Author

Topic: Is LAToken Exchange an exchange for listing Scam tokens ? (Read 656 times)

brand new
Activity: 0
Merit: 0
That are doing so much IEO's on their exchange, so, have more chances to list sc*m coins directly to their exchange.
hero member
Activity: 2926
Merit: 567
LAToken is an exchange that has the most junk and useless altcoin. I must admit, the new token and entered in the LAToken exchange is usually the price of the token must be a dump. This is why I don't want to trade here.
I agree with you after Yobit, they have the most number of shit and useless tokens in their platform, they vert fast to accept new coins without doing a good screening about the potential of the coin, after a month of hitting their platform, so any coins becomes shitcoins, they should delist some of the coins there.
hero member
Activity: 1092
Merit: 501
In terms of legalities Latoken was good for it. But in terms of good coins only 10 of the coins listed on top are can be consider as good,
then the rest are not. Meaning majority of the altcoins in la token are not really good. And most of the new coin listed to this platform always ended
up into a dead coin, I have seen that several times like what happened to VTM, GOT, IDEAL and XCT. So, I'm not advising anyone to trade on this platform Because I don't want you to get disappoint about your expectation in latoken. But if you think its good for you, go ahead its your choice.
member
Activity: 574
Merit: 10
LAToken is an exchange that has the most junk and useless altcoin. I must admit, the new token and entered in the LAToken exchange is usually the price of the token must be a dump. This is why I don't want to trade here.
sr. member
Activity: 1470
Merit: 428
I've been using LATOKEN for a while and even though it doesn't have the best volume or UI, the management is OK. I understand LATOKEN list more than enough tokens compared to other exchanges but I'm not sure of the fact that LATOKEN team will intentionally list scam tokens, no. They just need to take quality over quantity, reduce number of listings and list only very serious projects.
hero member
Activity: 812
Merit: 503
It doesn't really mean that an exchange is scam when it list a token and later on the team members are accused of being criminals. No matter how good the due diligence of the exchange is, no one is perfect. Some team members can present themselves such that they will pass all required verifications but yet they are scam. Also for the scam claims of tokens listed by LATOKEN, do not entirely believe any news you see, some are fake just to create FUD. Well, I'm not saying LATOKEN is the best exchange, it has some flaws but I still trade there since it looks fair to me.
sr. member
Activity: 1316
Merit: 356
I don't think so, but many of the traders have said that Latoken have many scam tokens that are listed in their exchange. In my own experience in their exchange, I can say that not all tokens are scam, many tokens are legit and they choose the LAToken because it's cheap to list there and that is the of scam tokens in why they list there.
full member
Activity: 1190
Merit: 111
Some of the token project who took place their IEO at this exchange where not working anymore and having a shit value now.
VICTOREUM to tell one, there are so many who went really down now.
I think LATOKEN is a good exchange for old and top tokens/coins.
But if you will start your exchange on this one, you will suffer so i think LATOKEN is not a good first choice but an additional exchange only...
K4C
full member
Activity: 448
Merit: 103
$CYBERCASH METAVERSE
One thing about LAtoken is that they seem to place an emphasis more on quantity than quality, there are some good projects listed there ofcourse but the useless tokens seems to overshadow them by a good margin, their style of operation seems very similar to Mercatox.
sr. member
Activity: 1176
Merit: 265
I do not see a diffrence between listing on some DEX, like IDEX and Latoken, I would like to say that Latoken doesn´t choose thoroughly, they list everything what pay them for listing.
newbie
Activity: 18
Merit: 0
Sometimes I also got curious over Latoken,the volume is kind of fake,the up and down of certain token are truly awesome, especially some not well known token.The fill up is slow even though it reach the target that I trade,it makes me feel that this platform are not legit
hero member
Activity: 924
Merit: 506
Latoken is one of the shadiest exchanges ever.

They listed URUN and people buy it. A week later URUN announced they didn't reach the soft cap and refund ico investors. And people bought form Latoken get nothing.
full member
Activity: 616
Merit: 100
It is difficult to say something about this exchange, because today I think that there are many projects that use LAToken exchange and I think that they probably have a very small commission or very small fees for adding tokens.
hero member
Activity: 1190
Merit: 541
If scam tokens are being listed in LATOKEN, then they are not doing a very good good getting information about a project before accepting to list them, though what could save them is if there is any disclaimer that has been placed in their site regarding the tokens they list.

