What's the biggest taboo about exchanges no one ever talks about?

[Cryptocnnon485]

Maybe newbies need to learn as well about IEO listings from crypto exchanges because even the not-so shady ones are also doing it. The first time I saw IEOs it was given a good expression from the members of the community as you will find it reliable that the exchanges will be offering the cryptocurrency to you this comes with the background checks that the ICO is legit and gives confidence to the prospective buyers that they will gain from it because they are directly buying from an exchange. It was good at first but now you'll see some exchanges take advantage of it that even shitty ICOs are now being listed in IEOs. I see that this exchanges also have a big position in these IEOs that is why they are participating in pump and dumps as well, it's either that or they have a big portion of the IEO's sale.

Thanks for sharing, I have looked more about this before and had some experience or inside information on how they are listing new tokens, Pretty much exchanges are charging money for the listings not most of them but the biggest ones are doing it for sure! I have a sneaky suspicion that the shittier ICO's might pay for the listing in some portion with their tokens so the second they list it the exchange is dumping everything they got paid whith. Not to mention the standard ICO investor who just bought at the offering and looking for the first opportunity to dump it and make a profit. It is sad to see this, even if the project itself is solid but chooses to get more exposure by IEO it just gets dumped on and future plans might be drastically affected by this move.

[Cryptocnnon485]

Here's another taboo, the unlawfully authorization of customer's private information to 3rd parties and illegal selling of those private information like KYC (name, home address, picture, IP address etc) on the darkweb. Exchanges engage in this act and there isn't much we can do about it.  Also, excessive withdrawal fee. Hitbtc exchanges is a very popular example as the exchange is guilty of excessive withdraw fees, I won't advise any one to use them.

Wow! the illegal KYC selling to the dark web is something I am hearing for the first time! Do you have any news articles or proof of this, it would be great to know more about it! :O

[smyslov]

I have been reading more and more about them and the things that happen in the shadows, if you what anything to share please do for me and others to read in one place

It's always been price manipulation and using bot trade to do wash trade, and pump, and dump they are doing this to have a good standing in the market and of course for investors to believe them that many traders are using their platform.
Big and small exchanges are doing this, to stay in the competition or move ahead of the competition.

[vlasrodz]

I'd say crypto exchanges low-key manipulate token prices. Many people do not talk about that, but we all know that is not far from the truth. I don't know if that would count as a taboo by the way.

Do you really think someone will tell you this? Oh cmon