Below is a detailed analysis of APROBIT, a centralized cryptocurrency exchange based in South Korea, focusing on the requested criteria: online complaints, risk level assessment, website security, WHOIS lookup, IP and hosting analysis, social media presence, red flags, regulatory status, user precautions, and potential brand confusion. The analysis is based on available information from the provided search results, general web data, and critical evaluation of APROBIT’s operations.

1. Online Complaint Information ¶

• Findings: There is limited publicly available information specifically detailing user complaints about APROBIT. Major complaint platforms like Scamadviser, Trustpilot, or BrokerChooser do not prominently feature APROBIT in their scam or fraud discussions. However, the absence of complaints does not inherently confirm trustworthiness, as smaller or newer exchanges may have less visibility.
• Analysis: The lack of widespread complaints could indicate either low user volume or effective customer service. However, cryptocurrency exchanges are inherently high-risk environments, and the absence of complaints should be cross-verified with user reviews on platforms like Reddit or X. No specific negative user feedback was found in the provided data, but vigilance is advised due to the general prevalence of scams in crypto exchanges.
• Source: General web analysis; no direct complaints found in search results.

2. Risk Level Assessment ¶

• Trading Volume and Liquidity: APROBIT’s 24-hour trading volume is reported as $0.00 (CoinGecko, September 2024) or $37,474.78 (1.87 BTC, CoinCarp), indicating extremely low activity compared to major exchanges like Binance or Coinbase.
• Implication: Low trading volume suggests limited liquidity, which increases the risk of price manipulation or difficulty executing trades at desired prices.
• IP Risk Score: No specific IP risk score for APROBIT’s servers was provided, but general IP reputation tools (e.g., IPQualityScore, WHOER) indicate that IPs associated with hosting providers or data centers (common for exchanges) can carry higher risk if linked to prior abusive behavior.
• Implication: Without specific IP data, assume moderate risk due to the crypto industry’s exposure to bots and fraud.
• Operational Risks: APROBIT’s centralized nature means users trust the platform to secure funds, which introduces risks like hacking, mismanagement, or insolvency, as seen in cases like FTX.
• Risk Level: Moderate to High. Low trading volume, centralized structure, and lack of transparent reserve data elevate risk, though no explicit fraud evidence exists.

3. Website Security Tools ¶

• Security Solutions: APROBIT uses Akamai’s cloud security solutions, including Kona Site Defender (KSD) and Bot Manager Premier, deployed across Akamai’s 300,000 edge servers. These tools protect against DDoS attacks, bot traffic, and other cyber threats.
• SSL/TLS: The website (https://www.aprobit.com) uses HTTPS, indicating standard encryption for data transmission. A quick check via SSL Labs would likely confirm a valid SSL certificate, common for reputable exchanges.
• Analysis: Akamai’s involvement suggests robust cybersecurity measures, reducing risks of website-based attacks. However, no security is foolproof, and users must ensure they access the official site to avoid phishing.
• Security Rating: Strong, based on Akamai’s reputable solutions, but user-side precautions (e.g., 2FA, phishing awareness) are critical.

4. WHOIS Lookup ¶

• Domain Information:
• Domain: aprobit.com
• Registration: Likely registered around 2019–2020, based on APROBIT’s establishment in 2020.
• Registrar: Typically, exchanges use privacy-protected WHOIS services to hide registrant details, which is standard but can obscure transparency.
• Location: Registered in South Korea, aligning with APROBIT’s headquarters in Seoul.
• Analysis: A domain age of 5+ years is a positive signal, as scam websites often have short lifespans. Privacy protection is common but reduces transparency. No red flags from WHOIS data alone, but users should verify domain authenticity to avoid phishing clones.
• Source: Inferred from establishment data; direct WHOIS lookup not provided in results.

5. IP and Hosting Analysis ¶

• Hosting Provider: APROBIT likely uses a cloud-based hosting provider, possibly via Akamai’s intelligent edge platform, given their security partnership.
• IP Reputation: No specific IP address for aprobit.com was provided, but WHOER’s general analysis suggests low fraud risk for IPs with low traffic visibility, which may apply to APROBIT’s servers.
• Analysis: Akamai’s hosting infrastructure is highly secure, reducing risks of server-side vulnerabilities. However, IP reputation can vary, and centralized exchanges are prime targets for cyberattacks. Without specific IP data, assume standard hosting risks for crypto platforms.
• Risk: Low to Moderate, mitigated by Akamai’s infrastructure but not eliminable.

6. Social Media Presence ¶

• Official Channels:
• Facebook: APROBIT maintains an official Facebook page (https://www.facebook.com/aprobit.official/).
• Other Platforms: No mention of Twitter/X, Telegram, or Discord in the provided data, which is unusual for a crypto exchange, as most leverage multiple channels for community engagement.
• Activity: The Facebook page exists, but no recent activity or engagement metrics were provided. Low social media presence could indicate limited marketing or user base.
• Analysis: A single verified social media channel (Facebook) is a weak presence for a crypto exchange. Major exchanges typically have active Telegram or X accounts for updates and support. Limited social media activity could be a red flag for low user engagement or operational dormancy.
• Red Flag: Moderate. Verify the authenticity of the Facebook page and check for unofficial or fraudulent accounts mimicking APROBIT.

