Is setfex.com a scam?

'LIKELY SCAM'
Risk: HIGH

Website Screenshot

Screenshot of setfex.com

Overview

This is a newly-registered crypto exchange site with generic promotional content, promises of signup bonuses, and no verifiable legal or company information. Multiple classic red flags point to a high likelihood of a stingray_crypto scam operation.

Why We Think This Is A Scam

Domain registered only ~2 hours ago, yet claims to be a 'leading' exchange with established features.
No verifiable company registry, business address, or legal disclosures; copyright claims 2025.
Promotes signup with promise to 'earn up to 1,500 USDT,' typical of scam bonus offers.
Generic, repetitive marketing copy with no specifics about platform regulation, licensing, or founders.
All page elements (chat, trading views, USDT tournaments) mimic real exchanges but lack substance or evidence.

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Registration Info

Registrar:NICENIC INTERNATIONAL GROUP CO., LIMITED
Registered:2026-02-22

Hosting Info

Provider:Cloudflare, Inc.
Location:US

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