Avoid using LATOKEN and Cointiger to buy any altcoins. - page 2.

blockman

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Quote from: cute nmp on July 26, 2021, 05:49:55 PM

I have leant my lesson from both exchanges most of the coins I bought from latoken exchange results in a loss some are even scam projects even the authentic one's do not results in any decent amount of profits.The same also applied on cointiger so I have avoided both exchanges a long time ago.

I've heard much bad feedback from these exchanges and that's why if ever you've been trading into these exchanges, choose what's best for you. There are other better exchanges that you will trade worry-free since we don't want any problem to encounter as we trade.
If you happen to witness that they've been okay listing scam projects then that's already a sign that you should be avoiding them at all cost, all of the time because they're partaking those scam projects and they're only accepting the listing fee without researching what coin is on their exchange.

ninabobo

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So bad for their users, I never used any of these exchanges you mentioned, I only stick to popular and trusted exchanges like Binance, kucoin, FTX. I did tried to access latoken exchange once and never liked it anyway but the user interface was kinda fair tho but so bad so much complains about them and this is also what kills an exchange, when users keep seeing all of these lapses there will surely run away.

cute nmp

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I have leant my lesson from both exchanges most of the coins I bought from latoken exchange results in a loss some are even scam projects even the authentic one's do not results in any decent amount of profits.The same also applied on cointiger so I have avoided both exchanges a long time ago.

Brus123

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I wonder why people use some unpopular exchanges. They can be really dangerous, especially it is a bad idea do store your assets in their wallets. Personally I have experince only with exchanges that have already proven to be both safe and convenient. For example, I use quick swap, sushi swap and pancakeswap. And I haven’t noticed big fees there, so why not use proven exchanges?

leea-1334

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I mentioned a couple of days on another thread (new ANN) that LATOKEN is a verified scam. And I do not mean just bad trustpilot reviews,,, but even in 2018 and 2019 already several Coin Analysis type of investigation companies found them out to be scams. Their representatives and employees were at conferences running pure scams and ponzis and promising fake volumes.

I do not understand how they are STILL running so spread the word.

https://www.cointelligence.com/content/scammers-weaponize-dmca-complaint/

SlimShadyMmp

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There are so many exchanges these days to buy all your shitcoins that are better than LATOKEN and co Decentralized exchanges too are very popular around so basically I see no reason to incurred crazy transaction fees when pancakeswap are charging less My suggestion is try other exchanges and see what fits you best Also maybe start using withdrawals when network is less congested or change the blockchain

Sithara007

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Quote from: oscarftw on May 05, 2021, 02:54:50 PM

I want to give advice to everyone that don't use LATOKEN and Cointiger. We know that both exchanges have fake volume

Cointiger is a centralized exchange where deposit time was 8 days as my experience. They don't even answer your question in their telegram group. 😢
LATOKEN is also a centralized exchange where deposit commission is 1 percent and withdraw fees are so high! I didn't see as much fake volume as Cointiger. Even a mobile app doesn't work.

Share your experience when I will add more in the future.

It can be either fake volume (done by the exchanges) or rigged volumes (manipulated by the usage of bots). Now Cointiger and LaToken are not very skilled exchanges that have the capability to exclude the bots from trading (Binance, Huobi.etc have that capability). And regarding the deposit/withdrawal fee, I can't agree with you. The ERC-20 gas prices have gone up steeply during recent times, and most of the exchanges have increased their fee. The increase is not limited to the two exchanges that you have mentioned.

Twinkledoe

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Quote from: gundala on June 24, 2021, 06:49:37 PM

it's better to use global exchanges like Binance, huobi, etc. to keep your assets safe. yes, although there is no guarantee that your assets are always safe due to the many hacking threats, at least the big exchanges will be more responsible to their users.

There are so many bad reports about small and medium exchanges because of this I stopped trading on these exchanges and just focus on Binance and Kucoin for centralized and Decentralized exchanges, it's safer to trade on DEX, because it's a smart contract-based but always check liquidity and the token smart contract, that's some of the traps in decentralized exchange.

Binance and Kucoin are really the go-to exchanges of most traders. However, if you have coins or tokens that are not yet listed on them, you can go to these small exchanges but just to trade these coins. After that, you can go back to these top exchanges as their liquidity is really great, you don't need to wait for days to execute your order. A lot of these small-medium exchanges are employing the wash trading strategy in order to appear that their volume is ok. But hopefully, you will not be trapped by this strategy. Stick to top exchanges as much as you can, as you will not be disappointed if you use them.

gundala

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Quote from: enawati on June 19, 2021, 07:00:16 AM

For centralized exchange, I only used high trusted exchange and the most popular one , those are Binance and Huobi. And for the small exchanges, I use it only for sell bounty tokens. I did use LATOKEN a few year ago and everthing is running smothly, but I never been use Cointiger. Just becarefull use Centralized exchanges because they have full control with fund of user.

I also only use small CEX to sell bounty rewards, well we all know not all projects have sufficient funds to penetrate the big global market. while using Latoken I didn't encounter any significant problems, it's just a shame the fee is bigger than the exchange in general. the rest is fine.

when the IEO was hype, many new tokens were collaborating with latoken. and it doesn't seem to make any significant difference, the sales rate is not as big as expected and many other problems.
it's better to use global exchanges like Binance, huobi, etc. to keep your assets safe. yes, although there is no guarantee that your assets are always safe due to the many hacking threats, at least the big exchanges will be more responsible to their users.

