If you’re considering trading on Bitway Exchange, stop. Right now. This isn’t a review of a new, under-the-radar platform with potential. This is a warning. Bitway Exchange doesn’t operate like a real crypto exchange. It doesn’t have trading volume, user reviews, security protocols, or even verifiable contact details. What it does have is a website, a token called WAY, and a long list of red flags that scream scam.
What Is Bitway Exchange Supposed to Be?
Bitway Exchange claims to be a crypto trading platform founded in 2019, specializing in derivatives and spot trading across centralized and decentralized markets. It promotes a native token, BITWAY (WAY), saying it gives users "freedom to trade on your terms." Sounds good on paper. But when you dig deeper, none of it holds up.CoinMarketCap lists Bitway Exchange as an "Untracked Listing" - meaning no one is monitoring its trades because there are none. All key metrics are blank: trading volume, market pairs, liquidity, assets under management, even the number of supported coins. Zero. Nada. That’s not a startup struggling to grow. That’s a ghost.
The Website Is a Scam Warning
The domain bitway.today, which hosts the platform, has an "extremely low" trust score from ScamAdviser. Their verdict? "This is a strong indicator that the website may be a scam." That’s not a mild concern. That’s a flashing red light.Legitimate exchanges don’t hide behind vague marketing. They publish clear terms of service, security audits, KYC procedures, and customer support channels. Bitway Exchange offers none of this. No FAQ. No help desk. No email address you can actually reach. No phone number. No social media presence with real engagement. Just a website that looks like it was built in a weekend using a template.
No One Uses It - And That’s the Biggest Clue
Real crypto exchanges have communities. Reddit threads. YouTube reviews. Twitter debates. Trustpilot ratings. CoinMarketCap user feedback. Bitway Exchange has none of it.Search for "Bitway Exchange" on Reddit, Twitter, or YouTube. You won’t find real users sharing experiences. You’ll find scam alerts. You’ll find Cryptolegal.uk listing it among fake crypto exchanges - the same database that tracks pig butchering scams, rug pulls, and fake recovery services. No one is trading on Bitway because no one can. There’s no liquidity. No order book. No matching engine. Just a digital storefront waiting for you to deposit funds.
It Doesn’t Compare to Real Exchanges
Compare Bitway to real platforms like Uphold or Gemini. Uphold supports over 300 assets, offers real-time reserve transparency, and has been reviewed by NerdWallet with a 4.8/5 rating. Gemini has clear fee structures, SEC compliance, and millions of verified users. Both have API access, mobile apps, educational content, and customer service teams.Bitway Exchange? Nothing. No API. No app. No guides. No educational resources. Not even a basic walkthrough for how to deposit. It’s not just inferior - it’s non-existent as a functional service.
The WAY Token Is Part of the Scam
The BITWAY (WAY) token is often cited as proof the exchange is real. But here’s the truth: the token itself is unlisted on any major exchange. CoinMarketCap shows "No data" for WAY’s trading pairs, market cap, or supply. That means no one is buying or selling it legitimately.Scammers often create their own tokens and pretend they’re traded on their own platform. It’s a classic pump-and-dump setup. You’re led to believe you’re trading a real asset, but the entire system is circular - your money goes in, the platform disappears, and your tokens become worthless digital paper.
Why This Matters in 2026
Regulation is tightening globally. MiCA in Europe, SEC crackdowns in the U.S., licensing requirements in Singapore - legitimate exchanges are adapting. Fake ones are getting caught faster than ever.Bitway Exchange doesn’t just lack transparency. It lacks any legal footprint. No registration. No compliance. No audit. If you send funds there, you have zero legal recourse. If the site vanishes tomorrow - and it likely will - your crypto is gone forever.
What You Should Do Instead
Stick to platforms with real track records:- Uphold: Transparent reserves, 300+ assets, low minimums, strong beginner support.
- Gemini: Regulated, secure, clear fees, trusted by millions.
- Kraken: High liquidity, advanced tools, strong security history.
- Binance (where available): Largest volume, wide asset selection, active community.
These platforms have been tested. They’ve survived market crashes. They’ve been reviewed by experts, audited by third parties, and used by millions. Bitway Exchange has none of that.
Final Verdict
Bitway Exchange isn’t a risky new exchange. It’s a scam. Every metric that matters is missing. Every sign of legitimacy is absent. The domain has a trust score that screams danger. The token has no market. The users don’t exist. The support doesn’t work.If you’re looking to trade crypto, don’t waste time on Bitway. Don’t even click the link. Close the tab. Go to a real exchange. Your funds - and your peace of mind - will thank you.
Dave Lite
Bitway Exchange is a textbook rug pull. No volume, no liquidity, no audit - just a token with zero trading pairs and a website that looks like it was built in Wix in 2017. I’ve seen this script before: fake whitepaper, fake team, fake testimonials. The WAY token? Pure vaporware. If you’re thinking of depositing, just walk away. Your crypto will vanish faster than a Bitcoin miner during a power outage.
Becky Chenier
I’m not surprised. I checked their domain registration - expired in 2023, renewed with private info. Classic. Also, their ‘contact us’ email bounces. No one’s answering. Legit platforms don’t operate like this. If they can’t even maintain a basic website, how are they securing your funds? Don’t risk it.