Topic: [ALERT] MXC Exchange- www.mxc.com (Scam Exchange) (Fake Volume) (Read 652 times)
I believe this was some reverse-marketing campaign back in the days made by disgruntled individuals & fake accounts too, when MXC Exchange was still new. I can tell you that, this was not even the worst back then. Some exchange that popped up out of nowhere had this similar issues even before 2018, to a point that Twitter, Facebook and Telegram was on the verge of an all-out banning of crypto-currency marketing (only Facebook kept the ban), advertisements, and their competition's reverse-marketing. I was an active crypto enthusiast back in the days that I saw this stuff - cryptocurrency wars.
January 14, 2021, 08:59:07 AM
I know this thread is quite an old thread but I felt the need to post our experience with MXC.
We receive some affiliate commissions in TRTL, a crypto currency that is barely used on exchanges, and we got nothing to do with these tokens, other than convert them to another widely used Crypto currency.
So we gave MXC a shot, deposited the tokens in their platform, it was very easy to convert it to USDT without any troubles and for a reasonable price. The withdrawal of the USDT funds is only a $0.20 fee is processed via TRC20 - it was processed almost quite instantly, no issues whatsoever.
Our experience was more than OK with this website. So just sharing it. Thanks.
We receive some affiliate commissions in TRTL, a crypto currency that is barely used on exchanges, and we got nothing to do with these tokens, other than convert them to another widely used Crypto currency.
So we gave MXC a shot, deposited the tokens in their platform, it was very easy to convert it to USDT without any troubles and for a reasonable price. The withdrawal of the USDT funds is only a $0.20 fee is processed via TRC20 - it was processed almost quite instantly, no issues whatsoever.
Our experience was more than OK with this website. So just sharing it. Thanks.
December 09, 2020, 10:27:32 PM
MXC Exchange (www.mxc.com) has scammed various users and projects. Please be alert before going for listing or trading on this exchange. As soon as you deposit the assets in your account, the exchange will freeze your account and will lock your account. The support will never reply you and you will have no access to your funds. If you claim account in their telegram group they will ban you. so please be alert
Recently they scammed BitcoinBing (www.bitcoinbing.io) and also they have filed a lawsuit against MXC
Proof: https://medium.com/@bitcoinbing/scam-alert-mxc-exchange-www-mxc-com-scammed-bitcoinbing-15d889f257e9
1. Fake community
Twitter (only 290 followers)
Their official twitter account
https://twitter.com/MXC_Exchange
Facebook page deleted:
https://www.facebook.com/MXC.ExchangeCenter
Fake Members in official channel (https://t.me/mxc_support )
There telegram channel @mxc_support which have 27k plus members . Out of which 95% users doesn’t exist and there user name shows” Deleted account”.
Proof:
https://i.postimg.cc/6qfBQmQ1/Whats-App-Image-2018-11-19-at-12-09-30-AM-1.jpg
2. They Lock accounts after you deposit any assets
Proof:
https://i.postimg.cc/05hSKtCX/IMG-8035.jpg
3. Fake volume on exchange
you can see on their exchange that volume increases in coins or tokens without change in price of tokens. Volume is fake because practically token or coin cannot be traded at the same price all the time.
Proof: https://www.mxc.com/trade.html?symbol=MX_USDT
https://i.postimg.cc/wB6zfp9f/Screenshot-3.png
4. NO information about the registration of exchange, head quarters, team etc
Proof: https://www.mxc.com/intro/aboutus
Their scam ETH address:
https://etherscan.io/address/0xd24a39251b6eda2656e127895bd254093f161640
ERC20 token address Holding more than 5 million BING and other coins:
https://etherscan.io/address/0x0211f3cedbef3143223d3acf0e589747933e8527#tokentxns
No details of domain:
https://whois.icann.org/en/lookup?name=www.mxc.com
Another Exchange (bestquality.exchange) that recently turned into scam was hosted on same iP address, onwhich MXC is hosted right now
Proof: http://reverseip.domaintools.com/search/?q=mxc.com
Recently they scammed BitcoinBing (www.bitcoinbing.io) and also they have filed a lawsuit against MXC
Proof: https://medium.com/@bitcoinbing/scam-alert-mxc-exchange-www-mxc-com-scammed-bitcoinbing-15d889f257e9
1. Fake community
Twitter (only 290 followers)
Their official twitter account
https://twitter.com/MXC_Exchange
Facebook page deleted:
https://www.facebook.com/MXC.ExchangeCenter
Fake Members in official channel (https://t.me/mxc_support )
There telegram channel @mxc_support which have 27k plus members . Out of which 95% users doesn’t exist and there user name shows” Deleted account”.
