DINNGO Crypto Exchange Review: It's a Scam - Here's What You Need to Know

There’s no such thing as a legitimate crypto exchange called DINNGO. If you’ve seen ads, pop-ups, or YouTube videos pushing “DINNGO” as a place to trade crypto, you’re being targeted by a scam. This isn’t a glitch or a new platform - it’s a deliberate fraud designed to steal your money by mimicking the name of a real cryptocurrency: Dingocoin (DINGO).

What’s the Difference Between DINNGO and DINGO?

Dingocoin (DINGO) is a real cryptocurrency. It’s a Dogecoin fork launched in 2021, built on the BNB Chain as a BEP-20 token. It’s traded on verified exchanges like MEXC Global, CoinEx, and AscendEX. Its official website is dingocoin.com. It has a market cap of around $4.7 million, trades against USDT, BTC, and Wrapped BNB, and has active development updates - including a recent partnership with Flip to integrate fiat on-ramps.

DINNGO, with two N’s, doesn’t exist as a real exchange. No major crypto data provider - CoinGecko, CoinMarketCap, CryptoCompare - lists it. The Blockchain Transparency Institute confirmed as of November 16, 2025, that DINNGO has zero presence across all verified exchange tracking systems. Yet, fake websites with domains like dinngo-exchange.com or dinngo.trade are popping up everywhere, promising “high security,” “easy trading,” and “20% daily returns.” These are classic red flags.

How This Scam Works

This isn’t random. Scammers use what’s called “typo squatting.” They register domain names that look almost identical to real ones. In this case, they’re counting on you to mistype “DINGO” as “DINNGO.” A 2024 study by Beyond Identity found that 37% of all crypto scams use this exact tactic - slightly misspelling the name of a legitimate coin or exchange to trick users.

Here’s how it plays out:

1. You search for “DINGO exchange” on Google.
2. A paid ad or manipulated result shows up for “DINNGO” - it looks legit, with stock images of charts and fake trust badges.
3. You click, sign up, and deposit funds - often via USDT or BTC.
4. Within hours or days, the site disappears. Your account vanishes. Your money is gone.

Reddit user u/CryptoWatcher789 documented 12 separate cases in September 2024 where victims lost an average of $3,850 each to DINNGO-style platforms. The Commodity Futures Trading Commission logged 47 complaints about DINNGO scams between January and September 2024 - totaling $1.27 million in losses.

Why You Can’t Trust DINNGO’s Claims

Scam exchanges like DINNGO often copy-paste security jargon from real platforms. You’ll see phrases like:

• “High security measures”
• “Your funds are safe”
• “2FA enabled”

But look closer. The grammar is broken. One fake listing says, “the way if security of users funds is actually very safe.” That’s not a typo - it’s a sign of a non-native speaker running a bot-generated site. Real exchanges hire professional copywriters. They don’t make basic grammar mistakes.

Legitimate exchanges follow strict rules. KuCoin and Phemex require KYC verification. MEXC Global uses Google Authenticator for 2FA. They’re regulated, audited, and listed on official tracking platforms. DINNGO? No FinCEN ID. No regulatory registration. No public audit reports. No withdrawal addresses you can verify on a blockchain explorer.

How to Spot a Fake Crypto Exchange

Here’s a simple checklist to avoid scams like DINNGO:

1. Check the domain - Is it dingocoin.com or dinngo-exchange[.]com? That extra N and the word “exchange” are dead giveaways.
2. Verify on CoinGecko or CoinMarketCap - Search for “DINGO.” Look at the exchanges listed. If DINNGO isn’t there, it’s fake.
3. Look for SSL certificates - A real exchange has a valid HTTPS certificate issued by a trusted authority. One user on Trustpilot almost deposited $5,000 to DINNGO but noticed the SSL certificate was invalid - and walked away.
4. Search for reviews - Try “DINNGO scam” on Reddit or Trustpilot. If you see multiple reports of disappearing funds, leave immediately.
5. Check regulatory status - U.S.-based exchanges must have a FinCEN ID. DINNGO has none. European exchanges under MiCA must pass trademark verification - DINNGO doesn’t qualify.

Where to Trade Dingocoin (DINGO) Safely

If you want to buy or trade Dingocoin, use only these verified exchanges:

• MEXC Global - 4.2/5 rating on Trustpilot, 1,853 reviews as of November 2025. Users report smooth USDT-to-DINGO trades.
• CoinEx - Low fees, supports DINGO/USDT pairs, and requires KYC.
• AscendEX (BitMax) - High liquidity, strong security protocols, and listed on CoinGecko.
• letsexchange.io - Recently added DINGO as part of a fiat on-ramp partnership.

All of these platforms follow FATF Travel Rule guidelines, require KYC, and have publicly verifiable withdrawal addresses. You can check DINGO’s official token contract on BSCScan - any real exchange will use this exact contract address.

What Happens If You’ve Already Lost Money to DINNGO?

Unfortunately, recovering funds from these scams is extremely rare. Most are operated from offshore locations with no legal accountability. But here’s what you should do:

1. Stop all communication - Don’t respond to “support” emails asking for more info or fees to “unlock” your account. That’s a second scam.
2. Report it - File a complaint with the FTC (ReportFraud.ftc.gov) and the CFTC (cftc.gov). Include screenshots, URLs, and transaction IDs.
3. Change your passwords - If you used the same password elsewhere, reset it immediately.
4. Enable 2FA everywhere - Use Google Authenticator or Authy, not SMS.
5. Use separate emails - Experts recommend having one email for crypto accounts only. This prevents phishing attacks from spreading across your accounts.

The Bigger Picture: Why This Scam Is So Common

This isn’t just about DINNGO. The Cambridge Centre for Alternative Finance reported that exchange impersonation scams jumped 227% in 2024. Over 68% of them used misspelled names - like “Binancee,” “Coinbasee,” or “DINNGO.”

Why? Because search engines and social media ads are easy to manipulate. Scammers buy keywords like “buy DINGO coin” and redirect traffic to fake sites. A 2025 Financial Stability Board report found that 79% of fake exchange traffic comes from SEO manipulation - not direct links.

Regulators are catching up. The European Banking Authority updated MiCA rules in November 2025 to require trademark verification for exchange names. The SEC filed 14 lawsuits against similar fake exchanges in Q3 2024 alone. But until you’re educated, you’re still a target.

Final Warning: Never Trust a Name You Can’t Verify

There’s no shortcut in crypto. If something looks too good to be true - high returns, no KYC, no reviews - it is. DINNGO isn’t a new exchange. It’s a trap. Dingocoin (DINGO) is real. The exchange named DINNGO is not.

Always verify before you trade. Check the official project website. Cross-reference with CoinGecko. Look for the FinCEN ID. Read user reviews. And if you’re unsure - don’t deposit a cent.