⚠️ It appears that customers have reported withdrawal issues with AltxBit, indicating potential liquidity or operational problems.
If you’ve spotted AltxBit (altxbit.com) on TikTok or Instagram lately, you’re not alone. Ads promising easy crypto trading might catch your eye, or maybe you’ve received spammy emails and cold calls pushing you to sign up.
When you first check it out, the polished look and big promises might seem real, but it’s all a setup to trick you. AltxBit is part of the ArbySnare scam network, a web of fake platforms built to steal your cryptocurrency.
Here’s what you need to know about this fraudulent site.
AltxBit markets itself as a cryptocurrency exchange with slogans like “The best way to receive, send, and trade cryptocurrency.” It leans heavily on social media hype, especially on TikTok and Instagram, to draw users in.
In my article on the ArbySnare network, I highlighted how sites like these use fake celebrity endorsements, like Elon Musk or Cristiano Ronaldo, to build trust, though it’s all a lie.
The site is a clone, mirroring the same deceptive blueprint as other ArbySnare scams tied to shell companies like Crypto Arby Trade Limited.
Visit altxbit.com, and you’ll see a predictable structure:
The top menu lists “Trade,” “Buy Crypto,” “Markets,” “NFT” (tagged with a purple “soon”), “Fees,” and “Referrals.”
The homepage boasts “Buy crypto in a way convenient for you” alongside a market table, Bitcoin at $83,134.30, Ethereum at $1,906.23.
This setup mirrors the cloned designs common in the ArbySnare network, a clear sign it’s part of the same fraudulent pattern with no genuine operation behind it.
[Header] - Top Links: Trade | Markets | Rewards | Referral | Affiliate | VIP [Main Content] - Left Sidebar: | Home | Exchange | Prices | Wallets | Buy crypto | Activities | Blog - Center: "Buy & sell crypto in minutes" "Trade Bitcoin, Ethereum, USDT, and the top altcoins..." [Fake Crypto Price Table] [3D Images: Funnel with coins, Smartphone] "Benefits For You" (Affiliate Section) "Build your crypto portfolio anywhere" (App Teaser) [Footer] - © 2025 AltxBit. All Rights Reserved - Links: About Us | Terms of Service | Privacy Policy
The scam relies on psychological hooks. Fake endorsements from big names exploit your trust in celebrities.
A “Referral” page promises 50% earnings for inviting friends, but only for “Premium” users, a trick to pull others into the scheme.
Fees are teased at 0.20% for trades or 0.14% for upgrades, yet the fine print warns they can change anytime.
That “NFT” option with “soon”? It’s empty hype, a nod to trends with no substance.
These are all calculated moves to make the site feel credible while delivering nothing.
Here’s the playbook, straight from the ArbySnare scam pattern.
You see an ad or get a pushy call, visit the site, and sign up.
You deposit Bitcoin or Ethereum, and your dashboard shows “profits”, pure fiction designed to bait you into sending more.
Try to withdraw? You’ll hit a wall, either steep fees or total silence. Eventually, they block you, the site vanishes, and your crypto is gone.
In my investigation of the ArbySnare network on Alertopedia, I confirmed this is standard for their sites: no withdrawals, no accountability.
No. AltxBit lacks a verifiable license or a real company backing it. The “Arby Trade Company” mentioned in its Terms and Conditions, often appearing as CRYPTO ARBY TRADE LIMITED, is a ghost, with no trace in official records.
It’s a hollow shell designed to deceive, fitting the pattern of other fraudulent sites in the ArbySnare network.
Protect yourself by watching for these warning signs:
Test with a small deposit if you’re skeptical, but don’t expect it back. A quick Google search for “AltxBit scam” ties it straight to ArbySnare’s fraud network.
AltxBit is a polished fake, a cog in the ArbySnare scam machine built to swipe your crypto and disappear. Its cloned design, fake promises, and predatory tactics are all exposed in the ArbySnare network breakdown.
Don’t fall for the social media buzz or smooth talk, keep your funds safe and spread the word.
No, AltxBit is a scam tied to the ArbySnare network. It has no license, no real company, and exists to steal your crypto.
It uses fake endorsements, cloned site designs, and fabricated profits to lure you in. Withdrawals are blocked with fees or ignored entirely.
No, the advertised 0.20% or 0.14% fees are bait. They can change anytime, and you’ll never withdraw anyway, it’s a scam.
Broken “About Us” page, fake celebrity hype, no license, and a referral push to recruit others. It’s all ArbySnare hallmarks.
You’ll see fake gains to tempt more deposits, but withdrawals fail. Your money gets locked or stolen when they vanish.
Complete the form below to get a free consultation with cyber intelligence experts and trace your funds.