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Author Topic: Exchanges are not recommended.  (Read 1625 times)
KofiAdepa
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July 30, 2019, 12:24:16 PM
 #121

You sometime get marveled when you hear the stories, some just fake volumes and even amount raised to just deceive investors to put in much into the project. Personally I don't trust any exchange I just do business with them when I need them.

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July 30, 2019, 01:14:55 PM
 #122

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

Just stay away from green exchanges. Only use tried and tested exchanges
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July 31, 2019, 12:29:22 AM
 #123

There are new exchanges popping up every single day, and a big number of them are outright scams.
I sometimes wonder WHY crypto hasn't moved to decentralized solutions yet, as we see exchanges getting hacked left and right all the time.

A great example of a true DEX solution is Stakenets Lightning DEX.

- Near 0 fees
- Fast transactions if you trade over the lightning network.

100% privacy, maximum security, and ease of use.
It's so decentralized by running on masternodes, that even if the devs was asked to shut down the DEX, they can't.

Do your own research on this one!
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July 31, 2019, 11:43:17 PM
 #124

I this market there are many Exchanges available. But you can trust very few of them. Even sometim  trusted Exchanges are also fall. So be careful. I used a lots of Exchanges and simply speaking there is mnay problem regarding small Exchanges firstly the volume secondt the customer service.but in big Exchanges there is no issue regarding volume, and customer service also good. So if you have to use a EXCHANGE service you ACN go with either Dex or some pro Exchanges like binance or huobi or okex.

 
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August 09, 2019, 10:39:27 AM
 #125

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
I can remember an incident that was happen with me. Normally i have had tread on "Mercatox exchanger".  Everything was Good but when i did withdraw from that exchanger to "Binance", my dollars had vanished. After some Research, Actual reason I've found is that,, Some exchanges doesn't support desposit/withdraw from exchanges to exchanges. So be careful about it.

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August 09, 2019, 11:12:39 AM
 #126

As you know new exchanges launching every day, you should not join every exchange and that exchange have a good ranking in coinmarketcap that should be joined, I have a bad experience with HITBTC, don't join this exchange because of freezing accounts.

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August 09, 2019, 11:23:58 PM
 #127

There gas not been any exchange I have had bad experience with, but at the same time, I am always careful of where I trade. I would have actually mentioned the name of an exchange, but I later got my fund, except that it was delayed for few days.
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August 09, 2019, 11:37:59 PM
 #128

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
I can remember an incident that was happen with me. Normally i have had tread on "Mercatox exchanger".  Everything was Good but when i did withdraw from that exchanger to "Binance", my dollars had vanished. After some Research, Actual reason I've found is that,, Some exchanges doesn't support desposit/withdraw from exchanges to exchanges. So be careful about it.
that's straight up an abuse. I mean, it's their own users right to trasfer the money to wherever they want. If an exchange doesn't allow transfer to certain exchange that's just the same as scamming.
That kind of exchange should be closed because they are the same as stealing their own users money.

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August 10, 2019, 03:14:25 AM
 #129

LAToken exchange is the worst in my opinion, because a lot of tokens that are not clearly registered there and have no volume

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Rehmanchoudhary5
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August 10, 2019, 03:35:25 AM
 #130

I'm in crytpo since 2016, you didn't believe i used hundreds exchanges, the is that i love to trade on small coins because they've more possibilities of pump /dump, so i used small exchange and top exchanges too, and i knows about many many exchanges and believe me many exchanges have 80 % fake volume just to attract other project to get listed even some exchanges have 95% fake volume it's not just saying it's true, even i can find fake volume exchanges in top 20.

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August 10, 2019, 03:48:05 AM
 #131

Latoken exchange that keeps on adding coins and after listing the coin it will sure make a good dump but as I said before their service and support is good

yeah, i agree with you. i don't know who's wrong on that case and why Latoken team not delisting some of coin that have no volume and they keep adding alot of coins, and dont forget with sistemkoin. honestly i dont have issue with them but there's alot issue with sistemkoin on scam accusiations board.

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August 11, 2019, 03:30:05 PM
 #132

As you know new exchanges launching every day, you should not join every exchange and that exchange have a good ranking in coinmarketcap that should be joined, I have a bad experience with HITBTC, don't join this exchange because of freezing accounts.
I am not boasting, I have never had any bad experience with exchange ever since I joined the cryptocurrency market, and even down to my local exchange, I am also very picky about them and I try as much as possible to go for the best of them after making my research.

Before Binance was launched, I started using Polenix, but before Polenix started having the issue they had then which would have made me have bad experience, I already switched to Binance, and I must say that ever since I have been suing Binance exchange, I have never for once had issue and even when they were hacked then, it didn’t affect me, although I was just amongst the lucky one.

Before Binance would have issue, I would have simply found another reliable exchange because I am not happy with the things that I have been hearing of them lately.
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August 11, 2019, 07:42:36 PM
 #133

Personally, I believe a very few exchanges among hundreds! Because most of the exchange has fake trading volume, only bot trading, no real buyers and many other problems. People are very aware of Yobit exchange, now IDAX is the second one.

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August 11, 2019, 08:03:03 PM
 #134

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

Unfortunately it is true that some exchange are guilty of cheating devs or traders, some go as far as manipulating trading volume and their order book for personal interest.
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August 11, 2019, 11:58:15 PM
 #135

It's a technique that you have to know so that you won't be deceived. Many are doing that. So be careful on fake volumes. If you want to avoid being trapped by it, you should start learning how to read the chart. You won't be fooled if you won't let them fool you.

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August 13, 2019, 07:16:48 PM
 #136

I do not know such exchanges. However, I try to avoid those exchanges that require my KYC, I believe that there is no need to provide their data for trading, but the exchanges want to insure themselves before the SEC and are afraid of it.

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August 17, 2019, 07:24:18 AM
 #137

Personally, I believe a very few exchanges among hundreds! Because most of the exchange has fake trading volume, only bot trading, no real buyers and many other problems. People are very aware of Yobit exchange, now IDAX is the second one.

I agree with you. that some exchanges have fake trading volumes only bot trading. besides yobit and IDAX, I also found an exchange with a fake trade which is p2pb2b. even when i trade p2pb2b exchanges my coins are not sold but instead disappear somewhere. and surprisingly when the KYC process takes only seconds it has been received. this is a little confusing in my opinion personally.
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August 24, 2019, 11:25:28 AM
 #138

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.

I participated in IEO, with vindax i wait until receive my token after IEO, i am not sure if it scam or no but it look to me everything is good.
Please let me know why you think vindax may become a scam.

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August 24, 2019, 12:03:48 PM
 #139

some exchanges are used to feeding people lies about how demanding a particular IEO sales is on going,fake soldouts here and there just to create fake awareness for the project and the exchange itself so that when ever other IEO comes up again they will have more investors
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August 24, 2019, 12:06:25 PM
 #140

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.

You got it wrong dude,CMA never did any IEO on vindax exchange pls dont share wrong information on here,CMA IEO was done on idax which after it became a success idax refused to send fund back to CMA team thats what triggered scam accusation against idax
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