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Topic: Worst exchange you experience for trading - page 3. (Read 1149 times)

legendary
Activity: 2338
Merit: 1124
I remember a period where EVERYONE in bitcointalk used their signature campaign because they were paying insane amount of money. That was that one right? The amount they were paying were like x2 more than the closest rival, now that other places have seen what it could become, they ended up offering more compared to back in those days, but it was seriously high during those days too.

Moreover, we are talking about something that is getting a bit more dangerous when a place tries to do marketing that way. They obviously had enough money to attract people in regular marketing, but preferred to overpay for signature campaigns, that means not only they expected you to promote them, but also say good stuff about them as well.
That was seriously a big deal here. There were a few people who knew what was going on and kudos to them. The reality is that when marketing is done down to the individual, and not just regular type of marketing where they come here and talk to us, we are talking about paying everyone here. This is why so many people got fooled about them and I agree that they were one of the worst.

However, I have to say cryptsy exchange was one of the worst probably because of what happened. After mt.gox turned out to be a scam, they got almost every other investor, and people were trading there all the time, then they stole all of our money. That was the second biggest scam and I missed mt.gox days but got hit by cryptsy.
sr. member
Activity: 1428
Merit: 252
I was tricked by a DEX whose appearance and name are almost similar to PancakeSwap, at first I checked the token at BSC and I received a large amount of tokens and I think this is a reward for the many airdrops I have participated in, when I tried to connect something strange happened because The DEX asked to send the seed or private key by submitting it in the form, at that time I realized it was fake and I closed the site.
sr. member
Activity: 1008
Merit: 250
I believe a token can be airdropped/abundance and compelled to exchange there with numerous issues we know however up to this point I generally keep away from. Mentioning backing and finishing up the gave configurations, for example, connecting verification of exchange, affirmation time, trade address, I have satisfied everything. Be that as it may, the trade didn't tackle my concern till now.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
Cryptopia and Yobit belong to the bottom of my list.
- Cryptopia because they had low volume and every coins we had seen before most of them probably came from community-voting, so people could list trash coins on there and ask to the community for voting with whatever method they were using at that time. Also there were so many hacked attempts in few years, so the security of this site is questionable.
- Yobit is so bad and I don't know why people still trading on that site. Because most of the coins there are pumped and dumped by bots and the volume is ridiculously low considering they have bots and stuff. Also they have like ponzi scheme and so many shady stuff on that site, so I'd recommend to just stay away from this site.
legendary
Activity: 3094
Merit: 1127
in my whole life, the worst exchange I ever tried was Yobit, I don't know if now they have improved their site...

Back then, when I was a new user there, the site's response was really slow and there were often errors when I was buying and selling. even once my deposit didn't come in for 2 days into the site and their cs was very slow in responding to my complaint.
Well, there's a lot of bad rumors about yobits. I rarely use yobit but personally, as long as I make transactions there, I don't get big problems there except for the fee and the length of the transaction.
however, the exchange that I feel bad about is the latoken. as long as I have certain coins that are only listed there, the price is always unstable, besides that latoken is also famous for manipulated volume. Well, I don't know if the exchange still exists, but until now, I've never even made a transaction there because it's difficult, even when I really wanted to.
Not surprising that people would really be making out feedbacks according into their own experiences on platforms and just like me, i had experienced on using up Yobit which turns out to be not really good considering that some of their alt wallets are having a long time wallet maintainance and basing up on my situation on where it do ended up on 1 week wait time which it causes for me to miss
out on making profits just because the price had already made out some move and since the deposit was late then it is totally no sense on making such sell time.
Plus having no support communication is one of the most common Yobit problem.
sr. member
Activity: 1274
Merit: 264
#SWGT PRE-SALE IS LIVE
Many exchanges I have experience not good for trading from early days. One of exchange is cryptopia which has closed now. I don't like to trade on bithumbglobal echange also because there are buyer and seller margin has big different then you can't control your position. Other exchange is Etherflyer is well so many big drawbacks I found on this exchange. Many exchange goes to scam they have paid my money.
Kucoin, Binance, Pancakeswap exchange are only I love because they are just giving great performance.

That's true with Cryptopia and this is the worst exchange for me since a lot of altcoins I have on their data. A lot of trials and took years but they are not still distributing the assets of each holder.

