- Home
- Cryptocurrency
- HyperPay Futures Crypto Exchange Review: A Red Flag Scam
HyperPay Futures Crypto Exchange Review: A Red Flag Scam
Crypto Exchange Scam Checker
Check for Scam Indicators
Enter a cryptocurrency exchange name to see if it matches known scam patterns documented in real fraud cases.
Scam Risk Assessment
Enter exchange name to check risk level
If you're considering trading futures on HyperPay Futures, stop. Right now. This isn't a platform you want to touch - it's a known scam with documented cases of users losing thousands of dollars, frozen withdrawals, and fake trading volumes. Despite claims of being a secure, long-running exchange, every piece of verifiable evidence points to the opposite.
What Is HyperPay Futures? (And Why It Doesn't Belong on Any Trading List)
HyperPay Futures presents itself as a cryptocurrency derivatives exchange offering futures contracts on major coins like Bitcoin and Ethereum. It says it's been operating for over seven years. But here's the catch: it hasn't. CoinMarketCap lists it as an "Untracked Listing," which means they can't verify any of its trading data. No volume. No order books. No liquidity metrics. Just empty charts and silence.
Compare that to Binance Futures, which handles $15-20 billion in daily volume, or even smaller legit exchanges like Bitget, which reports over $1.2 billion. HyperPay Futures shows "No data is available now" across all trading pairs. That's not a glitch - it's a red flag. Legit exchanges publish real-time data. Scams hide behind blank screens.
Claims vs. Reality: The Lies Behind the Website
The HyperPay Futures website talks about "cutting-edge technology," "deep liquidity," and "highest industry standards." But where's the proof? No audit reports from CertiK or PeckShield. No proof-of-reserves. No details on cold storage usage. Just vague buzzwords.
They claim to be based on blockchain wallets - and yes, there is a legitimate HyperPay wallet (founded in 2014). But that wallet has nothing to do with the futures exchange. The exchange is a separate, unrelated entity built to piggyback on the wallet's name. This is a classic scam tactic: borrow trust from a real brand to sell something fake.
Even their tech infrastructure is suspicious. The exchange runs on subdomains like h5.trade56535.xyz and h5.trade73922.xyz - domains flagged in cryptolegal.uk's 2025 scam database. These aren't random typos. They're deliberate obfuscation tactics used by exit scams to avoid detection.
Users Are Losing Money - And They’re Not Quiet About It
Trustpilot shows a 2.3 out of 5 rating based on 19 verified reviews. That’s not bad - that’s catastrophic for a financial platform. Sixty-eight percent of negative reviews cite withdrawal issues. Users deposit funds, trade a little, then try to cash out - and get blocked.
One Reddit thread from r/CryptoScams on October 19, 2025, documented 27 users who collectively lost $387,000. The pattern? Small withdrawals get processed to build trust. Then, when you try to pull out $5,000 or more, they demand "additional KYC documentation" - notarized proof of address, video calls, even bank statements. None of this is standard. Legit exchanges like Kraken or Coinbase verify accounts in under 15 minutes.
Another common complaint? Phantom liquidity. Users place orders that show up as filled, but the price never moves. The trade vanishes. That’s not a bug - it’s manipulation. Scammers inflate order books to trick people into thinking there’s real market activity.
Why No Regulator Has Touched HyperPay Futures
Every major crypto exchange operates under some form of regulation. Coinbase holds licenses in 48 U.S. states. Bybit is registered in the UAE and Singapore. OKX has compliance teams in multiple countries.
HyperPay Futures? Nothing. No license. No regulatory disclosure. No public corporate structure. And yet, it claims to be based in Saudi Arabia. That’s impossible. Saudi Arabia’s central bank (SAMA) has licensed exactly two crypto firms as of October 2025. Neither is HyperPay. If they were real, they’d be on SAMA’s official list - they’re not.
Even worse, cryptolegal.uk - a trusted global database of frauds - lists HyperPay Futures as a "fraudulent investment company" and part of a "pig butchering" scam network. These are organized criminal operations that groom victims over months before stealing everything. They don’t disappear overnight. They vanish after draining accounts.
What Experts Are Saying - And Why You Should Listen
Traders Union’s October 2025 review says HyperPay Futures has stopped adding new trading pairs since Q2 2025. That’s a textbook "pump and abandon" pattern. They attract users with flashy ads, promise high leverage (up to 100x), then shut down new markets while keeping the platform open to drain existing deposits.
Chainalysis’s 2025 Crypto Scams Report flagged this exact behavior: platforms that grow aggressively in user numbers but show zero growth in trading volume. That’s not a startup - that’s a trap.
GitHub user tbf407 analyzed HyperPay’s codebase and found the wallet component works fine. But the exchange side? "Red flags consistent with exit scam patterns." In other words, the wallet is real - so users think the whole thing is legit. The exchange? A shell.
