Bitcoin Forum

Exchangers are scamming now!!
Nobody Can't earn money anymore bots are all over Exchangers!!
What's Next big Exit scams When they take finally Our money?

Is any of the thiefes Here?
Can explain Why they scam now?
Its coz the Exchangers Will soon take all Our money? 

Wtf is Going on?  And cashing outs are slow and support not Reply?

My one and only question to you here is that when you know that you are being scammed, are you intentionally leaving your money on the table for the bots to take it away from you?
I do not think that the bots have the ability to continuously manipulate the markets, they are set by their respective traders to let them buy/sell stops hit at their desired price. Whale bots can bring wicks to liquidate small traders every once in a while but you cannot say that there's a wick in every candle.

Bots just following movement, doesn't mean you will lose by it, and which exchange you mean ? i still can earn a money on spot or leverage. btw, i have a option for you, why u didn't try bots too ? since u think bots always take your money, why not use them ?

I think its because the regulatory environment around cryptocurrencies are becoming stricter with each passing day. Earlier today, Okex suspended all withdrawals on their platform simply because one of their key holders was arrested. We might see more similar situations as this in the near future. It is recommended to store funds on personal wallet to escape issues like this.

Calm down, tell us what exchange did you use and you think that's scammed you. About bots, it's been already in all exchange sites since long time ago and you can find few of trading bots on this forum too, which isn't a new thing.
About cashing outs are slow and support isn't t
replying, it's back to them again whatever they can reach your ticket

Don't be paranoid.

Exchangers are businesses but they are not scamming, this is for the legitimate exchanges. But if you are using a new exchange and a scam exchange, obviously you'll be getting scammed.

And for the most good exchanges, if nobody is earning from them anymore then nobody will be using the manymore.

Don't say that all exchanges are scam. Because if you want to prove it that all exchanges was scam give us an example or that points you cant say if you don't use all exchanges one by one. Maybe you don't choose a good and popular exchanges to say that.

I still believe the exchanges are not scamming us because we can still make a profit from trading. Perhaps you have the worst experience of trading in the unknown exchanges or doing something bad in the exchanges. As long as you don't trade in the unknown exchanges and stay away from them, I am sure you will not get bad things with your funds.

You should only use recommended exchanges to trade, so you don't have any problem, and make sure you follow all of their rules to avoid the problems. Or perhaps, you can tell us which exchanges that scam you so that we can help you to find the solutions.

The first thing to come our mind is that exchanges is a custodial type, because on this thread, the op is generally talking about custodial exchanges, these exchanges do not give users any private key, they are the one managing the cryptocurrencies the users stored on their exchange. If we do not have the private key, how are we going to control out funds, it is not possible. Private keys are very vital to coin control. Exchanges as they seem to be, are making use of hot wallet to store users funds, and they are often tried by hackers to be hacked, that is why many exchanges have been hacked while hackers steals millions of dollars worths of cryptocurrencies, especially bitcoin and ethereum. So far we know about this, we should not store our funds on exchanges, storing it on wallet is better, it can be difficult especially during trading to move your funds to exchange and trade and send it back to wallet, but it is better than leaving coins on exchanges. About the issue of bots, exchanges can not scam people through this, cryptocurrencies are tranparent in price, exchnages can not manipulate this at all. If a trader lose, he is responsible for the loss because he predicted wrongly.

Then make bots fight against bots if that's your point. Bots are quite limited in what they can do, and sudden movements are out of their specialization imo, which makes people personally doing trades have an advantage to it. Plus, bots don't really predict anything and only follow a set algorithm, so if left alone for a certain period of time, it may make you lose your funds quite quickly, so really, blaming bots for whatever is happening in exchanges (whatever you think it is) is quite pointless. Cashouts and support not responding? Probably go to a better exchange then simple as that. Also big exit scams aren't really new or anything, it's still happening in fact afaik.

It's true most of the new exchange, projects right now are just up for profit and easy money by deceiving others and not providing the solutions or project they are proposing.
In regards with your question


I think you know the answer by just looking at your own trust profile.

If that exchange makes you feel like this, then better to look for the great one, not all exchange are scam some are still running smoothly and all you have to do is to educate yourself and start looking for the legit exchange so you wont feel that way again. If you are doubting the exchanges, and can’t afford to take the risk you can just but a coin/token and hold it using your own wallet where you have the keys, panicking wont help.

