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Topic: Crypto Bad Exchanges - page 10. (Read 4706 times)

sr. member
Activity: 1036
Merit: 281
July 26, 2020, 10:41:25 PM
Few small exchanges are still good, it's not always about top exchanges, few projects still survives using small exchanges like bitforex and Probit  exchange, not all new projects will be able to go big exchanges, some will even be listed on dex only
I get your point, big exchanges means big funds. And some new projects are hard to do it as only have very limited money. I ever discussed with a developer of a new project, I advised him to list the tokens on top/big exchanges but he speak honestly that has no enough money. In this matter, surely the small exchange is only the option. However, don't list the tokens on the small exchanges that have bad reputation like what we see on OP list. Kindly choose small exchanges that can be trusted enough.
Actually many good projects are failing because of the listing, they are saving a lot of money and that is why their tokens are only listed in small exchanges. It is really true that big funds are required when it comes to listing in big and trusted exchange like Binance. Those exchange have higher listing price and only few projects are managed to list their tokens there.
legendary
Activity: 2226
Merit: 1086
Free Bitcoins Every Hour!
July 26, 2020, 07:59:32 PM
Few small exchanges are still good, it's not always about top exchanges, few projects still survives using small exchanges like bitforex and Probit  exchange, not all new projects will be able to go big exchanges, some will even be listed on dex only
I get your point, big exchanges means big funds. And some new projects are hard to do it as only have very limited money. I ever discussed with a developer of a new project, I advised him to list the tokens on top/big exchanges but he speak honestly that has no enough money. In this matter, surely the small exchange is only the option. However, don't list the tokens on the small exchanges that have bad reputation like what we see on OP list. Kindly choose small exchanges that can be trusted enough.
full member
Activity: 1002
Merit: 112
July 26, 2020, 07:50:32 PM
I agree with your list and there are more bad exchanges out there. I had a very bad experience with bitebtc before they use fake volumes to gain traders but once you deposited, you will never withdraw it anymore. Same with Vindax they also use fake volume!
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
July 26, 2020, 07:14:26 PM
Based on what I have seen on the link, the exchange has been around since 2017 which means that they have been getting complaints since this year up to now and nothing has done really to stop this. That is really, what I think, the problem with decentralization, it lets hooligans get away with cheating and scamming people if the accusations are true. Problem is I have not heard any individual that has sued them for fraud on any court. Well, it said that the company is Estonian, then somebody from Estonia should ring bells on media to investigate the said company.
Source: https://www.cointelligence.com/exchanges_list/latoken/
jr. member
Activity: 52
Merit: 3
July 26, 2020, 06:36:29 PM
I absolutely agree with you. We still need to add, they still refuse to restore accounts after losing the codes from the authenticator

what are you talking about, I've lost my 2fa device in the past and it took about a week of emails with support to get it fixed and restore my access, I was surprised to see they acted faster on it than platforms like localbitcoins (which btw took just over 2 weeks), don't recommend losing your 2fa device for your sanity's sake, talking to multiple support teams to restore access is a never ending nightmare.
full member
Activity: 1106
Merit: 103
♦♣♥♠
July 26, 2020, 05:05:25 PM
Vindax and LAtoken have no real volume and that makes any project that already launched on those exchange will actually become the zero value token as there was no demand and people will never try to use these crap exchange sites again after they have a very bad experience with these sites.

I have heard horror stories about LAtoken, but haven't heard much about Vindax.  In the Reddit there is even a sub-forum covering the LAtoken scams. Even here in Bitcointalk, you can find dozens of threads dealing with various scams perpetrated by that exchange. But a lot of people continue to use this exchange, attracted by the low fees and the large number of IEOs using that platform.
I have not heard of these exchanges. But thanks to this discussion, I'll be in the know. By the way, I wonder what he knows about Cryptopia? how are they doing there, probably full (  )(  )
member
Activity: 252
Merit: 15
Sovryn - Brings DeFi to Bitcoin
July 26, 2020, 11:11:48 AM
Few small exchanges are still good, it's not always about top exchanges, few projects still survives using small exchanges like bitforex and Probit  exchange, not all new projects will be able to go big exchanges, some will even be listed on dex only
sr. member
Activity: 1092
Merit: 284
July 26, 2020, 11:00:11 AM
The next exchanges we should be careful about now is Biki, I've been hearing bad news about that exchanges like missing withdrawal, unnecessary locked of tokens etc, I have zero my mind never to use Biki and other small exchanges
Isn't the Biki exchange the best exchange with high liquidity? Are there other sources that say you are so bad about biki exchange?
But we must still be wary of what has happened when someone says it like this.
member
Activity: 210
Merit: 10
July 26, 2020, 10:54:59 AM
Coinsbit? 
Many says that this exchange is connected to P2PB2B and this 2 exchange popular by faking the volume and also listing shitcoins that don't have potential to increase price.  And if you want accurate data much better to visit Coingecko - https://www.coingecko.com/en/exchanges
If I have to choose between the two I will go for coinsbit, it's still better than p2pb2b exchange, coinsbit team supports users better than p2pb2b exchange customer service, I don't believe it's same team operating same exchanges
sr. member
Activity: 2268
Merit: 275
July 26, 2020, 10:20:47 AM
Vindax and LAtoken have no real volume and that makes any project that already launched on those exchange will actually become the zero value token as there was no demand and people will never try to use these crap exchange sites again after they have a very bad experience with these sites.

