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Topic: New Exchanges (Read 294 times)

sr. member
Activity: 2618
Merit: 439
October 17, 2019, 11:28:44 PM
#31

I don't think we need this new exchange at least as long as there it is the binance exchange
Don’t praise Binance that well because we don’t know in future if the consistency and the reliability will remain ,as we knew many exchange that was good and great at first but in the ended as scammers in future.i don’t say that it’s binance but still possibilities are always there
.but that is right we don’t need another exchange because we already have a lot that is supported by more cryptonians
legendary
Activity: 2156
Merit: 1018
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October 17, 2019, 07:24:42 PM
#30
before when bitcoin started trading, very few exchanges supported bitcoin, if I'm not mistaken considering only tradehill and MT.GOX, and now there are lots of exchanges, maybe dozens of cryptocurrency exchanges, it's not easy to choose good, good security and comfort, but my advice be careful not to lose your money.
member
Activity: 70
Merit: 10
October 17, 2019, 03:24:34 AM
#29

I don't think we need this new exchange at least as long as there it is the binance exchange
sr. member
Activity: 882
Merit: 260
October 14, 2019, 01:43:02 AM
#28
For me eventhough there are so many exchanges is coming into cryptoworld i will still stick on old exchanges i used like binance and hitntc because it is already trusted and it is definitely 100% safe and i dont usually trust new exchanges because i dont feel safe.
newbie
Activity: 11
Merit: 0
October 13, 2019, 11:08:28 PM
#27
Yeah, but even many of the well-established turned after a period into exit scam ...

I dont trust new exchanges because im just careful not to end up having regrets again for trusting easily my coins to their exchange. There are many who comes up but is it reliable? Have a research first and read some reviews.

Well its better to stick in old reputed exchanges because they are already well-established so why risk to new? if many reputed exchanges are existing.
hero member
Activity: 3010
Merit: 629
October 13, 2019, 05:56:53 PM
#26
I dont trust new exchanges because im just careful not to end up having regrets again for trusting easily my coins to their exchange. There are many who comes up but is it reliable? Have a research first and read some reviews.

Well its better to stick in old reputed exchanges because they are already well-established so why risk to new? if many reputed exchanges are existing.
newbie
Activity: 88
Merit: 0
October 13, 2019, 11:28:27 AM
#25
That's why everyone investor should minimize the risk of their money. If you aren't satisfied then you should deposit amount of coins.
sr. member
Activity: 2618
Merit: 439
October 13, 2019, 07:05:11 AM
#24
A lot of new exchanges is coming into crypto market.
Now a days it is very important that which exchange is good for trading which is not.
So it is advise able to search necessary information before doing trading on any new exchange .
Lol no traders even the start ups who’s not using anything about searching before investing because our money is at risk.how can you expect a person that will trade in a exchange that he doesn’t even know?while scammers are all around us?
How many of them will turn into "got hacked and all coins are stolen" ... Look there are so many exit scams in past.
Not only in past but until now,I have seen another crypto exchange that’s just closing this soon though they have good reputation yet they decide to put closure without concrete reason for their users
newbie
Activity: 11
Merit: 0
October 13, 2019, 12:48:08 AM
#23
How many of them will turn into "got hacked and all coins are stolen" ... Look there are so many exit scams in past.
hero member
Activity: 3024
Merit: 680
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October 12, 2019, 05:48:19 PM
#22
I don't register on the new exchanges. I've seen reports that these new exchanges are risky because they can hold your funds and change their terms if you want to proceed to withdraw it.

Be careful of using the new ones and if you insist, deposit an amount that's good enough for testing.
newbie
Activity: 88
Merit: 0
October 12, 2019, 09:38:52 AM
#21
You are right enough. I would like to give you +2 for you. But I have a quick question: How do I find out a reliable one? Which isn't a scam and always pay to the buyer/seller. I came across with different crypto exchange websites (https://exchange.all-stocks.net/) as an example. I already registered myself and be a member on their board. I already started buying/selling. Can you shed some light on that? I will wait for your further reply. Thanks!
hero member
Activity: 952
Merit: 513
October 12, 2019, 04:10:29 AM
#20
Probably wouldn't trust any of the new exchanges unless they release one that is fully decentralised and tested by the crypto-community, and I wouldn't recommend anyone to try new exchanges unless there is something very wrong with yours.