In high liquidity exchanges, the role of bots has little effect on the activity of non-bot traders. The bot only follows the global market scenario (for the top coins). In this case, it looks like you need to improve your trading strategy, especially emotional control is very important when market fluctuations increase suddenly.

It is quite common even in many years before. And yet, there are people making money with it  ;D

Dont blame an exchange if you can not have profit. You should criticize yourself of being ignorant in this market. Trading is never a easy job since you have to compete with thousands of other people and sharks. The more experience you have, the longer you survive.

I find trading is the same after many years. Even in stocks, forex or in crypto trading. There is no way you can avoid bot in trading. You have to agree with that truth. Many traders around this area are currently using bot. Are they scammers too? I dont think so. People have their own way of earning money.

Im ok with bots as long as they are providing volume and liquidity we cannot avoid bots in trading even in dex has many bots for example in Uniswap with high trading fees because of eth chain compared to cex this bots continue to trade 24/7 as long as profit been hit so if you want to earn profit you have to outsmart this bots and use your skills to earn more I know many scam exchanges are created almost every week I advised just use exchanges which is proven and legit DOnt ever use new exchanges with no reputation at all.

Looks new to you?
Better stay with the industry and you will see it quite often.

What kind of example do you want? Mt. Gox?  ;D
This kind of thing had been happening most of the time.
ICO exchange projects turning out to be scams but they really look promising from the start.
You are in the best forum for exchanges, might as well look around a bit more.

If you are wondering that you will earn money quickly from trading on the exchange, then you are in the wrong way. Like other platforms, there is no shortcut way to earn money from exchangers. Bots are on every exchange and it's nothing new here. But if you don't have enough patience then trading isn't for you. Do you think no one getting profits from the exchange? I don't think so, otherwise, no one will trading on the exchange. Before trading you have to choose a reputed one, so you will have less fear of exit scam by exchanges.

Unless you are accusing the exchanges of using their own bots to manipulate the market I do not see how this makes sense, a bot is just a set of instructions about how to react to the market in the case certain circumstances happen, a bot being used by a trader is not going to magically make money, it needs to be coded with instructions that allows it to make money over the long term and most people do not know either how to code or how to trade the markets and profit from them, so I think you are exaggerating the problem and if you cannot beat the bots then you should not be trading anyway.

We can't say that every exchangers are scamming because there are a lot of exchanger till now and these are safe for our asset. But it is a wiser decision to not store all the money in a exchanger.

Quite confusing here because last time I checked most cryptocurrency exchanges has been using bots for their ease of doing things. Trade isn't just what you hear of people said about it, if you don't have the needed experience for this industry then just keep off. Don't think about quick money to venture into trade. Believe me, good and reputable cryptocurrency exchange won't delay in reply for any queries from exchangers.

Before you drop any accusations here it will be good if you can provide a solid data or evidence that can back up to what you are saying because if you are saying all then this means that there is no one left that can be trusted but base on my experience, there are plenty of exchangers here that we can still trust either in centralized and decentralize exchanges.

So if you have a problem or you have a withdrawal request that was not processed then it will be good if you can just drop the data here so the forum members can give you a better idea or opinion on what to do and for us to check whether the exchange that you are currently using is a good one or a scam one.

To OP. Are you losing in trade mate? Arbitrate trading perhaps?
Not all exchanges are scam if you did trade wisely. As mentioned of most members (throught their comments) in your thread. Which exchanges did you accused? And, isn't this "slow" is a common things? Afaik, all exchanges have "slow" support reply (especially larger exchanges) right?

If you do believe bots can make you rich then you're dreaming and the reality had just slapped you on the face that this isnt something that can happen in real life.
We cant deny that exchange hacks, exit scams can happen from time to time but these are just on not regular basis.Calling all exchange are scams are inappropriate
yet we know that they are the main players of this market on making up trades between crypto-crypto and crypto-fiat one.
Thing here to remember is not to store all of your coins an exchange because you wouldnt know on when accident happens.
Cashing out are slow and support too? This is just a typical problem an exchange might have.

It's not new that many exchanges have proven scams right now, starting out promoting shitcoins, creates fake volume and manipulates
the coin price. But I don't agree that all exchanges are scam, because there are several reliable exchanges that help the crypto community
to mass adopt cryptocurrency. Therefore be careful when choosing exchanges for trading, because there are very few number of exchanges
that are good and reliable.

