Catalyx Exchange Reviews 54

TrustScore 1.5 out of 5

1.4

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Rated 1 out of 5 stars

I have been trying to withdraw to my wallet and it’s been in under review since 10/7 and it’s 11/12 now. Try to send message to customer service and no response. I haven’t received anything as to why... See more

Rated 1 out of 5 stars

One day, when you are trying to login to your account you receive: "Something went wrong. Please contact customer support" From my experience, "Something went wrong" has to be their slogan. J... See more

Company replied

Rated 1 out of 5 stars

The buying experience is awful. I could watch my limit buy order in the book and it was entered at a price lower than my actual limit. The fees are bad enough and my order would keep going unfille... See more

Company replied

Rated 1 out of 5 stars

I wanted to transfer funds from my Catalyx wallet on the 9th of december 2023. As of today 6th january 2024, the transfer is still pending. When I try to reach customer care i always get an au... See more

Company details

  1. Cryptocurrency Service
  2. Alternative Financial Service
  3. Asset Manager Service
  4. Currency Exchange Service
  5. Money Transfer Service
  6. Non-Bank Financial Service

About Catalyx Exchange

Written by the company

Catalyx is one of Canada's most reliable, fast, and secure digital assets trading platforms!

The company was founded in 2018 by top talents in the tech and finance industry to develop features that make it one of the best and easiest Canadian platforms to trade on, leading the way to a limitless financial system.

The cryptocurrency exchange gives you access to TOP assets & markets so you can focus on creating wealth while your funds and transactions are secure and protected.

Join us and start creating wealth today by buying, trading, and holding cryptocurrencies with ease.

Ready to get started? please visit: https://catalyx.io/

For support or feedback, visit: https://support.catalx.io/en/


Contact info

You should know

1.4

Bad

TrustScore 1.5 out of 5

54 reviews

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Hasn’t replied to negative reviews

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Rated 1 out of 5 stars

I have been trying to withdraw to my…

I have been trying to withdraw to my wallet and it’s been in under review since 10/7 and it’s 11/12 now. Try to send message to customer service and no response. I haven’t received anything as to why it’s still under review or any messages.

October 7, 2024
Unprompted review
Rated 1 out of 5 stars

This is an absolute criminal…

This is an absolute criminal organization. I bought some HBAR years ago because it was the only place in Canada I could find that offered HBAR. These criminals have locked my wallet (saying they are under maintenance and appreciate my patience). Meanwhile, i cannot transfer my HBAR anywhere. With crypto prices fluctuating huge amounts on a daily basis this is unacceptable. There is also no way to contact them. They also forced me submit tons of personal info just to get into my account (which i created 3 years ago). They totally violated my privacy by asking more information than any bank has ever asked. They have over a $1000 of mine locked up and I seem to have no recourse to get my money. Stay away from them... they are criminals.

March 7, 2024
Unprompted review
Rated 1 out of 5 stars

Catalyx.io filled for insolvency!

So to everyone reading this it is very disappointing to see all our crypto assets disappear.

On January 19, 2024, Deloitte Restructuring Inc. was appointed by the Court of King's Bench of Alberta as the receiver-manager (the "Receiver"), without security, of CatalX CTS Ltd. and Catalx Management Ltd. and all the current and future assets, undertakings and​​ properties of every nature and kind whatsoever, and wherever situate, including all proceeds thereof.

Publicly available documents will be posted to this website as they become available.

Contact Information
​If you have any questions regarding this matter, please contact the Receiver's voice mail only phone line at (403) 267-1899 or email at calgaryrs-deloitte.ca​​​.

January 30, 2024
Unprompted review
Rated 1 out of 5 stars

No customer service

I wanted to transfer funds from my Catalyx wallet on the 9th of december 2023. As of today 6th january 2024, the transfer is still pending.

When I try to reach customer care i always get an automated reply e-mail. There is no way to talk to customer service. All I have to go on are the small announcement made on the website. But since my transfer has been submitted several weeks before said annoucement date I really don't understand what is happening.

Customer service is non existant. And now the company under investigation. I guess i can say goodbye to my assets. Do not waste your time and money with this fraudulent company.

January 6, 2024
Unprompted review
Rated 1 out of 5 stars

Worst exchange in Canada. SCAM

Worst exchange in Canada. By far. Withdrawals take weeks, if ever, to arrive. They simply do not control the crypto, YOUR crypto, and rely on a non-Canadian crypto firm to handle the transfers, evidently. A non-Canadian crypto firm that is apparently bankrupt. I am sorry if you have crypto stuck on this hell hole of an exchange. If you do you need to file a complaint with the Alberta Securities Commission NOW, if you want to ever see your crypto again. They're dead, gone, extinct.

Customer support is gone. Its a 404 page not found on their site. Their people are gone, they're gone, the crypto is gone. Canada's very own FTX scandal.

