Greenhouse Exchange Scam: How to Spot Fake Crypto Exchanges and Avoid Losses

When you hear about the Greenhouse exchange scam, a fraudulent crypto platform designed to trick users into depositing funds that are never returned. It's not an isolated case—it's part of a growing wave of fake crypto exchanges, shady platforms that mimic real ones to steal private keys, passwords, or outright cash. These scams often appear on social media, YouTube ads, or Google search results with polished websites, fake testimonials, and promises of high returns. The truth? They vanish overnight, leaving users with empty wallets and no recourse. Many victims don’t realize they’ve been scammed until they can’t log in, withdraw, or get a reply from support. And by then, it’s too late.

These scams rely on one thing: trust. They copy the branding of real exchanges like Binance or Coinbase, use fake KYC verification screens, and even create fake Twitter accounts with blue checks to look legit. Some even hire actors to pretend to be customer service reps in live chats. The crypto exchange fraud, a deliberate deception where a platform pretends to facilitate trading but instead siphons off user assets usually starts with a small deposit. If you get your first withdrawal approved, it’s a trap to lure you into putting in more. Once you do, your funds disappear. No refunds. No legal help. Just silence. Even worse, some of these sites steal your wallet seed phrase during login, giving them full control over every asset you own.

You don’t need to be a tech expert to avoid these traps. Real exchanges don’t cold-message you on Telegram. They don’t promise 10x returns overnight. They don’t ask you to send crypto to a new address they created for you. If a platform has no clear team, no audit reports, no real social media presence, and no listing on CoinGecko or CoinMarketCap, walk away. The phishing exchange, a malicious site designed to mimic a trusted service and steal login credentials or wallet access often uses URLs that look almost right—like greenhouse-exchange.com instead of greenhouseexchange.io. One letter. One typo. That’s all it takes.

Check the domain registration date. If it was created last week, it’s not a legitimate business. Look for community feedback on Reddit or Trustpilot—real exchanges have thousands of reviews. Scams have none, or only glowing reviews posted in the last 24 hours. And never, ever connect your wallet to a site you don’t fully trust. Even if it looks real, if it’s not on the official list of supported exchanges from the project you’re dealing with, it’s a risk.

The posts below expose real cases of abandoned platforms, fake exchanges, and crypto projects that vanished overnight. You’ll see how Greenhouse fits into a pattern—how other scams like GemSwap, Lifinity, and WenPad Labs operated, what signs they shared, and how users lost everything. This isn’t theory. These are real stories with real losses. Learn from them before you become the next headline.