Hotbit exchange, is it safe and good to trade here? - page 11.

Bttzed03

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Quote from: nicepotato10431 on October 24, 2021, 11:46:54 PM

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But are the tokens on this exchange trustworthy?

I stay away from Hotbit because this exchange is a dumping site for hyped tokens IMO. Like you said, many tokens are easily listed there and a lot of them pumps too but how many of them were able to sustain their volume? If I ever trade there one day (out of necessity), I would sell and get out as fast as I can.

cryptoaddictchie

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Quote from: nicepotato10431 on October 24, 2021, 11:46:54 PM

So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?

I've used hotbit before, the exchange is legit, but there are also complained of being scam. But from my experience it's good but that was years ago never used that again since then.

All I can say is that they listed some of the tokens that are potential scam and rug meaning they can accommodate it as long as the project paid it.

aprilnot

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Quote from: nicepotato10431 on October 24, 2021, 11:46:54 PM

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

I think these three exchanges have almost the same quality in terms of security, and trading volume. so there is nothing special about the three exchanges. so none of the best of them. not bad, but still not worthy to be used as a main choice.

Quote from: nicepotato10431 on October 24, 2021, 11:46:54 PM

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Not all, because Hotbit is one of the exchanges with too easy to list tokens. so that means there are a lot of bad quality tokens there. so it is not recommended to use this exchange, because there are too many bad coins there.

Cryptoababe

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Ive Been using Hotbit for more than 2 years now. Hotbit was once hacked and now they recover. So, i can say Hotbit is safer to trade on now, Because the team will have learnt from thier mistakes and will have tried to make the exchange more safe from hackers.

joniboini

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Quote from: nicepotato10431 on October 24, 2021, 11:46:54 PM

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Not sure how you can blame an exchange if the projects turned out to be a scam. I mean, sure, they might have some poor due diligence (or maybe none), but at the end of the day, the team of the project is the one who run the scam. As far as I can remember, 'scam exchange' usually refers to shady exchange who manipulates volume, employ shady TOS, etc.

That being said, just use Hotbit as your third or fourth choice, don't use it as your main exchange. If the tokens listed there don't exist on other reputable exchanges, there are high chances that it might be a bad project anyway.

TastyChillySauce00

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Quote from: nicepotato10431 on October 24, 2021, 11:46:54 PM

So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

Agreed, I have been using hotbit since 2019 and i never encounter a serious problem with it. I was also receiving regular passive income even with holding small amounts of USDT on my hotbit account. Bitforex and digifinex are well known as manipulated exchenge site. it doesn't have volume and all of trades happened on both were fake trades by bots. I have tried to use those exchange sites as well but hotbit was better than those exchange sites.

Quote from: nicepotato10431 on October 24, 2021, 11:46:54 PM

At least all my tokens are not gone in the wind and assets look safe.

I should remind you that never try to put a lot of money on hotbit This is to prevent a bad thing to happen with you and your money.

Quote from: nicepotato10431 on October 24, 2021, 11:46:54 PM

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

There are lots of scam tokens on hotbit. You must be careful when choosing a token to trade on hotbit.

Quote from: nicepotato10431 on October 24, 2021, 11:46:54 PM

Any experience with Hotbit, anyone?

I have a long journey with this exchange site.

nicepotato10431

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So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?

Topic: Hotbit exchange, is it safe and good to trade here? - page 11. (Read 1324 times)