When you hear LongBit crypto exchange, a platform for trading cryptocurrencies without strict identity checks. Also known as non-KYC exchange, it operates outside traditional financial oversight. This isn’t just another trading site—it’s part of a growing wave of platforms that promise speed, anonymity, and low fees. But here’s the catch: the same features that make them appealing also make them risky.
Most major exchanges like Upbit, Poloniex, and Bitsonic now follow strict KYC rules because governments forced them to. The crypto regulation, laws requiring exchanges to verify users and track transactions have tightened worldwide. Canada shut down TradeOgre for $40 million in seized crypto. South Korea hit Upbit with $34 billion in potential fines. These aren’t warnings—they’re punishments. And platforms like LongBit exist in the gray zone between freedom and lawlessness. If you’re using one, you’re trading without a safety net.
That’s why you’ll find posts here about exchanges that disappeared, tokens that vanished, and airdrops that never happened. These aren’t random stories—they’re lessons. Every time someone loses money on a fake platform or falls for a scam token, it’s because they trusted something that didn’t have audits, support, or legal backing. LongBit might offer fast trades and no ID checks, but does it offer protection? Most likely not. The real question isn’t whether you can trade there—it’s whether you should.
What you’ll find below isn’t a list of recommendations. It’s a collection of real cases—exchanges that got shut down, tokens with zero value, and airdrops designed to steal your keys. These posts don’t just tell you what went wrong. They show you how to spot the next one before it’s too late.
LongBit crypto exchange is not real-it's a scam. No legitimate records, audits, or user reviews exist. Learn how to spot fake exchanges and protect your crypto from phishing sites pretending to be real platforms.