BITEXBOOK Crypto Exchange Review: Is It Safe to Trade on This Platform?

BITEXBOOK Crypto Exchange Review: Is It Safe to Trade on This Platform?
Ben Bevan 3 December 2025 8 Comments

Crypto Exchange Safety Checker

Is Your Exchange Safe?

Check if a crypto exchange meets basic security requirements. Based on BITEXBOOK review criteria.

Safety Score: 0/100

High Risk

If you're looking at BITEXBOOK as a place to trade crypto, stop and think again. This isn't a platform you want to risk your money on. Even if it looks simple or promises fast trades, the technical and safety red flags are too serious to ignore.

Can You Even Access BITEXBOOK?

Try visiting bitexbook.com right now. If you're lucky, you'll see a blank page. More likely, your browser will show a scary warning: "Cloudflare is unable to establish an SSL connection to the origin server." This isn't a glitch - it's a system failure. SSL encryption is the bare minimum for any website handling money. Without it, your login details, private keys, and transaction data are exposed. No legitimate exchange would let this go on for weeks, let alone months.

Who Runs BITEXBOOK? No One Seems to Know

Look for the team behind BITEXBOOK. Check their "About Us" page. Search for founders, headquarters, or registration documents. You won't find any. Not on their site. Not on Coinpedia, Cryptowisser, or any credible database. Most exchanges - even small ones - publish basic company info. BITEXBOOK doesn't. That’s not mysterious. It’s suspicious. If you don’t know who’s running the platform, you can’t trust them with your Bitcoin or Ethereum.

Zero Reviews From Real Users

You might find one or two reviews on Trustpilot or Knoji. Knoji shows just 9 ratings and a 2.7-star average. That’s not just low - it’s a warning sign. Compare that to Binance, which has over 20,000 reviews on Trustpilot with a 4.2-star rating. Why so few reviews for BITEXBOOK? Because almost no one uses it. And the few who do? Most are silent. No detailed Reddit threads. No YouTube walkthroughs. No forum discussions. That’s not because it’s hidden - it’s because it’s dead.

Modern trading dashboard beside a fading ghost of BITEXBOOK, with trusted exchanges glowing in background.

Experts Say It’s Not Safe

Traders Union analyzed BITEXBOOK using over 100 parameters - things like KYC processes, withdrawal delays, server security, and customer support response times. Their conclusion? "It is not a safe and trusted company." They didn’t say "it has issues." They said it’s unsafe. That’s not a minor critique. That’s a professional red flag. And here’s the kicker: no major crypto media outlet - not CoinDesk, not Cointelegraph, not The Block - has ever covered BITEXBOOK. Why? Because there’s nothing to cover. No innovation. No traction. No credibility.

No Transparency. No Proof of Reserves.

Reputable exchanges prove they have your coins. They publish regular proof-of-reserves reports. They get audited by third parties. BITEXBOOK does none of this. No reports. No audits. No public wallet addresses. That means they could be holding zero assets. Or worse - they could be using your deposits to fund other operations. This is exactly how FTX collapsed. And if you’re trading on a platform that won’t show you their balance, you’re playing Russian roulette with your crypto.

What About Trading Tools and Liquidity?

BITEXBOOK claims to offer "advanced trading tools" and "high liquidity." But where are the charts? Where are the order books? Where are the trading pairs? There’s no public data showing even 10 active trading pairs. No API documentation. No mobile app. No demo account. If you can’t test the platform before depositing, you’re not trading - you’re gambling. And with no liquidity, your orders won’t fill. You’ll be stuck with coins you can’t sell.

Smartphone showing SSL error on desk, surrounded by coins and a warning note, drawn in ink and charcoal.

Why Does This Even Exist?

There are over 500 crypto exchanges out there. Most are useless. But even the worst ones have at least some users, some reviews, some basic functionality. BITEXBOOK has none. It’s a ghost platform. It might have been set up by someone trying to cash in on the crypto hype - a fly-by-night operation with a domain name and a few copied phrases from Binance’s old website. It’s not a business. It’s a trap.

What Should You Do Instead?

If you want to trade crypto safely, use platforms that are transparent, regulated, and widely used. Binance handles billions in daily volume. Coinbase is licensed in multiple countries. Kraken has been around since 2011 and publishes full audit reports. These exchanges have mobile apps, 24/7 support, and real customer service teams. They don’t hide behind broken SSL certificates. They don’t disappear from public records. They earn your trust by showing up - every day.

