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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: fred22 on January 12, 2018, 10:09:53 AM



Title: Etherdelta is a complete ripoff
Post by: fred22 on January 12, 2018, 10:09:53 AM
People try to use other exchanges as Etherdelta is a complete ripoff with all the stupid gas fees. Every move you need to do there you will be charged. They should be banned.


Title: Re: Etherdelta is a complete ripoff
Post by: DevelopmentBank on January 12, 2018, 10:15:36 AM
Banned? Lol. Actually, people should be banned for being crazy enough to use it. Everything costs too much but Etherdelta hides behind it calling it "gas" fees.

The only reason its alive is because it has the most number of ERC20 tokens that can be traded. Don't worry because exchanges like KuCoin may soon support tokens as well and we will finally be able to be free of etherdelta. If you want to help get rid off etherdelta i think the best thing you can do right now is to boycott etherdelta and switch to Kucoin.


Title: Re: Etherdelta is a complete ripoff
Post by: SMS303 on January 12, 2018, 08:11:24 PM
Forgive my poor English.....

I am already busy for two days to get in contact with an ED rep. No succes so far!
These bastards has a public twitter group where i could not discover any ED representive to answer all complainments from the users. The most given answer  by users is: increase the GAS price.....

Since 5 days i had several failed orders on ED which ate about $100 or more at fees plus i missed buy/sell oppertunities.
I tried several GAS price fees and still no succes.... only thing what is succesfull is my decreasing amount of ETH! AND THIS MAKES ME REALLY PISSED OFF!

So ED bastards....
Why is your echange so fucking slow and from this very user unfriendly?
Why do i need to pay fees for a failed order?
Can you explain why my orders fails so many?
When will ED be user friendly?
Why is it still possible that wrong orders are accepted (for example amount and price switched) and not get blocked by the system or sold/bought for the highest/lowest price in order book like bittrex and other exchanges do?


Does somebody has an email- twitter address where i can contact the bastards with all my questions?

Disclaimer: this post may be multiplied on Reddit and other Crypto sites!



Title: Re: Etherdelta is a complete ripoff
Post by: justin86 on January 12, 2018, 08:21:05 PM
I'm not a fan of them either, also I see they are not doing well in their ICO. I don't think they will last long.

Same, but etherdelta is good because a lot of tokens listed there and no account needed so it is easier to trade tokens for eth. Ico is scandal.


Title: Re: Etherdelta is a complete ripoff
Post by: kryptqnick on January 12, 2018, 08:29:06 PM
Banned? Lol. Actually, people should be banned for being crazy enough to use it. Everything costs too much but Etherdelta hides behind it calling it "gas" fees.

I didn't know about this issue, but it's surely bad if that's the case. I try to use more common exchanges not to find myself in such inconvenient situations. However, it all depends on how high the rates really are, since etherdelta is also a place of the prices which differ a lot from those on bigger exchanges. For example, I remember that once when blackmoon cost 70 cents it was $1.4 on etherdelta for about 10 minutes and if one had bmc there at that time I bet it was a great price to sell it even under high gas fees.


Title: Re: Etherdelta is a complete ripoff
Post by: magiccarpett on January 15, 2018, 03:49:25 PM
People try to use other exchanges as Etherdelta is a complete ripoff with all the stupid gas fees. Every move you need to do there you will be charged. They should be banned.

Ed is a fraud for me now. It was good for me at beginning. Now hacked, sold and a senseless ico.
I tried so transfer my coin on ed wallet and spent 23$ for transaction. Transaction was refused.wtf? My money just gone for nothing.


Title: Re: Etherdelta is a complete ripoff
Post by: andrey111 on May 27, 2018, 12:53:40 PM
I'm not a fan of them either, also I see they are not doing well in their ICO. I don't think they will last long.

Same, but etherdelta is good because a lot of tokens listed there and no account needed so it is easier to trade tokens for eth. Ico is scandal.
I fully support. Ezerdelta is good for bounty hunters. If you need to quickly merge coins erderlta very much helps. And for the gas think those who trade and they need to react to it.


