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Author Topic: All Exchangers scamming now  (Read 561 times)
Polo7
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October 17, 2020, 05:31:59 PM
 #1

Exchangers are scamming now!!
Nobody Can't earn money anymore bots are all over Exchangers!!
What's Next big Exit scams When they take finally Our money?

Is any of the thiefes Here?
Can explain Why they scam now?
Its coz the Exchangers Will soon take all Our money? 

Wtf is Going on?  And cashing outs are slow and support not Reply?
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October 17, 2020, 05:38:38 PM
 #2

My one and only question to you here is that when you know that you are being scammed, are you intentionally leaving your money on the table for the bots to take it away from you?
I do not think that the bots have the ability to continuously manipulate the markets, they are set by their respective traders to let them buy/sell stops hit at their desired price. Whale bots can bring wicks to liquidate small traders every once in a while but you cannot say that there's a wick in every candle.

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October 17, 2020, 07:43:34 PM
 #3

Bots just following movement, doesn't mean you will lose by it, and which exchange you mean ? i still can earn a money on spot or leverage. btw, i have a option for you, why u didn't try bots too ? since u think bots always take your money, why not use them ?

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October 17, 2020, 11:56:11 PM
 #4

I think its because the regulatory environment around cryptocurrencies are becoming stricter with each passing day. Earlier today, Okex suspended all withdrawals on their platform simply because one of their key holders was arrested. We might see more similar situations as this in the near future. It is recommended to store funds on personal wallet to escape issues like this.


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October 18, 2020, 02:01:28 AM
 #5

Exchangers are scamming now!!
Nobody Can't earn money anymore bots are all over Exchangers!!
What's Next big Exit scams When they take finally Our money?

Is any of the thiefes Here?
Can explain Why they scam now?
Its coz the Exchangers Will soon take all Our money? 

Wtf is Going on?  And cashing outs are slow and support not Reply?

Calm down, tell us what exchange did you use and you think that's scammed you. About bots, it's been already in all exchange sites since long time ago and you can find few of trading bots on this forum too, which isn't a new thing.
About cashing outs are slow and support isn't t
replying, it's back to them again whatever they can reach your ticket

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October 18, 2020, 02:43:52 AM
 #6

Don't be paranoid.

Exchangers are businesses but they are not scamming, this is for the legitimate exchanges. But if you are using a new exchange and a scam exchange, obviously you'll be getting scammed.

And for the most good exchanges, if nobody is earning from them anymore then nobody will be using the manymore.

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October 18, 2020, 05:08:31 AM
 #7

Exchangers are scamming now!!
Nobody Can't earn money anymore bots are all over Exchangers!!
What's Next big Exit scams When they take finally Our money?

Is any of the thiefes Here?
Can explain Why they scam now?
Its coz the Exchangers Will soon take all Our money? 

Wtf is Going on?  And cashing outs are slow and support not Reply?


Don't say that all exchanges are scam. Because if you want to prove it that all exchanges was scam give us an example or that points you cant say if you don't use all exchanges one by one. Maybe you don't choose a good and popular exchanges to say that.

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October 18, 2020, 06:03:45 AM
 #8

I still believe the exchanges are not scamming us because we can still make a profit from trading. Perhaps you have the worst experience of trading in the unknown exchanges or doing something bad in the exchanges. As long as you don't trade in the unknown exchanges and stay away from them, I am sure you will not get bad things with your funds.

You should only use recommended exchanges to trade, so you don't have any problem, and make sure you follow all of their rules to avoid the problems. Or perhaps, you can tell us which exchanges that scam you so that we can help you to find the solutions.

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October 18, 2020, 07:02:45 AM
 #9

The first thing to come our mind is that exchanges is a custodial type, because on this thread, the op is generally talking about custodial exchanges, these exchanges do not give users any private key, they are the one managing the cryptocurrencies the users stored on their exchange. If we do not have the private key, how are we going to control out funds, it is not possible. Private keys are very vital to coin control. Exchanges as they seem to be, are making use of hot wallet to store users funds, and they are often tried by hackers to be hacked, that is why many exchanges have been hacked while hackers steals millions of dollars worths of cryptocurrencies, especially bitcoin and ethereum. So far we know about this, we should not store our funds on exchanges, storing it on wallet is better, it can be difficult especially during trading to move your funds to exchange and trade and send it back to wallet, but it is better than leaving coins on exchanges. About the issue of bots, exchanges can not scam people through this, cryptocurrencies are tranparent in price, exchnages can not manipulate this at all. If a trader lose, he is responsible for the loss because he predicted wrongly.

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October 18, 2020, 07:39:33 AM
 #10

Then make bots fight against bots if that's your point. Bots are quite limited in what they can do, and sudden movements are out of their specialization imo, which makes people personally doing trades have an advantage to it. Plus, bots don't really predict anything and only follow a set algorithm, so if left alone for a certain period of time, it may make you lose your funds quite quickly, so really, blaming bots for whatever is happening in exchanges (whatever you think it is) is quite pointless. Cashouts and support not responding? Probably go to a better exchange then simple as that. Also big exit scams aren't really new or anything, it's still happening in fact afaik.