Final Verdict: Avoid BITEXBOOK at All Costs

BITEXBOOK is not a crypto exchange you can trust. It’s not broken - it’s abandoned. The SSL error isn’t a bug. It’s a sign the platform is no longer maintained. The lack of reviews isn’t coincidence - it’s proof nobody uses it. The silence from experts isn’t oversight - it’s rejection. If you deposit funds here, you won’t get them back. Not because of market crashes. Not because of hacking. But because the platform itself is a dead end.

There are thousands of better options. Pick one that’s been tested by millions. Don’t gamble on a ghost.

Is BITEXBOOK a scam?

BITEXBOOK isn’t a scam in the traditional sense - it doesn’t actively steal money. But it’s worse. It’s a dead platform. No one maintains it. No one responds to support requests. Your funds could disappear because the server shuts down, and there’s no one to help you recover them. That’s not a scam - it’s negligence with the same outcome.

Can I withdraw my crypto from BITEXBOOK?

There’s no verified evidence anyone has ever withdrawn from BITEXBOOK. The platform doesn’t publish withdrawal times, fees, or procedures. With the SSL connection failing, you can’t even log in reliably. Even if you could, there’s no proof they hold your assets. Don’t assume withdrawals work - assume they don’t.

Why does BITEXBOOK have such low ratings?

It has low ratings because users can’t access it, can’t trade, and can’t get help. The 2.7-star average on Knoji comes from just nine reviews - likely from people who tried to sign up, failed to deposit, or couldn’t withdraw. Most people who encounter BITEXBOOK leave immediately. That’s why the review count is so low and the score is so bad.

Does BITEXBOOK have a mobile app?

No, BITEXBOOK has no official mobile app. No app exists on the Apple App Store or Google Play Store. Any app claiming to be BITEXBOOK is fake and likely contains malware. Never download apps from third-party websites - especially for crypto exchanges.

Is BITEXBOOK regulated?

There is no evidence BITEXBOOK is registered or regulated anywhere in the world. No financial authority - not the FCA, not the SEC, not ASIC - lists it as a licensed entity. Unregulated exchanges are high-risk by default. In 2025, trading on unregulated platforms is like driving without a license: you might get away with it, but you’re putting everything at risk.

What should I use instead of BITEXBOOK?

Use Binance, Coinbase, Kraken, or KuCoin. These platforms have been around for years, have millions of users, publish regular audits, and offer 24/7 customer support. They also have mobile apps, clear fee structures, and verified security protocols. You don’t need to risk your crypto on a ghost platform when proven alternatives exist.

8 Comments

  • Image placeholder

    Mark Stoehr

    December 4, 2025 AT 09:24
    bro just dont even bother. i tried signing up last month and got that cloudflare error. then my antivirus flagged it as phishing. i deleted the tab and never looked back. this thing is dead
  • Image placeholder

    Shari Heglin

    December 6, 2025 AT 05:14
    The structural deficiencies outlined in this post are not merely technical; they represent a systemic failure of operational integrity. One cannot entrust digital assets to an entity that does not maintain basic cryptographic hygiene.
  • Image placeholder

    Murray Dejarnette

    December 8, 2025 AT 01:37
    I saw this site pop up on a Telegram group last week. Some guy was shilling it like it was the next Binance. I told him to go choke on a router. This isn't even a dumpster fire-it's a pile of ash someone forgot to sweep up.
  • Image placeholder

    Maggie Harrison

    December 9, 2025 AT 00:25
    This is why I always say: if it doesn't have a Wikipedia page, don't touch it 😔 Crypto is already risky enough without adding ghost platforms to the mix. Stick to the big names. Your future self will thank you 🙏
  • Image placeholder

    alex bolduin

    December 10, 2025 AT 19:25
    i read this whole thing and honestly i think the biggest red flag is how quiet it is. no drama no memes no reddit threads just silence. that means no one cares and if no one cares its already dead
  • Image placeholder

    Althea Gwen

    December 12, 2025 AT 03:09
    lol imagine thinking this is legit. it's like buying a car with no engine and calling it a "high-performance vehicle" 🤡 also why is the about page just a stock photo of a guy in a suit holding a coffee?
  • Image placeholder

    Sarah Roberge

    December 12, 2025 AT 22:41
    This is exactly why I stopped trusting "new platforms" after the FTX collapse. People don't learn. They just chase shiny things. This site isn't just unsafe-it's a psychological trap designed to prey on greed. I'm not even mad. I'm just disappointed.
  • Image placeholder

    Steve Savage

    December 13, 2025 AT 12:02
    You're not wrong. I used to think "maybe it's just a new startup" but then I checked their domain registration. Registered in 2022. Never updated. No WHOIS privacy. Just... abandoned. It's like a house with the lights off and the front door wide open.

Write a comment

© 2025. All rights reserved.