I have been able to recognize some scam exchange platform on the blockchain network. Recognizing them seems to be quite easy for me now as I have gone through some tests and have tried them out successfully before taking the next step, that is, reviewing one. After going through all these tests and haven then come out successfully, I decided to proceed into reviewing one of these scam exchange platforms.
The first one I discovered was the ZBTCEX exchange platform. This is a centralized exchange platform, as the CEX stands for centralized exchange platform that is a scam project. I discovered this mainly by the fact that the exchange platform went out of existence without notifying the people who actively use their site. With this, they were able to get some traders funds falsely and is presently put of service.
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