List of fake crypto exchanges. Which is always a scam, every time. Mar 24, 2022 · These fake sites will let you deposit money, buy cryptocurrency, and they may even let you withdraw it too. As of today, we track 217 crypto exchanges with a total 24h trading volume of $69. Aug 12, 2024 · Fake and unregulated cryptocurrency exchanges are a major threat, tricking people by pretending to be legitimate platforms. However, it's crucial for investors to be cautious as the cryptocurrency space can attract fraudulent platforms. The SFC previously blacklisted eight domains May 28, 2024 · Once millions of investors bought the token, the influencers who promoted the crypto allegedly sold off their tokens, and the value crashed. CryptoRom, a notorious scam that combines fake cryptocurrency trading and romance scams, has taken a new twist by utilising generative artificial intelligence (AI) chat tools to lure and interact with victims. May 7, 2023 · Bitrue, a popular crypto exchange, fell prey to a massive hack in April 2023, leading to the theft of $23 million in Ethereum, Gala, and other cryptocurrencies. Some exchanges only offer cryptocurrency markets, while others also allow users to exchange between cryptocurrencies and fiat currencies such as the US dollar or the euro. -based Kraken caters toward intermediate and advanced crypto traders. Use this information to protect yourself when engaging in crypto transactions. com and Cash App -- to avoid an unfamiliar exchange. Market Cap. Below are some examples of the most common ways investors lose their money to scammers. The problem has been apparent since Bitwise Asset Management published a . org who cares the crypto community from scammers and fraudulent ICOs. The process often starts with scammers creating a professional-looking website that mimics reputable exchanges. Best High Leverage Crypto Trading Exchange Platform. Jan 6, 2024 · The Growing Threat: Fake Crypto Websites Recognizing the Wolves in Sheep’s Clothing. They lure victims with attractive offers such as low fees, high security, or exclusive features. , U. List of fake exchanges used for scams Once upon a time there was a princess from a country far, far away, who inherited a vast fortune and, as she could not move the money out of her country due to political reasons, she decided to write me an email, offering me a good share of her wealth if I accepted the money to be transferred to my bank Aug 30, 2024 · Top Crypto Exchanges and Trading Platforms Reviewed. However, once you and others begin to trust the site, the scammers will spring the trap. 10 SIGNS OF A SCAM CRYPTO OR FOREX TRADING WEBSITE Author: CFTC Office of Customer Education and Outreach Subject: How to identify fraudulent trading platforms Keywords: bitcoin, ether, cryptocurrency, blockchain, foreign currency, forex, foreign exchange, trades, trading, fraud, scams, social media, red flags Created Date: 4/20/2023 1:36:37 PM Feb 19, 2024 · The best crypto exchanges in the U. With the crypto market surging, the proliferation of fake crypto exchanges has become a menacing problem. Mar 25, 2024 · The regulator received license applications from 22 crypto trading platforms, including four exchanges that had applied under the SFC’s previous opt-in regime for crypto trading platforms. Best Wallet – Overall Best Decentralized Exchange. It’s also one Apr 20, 2022 · With the rise of crypto millionaires flooding social media feeds and the global adoption of cryptocurrencies, a new form of scamming prevails - fake cryptocurrency exchanges - luring new investors looking to be part of the winnings. Scammers often create counterfeit cryptocurrency trading platforms or imitate official crypto wallets to deceive people. A crypto exchange going bankrupt does not mean a customer’s funds are entirely irretrievable. Aug 23, 2024 · A fake crypto exchange typically operates by disguising itself as a legitimate platform to deceive users into depositing their funds. To select the best crypto exchanges and trading platforms in 2024, we rated them based on the number of available coins, trading fees, trading tools, user experience, security, reputation, and more. Alternatively, social media influencers might tout new and potentially fake crypto and encourage users to sign up or send them payments that they might multiply. Gox was the first major crypto exchange to go bankrupt in 2014 following a significant crypto hack and loss of funds. For security reasons, p2pb2b stores 95% of its users’ assets on cold wallets. Cryptocurrency scams list. Fake Crypto Exchanges. Dec 26, 2023 · Here is an in-depth exploration of how fake cryptocurrency exchanges operate: 1. List May 20, 2023 · Among identified crypto attacks, cryptocurrency exchanges emerged as the most susceptible targets for cybercriminals, with 27% of the attacks directly aimed at these organizations. There are many types of crypto scams. In March 2022, crypto hackers stole over $615 million in ETH and USDC from Axie Infinity’s Ronin Network. Oct 16, 2023 · Born in 2017, Turkish crypto exchange Thodex made headlines in 2021 when it disappeared with investors’ funds amounting to over $2 billion. and select Asian Pacific jurisdictions, U. Fake wallets and exchanges. Off-platform crypto scams. Apr 22, 2021 · How to Avoid Fake Crypto Exchanges. 