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Author Topic: Crypto Bad Exchanges  (Read 4672 times)
Vishnu.Reang
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April 27, 2020, 05:42:20 PM
 #181

Yes, you are right. I have ample proof of these exchanges ,so no doubt. Such exchanges are involved in various shady works .Those of you who are thinking of investing in the future will certainly be wary of these exchanges .

First of all, there are too many exchanges around. But it is expected, with a completely decentralized asset such as cryptocurrency. When we have so many exchanges, it is quite natural that at least some of them will be involved in shady activities. But my guess is that as the market gets more and more matured, we will be witnessing a decline in the number of fake exchanges.
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April 27, 2020, 07:16:11 PM
 #182

It would be terrible if they swapped the withdrawal address. Even lousy exchange like Yobit didn't do it, proving they were bullshit and too greedy. Stay away from these exchanges so you don't have any future problems

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April 27, 2020, 07:39:08 PM
 #183

Yes, you are right. I have ample proof of these exchanges ,so no doubt. Such exchanges are involved in various shady works .Those of you who are thinking of investing in the future will certainly be wary of these exchanges .
Now many people know the quiet exchange rate where they always make fake volumes of tokens traded there, therefore investors will now not make investments or trade daily on exchanges with fake volumes, maybe some of them will only sell their tokens from the results bounty.

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April 27, 2020, 07:52:22 PM
 #184

I'm sure you've had a bad experience with this exchange name. but I have also done exchanges on this exchange [latoken]. and I'm fine and don't feel any clumsiness here. but the trade that I do only has a small amount.

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April 27, 2020, 10:17:57 PM
 #185

Glad you pinpointed these exchanges, I have heard lots if heartbreaking talks about them and j would plead we take absolute carefulness when using them as for me I don't think I will near the exchanges anymore. Thank you fur the insight. It's quit a good one.

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April 27, 2020, 11:17:16 PM
 #186

I'm sure you've had a bad experience with this exchange name. but I have also done exchanges on this exchange [latoken]. and I'm fine and don't feel any clumsiness here. but the trade that I do only has a small amount.

Honestly, the list will be long if we will to include those shady exchanges with fake volume and all. Now that the number of crypto exchanges are growing, expect that the wash trading will be everywhere to make them appear that they have active trading going on. If you are a trader, observe first the movement of the specific coin that you wanted to trade, you can already see if there is trading manipulation going on. You have to get away from those exchanges because it is hard to compete with those bots.
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April 27, 2020, 11:59:19 PM
 #187

You are very right with your list and as they are all scam exchanges. They always list project that doesn't have a real use case scenario and they are characterized by fake volume. I am still wondering those who are using those exchanges

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April 28, 2020, 08:47:52 AM
 #188

You are very right with your list and as they are all scam exchanges. They always list project that doesn't have a real use case scenario and they are characterized by fake volume. I am still wondering those who are using those exchanges
Maybe who still use those Exchange is bots that were created by Exchange to deceive us. I personally never used the Exchange until now because of their bad reputation in Crypto Exchange. Maybe people who are still using those Exchange are affected by the fake volume they see.

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April 28, 2020, 09:14:12 AM
 #189

Vindax at fist I thought it was a decent Exchanges but soon after hearing some  negatives remarks about the exchange then it's now a red flag to me. While talking about Latoken if many people consider as bad or scam exchanges then how come many projects are still opting to do their IEO and listing over another more decent and refutable exchanges in the market?
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April 28, 2020, 09:25:28 AM
 #190

I'm just trying to do my part, I know many won't care and some don't even bother to read anymore, they are just here for bounties, here is for those who cares about reading and learning.

