All Exchangers scamming now

[cheezcarls]

I honestly disagree that all exchanges are scams. Never say all. However, I also don’t believe that most of them are scam. However, there are exchanges that are considered “grey area” for me like my stressful experience with BitForex because of deposit not confirmed for more than 48 hours.

But not all of these exchangers are perfect, in terms of safety and security measures like what happened on KuCoin and the controversial suspension of OKEx withdrawals. Binance isn’t even exempted from getting victimized by hackers last year. It’s just that if we don’t want our assets to be compromised, we should keep them in our cold wallets after trading (but transfer fees may occur every time you deposit and withdraw).

[slaman29]

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.

You know I always think the problem with people/traders/speculators coming in and out of all these waves of hype is that they just never learn their lessons. They make money at first, and then get more greedy and double and triple down whatever.

Then when shit happens they blame everything but themselves. Good for us I guess though.

[Findingnemo]

Bots are not making money rather,they just executing the trade orders and how can you say that it is scam?.

If you are worried about the bots are ahead of your actions then what stopping you from subscribing a bit for yourself. Dear expert!

[tvplus006]

I was more fortunate than the OP, I have never personally encountered such exchanges. And this is because I only work with trusted exchanges like Binance. If an OP risks its balance by registering on questionable exchanges, it's no surprise that it loses money.

[SquallLeonhart]

OP seems like out of mind and nothing more I could find out of this topic.
Because, we cannot blame all the exchanges/exchangers at one time altogether. There could be some problem with one or two exchanges but that doesn't mean all the exchanges in this crypto space are  scamming its customers.

We can simply ignore what OP is trying to emphasis here because he's not mentioning about what kind of problem he is facing and not mentioning any specific exchange name as well. Because, one single trader cannot be trading in all the exchanges of this crypto space which means OP is just writing something, probably to count their posts .

[molsewid]

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?

OP, if you're losing money on exchangers with bots, then don't trade. Almost all exchangers now have bots in trading, so stop if you're not earning or lessen the amount you use to learn or adapt to the new way of trading with bots. Instead of calling exchangers scammers, try other strategies on trading. If all exchangers are scammer, why there are many people still using them?
And how many hours, days, or weeks your cash out delayed?

[freedomgo]

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?

OP, if you're losing money on exchangers with bots, then don't trade. Almost all exchangers now have bots in trading, so stop if you're not earning or lessen the amount you use for trading to learn or adapt to the new way of trading with bots. Instead of calling exchangers scammers, try other strategies on trading.

And how many hours your cash out delayed?

He just need to understand deeper that exchanges are just facilitators of trading activities by traders, they are not scamming traders, if they are then they should not be operating anymore, that's a wrong belief, if we lose money we move on and keep learning and if we got scam from a specific exchange, we look for other exchanges, surely not everyone of them are scammers, the market would not grow if most exchanges are scamming people.

[pawanjain]

How come you are losing money because of the bots ?
If you had prepared your strategy well then you should know what you should be doing. Bots are just small programs that are controlled by other traders.
You can't blame an exchange for it unless the exchange itself is running away with your money.
If that's the case then you just deposited your money in a wrong exchange.
Not every exchange scams their users. Some care for their users and are well reputed in the community.

[old fart]

Bots in exchanges doesn't mean scam, traders use bot, get yourself a reputable exchange like CoinEx and worry less. My advice, avoid storing funds in exchanges. Exchanges are for trading.

[South Park]

Anyway, if you look at the trust of the OP and those topics that he is posting here, it seems he has bad blood in crypto or just pretending to be against with it maybe because of his failed crypto dealings.  We have our own judgment on this regard. So I don't see any reason to believe from other's sentiments without solid basis as point of reference. You can see scammers everywhere, but it is on you how you can avoid them.

Those are the same vibes I am getting from the OP, he seems mad and the only reason to be mad about this market is if you are part of the elite bankers and politicians around the world that are fearing they will lose their power or you lost money while investing in cryptocurrencies and I doubt any of those elite guys will come here to vent their frustrations to us so most likely he lost money and now he is mad, which is understandable but that is not a reason to accuse exchanges without any evidence.

