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Topic: Crypto Bad Exchanges - page 5. (Read 4724 times)

jr. member
Activity: 644
Merit: 7
October 21, 2020, 07:48:14 AM
P2PB2B is worst exchange.
ICO always failed.
Vindax is also same category.
Your list 8s just correct.
full member
Activity: 588
Merit: 100
October 21, 2020, 04:29:47 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

This is true, Coinmarketcap isn't really checking if the volumes are correct. Maybe it is programmed on that way for faster listing, but hopefully their devs will fix this kind of mess.
newbie
Activity: 2
Merit: 0
October 21, 2020, 04:06:07 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
This is actually a game of money. Big exchanges don't need to use money to buy their reputation, they only use money to attract traders to their exchange. As for shit exchanges, they use the money to cover the eyes of the top crypto market rating sites. Coinmarketcap is one of the typical examples, they themselves accept fake volume metrics coming from shit exchanges like Vindax, P2PB2B, Latoken, Probit, ... that made things fake.

I'm not sure about other exchanges but I've had decent experience with Latoken. Created my account with them about 6 months ago. Guys I think it has more to do with our own understanding and knowledge than exchanges. Not everyone is a winner even on S&P 500 every time. Last thing we want in blockchain world is monopoly. Don't let one exchange control everything. We definitely need exchanges like Latoken and others for fair competition. Just my two cents...
full member
Activity: 812
Merit: 142
October 16, 2020, 10:25:50 AM
I think the best way to figure out whether an exchange platform is ok or not is to check it from coinmarketcap. Check the volume of the exchange. If the volume is one of the highest one for the pair you wanna trade, you can try it.

Also, check how long the exchange is being existing and how is the feedback form the users. Also can check some other threads in this forum which users post what problem they are facing on that exchange etc so that accordingly you can review it. But also, if anyone is a long term holder then do not keep coins on any exchange for that matter to eb safe than regretting latter. 
sr. member
Activity: 1778
Merit: 385
October 16, 2020, 10:14:31 AM
Yobit is the worst cryptocurrency exchange I've ever used. I had tried to withdraw bitcoins from Yobit in the past and they didn’t make my payment for 4 days. They don’t give any confidence. I am not the only person thinking like that since we all know that there are already quite a lot of anti-Yobit members in the forum.
full member
Activity: 588
Merit: 104
October 16, 2020, 06:56:09 AM
I think the best way to figure out whether an exchange platform is ok or not is to check it from coinmarketcap. Check the volume of the exchange. If the volume is one of the highest one for the pair you wanna trade, you can try it.
sr. member
Activity: 1162
Merit: 253
October 15, 2020, 06:52:50 PM
Personally i believe a lot of these smaller exchanges should merge together their systems for better liquidity
i have one lost a lot of tokens on a exchange because i could not trade them all and i have to transfer to other exchanges just so thati can trade
at the end of the day, i spent almost the value of the tokens in transaction fees
This is bad and some exchanges like P2B2B exchange are guilty of these.
that is why you should be able to do research in advance about the exchange, there are many bad cases in the exchange that you are using, too bad maybe you are too late to realize that the exchange you are using has been hit by a case that made many people lose, hopefully you can make the experience that's a very important lesson.
member
Activity: 431
Merit: 18
October 15, 2020, 06:42:16 PM
Personally i believe a lot of these smaller exchanges should merge together their systems for better liquidity
i have one lost a lot of tokens on a exchange because i could not trade them all and i have to transfer to other exchanges just so thati can trade
at the end of the day, i spent almost the value of the tokens in transaction fees
This is bad and some exchanges like P2B2B exchange are guilty of these.
jr. member
Activity: 966
Merit: 1
October 15, 2020, 06:14:54 PM
i have no account with this four exchange but i feel that there are not a big exchange. many scam project are listed in some bad exchange & showing volume high. thats why people fall a trap & goes to buy. so we need to care before invest in some fake exchange. better to try invest in binance or some big exchange.
full member
Activity: 1382
Merit: 105
October 15, 2020, 05:18:24 PM
Most of the exchanges coming to want to make money from projects and investors, so before joining or trade-in any exchange, we should research the exchange to minimize our risk and time, so don't join these projects are listed in low rank or scam exchanges.
full member
Activity: 902
Merit: 112
October 15, 2020, 01:22:41 PM
top 4 worst exchanges ever i think.many times those got recognized as a top exchanges in coinmarketcap when it was based on volume and cmc didn’t care fake or real volume.i have seen no enough buy or sell order all of tokens trade pair. those exchanger normally will paid ur requested withdrawal tokens but when big players deposited than account will be blocked or ur money will disappear.  
member
Activity: 300
Merit: 11
FRX: Ferocious Alpha
October 15, 2020, 01:03:39 PM
It is important to double-check on any exchange that we choose to use, there are many exchanges that are full of dubious acts, some are in operation to scam people and pretend as if it is not their fault. My advice for anyone that wants to trade on centralized exchanges is to do a double-check on the exchange before entrusting your assets to the exchange.
sr. member
Activity: 1316
Merit: 254
United Crowd
October 15, 2020, 11:13:25 AM
If you are a beginner, don't ever dare to deposit assets in new exchanges, exchanges with little liquidity, and unlicensed exchanges. because even licensed exchanges can still be broken into by hackers, and the exchange ends up closing, even less if you choose an exchange carelessly  Embarrassed , then you should just trust an exchange that has been proven safe.
hero member
Activity: 1498
Merit: 537
October 15, 2020, 10:29:56 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 have used all of these exchanges before and faced problems with all of them. I want to add some more exchange to your list. Coinsbit, HitBTC are two exchanges that I have face problem with too. HitBTC has a ridiculous amount of withdrawing fees and Coinsbit listed scam project in their Exchange. These exchange use bot trading to show fake volume in their platform.
full member
Activity: 700
Merit: 100
October 15, 2020, 10:09:26 AM
Add another name to the list is Cryptaldash.They scammed me over 1000$. They always show fake trade volume in Coinmarketcap.Everyboby Stay away from this exchange if you don't want to lose your money.
full member
Activity: 256
Merit: 100
October 15, 2020, 09:24:15 AM
Extstock is one of them.
I lose my 3 eth on this exchange.
Withdraw is not available.
So be careful.

