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Is CBEX Paying Nigerians $1000 Monthly Or Another Scam?

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The CBEX platform known for crypto trading has garnered significant attention in Nigeria and beyond.. 

CBEX has positioned itself as a promising avenue for crypto investment and a platform to make money in Nigeria. 

As the digital economy continues to evolve, many Nigerians are exploring platforms that allow them to earn in dollars online, and CBEX has emerged as a notable contender in this space. 

This comprehensive review delves into the CBEX trading platform, examining its operations, legitimacy, and potential as a crypto investment opportunity.​

 

What is CBEX Trading Platform About?

CBEX, short for China Beijing Equity Exchange, is a digital asset trading platform that claims to offer users the opportunity to trade various cryptocurrencies and earn substantial returns. 

The platform has been particularly active in Nigeria for a while now marketing itself as a reliable avenue for individuals seeking to earn in dollars online through crypto investment.

The CBEX platform operates by allowing users to register, deposit funds, and engage in crypto trading activities. 

It boasts features such as AI-driven trading algorithms, promising high returns on investments. 

However, it’s essential to note that while the platform presents itself as a legitimate trading avenue, there have been concerns raised about its operations and the authenticity of its claims.​

One of the primary attractions of the CBEX platform in Nigeria is its promise of high returns, with some users reporting significant profits in a short period. 

This has led to a surge in its popularity among Nigerians looking for platforms to make money online in Nigeria. 

However, the platform’s operations have also been met with skepticism, with some users questioning its legitimacy and comparing it to previous platforms that turned out to be scams.​

It’s crucial for potential investors to approach the CBEX trading platform with caution, conducting thorough research and understanding the risks involved in crypto investment. 

While the platform offers the allure of earning in dollars online, the volatile nature of the crypto market and the lack of transparency in CBEX’s operations warrant careful consideration.​

 

Is CBEX Trading Platform Legit or Scam?

CBEX platform

The legitimacy of the CBEX trading platform has been a topic of debate among users and industry observers. 

While the platform presents itself as a credible crypto investment avenue, several red flags have raised concerns about its authenticity.​

One significant point of contention is the platform’s registration details.

Unlike the ADK platform which has a strong verification process and a solid background..

CBEX claims to have been in operation for several years, investigations reveal that the website was registered in 2024, contradicting its claims of long-standing operations. 

This discrepancy has led to skepticism about the platform’s transparency and trustworthiness.​

Moreover, the CBEX platform has faced criticism for its lack of regulatory oversight.

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Unlike established crypto exchanges that are registered and regulated by financial authorities, CBEX does not appear to have any verifiable licenses or certifications.

This absence of regulatory approval raises questions about the platform’s compliance with financial regulations and its commitment to protecting users’ investments.​

Adding to the concerns are reports of withdrawal delays and unresponsive customer support. 

Users have reported difficulties in accessing their funds, with some alleging that the platform has halted withdrawals altogether. 

These issues have led to comparisons with previous platforms like MTFE, which promised high returns but ultimately collapsed, leaving investors with significant losses. ​

Given these factors, it’s imperative for potential investors to exercise caution when considering the CBEX trading platform. 

While the allure of high returns and the opportunity to earn in dollars online is enticing, the risks associated with unregulated platforms cannot be overstated. 

Conducting thorough due diligence and seeking advice from financial experts can help mitigate potential losses.​

 

Have CBEX Trading Platform Crashed?

According to punch.ng on wednesday the 11th of April 2025, there was a lot of panic on social media following concerns about the operations of CBEX. 

The CBEX platform was trending on social media and was said to crash as a lot of users report withdrawal delays.

This drove fear in to the heart of the platform users, however there’s no concrete evidence to confirm that CBEX trading platform crashed 

 

How Does CBEX Trading Platform Work? 

The CBEX platform operates by allowing users to engage in crypto trading activities through its online interface. 