[Lanatsa]

Anyway, if you look at the trust of the OP and those topics that he is posting here, it seems he has bad blood in crypto or just pretending to be against with it maybe because of his failed crypto dealings.  We have our own judgment on this regard. So I don't see any reason to believe from other's sentiments without solid basis as point of reference. You can see scammers everywhere, but it is on you how you can avoid them.

Those are the same vibes I am getting from the OP, he seems mad and the only reason to be mad about this market is if you are part of the elite bankers and politicians around the world that are fearing they will lose their power or you lost money while investing in cryptocurrencies and I doubt any of those elite guys will come here to vent their frustrations to us so most likely he lost money and now he is mad which is understandable but that is not a reason to accuse exchanges without any evidence.

So talking about manipulation? No matter which market you do tend to engage then this thing will be always part.Price can shoot up or dump neither on a manipulative
or in normal case.

Its not really that right to give out blame to all that they are scamming when you had lost money.Take a look back again on where did you commit such mistake
and accusing overall on platforms isn't really just right.

Yeah, we do understand the frustration but its always been part when we do invest into this market.Just make sure that you do stick out to the best platforms out there.

[AakZaki]

I was more fortunate than the OP, I have never personally encountered such exchanges. And this is because I only work with trusted exchanges like Binance. If an OP risks its balance by registering on questionable exchanges, it's no surprise that it loses money.

good choice and very appropriate. Never use an unclear exchange as it could be scammed and assets lost, ultimately claiming that all exchanges are scammers. Binance is already the best exchange for now. I've even been trading on Binance from the very start Binance was launched and I have been
Binance p2p Official Partner.

[Chrystora123]

Bots in exchanges doesn't mean scam, traders use bot, get yourself a reputable exchange like CoinEx and worry less. My advice, avoid storing funds in exchanges. Exchanges are for trading.

Trading bots are just programs designed to help traders but it may not work perfectly.  being a trader is not easy, you can't just careless to choose the exchange and the trading bot you want to use, just a little mistake will make you lose.  if the trader has no problem with the withdrawal fee then it is good not to keep the coins on the exchange after finishing the trading..

[XZERO1]

How come you are losing money because of the bots ?
If you had prepared your strategy well then you should know what you should be doing. Bots are just small programs that are controlled by other traders.
You can't blame an exchange for it unless the exchange itself is running away with your money.
If that's the case then you just deposited your money in a wrong exchange.
Not every exchange scams their users. Some care for their users and are well reputed in the community.

Probably What he's trying to say is that he can not buy at those perfect prices because bots buy those prices up quickly before he can act and put a bid, I'm assuming OP is a day trader or scalp trader otherwise as more of a long-term trader buying a bit higher would not matter at all at the end and when you are getting 10-20% in profit on a trade why should that 0.2% matter?, but then again if you are scalp trading then using bots is a must for you simply because as you said all other traders are using bots so you should use them as well if you want to be able to compete and unfortunately there is no other way to execute orders faster and catch those better prices fast.

[South Park]

How come you are losing money because of the bots ?
If you had prepared your strategy well then you should know what you should be doing. Bots are just small programs that are controlled by other traders.
You can't blame an exchange for it unless the exchange itself is running away with your money.
If that's the case then you just deposited your money in a wrong exchange.
Not every exchange scams their users. Some care for their users and are well reputed in the community.

Probably What he's trying to say is that he can not buy at those perfect prices because bots buy those prices up quickly before he can act and put a bid, I'm assuming OP is a day trader or scalp trader otherwise as more of a long-term trader buying a bit higher would not matter at all at the end and when you are getting 10-20% in profit on a trade why should that 0.2% matter?, but then again if you are scalp trading then using bots is a must for you simply because as you said all other traders are using bots so you should use them as well if you want to be able to compete and unfortunately there is no other way to execute orders faster and catch those better prices fast.

Interesting, but then why complain about it? If you know what it is causing you to lose money and the only thing you need to do to change that is to make use of the same tools then you must do it, this resistance to change has never helped anyone, we need to be willing to adapt and change, maybe if he does not want to make use of bots then he could change and instead of being a day trader he could trade longer time frames in which the time of execution of your trades is not as critical for your success.