Topic: Crypto Bad Exchanges (Read 4727 times)
I don't think anyone can be accepted in this world. However, there are some good exchanges and some bad exchanges where coins or tokens are listed but cannot be sold. The exchange has opened so they don't have a headache. No one can trade here.
I stick with Kucoin for new coins Most turn out to be great may even have Binance blessing at the end of the day but personally if you want to trade and be a front-runner I will suggest sticking with Binace or any other exchange on the top five list on coingecko or coinmarketcap
Kucoin and Binance are trusted exchanges, you shouldn't hesitate to trade there,OP advises us not to use exchanges such as Vindax, Latoken etc., but if you want to trade there it doesn't matter, it's just at your own risk because there are so many users who have had bad experiences.
Some small exchanges are still a bit good, not always about top exchanges, some projects still survive using small exchanges like bitforex, Probit, vindax, latoken. and not all new projects can enter the big exchanges, they need a long process. but currently most of the new coins are listed on uniswap DEX. they have high volume but the trading fees there are very expensive.
yes indeed it takes time to become a big exchanger but some of the exchangers on the topic writer's list are exchangers that have the potential to manipulate datawhat I want to add to the list is my yobit also had a bad experience at the exchanger that did volume manipulation and some other manipulations like making a pending deposit when the price of the pump etc.
Some small exchanges are still a bit good, not always about top exchanges, some projects still survive using small exchanges like bitforex, Probit, vindax, latoken. and not all new projects can enter the big exchanges, they need a long process. but currently most of the new coins are listed on uniswap DEX. they have high volume but the trading fees there are very expensive.
Those are the things you should consider before supporting a particular project because you can base that if they failed or not because they should have listed on the bigger and safer exchange if they succeed. Projects like that most likely are the ones that have enough volume and have also lower value. So if you are an investor or a bounty hunter you should consider things like that before supporting or investing your money in them.
An unpopular exchange and many accusation against it is one of the criteria for avoiding exchange. Some altcoin project choose it as a starting place for trading because maybe the exchange fees are lower compared to the top exchange or because they really don't get a place on the top exchange because the quality of the project isn't great. Investing in such a project will only put investor in trouble because it is difficult to see the progress of the project once the product has traded and eventually dies. Another risk bounty hunter may face, they will lose a lot of time promoting a project that eventually fails to thrive and will only fill their wallet with display items. LOL I'm just trying to do my part, I know many won't care and some don't even bother to read anymore, they are just here for bounties, here is for those who cares about reading and learning.
Stay away from the following exchanges, I have bad experience with them already and I can still see few people getting caught in same trap
1. Vindax
2. Systemkoin
3. P2PB2B
4. Latoken
if the new projects use these exchanges, please refrain to make any investment or if you are a bounty hunter please refrain from perticipating the bounty campaigns on those projects. it's not worth your time and i am pretty sure those projects will be failed cuz shit exchanges they team up with that nobody cares about. the most used one is P2PB2B. so watchout to thatStay away from the following exchanges, I have bad experience with them already and I can still see few people getting caught in same trap
1. Vindax
2. Systemkoin
3. P2PB2B
4. Latoken
I'm just trying to do my part, I know many won't care and some don't even bother to read anymore, they are just here for bounties, here is for those who cares about reading and learning.
Stay away from the following exchanges, I have bad experience with them already and I can still see few people getting caught in same trap
1. Vindax
2. Systemkoin
3. P2PB2B
4. Latoken
if the new projects use these exchanges, please refrain to make any investment or if you are a bounty hunter please refrain from perticipating the bounty campaigns on those projects. it's not worth your time and i am pretty sure those projects will be failed cuz shit exchanges they team up with that nobody cares about. the most used one is P2PB2B. so watchout to thatStay away from the following exchanges, I have bad experience with them already and I can still see few people getting caught in same trap
1. Vindax
2. Systemkoin
3. P2PB2B
4. Latoken
I'm just trying to do my part, I know many won't care and some don't even bother to read anymore, they are just here for bounties, here is for those who cares about reading and learning.
Stay away from the following exchanges, I have bad experience with them already and I can still see few people getting caught in same trap
1. Vindax
2. Systemkoin
3. P2PB2B
4. Latoken
if the new projects use these exchanges, please refrain to make any investment or if you are a bounty hunter please refrain from perticipating the bounty campaigns on those projects. it's not worth your time and i am pretty sure those projects will be failed cuz shit exchanges they team up with that nobody cares about. the most used one is P2PB2B. so watchout to that Stay away from the following exchanges, I have bad experience with them already and I can still see few people getting caught in same trap
1. Vindax
2. Systemkoin
3. P2PB2B
4. Latoken
In this market there are a lots of crypto exchange available. And very few of them are trustworthy and legitm most of the small crypto exchange are hard to trust. They do many shady work. And most common thing is generate fake volume. And they did many bad things like high withdraw charge, huge trading fees, fake listing, freeze fund like that. So be careful. I would suggest to always use big exchanges like binance huobi etc. And in any reason you have to trade on a small exchange then be careful andbread about it first before any deposit.
I'm just trying to do my part, I know many won't care and some don't even bother to read anymore, they are just here for bounties, here is for those who cares about reading and learning.
