Hey everyone,
I’m here to expose an exchange, FixedFloat or ff.io that claims to be all about quick, secure, and anonymous transactions, but has proven to be nothing more than a scam. If you value your money and trustworthiness in your crypto exchanges, you need to STAY AWAY from this platform. Here's my story:
The Setup: A "No-Registration, Instant Exchange" Promise
I decided to give this exchange a shot after seeing their bold claim on their website:
"No registration, no need to share your personal details. We don't hold your funds, all exchanges take place instantly in fully automatic mode."
Sounds perfect, right? No paperwork, no personal data sharing, just quick and seamless crypto transactions. So, I deposited my BTC (from my wallet) — a 3K$ deposit — and everything went smoothly. No issues, no delays. The exchange processed my BTC, and within minutes, I received my USDT. Everything seemed great so far, right?
The Red Flags Begin: The Second Transaction
Feeling confident in their service, I decided to do another transaction, this time for 4K$ worth of BTC — exactly the same UTXO address as the first one. Here’s where the nightmare begins.
After 10 minutes, the exchange froze my funds. No reason given. I reached out to their support, and after the typical "for security purposes" nonsense, they started demanding KYC documents.
But here’s the kicker: I had already explained to them exactly how I acquired the coins via the Exch. I provided clear information on-chain on where the funds came from, and still, they refused to release my 4K$ worth of BTC.
The Lies and Deception
Their support team responded slowly, almost as if they were purposefully delaying things. They would only reply once a day, dragging out the process. Each response was a generic "for security purposes" message with no real explanation or action taken.
They kept telling me that my BTC address was now “high-risk”, but here's the most ridiculous part: They let me complete the first 3K$ transaction with NO issue, then froze the second one from the same exact address! How can my address go from “safe” to “high-risk” in just 10 minutes?
And let’s not forget their hypocritical claims. "We don’t hold your funds," they say. Well, it seems they do hold your funds, at least long enough to prevent you from getting them back when they feel like it.
The Tactics of Deception: A Delay Strategy?
The real truth behind all of this is that they are deliberately stalling. They know that most people will eventually give up after weeks of back-and-forth and endless delays. These exchanges thrive on the fact that many customers don't have the time, resources, or patience to escalate matters and fight back.
It’s beyond frustrating. After weeks of them ignoring my requests, I feel like I'm being scammed, pure and simple. Not only have they frozen my funds without reason, but they continue to lie about “security” and use KYC as a tactic to drag things out.
Why This Is a Scam
Misleading Marketing: The exchange's advertising is a lie. They claim "no registration," yet they're demanding KYC documents for a legitimate transaction.
False Claims: They boast that all transactions are “instant,” but they froze my funds for no reason.
Unprofessional Support: Slow responses, lack of transparency, and no clear reasoning behind their actions.
Unfairly High-Risk Labelling: My BTC address was labeled as "high-risk" after one transaction went through just fine.
Stalling Tactics: They take days to respond, leaving you in limbo, hoping you’ll just give up.
Conclusion: Protect Yourself!
I can’t emphasize this enough: DO NOT TRUST THIS EXCHANGE. Their system is designed to deceive you, freeze your funds, and waste your time. If they can’t offer transparency, professionalism, or consistency in their service, they should not be trusted with your crypto.
Please share this post far and wide so others aren’t caught in the same trap. I am going to continue escalating this and taking further action, but until then, I want to warn everyone about this fraudulent exchange.
Stay safe and always do your due diligence!
