avoid them at a wide angle. If you already got involved with them, we suggest you contact us for refund assistance immediately. |
Is Dybitox Legit or a Scam?
Dybitox company is the greatest representative of scammers. Firstly, they are an anonymous company. Secondly, they claim to be the largest crypto exchange in the world. But also, the company claims they have been operating since 2018. Maybe under a different name, but the Dybitox crypto exchange appears to be registered in September 2023. At least according to who.is records.
In addition to that, the company is not found in any Tier 1 regulatory register. Yes, if you are wondering, crypto exchanges should have DASP/VASP licenses these days.
How Does Dybitox Work?
Since the company is freshly registered, a lack of user reviews might be a problem. Anyway, the Dybitox scam is obviously based on manipulation. Therefore, be careful when scrolling your social media because their fraudulent ads might come up. With the development of AI, these companies have another ace on their sleeve.
They can use AI bots to modify videos and make them look like celebrities are offering some giveaways. But don’t fall for those tricks before you do your research. Also, they might offer you something for free just to extort your contact details. The rest is a nightmare. If you have experienced something similar, feel free to leave a comment below. Even better, you can contact our refund experts for advice.
Who Are Dybitox Victims?
As it seems, the company is mainly operating on European soil. Unfortunately, the two countries are heavily on the target. The research shows that the Dybitox crypto scam is mainly active in:
- Albania
- Italy
Since Italy has quite a reputable regulator, CONSOB, it’s just a matter of time before this company is exposed. Yet, the key to that is your opinion about this firm. Therefore, we encourage you to leave a comment below or contact us directly. Either way, you can get advice about refunding your money.
What Are Trading Platforms Available?
In general, trusted crypto exchanges usually develop proprietary trading apps and wallets. Mostly, these are downloadable for desktop and mobile devices.
Yet, with the Dybitox exchange, that’s not the case. As a sad option, they opt for a web-based platform. Instead of advanced analysis and trading features, you can only expect manipulation. Yet, our NFTvisionFX review will show you that trusted software doesn’t make a broker trusted as well.
Is the Dybitox Mobile Trading App Available?
Overall, iOS and Android apps play a key role in trading nowadays. There are more and more traders that are part of communities or copy-trading groups. Therefore, these clients need to have a dedicated app to trade anywhere. However, with Dybitox company, that would be very stressful.
What Financial Instruments Does The Platform Include?
When the company is not legitimate, tradeable instruments are your last concern. But if you still trust these guys, you’ll have just a few cryptocurrency pairs. Compared to some Tier 1 licensed exchanges, these are peanuts. Anyway, the options are:
- BTC/USDT
- SOL/USDT
- ADA/USDT
- LUNA/USDT and a few more.
Account Types Offered by Dybitox
Usually, crypto exchanges don’t have conventional account types. Instead, they offer VIP packages that include lower fees. Of course, the only logical metric is the trading volume. The more you trade, the more benefits you have.
With the Dybitox scam exchange, only Premium users can get a bit better fees. Yet, the conditions required for the Premium account remain unknown.
Can a Trader Use a Dybitox Demo Account?
Even though access to their web-based platform is free, you won’t have virtual funds available. Either you go pedal to the metal, or you stay patient.
Generally, crypto exchanges rarely offer demos. But still, without credibility and transparency, it’s not worth depositing even $10. But to see what to look for in an investment firm, check our Spartan Trade review.
Dybitox Fees, Spreads, Leverage and Commission
Overall, maker and taker fees are considerably low. Both are fixed at 0.2% for regular users. As mentioned, Premium users have slight benefits there, and their fees are 0.14%. Besides these, none of the other costs are revealed by the company.
Is the Dybitox Welcome Bonus Available?
Lately, you will see even top-tier licensed exchanges offering bonuses. These are mostly to motivate investors to invest in some new cryptos or some new deals.
Yet, with Dybitox, you won’t have such deals available. At least not transparently. But if you get any in the future, make sure to check the bonus policy first.
Is Dybitox Withdrawal Possible?
Considering a completely anonymous approach and lack of regulations, you can’t expect smooth withdrawals. In the first place, the company claims to have a 1% withdrawal fee. Yet, the processing time of that withdrawal remains unknown for regular users.
Of course, VIP users can get slightly faster processing. But also the same potential issues. A disturbing fact is that the company is charging an 18% taxation fee for the first withdrawal. However, they are not the ones who should charge you for that. It’s your country! Keep that always in mind.
What Should I Do If I Have a Dybitox Problem?
Generally, the company is absolutely anonymous, and it’s hard to determine where to complain. But surely, leaving a comment including personal experience can help. However, in the end, everyone is looking to get their money back.
Our refund specialists are there to advise you step-by-step about the refund procedure. Most importantly, our clients don’t have any obligations or commitments in the first meeting. After all, it’s free of charge. Therefore, nothing is stopping you from contacting us already today. Is it worth it if we show you how to get your money back? Right! Get in touch.
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