Topic: Bilaxy exchange update. (Read 106 times)

Bilaxy seems more likely to bring trouble to me... the current situation is, they're trying to make up for the loss (from the hack) by heavily increasing the withdrawal fees of unaffected cryptocurrencies from the hack (only ETH tokens were hacked).


A lot of these in their telegram.

That's typical in telegram groups, not only with exchanges but also with projects that scammers are just waiting for those newbies and newcomers to ask on the chat.
They'll pretend that they're from the official support and will help them solve the problem that they're asking. But with some conditions and that's through asking to sign up with a form that's shortened link and any other form that will ask you vital information that will lead you to being phished.

Currently, Bilaxy exchange has suspended their trading activities as well as their app on Google Playstore. I believe the reason for the suspension of trading activities is because Bilaxy exchange was hacked a few months ago, and the hacker stole logs of funds, which severely harmed the exchange. They are currently working to put in place all necessary security measures to ensure that such an event does not occur again, and that all of their customers are protected.
There is now no Bilaxy exchange app on the Play Store, so if you come across one, be sure to check if it has been relaunched on playstore on their Telegram group, because scammers might create fake app on the Play Store just to scam people of their fund, so confirm from group first before downloading the app.
Currently you can buy and sell any coin from Bilaxy exchange incase you receive a link from someone claiming to be one of the admin and they will convince you that if you click the link you might be able to trade your coin, which will definitely request for your login details, if you click on the link and you imput your Gmail and password, your wallet will definitely be wiped. Make sure any link you receive to their website is from their Telegram group and not from anyone who claims to be the admin.


Bilaxy exchange application have currently been removed from playstore.


Currently Bilaxy exchange trading have been suspended so incase if you complain in thier Telegram group lot's of scammers will message and will tell you they want to help pls avoid them.


Bilaxy Telegram invite link: @bilaxychat
Bilaxy official website: http://www.bilaxy.com