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When you’re looking for a new crypto exchange, you want one that’s reliable, secure, and transparent. But what if the platform you’re considering doesn’t even have verified trading data? That’s the reality with Exonium crypto exchange. Launched in 2019 and registered in Estonia, Exonium claims to offer trading, P2P deals, and IEOs. But if you dig deeper, you’ll find almost nothing you can trust.
No Verified Trading Volume - And That’s a Red Flag
CoinMarketCap, one of the most trusted sources for crypto data, lists Exonium as an “Untracked Listing.” That means they can’t verify any of its trading numbers. Not a single pair. Not a single daily volume. Not even a rough estimate. The platform shows “No data is available now” across all metrics. That’s not a glitch - it’s a pattern. Exchanges that get this label are either hiding activity or running fake volume. CoinMarketCap only does this after months of failed attempts to confirm data. Other major trackers like CoinGecko and CCData also exclude Exonium from their rankings. In a market where Binance handles over $80 billion a month, Exonium has 0.000% market share. If no one’s trading there, why should you?No App, No API, No Transparency
Most exchanges, even small ones, publish technical details. They share API docs so developers can build tools. They list supported coins with minimum deposit amounts. They explain how withdrawals work and how long they take. Exonium does none of this. There’s no public API documentation. No wallet address examples. No fee schedule. No withdrawal limits. Even basic info like “How do I deposit Bitcoin?” is missing. And if you’re thinking about using the mobile app - forget it. It’s not on the Apple App Store or Google Play. You can’t even download it from a trusted source. That’s not “niche” - it’s a warning sign. Legit platforms don’t hide their infrastructure. They make it easy to verify.No Security Audits, No Proof of Reserves
After the FTX collapse in 2022, the industry changed. Now, top exchanges publish monthly proof-of-reserves. They use merkle trees to show they hold enough crypto to cover all user balances. Gemini, Kraken, and Coinbase do this. Exonium doesn’t. There’s zero public documentation showing they hold user funds. No audits from CertiK, Hacken, or Quantstamp. No security reports. No details on cold storage or multi-sig wallets. In 2025, using an exchange without proof-of-reserves is like leaving your cash in a locked suitcase with no key - you have no idea if it’s still there. Estonia’s financial regulator has cracked down hard since 2022. Of the 153 exchanges licensed there in 2021, only 27 are still active. Exonium’s license (FVR000835) doesn’t mean safety - it just means they paid a fee.
No User Reviews, No Community
Real exchanges have users. Real users leave reviews. Trustpilot has over 1,200 reviews for EXMO, another smaller exchange. Exonium? Zero. Reddit? No dedicated threads. Telegram groups with “Exonium” in the name have fewer than 15 members. The Better Business Bureau and Consumer Affairs show zero complaints - not because it’s perfect, but because almost no one has used it. Even if you search for “Exonium scam” or “Exonium problems,” you’ll find nothing. That’s not a good sign. If a platform had major issues, people would be talking. The silence suggests it’s not just unpopular - it’s inactive.It’s Not Listed in Any Major Reports
If you read reports from CoinDesk, Cointelegraph, The Block, or Messari, you’ll find detailed reviews of hundreds of exchanges. Exonium isn’t mentioned in any of them. Delphi Digital, Castle Island Ventures, Fidelity’s Digital Assets team - none have analyzed Exonium. Even niche blogs that cover obscure platforms skip it. Meanwhile, exchanges like Deepcoin got in-depth analyses with 1,200+ words. Exonium gets radio silence. That’s not an oversight. It’s a signal. Industry experts don’t ignore platforms because they’re too small - they ignore them because they’re too risky.
What About IEOs and P2P Trading?
Exonium claims to run Initial Exchange Offerings and P2P trading. But there’s no list of past IEO projects. No details on how to participate. No token names, no fundraising amounts, no investor results. The same goes for P2P. No user testimonials. No trade history. No dispute resolution process. Compare that to Binance Launchpad, which has raised over $2 billion across 51 projects. Or KuCoin Spotlight, with $1.4 billion and 72 projects. Exonium’s claims are just words on a website. No proof. No records. No trail.Regulatory Risk Is Growing - And Exonium Can’t Keep Up
The EU’s MiCA regulation takes full effect in 2024. It requires all exchanges to prove they’re transparent, secure, and solvent. Exonium doesn’t meet any of those standards. Estonia’s financial intelligence unit is shutting down non-compliant exchanges faster than ever. In 2023, 78 exchanges globally shut down. Untracked platforms like Exonium are the first to disappear. If you deposit funds now, you’re gambling that the platform will still exist next year. Most untracked exchanges vanish within 18 months, according to CoinGecko’s 2023 Sunset Report. That’s a 92% failure rate.What Should You Do Instead?
