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Author Topic: Avoid using LATOKEN and Cointiger to buy any altcoins.  (Read 1048 times)
oscarftw (OP)
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May 05, 2021, 06:54:50 PM
 #1

I want to give advice to everyone that don't use LATOKEN and Cointiger. We know that both exchanges have fake volume

Cointiger is a centralized exchange where deposit time was 8 days as my experience. They don't even answer your question in their telegram group. 😢
LATOKEN is also a centralized exchange where deposit commission is 1 percent and withdraw fees are so high! I didn't see as much fake volume as Cointiger. Even a mobile app doesn't work.

Share your experience when I will add more in the future.
cryptoknightt
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May 05, 2021, 07:26:21 PM
 #2

There are several exchanges like this, 2 that I know are Finexbox, mercatox, they have large withdrawal fees. Did you know mercatox charges a large withdrawal fee for Dogecoin? I was very surprised. 20 Dogecoin for one withdrawal at mercatox. But unfortunately Mercatox doesn't provide withdrawal access to Dogecoin at the moment, I don't understand why. For finexbox you can see some coins that have fake volume, like Vectorium coin, I have it, and it can't be exchanged. volume and price is a hoax there.
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May 05, 2021, 07:37:42 PM
 #3

I've personally had bad experiences with this two exchanges, a lot of people are also complaining about cointiger, alot of issues with this exchange in particular, deposit some times take days before they appear and customer care does not answer to queries, sometime, they even lie that the issue is fixed meanwhile it's still there.
As for latoken, the most annoying part with this exchange is their deposit fee, why on earth are they collecting deposit fee? I send coin to their exchange, I pay for the transaction to be confirmed on the blockchain, and yet, when the coins arrive in their exchange, they still remove some are deposit fee, this does not make any sense and it's a clear day light robbery, this two exchanges should be highly avoided.

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May 05, 2021, 07:43:30 PM
 #4

People should stick with the many exchanges that have already proven their seriousness. And they are already very numerous!

Latoken is indeed very badly reputed (wash trading). If I ever happen to use a shady exchange, I immediately pull out my assets to a personal wallet. And when it's not possible, then I don't go.
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May 05, 2021, 08:42:09 PM
 #5

LAtoken was like the place of most ICO tokens before. I've never used that exchange but I see that there really are a lot of coins listed there. If you have bad experience on that exchange, leave them and find a better place because there are other better exchanges than them.
Don't waste your fees trading and withdrawing on those exchanges that you find to be bad in your own experience.

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Scripture
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May 05, 2021, 08:47:23 PM
 #6

I’m avoiding that exchanges at all cost since they have a bad reviews ever since and I know the volumes are being manipulated plus the huge fees is a negative thing for me. I don’t know if they scammed you or what but if you’re experiencing a problem with them, better to deal with the top exchanges and trade easily.
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May 05, 2021, 08:48:22 PM
 #7

I want to give advice to everyone that don't use LATOKEN and Cointiger. We know that both exchanges have fake volume

Cointiger is a centralized exchange where deposit time was 8 days as my experience. They don't even answer your question in their telegram group. 😢
LATOKEN is also a centralized exchange where deposit commission is 1 percent and withdraw fees are so high! I didn't see as much fake volume as Cointiger. Even a mobile app doesn't work.

Share your experience when I will add more in the future.
There is no experience that I can share related to the two exchanges that you mentioned because I very rarely use the two exchanges,
so there is no bitter experience that I can share here.
dihari
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May 05, 2021, 08:50:37 PM
 #8

My story with cointiger.
Year ago before this covid exist, I deposit some amount of X token, and trade them in cointiger. One of my habit when trading is, I usually don't let my order stay more than an hour, so I cancel it immediately if I think my order will never touch my price in short time. But suddenly, when I try to withdraw my token, that activities (cancel order in short time) is classified as a suspicious activity on cointiger and lead to frozen of my balance. And I have to upload a passport as kyc to get my token back.
And the covid came that day, since I've never had a passport before, I have to wait about 5 months to get my passport due to covid. And after that 5 months waiting, I can easily withdraw my token without any problem.
Tell me if that a bad exchange's system, or my fault.

aemma
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May 05, 2021, 08:53:26 PM
 #9

For a long time now, I have known Latoken to be a terrible exchange and have even read many bad reviews about them as well as bad trading experiences, so I am kind of surprised you are even trading there, well projects are still listing there. As for Cointiger, although I didn't experienced delay in deposit and withdrawal but the fake volume and bots were another thing altogether. So in essence, I have stopped trading there and for so long nothing has taken me to these exchanges when there are better exchanges to trade on. Also, I do not take any project which list on those exchanges seriously because a team that values their project as well looking towards long term will channel their energy into listing on better exchanges that will push forward the neccessary growth and attract the right attention.
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May 05, 2021, 09:02:01 PM
 #10


LATOKEN doesn't have a good reputation here in the forum for many years now so I think the awareness about the exchange's reputation is already spread out, at least. And I trust newbies that they will not use an exchange that is not popular unless they will shill for it.

