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Author Topic: I want to know your opinion :)  (Read 460 times)
traderethereum
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September 19, 2019, 12:39:51 AM
 #41

I saw the topic of this project and here is their site https://whitebit.com, has someone already used it? can I trade there, I see what you think?
I never heard about that project before because I don't check on the project for a long time.
There is no point to use the site if the site doesn't have a reputation, and the site needs to hard work to get reputations.
The site is an exchange like the other exchanges, but it's a new exchange.
If I were you, I would not risk my money to trade on that site because I already have many good and legit exchanges, so it is better to skip the site.
Or if you were too curious with the site, you can try to send some amount of money and try trading in that site.
If you don't have any problem, then you can try to withdraw the money if you get a profit and see what will happen later.
I wonder if the site will need KYC verification for every trader who trades in that site.
I am a little bit skeptic about sending the document to any website if I don't research about the site before.

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September 19, 2019, 10:20:41 AM
 #42

Personally, I see absolutely no reason to use it, especially that there are older and more reputable platforms out there.
But what about young projects on the market? After all, they also have the right to life? competition will always be high
Take note that the market is like "Survival of the fittest" where the strongest projects will remain and those weak will be dead in a few years and will be a shitcoin. New projects are always welcome but don't expect that there will be many investors of that project especially right now that there are more better platforms to use out there. Competition is always be high so what the developers must do is to create a coin that is unique and will be helpful to the investors.

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tadpole_bitfrog
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September 19, 2019, 12:39:39 PM
 #43

You really shouldn't look for new exchanges like this. even exchanges that are used by quite a lot of users like Coinextra, have been considered as fraud when they lock all accounts that have lots of money from traders.
Therefore, you should only look to large exchanges like Binance, Huobi to get quality transactions without problems.

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SquallLeonhart
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September 19, 2019, 01:21:40 PM
 #44

Topic starter, you will need to write here your extensive review about your own use of this exchange.
How do you expect him to have a review for an exchange that he is yet to use it too and just finding opinions from people, if he had any review, at least he would have let us know that this is exactly what he found out about the project, but to him now, he does even have a clue as to what the quality of the exchange it and only got to know about it based on recommendation too which you are the ones that will give your own opinion and not him.

Opinion or no opinion, normally we ought to have known that the best exchange to use are exchanges that are within the top In CMC, they are already graded to be the most reliable coin, except maybe the exchange Is new and we want to be the first to test it and give review of it, but aside that, we should strictly go for top exchanges.

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September 19, 2019, 02:21:11 PM
 #45

I saw the topic of this project and here is their site https://whitebit.com, has someone already used it? can I trade there, I see what you think?
I will not use any new exchanges because the old exchanges are enough to meet my needs. The fact that there are so many new exchanges coming out every day, do we need them? I just read an article that 99% of exchanges in South Korea will go bankrupt because there are no users

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September 19, 2019, 02:46:06 PM
 #46

I saw the topic of this project and here is their site https://whitebit.com, has someone already used it? can I trade there, I see what you think?
I will not use any new exchanges because the old exchanges are enough to meet my needs. The fact that there are so many new exchanges coming out every day, do we need them? I just read an article that 99% of exchanges in South Korea will go bankrupt because there are no users

It is okay to have such so that users can make choice. If people have large amount of exchange to choose from, then then will adjust very well. As exchanges in Korea are likely to go out (according to you, which you need to provide link) , it shows they are not doing enough to be relevant.
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September 19, 2019, 07:27:40 PM
 #47

I got a coin that is only traded on this cryptocurrency exchange. Guys who really used this platform, how are things with the input of funds?

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September 20, 2019, 01:39:31 AM
 #48

I got a coin that is only traded on this cryptocurrency exchange. Guys who really used this platform, how are things with the input of funds?
It happens that some token/s are already listed on a single exchange especially when they have their own exchange. Of course, what it makes sense if they never used their own rather than of listed it in the other exchange. It is quite disappointing in our part which gives us no choice but to use this exchange. It gonna fair enough if the price is still good but mostly it worth nothing especially when it listed into low volume exchanges.
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September 20, 2019, 04:00:39 AM
 #49

I saw the topic of this project and here is their site https://whitebit.com, has someone already used it? can I trade there, I see what you think?
I already see this exchange in other thread and I think even in our local board which is Pilipinas. I still not visit this exchange and maybe some people already use it. Maybe try to ask yourself if its good to trade in a new exchange because I rather to trade my crypto to well known exchange than risk it to a new exchange.

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September 20, 2019, 07:05:44 AM
 #50

I got a coin that is only traded on this cryptocurrency exchange. Guys who really used this platform, how are things with the input of funds?
It happens that some token/s are already listed on a single exchange especially when they have their own exchange. Of course, what it makes sense if they never used their own rather than of listed it in the other exchange. It is quite disappointing in our part which gives us no choice but to use this exchange. It gonna fair enough if the price is still good but mostly it worth nothing especially when it listed into low volume exchanges.
At the beginning, it was like that, but I think every real project really wants to list on the biggest exchanges like binance. if you see the project as a potential, I think holding it is the best choice, rather than selling it now, where the price is not worth it. but if the project is deemed to have less potential, I better sell it at any price

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September 20, 2019, 07:06:51 AM
 #51

I saw the topic of this project and here is their site https://whitebit.com, has someone already used it? can I trade there, I see what you think?
I am not use it yet. Maybe you can look for thread that discuss it just search in google or maybe in this forum directly. If me i will avoid new exchanger that i don't know reputation of the site yet. Maybe use famous site like Binance to do trading activity.

