Crypto Bad Exchanges

[Lantind]

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

That's right, and what you're saying is that I think everyone already knows, because exchange binance is really popular and has been visited by many investors, only on this topic everyone is recommended not to use the four exchanges mentioned.

[trauchot]

About the cryptocurrency exchanges p2pb2b and vindax, I completely agree with you, because very often I have to use these exchanges because I participate in many bounty companies that list their tokens on these exchanges, so by my experience I will say that it is better to bypass these two exchanges.

[herurist]

p2pb2b which is often discussed because the exchange is very bad many users make complaints about this exchange, and again the IEO who was there was not successful because it was too low in assessing the incoming projects so that many projects committed fraud against the money of p2pb2b exchange investors were affected but I'm glad you have added that this exchange is a bad exchange.

[Banadony]

i only trade on vindax and p2pb2b whenever i have scam projects that have no value. i used those platform to dump tokens not for real trading. i think Latoken is revolving. getting better than before. there is a lot of improvement on Latoken exchange. the Multiple IEO been conducted on the exchange has reduced. Not good to say Latoken is a bad exchange.

[fortunecrypto]

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 agree with you, these exchanges has 2 to 5 reports in the scam section and these exchanges representative here cannot defend their position, because the proof are clear and the allegations are all true, so trade at your own risk and be aware of the complaint or they will become your own complaints too.

[Balladtony77]

Bcnex and dcoin should be on the list not because of scam claims but because of their fake volumes and watched trades, many new exchanges are like this

[adzino]

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 are some weirdass crypto exchange. Like "SystemKoin" exchange? Lol, what kind of an exchange name is this? Never heard of any of these exchanges. Sorry to hear that you had bad experience using those exchanges. This wouldn't have happened if you tried to find reviews for those exchanges. I am pretty much sure people have encountered those exchanges and already reported them at least on this forum. I myself would have thought twice before trying out an exchange named "Latoken".

[smyslov]

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

We have a lot of bad exchange in the industry, not only these four that are in your list and it is the duty of traders and investors to check every exchange in the market, lest they become a victim of these exchange, and we should also very careful not hold coins that are only traded on these coins, or you will end up hostage of these coins and exchange.

[distr@yopmail.com]

Bcnex and dcoin should be on the list not because of scam claims but because of their fake volumes and watched trades, many new exchanges are like this

don't be too trusting with new exchanges, I think we have also known trade volume manipulation for a long time to do some trading to attract trade. but I think the problem experienced by BCNEX is more complicated because users cannot make withdrawals on the platform. this is very bad, somehow they can fix this. maybe it's a scam.

[Palider]

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?

I think trader of this Exchange are those newbies that think this is the right exchange to invest because they see in market cap that volume is high which is very attractive.

And maybe some traders here are selling thier Airdrop coins or participating in airdrop event of this exchange.

[electronicash]

p2pB2B exchange were already busted to have fake team member in the past but there seem to have volume in the exchange, this is probably because they have done some IEO in there were users are trading their tokens. this had become the cause of new promising exchange to rise above because of previous scam of the exchanges.

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?

I think trader of this Exchange are those newbies that think this is the right exchange to invest because they see in market cap that volume is high which is very attractive.

And maybe some traders here are selling thier Airdrop coins or participating in airdrop event of this exchange.

not really newbies but the ones that doesn't spend time here in the forum to learn about them.

[Malam90]

I have observed many exchanges use fake volume and bots as you mentioned the list of exchanges. But i am still use Vindax
 P2PB2B and  Latoken for bounty token sale as you can see many projects listed their tokens this exchanges. I haven't face any problem there but it is true that we have to be aware before investment in this type of exchange.

[zenhu]

Many exchange have been launched since early 2018. Not all of them will seriously handle their paltform. I think unfamiliar exchange just take advantages from shit token that want to get listed on market.
They got many fees from token listing, and then surely they can easily manipulate volume trades. Ignore them all, just trade your money on big exchange only.

[ven7net]

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

Of course, you are right that the crypto exchanges indicated in the list raise a lot of questions, but these are not the only exchanges that are worth talking about as doubtful. The fact is that there are a lot of such exchanges, and it is possible that even all exchanges are deceiving their users. First of all, these are the bidding volumes. And if you dig deeper, it turns out that there is generally no exchange on the market that works honestly.

[nekonyun]

and don't forget exrates exchange, this exchange traps small traders that can't wd  because fee  this exchange is too expensive, this includes fraud because this exchange fee is too high from other exchanges

[carriebee]

Numerous users already having a bad experience using this kind of exchange. Many complaints in terms of volume and some can't withdraw. Well, it is best to use another exchange and also users must be selective in using exchange that offer good services.

[South Park]

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 are other websites similar to coinmarketcap that have implemented their own solutions to try to not include those exchanges at the top since they are obviously faking their volume, it is not perfect but their list of top exchanges by volume is better because of this, however if it was up to me I will blacklist any exchange that tries to fake their volume as we know that is a huge red flag and it means the owners of those exchanges are not above lying and cheating to try to get people to deposit their money with them.

[mahilchii]

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 really appreciate you for Investing your time and listing is bad exchanges this will surely help some of us and as you mentioned most of them don't care and some of them might criticize you for this topic, but keep doing the good work as you are doing now and keep listing similar exchanges.

[pakhitheboss]

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 have not faced any bad exchange both locally and internationally. I do not think you will also face the problem if you had followed BTT before investing your money into  cryptocurrency.

[forexandcryptoauditor]

Good analysis and thanks for bringing this up. But then can we say that the projects which are holding their IEO on these exchanges are scam or going to turn out as scam later?
Many projects I see holding their IEO on p2pb2b. So extra caution is required, I would say.