AVOID buying coins which are listed only on these two exchanges!
This is my personal experience and research from past 1 year! This is not a financial advise.
1. Mexc
2. Bitget
These two exchanges are the biggest platforms for listing scam coins!
Recently Bitget listed a meme coin on Solana "BIBO". they trapped investors and with in days delisted BIBO coin without using any ST Tag.
Mexc exchange is known for listing scam/unknown meme coins every day. once listed, price pumps nd then down by 99.99% and after a few weeks/months they ll delist them.
AFTER delisting, from these exchanges, there are three problems!
1. COINS cannot be send to another exchange as they are not listed anywhere else
2. Withdraw limit is always more than the holding amount!
3. Due to 99.99% drop in prices, the Withdraw fees is more than the holding price
so, investors funds are stuck forever!