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Author Topic: Avoid using LATOKEN and Cointiger to buy any altcoins.  (Read 1008 times)
cabron
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June 19, 2021, 01:03:31 PM
 #81

For centralized exchange, I only used high trusted exchange and the most popular one , those are Binance and Huobi. And for the small exchanges, I use it only for sell bounty tokens. I did use LATOKEN a few year ago and everthing is running smothly, but I never been use Cointiger. Just becarefull use Centralized exchanges because they have full control with fund of user.

LAToken was used widely in 2018 when most of the bounty tokens are listed there because of the IEO. Bounty hunters are mostly the ones who use the exchange merely to dump, they know the tokens they got are going to be dumped too. Now that IEO is gone, there is no reason for project tokens to be there especially when it's easier to add tokens on swapping exchanges.

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June 19, 2021, 03:10:59 PM
 #82

I have used Latoken before but I tried to get rid of it because of its high fees. There are good coins that have been listed there yet it didn't succeed because people prefer the top and trusted exchanges like Binance. Latoken still has a lot to improve because honestly, most ICOs and IEOs that have been listed there always fail.
LAToken is indeed a bad exchange, a lot of complaints about this exchange, from deposits and withdrawals that always take a long time to landed,
and ICOs that don't have clarity are very easy to launch there, of course IEOs there always fail, because many bad projects are in the market,
unlike IEOs on good exchanges, they always do an audit first

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June 23, 2021, 09:02:57 PM
 #83

I studied Latoken and I didn't like it right away, even the interface. I decided not to even register there. Moreover, I know from the stories of my friend, who invested there. He had problems. I only trust the trusted ones.

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June 23, 2021, 10:41:31 PM
 #84

I don't know much about cointiger, but I've used Latoken several times, the last time I used Latoken was about 1 month ago, as far as I remember there was no fee for deposit and withdrawal fees were indeed bigger than Kucoin.

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June 23, 2021, 11:29:46 PM
 #85

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.
Finexbox is as fake as they come. I participated in the Vectorium bounty early last year or so, but more than 18 months after, their coin which was listed on Finexbox is not tradable. Vectorium and the exchange are busy trading blames. I also think Vectorium is a scam project
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June 24, 2021, 10:49:37 PM
 #86

For centralized exchange, I only used high trusted exchange and the most popular one , those are Binance and Huobi. And for the small exchanges, I use it only for sell bounty tokens. I did use LATOKEN a few year ago and everthing is running smothly, but I never been use Cointiger. Just becarefull use Centralized exchanges because they have full control with fund of user.
I also only use small CEX to sell bounty rewards, well we all know not all projects have sufficient funds to penetrate the big global market. while using Latoken I didn't encounter any significant problems, it's just a shame the fee is bigger than the exchange in general. the rest is fine.

when the IEO was hype, many new tokens were collaborating with latoken. and it doesn't seem to make any significant difference, the sales rate is not as big as expected and many other problems.
it's better to use global exchanges like Binance, huobi, etc. to keep your assets safe. yes, although there is no guarantee that your assets are always safe due to the many hacking threats, at least the big exchanges will be more responsible to their users.

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June 24, 2021, 11:18:54 PM
 #87


it's better to use global exchanges like Binance, huobi, etc. to keep your assets safe. yes, although there is no guarantee that your assets are always safe due to the many hacking threats, at least the big exchanges will be more responsible to their users.

There are so many bad reports about small and medium exchanges because of this I stopped trading on these exchanges and just focus on Binance and Kucoin for centralized and Decentralized exchanges, it's safer to trade on DEX, because it's a smart contract-based but always check liquidity and the token smart contract, that's some of the traps in decentralized exchange.

Binance and Kucoin are really the go-to exchanges of most traders. However, if you have coins or tokens that are not yet listed on them, you can go to these small exchanges but just to trade these coins. After that, you can go back to these top exchanges as their liquidity is really great, you don't need to wait for days to execute your order. A lot of these small-medium exchanges are employing the wash trading strategy in order to appear that their volume is ok. But hopefully, you will not be trapped by this strategy. Stick to top exchanges as much as you can, as you will not be disappointed if you use them.
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July 23, 2021, 04:42:38 AM
 #88

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.

It can be either fake volume (done by the exchanges) or rigged volumes (manipulated by the usage of bots). Now Cointiger and LaToken are not very skilled exchanges that have the capability to exclude the bots from trading (Binance, Huobi.etc have that capability). And regarding the deposit/withdrawal fee, I can't agree with you. The ERC-20 gas prices have gone up steeply during recent times, and most of the exchanges have increased their fee. The increase is not limited to the two exchanges that you have mentioned.