Usually, reviews from exchange users will help us, and can a benchmark to trade on those exchanges or not. And in order to avoid fraud, it is best to use only legitimate and valid trading exchanges. In all exchanges, there will be many trading bots.
Because one does not have to trade manually, can efficiently time and can increase the chances of high-frequency trading with stable and maximum profit
Bots will trail up automatically and raise the grid so traders who use bots will benefit. Bots auto-generate consistent profits in every bumpy market. That’s why many trading bots are found in every market.

So if the OP can't beat those bots, just stop trading on the exchange that he feels he can't win.
There are still reputable exchanges that you can go to. It is not the end of your trading career.
It is your strategy on how you can compete with the current situation.
I don't think exchanges will intentionally ruin their image by shady activities.

Do you have any problems with certain exchanges? What are they or what it is? Are you sure all exchanges are a scam? Including the top exchanges? And are you sure nobody can't earn money from exchangers? Have you may poll to all members here?
Well, silly of you.

First,
never judge a bad exchange to be similar to others, never judge all exchangers are bad because there are many reputable exchanges as I use until now.

Second,
You must have criteria or points why you accuse all exchanges are a scam. If you do not have sure reasons, it means nothing. You said "all exchanges"

Third, the withdrawal will take in various time, depending on each exchange itself, the fees are also various.

Fourth, I see that you have been losing much money for trading in exchanges. But look, you need only to learn more and trade carefully. Many of us are still earning big profits by trading in exchangers, bot usual trade, or even future trading.
The profits to gain will depend on how we make it and how we analyze including set the strategy

I think OP you are just overreacting and overly speculating things. Well, Not all exchanges are scam. There are still reputable, trusted crypto exchanges exists. If all of them are scam, how can they earn trust and how can be their company run with profits?

Athough some exchanges were just created for exit scams, but we can always check feedbacks and backgrounds of a particular exchange before using and trusting them right?

Dont generalize the exchanges because they are all different, some are likely a scam but those long existing exchanges were reputable and can be trusted.

It would be better if you mention the exchange you use so we can give our own experience on that particular exchange.

Plus there's no easy money here, and as a trader you need to exert an effort. Choose a good coin and reputed exchange thats what you need.

Yeah I agree, they are not scamming. It's just that, the market really is not doing that good. Also, the cryptocurrency community has been restricted already. So, I would suggest for you not to put more on trading platforms as of the moment. Especially when you don't know how the game runs yet.

But anyway, can you please OP elaborate it more? How were you scammed?

How are the exchanges the ones doing the scamming and not the failed crypto projects who only hypes up things and fail with their promises? Exchanges are just the middleman here when it comes to buying and selling cryptocurrencies, they aren't really the ones offering you cryptocurrencies here. To give you a brighter perspective when a stock of a company fails they don't blame the exchange itself but the company who have failed them as well as the ones connected to it and nothing more than that. I know exchanges can always screen the cryptocurrencies who can be offered in their platform but even that isn't enough to stop everything from you choosing a failed project.

What happened to the OP? blame all exchanges are scamer do you think in making this thread?

If you are having trouble on an exchange then which exchange talk got you like this, if and have lost a lot of trades it will be a risk, if support is slow then it's all busy big exchanges have full traffic so you need to be patient in support if that's her complaint.

So why do all exchanges become a scam?
The speculation is too high, so it causes a scene.

I wonder to you OP, why do you seem like spreading FUD...
if you feel cheated or have been cheated by exchange you should open the topic in the scam thread, it is better and more respectful than spreading concern to other users.

how do you know that all exchanges are scam or maybe you have been hit by a scam coin project so that this is not a good issue you better learn a lot and be careful in buying and selling on the exchange before buying you must know the risks you will get.

Or maybe he lost a lot of trading that's why his very angry in every exchange. Exchange are building their reputation by thier own even how small or big it is you should always know a trusted exchange to use which is the exchange with a lot of users  so that way you will not can't be a vicitim of scam exchange like what OP saying.

And if you lost in trading its normal and its part of the game.

Don't go to extreme conclusion,because it's not a true one.But I agree,some exchange are doing that.So you can check that one and with your experience,you can share that specific one to others.Because other will be aware of such fake and scam exchange.Avoid of extreme conclusion with your experience.

