Crypto Exchange Feature Checker
This tool helps you verify if a cryptocurrency exchange meets essential standards for security, compliance, and functionality. Based on the article review of AUX Exchange, exchanges should have minimum features to be considered safe and reliable.
Results
The exchange you checked is missing all essential security and regulatory features. According to the article review, this exchange would be comparable to AUX Exchange, which is not recommended for trading.
Exchanges without these features are dangerous for storing and trading cryptocurrency. They often lack proper security measures, regulatory compliance, and customer protection.
Based on the article review, this exchange lacks essential features including regulatory compliance, security certifications, tax reporting tools, and customer support. This is consistent with the description of AUX Exchange, which supports only 3 cryptocurrencies with no transparency about which ones.
When you're looking for a new crypto exchange, you want one that’s reliable, secure, and actually lets you trade the coins you care about. AUX Exchange might pop up in a Google search or show up on Coingecko, but don’t be fooled by a listing. This platform doesn’t offer anything close to what serious traders or even beginners need.
What Is AUX Exchange, Really?
AUX Exchange claims to be a decentralized exchange (DEX), meaning it’s supposed to let you trade crypto without handing over your keys to a company. That sounds good in theory. But in practice, it’s barely functional. According to Coingecko’s listing as of October 2025, AUX Exchange supports only three cryptocurrencies and three trading pairs. That’s it. No more, no less. Compare that to even the smallest legitimate exchanges. Swyftx in Australia offers over 500 coins. Kraken supports 466. MEXC has more than 2,500. AUX Exchange’s entire trading menu could fit on a single spreadsheet. If you’re trying to trade Bitcoin, Ethereum, or even a popular altcoin like Solana or Cardano, you’re likely out of luck. There’s no indication which three coins it supports - the platform doesn’t publish that information anywhere.No Security, No Transparency
Security isn’t just a nice-to-have in crypto. It’s the bare minimum. Major exchanges prove they’re trustworthy with clear, public practices: cold storage, two-factor authentication, Proof-of-Reserves reports, and certifications like ISO27001. AUX Exchange has none of that. There’s zero public documentation about how funds are stored. No mention of multi-sig wallets. No audits. No security certifications. No API access. No mobile app. No 24/7 customer support. You can’t even find a help page or email address to contact them. If something goes wrong - your deposit doesn’t show up, your trade fails, or your account gets locked - you have no way to get help. And that’s not a bug. It’s a feature of platforms that don’t care about users. Even exchanges that aren’t based in the U.S. or Australia still publish basic security info. AUX Exchange doesn’t even try. That’s a red flag bigger than any price chart.No Regulatory Footprint
If you’re in Australia - or any country with strong financial oversight - you need to know if an exchange is registered. In Australia, platforms like Swyftx, Coinspot, and Kraken are registered with AUSTRAC. They comply with anti-money laundering rules. They report to the tax office. AUX Exchange? Not listed anywhere. It doesn’t appear in the ATO’s data-sharing program. It’s not registered with ASIC. It doesn’t show up on any government-approved exchange list. That means if you use AUX Exchange, you’re operating outside the law. You won’t be able to use tax software like Koinly or Sharesight to track your trades. The Australian Taxation Office won’t recognize your transactions. You could end up owing thousands in penalties because your trades aren’t traceable.
Zero User Base, Zero Reputation
Real exchanges have users. Thousands of them. Reddit threads. Telegram groups. YouTube reviews. Trustpilot ratings. AUX Exchange has none of that. Search for “AUX Exchange review” on Google, Reddit, or YouTube. You’ll find nothing. Not a single video analysis. Not a single forum post. Not a single comment from someone who’s used it. Raymond La’s April 2025 video on the top 5 crypto exchanges in Australia didn’t even mention AUX Exchange - and he covered 40+ platforms. That’s not an oversight. That’s a signal. No one’s talking about it because no one’s using it. And if no one’s using it, why would you? There’s no liquidity. No volume. No price stability. You might be able to trade one coin for another, but you won’t find buyers or sellers when you want to cash out.What’s Missing? Everything
Let’s list what you get from a decent exchange - and what AUX Exchange doesn’t offer:- Fiat on-ramps (AUD, USD, EUR deposits)
- Trading fees published anywhere
- Withdrawal limits
- Mobile app
- API for automated trading
- Tax reporting tools
- Demo mode for beginners
- Customer support channels
- Educational content
- 24/7 help desk
- Proof-of-reserves
Why Does AUX Exchange Even Exist?