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October 18, 2020, 09:44:03 AM
 #11

It's true most of the new exchange, projects right now are just up for profit and easy money by deceiving others and not providing the solutions or project they are proposing.
In regards with your question

Is any of the thiefes Here?

I think you know the answer by just looking at your own trust profile.

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October 18, 2020, 12:00:45 PM
 #12

Exchangers are scamming now!!
Nobody Can't earn money anymore bots are all over Exchangers!!
What's Next big Exit scams When they take finally Our money?

Is any of the thiefes Here?
Can explain Why they scam now?
Its coz the Exchangers Will soon take all Our money? 

Wtf is Going on?  And cashing outs are slow and support not Reply?

If that exchange makes you feel like this, then better to look for the great one, not all exchange are scam some are still running smoothly and all you have to do is to educate yourself and start looking for the legit exchange so you wont feel that way again. If you are doubting the exchanges, and can’t afford to take the risk you can just but a coin/token and hold it using your own wallet where you have the keys, panicking wont help.

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October 18, 2020, 12:24:57 PM
 #13

In high liquidity exchanges, the role of bots has little effect on the activity of non-bot traders. The bot only follows the global market scenario (for the top coins). In this case, it looks like you need to improve your trading strategy, especially emotional control is very important when market fluctuations increase suddenly.

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October 18, 2020, 02:12:09 PM
 #14

It is quite common even in many years before. And yet, there are people making money with it  Grin

Dont blame an exchange if you can not have profit. You should criticize yourself of being ignorant in this market. Trading is never a easy job since you have to compete with thousands of other people and sharks. The more experience you have, the longer you survive.

I find trading is the same after many years. Even in stocks, forex or in crypto trading. There is no way you can avoid bot in trading. You have to agree with that truth. Many traders around this area are currently using bot. Are they scammers too? I dont think so. People have their own way of earning money.

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October 18, 2020, 02:14:30 PM
 #15

Im ok with bots as long as they are providing volume and liquidity we cannot avoid bots in trading even in dex has many bots for example in Uniswap with high trading fees because of eth chain compared to cex this bots continue to trade 24/7 as long as profit been hit so if you want to earn profit you have to outsmart this bots and use your skills to earn more I know many scam exchanges are created almost every week I advised just use exchanges which is proven and legit DOnt ever use new exchanges with no reputation at all.

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October 18, 2020, 03:11:40 PM
 #16

Looks new to you?
Better stay with the industry and you will see it quite often.

What kind of example do you want? Mt. Gox?  Grin
This kind of thing had been happening most of the time.
ICO exchange projects turning out to be scams but they really look promising from the start.
You are in the best forum for exchanges, might as well look around a bit more.

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October 18, 2020, 04:00:21 PM
 #17

If you are wondering that you will earn money quickly from trading on the exchange, then you are in the wrong way. Like other platforms, there is no shortcut way to earn money from exchangers. Bots are on every exchange and it's nothing new here. But if you don't have enough patience then trading isn't for you. Do you think no one getting profits from the exchange? I don't think so, otherwise, no one will trading on the exchange. Before trading you have to choose a reputed one, so you will have less fear of exit scam by exchanges.

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October 18, 2020, 05:00:04 PM
 #18

Exchangers are scamming now!!
Nobody Can't earn money anymore bots are all over Exchangers!!
What's Next big Exit scams When they take finally Our money?

Is any of the thiefes Here?
Can explain Why they scam now?
Its coz the Exchangers Will soon take all Our money? 

Wtf is Going on?  And cashing outs are slow and support not Reply?

Unless you are accusing the exchanges of using their own bots to manipulate the market I do not see how this makes sense, a bot is just a set of instructions about how to react to the market in the case certain circumstances happen, a bot being used by a trader is not going to magically make money, it needs to be coded with instructions that allows it to make money over the long term and most people do not know either how to code or how to trade the markets and profit from them, so I think you are exaggerating the problem and if you cannot beat the bots then you should not be trading anyway.

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Shohanur
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October 18, 2020, 05:31:52 PM
 #19

We can't say that every exchangers are scamming because there are a lot of exchanger till now and these are safe for our asset. But it is a wiser decision to not store all the money in a exchanger.

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Becky666
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October 18, 2020, 05:50:28 PM
 #20

Quite confusing here because last time I checked most cryptocurrency exchanges has been using bots for their ease of doing things. Trade isn't just what you hear of people said about it, if you don't have the needed experience for this industry then just keep off. Don't think about quick money to venture into trade. Believe me, good and reputable cryptocurrency exchange won't delay in reply for any queries from exchangers.

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