Crypto-bridge.org Review 2019 – Scam or Not?

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Crypto-bridge.org is an interesting website that just recently released and promises to provide a “better” solution to our centralized exchange problem that has been going on. If you haven’t realized yet, the world of exchange websites revolves around entities that would require you to deposit any type of funds to their website which deliberately brings a decentralized monetary medium (cryptocurrencies) to a centralized entity just to trade with your peers.

This can be great in a number of ways but the most important part that people are forgetting would be the centralization of their funds. The problem here is that when a website’s security is compromised, funds that are deposited no matter how small it is can be hacked and stolen. We all know that centralized exchanges keep a hot and cold wallet claiming that most of their funds are stored offline, but how much really is stored offline? This can never be answered and if you have read most of the attacks if most of their storage is stored offline and only a small amount is left online, why do these websites (that have been hacked) get crippled after an attack?

What Crypto-bridge.org did is that they created a decentralized blockchain based order book with a multi-signature gateway network. The user will still be able to deposit/withdraw funds into their accounts but the website claims that they have no access to the client’s funds that are in the exchange. Their web-based wallet is also decentralized since you will be able to download the application and stores no information from the user.

Could it work? Well, let’s take a closer look at their website and get to a conclusion by the end of this review.

Account Creation with Crypto-bridge.org

To create an account with the exchange, all you need to have is an account name and you’re good to go! Passwords are generated randomly creating an alpha-numeric code that is impossible to crack. Since your password is randomly generated, you need to make sure that you will not lose your password since no one can recover your password if you will lose access to your account and the funds associated with it. Make sure to write your password down on a sheet of paper or store it somewhere in the cloud for backup purposes. After providing the required information you will then be reminded again to take good care of your password and what consequences you are going to face in case you lose it. You’re logged in account will then redirect you to their website landing page where the top markets are shown.

Exploring Crypto-Bridge.org

The “Top Markets” page shows you all the available top markets the website has to offer. This page does not only serve as an official list of the website it also works as a shortcut to the markets that you want to participate in. Click any of the available markets and you will be redirected to their exchange market. Talking about the exchange, you can also access this through the main tabs located on the upper part of the website. Main tabs include Account, Send, Exchange, and Deposit/Withdraw.

 

The Exchange

Moving forward to their exchange, we’ve got the basics all lined up. One thing that we noticed though is that when you choose the market inside the platform it does not respond properly and you are forced to go back to the top markets list and select the pair you want to trade with. The active pair shows on the upper left-hand side of the exchange platform. Buying and Purchasing crypto is much harder compared to other websites since they do not have the auto-fill-up feature and you need to click the available sell orders if you want to purchase and buy orders if you want to sell. On the right-hand side panel, we’ve got the available markets that listed with their current price and position in the market against BTC or BTS. Aside from the BTC and BTS markets, the website also offers other pairs which you will be able to access by clicking the “Others” tab on the right-hand side panel.

Deposit and Withdrawals

Crypto-bridge.org is one of those exchange websites that accepts a ton of crypto. Accepted coins are ACCO, AGN, ALP, ALQO, ARGO, ARION, ARTX, BANQ, BASHC, BBK, BCH, BCL, BCO, BEET, BELA, BHD, BITG, BLOCK, BRIM, BTC, BTX, BZL, CAP, CBS, CHEESE, CIF, CMOS, COLX, CRAVE, CRDS, CREA, CROP, CRZ, CTF, CURV, DASH, DEV, DGB, DGF, DSR, DV7, DXC, DYN, ECA, ECC, END, EOT, EQT, ERZ, ESCO, ETHCA, ETHF, EXCL, EXUS, FIX, FLASH, FLM, FOR, FRM, GBX, GIN, GNR, GOA, GRLC, HIGHT, HTK, HTML, IC, ICH, IFX, JEW, JLG, JOY, KLK, KNG, KREDS, LCC, LEO, LIZ, LOL, LPA, LTC, LUCKY, LUX, LUG, MARCO, MATRX, MDC, MEDIC, MIE, MMB, MONA, MOUSE, MRJA, MUE, MUN, NEET, NLC2, NMS, NORT, NYX, OLMP, OMEGA, OPC, PBS, PHILS, PHR, PINK, PIVX, POLIS, POLY, PURE, QBIC, RACE, RAP, RNS, ROE, RUPX, RVN, RVR, SCORE, SEND, SEQ, SHND, SMART, SNCZ, SPD, STAK, STONE, SUBIX, SUPPO, SZC, TGAO, TIN, TOA, TROLL, TUN, UFO, ULT, UNIFY, VIVO, VTAR, VTC, WSP, XAP, XAR, XFT, XGOD, XGOX, XLR, XMCC, XP, XSH, XVG, XZC, ZEX, ZNY, ZOI. For withdrawals, the website also provides the same selection as what you can deposit.