Good luck peeps. This is exactly why you should NEVER KEEP FUNDS ON EXCHANGE! Here one day, packed up and gone the next.

Good luck to everyone still waiting weeks/months for their funds. There still is hope though. Even QuadrigaCX eventually paid back it's customers, albeit 13 cents on the dollar 5 years later.

"Not your keys, not your coins" has never rang so true.

Merry Christmas

November 8, 2023
Unprompted review
Rated 1 out of 5 stars

You cannot sell your crypto or withdraw…

You cannot sell your crypto or withdraw to an external wallet. Customer Services is not saying anything. Like they don't have the actual crypto on the exchange and they fudged the books. If you are not a customer, then make a hard pass on Catalyx. Are they the next FTX or QuadrigaCX???

December 19, 2023
Unprompted review
Rated 1 out of 5 stars

AVOID - Its just a scam to delist and steal your assets if you miss the deadlines on withdrawals

This isnt even an exchange its just a scam. They only delist. Say its based on regulation buts its just a way to seize funds and charge a $500 fee to get them back.

Bittrex made a huge mistake going with this company, its just a crime front. They are basically here to steal you coins and assets and will delist until nothing is left and they can keep the coins. Don't go near it. Other companies delist but allow you to only send out assets, this company just seize it and charge a $500 fee if you want it recovered.

It was only set up to absorb all the Bittrex clients coins who didn't get around to withdrawing their coins as they constantly delist. Someone should submit an enquiry to see if they are actually even certified and start an investigation into their practices.

I tried to withdraw certain assets on closing day. Support ghosted and they then came out months later with a recovery fee.

This company is a complete scam. Delisting coins that other real exchanges are actually adding. Ignore their responses. Just here to steal your money.

December 9, 2022
Unprompted review
Rated 1 out of 5 stars

No communication or support in a week, deposits still disabled.

I have been trying to communicate with catalyx and there has been no response from support in over a week, I'm not sure if the company is still in business, but I have had my tether delisted and trying to retrieve it, but support is not available. They have also disabled deposits since November 24th and still disabled as we speak. For a company who is serious about staying in business, would have brought deposits back online over the weekend ... I have a bad feeling about this company and the future of my money on the exchange platform .. Disappointing.

December 7, 2023
Unprompted review
Rated 1 out of 5 stars

I am writing to express my…

I am writing to express my dissatisfaction with the service I have experienced. Unfortunately, the customer support seems to be unresponsive, and my bitcoin transaction has been pending for over 27 hours without any communication from the support team. I urgently require assistance in resolving this matter.

November 22, 2023
Unprompted review
Rated 1 out of 5 stars

They are thieves

They are thieves,
they delisted 4 of the coins I had there (I was just there because I was forced to migrate them)

And they keep the coins !
They said I was supposed to do it when they sent email, no recovery possible, they just steal your coins

AVOID

November 21, 2023
Unprompted review
Catalyx Exchange logo

Reply from Catalyx Exchange

Hello Sebastien,

Thank you for taking the time to leave your review.

Please help us by replying to our request for more information so that we can help you look into this matter.

As you can imagine with the ever changing regulations, from time to time assets must be delisted, sometimes without much notice that is why it is very important to read and understand all the emails we send advising of a delisting, so that you don't get stuck with inaccessible assets on the exchange.

With this being said, any and all delisted assets from Catalyx occurred, with more than 30 days notice for you to action our requests to trade or transfer your said assets before they became delisted and ultimately stuck.

We are working on providing users with options as to how you can recover these delisted assets, so please when you can, email us at customercare@catalyx.io and we can help provide you with the options available to you.

Sincerely,
Catalyx Customer Care

Rated 1 out of 5 stars

Hello Catalyx Customer Service,

Hello Catalyx Customer Service,

My password is not working. As per Catalyx procedure I click forget password and after that they ask me 6 digit code from Authenticator app. I enter the 6-digit code from the Authenticator app. After putting the 6 Digit code. They do not accept the code and give error. I tried several times from last 7 days.

Invalid Account Verification, Please, contact Catalyx customer service.

I realize that this is deliberately locked by Catalyx exchange and regardless of several emails to Catalyx customer service they intentionally blocked my account and because of this I am not able to provide the information to Catalyx exchange for assessment to re-verify the personal information for my account. I have all the emails record which I requested Catalyx Customer Service to unlock my account.

I would like to request Catalyx Exchage again to help me to login my account in order to complete account requirement.

Syed.

June 13, 2023
Unprompted review
Catalyx Exchange logo

Reply from Catalyx Exchange

Thank you for taking the time to leave your review. We hope this issue has been resolved by now. Should it not have been, please send an email to customercare@catalyx.io and someone will be able to assist you.

Thank you kindly,
Catalyx Customer Care

Rated 1 out of 5 stars

Verification every 3months !!!Sucks

Verification every 3months !!!! I have opened accounts on other platform 5years now..no constant verification.
This platform is full of you..know what.

