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Author Topic: Worst exchange you experience for trading  (Read 1146 times)
AicecreaME
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December 23, 2021, 03:54:56 PM
 #61

Probably those sensitive exchanges, I won't name them but those who has only a a very small amount of withdrawal you could make per day if you're not a verified user. Those who do not requires KYC and yet after you deposited your money, they will force you to submit your KYC to be able to unlock your account, etc...
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December 23, 2021, 05:15:59 PM
 #62

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.
I received a Token from Giveaway but i see that this token only listed on p2pb2b exchange when i open this exchange then i see that kyc is mandatory for Deposit and Withdraw, i did it but still i cannot sell my token. So for trading i use Top exchange and for Temporary reason i use another low class exchange.                 

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December 23, 2021, 09:06:17 PM
 #63

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.
I received a Token from Giveaway but i see that this token only listed on p2pb2b exchange when i open this exchange then i see that kyc is mandatory for Deposit and Withdraw, i did it but still i cannot sell my token. So for trading i use Top exchange and for Temporary reason i use another low class exchange.                 
Some giveaway tokens and bounty tokens are listed in bad exchanges, yes, you can sell them but the volume is very low and they also demand a KYC. I'm thinking sometimes that these kinds of exchanges are only used by a fake project to show to the investors that the project is listed in an exchange and to let them feel that they are legit.

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December 24, 2021, 07:21:27 AM
 #64

I have some bitter experience on exchanges like cryptopia, yobit and even on coinbase but now I am using very few exchanges and those even on rare occasions so didn't remember anything in the recent months.

One instance I remember was from Hitbtc if I am not wrong where I deposited tokens after looking at the price on coinmarket cap but I realized the reported price from the exchange is not even 1 by 10th and more worse thing is I can't withdraw those tokens so I decided to sell them for loss and just removed the exchange from using forever.









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December 24, 2021, 08:18:17 AM
 #65

I never thought of trading on an unpopular exchange that would allow me to lose my assets. In my opinion, the choice of exchange is the most important thing which must be in a place that we trust, of course a place that is popular and has been trusted by many people.
So far I've only traded on a few very trusted exchanges and so far I haven't come across the worst.
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December 24, 2021, 04:05:14 PM
 #66

I do not usually trade on anonymous exchanges only when needed. From my little experience I saw that p2pb2b is not good exchange at all. I remember that my first transaction by made a deposit here once but it has been deposited and after some times gone again. I talked to the support about the matter and they did not return my balance for this reason i always avoid this exchange.

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December 24, 2021, 04:26:26 PM
 #67

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.
Those exchanges which had scammed were not into business anymore. This is the common scenario. Scammy exchanges cannot sustain in this crypto space. With the power of this community, we can push scammy exchanges to get shut down hence obvious scams cannot continue their bad behaviors for long duration.

Even I appreciate your efforts for this discussion; I guess it would be a good practice to have the list of reputed exchanges rather than looking for list of worst exchanges. When you know 2 to 5 reputed exchanges, I am sure you can survive in this crypto space without any major problems.

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December 26, 2021, 02:47:43 PM
 #68

I don't think I've had any bad encounters with any of the exchange site,the only challenge I think I can encounter regularly,on almost a my withdrawal is that the transaction fee is usually on the high side and that makes me withdraw once in a very long time.

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December 27, 2021, 06:51:47 PM
 #69

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 .
This is a problem that many newbie traders experiment, as they do not know a lot about the markets they have the tendency to choose an exchange that was recommended to them by some other people on social media but the truth is there are a lot of bots and fake reviews there, so there are very high chances that you end up trading in an exchange that is not trustworthy making your first experiences in this market extremely negative to the point that many give up and think the whole market is a scam, even if we know this is not the case.
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December 27, 2021, 07:02:53 PM
 #70

I have used many exchanges to trade in different coins, I have encountered many problems in those exchanges but I was able to solve those problems quickly in the rest except some exchanges. I have used the top exchanges of the present time, and their support team has responded at the right time so that even big problems can be solved without any hassle.

However, I once faced a big problem on Hitbtc and took leave from that exchange without any solution. So the worst exchange for me is hitbtc.

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December 27, 2021, 07:06:29 PM
 #71

Luckily for me I had never had any bad experience with any exchange, even in some of the newly established ones where my bounty tokens were listed, I usually exchanged my tokens to either bitcoin or ethereum and transfer it swiftly to my wallet to avoid any touching stories, I also took my time in choosing a reliable and trusted exchange for my trading which is Binance, I have read many negative remarks and reviews of some bad exchanges whose reputations are questionable thus I tried avoiding such type of exchange for trading.

