Bitcoin Forum
November 04, 2024, 12:37:58 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 [6] 7 8 9 »  All
  Print  
Author Topic: Exchanges are not recommended.  (Read 1680 times)
TastyChillySauce00
Legendary
*
Offline Offline

Activity: 3164
Merit: 1038


Leading Crypto Sports Betting & Casino Platform


View Profile
July 28, 2019, 08:29:58 AM
 #101

Centralized exchanges shouldn't even operate without being regulated. and as long as they are centrally controlled, they can be easily abused. Real exchanges (real decentralized exchange) have little or non of this problem.
 Centralized exchanges are the source of many financial frauds in crypto world.
There are very few centralized exchanges don't ask for KYCs, but you can choose decentralized exchanges to avoid KYC requirements, if you don't want to do it. Crypto Bridge is one of good decentralized exchanges for you.
Most of the centralized exchanges don't ask KYC if you only have small money there, if it is a huge money maybe that you withdrawn a day maybe more than 0.5 BTC they would definitely ask you for KYC. Even in Binance they have withdrawal limit of 0.5 BTC if i'm not mistaken for non-KYC users and most of the users have no problem with that. However I still can't deny the fact that submitting your ID for KYC will grant you freedom by sacrificing your anonimity.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Lauren Smith
Sr. Member
****
Offline Offline

Activity: 1050
Merit: 277



View Profile WWW
July 28, 2019, 04:05:28 PM
 #102

I was once paid a bounty. I was so patient and waited and then it went up and I was pleased to sell it off. The only place that traded the token was OKEX and that is the only reason I used them.
They wanted my phone number which I did not like one bit, I did it anyway since I wanted to sell. I deposited with no problems. I traded for 0.025 BTC which was a handsome reward for the work I did. Wating had paid off and I had doubled the investment since I was paid the bounty. I then go to withdraw.....

Some crap about "suspicious behaviour" I don't know what is suspicious about making a trade and wanting to withdraw so I immediately knew what was going on. They were counting on me not to reveal my KYC so they could keep the btc (which they did) I haven't logged in since.

They held my btc ransom and exploited their position and blackmailed me. I will never use CEX exchange ever again. They will always use KYC as a weapon.

Centralized exchanges shouldn't even operate without being regulated. and as long as they are centrally controlled, they can be easily abused. Real exchanges (real decentralized exchange) have little or non of this problem.
 Centralized exchanges are the source of many financial frauds in crypto world.
There are very few centralized exchanges don't ask for KYCs, but you can choose decentralized exchanges to avoid KYC requirements, if you don't want to do it. Crypto Bridge is one of good decentralized exchanges for you.
Most of the centralized exchanges don't ask KYC if you only have small money there, if it is a huge money maybe that you withdrawn a day maybe more than 0.5 BTC they would definitely ask you for KYC. Even in Binance they have withdrawal limit of 0.5 BTC if i'm not mistaken for non-KYC users and most of the users have no problem with that. However I still can't deny the fact that submitting your ID for KYC will grant you freedom by sacrificing your anonimity.

I am too afraid the CEX exchange steals my crypto and blackmails me for KYC. DEX will not do this to me. They risk is less. MY money is my business anyway. It has nothing to do with anyone else. I fill my damn tax form at the end of the year I don't need some faceless clowns from an exchange telling me what to do and how to do it. They don't even know they laws in the differnt countries.

andra73
Member
**
Offline Offline

Activity: 430
Merit: 10

terra-credit.com


View Profile
July 28, 2019, 04:09:57 PM
 #103

Centralized exchanges shouldn't even operate without being regulated. and as long as they are centrally controlled, they can be easily abused. Real exchanges (real decentralized exchange) have little or non of this problem.
 Centralized exchanges are the source of many financial frauds in crypto world.
There are very few centralized exchanges don't ask for KYCs, but you can choose decentralized exchanges to avoid KYC requirements, if you don't want to do it. Crypto Bridge is one of good decentralized exchanges for you.
some let us not do KYC, but there are minimum deposit and withdrawal limits that we can do. yes if our goal is to trade I think choosing a really good exchange is the right choice. but if it's only to sell coins from a bounty, I guess wherever we can sell it.
but my advice is to avoid yobit.

► TerraCredit ◄ ♦ TerraCredit - An Effective Alternative To Cash Since 2018 ♦ ► TerraCredit ◄
───●✦●───●✦●───●✦●───●✦●───●✦●─[   Bounty Detective   ]─●✦●───●✦●───●✦●───●✦●───●✦●───
Website◂ | ▸Twitter◂ | ▸Facebook◂ | ▸LinkedIn◂| ▸Telegram◂ | ▸Whitepaper
coaprotet
Copper Member
Newbie
*
Offline Offline

Activity: 210
Merit: 0

KNL Ecosystem - Invest. Trade. Earn.