Quote
Kucoin, Binance, Pancakeswap exchange are only I love because they are just giving great performance.

Yes, this is true and so far I have never experienced problems with my asset when doing trading, withdrawing, depositing, and also their investment features.
hero member
Activity: 2772
Merit: 634
"CoinPoker.com"
It was working like a Ponzi scheme, don't know how it's going on now. I don't use these particular exchanges for a long time.
As far I know they scammed a lot of people outside the forum by offering 10% daily pump.
Don't use this exchange and don't encourage your people to use this exchange, cause they showed very shady behavior in the past.

for me etherdelta was the worst exchange, I didn't like that exchange for its slowness and lagging and gas fees.
I remember a period where EVERYONE in bitcointalk used their signature campaign because they were paying insane amount of money. That was that one right? The amount they were paying were like x2 more than the closest rival, now that other places have seen what it could become, they ended up offering more compared to back in those days, but it was seriously high during those days too.

Moreover, we are talking about something that is getting a bit more dangerous when a place tries to do marketing that way. They obviously had enough money to attract people in regular marketing, but preferred to overpay for signature campaigns, that means not only they expected you to promote them, but also say good stuff about them as well.
member
Activity: 700
Merit: 10
if it's fraud on the exchange maybe it's not like that, but my bad experience at that time was when I had a fididentiax coin on the coss.io exchange, even though if I sold it it might have made me rich, but I still held it, because at that time I was early in cryptocurrency, until eventually the coins became worthless and the exchange was inaccessible until now. and after that i have to be able to move on
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
in my whole life, the worst exchange I ever tried was Yobit, I don't know if now they have improved their site...

Back then, when I was a new user there, the site's response was really slow and there were often errors when I was buying and selling. even once my deposit didn't come in for 2 days into the site and their cs was very slow in responding to my complaint.
Well, there's a lot of bad rumors about yobits. I rarely use yobit but personally, as long as I make transactions there, I don't get big problems there except for the fee and the length of the transaction.
however, the exchange that I feel bad about is the latoken. as long as I have certain coins that are only listed there, the price is always unstable, besides that latoken is also famous for manipulated volume. Well, I don't know if the exchange still exists, but until now, I've never even made a transaction there because it's difficult, even when I really wanted to.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
I once used the coss.io exchange, where I placed my assets on it. but for a long time without me knowing I can't access this exchange, and looking for news it says it's closed. and till now i didn't get my coins back. and it makes a very valuable experience, where if we want to save for a long time, it is better to store it in a personal wallet, so that the security of our own assets is responsible for it
its totally shit exchange,  i am never use this because i dont want to speculate my assets there. i am still have alot option about exchanges to use so they are my top priority when iam trading. Binance, kucoin and ftx was my favourite place to trade now. unreputable exchanges prefer avoid it.
legendary
Activity: 2800
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
in my whole life, the worst exchange I ever tried was Yobit, I don't know if now they have improved their site...

Back then, when I was a new user there, the site's response was really slow and there were often errors when I was buying and selling. even once my deposit didn't come in for 2 days into the site and their cs was very slow in responding to my complaint.

It was working like a Ponzi scheme, don't know how it's going on now. I don't use these particular exchanges for a long time.
As far I know they scammed a lot of people outside the forum by offering 10% daily pump.
Don't use this exchange and don't encourage your people to use this exchange, cause they showed very shady behavior in the past.

for me etherdelta was the worst exchange, I didn't like that exchange for its slowness and lagging and gas fees.


sr. member
Activity: 1042
Merit: 273
Quote
There are lots of exchanges available in this crypto platform. Binance kucoin coinbase houbi and so many good exchange Where people keep trading daily. But apart from that, sometimes we need to use unknown exchange for trading. Some may good and some may bad. And thats what I'm looking for! Your selected worst exchange, may best for others but it doesn’t matter. Share the name of exchange which gave you worst trading experience, scam your fund or sometime else. Share, so that others can alert from it.
Why will you use an unknown exchange when you are already using a known exchange? And using a not known exchange will only put your money at risk. I know there might be features that are not available in a known exchange or a less known exchange is also less stricter but I don't think that is worth the sacrifice. How can a worst exchange be best for others when it's already called worst exchange in the first place? lol.

