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Author Topic: All Exchangers scamming now  (Read 562 times)
MCDev
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October 21, 2020, 08:38:50 PM
 #61

The crypto market is risky and it can also bring you a lot of profits, you shouldn't blame the exchanges for your losses.
In fact a lot of big and reputable exchanges are still active every day, if all of them are scams then no one will use them.
You should transfer your investments to a large exchange like Binance and huobi, they won't fool you.


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barbara44
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October 22, 2020, 09:03:37 AM
 #62

The crypto market is risky and it can also bring you a lot of profits, you shouldn't blame the exchanges for your losses.
In fact a lot of big and reputable exchanges are still active every day, if all of them are scams then no one will use them.
You should transfer your investments to a large exchange like Binance and huobi, they won't fool you.
Yeah and a lot of people are not aware of the fact that the trading exchange is just a medium and people create buy and sell orders so it is not the exchange who is determining the price for any coin and they just earn commissions on each trade so they don't have to scam anyone in my opinion.

You rightly said one must trade at Binance and other giant exchanges but really the truth is that even trading there won't change your financial loss you had on previous exchange because it is not the exchange's fault if you are bad at trading instead it is time to realize that you need to learn about trading and better exchange will only secure that your profits are safe but the procedure remains the same for all exchanges.

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October 22, 2020, 09:39:32 AM
 #63

Don't accuse all exchanges scams, because there are still many reputable exchanges. If we detect that there is bots trading activity
on the exchanges we are using and it is hurting us, please leave those exchanges. Because there are still many reliable exchanges,
which always maintain their reputation. Therefore always be careful about choosing exchanges, because good and trusted exchanges
always give the best for their users.

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October 22, 2020, 10:47:58 AM
 #64

Exchangers are scamming now!!
Nobody Can't earn money anymore bots are all over Exchangers!!

Using bots on exchanges has nothing to do with scamming and even you can create your own bot and use it easily to catch the best prices since bots can execute orders way faster than a real person and even if you are really fast in placing orders you still will be behind in comparison, it's not against the rules at all to use bots and automated trading tools to trade and place orders and traders usually use them specially when they are sleep or have no access to the exchange/internet or busy somewhere else, that being said if you are not a very short-term or day trader and you buy a coin and sell for example a week/month later or sth you don't need them that much anyway and they are mostly used for scalp trading, short-term trading and leveraged trading.
Lordhermes
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October 22, 2020, 03:02:22 PM
 #65

You seems everything in the cryptospace is a get rich scheme, I'm just curious you mentioned that all exchange is a scamming, I doubt and disagree with you OP for your statement, you might have failed to research more on good exchange that's why you keep complaining about that. Binance is a good exchange that have good security systems, that stored coin in a custodial wallet, but never keep your coin in exchange for a long time because its dangerous, its just a matter of trading coin for a right exchange and store for noncustodial wallets.
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October 22, 2020, 03:20:18 PM
 #66

you have a problem on the exchange that you use  . please  dont blame the other exchange because the rest of the exchanges are doing thier best  .

what is the name of the exchange again? slow cash out can be cause by small withdrawal fee but if the fee is high there are traders that will complain  , what are you guys really want but having a poor  support is unique disadvantage  . thats a total turn off if im the costumer and if im the curstomer ill find a better exchange with a good quality support

but for the bots , thats not the exchange fault afaik but greedy traders can program that .
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October 22, 2020, 07:02:38 PM
 #67

Since you use the word "our money", maybe you recently experience a big loss that's why you are whining here. Don't blame those trading bots or something but rather improve your strategy instead.
That indeed seems like the case and people who are new into trading will face a loss and then get mad and spam everywhere that crypto trading is scam and here in his case he is calling the exchanges as scam, by the way it is exchanges not exchangers because exchanger is the word used usually for people who exchange between paypal to BTC or such stuffs.

Trading is not as easy as you think.
Only if this one thing people realized and stopped trading would save saved a lot of money for them. Everyone jumps into trading expecting to earn a lot but let us not forget whether it is stocks market or crypto trading it is not easy at all and even guys doing it for years face loss at times.

