Website: web.hyperbitexchange.vip
Claimed Service: Crypto trading, ICO and IEO investments, crypto contracts
Reality: Withdrawal blocking platform demanding additional payments
Status: Funds displayed but inaccessible
If you are searching for “HyperBit Exchange scam”, “is HyperBit Exchange legit”, or “HyperBit Exchange withdrawal blocked”, this review documents a real victim’s experience that strongly indicates fraudulent or deceptive online business practices.
How the HyperBit Exchange Scam Works
HyperBit Exchange follows a well known crypto scam structure designed to extract funds while preventing withdrawals:
- Allow trading activity to appear successful.
- Display rapidly growing account balances.
- Delay or ignore withdrawal requests.
- Claim compliance or processing issues.
- Demand additional fees to unlock withdrawals
Never release funds
Victim Testimony: Step by Step Breakdown
1. Trading Appears Legitimate and Profits Accumulate
- The victim traded ICOs, IEOs, and crypto contracts using the HyperBit Exchange platform over an extended period.
- The platform dashboard displayed significant profits and a steadily increasing balance. This created the impression that trading activity was legitimate and successful.
- The displayed profits encouraged trust and continued engagement with the platform.
2. Withdrawal Request Submitted
- A formal withdrawal request was submitted through HyperBit Exchange.
- The withdrawals are not posted despite the request being properly submitted
- No transaction confirmation or blockchain record was provided.
3. Prolonged Delays and Support Contact
The victim contacted HyperBit Exchange customer support multiple times via Telegram over several weeks.
During this period:
- Withdrawals remained pending.
- Delayed and inconsistent responses.
- No clear explanation was provided.
- And They did not honour the resolution time
Legitimate exchanges do not ignore withdrawal requests for extended periods.
4. Additional Fee Demand to Release Funds
- Instead of processing the withdrawal, HyperBit Exchange informed the victim that an additional fee must be paid before the withdrawal could be completed.
- This fee was presented as mandatory and required upfront.
- This is a major scam indicator. Legitimate exchanges deduct fees directly from existing balances. They do not require users to send new money to access their own funds.
5. Funds Displayed but Completely Inaccessible
Even after the fee demand, the victim’s account continued to display a very large balance in the platform’s digital wallet.
However:
- Funds could not be withdrawn.
- Funds could not be transferred.
- Funds could not be accessed in any way.
This creates a false sense of wealth while denying actual control of the assets.
6. Communication Becomes Limited or Non Responsive
After the additional fee was requested, communication from HyperBit Exchange became increasingly limited.
- They ignore messages.
- Responses were vague or contradictory.
- No formal support process existed.
- Use of a Physical Address to Appear Legitimate
HyperBit Exchange publicly lists a physical address in San Francisco, California.
Scam operations frequently use real or unrelated addresses to create credibility without having a verifiable office, staff, or regulatory oversight.
Clear Scam Red Flags on HyperBit Exchange
This HyperBit Exchange review identifies multiple confirmed scam warning signs:
- Withdrawals blocked indefinitely.
- Mandatory additional payment demands.
- Balances are inaccessible.
- Support limited to Telegram messaging.
- Lack of transparency and accountability.
- No regulatory verification
These are not technical problems. They are deliberate fraud mechanisms.
Is HyperBit Exchange Legit?
No. HyperBit Exchange is not legitimate.
Based on documented behavior, the platform:
- Blocks withdrawals
Invents fee requirements. - Displays controlled or fake balances.
- Uses delay and silence as pressure tactics.
- Keeps user funds permanently locked
Final Verdict: HyperBit Exchange Is a Scam
Avoid HyperBit Exchange completely.
- If you are considering investing, do not deposit funds.
- If you already have funds on the platform, do not send any additional money under any circumstances.
Paying fees or compliance charges will not unlock withdrawals.
Have You Been a Victim of HyperBit Exchange?
- Stop all payments immediately.
- Save transaction records and communications.
- Document balances and withdrawal attempts
Click here now to report the platform and get help.
