On September 25, 2026, a Bitcointalk user going by sea2027 shared a story about a nasty experience with the Superex exchange. Back in 2026, he'd bought a few thousand USDT worth of LKY (Luckycoin) on there. Then the exchange delisted the coin — and that's when things got weird.

By the exchange's own rules, delisted coins can be withdrawn within 90 days. The guy contacted support almost right after the delisting. Silence for a while, and then came a strange demand: deposit $20 in USDT as a "withdrawal fee" and send over an agreement to get the withdrawal process going. He did both — and the exchange just stopped responding. His emails went unanswered for months.

As sea2027 rightly put it: they could've at least been honest and said something like "sorry, the withdrawal is technically impossible because the revived LKY is junk". Instead — pure radio silence.

The commenters quickly set the record straight. User Rikafip admitted he'd never heard of Superex or LuckyCoin, and pointed out the author's main mistake: keeping coins on an exchange instead of pulling them out to his own wallet right away. Centralized exchanges aren't banks, and when everything goes south, there's very little you can do. He also made a point of his own: demanding extra money just for a chance to withdraw your own funds is classic behavior for the most obvious scam exchanges.

Slow death did a little digging of his own. The exchange is listed on CoinMarketCap with a daily volume of 42,535 BTC — a suspiciously huge figure for an exchange almost nobody's ever heard of. The place had been mentioned back in 2022, four years before the incident, but there's no announcement thread on the forum, and user comments are few and far between — which smells like fake volume. On top of that, Trustpilot shows 11 scam accusations against the exchange, some dating back to 2023 and still unanswered. The commenter's verdict: ten minutes of research before using an exchange, and the author wouldn't have ended up in this mess.

tabas noticed a visual detail: the Superex logo is a knockoff of Binance's, just brighter. He also asked the author whether he'd ever had a single successful withdrawal from the exchange, and summed it up: demanding payment to withdraw a delisted coin is a dead giveaway that a scam is in the works.

The most curious observation belongs to logfiles: he poked around the exchange's P2P section and found that pretty much all the orders were in Nigerian naira (NGN). No orders at all in any other currency, USD included. His theory: there might be a Nigerian scammer behind the exchange, running the con on his own people through their national currency.

RGBTC added a pragmatic take: Superex is a small platform, and squeezing $20 out of users is a perfectly logical business for them. Delist a few coins a week, and a decent income starts piling up. He also threw out a rhetorical question — is it worth giving up extra money just to withdraw a dying altcoin? — and attached a link to Luckycoin's CoinMarketCap page.

sea2027's story is a textbook example of two classic mistakes at once. The first: keeping purchased coins on a small centralized exchange — once a coin gets delisted, your funds are effectively held hostage by the platform. The second: believing in a "withdrawal fee" paid upfront — the money's gone, the process never started, and support vanished into thin air. The thread is yet another "not your keys, not your coins" reminder: move your coins to your own wallet right after buying, and before using an exchange you've never heard of, spend those same ten minutes checking its reputation. Especially when Trustpilot already has 11 scam accusations hanging over it and the exchange's entire P2P section trades in Nigerian naira.