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.

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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.

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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?

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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.

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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.

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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?

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Vindax not support User from US.

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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.

electronicash

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exchange rankings are different in every coin cap ranking sites though, in some other ranking like coincodex its bitmex that is on top and latoken is on top 10 while vindax, similarly new like latoken is below the top 40 but then its volume is relatively the same. it almost feel like this is the real data they get since it just pull the data from the exchange.

Quote from: watergold on October 16, 2019, 12:31:18 PM

Quote from: mdzahed134 on October 16, 2019, 10:22:36 AM

Quote from: Renampun on October 14, 2019, 07:45:36 PM

Quote from: FlamingFingers on October 14, 2019, 04:24:49 PM

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

snip~

We all know it's a fake volume, so don't do as if you are not aware about it, by the way, do you have an account with vindax exchange? If you've not I guess you need to, so as to feel the heat that other customers are complaining about. How on earth will vindax be number one exchange with real volumes

it seems like it's fake volume because VinDAX is currently down to 38th,
This exchange is classified as a new exchange, launch in December 2018 and has not been running for a year,
so, I'm not very sure about this exchange.

Today Bkex is the number one top ranking exchange definitely it’s another fake volume. So, this ranking will be change in every 24 hours. Lower quality exchanges always top place in the coinmarketcap it’s not new thing. Exrates and Latoken was reached top ranking a few days ago. That's why i never believe that such fake ranking. I think CMC will need to justify the real volumes because a lot of people’s confusing in the current exchanges ranking.

So which do you think is more accurate Coinmarketcap or Coingecko? The current Bkex exchange is indeed the first position, but the Bkex exchange at Coingecko position 21 is quite different, I think don't depend on the CMC because it's inaccurate in my opinion it's better to find the right information,

probably no difference. regardless of whether its volume is fake, i think you still can trade there. so far i haven't seen scam accusation threads about them.

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Just searched in coinmarketcap and VinDax is not no 1 exchange. For adjusted volume Vindax ranking 40. For reported volume Vindax rank not listed in top 200.

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Quote from: Shasha80 on October 16, 2019, 01:47:05 PM

This sounds strange to me, vindax exchanges have never heard of its name. Then it can be number 1 as well can beat binance is really strange in my opinion. Is this true or just fake volume, I think you should check carefully. Do not be directly influenced to join due to being number one in coin marketcap. Must be more careful not to regret later because of the wrong choice of exchanges. Be careful in acting and making decisions.

As a result of the Coinmarketcap audit they took fake volume exchange, in my opinion, could be a reason why many exchanges now make no sense. P2PB2B also yesterday was in the top 10 of the coin marketcap. even though I see there the exchange or volume is still far from other large exchanges

Shasha80

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This sounds strange to me, vindax exchanges have never heard of its name. Then it can be number 1 as well can beat binance is really strange in my opinion. Is this true or just fake volume, I think you should check carefully. Do not be directly influenced to join due to being number one in coin marketcap. Must be more careful not to regret later because of the wrong choice of exchanges. Be careful in acting and making decisions.

watergold

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Quote from: mdzahed134 on October 16, 2019, 10:22:36 AM

Quote from: Renampun on October 14, 2019, 07:45:36 PM

Quote from: FlamingFingers on October 14, 2019, 04:24:49 PM

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

snip~

We all know it's a fake volume, so don't do as if you are not aware about it, by the way, do you have an account with vindax exchange? If you've not I guess you need to, so as to feel the heat that other customers are complaining about. How on earth will vindax be number one exchange with real volumes

it seems like it's fake volume because VinDAX is currently down to 38th,
This exchange is classified as a new exchange, launch in December 2018 and has not been running for a year,
so, I'm not very sure about this exchange.

Today Bkex is the number one top ranking exchange definitely it’s another fake volume. So, this ranking will be change in every 24 hours. Lower quality exchanges always top place in the coinmarketcap it’s not new thing. Exrates and Latoken was reached top ranking a few days ago. That's why i never believe that such fake ranking. I think CMC will need to justify the real volumes because a lot of people’s confusing in the current exchanges ranking.

