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Topic: Why does Cryptsy get so much hate? - page 2. (Read 2224 times)

legendary
Activity: 1974
Merit: 1003
April 20, 2015, 11:28:58 AM
#2
I personally had only problems with them ; u i can say, are one of the few lucky ones.
I will never use "Craptsy" again.
sr. member
Activity: 462
Merit: 250
April 20, 2015, 03:35:26 AM
#1
I've always found Cryptsy to be a very reliable exchange with quick deposits and withdrawals. I've heard that they had some issues regarding NXT withdrawals which would be delayed for days but I believe the problems were attributed to the fact that NXT's code is very different from Bitcoin and most other altcoins. I've also heard that this problem has been fixed although I continue to use other exchanges like Poloniex for anything NXT-related.

Other than that, the only other criticism I can think of is that they have a lot of low-quality altcoins (or more specifically, scrypt coins based on Litecoin with little innovation) which were popular in 2014. The fact that they stake PoS coins and receive profits from doing so is something that all other exchanges do and isn't unique to them.

I've heard them being referred to as "Craptsy" which is puzzling because I can't think of any other exchange which gets as much hate and criticism as Cryptsy does. Also, it's rare to find an altcoin exchange which hasn't even been hacked at least once in its life so they must be doing something right security-wise. Can anyone shed some light on why Cryptsy gets so much hate around here?
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