19%) believe all crypto exchanges will be regulated as traditional financial institutions by 2030. The list below includes our picks for the best crypto exchanges, online brokers and platforms. In most Fake Cryptocurrency Exchanges Sites. According to a report by several Chinese colleges, there were at least 1,500 scam domains (webpages) and 300 fake apps promising to exchange cryptocurrencies by 2020. These fraudulent platforms masquerade as legitimate exchanges, luring unsuspecting investors with promises of sky-high returns and innovative services. Plus500 Review. Jan 3, 2024 · In reality, these could be bots trying to lure you into a social media scam. A crypto exchange is a marketplace where users can buy and sell popular cryptocurrencies. Morgan Wealth Management is a business of JPMorgan Chase & Co. Sophos Group has identified 167 counterfeit Android and iOS apps used by attackers to steal money. It serves all U. If the exchange appears on a list of fake or questionable exchanges, it’s better to move on. As the counterfeit or scam tokens can easily make their way to a DEX, investors who haven’t done their due diligence might purchase these instead of the legitimate crypto. Lastly, scammers list fake jobs related to crypto on job sites, offering jobs to help recruit investors, sell or mine cryptocurrency or convert cash to crypto. 85 BTC in their bitcoin wallet. They will shut down the site and make off with all the users’ funds. Best For: Crypto CFD. A Chinese American who immigrated to the United Jul 3, 2024 · Another common crypto and Bitcoin scam is the use of fake crypto exchanges, apps, wallets, or other platforms to steal user funds. Crypto exchanges can be classified into three types: You can also use CoinCarp’s Exchange Ranking list to compare different crypto exchanges based on their liquidity, scale, cybersecurity, and compliance. Faruk Fatih Özer, the exchange’s founder, initially cited cyberattacks as a concern, assuring investors of their funds’ safety. Best Crypto Exchange for Crypto CFDs: Plus500. 15. Fake cryptocurrency exchanges are a prevalent scam that lures investors with the promise of unbeatable rates, low fees, or exclusive access to new coins. Jun 23, 2023 · New fake exchanges show up daily, so it’s worth checking a list of fake crypto exchanges while researching a new potential exchange. A crypto exchange serves as a marketplace where individuals can engage in the buying, selling, and speculating on various cryptocurrencies. Do some research and check industry sites for details about the exchange's reputation and legitimacy before entering any personal information. However, after they make their deposits, investors discover that they have fallen Sep 8, 2022 · Updated RBI Alert List (Full List of Apps and Websites Unauthorised for Forex Transactions in India 2023): The Reserve Bank of India on June 7 updated the Alert List of unauthorised forex trading Feb 2, 2020 · Crypto Scam List – Last Updated: December 25, 2023 Below is a list of websites and trading companies involved in fraudulent activities using cryptocurrency. These handpicked exchanges do not require customers to complete KYC (Know Your Customer) verification, making them an ideal choice for those seeking to trade cryptocurrencies anonymously. Over one-third of our panelists (35. 3% of Poloniex’s Bitcoin supply Aug 6, 2024 · 22. Dec 12, 2022 · This list contains the 10 best anonymous cryptocurrency exchanges without KYC verification to start buying crypto or trading. Since the website domain names closely resemble those of well-known exchanges, users are easily misled and begin using these platforms. However, they do carry some fundamental security risks. At the same time, fake crypto exchanges by scammers have been emerging to lure unsuspecting traders. China Briefing has all the details. It's an established exchange for trading crypto and is supported in 200+ countries. (WDA), which is a restricted dealer operating under time-limited registration through the Canadian Securities Administrators’ Regulatory Sandbox. Jan 3, 2024 · Crypto exchanges can be targeted for hacks due to the vast amounts of assets they hold, vulnerabilities, inadequate security measures, or internal malpractices which may lead to unauthorized withdrawals, data breaches, or other exploitations. Please use this information to protect yourself and your assets from financial scams and fraud. Read on to find out more about common crypto scams, how to spot them, and how to avoid them. They were already suspicious of the activity and delaying the purchase. Additionally, consider any public-facing names, such as the CEO or other C-suite executives. 