When you see a platform called BTCsquare, a crypto exchange that claims to offer fast trades and low fees but shows no public track record. Also known as BTC Square, it appears in search results with little more than a website and vague promises. But without verified trading volume, independent audits, or even a mobile app, it’s not a platform you can trust. Real exchanges like Binance or Kraken are tracked by CoinMarketCap, have millions of users, and publish regular security reports. BTCsquare has none of that.
What makes a crypto exchange dangerous isn’t just the lack of features—it’s the silence. No user reviews on Trustpilot. No Reddit threads discussing its reliability. No mention on CoinGecko or CoinMarketCap. If a platform doesn’t show up in the places where real users talk, it’s not because it’s new—it’s because it’s not real. This is the same pattern seen in Exonium, an untracked exchange that vanished after promising free tokens, and BunnyPark, a project with fake airdrop claims and zero liquidity. These aren’t coincidences. They’re red flags dressed up as opportunities.
You don’t need to be a crypto expert to spot a fake exchange. Check for three things: Does it have a live, verifiable trading volume? Does it have a mobile app with real downloads? Are there actual users talking about it outside of paid ads? If the answer to any of those is no, walk away. The crypto space is full of people looking to take your money with promises of easy gains. BTCsquare fits that mold perfectly.
There are hundreds of legitimate exchanges out there—some with low fees, others with strong security, and a few even offering educational tools. You don’t need to gamble on a name you can’t verify. The posts below cover real cases of fake platforms, how to spot them before you deposit, and what to do if you’ve already fallen for one. You’ll see how others got burned, what the warning signs looked like, and how to protect yourself next time. No hype. No fluff. Just the facts you need to stay safe.
BTCsquare claims to be a no-KYC crypto exchange with low fees, but its trading volume is near zero, making it unusable. No app, no support, no users - just a ghost platform.