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GCOX Crypto Exchange Review: A Dead Platform with No Trading Activity

GCOX Crypto Exchange Review: A Dead Platform with No Trading Activity Dec, 10 2025

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If you're looking to trade crypto on GCOX, you should stop right now. The platform isn't just inactive-it’s effectively dead. As of October 2025, CoinMarketCap lists GCOX as an Untracked Listing with zero trading volume, no market data, and no reserve information. That’s not a glitch. That’s a tombstone.

What Was GCOX Supposed to Be?

GCOX, short for Global Crypto Offering Exchange, launched in 2017 out of Singapore with a flashy idea: let celebrities create their own crypto tokens. Think of it like a fan club you could buy shares in. Manny Pacquiao launched 'PAC Coin' in 2018. Jason Derulo was also signed on. Fans could use these tokens to buy exclusive merch, videos, or meet-and-greets. It sounded cool on paper. But it never worked in practice.

The exchange’s native token, ACM (Acclaim Token), was meant to be the fuel for all celebrity token trades. But nobody bought it. Nobody traded it. And today, you can’t even find a live order book for ACM anywhere.

Why Did GCOX Fail?

There are three big reasons GCOX collapsed:

  1. It relied on celebrity hype, not real demand. People don’t trade crypto because a boxer or singer endorsed it. They trade because the market is liquid, fees are low, and the platform works. GCOX had none of that.
  2. Regulators shut the door. The U.S. Securities and Exchange Commission (SEC) started cracking down in 2017 on celebrities promoting crypto without disclosing payments. That made GCOX’s whole model legally risky. No celebrity wanted to be fined for pushing a token that turned out to be worthless.
  3. No one used it. Revain.org reviews from 2021 say users couldn’t deposit most currencies. Customer support was nearly impossible to reach. The website had no clear company info. And the minimum trade limit was so high, casual users were locked out.

Compare that to Binance, Coinbase, or Kraken-all of which offer hundreds of coins, low fees, 24/7 support, and transparent operations. GCOX didn’t just lose the race. It never started.

Security and Features: All Theoretical

GCOX claimed to have two-factor authentication, cold storage, and multi-signature wallets. Sounds good, right? But if you can’t deposit Bitcoin or Ethereum, those features don’t matter. They were just bullet points on a webpage, not real protections users could rely on.

The platform also required mandatory KYC (Know Your Customer) verification. That’s normal. But paired with high minimum trades and closed deposit channels, it became a barrier, not a safety feature. You couldn’t even get in the door, let alone use the platform safely.

An abandoned crypto trading floor with dead screens and flickering candles, contrasted with glowing modern exchanges in the distance.

What About Fees and Pricing?

There’s no official fee schedule anywhere. ICO Rankings’ 2018 review said fees were “low,” but that was before the platform stopped working. No recent source-no user, no analyst, no data provider-has confirmed any fee structure. That’s because there isn’t one. No trades mean no fees. No fees mean no revenue. No revenue means no maintenance.

Current Status: No Data, No Activity, No Future

As of late 2025, here’s what’s real:

  • Trading volume: $0
  • Supported coins: Officially listed as Bitcoin, Ethereum, Litecoin-but deposits are reportedly closed
  • Customer support: Described by users as “very difficult” to reach
  • Website updates: None since at least 2021
  • Platform status: Untracked by CoinMarketCap, absent from all 2025 exchange rankings

Even the celebrity tokens are gone. PAC Coin and Derulo’s token don’t appear on any active exchange. The last known update was a vague announcement about “new partnerships” in 2019. Nothing since.

A shipwreck labeled GCOX on a digital shore, while other exchanges sail toward light, with a raven holding a warning scroll.

Why You Should Avoid GCOX

This isn’t a “be careful” warning. This is a “don’t even open the website” warning.

  • You can’t deposit money.
  • You can’t withdraw money.
  • You can’t contact support.
  • You can’t find any official company details.
  • You can’t trade anything.

If you’re thinking of investing in ACM or any celebrity token on GCOX, you’re not investing-you’re throwing money into a black hole. There’s no liquidity. No oversight. No future.

Even if you somehow got access to the site, there’s no guarantee your funds would be safe. The platform hasn’t been updated in over four years. That means no security patches. No bug fixes. No compliance updates. It’s a digital ghost town.

What Should You Do Instead?

If you want to trade crypto, use platforms that are alive:

  • Binance - Supports 600+ coins, low fees, global liquidity
  • Coinbase - Easy for beginners, regulated, insured custodial wallets
  • Kraken - Strong security, advanced tools, transparent operations
  • Bybit - Great for derivatives and futures trading

These exchanges have real volume, real support, and real updates. They’re built to last. GCOX was built for a trend-and that trend died in 2019.

Final Verdict

GCOX is not a crypto exchange you can use. It’s not a platform you can trust. It’s not even a platform you can research-because there’s nothing left to research.

It was a failed experiment that rode the wave of celebrity crypto hype, then vanished when the wave crashed. Don’t waste your time. Don’t risk your funds. And don’t fall for the myth that a famous face makes a good exchange.

The crypto market is crowded, competitive, and unforgiving. GCOX didn’t just lose. It disappeared. And that’s the clearest signal of all.

Is GCOX still operating as a crypto exchange?

No. As of October 2025, GCOX has no trading volume, no market data, and no functional deposit or withdrawal systems. CoinMarketCap lists it as an Untracked Listing, meaning it’s no longer monitored or considered active by industry standards.

Can I deposit Bitcoin or Ethereum on GCOX?

According to user reports from 2021 and the current platform status, most currency deposits are closed. Even if the website still lists Bitcoin and Ethereum as supported, there is no verifiable way to fund an account. Attempting to deposit could result in lost funds.

Is GCOX safe to use?

No. While GCOX once claimed to use cold storage and 2FA, these features are irrelevant if the platform isn’t maintained. The last software update was over four years ago, and there’s no evidence of security audits, regulatory compliance, or active development. Using GCOX now carries high risk of fund loss.

What happened to PAC Coin and other celebrity tokens on GCOX?

PAC Coin and other celebrity tokens issued on GCOX are no longer traded anywhere. They have no liquidity, no market listings, and no active community. The tokens are effectively worthless. Even the celebrities involved have moved on to other projects.

Why isn’t GCOX listed among top crypto exchanges in 2025?

Because it doesn’t exist as a functional exchange anymore. Major comparison reports like ECOS’s 2025 Best Crypto Exchanges list include Coinbase, Binance, Kraken, and others-but omit GCOX entirely. Industry experts and data providers consider it defunct.

Can I get my money back from GCOX if I deposited funds in the past?

There is no known process for withdrawing funds from GCOX. User reports from 2021 indicate that withdrawals were blocked, and customer support was unresponsive. With no active team, no official contact, and no transparency, recovering funds is highly unlikely.

Was GCOX ever regulated?

There is no public record of GCOX being licensed or regulated by any financial authority. Its reliance on celebrity tokens raised red flags with the SEC, which warned in 2017-2018 that celebrities promoting crypto must disclose payments. GCOX never addressed these concerns publicly, suggesting it operated without compliance.

Is there any chance GCOX will come back?

Extremely unlikely. There have been zero updates, no new partnerships, no team announcements, and no technical improvements since 2021. The platform has been silent for over four years. In crypto, silence equals death. Reopening would require massive investment and rebuilding from scratch-neither of which has occurred.