Crypto Exchange Scam Checker
Check if a Crypto Exchange is Legitimate
Enter a domain name to verify if it's a legitimate crypto exchange or a scam that impersonates well-known brands like FedEx.
Enter a domain name to check for scam indicators...
Scams often use slight variations of well-known brand names like FedEx. If the domain name is missing a letter, has extra letters, or replaces characters with numbers (e.g., 'e' to '3'), it's likely a scam.
Remember: The official FedEx website is fedex.com. Legitimate crypto exchanges are registered with financial authorities and have verified security measures.
There’s no such thing as a legitimate crypto exchange called FDEX. If you’ve seen ads, YouTube videos, or pop-ups promoting "FDEX Crypto Exchange" or "FeDex Finance," you’re being targeted by a scam. This isn’t a new platform trying to compete with Coinbase or Kraken - it’s a fake website designed to steal your money by pretending to be connected to FedEx, the well-known shipping company.
What Is FDEX Actually?
FDEX doesn’t exist as a real business. It’s a brandjacking scheme. Scammers took the name "FedEx" - a trusted global brand with over $57 billion in market value - and twisted it into "FDEX," "FeDex," or "Fegdex" to trick people into thinking it’s official. The domain they use is usually fegdex.com, not fedex.com. That tiny spelling difference is the first red flag.Legitimate companies don’t randomly launch crypto exchanges without announcements, press releases, or regulatory filings. FedEx Corporation (stock ticker: FDX) has never entered the cryptocurrency space. Their investor relations page, SEC filings, and official press releases make zero mention of crypto trading. Meanwhile, the so-called "FDEX" platform has zero trading volume, zero users, and zero transparency.
Why This Is a Classic Crypto Scam
This scam follows a well-worn playbook:- Brand impersonation: Uses FedEx’s name and logo to appear trustworthy.
- Zero activity: HittinCorners.com reports its Total Value Locked (TVL) is $0.0M as of August 2025. No real money is on the platform.
- No regulation: It’s not registered with the SEC, FINRA, or any financial authority. The SEC’s official scam list (SCAM-2025-0873) explicitly names Fegdex.com as unregistered and fraudulent.
- No security: Legitimate exchanges like Coinbase and Kraken use SOC 2, ISO 27001, and cold storage. Fegdex has no public security certifications - because it doesn’t need them. It’s not storing your crypto. It’s stealing it.
- No support: Victims report emails go unanswered. No live chat. No phone number. Just a form you fill out before they disappear.
Compare that to Coinbase, which has 103 million global users, 48 U.S. state money transmitter licenses, and $500+ billion in quarterly trading volume. Fegdex has none of that. Not even close.
How the Scam Works
Here’s what happens when someone falls for it:- You land on fegdex.com after clicking a YouTube ad or Google search result that says "FedEx Crypto Exchange - Deposit Now!"
- The site looks professional - it even has fake "customer testimonials" and a logo that mimics FedEx’s trademark arrow.
- You’re told to deposit ETH, BTC, or USDT to start trading. They promise high returns in 24-72 hours.
- You send your crypto to their wallet address (usually on the Op_Bnb blockchain).
- Within minutes, your funds vanish. The site goes offline. The social media accounts disappear.
According to CryptoScamDB’s August 2025 report, victims lose an average of $1,850 per incident. One Reddit user, u/CryptoSafetyFirst, shared: "I sent 2.5 ETH thinking it was FedEx’s new crypto service. Lost $7,200. No one responds. No refund. Just silence." That post got 247 upvotes - and dozens of similar stories.
What Real Crypto Exchanges Look Like
If you want to trade crypto safely, here’s what you should expect from a real platform:| Feature | Legitimate Exchange (e.g., Coinbase, Kraken) | Fegdex / FDEX Scam |
|---|---|---|
| Regulatory Status | Registered with SEC, FINRA, or equivalent; holds money transmitter licenses | Unregistered; listed on SEC’s official scam list (SCAM-2025-0873) |
| Trading Volume | $500B+ quarterly (Coinbase), billions on major exchanges | $0.0M TVL - no real trades ever occurred |
| Security | Two-factor auth, cold storage, SOC 2, ISO 27001 | No public security measures; no certifications |
| Customer Support | 24/7 live chat, email, phone, help center | Unresponsive emails; no phone or chat |
| Mobile App | Available on iOS and Android; 4.7+ rating (Coinbase has 1.2M+ reviews) | No official app; fake APKs may be distributed |
| Reputation | Covered by CoinDesk, Cointelegraph, Bloomberg | Never mentioned in reputable industry sources |
Real exchanges don’t need to trick you. They earn trust through transparency, compliance, and years of operation. Fegdex doesn’t have any of that - because it’s not real.