So which do you think is more accurate Coinmarketcap or Coingecko? The current Bkex exchange is indeed the first position, but the Bkex exchange at Coingecko position 21 is quite different, I think don't depend on the CMC because it's inaccurate in my opinion it's better to find the right information,

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Quote from: Renampun on October 14, 2019, 07:45:36 PM

Quote from: FlamingFingers on October 14, 2019, 04:24:49 PM

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

snip~

We all know it's a fake volume, so don't do as if you are not aware about it, by the way, do you have an account with vindax exchange? If you've not I guess you need to, so as to feel the heat that other customers are complaining about. How on earth will vindax be number one exchange with real volumes

it seems like it's fake volume because VinDAX is currently down to 38th,
This exchange is classified as a new exchange, launch in December 2018 and has not been running for a year,
so, I'm not very sure about this exchange.

Today Bkex is the number one top ranking exchange definitely it’s another fake volume. So, this ranking will be change in every 24 hours. Lower quality exchanges always top place in the coinmarketcap it’s not new thing. Exrates and Latoken was reached top ranking a few days ago. That's why i never believe that such fake ranking. I think CMC will need to justify the real volumes because a lot of people’s confusing in the current exchanges ranking.

Taskford

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Quote from: WatchMaker on October 16, 2019, 09:32:44 AM

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?

I think if an exchange is able to reach the number one spot on CoinMarketCap.com based on trading volume regardless of whether fake or real, it is safe enough to try it out. As you mentioned out VinDAX charges only 0.05% for trading fees maybe that is the reason behind its success today.

Coinmarketcap cap updates and I really also think that they will not verify whether the exchange got a real volume or not since I can see some exchange who have fake volume still list on top dominant place. I quitely impress with vindax since there fee is low and the site is good but I will not put my whole trust since maybe those numbers are trap for new traders to come with them and get scammed

WatchMaker

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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?

I think if an exchange is able to reach the number one spot on CoinMarketCap.com based on trading volume regardless of whether fake or real, it is safe enough to try it out. As you mentioned out VinDAX charges only 0.05% for trading fees maybe that is the reason behind its success today.

Jating

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Quote from: TravelMug on October 16, 2019, 07:30:35 AM

Quote from: Free1bitco.in on October 15, 2019, 02:18:29 AM

I began to suspect when Vindax suddenly was in position 1 on the exchangers with the most volume. I have guessed that it was only temporary, even now the exchanger is back in position # 36, and currently position 1 is filled by P2PB2B. well, however, it's quite strange if they get 1st place without doing events, or anything.

Did you know that there is a scam accusations against P2PB2B?

BEWARE OF SUPER SCAM: P2PB2B claim to be worlds biggest exchange !.

So no doubt in my mind that those two exchanges, Vindax and P2PB2B are 100% doing fake volumes so do not try to be lured by this fraudulent practices by this exchanges.

Lol, and what do you know? Those two exchanges has been getting a lot of attentions lately as they occupy the top 1 and 2 spots in the last week or so.

But then again, this sort of investigations and accusations pops up and telling us that shady people are behind so obviously same shady tactics have been implement to push their ranking on the top spot, but the prying eyes of this community is more intelligent than those people behind and they are exposed big time.

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Quote from: TravelMug on October 16, 2019, 07:30:35 AM

Quote from: Free1bitco.in on October 15, 2019, 02:18:29 AM

Quote from: Renampun on October 14, 2019, 07:45:36 PM

Quote from: FlamingFingers on October 14, 2019, 04:24:49 PM

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

snip~

We all know it's a fake volume, so don't do as if you are not aware about it, by the way, do you have an account with vindax exchange? If you've not I guess you need to, so as to feel the heat that other customers are complaining about. How on earth will vindax be number one exchange with real volumes

it seems like it's fake volume because VinDAX is currently down to 38th,
This exchange is classified as a new exchange, launch in December 2018 and has not been running for a year,
so, I'm not very sure about this exchange.

I began to suspect when Vindax suddenly was in position 1 on the exchangers with the most volume. I have guessed that it was only temporary, even now the exchanger is back in position # 36, and currently position 1 is filled by P2PB2B. well, however, it's quite strange if they get 1st place without doing events, or anything.