9. 7 Billion, a -20. They might even send unsolicited job offers related to crypto like jobs helping recruit investors, selling or mining cryptocurrency, or helping convert cash to crypto. These may mimic a real online exchange or wallet, but can work in different ways: Dec 29, 2022 · The list includes Tahoe Digital Exchange, TeleTrade Options, Tony Alin Trading Firm, Hekamenltd/Tosal Markets Limited, Trade 1960, Yong Ying Global Investment Company Limited, Unison FX, VoyanX Scammers list fake jobs on job sites. You can buy and sell Bitcoin on practically all cryptocurrency exchanges, but some exchanges list hundreds of different cryptocurrencies. Fake Crypto Exchanges: The Trap of Unrealistic Offers. Total tracked crypto exchange reserves currently stands at $178 Billion. Currently, the 3 largest cryptocurrency exchanges are Binance, Bybit, and Coinbase Exchange. Below the table is a glossary explaining the structures for common scams. In March 2014, hackers stole 97 BTC, or 12. The deal was canceled and I got my money back. Sep 1, 2023 · ‘Pig butchering’ crypto scams. On January 17, around 483 customer accounts were compromised according to reports. These scammers then reel in investors by promising free bitcoin (BTC), for example, to get them to sign up for their exchanges. The scammer creates a legitimate-looking YouTube livestream, often Jun 3, 2022 · The FTC’s new data spotlight shows crypto is a common way for scammers to steal money, with over 46,000 people reporting losing more than a billion dollars in crypto to scams since the start of 2021. May 10, 2024 · Fake Crypto Exchanges and Crypto Wallets “If you browse your social media handles, you will come across sites that advertise cheap Bitcoin (BTC),” says Martin Leinweber, digital asset product How fake crypto exchange scams work; How to stay safe; Summary; Scammers will always try to get as close to you and your funds — whether in crypto or fiat — as they can. The scammers claim to organize a giveaway where users are promised massive returns if they send only a small amount of cryptocurrency as a participation fee or verify their eligibility. Copycats. Nov 21, 2023 · Generally speaking, these scams take place via fake Telegram channels or groups that impersonate well-known figures or projects in the crypto space. Scam exchanges often lure users with a celebrity endorsement, unsolicited phone calls, or emails promising extraordinary returns on investments. A common crypto trading scam involves setting up a fake crypto exchange with the express purpose of stealing customer deposits. Welcome to r/scams. May 25, 2024 · No-KYC Crypto Exchanges: The Ultimate List This comprehensive guide gives you access to over 60 of the best Non KYC crypto exchanges in the blockchain industry. The post or message might be from a friend whose account got hacked. Advertisement Coinbase Aug 19, 2024 · To help you make an informed decision, here's a list of the top-rated exchanges and crypto apps today. Best for: Cryptocurrency selection As one of the largest U. Fraudsters sometimes create fake versions of official cryptocurrency wallets or crypto exchanges to trick users. Jan 31, 2022 · Scammers create fake cryptocurrency trading platforms or fake versions of official crypto wallet to exploit victims. Here's how fake exchange scams typically work: Aug 28, 2024 · INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE. 76 % Volume 24h. The exchange accepts 48 fiat currencies, such as USD, AUD, GBP, EUR, and CNY. , which Oct 28, 2019 · Poloniex is another major crypto exchange that was unfortunate enough to find its place in a long list of victims. p2pb2b is an Estonian crypto exchange, established in 2014. These fraudulent websites typically use domain names that slightly differ from legitimate ones, making it challenging to distinguish them at first glance. In these scams, fraudsters sometimes create fake websites that typically have domain names that are extremely similar to the ones they are trying to imitate, making it tough to tell them apart. ic3. SimpleSwap It offers its customers a great choice of cryptocurrency (more than 900 coins), fast transactions and the possibility to take part in the loyalty program and invite system. Feb 24, 2022 · Scammers create fake cryptocurrency trading platforms or fake versions of official crypto wallet to exploit victims. 