Exbitron Crypto Exchange Review: Risks, Fees, and Why Most Traders Avoid It

• DATE: 21 03 26
• BY: Stellan Marwick

When you hear the name Exbitron, you might think it’s just another crypto exchange. But if you dig past the surface, you’ll find a platform that barely functions as a real trading market. Exbitron launched in May 2021 and claims to be based in Germany. It lists around 40 obscure cryptocurrencies - tokens you won’t find on Binance, Coinbase, or Kraken. On paper, that sounds useful. In practice? It’s a ghost town.

Trading Volume? Almost None

Look at any major exchange, and you’ll see billions flowing daily. Binance hits $15 billion. Coinbase? Over $5 billion. Now check Exbitron. According to Live Coin Watch’s February 2024 data, its total 24-hour trading volume was $357. That’s not a typo. Three hundred and fifty-seven dollars. For context, that’s less than what one large trade on Binance moves in minutes.

Most trading pairs on Exbitron show zero depth. Take MBC/USDT - a coin listed only here. The 24-hour volume? $2. RIN/USDT? $17. BTCS/USDT, one of its most traded pairs, only hits $293. These aren’t illiquid markets - they’re dead. If you try to buy 100 units of any token, you’ll likely get a price that’s 20% off the last trade because there’s no one else trading. Slippage isn’t a risk here. It’s guaranteed.

Fees That Don’t Make Sense

Exbitron charges 0.40% for both maker and taker trades. That’s double what Coinbase charges for small trades and four times what Binance charges. Let’s say you want to buy $100 worth of YERB - one of the few tokens you can only trade here. You’ll pay $0.40 in fees. Sounds small? Now imagine you need to sell it a week later. Another $0.40. That’s 8% in fees just to get in and out. Most exchanges charge less than 0.1% and often offer fee discounts for using their native tokens. Exbitron doesn’t even have a native token.

Withdrawal fees are low - around $0.10 for USDT on BEP20 - but that’s the only upside. The real cost isn’t in fees. It’s in time. Users report withdrawal delays averaging 14.7 days. Some have waited over three weeks. Trustpilot reviews show 14 out of 31 users claiming their funds never arrived after being marked as “processed.”

No Security, No Transparency

Exbitron doesn’t have a license from Germany’s BaFin, the country’s financial regulator. That’s not a minor detail. It means there’s no legal obligation to protect your money. If the exchange disappears, you have zero recourse.

It also lacks proof-of-reserves. No third-party audits. No published wallet addresses you can verify. The site uses HTTPS and has basic DDoS protection - which any website built in 2021 should have. That’s not security. That’s basic hygiene.

YouTube videos from January 2023 titled “EXBITRON EXCHANGE HACKED!!!” show users claiming their funds were stolen. The exchange never confirmed or denied it. Live Coin Watch flagged in February 2023 that “Exbitron claims to have lost users’ funds.” No follow-up. No apology. No refund plan.

CipherTrace, a top crypto security firm, called Exbitron a “high-risk environment” in March 2023. They’re not alone. Delphi Digital’s January 2024 report says exchanges like this - with under $1,000 daily volume and zero regulatory oversight - have less than a 15% chance of surviving past September 2024.

Customer Support? Don’t Count On It

If something goes wrong, who do you call? Exbitron’s support says it takes 72 hours just to reply. Most exchanges answer within 24. Exbitron’s responses are automated. Users on Reddit and Trustpilot describe getting the same copy-paste reply: “Your request is being reviewed.”

One user, u/CryptoLoser99 on Reddit, posted in October 2023: “Exbitron stole my $350 in withdrawals - 14 days and counting with no response.” The post got 127 upvotes and 43 replies from people with identical stories. A Trustpilot review from February 2024 says: “My withdrawal from December 28, 2023 is still pending. Support is useless. I believe this is a scam.”

There are no community forums, no Discord servers, no official Telegram group. The only chatter is scattered across Reddit threads and obscure forums. That’s not a community. That’s a warning sign.

Who Even Uses This?

You might wonder: if it’s so bad, why does it still exist?

The answer is simple: token creators. Exbitron charges a flat 0.006 BTC fee ($200-$300) to list a new coin. That’s cheap compared to major exchanges that charge $50,000+ and require months of vetting. So, small teams with no market presence pay to get their tokens listed here. That’s why you see coins like MBC, RIN, and YERB - tokens with no real use case, no team, no roadmap, and zero trading volume.

A handful of users - maybe 5,000 total - keep small balances here because they’re stuck. “Exbitron is the only place I can trade YERB,” wrote one Reddit user in January 2024. But even they admit: “I don’t trade. I just keep it there because I can’t move it.”

The Bottom Line

Exbitron isn’t a crypto exchange you can trust. It’s not even a functional one. It’s a graveyard for forgotten tokens and trapped funds. The fees are high, the liquidity is nonexistent, the support is broken, and the security is nonexistent. There’s no regulatory oversight. No transparency. No future.

If you’re holding crypto on Exbitron, withdraw it now. Don’t wait. Don’t hope. Don’t trust the automated replies. Move it to a licensed exchange with real volume - like Kraken, Coinbase, or Binance. You won’t lose access to any token you need. If it’s not on those platforms, it’s probably not worth holding anyway.

If you’re thinking of depositing money here? Walk away. There’s nothing here for traders, investors, or anyone serious about crypto. Exbitron doesn’t serve the market. It preys on it.