When a dead crypto exchange, a cryptocurrency trading platform that has shut down permanently, often leaving users with no access to their funds. Also known as a failed crypto exchange, it’s not just a website going offline—it’s a financial loss, a broken promise, and sometimes a criminal act. This isn’t rare. Over 100 crypto exchanges have vanished since 2017, and many more are barely hanging on. You might think it’s all about hacking or bad luck, but the truth is simpler: most die from neglect, poor management, or outright fraud.
Crypto exchange shutdown, the process by which a trading platform ceases operations, often without warning or compensation to users. It usually starts with small signs—slowing withdrawals, disappearing customer support, or sudden fee hikes. Then comes silence. Take Ultron Swap, a decentralized exchange on the Ultron blockchain with minimal trading volume and no active community. It’s not officially dead, but it’s functionally gone—no updates, no users, no future. Same with ArbiDex Token, a low-liquidity crypto token on Arbitrum with almost no trading volume and zero exchange listings. These aren’t accidents. They’re predictable outcomes of platforms built to attract quick cash, not long-term trust.
Why do people keep falling for this? Because the shiny surface hides the rot. A new exchange might offer 100x leverage, zero KYC, or airdrops for signing up. But if you can’t find a real team, check their social media history, or verify their liquidity, you’re already in danger. The crypto platform collapse, the sudden and often chaotic failure of a trading service that leaves users unable to access assets doesn’t come out of nowhere. It’s built over months of ignored red flags: no audits, no transparent ownership, no regulatory compliance. Binance Singapore, for example, operates without MAS licensing—risky, but still alive. Contrast that with DueDEX, which offers 100x leverage but has one trading pair and no verifiable volume. Is it a hidden gem? Or a slow-motion collapse? You can’t know until it’s too late.
What’s left after a dead crypto exchange dies? Often, nothing. No refunds. No legal recourse. No public records. That’s why you need to know the signs before you deposit a single dollar. Look at the trading volume. Check if the team is real. See if the platform has been around for more than a year without major drama. If it’s too good to be true, it’s probably a zombie exchange—breathing, but not alive.
Below, you’ll find real reviews of platforms that barely survived, others that vanished, and a few that still hold up. These aren’t just stories. They’re warning labels. Learn from them before you lose your money to the next quiet shutdown.
BiONE crypto exchange is no longer operational and is considered dead or a scam. Learn why it failed, how to spot similar platforms, and which exchanges to use instead in 2025.