3. It is our hope to be a wealth of knowledge for people wanting to educate themselves, find support, and discover ways to help a friend or loved one who may be a victim of a scam. Jan 12, 2022 · 6 Ways to Detect Fake Crypto Exchange Websites The crypto-verse has been steadily becoming more and more widespread during the past few years now. Some of the most common include: Fake websites. Terra Classic Price Prediction- Will LUNC Hit $1？ Binance Learn and Earn Quiz Answers – LDO, WOO, QI Quiz Answers Aug 28, 2024 · List of crypto scams and scam alerts. How can users protect their crypto wallets from fraudulent activities and hacks? There are three main types of crypto scams: investing in a fake crypto exchange, website or app; fake crypto products or jobs trading crypto; using crypto to pay scammers; Fake trading platforms or fake crypto wallets. May 1, 2024 · Wealthsimple Crypto is a registered crypto trading app in Canada that offers a simple, easy-to-use interface for trading and staking crypto. But these so-called “jobs” only start if you pay a fee in cryptocurrency. 2. Aug 1, 2024 · I’ve detailed below the common crypto scams that are the biggest threat to everyday crypto traders: 1. It includes fake crypto exchanges, fraudulent investment companies, forex, recovery, romance and pig butchering scams, and crypto rug pulls that have been reported in recent years. If you've been a victim of a crypto scam, or know of a fake exchange or platform that needs adding to this list, get in touch. The biggest crypto exchange to go bankrupt was FTX, which peaked at $21 billion in daily trading volume. Fake exchanges use unrealistic promises like guaranteed high returns, “risk-free” trading, or extremely low trading fees to entice victims to sign up. With emerging markets come scams and bad ac 3 days ago · You likely want a crypto exchange. Aug 24, 2021 · A slew of recent articles has demonstrated that the issue of crypto exchanges faking trading volumes is not going anywhere. Pro-tip: If you’re looking for a legitimate place to buy or trade crypto, check out our list of the best cryptocurrency exchanges. Many crypto scams begin with ads, posts, or messages on social media. Apr 2, 2024 · Traders lost $2B in 2023 and $4. The crypto scams lists that you can Aug 29, 2024 · Kraken is one of the oldest U. By creating fake crypto exchange websites, scammers can either steal the assets of unsuspecting users or use the site to fetch sensitive information. Just as financial criminals will try to steal money from your bank account or put fraudulent charges on your credit card, crypto scammers will do anything to Feb 23, 2024 · Consult a reputable fake list of cryptos for scam verification. It is a global financial brokerage that was established in 2007 and provides a financial trading and investing platform that includes a variety of markets such as Crypto, ETFs, Stocks, Indices, Commodities, and Forex. Employment offers and fraudulent employees Sep 18, 2023 · Best Crypto Exchange to Trade with Leverage. Phishing attacks. They ask you to pay a fee in crypto to start the job and send you a Jul 20, 2024 · The first crypto exchange to be hacked in 2022, Crypto. Mar 16, 2022 · #2 | Kraken: Regulated in the U. Here, you will be asked to follow a link and once you click on it, you may be tricked into providing your info or even installing a virus. A. -based cryptocurrency exchanges, Coinbase is a user-friendly digital marketplace offering hundreds of Nov 23, 2023 · The site was a fake version of a legitimate crypto exchange called BigONE. There are two ways scammers use illicit crypto exchanges to dupe crypto holders. Jun 29, 2024 · Cryptocurrency scams take many forms. May 2, 2024 · eToro is first on our list of the best demo accounts. The app is exceptionally well-designed and features an intuitive interface that makes buying crypto with fiat a breeze. $2,118,994,579,743 0. How to recognize and stay away from fake crypto exchanges? Fake crypto exchanges are platforms that pretend to be legitimate exchanges, but are actually designed to scam users out of their funds. 