Most of exchanges are not popular and not trade for them it's better to see on coinmarketcap and those you can see the popular exchanger you can start and to use, many of exchanges right now are not good if the coins not pumping up.

It is best not to trade at exchanges where the first time you hear the name, the cryptocurrency market always has many exchanges for you to choose to buy or sell. Bad exchanges, they sometimes have members sign up and deposit, they create them just for scams.
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
October 15, 2020, 09:12:51 AM
Extstock is one of them.
I lose my 3 eth on this exchange.
Withdraw is not available.
So be careful.

Most of exchanges are not popular and not trade for them it's better to see on coinmarketcap and those you can see the popular exchanger you can start and to use, many of exchanges right now are not good if the coins not pumping up.
jr. member
Activity: 163
Merit: 1
October 15, 2020, 09:03:54 AM
Extstock is one of them.
I lose my 3 eth on this exchange.
Withdraw is not available.
So be careful.
full member
Activity: 700
Merit: 100
Proof-of-Stake Blockchain Network
October 15, 2020, 12:40:05 AM
There are such of exchangers and not suited to trade because there are no volume of your coins in that means no people and no more people using it. So the problem is that your token is useless that they list on those exchanges.
hero member
Activity: 2212
Merit: 670
Signature designer - start @$10 - PM me!
October 14, 2020, 10:21:49 PM
Personal experience will have a different impression and I agree with @NoG-NoG @Banulit @fosco333
LaToken isn't too bad. I had very good experience trading there before the version was upgraded to the current one. Scalping and even depositing all my assets at that time to trade there because of the huge profit opportunities. Deposits and withdrawals proceed without problems. Unfortunately I can't show my trading history, they were deleted after the exchange version was upgraded 1 year ago.
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