akirasendo17 (OP)
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January 11, 2020, 09:31:27 AM |
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In this list are some crypto exchanges that i think everyone almost know, some are almost closing just letting the users get their coins, and funds while others disappear together with our crypto, i am also a victim of that although some exchanges have reasons here are some of the exchanges List of echanges that closes in 2019 alone i hope i can help and update everyone Cryptopia Liqui QuadrigaCX CoinPulse Gatecoin Coinnest Coinome Coinroom BitMarket Novachain exchange DEX Einstein DXExchange Virwox IDAX exchange for more information about this here is the link fore more info https://en.cryptonomist.ch/2019/12/14/crypto-exchanges-closed-in-2019/so always be careful if you have local wallets that can store your coin do it
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zeze18
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January 11, 2020, 09:40:56 AM |
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Cryptopia was an exchange that i got x10 profits from ETN. sad to heard that exchanges has closed last year, one of the most profitable exchanges i've ever in. Do you think there many more exchange will be closes this year ? i saw many scam-indicated exchanges this year but not confirmed yet, we hope cryptocurrency environtment this year will less scam
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bitcampaign
Sr. Member
Offline
Activity: 1806
Merit: 268
Vave.com - Crypto Casino
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January 11, 2020, 10:27:15 AM |
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you leave one of them here coinexchange.io , I see not only on that list even there are still many more out there exchanges that are closed because of bankruptcy from the bear market effect that occurred during 2018 to 2019, I think maybe the lack of altcoin trading volume due to the close of the exchange, maybe if the market have recovered they will come back to increase the trading volume on altcoin
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Hero member/Legendary rank
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akirasendo17 (OP)
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January 11, 2020, 10:33:59 AM |
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you leave one of them here coinexchange.io , I see not only on that list even there are still many more out there exchanges that are closed because of bankruptcy from the bear market effect that occurred during 2018 to 2019, I think maybe the lack of altcoin trading volume due to the close of the exchange, maybe if the market have recovered they will come back to increase the trading volume on altcoin Im sorry but i only select 2019 exchanges at the moment ill be creating a new one for all of the exchange that closes from the start of crypto currency but it will take time thank you for your inputs
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joniboini
Legendary
Offline
Activity: 2226
Merit: 1795
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January 11, 2020, 11:37:57 AM |
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I remember DX Exchange, not even close to functional and then tried another way to continue their operation with merger etc. An overhyped exchange at best.
It's nice to see low-quality exchange getting busted. Hopefully, there will be more so no more stupid money loss.
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alyssa85
Legendary
Offline
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
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January 11, 2020, 11:41:30 AM |
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In this list are some crypto exchanges that i think everyone almost know, some are almost closing just letting the users get their coins, and funds while others disappear together with our crypto, i am also a victim of that although some exchanges have reasons here are some of the exchanges List of echanges that closes in 2019 alone i hope i can help and update everyone Cryptopia Liqui QuadrigaCX CoinPulse Gatecoin Coinnest Coinome Coinroom BitMarket Novachain exchange DEX Einstein DXExchange Virwox IDAX exchange for more information about this here is the link fore more info https://en.cryptonomist.ch/2019/12/14/crypto-exchanges-closed-in-2019/so always be careful if you have local wallets that can store your coin do it The only one I'm sad about on that list is Virwox. Without Virwox existing in the early days of bitcoin, it would have been extremely hard to buy bitcoin. Back then you had to go through loads of hoops just to get your money to someone who could sell you some coins. Virwox, Mtgox and others actually paved the way to bitcoin becoming a viable currency. R.I.P ye olde exchanges!
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ReiMomo
Sr. Member
Offline
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
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January 11, 2020, 12:04:56 PM |
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Sad to them that there are too many of them closes last year. Probably they were going bankrupt and leave the crypto space businesses. I saw thread also about 2019 hacks exchanges but I didn't find where it is. Probably they had mistakes and weak teams that's the reason they are the target of hackers. I used before a Nova exchange, good thing I withdraw my fund their before they are totally close.
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Lanatsa
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January 11, 2020, 12:08:16 PM |
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I remember DX Exchange, not even close to functional and then tried another way to continue their operation with merger etc. An overhyped exchange at best.
It's nice to see low-quality exchange getting busted. Hopefully, there will be more so no more stupid money loss.
Right! We dont really need lots of exchanges and it doesnt matter if we do have few but do have more quality than having lots but totally worthless. Now we are just still on 1st month of 2020 but we do already have 1 bites the dust which is Cobinhood.I wont be surprised if there would be another exchange would do the same.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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ChuckBuck
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January 11, 2020, 12:09:55 PM |
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Although they don't know the reason behind their closure, most people come to the general answer, which is fraud. I never keep my BTC on exchanges, it's extremely dangerous, but for altcoins it is the opposite. To sell altcoin at a better price, I had to keep it at the exchanges for a long time, but by the time I checked, it was closed There are two exchanges on the list above that I lost money, they are cryptopia and liqui Although that amount is not too large, it is a noticeable loss
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Wexnident
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January 11, 2020, 12:18:45 PM |
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Most exchanges close down either because they got involved in scams, hacks or just generally not trusted by the populace. This lead to Volume trades in their exchange close to null, which really makes their exchange dead, sadly enough. Letting it close instead of being open where no one is using it is a lot better imo. Had a few tries with Liqui in the past, but didn't really spend much days with it. Lasted about 2 or 3 weeks I think before switching over to Binance once again.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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ralle14
Legendary
Offline
Activity: 3220
Merit: 1889
Shuffle.com
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January 11, 2020, 12:43:38 PM |
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Do you think there many more exchange will be closes this year ?
