On the BitcoinTalk forum, user Trêvoid warned the community about the fraudulent website Instant Swaps, which masquerades as a cryptocurrency exchange service. According to Trêvoid, at least two people have already fallen victim to this platform. The author discovered the resource in a phishing link directory and urges everyone to stay away from it and report it.

Users quickly exposed the true nature of the site. According to user RGBTC, the platform is a crude copy of the well-known exchange xChange, and the scammers even made off with the original logo. He also tested the site's functionality and noticed a critical vulnerability: the system allows users to enter an incorrect recipient address, causing the sent funds to simply disappear. According to user PX-Z, despite the stolen logo, the design of the fake resource looks extremely cheap and hastily put together, which should immediately give away the scam.

In the comments, users discussed why people fall for such tricks. According to user DPHOR, such resources are often visited by those looking for decentralized exchanges in order to bypass the KYC procedure. However, user Coyster noted that instant exchange services cannot be considered fully decentralized. Even platforms labeled "NO-KYC" may suddenly block withdrawals and demand identity documents. He advised thoroughly researching the reputation of exchanges before using them, as scam projects often hide behind the facade of legitimate services.