VinDAX is number 1 exchange on coinmarketcap

stadus

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Quote from: alexey14 on October 12, 2019, 05:24:59 PM

Check cmc exchange vindax is n1, fee is only 0.05, less than any other exchange in the world, dont tell me they have fake vol bcz all exchange in the world have fake vol, binance, biki, kiki, I only want to know is Vindax safe?

VinDAX is not the number 1 exchange in cmc, I don't even hear this exchange yet.
As I checked in cmc, its trading volume is only $280,858,654 USD while the number 1 exchange are having $1 billion or more.
I can't also verify if its telling its real volume, like you said, exchanges are faking its volume so since this is not popular, I am afraid, it is...

Its currently ranked at number 47 now.
https://coinmarketcap.com/rankings/exchanges/

cryptoloverlife

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Quote from: VinDAX on October 24, 2019, 04:29:33 AM

The following points make us different from other exchanges:

- Crazy referral commission is 90%.
- The cheapest trading fee exchange in the world 0.05%, this cost will be reduced to 0% if holding a small amount of VD (more detail https://vindax.com/trading-rule.html)
- Modern platform, unlimited scalability, User friendly interface, support for all device (IOS / Android / Mac / Window Apps)

Success after 5 months of operation:

- Currently we have nearly 1.5 million users and more than 180 projects listed within 5 months.
- More than 2000 videos on Youtube, 100,000 search results on Google. Vast community on facebook, twitter, reddit, telegram.
- Currently, VinDAX is the largest exchange in the Asian region where the largest volume of crypto transactions in the world.

Please spend time to learn more about us!

Definitely it is very motivational for me, to start using your features, but how far you are getting such a huge volume in the short period of time. What are the basic measures you have taken in order to attract the investors?

VinDAX

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The following points make us different from other exchanges:

- Crazy referral commission is 90%.
- The cheapest trading fee exchange in the world 0.05%, this cost will be reduced to 0% if holding a small amount of VD (more detail https://vindax.com/trading-rule.html)
- Modern platform, unlimited scalability, User friendly interface, support for all device (IOS / Android / Mac / Window Apps)

Success after 5 months of operation:

- Currently we have nearly 1.5 million users and more than 180 projects listed within 5 months.
- More than 2000 videos on Youtube, 100,000 search results on Google. Vast community on facebook, twitter, reddit, telegram.
- Currently, VinDAX is the largest exchange in the Asian region where the largest volume of crypto transactions in the world.

Please spend time to learn more about us!

bitcoin31

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Im not user of VinDax exchange and I do not know if that exchange is safe but here one I know that safety than Vinadax because binance security is very high. I don't think that is no. 1 exchange site for the trader because the king of exhanges is Binance and for CMC maybe Vindax but for us not that exchange. But we can wait user to give feedback about to the Vindax.

EdvinZ

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Definitely volumes on this exchange VinDAX were artificially inflated. About it even no one pleasantly not heard, and she as something proved in leaders on trade turnover. I would advise not to do a large deposit on it, and it is better to wait for adequate feedback from respected members of the forum.

Kemarit

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Quote from: logfiles on October 19, 2019, 02:27:49 AM

Who even still bases on coinmarketcap trade volume ranks data anymore?

There are still thousands of traders who regularly visited coinmarketcap for a quick glance of the current price and I think it is still by this day, one of the most visited sites as far as crypto is concern. Although they have issues before, like advertising ponzi scheme projects during the height of 2017, but still they didn't change a single bit. Vindax or any other exchanges not well know should not be taken seriously, I mean we all know that many questionable exchanges specially new ones are simply faking their volumes and every crypto traders should have known it already. So there's nothing new here, eventhough it's been number 1 in coinmarketcap, it doesn't mean you have to trust his exchanges.

BitHodler

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Quote from: logfiles on October 19, 2019, 02:27:49 AM

Who even still bases on coinmarketcap trade volume ranks data anymore?

It's the most visited crypto related site in the world by far, so a lot of people use Coinmarketcap to get their pricing and volume data. I use them too to get an overall view of the market as a whole, which they do work quite well for.

As for their volumes.... it's one big shit show, that I agree on. I always visit the exchanges themselves to get an idea of their volume or use tradingview, which both work much better.

The thing with Coinmarketcap is that they provide a free service and for that reason can't really be blamed for any damage caused, because at the end of the day, you're responsible for doing research yourself.

Hippocrypto

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Quote from: rijaljun on October 19, 2019, 01:56:04 AM

Quote from: alan2here on October 17, 2019, 10:15:37 PM

I think if Coinmarketcap can verify exchanges with real trading volume, exchanges like Binance, Huobi, Bitmax will be the ones that deserve the first place in the crypto market.

So as we all know there are many exchange faking their volume including this VinDAX, an evil thought came into my mind.

What IF those called genuine volume exchanges like Binance actually using fake volume but with smarter way so people can't really detect their evil activities?

This sounded fishy and this will be a bug threat to many traders whode hungry with small trading fees, which put their asset to danger. Fake trading volumes cannot be trusted, it's not guaranteed profitable for our trading needs. Crash and quick price drop is possible to happen without prior signs, and if popular exchanges and will adopt this kind of fraud actions most probably the results is very disappointing.

logfiles

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Quote from: alexey14 on October 12, 2019, 05:24:59 PM

Check cmc exchange vindax is n1, fee is only 0.05, less than any other exchange in the world, dont tell me they have fake vol bcz all exchange in the world have fake vol, binance, biki, kiki, I only want to know is Vindax safe?

You would be very foolish to think such a shady exchange with no reputation and a fake trade volume is trustworthy. If you got scammed, I would have zero sympathies with you.

