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Author Topic: Crypto Bad Exchanges  (Read 4672 times)
dataispower
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August 21, 2020, 12:53:16 PM
 #381

Many small exchanges have bad trading volumes that's why they are forced to use fake volumes sometimes, I don't blame them completely like that, it's a must to make things looking good on such exchange but as for p2pb2b exchange it's a different case, the reason why I hate this platform is because of worse results from all IEO launchpad that took place on the exchange

I pity those who participate in IEO done on shitty exchanges like P2PB2B, even after seeing their failure over time wrt IEOs. Talking about trading on small exchanges with fake volumes, I do not even think about going close to such exchanges after learning the hard way. Even if I must trade on such exchanges with low reputation, it must be my last option or I'll trade small amount of funds, risk management is vital.
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August 21, 2020, 01:06:06 PM
 #382

1. Vindax
2. Systemkoin
3. P2PB2B
4. Latoken
Thanx for share your experience which is so bad with those exchanges .I never used those four exchange .I always try to use top exchange where there is no way to get any scam or loss any capital .

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August 21, 2020, 01:07:51 PM
 #383

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

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budi691
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August 21, 2020, 02:43:56 PM
 #384

yes I agree if choosing Vindax exchange, P2PB2B plus BCNX is a problem, I can't withdraw and lose my coins, and I have left it, but for LATOKEN I don't think there is a problem and I'm still making transactions on this Exchange.
Untomabur
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August 21, 2020, 06:22:43 PM
 #385

yes I agree if choosing Vindax exchange, P2PB2B plus BCNX is a problem, I can't withdraw and lose my coins, and I have left it, but for LATOKEN I don't think there is a problem and I'm still making transactions on this Exchange.
p2pb2b has a problem? I think only Vindax and Bcnex are currently experiencing problems, I do not think that p2pb2b has a problem,
because yesterday I also used the exchange and it was smooth, deposit and withdrawal were successful

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Icologies
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August 21, 2020, 06:31:05 PM
 #386

many markets are now deceiving traders This usually occurs in new markets and small markets that have little interest they dare to put up a fake volume on every coin by using a bot as if the volume looks big, I use a small market only to sell my assets that I got from the bounty if to trade and use my personal capital I choose Binance as my trading place

shoreno
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August 21, 2020, 06:37:51 PM
 #387

I use a small market only to sell my assets that I got from the bounty if to trade and use my personal capital I choose Binance as my trading place
We are on the same shoe . I don't do bounty but only airdrop on some third party site and basically airdrop coins are same as bounty coins that will only end up on smaller new exchange  . No choice but to sell them than wait for the unsure future of my coins  .

It's mostly rare that a new coin will be listed on better exchanges but other than that I only buy and sell major coins on major exchanges  .
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August 21, 2020, 07:28:59 PM
 #388

I am also scared of coinsbit. The IEO they list there is mostly wash. Come with a token trade it an dump it. The way they have been hyped made so many people not aware.

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Smitty Werben Man Jensen
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August 23, 2020, 03:13:59 PM
 #389

Many of us even though only care about bounty opportunities but knowing about which exchange is bad and untrusted also helps if we deciding on bounty projects to participate in. Any bounty project list on these bad exchanges will receive a red flag from me.

the bounty of the project on p2pb2b or Vindax is all meaningless, like TLS and Kingcasino, take a look!,
these two projects if I see have very potential, but ended sadly, avoid the project from bad exchange

landoffaucets
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August 23, 2020, 04:34:44 PM
 #390

Binance is one of the most profitable company in the world. They cumulative profit was $1 billion, that is more than some US. Since the market is new, everyone wants to be a new Binance and that´s why we see so many new crypto exchanges. It is much easier to create a crypto exchange than a bank or any other financial institution, while profits are much higher.  Wink So be careful and use only reputable exchanges, who knows how long new crypto exchanges survive.
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August 23, 2020, 04:34:57 PM
 #391

Latoken defintely is a bad exchnage, they are faking volums and possibly amounts of IEO collected amounts. Basically when I see that token is going to be listed in Latoken, it is clear that the token value will be close to zero.

