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Author Topic: Worst exchange you experience for trading  (Read 1190 times)
savetheFORUM
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December 18, 2021, 08:24:06 PM
 #41

I usually go registering new exchanges only when they are having support through bitcointalk or it needs to be recommended by my friends or colleagues.

Usually I do not believe into any recommendation made through social media especially telegram. Always listening to the trusted community will help for sure.
You sound like that you are an experiences with all crypto works. I have learned this kind of procedures while availing any new services but practically I am not following them but it is really nice you are sharing your experience like you're already into such practices. I believe it would be a better practice when we are taking precautionary steps before facing any big problems with our hard earned money.

Simply, avoiding new and lesser known exchanges will be a good practice to avoid all the problems related to exchanges.
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December 18, 2021, 08:47:32 PM
 #42

I have my bad experience with DEX before where fees are being wasted because of the error on the transactions and so far this is my worst experience though I don’t have one on CEX since I only choose the best exchange for this and I believe that they are too perfect for me not to learn how to access their site.
We all have our worst experience in some exchange and it's always annoying or irritating especially you are trading then the exchange is either scam or shady in which there's a sudden decision from their dev to hold all of your asset on their exchange yet this is their unique style of doing an exit to scam all of their traders and investors. But when Binance is introduced to me, at first I was so hesitant to trust them since I don't know them that time but so far when I tried to use it I kinda like it and been using it for a year. But now, since they required their customers to pass the KYC I just stopped using it since I don't like the idea passing some KYC which they should follow or they close.

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December 18, 2021, 11:04:52 PM
 #43

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

I think they have to be the worst exchange I have used in my books, one time I ended up paying way more than any other exchange would charge for withdrawing an altcoin I think it was close to $100, it was an erc20 altcoins l and they just listed newly in the exchange and I was trying to take advantage;f the price difference on both exchange I was losing. I regret that transaction until today and not surprised when I see write up of how awful this exchange is.

Sometimes I wonder why they still have patronage, I remember seeing they have one of the worst withdrawal fees for Bitcoin transaction way back. Exchanges that are considered scammy don't even have such withdrawal fees. Also their customers service aren't as reliable as the top exchanges. Hitbtc overall is just a poor exchange as they get poor rating from all angles.

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December 19, 2021, 02:33:00 PM
 #44

The number of scams that occur in cryptocurrencies makes us have to be more vigilant and more careful when we meet new projects. It needs careful consideration when you will join in a project. Even if you are very careful, scammers can still infiltrate from one way or another, technological developments are so agile, unfortunately some people take advantage of this for bad things.
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December 19, 2021, 02:40:11 PM
 #45

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.
Not experience one yet, because before i do trading, i asked first or maybe not entering at all exchanges that suspicious. But if i don't have choice, then i will ask in my facebook group first if the exchange have a problem with withdrawal or not. My suggestion if only for daily trading, just pick big exchanges maybe at least technical error is less to happened. If worst experience like lose in trading, we can't blame the exchange.

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December 19, 2021, 03:59:36 PM
 #46

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 sometimes else. Share, so that others can alert from it.

I was fortunate that I have chosen trusted exchanges and so far, I didn't experience any inconvenience with top exchanges. I was tempted to use new exchanges before due to curiosity but I was afraid to take the risks despite the rewards and promos that they're offering. It's still important that we'll do a series of research first before using a certain exchange so we'll never put our funds at risk.
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December 20, 2021, 11:14:27 AM
 #47

Probably youbit.net,HitBTC and Tradeogre(if I remember the name correctly).
That was 4-5 years ago,when ICO tokens were a thing.I wasn't fascinated by ICO tokens that much,so I wanted to sell them for BTC as quickly as possible.
I got lots of annoying spam emails from yobit.net about newly launching shitcoins,tokens and "investment plans".I also couldn't delete my yobit account,which was annoying as well.
I don't remember being scammed,but the overall experience was bad.
My experience with HitBTC and Tradeorge was a little bit better,but the withdrawal fees on both crypto exchanges were pretty high for some reason.

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December 22, 2021, 10:29:16 PM
 #48

I always check feedback if i need to go for unknown exchange. Sometime its necessary to go there as you told. there are bulk of bad exchange like Bittrex, bkex where i face most problem for trading. Account freeze problem,  currency deposit weren't not arrived on time, withdrawal issue. Even some korean exchanges are also bad! One of those, didn’t give my fund back, no support no service. I need to go there for sell my bounty token.

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December 22, 2021, 10:36:39 PM
 #49

I have my bad experience with DEX before where fees are being wasted because of the error on the transactions and so far this is my worst experience though I don’t have one on CEX since I only choose the best exchange for this and I believe that they are too perfect for me not to learn how to access their site.
I usually avoid dexes these days.

Especially if they're in the Ethereum network because of the fees. There's no problem with those dex from BSC.

But those with the erc20 tokens and dex, they're a big problem to me because of the high fees and I know everyone can relate from it.

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December 22, 2021, 10:52:47 PM
 #50

I always check feedback if i need to go for unknown exchange. Sometime its necessary to go there as you told. there are bulk of bad exchange like Bittrex, bkex where i face most problem for trading. Account freeze problem,  currency deposit weren't not arrived on time, withdrawal issue. Even some korean exchanges are also bad! One of those, didn’t give my fund back, no support no service. I need to go there for sell my bounty token.

Support - that's in fact the most common issue with a number of exchanges and I do love an exchange that takes the extra step to ensure that they can deal with customers complaints no matter how good their exchange platform or system is. I've experienced similar situation with deposit not getting credited and what's even more frustrating is when there's no one from the exchange's customer support team handling your issue. Anyway, when I experience such, I usually hesitate before using such exchange.