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July 23, 2021, 05:11:33 AM
 #89

There are so many exchanges these days to buy all your shitcoins that are better than LATOKEN and co Decentralized exchanges too are very popular around so basically I see no reason to incurred crazy transaction fees when pancakeswap are charging less My suggestion is try other exchanges and see what fits you best Also maybe start using withdrawals when network is less congested or change the blockchain

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July 23, 2021, 09:02:19 AM
 #90

I mentioned a couple of days on another thread (new ANN) that LATOKEN is a verified scam. And I do not mean just bad trustpilot reviews,,, but even in 2018 and 2019 already several Coin Analysis type of investigation companies found them out to be scams. Their representatives and employees were at conferences running pure scams and ponzis and promising fake volumes.

I do not understand how they are STILL running so spread the word.

https://www.cointelligence.com/content/scammers-weaponize-dmca-complaint/

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July 24, 2021, 08:56:14 AM
 #91

I wonder why people use some unpopular exchanges. They can be really dangerous, especially it is a bad idea do store your assets in their wallets. Personally I have experince only with exchanges that have already proven to be both safe and convenient. For example, I use quick swap, sushi swap and pancakeswap. And I haven’t noticed big fees there, so why not use proven exchanges?

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July 26, 2021, 09:49:55 PM
 #92

I have leant my lesson from both exchanges most of the coins I bought from latoken exchange results in a loss some are even scam projects even the authentic one's do not results in any decent amount of profits.The same also applied on cointiger so I have avoided both exchanges a long time ago.

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July 26, 2021, 09:57:32 PM
 #93

So bad for their users, I never used any of these exchanges you mentioned, I only stick to popular and trusted exchanges like Binance, kucoin, FTX. I did tried to access latoken exchange once and never liked it anyway but the user interface was kinda fair  tho but so bad so much complains about them and this is also what kills an exchange, when users keep seeing all of these lapses there will surely run away.

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July 26, 2021, 10:12:16 PM
 #94

I have leant my lesson from both exchanges most of the coins I bought from latoken exchange results in a loss some are even scam projects even the authentic one's do not results in any decent amount of profits.The same also applied on cointiger so I have avoided both exchanges a long time ago.
I've heard much bad feedback from these exchanges and that's why if ever you've been trading into these exchanges, choose what's best for you. There are other better exchanges that you will trade worry-free since we don't want any problem to encounter as we trade.
If you happen to witness that they've been okay listing scam projects then that's already a sign that you should be avoiding them at all cost, all of the time because they're partaking those scam projects and they're only accepting the listing fee without researching what coin is on their exchange.

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August 08, 2021, 09:35:28 PM
 #95

I always know that these sites cannot be trusted and I only use these sites if I don't have a choice like if I have a bounty token that I want to sell and it's only listed in one of these sites. Actually I have a successful trade with LATOKEN, but I'm not using it for my regular trading as I always look for bigger and real volume and of course the reputation of the exchange is very important.

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August 16, 2021, 08:02:15 PM
 #96

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 am a Latoken user since several years ago because of my altcoins from the bounty campaign reward listed there. so I have to trade there. but I don't see this case. because everything looks like normal. and currently I want to reuse the Latoken exchange market because my altcoins are now listed in Latoken. I also want to ask if I should trade on Latoken or wait for Altcoin to list on another exchange market ??

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August 16, 2021, 10:49:09 PM
 #97

I thought as much, lately many projects always put in their telegram for people to upvote to get listed on cointiger and token. The surprising thing is that a project did that and ended scam people because people invested in that base on the upvote stuff and they're some other means.
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August 16, 2021, 10:53:27 PM
 #98

I am a Latoken user since several years ago because of my altcoins from the bounty campaign reward listed there. so I have to trade there. but I don't see this case. because everything looks like normal. and currently I want to reuse the Latoken exchange market because my altcoins are now listed in Latoken. I also want to ask if I should trade on Latoken or wait for Altcoin to list on another exchange market ??

I think if you feel safe, you can trade with them. Though I haven't had the chance to use this exchange, so I can't say about their services. Because usually, the price of the token is better at early trading stage and once you waited for the time to get listed in another, you may get lower price. So it is really up to you if you want to take the risk. Anyway, you had previous experience already.
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August 17, 2021, 04:09:43 AM
 #99

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.
Everyone is tired of dealing with CEXs and KYC, use a DEX like sushiswap or ref finance.
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August 18, 2021, 11:14:24 PM
 #100

I don't know much about those 2 exchanges
but I have made transactions on latoken where the deposit took how many hours, sometimes 1 working day just came in. makes you anxious isn't it?

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