Proof:
https://i.postimg.cc/6qfBQmQ1/Whats-App-Image-2018-11-19-at-12-09-30-AM-1.jpg
2. They Lock accounts after you deposit any assets
Proof:
https://i.postimg.cc/05hSKtCX/IMG-8035.jpg
3. Fake volume on exchange
you can see on their exchange that volume increases in coins or tokens without change in price of tokens. Volume is fake because practically token or coin cannot be traded at the same price all the time.
Proof: https://www.mxc.com/trade.html?symbol=MX_USDT
https://i.postimg.cc/wB6zfp9f/Screenshot-3.png
4. NO information about the registration of exchange, head quarters, team etc
Proof: https://www.mxc.com/intro/aboutus
Their scam ETH address:
https://etherscan.io/address/0xd24a39251b6eda2656e127895bd254093f161640
ERC20 token address Holding more than 5 million BING and other coins:
https://etherscan.io/address/0x0211f3cedbef3143223d3acf0e589747933e8527#tokentxns
No details of domain:
https://whois.icann.org/en/lookup?name=www.mxc.com
Another Exchange (bestquality.exchange) that recently turned into scam was hosted on same iP address, onwhich MXC is hosted right now
Proof: http://reverseip.domaintools.com/search/?q=mxc.com
Starting to think MXC is definitely a scam - specifically with their ETF RSR3L/USDT
Every exchange in the world shows RSR up 10-11% except MXC shows down 8% causing the ETF to be down 3x7% or -21% SHADY. Also l limit orders get replaced instantly by bots it seems to stop a large block or manipulate it whichever way they’ll make more $ off of doing so. Contacting my attorney tomorrow. I have screen footage of it happening
i registered on MXC today for an upcoming IEO. Support/admin were very responsive on Telegram to my queries. Will keep you posted.
I don't know what went wrong to MXC, but I do know that the bitcoin bing is a fake project, it is a totally scammer project. And I have been using MXC for nearly 1 year, nothing went wrong. Maybe you can go to customer service for help.
Hi jatinjax1,
I will show you the reason why we decided to delist BitcoinBing. The reason why MXC exchange decided to delist the BitcoinBing was that BitcoinBing project behaved different from what we made agreement before listing, and BitcoinBing project had affect our users' profit, thus we decided to delist BING to stop it doing harm to our users' interests. What's more MXC exchange use listing fee from BING project leader to compensate our users who suffered from trading BitcoinBing, for those who made profit from BitcoinBing, they could still keep it. MXC exchange will never do harm to our users and our philosophy is Simple, Security, Privacy and Reliability. Welcome to trade on MXC exchange, thank you for your support.
Our official website: www.mxc.com
Just feel free to contact us if you have any problems~
Customer Service：[email protected]
You can also contact us via the following media channels, we're always glad to serve you~~
MXC official social media channels:
Telegram: https://t.me/MXCexchange
Twitter:https://twitter.com/MXC_Exchange
Facebook: https://www.facebook.com/MXCexchange
ChainNode:https://www.chainnode.com/forum/289
Weibo: https://m.weibo.cn/u/6605413404
I will show you the reason why we decided to delist BitcoinBing. The reason why MXC exchange decided to delist the BitcoinBing was that BitcoinBing project behaved different from what we made agreement before listing, and BitcoinBing project had affect our users' profit, thus we decided to delist BING to stop it doing harm to our users' interests. What's more MXC exchange use listing fee from BING project leader to compensate our users who suffered from trading BitcoinBing, for those who made profit from BitcoinBing, they could still keep it. MXC exchange will never do harm to our users and our philosophy is Simple, Security, Privacy and Reliability. Welcome to trade on MXC exchange, thank you for your support.
