I agree, looks suspicious.
Anyone tested?
First time I read about it and since OP mention that they do not have an official announcement here we have something to doubt here, they do have an Steemit channel and I don't know how they accumulate that huge number of telegram followers, I guess they subscribe to those offering subscriptions to increase telegram followers, but I love to hear those who already traded in this exchange.
But other social media does not exist but I am not convinced even though there is a fixed steemit for me this is suspicious and this exchange is always promoted repeatedly on the same telegram channel to conduct arbitration.
BTC and ETH prices are not very reasonable on this exchange. So please be careful not to do that.