When you hear Coinhub.io, a now-defunct crypto platform that claimed to be a full-service exchange but was actually a fraud. Also known as Coinhub, it promised fast trades, low fees, and high returns—until it disappeared overnight in 2022, taking over $2 million from users. This isn’t an isolated case. Fake exchanges like Coinhub.io are designed to look real: they have professional websites, fake testimonials, and even fake customer support. But behind the polished surface, there’s no real infrastructure, no cold storage, and no legal compliance—just a quick exit plan.
What made Coinhub.io dangerous wasn’t just the theft—it was how it tricked people into thinking it was safe. It mimicked the UI of legit exchanges like Binance or KuCoin, used fake security badges, and even ran social media ads targeting new crypto users. The red flags were there if you looked: no verifiable team, no public audit reports, no licensed entity in any country, and withdrawal delays that turned into outright blocks. People lost money because they trusted the look, not the logic. And this pattern repeats with every new scam—exit scam, a type of crypto fraud where operators suddenly shut down a platform after collecting user funds—and fake exchange, a platform that pretends to trade crypto but never actually moves assets on the blockchain. These aren’t glitches. They’re business models built on deception.
So how do you protect yourself? Start by checking if a platform is listed on trusted aggregators like CoinMarketCap or CoinGecko. Look for real company registrations—search for the business name in government databases. If the site asks you to deposit directly to a wallet they control instead of using a verified trading interface, walk away. Real exchanges don’t need you to send funds to a random address. They don’t promise guaranteed returns. And they don’t vanish when you try to cash out. The posts below dig into real cases like Coinhub.io, BITKER, and others that vanished. You’ll see how they operated, what users missed, and how to spot the next one before it’s too late.
Coinhub.io is not a real crypto exchange - it's a scam site mimicking a legitimate portfolio tool. Learn the red flags, why it's dangerous, and which exchanges to use instead.