Worst exchange you experience for trading - page 6.

Silberman

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Quote from: Mkmanik on December 28, 2021, 01:46:22 AM

Yobit, This is the shit exchange ever I have used. Just forget my password and username. So I tried to contact at there support, But they did not provide my details because they think it's not me(real user). But I have emailed them with my personal Email address(that I have used to create an account)
Still, I have some funds there, But cant able log in.
No keys, no coin.
If they want, I can get access to my account but they did not want it.

Something similar happened to me, I had an account there and then my email provider announced that it was going to disappear so I asked the support if I could change my email as I will soon lose access to it, their response? It was not possible, then I asked why it was the case? After all changing your email is something that you can do in almost any website, they refused to answer and recommended me to just open another account, something that I refused to do, after all if they cannot do that can you imagine the problems I would have to go through if I had an actual issue?

FanEagle

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Quote from: JahriMeayer on December 17, 2021, 08:34:43 AM

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.

I had to recently test out gate.io and I have to say it is by far one of the worst exchanges there out there. First of all they require you to pay such a HUGE amount for withdrawal fee, you know matic? The one that charges maybe 3 cents? They charge 2-3 dollars for withdrawing it, also if you want to withdraw bnb, you need to have at least 50 dollars worth of it, do not even get me started on the trading fees.

It is by far the worst, there is no proper help, the KYC requirement takes over a whole day to happen, and you just wait there thinking how I can get my money out. TRX is the cheapest I could find and even there we are talking about 100x more than what the blockchain requirement is. They keep promoting "we won't charge any for USDT on tron!!!" but in reality tron USD doesn't really charge anyway, unless you withdraw tens of thousands in which case it is only 3-5 cents at most.

Peanutswar

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Never been tried other not known exchanges because in the first place by that looks like you risk your funds to a not reliable exchange so I guess it's not ideal to do but if we are talking about the platform using an altcoins like the pancake swap uniswap those are already reputable but the other than that i never been try because no one would like to risk their funds. Ive been using binance, kucoin, mexc, pancakeswap, and uniswap.

martina14

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Quote from: JahriMeayer on December 17, 2021, 08:34:43 AM

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.

BCNEX was the worst experienced that I used before, because I deposited some of my funds then after a months I think, the platform was suddenly gone without giving any notice to their clients. It was a lesson learned actually in my part, that is why at this moment, I only used most of the time an exchange which are on top in the market only just like Binance, Kucoin, Gate.io and pancakeswap.

MIner1448

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Quote from: JahriMeayer on December 17, 2021, 08:34:43 AM

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.

Every trader has a bad experience, are you talking about a bad trading experience? Or a bad exchange? Some users may call them bad exchanges that are in the top 5 around the world, due to their translation errors, for example, or their careless attitude to confidential personal data.

Smitty Werben Man Jensen

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Quote from: pinggoki on December 28, 2021, 04:43:40 AM

I only use Binance so I don't think I don't have any bad experiences with exchanges, probably their uber secure log in process irks me a little but that's about it as I just need to be patient to deal with that problem.

Binance is indeed one of the exchanges used by many people and it proves that the exchange has good quality so that it has earned the trust of many people,
obviously Binance has various features for trading and that's a good thing

pinggoki

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I only use Binance so I don't think I don't have any bad experiences with exchanges, probably their uber secure log in process irks me a little but that's about it as I just need to be patient to deal with that problem.

Mkmanik

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Yobit, This is the shit exchange ever I have used. Just forget my password and username. So I tried to contact at there support, But they did not provide my details because they think it's not me(real user). But I have emailed them with my personal Email address(that I have used to create an account)
Still, I have some funds there, But cant able log in.
No keys, no coin.
If they want, I can get access to my account but they did not want it.

carlfebz2

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Quote from: perfect999 on December 27, 2021, 04:47:09 PM

Quote from: pgbit on December 23, 2021, 08:04:08 AM

I have used a lot of exchanges like Binance KUcoin BYbit Pancakerswap but the worst one is p2pb2b. this is a very worst exchange for me because when I use it, I always got lost because of its chart.

Never even heard of that exchange and at first sight, I thought you are paying p2p trades haha Grin

.

For me the worst one has to be yoshit because they are shit and list any coin plus the exchange is a well known scam and while I didn't got scammed, I never had an easy time trading there.

I think the best one has to be Binance given how picky and careful they are when adding new coins and while their support sucks, there aren't many problems I have had on this platform for over a year or two now.

Im much aware p2pb2b which i had sold some coins which are only listed on that platform. I dont have any problems or bad experiences though but i wont turn back on using it as my main one.

For overall on being shit they Yobit does have that which does have shit support and very shady acts which the community does aware about that specially those old users here on this forum.
Nothing beats out on being shady on this platform but still surprisingly it is still running until today.

perfect999

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Quote from: pgbit on December 23, 2021, 08:04:08 AM

I have used a lot of exchanges like Binance KUcoin BYbit Pancakerswap but the worst one is p2pb2b. this is a very worst exchange for me because when I use it, I always got lost because of its chart.

Never even heard of that exchange and at first sight, I thought you are paying p2p trades haha Grin

.

For me the worst one has to be yoshit because they are shit and list any coin plus the exchange is a well known scam and while I didn't got scammed, I never had an easy time trading there.