If you’re looking for a safe, reliable exchange, stick with platforms that have:- Verified trading volume on CoinMarketCap or CoinGecko
- Public proof-of-reserves reports
- Mobile apps on Apple and Google stores
- Clear KYC and withdrawal limits
- Third-party security audits
- Active user communities and reviews
Examples: Coinbase, Kraken, Binance, Bitstamp, and KuCoin. These platforms may charge higher fees, but they’re built to last. Exonium? It’s a ghost. No volume. No users. No audits. No future.
Is Exonium crypto exchange safe to use?
No, Exonium is not safe to use. It has no verified trading volume, no public security audits, no proof of reserves, and no user reviews. Major platforms like CoinMarketCap and CoinGecko classify it as “untracked,” meaning its data cannot be trusted. There’s also no mobile app, no API, and no transparency about fees or withdrawal limits. Using it puts your funds at serious risk.
Why does CoinMarketCap say Exonium is untracked?
CoinMarketCap labels Exonium as “untracked” because it cannot verify any of its trading data. The exchange doesn’t provide the necessary volume logs, API access, or third-party validation to prove its numbers are real. This label is reserved for platforms suspected of wash trading or hiding activity. Exonium has failed multiple verification attempts and remains excluded from all major market data sources.
Does Exonium have a mobile app?
No, Exonium does not have a mobile app available on the Apple App Store or Google Play Store. Any app claiming to be Exonium is likely fake or malicious. Legitimate exchanges always publish their apps on official app stores for security and verification. The absence of an app is a major red flag.
Are there any user reviews for Exonium?
There are no verified user reviews for Exonium on Trustpilot, Reddit, or any major review platform. Telegram groups associated with the exchange have fewer than 15 members. The lack of feedback isn’t a sign of perfection - it’s a sign of inactivity. Real exchanges, even small ones, attract users who leave comments. Exonium’s silence suggests very few, if any, people are actually trading there.
Can I trust Exonium’s Estonian license?
Having an Estonian license (FVR000835) doesn’t make Exonium trustworthy. Estonia has over 150 registered exchanges, but only 27 are still active as of 2023 due to stricter anti-money laundering rules. A license means they paid a fee - not that they’re secure, solvent, or transparent. Many shut-down exchanges had the same license. Always check for proof-of-reserves, volume data, and user activity - not just registration paperwork.
What happened to Exonium after 2022?
Exonium has shown no updates, new features, or public communication since at least early 2022. Its website hasn’t changed, no blog posts have been published, and no new listings or partnerships have been announced. Meanwhile, even smaller exchanges released multiple updates in 2023, including new payment methods and staking options. Exonium’s inactivity suggests it’s no longer operational or is being maintained only as a placeholder.
Should I invest in an IEO on Exonium?
No. Exonium claims to run IEOs, but there is no public record of any past projects, token names, fundraising amounts, or investor results. Unlike Binance Launchpad or KuCoin Spotlight, which have raised billions and published full project details, Exonium offers zero transparency. Investing in an IEO on this platform is equivalent to sending money to an unknown address with no contract or documentation.
Is Exonium likely to shut down soon?
Yes. According to CoinGecko’s 2023 Exchange Sunset Report, 92% of untracked exchanges shut down or delist tokens within 18 months. Exonium has been untracked for over two years, has no user base, no updates, and no regulatory compliance beyond a basic license. With the EU’s MiCA regulation enforcing transparency in 2024, Exonium has no path to compliance. Its shutdown is not a possibility - it’s inevitable.
Allison Doumith
Exonium isn't just unsafe-it's a ghost town with a website. No volume, no users, no audits. It's not a scam, it's an afterthought. The fact that even the most obscure crypto blogs ignore it speaks louder than any red flag ever could. This isn't negligence. It's abandonment.