Crypto Exchange Safety Calculator
Assess the safety of any cryptocurrency exchange based on key criteria like regulatory status, security measures, user reviews, and transparency. Compare your results against mSamex Exchange to understand the risks.
What This Score Means
- High Score (25-27): Extremely secure exchange with multiple layers of protection, regulatory oversight, and community trust.
- Medium Score (15-24): Moderately safe exchange with some security measures but may have limitations or areas for improvement.
- Low Score (0-14): High-risk exchange that lacks basic safety features and transparency. Proceed with extreme caution.
When you're looking for a crypto exchange, you want speed, security, and trust. But what happens when you stumble across an app called mSamex Exchange that promises simple spot trading - but leaves almost no trace online? With only five ratings on the Apple App Store and no mention on CoinGecko or CoinMarketCap, mSamex isn't just obscure - it's a black box.
What Is mSamex Exchange?
mSamex Exchange is a mobile-only cryptocurrency trading app developed by a Turkish company, MESH YAZILIM TEKNOLOJI LIMITED SIRKETI. It’s designed for iOS devices - iPhone, iPad, and Macs with Apple M1 chips or newer. The app is small - just 1.8 MB - and runs on iOS 13.0 or later. There’s no Android version. No web platform. No desktop app. Just a mobile interface. The app claims to offer real-time order books, basic charting tools, and a simple way to buy and sell cryptocurrencies. It says it doesn’t collect any user data. That sounds good on paper. But here’s the catch: there’s zero proof. No audit reports. No security certifications. No public proof of reserves. No details on which coins you can trade. Not even a fee schedule. Compare that to MEXC, Binance, or Coinbase - exchanges that publish their security practices, list hundreds of tokens, show trading volumes, and have millions of users. mSamex doesn’t even come close.How Does It Compare to Established Exchanges?
Let’s put mSamex next to MEXC, one of the larger exchanges it’s often confused with.| Feature | mSamex Exchange | MEXC |
|---|---|---|
| Platform Availability | iOS only | iOS, Android, Web |
| Trading Pairs | Unknown | 2,800+ coins, 900+ futures pairs |
| Trading Volume | No data | Top 15 globally, ~2.3% market share |
| Security Measures | None disclosed | Cold storage, 2FA, AA security rating (86%+) |
| Fees | Not published | 0% maker, 0.2% taker (spot) |
| User Base | 5 App Store ratings | 40+ million users |
| Regulatory Status | Unclear | Offshore license, not FCA-regulated |
| Customer Support | No contact info | Slow responses, mixed reviews |
| Additional Features | Spot trading only | Staking, futures, demo trading, API |
Is mSamex Safe to Use?
Safety in crypto isn’t about how pretty the app looks. It’s about what’s behind the screen. mSamex claims it doesn’t collect your data. That’s a nice marketing line, but it doesn’t mean your funds are safe. If the exchange gets hacked, or the company disappears, your coins are gone - and you have zero recourse. There’s no insurance. No proof of reserves. No history of handling withdrawals. Most reputable exchanges publish regular proof-of-reserves reports. They use cold wallets. They get audited by third parties. Some even carry insurance funds. mSamex does none of this. The App Store listing says nothing about security. No mention of two-factor authentication. No details on how withdrawals work. No minimum deposit amounts. No KYC process. And here’s the kicker: the only user feedback available is five ratings on the App Store. One comment says, “New Logo update, New Coins added, Splash Screen Fix.” That’s it. No one talks about depositing Bitcoin. No one says, “I withdrew 0.5 ETH in 3 hours.” No one warns, “They froze my account.” You can’t assess risk without data. And mSamex gives you none.
Who Is This App For?
Honestly? It’s hard to say who this app is meant for. If you’re a beginner who just wants to buy a little Bitcoin and doesn’t care about security, maybe you’ll download it. But even then, you’re better off using a regulated app like Coinbase or Kraken - ones that have been around for years, have millions of users, and clear terms of service. If you’re a trader looking for low fees or advanced charts, mSamex doesn’t offer anything. No API. No limit orders. No stop-losses. No margin. Just basic spot trading - and you don’t even know which coins are available. The only real advantage? It’s lightweight and iOS-only. If you’re on an older iPhone and want a simple, no-frills app, it might load faster than Binance. But speed doesn’t replace safety.Red Flags You Can’t Ignore
Here’s what’s missing from mSamex - and why it’s a red flag:- No regulatory disclosure: Is it licensed anywhere? We don’t know. Most top exchanges operate under at least one major jurisdiction’s rules. mSamex says nothing.
- No user reviews outside the App Store: No Reddit threads. No Twitter discussions. No Trustpilot page. Zero community presence.
- No documentation: No FAQ. No help center. No knowledge base. Not even a contact email.
- No trading volume or liquidity data: How do you know if your order will fill? You don’t.
- No withdrawal limits or process: Can you pull out your coins? How long does it take? Is there a fee? Unclear.
