VAEX Review: Is This Crypto Exchange Legit or a Scam?
When you hear VAEX, a crypto exchange that claims to offer fast trades and low fees but shows zero public track record. Also known as VAEX.io, it’s one of those platforms that pops up with flashy ads but disappears when you ask for proof. If you’re wondering whether VAEX is safe to use, the answer isn’t hidden in its website design—it’s in what’s missing: real users, audits, customer support, and regulatory status.
Most trustworthy exchanges like Coinbase or Swyftx are open about their licenses, team members, and security measures. VAEX does none of that. No company registration details. No independent audit reports. No user reviews on Trustpilot or Reddit. Even its social media accounts look empty, like they were created yesterday and never touched again. That’s not just sloppy—it’s a classic scam signal. Unregulated crypto exchanges, platforms that operate without oversight from financial authorities like the SEC or FCA often rely on hype and urgency to trap new traders. They promise high returns, then vanish with your funds. VAEX fits that pattern perfectly.
Compare it to other exchanges you’ve seen reviewed here—like BIJIEEX or IncrementSwap. Both were flagged for the same reasons: no transparency, no support, no history. And yet, people still sign up, lured by promises of quick profits. The truth? If a platform doesn’t want you to know who runs it, you shouldn’t trust it with your money. Crypto exchange scams, fraudulent platforms designed to steal deposits under the guise of trading services are rising fast, especially in niche markets where regulation is weak. VAEX isn’t an outlier—it’s a textbook case.
What you’ll find in the posts below are real breakdowns of exchanges like VAEX—ones that look good on paper but fall apart under scrutiny. You’ll see how they hide behind vague terms, fake testimonials, and misleading claims. You’ll learn how to spot the red flags before you deposit a single dollar. And most importantly, you’ll find safer alternatives that actually deliver on their promises. Don’t gamble with your crypto. Know what you’re getting into first.
28 Oct 2025
VAEX crypto exchange withdrew its Hong Kong license application in May 2024 and has had zero trading activity since. No user reviews, no volume data, no security details - it's effectively dead. Here's why you should avoid it.
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