When you hear GJ Exchange, a crypto trading platform that’s been mentioned in forums and Telegram groups with no official website or registered company. Also known as GJ Crypto, it appears to be a phantom exchange—no domain, no support, no verifiable team, and zero trading volume on CoinGecko or CoinMarketCap. If you’re seeing ads or posts pushing GJ Exchange as the next big thing, you’re being targeted by a scam. Real exchanges don’t hide behind vague social media posts. They publish licenses, audit reports, and customer service contacts. GJ Exchange has none of these.
Scammers love to create fake exchanges with names that sound similar to real ones—like CoinZoom, BICC, or CRODEX—then use them to steal deposits. Crypcore, a known fake exchange, was identical: no history, no reviews, just a flashy landing page and promises of high returns. GJ Exchange follows the exact same script. Look at the posts below—you’ll find other cases where users lost everything after trusting a platform that didn’t exist. These aren’t rare. They’re predictable. And they’re happening right now.
What makes these scams dangerous is how they mimic real ones. They use fake testimonials, cloned logos, and even fake YouTube tutorials. Some even create fake customer support chats that look real until you try to withdraw. Decentralized identity, a system that lets you prove who you are without handing over your data, could help prevent this—but most users don’t know how to check if a platform is real. The only reliable way? Look for third-party verification. Is it listed on CoinGecko? Does it have a registered business address? Are there real user reviews on Trustpilot or Reddit? If the answer is no, walk away.
Below, you’ll find real reviews of crypto exchanges that are either legit or clearly fake. Some, like CoinZoom and BICC, have real regulations and user experiences. Others, like Crypcore and GJ Exchange, are dead ends. You’ll also see how fake airdrops and phishing links tie into these scams. This isn’t theory. These are patterns. If you’ve been asked to send crypto to a wallet address for "access" or "verification," you’re already in the scammer’s net. Don’t wait to lose money. Learn how to spot the signs before it’s too late.