If you're looking for a crypto exchange to trade on, Exonium should be at the very bottom of your list - if it’s on the list at all. Launched in 2019 and registered in Estonia, Exonium claims to offer trading, P2P swaps, and IEOs. But after digging into every available piece of data, the truth is clear: Exonium doesn’t function like a real exchange. It has no verifiable trading volume, no user base, no transparency, and no credible presence anywhere online. This isn’t just a small, unknown platform. It’s a ghost.
There’s No Data - Because There’s No Activity
CoinMarketCap, one of the most trusted sources for crypto market data, labels Exonium as an "Untracked Listing." That’s not a technical glitch. It’s a red flag. When an exchange is untracked, it means the platform’s trading volume can’t be verified - and there are strong reasons to believe it’s either fake or nonexistent. As of late 2023, CoinMarketCap shows "No data is available now" for every trading pair on Exonium. Total assets? "Reserve data unavailable." That’s not normal. Even tiny exchanges publish some numbers. Exonium doesn’t even try.Compare that to Binance, which handles over $82 billion in spot trading volume every month. Or Coinbase, which reports its numbers publicly and is audited monthly. Exonium doesn’t appear in any of the major exchange tracking systems - not CoinGecko, not CryptoCompare, not CCData. It’s invisible in the ecosystem. If you can’t find it on the tools that serious traders use, it’s not because it’s hidden. It’s because it’s not there.
No Security, No Proof, No Trust
Security is the foundation of any crypto exchange. After the FTX collapse in 2022, every serious platform started publishing proof-of-reserves. That means showing, publicly and verifiably, that they actually hold the crypto they claim to. Gemini, Kraken, and Coinbase all do this. They publish merkle tree proofs every month. You can check them yourself.Exonium? Nothing. No proof. No audits. No third-party reviews from CertiK, Hacken, or Quantstamp. Not even a blog post explaining their security model. That’s not negligence - it’s a warning. If you’re putting your money on a platform that won’t prove it has your funds, you’re gambling, not trading.
And it gets worse. There’s no mobile app. Not on the Apple App Store. Not on Google Play. Search for "Exonium" in either store - you’ll find nothing. Meanwhile, even obscure exchanges like EXMO have fully functional apps with millions of downloads. Exonium doesn’t just lack an app - it lacks any digital footprint that suggests real users exist.
Zero User Feedback - And That’s a Bad Sign
You’d think at least someone has tried Exonium. Maybe a few users left a review. Maybe a Reddit thread. Maybe a Telegram group.Nope.
Trustpilot has zero reviews. Reddit has no active threads. Telegram groups with "Exonium" in the name have fewer than 15 members. The Better Business Bureau and Consumer Affairs have zero complaints - but not because users are happy. It’s because no one’s using it. CryptoSlate tracks over 20,000 user comments monthly across 500 exchanges. Exonium doesn’t show up once.
This isn’t a platform that’s quiet because it’s perfect. It’s quiet because it’s dead. Legitimate exchanges - even bad ones - get complaints. Exonium gets silence. That silence speaks louder than any review.
What About the Estonian License?
Exonium says it’s licensed in Estonia under number FVR000835. That’s technically true. But here’s the catch: Estonia had 153 registered crypto exchanges in 2021. By January 2024, only 27 were still active. Why? Because the EU tightened anti-money laundering rules under AMLD5. Most of those licenses were revoked or abandoned.Having a license doesn’t mean you’re safe. It just means you paid a fee and filled out paperwork. Exonium’s license doesn’t prove it’s operating. It doesn’t prove it’s solvent. It doesn’t prove it’s even answering customer emails. The Estonian Financial Intelligence Unit doesn’t even list Exonium as an active licensee in its public reports.
Compare that to Bitstamp, which holds licenses in 18 countries. Or Kraken, with 13 global licenses. Exonium has one paper permit - and nothing else.
No API, No Documentation, No Support
Even the smallest crypto exchange publishes API documentation. It lets developers build bots, track prices, automate trades. Exonium? No API. No developer portal. No technical specs. Not even a help center.Want to know how to deposit Bitcoin? How to withdraw Ethereum? What the fees are? What the minimum trade size is? You can’t find any of it. The exchange’s website doesn’t explain anything. The "Contact Us" button leads nowhere. CoinMarketCap’s "Do you work for Exonium?" prompt has gone unanswered since 2022.
That’s not poor customer service. That’s no service at all.
Why This Matters: The Bigger Picture
The crypto exchange market is shrinking. In 2022, 78 exchanges shut down. Delphi Digital predicts 40% of exchanges will vanish by 2025. Why? Because regulators are finally catching up. MiCA, the EU’s new crypto law, forces all exchanges to prove they’re real - by showing volume, reserves, and transparency.Exonium fails every single test. It has no volume. No reserves. No users. No support. No documentation. No app. No audits. No reviews. No presence.
It’s not a startup trying to grow. It’s a shell. A placeholder. A ghost in the machine. And according to CoinGecko’s 2023 Exchange Sunset Report, 92% of untracked exchanges either disappear or stop listing tokens within 18 months. Exonium has been untracked for over a year. It’s already past its expiration date.
What Should You Do?
