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Topic: Crypto Bad Exchanges - page 22. (Read 4724 times)

member
Activity: 1204
Merit: 38
March 08, 2020, 02:47:02 PM
#85
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
OP probably you need to edit this post because there are hundreds of scam exchanges available on that some are complete scam and few of them were not complete scam but they are having shady behaviour which can be seen on exchanges like Yobit,Hitbtc,Poloniex and the list goes on.
full member
Activity: 812
Merit: 114
March 08, 2020, 02:43:52 PM
#84

*snip

1. Vindax
2. Systemkoin
3. P2PB2B
4. Latoken
5. Exrates
6. Coinsbit

Many hunters still not using exrates exchange though who's are fortune because in the exchange i got worst experienced. And i think now this one scammed. Who guys assets stolen both of these exchanges they already making warned to created scam accusation. New members didn’t care fake exchanges.                            


Not only new members rather some old high ranked members are promoting these shit exchanges' IEOs, which are absolutely wrong decision! Yes, Exrates is already scam, I saw all the crypto exchange advised by the Sydney Ifregan are shady or suspicious! Localtrade, Alterdice, Coss all exchanges are becoming shit! So, everyone should spread the truth against these exchange so new members can realize their mistakes!
full member
Activity: 714
Merit: 100
March 08, 2020, 02:38:10 PM
#83
yeah all of the mentioned exchanger is shit and have bad reputation (Scam).You should add coinsbit, coinsbit is also well known scam reputation.they scammed so many traders, you can check it out.also they have a shit coin.add coinsbit as a scam exchanger.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
March 08, 2020, 02:21:31 PM
#82
I agree with your list. These exchanges are involved in various shady works. They have taken people's money by listing various scam projects fake IEO. And they always tried to come in the CMC top list by showing fake volumes. Which is a shady behaviour. I'll tell Newbie stay away from them never deposit any fund to these exchanges. 
full member
Activity: 565
Merit: 100
BountyMarketCap
March 08, 2020, 02:10:25 PM
#81
so far, I've only heard from others about this exchange. however, I have also avoided that since I saw the volume of p2pb2b, and vindax became bigger than other exchanges. In addition, there are several projects whose exchanges also require special attention such as BCNEX. however, a market like this needs to be avoided if it doesn't develop.
yes you are right, we must remind each other, for BCNEX it is best not to deposit this exchange, I have been unable to withdraw my funds from the BCNEX exchange for two months it's very surprising for a new project.
sr. member
Activity: 1036
Merit: 275
March 08, 2020, 02:08:07 PM
#80
I agree perfectly with the suggestion of the OP, these exchanges are not worth trading on. Don't even sign up to trade over there as they can exit scam at any point in time and fake news of stolen funds by hackers. You know sometimes I do ask myself, how do we really know that hackers stole the funds but rather this is not a whole plot by the entire team of the exchange.
full member
Activity: 756
Merit: 101
Oikos.cash | Decentralized Finance on Tron
March 08, 2020, 02:02:56 PM
#79
Latoken is a very doubtful exchange. I don’t understand how to relate to it. when this exchange first appeared it was very popular, but then it began to do very dirty things. they conducted IEO for any scam project. Now they have made a new design for their exchange and they continue to exist.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
March 08, 2020, 01:49:00 PM
#78
Sometimes I've seen those exchanges are in the top volume in the coinmarketcap so I can say that they are using fake volume because they are not popular exchanges. We should not use those using fake volume.
Just try to remember never try to use any exchange site that placed at the top rank on CMC, we are really aware about that and it looks like so many people have already realized the potential of those exchange sites have already used manipulation to fool the traders. I personally never try to use CMC again. im tired to see that
Snap out of it buddy, are you saying using exchange like Binance, coinbase Pro etc is not advisable when you said using top listed exchange on the capital market?
You said it yourself that those exchange site fake volume then why is capital market is the one to blame when they only give out the volume information posted on exchange site?
member
Activity: 285
Merit: 10
March 08, 2020, 12:09:22 PM
#77
Thank you for sharing. I already switched to using AtomicWallet as a decentralized non-custodian wallet where I control my funds. Exchanges suck. All those you listed here have pretty suspicious and bad record.
member
Activity: 742
Merit: 12
March 08, 2020, 11:59:35 AM
#76
The most annoying part about these crypto exchanges is their ranks on rating websites e.g coinmarketcap, I wonder how this website get so blind and over look the fake volumes and watch trades, they need to be exposed

Because of the API signal they provide, the ranking sites shows such data. I don't they'd prefer a manual option for each exchanges, however they should add exchanges hand pick only. Also, you can watch Coingecko for an extra layer of trust score. It's seems moderately fair.
hero member
Activity: 2128
Merit: 520
March 08, 2020, 11:40:55 AM
#75
These exchanges are the worse when it comes to volume and listing. Many tokens have been listed without much reviewing on these exchanges. Especially p2pb2b exchange which list all project on their IEO even the new project doesnt even have potential or good concept.