Not sure if there is still a slow exchange in terms of cashing, because if that happens then obviously traders will abandon it and they will use another exchange which is certainly faster and more efficient. But if it is about slow reply from support I guess it's natural, they have a lot of complaints and workers need time to deal with it all because I also have experience about the incident. You just assume this exchange happens only in the cryptocurrency market, but in reality there are a lot of concerns out there that also have bots, so with the problem you're having I don't think it's something that can be said to be a scam exchange.

He make out conclusions might basing off into his own experience, maybe he had been scammed for how many times with shady exchange thats why he do make out claims
which isnt really that good to believe on.

We do have our own opinions but some noobs do really easily believe when they do saw someone do make out claims and will really had that wrong perception
in most exchange which is bad.

Better to elaborate on what exchangers had gone scam because not all platforms are on the same situation.Some scam but lots still legit.

Very accurate, bots are only there to keep the market active by simultaneously buying and selling small fraction of coins. Unless the market is having a low liquidity rate then it'll affect the market to an observation state. Assuming this bots aren't present then the market would been easily considered to be dead since no trades has been executed for some period of time. We just have to learn to either adjust our trading strategy or developed new ones to tackle the new development of the market (exchange features).

The exchanges are actually there as platform to help you in your quest to outsmart the market in making profits. The new listing feature can be leverage on in trading more volatile coins as they're likely to be more gains with them as high reward coins although they also have very high risk and should only be attempt by only traders with the experience and necessary skills.

Reasons why exchange are successfully in defrauding victims is as a result of humans never been satisfied. You already have a working exchange, why shift to a newly launched one without any reputation?

First of all, are you assured that you are engaged in a legitimate and trusted exchange, because if it is not, then the problem is upon you engaging into a scam exchange. The thing that can fix such problem is to switch into a trusted and legitimate exchange to save up your funds and avoid getting scammed because basically, legitimate exchanges will not scam you but those untrusted and illegal exchange will do. Also, you must not be dependent on bots to do all the tasks intended and related on trading for they have just a small effect which is literally a small one if you would compare to those traders who do not use trading bots. It is upon you to fix such problem and that is to engage into legitimate exchanges only.

And their was huge fee we need to withdrew our funds from that exchange.While participating in bounty,we get some tokens.But it can be exchanged with particular exchange.After converting that to bitcoin or USD or Eth.We need to pay huge fee to withdrew that bitcoin or USD.This may be the reason of this thread.The trader may affected like this one.

The title is so wrong, you cannot tag all exchanges as scammer. There are some that are legit and have passed the test of time. It depends on where you are trading and you cannot use one bad experience to judge others.

It's becoming the taboo for some traders.

Whenever they experience one bad experience to a good exchange, they'll judge it as a scammer and bad exchange for life.

Not looking at other good experiences and validation for the service that they have for that exchange.

Correct. I am also angry at present situation of exchanges. Now booting system of exchanges damages normal trading system of all exchanges. Normal traders can not understand when a token will go high or low. Before it we can easily trace from graph but at this time graph did not work accurately. i did not know what kind of advantages exchanges get form booting system but this is very problematic.

thanks.

May be some mistyping issue.

Binance would be the end deal, if one day binance goes out and says that it should be exit scamming with all that money they would basically be set for life to do whatever they want, bribe any politician they want and that is how they should be getting away with it, they can do it all if they want to. But aside from that, there is no big exchange that did exit scam that took away a lot of money.

There are talks about how some exchanges stole like 30-50 million dollars from people and that is less money than in places like binance or kucoin or whatever which is why I believe it is not that big of a deal, you should not deal with those small tiny exchanges to begin with anyway. So, we should not really be worried about the exchanges stealing money since it is just the small tiny ones that only gullible get affected by.

I think you just need to clarify what is your problem?.

What exchange do you use?
What transaction you made?

If you are trying to store your funds into an exchange this is not good because they have the right to close their platform. If you are having trouble to cash out it's better to contact them on their support some of the exchanges today have tokens before entertaining your problem.

If you are using yobit... Yobit!? Nah no just ignore this.

If you think the exchange you are using is a scam why not submit this on our scam accusations.

Give time to the developers to fix your problem.

I couldn't understand the generation of exchanges as scammers. Some exchanges have distinguished themselves so well that they are the choice for high percentage of traders. Like kucoin, binance, etc.

