DOEX Review: The Deceitful Mask Is About To Fall

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Supposedly developed by Milk Candy Inc, DOEX claims to be a global cryptocurrency exchange offering consistent professional contract and spot trading services for digital assets, i.e. cryptocurrencies. 

Next up, the website claims this exchange is regulated by the US Financial Crimes Enforcement Network (FinCEN), and the Canadian FINTRAC. Even if true, it’s irrelevant in this case.

FinCEN states that “the inclusion of a business on the MSB Registrant Search Web page is not a recommendation, certification of legitimacy, or endorsement of the business by any government agency,” and the FINTRAC registration also “does not indicate that FINTRAC endorses or licenses the business.” The shady crypto exchange lied about being regulated. 

If you lost money to the DOEX crypto scam, we can help you recover it. 

DOEX was seemingly all over the place. To reiterate, the exchange has no license to operate under European, Asian, or North American jurisdictions, which is why this crypto platform is risky.

DOEX’s website shows that the company is active on multiple social media platforms such as Instagram, Facebook, and X as well as messaging apps such as WhatsApp, Telegram, and Discord. We assume the company is searching for unsuspecting victims via these channels. 

We can help you get your money back from DOEX.

This exchange can be accessed via a special mobile app. It can be downloaded on both Android and iOS devices via a QR code found on the company’s website.

The mobile app allows users access to DOEX’s web trading platform, which looks rather lackluster and unpolished. It offers basic elements such as charts and indicators but not much else. You’re better off sticking to MT software providers that are actually licensed. 

This exchange offers a selection of popular cryptocurrencies that users can trade against the US Tether or USD Coin. The DOEX token selection available on the platform includes the following:

Since this is exclusively a crypto exchange, you must neglect the fact that digital assets are extremely volatile. Trading digital assets is pretty risky per se but buying and selling coins on an unregulated platform such as DOEX is unwise. 

Crypto can be bought using credit/debit cards and wire transfers. This is good news because you can request a chargeback at your issuing bank within 540 days and reverse the transaction.

As for the fees, DOEX charges a withdrawal fee of 0.00125 BTC (~ 32.81 USD) for Bitcoin withdrawals. The minimum withdrawal requirement is 0.001 BTC (~ 26.25 USD). When it comes to trading fees, the exchange charges a maker/taker fee of 0.2% on all spot crypto pairs. For a USDT contract though, the maker fee is 0.02% and the taker fee is 0.06%.

To sum up, DOEX is an unregulated and dubious crypto exchange, allegedly based in Hong Kong. This website has primarily been targeting traders from the US, Spain, Turkiye, India, and South Korea.

We don’t recommend you trade on this exchange because it is unregulated. Recovering funds that were deposited can be a nightmare but it is possible with professional aid!

If you’ve fallen victim to the DOEX scam and need help getting your funds back, book a free consultation with us and tell us more about your case. We will analyze it together and come up with a solution for recovering your hard-earned funds!

Book your free consultation here and get your money back!

DOEX claims to be a Hong Kong-based crypto exchange that offers spot and futures trading.

DOEX is not a legit crypto exchange. This platform is not licensed to provide services, nor is it regulated.

For BTC, the withdrawal fee is 0.00125 BTC (~ 32.81 USD). There’s a table for all the other coin fees on the company’s website.

Email or social media. Avoid this platform. Book a consultation with us and get your money back today.

The post DOEX Review: The Deceitful Mask Is About To Fall appeared first on Global Fraud Protection.


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