There's probably more exchanges closing in this year and they might not be even mentioned since there's so many exchanges to monitor. Out of the several exchanges that closed the only one i've used was Cryptopia and it's only because their exchange had the best volume on certain altcoins that wasn't listed on most popular exchanges.
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luckyflop
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January 11, 2020, 12:47:10 PM |
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Cryptopia was an exchange that i got x10 profits from ETN. sad to heard that exchanges has closed last year, one of the most profitable exchanges i've ever in. Do you think there many more exchange will be closes this year ? i saw many scam-indicated exchanges this year but not confirmed yet, we hope cryptocurrency environtment this year will less scam
Like me, Cryptopia has helped me to gain a lot of profits in the end of 2017 and early 2018. I have received more than $ 20,000 from investing in Gobyte here. It's sad to see this exchange shut down due to hacker action, and the project I once invested in has also died. This market is now very difficult for new and small exchanges as well as altcoins
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Xsinx
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January 11, 2020, 01:03:14 PM |
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Due to lack of regulation on exchange companies that allows these companies to operate and just close down as they choose. The first one that closes down this year is cobinhood and there are more to follow not unless we see another big bull run like in 2017 to fill the hungry pockets of these exchange Corrupt CEO and owners.
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panganib999
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January 11, 2020, 01:03:25 PM |
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And more would probably close down this year. Well, one closes, two opens in the crypto scene tbh. The allure of the crypto market is just way too juicy to miss out on, and as such, the cause for a lot of exchanges to pop up even though they know they aren't going to become reputable in a single night. That's also the cause as to why most exchanges just went about with scams instead of legitimacy since they still had a chance to profit quickly there unlike normal exchanges sadly.
I've tried using Liqui and Cryptopia before, but just used it. Used them close to 3 months then decided to stop trading for a bit. Returned and they already closed down sadly enough.
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FairUser
Sr. Member
Offline
Activity: 1344
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bit.ly/3QXp3oh | Ultimate Launchpad on TON
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January 11, 2020, 01:34:55 PM |
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These are just a few exchanges that have closed down in 2019, the fact that there are a lot of closed exchanges compared to your listing. And of course, I would never choose to trade or hold altcoins on these small exchanges because it could become a scam and die anytime. Idax is one of the leading exchanges in this market but has also become a scam, really scared for this market. It is best not to hold altcoin at any exchange because it is too dangerous, hacker, scammer .... everything that can make us lose money
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nicolas1979
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January 11, 2020, 01:35:38 PM |
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There's hard competition on exchanges world, even have good system and fund will not guarantee can survive. Built exchanges is not easy and most of them close because can't reach member target and profit. Members is the important part from exchanges and they can get it by promotion ( airdrop, contest, competition. etc ) and good customer services to solve member problem. If exchanges closed because only have little member, low volume or get scammed that only non sense.
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kotajikikox
Full Member
Offline
Activity: 2422
Merit: 214
★Bitvest.io★ Play Plinko or Invest!
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January 11, 2020, 02:01:47 PM |
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i am lucky that never to become a victim of closing exchange,maybe because i am very choosy if where to trust my investment,unless the token or coin i got from Bounty can only be trade in random exchange so i have np choice but to use them but will transfer my bounties to other sites that i trusted.
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gweedo
Legendary
Offline
Activity: 1498
Merit: 1000
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January 11, 2020, 02:05:08 PM |
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Until now, I was really lucky to have withdrawn money from Idax a few days before it became a scam. I moved all the USDT money to Binance and bought altcoins there, after a few days I received the news that Idax CEO was gone and no one could contact him. With the exchange closed in 2019, we should use the leading exchanges in this market, such as Binance, Huobi, Okex, Kucoin ... these are the best exchanges and hard to become scam like the small exchange
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CodyAlfaridzi
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January 11, 2020, 02:08:58 PM |
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Good thing. It's natural selection. I don't think we need a lot of centralized exchange anyway. Most of them ended up "hacked" and closed. I'm not even sure if the hacking is real or just orchestrated exit strategy by the operation. Running exchange, holding people's money securely isn't easy and definitely isn't for everyone. Let the best do it.
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rijaljun
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January 11, 2020, 02:27:14 PM |
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i am lucky that never to become a victim of closing exchange,maybe because i am very choosy if where to trust my investment,unless the token or coin i got from Bounty can only be trade in random exchange so i have np choice but to use them but will transfer my bounties to other sites that i trusted.
There is such a victim to these kind of actions. Bankuptcy is common thing in the business. Sometimes it is better to close the business whenever they can no longer fight their competitors, than to lie to their customers. Unless, they have scammed.
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