To avoid a crypto exchange scam: never trust rates that look too good to be true, verify the exact domain, use services with a real track record and reviews, and send a small test amount first. If anything pressures you to rush, stop.
Common scam patterns
- Impossible rates. A quote far better than everyone else is bait to get your deposit.
- Fake clones. Look-alike domains and copied designs that harvest deposits. Check the URL character by character.
- Phishing "support". Nobody legitimate will DM you first asking for keys, seed phrases or a "verification transfer".
- Pressure and countdowns. Artificial urgency exists to stop you from checking.
Pre-swap checklist
- Confirm the domain is the real one, not a look-alike.
- Check the service's rating and independent reviews — the exchangers catalog shows ratings from verified feedback.
- Compare the rate against the market; extreme outliers are a warning, not a deal.
- Read the limits, fees and network before sending.
- Send a small test amount, confirm receipt, then move the rest.
Golden rule: your seed phrase and private keys are never needed to receive a swap. Anyone asking for them is trying to rob you.
Choose vetted tools
Using an aggregator reduces risk because unreliable services are filtered out and offers are ranked by reputation. For wallets and supporting tools, start from a curated list like our recommendations rather than a random search result.
FAQ
How can I tell a fake exchanger from a real one?
Check the exact domain, look for a genuine review history, and be suspicious of rates that beat the whole market. Test with a small amount first.
Is a no-KYC service less safe?
No — safety depends on reputation and transparency, not on whether it asks for ID. Reputable no-KYC exchangers are widely used.
I think I was scammed. What now?
Stop sending funds, keep all transaction IDs, and report it. On-chain transactions cannot be reversed, so prevention is everything.