Matecrypt Review: Why it Looks Like a Classic Crypto Scam

In the crypto world, new exchanges pop up every week, all promising to be the next big thing—secure, compliant, and user-friendly. I've spent years watching this space, and I've learned to spot the red flags. Today, we’re putting a platform called Matecrypt under the microscope.

It has the slick website. It has the professional-sounding mission ("to bridge the gap between traditional finance and the digital asset world"). It even has an app.

But when you look closer, even just a little bit, the entire thing unravels. This isn't just a new, struggling exchange. It's a carefully constructed facade designed to lure in victims.

Here’s the breakdown of why you should stay far away from Matecrypt.

1. The "Trusted Exchange" That's Only Months Old

This is the biggest red flag. Matecrypt’s marketing materials claim it was "Founded in 2023." But a simple Whois lookup tells a very different story.

Their main website, matecrypt.com, was registered on April 26, 2025.

Their trading website, matecrypt.co, was registered on May 15, 2025.

We are currently in late 2025. This platform is, at most, six or seven months old. A "trusted, global" financial institution cannot be built in half a year. This is a classic tactic: lie about your history to manufacture a sense of stability.

2. The Deceptive "U.S. Regulation" Claim

This is the most clever part of their trap. If you dig deep, you'll find they are registered in the U.S. with FinCEN as a Money Services Business (MSB). They even have a registration number (31000299626442).

Here’s what they don’t want you to know: An MSB registration is not a financial license.

It is not an endorsement by the U.S. government.

It does not mean your funds are insured or protected.

It does not mean the platform is audited or compliant with financial market laws (like the SEC or CFTC).

An MSB is simply a registry to help prevent money laundering. It’s like registering a business name at city hall—it doesn't mean the business is legitimate or trustworthy. FinCEN itself explicitly states that its registration is not an approval or recommendation.

Matecrypt is using this "MSB" status as a shield to look legitimate. It's a calculated misdirection.

3. The "Global Exchange" with No Users

A global exchange should have thousands, if not millions, of users. It should have a bustling community and massive website traffic.

I ran Matecrypt’s domains through Semrush, a standard traffic analysis tool. The results are damning.

Both matecrypt.com and matecrypt.co receive fewer than 100 visits per month.

This isn't just low; it's a ghost town. It means no one is actually trading. The "real-time trades" you see on their exchange page are almost certainly fake, simulated data running on a loop. The shallow order book and wide price spreads confirm this. It’s a stage, not a trading floor.

4. A Digital Ghost Town: Fake Partners and Dead Socials

To build credibility, new platforms showcase their partners and community. Matecrypt's attempts are almost laughable.

Fake Partners: The bottom of their site features a row of impressive logos: CoinMarketCap, BITKAN, HyperPay, and others. But these are just JPEG images. None of them link anywhere. There is no press release, no joint announcement, and no mention of Matecrypt on any of these actual legitimate companies' websites. It's a "pseudo-cooperation" designed to fool you.

Dead Social Media: Their Twitter, Medium, and YouTube accounts are barren. We're talking a handful of followers, zero real engagement, and content that looks like it was written by a basic AI.

Suspicious Links: This is the most bizarre part. All of their social media profiles link to a strange, unrelated website called maiyigift.com. Why would a "global exchange" send its users to a random gift card site?

The Verdict: It's a Trap

Let's summarize the evidence.

1. They lie about their age (claims 2023, but domains are from mid-2025).
2. They mislead about regulation (using a basic MSB filing as "proof" of legitimacy).
3. They have no users (less than 100 visitors a month).
4. They have no real partners (just stolen logos).
5. Their "community" is a facade (dead accounts linking to a suspicious external site).

Matecrypt is not a real exchange. It is a carefully constructed trap, likely for a "pig-butchering" or "romance" scam, where a scammer builds trust and then directs their victim to this "legit-looking" platform to deposit funds.