I think the best one has to be Binance given how picky and careful they are when adding new coins and while their support sucks, there aren't many problems I have had on this platform for over a year or two now.

doomloop

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Quote from: Alisha-k on December 26, 2021, 09:47:43 AM

I don't think I've had any bad encounters with any of the exchange site,the only challenge I think I can encounter regularly,on almost a my withdrawal is that the transaction fee is usually on the high side and that makes me withdraw once in a very long time.

Same here I never had serious problems with any exchanges out there but the one that troubles me the most was Localbitcoins who technically isn't an exchange but I used to buy BTC and sometimes sell BTC on that website to the local users for cash. The website suddenly without any reason or logic forced me to do KYC which I never wanted to do. They even locked my funds which was immoral, I understand some exchanges may do KYC but they should have never locked my funds.

I ended up doing the KYC and getting funds out but it is something I will never forget and I make sure to let everyone know about this so they don't face the problem and at least LBC loses some customers Grin

.

Fivestar4everMVP

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I've used several exchanges, and I must say that the exchange or rather, exchanges that gave me the worst trading experience are -
1. LATOKEN - I've come to hate this exchange and it's owners(who ever they are) with passion, I mean from high trading fees to high withdrawal fees, worst part is this exchange even collects deposit fee on any coin you deposit to the exchange, this is worst than worst.

2. HITBTC - I used to like this exchange until I discovered I can deposit any amount of coin to the exchange but can't withdraw all, that is your withdrawal amount must be in round numbers, like 100, 200, 500, 800, if you have 891, you can only withdraw 800 and the 91 remains on the exchange, you either have to look for a way to make it a round number or forfeit it to the exchange, this is what I call day light robbery.

gabbie2010

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Luckily for me I had never had any bad experience with any exchange, even in some of the newly established ones where my bounty tokens were listed, I usually exchanged my tokens to either bitcoin or ethereum and transfer it swiftly to my wallet to avoid any touching stories, I also took my time in choosing a reliable and trusted exchange for my trading which is Binance, I have read many negative remarks and reviews of some bad exchanges whose reputations are questionable thus I tried avoiding such type of exchange for trading.

ScamViruS

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I have used many exchanges to trade in different coins, I have encountered many problems in those exchanges but I was able to solve those problems quickly in the rest except some exchanges. I have used the top exchanges of the present time, and their support team has responded at the right time so that even big problems can be solved without any hassle.

However, I once faced a big problem on Hitbtc and took leave from that exchange without any solution. So the worst exchange for me is hitbtc.

Silberman

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Quote from: sarmrakib on December 23, 2021, 08:06:08 AM

Quote from: JahriMeayer on December 17, 2021, 08:34:43 AM

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.

We have all the top list exchange on our hand to choose so there is no need to trade on Unknown exchange .I always use well known exchange where i never faced any issue .If i wanna share my bad experience to you about worst exchange in my crypto life it will be etherdelta what i used at the beginning of my crypto life .This was a DEX platform and it was really popular than but after connecting my wallet my fund was lost so i never did trust this exchange after having such a scammed .As i know the name change into Forkdelta and i didn't try it so don't wanna comments on that .However we need to trade on reputed exchange to make our fund safe and secure .

This is a problem that many newbie traders experiment, as they do not know a lot about the markets they have the tendency to choose an exchange that was recommended to them by some other people on social media but the truth is there are a lot of bots and fake reviews there, so there are very high chances that you end up trading in an exchange that is not trustworthy making your first experiences in this market extremely negative to the point that many give up and think the whole market is a scam, even if we know this is not the case.

Alisha-k

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I don't think I've had any bad encounters with any of the exchange site,the only challenge I think I can encounter regularly,on almost a my withdrawal is that the transaction fee is usually on the high side and that makes me withdraw once in a very long time.

doomloop

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Quote from: JahriMeayer on December 17, 2021, 08:34:43 AM

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.

Those exchanges which had scammed were not into business anymore. This is the common scenario. Scammy exchanges cannot sustain in this crypto space. With the power of this community, we can push scammy exchanges to get shut down hence obvious scams cannot continue their bad behaviors for long duration.

Even I appreciate your efforts for this discussion; I guess it would be a good practice to have the list of reputed exchanges rather than looking for list of worst exchanges. When you know 2 to 5 reputed exchanges, I am sure you can survive in this crypto space without any major problems.

ranaprime

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I do not usually trade on anonymous exchanges only when needed. From my little experience I saw that p2pb2b is not good exchange at all. I remember that my first transaction by made a deposit here once but it has been deposited and after some times gone again. I talked to the support about the matter and they did not return my balance for this reason i always avoid this exchange.

xmonkeyx

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I never thought of trading on an unpopular exchange that would allow me to lose my assets. In my opinion, the choice of exchange is the most important thing which must be in a place that we trust, of course a place that is popular and has been trusted by many people.
So far I've only traded on a few very trusted exchanges and so far I haven't come across the worst.

jrrsparkles

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I have some bitter experience on exchanges like cryptopia, yobit and even on coinbase but now I am using very few exchanges and those even on rare occasions so didn't remember anything in the recent months.

One instance I remember was from Hitbtc if I am not wrong where I deposited tokens after looking at the price on coinmarket cap but I realized the reported price from the exchange is not even 1 by 10th and more worse thing is I can't withdraw those tokens so I decided to sell them for loss and just removed the exchange from using forever.

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