While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

Company details

  1. Cryptocurrency Service

Written by the company

ByteX is Canada's Leading Crypto Platform where you can Trade, Borrow & Earn. Welcome to Earn Interest & Borrow against your Digital Assets!


Contact info

You should know

2.1

Poor

TrustScore 2 out of 5

26 reviews

5-star
4-star
3-star
2-star
1-star

Hasn’t replied to negative reviews

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Scam?

They say if I take a partial withdrawal they will close my account and divide my remaining funds with all other investors. I have more than 1bitcoin in my account and fees to withdraw all is very high 7%. So if I take out any and not it all I will lose the rest. Is this legal?

December 4, 2024
Unprompted review
Rated 1 out of 5 stars

Be careful!!!! SCAM

Be careful!!!!. Bytex.io is a scam platform, they are the same as Gokumarket where I lost my money and Coinaxium currently inoperative and not responding mails anymore. Gokumarket is gone as it's token... Bytex will do the same... please beware!
They are the same scammers. DO NOT put your money into this platform.

These scumbags will receive their punishment in life.. and hopefully we receive our moneyback

They say in their platform that they "extended life support to 1 million GokuMarket users", and what about Coinaxium users that were on Gokumarket?... I haven't been reached!!! Liars, surely you are the same people!
Please be careful. Do not invest in the platform

March 2, 2023
Unprompted review
Rated 1 out of 5 stars

Mail from ByteX:

Mail from ByteX:


As mentioned earlier, the monthly payouts will be rolled out in batches and on a regional basis. Our compliance team is already working on providing the payout and payment plan to all the affected users. We will soon update users regarding the payment plan.

The payout is based on fixed and variable components, and 3% of the fixed component is paid out on or before the 15th of every month.

Kindly note that some of the paid out amount may be more than 3% of the fixed component to maintain a standard deposit ratio.

The variable component is paid out from 10% of the revenue collected by ByteX, thus, as ByteX grows, the value of this component grows. The pool in which 10% of the revenue is collected is called SAFU and is scheduled to release soon.

Please note that ByteX and Gokumarket are two separate entities. ByteX doesn't control GM's digital assets. Payments will be made in accordance with the deficit report.

We appreciate your understanding and patience.”

They owe me 2000 usd. This is the 4 month without getting any payments…
First 2 months I received 5 dollars as down payment plan for Gokumarket rugpul scam… they saying I shall get 3 % every month, that’s a 31 years down payment plan… this is a scam platform. Don’t use them, they will be operating soon from jail when interpool arrest them…
Criminals and don’t even know mathematics, they said I would be paid back before 2024, but paying back 10 usd in 6 months….
They banned me from all social media platforms after I asked when I be paid back, with 5 usd per month of 2000 usd that’s 400 months, 400 months are 33,3 years…

Scammers!!!! Do not trust them!!!!

February 23, 2023
Unprompted review
Rated 1 out of 5 stars

Scam

The platform does not function normally, USDC withdrawals have been suspended from the beginning, the trade pro does not work, support is not available. You will lose your money if you deposit it with ByteX.

October 23, 2022
Unprompted review
Rated 1 out of 5 stars

We lost our funds in Bytex Scam Exchange

Me and my little group of investors lost our money in Bytex! This exchange promised to pay us back the money stolen from Gokumarket but already 3 months have passed since the launch of Bytex scam and still we don't receive our money! I don't recommend anybody to deposit money in Bytex Exchange until they don't pay back the debt and full amount of everybody's balance!

October 30, 2022
Unprompted review
Rated 1 out of 5 stars

Spamming several e-mails per month on…

Spamming several e-mails per month on different mail addresses. Really annoying.

Edit: I don't had an account with you. I had on other platform. Selling Data or moving without permissions?... "You have been invited to join ByteX" several times. Your Text in E-Mail implies that i am not a User...

September 16, 2022
ByteX logo

Reply from ByteX

Emails sent to users are going to be related to your accounts or your funds and are of a high importance, otherwise, for updates about the platform, you are free to unsubscribe from those.

Edit: If you are not a user it means you were a user from Gokumarket which went insolvent and users were migrated to our platform as part of a deal to help the users have an alternative exchange to use. The repeated emails would then be sent to let you know of this fact and to prevent you from losing access to your account.

Show reviews in all languages. (26 reviews)

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look