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LongBit Review: What It Is, Why It’s Not Real, and How to Spot Fake Crypto Exchanges

When you hear LongBit, a supposed crypto exchange that doesn’t exist. Also known as LongBit Exchange, it’s one of dozens of fake platforms designed to steal your private keys and funds. There’s no official website, no team, no blockchain activity, and no verified listings on CoinMarketCap or CoinGecko. If you see ads promising high returns on LongBit, you’re being targeted by a scam.

These fake exchanges follow the same playbook: they copy names from real platforms, use stock images of trading dashboards, and flood social media with fake testimonials. They lure you in with promises of zero fees or instant withdrawals, then disappear once you deposit crypto. Real exchanges like Poloniex, a once-popular platform that stopped serving U.S. users, or Shadow Exchange, a fast, low-fee DEX on the Sonic blockchain, publish audits, support teams, and clear terms of service. LongBit does none of that.

Scammers don’t just target beginners. Even experienced traders get fooled when fake sites look professional. The key is to check for three things: Do they have a verifiable company registration? Is there a public team with LinkedIn profiles? And does their domain match their official social media? If the answer is no to any of those, walk away. Platforms like Bitsonic, a Korean-only exchange with no English support and Libre, a Bitcoin-focused exchange with minimal oversight, may be niche or risky—but at least they’re real. LongBit isn’t even on the map.

You’ll find plenty of posts here that expose similar fakes: AnimeSwap on Sui, CFL365 Finance, CovidToken, and more. Each one follows the same pattern—no substance, no transparency, no future. What makes LongBit dangerous is how easily it blends in with real platforms. But once you know what to look for, you’ll spot them in seconds. Below, you’ll find real reviews of actual exchanges, airdrop scams, and security pitfalls. No fluff. No hype. Just what you need to keep your crypto safe.