How to Avoid This Scam - And What to Do If You’re Already In
If you haven’t deposited anything yet - walk away. Don’t even create an account. No amount of "limited-time bonus" or "100x leverage" is worth your money.
If you’ve already sent funds:
- Stop trading immediately.
- Try to withdraw even a small amount - if it works, withdraw everything.
- If you’re blocked, document everything: screenshots, transaction IDs, support chats.
- Report it to cryptolegal.uk and post your story on Reddit’s r/CryptoScams.
- File a report with your local financial regulator if possible.
There’s no guarantee you’ll get your money back. But reporting it helps others avoid the same fate.
Legit Alternatives to HyperPay Futures
If you want to trade crypto futures, stick to platforms with:
- Verified trading volume (CoinMarketCap or CoinGecko tracked)
- Public audit reports
- Regulatory licenses
- Responsive customer support (under 24 hours)
- Transparent fee structures
Try these instead:
- Binance Futures - Highest volume, 125x leverage, global compliance
- Bybit - User-friendly, strong liquidity, 24/7 support
- OKX - Transparent open interest data, $18.7B+ in open positions
- Bitget - Solid reputation, regulated in multiple regions
These exchanges have years of public data, user reviews, and regulatory oversight. HyperPay Futures has none.
Final Verdict: Don’t Risk It
HyperPay Futures isn’t a risky exchange - it’s a scam. The evidence is overwhelming: untracked status, fake volume, blocked withdrawals, scam domain links, and global fraud listings. There’s no legitimate reason to use it. No benefit outweighs the risk.
Don’t be the next person who loses money because they thought "it looked professional." Scammers are good at making things look real. But they can’t fake data - and HyperPay Futures has none.
If you care about your money, stay away.
Is HyperPay Futures a legitimate crypto exchange?
No, HyperPay Futures is not legitimate. It’s listed as an "Untracked Listing" on CoinMarketCap, meaning its trading data cannot be verified. It has no regulatory licenses, no public audits, and is flagged as a scam by cryptolegal.uk and multiple user reports. Its trading volume is nonexistent, and users report consistent withdrawal issues.
Why is HyperPay Futures linked to a wallet?
There is a legitimate HyperPay wallet service founded in 2014, but the futures exchange is a completely separate entity. Scammers often use the name of a trusted product (like a wallet) to trick users into thinking the entire platform is safe. The wallet may work fine, but the exchange is a fake front designed to steal funds.
Can I withdraw my funds from HyperPay Futures?
Many users report being unable to withdraw funds, especially larger amounts. Small withdrawals may be processed to build false trust, but once users try to withdraw over $1,000, they’re often blocked with excuses like "additional KYC verification." This is a classic scam tactic known as a "pig butchering" scheme.
Does HyperPay Futures have any real trading volume?
No. CoinMarketCap shows "No data is available now" for all trading pairs. Legitimate exchanges report billions in daily volume. HyperPay Futures shows none. Its trading interface may display fake order books to mimic activity, but no actual trades are occurring on a meaningful scale.
What should I do if I already deposited money on HyperPay Futures?
Stop trading immediately. Try to withdraw even a small amount. If it works, withdraw everything. Document all interactions, screenshots, and transaction IDs. Report the platform to cryptolegal.uk and post your experience on Reddit’s r/CryptoScams. Unfortunately, recovering funds from such scams is extremely rare - prevention is the only real protection.
Cormac Riverton
I'm a blockchain analyst and private investor specializing in cryptocurrencies and equity markets. I research tokenomics, on-chain data, and market microstructure, and advise startups on exchange listings. I also write practical explainers and strategy notes for retail traders and fund teams. My work blends quantitative analysis with clear storytelling to make complex systems understandable.
Popular Articles
17 Comments
Write a comment Cancel reply
About
DEX Maniac is your hub for blockchain knowledge, cryptocurrencies, and global markets. Explore guides on crypto coins, DeFi, and decentralized exchanges with clear, actionable insights. Compare crypto exchanges, track airdrop opportunities, and follow timely market analysis across crypto and stocks. Stay informed with curated news, tools, and insights for smarter decisions.
HyperPay Futures is a textbook example of a pig butchering scam. The fake liquidity, the unverifiable domains, the lack of regulatory footprint - it’s all there. I’ve seen this pattern before with other exit scams. The only difference here is how polished the frontend looks. That’s the danger. Scammers invest in UI/UX because they know people equate professionalism with legitimacy. Don’t be fooled.
Wow. So we’re supposed to just trust some guy on Reddit who says it’s a scam? What about all the legit traders using it? You’re just FUDding to push people toward Binance. Classic crypto elitism. Also, why are you so obsessed with regulation? Crypto’s supposed to be decentralized, right? Hypocrite.