View Profile
July 29, 2019, 03:36:30 PM
 #104

Most of exchanges on the market are trash at the moment, because all of them are manipulating trading volume and token prices. Binance, Huobi, Kucoin and IDEX are my favourite exchanges, because it did not mention any suspicious activity on those exchanges.

🌱 KNL Ecosystem 🌱                                                                                                                                         
                     Invest. Trade. Earn                  SECTORS OF TOKENIZATION  | Agriculture, Real estate, Oil industry, Fintech, Other industries   
                                                    /                                                      Telegram | Facebook | YouTube | Twitter | Medium | Btt
Turkish88
Full Member
***
Offline Offline

Activity: 714
Merit: 104



View Profile
July 29, 2019, 03:39:36 PM
 #105

I am still not faced with problems, i am used not many exchanges it was IDEX Latoken Coineal and STEX.
All this exchanges i am use for selling token which trades only in one of this exchange amd allways successfully withdraw my funds

Help to Ukrainian citizens
ETH donations adress - 0xe23CB47AC32F0b8750d4D0Dd4e160Fa6F8fF30EF
awakpane
Member
**
Offline Offline

Activity: 1274
Merit: 12


View Profile
July 29, 2019, 03:46:20 PM
 #106

As long as I trade in exchange I have never experienced fraud from an exchange. I also haven't found an exchange that cheats trade. hopefully not bad things don't happen to me.
Vladok
Jr. Member
*
Offline Offline

Activity: 1092
Merit: 1


View Profile
July 29, 2019, 05:59:43 PM
 #107

I personally have not yet got to the fake exchange and very happy about it, as my friends were on such exchanges, and then could not get their money back, so be careful with the exchanges
JuliaJi
Full Member
***
Offline Offline

Activity: 896
Merit: 103



View Profile
July 29, 2019, 07:01:38 PM
 #108

I think all exchanges are cheating, because they showing unreal volume of trade, also dont hold your funds on exchange, I was holding tokens on coingather, they stole all funds and close the site.. Undecided
graffix
Member
**
Offline Offline

Activity: 195
Merit: 10


View Profile
July 29, 2019, 10:05:23 PM
 #109

The main problem of these exchanges is they can do whatever they want. manipulating the trading volume is the main problem. they do that to attract traders to the exchange.  no one can know it.

retnoanjani
Full Member
***
Offline Offline

Activity: 630
Merit: 100



View Profile WWW
July 29, 2019, 10:52:47 PM
 #110

I think all exchanges are cheating, because they showing unreal volume of trade, also dont hold your funds on exchange, I was holding tokens on coingather, they stole all funds and close the site.. Undecided
I least like the new exchange. There are still many bugs and obstacles in the transaction, sometimes the support is also not responsive. So it's better not to save funds in exchange wallets, the risk is too big, a lot of manipulation, including the fake volume you mentioned.

Razerglass
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000


https://bmy.guide


View Profile
July 29, 2019, 10:55:38 PM
 #111

I have heard that there are some exchange platforms that deceive traders and even owners of new coins, Tell us your story with a bad exchange  platforms that you do not recommend.

Help others to avoid this exchanges that cheat traders
Fake volume is the exceeding trouble in crypto exchanges, they use trading bots for increasing the daily volume which is fake. The fake volume draws more attention from investors and traders who realize this experience after visiting the exchange. New exchanges don't care about the traders and they are there for making money. Bitcoin pairs are mainly used for bot trading. 

██░                                             
 ▓██▓░                                           
  ▓█████▓▒░                                  ░▒██░
    ▓███████▓▒░                           ░▓▓██▓ 
      ▒█████████▓▒                     ░▓████▓   
        ░█████▓████▓▒                 ▓████▓░   
          ░▓███▓▓▓▓███▓░            ▒██▓▓█▒     
             ▓██▓▓▓▓▓▓██▒         ░███▓▓█▒       
               ▓█▓▓▓▓▓▓▓█▓       ▓███▓▓█▒       
                ▒██▓▓▓▓▓▓██▒   ▒███████▓         
                 ░██▓▓▓▓▓▓▓█▓░  ▒▓▓▓▓▓▓         
                   ▓█▓▓▓▓▓▓▓▓█▓▒                 
                    ▒█▓▓▓▓▓▓▓▓▓▓█▓▓▓▓▓▓▓▒▒░     
                      ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▒   
                   ░▒▒▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓███   
              ▒▓▓█████▓▓▓▓▓▓▓▓▓████▓▓▓▓▒▒░   ░   
         ▒▓██████▓▓▓▓▓▓▓▓▒▒▒▒▒░                   
|
|
🛵 Connecting Travellers All Around The World 🛵 