Did you know that there is a scam accusations against P2PB2B?

BEWARE OF SUPER SCAM: P2PB2B claim to be worlds biggest exchange !.

So no doubt in my mind that those two exchanges, Vindax and P2PB2B are 100% doing fake volumes so do not try to be lured by this fraudulent practices by this exchanges.

I haven't tried Vindax yet, I tried p2pb2b because I need to exchange some of my shitcoins there, and I am not express, there is no real volume at all, so far, only Binance and Bitforex is what I love most, there are some crypto exchange that are opening this year, let's check how they will compete with the current situation now.

TravelMug

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Quote from: Free1bitco.in on October 15, 2019, 02:18:29 AM

Quote from: Renampun on October 14, 2019, 07:45:36 PM

Quote from: FlamingFingers on October 14, 2019, 04:24:49 PM

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

snip~

We all know it's a fake volume, so don't do as if you are not aware about it, by the way, do you have an account with vindax exchange? If you've not I guess you need to, so as to feel the heat that other customers are complaining about. How on earth will vindax be number one exchange with real volumes

it seems like it's fake volume because VinDAX is currently down to 38th,
This exchange is classified as a new exchange, launch in December 2018 and has not been running for a year,
so, I'm not very sure about this exchange.

I began to suspect when Vindax suddenly was in position 1 on the exchangers with the most volume. I have guessed that it was only temporary, even now the exchanger is back in position # 36, and currently position 1 is filled by P2PB2B. well, however, it's quite strange if they get 1st place without doing events, or anything.

Did you know that there is a scam accusations against P2PB2B?

BEWARE OF SUPER SCAM: P2PB2B claim to be worlds biggest exchange !.

So no doubt in my mind that those two exchanges, Vindax and P2PB2B are 100% doing fake volumes so do not try to be lured by this fraudulent practices by this exchanges.

virasisog

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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?

I doubt that it would be number 1 and I do not trust new exchanger that easily specially considering the security of my funds and tokens
and besides Coinmarketcap(CMC) has consistently failing to give updated data now a days.

watergold

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Quote from: Free1bitco.in on October 15, 2019, 02:18:29 AM

Quote from: Renampun on October 14, 2019, 07:45:36 PM

Quote from: FlamingFingers on October 14, 2019, 04:24:49 PM

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

snip~

We all know it's a fake volume, so don't do as if you are not aware about it, by the way, do you have an account with vindax exchange? If you've not I guess you need to, so as to feel the heat that other customers are complaining about. How on earth will vindax be number one exchange with real volumes

it seems like it's fake volume because VinDAX is currently down to 38th,
This exchange is classified as a new exchange, launch in December 2018 and has not been running for a year,
so, I'm not very sure about this exchange.

I began to suspect when Vindax suddenly was in position 1 on the exchangers with the most volume. I have guessed that it was only temporary, even now the exchanger is back in position # 36, and currently position 1 is filled by P2PB2B. well, however, it's quite strange if they get 1st place without doing events, or anything.

It is true that Vindax used Volume bot to raise to first position after it fell again but I saw again in Coingecko that Vindax's position was in the order of 92 so this is a very big difference,

janggernaut

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Quote from: dark08 on October 14, 2019, 07:28:27 PM

Are you sure that this exchange site is the no.1 on cmc? This is the first time I heared this exchange site because I'm curios I research on google about this exchange site before doing any action its better to check first if the site is safe to deposite if you want to try its better to deposite a small amount then if the deposite sucess try to withdraw.

That exchange isn't in first place, at the time i write this post https://coinmarketcap.com/rankings/exchanges/ Vindax is placed on 38th rank according Coinmarket. I can't say what was the reason they became the first among other exchange sites before (fake volume, whales trading on there, or etc). But the important thing we know is, that exchange, Vindax is an unpopular exchange site.

nasipadang

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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?

