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Hoo Exchange (hoo.com) Review 2025

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Brief Look at Hoo

Hoo Exchange, a cryptocurrency platform based in Hong Kong, has come under heavy scrutiny and faced fraud allegations, leading many to call it a scam. The exchange initially gained attention by offering various services and launching projects like Hoo Smart Chain and HooSwap. However, by mid-2022, users began reporting problems with withdrawing funds, leading to widespread dissatisfaction.
One major concern about Hoo Exchange is the lack of regulation by any financial authority to ensure fair and transparent operations.
Users and reviewers have pointed out several issues with Hoo Exchange, including sudden suspension of withdrawals, unrealistic promises to investors, and a general lack of transparency. The platform is accused of operating like many unregulated fraudulent companies, targeting inexperienced traders and investors with promises of high returns and low fees.
Victims of Hoo Exchange have reported problems such as being unable to withdraw funds and poor technical support. Consequently, Hoo Exchange has been blacklisted.

User Satisfaction i

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Agustina •P
3 weeks ago
Location IT Palermo

I successfully merged my account on hoo.us.com, and I finally got all my money back. Everything worked perfectly!

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bradthelad3000
3 weeks ago

Profitable trades were canceled, and they claimed some sort of rules violation—though I didn’t break any rules! Hoo Exchange simply pocketed my $800 like it was nothing. I tried calling multiple times—zero response, no feedback whatsoever. When I urgently needed the money, I was blocked without any explanation. It’s a 100% scam!

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maheshatigade50
8 weeks ago

It's been impossible to log into my account since early this morning — neither through the website nor the mobile app. My funds are stuck on the platform, and there's no information on when access will be restored. Support is ignoring the issue and just sends copy-paste responses about "temporary difficulties." Hoo Exchange is an absolute joke! I should’ve been alarmed when they stopped responding to support requests — they probably knew I’d be asking for my $2,000 back!

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Cheaper
1 year ago

Hoo has good support for fiat currencies. In addition to USD and EUR, there are currencies such as KZT, UAH, PLN, and many others. You can withdraw cryptocurrency both to blockchain wallets and through the P2P service to bank cards. In general, there are enough services on Hoo. Disadvantages are the necessary verification, which may cause problems and very poor technical support.

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geri
1 year ago

I will tell you how I was deceived on the exchange hoo.com. Around November 2022, the exchange stopped working. There were no notifications from the exchange administration, I just had difficulty accessing my account on the platform. In my personal account, I received a message stating that until July 2023, it would be possible to withdraw money from hoo.com. But after submitting the application, there were no further actions. Five months later, I couldn't even log into my account. And now the hoo.com website doesn't work at all. There are over 10,000 USDT left on the exchange.

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touhidjahan
1 year ago

I don't know why I decided to try this Hoo exchange. They deducted money from my card, but nothing was credited to the exchange balance. Although I bought cryptocurrency using the details specified in my account. I contacted the Hoo exchange support several times for assistance, but they never refunded me either to the card or the balance.

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HoaffomaDek
1 year ago

The hoo.com exchange is engaged in deception. I have been unable to withdraw 8 ETH for more than two weeks. Initially, the exchange forced me to undergo KYC verification for the second time. Now they have informed me that due to a high volume of requests, my withdrawal request is in a queue. Typically, ETH withdrawals are processed on other platforms within a couple of hours. However, at the hoo.com exchange, it has been more than two weeks. I do not recommend partnering with this exchange.

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

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