Reported as a scam / unregulated
Why BinCryptex(aka BinCrypt24) is on the register
According to its website, it claims to have been developed in 2012 and is registered in St. Vincent. Upon investigation, we discovered that its domain name was not established until 2024. Furthermore, St. Vincent is not known to regulate foreign exchange. Furthermore, it does not publish any definitive regulatory evidence on its website. Investors are advised to be cautious and avoid it. In essence, BinCryptex(aka BinCrypt24) is not regulated by any governing body. Entrusting it with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. BinCryptex(aka BinCrypt24) appears to be a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.