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Author Topic: Exchanges to avoid  (Read 330 times)
coingrow
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March 20, 2018, 08:43:05 PM
 #21

Why is IDEX in the list? Its far better than that etherdelta shit that was out there before. Infact I think one should be buying their member tokens as decentralized exchanges would be big in 2018 imo!

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March 20, 2018, 08:55:00 PM
 #22

Add Bitgrail to that list, they are doing some shady business over there it seems.

Sorry to bother, but can someone explain in other words “You can't withdrawal your tokens without having $50 worth of Eth.”

Transaction fee to withdraw is 50$ ?
No, I believe it means you need $50 of Ethereum before you can take out any Ethereum.

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March 20, 2018, 09:38:48 PM
 #23

First making a list of exchanges to avoid based on just couple of user experience is not the right way to do it . I will say my experience with exchanges post by users .



Quote
1. Hitbtc, truely a shit-exchange where withdrawals can take weeks or even months. They also have no support team you can contact and charge deposit fees.
Hitbtc had bad experience for couple  of months specially with ETH deposit/withdraw but I heard they are working without any problems right now
Quote
2. Cryptopia, deposits will take hours to appear into your account and withdrawals can take hours, weeks or months.
I agree with this .
Quote
3. IDEX, not sure if this falls in the exchange category but this thing is fking slow. You can't withdrawal your tokens without having $50 worth of Eth.

They do have no minimum to deposit but a minimum to withdraw . So I kinda I agree with this

Quote
4. Etherdelta! You should avoid it because its really complex to use and you can easily make a mistake.
You can avoid an exchange because it is complex but you can not put it on shitty exchange for that reason !! . But ya they are shiity and have broken UI that will make you lose a lot of fee . I use Etherdeltafork better .

Quote
5. Exmo! Withdrawal of money hanging confirmations to the mail simply doesn't reach, support said most likely spam filter, suggested to change the registration mail and at the same time it requires more than a bank when registering a mortgage, the verification was two times on exmo.com and exmo.me
Never used so have no idea.
Quote
6. C-cex, You can put C-cex exchange on your shit list. I used it before. These guys are on new year vacation of 40 days. until those 40 days, they suspended all withdraw. How can an exchange go for a vacation of 40 days They have listed mainly scam coins such as MCAP so guys stay away!!!
Never used so have no idea.
Quote
7. Poloniex, I'm avoiding poloniex because I stuck on this exchange for few months with all my depo while crypto was growing) Support just take silence pause and that  was very sad for me)
You did not say why your crypto got stuck there !! did not know of anyone with same problem .

Quote
8. Bittrex, i would also like to add Bittrex to the list of exchanges that you should avoid. because they scammed a lot of their users simply by changing their rules over night. that proves they can do anything they want without giving a shit and do it if it has lots of money for them.
I mostly verify my ID on any exchange that I plan to leave some money on so I never had any problem with them . And even my friends that needed to verify there ID to be able to withdraw got there ID verified in couple of days . Until now for me no bad experience hope it will remain like this .

Quote
9. Yobit, This is another exchange, which must be avoided. Support doesn't answer a few months. Your money can disappear without the reasons and explanations of the administration. The moderator sometimes appears in the chat, but doesn't respond to your messages... .
100% agree with this


-------------

Couple of days ago BTC was moving up and suddenly Kucoin exchange stooped to load for a lot of users I lost some money because of it but I do not think this is enough to put an exchange in a list to avoid because it is a first time to have a problem with KU .

-----

I do agree out of this list only Yobit shady business and old Etherdelta for broken site both those should be avoided at all costs
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March 20, 2018, 10:02:45 PM
 #24

Maybe it's a good idea to create a list of shit-exchanges we should avoid. Boycott them to death.

1. Hitbtc, truely a shit-exchange where withdrawals can take weeks or even months. They also have no support team you can contact and charge deposit fees.
2. Cryptopia, deposits will take hours to appear into your account and withdrawals can take hours, weeks or months.
3. IDEX, not sure if this falls in the exchange category but this thing is fking slow. You can't withdrawal your tokens without having $50 worth of Eth.


You continue...

