How can you tell a fake crypto exchange?
How can one distinguish a fake crypto exchange amidst the sea of platforms? Are there specific red flags or indicators that immediately alert one to the possibility of fraud? Do they typically share any common characteristics, such as lack of regulation, suspicious transaction practices, or hidden fees? What kind of due diligence should investors perform before entrusting their funds to any crypto exchange? And how can one protect themselves from falling prey to such scams? Understanding these questions and their answers is crucial in the increasingly complex world of cryptocurrency trading.