I use idex and binance for altcoin trading and then kraken and localbitcoins for bigger coins and cashing out, what would you need to use a smaller, newer exchange for, that these ones don't have?
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
October 12, 2019, 03:55:43 AM
#19
So it is advise able to search necessary information before doing trading on any new exchange .
You are right about this.You cannot trust any new exchange that comes up out of the blue with any team.

Look at nexybit which was following that "trade mining" method like some other Asian exchanges like Fcoin and what happened to them? They sold off their company and told investors to f-- off. They had got a large number of investors who were looking forward to getting dividends from holding their token generated by "trade mining" and now their tokens are worthless.

Its even bad that there is no legal authority to got after their owners because of this and basically they scammed a lot of people.
newbie
Activity: 350
Merit: 0
October 12, 2019, 02:24:28 AM
#18
There are members here that frequented new exchanges and they have the habit of giving honest reviews, but so far I haven't heard anything very positive about an upcoming exchanges except for shills account.

A lot of new exchanges is coming into crypto market.
Now a days it is very important that which exchange is good for trading which is not.
So it is advise able to search necessary information before doing trading on any new exchange .
I agree that we really need to take a deep look at new exchanges popping around, they can offer something different in the beginning but it doesn't mean they won't pull a exit scam, so we have to take a look specially liquidity and trading volumes so that we won't get deceived in the end.

thanks for good views
hero member
Activity: 2842
Merit: 772
October 12, 2019, 02:21:49 AM
#17
There are members here that frequented new exchanges and they have the habit of giving honest reviews, but so far I haven't heard anything very positive about an upcoming exchanges except for shills account.

A lot of new exchanges is coming into crypto market.
Now a days it is very important that which exchange is good for trading which is not.
So it is advise able to search necessary information before doing trading on any new exchange .
I agree that we really need to take a deep look at new exchanges popping around, they can offer something different in the beginning but it doesn't mean they won't pull a exit scam, so we have to take a look specially liquidity and trading volumes so that we won't get deceived in the end.
hero member
Activity: 1932
Merit: 511
Vave.com - Crypto Casino
October 12, 2019, 02:14:53 AM
#16
A lot of new exchanges is coming into crypto market.
Now a days it is very important that which exchange is good for trading which is not.
So it is advise able to search necessary information before doing trading on any new exchange .
Yes thankyou for sharing, those many exchanger may have many case directed to fraud. But I at leats do some reseach before do trading(deposit) to exchanger. I have considering it all through Coinmarketcap to see about all activity of exchanger by volume. But we can't avoid for new exchanger or inovation, but we can be wise to make sure about credibility those exchanger.
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
October 12, 2019, 02:11:40 AM
#15
A lot of new exchanges is coming into crypto market.


This is good for the market. The competition is good for variety as it gives investors choices to go for in the face of what you want. Also, some exchanges are also going down too.. , while some new ones are in ICO and IEO level ranging from gaming exchanges etc.
However, doing a proper research is very important before investment.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
October 12, 2019, 02:10:29 AM
#14
A lot of new exchanges is coming into crypto market.
Now a days it is very important that which exchange is good for trading which is not.
So it is advise able to search necessary information before doing trading on any new exchange .

Most people would not even dare to try new platform not unless it has something new or great offer to new users. There are already a lot of good and established exchange, and trying new exchange might put new users or traders to risk. Traders look for exchange that is secured, fast withdrawal and deposit, and also convenient and with easy registration.
This new exchange will be use by newly finish ICO project to list there token for the reason of this exchange has small listing fee and sometimes its free.
Experience traders will not use newly exchange unless there is a  token/coins he has that only listed to that exchange and want to dump it there.
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
October 12, 2019, 02:08:13 AM
#13
I am not keen of trying and using new exchanges if they don't come with better features/perks than the existing ones. Of course an essential factor is having enough liquidity and volume to trade there. To this date I haven't seen a decentralized exchange with decent volume and leverage all-together. I think that would be a real great hit and I'd gladly change my current platforms to that!

Unfortunately, most of the exchanges coming into the cryptosphere have high commissions, practically no volume and are very shady.
sr. member
Activity: 1092
Merit: 284
October 12, 2019, 02:07:02 AM
#12
I have never used a new exchange to trade or save my assets, it is better to use an old exchange that is already popular and reliable, why I have never chosen a new exchange because there are several users, coins are registered a little, costs are always expensive, I need to see some next month for its development.
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