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Topic: Worst exchange you experience for trading (Read 1146 times)

jr. member
Activity: 168
Merit: 4
The worst exchange I've ever traded on is Mercatox. I lost my 2FA couple years back and every efforts made to have it retrieved proved abortive as their customer service is way too poor to handle customer complaints.

Moreover, long before I lost my 2fa code, I never for once traded a single coin successfully as liquidity on the exchange used to always be low, in which made the price always lower for sell compare to the standard market price in other exchanges. And if you try to make a withdrawal, they would be ready to cut-off your head with transaction fee.

Mercatox has been my worst nightmare...!
legendary
Activity: 2632
Merit: 1212
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In some obscured exchanges I had a bad experience. Like coinexchange, yobit, bitgrail. They have a long withdrawal time. The others are mercatox, tradeorge because of their bad using design.

Currently, I'm not using those and rather using more well know exchange like Binance and local exchanger which has a physical office where I can go for just an hour if I had trouble

What are you doing trying all these nonsense ones lol

I mean sure back in 2017 we were all playing guessing games, trying new coins and new exchanges. I definitely used Yobit once or twice. Remember when Poloniex was big?

But with Binance or say even Coinbase (if you're lucky to be American) serving practically the whole world and no problems (unless you find KYC a problem) there's no reason to use something else these days.
member
Activity: 124
Merit: 10
In some obscured exchanges I had a bad experience. Like coinexchange, yobit, bitgrail. They have a long withdrawal time. The others are mercatox, tradeorge because of their bad using design.

Currently, I'm not using those and rather using more well know exchange like Binance and local exchanger which has a physical office where I can go for just an hour if I had trouble
hero member
Activity: 826
Merit: 583
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Yes, binance, kucoin, coinbase are a good quality of exchange. But there are few exchanges which are harmful for trader. I face and lost my balance from there exchanges such as- coinbene, whitebit and mexc, I invest few new coins but they email me as a short time or withdrawal problem or not available the coins and lost my balance.
I use MEXC, and there are no problems with balance and withdrawals. You have to pay attention to the assets that you send.
Other exchanges that I think are bad are LaToken and P2PB2B. I avoid this exchange as much as possible. I also heard Yobit is an exchange that frequently cheats its members through new tokens. I've never tried it, and I'm not interested in an exchange with a bad reputation.
full member
Activity: 1121
Merit: 100
Yes, binance, kucoin, coinbase are a good quality of exchange. But there are few exchanges which are harmful for trader. I face and lost my balance from there exchanges such as- coinbene, whitebit and mexc, I invest few new coins but they email me as a short time or withdrawal problem or not available the coins and lost my balance.
jr. member
Activity: 140
Merit: 2
To be honest, there were a couple of awkward moments. There were times when I sold bitcoin at a very low price. Now I regret it.
member
Activity: 840
Merit: 23
Binance is one exchange I have sworn never to send my funds to ever again. I had one horrible experience using this exchange. Their p2p exchange is  not automatic but rather customized which makes it even more easier for newbies to get cheated. And with their full alliance with the Nigerian government making even more stricter and tighter KYC demands
member
Activity: 546
Merit: 10
No matter how good an exchange may be there is always a time you experience difficulty or maybe temporary issue. Although, i don't use alot of exchange but i had a terrible experience using P2pb2b and yobit. I always enjoy using Binance and KuCoin and at times Coinsbit, they have always served me well in all aspect.
member
Activity: 364
Merit: 13
I have had a bad quite few trading experiences, there is this website where I go my coin listed and I was facing a language barrier. I think it an Asian website, I couldn't trade my coin and the coin have to drop so bad, after some time the website clear the barriers but then I have lost alot of funds.
sr. member
Activity: 1890
Merit: 252
The OGz Club
The worst exchanges I've ever used in my opinion are LAToken and P2PB2B, not that I'm badmouthing these two exchanges,
but indeed from my experience these two exchanges have a bad reputation, because of the small volume,
and withdrawals from these exchanges are also quite long, yes more either trade on exchanges like Binance, or Kucoin
I also had a bad experience on LAtoken and and Yobit exchange. these two exchanges often list tokens that have no liquidity, even I have bought tokens that were only registered for 1 day there and no longer have liquidity. if you want to buy a token that has the right liquidity then don't buy it at latoken or yobit, it's better to buy or trade on binance, kucoin or FTX.
LAToken does have a bad reputation, especially Yobit, very little liquidation in these two markets,
not many people trade there, and I don't think the funds there are safe, that's just my opinion, but these two markets are still running,
I don't know, and it's true. what it says that Kucoin and Binance are the best markets for now
member
Activity: 770
Merit: 12
Trphy.io
I know the gamble that it has and I'm not able to put it all on the line. I have perused a ton of terrible encounters that caused me to understand that it's smarter to stick into the known and respectable trades. I have insight on obscure trades, I have never experienced it however I never only for my everyday exchanging. A great many people in this discussion these days likely haven't caught wind of it. It was so leggy and slow, it would me its clients vomit.
Would really be just normal for us to test out various or countless kind of strategies when we do make out some trades which is really a default or not surprising action made by us and since this
market is really that unpredictable and that random then it is really just a normal condition that we would really testing out various strategies or simply this would involved lots of trial
and errors which is a very common experience for us traders and i dont see any problems for this.For worst experience this is most likely talking about human errors due to emotional aspect
or been influenced by others.
from that mistake we can learn to fix the shortcomings, so that what we do in the future will be better. and this is an experience, by accumulating a lot of this experience, we will naturally have instincts in trading, and this is something that cannot be learned in theory, of course by increasing our trading practice we will understand by itself. On the other hand, by choosing a good exchange, we can at least secure our funds, because there are many cases where exchanges close and take away their customers' money
hero member
Activity: 2688
Merit: 625
I know the gamble that it has and I'm not able to put it all on the line. I have perused a ton of terrible encounters that caused me to understand that it's smarter to stick into the known and respectable trades. I have insight on obscure trades, I have never experienced it however I never only for my everyday exchanging. A great many people in this discussion these days likely haven't caught wind of it. It was so leggy and slow, it would me its clients vomit.
Would really be just normal for us to test out various or countless kind of strategies when we do make out some trades which is really a default or not surprising action made by us and since this
market is really that unpredictable and that random then it is really just a normal condition that we would really testing out various strategies or simply this would involved lots of trial
and errors which is a very common experience for us traders and i dont see any problems for this.For worst experience this is most likely talking about human errors due to emotional aspect
or been influenced by others.
hero member
Activity: 1260
Merit: 504
I know the gamble that it has and I'm not able to put it all on the line. I have perused a ton of terrible encounters that caused me to understand that it's smarter to stick into the known and respectable trades. I have insight on obscure trades, I have never experienced it however I never only for my everyday exchanging. A great many people in this discussion these days likely haven't caught wind of it. It was so leggy and slow, it would me its clients vomit.
member
Activity: 252
Merit: 10
So far, I've had a lot of bad exchanges, and most of them have been scams. however, most of the exchanges I've forgotten the name of because of poor service, and became scams. one of them may be a latoken, so far I have several coins there, but have never made a withdrawal until now. however, bad exchanges are very easy to forget.

