Bitcoin Forum

Hello Every Body ...

I Am New In Cryptocoin  Trading ....

In The Last 3 Days I Was Try To Find One Honest Cryptocoin Exchanger Without Scamming Pepole

The Result Was Very Bad All Bitcoin & Cryptocoin Exchanger Have Too Many Scamming Reports

I Like This Kind Of Trading But The Problem I Cant Find Honest One !  :-\

Not all Bitcoin exchanges are scam almost every exchange receive tons of complaints and that is normal because not everything can be fixed immediately. Experiences can be different from each trader depending on which coin they're going to trade.

Binance is a good trading site with huge trading volume and you don't need to do KYC. There's a lot of exchanges that are legit it's up to you if you think all exchanges are scamming everyone.

Actually there are quite a lot exchanges who are trustworty.

For a Fiat->Bitcoin gateway (no ordering):

• Coinbase (https://www.coinbase.com/ (https://www.coinbase.com/))
• Kraken (https://www.kraken.com/ (https://www.kraken.com/))
• Bitstamp (https://www.bitstamp.net/ (https://www.bitstamp.net/))
• Gemini (https://gemini.com/ (https://gemini.com/))
• Localbitcoins (Peer to Peer exchange, not a 'full exchange'; https://localbitcoins.net/ (https://localbitcoins.net/))

Crypto <-> Crypto exchanges (no ordering):

• Binance (https://www.binance.com/ (https://www.binance.com/))
• Kucoin (https://www.kucoin.com/#/ (https://www.kucoin.com/#/))
• Bittrex (https://bittrex.com/ (https://bittrex.com/))
• Bitfinex (https://www.bitfinex.com/ (https://www.bitfinex.com/))

These are the most commonly named/used.
While they are trustworthy enough to buy/sell coins on them, they are NOT trustworthy enough to keep the coins on the exchange (this applies to every(!) exchange).


If you are going to buy bitcoin (or any other crypto) make sure you already have learned/understood how to store coins safe.
Create a wallet -> buy your coins -> withdraw them immediately.

I use Kraken, Kucoin and Local Bitcoin and have not had any problems. Generally it's not the exchanges that are the problem, naturally they charge a fee (they are a business after all and need to make money) just compare the fees etc before deciding on the one you use. Use common sense, make sure your computer is as secure as possible-anti-virus, anti-malware VPN etc, and do your due diligence. 
 

All exchanges have chance to become shit in the future but it doesn't mean they will be surely like that. At least somehow you can put trust and risks on exchanges that was already in the service for long time now and already built a good reputation in crypto world while at the same a registered company.

May we know what exchanges you are talking about here? So that we can give our own feedback about it. It's users based and problems in exchanges common.

Just think of it, if all exchanges are scam then why many still do trades?

You have to admit first that there's no perfect exchange, all of them have problems about deposits, withdrawals, coins listing and etc.

Why not state what are these exchanges that you have used and encountered problem with it? as long as you never used the exchange and you are only depending on the bad reviews of most that will stop you to use but if you have good experience on that exchange, you will stop?

Scam means you get nothing and those reviews probably are only getting their withdrawals delayed but later they get it.

Bob has pretty much given you a list of good exchanges you could use without worrying of being scammed👆and if you need other choices in case you need a fast trade you can use shapeshift or changelly as they fall under this category, just be cautious of trades that involve fiat as these attract a lot of scammers especially on p2p platforms.

Do you mean scamming and hacking reports? To be honest, Yes, its true, but there are a lot of solid and reputable crypto trading exchanges out there like Binance and Kucoin or even OKEx. If you want to get a good measurement as to what trading has large volumes per 24 hours, you can refer to: (https://coinmarketcap.com/exchanges/volume/24-hour/). Its fairly evident that most traders trusted that exchanges, IMHO.

I think every crypto exchange have a negative feedback about their system simply because its coming from unsatisfied users, but I think its all about the risk because literally there is no safe cryptoexchange if you believe on that. I have my accounts with Poloniex and their service is quiet not good according to other people but so far I don't experience any of those negative things. Binance is a good choice for you, try to study it and be ready for that risk.

My guess is you had some shitcoin that were trying to buy or sell and stumbled upon some shit exchange that ended up freezing your account scamming you!

That's quite a heavy statement to make that all exchanges have scammy reports.There maybe issues but those issues don't mean the exchange is a scam and in fact there are several exchanges that offer excellent services.Bittrex,binance, kraken,Bitfinex etc are great exchanges and there are several others.

Buddy, try localbitcoins. I think you'll like it. There everything is clear and fast. I didn't have a single negative exchange.

Lol there are good exchanges out there that are not scam at all, they have been around for long and are still rendering good services till today. Just like Coinbase, it is one of the best exchanges out there but that doesn’t mean that you won’t see any bad reports about them, there is always a bad report no matter how good they are, but I have been making use of Coinbase for like four years now and I have never had any problem with it. So I don’t know how others manage to do so.

Maybe you just searched in the wrong place,be detail with your statement the people here will assist you to the right exchange.

Already there are lot of people suggest the best exchanges they have used but if you want to buy or sell bitcoin for fist then you can use localbitcoin.com which is very trust worthy and no chance for scam whatsoever,you just need bank account and you can buy directly from your local fiat currency.

Strange you can't find one. Every exchange I've ever tried before has all turned out to be OK. I mean sure, they ALL have their problems sooner or later, especially once they get too big too fast, but I haven't tried one that I researched and saw to be legitimate that has scammed me.

Tell us what coin you want to buy/sell, tell us how you want to deposit funds, and we can suggest. No details, no help.

Perhaps the problem is that you are looking for exchangers completely without negative reviews, which is almost impossible. Because a regular person is much more likely to write about bad experience than about good one