There’s no such thing as Cyberbank Exchange as a legitimate cryptocurrency trading platform. If you’ve seen ads, social media posts, or emails promoting it as a place to buy Bitcoin, Ethereum, or altcoins - you’re being targeted by a scam. This isn’t a glitch or a new startup. It’s a carefully crafted fraud designed to steal your money using the name of real banking software.
The name "Cyberbank" comes from actual enterprise banking software built by Technisys, a U.S.-based company that’s been around since 1996. It’s used by banks to manage ATMs, track compliance, handle credit cards, and run online banking systems. It has zero features for trading crypto. But scammers stole the name, added "Exchange" to it, and created fake websites that look just like Coinbase or Binance. They even copy real UI elements: trading charts, wallet addresses, login screens. It’s convincing - until you try to withdraw.
How the Cyberbank Exchange Scam Works
The pattern is always the same. You click on a Facebook ad or Google search result that says "Trade Crypto with Cyberbank Exchange - 20% Guaranteed Returns!" You sign up, verify your email, and get a quick walkthrough. Then they ask you to deposit $500, $1,000, or $5,000 to "unlock trading" or "activate your account." They promise you’ll double your money in days. You send the crypto. And then - silence.
There’s no customer support. No live chat. No phone number. The site might still load, but your account shows no trades, no balance, no history. When you email them, you get an automated reply that never changes. Some users report being asked to send more funds to "release" their initial deposit. That’s called a "pig butchering" scam - you’re the pig, and they’re the butcher.
Over 147 people have reported losing money to this exact scam on Reddit’s r/CryptoScams. One victim from the UK sent £5,000 in Bitcoin and got a fake KYC form asking for his passport and utility bill. His ID was stolen and later used to open fraudulent bank accounts. Trustpilot has 37 verified complaints about cyberbank.exchange, with an average rating of 1.2 out of 5. The pattern? No withdrawals ever processed. No refunds. No trace.
Why It’s So Hard to Spot
Scammers are smart. They use domain names that look real: cyberbank-exchange.com, cyberbankexchange.io, cyberbank-crypto.net. They copy logos from real companies. Some even run YouTube ads with fake testimonials from actors pretending to be traders. They mention "regulated" or "licensed" - but there’s no such license. No government body, no financial regulator, no crypto watchdog has ever approved Cyberbank Exchange.
Compare that to real exchanges. Coinbase holds 49 U.S. money transmitter licenses. Binance operates under MiCA in the EU. Kraken has an 11-year record with zero major hacks. They publish monthly proof-of-reserves audits. They have dedicated security teams that publish bug bounty reports. Cyberbank Exchange? Zero transparency. Zero public audits. Zero regulatory filings.
What Legitimate Crypto Exchanges Look Like
If you want to trade crypto safely, here’s what to look for:
- Transparent fees - Coinbase charges 0.50% for makers, 0.60% for takers. Kraken’s fees are visible on their site. Scam sites hide fees until after you deposit.
- Two-factor authentication (2FA) - All real exchanges require it. Fake ones either skip it or make it optional to lure you in.
- Cold storage - 95%+ of user funds are stored offline. Cyberbank Exchange doesn’t even disclose where they hold assets - because they don’t.
- 24/7 multilingual support - Binance supports 165 countries with live chat. Scam sites only offer email with 72-hour response times.
- Third-party reviews - Critical Hit, CoinGecko, and CoinMarketCap all list 500+ active exchanges. Cyberbank Exchange isn’t on any of them.
Top platforms in 2026 are still CEX.IO, Coinbase, Kraken, Binance, and Gemini. CEX.IO processes $14.3 billion in monthly volume. Coinbase blocked $237 million in fraudulent transactions in October 2025 alone using AI-powered scam detection. These companies invest millions in security. Scammers invest in domain names and Photoshop.
How to Protect Yourself
Follow these steps to avoid falling for Cyberbank Exchange or similar scams:
- Never trust a crypto platform you find through social media ads or YouTube influencers who promise guaranteed returns.
- Check if the exchange is listed on CoinGecko or CoinMarketCap. If it’s not, walk away.