4. Etherdelta! You should avoid it because its really complex to use and you can easily make a mistake.
5. Exmo! Withdrawal of money hanging confirmations to the mail simply doesn't reach, support said most likely spam filter, suggested to change the registration mail and at the same time it requires more than a bank when registering a mortgage, the verification was two times on exmo.com and exmo.me
6. C-cex, You can put C-cex exchange on your shit list. I used it before. These guys are on new year vacation of 40 days. until those 40 days, they suspended all withdraw. How can an exchange go for a vacation of 40 days They have listed mainly scam coins such as MCAP so guys stay away!!!
7. Poloniex, I'm avoiding poloniex because I stuck on this exchange for few months with all my depo while crypto was growing) Support just take silence pause and that  was very sad for me)
8. Bittrex, i would also like to add Bittrex to the list of exchanges that you should avoid. because they scammed a lot of their users simply by changing their rules over night. that proves they can do anything they want without giving a shit and do it if it has lots of money for them.
9. Yobit, This is another exchange, which must be avoided. Support doesn't answer a few months. Your money can disappear without the reasons and explanations of the administration. The moderator sometimes appears in the chat, but doesn't respond to your messages...


Very in depth and comprehensive list thanks for that. I agree with you yobit  especially. Polo has crap team that takes ages to respons. Coinexchange is full of pump and dumps. You should keep your eye on Darico.io this will be a new exchange that will be far superior to the rest.

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March 20, 2018, 11:14:04 PM
 #25

Both IDEX and Etherdelta are decentralized trading platform so they are comparatively secure and resistant to hacks.
Bittrex and binance are my choice right now.
Poloniex is now under new management (circle) so it might regain its charm back.

I will avoid using bitfinex because they have been hacked before and known for shady financial transactions along with their Tether token.

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March 20, 2018, 11:19:08 PM
 #26

Etherdelta! You should avoid it because its really complex to use and you can easily make a mistake.

I agree with you. Etherdelta is not user friendly and complex exchange. But we do not have alternatives of Etherdelta. IDEX is not even good and not so many coins are listed there. We need etherdelta to sell our coins from airdrops and bounty campains.

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March 20, 2018, 11:19:27 PM
 #27

Maybe it's a good idea to create a list of shit-exchanges we should avoid. Boycott them to death.

1. Hitbtc, truely a shit-exchange where withdrawals can take weeks or even months. They also have no support team you can contact and charge deposit fees.
2. Cryptopia, deposits will take hours to appear into your account and withdrawals can take hours, weeks or months.
3. IDEX, not sure if this falls in the exchange category but this thing is fking slow. You can't withdrawal your tokens without having $50 worth of Eth.


You continue...

4. Etherdelta! You should avoid it because its really complex to use and you can easily make a mistake.
5. Exmo! Withdrawal of money hanging confirmations to the mail simply doesn't reach, support said most likely spam filter, suggested to change the registration mail and at the same time it requires more than a bank when registering a mortgage, the verification was two times on exmo.com and exmo.me
6. C-cex, You can put C-cex exchange on your shit list. I used it before. These guys are on new year vacation of 40 days. until those 40 days, they suspended all withdraw. How can an exchange go for a vacation of 40 days They have listed mainly scam coins such as MCAP so guys stay away!!!
7. Poloniex, I'm avoiding poloniex because I stuck on this exchange for few months with all my depo while crypto was growing) Support just take silence pause and that  was very sad for me)
8. Bittrex, i would also like to add Bittrex to the list of exchanges that you should avoid. because they scammed a lot of their users simply by changing their rules over night. that proves they can do anything they want without giving a shit and do it if it has lots of money for them.
9. Yobit, This is another exchange, which must be avoided. Support doesn't answer a few months. Your money can disappear without the reasons and explanations of the administration. The moderator sometimes appears in the chat, but doesn't respond to your messages...

GREAT! that you have posted this list will defiantly avoid these
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March 22, 2018, 06:37:19 AM
 #28

The problem of crypto-exchanges is that they do not cope with the enormous flow of customers. Interest in cryptocurrency has grown tens of times over the past year, and stock exchanges do not have enough staff to handle all orders. It is me who have never encountered problems from poloniex, bittrex, exmo. So, if you have any difficulties, just try duplicating your request to the support team.
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March 22, 2018, 06:44:05 AM
 #29

The idea is good, but it will attract many false reviews that will say that these are excellent exchanges, and the list was written by competitors
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March 22, 2018, 06:53:39 AM
 #30

The exchange on the list I would advice people to stay off is idex in particular. The site is usually slow and some times, their nodes are always backwards and when you make deposit on this decentralized exchange, it takes a long time before the tokens are credited.

