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Topic: LA TOKEN IS A SCAM EXCHANGE BEWARE OF THEM (Read 1354 times)

hero member
Activity: 2856
Merit: 618
Leading Crypto Sports Betting & Casino Platform
February 14, 2021, 11:38:06 PM
I have the same incident before from another exchange. They said that it will not be credited to my account because it didnt meet its minimum deposit but if you will look at the etherscan it shows my deposit is there.

Why do you people use LA Token and other small exchanges when you have all the tokens available on either binance or uniswap. There is no need to use non - popular exchanges which have no good history and reputation.
member
Activity: 784
Merit: 21
February 14, 2021, 02:15:57 PM
So latoken finally revealed who they really are? Lol I used to doubt the exchange because I've used it in the past and no problem until I made a deposit on the exchange years back and I couldn't withdrawal out of the exchange, this post should be move to scam accusation thread for many to see
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
February 14, 2021, 11:57:43 AM
I think that some of these claims should be posted in scam accusations board so more people could be aware of these bad practices.
https://bitcointalk.org/index.php?board=83.0 since it could help other user to avoid these scams.

Plus they don't have their topic here on forum or a sort of representative? I think these issues should be addressed directly by them on public.
legendary
Activity: 2436
Merit: 1008
February 13, 2021, 08:25:42 AM
I deposited a token 2 years ago which was tradable. Now the token is worth 100 USD but to withdraw it I have to pay 18X more. This fee equals 18 thousand dollars.

For real? That's ridiculous.

Can you share screenshots of the notification that you need to pay 18x more before you can withdraw that token?

It will be a good addition to some proof out there that LaToken is not a good exchange.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
February 13, 2021, 06:41:57 AM
Unfortunately I confirm the scamming practices of these  F**** bastard lamuses.

I deposited a token 2 years ago which was tradable. Now the token is worth 100 USD but to withdraw it I have to pay 18X more. This fee equals 18 thousand dollars.
What ? x18 ? are you serious ? what the heck is going on with this site? how can they be so much stupid to such thing to their users?
Quote


It is a rape in broad daylight, fucking scammers.

 

Thanks for the advance notice mate, i will ad this to my black list sites.
jr. member
Activity: 76
Merit: 2
February 13, 2021, 04:37:13 AM
Unfortunately I confirm the scamming practices of these  F**** bastard lamuses.

I deposited a token 2 years ago which was tradable. Now the token is worth 100 USD but to withdraw it I have to pay 18X more. This fee equals 18 thousand dollars.

And I'll add that the token is frozen because trading was withdrawn. They are one big fucking embarrassment

It is a rape in broad daylight, fucking scammers.

On the support they write that they are sorry and wish you a nice day. Fucking bitches

 
hero member
Activity: 2982
Merit: 610
December 13, 2019, 05:54:32 AM
next time don't accuse like that directly, you better discuss with customer support then screenshot your conversation with the support team for future needs if the problem doesn't go away.
OP was last active June 21, 2019, 06:44:46 PM and he is a newbie and after the he made this thread he doesn't make any reply, so we don't know what the current status now, also there is no clear evidence so I suggest that the mod will just lock this thread to avoid discussion that might be based on speculation only.

-snip-

His only post.
sr. member
Activity: 1106
Merit: 252
Dextrust.org #Defi
December 13, 2019, 03:55:58 AM
next time don't accuse like that directly, you better discuss with customer support then screenshot your conversation with the support team for future needs if the problem doesn't go away.
full member
Activity: 731
Merit: 100
December 12, 2019, 10:34:19 PM
many projects have done IEO on Latoken and some coins that have been registered there have a bad volume. agree LA is a bad exchange and lots of junk coins are there. I don't like many projects wanting to do an IEO there while it will affect their project reputation. maybe it's not just me but many people who don't like with this exchange.
copper member
Activity: 350
Merit: 1
December 11, 2019, 07:40:21 PM
I deposited 1246 AEN tokens on Latoken, while i copy the deposit address i saw that the minimum deposit is 150, after waiting for 3hrs and the coin didn't deposit in the wallet, i decided to ask for help in their tg group, the admin said while i was despositing the minimum deposit was increased to 1800 and after i finished they reduced minimum back to 150. I was amazed to hear this scamming statement.

This statement seems unbelievable and crazy. There should be some mix up somewhere. How could the minimum deposit change within seconds. The exchange Admin doesn't seem to know the issue and should have escalated the issue. Atimes the telegram Admin of some exchange tends to be very difficult and that could be as a result of ignorance on their part.
newbie
Activity: 6
Merit: 0
December 11, 2019, 04:19:41 AM
That's so sad but you know, nobody knows who is telling the truth here so maybe you can drop some links or better still screenshots of your message in their telegram group over here for the sake of evidence. I really don't like the interface of their trading platform anyway but i don't think it's also fair to label them as scammers without any proof for the community.

