If you're looking to trade obscure tokens like YERB, MBC, or RIN, you might have stumbled upon Exbitron. Itâs one of those tiny crypto exchanges that pops up in niche Reddit threads or obscure forums, promising access to coins you canât find anywhere else. But hereâs the reality: Exbitron isnât just small-itâs dangerously thin on liquidity, high on fees, and buried under user complaints. This isnât a platform for serious traders. Itâs a graveyard for forgotten tokens and frustrated users.
What Is Exbitron, Really?
Exbitron is a centralized crypto exchange launched in May 2021 and registered in Germany. It doesnât have a mobile app. It doesnât offer futures, staking, or margin trading. Its entire purpose seems to be listing ultra-obscure altcoins that no major exchange wants. For developers of these tiny projects, Exbitron offers a flat listing fee of 0.006 BTC-cheap, if youâre okay with trading volume so low itâs practically invisible.
As of January 2024, Exbitron lists between 38 and 44 cryptocurrencies. That sounds like a lot until you check the numbers. The entire exchangeâs daily trading volume hovers between $4,500 and $7,300. Thatâs less than what a single popular token on Binance trades in five minutes. Live Coin Watch data from February 2024 shows some pairs with $2 in 24-hour volume. Thatâs not a market. Thatâs a whisper.
Trading Fees That Hurt More Than They Help
Exbitron charges 0.40% for both maker and taker trades. Compare that to Binanceâs 0.10% or Coinbaseâs 0.20% for small trades. Thatâs 2 to 4 times higher. On a $100 trade, youâre paying $0.40 in fees. Sounds small? Multiply that by five trades in a week, and youâre losing $2. Thatâs $100 a month just in fees if youâre even active.
Worse, the slippage on these thin markets is brutal. If you try to buy 1,000 units of RIN/USDT, the price might jump 15% before your order fills because thereâs barely any depth in the order book. Youâre not trading-youâre guessing. And if youâre trying to sell, youâll likely get stuck with a bid thatâs 30% below market value because no one else is buying.
Security? Barely There
Exbitron uses HTTPS and claims DDoS protection. Thatâs it. No proof-of-reserves. No independent security audits. No licensing from Germanyâs BaFin, which has been cracking down on unregulated exchanges since late 2023. According to CipherTraceâs March 2023 analysis, exchanges like Exbitron are high-risk environments because they offer zero legal protection to users.
Thereâs a YouTube video titled âEXBITRON EXCHANGE HACKED!!!â from January 2023 with over 200,000 views. Exbitron never responded. Live Coin Watch flagged in February 2023 that the exchange âclaims to have lost usersâ funds.â Again, no official statement. No refund plan. Just silence.
Trustpilot has 31 verified reviews with an average rating of 2.3 out of 5. Fourteen users reported frozen withdrawals. Seven called it a scam. One user on Reddit, u/CryptoLoser99, posted in October 2023: âExbitron stole my $350 in withdrawals-14 days and counting with no response.â That post got 127 upvotes and 43 replies from people with the same story.
Withdrawals That Never Arrive
Getting your money out of Exbitron is the biggest nightmare. Users report withdrawal processing times averaging 14.7 days. Some say it takes over three weeks. Sixty-two percent of negative reviews mention funds never arriving, even after the exchange says itâs been processed.
Customer support? Automated replies that say âyour request is being reviewed.â Response time averages 72 hours. Resolution rate? Below 25%. You canât call them. No live chat. No email that gets answered. Just a ticket system that disappears into a black hole.
One Trustpilot user, Mike T., wrote in February 2024: âMy withdrawal request from December 28, 2023 remains pending. Support responses are automated and unhelpful. I believe this is a scam operation.â Heâs not alone.
Who Even Uses This Exchange?
Thereâs one group that still uses Exbitron: token developers. If youâre launching a new coin with no chance of getting listed on Coinbase or Kraken, Exbitron is your only option. Their listing fee is low, and they donât ask many questions. But thatâs it. No traders. No investors. Just people dumping their tokens onto a dead exchange.
According to Live Coin Watch, 78% of Exbitronâs entire volume comes from just three trading pairs: BTCS/USDT, CPAY/USDT, and ADVC/USDT. Thatâs not a marketplace. Thatâs a graveyard with a trading interface.
Why You Should Avoid Exbitron
Hereâs the truth: Exbitron isnât failing because itâs new. Itâs failing because itâs irresponsible. It offers no security guarantees, no customer support, and no liquidity. It survives only because a handful of token creators keep dumping their coins there.
Delphi Digitalâs January 2024 outlook predicts that exchanges with Exbitronâs profile-zero trust score, sub-$1,000 daily volume, no regulatory compliance-have less than a 15% chance of surviving past Q3 2024. ICO Rankings says it bluntly: âFor active traders, institutional investors, or anyone seeking reliability and transparency, Exbitron is not recommended.â
If youâre holding any assets on Exbitron, withdraw them now. Not tomorrow. Not next week. Now. Even if you lose a little to withdrawal fees, itâs better than losing it all.
Alternatives That Actually Work
If you need to trade obscure tokens, try KuCoin. It lists hundreds of lesser-known coins, has decent liquidity, and charges 0.10% fees. Or use Gate.io-they support over 1,000 tokens and have a solid track record for withdrawals. Both have mobile apps, 24/7 support, and public proof-of-reserves.
For the most popular altcoins, stick with Binance, Kraken, or Coinbase. Theyâre regulated, audited, and trusted by millions. You wonât find YERB on them, but you also wonât risk your life savings on a platform that vanished last year.