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August 23, 2020, 05:06:51 PM
 #392

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

yes,
I agree with you bro ..
I don't recommend p2pb2b at all,
according to my experience:
1. IEOs fail frequently
2. fake volume of most bots.
3. WD fee is quite high compared to other markets
4. the WD process is quite long, sometimes you even have to chat support first.
5.The promised airdrop value was est. 10 $, but in fact it was less than 1 $ (my experience)

and maybe you all want to add. ; D; D

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September 27, 2020, 04:24:05 AM
 #393

I've checked those exchanges and no doubt about how worst exchange they are! Every single thing is fake there. Even they pretend they are best, so that they could  make themselves attractive to innocent traders. Stay yourself away from them as well as all of those IEOs, launched by those exchanges.

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September 27, 2020, 11:21:07 AM
 #394

Yes in this market there are lots of exchanges available. But not all of them are trustworthy. Very few of them are legit. I have bad experience on a exchange called cat.ex. mostly these type of exchange do a lots of shady works. And fake volume is the main thing. Almost all these shady exchanges do a lots of thing like bad quality ieos, high withdraw fees and all. So beware of these exchanges and don't use them. And if you have to use them then I would say be careful. That's it.

judaspriest
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September 27, 2020, 12:15:05 PM
 #395

I've checked those exchanges and no doubt about how worst exchange they are! Every single thing is fake there. Even they pretend they are best, so that they could  make themselves attractive to innocent traders. Stay yourself away from them as well as all of those IEOs, launched by those exchanges.
IEOs that are always launched on these exchanges are indeed bad,
I have participated several times and it ended up disappointing,
of course this is a lesson to us that IEOs must be on the top exchange in order to have good value

Jateng
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September 27, 2020, 01:45:38 PM
 #396

I've checked those exchanges and no doubt about how worst exchange they are! Every single thing is fake there. Even they pretend they are best, so that they could  make themselves attractive to innocent traders. Stay yourself away from them as well as all of those IEOs, launched by those exchanges.
I agree. I don't personally advice them to use it. Its better to use other exchange sites rather than them. Most of tokens that launching to these exchange sites failed because of bad reputations. Some trades also don't trust these exchange sites. Sometimes its can be possible to be successful but its not be long as other tokens.

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September 27, 2020, 03:43:08 PM
Last edit: September 27, 2020, 04:00:33 PM by jajorforce
 #397

That's really unacceptable, how these scam exchanges are still active with fake volume. During 2017, so many users supported forkdelta/ etherdelta or idex exchange but now check these exchange conditions. I had a bad experience with p2pb2b and Latoken experience. I won't use this exchange. It is more interesting that these exchanges could run IEO.
Paycoinzzz
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September 27, 2020, 05:23:44 PM
 #398

The most annoying part about these crypto exchanges is their ranks on rating websites e.g coinmarketcap, I wonder how this website get so blind and over look the fake volumes and watch trades, they need to be exposed
This is actually a game of money. Big exchanges don't need to use money to buy their reputation, they only use money to attract traders to their exchange. As for shit exchanges, they use the money to cover the eyes of the top crypto market rating sites. Coinmarketcap is one of the typical examples, they themselves accept fake volume metrics coming from shit exchanges like Vindax, P2PB2B, Latoken, Probit, ... that made things fake.
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September 28, 2020, 07:10:08 AM
 #399

Perhaps we should also consider that good exchanges can run into problems. It will not be the first time that good exchanges have become the target of hackers, because they know that there are many customers on them and therefore much to be gained. The question then is whether you should label such an exchange as bad, since they did not cause any problems intentionally.

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giammangiato
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September 28, 2020, 08:05:30 AM
 #400

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

I had bad experiece with HitBtc and with another chinese exchange that scammed ad was not possible the access to my funds. Since that I started to use only accreditated exchange like Binance, Kucoin and Coinbase Pro

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