Ankerswap Crypto Exchange Review: Why It Doesn't Exist in 2025

There is no such thing as Ankerswap as a real cryptocurrency exchange in 2025. Not on CoinGecko. Not on CoinMarketCap. Not on Trustpilot, Reddit, or GitHub. Not in any regulatory database from the SEC, ASIC, or EU financial authorities. If you’ve seen ads, YouTube videos, or forum posts pushing Ankerswap as a new trading platform, you’re being targeted by a scam or a misleading clickbait tactic.

Why You Won’t Find Ankerswap Anywhere

Legitimate crypto exchanges don’t vanish from the internet. They get listed, reviewed, audited, and talked about. Binance, Coinbase, Kraken, and Swyftx all have public trading volumes, registered headquarters, security audits from CertiK or Hacken, and thousands of user reviews. Ankerswap has none of that. Zero. Nada.

Search any major crypto data platform-CoinGecko, CryptoCompare, Alchemy’s Dapp Store-and you won’t find Ankerswap in their directories. CoinGecko only lists exchanges with at least $50,000 in daily trading volume. Ankerswap doesn’t even meet the threshold to be considered for inclusion. That’s not a glitch. That’s a red flag.

Even smaller, newer exchanges like Day1x in Australia or StealthEX (which supports over 1,500 assets) show up in these databases. Ankerswap doesn’t. Not because it’s too new. Because it doesn’t exist.

What Happens If You Try to Use It?

If you stumble across a website called Ankerswap and decide to sign up, you’ll likely be asked to deposit crypto to start trading. That’s the pattern. No real exchange asks you to deposit first without showing you how it works, what fees you’ll pay, or where your funds are stored.

Once you send your Bitcoin, Ethereum, or any other asset to Ankerswap’s wallet address, it’s gone. No customer support. No refund policy. No way to recover it. These platforms are designed to disappear after collecting deposits. They don’t need to maintain servers or offer trading-they just need you to click “Deposit” once.

Some scam sites mimic real exchange interfaces with fake order books, fake price charts, and even fake live chat bots. But behind the scenes, there’s no matching engine. No liquidity. No real trades. Just a digital black hole.

How to Spot a Fake Crypto Exchange

Here’s how to tell if a crypto exchange is real or a scam:

• Check if it’s listed on CoinGecko or CoinMarketCap - If it’s not there, it’s not legitimate.
• Look for regulatory licenses - Real exchanges in the U.S. are registered with FinCEN. In Europe, they follow MiCA rules. In Australia, they’re ASIC-regulated. Ankerswap has no license.
• Search for user reviews - Try Trustpilot, Reddit (r/CryptoCurrency), or BitcoinTalk. If no one’s talking about it, that’s a bad sign.
• Check for public security audits - Legit exchanges hire firms like CertiK, SlowMist, or Hacken to audit their code. Ankerswap has zero public audit reports.
• Look for developer activity - Real exchanges have GitHub repositories with open-source code, API documentation, and SDKs. Ankerswap has none.

Real Alternatives to Ankerswap (That Actually Exist)

If you’re looking for a safe, reliable place to trade crypto in 2025, here are real options:

• Coinbase - Best for beginners. Licensed in the U.S., insured custodial wallets, simple interface. Fees: 0.5%-3.99% depending on payment method.
• Swyftx - Popular in Australia. ASIC-regulated, 700,000+ users, low fees starting at 0.1%. Supports 500+ cryptocurrencies.
• Kraken - Strong security, 350+ coins, fees as low as 0.16% for high-volume traders. Trusted by institutions.
• Binance - Largest global exchange by volume. Offers spot, futures, staking, and DeFi tools. Headquartered in Cayman Islands.
• SimpleSwap - Non-custodial exchange. No sign-up needed. Good for quick swaps between coins.

These platforms have been around for years. They publish financial reports. They respond to user complaints. They’ve survived market crashes and regulatory crackdowns. That’s what real crypto businesses do.

Why Do Scams Like Ankerswap Still Exist?

Because they work. Crypto is new to many people. The hype around “fast profits” and “hidden gems” makes it easy to lure inexperienced traders. Scammers use fake testimonials, deepfake videos, and paid influencers to make Ankerswap look real.

They also rely on the fact that most people don’t check if an exchange is listed on CoinGecko. They don’t look up regulatory status. They just see a flashy website with a logo and a “Sign Up Now” button.

The truth? There are no hidden gems in obscure exchanges. The best trading platforms are the ones everyone knows about. The ones with millions of users. The ones audited, regulated, and tested over time.

What to Do If You Already Sent Crypto to Ankerswap

If you’ve already deposited funds to Ankerswap, act fast:

1. Stop sending more money. Don’t fall for “recovery scams” that promise to get your funds back-for a fee. They’re just another layer of the same scam.
2. Report it. File a complaint with your local financial regulator. In the U.S., that’s the FTC. In the EU, contact your national financial authority.
3. Share your experience. Post on Reddit, Trustpilot, or crypto forums. Warn others. Scammers rely on silence.
4. Secure your other accounts. Change passwords. Enable 2FA everywhere. Use a hardware wallet for long-term storage.

There’s no guaranteed way to recover lost crypto. But you can stop others from losing theirs.

Final Warning

Crypto trading is risky enough without adding fake exchanges into the mix. There’s no shortcut to safety. No secret platform with 10x returns and no fees. If it sounds too good to be true, it is.

Ankerswap isn’t a new exchange. It’s a warning sign. Don’t trust it. Don’t use it. Don’t even click on it.

Stick to the platforms that have proven themselves over years, not months. The ones with transparency, audits, and real user bases. Your crypto is too valuable to gamble on ghosts.