OMG I JUST WITHDREW $12K FROM HYPERPAY!! I WAS SO SCARED BUT IT WORKED!! THEY SAID I NEEDED TO PAY $500 IN "FEE" TO UNLOCK MY WITHDRAWAL BUT I IGNORED THEM AND IT JUST CAME THROUGH!! I’M A GENIUS!! THEY’RE NOT A SCAM THEY’RE A MIRACLE!!
Oh wow, another "I did the research" post. Congrats. You found a website that says HyperPay is a scam. Did you also check if the author owns a Bitcoin wallet? Or if they’ve ever traded futures? Or are you just here to feel morally superior because you didn’t fall for the glittery website? The real scam is how easily people hand over their critical thinking skills to blog posts with bold headers.
Let’s break this down technically: HyperPay Futures’ subdomains (h5.trade56535.xyz) are registered via privacy-protected WHOIS, hosted on a single IP cluster shared with at least 14 other known scam platforms. Their TLS certificate is issued by a non-CA entity - not Let’s Encrypt, not DigiCert - but a self-signed cert chain. This is not negligence. This is architectural fraud. The wallet component is legitimate; the exchange is a reverse-proxy shell with fake WebSocket feeds. The order book is simulated via JavaScript. No trades are settled on-chain. I’ve reverse-engineered their frontend. It’s chillingly well-executed. If you’re still considering depositing, you’re not just risking capital - you’re enabling a criminal infrastructure.
This is all a distraction. The real scam is the entire crypto system. The Fed, the SEC, the big exchanges - they’re all in on it. HyperPay is just the tip. They want you to fear the small scam so you don’t question the big one. Why does Binance have offices in 17 countries but no real audits? Why does Coinbase have a license but still freeze accounts? They’re all the same. HyperPay is just the one dumb enough to be public about it.
I used to trade on HyperPay. I lost $8,000. I didn’t post about it because I felt stupid. But reading this - I’m not alone. If you’re reading this and you’re thinking about depositing, don’t. I wish someone had told me this before I lost everything. I’m still paying off credit cards. You’re not weak for wanting to make money. But you’re smart if you walk away now.
There’s a quiet kind of courage in walking away from something that looks like opportunity but feels like a trap. I’ve watched so many people chase leverage, chase the dream, chase the hype - only to end up worse off than when they started. HyperPay isn’t the first, and it won’t be the last. But you? You can be the one who says no. Not because you’re scared - but because you’re wise. Protect your peace. Protect your capital. And if you’ve already been burned? You’re not broken. You’re learning. And that’s worth more than any 100x trade.
I’m not surprised. I’ve seen this before. The wallet is real. The exchange is a mirror. The branding is identical. The team is anonymous. The domain names are chaos. It’s a psychological exploit - leveraging familiarity to bypass skepticism. People don’t question something that looks like something they already trust. That’s not incompetence. That’s design. And it’s horrifyingly effective.
Can we talk about how ridiculous it is that people still fall for this? The domain names alone - h5.trade73922.xyz? That’s not a typo. That’s a neon sign screaming "I’M A SCAM." And yet, people sign up, deposit, trade, and then cry when they can’t withdraw. It’s like leaving your keys in the ignition and then blaming the car thief. You didn’t get scammed. You got lazy.
This isn’t just about finance - it’s about epistemology. How do we know what’s real in a world saturated with simulation? HyperPay Futures is a postmodern artifact: a brand without a body, a platform without infrastructure, a promise without substance. It reflects our cultural crisis - we crave trust signals, so scammers manufacture them. We want certainty, so they give us aesthetics. We don’t ask for proof anymore - we ask for polish. And that’s the real tragedy.
Everyone here is acting like they’re so smart. But you know what? I deposited $5,000 and got $5,200 back. So what? Maybe it’s not a scam. Maybe you’re just jealous because you didn’t get lucky. I’m not going to listen to your fear-mongering. I’m making money. You’re just mad you didn’t think of it first.
Just curious - has anyone checked if HyperPay’s support email is the same as the one used by other scam sites? I ran a quick reverse lookup on [email protected] and it shows up in 3 other flagged domains from the same registrar. That’s not coincidence. That’s a playbook.
I appreciate this post. It’s clear, factual, and doesn’t scream. That’s rare. I shared it with my cousin who just started trading. She’s scared now - but in a good way. Not everyone needs to lose money to learn. Thank you for making it easy to say no.
My friend lost $15k on this. He thought he was being smart because he only traded small amounts first. Then he went all in. Now he’s depressed. I told him to report it, but he’s too ashamed. This isn’t just about money. It’s about dignity. Don’t let them steal that too.
You guys are so dramatic this exchange has been around for years why are you suddenly mad maybe you just bad at trading stop blaming the platform for your losses
They said the same thing about Mt. Gox. And Quadriga. And FTX. And now this. Every single time. People say "it’s different this time" - until it isn’t. The pattern never changes. The only difference? This time, you’re the one who didn’t listen.