I am not scammed by any exchange rather than I am making some money as profit for making successful trade. Still I am a trader at Binance and Bittrex. Both exchanges are good enough and I am much more happy for their user friendly interface and smooth UI. Still I have almost $1k++ on Binance exchange and I am happy with their volume. You must have to be careful when you are going to deposit. There are many reasons behind that you claimed. I can't tell the exact reason. But I can say that I am happy with exchanges which I mostly used. I strongly believe that there are many exchanges in the world which give the customer's optimum service and priority.

So, you know all these things, and you’re still leaving your money on exchanges for trading?
If really what you’re saying is right and then you should have withdrawn your funds and look for something else to do with it. Putting your money on Exchanges is not a must, you can just keep the money in your wallet and when prices go up it will still go up, and you will have the total freedom to do them as you wish.

There are decentralized exchanges and they are not like CEX that has complete control over your funds to deny you some things. You should probably look into that and decide for yourself what’s right to do.

Many people are still falling victim of exchangers scammer which they know very well there are many scammers every where in the market exchange . It's good as a good trader to observe the exchange very well if it's real or not before proceeding not to get scam in the exchange. The price of the market is encouraging now which many customers are looking for a way to trade their coins in the exchange market to make a good profit.
I think you need to do more research to know there are still exchangers who are not scammer but a real exchanger in the market.

You don't have to use the exchange if you think they are just scam. There are hundreds to choose from.


I'm also seeing things differently to the charts and I can't decide where the market really will be going, until the spike today that trend becomes obvious. But its too late for me to ride a trade.  Very interesting times actually, this could really be the start of bullrun coming but I'm still holding my USDT yet until I can see a real dip.

Don’t say all exchangers please, just say that some of them are turning into scam and not all. If we are going to be sincere enough, most of the people that are claiming to be traders know nothing about trading , but because they want to make money real quick and they have heard stories that traders are making money 24/7, so they all now want to be traders and eventually fail, and try to blame it on exchanges by calling them scam.

If you’re going to say that all exchanges are scammers, then you’re also trying to say that Binance is a scam? Coinbase, Huobi, and even decentralized exchanges? If you can’t trade, just go look for something doing and stop wasting your time and money.

I agree with this. We only need to use one or two exchanges to trade, and I am sure that many of us know that exchanges. But if they still use the unknown exchange or the exchange doesn't have reputations, we can not force them to stay away from those exchanges. We can only suggest using the recommended exchange such as binance, kucoin, poloniex, bittrex, and else. It depends on them to select the exchanges.

Are you sure about being investor?lol the way i look at your post history you are just a post starter and nothing in serious matter specially investing.
and Your Trust history answers them all.
Exchanges  need nothing to explain to you or to anyone unless they are having these issues but for someone specially you?it is better for the exchange to put you in Ignore list.

Which exchange is scamming people you didn't mention, but keeps saying that exchanges are scamming people and so far I have not heard any news regarding that. Also something draws my attention as well and that is the mention of bots, since most small exchanges are using bots maybe you were trading on a new exchange which are using bots to manipulate their trades. Also, if withdrawals are delayed then it could still be the product of small or new exchanges trying to manipulate their users. All these are just my opinion because to the best of knowledge, no top exchange can delay withdrawal without giving an appropriate news regarding that neither can any top exchange try to steal from their users.
So I would advise you to be careful of that exchange and try as much as possible to withdraw your funds to personal wallets.

Most likely the OP is just mad that he lost money and he is just making baseless claims that he knows he cannot sustain in any way, in a way this is natural if you are mad that something happened the first thing you will want to do is to express your feelings to those that are close or in this case in a forum dedicated to bitcoin and the rest of cryptocurrencies, however this is not an excuse to make those bold claims, after all even if we know there are exchanges that do actually scam their clients we also know there are many reputable ones as well and anyone that wants to avoid the risk of being scammed should just stick with the most popular and trusted exchanges in the community.

Sometimes our mouth can really spill out some words which need to be justified first before making out conclusions.We are free to express out our feelings but it isnt really just
right that we do say that exchanges as of this moment is scamming out everyone.Yes, there are instances where issues and hacking incidents do happen but this doesnt
happen from time to time.We still have lots of legit exchangers at the moment, these platforms shouldnt really take the blame when you do lost your trade.lol
People will just find out too funny for someone to tell them scam when you lost, something which is similar to a gambling site where someone do claim it as a scam
because they had lost.This is no different.

Anyway, if you look at the trust of the OP and those topics that he is posting here, it seems he has bad blood in crypto or just pretending to be against with it maybe because of his failed crypto dealings.  We have our own judgment on this regard. So I don't see any reason to believe from other's sentiments without solid basis as point of reference. You can see scammers everywhere, but it is on you how you can avoid them.