Users can register on the platform, deposit funds, and participate in trading various cryptocurrencies. 

The platform claims to utilize advanced algorithms and AI-driven strategies to maximize returns on investments.​

Once registered, users can access a dashboard that provides real-time market data, trading options, and account management tools. 

The platform offers various trading pairs, enabling users to buy and sell cryptocurrencies based on market trends.

Additionally, CBEX provides educational resources and tutorials to assist users in understanding the trading process.​

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However, it’s important to note that while the platform offers these features, the lack of regulatory oversight and transparency raises concerns about the safety and security of users’ funds. 

Potential investors should be aware of the risks involved and consider these factors before engaging in trading activities on the CBEX platform.​

 

How to Register on CBEX Platform? 

Registering on the CBEX platform involves a straightforward process:​

  1. Visit the Official Website: Navigate to the CBEX platform’s official website.​
  2. Click on the Registration Button: Locate and click on the ‘Register’ or ‘Sign Up’ button on the homepage.​
  3. Fill in Personal Details: Provide the required information, including your name, email address, and phone number.​
  4. Create a Password: Choose a strong password to secure your account.​
  5. Agree to Terms and Conditions: Read and accept the platform’s terms and conditions.​
  6. Submit Registration: Click on the ‘Submit’ or ‘Register’ button to complete the process.​
  7. Verify Email: Check your email for a verification link and click on it to activate your account.​

After completing these steps, you can log in to your CBEX account and begin exploring the platform’s features.​

 

How to Deposit on CBEX Platform? 

To deposit funds into your CBEX account:​

  1. Log In to Your Account: Access your CBEX account using your registered email and password.​
  2. Navigate to the Deposit Section: Click on the ‘Deposit’ or ‘Funds’ tab in your dashboard.​
  3. Select Deposit Method: Choose the available deposit method. Just like in the Zmex platform, the CBEX platform accepts USDT (Tether) deposits, which is common with many high-risk platforms.
  4. Copy the Wallet Address:
    If you’re depositing via crypto, the platform will display a wallet address. Copy it carefully.
  5. Transfer the Funds:
    Go to your crypto wallet or exchange (like Binance), paste the copied wallet address, and send the funds.
  6. Confirm the Transaction:
    After the transaction is initiated, return to the CBEX platform and wait for confirmation.
    Crypto transfers may take a few minutes, depending on network congestion.
  7. Check Your Balance:
    Once the deposit is confirmed, your CBEX account balance should reflect the new funds.

👉 Important Note: Always double-check the wallet address before sending any crypto. 

One wrong character and your funds could be gone forever.

Also, remember, the CBEX platform is not regulated, so if anything goes wrong, there’s little to no official help or recovery mechanism.

 

How to Withdraw on CBEX Platform? 

Withdrawing funds on the CBEX platform is supposedly simple process, here’s how it works:

  1. Login to Your CBEX Account:
    Use your credentials to access your dashboard.
  2. Go to the Withdrawal Section:
    Click on ‘Withdraw’ or any button that leads to the withdrawal interface.
  3. Enter Withdrawal Details:
    Provide the withdrawal method, wallet address (for crypto)
  4. Input Amount:
    Type in the amount you wish to withdraw. Be aware of minimum withdrawal limits and CBEX transaction fees.
  5. Submit Request:
    Click on ‘Submit’ or ‘Request Withdrawal.’ You might receive a one-time password (OTP) or confirmation link.
  6. Wait for Processing:
    This is where things get dicey. Many CBEX platform users have complained of withdrawals pending indefinitely.
  7. Check Your Wallet:
    If the withdrawal is successful, the funds should land in your wallet. If not! Well, this is often the point where victims start realizing something is wrong.

🙅‍♂️ A word of caution:
Several users across different forums and review sites allege that most ponzi sites use delays and excuses to avoid paying out large amounts.