There are some exchangers whose volume has suddenly turned high, either because of a system error or deliberate, which is clear now for vindax to be improved. Indeed it is a relatively cheap fee but, regarding the popularity of vindax tends to be low, the fee is also pretty good but for bitcoin it is indeed high, and almost all exchangers also charge a high fee.

btc_angela

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Quote from: Free1bitco.in on October 15, 2019, 02:18:29 AM

Quote from: Renampun on October 14, 2019, 07:45:36 PM

Quote from: FlamingFingers on October 14, 2019, 04:24:49 PM

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

snip~

We all know it's a fake volume, so don't do as if you are not aware about it, by the way, do you have an account with vindax exchange? If you've not I guess you need to, so as to feel the heat that other customers are complaining about. How on earth will vindax be number one exchange with real volumes

it seems like it's fake volume because VinDAX is currently down to 38th,
This exchange is classified as a new exchange, launch in December 2018 and has not been running for a year,
so, I'm not very sure about this exchange.

I began to suspect when Vindax suddenly was in position 1 on the exchangers with the most volume. I have guessed that it was only temporary, even now the exchanger is back in position # 36, and currently position 1 is filled by P2PB2B. well, however, it's quite strange if they get 1st place without doing events, or anything.

It's pretty obvious that they did some kind of magic to be even in the top spot for one day, Lol. My guess is as good as mine. Again, even P2PB2B which is unheard of suddenly goes to the number one spot. It's this really the state of crypto trading today? A unknown platform in which a lot of traders are actually using? Or traders are just using it for P&D schemes only?

Free1bitco.in

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Quote from: Renampun on October 14, 2019, 07:45:36 PM

Quote from: FlamingFingers on October 14, 2019, 04:24:49 PM

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

snip~

We all know it's a fake volume, so don't do as if you are not aware about it, by the way, do you have an account with vindax exchange? If you've not I guess you need to, so as to feel the heat that other customers are complaining about. How on earth will vindax be number one exchange with real volumes

it seems like it's fake volume because VinDAX is currently down to 38th,
This exchange is classified as a new exchange, launch in December 2018 and has not been running for a year,
so, I'm not very sure about this exchange.

I began to suspect when Vindax suddenly was in position 1 on the exchangers with the most volume. I have guessed that it was only temporary, even now the exchanger is back in position # 36, and currently position 1 is filled by P2PB2B. well, however, it's quite strange if they get 1st place without doing events, or anything.

Renampun

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Quote from: FlamingFingers on October 14, 2019, 04:24:49 PM

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

snip~

We all know it's a fake volume, so don't do as if you are not aware about it, by the way, do you have an account with vindax exchange? If you've not I guess you need to, so as to feel the heat that other customers are complaining about. How on earth will vindax be number one exchange with real volumes

it seems like it's fake volume because VinDAX is currently down to 38th,
This exchange is classified as a new exchange, launch in December 2018 and has not been running for a year,
so, I'm not very sure about this exchange.

dark08

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Are you sure that this exchange site is the no.1 on cmc? This is the first time I heared this exchange site because I'm curios I research on google about this exchange site before doing any action its better to check first if the site is safe to deposite if you want to try its better to deposite a small amount then if the deposite sucess try to withdraw.

carriebee

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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?

Be more careful this exchange do a airdrop before but need to do a KYC first before you get the reward in their exchange. If you really want to trade why not to use the exchanges that proven and tested of many crypto user. Just be more vigilant in some exchange that not familiar to you, maybe for me I'm doubting because of their KYC but it's up to you.

FlamingFingers

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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?

We all know it's a fake volume, so don't do as if you are not aware about it, by the way, do you have an account with vindax exchange? If you've not I guess you need to, so as to feel the heat that other customers are complaining about. How on earth will vindax be number one exchange with real volumes

Ferris419

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You may check the Coingecko's exchange ranking for better understanding, there you will find which exchange is at the top according to the volume. VindaX is not a trustworthy exchange, this is not even average type, rather It's a low-grade exchange. You are right that most of the exchange has less or high fake volume, but I am very doubtful that is VindaX has 10% real volume? I would not recommend anyone this exchange, because I think this is not trusted enough! Now, the decision is yours!

Ferris419

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Quote from: xSkylarx on October 14, 2019, 12:08:53 PM

Before they are just between the top 50 spot and now they reached the top 1. The fact that they've reached that spot means they have many traders and can be a trusted exchange. Binance should make a move if they want to remain in the top spot. I'll try vindax soon and see if it's better than others.