If so, then the legitimacy of the token might not really be a concern to them since the users saw the disclaimer but if there is no disclaimer given by them, then they should be held responsible if any scam activities is carried out.
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
it is undeniable that all their exchanges can enter a bad project, because the project dares to issue a large listing fee so that it can be included in the exchange. in some cases large exchanges may not be able to avoid bad projects because all projects will look good at the beginning then it will be bad on the road and it makes them delisted
full member
Activity: 660
Merit: 101
Colletrix - Bridging the Physical and Virtual Worl
Latoken list any token they come across with, without doing any proper reserach on the project,  its scam rating or its team. They just list most of their tokens as they apply. Which is not good for the reputation of the exchange at all
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
I cannot give an exact answer some of the coins I've traded there are good coins, some are scam coins too, the exchange has no control on the development of the coin if the dev suddenly leave the campaign, the exchange has the option to delist the coin, but if there are volume, they might continue to retain it in their platform.
full member
Activity: 494
Merit: 100
I think the scam is not a scam and not all of the listed tokens there is a scam I think the volumes of air-listed tokens are the only latoken best of my experience in latoken smooth and the withdrawal and confirmation are fast but the volume of tokens is not only big enough to have large volumes but it is difficult to submit a kyc to a trader in tokens that it might be really important token with a kyc so they are strictly strictly many hackers have been able to enter the exchanger and steal it so those affected and angry are investors and bounty hunters who deposit altcoins so it's better for investors to secure the security so they prefer kyc exchanger.
member
Activity: 535
Merit: 33
here we go
I also thought like that, I follow Latoken exchange telegram channel, and every day he announced several listed coins. And there is no good trading volume. So people just come, to sell airdrop or bounty reward there and leave immediately, and even then if it's worth.
hero member
Activity: 1008
Merit: 500
Exchanges of this level are not very picky when it comes to paying for listing. They can include in their lists any project, without detailed verification. However, Latoken has been working for about 2 years, as far as I know. And Latoken had no big problem. But the latest information about blocking some users on this exchange makes me alert
newbie
Activity: 3
Merit: 0
I have not used this exchange yet and I can’t say exactly what will happen next, but for now I think that this exchange has at least some reputation. Despite all the falling market, people still use it and that is good.


BE AWARE LATOKEN IS BLOKING ACCOUNTS WITH NO NOTICE , SAYING ITS FOR SECURITY ISSUES!!!
EVEN VERIFIED USERS ARE HAVING THE SAME PROBLEM....
CHECK THERE TELEGRAM !!!
member
Activity: 490
Merit: 10
Bitfresh - iGaming with 90s UI
I have not used this exchange yet and I can’t say exactly what will happen next, but for now I think that this exchange has at least some reputation. Despite all the falling market, people still use it and that is good.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
IF they really deliberately listing scam ICO tokens in their exchange, then it will be bad for their reputation in the future.
Next time if they listed some legit ICO in their exchange, investors won't buy the token because bad reputation.
The most important thing is how you can build trust from investors and users, so when you listing some ICO, they want to buy it.
member
Activity: 532
Merit: 10
Perhaps you should not prematurely accuse this exchange of listing scam tokens. If you carefully analyze the actions of any large stock exchange, then surely on each of them it will be possible to find several projects that will turn out to be scam projects, but in the meantime they will still be among the coins that can be bought on the exchange.
full member
Activity: 994
Merit: 106
Official Street Team member
lots of weird and unclear coins / tokens listed there and most of them don't have volume, but what is surprising is why LAToken can be the 18th largest market according to the coinmarketcap, does it have a fake volume?
member
Activity: 644
Merit: 10
I have noticed that it's almost every week there is token listed in Latoken. And they have the most projects having token sale in any of the exchanges i have visited. I think as long the project is going to pay for listing fee then Latoken would definitely list them in their exchange. Lastly, Latoken is legit and not the only one who have listed a token and turned out to be a scam.
sr. member
Activity: 1442
Merit: 265
Yeah i have seen few useless tokens there so i will recomend them to create a little bit strict rules and procedures for listing new coins so that only quality coins get listed. As a project i still support latoken and i think its real worth will arise in a bull market and also after couple of years of successful operation.
member
Activity: 378
Merit: 10
There are some strange coins on Latoken but it is a good exchange and it has great volumes as well. This exchange is very rare because the volumes are not manipulated with bots, it is also use friendly and I had not experienced any problems yet.
full member
Activity: 1024
Merit: 100
I yesterday sold several tokens there, and there were no problems. they are only too easy to load new tokens. it looks like LAtoken doesn't verify coins every time they list them. so it's no wonder if there is a Scam project there. but apart from all that LAtoken is not an exchange Scam ...
sr. member
Activity: 538
Merit: 250
I did Dentacoin airdrop on this exchange and I never received this token. They said that I havent passed KYC lvl 2 only lvl1 Cheesy.
member
Activity: 473
Merit: 11
Scam ? maybe not, it's just that the token there is only for pump & dump activities at the beginning of the listing, trading volume is usually quite large, but because of the often suspicious things like Sell / Buy Orders that suddenly disappear, it seems like this exchange not recommended for trading,
sr. member
Activity: 966
Merit: 254
Latoken add a lot of strange tokens, and yes some of them are scam , That exchange needs verification to let you trade efficient , I dont like it and would rather use some other exchange with a better reputation.
The problem is little bit diffrent.
Exchanges are not here to decide which token is scam and which not. That is your problem if you buy some scam. Exchanges are here to mediate the trade, nothing else.
fvb
member
Activity: 1470
Merit: 13
I also noticed that many projects are listed on Latoken.  I handed over tokens to the stock exchange and placed a warrant.  I read the comments and wondered if there would be problems with the withdrawal of assets.
member
Activity: 672
Merit: 10
send and receive money instantly, with no hidden c
I see many ICO use Latoken to listing their token before their ICO is finished. But I don't see a good ICO project with a strategy like this.
full member
Activity: 602
Merit: 100
Tokens that are today trying to still be used to deceive people should be removed, but not simply removed. It is necessary to look for the developers of these projects in order to punish people meaningfully.
member
Activity: 230
Merit: 10
Latoken add a lot of strange tokens, and yes some of them are scam , That exchange needs verification to let you trade efficient , I dont like it and would rather use some other exchange with a better reputation.
sr. member
Activity: 966
Merit: 254
We can not trust centralized exchaneges, there is always risk that they will hold your cryptocurrencies and you will have difficulty with withdrawing your money.
member
Activity: 560
Merit: 10
I cannot confirm this with absolute certainty. But the fact that a large number of coins began to appear there is a fact. They are paid, but they add ... But there are no volumes for these coins either.
full member
Activity: 795
Merit: 108
I have never traded in LAtoken, my experience, I tried sending some tokens there and always failed, then I tried to raise the gas, then failed again, up to 3x I tried to fail continuously. And I saw the tokens that I have until now have dropped dramatically and there are no developments.
copper member
Activity: 210
Merit: 0
KNL Ecosystem - Invest. Trade. Earn.
I do not think so, because you can find tokens with almost no value almost on every exchange. Moreover they are manipulating trading volumes with bots, so my point is that almost every exchange is unfair at the moment.
member
Activity: 532
Merit: 10
if seen from all the coins listing in LAtoken it could be. but I don't want to say LAtoken Scam, they're just not too tight when they want to listed new coins.
full member
Activity: 644
Merit: 101
this is nothing new, LAtoken can be said to be an Exchange for shit coins. almost all coins from projects fail or scam listings there. because of this I started to dislike LAtoken.
full member
Activity: 658
Merit: 112
LA Token was great exchange at first but they started to accept every coins that exist. The shit coins, no volume coins, you can find aanything there. Also they had a big software problem and they still couldn't solve it. I have problem with them in last 2 months and they never solve it. Here i send my TxID, after they cancel my ETH withdraw they never send me back and i contacted with them 100s times but there is no answer! I would recommend you to stay away from them!