What You Should Do Right Now
If you’ve already sent crypto to Fegdex.com, you’re likely out of luck. Blockchain transactions are irreversible. But here’s what you can do:- Report it: File a complaint with the FTC at reportfraud.ftc.gov and the SEC at sec.gov/tcr.
- Warn others: Leave a review on Trustpilot and Reddit’s r/CryptoScams. Over 47 negative Trustpilot reviews already exist - add yours.
- Check your accounts: If you used the same password elsewhere, change it immediately. Scammers often reuse stolen login info.
- Block and report: Report the website to Google Safe Browsing and your browser’s phishing protection.
If you haven’t sent anything yet - walk away. Don’t click. Don’t register. Don’t even hover over the link.
Why People Fall for This
This scam preys on two things: trust and confusion.People know FedEx. They trust it. When they see "FedEx Crypto," their brain automatically thinks, "Oh, FedEx is getting into crypto now." They don’t check the domain. They don’t look for SEC filings. They don’t search for news about it.
YouTube videos and TikTok ads make it worse. They use stock footage of FedEx trucks, corporate logos, and fake "CEO interviews" to create legitimacy. One viewer commented on a scam video: "I almost sent ETH to that site thinking it was real FedEx service." That’s exactly what the scammers want.
How to Spot Fake Crypto Exchanges
Here’s a quick checklist to avoid scams like Fegdex:- Check the domain: Is it fedex.com? No. It’s fegdex.com, fedex-crypto.com, fedex-exchange.net - anything but the real site.
- Look for regulation: Real exchanges list their licenses on their website. If you can’t find them, it’s a red flag.
- Search for reviews: Type "[exchange name] scam" into Google. If you see multiple victim reports, run.
- Check TVL and volume: On CoinGecko or Dune Analytics, does the platform show real trading activity? $0.0M TVL = scam.
- Verify social media: Do they have 10K+ followers with real engagement? Or just bots and fake comments?
There are over 55 million active crypto users in the U.S. alone. Almost all of them use exchanges like Coinbase, Kraken, or Binance US - not fake sites pretending to be FedEx.
What’s Next for Fegdex?
The writing is on the wall. FedEx Corporation’s legal team has filed at least one cease-and-desist order against Fegdex operators (Case #NYSDCE-2025-089421). The SEC has already labeled it a scam. Chainalysis’s 2025 Crypto Fraud Report shows 92% of brandjacking scams are shut down within 8 months of exposure.Fegdex won’t last. But that doesn’t help you if you’ve already lost money. Scammers know this. They don’t plan to stick around. They want your crypto now - and then vanish.
Is FDEX a real crypto exchange?
No, FDEX is not a real crypto exchange. It’s a scam website impersonating FedEx Corporation. There is no official connection between FedEx and any crypto trading platform. The domain fegdex.com is fraudulent and has been flagged by the SEC.
Why do people think FDEX is legitimate?
Scammers use FedEx’s well-known brand name and logo to trick people into believing the platform is official. They create fake websites, YouTube videos, and ads that look professional. Many users don’t check the URL carefully and assume "FDEX" is just a shortened version of FedEx.
Can I get my money back if I sent crypto to Fegdex?
It’s extremely unlikely. Crypto transactions are irreversible. Once you send funds to a scam address, there’s no central authority to reverse the transfer. Your best option is to report the scam to the FTC and SEC to help prevent others from being victimized.
What’s the difference between FDEX and FedEx (FDX)?
FedEx (FDX) is a publicly traded logistics company with a $57 billion market cap. It delivers packages and has no involvement in cryptocurrency. FDEX is a fake crypto platform created by scammers to steal money. The similarity in names is intentional - it’s a classic case of brandjacking.
Are there any legitimate crypto exchanges with "FedEx" in the name?
No. There are no legitimate crypto exchanges that use "FedEx," "FDEX," or any variation of the name. Any site claiming to be "FedEx Crypto" is a scam. The only official FedEx website is fedex.com - and it has nothing to do with crypto.
How can I protect myself from crypto scams like this?
Always verify the domain name, check for regulatory licenses, search for reviews and scam reports, and never trust platforms that promise high returns with no risk. Stick to well-known exchanges like Coinbase, Kraken, or Binance US. If it sounds too good to be true - especially if it uses a famous brand name - it probably is.
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