- Search for the company name + "scam" on Reddit or Trustpilot. If there are complaints, it’s not safe.
- Look for regulatory licenses. If they don’t say which country regulates them, they’re not legit.
- Use only exchanges that support two-factor authentication and cold storage. If you can’t find those details on their website, don’t sign up.
The FTC launched "Project Crypto Clampdown" in October 2025 and has already shut down 43 fake exchange domains using "bank" in their name. Cyberbank Exchange is one of them - but new ones pop up every week. The scammers don’t care if you lose money. They just want you to send it.
What Happens If You’ve Already Been Scammed
If you’ve sent crypto to Cyberbank Exchange, don’t panic - but don’t expect your money back. Crypto transactions are irreversible. There’s no central authority to reverse them. However:
- Report it to your local financial crime unit. In Australia, contact ACORN (Australian Cybercrime Online Reporting Network).
- File a report with Cryptolegal.uk’s fraud database. They track global scams and help authorities identify patterns.
- Change all passwords. Scammers often use stolen login details to access other accounts.
- Warn others. Post on Reddit, Twitter, or local forums. One person’s warning can stop ten more from being tricked.
There’s no recovery service that can get your crypto back. Any site claiming to help you recover funds from Cyberbank Exchange? That’s another scam. Don’t fall for it twice.
Final Warning
Cyberbank Exchange is not a crypto exchange. It’s a criminal operation. The name was stolen. The platform is fake. The returns are lies. The money is gone. If you’re thinking of using it - stop. If you already did - report it. And never trust a platform that sounds too good to be true. In crypto, if it feels like a bank, it’s probably not.
Is Cyberbank Exchange a real crypto exchange?
No. Cyberbank Exchange is not a real crypto exchange. It is a scam website that copies the name of Cyberbank, a legitimate enterprise banking software by Technisys. No regulatory body, exchange ranking, or industry report lists Cyberbank Exchange as a valid trading platform. It has no trading engine, no wallet system, and no proof of reserves.
Why do people confuse Cyberbank with a crypto exchange?
Scammers exploit the similarity between "Cyberbank" (a trusted banking software name) and "crypto exchange." They create websites with fake logos, UIs, and ads that mimic real platforms like Coinbase. People assume "bank" means secure, so they trust it. This confusion is intentional - it’s how the scam works.
Can I trust Cyberbank Exchange if it has good reviews?
No. Reviews on fake sites are either fabricated or from bots. Legitimate review platforms like Trustpilot show 37 complaints against cyberbank.exchange with a 1.2/5 rating. Real exchanges like Coinbase and Kraken have thousands of verified reviews. Always check independent sources - never trust testimonials on the site itself.
What should I use instead of Cyberbank Exchange?
Use established, regulated exchanges like Coinbase, Kraken, Binance, CEX.IO, or Gemini. These platforms have public audits, 24/7 support, cold storage, and regulatory compliance. CEX.IO handles $14.3 billion monthly, and Coinbase offers FDIC-insured cash deposits up to $250,000. They’re the only ones you should consider.
Has Cyberbank Exchange been shut down?
The FTC’s "Project Crypto Clampdown" seized 43 domains using "bank" in their name by October 2025, including several fake Cyberbank Exchange sites. However, scammers quickly register new domains. The original cyberbank.exchange may be down, but clones like cyberbank-exchange.com or cyberbankcrypto.io are still active. Always verify the exact URL and check official exchange lists before trusting any platform.
Is it possible to recover funds sent to Cyberbank Exchange?
No. Once you send cryptocurrency to a scam site like Cyberbank Exchange, the transaction is irreversible. Blockchain networks don’t allow refunds. Any service claiming to recover your funds is another scam. Your best action is to report the incident to authorities like ACORN (Australia) or the FTC, and warn others to prevent further victims.
monique mannino
Just lost $3k to this scam last month. 🥲 I thought it looked legit-same UI as Coinbase, even had fake "24/7 support" chat. Turns out it was a ghost site. My crypto vanished like it never existed. If you're reading this and thinking about depositing-stop. Just stop. 💔