Are you considering signing up to Labuex located at A website that claims to be a platform where you can buy and sell cryptocurrencies? DON’T do that yet. Once you deposit your money, you will not get it back not to talk of making any profit.

This article serves as an eye opener. Keep reading to find out the details about this website and why users and scam detectors flagged it fraudulent. image

What Is Labuex All About:

It is a platform that claims to be a golden opportunity for people to buy and sell crypto currencies ranging from Bitcoin Ethereum, Ripple, Litecoin etc.
According to the official website, Cryptobygalaxy is the cryptocurrency exchange platform that makes digital currency operations easy and affordable for everyone. Also, you can store and manage your digital assets using the most secure, compliant, and user-friendly custody solution on the market. image

What To Do To Earn The Alleged Money From Labuex

  • First of all, you have to register. Follow step by step and sign in
  • Start trading. You can trade with any cryptocurrency of your choice.
  • Use promo code to increase your income,
  • Finally, you start earning money from the platform

Sounds interesting right? Lets see if this website lives up to its claims.


  • Website name:
  • Email: Not Available
  • Registered On: 30th September 2023
  • Expires On: 30 September 2024
  • Contact address: Not mentioned.
  • Contact number: Not mentioned.
  • Type of Product Name: Its a money earning App.
  • Social media links: Not mentioned

Red Flags Of Website

Labuex Was Recently Registered

According to Lookup icaan a domain checker, the website was recently registered on September 2023 and expires on September 2024. Meaning that the website was just created few weeks ago. It is not even up to six months old. And it evident that the website has a very short lifespan and can be disposed easily.

No Contact Us Info

There is no information to contact the people behind website. There is no address, email or phone number provided. How then can you contact them if anything should go wrong. It’s very risky.

No Social Media Presence

Labuex failed to provide links to their social media pages. It is obvious that they are scared of being exposed by the social media authorities.

Is A Scam?

Yes, it is a scam. Having seen the above analysis,  Ocroxbit is a viral website designed by scammers to lure and defraud unsuspecting individual. Investors should not try to trade on it. The claims to be the fastest growing global cryptocurrency exchange – with the lowest fees around is false.

Don’t be carried away. Just like cashjob, Maxebitex and Nevexet that we reviewed earlier, you will not make any profit rather you will be defrauded.

Besides, it has a very bad trust index on Scamwatcher

Tips To Know Fake Cryptocurrency Websites:

  • The website promises of guaranteed returns.
  • You cannot withdraw your money or they want you to pay more to get your money back.
  • They use new domain names
  • Negative reviews online about it

Have You Been Scammed?

Incase if you have been Scammed, the best thing to do is go the website, and file a dispute within 180 calendar days of your singing up.

Have you signed to already, you can share your experience with us on the comment session below.

Have you signed up to website? Did you get and money back and make profit? Where you scammed? Please, share your experience with us on the comment session.

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