I have heard horror stories about LAtoken, but haven't heard much about Vindax.  In the Reddit there is even a sub-forum covering the LAtoken scams. Even here in Bitcointalk, you can find dozens of threads dealing with various scams perpetrated by that exchange. But a lot of people continue to use this exchange, attracted by the low fees and the large number of IEOs using that platform.

As far as I know Latoken is not as bad as Vindak, Latoken has designed this well. In fact, I have sold bounty tokens several times, but nothing has been constrained, but in terms of the IEO project, many failures occurred in Latoken because so many projects entered there, maybe because low cost.
sr. member
Activity: 1974
Merit: 453
July 26, 2020, 08:54:40 AM
Vindax and LAtoken have no real volume and that makes any project that already launched on those exchange will actually become the zero value token as there was no demand and people will never try to use these crap exchange sites again after they have a very bad experience with these sites.

I have heard horror stories about LAtoken, but haven't heard much about Vindax.  In the Reddit there is even a sub-forum covering the LAtoken scams. Even here in Bitcointalk, you can find dozens of threads dealing with various scams perpetrated by that exchange. But a lot of people continue to use this exchange, attracted by the low fees and the large number of IEOs using that platform.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
July 26, 2020, 08:50:57 AM
Vindax and Latoken type exchanges are ruining the crypto market and it is causing losses to small investors and at the end, they lose the confidence and trust on crypto market there must be regulation and check on these type exchanges from Crypto main market personalities.
Vindax and LAtoken have no real volume and that makes any project that already launched on those exchange will actually become the zero value token as there was no demand and people will never try to use these crap exchange sites again after they have a very bad experience with these sites.
member
Activity: 449
Merit: 10
swordking
July 26, 2020, 08:39:37 AM
I don't know much about bad exchanges but right now DIGIFINEX havent doning well for their users. Because WPP token has been traded on DIGIFINEX since from very long time but from that time they had pause the WPP related all trades. Still, they haven't lifted the pause on WPP related activities. According to the exchange, they are going through some of the negotiations with WPP officials for their wallets maintenance. I think now the time has come and the team should have to start the WPP as soon as they can.
full member
Activity: 1274
Merit: 100
July 26, 2020, 07:59:27 AM
Vindax and Latoken type exchanges are ruining the crypto market and it is causing losses to small investors and at the end, they lose the confidence and trust on crypto market there must be regulation and check on these type exchanges from Crypto main market personalities.
member
Activity: 238
Merit: 15
July 26, 2020, 03:54:16 AM
A determined team will never use bad exchanges, even if they don't know that bad exchanges exists they will first do their own research, truly if you want something to work you will go any length to make it possible, it's very easy to avoid bad projects today, top exchanges are the answers you seek
full member
Activity: 651
Merit: 103
July 26, 2020, 03:00:44 AM
When it comes to choosing exchange I have simple ways to do it, I just choose exchange that have good reviews and also part of the top exchange around the world like Binance. I'm aware that there are many scam exchange so I do not visit and creating account in a exchange that is not popular and not seems legit. The victims of fake crypto exchanges are keep rising and it is the reason why we should always be careful if we want to open an account and trade cryptocurrencies.
full member
Activity: 899
Merit: 101
July 25, 2020, 08:11:02 AM
The next exchanges we should be careful about now is Biki, I've been hearing bad news about that exchanges like missing withdrawal, unnecessary locked of tokens etc, I have zero my mind never to use Biki and other small exchanges
we should not generalize problem. when someone facing problem in exchange it doesnt mean all user have same problem. maybe when someone have problem in their finance transaction , bixi exchanges have technical problem  just for a while. and after that everything will be fine.
sr. member
Activity: 910
Merit: 267
Vave.com - Crypto Casino
July 25, 2020, 06:01:42 AM
The next exchanges we should be careful about now is Biki, I've been hearing bad news about that exchanges like missing withdrawal, unnecessary locked of tokens etc, I have zero my mind never to use Biki and other small exchanges

I've used BIKI to trade ARCC in the past, no issues then, but this serves as a warning, thanks. Latoken, P2PB2B and Vindax are very crappie wrt fake volume and manipulation. I only use such exchanges if there is no other alternative. For instance if I got a coin via airdrop, and I don't really want to hold the coin, then the only place it's trading is on those shitty exchanges. Aside that, I can't even dream of sending funds there to trade.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
July 25, 2020, 03:22:07 AM
The next exchanges we should be careful about now is Biki, I've been hearing bad news about that exchanges like missing withdrawal, unnecessary locked of tokens etc, I have zero my mind never to use Biki and other small exchanges
I have never used Biki exchange. however, because I might be careful to trade there. it's just that I rarely hear about problems on Biki. Yeah, but it looks like it's worth investigating. I hope that the bad exchange does not increase for now.
member
Activity: 504
Merit: 25
July 25, 2020, 03:11:15 AM
The next exchanges we should be careful about now is Biki, I've been hearing bad news about that exchanges like missing withdrawal, unnecessary locked of tokens etc, I have zero my mind never to use Biki and other small exchanges
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