You should have researched before making this statement, mate. Binance has developed a lot this year. Their IEO launchpad, Binance DEX, Futures, Binance Academy and so many other developments they did! And VindaX? Another shit exchange with full of fake volume. Nothing special in this exchange platform except some shitty IEOs! VindaX, P2Pb2b, Consbit, Latoken all are the same types of exchange. You should know Exchange ranking manipulation is very much easy in Coimarketcap!

mdzahed134

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Quote from: GreenStox on October 13, 2019, 06:20:55 AM

vindaX can beat a number of exchange sites that have been around for a long time, pointing out that the exchange platform is currently in high demand, this can be a very good opportunity for developers who want to build an exchange platform because there might be many interested.

I think you have no good idea regarding in the cryptocurrency exchanges otherwise you are never talking funny thing please make sense. Not only VinDAX others a few exchanges can be beat top ranking because they have fake volumes and too much manipulation and coinmarketcap just catch the fake figure. So don't believe coinmarketcap exchanges ranking. I have seen such type of questions in the different threads. Even i don't think VinDAX is a reputed exchange. I will never use it.

xSkylarx

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Before they are just between the top 50 spot and now they reached the top 1. The fact that they've reached that spot means they have many traders and can be a trusted exchange. Binance should make a move if they want to remain in the top spot. I'll try vindax soon and see if it's better than others.

Murat

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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?

Never used them but it looks they have decent volume. But I am not sure if they have good amount of real users. I checked just only one option from their social media accounts. There are no replies from anyone in their recent tweets. Take a look at binance I understand binance is very popular. Take a look at bittrex who has less volume than Vindax. Their tweets always have replies from regular users. why replies matter? It indicates that if some real people using the services of Vindax. Vindax is not even top 20 by visitors where yobit even has more visitors. How could an exchange have so much volume without real users? Easy they are faking volume. Now would you trust an exchange who is faking their volume?

NewRanger

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Quote from: arifteguhr on October 14, 2019, 08:05:38 AM

At this time the rank of Vindax has fallen at number 35. I am surprised by Coinmarketcap which is easy to change the data exchange at the top. only 2 days the position above was replaced again. At present, in my opinion, the reason why this can happen is Coinmarketcap as the publisher of the data,how they can do it and there must also be proof. because some exchanges also fake volume

if we see this case, i think coinmarketcap doing manipulation now.its too dangerous for crypto transparacy.cmc be main publisher in crypto market but they provide fake data, i could not imagine if many traders get negative effect from this data.mistakes on cmc team i think, they must provide other methode so this mistakes will not repeated again.

CarnagexD

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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?

I already see this exchange but until now I do not use this exchange. Even I already visited this exchange and I see some good feedback about this exchange I still do not have the plan to make an account on this exchange because I already have binance and other trading platforms which is also good exchange. The trusted major exchange does not have any fake volume but I'm sure all new cryptocurrencies exchange always do this activity because in this way they can attract traders.

yangongear

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Maybe they have caught the algorithm API of Coinmarketcap, then they use bot to boost trading volume then Cmc will use that data. Such a strang exchange, with many shit projects launched IEO on Vindax, and absolutely, it's fake data.

coin-investor

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Quote from: deadsilent on October 12, 2019, 06:37:34 PM

Lol. What a joke. I don't even know this exchange exists. Does this mean they just overcome their competitors like Binance or Kicking? That's BS man. The analysis is not so accurate. The fee is quite good tho. But I still don't believed it.

Is this really true I never used this exchange and so are all my friends checking on coinmarketcap this is what I saw Binance $807,499,946 USD
Vindax $340,415,722 USD, they are not even half of Binance volume am I checking the right stat or he is looking another way, all talks are on Binance I don't know is the report coming, you need to prove your point this is new to us, are you giving us fake news.

arifteguhr

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At this time the rank of Vindax has fallen at number 35. I am surprised by Coinmarketcap which is easy to change the data exchange at the top. only 2 days the position above was replaced again. At present, in my opinion, the reason why this can happen is Coinmarketcap as the publisher of the data,how they can do it and there must also be proof. because some exchanges also fake volume

Ridwan Fauzi

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It is pure manipulation IMO, I don't even thinking it just new exchange because I just heard by now which has defeated binance which I think is more feasible. You must be carefull when using the exchange, don't be fooled by the low fees which was offered.

