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Author Topic: Cryptocurrency Exhanges - South Korea  (Read 531 times)
jhongzjhong
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March 10, 2019, 03:50:38 AM
 #61

It feels to me disappointed of their exchanges, mostly all of them are written into their languages which is we can understand. I've visited some if their exchanges and tried to registered with one of them and so I can sell my tokens but somehow it turns me off since I can't proceed cause I really don't understand the words appears even we choose English language.  
I'll doubt if they could attract more investors. Hope they'll improve it.
I had registered Korean exchange before but there's an option there to set into the English language just like coinrail.co exchange they are from Korea base. I don't understand why there are some exchanges did not have on that kind of option language, they even know English is a universal language that used a might get their clients friendly. Still, the Korean government did not against crypto and that is the good thing there.

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March 10, 2019, 06:37:37 AM
 #62

The anonymous nature of the cryptocurrency industry have made it easy for big player to be able to manipulate the market easily, most especially the big exchange owners who carry out some criminal act all in quest to make large profits off the market.
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March 10, 2019, 06:50:15 AM
 #63

That's why I use decentralized exchanges now for trading and transacting. I seldom use centralized exchanges anymore because of these issues and more, like security. Be careful guys.

dex exchanges are known to have less volume though they are more private but not all centralized exchanged are having an issues and the coin listing also differ on both types of exchanges  .  south korean based exchange are indeed hot but not because of the known issues but because most of their exhcange are becoming indemand compare to other country based exchanges  .   

so what if the volumes are manipulative ? just trade coins that are legit and avoid those new/unpopular ones  , you'l be just fine  . volume is not really big issue to me   .
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March 11, 2019, 09:47:57 AM
 #64

That's one way to stop those manipulators. Maybe other medium to big exchanges do that too. That's why I use decentralized exchanges now for trading and transacting. I seldom use centralized exchanges anymore because of these issues and more, like security. Be careful guys.
Yes, I hope this truly stops manipulators because it’s just their ways and it’s no longer a new thing either. This is not just applicable to south courier alone but even in Europe.

I think the idea of faking trades and increasing volumes is to deceive incoming investors and that is really unfair but just like you said it’s better to just use decentralized exchanges for trading and even for security reasons which is what I do also.

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Crypdon
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March 11, 2019, 08:18:29 PM
 #65

South Korea is a country that is pushing crypto forwards, stamp out those scammers and deliver quality exchanges. Preferably safu ones that don't get hacked by the North Koreans
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March 11, 2019, 09:32:32 PM
 #66

That's why I use decentralized exchanges now for trading and transacting. I seldom use centralized exchanges anymore because of these issues and more, like security. Be careful guys.

dex exchanges are known to have less volume though they are more private but not all centralized exchanged are having an issues and the coin listing also differ on both types of exchanges  .  south korean based exchange are indeed hot but not because of the known issues but because most of their exhcange are becoming indemand compare to other country based exchanges  .   

so what if the volumes are manipulative ? just trade coins that are legit and avoid those new/unpopular ones  , you'l be just fine  . volume is not really big issue to me   .
I'm using some centralized exchanges also and it works fine for me, the only problem is that we can't certainly get a good price for our coin due to its market volume. How the team could work on it and it may attract more traders and investors surely. Cause traders will look for huge volume exchanges as there is a way that they'll can find nice price and gain more profits.
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