TokenEco is not a legitimate crypto exchange - it's a confirmed scam. Learn how it steals funds, why it's banned, and which real exchanges you should use instead.
Fake Crypto Exchange: How to Spot Scams and Avoid Losing Your Crypto
When you hear about a new fake crypto exchange, a platform that pretends to let you trade cryptocurrency but is designed to steal your money. Also known as crypto scam exchange, it often copies the look of real sites like Binance or Coinbase—but there’s no team, no license, and no way to withdraw your coins. These aren’t just shady startups. They’re organized scams that vanish overnight, leaving users with empty wallets and no recourse.
How do they trick people? They use fake testimonials, cloned websites, and influencers paid to push them. You’ll see promises of 10x returns, zero fees, or exclusive airdrops. But if the site doesn’t list its company address, doesn’t have a verified support channel, or asks you to send crypto to a wallet address instead of trading on the platform, it’s a red flag. Real exchanges like Binance, Kraken, or Coinbase are regulated, audited, and transparent about their operations. A unregulated exchange, a platform operating without oversight from financial authorities. Also known as offshore crypto platform, it often hides behind offshore jurisdictions and avoids KYC checks—exactly what scammers rely on. The crypto scam, a deliberate deception to steal cryptocurrency from unsuspecting users. Also known as crypto fraud, it doesn’t just happen on fake exchanges—it shows up in fake airdrops, fake customer support, and even fake mobile apps that mimic real wallets. The most common trick? You deposit your crypto, and suddenly the site goes down. No emails answered. No refunds. No trace.
Look at what’s in this collection: BIJIEEX, SaitaSwap, CroSwap, SushiSwap v3 on Base—none of them are real trading platforms. They’re either misspelled names, dead projects, or outright fabrications. Even when a project sounds legit, like a DeFi exchange on a popular chain, if it has zero trading volume, no team info, and no audit, it’s not worth touching. You don’t need to be a tech expert to spot these. Just ask: Is this exchange listed on CoinGecko or CoinMarketCap? Does it have a public GitHub? Are there real user reviews from people who’ve actually traded there? If the answer’s no, walk away.
There’s no shortcut to safety in crypto. The only way to avoid losing money to a fake crypto exchange is to stick with platforms you can verify, not ones you’re told to trust. Below, you’ll find real reviews of platforms that looked promising but turned out to be dangerous—and the ones that are still worth your time. Learn from what went wrong, so you don’t become the next victim.