Have you heard of Walexer.com? Do you want to know if it is a scam or legit crypto trading platform? Read this review to find out more about Walexer.
What is Walexer.com
Walexer is a cryptocurrency exchange platform that claims to be a ECN/STP broker. They also claim that you can Enjoy low cost trading with spreads from 0.0 pips and commission from $1.50 per lot.
Walexer.com And How It Works
According to the website, It claims that that all you have to do is register on the platform, start trading and also use the promo code to increase your earnings.
However this is a scam, it has fake people on their website posting amounts of money they have withdrawn. After investing when it is time to withdraw you are asked to pay for tax, then later they block the funds you have deposited, and they ask you to pay a strange fee to unlock the funds. After paying the tax, the funds continue to be blocked for other excuses that are made up, in essence you can not withdraw your money. . This screams SCAM!. The Walexer.com was also created recently in April 2023 and expires April 2024, this is a red flag.
The people behind these scams simply keep on launching new “systems” and “apps” under new names like , Usdtbinace, Usdttuut, etc in an attempt to escape the negative reviews so that they can continue tricking people into joining.
There is no doubt that that it is a scam as several people have left some negative reviews online calling it for what it is, A SCAM just like Usdtaonim
An aggrieved investor had this to say
They are not regulated
Adds exorbitant fees that are not outlined to receive your withdrawals
Does not let you withdraw any earnings from your account
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From the foregoing, it is clear that Walexer is a scam just like Dotxbep which we reviewed earlier, Investors should be wary of such sites as their aims are to rip off unsuspecting investors.