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October 22, 2020, 07:12:10 PM
 #68

If we focus on the bad side of crypto we will always see the bad side of crypto, I am not saying it is not there, it is definitely there and it happens and there is a huge bad side of crypto that I can't ignore, all the scamming, fake tokens, scam companies (like exchanges) or projects, bad teams and all around a lot of bad stuff we could find if we look for it and focus on it.

However there is a much bigger good side of bitcoin as well, people should also focus on that, we are talking about hundreds of billions of dollars worth of market that we created from zero in 10 years, that is not really something anyone could achieve, even amazon and Microsoft and other places took decades to reach the levels where we are right now, so we should be very proud of what our market is doing right now.

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October 24, 2020, 04:29:45 PM
 #69

you have a problem on the exchange that you use  . please  dont blame the other exchange because the rest of the exchanges are doing thier best  .

what is the name of the exchange again? slow cash out can be cause by small withdrawal fee but if the fee is high there are traders that will complain  , what are you guys really want but having a poor  support is unique disadvantage  . thats a total turn off if im the costumer and if im the curstomer ill find a better exchange with a good quality support

but for the bots , thats not the exchange fault afaik but greedy traders can program that .

What are those rest of the exchanges that are doing their best?, I actually believe most of the exchanges by the exception of a very few are at the very least shady if not a total scam, some of them create fake IEOs and with that attract investors into their platform, and some other ones freeze your funds for made up reasons and ask for KYC all of a sudden while it wasn't any mention of this in their TOS, also almost all of them have fake liquidity and trading volume which creates a large spread and these are only some of the problems with big majority of exchanges.
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October 24, 2020, 07:25:10 PM
 #70

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 you have been scammed by a single exchange, that doesn't mean that all exchanges are scam and fake. I think you had a bad experience in trading yet that doesn't mean that you have to generalize all exchanges as a scam because there are still lots of trusted and legit exchanges these days. It's really important for us to do research or find good reviews of the exchanges first before choosing the best one so we'll never regret things when we do the actual trading.
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October 24, 2020, 07:52:38 PM
 #71

~.....~~~

If you have been scammed by a single exchange, that doesn't mean that all exchanges are scam and fake. I think you had a bad experience in trading yet that doesn't mean that you have to generalize all exchanges as a scam because there are still lots of trusted and legit exchanges these days. It's really important for us to do research or find good reviews of the exchanges first before choosing the best one so we'll never regret things when we do the actual trading.
A normal reaction or behavior of some people where they do give out the blame to all when they just get scammed or do have bad experience with a single platform which
he do talk about or making it generalized that all of them are scammers.Well, its his own view but it isnt really right to have that kind of perception yet there are indeed
lots of a legit platforms at the moment on where you can make use of them.Just op had make use of those platforms which are shady ones, thats why research on everything
is really needed specially if you are dealing with some value or making out some investments.

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October 24, 2020, 08:07:58 PM
 #72

Before making such big claims, can you please share which exchange has scammed you? I use quite a few of the top exchanges and I have never been scammed. Why would you register and put money in an exchange which has scam allegations or bad-will? One should be smart to use exchanges that have established a good-will and are known to be trust-worthy!
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October 25, 2020, 03:26:17 AM
 #73

Exchangers are scamming now!!
Nobody Can't earn money anymore bots are all over Exchangers!!
I mean, why you did not leave after knowing that those exchanges are using bots? If you ever find trading bots on that exchanges that leads you to get nothing, then just leave it immediately. It's not worth it to compete with bot, you just lose your money anyways. If more people go to that exchanges and give it more exposure, it won't die later.