Do you include here the current biggest exchanges and trading platforms? If yes, what are those, and what's the basis of your claims?

Since you use the word "our money", maybe you recently experience a big loss that's why you are whining here. Don't blame those trading bots or something but rather improve your strategy instead.

Trading is not as easy as you think.

The crypto market is risky and it can also bring you a lot of profits, you shouldn't blame the exchanges for your losses.
In fact a lot of big and reputable exchanges are still active every day, if all of them are scams then no one will use them.
You should transfer your investments to a large exchange like Binance and huobi, they won't fool you.

Yeah and a lot of people are not aware of the fact that the trading exchange is just a medium and people create buy and sell orders so it is not the exchange who is determining the price for any coin and they just earn commissions on each trade so they don't have to scam anyone in my opinion.

You rightly said one must trade at Binance and other giant exchanges but really the truth is that even trading there won't change your financial loss you had on previous exchange because it is not the exchange's fault if you are bad at trading instead it is time to realize that you need to learn about trading and better exchange will only secure that your profits are safe but the procedure remains the same for all exchanges.

Don't accuse all exchanges scams, because there are still many reputable exchanges. If we detect that there is bots trading activity
on the exchanges we are using and it is hurting us, please leave those exchanges. Because there are still many reliable exchanges,
which always maintain their reputation. Therefore always be careful about choosing exchanges, because good and trusted exchanges
always give the best for their users.

Using bots on exchanges has nothing to do with scamming and even you can create your own bot and use it easily to catch the best prices since bots can execute orders way faster than a real person and even if you are really fast in placing orders you still will be behind in comparison, it's not against the rules at all to use bots and automated trading tools to trade and place orders and traders usually use them specially when they are sleep or have no access to the exchange/internet or busy somewhere else, that being said if you are not a very short-term or day trader and you buy a coin and sell for example a week/month later or sth you don't need them that much anyway and they are mostly used for scalp trading, short-term trading and leveraged trading.

You seems everything in the cryptospace is a get rich scheme, I'm just curious you mentioned that all exchange is a scamming, I doubt and disagree with you OP for your statement, you might have failed to research more on good exchange that's why you keep complaining about that. Binance is a good exchange that have good security systems, that stored coin in a custodial wallet, but never keep your coin in exchange for a long time because its dangerous, its just a matter of trading coin for a right exchange and store for noncustodial wallets.

you have a problem on the exchange that you use  . please  dont blame the other exchange because the rest of the exchanges are doing thier best  .

what is the name of the exchange again? slow cash out can be cause by small withdrawal fee but if the fee is high there are traders that will complain  , what are you guys really want but having a poor  support is unique disadvantage  . thats a total turn off if im the costumer and if im the curstomer ill find a better exchange with a good quality support

but for the bots , thats not the exchange fault afaik but greedy traders can program that .

That indeed seems like the case and people who are new into trading will face a loss and then get mad and spam everywhere that crypto trading is scam and here in his case he is calling the exchanges as scam, by the way it is exchanges not exchangers because exchanger is the word used usually for people who exchange between paypal to BTC or such stuffs.

Only if this one thing people realized and stopped trading would save saved a lot of money for them. Everyone jumps into trading expecting to earn a lot but let us not forget whether it is stocks market or crypto trading it is not easy at all and even guys doing it for years face loss at times.

If we focus on the bad side of crypto we will always see the bad side of crypto, I am not saying it is not there, it is definitely there and it happens and there is a huge bad side of crypto that I can't ignore, all the scamming, fake tokens, scam companies (like exchanges) or projects, bad teams and all around a lot of bad stuff we could find if we look for it and focus on it.

However there is a much bigger good side of bitcoin as well, people should also focus on that, we are talking about hundreds of billions of dollars worth of market that we created from zero in 10 years, that is not really something anyone could achieve, even amazon and Microsoft and other places took decades to reach the levels where we are right now, so we should be very proud of what our market is doing right now.

What are those rest of the exchanges that are doing their best?, I actually believe most of the exchanges by the exception of a very few are at the very least shady if not a total scam, some of them create fake IEOs and with that attract investors into their platform, and some other ones freeze your funds for made up reasons and ask for KYC all of a sudden while it wasn't any mention of this in their TOS, also almost all of them have fake liquidity and trading volume which creates a large spread and these are only some of the problems with big majority of exchanges.

