Bitcoin Forum

LATOKEN and CoinW are two exchanges that I have had bad experiences using.  

I do not want to get into details, as I do not want the exchange owners or workers to identify me.

I recommend that anyone reading this stay away from these exchanges.

If things change in my experience with these exchanges, I will notify you on this thread.

I have had a lot of experiences on various exchanges so I know how to judge exchanges.

Thanks for your time reading this.

Please, if you have had bad experiences using these exchanges make your post below.

So what's the point of creating this thread if there are no details provided, you can do it subtly by giving details without dwelling on the full detail.

I don't think your experience is unique for you not to give us something that will back up your post, if you are asking members to post their experiences you should first give even a small details since you are the one who creates this thread.

If you don't want to share the details then don't post at all. It's not a must.

I could also say "Please don't use Kucoin or Phemex because I have a bad experience with them, but I can't tell you the details" See? Would you really believe me? Nope. Not a chance.
I could just be attempting to malice or FUD the two exchanges for all we know. An accusation works well with evidence.

If they are a bad platform, it is difficult for them to get to know you because you will not be the only one, and if they are good, even the best services do not get a 100% rating.

you can add some details that may not be directly related to your identity. They may have a problem with the support team, represented by a late response, the lack of a specialized team, problems with withdrawal, high fees, and other problems.

In general, I did not find anything related to CoinW, but many people talked about avoiding LATOKEN:

 - LATOKEN altcoin virtual currency trading is a user scam (https://bitcointalk.org/index.php?topic=5065050.0)
 - Avoid using LATOKEN and Cointiger to buy any altcoins. (https://bitcointalk.org/index.php?topic=5335473.0)
 - LA TOKEN IS A SCAM EXCHANGE BEWARE OF THEM (https://bitcointalk.org/index.php?topic=5150856.0)
 - Is LAToken Exchange an exchange for listing Scam tokens ? (https://bitcointalk.org/index.php?topic=5084168.0)

I don't use any of them but heard a lot from latoken. You surely will be tracked if you give some not direct details about you and your experience there? Do you still have funds left there and that's why you don't want to go in details? There's no point if you don't have funds there to tell your actual experience and you'll just leave them forever. But if that's the whole point of this thread and just giving your hint not to use them, just like I have said that I've read a lot from latoken users negatively.

OK, I understand that you don't want to publicly state your problem because you don't want to deepen the further conflict with this exchange. But can you explain why you are advising everyone else here to stay away from these exchanges while at the same time, you are still protecting your relationship with them and are still their user?
Shouldn't you, if you have a bad experience with a service, end any business with them and move on?

This 2 exchange are unknown and not even on the top reputable exchanges. I remember Latoken has a lot of scam accusation including faking their volume on newly listed token just to attract customers to list more tokens and buyers to trade with this fake volume tokens.

I knew that the reason for using this kind of exchange is to take advantage for buying early on shit tokens before they listed on huge exchange but trust me it’s not worth it since this kind of exchange usually have a very thin liquidity for you to exit properly in profit. It’s much better to use DEX and pay for fees instead for this exchange that has the possibility to freeze your asset without any explanation.

Does this mean your bad experience means nothing, and isn't enough to stop you from using either exchange?

Actually you can use some censorship of sensitive parts if you want to keep it private. However, there are many users out there who don't hesitate to make a fuss on social media if they have a bad experience, unless (sorry) is your actual experience that you are abusing the service and you are worried about being identified?

I used LATOKEN and had bad experiences with it but I have never used CoinW before so I know nothing about it.

I registered with LATOKEN many years ago and traded there for some time but in reality the service was very bad, very poor liquidity for most coins and a lot of coins were scam or dead, in the end they banned me because of the country but as luck would have it I didn't have much there.

It is likely that most of the users who used LATOKEN because of the airdrops they received were listed on the exchange. At the moment I don't use it anymore so I don't know if it's still bad.

What you said in the last half of your last sentence is not true.  The bottom line is that I can not get my crypto out of CoinW, even though I have followed all of their rules. They are evasive in answering me, so like another person I recently found out was scammed by CoinW, I am walking away from losing anymore time on this, and I will just have to consider it a learning experience in discovering which exchanges are good and which are bad.  Sometimes we have to lose in order to learn and warn others.


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