Exbitron – Exchange Review
Quick take
Exbitron is a centralized cryptocurrency exchange founded in May 2021 and officially registered in Germany. The platform promotes itself as a low-fee hub for altcoins and niche projects. Currently, it lists around 38-44 cryptocurrencies, but daily trading volume remains very modest – usually only a few thousand dollars.
Interface and User Experience
The exchange features a very simple and functional interface, focusing on basic spot trading. It also supports API integration for developers. However, there is no mobile app, and the overall design looks more like a minimal tool than a mainstream trading platform.
Trading Options and Fees
Exbitron supports spot trading only, with no advanced products like futures or staking. The fee structure is relatively high compared to industry leaders:
- Maker fee: ~0.40%
- Taker fee: ~0.40%
- Listing fee: flat 0.006 BTC for new assets
Withdrawal fees are flat and minimal, but the high trading fees make small trades costly.
Assets and Liquidity
The platform offers a modest range of 38-44 crypto assets, including lesser-known altcoins. However, the 24-hour trading volume is extremely low – between $4,500 and $7,300. Such low liquidity creates a serious risk of slippage, making Exbitron unsuitable for high-volume traders.
Security and Regulation
Exbitron provides HTTPS encryption and DDoS protection, but it lacks any formal licensing, proof-of-reserves, or independent audits. Market trackers give it a zero trust score, and its domain reputation is weak. In terms of compliance and transparency, the exchange scores poorly.
User Reviews
On Trustpilot, Exbitron has an average rating of 2.3 out of 5 from 31 reviews. The most common complaints involve frozen withdrawals, poor customer support, and even scam accusations. While a handful of positive comments exist, overall sentiment is negative and highlights serious risks.
Pros and Cons
| Pros | Cons |
|---|---|
| Support for niche altcoins | Extremely low trading volume |
| Option to list obscure tokens at low cost | High trading fees (0.40%) |
| Simple and functional interface | Unregulated, no proof of reserves |
| Weak trust score, poor reputation | |
| User complaints about frozen funds and withdrawals |
Conclusion
Exbitron markets itself as a low-fee altcoin exchange, but reality shows otherwise. With thin liquidity, relatively high trading costs, and serious trust concerns, it is a risky option for crypto traders. The exchange may only appeal to project teams or enthusiasts wanting to list obscure tokens. For active traders, institutional investors, or anyone seeking reliability and transparency, Exbitron is not recommended. If you decide to try it, start with very small amounts and be prepared for potential withdrawal issues.
Disclaimer
“This content is for informational purposes only and does not constitute financial advice. Please do your own research before investing.”
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