EZ Exchange crypto exchange review: Is it safe or just another scam?
There’s no verified record of EZ Exchange operating as a legitimate crypto platform in 2025. No official website, no regulatory filings, no user reviews on trusted sites like Trustpilot or Reddit, and no mention in any major crypto news outlets like CoinDesk or Cointelegraph. If you’ve seen ads for EZ Exchange promising high returns, low fees, or instant withdrawals, you’re likely being targeted by a scam.
Why EZ Exchange doesn’t exist
Legitimate crypto exchanges don’t disappear from public view. They register with financial authorities, publish security audits, list their team members, and maintain active customer support. Binance, Coinbase, Kraken - these platforms have been around for years. They have offices, legal teams, and public track records. EZ Exchange has none of that.Search engines return zero credible results for EZ Exchange. No YouTube tutorials. No Twitter accounts with verified badges. No GitHub repositories for their code. Even the domain registration records, if you check them, likely point to privacy-protected servers in offshore jurisdictions - a classic red flag.
How these scams work
Fake exchanges like EZ Exchange follow the same playbook:- They create slick-looking websites with fake testimonials and stock images of smiling traders.
- They run ads on TikTok, Instagram, and Google, promising 20% daily returns or free Bitcoin for signing up.
- They lure you in with a simple deposit process - no KYC, no ID checks, just send crypto and watch your balance grow.
- Once you deposit, the platform shows fake profits. You try to withdraw, and suddenly there’s a 10% "processing fee," then a "compliance hold," then a request for more funds to unlock your account.
- Eventually, the site vanishes. The support tickets go unanswered. Your crypto is gone.
This isn’t theory. In 2024, the U.S. FTC shut down over 200 fake crypto platforms. The European Union’s financial watchdog reported a 147% increase in crypto scam reports in 2025, with over 60% tied to non-existent exchanges like EZ Exchange.
What real exchanges look like
Compare EZ Exchange to a real platform like Kraken or Coinbase:| Feature | Legitimate Exchange (e.g., Kraken) | Fake Exchange (e.g., EZ Exchange) |
|---|---|---|
| Regulatory status | Registered with FinCEN, ASIC, or EU authorities | No registration, hidden ownership |
| Security audits | Publicly available third-party audits | No audits, or fake reports |
| Customer support | 24/7 live chat, email, phone | Delayed replies, bots only, no phone |
| Withdrawal times | Under 1 hour for verified users | "Processing" for days, then denied |
| Fee transparency | Clear fee schedule on website | Fees appear only after deposit |
| User base | Millions of active users | No verifiable users or reviews |
If you’re considering any exchange, check if it’s listed on CryptoCompare or CoinMarketCap. Both platforms only include exchanges that meet basic transparency standards. EZ Exchange doesn’t appear on either.
How to protect yourself
Here’s what to do before depositing any crypto:- Search the exchange name + "scam" or "review" on Google. If the first page is full of warnings, walk away.
- Check if the exchange is registered with a financial regulator. In the U.S., look for FinCEN registration. In Europe, check if it’s licensed by MiCA.
- Look for a physical address. If it’s a PO box or a virtual office in the Cayman Islands, that’s a warning.
- Try to contact support. Ask a simple question like, "What’s your KYC process?" If they reply in broken English or send a generic template, it’s fake.
- Never send crypto to an exchange you can’t verify. If you’ve already sent funds to EZ Exchange, stop. You won’t get it back.
What to do if you already lost money
If you deposited crypto into EZ Exchange:- Don’t send more money trying to "unlock" your account. That’s the next scam step.
- Report the platform to your country’s financial crime unit. In New Zealand, file a report with the Department of Internal Affairs.
- Notify your wallet provider. Some platforms can freeze transactions if acted on quickly.
- Share your story on Reddit’s r/CryptoCurrency or ScamAdviser. Others might be about to fall for the same trap.
Recovering lost crypto is nearly impossible. Scammers move funds through mixers and chain-hopping wallets within minutes. The only real win here is stopping others from getting hurt.
Stick to trusted platforms
There are dozens of safe, reliable exchanges you can use in 2025:- Coinbase - Best for beginners, regulated in the U.S. and EU
- Kraken - Strong security, low fees, supports 200+ coins
- Binance - Largest volume, but avoid Binance US if you’re in the U.S.
- Gemini - FDIC-insured USD balances, great for U.S. users
- Crypto.com - Good app, rewards program, regulated in multiple countries
All of these have public team pages, legal disclosures, and years of operating history. They don’t need to promise you riches. They earn trust by being transparent.
EZ Exchange isn’t a platform. It’s a trap. And traps don’t last long - they vanish the moment someone realizes they’re fake. But the damage they leave behind? That lasts forever.
Is EZ Exchange a real crypto exchange?
No, EZ Exchange is not a real or legitimate crypto exchange. There is no verified record of its operation, no regulatory registration, no public team, and no credible user reviews. It appears to be a scam platform designed to steal cryptocurrency deposits.
Why can’t I find EZ Exchange on CoinMarketCap or CryptoCompare?
Because EZ Exchange doesn’t meet the basic transparency standards required to be listed. Legitimate exchanges must provide proof of registration, security audits, and operational history. EZ Exchange provides none of this, so it’s excluded from all major crypto directories.
Can I get my money back if I sent crypto to EZ Exchange?
The chances of recovering funds sent to EZ Exchange are extremely low. Scammers use crypto mixers and multiple wallets to hide stolen funds within minutes. Your best action is to report the scam to your local financial crime unit and warn others to avoid it.
How do I spot a fake crypto exchange?
Look for red flags: no regulatory registration, no public team, fake testimonials, promises of high returns, no phone support, and pressure to deposit quickly. Always verify the exchange on CoinMarketCap or CryptoCompare before using it.
Are there any safe alternatives to EZ Exchange?
Yes. Stick with well-known, regulated exchanges like Coinbase, Kraken, Gemini, or Crypto.com. These platforms have years of operation, public security audits, and customer support teams. They don’t need to promise you quick riches - their reputation speaks for itself.