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December 22, 2021, 11:31:51 PM
 #51

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 only time I use another exchange aside from Binance is when the coin I have is not available on said exchange. Ican't remember the names of exchange that I have used and the only bad things that I knew that those exchange gave me was the withdrawal fees and the KYC. But most of them don't require KYC as they are knew ang gaining fame and users.

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December 23, 2021, 02:32:36 AM
 #52

I have tried many international exchanges, I basically do not try to use the new or unknown exchanges because there are many of them scam, but even the global exchanges have different features from each other, they have good and bad features, for me the worst exchange I traded in is probably Yobite because it is contains a lot of worthless Shitcoin also there is a lot of misinformation where you buy a coin of hundreds of dollars today and the next day you find the price of a few cents, of course they do not deceive you directly but many beginners fall victim to these scam coins and this is basically the fault of the exchange Because it allows that to happen.


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December 23, 2021, 02:46:31 AM
 #53

I do not trade without exchanging good quality. Currently I trade in 5 or 6 exchanges almost all of them are good, but if I compare among them, there is a little different in position i just say about Coinsbit where I do not feel comfortable. Although their security and all other all right. Its my personal opinion.
your experience may also happen a lot to everyone who is in crypto, rarely trade only for one exchange because it is adjusted to the situation. because with many exchanges used, we can find out what needs are suitable for each what we will do in time.

I've been doing the same thing all this time and there are rarely any inconveniences, even if there are usually it can be resolved in a good way and can be completed completely. it's just that there has been a delay which until now can't be resolved properly but because the volume is not large I don't mind it and can accept it, if I'm not mistaken at that time I was stuck with HitBtc and until now I also rarely use it.

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December 23, 2021, 10:32:43 AM
 #54

I not used many exchanges but worst exchange I found is Coinsbit. Very low volume here and i saw some token are very low from their ICO price.
P2pb2b is also worst exchange. New coins  volume is very low here Also but better than coinsbit.
Hotbit also sometime show bad volume and I don't like this exchange also.









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December 23, 2021, 12:07:39 PM
 #55

I agree with most of the names that was given by other members. Yobit, P2B, HitBtc and more.
What I don't understand is how come there are still people trading inside those exchanges without even having the knowledge of how bad they are or perhaps they are all fake accounts of the exchanges. Is that possible?
There is one name I am trying to remember but because I didn't use for a long time it's deep in my memories. I'll put it right away when it pops on my mind. Worst experience is support and I think many traders have gone with this boring path of waiting and follow ups.

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December 23, 2021, 12:20:06 PM
 #56

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

I think they have to be the worst exchange I have used in my books, one time I ended up paying way more than any other exchange would charge for withdrawing an altcoin I think it was close to $100, it was an erc20 altcoins l and they just listed newly in the exchange and I was trying to take advantage;f the price difference on both exchange I was losing. I regret that transaction until today and not surprised when I see write up of how awful this exchange is.

Sometimes I wonder why they still have patronage, I remember seeing they have one of the worst withdrawal fees for Bitcoin transaction way back. Exchanges that are considered scammy don't even have such withdrawal fees. Also their customers service aren't as reliable as the top exchanges. Hitbtc overall is just a poor exchange as they get poor rating from all angles.

I know about their rating and it's not good but I am still using the site, not encouraging everyone but saying this based on my experience. The only thing I don't like is their high withdrawal fees which I think they had already uniform it on all assets they have. Of course, there's plenty of exchanges as an option, it always depends on us on where we are comfortable with.

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December 23, 2021, 12:32:20 PM
 #57

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 have never used any unknown or unpopular exchange before. It has always been popular exchanges that I have been making use of. The first that I started with was Coinbase and then later I got to discover about Binance exchange, and since they charges lesser fees than Coinbase when it comes to trading, I had to start doing most of my trading on the Binance exchange.

But I have been scammed once, but that wasn’t on an exchange, rather it was during a one-on-one trading experience. Then I was still a noob and never knew how these exchanges things works, and I went to one forum looking for who to sell my bitcoins to, and got scammed by someone, but it was just a small amount. But I also met reliable traders that I can sell to at a better rate than even exchanges. As for the exchanges, I have been trading with Binance and Coinbase for long and never considered changing to any other exchange.

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pgbit
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Trident Protocol | Simple «buy-hold-earn» system!


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December 23, 2021, 01:04:08 PM
 #58

I have used a lot of exchanges like Binance KUcoin BYbit Pancakerswap but the worst one is p2pb2b. this is a very worst exchange for me because when I use it, I always got lost because of its chart.

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sarmrakib
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December 23, 2021, 01:06:08 PM
 #59

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.
We have all the top list exchange on our hand to choose so there is no need to trade on Unknown exchange .I always use well known exchange where i never faced any issue .If i wanna share my bad experience to you about worst exchange in my crypto life it will be etherdelta what i used at the beginning of my crypto life .This was a DEX platform and it was really popular than but after connecting my wallet my fund was lost so i never did trust this exchange after having such a scammed .As i know the name change into Forkdelta and i didn't try it so don't wanna comments on that .However we need to trade on reputed exchange to make our fund safe and secure .

cheezcarls
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December 23, 2021, 01:42:11 PM
 #60

Since I am not a day trader, I can’t say which of these exchanges are the worst for me to trade. However, there’s one exchange that gave me the worst experience in depositing my tokens which is BitForex. I seem to forgot already about the coin that I was suppose to deposit there but it was stuck for days and customer support was very slow and bad. I think it was 1 or 2 years ago.
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