Crypto Bad Exchanges

[emrecemsan]

Yobit is the worst cryptocurrency exchange I've ever used. I had tried to withdraw bitcoins from Yobit in the past and they didn’t make my payment for 4 days. They don’t give any confidence. I am not the only person thinking like that since we all know that there are already quite a lot of anti-Yobit members in the forum.

[glowing10]

I think the best way to figure out whether an exchange platform is ok or not is to check it from coinmarketcap. Check the volume of the exchange. If the volume is one of the highest one for the pair you wanna trade, you can try it.

Also, check how long the exchange is being existing and how is the feedback form the users. Also can check some other threads in this forum which users post what problem they are facing on that exchange etc so that accordingly you can review it. But also, if anyone is a long term holder then do not keep coins on any exchange for that matter to eb safe than regretting latter. 

[Marc7085]

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.

I'm not sure about other exchanges but I've had decent experience with Latoken. Created my account with them about 6 months ago. Guys I think it has more to do with our own understanding and knowledge than exchanges. Not everyone is a winner even on S&P 500 every time. Last thing we want in blockchain world is monopoly. Don't let one exchange control everything. We definitely need exchanges like Latoken and others for fair competition. Just my two cents...

[geyayy]

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 true, Coinmarketcap isn't really checking if the volumes are correct. Maybe it is programmed on that way for faster listing, but hopefully their devs will fix this kind of mess.

[centralcurrency]

P2PB2B is worst exchange.
ICO always failed.
Vindax is also same category.
Your list 8s just correct.

[Santri]

Vindax, P2PB2B and Latoken are very bad exchanges and I always avoid those exchanges and never even use them and besides that there are also many exchanges that have the same reputation, I just recommend friends to use exchanges that already have big names (top 10 exchanges) so as not to experience problems in the future

[kotajikikox]

Vindax, P2PB2B and Latoken are very bad exchanges and I always avoid those exchanges and never even use them and besides that there are also many exchanges that have the same reputation, I just recommend friends to use exchanges that already have big names (top 10 exchanges) so as not to experience problems in the future

Does these exchange can can go above the Shits of YOBIT?i don't think there will be baddest exchange than that one  in the History of Bitcointalk i don't know outside this forum.

P2PB2B is worst exchange.
ICO always failed.
Vindax is also same category.
Your list 8s just correct.

Looks like VINDAX and P2PB2B are the most mentioned by Bounty Hunters .

[Tipstar]

Vindax, P2PB2B and Latoken are very bad exchanges and I always avoid those exchanges and never even use them and besides that there are also many exchanges that have the same reputation, I just recommend friends to use exchanges that already have big names (top 10 exchanges) so as not to experience problems in the future

Does these exchange can can go above the Shits of YOBIT?i don't think there will be baddest exchange than that one  in the History of Bitcointalk i don't know outside this forum.

P2PB2B is worst exchange.
ICO always failed.
Vindax is also same category.
Your list 8s just correct.

Looks like VINDAX and P2PB2B are the most mentioned by Bounty Hunters .

VINDAX and P2PB2B also have many accusation about frozen accounts and missing withdrawals. YOBIT is shady and runs many ponzis but they have lesser accusations in recent times. Latoken is infamous for their fake IEOs.
Another exchange that should be in the list is Livecoin. It has a lot of accusations but are still popular.
Bitebtc is another scam exchange that is still active but doesn't let you withdraw, some people are still falling for it.

[escalante28]

There are a lot of cryptocurrencies exchanges controversies in the past months and days as well. One issue is that they are manipulating the volume of trades on their platform, another is luring the users using their campaigns. And lots of allegations to their heads or management. Just recently is the issue of Okex which suspended the withdrawals and that caused so many worries from their users, as of today withdrawals from their platform still closed. So let's wait for their action in the next days. Hopefully, it will get fixed ASAP.

[nrvasquez]

TBH never heard systemkoin before, but for some reason i also don't like p2pb2b and latoken. because they have a lot of fake volume and some of the wrong ways to do a good business

[Hasan905]

if you look into Vindax deeply, they didn't even complete their development works nicely, there have news like, they list for a very cheap rate after that ask team to pay them for creating volume by market making, if any team doesn't come with their mm plan then they delist them without any notice. And p2pb2b charge projects too much for their shit exchange with a big amount of fake volume, I am surprised that after knowing all of this, projects are still listing there with a big amount of listing fees.

[bitpotter]

Vindax, P2PB2B and Latoken are very bad exchanges and I always avoid those exchanges and never even use them and besides that there are also many exchanges that have the same reputation, I just recommend friends to use exchanges that already have big names (top 10 exchanges) so as not to experience problems in the future

So far I haven't heard of the three exchanges you mention. After reading your comments I agree and will not use the exchange for trading. Looks like binance and bithumb are still the best choices for me.

[Mehedi72]

I Had the same exprianced during use those exchanges.specially Vindax and systemkoin, both exchange are cheater, has full of negative review.probit & p2pb2b, both exchanges has good trust score on coingecko.that's why i go there for sell some tokens cause can't stop myself going there if my tokens are only available on those exchange! & i exprienced, there are full of fake volume, mainly annoying bots trading

[cdog]

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 true, Coinmarketcap isn't really checking if the volumes are correct. Maybe it is programmed on that way for faster listing, but hopefully their devs will fix this kind of mess.

There may be errors in installing the system or the system takes time to update from the real market. This is a fatal mistake made by Coinmarketcap even though Coinmarketcap has been around for a very long time.

[coiner-88]

I think 2 trades in the rundown which are Latoken and p2pb2b and no issues. It is decent that a part as you do put forth an attempt to advise all us here about those awful trades for us to know about it. Just let him store his sum and demonstrate the validity of mindfulness that has just made by OP. I felt that will cause him to acknowledge what's going on this moment.

[suparigach]

Coinsbit has added a new exchange.

[icekohl]

You can easily judge a exchange as good or bad when it comes to their UI experience, then look at the liquidity on the orderbook. Most of the exchanges you mention use bots with very low liquidity, so looking at that I will decide not to use it.

[fosco333]

There are many bad exchanges in cryptocurrency, and i remember one, it is BCNEX exchange.
It is a new exchange, but now their website is on maintenance since few months ago and not yet over.
Many user's coins are stuck there because they cannot withdraw their coin from the exchange.
My advice is never deposit too much coin on new exchange unless you know they are very trusted in crypto.

[distr@yopmail.com]

You can easily judge a exchange as good or bad when it comes to their UI experience, then look at the liquidity on the orderbook. Most of the exchanges you mention use bots with very low liquidity, so looking at that I will decide not to use it.

actual exchange usage also depends on our usage. sometimes we are also forced to use an exchange that is not good even with small liquidity because the tokens we have are only listed on such exchanges. the use of BOT is actually also widely used by large exchanges but in certain assets. Each person's assessment will of course be different for each experience that is felt when using the platform.

[Alohadanc3]

There are lots of exchanges available in the market. And very few of them are doing their business properly. Most of the exchanges are doing what are wrong for users like high withdrawal fees, withdrawal limits are higher than deposit limits, not clear about trade amount, or high trading fees and one more thing is use of bits to create fake volume and volatility. So be careful when you chose a unknown exchanges. I would suggest you read some reviews or something before deposit your assets into any unknown or small exchange.