Folgory - Exchange Review

Launch with ambition

Folgory launched in 2019, branding itself as a full-suite crypto-fiat hub. It promised seamless trades with EUR, GBP, USD, and had an FLG token for fees and rewards - plus features like prepaid cards, cloud mining, and staking. It painted itself as regulated in Europe, with a fancy site and lots of promise.

Sudden vanishing act

Listings now show Folgory as “Untracked Listing.” No markets. No volume. No reserves. Tools show zero trading pairs and zero confidence in activity. Data platforms warn the exchange is defunct or unreliable. The website went dark around April 2025. The disappearance wasn't quiet - it was sudden and complete.

Echoes of fraud

On forums like Reddit and Bitcointalk, users accuse Folgory of fabricating volume, freezing accounts, delisting tokens without notice, and ignoring support. One user reported being told to fake volume - when refused, their listing was canceled and funds vanished. These stories cluster under the tag “scam.” It’s not just inactivity - it’s betrayal.

What was once offered

Folgory claimed broad utilities: hybrid trading (spot, margin, AMM), FLG token utility, prepaid Mastercard-like cards, cloud mining for Bitcoin, and staking with fixed yields. But none of these remained accessible or active when the exchange folded.

Snapshot

Final notes

Folgory had gloss, features, and hype. Then it vanished. No trades. No pairs. No withdrawals. Many users were left holding - or blocked. What remains is a cautionary tale: flashy features mean nothing without trust and transparency.

If you had funds there, it’s more than a loss - it’s gone.