Crypto Bad Exchanges - page 25. | Bitcointalksearch.org

fortunecrypto

legendary

Activity: 2450

Merit: 1047

Quote from: Mighty_crypt on March 07, 2020, 04:14:37 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

I agree with you, these exchanges has 2 to 5 reports in the scam section and these exchanges representative here cannot defend their position, because the proof are clear and the allegations are all true, so trade at your own risk and be aware of the complaint or they will become your own complaints too.

Banadony

member

Activity: 154

Merit: 10

i only trade on vindax and p2pb2b whenever i have scam projects that have no value. i used those platform to dump tokens not for real trading. i think Latoken is revolving. getting better than before. there is a lot of improvement on Latoken exchange. the Multiple IEO been conducted on the exchange has reduced. Not good to say Latoken is a bad exchange.

herurist

sr. member

Activity: 1680

Merit: 259

p2pb2b which is often discussed because the exchange is very bad many users make complaints about this exchange, and again the IEO who was there was not successful because it was too low in assessing the incoming projects so that many projects committed fraud against the money of p2pb2b exchange investors were affected but I'm glad you have added that this exchange is a bad exchange.

trauchot

member

Activity: 1764

Merit: 10

About the cryptocurrency exchanges p2pb2b and vindax, I completely agree with you, because very often I have to use these exchanges because I participate in many bounty companies that list their tokens on these exchanges, so by my experience I will say that it is better to bypass these two exchanges.

Lantind

sr. member

Activity: 2324

Merit: 263

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Quote from: cahbagus555 on March 07, 2020, 05:51:22 AM

In my opinion, it's best to trade with exchangers who already have a large reputation and have large transaction volumes. Binance is one of the favorite exchangers of many investors because of the large transaction volume and ease of transactions

That's right, and what you're saying is that I think everyone already knows, because exchange binance is really popular and has been visited by many investors, only on this topic everyone is recommended not to use the four exchanges mentioned.

Pecunia non olet

full member

Activity: 882

Merit: 102

PayAccept - Worldwide payments accepted in seconds

What is the motivation to trade on this doubtful exchanges? Lower fees? Binance has 0.1% trading fees. Higher security? Coinbase never been hacked. So what is the real deal on this exchanges?

TopTort777

legendary

Activity: 2394

Merit: 1476

OP, could you be more precise why these exchanges are bad? Share your experience with them.
I know, there are lots of topics with negative feedback and reviews on the internet. But some of they might be written by competitors.

I personally heard lots of negative about p2pb2b, but used latoken few time and didn't have any trouble with it.

tiang_tower

full member

Activity: 826

Merit: 100

Quote from: Byakuga on March 07, 2020, 04:37:09 AM

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

There is no need to expose too far about them, because we can see from some scam victims that occur in the four exchanges, so this can be a reference for us all to stay away from the four exchanges.

khiholangkang

hero member

Activity: 2142

Merit: 594

Quote from: Samayuki on March 07, 2020, 04:47:48 AM

Quote from: Palider on March 07, 2020, 04:46:04 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

I've make several transactions on coinsbit and they never failed me for once, I even joined their airdrop and I was able to sell on the exchange for Bitcoin, I don't see anything wrong with the exchange yet

Only a few people have problems with coinsbit, I've also seen someone who has large funds there and his account is blocked for no reason.
He is very smart, not everyone gets into trouble because if it's like that it will be easy to find out their cheating

BlackFor3st

hero member

Activity: 1932

Merit: 506

Betking.io - Best Bitcoin Casino

Quote from: Mighty_crypt on March 07, 2020, 04:14:37 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

These kind of exchanges should be punished if possible as they are giving bad example to those exchanges that are genuinely rendering their best service to their customers. I also experience and use P2PB2B exchange before and I didn't like what I experience as they have plenty of shady transactions, aside from their fake volume they have also bots that are automatically buying and selling some tokens but if you are going to sell your assets then you can't do it.

I haven't experience the other exchange that you have mentioned but I will make sure that I will avoid them.

Japinat

hero member

Activity: 3052

Merit: 685

Awareness is very important so great job on sharing your experience.
I have also read a lot of negative comments about the exchanges in the OP, so I myself would not use this exchange.

I continue to stick using my old favorite exchange which is Binance and Bittrex, and I am contented with these 2 since I am not an active trader.

tippytoes

sr. member

Activity: 1988

Merit: 275

Quote from: Raflesia on March 07, 2020, 05:23:27 AM

4 This exchange is indeed bad. Many people have been trapped in this exchange. A lot of funds are stuck and it is difficult to return their services. It is also very bad, so it is worth the exchange to have a bad reputation.

If it's like this I will never use this exchange again afraid of being affected when I trade my account funds.

The OP might be referring to Sistemkoin exchange. Sometimes the spelling matters as there are a lot of exchanges imitating and copying the names of exchanges.

https://sistemkoin.com/

Also, I encountered this recently with allegations on sistemkoin. So please be careful in using that exchange or if possible, don't use it at all.

https://bitcointalk.org/index.php?topic=5230892.new#new

And all the other exchanges mentioned by the OP are really shady ones. I haven't had the chance to use them because I already avoided them because of countless complaints so I can't really attest about their shady dealings. But if you can avoid them, I think it is better that way to avoid losses.

cahbagus555

member

Activity: 756

Merit: 12

In my opinion, it's best to trade with exchangers who already have a large reputation and have large transaction volumes. Binance is one of the favorite exchangers of many investors because of the large transaction volume and ease of transactions

Davian144

hero member

Activity: 2576

Merit: 579

Quote from: Mighty_crypt on March 07, 2020, 04:14:37 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 here who only want to get rewards from the bounty also need more learning, because not all bounties are paid according to the rules, so those who only hunt bounties without learning are worth it, and I also strongly agree that we all must stay away from the four exchanges you mentioned, and there are three more exchanges that everyone must stay away from, namely CGCX, IRONX, and BCNEX, because they are all scams.

Raflesia

hero member

Activity: 2282

Merit: 560

_""""Duelbits""""_

4 This exchange is indeed bad. Many people have been trapped in this exchange. A lot of funds are stuck and it is difficult to return their services. It is also very bad, so it is worth the exchange to have a bad reputation.

If it's like this I will never use this exchange again afraid of being affected when I trade my account funds.

qazgroup

member

Activity: 1022

Merit: 20

RiveMont

Yeah, the list goes on even further, i would like to add and alert the xommunity about:
Bcnex
Ironx
These two exchanges have been deceiving their community and sadly i think bcnex is already scam because they are not sending withdrawals while ironx has been under develooment for over 2 years now and the development never seems to end so there is no use depositing in that exchange because it has no volume and your funds can get trapped.

cytpoway121

member

Activity: 1540

Merit: 68

Quote from: Mighty_crypt on March 07, 2020, 04:14:37 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

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.

Free1bitco.in

hero member

Activity: 1624

Merit: 500

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.

bL4nkcode

copper member

Activity: 2142

Merit: 1305

Limited in number. Limitless in potential.

There are lots of them, mostly you can see them here https://coinmarketcap.com/rankings/exchanges/, especially those exchanges launch in 2018 and were ranked from 1 - 10. I'm not even familiar with those but they make a larger volume than those used by many and famous exchanges lmao.

Samayuki

member

Activity: 574

Merit: 24

Quote from: Palider on March 07, 2020, 04:46:04 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

I've make several transactions on coinsbit and they never failed me for once, I even joined their airdrop and I was able to sell on the exchange for Bitcoin, I don't see anything wrong with the exchange yet

Topic: Crypto Bad Exchanges - page 25. (Read 4706 times)