Another one is etherdelta but clearly, for sometime now, etherdelta is quite better than idex for now. But avoid these two exchanges.
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March 22, 2018, 07:32:08 PM
 #31

Maybe it's a good idea to create a list of shit-exchanges we should avoid. Boycott them to death.

1. Hitbtc, truely a shit-exchange where withdrawals can take weeks or even months. They also have no support team you can contact and charge deposit fees.
2. Cryptopia, deposits will take hours to appear into your account and withdrawals can take hours, weeks or months.
3. IDEX, not sure if this falls in the exchange category but this thing is fking slow. You can't withdrawal your tokens without having $50 worth of Eth.


You continue...

4. Etherdelta! You should avoid it because its really complex to use and you can easily make a mistake.
5. Exmo! Withdrawal of money hanging confirmations to the mail simply doesn't reach, support said most likely spam filter, suggested to change the registration mail and at the same time it requires more than a bank when registering a mortgage, the verification was two times on exmo.com and exmo.me
6. C-cex, You can put C-cex exchange on your shit list. I used it before. These guys are on new year vacation of 40 days. until those 40 days, they suspended all withdraw. How can an exchange go for a vacation of 40 days They have listed mainly scam coins such as MCAP so guys stay away!!!
7. Poloniex, I'm avoiding poloniex because I stuck on this exchange for few months with all my depo while crypto was growing) Support just take silence pause and that  was very sad for me)
8. Bittrex, i would also like to add Bittrex to the list of exchanges that you should avoid. because they scammed a lot of their users simply by changing their rules over night. that proves they can do anything they want without giving a shit and do it if it has lots of money for them.
9. Yobit, This is another exchange, which must be avoided. Support doesn't answer a few months. Your money can disappear without the reasons and explanations of the administration. The moderator sometimes appears in the chat, but doesn't respond to your messages...
10. Bitgrail, Add Bitgrail to that list, they are doing some shady business over there it seems.


Which exchanges are left to use?

1. Binance
2. Kucoin
3. Coinexchange
4. Cobinhood
5. Stocks.exchange

I believe that such topics are unacceptable. You may have wanted to do a useful thing, but unfairly slandered a lot of good and honest exchanges. This can mislead people who are just beginning their acquaintance with the cryptocurrency and are looking for ways to buy them. I used almost all stock exchanges, buy, sell, withdrawal of funds from them and had no problems. Sometimes the coins were waiting for a confirmation on the network, but this is not a problem exchange. Advise you to point fingers, that this is only your experience and your opinion.

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March 22, 2018, 07:35:13 PM
 #32

Those exchanges left you indicate are especially new ones, they are more risky exchanges for me. I avoid using yobit, cryptopia, bittrex, etherdelta. Poloniex is good exchange but their support might not be  Smiley

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March 22, 2018, 07:46:49 PM
 #33

Idex to me i feel is still good and perhaps should not be categorized as being among the shitty exchanges. They have been trying to control so many flaws. Perhaps many may not like it for two main reasons that i feel are not too good, although they may have there own reason for the first i want to mention.
- You cannot trade anything below $150, except you will buy more
- It is not a busy exchange for some coins listed there, yet some coins trade fast on Idex.
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March 22, 2018, 07:53:46 PM
 #34

Maybe it's a good idea to create a list of shit-exchanges we should avoid. Boycott them to death.

1. Hitbtc, truely a shit-exchange where withdrawals can take weeks or even months. They also have no support team you can contact and charge deposit fees.
2. Cryptopia, deposits will take hours to appear into your account and withdrawals can take hours, weeks or months.
3. IDEX, not sure if this falls in the exchange category but this thing is fking slow. You can't withdrawal your tokens without having $50 worth of Eth.


You continue...

4. Etherdelta! You should avoid it because its really complex to use and you can easily make a mistake.
5. Exmo! Withdrawal of money hanging confirmations to the mail simply doesn't reach, support said most likely spam filter, suggested to change the registration mail and at the same time it requires more than a bank when registering a mortgage, the verification was two times on exmo.com and exmo.me
6. C-cex, You can put C-cex exchange on your shit list. I used it before. These guys are on new year vacation of 40 days. until those 40 days, they suspended all withdraw. How can an exchange go for a vacation of 40 days They have listed mainly scam coins such as MCAP so guys stay away!!!
7. Poloniex, I'm avoiding poloniex because I stuck on this exchange for few months with all my depo while crypto was growing) Support just take silence pause and that  was very sad for me)
8. Bittrex, i would also like to add Bittrex to the list of exchanges that you should avoid. because they scammed a lot of their users simply by changing their rules over night. that proves they can do anything they want without giving a shit and do it if it has lots of money for them.
9. Yobit, This is another exchange, which must be avoided. Support doesn't answer a few months. Your money can disappear without the reasons and explanations of the administration. The moderator sometimes appears in the chat, but doesn't respond to your messages...
10. Bitgrail, Add Bitgrail to that list, they are doing some shady business over there it seems.