If you want some references, you can check some threads here:

https://bitcointalk.org/index.php?topic=5150856.0
https://bitcointalk.org/index.php?topic=5084168.0
https://bitcointalk.org/index.php?topic=5065050.0
https://bitcointalk.org/index.php?topic=5204213.0
https://bitcointalk.org/index.php?topic=5230395.0

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macson
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May 05, 2021, 09:30:11 PM
 #11

I want to give advice to everyone that don't use LATOKEN and Cointiger. We know that both exchanges have fake volume

Cointiger is a centralized exchange where deposit time was 8 days as my experience. They don't even answer your question in their telegram group. 😢
LATOKEN is also a centralized exchange where deposit commission is 1 percent and withdraw fees are so high! I didn't see as much fake volume as Cointiger. Even a mobile app doesn't work.

Share your experience when I will add more in the future.
i have never had the experience of buying any coins at LaToken or Cointiger (and will definitely never use both).  i very rarely buy Altcoins on small exchanges, it's better to buy them on Binance exchange or ftx.  You have to be careful in choosing an exchange, your coins are very valuable to you, before trying an exchange it's better to find out the history of that exchange. (do not use it if you find a lot of complaints)

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May 05, 2021, 09:36:16 PM
 #12

Cointiger is a centralized exchange where deposit time was 8 days as my experience. They don't even answer your question in their telegram group. 😢
LATOKEN is also a centralized exchange where deposit commission is 1 percent and withdraw fees are so high! I didn't see as much fake volume as Cointiger. Even a mobile app doesn't work.
That's why they buy and sell orders on cointigers were changing every second. I have been watching this since a long time ago but im feeling worried to try to use this kind of exchange site. I will try to check it to deposit a very small amount of ethereum next few days. The buy orders on cointiger totally nonsense. I gots changed anytime by the bots.
Almost all exchange sites were using the bots to make their platform looks like an active platform.

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May 06, 2021, 11:05:17 AM
 #13

I've never used a cointiger. but I had some bad experiences with LAtoken. I have a withdrawal problem, at that time I had to wait more than 5 days without any reason why my transaction was pending. from then on I didn't want to use this exchange. very bad token service. in fact they are listing many coins from scam projects.

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May 06, 2021, 11:21:10 AM
 #14

Actually, we can't be sure about any centralized exchange.
I have used both Latoken and Cointiger many times. I didn't have a bad experience with Cointiger though. Volumes may be fake, but you can post your sell order and it will be filled by what you call fake volumes. Maybe it is the exchange that will buy, but I don't care about that, as long as there is enough liquidity.
I had worse experience with Latoken though, it runs very slow on my machine and some pairs have very low liquidity. I haven't decided if any of those should be avoided though. I plan not to hold in exchanges for a long time due to the hacking and scam risks.
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May 06, 2021, 11:32:32 AM
 #15

I have never used LATOKEN but I got information from some of my friends that LATOKEN is a market with fake volume, my friend has also had problems with LATOKEN, since then I have always avoided going there, by the way P2PB also has the same reputation as LATOKEN

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May 06, 2021, 12:01:33 PM
 #16

The cryptocurrencies listed on these exchanges have low liquidity and many trading bots so traders will have a hard time.
In addition to the above exchanges, there are dozens of other exchanges with similar problems such as Hotbit, Digifinex, Bilaxy, MXC, Coineal ...
Most of those exchanges rank outside the top 30 with the highest volume.
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May 06, 2021, 01:06:51 PM
 #17

I rarely use both exchanges, especially LATOKEN. maybe I've used cointiger, and it's all fine. however, I also avoid exchanges like that as long as there are other exchanges like Binance or others. yeah, but I would probably use it if it were the last option.

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TribalBob
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May 06, 2021, 01:15:04 PM
 #18

latoken is the worst exchange ever, all coins will die there, projects that have value will collapse if the initial listing is there, the sales volume is also a lot of manipulation of lies, there are too many minuses for latoken

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May 06, 2021, 02:11:18 PM
 #19

Latoken was a scam exchange site. I have faced a problem in the past and latoken team never solve my problem. i have contacted them so many times to solve my problem with 2fa and they were never giving any response to may ticket. This is the worst exchange site i have ever used in my life. A few ethereum got blocked in my latoken account.
Cointiger was also the scam exchange site. Both were including in my banned list of exchange site. Avoid to use latoken or cointiger.

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May 06, 2021, 03:00:27 PM
 #20

I disagree with you about LATOKEN, Im using Latoken for 6 months. I actually didnt invest on their platform I only do airdrop tasks and trade it for well known cryptos. Recently I withdraw TRX from that exchanger and my only fee is 1 TRX.

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