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:

1. Stop trading immediately.
2. Try to withdraw even a small amount - if it works, withdraw everything.
3. If you’re blocked, document everything: screenshots, transaction IDs, support chats.
4. Report it to cryptolegal.uk and post your story on Reddit’s r/CryptoScams.
5. 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.