gmx.io Reviews 7

this is by far the biggest scam website on the market.
Go ahead with gmx.io if you plan to loose all your money. Increasment of trading fees once the position opens by x250% - withdraw issues, absolute childish support on discord (where else, at least not telegram), absolute no traction, nothing. If you have an issue they simply write: working on it. BUT THEY DONT. Check their wallet, there are stupid ass poeple investing money and somehow their wallet never has any payouts, just inflows.... welcome to the reality - be aware, seriously.

(which is a simple made template)

The support is weak and the questions they ask are suspicious - stay vigilant. Discord support caters to children. Only disoriented adults or children aged 10-16 use Discord."
Or if you want it more professional:
"Support quality is poor, with questionable inquiry practices requiring caution. Discord's support infrastructure is child-oriented, typically attracting either confused adults or users between 10-16 years old.

Its not a professional service provider at all. 17 ETH on the wallet but nothing behind.

A great way to securely earn money by providing liquidity. Have been staking and providing liquidity for over two years now with no issues. Also can say that it has awesome swap options for L2 Arbitrum.

As for the leverage trading gmx provides one of the largest leverages they are in the decentralised market. Although it’s risky as hell.

I took a long position for GMX on this website. I was given a liquidation price of 20.2$ but my position was liquidated at 22.36$. When I looked into details, I was charged with hefty funding fee, borrow fee, close fee etc and this fees was charged/shown later on and not during start of trade. Maybe this fees caused my liquidation price to increase but it should have been shown in the start only. Very shady practices!!! But no such fees or reasonable fees is there on other decentralised trading platforms like dydx, hyperliquid, bitunix(no kyc needed).

GMX is a scam! Please be aware that YOU WILL LOSE your hard earned money if you trade on this "Decentralized" platform that is run by SCAMMERS!

DO NOT TRADE HERE!!

Looks like a rigged trading platform. Trading fee's that skyrocket to 500$+. Yeah that's how you lose all your profits in seconds. Be really carefull trading here.