yes you are right you must be careful with fake exchange places and make sure you can find information about the exchange place when you want to sell or buy cryptocurrency using your capital.
We really need to be careful about choosing a good exchange because if we fall into a fake exchange we can maybe loose a huge amount of profit. I believe that we need to choose a proven and tested exchange because there are so many scam on the crypto feild and we can really loss a big amount if we are going to ingage on fake exchange.