Binance and other top exchanges can't be called a worst exchange just because you lose or you experience some issues. The problem is with you and not by the exchange and others won't be convinced no matter how you call them a worst exchange.
sr. member
Activity: 2324
Merit: 362
★Bitvest.io★ Play Plinko or Invest!
in my whole life, the worst exchange I ever tried was Yobit, I don't know if now they have improved their site...

Back then, when I was a new user there, the site's response was really slow and there were often errors when I was buying and selling. even once my deposit didn't come in for 2 days into the site and their cs was very slow in responding to my complaint.
member
Activity: 252
Merit: 10
Support - that's in fact the most common issue. exchange that takes the extra step to ensure deal with customers complaints no matter how good their exchange platform or system is.
Actually we consider an exchange as good, only if it has all qualities that we want. so good quality exchange wouldn’t have those issues, i believe. Yeah an exchange should take extra step especially so that they could verify customer easily and solve the problem.

Quote
I've experienced deposit not getting credited & frustrating is when there's no one from the exchange's customer support team handling your issue. i usually hesitate before using such exchange.
Notice that there are a lot of people out there who have problems with most of the exchangers but the problem is that sometimes they respond and sometimes they get annoying and misbehave and we present these problems and solutions.  They don't try to do it, they just mention it here and there to talk, although I think it's better to have no one to respond to.
full member
Activity: 1400
Merit: 115
Sugars.zone | DatingFi - Earn for Posting
I once used the coss.io exchange, where I placed my assets on it. but for a long time without me knowing I can't access this exchange, and looking for news it says it's closed. and till now i didn't get my coins back. and it makes a very valuable experience, where if we want to save for a long time, it is better to store it in a personal wallet, so that the security of our own assets is responsible for it
jr. member
Activity: 59
Merit: 1
There are lots of exchanges available in this crypto platform. Binance kucoin coinbase houbi and so many good exchange Where people keep trading daily. But apart from that, sometimes we need to use unknown exchange for trading. Some may good and some may bad. And thats what I'm looking for! Your selected worst exchange, may best for others but it doesn’t matter. Share the name of exchange which gave you worst trading experience, scam your fund or sometime else. Share, so that others can alert from it.
If you are interested, I suggest you look at the list of the worst cryptocurrency exchanges on this site. Here you can use filters.
member
Activity: 812
Merit: 53
February 26, 2022, 02:15:42 PM
I have a great experience of using crypto currency exchanges. My worst experience is that there are lot of exchanges in market that have very low trading volume. And that's why our order did not filled. I will not mentioned here any specific exchange here. But there is a issue with lot of exchanges.
They place there buy order at a price of 95$ . And sell order 105$. When price was at 100$.  But if you placed your buy order at 100$ your order will not filled. You need to buy expensive at 105$. But if price goes down then your order automatically filled. Exchange place their own buy and sell orders
copper member
Activity: 770
Merit: 1
February 26, 2022, 06:50:36 AM
Many exchanges I have experience not good for trading from early days. One of exchange is cryptopia which has closed now. I don't like to trade on bithumbglobal echange also because there are buyer and seller margin has big different then you can't control your position. Other exchange is Etherflyer is well so many big drawbacks I found on this exchange. Many exchange goes to scam they have paid my money.
Kucoin, Binance, Pancakeswap exchange are only I love because they are just giving great performance.
member
Activity: 966
Merit: 10
Allah is the Greatest
February 25, 2022, 09:20:50 AM
My bad experience with coinsbit exchange. My tokens stuck there and delay for many times . But now I have to used top class exchange because they have give us best service and support for the users . I used binance, kucoin, mxc exchange. . And other thing cex exchange is very risky because some low quality exchange got scammed without any notifications and steal fund
hero member
Activity: 910
Merit: 875
Not Your Keys, Not Your Bitcoin
February 18, 2022, 04:53:41 AM
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.

Did I just read what you just type correctly? Bad exchanges are very easy to forgive! I doubt if you your money has ever been stuck on any exchange, you will coarse that exchange and continue to trash them whenever you come across their name.
Latoken is a poor exchange, and it irritates me when new projects list in their exchange as their first listing because of the low volume, they list anything to earn their share, similar to Coinsbit, another tortoise-like exchange. Grin Grin

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