ExMarkets
Key Data
- Trading Name: ExMarkets
- Legal Entity: Chain Framework Ltd., B.V.I.
Advanteks OÜ - Activities: Digital asset (crypto) exchange
- Location: Estonia
- Regulations:
- Key People: Tadas Kasputis (Linkedin).
ExMarkets is a digital asset (crypto) exchange operated via entities in Estonia and the British Virgin Islands (BVI). Users can trade cryptocurrencies and get a chance to participate in token sales in crypto projects via the ExMarkets Initial Exchange Offering (IEO) LaunchPad.
ExMarkets entered the crypto market in 2018 and has 160,000 members actively trading on the platform daily. It has hosted more than 60 Initial Exchange Offerings and generates a daily trading volume of around $30,000.
Users can make deposits in Bitcoin, Ethereum, and other supported cryptocurrencies, tokens, and fiat. Deposits are possible via wire transfer but not via credit card.
According to some crypto blogs, the exchange should have all customer assets on cold wallets by the time of payout.
ExMarkets is part of the CoinStruction liquidity framework, aggregating the order books of the most prominent cryptocurrency exchanges and guarantees 24/7 crypto liquidity.
The company was established by Tadas Kasputis (Linkedin).
The Estonian entity used to have a crypto license until March 2020.
Conclusion
Due to the renounced license and the unregulated offshore operation, we place ExMarkets on our “Orange Compliance” list.
Exmarkets, is a scam daylight robbers- dont give them your money as they dont return it when asked, then ignore all communications
Exmarkets.com Crypto exchange is a total scam, day light robbers they take your deposits eagerly, but wont let you withdraw your own funds, i have written tickets 59991+ 5965+59343+58321+56929+5634+ 61520 and emails daily requesting withdrawal of my 7502.47 ADA since 01st February 2023, there support responded and stated they were going to black list me for emailing and asking for my funds, 8 months later, from the first request my withdrawal is still processing, i have lodged another ticket with support, i notice that the SSL Cert is out of date and the office address has been moved to london,from BVI and Europe, i have reported the stealing of funds and fraud to the serious fraud office and finra in the BVA, Latvia, Lithonia and the UK, also informed exmarkets, will be sending new recovery agents to the New London address, to serve papers, dont use this exchange , check the feedback on customer usage, this is not an isolated occurrence, they have taken many 10s of 1000 from customers