There’s no official website with a team, roadmap, or whitepaper. No LinkedIn profiles for founders. No GitHub activity. No press releases. The Coingecko page says “established in -” - meaning no one knows when it started. That’s not mysterious. That’s suspicious. Most likely, AUX Exchange is either:- A ghost project abandoned by its creators
- A phishing site designed to steal private keys
- A pump-and-dump scheme with fake volume
What Should You Use Instead?
If you’re in Australia, here are four solid, trustworthy alternatives:- Swyftx: Easy to use, 500+ coins, tax tools, SMSF support, and a 700,000+ user base.
- Kraken: Industry-leading security, 466+ coins, advanced trading tools, and 24/7 support.
- Coinbase: Trusted brand, simple interface, AUD deposits, and margin trading.
- Independent Reserve: Fully regulated, AUD deposits, and transparent reserves.
Final Verdict: Avoid AUX Exchange
AUX Exchange isn’t just underdeveloped - it’s dangerously incomplete. There’s no evidence it’s safe, legal, or even active. It doesn’t serve any real purpose in the crypto market. It doesn’t offer liquidity, security, or support. And it’s not listed anywhere reputable. If you’re looking to trade crypto, don’t risk your funds on a platform that doesn’t even tell you what coins it supports. Use one of the established exchanges. They’re proven, regulated, and built for real users - not ghosts.Is AUX Exchange safe to use?
No, AUX Exchange is not safe. It has no security certifications, no public audits, no customer support, and no transparency about how funds are stored. There’s no way to recover your assets if something goes wrong. It’s not registered with any financial authority, and it doesn’t appear in any trusted reviews or user communities.
Does AUX Exchange support AUD deposits?
No, AUX Exchange does not support AUD or any fiat currency deposits. There is no information on how to fund your account with real money. This makes it unusable for most traders, especially in Australia where direct AUD deposits are standard on all legitimate exchanges.
What cryptocurrencies does AUX Exchange support?
The platform claims to support three cryptocurrencies, but it never discloses which ones. Without knowing the exact coins, you can’t determine if it’s useful for your trading goals. This lack of transparency is a major red flag.
Is AUX Exchange listed on any major exchange comparison sites?
No. AUX Exchange is absent from every major Australian exchange review, including Koinly, Finder.com, Cryptonews.au, NFTEvening, and Arielle.com.au. It doesn’t appear in YouTube comparisons, Reddit discussions, or Trustpilot ratings. Its absence from these trusted sources confirms it’s not considered a viable option by experts or users.
Can I use AUX Exchange for tax reporting?
No. AUX Exchange does not integrate with any tax software like Koinly or Sharesight. It doesn’t provide trade history exports or tax statements. Using it for crypto trading could lead to serious tax compliance issues, especially in countries like Australia where the ATO requires accurate reporting.
Why is AUX Exchange listed on Coingecko if it’s so unreliable?
Coingecko lists thousands of exchanges, including many low-traffic or inactive ones. A listing doesn’t mean approval - it just means the exchange submitted basic data. Coingecko doesn’t verify security, compliance, or user activity. AUX Exchange’s listing is essentially a placeholder, not a recommendation.
Are there any alternatives to AUX Exchange for decentralized trading?
Yes. Decentralized exchanges like Uniswap, PancakeSwap, and dYdX are well-established, open-source, and widely used. They have active communities, transparent smart contracts, and clear documentation. Unlike AUX Exchange, they’re regularly audited and updated by developers. If you want decentralization, choose one of these - not a mystery platform with no track record.
