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Topic: Crypto Bad Exchanges - page 16. (Read 4706 times)

full member
Activity: 491
Merit: 100
May 03, 2020, 05:15:54 PM
Very well said, my concern first if all is why would some Dec list in those shitty exchanges,why would traders use those exchanges too? I remember someone saying when he wanted to withdraw from vindax what he saw was not complete,imagine the stealing,traders should just avoid such exchanges totally.
copper member
Activity: 280
Merit: 5
May 03, 2020, 05:14:18 PM
You just ready mind, you are very correct. The aforementioned exchanges have bad reputation and I really do wonder why projects still list on these exchanges despite its bad reputation from users. I have been a victim especially P2PB2B. I lost money there and withdraw fee is also high. They should please do something.
full member
Activity: 826
Merit: 104
May 03, 2020, 04:29:32 PM
you are so correct .these are worst exchange and also there are few more exchange you can add in your list .BCNEX is another crappy scam exchange.never deposit your fund .
full member
Activity: 560
Merit: 102
May 03, 2020, 03:30:34 PM
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 used the exchange several times because several bounty campaigns that I had participated in were listed on the exchange. Fake volumes and manipulated buy orders are often seen, but I have never experienced any problems other than that. Bad or not, the exchange has become my intermediary to be able to get money. It can't be said that it's really safe, so leave immediately if you've got what you want. For trading, if it involves a lot of assets, only use trusted global exchanges.

Some projects use these exchanges to attract investors and bounty hunters, with the bait: tokens already registered / will be held ieo in ...
Consider it well, do a deep analysis. Don't be easily provoked.
sr. member
Activity: 966
Merit: 254
May 03, 2020, 03:29:06 PM
Add to the list BCNEX exchange. I do not understand why noone reported about the crime authorities in Vietnam, they are not processing withdrawals for about half year, while deposits are working! Terrible behavior!  Roll Eyes
jr. member
Activity: 81
Merit: 1
May 03, 2020, 03:12:20 PM
I would say in one sentence expel them. If you get minimal information about them, please drop them in Ether.
full member
Activity: 742
Merit: 101
May 02, 2020, 03:12:32 PM
there are a lot of bad exchanges that are coming out in the crypto industry..I am using P2PB2B and I dont have any bad experience or any delay to them..

member
Activity: 322
Merit: 10
May 02, 2020, 07:30:03 AM
Nothing can be done about exchanges with fake volumes but there is a way to did make people be more aware of these exchanges and avoid them at all cost, rating websites like coinmarketcap and coingecko needs to give such exchanges a very bad ranking, doing this will make newbies ignore them
member
Activity: 840
Merit: 10
May 02, 2020, 07:23:35 AM
yes i am agree with your suggest also P2PB2B, Latoken and coinexchnage.io is same as fraut with all crypto trader. It was a bad system all of deposit and withdarw . I just say lot of experience in this exchange so we will all stay away from these exchanges.


I am not for or against, i just gave an instance for what can i do.

Many new exchangers are emerging now, and I think we need to be vigilant in choosing exchangers to make transactions because it involves the security of the funds we have. In my opinion, choosing a large exchanger that already has a good reputation is the main thing because in addition to being trusted, large exchangers are usually only listed as good tokens or coins
jr. member
Activity: 79
Merit: 1
May 02, 2020, 07:07:51 AM
The behavior of the described extensors is absolutely wild, with no way to deal with them. As a result, the way they encourage investors to invest in the blockchain market will one day disappear. But the good news is that action is being taken.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
April 28, 2020, 01:14:43 PM
Yes, however there have been many recommendations and feedback for each exchange, so that way I don't think it's a reason anymore when you get scammed because of bad exchanges in this market. It's better for us to only use reputable, trusted and long-standing exchanges in this market, because only this way we will be safe and even so, there is a time for us to use these exchanges if indeed tokens can only be traded there but still use only for sale buy fast and not recommended for us to save our funds there, still be careful.
One is selling quickly in exchange for a bad reputation so selling the token of results from the bounty will be better and it will not be a problem for those who sell so because they don't keep the assets for too long there.
Whatever it is with the exchange of a lot of negative feedback, we need to be avoided.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
April 28, 2020, 12:58:20 PM
Yes, however there have been many recommendations and feedback for each exchange, so that way I don't think it's a reason anymore when you get scammed because of bad exchanges in this market. It's better for us to only use reputable, trusted and long-standing exchanges in this market, because only this way we will be safe and even so, there is a time for us to use these exchanges if indeed tokens can only be traded there but still use only for sale buy fast and not recommended for us to save our funds there, still be careful.
member
Activity: 299
Merit: 13
April 28, 2020, 12:50:12 PM
Yes you are right. In this market there are lots of exchange available and many of them are not usable. They did many kind of scam like volume pump , high withdraw charge. I have some bad experience regarding latoken. They paused my withdraw for more than 8-9 days. Their is no proper customer service available. So I would suggest you guys that stay away form this kind of exchanges. And when you are going to use small exchanges please do some research forst.