It would be good just use reputable exchange which clearly be used by many user, at least it will make comfortable when using it although yoh have spend high fees but it will guarantee your money.

Vaculin

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Quote from: deadsilent on October 12, 2019, 06:37:34 PM

Lol. What a joke. I don't even know this exchange exists. Does this mean they just overcome their competitors like Binance or Kicking? That's BS man. The analysis is not so accurate. The fee is quite good tho. But I still don't believed it.

I just heard of this exchange from OP but look like a decent exchange if our basis only is the trading volume.
Based on the ranking https://coinmarketcap.com/rankings/exchanges/, they currently ranked at number 35 with $364,602,552 USD trading volume.
If that's a real volume then I must say this is a good exchange since they are listing mostly good coins as well.

ongkok87

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Coinmarketcap is increasingly unnatural when making a Vindax or P2PB2B decision to be a top exchange. I am very disappointed with the two exchanges which in my opinion are the same as a scammer with a lot of garbage IEO done until this moment they are still releasing a new IEO and can finally guess how

ecnalubma

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Quote from: Inkdatar on October 14, 2019, 05:32:27 AM

Quote from: ecnalubma on October 14, 2019, 02:11:50 AM

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

I only want to know is Vindax safe?

No! Centralised exchanges are not safe. If I were you I wouldn’t trust a new exchange though even if the they are pooneers in the space. I only use them for quick trades and get out, there’s no reason for me to store assets there for long IMO.

I've just found out currently Vindax exchange is not a top exchange on coinmarket cap. This means it couldn't prove a stable exchange than any other existing one. I already use vindax before and it shows low volume. Indeed, it is a new exchange better we should use good and reputable exchange where we can trade our coins.

Currently now on 34th rank, I believe all exchanges can do that kind of magic if they wanted too. But to be fair with the exchange they have potential to compete with the top crypto exchanges. Their platform is quiet nice they also have support channels in different languages, just saying.

Rhaizan

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Quote from: ecnalubma on October 14, 2019, 02:11:50 AM

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

I only want to know is Vindax safe?

No! Centralised exchanges are not safe. If I were you I wouldn’t trust a new exchange though even if the they are pooneers in the space. I only use them for quick trades and get out, there’s no reason for me to store assets there for long IMO.

You can still use that exchange even it is centralised check first the review of users of that exchange before using it. but if you have a choice to use top exchange then its much better than newly exchange .

Inkdatar

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Quote from: ecnalubma on October 14, 2019, 02:11:50 AM

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

I only want to know is Vindax safe?

No! Centralised exchanges are not safe. If I were you I wouldn’t trust a new exchange though even if the they are pooneers in the space. I only use them for quick trades and get out, there’s no reason for me to store assets there for long IMO.

I've just found out currently Vindax exchange is not a top exchange on coinmarket cap. This means it couldn't prove a stable exchange than any other existing one. I already use vindax before and it shows low volume. Indeed, it is a new exchange better we should use good and reputable exchange where we can trade our coins.

ecnalubma

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

I only want to know is Vindax safe?

No! Centralised exchanges are not safe. If I were you I wouldn’t trust a new exchange though even if they are pioneers in the space. I only use them for quick trades and get out, there’s no reason for me to store assets there for long IMO.

nelson4lov

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Quote from: Kemarit on October 13, 2019, 05:56:32 PM

LOL, what happened though, today it was ranked 22? A few days ago it was the top exchange? It only proves that this is just a shitty exchange and just faking it's volume to look like that it was a look liquidity.

(https://coinmarketcap.com/rankings/exchanges/)

And just to be fair, those exchanges on top is as just shitty as VinDAX so I wouldn't trust them as well. Take for example on the list, BW 79.00%, I mean is that even real? Grin

All these small exchanges in top spots are just shitty exchanges faking volumes and looking for attention and new users. Nothing more. I remember the time of Coinone, Hotbit etc. To make matters worse, the caliber of coins they have listed on their exchanges are horrible. I don't know Why coinmarketcap.com has an Adjusted volume option when it can't even figiout if the volumes are being faked or washtraded. It's just a matter of time now, They'll go back to their default position.