Who even still bases on coinmarketcap trade volume ranks data anymore?

rijaljun

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Quote from: alan2here on October 17, 2019, 10:15:37 PM

I think if Coinmarketcap can verify exchanges with real trading volume, exchanges like Binance, Huobi, Bitmax will be the ones that deserve the first place in the crypto market.

So as we all know there are many exchange faking their volume including this VinDAX, an evil thought came into my mind.

What IF those called genuine volume exchanges like Binance actually using fake volume but with smarter way so people can't really detect their evil activities?

DaveWave

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Quote from: alan2here on October 17, 2019, 10:15:37 PM

Quote from: DaveWave on October 17, 2019, 12:53:40 PM

Why are people reacting too much? The person didn't say VinDAX has the largest trading volume? He said VinDAX has the cheapest trading fee at 0.05%. And he was asking if the exchange is safe. It looks legit and it's a big exchange. Check online reviews. Most people here in bitcointalk just heard this exchange. My suggestion is to try the exchange itself with small amount.

The only problem investors don't like about this exchange is the fake trading volume and this is happening at many other exchanges. Most people want transparency to be able to find good projects and exchange VinDAX cannot do this because all the coins at this exchange are shitcoin and have no value in investment.

I think if Coinmarketcap can verify exchanges with real trading volume, exchanges like Binance, Huobi, Bitmax will be the ones that deserve the first place in the crypto market.

What are you talking about? The coins and tokens listed in Vindax are the same with the other exchange like Binance and Huobi. LTC, BCash, Augur, Dash, TRX, Ontology and many more can also be found in many exchanges. VinDAX is not the top exchange in volume.

The main topic here is the trading fee on VinDAX that is very low compared to other exchanges.

alan2here

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Quote from: DaveWave on October 17, 2019, 12:53:40 PM

Why are people reacting too much? The person didn't say VinDAX has the largest trading volume? He said VinDAX has the cheapest trading fee at 0.05%. And he was asking if the exchange is safe. It looks legit and it's a big exchange. Check online reviews. Most people here in bitcointalk just heard this exchange. My suggestion is to try the exchange itself with small amount.

The only problem investors don't like about this exchange is the fake trading volume and this is happening at many other exchanges. Most people want transparency to be able to find good projects and exchange VinDAX cannot do this because all the coins at this exchange are shitcoin and have no value in investment.

I think if Coinmarketcap can verify exchanges with real trading volume, exchanges like Binance, Huobi, Bitmax will be the ones that deserve the first place in the crypto market.

DeathProxy

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Many have used this exchange before and i can boldly say most if their volume are fake and just a product of fake trading bots. Being on number one spot on coinmarketcap does not automatically qualifies it as a top exchange one need to visit the exchange to see for his/her self before depositing or considering the exchange as a good exchange for trade

DaveWave

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Why are people reacting too much? The person didn't say VinDAX has the largest trading volume? He said VinDAX has the cheapest trading fee at 0.05%. And he was asking if the exchange is safe. It looks legit and it's a big exchange. Check online reviews. Most people here in bitcointalk just heard this exchange. My suggestion is to try the exchange itself with small amount.

robelneo

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I just commented on a thread that posted that p2pb2b is the number one exchange now in the market, people have a second thought because people are not talking or discussing this exchange, now it's Vindax an unknown exchange for me.
Maybe there's something wrong on how Coinmarketcap retrieves these data or these exchanges are just manipulating their volume, there should be a poll here on these two exchange.

Henri Cartier

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I don't see VinDax in number 1 position on Coinmarketcap! Currently, it is ranked at 37 by trading volume. Also, it's trust score is 5 according to CoinGecko. And about the safety, I do not know much about it as I have never used it.

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Quote from: alexey14 on October 12, 2019, 05:24:59 PM

Check cmc exchange vindax is n1, fee is only 0.05, less than any other exchange in the world, dont tell me they have fake vol bcz all exchange in the world have fake vol, binance, biki, kiki, I only want to know is Vindax safe?

0.05 in what currency exactly? 0.05 cents/dollars, btc or its native coin? The fee is quite tiny if calculated in dollars.

It's a strange exchange but probably not fake.
Guess you mean this: https://coinmarketcap.com/exchanges/vindax/
This is my first time of hearing about the coin. It's probably connected to Tron? https://mobile.twitter.com/VinDAXOfficial/media/grid?idx=0 It is not a decentralized exchange though

NathanJB

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Quote from: alexey14 on October 12, 2019, 05:24:59 PM

Check cmc exchange vindax is n1, fee is only 0.05, less than any other exchange in the world, dont tell me they have fake vol bcz all exchange in the world have fake vol, binance, biki, kiki, I only want to know is Vindax safe?

You are clearly exaggerating the rank of vindax in coinmarketcap.com. It is not ranked number 1 in either adjusted volume or reported volume. It is not even ranked within the top 20. So your claim is clearly a sign of shilling for vindax. And what fee are you talking about with 0.05? Could you please clarify it? Are you referring to trading fee? Or withdrawal fee? Or other fees? Is it in percentage?

alexey14

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Vindax not support User from US.

error08

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Quote from: joniboini on October 13, 2019, 02:02:15 AM

I wouldn't say they are as safe as Binance, especially because they list a lot of ICO/IEO projects that are not so good.

Looking at how they conduct their launchpad, it's fair to say that they want to get as much money as possible. I wouldn't be surprised if you have withdrawal or deposit problems.

Deposits will never be a problem in any exchanger, especially a vague one.
Vindax is a trading platform registered in Vietnam that does not accept any other deposit method than cryptocurrencies. But right now vindax listed at 36 based on CMC adjusted volume, every fake volume will be recognized in the end.

Topic: VinDAX is number 1 exchange on coinmarketcap (Read 527 times)