The website is owned by Crypto Arby Trade Limited. However, Astroxbit does not inform customers about the jurisdiction of the website owner, nor about the history of its creation. Nevertheless, the “About the Company” section says that the firm “has come a long way from an exchange platform to a fine-tuned mechanism”, and the User Agreement is allegedly updated on May 19, 2022. As for the domain, it was only registered in August 2023 in the United States. In addition, the exchange does not have a license. Although it is currently unregulated, the administration claims to have implemented a system that complies with European Union standards, but this is not documented. In addition, the Privacy Policy refers customers, on the issue of protecting their rights, to US law. Finally, the site prohibits transactions with citizens and companies of sanctions-listed countries.
Can this crypto exchange be trusted? How reliable is this service? We will find out how safe it is to trade digital assets here based on the legal and technical information of this company.
Investment Conditions
Astroxbit provides services for trading cryptocurrencies. The website features portfolio monitoring, a table of online market movements, and personal analytics of transaction histories. The platform does not provide a mobile app, but users can access the online site account from their phones or other devices to complete transactions.
You will receive additional bonuses, coupons, and rewards in case of active participation in the work of the exchange. For certain actions, your account will be credited:
- $3 – passing KYC upon registration.
- $10 – if you reach a spot trading volume of $1,000.
- $50 – if you reach $50,000 in trading volume.
- $500 – if you upgrade your account to an institutional account.
Maker and Taker commissions on Astroxbit are the same at 0.20% for regular users. VIP users pay a lower fee of 0.14% of the amount. At Astroxbit, customers can participate in a referral program. This system includes 3 categories of operators. The rewards for program participants are differentiated depending on the status of the referred referral: 2.5%, 10%, and 50% commission. In addition, you will receive 0.01% (in BTC) of all deposits of your friend.
Some pages of the Astroxbit website are blocked or under development at the time of our review of its operation. There is no phone number for contact, and inactive online chat, which the administration refers to in its Rules. Icons of social networks such as Facebook and Instagram are not active. The link to the exchange’s Twitter account will take you to a blank page with the exchange’s logo.
FAQ
Would investing in Astroxbit offer the best returns?
Crypto trading is risky because prices can fluctuate on a daily basis. You can also unexpectedly lose the value of your assets due to the bankruptcy of an exchange or the termination of its activities due to blocking by government agencies. Therefore, you should choose more reliable services rather than such anonymous exchanges.
Does Astroxbit carry out withdrawals?
You may not receive your funds if you become a victim of fraud or incompetence of the exchange administration. According to clients' feedback, their accounts are often blocked without explanation. Share your trading experience in the comments.
May I be scammed on astroxbit.com?
There is no transparency on this site, no legal documents, no license, and no working communication channels. The interface design is very cheap, and the functionality is largely non-working. This indicates a high probability of fraudulent activities by the company.
What's the best way to share my experience with Astroxbit?
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How can I tell if Astroxbit is a fraudulent company?
Do your own research and never believe those who promise you easy money.
14 reviews about Astroxbit