Title: Re: Etherdelta is a complete ripoff
Post by: Holla123 on May 27, 2018, 12:58:53 PM
People try to use other exchanges as Etherdelta is a complete ripoff with all the stupid gas fees. Every move you need to do there you will be charged. They should be banned.

With Idex and Ddex there is better DEXs already. Cobinhood will also add a decentralized exchange to their offering. With ED it is very easy to lose money to entering wrong data. With buy orders for example it is enough to confuse the price and the amount you want to buy and you are royally screwed. Idex really much better to use.


Title: Re: Etherdelta is a complete ripoff
Post by: bakery506 on May 27, 2018, 01:03:14 PM
ED has been out of use for a long time, because his transaction cost is high, the speed is slow, the transaction experience is very bad! People still use it now, because as long as it is the ERC20 series token, it can be traded in the first place! But now there's another FD! The function is similar to it, the trading experience is much better!


Title: Re: Etherdelta is a complete ripoff
Post by: alexzorgo on May 27, 2018, 03:14:20 PM
People try to use other exchanges as Etherdelta is a complete ripoff with all the stupid gas fees. Every move you need to do there you will be charged. They should be banned.

The market of crypto-currencies is a free market. Nobody forces anyone to use specific exchanges for trading. There is always a choice.
But at the moment the infrastructure is not as perfect as we would like. But do not forget that the crypto currency at the beginning of its development.
Therefore, we will have to wait until the tools for trade are not statute more perfect.
Let's compare the Forex market: today - a day's turnover-billions of dollars. But Forex began 40 years ago.


Title: Re: Etherdelta is a complete ripoff
Post by: Svelto on May 27, 2018, 03:17:12 PM
I agreed that etherdelta’s fees is high and the website is slow. I do not enjoy trading there as well. If the token I want to trade is in another exchange, I will definitely not choose etherdelta.


Title: Re: Etherdelta is a complete ripoff
Post by: Muhammad Muneeb on May 27, 2018, 03:24:49 PM
People try to use other exchanges as Etherdelta is a complete ripoff with all the stupid gas fees. Every move you need to do there you will be charged. They should be banned.

us alternative of etherdelta like idex , soon etherdelta exchange will be a dead exchange.. etherdelta charge usually  15 gewi gas fee for a smooth transaction . i don't use it now and left it for good


Title: Re: Etherdelta is a complete ripoff
Post by: 50ouncebrew on May 27, 2018, 03:26:33 PM
Were you expecting them to providing their services to you for free? they have ends meet to make too and maintaining a platform takes money so it is only normal that they collect fees for the services that they provide to you. Gas prices are normal for ethereum and ether based tokens. If you do not like it there, then there are lots of others which you can use instead of etherdelta.


Title: Re: Etherdelta is a complete ripoff
Post by: tyuner4 on May 27, 2018, 03:30:48 PM
Etherdelta has its pros and cons. It is good for people who want to remain anonymous since there is no registration needed. And it support those tokens that other exchanges do not want to list.


Title: Re: Etherdelta is a complete ripoff
Post by: Davidovic6648 on June 06, 2018, 09:04:28 PM
I would rather hold for other exchange to get my coin listed than sell my coin in an exchange like etherdelta.

The only advantage they have got is they accept some coi a that can not be listed or that could not meet up the asking price of big exchanges like binance and the rest.

Easy to visit but not enticing for trade


Title: Re: Etherdelta is a complete ripoff
Post by: yugyug on June 06, 2018, 09:36:43 PM
The only nice thing about etherdelta that it does not need minimum amount of equivalent ETH to trade compared to some DEX like IDEX which require a minimum amount of .15 ETH of token equivalent to do the exchange. Other than that etherdelta had become worst than ever before that's why i am switching now to IDEX and FD.


