Rumble Exchange: customer reviews about the cryptocurrency exchange in 2023
Rumble Exchange is a platform created by traders for traders. With a wide range of services, the company promises to provide professional support in cryptocurrency trading and investing. However, due to the lack of reviews, doubts arise about its reliability and honesty.
Brief information about Rumble Exchange
Rumble Exchange claims to have over 800 clients, offer around a hundred market indicators, and access to trading more than 5000 crypto pairs. However, the company does not provide information about its experience and roadmap. They describe themselves as a platform for spot and margin trading of cryptocurrencies and tokens, investment, and partnerships.
The absence of reviews is the first signal that the company is new. Checking the domain registration date confirms that the website https://rumblexchange.com/ was registered in February 2022 but started operating almost a year later.
The main page of the cryptocurrency exchange features contact information, such as an email for commercial proposals and social media widgets. However, the communities turned out to be inactive. The Rumble Exchange YouTube channel, launched on May 29, 2022, has 30 subscribers and two promotional videos.
In addition, the platform also promotes the Fx Rumble project, which is a mix of a cryptocurrency exchange and a social network. The company offers to invest in the FXRUMBLE token, which is used as an investment asset and payment method. However, the absence of listings on verified exchanges raises doubts about its value. There are currently no reviews from real users.
The email address to contact support is hidden in the User Agreement. In addition, the cooperation terms presented on the platform do not inspire confidence. The company’s internal documents contain disclaimers and the possibility of changing cooperation terms without notice.
Legal information
Internal documents of Rumble Exchange indicate that the brand is managed by UFGL Union Finance Group Ltd, a Cypriot company registered in the registry under number HE418278 in February 2021. However, there is no information about a license from the Cypriot regulator, leaving users without legal protection.
In CIS countries with cryptocurrency regulation, the situation is ambiguous, and fraudulent cryptocurrency exchanges can operate for a long time before being blacklisted by regulatory authorities. Therefore, it is important to be vigilant and cautious when choosing a cryptocurrency exchange.
Commercial proposal
Rumble Exchange does not provide a detailed description of the commercial offer on its website. They promise ease of use, a variety of payment methods, a free account with email activation, mobile trading capabilities, a referral program, and a loyalty program. However, some sections of the website, including sections on services and cryptocurrency courses, are not functioning.
User reviews
Currently, there are no reviews from real users about Rumble Exchange. The company actively promotes its offer through an affiliate program, so the situation may change at any time. We will add user reviews as soon as they appear online.
How the company operates
Rumble Exchange does not disclose contract details and trading terms. They strive to convince users of their reliability, but the company’s internal documents allow them to change cooperation terms at their discretion. This can lead to incorrect commissions and the blocking of user accounts.
Conclusion
We believe that Rumble Exchange should be classified as an untrustworthy company. They do not provide enough information about themselves, have an unfinished website, and lack legal documents and user reviews confirming their reliability. It is recommended to choose cryptocurrency exchanges with a proven reputation and legal status.
