Is coinasset.exchange a scam?
'LIKELY SCAM'
Risk: HIGH
Website Screenshot
Overview
This site claims to be a major crypto exchange with over two million users but provides highly suspicious signals, including copy-paste branding, unverifiable user base, and mismatched domains. Several elements match common pig-butchering playbooks, making it highly likely to be a scam.
Why We Think This Is A Scam
Claims of 2,152,256 users and 'helping over 2 million customers' lack any supporting evidence, especially on a page with no verifiable age or trust signals.
Brand confusion: Site calls itself 'Hotbit Exchange' but uses the domain 'coinasset.exchange' (also references 'dashboard.hotbit.us.com'), indicating likely impersonation or domain mismatch.
Pressure-seeming language and KYC/AML theater: 'For Verified Users Get up to 100 USDT in rewards' and multiple prompts to merge or register accounts; typical bait for scam onboarding.
Hosting with Contabo in France, a provider sometimes used for abusive operations due to low costs and lenient policies.
No credible signs of licensing/regulation or company registration details; user testimonials and legal/about links absent.
Fake traction: '©️ 2025' copyright and user count claims are not credible given lack of operational transparency or proof.
Technical errors and laziness: 'Please enter CoinGecko Free Api Key to get this plugin works.'—shows incomplete or hastily made site, not a legit exchange.
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Registration Info
Registrar:—
Registered:—
Hosting Info
Provider:Contabo GmbH
Location:FR
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