Title: Re: Etherdelta is a complete ripoff
Post by: david0ikari on June 06, 2018, 09:45:29 PM
I got the same problem 1 month ago, when I went to ED. 2 Days to whitedraw  coins on it ,with an extreme rate of gas...It was my last time. I do not advice to trade with them.


Title: Re: Etherdelta is a complete ripoff
Post by: stronghands4lyfe on June 06, 2018, 10:12:50 PM
I got the same problem 1 month ago, when I went to ED. 2 Days to whitedraw  coins on it ,with an extreme rate of gas...It was my last time. I do not advice to trade with them.
What did you expect? That is how a DEX works, but if you want to adjust the gas (gwei) you can and to begin with it is set to 4 gwei which is standard. Don't know how much cheaper you want to transact with...

Any DEX fwiw is going to have the same costs, it isn't just EtherDelta.


Title: Re: Etherdelta is a complete ripoff
Post by: Cynooza on June 06, 2018, 10:18:17 PM
There are smaller decentralized exchanges with more fair fees. Token.Store is one of them. And you can, actually, set your own gas price there and general fees are very low.


Title: Re: Etherdelta is a complete ripoff
Post by: Dondont on June 06, 2018, 10:31:59 PM
it has been more than 220 days since I know cryptocurrency and still use the rest of Etherdelta, that is forkdelta.Even when I still use Etherdelta, all the activities inside are still fairly reasonable, The other exchange also do the same thing related to this fee isn't ?
I think the Fee is only valid if we are trading instantly, either instant buy or sell


Title: Re: Etherdelta is a complete ripoff
Post by: CopMom on June 06, 2018, 10:35:08 PM
The exchange floors associated with Delta are mostly non-potential. The fact that investors can send Token to the Delta and sell to others has made the cryptos rate drop sharply and hard to recover. So my advice is not to trade on Eltherdelta and Forkdelta, very risky and highly likely to lose all your cryptos.


Title: Re: Etherdelta is a complete ripoff
Post by: Saisher on June 06, 2018, 10:37:47 PM
People try to use other exchanges as Etherdelta is a complete ripoff with all the stupid gas fees. Every move you need to do there you will be charged. They should be banned.

Also notice that, that is why I left it and just wait for my coins to get into other exchange etherdelta is the yobit of ethereum based token, but if your coin has a potential in the market it will soon get into popular soon, so it's better to just wait for a good exchange.


Title: Re: Etherdelta is a complete ripoff
Post by: bastian466 on June 06, 2018, 10:38:48 PM
yes it is a problem etherdelta has been a long time, I experienced even often make a deposit or withdrawal costs have been disconnected but the transaction is not successful it is a annoying thing


Title: Re: Etherdelta is a complete ripoff
Post by: Smitt on June 06, 2018, 11:06:15 PM
Yes you are right, but most of the coins listed on etherdelta and exchange have long been popular by some other investors, although etherdelta has its shortcomings such as lack of problem-solving, and is troublesome, many buyers take advantage of cheaper prices in etherdelta compared to other exchanges. I never use etherdelta, because I have experienced my missing coin problem, and once again every transaction we always charged even if the coins do not go into the wallet. Yes, all exchanges have flaws and advantages, so it depends on how you use them.


Title: Re: Etherdelta is a complete ripoff
Post by: coinluisa on June 06, 2018, 11:12:46 PM
People try to use other exchanges as Etherdelta is a complete ripoff with all the stupid gas fees. Every move you need to do there you will be charged. They should be banned.
That's true etherdelta is already ripoff so I think much better to shutdown that exchange so people can't trade their and they not lose their money because of that exchanges.


Title: Re: Etherdelta is a complete ripoff
Post by: shoreno on June 06, 2018, 11:14:50 PM
yes it is a problem etherdelta has been a long time, I experienced even often make a deposit or withdrawal costs have been disconnected but the transaction is not successful it is a annoying thing

maybe it is because of your internet connection? Seems like you have a faulty connection , thats why your transactions are always disconected. in my case i have a stable connection at home , thats why i did not experience any problem when trading on etherdelta.

its also normal for the transaction to be pending after you make a trade but after a few minutes, the transaction will always be completed as long as your adress are correct.

overall etherdelta is a good exchange for alts and other ico coins. sites loading does not totally affect its performance.