Which exchanges are left to use?

1. Binance
2. Kucoin
3. Coinexchange
4. Cobinhood
5. Stocks.exchange


You only shared your experience, everyone have his/her own experience in different exchanges. Like Yobit has been going well with me for about 8 months now.
C-cex works well for me
Cryptopia is nice to me.

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March 22, 2018, 07:54:30 PM
 #35

Maybe it's a good idea to create a list of shit-exchanges we should avoid. Boycott them to death.

1. Hitbtc, truely a shit-exchange where withdrawals can take weeks or even months. They also have no support team you can contact and charge deposit fees.
2. Cryptopia, deposits will take hours to appear into your account and withdrawals can take hours, weeks or months.
3. IDEX, not sure if this falls in the exchange category but this thing is fking slow. You can't withdrawal your tokens without having $50 worth of Eth.


You continue...

4. Etherdelta! You should avoid it because its really complex to use and you can easily make a mistake.
5. Exmo! Withdrawal of money hanging confirmations to the mail simply doesn't reach, support said most likely spam filter, suggested to change the registration mail and at the same time it requires more than a bank when registering a mortgage, the verification was two times on exmo.com and exmo.me
6. C-cex, You can put C-cex exchange on your shit list. I used it before. These guys are on new year vacation of 40 days. until those 40 days, they suspended all withdraw. How can an exchange go for a vacation of 40 days They have listed mainly scam coins such as MCAP so guys stay away!!!
7. Poloniex, I'm avoiding poloniex because I stuck on this exchange for few months with all my depo while crypto was growing) Support just take silence pause and that  was very sad for me)
8. Bittrex, i would also like to add Bittrex to the list of exchanges that you should avoid. because they scammed a lot of their users simply by changing their rules over night. that proves they can do anything they want without giving a shit and do it if it has lots of money for them.
9. Yobit, This is another exchange, which must be avoided. Support doesn't answer a few months. Your money can disappear without the reasons and explanations of the administration. The moderator sometimes appears in the chat, but doesn't respond to your messages...
10. Bitgrail, Add Bitgrail to that list, they are doing some shady business over there it seems.


Which exchanges are left to use?

1. Binance
2. Kucoin
3. Coinexchange
4. Cobinhood
5. Stocks.exchange

The exchanges you listed not to use are the probably the best reputed exchange so it may not help other you just listed on your own experience but Polonix and bitterex are also the best exchanges so I disagree with them you added them into not use exchanges list.
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March 22, 2018, 07:56:42 PM
 #36

I have had a lot of issues with Cryptopia at least. First of all it always takes very long to withdraw from there, usually over 24 hours. That is a major pain. I also keep getting these warning emails about people trying to log onto my account there, so I assume they have a poor protection against brute force attacks as well. Avoid if you can.
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March 22, 2018, 07:57:38 PM
 #37

Ridicolous to say that Bittrex and Poloniex should be avoided, because the support was not able to answer the flood of messages coming in since the starting of the hype last summer. If I should tell you which Exchange to avoid because of long waiting times for support answers in November and December then I would tell you: every exchange, except those so small, that even in a hype phase there are less than 1k users.
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March 22, 2018, 08:04:06 PM
Last edit: April 21, 2021, 08:25:39 PM by Quantumplation
 #38

NOTE: This message was originally not posted by me, but instead by someone who compromised my account.  I have deleted the content.

NOTE: This account was compromised from 2017 to 2021.  I'm in the process of deleting posts not made by me.
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March 22, 2018, 08:11:17 PM
 #39

Crytopia is shit
Your coins would disappear without no explanation and it gone for good
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March 22, 2018, 08:25:51 PM
 #40

Crytopia is the worst exchange of all. All my coins got missing after I unsuccessfully ether that didn't get to my wallet. No reply from support. The exchange should be destroyed totally from the crptocurrency world.check them Facebook you will see how many people crying of coins getting missing and unable to withdraw or deposit succefully
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