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October 25, 2020, 04:53:28 AM
 #74

Exchangers are scamming now!!
Nobody Can't earn money anymore bots are all over Exchangers!!
I mean, why you did not leave after knowing that those exchanges are using bots? If you ever find trading bots on that exchanges that leads you to get nothing, then just leave it immediately. It's not worth it to compete with bot, you just lose your money anyways. If more people go to that exchanges and give it more exposure, it won't die later.
Bot running more than faster when first time new coin listing on the market, I have try with many exchange when listing new coin and we can't buy or sell coin depend with price order, always have bot how to make our order broken and take left under bot order position. I think is not worry because we can wait awhile for our order filling and take profit depend how lucky with coin price. Without bot look empty with coin price and not change anymore, always keep the same and not move to higher or lower price without bot and take profit on future trading impossible if bot not working anymore. Almost exchange use bit but depend with some exchange use crazy bot with large transaction between sell and buy order.

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October 25, 2020, 05:05:52 AM
 #75

Before making such big claims, can you please share which exchange has scammed you? I use quite a few of the top exchanges and I have never been scammed. Why would you register and put money in an exchange which has scam allegations or bad-will? One should be smart to use exchanges that have established a good-will and are known to be trust-worthy!

I don't think any exchange scammed him. He probably lost money trading using high leverage and blames it on the bots. Yes there are bots on all exchanges and even the stock market has bots. Most of these bots are for arbitrage to keep liquidity healthy between exchanges. They ensure that  each exchange has the same price whenever someone executes a huge order.

There are also some algo bots which trade based on certain parameters. Honestly I tried these in the past and they never worked at all. However this has nothing to do with the exchanges. They just profit off the trading fees and don't care if price goes up or down.

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October 25, 2020, 05:56:16 AM
 #76

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 you are losing your trades then it does not mean that exchanges are scamming. New exchanges with low volume can scam but the old ones like binance will never scam you.
I think you are trading on non-popular exchanges and therefore facing issues in withdrawals and non-responsive support.
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October 25, 2020, 09:21:30 AM
 #77

How do you say that all exchanges are scam right now? Do you think that binance, bittrex and other top exchanges will lose their trust to the people if they turned into scam exchange? Of course, not! All of their effort and sacrifices to gain popularity will be gone, if they do it. Cryptocurrency exchange becomes scam when there are hackers that intercepted to their exchange or there is a inside job made by the member or the team of exchange. But not all exchange is a scam.

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October 25, 2020, 10:02:01 AM
Last edit: October 25, 2020, 11:29:40 AM by Kupid002
 #78

Exchangers are scamming now!!
Nobody Can't earn money anymore bots are all over Exchangers!!
I mean, why you did not leave after knowing that those exchanges are using bots? If you ever find trading bots on that exchanges that leads you to get nothing, then just leave it immediately. It's not worth it to compete with bot, you just lose your money anyways. If more people go to that exchanges and give it more exposure, it won't die later.

He can also use other popular exchange for example binance why choose unknown or low volume exchange to trade your money.

You need to understand that many of the exchange we have today is only created just to earn money for fees in if they know they don't earn enough anymore they will turn to be scam or if they have many users thats have a large funds stored there.

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October 25, 2020, 10:21:36 AM
 #79

How do you say that all exchanges are scam right now? Do you think that binance, bittrex and other top exchanges will lose their trust to the people if they turned into scam exchange? Of course, not! All of their effort and sacrifices to gain popularity will be gone, if they do it. Cryptocurrency exchange becomes scam when there are hackers that intercepted to their exchange or there is a inside job made by the member or the team of exchange. But not all exchange is a scam.
Well, perhaps that is common cases here that the scam was mostly on the centralized exchange. But I will not generalize them all, -- there are top exchanges that have a good reputation in the trader's community. Perhaps we consider that some of them have weak security level features but if they will survive from hacking incidents and cover the lost fund, they can still operate their business back. However, I advise traders not to leave their money on the exchange if they don't active traders, pull out when you have done in trading.









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Xinarae*
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October 25, 2020, 11:18:40 AM
 #80

You can't blame all the exchange sites because not all of them are scamming there will be risks in working with crypto. Exchange sites need to be thoroughly verified and then exchanged exchange on a new site will be a scam because they have no credibility. You can choose finance there will be no fear of scams and many reliable sites. I use each one and exchange it very securely and the transaction is very fast.
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