2B in 2022 to cryptocurrency scammers. So-called "off-platform" crypto scams are those that, as the name suggests, will guide you outside the initial chain. To avoid scams, always use well-known and regulated exchanges, check for user reviews, ensure the exchange has proper security measures in place, and verify its legal May 17, 2021 · Once crypto is purchased it pretty much untraceable. Jul 2, 2019 · A new report by Alameda Research, a 20-person crypto trading firm with offices in Hong Kong and Berkeley, California, reveals a clever set of tricks used by crypto exchanges to fabricate volume. Tradable coins: 1,000+ Minimum deposit Aug 28, 2024 · Top Crypto Exchanges Coinbase. Fake and unregulated cryptocurrency exchanges scam potential victims by posing as legitimate exchanges. Crypto exchanges act as a link between buyers and sellers of digital currencies like Bitcoin. Copycats are often fake Telegram channels or Apr 9, 2024 · Spoofing is when a fake version of a legitimate crypto project is created, with most traits, UI, and other elements mimicked. Check Daily Performance of Cryptocurrency Exchanges with CoinStats. states except for New Mar 11, 2024 · Mt. Mar 10, 2022 · Fake Cryptocurrency Exchanges. One of the places where web3 participants are at their most vulnerable is centralized exchanges (CEXs). This platform offers a solid range of coins with very competitive trading fees. Compare all 185 top crypto exchanges. A quick thread on spoofing: Jan 26, 2024 · It started with a ban on local cryptocurrency exchanges in 2017 and slowly progressed to a complete ban on all things crypto-related in September 2021. Our team of experts took time to analyze the best crypto exchange options on the market for US crypto investors. However, he soon became elusive. To get this money out of their wallet, victims first need to transfer 0. These platforms ensure tight spreads, transparent fees, and efficient order execution, which are crucial for optimizing trading strategies amidst market volatility. Get expert tips and insights to protect your assets from crypto scams list. Fake Crypto Exchanges and Wallets. Crypto Scam Tracker. Impersonation and Branding: a. offer low-spread trading, a wide array of pairs, and robust crypto market liquidity. CoinMarketCap: Cryptocurrency Prices, Charts And Market Aug 27, 2024 · 7. In addition, the sample taken for the study includes thousands of victims. J. Here is a Cryptocurrency Scammer List of 2022. Mar 11, 2024 · However, crypto transaction fees are 1. This is an educational subreddit focused on scams. gov or contact your local FBI Field Office and provide as much transaction information as possible. Search the table below by company name, scam type, or keywords to learn about the specific complaints the DFPI has received. 3 days ago · Best Crypto Exchanges and Apps for June 2024 May 31, 2021 · Scammers are leveraging fake apps to steal money in the name of cryptocurrencies. Unfortunately the price of crypto fluctuates, and in the transaction I lost $100+, but I consider myself fortunate. In many cases they will also create deepfakes of known crypto or tech leaders to feign social proof and endorsement of the platform. Fake Bitcoin trading platforms and exchanges. Scammers sometimes create fake cryptocurrency trading platforms or fake versions of official crypto wallets to trick unsuspecting victims. Mar 22, 2024 · Fake Exchanges: As the name implies, fake exchange scams involve the creation of fraudulent cryptocurrency exchanges designed to steal money from unsuspecting users. P. Mar 4, 2024 · The websites are listed on the SFC’s official crypto alert list alongside other fake websites impersonating other crypto exchanges like MEXC. I managed to contact the crypto seller who was in London UK. The list is ranked by trading volume. Dec 18, 2022 · Also, in February, IRA Financial Trust lost $37 million after hackers accessed the master key on the Gemini crypto exchange. K. Jan 5, 2022 · There are different kinds of fraud in the digital market, including fake crypto exchanges. See our list of cryptocurrency exchanges ️ Ranked by volume ️ Binance ️ Coinbase Pro ️ Huobi ️ Kraken ️ Bithumb ️ Bitfinex ️ And many more ️ Top Crypto Exchanges Ranked by Market Cap. 1. Aug 7, 2023 · But when they are opened, they contact a remote URL that loads a CryptoRom fake crypto-trading interface prompting users to invest. How can you spot the red flags? There are a lot of crypto exchanges around the world that have gained great reputations among traders. They threaten to expose the victim’s private information unless they comply with their demands. Sep 3, 2024. 4 days ago · The best centralized crypto exchanges in September 2024: Binance - The best crypto exchange overall with high liquidity and a large selection of features; KuCoin - The best exchange for altcoin traders, lists more than 700 different coins May 24, 2024 · KuCoin is one of the foremost crypto exchanges in terms of automation tools and supported assets, making it a worthy addition to our list of the best crypto exchanges. com is one of the world's most popular crypto apps and well-known exchanges. Cryptocurrency investment scams. Jun 5, 2024 · The search did not yield a specific list of fake crypto exchanges. 