Worst exchange you experience for trading

[JahriMeayer]

There are lots of exchanges available in this crypto platform. Binance kucoin coinbase houbi and so many good exchange Where people keep trading daily. But apart from that, sometimes we need to use unknown exchange for trading. Some may good and some may bad. And thats what I'm looking for! Your selected worst exchange, may best for others but it doesn’t matter. Share the name of exchange which gave you worst trading experience, scam your fund or sometime else. Share, so that others can alert from it.

[yayayo]

I don't remember this worst website before, it's Chinese trading site I'm sure of it since it's all in Chinese and there's an option to turn it to English but still a lot of Chinese texts. I have a token of mine where it was listed on that site and there's no other exchange site I can sell it however I'm too eager to sell it before its value will go off but after I deposit on them I didn't managed to receive my deposit even though it has many confirmations already.

Tried to contact the support but it seems they don't have English support. Worst experience in trading.

ya.ya.yo!

[passwordnow]

sometimes we need to use unknown exchange for trading.

I don't intend to use unknown exchanges. I know the risk that it has and I'm not willing to go for it. I've read a lot of bad experiences that made me realize that it's better to stick into the known and reputable exchanges. But if you're that type of person that's looking for a thrill and eager to try them, I urge you not. But one of the known exchange that many forum members don't like is yobit.

[Furious 7]

Of course if we do daily trading it is a popular exchange and it is impossible to choose an unknown exchange, and one of the exchanges is not known then we use it I think it's a token that can be airdropped / bounty and forced to trade there with many problems we know but so far i always avoid what i don't know it will be a risk if we daily trade on an unknown exchange.
So I have experience on unknown exchanges, I have never experienced it but I never just for my daily trading.
Except selling tokens and then withdrawing.

[tbct_mt2]

On exchanges, there are many types of tradings: Spot, Future, Leverages with Cross Collateral or Isolated Collateral. With each trading types, you will have different bad experience. The most terrible experience are one of three reasons
- Losing your capital because exchanges were hacked and did not make compensation for customers or they do scam exits.
- Losing your capital because you fail to do KYC.
- Losing your capital because of liquidation from either Leverage trading or Future trading.
I see all of three cases are nightmares.

[tulusikhlas]

As far as I know, for me Vindax, why? the reason is that many accusations of fraud and others are leveled on the exchange. In fact, it turned out that I myself felt it when I deposited tokens that were only available for trading there. All deposit addresses match, with the appropriate network too, but the token I sent has not arrived. I have checked the proof of all valid transactions. Requesting support and filling out the provided formats such as attaching proof of transaction, confirmation time, exchange address, I have fulfilled everything. But the exchange didn't solve my problem till now.

[stomachgrowls]

There are lots of exchanges available in this crypto platform. Binance kucoin coinbase houbi and so many good exchange Where people keep trading daily. But apart from that, sometimes we need to use unknown exchange for trading. Some may good and some may bad. And thats what I'm looking for! Your selected worst exchange, may best for others but it doesn’t matter. Share the name of exchange which gave you worst trading experience, scam your fund or sometime else. Share, so that others can alert from it.

Based up on my own experience then the most bad or sucks big time kind of exchange would be Yobit.net/com! Lets just exclude those totally been taken down by hacks and become scam but this exchange is shady as fuck big time.

1. No support/ They dont ever answer
2. Lots of shady coins
3. High House edge of their gambling games
4. Often wallet maintenance

Surprisingly this exchange is still running up to now and im surprised that there are still users who do make use of this
platform.

[Pasa32]

The worst exchange I have experienced is P2PB2B. Every new project gets dumped on this project there is very low trade volume. Their interface is also the worst and the price chart is useless. It doesn't show the price correctly. I will never use this exchange again.

[Sirait]

coinsbit, latoken and yobit, I'm sure I'm not the only one who has problems using these three exchanges. since i had trouble with withdrawals as well as their idiotic CS response i never again followed news about all three, and i don't want to know lol.

[mindrust]

There are lots of exchanges available in this crypto platform. Binance kucoin coinbase houbi and so many good exchange Where people keep trading daily. But apart from that, sometimes we need to use unknown exchange for trading. Some may good and some may bad. And thats what I'm looking for! Your selected worst exchange, may best for others but it doesn’t matter. Share the name of exchange which gave you worst trading experience, scam your fund or sometime else. Share, so that others can alert from it.

The worst I experienced was cryptsy and it is not here anymore. Most people in this forum nowadays probably haven't even heard about it. It was so laggy and slow, it would me its users puke. Then they got what they deserved. I can't exactly remember but they got hacked probably. Maybe it was an insider job. Not sure. Lots of people lost lots of money there.

[iv4n]

I never had any problems with any exchange... probably just luck but I never had funds in any exchange that was hacked, I never lost funds or had any issues with any crypto exchange in 6+ years I trade.
The only thing I don't like are high fees for withdrawing, but now with the Binance chain that is almost solved, it's not so expensive to move funds as before, of course, if it's possible to use BEP!

[sulendra12]

Your selected worst exchange, may best for others but it doesn’t matter. Share the name of exchange which gave you worst trading experience, scam your fund or sometime else. Share, so that others can alert from it.

Personally, I am just using the reputable exchange for my own sake and I do care about my money so I want to have the best experience when using these exchanges. But, as far as I am using different exchanges out there, I would say Yobit has left me the worst experience I have faced in crypto trading. Start from worst support, bad volume, bad choice of coins and other stuff to mention. Just stay away from Yobit if you care about your money.

