Topic: Exchanges are not recommended. - page 4. (Read 1693 times)

anyone who used that exchange site already known very well about any risk that will be gotten by them all consider about that's centralized exchange site. Anyone has already sent their amount to that exchange site in their consequences they must deal with that risks.

yeah you judged all of them before research anything.
This is your fool when lost of your on exchage, because don't researcing and asking where your invested.
post it to https://bitcointalk.org/index.php?board=83.0 when you have scamed or posting there when you fund new one.

Almost all exchanges inflate their trade volume, the data you get on coinmarketcap as the total daily trade is inflated, that is why a single buy order of say 100 million USD for bitcoin can be enough sometimes to shift the market position. What one should be more bothered about is if the exchange are not going to pull some exit scams on users, those are the more serious concerns

Remember to choose only in a site which really has good reputation before. Don't keep too much money on new exchange site, if they are got hacked, their site will be close and you lost your money. Choose like binance or poloniex, even they ever got hacked, they are 100% responsible for any user which their fund have lost during the hack.

Actually, i will keep in mind all exchange not recommended because we dont know what will happen, there is no guarantee the exchange keep active.

I dont know about not recommended exchange because for me, i worry to try exchange which dont have reputation

Fake volume is the exceeding trouble in crypto exchanges, they use trading bots for increasing the daily volume which is fake. The fake volume draws more attention from investors and traders who realize this experience after visiting the exchange. New exchanges don't care about the traders and they are there for making money. Bitcoin pairs are mainly used for bot trading. 

I least like the new exchange. There are still many bugs and obstacles in the transaction, sometimes the support is also not responsive. So it's better not to save funds in exchange wallets, the risk is too big, a lot of manipulation, including the fake volume you mentioned.

The main problem of these exchanges is they can do whatever they want. manipulating the trading volume is the main problem. they do that to attract traders to the exchange.  no one can know it.

I think all exchanges are cheating, because they showing unreal volume of trade, also dont hold your funds on exchange, I was holding tokens on coingather, they stole all funds and close the site..

I personally have not yet got to the fake exchange and very happy about it, as my friends were on such exchanges, and then could not get their money back, so be careful with the exchanges

As long as I trade in exchange I have never experienced fraud from an exchange. I also haven't found an exchange that cheats trade. hopefully not bad things don't happen to me.

I am still not faced with problems, i am used not many exchanges it was IDEX Latoken Coineal and STEX.
All this exchanges i am use for selling token which trades only in one of this exchange amd allways successfully withdraw my funds

Most of exchanges on the market are trash at the moment, because all of them are manipulating trading volume and token prices. Binance, Huobi, Kucoin and IDEX are my favourite exchanges, because it did not mention any suspicious activity on those exchanges.

some let us not do KYC, but there are minimum deposit and withdrawal limits that we can do. yes if our goal is to trade I think choosing a really good exchange is the right choice. but if it's only to sell coins from a bounty, I guess wherever we can sell it.
but my advice is to avoid yobit.

I was once paid a bounty. I was so patient and waited and then it went up and I was pleased to sell it off. The only place that traded the token was OKEX and that is the only reason I used them.
They wanted my phone number which I did not like one bit, I did it anyway since I wanted to sell. I deposited with no problems. I traded for 0.025 BTC which was a handsome reward for the work I did. Wating had paid off and I had doubled the investment since I was paid the bounty. I then go to withdraw.....

Some crap about "suspicious behaviour" I don't know what is suspicious about making a trade and wanting to withdraw so I immediately knew what was going on. They were counting on me not to reveal my KYC so they could keep the btc (which they did) I haven't logged in since.

They held my btc ransom and exploited their position and blackmailed me. I will never use CEX exchange ever again. They will always use KYC as a weapon.


I am too afraid the CEX exchange steals my crypto and blackmails me for KYC. DEX will not do this to me. They risk is less. MY money is my business anyway. It has nothing to do with anyone else. I fill my damn tax form at the end of the year I don't need some faceless clowns from an exchange telling me what to do and how to do it. They don't even know they laws in the differnt countries.

Most of the centralized exchanges don't ask KYC if you only have small money there, if it is a huge money maybe that you withdrawn a day maybe more than 0.5 BTC they would definitely ask you for KYC. Even in Binance they have withdrawal limit of 0.5 BTC if i'm not mistaken for non-KYC users and most of the users have no problem with that. However I still can't deny the fact that submitting your ID for KYC will grant you freedom by sacrificing your anonimity.

I did not fall for such. However, I saw how large scam projects were trying to drag investors into a certain unknown exchange. For example the project NEluns.  I do not really trust and do not know all the exchanges. By this, I check them on CMC.

There are very few centralized exchanges don't ask for KYCs, but you can choose decentralized exchanges to avoid KYC requirements, if you don't want to do it. Crypto Bridge is one of good decentralized exchanges for you.

I just heard this, I have made several transactions at LATOKEN, I will not transact there again.
what about IDEX?

Exchanges are mainly made for trading purposes so once you are done with trading, just transfer all your funds from the site back to your personal wallet. If you leave your funds there and it gets lost, you dont have to be blaming anyone.