If you have been scammed by a single exchange, that doesn't mean that all exchanges are scam and fake. I think you had a bad experience in trading yet that doesn't mean that you have to generalize all exchanges as a scam because there are still lots of trusted and legit exchanges these days. It's really important for us to do research or find good reviews of the exchanges first before choosing the best one so we'll never regret things when we do the actual trading.

A normal reaction or behavior of some people where they do give out the blame to all when they just get scammed or do have bad experience with a single platform which
he do talk about or making it generalized that all of them are scammers.Well, its his own view but it isnt really right to have that kind of perception yet there are indeed
lots of a legit platforms at the moment on where you can make use of them.Just op had make use of those platforms which are shady ones, thats why research on everything
is really needed specially if you are dealing with some value or making out some investments.

I mean, why you did not leave after knowing that those exchanges are using bots? If you ever find trading bots on that exchanges that leads you to get nothing, then just leave it immediately. It's not worth it to compete with bot, you just lose your money anyways. If more people go to that exchanges and give it more exposure, it won't die later.

Bot running more than faster when first time new coin listing on the market, I have try with many exchange when listing new coin and we can't buy or sell coin depend with price order, always have bot how to make our order broken and take left under bot order position. I think is not worry because we can wait awhile for our order filling and take profit depend how lucky with coin price. Without bot look empty with coin price and not change anymore, always keep the same and not move to higher or lower price without bot and take profit on future trading impossible if bot not working anymore. Almost exchange use bit but depend with some exchange use crazy bot with large transaction between sell and buy order.

I don't think any exchange scammed him. He probably lost money trading using high leverage and blames it on the bots. Yes there are bots on all exchanges and even the stock market has bots. Most of these bots are for arbitrage to keep liquidity healthy between exchanges. They ensure that  each exchange has the same price whenever someone executes a huge order.

There are also some algo bots which trade based on certain parameters. Honestly I tried these in the past and they never worked at all. However this has nothing to do with the exchanges. They just profit off the trading fees and don't care if price goes up or down.

If you are losing your trades then it does not mean that exchanges are scamming. New exchanges with low volume can scam but the old ones like binance will never scam you.
I think you are trading on non-popular exchanges and therefore facing issues in withdrawals and non-responsive support.

How do you say that all exchanges are scam right now? Do you think that binance, bittrex and other top exchanges will lose their trust to the people if they turned into scam exchange? Of course, not! All of their effort and sacrifices to gain popularity will be gone, if they do it. Cryptocurrency exchange becomes scam when there are hackers that intercepted to their exchange or there is a inside job made by the member or the team of exchange. But not all exchange is a scam.

He can also use other popular exchange for example binance why choose unknown or low volume exchange to trade your money.

You need to understand that many of the exchange we have today is only created just to earn money for fees in if they know they don't earn enough anymore they will turn to be scam or if they have many users thats have a large funds stored there.

Well, perhaps that is common cases here that the scam was mostly on the centralized exchange. But I will not generalize them all, -- there are top exchanges that have a good reputation in the trader's community. Perhaps we consider that some of them have weak security level features but if they will survive from hacking incidents and cover the lost fund, they can still operate their business back. However, I advise traders not to leave their money on the exchange if they don't active traders, pull out when you have done in trading.

You can't blame all the exchange sites because not all of them are scamming there will be risks in working with crypto. Exchange sites need to be thoroughly verified and then exchanged exchange on a new site will be a scam because they have no credibility. You can choose finance there will be no fear of scams and many reliable sites. I use each one and exchange it very securely and the transaction is very fast.

I honestly disagree that all exchanges are scams. Never say all. However, I also don’t believe that most of them are scam. However, there are exchanges that are considered “grey area” for me like my stressful experience with BitForex (https://bitcointalk.org/index.php?topic=5281576.msg55364796#msg55364796) because of deposit not confirmed for more than 48 hours.

But not all of these exchangers are perfect, in terms of safety and security measures like what happened on KuCoin and the controversial suspension of OKEx withdrawals. Binance isn’t even exempted from getting victimized by hackers last year. It’s just that if we don’t want our assets to be compromised, we should keep them in our cold wallets after trading (but transfer fees may occur every time you deposit and withdraw).

You know I always think the problem with people/traders/speculators coming in and out of all these waves of hype is that they just never learn their lessons. They make money at first, and then get more greedy and double and triple down whatever.