Final Verdict: Donât Risk It
Exbitron isnât a crypto exchange you use. Itâs a crypto exchange you avoid. It offers no safety, no speed, no support, and no future. The only reason it still exists is because no oneâs shut it down yet. But regulators are watching. Users are leaving. And the money? Itâs disappearing.
If youâre thinking of depositing funds here, donât. If youâre already holding assets on Exbitron, move them out immediately. This isnât a gamble. This is a warning.
Is Exbitron a scam?
Exbitron isnât officially labeled a scam, but its track record matches one. Users report frozen withdrawals, unresponsive support, and no transparency about funds. Multiple reviews and forums describe it as a high-risk platform with signs of negligence or worse. While thereâs no legal ruling, the pattern of complaints strongly suggests itâs not safe.
Can I trust Exbitron with my crypto?
No. Exbitron lacks proof-of-reserves, security audits, and regulatory licensing. It has no insurance for user funds, and there are documented cases of users losing access to their assets. Even if the platform appears online, thereâs no guarantee your funds will be there when you try to withdraw.
Why does Exbitron still exist if itâs so bad?
It survives because it serves a tiny niche: token creators who canât get listed anywhere else. They pay the low listing fee and dump their coins onto the exchange. A few desperate traders use it to access those same tokens, even though the trading experience is terrible. Itâs a dead platform kept alive by a handful of people with nowhere else to go.
Does Exbitron have a mobile app?
No. Exbitron only has a basic web interface. There is no official mobile app for iOS or Android. This limits usability and makes it harder to monitor trades or respond quickly to market changes, which is a major disadvantage in crypto trading.
What are the fees on Exbitron?
Exbitron charges 0.40% for both maker and taker trades-among the highest in the industry. Withdrawal fees are flat and low, but the real cost comes from slippage and lost time. On thin markets, you might pay 5-10% in hidden price impact just to complete a trade.
How long do withdrawals take on Exbitron?
Withdrawals are reported to take anywhere from 7 to 21 days, with an average of 14.7 days based on user reviews. Many users say their funds never arrive, even after the exchange marks the withdrawal as âcompleted.â This is a major red flag.
Is Exbitron regulated?
Exbitron is registered in Germany but does not hold a license from BaFin, Germanyâs financial regulator. Since late 2023, BaFin has been actively enforcing licensing rules, and unlicensed exchanges are being targeted. Exbitron has made no public statement about compliance.
Can I trade futures or staking on Exbitron?
No. Exbitron only supports spot trading. There are no margin, futures, leverage, or staking options. If youâre looking for advanced trading tools, this exchange wonât help you.
katie gibson
this exchange is literally a digital ghost town đ€Ą i tried to sell 50 RIN and the price dropped 20% before my order filled. like bro, iâm not here to fund your crypto startup.
Anna Topping
i think people forget that crypto isnât just about returns-itâs about trust. if you canât withdraw your money, it doesnât matter how âundervaluedâ the token is. exbitron feels like renting a house with no locks on the doors.
Andy Simms
i used to trade here back in 2022 just to get early access to new tokens. big mistake. my $200 vanished for 3 weeks. they finally processed it⊠but i got 40% less than i sent. no explanation. just a bot reply.
Andy Marsland
the fact that youâre even considering this platform shows a fundamental misunderstanding of risk management. Exbitron doesnât have proof-of-reserves, regulatory oversight, or liquidity. It has a website, a listing fee, and a graveyard of user testimonials. This isnât âhigh-riskâ-itâs âno-risk-because-youâre-already-deadâ trading. Youâre not a trader. Youâre a donation.
Kevin Pivko
lol imagine thinking this is a real exchange. 7k daily volume? thatâs less than what i spent on coffee last week. and you wanna trade YERB? bro, that coinâs market cap is smaller than my dogâs instagram following đ
Mathew Finch
this is why america needs to stop letting every crypto bro with a laptop start an exchange. in germany theyâd be in jail by now. this is why we canât have nice things. if youâre not on Binance or Kraken, youâre gambling in a back alley.
Jessica Boling
so exbitron is basically the crypto equivalent of a 2003 MySpace page with a âbuy nowâ button? đ€ i mean⊠at least itâs honest about being a dumpster fire. no pretenses. just pure, unfiltered chaos.
Tammy Goodwin
i know someone who lost $1,200 here. they sent a withdrawal request in November. itâs still pending. theyâve emailed 17 times. got 3 automated replies. they gave up. now they just stare at their portfolio like itâs a ghost.
Deepu Verma
hey man, donât give up on crypto just because of this one bad site. thereâs so many legit places to trade weird coins. try KuCoin or Gate.io. theyâre way better, cheaper, and actually respond to you. you got this!
MICHELLE REICHARD
if youâre not using a regulated exchange, youâre not investing-youâre volunteering for a pyramid scheme. exbitron is just the latest version of âsend us your crypto and weâll send you a thank you email that never arrives.â
tim ang
i tried exbitron once. thought iâd get in early on some meme coin. ended up paying $8 in fees to lose $150 because the price dropped while waiting for my order to fill. never again. even my cat wouldâve done better.
Julene Soria Marqués
iâm just curious⊠whoâs actually making money here? not the users. not the devs. not even the devs who got listed. itâs like watching a silent movie where everyoneâs screaming but no one hears them.
MOHAN KUMAR
this exchange is a warning sign. if you see it, run. no one needs to lose money on slippage and fake withdrawals. thereâs plenty of real opportunities. donât waste your time on dead platforms.