Play Royal Exchange: Is It Real or a Scam? What You Need to Know

When you hear Play Royal Exchange, a name that sounds like a legitimate crypto trading platform but has no official website, user reviews, or regulatory presence. Also known as Royal Play Exchange, it’s one of many fake platforms designed to look real so you’ll deposit your crypto—then disappear. This isn’t a glitch or a new startup. It’s a trap. No one runs it. No one supports it. No one even claims to own it. If you found it on a forum, social media, or a shady ad, you’re being targeted.

Scammers love names like this because they borrow trust from real brands. They mix words like "Play," "Royal," and "Exchange" to sound fancy and official. But real exchanges like DeDust, a verified DEX on the TON blockchain with active users and transparent tokenomics, or Raydium, a Solana-based exchange with public liquidity data and community feedback, don’t hide. They have websites, support teams, and public records. They don’t need to trick you into finding them. They’re already listed on CoinGecko, CoinMarketCap, and trusted crypto forums.

What you’ll find in this collection are real stories of platforms that vanished—like Bitsdaq, a once-active exchange that shut down in 2025 with zero communication to users, or EtherMuim, a fake Ethereum exchange built only to steal funds. These aren’t edge cases. They’re the norm. Every year, dozens of fake exchanges pop up, using names that sound just plausible enough to fool newcomers. And every time, people lose money because they didn’t check if the platform existed outside of a Telegram group or a YouTube ad.

You don’t need to be an expert to avoid these traps. You just need to ask: Is there a website? Is there a team? Is there a way to contact someone? Are users talking about it on Reddit or Twitter? If the answer to any of those is no, walk away. The crypto world has enough real risks—fraudulent exchanges don’t need to be one of them.

Below, you’ll find detailed reviews of real exchanges—both the ones you can trust and the ones you should avoid. We cover what went wrong, who got hurt, and how to protect yourself. No fluff. No hype. Just facts.