Audit name:
[PT] XchangeOn | Web & API | Jul2025
Date:
Aug 27, 2025
Table of Content
Introduction
We express our gratitude to the XchangeOn team for the collaborative engagement that enabled the execution of this Pentest.
Document | |
|---|---|
| Name | Pentest and Security Analysis Report for XchangeOn |
| Audited By | Abdelfattah Ibrahim |
| Approved By | Stephen Ajayi |
| Website | https://xchangeon.ae/→ |
| Changelog | 04/08/2025 - Preliminary Report |
| Changelog | 27/08/2025 - Final Report |
| Tags | Pentest |
| Methodology | https://hackenio.cc/pentest_methodology→ |
Document
- Name
- Pentest and Security Analysis Report for XchangeOn
- Audited By
- Abdelfattah Ibrahim
- Approved By
- Stephen Ajayi
- Website
- https://xchangeon.ae/→
- Changelog
- 04/08/2025 - Preliminary Report
- Changelog
- 27/08/2025 - Final Report
- Tags
- Pentest
- Methodology
- https://hackenio.cc/pentest_methodology→
Review Scope | |
|---|---|
| URL | https://staging.xchangeon.ae/→ |
Review Scope
Audit Summary
The system users should acknowledge all the risks summed up in the risks section of the report
System Overview
XchangeOn is a comprehensive cryptocurrency trading platform designed to provide seamless digital asset trading services primarily for the UAE market. The platform operates as a full-featured exchange offering spot trading capabilities across 100+ currencies and 30+ cryptocurrencies, including proprietary tokens like BFIC and BLove. The system features real-time order execution, advanced charting tools, portfolio management capabilities, and smart order routing to deliver institutional-quality trading experiences to retail users. XchangeOn incorporates a comprehensive KYC/verification system with multiple verification levels that determine trading limits and withdrawal capabilities, ensuring regulatory compliance while maintaining user accessibility. The platform supports instant funding through crypto wallets and various payment methods, quick withdrawals, and 24/7 customer support through ticketing and live chat systems. Operating under the legal framework of XchangeOn S.R.O, the exchange maintains strict compliance with anti-bribery policies, privacy regulations, and virtual asset listing standards while offering competitive fee structures and multi-channel customer engagement through web, mobile applications, and social media presence across major platforms.
Findings
Code ― | Title | Status | Severity | |
|---|---|---|---|---|
| F-2025-1201 | Staff Memebers ResetCode Exposure via Unprotected Internal GraphQL Query | fixed | Critical | |
| F-2025-1201 | IDOR Leading to Exposure of KYC and Internal User Information via Email | fixed | High | |
| F-2025-1201 | IDOR Leading to Full P2P User Profile Disclosure | fixed | High | |
| F-2025-1200 | Insecure JWT Signing Algorithm | fixed | Medium | |
| F-2025-1200 | GraphQL Circular-Query via Introspection Allowed | fixed | Medium | |
| F-2025-1200 | GraphQL Array-based Query Batching Enabled | fixed | Medium | |
| F-2025-1201 | HTML Injection in Emails via Nickname Field | fixed | Low | |
| F-2025-1201 | Client-Side Restriction Bypass | fixed | Low | |
| F-2025-1200 | GraphQL Field Suggestions Enabled | fixed | Low | |
| F-2025-1200 | GraphQL Introspection Query Enabled | fixed | Low |
Appendix 1. Severity Definitions
Severity | Description |
|---|---|
Critical | These issues present a major security vulnerability that poses a severe risk to the system. They require immediate attention and must be resolved to prevent a potential security breach or other significant harm. |
High | These issues present a significant risk to the system, but may not require immediate attention. They should be addressed in a timely manner to reduce the risk of the potential security breach. |
Medium | These issues present a moderate risk to the system and cannot have a great impact on its function. They should be addressed in a reasonable time frame, but may not require immediate attention. |
Low | These issues present no risk to the system and typically relate to the code quality problems or general recommendations. They do not require immediate attention and should be viewed as a minor recommendation. |
Severity
- Critical
Description
- These issues present a major security vulnerability that poses a severe risk to the system. They require immediate attention and must be resolved to prevent a potential security breach or other significant harm.
Severity
- High
Description
- These issues present a significant risk to the system, but may not require immediate attention. They should be addressed in a timely manner to reduce the risk of the potential security breach.
Severity
- Medium
Description
- These issues present a moderate risk to the system and cannot have a great impact on its function. They should be addressed in a reasonable time frame, but may not require immediate attention.
Severity
- Low
Description
- These issues present no risk to the system and typically relate to the code quality problems or general recommendations. They do not require immediate attention and should be viewed as a minor recommendation.
Appendix 2. Scope
The scope of the project includes the following:
Scope Details | |
|---|---|
| URL | https://staging.xchangeon.ae/→ |
Scope Details