SCAM DO NOT TRADE WITH THEM
Beware traders, this is not a legitimate CEX. Do not fall for the scam by trading BNB. You will not get your money back once they freeze your account.
Lynubit is a cryptocurrency exchange platform that facilitates the trading of digital assets. The platform appears to offer users the ability to buy, sell, and exchange various cryptocurrencies through its web-based interface. As a crypto exchange service, it likely provides market data, trading tools, and account management features for cryptocurrency transactions.
Lynubit presents a mixed picture for users, with nearly half of the reviews highlighting serious concerns. Many reviewers label the platform a scam, claiming that accounts are frozen after initial deposits, making it impossible to withdraw funds.
Complaints about customer support are prevalent, with users reporting long wait times and unresponsive service when issues arise. Conversely, some customers praise Lynubit for its user-friendly interface, low commission fees, and fast transaction speeds, describing it as a reliable platform for cryptocurrency trading. Positive experiences emphasize the automated exchange system and the convenience of buying crypto directly on the site. Despite the positive feedback, the overwhelming number of scam allegations raises significant red flags.
Summary generated with AI from recent reviews
Each source counts by its number of reviews. Only reviews written by people are scored.
| Source | Rating | Reviews | Weight | 6-mo | Fake risk |
|---|---|---|---|---|---|
Trustpilot Imported Trustpilot reviews | 3.1 | 19 | 100% | ● Low |
Monthly average rating from reviews written by people · latest review Jan 2025.
| Month | Average | Reviews |
|---|---|---|
| Nov 24 | 4.1 | 13 |
| Dec 24 | 1.0 | 5 |
| Jan 25 | 1.0 | 1 |
Share of positive (4–5★) and negative (1–2★) reviews mentioning each topic · based on the 19 most recent reviews.
“Lynubit has become my go-to for all things crypto”
“Do not fall for the scam by trading BNB”
Same method for every company: overall rating, legitimacy checks, the average rating of reviews mentioning each area and the 6-month trend · Web3 & Cryptocurrency.
| Company | Overall | Legit | Service | Website & app | Value | Trend | Reviews |
|---|---|---|---|---|---|---|---|
| 3.1 out of 5 (fair) | 50 out of 100 | 4.6 out of 5 (good) | 3.2 out of 5 (fair) | 5.0 out of 5 (good) | — | 19 | |
| 1.5 out of 5 (poor) | 100 out of 100 | 1.2 out of 5 (poor) | 1.8 out of 5 (poor) | 1.7 out of 5 (poor) | — | 62 | |
| 4.6 out of 5 (good) | 100 out of 100 | 4.3 out of 5 (good) | 4.3 out of 5 (good) | — | — | 25 | |
| 3.4 out of 5 (fair) | 100 out of 100 | — | — | — | — | 20 | |
| 5.0 out of 5 (good) | 50 out of 100 | — | — | — | — | 6 |
Bottom line: Lynubit|Crypto Exchange is #4 of 5 on overall rating in this group. On website & app, Kolo scores higher (4.3 vs 3.2).
19 reviews of Lynubit|Crypto Exchange. Filter by what matters to you.
Beware traders, this is not a legitimate CEX. Do not fall for the scam by trading BNB. You will not get your money back once they freeze your account.
Everything is fake please it’s request don’t loose ur usdt or any money . They will let u withdraw 2-3 transactions and they freeze ur account and ask more usdt to open account. Please don’t
This is crypto scam operation and the scammer is using this website https://lynubit[.]com as lure They act as a legit crypto exchange, they let the victim perform a couple of small transactions and withdrawals first with no issues, then they freeze their account and show a fake message saying "Your account is frozen due to abuse" Apparently this happened to be a known scam operation but the website was never taken down by the government or by cloudflare (where the malicious website is hosted), there is a detailed blog post about it online, just google "LYNUBIT Crypto Scam"
Quick answers to the questions people ask most.
Lynubit supports trading of major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and various altcoins. The full list of supported assets can be found on our trading platform and is regularly updated as new cryptocurrencies are added.
To create an account, visit our website and click 'Sign Up.' You'll need to provide a valid email address, create a secure password, and complete identity verification (KYC) to start trading.
Trading fees vary based on your trading volume and account tier. Maker fees typically range from 0.1% to 0.25%, while taker fees range from 0.15% to 0.35%. Volume-based discounts are available for high-frequency traders.
Withdrawal processing times depend on the specific cryptocurrency and network conditions. Most withdrawals are processed within 15-30 minutes, though some networks may take longer during periods of high congestion.
Lynubit employs industry-standard security measures including cold storage for the majority of funds, two-factor authentication (2FA), and regular security audits. However, we always recommend using additional security features and considering hardware wallets for long-term storage.
Our customer support team is available 24/7 through live chat and email support. Response times are typically within 1-4 hours, with priority support available for verified premium users.
Yes, identity verification is required for all users to comply with regulatory requirements. Basic verification allows limited trading, while full verification unlocks higher withdrawal limits and additional features.
Anyone can write a CrowdTrust review. People who write reviews have ownership to edit or delete them at any time, and they'll be displayed as long as an account is active.
Polarized pattern: few middle ratings. 53% of recent reviews are 4–5★ and 47% are 1–2★.
Scam, dont go on. They try to steal your crypto by forcing you to pay. The freeze the wallet until you pay. When you pay they delet your account. BIG SCAM
I sent $50 dollars of btc here from Binance. But the wallet says 0. The customer support chat says they are available 24/7. But it’s been 4 days I’ve been messaging them regularly, but there has been no reply from them. Secondly when I looked into it, it’s a scam where you deposit your money and to withdraw they ask you to deposit more money and so you end up losing more money then you initially deposited. There is a few handful of accounts on instagram which are promoting this app. They put the same posts again and again. No difference in any of their videos. It’s just like a paid campaign to scam people. DONT PUT MONEY IN IT
Lynubit like a trapz, first they greed you to deposit your money on their poor site, when you deposit money they disable withdraw option, they trap my 200$ and I can't withdraw them please help me
Son unos delincuentes que roban usdt
Lynubit serves users in many countries worldwide, but availability varies by jurisdiction due to local regulations. Please check our supported countries list or contact support to confirm if our services are available in your region.
You can reach our support team through the live chat feature on our website, by submitting a support ticket through your account dashboard, or by emailing support@lynubit.com. Include your account details for faster assistance.
Lynubit accepts cryptocurrency deposits for all supported coins, as well as bank transfers and credit/debit card payments in select regions. Available payment methods may vary based on your location and account verification level.
Lynubit is a cryptocurrency exchange platform that facilitates the trading of digital assets. The platform appears to offer users the ability to buy, sell, and exchange various cryptocurrencies through its web-based interface. As a crypto exchange service, it likely provides market data, trading tools, and account management features for cryptocurrency transactions.
This profile hasn't been claimed by the business owner.