Lawal Ayomide
December 1, 2025 AT 06:55This AUX Exchange thing is a scam, period. I saw it pop up on my phone while scrolling and thought, 'Wow, new DEX?' Then I checked-no website, no team, no nothing. Don’t even waste your time. I’ve seen this script before in Nigeria-fake listings, vanish with your ETH. Run.
justin allen
December 3, 2025 AT 05:13Wow, another anti-crypto FUD post from the US regulatory lobby. AUX might be sketchy, but so is Kraken’s data mining and Coinbase’s tax snooping. You people act like crypto is supposed to be safe and regulated-lol. It’s decentralized by design. If you can’t handle risk, go back to your FDIC-insured savings account, Karen.
ashi chopra
December 3, 2025 AT 11:26I’m from India and I’ve seen so many fake exchanges pop up and disappear. This one feels like a ghost town. I feel bad for anyone who put money in there. I’ve been burned before-once I lost 0.5 BTC to a site that looked exactly like this. Please, everyone, double-check everything. Even if it’s on Coingecko, it doesn’t mean it’s real. I’m just glad I didn’t fall for it.
Darlene Johnson
December 4, 2025 AT 01:26Coingecko is owned by the same people who run the crypto surveillance state. They list every phantom exchange so they can track where people send their coins. AUX isn’t a scam-it’s a honeypot. They want you to deposit so they can fingerprint your wallet and sell your data to the NSA. I knew this was coming. I told my friends not to touch anything without a .eth domain. 😈
Ivanna Faith
December 5, 2025 AT 14:55OMG I just checked AUX and it literally has 3 coins?? Like what even are they?? I'm so done with these fake platforms pretending to be DEXes. I use Uniswap and I have 100+ tokens and I'm not even trying. This is just sad. 💀
Akash Kumar Yadav
December 6, 2025 AT 21:36Why are Americans so obsessed with Kraken and Coinbase? They’re corporate crypto with KYC and taxes. AUX might be small, but at least it’s not a US government puppet. We in India have seen worse-like ZebPay shutting down overnight. At least AUX is still online. Maybe it’s just quiet, not dead.
samuel goodge
December 7, 2025 AT 01:56Let’s not conflate absence of evidence with evidence of absence. Just because AUX Exchange lacks transparency doesn’t mean it’s malicious-it might simply be a hobby project abandoned by its creator. That said, the absence of liquidity, support, documentation, and regulatory compliance renders it functionally useless. In crypto, trust is not optional-it’s the only asset. Without it, even a technically sound DEX is a ghost town. And ghosts don’t pay bills.
Vidyut Arcot
December 9, 2025 AT 01:45Hey, if you’re new to crypto, don’t panic. This post is super helpful. I’ve been trading for 3 years and I’ve seen dozens of these ghost platforms. The key is to always check: Do they have a live Telegram? Any GitHub commits? Do real people talk about them? If the answer’s no, walk away. You’re not missing out-you’re avoiding disaster. Keep learning, stay safe.
Katherine Alva
December 10, 2025 AT 16:25I think the real tragedy here isn’t AUX-it’s how normalized this has become. We’ve been trained to accept half-baked platforms because ‘it’s crypto, right?’ But if we keep tolerating this, we’ll never get real innovation. We need more transparency, not more excuses. I’m not anti-DEX-I’m pro-trust. And trust needs to be built, not assumed.
Murray Dejarnette
December 10, 2025 AT 20:32Bro, I just deposited 0.3 BTC into AUX last week. It showed up in my wallet. I traded it for some weird token called $AUXI. Now I can’t withdraw. The site loads but the buttons are grayed out. I’ve emailed the ‘support’ address (which was [email protected] reply). I think I got scammed. I feel so stupid. 😭
Sarah Locke
December 12, 2025 AT 16:30To everyone who’s new to crypto: You’re not alone. This post is a gift. I’ve mentored 12 people this year, and 3 of them almost fell for something like AUX. Don’t trust a platform because it has a logo or a Coingecko badge. Ask: Who’s behind it? Can I contact them? Is there a community? If you can’t answer those, walk away. You’re not late-you’re smart.
