Garantex: customer reviews about the cryptocurrency exchange in 2023
Suspicions about Garantex Activities
Garantex presents itself as a reliable guide in the cryptocurrency world, offering various strategies for trading digital assets. However, real customer reviews indicate the opposite picture. Instead of promised riches, there are reports of financial isolation and customers being deprived of their funds. An independent review reveals the secrets of the cooperation terms. The examination of legal documentation also puts Garantex under doubt.
Information about Garantex
Garantex is a local business with Russian roots, operating primarily at the local level. The project is presented as the largest cryptocurrency exchange in Russia since 2019. However, the analysis revealed that garantex.org’s history began at the end of 2018, and the team used a domain name tailored to its goals.
Legal Deception
Although the company points to headquarters and offices in Moscow, a detailed examination of Garantex’s business uncovered lies and discrepancies in the types of activities. The organization is registered not in Russia, as claimed, but in Estonia. Internal documentation even indicates an Estonian registration number, confirming manipulations with facts.
Trading Opportunities and Advantages
Garantex’s advantages include 24/7 customer support, exchange services, and minimal trading costs. Over 10,000 transactions are made on the exchange every day. The commercial offer includes a referral program, API, mobile application, and various trading options.
Main features of the offer:
- Low commissions (0.2% for makers and 0.15% for takers)
- Profit withdrawal to Russian bank cards and cryptocurrency
- Referral program
- Own API
- Mobile trading capabilities
- Spot trading and P2P exchange
Company Reputation and Reviews
According to users, Garantex is not a trusted source in the crypto sphere. Discontent arises from careless behavior, financial manipulations, and arbitrary account blocks. Personnel actions only exacerbate the situation.
Fraud Strategy
Garantex continues to use clever deception schemes, hiding behind trading processes. They demand additional payments from investors, justifying it with project needs. After the process is completed, clients may lose their capital and face account blocking.
Conclusions and Recommendations
I urge you to refrain from using Garantex services. This crypto exchange does not deserve trust and poses a risk to your investments. Customer reviews only underscore the irresponsibility of the company.