This is the most weird thing I could hear. You are writing about something impossible, indeed. The only option that your statement is the truth is you made some real mistake, didn't understand it, I don't know what it could be else. Anyway, as long as I use Latoken, I've never had ANY of such issues.
sr. member
Activity: 1344
Merit: 250
April 28, 2020, 08:18:45 AM
I have done the trade on exchange P2PB2B volume false and many IEO going on here do not know how the IEO that failed too many on P2PB2B exchanges. has a bad reputation because of the exchange is not too good for investors to invest their money. many IEO price falls and the price below the price of the IEO exchange using a bot to increase their volume to get a good volume and trusted by investors when all false volumes for defrauding investors to entice them to trade in their market.
full member
Activity: 653
Merit: 183
April 28, 2020, 06:22:43 AM
Thanks for the list of bad exchanges. Hope more people will know and put more name to the list to help spread awareness of bad or scam exchanges. Please pressure the project you followed to change to a different exchange if you see project want to list on those bad exchanges.
hero member
Activity: 994
Merit: 503
April 28, 2020, 05:25:28 AM
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
Those are the exchanges with the most fraudulent IEO projects I've ever known. For projects that want IEO in the above exchanges, I will out and never work for them. Most exchanges only make the price of the token worse because no one buys the token and no volume. Another bad exchange is Yobit, a lot of people have problems locking their accounts and stealing money on it but are not supported. Be careful with low volume exchanges and support for shit projects, we can lose money anytime.
member
Activity: 882
Merit: 13
April 28, 2020, 05:14:12 AM
Vindax at fist I thought it was a decent Exchanges but soon after hearing some  negatives remarks about the exchange then it's now a red flag to me. While talking about Latoken if many people consider as bad or scam exchanges then how come many projects are still opting to do their IEO and listing over another more decent and refutable exchanges in the market?
sr. member
Activity: 1218
Merit: 254
Trphy.io
April 28, 2020, 04:47:52 AM
You are very right with your list and as they are all scam exchanges. They always list project that doesn't have a real use case scenario and they are characterized by fake volume. I am still wondering those who are using those exchanges
Maybe who still use those Exchange is bots that were created by Exchange to deceive us. I personally never used the Exchange until now because of their bad reputation in Crypto Exchange. Maybe people who are still using those Exchange are affected by the fake volume they see.
full member
Activity: 1316
Merit: 104
CitizenFinance.io
April 27, 2020, 07:59:19 PM
You are very right with your list and as they are all scam exchanges. They always list project that doesn't have a real use case scenario and they are characterized by fake volume. I am still wondering those who are using those exchanges
full member
Activity: 1848
Merit: 158
April 27, 2020, 07:17:16 PM
I'm sure you've had a bad experience with this exchange name. but I have also done exchanges on this exchange [latoken]. and I'm fine and don't feel any clumsiness here. but the trade that I do only has a small amount.

Honestly, the list will be long if we will to include those shady exchanges with fake volume and all. Now that the number of crypto exchanges are growing, expect that the wash trading will be everywhere to make them appear that they have active trading going on. If you are a trader, observe first the movement of the specific coin that you wanted to trade, you can already see if there is trading manipulation going on. You have to get away from those exchanges because it is hard to compete with those bots.
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