- No developer transparency: MESH YAZILIM TEKNOLOJI LIMITED SIRKETI is a small Turkish tech firm. No LinkedIn. No press releases. No history.
What Should You Do Instead?
If you want a mobile crypto app that’s actually safe and reliable, here are better options:- Coinbase: Easy to use, regulated in the U.S., EU, and UK. Good for beginners.
- Kraken: Strong security, low fees, supports 200+ coins. Good for intermediate users.
- MEXC: Huge selection of coins, staking, futures. Not regulated, but transparent about it.
- Bybit: Great for traders, strong mobile app, clear fee structure.
Final Verdict: Avoid Unless You’re Willing to Risk It All
mSamex Exchange isn’t a scam - not yet. But it’s not a real exchange either. It’s a mobile app with no track record, no transparency, and no safety net. In a market where exchanges have been hacked for billions of dollars, you don’t want to gamble your crypto on an app that won’t tell you how it works. If you’re tempted by its simplicity, remember: the cheapest thing you can buy in crypto isn’t the lowest fee - it’s peace of mind. Stick with platforms that have proven themselves. Skip the mystery apps.Is mSamex Exchange a scam?
There’s no proof mSamex is a scam - but there’s also no proof it’s trustworthy. It lacks transparency, regulatory disclosure, security documentation, and user feedback. That makes it high-risk. In crypto, absence of evidence isn’t just a red flag - it’s a warning sign.
Can I withdraw my crypto from mSamex?
There’s no public information about withdrawal processes, limits, or fees. No user reports confirm whether withdrawals work. Without this basic info, you can’t assume your funds are accessible. Treat it as a potential loss until proven otherwise.
Does mSamex support Bitcoin and Ethereum?
The app claims to support spot trading, but it doesn’t list which cryptocurrencies are available. No official documentation, no trading pairs, no coin list. You’d have to download the app and find out - which is not a safe way to invest.
Is mSamex available on Android?
No. mSamex is only available on iOS devices - iPhones, iPads, and Macs with Apple M1 chips. There is no Android version, and no web platform. This limits its accessibility and suggests it’s not built for scale.
Why doesn’t mSamex appear on CoinGecko or CoinMarketCap?
CoinGecko and CoinMarketCap only list exchanges with verifiable trading volume, liquidity, and transparency. mSamex provides none of these. Without public data on trading pairs, volume, or security, it doesn’t meet their listing criteria - which is a major red flag for any serious user.
Are there any fees on mSamex?
The app doesn’t publish any fee structure. No maker/taker fees. No deposit or withdrawal fees. No network fee info. This lack of transparency makes it impossible to calculate trading costs - a critical detail for any exchange.
Should I use mSamex for long-term holding?
No. For holding crypto, use a hardware wallet or a trusted exchange with strong security and insurance. mSamex offers no proof of reserves, no cold storage confirmation, and no insurance. Keeping funds on this platform is like leaving cash in a locked box with no key - you don’t know if you’ll ever get it back.
Just downloaded it because it’s tiny and thought wow no bloat
That’s the exact same logic that got people to buy Bitcoin from a guy on Craigslist named ‘CryptoKing’
Speed doesn’t replace safety. It just makes the crash faster.
Oh wow a crypto app with no KYC and no proof of reserves? Groundbreaking. Next they’ll invent a toaster that doesn’t tell you how hot the coils are.
I can feel the existential dread of this app like a cold hand on my neck…
What if… what if my BTC just… vanishes… into the void… like a whisper in a hurricane…
You know what this reminds me of? The simulation hypothesis
What if the entire crypto space is just a test run by some higher intelligence to see how fast humans will trust invisible money with no paper trail?
mSamex is just the most honest version of it - it doesn’t pretend to be anything but a black box
Maybe we’re all just data points in a cosmic experiment and this app is the ultimate mirror - reflecting our desperation for simplicity over security
It’s not a scam it’s a philosophical statement
And I’m not saying I’d use it… but I kinda respect the audacity
Like a monk who owns nothing except a wooden spoon and a dream
I’ve been using it for two weeks now
It’s weirdly smooth and the UI is calming
But I have no idea if my ETH is still there
I checked the balance twice and it looked right
Then I tried to withdraw and the button was grayed out
Didn’t get an error message just… nothing
Now I’m just staring at my phone wondering if I’m the only one who noticed
Or if everyone else is just quietly panicking too
The absence of regulatory disclosure isn't an oversight - it's a deliberate design choice to exploit cognitive dissonance in retail investors.
When transparency is omitted, the mind fills the void with false confidence.
This is not negligence. It's behavioral engineering.
And it works - because most people don't know what they're looking for until it's gone.
Man I get it - sometimes you just want a simple app without all the noise
But dude… if you can’t even find out what coins you’re trading… that’s not simple
That’s like buying a car and not being told if it runs on gas or magic