Exbitco Review: Unlicensed Fake Crypto Exchange Scam

Exbitco claims to offer spot trading, futures, staking and crypto lending through an interface that, at first glance, looks like a copy of the large crypto exchanges. The fact that the site's language menu includes Turkish shows that Turkish users are directly targeted.

🚩 What Does Exbitco's Front Page Show?

The home page shows what look like live BTC/USDT prices, and under the "Earn" heading it promotes flexible staking and crypto lending products. On fake exchanges of this kind, the balance on screen grows only in the platform's own database; when a withdrawal is requested, an extra payment is demanded under names such as "liquidity", "tax" or "account verification". The site does not show a company name, address or telephone number.

🔍 Domain and Infrastructure Findings

The domain exbitco.com was registered on 13 June 2026 through an Asia-based registrar, and the server information was hidden behind Cloudflare. About three weeks after the domain was registered, the platform appeared in fake broker records. As of October 2026 the site is still accessible.

⚖️ Crypto Exchange Authorisation in Türkiye

Under an amendment made in 2024 to Capital Markets Law No. 6362, providing crypto asset services in Türkiye requires SPK authorisation. Authorised institutions can be followed through SPK's official lists; Exbitco does not appear on these lists. We explain how to tell whether an exchange is licensed in our article how to tell if a crypto exchange is SPK-licensed.

🔗 Fake Exchanges Using the Same Interface

We have also reviewed other platforms that were built with ready-made exchange software and block withdrawals:

🧭 The Process in Crypto Fraud

Because blockchain records cannot be erased, transfers can be traced. The route followed in fake exchange cases is covered in our article on fake crypto exchanges and the legal process, and the tracing of the accounts that received the money, an asset investigationTR, is addressed in a separate article. For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Exbitco FAQ