Topic: BitForex exchange- is it safe? - page 4. (Read 20822 times)
I don't think anyone is really safe because everything has the risk of being hacked and also has the potential to deceive its customers, I am not prejudiced but with full control held by the developer then the potential for fraud is huge but I believe that BitForex will not do that because already popular, they have gained many benefits without having to scam
Not any exchange is trusted or something. Anytime an exchange could go to a wrong way. But I used bitforex once or twice. It is very normal and now,after launching their own token they are very much updated and good to use as an exchange. There is some problem like a late customer support sometimes and some of the coin doesn't have volume and some coins looks scammy. But overall bitforex is a good exchange and at this moment one of the best exchange. Now it's upto you which kind of experience you will get.
I have tried the market and during the process of buying and selling coins there are quite good and for withdrawals everything goes smoothly so that in my opinion the market is like a market in general and all security also has good standards.
Before that, I deposit ODE into Bitfinex and then I was like you now. I have 300 ODE, I wait until ODE = $ 30 and I will be withdrawn. 
I don't know why people don't choose good and secure exchanges like Binance but try to sign up to little known exchanges.
for me the exchange on Bitforex is safe and comfortable. as long as I trade on Bitforex there are no obstacles if there is definitely only my internet connection that is not supportive. I always use Bitforex for any exchange.
This is one of big and good exchange now, you can rest assured to trade here. But your second option is probably better because bitfinex is one of the largest and most real volume exchanges today
I have used bitforex and it is one if the top exchanges in the crypto space according to ranking.
If you are going to be trading there, then you must be able to trade against bit, because the exchange uses bot.
Another issue I have with them, is that, the withdrawal takes time. Most time you just have tone patient to get your coin to your wallet. Although, it is something you can bear.
One good thing is that, it is not a scam exchange.
If you are going to be trading there, then you must be able to trade against bit, because the exchange uses bot.
Another issue I have with them, is that, the withdrawal takes time. Most time you just have tone patient to get your coin to your wallet. Although, it is something you can bear.
One good thing is that, it is not a scam exchange.
Yesm it's a good exchange. A lot of new coins are listed there so after bounty it's good to sell there. Also there is a big trading volume. I can recommend it for trading.
Of course for short-term transactions, I think this is perfect , but to keep the funds there I would not , because now most of the exchanges are breaking (
I have some assets in Bitforex. I am trading right now but I never withdraw money from there. I never experience any problem also. It is good one.
The exchange is really very cool, I think so. I think that today many traders use the services of this exchange, at least a little, because today it makes sense to do it. Although of course there are other projects. This is true.
To me bitforex is a very good exchanger, though it has lots of bots and oat trades are in usdt
It’s safe
Always follow the usual trend, never keep huge funds in exchanger for so long
Only move when you are trading
It’s safe
Always follow the usual trend, never keep huge funds in exchanger for so long
Only move when you are trading
I would not advise you to trust new exchangers as they can leave the market at any second
Bitforex not bad actually, good volume and interface. ODE withdrawal fee is 15 now. Sometimes they list unknown tokens and pump them little bit, in general its just another regular exchange without surprises, dont see any difference with another big exchanges.
Bitforex is one of the most reputated exchanges. So, it is safe as it can become.
Still, even the best exchanges are always a little bit unsafe.
Still, even the best exchanges are always a little bit unsafe.
I have never traded on Bitforex, but what I know is that Bitforex has a large enough volume and the most prominent bitforex is a market that gets the top 10 best markets and is quite reliable, if this is wrong then CMC data cannot be trusted https://coinmarketcap.com/exchanges/bitforex/
I think that Bitforex is a bad exchange and it has a bad reputation. I saw a study about this exchange. I would not advise using this exchange.
https://blog.cer.live/investigations/is-making-fake-24-h-trading-volumes-the-best-marketing-strategy-for-crypto-exchanges/
https://blog.cer.live/investigations/is-making-fake-24-h-trading-volumes-the-best-marketing-strategy-for-crypto-exchanges/
Yes, sure. Bitforex is one of the greatest exchanges at the moment, but it is still centralised. I am more the fan of the decentralised exchanges and prefer to use IDEX, Forkdelta or Etherdelta for trading my digital assets.
but average large exchanges are centralized exchange. if you want fast movement, a decentralized exchange cant be expected.
Mhhh smells too much for me.
Yes, sure. Bitforex is one of the greatest exchanges at the moment, but it is still centralised. I am more the fan of the decentralised exchanges and prefer to use IDEX, Forkdelta or Etherdelta for trading my digital assets.
Jump to: