Topic: Exchanges are not recommended. - page 3. (Read 1693 times)
I do not know such exchanges. However, I try to avoid those exchanges that require my KYC, I believe that there is no need to provide their data for trading, but the exchanges want to insure themselves before the SEC and are afraid of it.
It's a technique that you have to know so that you won't be deceived. Many are doing that. So be careful on fake volumes. If you want to avoid being trapped by it, you should start learning how to read the chart. You won't be fooled if you won't let them fool you.
I have heard that there are some exchange platforms that deceive traders and even owners of new coins, Tell us your story with a bad exchange platforms that you do not recommend.
Help others to avoid this exchanges that cheat traders
Help others to avoid this exchanges that cheat traders
Unfortunately it is true that some exchange are guilty of cheating devs or traders, some go as far as manipulating trading volume and their order book for personal interest.
Personally, I believe a very few exchanges among hundreds! Because most of the exchange has fake trading volume, only bot trading, no real buyers and many other problems. People are very aware of Yobit exchange, now IDAX is the second one.
As you know new exchanges launching every day, you should not join every exchange and that exchange have a good ranking in coinmarketcap that should be joined, I have a bad experience with HITBTC, don't join this exchange because of freezing accounts.
I am not boasting, I have never had any bad experience with exchange ever since I joined the cryptocurrency market, and even down to my local exchange, I am also very picky about them and I try as much as possible to go for the best of them after making my research. Before Binance was launched, I started using Polenix, but before Polenix started having the issue they had then which would have made me have bad experience, I already switched to Binance, and I must say that ever since I have been suing Binance exchange, I have never for once had issue and even when they were hacked then, it didn’t affect me, although I was just amongst the lucky one.
Before Binance would have issue, I would have simply found another reliable exchange because I am not happy with the things that I have been hearing of them lately.
Latoken exchange that keeps on adding coins and after listing the coin it will sure make a good dump but as I said before their service and support is good
yeah, i agree with you. i don't know who's wrong on that case and why Latoken team not delisting some of coin that have no volume and they keep adding alot of coins, and dont forget with sistemkoin. honestly i dont have issue with them but there's alot issue with sistemkoin on scam accusiations board.
I'm in crytpo since 2016, you didn't believe i used hundreds exchanges, the is that i love to trade on small coins because they've more possibilities of pump /dump, so i used small exchange and top exchanges too, and i knows about many many exchanges and believe me many exchanges have 80 % fake volume just to attract other project to get listed even some exchanges have 95% fake volume it's not just saying it's true, even i can find fake volume exchanges in top 20.
LAToken exchange is the worst in my opinion, because a lot of tokens that are not clearly registered there and have no volume
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I have heard that there are some exchange platforms that deceive traders and even owners of new coins, Tell us your story with a bad exchange platforms that you do not recommend. Help others to avoid this exchanges that cheat traders
I can remember an incident that was happen with me. Normally i have had tread on "Mercatox exchanger". Everything was Good but when i did withdraw from that exchanger to "Binance", my dollars had vanished. After some Research, Actual reason I've found is that,, Some exchanges doesn't support desposit/withdraw from exchanges to exchanges. So be careful about it. That kind of exchange should be closed because they are the same as stealing their own users money.
There gas not been any exchange I have had bad experience with, but at the same time, I am always careful of where I trade. I would have actually mentioned the name of an exchange, but I later got my fund, except that it was delayed for few days.
As you know new exchanges launching every day, you should not join every exchange and that exchange have a good ranking in coinmarketcap that should be joined, I have a bad experience with HITBTC, don't join this exchange because of freezing accounts.
I have heard that there are some exchange platforms that deceive traders and even owners of new coins, Tell us your story with a bad exchange platforms that you do not recommend. Help others to avoid this exchanges that cheat traders
I can remember an incident that was happen with me. Normally i have had tread on "Mercatox exchanger". Everything was Good but when i did withdraw from that exchanger to "Binance", my dollars had vanished. After some Research, Actual reason I've found is that,, Some exchanges doesn't support desposit/withdraw from exchanges to exchanges. So be careful about it.
I this market there are many Exchanges available. But you can trust very few of them. Even sometim trusted Exchanges are also fall. So be careful. I used a lots of Exchanges and simply speaking there is mnay problem regarding small Exchanges firstly the volume secondt the customer service.but in big Exchanges there is no issue regarding volume, and customer service also good. So if you have to use a EXCHANGE service you ACN go with either Dex or some pro Exchanges like binance or huobi or okex.
There are new exchanges popping up every single day, and a big number of them are outright scams.
I sometimes wonder WHY crypto hasn't moved to decentralized solutions yet, as we see exchanges getting hacked left and right all the time.
A great example of a true DEX solution is Stakenets Lightning DEX.
- Near 0 fees
- Fast transactions if you trade over the lightning network.
100% privacy, maximum security, and ease of use.
It's so decentralized by running on masternodes, that even if the devs was asked to shut down the DEX, they can't.
Do your own research on this one!
I sometimes wonder WHY crypto hasn't moved to decentralized solutions yet, as we see exchanges getting hacked left and right all the time.
A great example of a true DEX solution is Stakenets Lightning DEX.
- Near 0 fees
- Fast transactions if you trade over the lightning network.
100% privacy, maximum security, and ease of use.
It's so decentralized by running on masternodes, that even if the devs was asked to shut down the DEX, they can't.
Do your own research on this one!
I have heard that there are some exchange platforms that deceive traders and even owners of new coins, Tell us your story with a bad exchange platforms that you do not recommend.
Help others to avoid this exchanges that cheat traders
Help others to avoid this exchanges that cheat traders
Just stay away from green exchanges. Only use tried and tested exchanges
You sometime get marveled when you hear the stories, some just fake volumes and even amount raised to just deceive investors to put in much into the project. Personally I don't trust any exchange I just do business with them when I need them.
I have heard that there are some exchange platforms that deceive traders and even owners of new coins, Tell us your story with a bad exchange platforms that you do not recommend.
Help others to avoid this exchanges that cheat traders
Help others to avoid this exchanges that cheat traders
My story is that - as soon as I settled on some of the popular exchanges - so they introduced KYC as a prerequisite for continued trading. I believe that cryptocurrencies were created for anonymity, and not to create the next stock market. Therefore, I do not trade on such exchanges.
This your heading should have been some exchanges are not recommended and that will be absolutely the truth. Some are majorly scam who worked with fake ICO teams in which they connive to dupe the unsuspecting cryptocurrency investors which are mostly newbies.
I think that next scammy exchange will be Latoken and VINDAX, these exchanges showed that only care about quick profit.
See CMA scam accusations against VINDAX.
See CMA scam accusations against VINDAX.
Always do your research when visiting new exchanges. Don't believe the reported volume. You should go see how thick the order book. You can also use a DEX, but find out if they can block access to your funds once they're down. A true DEX will not be able to do that.
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