Title: Re: Etherdelta is a complete ripoff
Post by: Ricowavy on June 06, 2018, 11:23:51 PM
I think people use it because it is there you can find yourself every type of coin you might and the challenges it is facing is mostly faced by most decentralised exchange. Poor maintenance and poor customer support.


Title: Re: Etherdelta is a complete ripoff
Post by: Mhedz on June 06, 2018, 11:55:16 PM
Yeah,etherdelta is dead! After the hacking incident on etherdelta last january i think, i never use etherdelta to trade my tokens. I didn't feel that my tokens are still secured when im using it even there is metamask. There are lots of exchange which is secured to trade in with low fees so should i still use it,


Title: Re: Etherdelta is a complete ripoff
Post by: Clement Kaliyar on June 07, 2018, 12:34:26 AM
People try to use other exchanges as Etherdelta is a complete ripoff with all the stupid gas fees. Every move you need to do there you will be charged. They should be banned.
Everyone has the right to choose which exchange they wanted to trade and if the majority thinks that they are ripping off they wont be successful with their business, they are struggling after the hack they had but they still have a decent trading volume, their charges are much lesser than some centralized exchanges, decentralized exchange is the future and we need more exchanges with less charges,


Title: Re: Etherdelta is a complete ripoff
Post by: newinbtc on June 07, 2018, 12:42:55 AM
I stop using website Etherdelta Due to Many unconfirmed Tranx. At high rates also.

Now i am using new website names Forkdelta an alternate of etherdelta.

https://forkdelta.github.io - its completly safe as it launched by github.io website.

every has a right to choose exchange. i donot force someone.
Always Use Ether wallet using google chrome extention And I login my Forkdelta account using metamask only. It saves me from Unknow tranx. 


Title: Re: Etherdelta is a complete ripoff
Post by: keycellko on June 07, 2018, 12:51:51 AM
I used etherdelta before. The gas fees are just crazy. They have a lot of coins listed but its just not fair to charge so much. After the hack i didn't use ed anymore. I never logged in to my account coz i was afraid my information might get compromised. There are a lot of trusted exchange sites. Don't stick into an exchange that charges so high gas price.


Title: Re: Etherdelta is a complete ripoff
Post by: yetiripper on June 07, 2018, 10:36:05 AM
he-he, people are trying to get profit from all the things they can so this is not amazing for me, this is just what life is about


Title: Re: Etherdelta is a complete ripoff
Post by: BitcoVast on June 07, 2018, 10:42:33 AM
i have long left etherdelta, i currently prefer to use forkdelta, forkdelta is equal to etherdelta, but forkdelta is more stable and better than etherdelta


Title: Re: Etherdelta is a complete ripoff
Post by: Haunebu on June 07, 2018, 10:42:50 AM
Yes you are right, but most of the coins listed on etherdelta and exchange have long been popular by some other investors, although etherdelta has its shortcomings such as lack of problem-solving, and is troublesome, many buyers take advantage of cheaper prices in etherdelta compared to other exchanges. I never use etherdelta, because I have experienced my missing coin problem, and once again every transaction we always charged even if the coins do not go into the wallet. Yes, all exchanges have flaws and advantages, so it depends on how you use them.
I agree with you. Etherdelta is not one of the best decentralized exchanges out there, but it supports a plethora of tokens and coins which is why I still use this exchange now and then to trade some of my tokens. I hate the interface which is laggy as hell and never liked how insecure the entire setup of the website was in general which is why I generally warn people about leaving their money on such an exchange and any online exchange for that matter. Kucoin is far better in this aspect which is why I highly recommend it in this scenario. Did not use forkdelta yet though, but heard good stuff about it.