Kemarit

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LOL, what happened though, today it was ranked 22? A few days ago it was the top exchange? It only proves that this is just a shitty exchange and just faking it's volume to look like that it was a look liquidity.

(https://coinmarketcap.com/rankings/exchanges/)

And just to be fair, those exchanges on top is as just shitty as VinDAX so I wouldn't trust them as well. Take for example on the list, BW 79.00%, I mean is that even real? Grin

ashmodeus

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Quote from: GreenStox on October 13, 2019, 06:20:55 AM

vindaX can beat a number of exchange sites that have been around for a long time, pointing out that the exchange platform is currently in high demand, this can be a very good opportunity for developers who want to build an exchange platform because there might be many interested.

what the hell you talking about, even u dont know where the good exchange.
both p2pb2b and vindax just using fake volume, and coinmarket seems stupid just make rank based dialy volume , and doesn't care whether it's fake or not.

asyakashi

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Previously Latoken had also topped the coinmarketcap. I suspect it was a big mistake.
I know that Latoken has many bots and it might be a fake trading volume.
so far I have never traded on vindax

GreenStox

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vindaX can beat a number of exchange sites that have been around for a long time, pointing out that the exchange platform is currently in high demand, this can be a very good opportunity for developers who want to build an exchange platform because there might be many interested.

clickerz

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Quote from: Free1bitco.in on October 13, 2019, 01:43:46 AM

Quote from: DGulari on October 12, 2019, 06:23:27 PM

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?

Damn, so binance got replaced to 16th place now as the biggest volume in 24 hours. I never use vindax as exchange, but judging from their big volume i think you shouldn't worry about them

even now binance has returned to rank 17. Well, it's quite strange if Vindax reaches the first rank in the most volume, it's just strange enough if Vindax suddenly rises to that rank without even having any events. Well, I just hope that it's not a fake volume. within 24 hours, the volume had increased by 32%.

Not heard of vindax, but seems the are making a noise. I hope they are not the one faking their data,trading volume etc to be noticed or part of their strategy or promotion.They are new in my opinion and we should take care transacting with them,checking their authenticity and legitimacy is a must. Hoping to read more feedback from users and people behind this exchange, about their affiliations and licenses etc.

Jating

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I doubt that we should consider this unknown exchange as the number one right now. Perhaps is is due to wash or they are doing fake volume tradings here. You just have to look at the sentiments of people around to se that this is relatively unknown until the OP break it in this thread.

I still still prefer to do trading with such reputable exchanges such as Binance or Coinbase. Nothing wrong though with trying VinDax but you need to be very careful as you don't want to be a victim in their wash trading.

kynaz

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Quote from: cosmofly on October 13, 2019, 02:44:16 AM

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 really a good exchange and they are influencing many traders who have extremely low fees and good liquidity.
In addition, they have good ref programs and great rewards for airdropers, which has created a fairly active community to this day.
But consider keeping the Vindax token, because it is always very volatile.

I don't appreciate much about the current fee of this exchange because of the fact that this exchange has a lot of shitcoin and the volume of those coins is almost zero at VinDAX exchange. In my opinion this exchange is trying to use BOT to make transactions and create fake trading volumes to have a good position at coinmarketcap. I think if you want to join VinDAX, you should consider it carefully because this is not a good choice.

Rodeo02

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Quote from: DGulari on October 12, 2019, 06:23:27 PM

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?

Damn, so binance got replaced to 16th place now as the biggest volume in 24 hours. I never use vindax as exchange, but judging from their big volume i think you shouldn't worry about them

This is only base on coinmarketcap since they count in the volume even the fake one.