If you’re thinking about signing up for Exonium - don’t. Even if you’re looking for a "smaller" exchange to avoid Binance’s fees or rules, there are dozens of better options. EXMO, KuCoin, Bitvavo, Kraken - all have real users, real data, real support.There’s no upside to Exonium. No hidden gem. No secret advantage. Just risk. Your crypto, your funds, your time - all of it could vanish without a trace. And when that happens, there’s no customer service, no legal recourse, no refund.
Stick with exchanges that show their work. That publish their numbers. That answer questions. That have users - real ones - talking about them. Exonium isn’t an exchange. It’s a warning.
Is Exonium a scam?
Exonium isn’t a classic scam like a phishing site or fake airdrop. It doesn’t steal funds directly. But it functions like one: it takes money, offers no transparency, provides no support, and has no verifiable activity. If you deposit crypto on Exonium, you have no way of knowing if it’s still there. That’s not a risk - it’s a trap. Legitimate exchanges prove they hold your assets. Exonium doesn’t even try.
Can I trust Exonium’s Estonian license?
No. Estonia has over 150 registered crypto exchanges, but only 27 are still active as of 2024. Many licenses were revoked because companies stopped operating. Exonium’s license number (FVR000835) appears in public records, but that doesn’t mean it’s active. It’s like having a driver’s license that expired five years ago - the paper still exists, but you’re not legally allowed to drive.
Why doesn’t Exonium have an app?
Because it doesn’t have enough users to justify one. Major exchanges like Binance, Coinbase, and even smaller ones like EXMO have millions of downloads. Exonium has no measurable user base. No app means no mobile trading, no push notifications, no real engagement. If the company doesn’t care enough to build an app, it doesn’t care enough to serve customers.
Are there any legitimate alternatives to Exonium?
Yes. EXMO has over 1 million users and 1,200+ verified Trustpilot reviews. KuCoin supports 1,000+ coins and has a proven IEO track record. Kraken is fully regulated, audited, and offers 24/7 support. Even Bitvavo - a small Dutch exchange - has more transparency than Exonium ever showed. Pick any of them. You’ll get real service, real security, and real data.
What happens if I already deposited crypto on Exonium?
Withdraw it immediately - if you can. If the platform doesn’t respond to support requests, your funds are at risk. There’s no insurance, no recovery process, and no legal protection. Exonium has no customer service, no dispute resolution, and no accountability. Treat any deposit there as a loss waiting to happen. Move your assets to a regulated exchange now.
Does Exonium offer staking or earning?
Exonium claims to offer staking, but there’s no evidence. No yield rates. No contract details. No wallet addresses. No user testimonials. In contrast, platforms like Kraken and Coinbase show exact APY rates, lock-up periods, and withdrawal rules. If Exonium’s staking program existed, users would be talking about it. They’re not. That’s because it doesn’t exist.
Why do some websites still list Exonium?
Some sites list it because they scrape data from outdated sources or accept payment for listings. CoinMarketCap removed it from its main rankings because it failed verification. Any site still promoting Exonium as a viable option is either misinformed or has a conflict of interest. Always check CoinMarketCap or CoinGecko for verified data - not random blogs or affiliate pages.
Is Exonium banned anywhere?
Exonium isn’t officially banned - because it’s not big enough to be noticed. Regulators don’t waste time on platforms with zero volume. But under the EU’s MiCA law (effective 2024), all exchanges must prove they’re operational. Exonium won’t meet those standards. It’s not banned yet - but it will be excluded from the market. That’s the same outcome.
6 Comments
Cheryl Fenner Brown
omg i literally just tried to deposit on Exonium last week 😠i thought it was some new hidden gem but nope. site loaded like a dial-up modem, no app, and the "support" email bounced back. i swear i saw a ghost emoji in the chatbot. 🥲
Michael Teague
lol. this whole post is overkill. nobody cares. if you're not trading on Binance you're doing it wrong. Exonium? probably just a side project by some guy in his basement. i don't even bother checking if exchanges have audits. just use the ones with the most volume. duh.
kati simpson
i read the whole thing twice because i was worried i might have accidentally used Exonium. i didn't but now i'm double checking all my exchanges. i just want to know my crypto is safe. no fancy stats needed. just tell me where my coins are. that's all. no drama. just peace of mind.
Cory Derby
It is imperative to underscore that the absence of verifiable trading volume, coupled with the lack of third-party security audits and a demonstrable user base, constitutes a systemic failure in operational transparency. These are not minor oversights; they are fundamental breaches of fiduciary responsibility in a sector where trust is the sole currency. One must exercise extreme caution when engaging with any entity that refuses to provide public proof of solvency or operational integrity. The burden of proof lies unequivocally with the platform.
lori sims
you know what's wild? i used to think Exonium was just quiet… like a shy kid in class. but now i see it’s not shy - it’s empty. like a house with all the furniture gone but the front door still open. i’m glad someone called it out. there are so many beautiful, real exchanges out there with soul. why settle for a ghost? let’s celebrate the ones that show up, that talk back, that have a heartbeat.
Reggie Fifty
USA has the best exchanges. If you're using some Estonian ghost site, you're basically begging to get hacked. This isn't crypto. This is Russian roulette with your life savings. Stop being a sucker. Stick to American platforms. They have regulations. They have lawyers. They have accountability. Everything else is just a crypto cult.