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December 27, 2021, 08:46:59 PM
 #72

I've used several exchanges, and I must say that the exchange or rather, exchanges that gave me the worst trading experience are -
1. LATOKEN - I've come to hate this exchange and it's owners(who ever they are) with passion, I mean from high trading fees to high withdrawal fees, worst part is this exchange even collects deposit fee on any coin you deposit to the exchange, this is worst than worst.

2. HITBTC - I used to like this exchange until I discovered I can deposit any amount of coin to the exchange but can't withdraw all, that is your withdrawal amount must be in round numbers, like 100, 200, 500, 800, if you have 891, you can only withdraw 800 and the 91 remains on the exchange, you either have to look for a way to make it a round number or forfeit it to the exchange, this is what I call day light robbery.

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December 27, 2021, 09:33:39 PM
 #73

I don't think I've had any bad encounters with any of the exchange site,the only challenge I think I can encounter regularly,on almost a my withdrawal is that the transaction fee is usually on the high side and that makes me withdraw once in a very long time.
Same here I never had serious problems with any exchanges out there but the one that troubles me the most was Localbitcoins who technically isn't an exchange but I used to buy BTC and sometimes sell BTC on that website to the local users for cash. The website suddenly without any reason or logic forced me to do KYC which I never wanted to do. They even locked my funds which was immoral, I understand some exchanges may do KYC but they should have never locked my funds.

I ended up doing the KYC and getting funds out but it is something I will never forget and I make sure to let everyone know about this so they don't face the problem and at least LBC loses some customers Grin.

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December 27, 2021, 09:47:09 PM
 #74

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.
Never even heard of that exchange and at first sight, I thought you are paying p2p trades haha Grin.

For me the worst one has to be yoshit because they are shit and list any coin plus the exchange is a well known scam and while I didn't got scammed, I never had an easy time trading there.

I think the best one has to be Binance given how picky and careful they are when adding new coins and while their support sucks, there aren't many problems I have had on this platform for over a year or two now.
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December 27, 2021, 09:52:07 PM
 #75

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.
Never even heard of that exchange and at first sight, I thought you are paying p2p trades haha Grin.

For me the worst one has to be yoshit because they are shit and list any coin plus the exchange is a well known scam and while I didn't got scammed, I never had an easy time trading there.

I think the best one has to be Binance given how picky and careful they are when adding new coins and while their support sucks, there aren't many problems I have had on this platform for over a year or two now.
Im much aware p2pb2b which i had sold some coins which are only listed on that platform. I dont have any problems or bad experiences though but i wont turn back on using it as my main one.

For overall on being shit they Yobit does have that which does have shit support and very shady acts which the community does aware about that specially those old users here on this forum.
Nothing beats out on being shady on this platform but still surprisingly it is still running until today.

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December 28, 2021, 06:46:22 AM
 #76

Yobit, This is the shit exchange ever I have used. Just forget my password and username. So I tried to contact at there support, But they did not provide my details because they think it's not me(real user). But I have emailed them with my personal Email address(that I have used to create an account)
Still, I have some funds there, But cant able log in.
No keys, no coin.
If they want, I can get access to my account but they did not want it.
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December 28, 2021, 09:43:40 AM
 #77

I only use Binance so I don't think I don't have any bad experiences with exchanges, probably their uber secure log in process irks me a little but that's about it as I just need to be patient to deal with that problem.



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Rainbot
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December 28, 2021, 10:54:01 AM
 #78

I only use Binance so I don't think I don't have any bad experiences with exchanges, probably their uber secure log in process irks me a little but that's about it as I just need to be patient to deal with that problem.
Binance is indeed one of the exchanges used by many people and it proves that the exchange has good quality so that it has earned the trust of many people,
obviously Binance has various features for trading and that's a good thing

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December 28, 2021, 10:56:45 AM
 #79

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.
Every trader has a bad experience, are you talking about a bad trading experience? Or a bad exchange? Some users may call them bad exchanges that are in the top 5 around the world, due to their translation errors, for example, or their careless attitude to confidential personal data.
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December 30, 2021, 02:06:01 AM
 #80

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.

BCNEX was the worst experienced that I used before, because I deposited some of my funds then after a months I think, the platform was suddenly gone without giving any notice to their clients. It was a lesson learned actually in my part, that is why at this moment, I only used most of the time an exchange which are on top in the market only just like Binance, Kucoin, Gate.io and pancakeswap.

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