Stay away from the following exchanges, I have bad experience with them already and I can still see few people getting caught in same trap

1. Vindax
2. Systemkoin
3. P2PB2B
4. Latoken

Not just for fake volumes and watched trade but scams, lose of funds, swapping of withdrawal addresses, you name it, have a great day
Those are the exchanges with the most fraudulent IEO projects I've ever known. For projects that want IEO in the above exchanges, I will out and never work for them. Most exchanges only make the price of the token worse because no one buys the token and no volume. Another bad exchange is Yobit, a lot of people have problems locking their accounts and stealing money on it but are not supported. Be careful with low volume exchanges and support for shit projects, we can lose money anytime.
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April 28, 2020, 10:22:43 AM
 #191

Thanks for the list of bad exchanges. Hope more people will know and put more name to the list to help spread awareness of bad or scam exchanges. Please pressure the project you followed to change to a different exchange if you see project want to list on those bad exchanges.
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April 28, 2020, 12:18:45 PM
 #192

I have done the trade on exchange P2PB2B volume false and many IEO going on here do not know how the IEO that failed too many on P2PB2B exchanges. has a bad reputation because of the exchange is not too good for investors to invest their money. many IEO price falls and the price below the price of the IEO exchange using a bot to increase their volume to get a good volume and trusted by investors when all false volumes for defrauding investors to entice them to trade in their market.


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April 28, 2020, 04:50:12 PM
 #193

Yes you are right. In this market there are lots of exchange available and many of them are not usable. They did many kind of scam like volume pump , high withdraw charge. I have some bad experience regarding latoken. They paused my withdraw for more than 8-9 days. Their is no proper customer service available. So I would suggest you guys that stay away form this kind of exchanges. And when you are going to use small exchanges please do some research forst.

This is the most weird thing I could hear. You are writing about something impossible, indeed. The only option that your statement is the truth is you made some real mistake, didn't understand it, I don't know what it could be else. Anyway, as long as I use Latoken, I've never had ANY of such issues.
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April 28, 2020, 04:58:20 PM
 #194

Yes, however there have been many recommendations and feedback for each exchange, so that way I don't think it's a reason anymore when you get scammed because of bad exchanges in this market. It's better for us to only use reputable, trusted and long-standing exchanges in this market, because only this way we will be safe and even so, there is a time for us to use these exchanges if indeed tokens can only be traded there but still use only for sale buy fast and not recommended for us to save our funds there, still be careful.

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April 28, 2020, 05:14:43 PM
 #195

Yes, however there have been many recommendations and feedback for each exchange, so that way I don't think it's a reason anymore when you get scammed because of bad exchanges in this market. It's better for us to only use reputable, trusted and long-standing exchanges in this market, because only this way we will be safe and even so, there is a time for us to use these exchanges if indeed tokens can only be traded there but still use only for sale buy fast and not recommended for us to save our funds there, still be careful.
One is selling quickly in exchange for a bad reputation so selling the token of results from the bounty will be better and it will not be a problem for those who sell so because they don't keep the assets for too long there.
Whatever it is with the exchange of a lot of negative feedback, we need to be avoided.

.
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CrownMade423
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May 02, 2020, 11:07:51 AM
 #196

The behavior of the described extensors is absolutely wild, with no way to deal with them. As a result, the way they encourage investors to invest in the blockchain market will one day disappear. But the good news is that action is being taken.

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Lexurdania
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May 02, 2020, 11:23:35 AM
 #197

yes i am agree with your suggest also P2PB2B, Latoken and coinexchnage.io is same as fraut with all crypto trader. It was a bad system all of deposit and withdarw . I just say lot of experience in this exchange so we will all stay away from these exchanges.


I am not for or against, i just gave an instance for what can i do.

Many new exchangers are emerging now, and I think we need to be vigilant in choosing exchangers to make transactions because it involves the security of the funds we have. In my opinion, choosing a large exchanger that already has a good reputation is the main thing because in addition to being trusted, large exchangers are usually only listed as good tokens or coins

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Ryushin
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May 02, 2020, 11:30:03 AM
 #198

Nothing can be done about exchanges with fake volumes but there is a way to did make people be more aware of these exchanges and avoid them at all cost, rating websites like coinmarketcap and coingecko needs to give such exchanges a very bad ranking, doing this will make newbies ignore them

WannaCry
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May 02, 2020, 07:12:32 PM
 #199

there are a lot of bad exchanges that are coming out in the crypto industry..I am using P2PB2B and I dont have any bad experience or any delay to them..

AutomaticTrade254
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May 03, 2020, 07:12:20 PM
 #200

I would say in one sentence expel them. If you get minimal information about them, please drop them in Ether.

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