I am not familiar with systemkoin exchange but the other mentioned are clearly doing some fake volume and manipulations.
I have no idea in the systemkoin exchange even i heard first time and another 2 exchanges i used several times. Maximum projects is chosen and endorsed specially in two shit exchanges latoken and p2pb2b. No doubt to garbage  which projects will engage in those exchanges to IEO purposes. They obviously well familiar before list here.              
The problem of those projects being added to this exchange which they can easily manipulate using fake volumes and bot that will work in their favors, Everything should be assess and never to take for granted, it's your money or assets that you needed to take care.
Observe how this exchange behaves and it's better to stay away from those to avoid losing your funds.
member
Activity: 518
Merit: 28
March 08, 2020, 11:26:10 AM
#74
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
I don't think they are managed by same team, it's just that they offer same kind of shitty and scammy service, some lost funds on this exchanges and some don't, it's like a game
legendary
Activity: 3108
Merit: 1029
March 08, 2020, 11:00:56 AM
#73
Sometimes I've seen those exchanges are in the top volume in the coinmarketcap so I can say that they are using fake volume because they are not popular exchanges. We should not use those using fake volume.
Just try to remember never try to use any exchange site that placed at the top rank on CMC, we are really aware about that and it looks like so many people have already realized the potential of those exchange sites have already used manipulation to fool the traders. I personally never try to use CMC again. im tired to see that
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
March 08, 2020, 10:24:47 AM
#72
These exchanges are the worse when it comes to volume and listing. Many tokens have been listed without much reviewing on these exchanges. Especially p2pb2b exchange which list all project on their IEO even the new project doesnt even have potential or good concept.

I am not familiar with systemkoin exchange but the other mentioned are clearly doing some fake volume and manipulations.
I have no idea in the systemkoin exchange even i heard first time and another 2 exchanges i used several times. Maximum projects is chosen and endorsed specially in two shit exchanges latoken and p2pb2b. No doubt to garbage  which projects will engage in those exchanges to IEO purposes. They obviously well familiar before list here.              
member
Activity: 476
Merit: 22
March 08, 2020, 10:16:05 AM
#71
Crypto space is not safe at all, you have to watch out for yourself in every corner, both when investing in coins or when choosing exchange to trade, dangers lurks in every corner, you are on your own, precaution is better than cure
member
Activity: 728
Merit: 19
KUWA.ai
March 08, 2020, 10:15:20 AM
#70
I have used all of those exchanges. Vindax was the worst exchange ever. P2PB2B has a very high fees and fake volumes. From that list you give latoken is the only exchange that is better than the other 3 at least. There are other exchanges that are also bad as well. Here are some of them. Coinlim, Coinsbit, Whitebit, etc. Stay away from this exchange.
full member
Activity: 1820
Merit: 107
March 08, 2020, 10:11:29 AM
#69
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

To be frank, i do not rate those listed exchanges at all,

Vindax, all airdrop tokens i have on vindax are worth nothing but 00$.
Its been over a year i used latoken.

To be honest, you cannot avoid any crypto currency exchange because as an airdrop or bounty participants, you are linked to the exchanges one way or the other.
Most recent example is this, just 4 days back, i sold Faireum Token (FAIRC) (Bountyhive bounty token) on P2PB2B at a very good price.

My advise is this, if you are a full grown trader, then do not go near those exchanges, use the top rank exchanges always, But if you have altcoins to sell on the listed exchanges, use them, sell your altcoins, and withdraw your assets immediately.

I am not for or against, i just gave an instance for what i would do.
DYOR and be responsible for any exchange you trade with.
I agree with your observation it depends on what you are doing and your purpose, if you are a bounty hunter or airdrop hunter those exchange that you mentioned, is the most common market for it. so why you are avoiding them it is better to ride with the flow to monetized your bounty tokens or Airdrop tokens thats simple.
member
Activity: 1008
Merit: 12
SAPG Pre-Sale Live on Uniswap!
March 08, 2020, 09:59:13 AM
#68
Well i agree witht he listbut there are many many more exchanges that fall in suspicious category so we all have to be careful and only deposit and trade at reputed platforms only to avoid risk and loss of money. I have also seen complaints from members about exchanges who allow deposits but reject withdrawals such exchanges should also be reported and never used by anyone.
full member
Activity: 664
Merit: 100
March 08, 2020, 09:57:21 AM
#67
I agree with the list of exchanges that you enter, some exchanges that often create fake volumes to increase their exchanges, so they can claim they are one of the best exchanges.
sr. member
Activity: 1526
Merit: 251
March 08, 2020, 09:54:25 AM
#66
I agree with the list ,all of them is just using a fake volume to be known and to be able to ask higher for listing in thier exchange. Since they are claiming they are one of the top exchange base on volume.

But if you use and register that exchange you will easily identify fake trades and fake volume they do just to be in the top.


yes, exchanges like this make purchases and sales that make no sense.
for example, in ltc coins, sell and buy simultaneously with a different, thin amount.
and when I place a sales order, it doesn't sell because the price changes immediately when someone places a sales order.
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