Guides · Cryptocurrencies
How to tell whether a crypto platform is trustworthy
In short: Check that it is registered or licensed with your country's regulator, that it is not on any official warning list, and that it clearly publishes its fees and company details.
The checks
Exact company name, country, registration, age, recent reviews. A platform that contacted you first is already a warning sign.
The FTX precedent
In 2022 FTX, then one of the world's largest exchanges, collapsed and its customers lost access to their funds. Even a big platform can fail.
Limiting risk
Don't leave very large amounts on a platform, and withdraw to your own wallet if you know how to secure it.