You can also see here how they fake the volume in chart https://www.coingecko.com/en/exchanges/vindax?utm_content=vindax&utm_medium=search_exchange&utm_source=coingecko#statistics

And see normalized volume and fake volume here https://www.coingecko.com/en/exchanges .

cosmofly

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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 really a good exchange and they are influencing many traders who have extremely low fees and good liquidity.
In addition, they have good ref programs and great rewards for airdropers, which has created a fairly active community to this day.
But consider keeping the Vindax token, because it is always very volatile.

bassbity

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Quote from: Free1bitco.in on October 13, 2019, 01:43:46 AM

Quote from: DGulari on October 12, 2019, 06:23:27 PM

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?

Damn, so binance got replaced to 16th place now as the biggest volume in 24 hours. I never use vindax as exchange, but judging from their big volume i think you shouldn't worry about them

even now binance has returned to rank 17. Well, it's quite strange if Vindax reaches the first rank in the most volume, it's just strange enough if Vindax suddenly rises to that rank without even having any events. Well, I just hope that it's not a fake volume. within 24 hours, the volume had increased by 32%.

Maybe the VinDax exchange has increased because of the IEO I often see several projects launching IEO on VinDax and therefore the volume has increased, to be honest I have never traded on VinDax so I don't know whether it's safe or not,

But still haven't seen anyone say that the VinDAx exchange is problematic.

Google+

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I think VindaX has a very strong competitor from P2PB2B, right now I'm very surprised because the Binance exchange place can be defeated with a new exchange place like VindaX, hopefully the security at this exchange can benefit you.

joniboini

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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.

Free1bitco.in

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Quote from: DGulari on October 12, 2019, 06:23:27 PM

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?

Damn, so binance got replaced to 16th place now as the biggest volume in 24 hours. I never use vindax as exchange, but judging from their big volume i think you shouldn't worry about them

even now binance has returned to rank 17. Well, it's quite strange if Vindax reaches the first rank in the most volume, it's just strange enough if Vindax suddenly rises to that rank without even having any events. Well, I just hope that it's not a fake volume. within 24 hours, the volume had increased by 32%.

princerepon

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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?

Yeah i saw that too and that's incredible i think. They have only 94 tokens/coins for trade. That's really awesome start for VinDAX. I mean they just stared just 10 months ago and they are doing really good job. Personally i don't like their trade tools but i think it's really promising exchange. Hope they reduce their withdrawal fee ASAP.

iamsange

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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?

If Vindax have top 1, maybe a lot of money movement already in that exchange. But honestly, i am very rarely heard about it. But if from coinmarketcap, they listed because of 24hrs volume trading. But i am not use it yet that is why i better to see people's review in here too.

btc_angela

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Nah, we never heard of this exchanges, so suddenly shoots up to number one? What happened to Binance? And as you can see the first 15 exchanges are relatively unknown, so I don't know how the hell they relegated the top exchanges to the bottom of the list, Lol, something is not right here.

NewRanger

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Quote from: DGulari on October 12, 2019, 06:23:27 PM

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?

Damn, so binance got replaced to 16th place now as the biggest volume in 24 hours. I never use vindax as exchange, but judging from their big volume i think you shouldn't worry about them

i've check it to coinmarketcap too.and i am suprised with current data,i am cmc now provide wrong data about top exchanges based on top volume.i am still believed binance still the biggest exchange.vindax p2pb2b looks like has fake volume.if we want to check it,maybe take 1 coin as example and look at buy order.this order will show to us these exchanges has real volume or not

deadsilent

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Lol. What a joke. I don't even know this exchange exists. Does this mean they just overcome their competitors like Binance or Kicking? That's BS man. The analysis is not so accurate. The fee is quite good tho. But I still don't believed it.

DGulari

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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?

Damn, so binance got replaced to 16th place now as the biggest volume in 24 hours. I never use vindax as exchange, but judging from their big volume i think you shouldn't worry about them

adroitful_one

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1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR

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?

I looked around on the internet and could really only find one guy that says he deposited coins and they never showed up in his account. This was back in August though, so I'm sure that has been corrected by now. Also, they may have really low trading fees, but it seems like their withdrawal fees are relatively high. So, it kind of negates the point of that. I guess if you're not going to withdraw for a while, it's fine though. Just be aware that it's going to cost you .002 or $16+ at current rates to withdraw any Bitcoin you might make from there. Unless they've changed their fees of course.

alexey14

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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?

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