Btw there customercare crafted response does not translate to improvement...

June 8, 2023
Unprompted review
Catalyx Exchange logo

Reply from Catalyx Exchange

Thank you for taking the time to leave your review and bringing this matter to our attention. We are sorry for any inconveniences you may have experienced when completing the revalidation process with us.

As a user of the exchange, you would have been notified by emails that we have begun the process of becoming a regulated cryptocurrency exchange in Canada, filing an application with the Alberta Securities Commission. As part of the requirements for this application, all users of the exchange needs to complete a suitability assessment and provide a proof of address document. This may seem like you were going through a verification process as we request your ID when submitting the required information. The reason for this is to confirm that the owner of the account was providing this information.

With this being said, prior to us implementing this revalidation, we also required all users of the exchange with expired ID’s on file to be updated. Hence, why it may seem like you were needing to verify your identity more frequent than usual.

Kindly reply to our query for further information sent through TrustPilot and we can guide you through the revalidation process if you need our assistance.

Sincerely,
Catalyx Customer Care

Rated 1 out of 5 stars

One big NO

One day, when you are trying to login to your account you receive:
"Something went wrong. Please contact customer support"
From my experience, "Something went wrong" has to be their slogan.

Just big steaming pile of... you know what.
Be prepared to verify your identity every week. Because their systems totally screwed. Not to mention that support reply takes about 2 weeks.

Tried it only because my account got move here from Bittrex. Time to find another place.

September 8, 2022
Unprompted review
Catalyx Exchange logo

Reply from Catalyx Exchange

Thank you for taking the time to leave us your review.

We are very sorry that you feel the way you do, however we would like to try to make things right for you. We have reached out to you directly for more information regarding your specific experiences, so that we can get to the bottom of these issues.

We take your feedback very seriously and would like to fix/correct these issues for the future. Please reach out to us, through any of the communication channels avaible on the site, or email us directly at customercare@catalyx.io.

Sincerely,
Catalyx Customer Care

Rated 1 out of 5 stars

I only started using the site yesterday…

I only started using the site yesterday and I already had enough BS happening to make up my mind that today will the last day that I'll be using this exchange.
The deposit and withdrawals take forever.
Their support is next to NO support!!
All in all, Catalyx sucks pretty bad!!

June 24, 2022
Unprompted review
Rated 1 out of 5 stars

Ridiculous transfer fees!

USD$79 fee to transfer USDT... you have got to be kidding me. Daylight robbery! It doesn't tell you this anywhere on the website...

April 24, 2021
Unprompted review
Catalyx Exchange logo

Reply from Catalyx Exchange

Hello PC,
The fee charged to transfer USDT was clearly noted on the screen when you initiated your transfer request. If you try to initiate another USDT withdrawal request on the site you will see it just above the total withdrawal amount in USDT, just under “Transaction Fee”. All Cryptocurrency transfer fees will be noted within that section.
This fee is charged by our partners at Bittrex, that assist us with all our Cryptocurrency transfers. It also includes the network fee within it and unfortunately is unavoidable should you want to transfer your USDT off of the exchange. May we suggest checking out our Telegram group (t.me/CatalX) for some great user discussions on various topics including cheaper transfer options available should you be moving funds from Catalyx to another exchange for trading purposes!
Hope that helps for next time!

Rated 1 out of 5 stars

This company partners with a Facebook…

This company partners with a Facebook group Canadacypto, a gentleman Bill Eh who runs this promotion on the group.

I beleive there is a conflict of interest due to behaviour of his admiring, and spamming on his users.

Pushing bad product onto unknowing users.

April 20, 2021
Unprompted review
Rated 1 out of 5 stars

Worst Exchange by far. Avoid.

The buying experience is awful. I could watch my limit buy order in the book and it was entered at a price lower than my actual limit. The fees are bad enough and my order would keep going unfilled even if the selling history showed that it should have.

Then they freeze your wallet "Under Maintenance" with no explanation or ETA. My Crypto is still stuck there and the customer service is your typical negative experience of canned non-answers.

Avoid unless you like having your Crypo held hostage.

March 21, 2021
Unprompted review
Catalyx Exchange logo

Reply from Catalyx Exchange

We are so sorry to hear about your experience. Please reach out to us directly via email (to customercare@catalyx.io) or reply to our query here in TrustPilot, with more information about your situation so that we can make things right.

Rated 1 out of 5 stars

Disappointing customer service.

I did my research before choosing this platform as it showed a lot of promise and ease of use - had read nothing but good things. But at no point was I expecting such a bad and rude customer service experience!! In short, extremely disappointed at their level of care and commitment to resolve when running into issues.

March 9, 2021
Unprompted review
Catalyx Exchange logo

Reply from Catalyx Exchange

Hello, thank you for your review. We are very sorry to hear your experience was not a satisfactory one. We have reached out to you, in order to get more information as to what had occurred, so that we can make things right! Please do get back to us!

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