Crypto Exchanges to Avoid in 2026

Introduction

While crypto continues to grow, not every exchange deserves your trust. Some platforms have a long history of shady practices -- from fake trading volume to delayed withdrawals and outright scams.

Red Flags to Watch For

1. Fake volume -- Exchanges that inflate their trading numbers to appear larger
2. Withdrawal delays -- Consistent reports of slow or blocked withdrawals
3. No proof of reserves -- Refusal to show they actually hold user funds
4. Anonymous teams -- No public team or company registration
5. Unrealistic promises -- Guaranteed returns or excessive bonuses with no strings attached

How to Verify an Exchange

• Check CoinGecko or CoinMarketCap trust scores
• Read user reviews on Reddit and Trustpilot
• Verify proof of reserves if available
• Test withdrawals with small amounts first
• Check regulatory status and licenses

Our Trusted Recommendations

Stick with exchanges that have transparent operations, proof of reserves, and established track records. Check our exchange reviews for in-depth analysis of platforms we've personally tested.

Conclusion

Do your due diligence before depositing funds on any exchange. The few minutes you spend researching could save you from losing your entire investment.