Exchanges With Lots of Scam Coins

[Kongxx]

Besides UNISWAP and PANCAKESWAP, what else exchanges have plenty of scam coins?

What are the scam coins there? So everybody can take note.

[makishart]

1. Coinsbit
2. p2pb2b
3. folgory

I can mention more sites that have plenty of scam coins but those sites were having so many scam coins.

I forget to mention another one just like

4. yobit

You should always avoid to deal with those sites, they are having very very bad reputation among the crypto users and more than 80% coins listed on those sites were scam coins.

BTW, uniswap and pancakeswap are decentralized swap service and any contract can interact with that swap protocol.

[awakpane]

Finexbok and Vindax exchanges also have a lot of scam coins, even if you deposit on the exchange Finexbox, you can't withdraw your assets. Finexbox and Vindax have a bad reputation. Therefore you have to be careful and avoid these exchanges

[LogitechMouse]

Besides UNISWAP and PANCAKESWAP, what else exchanges have plenty of scam coins?

What are the scam coins there? So everybody can take note.

Too many to mention.

That is why they are always saying that you must see the contract address of the ERC20 token that you want to swap with because there are numerous scam coins out there especially to those DEX'es that you shared. What are the scam coins there? I don't know TBH but seeing the contract address of the token would help you not to get scammed.

IIRC, pasting just the contract address of the token when you are searching will automatically show the token itself. BTW, those exchanges that you said may have contain some scam coins or some shit coins in general so just be aware whenever you are buying tokens in an exchanges or swapping in DEX'es like Uniswap.

[xSkylarx]

I would add hotbit on the list. Someone told me that it is easy to list a new altcoin there so there are definitely plenty of shitcoins on that exchange. I once joined a yield farming of a new coin that got rug pull. The devs did not list that token on pancakeswap to exchange but instead they first listed it on hotbit. In less than 5 minutes, the token went from 0.3 down to 0.002. Good thing that my connection is working properly that time that I got to sell it at .02 per token. My busy friends lose some big money that time because their marketing before the presale was very active.

[Fivestar4everMVP]

I think when is comes to centralized exchanges, then from my experience, yobit exchange is the number one in exchanges with a lot of scam coin, then followed by folgory, Hitbtc, and several others I can't remember to mention right now.
When it comes to decentralized exchanges, etherdelta is the number one, followed by forkdelta, and then ether flyer, this are decentralized exchanges that have power to officially list and delist a token, uniswap and PancakeSwap and the likes don't have that power.

[Kunnu]

There are many exchanges in my list which are filled with full of scam coins/tokens like vindax, latoken, coinsbit, yobit etc. I think the owners of these cryptocurrency exchanges don't care about their users and the reputation they just allow to list useless and scam tokens because of money, this is pathetic they must consider to not doing this shameful things otherwise they will have to lose their reputation. 

[bitbollo]

Dex are not a problem since everything can be listed there... it's a very easy win.

With Centralized exchange is something different since there is clear malicious action.
YOBIT has listed several coins with a FAKE ticker. It means they were aware of listing fake coins that is clearly a scam attempt.
Generally speaking, if any centralized exchange is listing something that is not "trusted" or likewise a scam I have not a good feeling to use the exchange.

[max6575]

with information from forum and discussion trader and investors might works according to supports with confirmation as disputing with limit of exchange on request as expecting returns to complete within the length of terms with the investment plan.

[X-ray]

I believe that all secondary altcoins and tokens can be generically defined as scamcoins, 1inch which is also an aggregator that encompasses almost all of the scam coins, as far as centralized exchanges are concerned, the undisputed king of scamcoins and obviously yobit

I think that you can generalize the dex will always be linked to the scam coin. 1inch is just an aggregator and it was working with any contract that is issued on the ethereum network.
The dex is using a different mechanism compared with the centralized exchange site and this is the fact.


The scammer can list its token into any dex that was supporting the asset.
Basically, this is having the same mechanism as etherdelta and forkdelta in the past.

[avikz]

Besides UNISWAP and PANCAKESWAP, what else exchanges have plenty of scam coins?

What are the scam coins there? So everybody can take note.

Uniswap having scam coins?? Can you please explain instead of throwing a statement out of nowhere? Uniswap is a new swap platform and all coins that are listed there, are active. So I would like to hear from you!

