When you hear crypto exchange warning, a signal that a platform may be unsafe, unregulated, or outright fraudulent. Also known as crypto exchange scam alert, it’s not just a caution—it’s a survival tip in a market where 1 in 5 platforms vanish without a trace. Most people think a shiny website and a flashy Telegram group mean legitimacy. They don’t. Real exchanges show public audits, clear team info, and verifiable trading volume. Fake ones? They show promises, pressure, and silence when you try to withdraw.
Look at Bitocto, an Indonesian exchange with no public audits or user reviews. Or TNNS PROX, a platform that froze withdrawals and faked its trading numbers. These aren’t outliers—they’re textbook examples of what happens when you skip due diligence. Even big names like OKX, a top global exchange with strict regional restrictions, block users in the U.S. and Canada not because they’re shady, but because they follow the law. That’s the difference: compliance versus chaos.
Red flags? No team names, zero transparency on fees, fake airdrops like LACE, a token with $0 volume and no exchange listings, or promises of guaranteed returns. These aren’t features—they’re warnings. Real platforms don’t need hype. They show their books. They answer questions. They let you test withdrawals before you deposit. And they don’t disappear when the market cools down.
What you’ll find below isn’t a list of bad exchanges—it’s a field guide to spotting them. From Nigerian platforms with no reviews to meme coin airdrops that never materialize, each post breaks down exactly what went wrong, who got hurt, and how to avoid the same trap. You won’t find fluff. Just facts, names, and real outcomes. Know what to avoid. Know who to trust. And never let a logo be your only filter.
NUT MONEY is not a legitimate crypto exchange-it's a scam. No licenses, no security, no withdrawals. Learn the red flags and how to protect your crypto from this high-risk fraud.