There is no such thing as the Echobit crypto exchange, a non-existent platform often confused with real exchanges due to fake websites and scam ads. Also known as Echobit exchange, it’s a phantom name used by phishing sites to steal login details and crypto funds. If you’ve seen it advertised as a new or hidden gem, you’re being targeted. Real crypto exchanges don’t hide behind vague names or promise unrealistic returns—they publish clear terms, support contacts, and regulatory status. Echobit has none of that.
What you’re likely seeing are copycats of real platforms like Metal X, a once-regulated U.S. exchange now revived as a zero-fee DEX, or Syncswap, a DEX on the Scroll chain with known liquidity issues. These are actual platforms with public histories, user reviews, and documented risks. Echobit has zero public records, no team, no documentation, and no trace on blockchain explorers or exchange aggregators. It’s not a mistake—it’s a trap.
Scammers love names like Echobit because they sound technical enough to fool beginners. They’ll use fake testimonials, cloned logos, and fake Twitter accounts to make it look real. But real exchanges don’t disappear after you deposit. They don’t ask for your seed phrase. They don’t pressure you with countdown timers. If a platform doesn’t show up on CoinGecko, CoinMarketCap, or Trustpilot, it’s not legitimate. Look at the patterns in the posts below: EQONEX shut down after bankruptcy. TOPBTC vanished without warning. Metal X was revived with full transparency. The difference isn’t luck—it’s verification.
You don’t need to chase ghost exchanges. The real opportunities are in platforms that publish their audits, list their team, and answer questions publicly. Whether you’re trading spot fees on Binance, swapping stablecoins on xSigma, or exploring Layer 2 DEXes like Syncswap, there are dozens of verified options with track records. Echobit isn’t one of them. The fact that it doesn’t exist is the biggest red flag of all.
Below, you’ll find real reviews of exchanges that actually operate—some thriving, some defunct, all documented. Learn what to look for, what to avoid, and how to protect your assets from the next fake platform trying to steal your crypto. This isn’t about finding the next big thing. It’s about not losing everything to something that isn’t even real.
Echobit is a high-speed crypto exchange with 125x leverage and advanced MPC-TSS security, ideal for experienced traders in the U.S. and Canada. Not for beginners or those needing fast support.