Is it really a scam exchange?

[jrrsparkles]

I have never had a problem with Hotbit so far, if this is true of course I will stay away and stop using this exchange.
security must be a priority, I think it must choose a trusted exchange.

you are not a trader so your experience is lacking in reviewing an exchange.
security is a good reason, but how do you review it while you never use this exchange.

Just a random shit post don't mind it.

I don't even heard that exchange but wonders why people need to use that exchange where there are lot of reputed exchanges available for us to use,is there any particular coins was listed on that exchange only?

[dakiller]

I hope you can bring more evidence so that we can better understand it. As far as I know, all the floors are used to do it (fake volumes), I hope I am wrong.

[jrrsparkles]

I hope you can bring more evidence so that we can better understand it. As far as I know, all the floors are used to do it (fake volumes), I hope I am wrong.

SOme of the exchanges are doing it and one some exchanges it were created internally by doing fake trades.So we don't need exchange to understnad these things and you only have the option of using that exchange then research deep and find it is legit or not.Or else just choose the better one.

[wavug]

I had some experience using Hotbit exchange. I'm not sure if they were bots or not, but every time i put a buy or sell orders someone within a few seconds were placing a little bit higher/lowers bids.

[gunhell16]

Bitdepositary CEO Tobias has alleged that hotbit exchange is a scam , he said it has fake volume and the bot keep dumping every coins listed on it's platform.. Bitdepositary Q-ratio ICO is founded to fight scam, a letter has been written by them to delist hotbit on coinmarketcap.
What is your experience about hotbit?  Is it really a scam exchange?

I don't use exchange that is not popular and has no high volume too in the market. Its too risky to trade in that kind of platform. And if hotbit is delist at coinmarketcap it means hotbit didn't meet the quota which they need to hit weekly. So it is still good and safe to trade in the exchange platform that are always belong on top 30 exchange at the coinmarketcap.

[Ave_Maximus]

it's better to use well-known exchange services (like changenow) instead of such scam exchanges