7. Red Flags and Potential Risk Indicators ¶

• Low Trading Volume: $0.00–$37,474.78 in 24-hour volume is negligible, suggesting potential dormancy or lack of user trust.
• Untracked Listing: CoinMarketCap lists APROBIT as an “Untracked Listing,” indicating limited data or scrutiny compared to top-tier exchanges.
• No Reserve Data: No exchange reserve data is available, reducing transparency about APROBIT’s solvency.
• Limited Cryptocurrency Pairs: Currently, 0 coins and 0 trading pairs are reported, which is highly unusual for an active exchange.
• Alliance with Bitfinex: APROBIT shares its order book with Bitfinex for liquidity, which is positive but introduces dependency on a third party with its own regulatory scrutiny.
• Brand Confusion Risk: The name “APROBIT” is similar to “Approveit” (workflow automation) and “Aprovall” (third-party risk management), potentially causing user confusion.
• Summary: The combination of low activity, lack of transparency, and minimal social presence raises concerns about APROBIT’s operational viability and trustworthiness.

8. Website Content Analysis ¶

• Content Overview: The official website (https://www.aprobit.com) describes APROBIT as a “new generation” virtual asset exchange offering trading in Bitcoin, Ethereum, Ripple, Tether, etc. It supports KRW and USD fiat pairs and emphasizes security and liquidity via Bitfinex integration.
• Fee Structure: Transparent fees are listed (e.g., KRW Market: Maker 0.1%, Taker 0.1%; USDT Pair: Maker 1%, Taker 1%), which are competitive but higher for USDT pairs.
• Language: The site includes Korean and English content, aligning with its South Korean base and global ambitions.
• Analysis: The website provides standard exchange information but lacks detailed transparency (e.g., team bios, audit reports). The claim of “top-level trading liquidity” via Bitfinex is credible but not independently verifiable. The site’s professional design and Akamai security are positive, but low reported activity undermines its claims of prominence.
• Red Flag: Moderate. Lack of dynamic content (e.g., blog, news) and zero trading pairs reported by CoinGecko suggest potential inactivity.

9. Regulatory Status ¶

• Location: APROBIT is registered in South Korea, a jurisdiction with strict crypto regulations under the Financial Services Commission (FSC) and the Financial Intelligence Unit (FIU).
• Compliance: South Korean exchanges must comply with the Act on Reporting and Using Specified Financial Transaction Information (2021), requiring KYC/AML policies, FIU registration, and banking partnerships. APROBIT’s support for KRW fiat pairs suggests compliance with these requirements, as banks like Shinhan or Kookmin typically vet exchanges.
• Global Oversight: No evidence of registration with other regulators (e.g., SEC, FCA), limiting its appeal for international users seeking regulated platforms.
• Analysis: APROBIT likely meets South Korean regulatory standards, but the lack of global regulatory mentions and untracked status on CoinMarketCap raise concerns for non-Korean users. Crypto exchanges face varying regulatory scrutiny, and South Korea’s framework, while robust, does not guarantee global trust.
• Regulatory Risk: Moderate. Compliant in South Korea but unverified globally.

10. User Precautions ¶

To mitigate risks when using APROBIT, users should:

• Verify Website Authenticity: Always access https://www.aprobit.com directly and check for HTTPS and correct domain spelling to avoid phishing sites.
• Enable 2FA: Use two-factor authentication (e.g., Google Authenticator) to secure accounts.
• Research Activity: Check recent trading volume and user reviews on X or Reddit before depositing funds, given APROBIT’s low reported activity.
• Use Cold Storage: Store significant crypto holdings in hardware wallets (e.g., Ledger, Trezor) rather than on the exchange.
• Monitor Regulatory Updates: Ensure APROBIT remains compliant with South Korean FIU regulations, as non-compliance could lead to service disruptions.
• Avoid Overexposure: Limit funds deposited to APROBIT due to centralized exchange risks and low liquidity.
• Check Social Media: Verify updates only from the official Facebook page (https://www.facebook.com/aprobit.official/) and be wary of unofficial channels.

11. Potential Brand Confusion ¶

• Similar Brands:
• Approveit: A workflow automation platform, unrelated to crypto but with a phonetically similar name.
• Aprovall: A third-party governance and risk management solution, also unrelated but potentially confusable due to naming.
• Abra Traders: A broker flagged as unsafe by BrokerChooser, which could be mistaken for APROBIT due to similar-sounding names in the financial space.
• Risk: Users searching for APROBIT may land on these unrelated or risky platforms, especially if misled by phishing sites or ads. Scammers could exploit this by creating fake websites mimicking APROBIT’s branding.
• Mitigation: Users must double-check URLs and ensure they interact only with aprobit.com. APROBIT’s limited social media presence exacerbates this risk, as users may struggle to find verified channels.

12. Overall Assessment ¶

• Trustworthiness: APROBIT appears to be a legitimate South Korean cryptocurrency exchange with strong security (via Akamai) and likely compliance with local regulations. However, its extremely low trading volume, lack of transparency (e.g., no reserve data, untracked listing), and minimal social media presence raise significant concerns about its operational viability and user trust.
• Risk Level: Moderate to High. While no explicit scam evidence exists, the combination of low activity, centralized risks, and potential brand confusion warrants caution.
• Recommendation: Use APROBIT only for small transactions after thorough due diligence. Prefer exchanges with higher liquidity, global regulatory oversight (e.g., Coinbase, Kraken), and active community engagement. Always follow user precautions to minimize risks.

13. Sources ¶

-: BrokerXplorer review on APROBIT fees and operations. -: CoinMarketCap on APROBIT’s untracked status and fiat support. -: CoinGecko and CoinCarp on trading volume and Bitfinex alliance. -: Akamai’s security solutions for APROBIT. -: APROBIT’s official Facebook page. -: Brand confusion with Approveit, Aprovall, and Abra Traders.

• General web knowledge on crypto exchange risks and South Korean regulations.

Note: This analysis is based on available data as of April 24, 2025, and the crypto industry’s dynamic nature requires ongoing vigilance. Users should verify APROBIT’s status before engaging and report suspicious activity to platforms like Scamadviser or regulatory authorities. If you need a deeper dive into specific aspects (e.g., real-time X posts, detailed IP analysis), let me know!