Yobit is definitely that one exchange where you will find a lot of dead coins still listed. Also they often introduces new coins that goes inactive after few days of trading. So Yobit is definitely an exchange that encourages scam coin business.

[khiholangkang]

Besides UNISWAP and PANCAKESWAP, what else exchanges have plenty of scam coins?

Uniswap and Pancakeswap are decentralized exchanges, every token created in the ETH network can automatically be traded on uniswap, and if the token is created on the BSC network automatically traded on Pancakeswap or other decentralized exchange.
Regarding exchanges trading scam tokens, there are many examples
LAToken
P2PB2B
Yobit, and many more, especially small exchanges.

[ryzaadit]

Uniswap having scam coins?? Can you please explain instead of throwing a statement out of nowhere? Uniswap is a new swap platform and all coins that are listed there, are active. So I would like to hear from you!

He just doesn't understand how the DEX exchange work.

That's why he things Dex Exchange like Pancake & UNISWAP listed a scam coin on their listed coins, he doesn't know dex exchange can be trade without being listed from UNISWAP by just trading through their smart contract address. For @TS, If you want to safe coins on UNISWAP or Exchange DEX trying to trade on their list coin not using a contract trade.

[Oshosondy]

4. yobit

You should always avoid to deal with those sites, they are having very very bad reputation among the crypto users and more than 80% coins listed on those sites were scam coins.

You are not wrong about Yobit, the exchange has many shit coins, I remember there was a coin on the exchange called X10, people are lured to invest on the coin and get 10% daily profit, but if someone can leave the coins for a week, the price would have really dropped to the extent the the person will lose more than the daily reward. There are other coins on the exchange that I analysed to be shit coins, the moment you hold such coins, the moment of losses started, and if continue to hold it, it will lead to more losses.

[dhemasm]

Uniswap, Pancakeswap, Etherdelta, Forkdelta is DEX and basically everyone can add coin there easily so it's not DEX Fault but the people itself, You need to be more careful to some CEX That listed some Scam Coins/Tokens, One Of them is Yobit, Everyone know it was Sh*t Exchange with tons of Scam coins with pump & dump scheme, Careful and DYOR!

[ScamViruS]

Everyone can list the coins as they wish in the dex. It is often seen that scammers list fake coins using the name of a popular coin. Therefore, before buying any coin from Decentralized Exchange, its contract address should be checked thoroughly. The amount of Scamcoin increases just when hype is created in the market and traders become interested in buying coins. If you research the crypto market properly, you will see that most of the coins are scamcoin coins, all of them are meant to take money from the crypto community.

There are many centralized exchanges that list the various scamcoins on their exchanges for a listing fee, they don't even care about their users.

[jossiel]

@OP.

You should compile all of those suggested exchanges that has been seen with scam coins. It would be a great help for the others who are looking for a list like this.

Therefore, they can avoid those exchanges, dex or cex for their own good. But they have no choice if the coin that they've invested is only listed on any of those mentioned exchanges.

[wxa7115]

Besides UNISWAP and PANCAKESWAP, what else exchanges have plenty of scam coins?

What are the scam coins there? So everybody can take note.

I think you will be hard-pressed to find a single exchange that at some point during its existence has not accepted several scam coins, the main issue is if they are doing anything to try to lower the amount of those projects that they accept, and if that is the case then that is an exchange that you can use regularly but if not then you should avoid it because most likely they are not above using shady tactics to try to get to your coins too.

However the most important thing is that you do not invest in any of those coins, after all we know that that great deal of the coins that are in the market are outright scams and the only way to win that game is to not play it on the first place.

[TopTort777]

It is strange that no one yet mentioned Crex24. These guys sure love to list scam and crap. Total junkyard that forces users to pass KYC if they want to deposit scam or crap. Amazed that bitcointalk is not filled with issues topics like it is filled with p2pb2b or other.

I see one user mention Latoken. Cant say that lots of scam is listed there. Rather decent exchange. Would recommend to use it as main exchange, but from time to time it can be used to get rid of some alts.

[Renampun]

Finexbok and Vindax exchanges also have a lot of scam coins, even if you deposit on the exchange Finexbox, you can't withdraw your assets. Finexbox and Vindax have a bad reputation. Therefore you have to be careful and avoid these exchanges

this is true, finebox and vindax have a bad reputation...
I bought new coins several times from here but the coins I bought ended up having no value. besides that finebox also imposes high fees on users and that is really annoying.