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September 20, 2019, 08:01:21 AM
 #52

Personally, I see absolutely no reason to use it, especially that there are older and more reputable platforms out there.
But what about young projects on the market? After all, they also have the right to life? competition will always be high
Take note that the market is like "Survival of the fittest" where the strongest projects will remain and those weak will be dead in a few years and will be a shitcoin. New projects are always welcome but don't expect that there will be many investors of that project especially right now that there are more better platforms to use out there. Competition is always be high so what the developers must do is to create a coin that is unique and will be helpful to the investors.
In addition to your statement, blockchain world/business is huge and every new project or exchange are welcome but they have to pave a way or calm a spot for themselves by providing a unique platform which will make them thrive in the crypto market. With that been said, the exchange posted by the OP totally have a good platform but the KYC level will make most crypto users who value their privacy to desist from it.

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September 20, 2019, 11:10:16 AM
 #53

I saw the topic of this project and here is their site https://whitebit.com, has someone already used it? can I trade there, I see what you think?
I don't know about this exchange.


But what about young projects on the market? After all, they also have the right to life? competition will always be high
You are right that new exchange has the right to live and start competition with Big Exchange, but talk about exchage also talk about the belief that the team in this exchange can be trusted because it involves funds or money from users who deposit their money there.

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September 20, 2019, 12:42:01 PM
 #54

I saw the topic of this project and here is their site https://whitebit.com, has someone already used it? can I trade there, I see what you think?
I am not use it yet. Maybe you can look for thread that discuss it just search in google or maybe in this forum directly. If me i will avoid new exchanger that i don't know reputation of the site yet. Maybe use famous site like Binance to do trading activity.
Binance is the answer or the solution because we know this exchanges is legit and operated few yeats ago upto now.
Im from Philippines and what I've read is that exchange is from Philippines and I've never tried to use it.
But you can wait to more person give feedback about whitebit that help you to decide to enter to that exchange.

 
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September 20, 2019, 05:26:04 PM
 #55

I saw the topic of this project and here is their site https://whitebit.com, has someone already used it? can I trade there, I see what you think?
Perhaps you need to analyze all the work of the trading exchange, from the number of users to the volume of trading and thus draw conclusions regarding not only the quality, but also the authenticity of the resource.  If the data obtained is not in doubt, then perhaps it is worth working with this resource.  I personally very often make compromises and risks in such cases.
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September 20, 2019, 08:17:52 PM
 #56

I got a coin that is only traded on this cryptocurrency exchange. Guys who really used this platform, how are things with the input of funds?
It happens that some token/s are already listed on a single exchange especially when they have their own exchange. Of course, what it makes sense if they never used their own rather than of listed it in the other exchange. It is quite disappointing in our part which gives us no choice but to use this exchange. It gonna fair enough if the price is still good but mostly it worth nothing especially when it listed into low volume exchanges.
I just worried about my holding, the price is still good and the volume is high.

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Dart18
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September 20, 2019, 11:15:41 PM
 #57

There is already an ongoing discussion about the exchange: https://bitcointalk.org/index.php?topic=5183180.0

Personally, I see absolutely no reason to use it, especially that there are older and more reputable platforms out there.
But what about young projects on the market? After all, they also have the right to life? competition will always be high

There is already a large number of competition out there. Why risk for another one?

There is an exchange with free trading expenses, another have their own token to use for their own exchange to maximize the cheaper transaction fees.
5 trusted exchanges have different tokens in their list.
So why risk your money into something you are unsure of rather than those who have proven good faith.
Mahanton
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September 20, 2019, 11:49:16 PM
 #58

There is already an ongoing discussion about the exchange: https://bitcointalk.org/index.php?topic=5183180.0

Personally, I see absolutely no reason to use it, especially that there are older and more reputable platforms out there.
But what about young projects on the market? After all, they also have the right to life? competition will always be high

There is already a large number of competition out there. Why risk for another one?

There is an exchange with free trading expenses, another have their own token to use for their own exchange to maximize the cheaper transaction fees.
5 trusted exchanges have different tokens in their list.
So why risk your money into something you are unsure of rather than those who have proven good faith.
You cant stop people not to try up with other exchangers specially the new ones.We cant really avoid not to think that these might be an another hit in the market.
Come to think that Binance was new wayback before and Poloniex and Bittrex was still on the throne on that time but look at it now where it do able to manage to become
the top spot at the moment.Its just matter on how these exchangers do offer something new into traders.If they do find out appealing then you do have the chance.
In wise case scenario its just part of our common sense to choose up on whats the current market best at the moment to reduce the risk on getting scammed or lose funds.

R


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serantepe
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September 22, 2019, 06:58:51 PM
 #59

I don’t see the reason to change favorite exchange but if tokens trades in one exchange, there is no choice.

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