Walexer Scam (Confirmed Scam!)

Is Walexer[.]com a scam?

If you’ve come across posts or videos online promoting the crypto exchange platform Walexer[.]com and you’re wondering whether it’s a scam or legit, you’re in the right place! The short answer is Walexer is 100% a scam, but keep on reading for the full scoop. 

Walexer scam site 

Big, bold, bogus claims from the Walexer scam

The Walexer website makes a lot of big claims. The site says that trades made on the platform total $137 million every quarter and that “150+ countries of the world trust and trade” on it. However, for a site that was only registered on the 26th of last month, those stats certainly don’t seem too plausible — even though on its About Us page the site alleges that it’s been around since 2018 (another bogus claim). 


Deceiving videos and deleted posts of Walexer[.]com

For many people, the first time they will hear about Walexer[.]com will be through one of the many deceptive videos posted to TikTok alleging that people can get 0.325 Bitcoin (currently around $9500) for free using a promo code. Of course, the money is not real. The videos are simply designed to drive people to the scam site.

Just a few of the misleading TikTok videos promoting Walexer[.]com
Bogus Walexer[.]com TikTok tutorial video

Additionally, we’ve noticed that posts made to Reddit asking whether Walexer[.]com can be trusted have been deleted/removed by moderators, potentially further adding to many people’s confusion about if it’s legit or not. 

A removed Walexer Reddit post

What the scammers want

As mentioned, Walexer[.]com is a confirmed scam, and any money deposited on the site will go straight into the scammers’ pockets. However, they’re not just after your money — they want your personal info, too. If you were to sign up for the site, all the info you provide when doing so could be sold/leaked by the scammers onto underground hacker forums and/or the dark web. 

How to Avoid Scam Sites for FREE  

The truth is, there are lots of scam sites on the internet and they’re getting even more difficult to detect with common sense alone. For the easiest and most reliable method of detecting and avoiding scam sites, check out Trend Micro Check.   
Trend Micro Check — our 100% FREE browser extension and mobile app — can protect you against scams, fake and malware-infected websites, dangerous emails, phishing links, and lots more! If you come across something dangerous online, you’ll be alerted in real-time so you’ll know to stay well clear.   

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