Then when shit happens they blame everything but themselves. Good for us I guess though.

Bots are not making money rather,they just executing the trade orders and how can you say that it is scam?.

If you are worried about the bots are ahead of your actions then what stopping you from subscribing a bit for yourself. Dear expert! :P

I was more fortunate than the OP, I have never personally encountered such exchanges. And this is because I only work with trusted exchanges like Binance. If an OP risks its balance by registering on questionable exchanges, it's no surprise that it loses money.

OP seems like out of mind and nothing more I could find out of this topic.
Because, we cannot blame all the exchanges/exchangers at one time altogether. There could be some problem with one or two exchanges but that doesn't mean all the exchanges in this crypto space are  scamming its customers.

We can simply ignore what OP is trying to emphasis here because he's not mentioning about what kind of problem he is facing and not mentioning any specific exchange name as well. Because, one single trader cannot be trading in all the exchanges of this crypto space which means OP is just writing something, probably to count their posts :P.

OP, if you're losing money on exchangers with bots, then don't trade. Almost all exchangers now have bots in trading, so stop if you're not earning or lessen the amount you use to learn or adapt to the new way of trading with bots. Instead of calling exchangers scammers, try other strategies on trading. If all exchangers are scammer, why there are many people still using them?
And how many hours, days, or weeks your cash out delayed?

He just need to understand deeper that exchanges are just facilitators of trading activities by traders, they are not scamming traders, if they are then they should not be operating anymore, that's a wrong belief, if we lose money we move on and keep learning and if we got scam from a specific exchange, we look for other exchanges, surely not everyone of them are scammers, the market would not grow if most exchanges are scamming people.

How come you are losing money because of the bots ?
If you had prepared your strategy well then you should know what you should be doing. Bots are just small programs that are controlled by other traders.
You can't blame an exchange for it unless the exchange itself is running away with your money.
If that's the case then you just deposited your money in a wrong exchange.
Not every exchange scams their users. Some care for their users and are well reputed in the community.

Bots in exchanges doesn't mean scam, traders use bot, get yourself a reputable exchange like CoinEx and worry less. My advice, avoid storing funds in exchanges. Exchanges are for trading.

Those are the same vibes I am getting from the OP, he seems mad and the only reason to be mad about this market is if you are part of the elite bankers and politicians around the world that are fearing they will lose their power or you lost money while investing in cryptocurrencies and I doubt any of those elite guys will come here to vent their frustrations to us so most likely he lost money and now he is mad, which is understandable but that is not a reason to accuse exchanges without any evidence.

So talking about manipulation? No matter which market you do tend to engage then this thing will be always part.Price can shoot up or dump neither on a manipulative
or in normal case.

Its not really that right to give out blame to all that they are scamming when you had lost money.Take a look back again on where did you commit such mistake
and accusing overall on platforms isn't really just right.

Yeah, we do understand the frustration but its always been part when we do invest into this market.Just make sure that you do stick out to the best platforms out there.

good choice and very appropriate. Never use an unclear exchange as it could be scammed and assets lost, ultimately claiming that all exchanges are scammers. Binance is already the best exchange for now. I've even been trading on Binance from the very start Binance was launched and I have been
Binance p2p Official Partner.

Trading bots are just programs designed to help traders but it may not work perfectly.  being a trader is not easy, you can't just careless to choose the exchange and the trading bot you want to use, just a little mistake will make you lose.  if the trader has no problem with the withdrawal fee then it is good not to keep the coins on the exchange after finishing the trading..

Probably What he's trying to say is that he can not buy at those perfect prices because bots buy those prices up quickly before he can act and put a bid, I'm assuming OP is a day trader or scalp trader otherwise as more of a long-term trader buying a bit higher would not matter at all at the end and when you are getting 10-20% in profit on a trade why should that 0.2% matter?, but then again if you are scalp trading then using bots is a must for you simply because as you said all other traders are using bots so you should use them as well if you want to be able to compete and unfortunately there is no other way to execute orders faster and catch those better prices fast.

Interesting, but then why complain about it? If you know what it is causing you to lose money and the only thing you need to do to change that is to make use of the same tools then you must do it, this resistance to change has never helped anyone, we need to be willing to adapt and change, maybe if he does not want to make use of bots then he could change and instead of being a day trader he could trade longer time frames in which the time of execution of your trades is not as critical for your success.