Cryptocurrency Exchanges

Web3 (Imposter)

1.2 (15 reviews)
🇳🇿 New Zealand
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1.2
15 reviews
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About Web3 (Imposter)

Web3 (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Wish zero stars was an option

H
Hannah K.
1 weeks ago

The platform itself is okay, but the customer service at Web3 (Imposter) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.

Pros: Multi-device support|Stable platform

Cons: Minimum deposit could be lower|Desktop app not available on Linux

Nothing works as advertised

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Trevor G.
1 months ago

I opened an account with Web3 (Imposter) for about eight months ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Regular platform improvements|Personal attention

Cons: Cannot customize dashboard fully|Some tools only available on higher tiers

Lost my investment - DO NOT TRUST

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Sophia E.
1 months ago

I invested $2,000 with Web3 (Imposter) after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.

Cons: No regulatory oversight|Money disappeared|Fake testimonials

They need a complete overhaul

I
Isaac I.
1 months ago

Web3 (Imposter) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: Two-factor authentication|Low minimum deposit

Cons: Help articles are sometimes vague

Save yourself the trouble

R
Ryan I.
3 months ago

Web3 (Imposter) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Great customer service|API access|Smooth onboarding|Quick verification

Cons: Some tools only available on higher tiers|Website design could be more modern

Regulator has warned about them

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Christopher I.
3 months ago

The platform at Web3 (Imposter) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since I retired last year of dealing with this, I have had enough.

Pros: Smooth onboarding|Stable platform|Easy to use platform

Cons: Search feature is basic|Wish they had more educational resources

My worst experience with a financial platform

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Tyler L.
3 months ago

Web3 (Imposter) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Tax reports included|Transparent fees

Cons: None so far

Education is just sales pitch

K
Kimberly R.
4 months ago

After for close to eighteen months with Web3 (Imposter) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.

Pros: Two-factor authentication|Segregated accounts|Personal attention

Cons: Website design could be more modern

How are they still in business

C
Christina B.
5 months ago

Do not use Web3 (Imposter) for anything serious. I used them for just over a year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.

Pros: Educational resources|Dividend tracking|Fast deposits

Cons: Limited social trading features

They are hiding something

L
Leo X.
7 months ago

I had a dispute with Web3 (Imposter) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Competitive fees|Instant funding

Cons: Research section could be deeper