Our official website: www.mxc.com
Just feel free to contact us if you have any problems~
Customer Service：[email protected]
You can also contact us via the following media channels, we're always glad to serve you~~
MXC official social media channels:
Telegram: https://t.me/MXCexchange
Twitter:https://twitter.com/MXC_Exchange
Facebook: https://www.facebook.com/MXCexchange
ChainNode:https://www.chainnode.com/forum/289
Weibo: https://m.weibo.cn/u/6605413404
November 19, 2018, 04:33:55 AM
Definitely you are right. Lot of exchanges with fake volume
November 18, 2018, 04:53:03 PM
So many fake exchanges are on the rise lately people ought to be careful where they deposit their assets to. Faking trade volume has become the order of day. I usually choose to use established exchanges to void such scam
November 18, 2018, 02:20:47 PM
MXC Exchange (www.mxc.com) has scammed various users and projects. Please be alert before going for listing or trading on this exchange. As soon as you deposit the assets in your account, the exchange will freeze your account and will lock your account. The support will never reply you and you will have no access to your funds. If you claim account in their telegram group they will ban you. so please be alert
Recently they scammed BitcoinBing (www.bitcoinbing.io) and also they have filed a lawsuit against MXC
Proof: https://medium.com/@bitcoinbing/scam-alert-mxc-exchange-www-mxc-com-scammed-bitcoinbing-15d889f257e9
1. Fake community
Twitter (only 290 followers)
Their official twitter account
https://twitter.com/MXC_Exchange
Facebook page deleted:
https://www.facebook.com/MXC.ExchangeCenter
Fake Members in official channel (https://t.me/mxc_support )
There telegram channel @mxc_support which have 27k plus members . Out of which 95% users doesn’t exist and there user name shows” Deleted account”.
Proof:
2. They Lock accounts after you deposit any assets
Proof:
3. Fake volume on exchange
you can see on their exchange that volume increases in coins or tokens without change in price of tokens. Volume is fake because practically token or coin cannot be traded at the same price all the time.
Proof: https://www.mxc.com/trade.html?symbol=MX_USDT
4. NO information about the registration of exchange, head quarters, team etc
Proof: https://www.mxc.com/intro/aboutus
Their scam ETH address:
https://etherscan.io/address/0xd24a39251b6eda2656e127895bd254093f161640
ERC20 token address Holding more than 5 million BING and other coins:
https://etherscan.io/address/0x0211f3cedbef3143223d3acf0e589747933e8527#tokentxns
No details of domain:
https://whois.icann.org/en/lookup?name=www.mxc.com
Another Exchange (bestquality.exchange) that recently turned into scam was hosted on same iP address, onwhich MXC is hosted right now
Proof: http://reverseip.domaintools.com/search/?q=mxc.com
Recently they scammed BitcoinBing (www.bitcoinbing.io) and also they have filed a lawsuit against MXC
Proof: https://medium.com/@bitcoinbing/scam-alert-mxc-exchange-www-mxc-com-scammed-bitcoinbing-15d889f257e9
1. Fake community
Twitter (only 290 followers)
Their official twitter account
https://twitter.com/MXC_Exchange
Facebook page deleted:
https://www.facebook.com/MXC.ExchangeCenter
Fake Members in official channel (https://t.me/mxc_support )
There telegram channel @mxc_support which have 27k plus members . Out of which 95% users doesn’t exist and there user name shows” Deleted account”.
Proof:
2. They Lock accounts after you deposit any assets
Proof:
3. Fake volume on exchange
you can see on their exchange that volume increases in coins or tokens without change in price of tokens. Volume is fake because practically token or coin cannot be traded at the same price all the time.
Proof: https://www.mxc.com/trade.html?symbol=MX_USDT
4. NO information about the registration of exchange, head quarters, team etc
Proof: https://www.mxc.com/intro/aboutus
Their scam ETH address:
https://etherscan.io/address/0xd24a39251b6eda2656e127895bd254093f161640
ERC20 token address Holding more than 5 million BING and other coins:
https://etherscan.io/address/0x0211f3cedbef3143223d3acf0e589747933e8527#tokentxns
No details of domain:
https://whois.icann.org/en/lookup?name=www.mxc.com
Another Exchange (bestquality.exchange) that recently turned into scam was hosted on same iP address, onwhich MXC is hosted right now
Proof: http://reverseip.domaintools.com/search/?q=mxc.com
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