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Author Topic: Blacklist of exchanges. Independent rating  (Read 408 times)
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adamvp
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April 12, 2019, 12:32:44 AM
 #21

Binance, Huobi and OKEX - are scammers
why do you think so? I think you should post any evidence when you made such accusations.. What I know is slightly different than many people in this thread says - there are issues on every exchange - and bigger exchange has more issue - it is logical

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May 24, 2019, 10:32:20 PM
 #22

Binance, Huobi and OKEX - are scammers
Have you posted some proof that they are scam exchange?
I used Binance and Huobi for how many months I didn't encounter any problem on these exchanges.
Maybe Binance had mistakes once ain't know if they are victims or their strategy but they are back operating now and many traders continue trading there I think that is not enough to accuse them without specific proof.

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May 24, 2019, 11:58:17 PM
 #23

Have you posted some proof that they are scam exchange?
I used Binance and Huobi for how many months I didn't encounter any problem on these exchanges.
Maybe Binance had mistakes once ain't know if they are victims or their strategy but they are back operating now and many traders continue trading there I think that is not enough to accuse them without specific proof.

Didn't Huobi, along with several other Chinese exchanges, have huge issues with fake volume? I think Binance is the least sketchy one from OP's list.

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adamvp
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May 31, 2019, 11:25:27 PM
 #24

Not really, according to https://www.bti.live/exchanges/ Huobi has problem with washtrading, but washtrading lvl is  > 60% while there are some exchanges with >90%
While binance wasn't examined at all
And I think this topic is rather about scams - exchanges which are robbing their users

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May 31, 2019, 11:59:55 PM
 #25

Not really, according to https://www.bti.live/exchanges/ Huobi has problem with washtrading, but washtrading lvl is  > 60% while there are some exchanges with >90%

Wash trading is literally about selling coins/tokens back and forth by the same (or multiple colluding) entities for the purpose of creating inflated trading volume. Higher volume -> more suckers -> more money which can be earned from listing fees. They've even admitted that wash trading takes on their exchange but laid the blame on their market makers. >60% volume wash traded (anywhere between 60-90%) sounds like a big deal to me, btw.

While binance wasn't examined at all

OP claims Binance can't be trusted because they're aren't licensed (whatever that means) and that the risk of losing coins is 99%. I don't quite agree with that.

And I think this topic is rather about scams - exchanges which are robbing their users

Nearly all exchanges listed except for binance have a history of nefarious behaviours.

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July 08, 2019, 05:47:41 AM
 #26

Livecoin (livecoin.net)
Prophet

LiveCoin is really scam
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