https://etherscan.io/tx/0x7e331b0b10fd267d5dd6410813c2be13d3c145a61f692e29638676289f1c2a8d

legendary
Activity: 1638
Merit: 1001
yep LAToken is a terrible exchange like yolobit (yobit) or exfakevolumerates (exrates). Just avoid it. There are many other trusted exchanges
full member
Activity: 1512
Merit: 115
yes I think LATOKEN is an exchange that has a very unconvincing trading volume and I also saw some scam coins there, some didn't have a volume for a few months but were still there
member
Activity: 742
Merit: 16
Latoken have some good coins listed already ,its none of there business if the developer is wanted or not ,all they care about is payment for listing,the ball is in the investors court ,you are the one to look out for scam projects and avoid then at  all cost.
sr. member
Activity: 1372
Merit: 322
I have doubt about their volume. But don't know if they only list scam projects. I don't think so. Some good coins are also their. Do you have more proof of some more scam coin?
member
Activity: 882
Merit: 11
Volare.network
maybe, because I see almost all the coins that are there are only shit coins. so don't be surprised if they also accept scam coins. from the beginning of the exchange it operated I did not believe them. although many coins that I have listings there I prefer to use DEX like forkdelta or other exchanges.
jr. member
Activity: 448
Merit: 5
I think no becauseif the tokens are scams you wont able to trade it,the latoken is good exchanger that can be have a lot of tokens listed in there .the main problem sometimes is the token or from.the team of the bounty or ico.
sr. member
Activity: 882
Merit: 301
I noticed that it is one of the most go to exchanges of start up projects. I believe it's one of the first exchanges that adopted the "Initial Exchange Offerings". It is still a new exchange and they try to list as many as they can so few lapses might occur.
sr. member
Activity: 1274
Merit: 263
LAToken is a fake volume exchange.
They don't necessarily look for scam tokens to list.
But legit token teams wouldn't pay to get listed on that exchange.
Not sure why anyone would create a profile there.