Jaered

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Quote from: cryptoknightt on May 05, 2021, 03:26:21 PM

There are several exchanges like this, 2 that I know are Finexbox, mercatox, they have large withdrawal fees. Did you know mercatox charges a large withdrawal fee for Dogecoin? I was very surprised. 20 Dogecoin for one withdrawal at mercatox. But unfortunately Mercatox doesn't provide withdrawal access to Dogecoin at the moment, I don't understand why. For finexbox you can see some coins that have fake volume, like Vectorium coin, I have it, and it can't be exchanged. volume and price is a hoax there.

Finexbox is as fake as they come. I participated in the Vectorium bounty early last year or so, but more than 18 months after, their coin which was listed on Finexbox is not tradable. Vectorium and the exchange are busy trading blames. I also think Vectorium is a scam project

kurniawan05

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I don't know much about cointiger, but I've used Latoken several times, the last time I used Latoken was about 1 month ago, as far as I remember there was no fee for deposit and withdrawal fees were indeed bigger than Kucoin.

fvb

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I studied Latoken and I didn't like it right away, even the interface. I decided not to even register there. Moreover, I know from the stories of my friend, who invested there. He had problems. I only trust the trusted ones.

CapGelatik

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Quote from: Cling18 on June 19, 2021, 07:55:40 AM

I have used Latoken before but I tried to get rid of it because of its high fees. There are good coins that have been listed there yet it didn't succeed because people prefer the top and trusted exchanges like Binance. Latoken still has a lot to improve because honestly, most ICOs and IEOs that have been listed there always fail.

LAToken is indeed a bad exchange, a lot of complaints about this exchange, from deposits and withdrawals that always take a long time to landed,
and ICOs that don't have clarity are very easy to launch there, of course IEOs there always fail, because many bad projects are in the market,
unlike IEOs on good exchanges, they always do an audit first

cabron

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Quote from: enawati on June 19, 2021, 07:00:16 AM

For centralized exchange, I only used high trusted exchange and the most popular one , those are Binance and Huobi. And for the small exchanges, I use it only for sell bounty tokens. I did use LATOKEN a few year ago and everthing is running smothly, but I never been use Cointiger. Just becarefull use Centralized exchanges because they have full control with fund of user.

LAToken was used widely in 2018 when most of the bounty tokens are listed there because of the IEO. Bounty hunters are mostly the ones who use the exchange merely to dump, they know the tokens they got are going to be dumped too. Now that IEO is gone, there is no reason for project tokens to be there especially when it's easier to add tokens on swapping exchanges.

TWW

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I myself have never traded on cointiger. I didn't know the exchange was that bad.
but for latoken there has been a lot of talk about this exchange and the volume manipulation that exists there.
I have an account there only to follow the airdrop that has occurred and sell tokens resulting from the airdrop or bounty that are only listed on the exchange. as for investing and trading, I would never use the exchange.

Cling18

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I have used Latoken before but I tried to get rid of it because of its high fees. There are good coins that have been listed there yet it didn't succeed because people prefer the top and trusted exchanges like Binance. Latoken still has a lot to improve because honestly, most ICOs and IEOs that have been listed there always fail.

BitTraderCute

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Quote from: enawati on June 19, 2021, 07:00:16 AM

For centralized exchange, I only used high trusted exchange and the most popular one , those are Binance and Huobi. And for the small exchanges, I use it only for sell bounty tokens. I did use LATOKEN a few year ago and everthing is running smothly, but I never been use Cointiger. Just becarefull use Centralized exchanges because they have full control with fund of user.

popular exchanges have many good project and high volume trading if compared with latoken or cointiger . i am ever use these exchanges , and actually there is no problem at all only trading volume and fake buy order in my opinion. i do agree if we use this exchanges only for selling bounty token , no other activity, because most of token there were shitcoin.

enawati

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For centralized exchange, I only used high trusted exchange and the most popular one , those are Binance and Huobi. And for the small exchanges, I use it only for sell bounty tokens. I did use LATOKEN a few year ago and everthing is running smothly, but I never been use Cointiger. Just becarefull use Centralized exchanges because they have full control with fund of user.

Flowzer

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Quote from: Tervelatuk on May 30, 2021, 06:32:53 PM

Quote from: Flowzer on May 30, 2021, 06:14:49 PM

Quote from: MCobian on May 30, 2021, 06:09:34 PM

I use Latoken if I really have to, because there are several tokens that I get from airdrops or bounties only listing on Latoken. But if I use it regularly,
I prefer to use Binance which obviously has a very good reputation and the trading features that Binance has are also very comprehensive.
Moreover, the coins listed on Binance are indeed of higher quality than those in Latoken, this is another reason why I prefer trading on Binance
over Latoken.

Whats your experience for using it? I need to use the platform too for Buying utopia because of only that market which provide the liquidity of the coin.
Is the fee hurt you or the system is lack of support?

so far actually there is no serious problem with latoken, i am many times selling my bounty token there and deposit or withdrawl running well. nothing to worry as long as you dont use it for common trading activity.if want to trade better to use another exchanges with better reputation.

I see, so its going smooth if you want to do any trade there, the warn just like another exchange, dont save your money there because you didnt own the key.
Thanks for the experience u share, i will try to buy some tokens there Grin

yazher

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The way they advertise their exchange is shady and not realistic so it's best to avoid such kinds of exchanges where they don't give us any real data when it comes to crucial information which we really need for our investment. If you guys wanted to invest in buying some altcoins, you better go to Binance or Okex because these kinds of exchanges are more reliable when it comes to security and also convenient to use for all of the users.

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