📌【Newbie Anti-Fraud Manual】Avoid the 10 Pitfalls of Scam Exchanges, This Article Explains Everything!

The cryptocurrency market is booming, but it hides countless "exchange assassins" — your hard-earned money could evaporate the moment you enter the market!

🔍 Analysis of 3 Core Traps:

❌ Fund Transfer Trap: Deposits arrive instantly, but withdrawals face numerous barriers; essentially a "one-way bloodsucking";

❌ Profit Scam: Promises of "guaranteed profits" and "get rich quick" schemes, 99% are Ponzi schemes that use your losses to fill the holes;

❌ Liquidity Trap: Low fees attract users, but once a large number of users withdraw, the platform simply "vanishes into thin air."

🌟 Attached is a reliable exchange red list:

✅ Leading Exchanges: Binance (the largest global user base), OKEx (fully compliant licenses)

✅ Functional Platforms: Bybit (contract-friendly), Bitget (mature copy trading ecosystem)

✅ Best Value Options: Weex, Gate, Mexc (must thoroughly check merchant credibility!)

💬 Remember: There are no shortcuts in investing; choosing the right platform is the key to smooth trading! Stay away from small platforms, and start by checking their reputation and trading volume!