266w; ACST; AE Coin; AI This list is compiled painstaking by our Crypto Chain University team and assisted by FortuneZ, comprising of scam Initial Coin Offering (ICO)s and other crypto services, all information, proofs, investigations below came from different people of Bitcointalk. Nov 7, 2022 · Scammers may also attempt to create fake versions of popular crypto exchanges or online wallets under similar domain names to get investors to log in with their credentials. Check the end of the article for a list of known fake crypto websites. 64% believe that crypto exchanges should be regulated, but less so than other financial trading platforms. Hackers stole $48 million worth of Cashio after the Solana protocol suffered an infinite mint glitch. crypto exchanges, founded in 2011 during crypto’s Paleolithic era. To steal funds from you, scammers will sometimes create fake crypto exchanges and wallets. S. The platform is offered by Wealthsimple Digital Assets Inc. In addition, the exchange has exceptional processing speed and doesn’t charge any trading fees. These fake sites tend to have similar, but slightly different domain names from the legitimate ones, sometimes making it hard for users to tell. Free Crypto No Deposit Bonus For Signing Up 2022. Scammers leverage personal information, such as compromising photos or videos, to extort victims into sending them crypto. [7] Evaluate feasibility: Companies assuring investors guaranteed returns or instant wealth are probable scams. Jul 27, 2022 · While the FBI doesn’t refer to fake crypto apps in the Apple App Store or Google Play Store in its latest warning, similar principles apply. These fake exchanges often mimic the design and functionality of legitimate exchanges to trick users into depositing funds. Mimicking Legitimate Exchanges: Fake cryptocurrency exchanges excel at impersonating well-known and reputable platforms. It includes Bitcoin scams, Cryptocurrency scams, fake ICO’s as well as Forex crypto scams and other trading companies that are involved in fraudulent activities using cryptocurrency. Today, we will go through the ultimate list of fake crypto exchanges, shed light on the common tactics used by these fraudulent platforms, and provide some valuable tips and strategies to help you identify and avoid falling victim to these scams Jan 10, 2024 · Stick to known crypto exchange markets -- such as Coinbase, Crypto. These fake platforms often look identical to legitimate ones, making it difficult to distinguish them from the real thing. 5. Blackmail and Extortion Scams. Jan 1, 2023 · FBI Guidance for Cryptocurrency Scam Victims. Sep 8, 2021 · Users that create an account for the fake cryptocurrency platform will see that there is 28. The cybercriminals exploited the exchange’s hot wallet system, accessing one of the four hot wallets that held 5% of all assets held by the exchange. Aug 15, 2024 · 1. 09% don't believe that crypto exchanges should be regulated to the same degree. One of the pros of Revolut is its ease of use. Jan 18, 2023 · One scam unique to social media comes from YouTube, where people set up fake livestreams to bilk viewers out of their crypto. Namely, if you’re searching for the app of a crypto-exchange or crypto-related service in one of these stores, check that any you find is really the app you’re looking for. The 71-year-old man works in a home improvement store and lives alone. This 2024 guide to comparing crypto exchanges lists the best platforms with the largest volumes and lowest fees in the UK. There are many cryptocurrency scammer and scams lists around, including our very own fake crypto investment platform list which is regularly updated. 61% change in the last 24 hours. Feb 22, 2024 · Fake Crypto Exchanges. Scammers may tempt investors by promising spectacular crypto and possibly even some more Bitcoin. Its main currencies are BTC, ETH, and USD. 99% per trade – far higher than the other crypto exchanges on our list. Apr 21, 2019 · p2pb2b – Our Partners of Crypto Exchanges in Europe. If you believe you or someone you know may be a victim of a cryptocurrency scam, immediately submit a report to the FBI Internet Crime Complaint Center (IC3) at www. Fake Initial Coin Offerings (ICOs) Ponzi schemes. They function similarly to online brokerages, allowing the purchase of cryptocurrency with fiat currency and the exchange of cryptocurrencies among users. In Apr 25, 2023 · Or, they direct you to a cryptocurrency ATM and give you step-by-step instructions on converting money into crypto. Many of these are pig butchering or romance scams. You’ll find 5 of the best exchanges based on factors like security, low fees, and customer protection. Dec 1, 2023 · Yes, there are many fake crypto exchanges. This list of crypto scams will be updated regularly. And its notorious volatility is the least of your worries. fymeomaqjboaclqupecuqcuxgtqduyjjcbdhgbthizkkwmkmqhyvyowo