I want to check if a website is a scam.

[Chillus]

I haven’t been earning cryptocurrency for very long. I’ve saved up a certain amount, part of which I want to keep in circulation and part I want to withdraw. I looked at different crypto exchanges, but many of them have fees that are way too high. I found one where the fee was suspiciously low. I’m wondering whether they might be scammers. You send them funds, and they might not return them. How can I check whether a website is a scam or not?

 

[Anthem]

Buddy, of course, if some service offers conditions that are exceptionally favorable for you rather than for them, it’s worth being cautious. In such cases, it’s either a scam or a service that’s just starting out and trying to break into the market that way. Even then, if they set fees, they’re usually only slightly lower than those of competitors. You should also check whether this exchange is listed on any aggregators. If it’s not, stay away. Or you can simply use a scam website checker: https://pr-cy.io/trust/ . It will clearly tell you whether the site is a scam or not.