Fair enough. How about this article here? Does it have enough screenshots and proof to your taste?

https://www.cryptopolitan.com/what-can-i-say-about-latoken/

Or how about this On Yavin opinion (an old school cryptocommunty member most of us know and trust): https://www.cointelligence.com/exchanges_list/latoken/
newbie
Activity: 1
Merit: 0
December 03, 2019, 05:50:48 PM
I work in Latoken and rest assured, you will not succeed if you'll make IEO on our exchange. Nobody cares about your token, sales peoples want just get your money and that's all. After listing about your token nobody will know, we have about 100 active traders per day on high liquid pairs, statistics for new coins are much more sadder.
It's true, but our CEO try to lie everybody, buys traffic to our web site and make visibility of successful exchange. And this lie is also inside company, recently one of employee was fired by CEO, because of his attempts to discuss problem of low trader activity on exchange.
However what else to wait from guy who say that he "tokenise SpaceX" and by the way, about this scam IEO, it's totally failed and now everybody try to forget about fact that we made it.
full member
Activity: 546
Merit: 100
September 22, 2019, 07:28:21 AM
Yup and they were never afraid to show their true colors when the IEO hype rose into the market. Can you imagine how many shitty altcoin projects they have launch with their IEO program? I don't want to count all of them but one thing for sure is that all of them are just scam coins that created with no purpose and just given a random name. And the funny thing is the people who run the LA token scam exchange is still proud of themselves when they announce they are going to appear in blockchain conferences.
sr. member
Activity: 868
Merit: 289
I deposited 1246 AEN tokens on Latoken, while i copy the deposit address i saw that the minimum deposit is 150, after waiting for 3hrs and the coin didn't deposit in the wallet, i decided to ask for help in their tg group, the admin said while i was despositing the minimum deposit was increased to 1800 and after i finished they reduced minimum back to 150. I was amazed to hear this scamming statement.

Honestly, there are lot of coins used LAtoken as their project launchpad, but almost all of them now has a zero volume to their own platform.
It is actually doom for those new token are planning to use it to their IEO. In fact, I also experienced that too then up to now I don't see any action from their support and that was around 0.57 Ethereum actually.
full member
Activity: 1750
Merit: 118
Before I really like Latoken, but as time goes by I found and realize that this exchange is worst than yobit,

ive heard la token before and i also heard about yobit  , i can say that yobit is better despite the negative feedbacks that it is recieving from the public  .

because as I observed almost all coins that has been listed to this platform became zero volume in the end, and I saw it for the several coins recently which has been listed here, So now if there is a project under by this platform of IEO, for sure its the day of coins doom.

if found out that latoken is scam , they should have closed it as early as possible and they wouldnt have thier own ieo  .

I'm sorry for this statement but this the truth and most of the volume of their coins was fake also.

just dont trade with this exchange, if you feel that is shady   . there too many good exchanges out there , so why waste your time on this one ?
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
Totally agree with some of the comments here. In my experience,,, a lot of people who just scream about scam and provide not enough information, are usually just scammers themselves or they tried to cheat the system or bypass the system, and then they got caught.

Again,,, this is not to say we are siding with exchanges, we all like users to have power over their accounts but if you want to accuse someone, then you have to provide proof, that is all.

LA token have been doing business for a while, and there does not seem to be consistent complaints so it is hard for us to believe.
newbie
Activity: 420
Merit: 0
Simple, maybe it's a technical error. Please send your Email and transaction information to the trading support team. I believe you will be resolved. Because LATOKEN is a big trading floor. So I hope you send the information regarding the transaction to them soon.
Good luck
hero member
Activity: 2856
Merit: 667
So the AEN that you deposited until now has just disappeared or what? With the statement that you say, of course we cannot immediately conclude that LATOKEN is a SCAM exchange. Because we cannot conclude only with the statement of one person except many people who experience it.
I agree with you, don't be too easy to say scam.
it's best to do good procedures and this problem will be solved. I'm sure Latoken isn't a scam, and I'm still trading there.

This exchange is not fraudulent, but they have constant problems. It already speaks about its unreliability.


See people who have a negative opinion about the token will always think in a negative way, so it is good to wait and see how potential about the exchange. If you don't find any positive about then better stay away from it.

That's the right thing to do, but if you have a solid evidence about the scam accusation, it's also right to inform the community about this so they can avoid the site.
hero member
Activity: 1540
Merit: 507
I deposited 1246 AEN tokens on Latoken, while i copy the deposit address i saw that the minimum deposit is 150, after waiting for 3hrs and the coin didn't deposit in the wallet, i decided to ask for help in their tg group, the admin said while i was despositing the minimum deposit was increased to 1800 and after i finished they reduced minimum back to 150. I was amazed to hear this scamming statement.
Looks like a misunderstanding to me than scamming but what they wrote as an answer to the customer is not a proper option to explain the exchange policy. Is there an option to add more token and multiple the blocked amount?
I thought that when OP was adding or deposit more amount to exchange's account and that will be credited automatically. I have experienced this thing with hitbtc and it looks similar with what already happened with OP. When you are depositing the low amount below the minimum requirement and the exchange site will hold it.
As far as i understand on OP's words he do make deposit seeing that 150 is the minimum but after he do make complaints it do chances to 1800 and then later on going back to 150.
If this is true then its a shady act of the exchange itself but it would be more far more convincing if OP do show up some proofs at least.
If that was back again to the 150 as the  minimum deposit and then the amount must be there or credited by this exchange site. Honestly, i have some ethereum got stuck on this one caused by i can't even use my 2fa verification even i have created so many complains about that on its telegram group.
member
Activity: 686
Merit: 10
So the AEN that you deposited until now has just disappeared or what? With the statement that you say, of course we cannot immediately conclude that LATOKEN is a SCAM exchange. Because we cannot conclude only with the statement of one person except many people who experience it.
I agree with you, don't be too easy to say scam.
it's best to do good procedures and this problem will be solved. I'm sure Latoken isn't a scam, and I'm still trading there.

This exchange is not fraudulent, but they have constant problems. It already speaks about its unreliability.


See people who have a negative opinion about the token will always think in a negative way, so it is good to wait and see how potential about the exchange. If you don't find any positive about then better stay away from it.
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