It looks like they have a small volume with trades right now, but doesn't really look like a scam exchange. Does anyone here trade on topbtc? I doubt the exchange will be listed on coinmarketcap if it's a fake one, but the price does seem a little fishy.. They also claim to have free exchanges. I wonder how they make money
It does not at all and it is not a scam exchange compared to what the OP must have thought. At least they are trading, the volume is low and it must be a local exchange somehow. Nevertheless, why would anyone want to do arbitrage without being sure of the website they want to transfer funds too? That would be an extremely absurd thing to do.
Every other exchanges that are know today have started from trading small and look at where they are right now. I'm haven't done any trading on the a mentioned platform though, so I can't say if they are scam or not. My point being, they maybe small that why it arouses suspicions but let us give them sometime. Because if there are really a scam site they can easily be flag by a lot of traders who is member of our community.
See, not anyone knows topbtc and unless someone really experience to trade with that site and claims that it's really a scam or trusted site, we can really know for sure. Yes, its really hard to trust new exchanges, but if the intention is to really create another opportunity to trade and earn, why not?