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Author Topic: Avoid using LATOKEN and Cointiger to buy any altcoins.  (Read 1048 times)
Dedewahyu
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August 18, 2021, 11:27:32 PM
 #101

What I know is that Latoken does have a fairly large fee charged to traders, especially deposit and withdrawal fees. I have deprecated the exchange and have transferred all my funds to binance. besides having fake volume fees per transaction there is also quite large, that's what made me stop trading at LAtoken. I once experienced a very long deposit of coins in Latoken, it took 2 weeks for coins to arrive in my account at Latoken, at that time I deposited LYRA coins. and the support team that handled the ticket was not quick to respond. very bad service

retnoanjani
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August 18, 2021, 11:36:24 PM
 #102

I once used Latoken to sell bounty rewards, either fake prices or bots made the prices so freaky. I don't know... I'm also not comfortable using it, if I'm not forced to sell tokens I don't think I will be involved there. even though there are so many projects listed there, maybe the terms or costs are cheaper than other more credible exchanges.

kak uli
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August 19, 2021, 05:30:47 AM
 #103

market with fake volume is very dangerous and it is called market manipulation. if that's the case with LATOKEN then it's best for those who use latoken it is necessary to avoid such exchanges

Tigerheart3026
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August 19, 2021, 08:13:31 AM
 #104

people never would like to trade on both of latoken and cointiger exchange, possibly bounty hunters are their main customers even also they did not like it, if get bounty tokens and needed to sell there,
i never used yet, so many bad reviews, looking trade volume it's manipulated by bots. 

juanda
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September 06, 2021, 04:52:35 PM
 #105

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.

now I just realized and found out about this. since several years I use Latoken as my trading market. but that I did a year ago. now I have stopped trading there. but the reason is not because of the problems as you mentioned above. but I have other reasons. maybe this is a lesson for me not to use it again in the future.

blockman
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September 06, 2021, 09:26:25 PM
 #106

now I just realized and found out about this. since several years I use Latoken as my trading market. but that I did a year ago. now I have stopped trading there. but the reason is not because of the problems as you mentioned above. but I have other reasons. maybe this is a lesson for me not to use it again in the future.
Those experiences that have been made in latoken will really make you stop but what made you quit trading there? The other reasons and mostly those that have been mentioned are usually the reason why people should stop trading there.
They are an easy exchange and that's why many projects including the scam ones are choosing to be listed there because they are not that strict with their requirements and lists anything that pays them.

Wulan_maniez
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September 06, 2021, 09:39:50 PM
 #107

I think there's been a lot of negative news about this cointiger exchange. And my closest family can't even withdraw assets that have long settled on this exchange. So avoid this kind of exchange. And for Latoken there is negative news that has been circulating for a long time.
Even recently I was caught up by one of the exchanges that was in the top 10 in cmc. They didn't credit my deposit nearly $5000.

/font]
TimeTeller
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September 06, 2021, 09:43:47 PM
 #108

I think there's been a lot of negative news about this cointiger exchange. And my closest family can't even withdraw assets that have long settled on this exchange. So avoid this kind of exchange. And for Latoken there is negative news that has been circulating for a long time.
Even recently I was caught up by one of the exchanges that was in the top 10 in cmc. They didn't credit my deposit nearly $5000.

They have gained not-so-good reputation among crypto users.
And by the way, $5k is no small money, why not trade with binance, I don't think you will get that kind of problem dealing with them?
Because binance will only hold your funds if they are really suspicious with your activities, other than that, I feel safe trading with them.
In this crisis, losing 5k for nothing is quite a big deal. So next time, make sure the exchange is credible and really trustworthy.
reza7777
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September 06, 2021, 09:48:14 PM
 #109

LATOKEN has some negative comments and I have also never used the exchange, why should I trade on an exchange with fake volume, if there are still better options to choose from.. I also heard that P2PB2B and HITBTC are LATOKEN brothers, which have very expensive fees

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letyouearn
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September 06, 2021, 10:01:00 PM
 #110

Yeah, that exchanges are awful. And Latoken lists all the crap he can find. But there too many of platforms like these nowadays, so I would suggest just not to use noname or crappy exchanges at all. Use Binance and other huge exchanges and if you need something more exotic to buy or sell - use swaps.

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dunfida
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September 06, 2021, 10:14:06 PM
 #111

Yeah, that exchanges are awful. And Latoken lists all the crap he can find. But there too many of platforms like these nowadays, so I would suggest just not to use noname or crappy exchanges at all. Use Binance and other huge exchanges and if you need something more exotic to buy or sell - use swaps.
Usually people do end up on using these crap exchangers on when they do tend to sell out those crappy coins into those crappy exchange and they do only most list out with these places thats why you dont
have any options but to make deposits even though reputation is something fishy but they are eager on selling those coins ending up of having some issues.If your lucky then you could able to
sell without any problems but if theres one then expect for some headaches.

harapan
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September 06, 2021, 10:28:02 PM
 #112

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?
I think smaller exchanges take longer time to confirm deposit or allow withdrawal prolly because the transactions are manually confirmed, just like when I tried using xt exchange last week, the withdrawal took alot if time I had to trace the exchange Telegram group when I got there and asked the admin he told me withdrawals were manually confirmed, I think its the same with latoken and cointiger.

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kenelmark
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September 11, 2021, 05:51:12 PM
 #113

I think smaller exchanges take longer time to confirm deposit or allow withdrawal prolly because the transactions are manually confirmed, just like when I tried using xt exchange last week, the withdrawal took alot if time I had to trace the exchange Telegram group when I got there and asked the admin he told me withdrawals were manually confirmed, I think its the same with latoken and cointiger.
The system on small exchanges is not that sophisticated and not very optimal in terms of solving every problem with deposits and withdrawals in it, so it is also very natural that it can take a very long time when compared to other exchanges.
pealr12
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September 11, 2021, 06:14:27 PM
 #114

Cointiger I have use on very few occasion to exchange some tokens and I didn't experience any delays or anything unusual, latoken I have never use and also I have heard not so good review about them, my experience with cointiger was not bad but I hope not to have any reason to use them since they don't have good reviews.
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