Hi,
I hadn’t come across SNUTX before, and it seems to be a very new exchange. That in itself is a bit of a red flag, as many scams tend to be recent launches.
However, a clear red flag is that they claim to be regulated by the SEC on their website, but I couldn’t verify this through official sources. Unfortunately, some platforms make false regulatory claims to appear legitimate.
Based on these concerns, I believe SNUTX is a scam. Please always stick with well-known, properly regulated exchanges/brokers instead.
If you’re looking for regulated crypto brokers, you can find them here: https://brokerchooser.com/best-brokers/best-crypto-brokers.
Best wishes,
Andris