Any of these Exchanges have been....?

ReiMomo

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Quote from: very_452001 on September 24, 2019, 01:42:31 PM

- yobit
- hitbtc
- nova
- coinexchange.io
- livecoin
- trade by trade
- bit-z
- gate.io

Which ones do you guys think that will still be with for years to come and will help traders affected by hacks?

You did not include Binance exchange, as far as I remember they are also got hack this year but luckily they just cover it with their own fund.
No one exchange sites now are being trusted, all are probably manipulated volumes and possible randomly and selected one of their victims.
I may advise that don't leave huge amount of Bitcoin in any exchange because you're not holding any private key on your account and we can consider centralized exchange is prone to hacking or scamming and more worst if there is an inside job.

The Sceptical Chymist

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Quote from: OmegaStarScream on September 24, 2019, 02:28:21 PM

- Yobit: Simply the worst exchange ever.

Eh, I'd disagree. But I'm all too familiar with the myriad scam accusations against them, and I know people would probably agree with you. I've never had issues with them except for them having certain wallets in maintenance mode for far too long. And as far as OP's list goes, Yobit is one of the only ones on it that I've heard of and used. I do have a feeling they'll be around in 5 years unless they actually do go full scammer and run away with all the money. I would never rule that out with them.

Quote from: TheUltraElite on September 25, 2019, 02:30:14 AM

Yoshit is one of the worst exchanges to ever come to the face of crypto.

I don't think they ever got hacked, though. I suppose there's something to be said about that if I'm right--I don't recall ever hearing anything like that, and I assume that if they ever did get hacked we'd never hear from them again.

Quote from: 1Referee on September 29, 2019, 04:53:44 PM

The funny part is that they will probably keep growing now more and more exchanges start to enforce KYC measures. I'm pretty certain that even those who say that Yobit is the worst exchange ever will eventually end up using it to get rid of airdrops/forks or to trade a few shitcoins.

Yep. Their coin offerings look like a freakin' crypto graveyard of 1-satoshi wonders. And if you want to buy Reddcoin or something similarly crappy, no doubt you can find it on Yobit. What always worries me about them is that I never had a clue who owns the exchange or works there or even where they're really located. I'm assuming it's in Russia....?

hugeblack

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Until the cryptocurrency market is regulated, these platforms will continue to operate as long as they make enough profits for those who manage them.
As soon as profits are reduced, all platforms will start with dark activities, things will get worse until they turn into scam and theft of depositors' money.
Continuity depends on profitability and these platforms will not last for long periods, perhaps most will not last until 2025.

1Referee

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Quote from: TheUltraElite on September 25, 2019, 02:30:14 AM

Yoshit is one of the worst exchanges to ever come to the face of crypto.

The funny part is that they will probably keep growing now more and more exchanges start to enforce KYC measures. I'm pretty certain that even those who say that Yobit is the worst exchange ever will eventually end up using it to get rid of airdrops/forks or to trade a few shitcoins.

Yobit's Alexa rank seems to point in that direction too with how they keep gaining a higher rank consistently; https://www.alexa.com/siteinfo/yobit.net

I'm surprised they haven't yet gone full wash trading mode, which would significantly boost the traffic to their exchange. You got to give them credit for that at least.

bL4nkcode

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Quote from: very_452001 on September 24, 2019, 01:42:31 PM

Which ones do you guys think that will still be with for years to come and will help traders affected by hacks?

All exchanges are prone in hacking, whether they claim that their site's security is too tight, its just that hackers want more BTC to get that's why they will choose those big exchanges other than this no volume exchanges with lots of manipulations.

TheUltraElite

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So anyway, I applied as a merit source :)

Cryptopia was a scam or not is still debatable but the worse outcome is easier to assume since the people who had their money there have no way to get it back or claim a return in liquidation. On the other hand it was also the error on the part of the traders to keep their money n exchanges when they know it very well that security breech and hacks are very common and they are a prime target for hackers. Cryptopia's incident was not such though with the lack of concrete evidence if the death of the owner was really fake or not.

I have used hitbtc and they have large withdrawal fees which hurt and also livecoin but dont use them anymore since there has been some scam accusations against them here.

Yoshit is one of the worst exchanges to ever come to the face of crypto.

LeGaulois

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(as for their reputation, it's another topic but coinexchange is also not well-reputed). I searched quickly and haven't found anything except for 2. Livecoin reported a ~$2 million loss due to a monero wallet vulnerability last month and Gate.io suffered a 51% attack months ago... and the hacker returned a percentage lol.

https://latesthackingnews.com/2018/08/05/monero-wallet-vulnerability-loss-of-1-8-million-to-livecoin-crypto-exchange/
https://www.financemagnates.com/cryptocurrency/news/hacker-allegedly-returns-100000-to-gate-io-following-etc-hack/

Not sure if it was really a hack, I didn't understand correctly the DNS issue.
https://www.reddit.com/r/Bitcoin/comments/8cymgx/warning_coinexchangeio_got_hacked_refuses_to/
https://www.reddit.com/r/ecc/comments/7rqytk/coinexchange_is_back_in_business/

OmegaStarScream

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- Yobit: Simply the worst exchange ever.
- Hitbtc: There have been reports about selective scamming, and also forcing users to go through KYC (for small amounts) even though they have no clear policy regarding that.
- Nova: I believe they did shutdown?
- Gate.io: has been hacked before.

Not sure about the other platforms and tbh, If you're trading coins with a good userbase, it's very likely that you'll find them in reputable exchanges like Binance or Bittrex.

carlfebz2

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Quote from: very_452001 on September 24, 2019, 01:42:31 PM

Any of the following exchanges apart from cryptopia has been hacked or considered a scam within the last few years or speculated to be a scam for the near future?:

- yobit
- hitbtc
- nova
- coinexchange.io
- livecoin
- trade by trade
- bit-z
- gate.io

Which ones do you guys think that will still be with for years to come and will help traders affected by hacks?

Yobit - Known to be a shady exchange - Shit token listing, support not answering and shady yovit investment box.
Hitbtc- High withdrawal fees
Nova- No experience with this one
Livecoin- There were recent scam accusations with this one
Tradebytrade- No experience
Bit-z- same
gate.io- same

No one can predict the future on what exchange would close its doors and become scam but few in the list
already showing up incompetence's which is enough for you not to use them specially yobit.

very_452001

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Any of the following exchanges apart from cryptopia has been hacked or considered a scam within the last few years or speculated to be a scam for the near future?:

- yobit
- hitbtc
- nova
- coinexchange.io
- livecoin
- trade by trade
- bit-z
- gate.io

Which ones do you guys think that will still be with for years to come and will help traders affected by hacks?

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