Mani Kumar
December 13, 2025 AT 21:10Let’s be clear: AUX Exchange is not an exchange. It is a data collection tool disguised as a blockchain interface. Its existence serves no economic purpose. It is a statistical anomaly in the crypto ecosystem. One must question the incentive structure of its creators. If no revenue model is disclosed, then the only plausible motive is surveillance or exploitation. This is not crypto. This is cybercrime with a UI.
Tatiana Rodriguez
December 14, 2025 AT 01:34I get why people are angry, but I also think we’re being too harsh. Maybe AUX was started by a single dev in their garage who got busy with life. Maybe they meant well. Maybe they just needed a few more months to build out the API or add fiat on-ramps. I’ve built side projects like this-life happens. But that doesn’t make it safe. I’m not defending it-I’m just saying we should be careful not to turn every unpolished project into a villain. Still, don’t use it. Just… be gentle when you explain why.
Philip Mirchin
December 15, 2025 AT 19:35As someone who’s lived in 7 countries, I’ve seen crypto scams in Lagos, Manila, and Miami. This AUX thing? Classic. No website? No team? No support? That’s the universal red flag. But here’s the thing-people still fall for it. Why? Because they’re desperate. They think, ‘Maybe this is the one.’ Don’t be that person. Use Swyftx. Use Kraken. Use Independent Reserve. They’re real. They’ve got people behind them. You’re not being ‘too Western’-you’re being smart.
Britney Power
December 17, 2025 AT 11:51The fact that this platform even exists on Coingecko is a systemic failure of the entire crypto infrastructure. It is an indictment of the laissez-faire ethos that has allowed every anonymous GitHub repo to masquerade as a financial institution. The absence of regulation is not freedom-it is negligence. And the users who engage with such entities are not pioneers-they are collateral damage in a market that has abandoned all ethical responsibility. This is not innovation. This is entropy.
Maggie Harrison
December 18, 2025 AT 21:25Just remember: if it doesn’t have a Discord with 10k people, it’s not real. 🌟 AUX is like a ghost emoji in a chat-you can’t even tell if it’s alive. I use Uniswap, PancakeSwap, and dYdX. They’re alive. They update. They respond. AUX? Not even a ‘hey’ in the comments. I’d rather trade with a vending machine.
alex bolduin
December 18, 2025 AT 22:58So what if it’s small? Maybe it’s a niche project. Maybe it’s testing something. You don’t need to use it. But why assume the worst? Maybe someone’s building quietly. Or maybe it’s a fork of an old project. Either way, don’t scream ‘scam’ until you’ve dug deeper. Just don’t put money in it. That’s the real advice.
Jay Weldy
December 20, 2025 AT 22:13I think the real lesson here is that we need better tools to spot these ghost platforms before people get hurt. Maybe a community-driven blacklist? Or a browser extension that flags exchanges with zero GitHub commits or no social media? We don’t need to shame users-we need to protect them. Let’s build something better than just blog posts.
Melinda Kiss
December 22, 2025 AT 08:48I’m so glad someone wrote this. I almost signed up for AUX after seeing it on a Twitter thread. I’m a mom who just started investing a little each month. I don’t know all the tech stuff. But I know if I can’t find a phone number or a help page, I shouldn’t touch it. Thank you for being the voice of reason. I’m going to use Swyftx now. 💙
Greer Dauphin
December 23, 2025 AT 08:51haha i just checked aux and it says '[email protected]' but the domain doesn't even resolve?? like wtf?? i tried pinging it and got 'host not found' 😂 i think this is the dumbest thing i've seen all week
Bhoomika Agarwal
December 24, 2025 AT 11:47Oh please, Australia thinks it’s the crypto capital of the world? You’re all so obsessed with regulation you forget crypto was born to escape banks. AUX might be a ghost-but at least it’s not a bank in disguise. We in India know real scams. This? It’s just lazy. Let it die. Don’t waste your breath.
Lawal Ayomide
December 25, 2025 AT 21:07Wait, so you’re telling me someone in Nigeria saw this and didn’t click? You’re the exception, not the rule. Most people just send their coins and vanish. I’ve seen it. This isn’t a platform. It’s a trapdoor. And the worst part? The people who lose money here don’t even know they were scammed. They think their wallet broke.