When people search for Metal X crypto exchange, a non-existent platform often confused with real exchanges due to misleading ads or scam sites. Also known as MetalX, it’s not listed on any official registry, exchange comparison site, or blockchain database. There’s no website, no team, no whitepaper, and no verified history. Yet it keeps popping up in Google searches, YouTube ads, and Telegram groups—always promising high leverage, zero fees, or instant withdrawals. If you’ve seen it, you’re not alone. Thousands of users get tricked by names like this every month.
What you’re really looking for is a reliable crypto exchange, a platform where you can buy, sell, or trade digital assets with real security and transparent fees. These platforms have public records, customer support, audits, and regulatory compliance—things Metal X never had and never will have. Real exchanges like Echobit, Hermes Protocol, or SyncSwap (Scroll) publish their team names, office locations, and security protocols. They don’t hide behind vague names or fake testimonials. And they don’t disappear overnight after you deposit funds—unlike TOPBTC or EQONEX, which both shut down without warning.
Scammers use names like Metal X because they sound technical, metallic, strong—like something from a sci-fi movie. But in crypto, names don’t equal trust. The real indicators are trading fees, the cost you pay per trade, which varies widely across platforms and can save you hundreds a year, security standards, like MPC-TSS or multisig wallets that protect your assets from hacks, and liquidity, how easily you can buy or sell without slippage. These aren’t marketing buzzwords—they’re measurable facts you can check.
Don’t waste time chasing ghosts. The list below includes real exchange reviews, scam warnings, and fee comparisons—everything you need to pick a platform that actually works. You’ll find deep dives on exchanges that are live right now, ones that got shut down, and others that are dangerously close to failing. Some have 125x leverage. Others have near-zero liquidity. A few even have cashback rewards. But none of them are called Metal X. And you shouldn’t trust any that claim to be.
Metal X was once a regulated U.S. crypto exchange that shut down in 2021. Now revived as a zero-fee DEX on its own Layer 2 chain, it's a unique option for Bitcoin traders who want no KYC and low costs. Here's what you need to know in 2025.