Socially Powered Search Engine for the Travel & Tourism Industry
|

█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ ███████████▀     ██ ██
██ ██████████▌   ▄▄▄██ ██
██ ██████████   ██████ ██
██ ███████          ██ ██
██ ███████▄▄▄   ▄▄▄▄██ ██
██ ██████████   ██████ ██
██ ██████████   ██████ ██
██ ██████████   ██████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ █████████████▀█████ ██
██ ███ ▀█████▀      ▀█ ██
██ ███     ▀▀      ▐██ ██
██ ███▌            ███ ██
██ ████▌          ▄███ ██
██ ██████       ▄█████ ██
██ ████▄▄▄▄▄▄▄████████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ ████████████▀▀▀████ ██
██ ████████▀▀     ████ ██
██ █████▀    ▄▀  ▐████ ██
██ ██▀     ▄▀    ▐████ ██
██ ████▄▄ █▀     █████ ██
██ ██████ ▄▄█   ▐█████ ██
██ ████████████ ██████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
|
Whitepaper
One-Pager
Ann Thread
|
Medium
Youtube
Instagram
StreakW
Full Member
***
Offline Offline

Activity: 1238
Merit: 109


Buzz App - Spin wheel, farm rewards


View Profile
July 29, 2019, 11:15:42 PM
 #112

Actually, i will keep in mind all exchange not recommended because we dont know what will happen, there is no guarantee the exchange keep active.

I dont know about not recommended exchange because for me, i worry to try exchange which dont have reputation

numanoid
Legendary
*
Offline Offline

Activity: 1890
Merit: 1148


View Profile
July 29, 2019, 11:18:16 PM
 #113

I think all exchanges are cheating, because they showing unreal volume of trade, also dont hold your funds on exchange, I was holding tokens on coingather, they stole all funds and close the site.. Undecided
Remember to choose only in a site which really has good reputation before. Don't keep too much money on new exchange site, if they are got hacked, their site will be close and you lost your money. Choose like binance or poloniex, even they ever got hacked, they are 100% responsible for any user which their fund have lost during the hack.
fosamede
Copper Member
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile WWW
July 29, 2019, 11:24:32 PM
 #114

Almost all exchanges inflate their trade volume, the data you get on coinmarketcap as the total daily trade is inflated, that is why a single buy order of say 100 million USD for bitcoin can be enough sometimes to shift the market position. What one should be more bothered about is if the exchange are not going to pull some exit scams on users, those are the more serious concerns
Krislaw
Sr. Member
****
Offline Offline

Activity: 1204
Merit: 388


View Profile WWW
July 30, 2019, 03:00:51 AM
 #115

I think all exchanges are cheating, because they showing unreal volume of trade, also dont hold your funds on exchange, I was holding tokens on coingather, they stole all funds and close the site.. Undecided
yeah you judged all of them before research anything.
This is your fool when lost of your on exchage, because don't researcing and asking where your invested.
post it to https://bitcointalk.org/index.php?board=83.0 when you have scamed or posting there when you fund new one.
shinratensei_
Legendary
*
Offline Offline

Activity: 3276
Merit: 1031


Leading Crypto Sports Betting & Casino Platform


View Profile
July 30, 2019, 08:49:53 AM
 #116

The main problem of these exchanges is they can do whatever they want. manipulating the trading volume is the main problem. they do that to attract traders to the exchange.  no one can know it.
anyone who used that exchange site already known very well about any risk that will be gotten by them all consider about that's centralized exchange site. Anyone has already sent their amount to that exchange site in their consequences they must deal with that risks.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
genericlime
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
July 30, 2019, 10:34:56 AM
 #117

Always do your research when visiting new exchanges. Don't believe the reported volume. You should go see how thick the order book. You can also use a DEX, but find out if they can block access to your funds once they're down. A true DEX will not be able to do that.
Prolifik
Full Member
***
Offline Offline

Activity: 588
Merit: 100



View Profile
July 30, 2019, 10:49:35 AM
 #118

I think that next scammy exchange will be Latoken and VINDAX, these exchanges showed that only care about quick profit.
See CMA scam accusations against VINDAX.

upyem2k
Jr. Member
*
Offline Offline

Activity: 448
Merit: 1


View Profile
July 30, 2019, 11:55:00 AM
 #119

This your heading should have been some exchanges are not recommended and that will be absolutely the truth. Some are majorly scam who worked with fake ICO teams in which they connive to dupe the unsuspecting cryptocurrency investors which are mostly newbies.
UniversityCoin
Full Member
***
Offline Offline

Activity: 714
Merit: 101


View Profile
July 30, 2019, 11:59:30 AM
 #120

I have heard that there are some exchange platforms that deceive traders and even owners of new coins, Tell us your story with a bad exchange  platforms that you do not recommend.

Help others to avoid this exchanges that cheat traders

My story is that - as soon as I settled on some of the popular exchanges - so they introduced KYC as a prerequisite for continued trading. I believe that cryptocurrencies were created for anonymity, and not to create the next stock market. Therefore, I do not trade on such exchanges.
Pages: « 1 2 3 4 5 [6] 7 8 9 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!