My 'exchange' is asking for a tax clearance fee before withdrawal — is this real?
asked 3d ago7,846 views1 answers
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I made profits, tried to withdraw, and the exchange wants 15% upfront as 'tax clearance'.
#fake-exchange#tax-clearance-scamasked by Lin
1 Answer
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Verified expert answer
100% scam. No legitimate exchange anywhere in the world requires you to pre-pay taxes to release a withdrawal. Taxes are owed to governments, not exchanges. The 'tax clearance fee' is a universal scam-platform pattern designed to extract one more payment from victims who think they're about to recover their money.
If you pay it, the next request will be 'insurance fee', then 'anti-money-laundering compliance', then 'wallet upgrade'. The pattern continues until you stop paying. Stop now, document everything, file a report, and trace the deposit addresses while the trail is fresh.
RY
Rebecca Yang · Consumer Protection Reporteranswered 3d agoSign in to comment.