However, if you’re interested in joining a platform like CBEX, always start with a small deposit before trusting the CBEX platform with significant funds.

 

How To Make Money On CBEX Platform

The CBEX trading platform markets itself as a smart way to earn in dollars online, especially to Nigerians who are looking for financial freedom through crypto. 

Here are the core ways it claims users can earn:

1. AI Crypto Trading

The CBEX platform promises to use AI-powered bots that claim to guarantee up to 99.9% trading accuracy.

This type of claim is extremely unrealistic and almost always associated with platforms that collapse later.

No legitimate trading platform can promise guaranteed profits.

Despite the suspicious promise, users are encouraged to fund their wallets and let the AI bot “trade” on their behalf, supposedly growing their balance daily.

2. Referral Program / Network Marketing

Like many high-risk platforms, the CBEX trading platform offers big commissions for referring others.

  • You get paid for everyone you invite.
  • You earn extra when your referrals bring others.
  • Commissions increase the more people are under you, typically a pyramid structure.

Unfortunately, this model is not sustainable long-term and mirrors what led to the collapse of similar platforms like MTFE and Forsage.

3. Daily ROI

The platform boasts a fixed return on investment, some say up to 15% daily on deposits, though you can correct me in the comment section. 

Now let’s break this down:

  • A 15% daily return means your money supposedly doubles in under a week.
  • If such a model was sustainable, the owners would be richer than Elon Musk, yet there’s no verifiable proof of ownership or financial statements.

So why do many Nigerians still fall for platforms like this?

Because of early payout tactics.

In the first few weeks, some users really do get paid and then they post “proof” online.

This triggers more signups and more deposits, allowing the platform to stay alive… temporarily.

 

CBEX Platform Review in Nigeria – Conclusion

CBEX trading platform

Let’s break down the realistic CBEX platform review based on evidence, experience, and comparisons with similar schemes.

Nigeria is a growing hub for crypto investment and tech-savvy individuals.

But with that growth comes exposure to shady platforms masking themselves as legit trading avenues.

🚩 Red Flags Found with CBEX Platform:

  • Website was only registered in 2024, yet claims to be operating in 130 countries.
  • Claims to be a licensed Forex broker in the US, South Korea, and Hong Kong, yet no verifiable license can be found.
  • Promises of 99.9% win rate in trading, which is literally impossible.
  • Similarities with MTFE, a proven scam that wiped out funds of thousands in Nigeria and Asia.
  • Lack of customer support or transparency around the team behind CBEX platform.

🎯 So, is CBEX Trading Platform legit?

If we’re being brutally honest: Very unlikely.

The CBEX trading platform is showing almost all the classic signs of a Ponzi scheme dressed up with crypto lingo.

The truth is, if something sounds too good to be true, it probably is.

And that’s exactly what we’re dealing with here.

CBEX Platform Summary

  • Platform Name: CBEX (cbex.cx)
  • Focus: Crypto trading, AI investing, referral marketing
  • Target Audience: People interested to earn in foreign currencies
  • Launch Year: Registered in 2024
  • App Availability: Not on Google Playstore or AppStore; download from site
  • License/Regulation: None found
  • Major Concern: High chance of being a Ponzi scheme
  • User Experience: Good looking website design with modern UX
  • Verdict: Not recommended 

Looking for Other Ways to Make Money Online in Nigeria?

If you’re still skeptical about Adlink or simply want to diversify your sources of dollar income, here are some other options you might explore:

✍️ Have you had any experience with the CBEX trading platform?

Kindly drop your comment below. 

Your story might help someone else make the best financial decision

 

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Ani David

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This Post Has One Comment

  1. Ava Thompson

    “Warning: This website is a scam! Deposits are easy, but withdrawals are impossible. I’ve been trying to recover my funds for over a week, but my requests are consistently denied. The ‘financial manager’ turned hostile and abusive when I wouldn’t comply. Don’t trust them! Many online reviews seem fake.

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