ROXEXchange is a trading service that provides investors with Bitcoin, Ether, IDA, Dogecoin and other digital currencies. However, ROXEXchange not only failed to provide its regulatory or authorization information, but also failed to provide contact information to inquire about its regulatory or authorization.
Company background:
ROXEXchange does not provide company registration information, nor does it provide office address information, so it is impossible to verify and confirm the company's registration information via the Internet. In addition, the domain name registration information of the website queried by Whois shows that the company's official website domain name was registered on September 4, 2023, and the domain name registration time is not more than 1 year ago.
Account Registration:
According to ROXEXchange's website, the company provides investors with a link to sign up for a real account. The way to register a real account is: Click "Register" in the upper right corner of the ROXEXchange official website, or click "Register now" on the left side of the ROXEXchange official website homepage to enter the account registration page. Select "Common registration" or "Email registration" and fill in the relevant information. After entering the "User Center", click "Nickname" and select "Go to verify" to complete the primary verification and advanced verification, you can complete the real account registration. The ROXEXchange account registration page supports simplified Chinese, Traditional Chinese, English, and Japanese. However, the ROXEXchange website does not provide a link to sign up for a demo account.
Transaction mode:
According to the official website of ROXEXchange, the company provides investors with three different types of trading modes: Coin transaction, Perpetual Contract and Delivery contract. However, the official website of ROXEXchange only provides the trading products covered by these three modes, and does not provide the trading spread, commission, minimum trading unit, maximum trading unit and other information of the specific trading products covered by these three trading modes.
Trading Products:
Although the official website of ROXEXchange provides specific trading products, the official website of ROXEXchange does not provide trading spreads, commissions, minimum trading units, maximum trading units and other information for specific trading products.
Margin ratio:
The ROXEXchange website does not provide margin (leverage) ratio information for digital currencies such as Bitcoin, Ether, IDA, and Dogecoin.
Trading Hours:
The ROXEXchange website does not provide information on the trading hours of digital currencies such as Bitcoin, Ether, IDA, and Dogecoin.
Charge and withdraw:
The official website of ROXEXchange does not provide the method or channel of filling and withdrawing coins supported by it, nor does it provide the currencies supported by filling and withdrawing coins, as well as the cost and time of filling and withdrawing coins.
Trading Software:
According to the ROXEXchange website, the company provides investors with web, mobile (IOS/Android) and API trading software.
Other services:
According to ROXEXchange's website, the company provides mining and asset management services for investors. Among them, the mining machine service is the mining machine rental service provided by ROXEXchange for investors.
Regulatory information:
Although digital currencies and their related institutions have not formed systematic regulation or authorization on a global scale, some developed countries or regions such as the United States have repeatedly emphasized the regulatory requirements for digital currencies and related institutions. The official website of ROXEXchange does not provide the regulatory or authorization information obtained by it, nor does it provide registration information or office information so that investors can query and verify the regulatory or authorization obtained by it.
Summary:
ROXEXchange is a Ponzi scheme. On the one hand, ROXEXchange does not provide company registration information, nor does it provide office address information, and the company's registration information cannot be verified and confirmed through the Internet. On the other hand, although digital currencies and their related institutions have not formed systematic regulation or authorization on a global scale, some developed countries or regions such as the United States have repeatedly emphasized the regulatory requirements for digital currencies and related institutions. The official website of ROXEXchange does not provide the regulatory or authorization information obtained by it, nor does it provide registration information or office information so that investors can query and verify the regulatory or authorization obtained by it. Judging from this, ROXEXchange is a Ponzi scheme, and investors need to be careful about which services the company offers. TraderKnows reminds you, please pay attention to your property safety, to avoid falling into the fraud trap.
