iExchange not a real exchange: Fake crypto platforms and how to spot them

When you hear iExchange, a platform that pretends to be a crypto exchange but has no infrastructure, no liquidity, and no regulatory footprint. It's not a glitch—it's a trap. Many people stumble into these fake platforms thinking they’re signing up for a new way to trade. But crypto exchanges, legitimate services that match buyers and sellers with real order books, custody, and security audits don’t vanish overnight or disappear from CoinGecko. Real ones like Binance, Kraken, or even smaller regulated ones like Bitstamp have public teams, audit reports, and transaction histories you can verify. Scam exchanges, like iExchange, exist only to collect deposits, then freeze accounts or vanish with funds. They often copy names or logos from real platforms, use fake testimonials, and push urgency with phrases like "limited-time bonus" or "exclusive access."

These scams don’t just target beginners. Even experienced traders get fooled when the site looks polished, has a whitepaper, or claims to be "powered by AI." But if you can’t find a physical address, a registered company name, or a real support team that answers within 24 hours, it’s a red flag. Unregulated crypto platforms, those operating without any financial authority oversight like FINMA, FCA, or SEC are high-risk by default. And if the platform doesn’t let you withdraw even a single dollar after depositing, you’re already in a scam. Look at the posts below—many cover tokens and platforms that look real but have zero trading volume, no team, and no future. That’s the same pattern. iExchange isn’t an outlier. It’s part of a wave of fake services designed to drain wallets before anyone notices.

What you’ll find here aren’t just warnings. These are real case studies—tokens like BNB BUNNY, Poken, and Landwolf 0x67 that were pushed as investments but turned out to be empty shells. You’ll see how XueBi Crypto Exchange, another unregulated platform, was flagged for security gaps and fake claims. And you’ll learn how to check if a platform is real before you send a cent. No fluff. No hype. Just what works.