Post
Topic
Board Scam Accusations
Re: NexonBTC - fake exchange
by
The Pharmacist
on 27/04/2021, 12:00:15 UTC
You can open up their Terms of Use Page and compare it with Binance's Term page and see the similarities.
This is true, but unfortunately for various reasons a lot of people are not going to know to compare it to Binance or any other exchange's website--and that's what these scammers are counting on.  They don't need to keep their scam in business for a long time, nor scam millions of suckers.  They only need a couple large-value scams in order to make it worth their while.

It's got to be tough for newbies who don't know any better and are just looking for an exchange.  They come across one with a slick website like this one (NexonBTC) and don't realize it's a complete scam.  If you're a newbie reading this, do some research before picking an exchange and generally stick to the bigger ones like Binance, Coinbase, and even Kucoin.  The smaller ones are questionable, and brand new ones like this scam site are downright dangerous.