Simple logic for this question, because 99 out of 100 tokens that conducted the ICOs are going to list their coin on that shitty exchange that was why people created an account on that exchange.

As far as i know latoken and the main people behind it are legit and they are trying to develop a big platform for everything related to crypto, exchange is just one part and that is already working, as far as listings are concerned i do agree that recently they have listed poor quality projects and some of them lacked transparency, project development, activeness and also the lack of any support still latoken has listed such tokens which is not a good strategy.

They need to do something to cover up their expenses, that was why they listed those coins in the first place. When money is involved, transparency, development and any other things related to project are number second.
not only LAToken, even Binance did that before. Remember when they listed BCN on their exchange? and where is it now?
sr. member
Activity: 1680
Merit: 259
Coincryptoz a leading cryptocoin News Website sheds light on the Arrest Warrent of NKD Technology Founders Marco Robinson & Malvindran Ganesh.

Click below link to see Press Release

https://www.coincryptoz.com/8579/alleged-naked-technology-ico-scam-results-in-founders-arrest-warrant/

https://youtu.be/0BKNeaTTqsI

LAToken recently listed NKD Technology tokens on their exchange whose founders Marco Robinson and Malvindran Ganesh are wanted by police, where is the due diligence of the compliance team

https://drive.google.com/open?id=1QUKq6boxe6lhjArvFZttdO2vv-UX5nO9

Click above and below for court & police documents.

https://drive.google.com/open?id=1iDOY2caFonjGt85Thr6uiYA2VDhp0rep

Also see below Sell is disabled on LAToken Exchange, Majority of Investors cannot sell Nkd tokens on LAToken Exchange in countries where marco and malvin both founders have sold the tokens.

https://drive.google.com/open?id=1FK6uFkIrt5OnGRzaYCG8E3Q7bCUPXN0v

if you click on the below link it shows list of fraud and scam companies in malaysia and marco robinson is one of them

http://www.bnm.gov.my/index.php?ch=en_announcement&pg=en_announcement&ac=541&lang=bm

LATOKEN Exchange  has very bad reviews www.trustpilot.com/review/www.latoken.com


For me Latoken is only the last alternative exchanges that I can use to sell/ buy coins. Even not the main exchange but I people have trust into this exchanges because some coins only can trade in this exchanges. As long Latoken can give best services, people trust will raise in higher number.
member
Activity: 1022
Merit: 20
RiveMont
As far as i know latoken and the main people behind it are legit and they are trying to develop a big platform for everything related to crypto, exchange is just one part and that is already working, as far as listings are concerned i do agree that recently they have listed poor quality projects and some of them lacked transparency, project development, activeness and also the lack of any support still latoken has listed such tokens which is not a good strategy.
full member
Activity: 621
Merit: 214
Exchanges will always try to earn money (especially in a less regulated market as crypto), even if they go against the interest of the users.

Always check yourself the project before investing, even if it is on famous exchanges
member
Activity: 256
Merit: 10
LAToken is a fake volume exchange.
They don't necessarily look for scam tokens to list.
But legit token teams wouldn't pay to get listed on that exchange.
Not sure why anyone would create a profile there.
jr. member
Activity: 57
Merit: 1
The vast majority of existing digital currency exchanges are partners of fraudsters.

These exchanges may be intentional, perhaps unintentional.
Because the well-known exchanges have reached a monopoly position, the small exchange platform has some unscrupulous means to obtain income.

newbie
Activity: 1
Merit: 0
365dailycrypto a leading Cryptocurrency News Website sheds light on the Arrest Warrant of NKD Technology Founders Marco Robinson & Malvindran Ganesh.

Click below link to see Press Release

https://drive.google.com/open?id=1JpDkOWhp4ZI-6j0dSFUlLjmMKpx1R3AI

https://youtu.be/0BKNeaTTqsI

LAToken recently listed NKD Technology tokens on their exchange whose founders Marco Robinson and Malvindran Ganesh are wanted by police, where is the due diligence of the compliance team

https://drive.google.com/open?id=1QUKq6boxe6lhjArvFZttdO2vv-UX5nO9

Click above and below for court & police documents.

https://drive.google.com/open?id=1iDOY2caFonjGt85Thr6uiYA2VDhp0rep

Also see below Sell is disabled on LAToken Exchange, Majority of Investors cannot sell Nkd tokens on LAToken Exchange in countries where marco and malvin both founders have sold the tokens.

https://drive.google.com/open?id=1FK6uFkIrt5OnGRzaYCG8E3Q7bCUPXN0v

if you click on the below link it shows list of fraud and scam companies in malaysia and marco robinson is one of them

http://www.bnm.gov.my/index.php?ch=en_announcement&pg=en_announcement&ac=541&lang=bm

LATOKEN Exchange  has very bad reviews www.trustpilot.com/review/www.latoken.com
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