Stay away from the following exchanges, I have bad experience with them already and I can still see few people getting caught in same trap
1. Vindax
2. Systemkoin
3. P2PB2B
4. Latoken
Not just for fake volumes and watched trade but scams, lose of funds, swapping of withdrawal addresses, you name it, have a great day
Stay away from the following exchanges, I have bad experience with them already and I can still see few people getting caught in same trap
1. Vindax
2. Systemkoin
3. P2PB2B
4. Latoken
Not just for fake volumes and watched trade but scams, lose of funds, swapping of withdrawal addresses, you name it, have a great day
thats why a lot of people suggested to trade only in TOP exchange with good volume such as binance and bittrex
personally i never trade in all the exchange that you mentioned above
yes, the exchanges you mentioned mostly have fake trading volumes from bots, some problems with withdrawals and deposits, the response team is not fast in responding and many other negatives. I can no longer trust the above exchange and a little advice that you should be careful in choosing which exchange to trade.
If discussing bad exchanges will never finish, bad exchanges will always continue to emerge,
especially since the newly launched cryptocurrency exchange project will also find it difficult to attract users,
and of course they will do their best marketing.
especially since the newly launched cryptocurrency exchange project will also find it difficult to attract users,
and of course they will do their best marketing.
I only use huax exchange, binance and bitmax. so I have no such experience for bad exchanges, huax and bitmax has similar interface. But thanks for the heads up warning about those exchanges.
Usually similar constraints often occur on large exchanges such as binance or bittrex, bitmax and big exchanger others and maybe a breakdown factor in the system that causes frequent failures in withdrawals and this is very reasonable in an exchange market in my opinion, so we can say that large exchangers have no problems at all because I have experienced this from several transactions that I have done while using an exchanger like Binance but any complaints about the problems we have will usually be quickly responded to by their CS, and we don't get that in a small exchanges market.
I stick with Kucoin for new coins Most turn out to be great may even have Binance blessing at the end of the day but personally if you want to trade and be a front-runner I will suggest sticking with Binace or any other exchange on the top five list on coingecko or coinmarketcap
Yep. you are right
Before registering a new account at an exchange for the first time, it is important to consider their advantages and disadvantages.
This will ensure that you are choosing the right exchange for you.
But in my opinion, Coingecko provides a better reference than Coinmarketcap, their Trust Score system is more transparent and more trustworthy.
Btw. Kucoin and Binance is my Favorite exchange
I only use huax exchange, binance and bitmax. so I have no such experience for bad exchanges, huax and bitmax has similar interface. But thanks for the heads up warning about those exchanges.
I'm just trying to do my part, I know many won't care and some don't even bother to read anymore, they are just here for bounties, here is for those who cares about reading and learning.
Stay away from the following exchanges, I have bad experience with them already and I can still see few people getting caught in same trap
1. Vindax
2. Systemkoin
3. P2PB2B
4. Latoken
Not just for fake volumes and watched trade but scams, lose of funds, swapping of withdrawal addresses, you name it, have a great day
Stay away from the following exchanges, I have bad experience with them already and I can still see few people getting caught in same trap
1. Vindax
2. Systemkoin
3. P2PB2B
4. Latoken
Not just for fake volumes and watched trade but scams, lose of funds, swapping of withdrawal addresses, you name it, have a great day
Almost everyone has the same experience as you when trying to make transactions in the market that is on your list that's why I personally really avoid exchanges that do have bad ratings from their users as well as new exchanges that don't / not yet credibility trusted users. It looks like the bcnex exchange might also deserve to be on the list as there are often quite long delays in withdraw
I'm just trying to do my part, I know many won't care and some don't even bother to read anymore, they are just here for bounties, here is for those who cares about reading and learning.
Stay away from the following exchanges, I have bad experience with them already and I can still see few people getting caught in same trap
1. Vindax
2. Systemkoin
3. P2PB2B
4. Latoken
Not just for fake volumes and watched trade but scams, lose of funds, swapping of withdrawal addresses, you name it, have a great day
Bad exchanges are those with little liquidity, low security, and high fees. I always look at these indicators. Not all exchanges are writing yet, but sometimes withdrawal of funds can take not a single day, which is very annoying Stay away from the following exchanges, I have bad experience with them already and I can still see few people getting caught in same trap
1. Vindax
2. Systemkoin
3. P2PB2B
4. Latoken
Not just for fake volumes and watched trade but scams, lose of funds, swapping of withdrawal addresses, you name it, have a great day
I see people saying P2pb2b and Latoken are bad exchanges,
I've used Latoken and withdrawal is very fast, is that a bad exchange?
Indeed, IEOs in Latoken are very fraudulent, and the price after listing becomes very cheap and makes big losses,
but I think it is not a benchmark as a bad exchange.
Maybe you are very lucky because my experience was bad in the Latoken exchange. Latoken and p2pb2b exchange IEO are always scam. Latoken withdrawal time is very high. I don't know if people have to use these exchanges when we know that all types of low projects are listed here. I've used Latoken and withdrawal is very fast, is that a bad exchange?
Indeed, IEOs in Latoken are very fraudulent, and the price after listing becomes very cheap and makes big losses,
but I think it is not a benchmark as a bad exchange.
I stick with Kucoin for new coins Most turn out to be great may even have Binance blessing at the end of the day but personally if you want to trade and be a front-runner I will suggest sticking with Binace or any other exchange on the top five list on coingecko or coinmarketcap
We have witnessed several cryptocurrency exchange controversies in the past months until now. And all those controversies is creating a bad reputation or image to an exchange which users caused them not to trust anymore. But we can see that some of those exchanges who's been in controversy solved their problem in just a matter of days or some weeks, and some never come back anymore. The most recent is the OKEx which is until now still hasn't resolved yet. So users who got affected still waiting.
It's been a few weeks OKEX is still delaying withdrawals and this must have an effect on its users. I was lucky a few weeks before withdrawing funds from there due to personal needs and I can't imagine if someone kept almost all of their assets on okex, maybe after this many users will withdraw their funds from there. Jump to: