Unreliable Crypto Exchange: Spot Scams and Avoid Risky Platforms

When you hear about a new unreliable crypto exchange, a platform that pretends to offer trading but lacks transparency, security, or real users, it’s usually a trap. These platforms don’t just disappear—they steal your money, fake trading volumes, and sometimes even clone real websites to look legit. You’re not just risking your crypto—you’re risking your time, your trust, and your future trades. And it’s worse than you think. Many of these exchanges have zero audits, no customer support, and no traceable team. They’re built in days, promoted with fake testimonials, and vanish before you can withdraw your first coin.

It’s not just about shady names like Purple Bridge, a fake crypto exchange with no website or users. It’s about how they hide in plain sight. Look at BTB.io, an untracked exchange with no verified volume or compliance, or DPEX.io, a decentralized exchange with $15 in daily trading and no real users. These aren’t outliers—they’re textbook examples of how scams operate today. They use buzzwords like "zero slippage," "50x leverage," or "exclusive airdrops" to lure you in. But behind the hype? Empty wallets, fake token listings, and no way out. Even CoinMarketCap listings can be faked. Projects like ZeroHybrid Network (ZHT), a token with no trading, no team, and no real existence show how easy it is to trick people into believing something that isn’t there.

How do you avoid this? Start by asking: Who’s behind this? Is there a real team with LinkedIn profiles? Is there any on-chain activity? Is the trading volume real or inflated? If the answer is no to any of these, walk away. Real exchanges like Binance, Coinbase, or OKX don’t hide. They publish audits, support 2FA, and have millions of users. Scams don’t. They rely on you being in a hurry, excited, or desperate for quick gains. The most dangerous part? You won’t know you’ve been scammed until it’s too late. That’s why this collection of posts exists—to show you exactly what these fake platforms look like, how they trick you, and what safe alternatives you can actually use. Below, you’ll find real reviews of exchanges that turned out to be scams, broken-down case studies, and clear warning signs you can check before you deposit a single coin.