Hi everyone, can anyone tell me if there are fake crypto exchanges and how to avoid them?

Hello, yes, there are fake crypto exchanges out there that are designed to scam users into stealing their funds or personal information. To avoid this, users should use reputable and trusted exchanges, check for regulatory compliance, read user reviews, and be wary of platforms offering deals that seem too good to be true. Always check the credibility of an exchange before creating an account or depositing funds. A reliable crypto exchange should have a license in the first place.