Pros and Cons

Pros

  • Decentralized Exchange
  • Vast crypto selection

Cons

  • Does not accept Fiat
  • Shady about their company information

CryptoBridge Review Conclusion

The website just recently released and we can absolutely say that they lack a lot of things that a true exchange should have. First would be their lack of transparency for their main office location since it was not mentioned on the website. What about their ability to become a decentralized system? The idea is plausible but due to the recent demand for these “decentralized” exchanges, as of now, we are really unable to say that they are completely safe to compare to their earlier predecessors.

Go to crypto-bridge.org
Share your Experiences about Crypto-bridge.org:

13 User-Reviews for Crypto-bridge.org
  1. Paul, 15. April 2019

    I have used them with mixed experience. Take your account offline first. Then always make sure the account auto-locks within 20 seconds. I have seen accounts created and then transfer money from unlocked accounts. Ties up with “bot” comments below. They deny that this is their fault and that their system is unhackable. I saw the “bot” transfer 1BTC out of a users account. Apart from that I have used them but lost around 0.03BTC before I took the precautions. So I give them a mixed rating.

  2. saturnmoon, 6. January 2019

    I was just about to send some crypto to this exchange, when i found out via CMC that every new never heard of coin that gets listed there starts booming. So before sending my crypto there i was trying to find out if this exchange is trustworthy. The last time that i used an exchange that offered the possibility to stake coins there, it didn’t turn out too well for me (see coinsmarkets.com). So even if you can make a quick buck via exchanges like this one, it’s better not to risk your money. Because sooner or later they will shut down and exit scam and re-open another exchange like this one, which still has the same bugs like coinsmarkets.com (from Januari 5 2018) where i lost almost all my electra coins. good luck trading guys and remember if things are too good to be true, stay away. 😉

  3. cryptokev, 6. December 2018

    I’ve used Crypto-Bridge.org for awhile now and give it a five-star rating. It is completely decentralized, plus it offers the added benefit of providing a profit sharing plan to users who “stake” its native coin, called BridgeCoin (BCO). You can stake it anywhere from a month to a year and get a larger percentage return on transaction fees. These transaction fees are paid in whatever coin is being traded, and payouts happen once a month. I’ve accrued small holdings in ETH, BTC, and BCO by staking a small BCO holding for a year. I will definitely be obtaining more BCO and staking more over time.

    Because it is decentralized and open source, it is completely safe for users who take their own security precautions. They do not present a big target for hackers, because there is no centralized ownership of private keys. Problem solved.

  4. HeadKoos, 25. November 2018

    CB holding coins without reasons. CB denies withdrawal request. This is giving cryptocurrency a bad name.

  5. jinks99, 28. August 2018

    Be careful with them haven’t received my btc withdrawal for more than a month

  6. Bridgecoin, 25. July 2018

    Fantastic exchange to stake BCO and earn passive income! To the moon!

  7. Frank, 9. July 2018

    This exchange really stinks. The fees for exchange are high and for retirement are not high but ridiculously high. They are thiefs. Avoid using this exchange as much as possible.

  8. Jenson69, 18. June 2018

    Since some week I am not able to access the exchange in crypto-bridge. Some comes I have can only be found on cryptobridge. So I can not exchange it and can not transfer it… How to get the exchange page? THe same problem occurs with their Android app, any help is appreciated

  9. Chris, 13. June 2018

    Lost money twice waiting days for deposits to show in my balance. Stay away from this exchange.

  10. Vladi, 13. June 2018

    Worst support ever, they keep everyone calm on Discord and if you try to talk, one account wil response and shut you down if they dont like you though they took your cash. This is scam for me.
    Every second deposit ges stuck and that means that they transfer cash to some other BTC address and tell thats how it works. as soon as i found this out, that i have no control over my money, though what is a private key anyway, even when you have access, if it goes to theyr wallet… you see, beter use a big exchange who are transparent, or you wil get ripped off ass soon as they get the chance.

    Why they have the right to transfet my cash to an other address. And not showing balance on my site. If you dont recognise this error, noone will tell you until you write the support, where you dont see how many tickets they have solved. And they are like 4k tickets behind out of 23k, so no hope for food this week.

  11. Soylent, 5. June 2018

    Lists DogeCoin as being enabled and happy trading until you send your coins there and find out trading has been disabled. Double dips on high fee’s and no Trans ID when withdrawing. Unresponsive support.Every single time I’ve tried to trade coins on this exchange its been nothing but headaches and lost time and money. The worst exchange I’ve ever used, Steer clear. Scam

  12. schalk, 16. May 2018

    i have a cryptobridge exchange wallet ran as secure as possable and they forfeitted my private acess to my bitcoin storage, and accused me of typing my private key into phishing sites narsisitically and childish monolog, “you gave your private key away, its impossable to hack us” bullshit, either tthey are corrupt or very insecure as trading platform , anyways . someone was able to botnet the account while it was locked by their security. Take a wild risk with these invisables they only allow bitch chat on a messanger and reaccuse the user back like juvenile delinquents. luckilly it was below 13 dollars that i trusted them with. asuitable amount. STAY CLEAR

  13. foobarblah, 13. May 2018

    ICH deposits ARE COMPLETELY BROIEN