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Comment by beeflet

2 days ago

The difference between a real crypto exchange and a scam crypto exchange is that you can actually withdraw your cryptocurrency from the exchange.

This nuance lost on the common cryptocurrency speculator given that they have no idea what cryptocurrency actually is or how it's supposed to work.

You might be able to do withdrawals on a scam exchange, and they might even hit your bank account.

The difference is that once the withdrawals become big enough, the exchange will start erroring out (or hit an account limit) and your friendly associate will vanish into the night.