Crypto Bad Exchanges

[Mighty_crypt]

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

[Rodeo02]

I agree with the list ,all of them is just using a fake volume to be known and to be able to ask higher for listing in thier exchange. Since they are claiming they are one of the top exchange base on volume.

But if you use and register that exchange you will easily identify fake trades and fake volume they do just to be in the top.

[Byakuga]

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

[Nalbo]

There are several that could be added.
Bitebtc -  scams similar to sistemkoin, they don't credit the withdrawal to users wallet.

If P2PB2B and Latoken makes it to the list, you should not ignore yobit.net, the two feels just like a newer version of yobit.

[Palider]

Coinsbit? 
Many says that this exchange is connected to P2PB2B and this 2 exchange popular by faking the volume and also listing shitcoins that don't have potential to increase price.  And if you want accurate data much better to visit Coingecko - https://www.coingecko.com/en/exchanges

[Samayuki]

Coinsbit? 
Many says that this exchange is connected to P2PB2B and this 2 exchange popular by faking the volume and also listing shitcoins that don't have potential to increase price.  And if you want accurate data much better to visit Coingecko - https://www.coingecko.com/en/exchanges

I've make several transactions on coinsbit and they never failed me for once, I even joined their airdrop and I was able to sell on the exchange for Bitcoin, I don't see anything wrong with the exchange yet

[bL4nkcode]

There are lots of them, mostly you can see them here https://coinmarketcap.com/rankings/exchanges/, especially those exchanges launch in 2018 and were ranked from 1 - 10. I'm not even familiar with those but they make a larger volume than those used by many and famous exchanges lmao.

[Free1bitco.in]

so far, I've only heard from others about this exchange. however, I have also avoided that since I saw the volume of p2pb2b, and vindax became bigger than other exchanges. In addition, there are several projects whose exchanges also require special attention such as BCNEX. however, a market like this needs to be avoided if it doesn't develop.

[cytpoway121]

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

To be frank, i do not rate those listed exchanges at all,

Vindax, all airdrop tokens i have on vindax are worth nothing but 00$.
Its been over a year i used latoken.

To be honest, you cannot avoid any crypto currency exchange because as an airdrop or bounty participants, you are linked to the exchanges one way or the other.
Most recent example is this, just 4 days back, i sold Faireum Token (FAIRC) (Bountyhive bounty token) on P2PB2B at a very good price.

My advise is this, if you are a full grown trader, then do not go near those exchanges, use the top rank exchanges always, But if you have altcoins to sell on the listed exchanges, use them, sell your altcoins, and withdraw your assets immediately.

I am not for or against, i just gave an instance for what i would do.
DYOR and be responsible for any exchange you trade with.

[qazgroup]

Yeah, the list goes on even further, i would like to add and alert the xommunity about:
Bcnex
Ironx
These two exchanges have been deceiving their community and sadly i think bcnex is already scam because they are not sending withdrawals while ironx has been under develooment for over 2 years now and the development never seems to end so there is no use depositing in that exchange because it has no volume and your funds can get trapped.

[Raflesia]

4 This exchange is indeed bad. Many people have been trapped in this exchange. A lot of funds are stuck and it is difficult to return their services. It is also very bad, so it is worth the exchange to have a bad reputation.

If it's like this I will never use this exchange again afraid of being affected when I trade my account funds.

[Davian144]

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 here who only want to get rewards from the bounty also need more learning, because not all bounties are paid according to the rules, so those who only hunt bounties without learning are worth it, and I also strongly agree that we all must stay away from the four exchanges you mentioned, and there are three more exchanges that everyone must stay away from, namely CGCX, IRONX, and BCNEX, because they are all scams.

[cahbagus555]

In my opinion, it's best to trade with exchangers who already have a large reputation and have large transaction volumes. Binance is one of the favorite exchangers of many investors because of the large transaction volume and ease of transactions

[tippytoes]

4 This exchange is indeed bad. Many people have been trapped in this exchange. A lot of funds are stuck and it is difficult to return their services. It is also very bad, so it is worth the exchange to have a bad reputation.

If it's like this I will never use this exchange again afraid of being affected when I trade my account funds.

The OP might be referring to Sistemkoin exchange. Sometimes the spelling matters as there are a lot of exchanges imitating and copying the names of exchanges.

https://sistemkoin.com/

Also, I encountered this recently with allegations on sistemkoin. So please be careful in using that exchange or if possible, don't use it at all.

https://bitcointalk.org/index.php?topic=5230892.new#new

And all the other exchanges mentioned by the OP are really shady ones. I haven't had the chance to use them because I already avoided them because of countless complaints so I can't really attest about their shady dealings. But if you can avoid them, I think it is better that way to avoid losses.

[Japinat]

Awareness is very important so great job on sharing your experience.
I have also read a lot of negative comments about the exchanges in the OP, so I myself would not use this exchange.

I continue to stick using my old favorite exchange which is Binance and Bittrex, and I am contented with these 2 since I am not an active trader.

[BlackFor3st]

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

These kind of exchanges should be punished if possible as they are giving bad example to those exchanges that are genuinely rendering their best service to their customers. I also experience and use P2PB2B exchange before and I didn't like what I experience as they have plenty of shady transactions, aside from their fake volume they have also bots that are automatically buying and selling some tokens but if you are going to sell your assets then you can't do it.

I haven't experience the other exchange that you have mentioned but I will make sure that I will avoid them.

[khiholangkang]

Coinsbit? 
Many says that this exchange is connected to P2PB2B and this 2 exchange popular by faking the volume and also listing shitcoins that don't have potential to increase price.  And if you want accurate data much better to visit Coingecko - https://www.coingecko.com/en/exchanges

I've make several transactions on coinsbit and they never failed me for once, I even joined their airdrop and I was able to sell on the exchange for Bitcoin, I don't see anything wrong with the exchange yet

Only a few people have problems with coinsbit, I've also seen someone who has large funds there and his account is blocked for no reason.
He is very smart, not everyone gets into trouble because if it's like that it will be easy to find out their cheating

[tiang_tower]

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

There is no need to expose too far about them, because we can see from some scam victims that occur in the four exchanges, so this can be a reference for us all to stay away from the four exchanges.

[TopTort777]

OP, could you be more precise why these exchanges are bad? Share your experience with them.
I know, there are lots of topics with negative feedback and reviews on the internet. But some of they might be written by competitors.

I personally heard lots of negative about p2pb2b, but used latoken few time and didn't have any trouble with it.

[Pecunia non olet]

What is the motivation to trade on this doubtful exchanges? Lower fees? Binance has 0.1% trading fees. Higher security? Coinbase never been hacked. So what is the real deal on this exchanges?