What you have typed correctly here is that it is very easy to do bad things but what seems to be a doubt here is that I suspect that your money has ever been stuck in any exchange but you will not thicken the modesty that you can see their name then.   They will continue to do NIT poor exchange and it is annoying when it comes to projects with them have their winning lists from there you can choose another like them due to their small size.
full member
Activity: 1204
Merit: 162
The worst exchanges I've ever used in my opinion are LAToken and P2PB2B, not that I'm badmouthing these two exchanges,
but indeed from my experience these two exchanges have a bad reputation, because of the small volume,
and withdrawals from these exchanges are also quite long, yes more either trade on exchanges like Binance, or Kucoin
I also had a bad experience on LAtoken and and Yobit exchange. these two exchanges often list tokens that have no liquidity, even I have bought tokens that were only registered for 1 day there and no longer have liquidity. if you want to buy a token that has the right liquidity then don't buy it at latoken or yobit, it's better to buy or trade on binance, kucoin or FTX.
As far as I know for listing they want some amount of money and with that you have a certain volume made with bots. Now that is bad for normal people who want to buy something and end with worthless token.
full member
Activity: 1444
Merit: 156
#SWGT PRE-SALE IS LIVE
The worst exchanges I've ever used in my opinion are LAToken and P2PB2B, not that I'm badmouthing these two exchanges,
but indeed from my experience these two exchanges have a bad reputation, because of the small volume,
and withdrawals from these exchanges are also quite long, yes more either trade on exchanges like Binance, or Kucoin
I also had a bad experience on LAtoken and and Yobit exchange. these two exchanges often list tokens that have no liquidity, even I have bought tokens that were only registered for 1 day there and no longer have liquidity. if you want to buy a token that has the right liquidity then don't buy it at latoken or yobit, it's better to buy or trade on binance, kucoin or FTX.
hero member
Activity: 2268
Merit: 581
If we talk about the Worst exchanger then my words will never end. Thousands of such exchangers are now available online. Some of them are p2pb2b, Hotbit, and many more. Now there are lot of new exchangers which are being created. Some of them are good and most of them are on the bad list.
It's not about the exchangers that you see but it's about the exchangers that you personally use only as what is being said in the title. You mentioned hotbit, I have tried using this exchange before and my experience was good. All transactions went smoothly but I don't get it why someone claims that hotbit is a bad exchange? Urgh, I think their standard are just high. They have use a really high quality exchange such as binance and they compare it with this exchange.

I haven't used p2pb2b but anyway for the worst exchange I think that would be poton exchange. Not sure if the spelling is correct as ive only use this once before. I say worst because I mistakenly traded my token for just a cent. That token would have worth thousands of dollars, few days later.
full member
Activity: 854
Merit: 100
The OGz Club
The worst exchanges I've ever used in my opinion are LAToken and P2PB2B, not that I'm badmouthing these two exchanges,
but indeed from my experience these two exchanges have a bad reputation, because of the small volume,
and withdrawals from these exchanges are also quite long, yes more either trade on exchanges like Binance, or Kucoin
sr. member
Activity: 1414
Merit: 361
The worst experience about the exchange I got on IDAX and COSS, my assets were lost on IDAX because the developer ran away with all the customer assets. Meanwhile, my experience at COSS exchange is that after shutting down the service, suddenly my account cannot be accessed. So I hope you never keep your assets on the exchange for long, because we don't know what they will do with our assets in the future.
The reason I feel so bad for the damage you have done is because it is your responsibility to do some research before using any service but in their own way they are responsible because many people want your money  No, but because of that, it is not recommended to invest in us in the long run.
hero member
Activity: 1904
Merit: 540
Leading Crypto Sports Betting & Casino Platform
Probably 1inch, even though it is a decentralized exchange and not a centralized one, I remembered that this was one of the worst experiences I had. Not because of any hacks or bugs or glitches or any problems. I had that plenty of times and it was bad but after a certain point you do not talk about the places that scammed you, that is like being ready for it anyway and not a big deal and something you expect.

However, 1inch is the worst one that is legit, it is both not a place that aims at scamming you, but at the same time when you want to use it, it has the worse customer experience for sure, no other place really made me hate it so much without having any problems.
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