ExtStock – Exchange Review

Snapshot

ExtStock launched in 2018 with big promises – fiat support, fast API, own token, and UK registration. It was supposed to be a professional trading hub. But fast forward a few years, and the platform is effectively dead. No trading pairs. No activity. Users left behind.

What was the pitch

From the outside, it looked legit.

• Registered in the UK
  
• Fiat support for USD and EUR
  
• Proprietary XT token (ERC-20)
  
• Claimed separation of hot and cold wallets
  
• Up to 1000 API calls per second
  
• Targeted scalpers and algo traders
  

There was even talk of a mobile app and margin features. It felt like a serious project trying to play in the big leagues.

What worked briefly

The interface was clean and easy to use.
They promoted the XT token with airdrops.
The team offered low-cost listings to new projects.
New users were onboarded with bonuses.
Basic features worked – deposits, orders, charting.

Then came the collapse

Liquidity disappeared

By late 2020, volume dropped off a cliff.

• 0 trading pairs
  
• 0 daily volume
  
• 0 listed coins
  Nothing functioned anymore. The exchange just sat online, but did nothing.
  

Trust broke completely

Reports surfaced of:

• Fake volumes
  
• Price manipulation
  
• Frozen withdrawals
  
• Customer support gone silent
  
• No response to user complaints
  

People tried to withdraw – nothing arrived. Reviews turned harsh. Forums started calling it a live exit scam.

The XT token? Dead

Their ERC-20 token was supposed to power internal operations – reduce fees, unlock features.
But it has:

• No liquidity
  
• No use case
  
• No external exchange listings
  
• No reported circulating supply
  
• No price chart movement
  

Just a ghost token. No development. No activity.

Security and transparency

At launch, they claimed 90% of funds were stored in cold wallets.
They advertised DDoS protection, SSL encryption, and “military-grade infrastructure.”
But no audits.
No proof-of-reserves.
No bug bounties.
No public disclosures.
Nothing to verify anything they said.

User feedback

Reviews online are brutal.

• 1-star Trustpilot ratings
  
• Accusations of scam
  
• “Money stuck” stories
  
• No support replies
  Even those who liked the platform early on eventually gave up hope. The pattern was clear – funds in, nothing out.
  

What’s missing

• No trading engine
  
• No working token utility
  
• No support or status updates
  
• No license transparency
  
• No roadmap
  
• No communication
  

Who was it for

In theory, ExtStock would have suited:

• European traders using fiat
  
• Small token teams seeking listings
  
• High-frequency traders using API
  But today – it’s for no one.
  

Final word

ExtStock looked promising in 2018. But that promise collapsed into silence. Zero volume. Dead token. Frozen withdrawals. It’s one of those exchanges that went from buzz to blackout. If the brand ever reappears – stay away. For now, ExtStock is done. Avoid completely.