Risk Level Detector is an advanced unique risk management tool that helps users examine their deposit and withdrawal addresses. This feature will allow XREX to protect our users from dark markets and bad actors operating in different digital asset service providers as many crypto users have been scammed and lost their digital assets.
How Does Risk Level Detector Work?
You will see three types of address notifications during the withdrawal process or on the withdrawal/deposit history page: green, yellow and red light.
The address is safe and no suspicious behavior has been detected.
The address is suspicious and might be related to a crime address however, is not directly involved in criminal acts. A common situation is that this address has received tainted cryptocurrencies from bad actors. We will recommend you stay alert during this transaction.
This address is dangerous and is on the sanctions or criminal list, which means it is involved in criminal activities, such as theft, hacking, dark markets, and terrorist funding, etc. We will highly recommend you cross-check the address and the safety of the transaction.
Please note that for withdrawal, XREX will automatically block the transaction if we have detected the address as dangerous. For deposit, our crypto threat research team will start an investigation and take the necessary actions on the transaction.
XREX is currently working to provide the Risk Level Detector feature to all cryptocurrencies listed on our platform. Kindly refer to the table below for more information on which cryptocurrencies Risk Level Detector currently supports.