[teosanru]

There are lots of exchanges available in this crypto platform. Binance kucoin coinbase houbi and so many good exchange Where people keep trading daily. But apart from that, sometimes we need to use unknown exchange for trading. Some may good and some may bad. And thats what I'm looking for! Your selected worst exchange, may best for others but it doesn’t matter. Share the name of exchange which gave you worst trading experience, scam your fund or sometime else. Share, so that others can alert from it.

I think the worst experience which I faced with exchanges is they suck in high-volume periods. Whenever there is a big crash or a very big pump, these exchanges automatically block the retail investors from putting in orders of one side in the name of some glitch or bug. This definitely is the worst thing you will see from these exchanges, it hurts because many a time there are ample opportunities to either save your money or make money during these high volume periods but due to these glitches you can't even access the order book basically means you are stuck with whatever you have. This has happened with me many times in Binance and Kucoin.

[BITCOIN4X]

So far I am not used to trading asset both bitcoin and altcoin on many exchange. I use local exchange and Binance to trade. The two exchange that I have used so far are very reliable and very responsive to the problem I face including the problem of the length of the withdrawal and deposit process.

I can tell you that I haven't been involved in many bounties since I got to know the forum to date, so I don't have to exchange token on different exchange for each distribution, so I'm not quite experienced with many exchange so far but for the two exchange I use no problem. Maybe I can advise you not to trade on many centralized exchange that require you to pass KYC. You should be able to consider the security of your personal data on an exchange that you only use once in a lifetime, so it's a good idea not to register just because you want to convert token or coin for just a few dollars.

[RealMalatesta]

Based up on my own experience then the most bad or sucks big time kind of exchange would be Yobit.net/com! Lets just exclude those totally been taken down by hacks and become scam but this exchange is shady as fuck big time.

1. No support/ They dont ever answer
2. Lots of shady coins
3. High House edge of their gambling games
4. Often wallet maintenance

Surprisingly this exchange is still running up to now and im surprised that there are still users who do make use of this
platform.

Oh yeaaah, these are the real annoying bits. I mean it is not easy to actually become this bad, like how the hell do you become an exchange and have zero support or very slow support? The shady coin part is a bit understandable, it does make the exchange not so much liked and all but those shady coins need a place to be exchanged anyway, so eventually one place will take it and that is why they will end up with something like a shitcoin here and there so that's fine, plus they are making profit from that as well.


There is nothing that can be done about the gambling part since if an exchange decided to go with gambling route, then they already gave up. Wallet maintenance is okay if you do it on different coins all the time because it would allow them to improve, but I have seen on the same coins back to back as well. All in all exchanges can be so annoying sometimes.

[Issa56]

Seriously I know of one exchange which is stormgain exchange, to trade on the exchange is relatively easily and to make deposit on the exchange is also easy but to make withdrawal on the exchange is problem. I mined on the exchange which I didn't meet up with the minimum withdrawal of the exchange so I decided to deposit money from my binance exchange then I will add it to the one I was having there so that I can withdraw it, after depositing then I wanted to make withdrawal it takes 4days before my withdrawal was successful I messaged there support they didn't respond after complaining on there Telegram group I was banned then I lost hope after like 4 days I just saw that my withdrawal was successful. Since then I never deposited my money into an unknown exchange anymore.

[Yamifoud]

There are lots of exchanges available in this crypto platform. Binance kucoin coinbase houbi and so many good exchange Where people keep trading daily. But apart from that, sometimes we need to use unknown exchange for trading. Some may good and some may bad. And thats what I'm looking for! Your selected worst exchange, may best for others but it doesn’t matter. Share the name of exchange which gave you worst trading experience, scam your fund or sometime else. Share, so that others can alert from it.

Actually, I forgot those exchanges and I don't want to remember them as well. And that is because I use them once, well, it went well and my withdrawals arrive but to say about the safety of our funds there, that can be uncertain and so not to use again. Even in Bittrex exchanges, I don't visit them back while leaving some coins there and I have to move on.

Mostly scam projects will ask KYC even just a simple registration, that should we need to be careful. They'll not just to scam money from you but also your profile/personal ID.

[DoublerHunter]

There are lots of exchanges available in this crypto platform. Binance kucoin coinbase houbi and so many good exchange Where people keep trading daily. But apart from that, sometimes we need to use unknown exchange for trading. Some may good and some may bad. And thats what I'm looking for! Your selected worst exchange, may best for others but it doesn’t matter. Share the name of exchange which gave you worst trading experience, scam your fund or sometime else. Share, so that others can alert from it.

^ Luckily, I don't have encountered a problem even I use unknown exchange because I always read the TOS and FAQ before I decide to use it even though they are unknown. I spent one day searching for their feedbacks and sometimes I will join first on their community like telegram and tweeter to gather information. Once all requirements are suitable to may standard in picking exchange then I will choose that exchange.
However, this story I won't consider this as worst because in the end I still got my fund, a long period of process withdrawal, I keep updating on their social media account, and later on the money was I received.

[Questat]

I can't remember anymore what exchanges they are as if I use them, I only used it a few times.

Most of my trades are done in reputable exchanges like Binance and Kucoin.
Also, I do trade with hitbtc and yobit, I heard they have bad feedback but personally, I have not experienced being scammed, hopefully, it will not happen to me as until now I am still an active user.

my problem with hitbtc is their withdrawal fee, but I never faced a problem my withdrawals are getting hold.

[Sihab76]

A dozen of exchanges have trading experienced but I can easily say that latoken exchange is the worst exchange in the cryptocurrencies trading platform because every scams and shit projects are listing on latoken and after launching on latoken it's values gradually decreased.