Im TIRED of SCAM exchanges - is there an verified list

[zigger33]

Hello Guys,

im tired of this SCAM exchanges theres full of them out there..  you just cant trust anyone nowadays

is there somekind of list with legit - verified exchanges where the list is constantly updating if there is some bad news happening ore withdrawls getting delayed etc..


does anyone know if this exchanges operate and are thrustworthy:

https://lexmo.com
https://hitbtc.com
https://latoken.com/
https://www.coinw.com/

thanks

[BabyBandit]

Hello Guys,

im tired of this SCAM exchanges theres full of them out there..  you just cant trust anyone nowadays

is there somekind of list with legit - verified exchanges where the list is constantly updating if there is some bad news happening ore withdrawls getting delayed etc..


does anyone know if this exchanges operate and are thrustworthy:

https://lexmo.com
https://hitbtc.com
https://latoken.com/
https://www.coinw.com/

thanks

When I tried to open https://lexmo.com i got this warning "Warning: Potential Security Risk Ahead"  So I closed the browser and didn't even try to open the others.
I am no expert in good Exchanges. But it's one good with an active thread here. https://exch.cx/ check it out, they are good and legit.

[Ben Barubal]

  Before, I tried Hitbtc and Latoken, so it's just not suitable to use for me; it's just an opinion. Because most of the ones listed on Latoken are actually shitcoins and fake volumes of the coins listed here.

  Then in Hitbtc, the fee is very expensive. In my experience, it's really different when you use the exchanges that are in the top 20 listed in the market than the exchanges you mentioned, which are worthless in my opinion.

[Potato Chips]

First, where are you finding your exchanges? i think that could be a problem as well.

Hitbtc is known for it's scammy behavior - search threads on bitcointalk and reddit. I've heard of latoken years ago but I've no idea how it's doing now... The other two? never heard of them. If it's a CEx, much better to go with the long established exchanges like kucoin, bybit, kraken, etc.

I don't think there is a verified list which you speak of but you could always look up what people are saying about a particular exchange. For instance I typically look for posts in bitcointalk.org, reddit.com or sometimes twitter.

[tranthidung]

There are many scam and dead exchanges, your list is too small.

Cryptocurrency exchange graveyard. You will see many reasons to cause those exchange deaths and scam is one of reasons.

Storing your money on exchanges is risky.

• Reminder: do not keep your money in online accounts

[hugeblack]

https://lexmo.com
https://hitbtc.com
https://latoken.com/
https://www.coinw.com/

thanks

I don't know what the reasons are that made your options limited to these platforms, but hitbtc.com has a long history of selective fraud. latoken.com is an unknown platform and it seems that they bought several positive reviews to appear as if they were a good service. The rest of the services are unknown, and if you search online, you will not find them. Something about them so it's best to avoid them.
What exactly are you trying to find that we may be able to help you with?

[Tytanowy Janusz]

does anyone know if this exchanges operate and are thrustworthy:

https://lexmo.com
https://hitbtc.com
https://latoken.com/
https://www.coinw.com/

thanks

None of them are thrustworthy. All of the above are either small, niche and known for shady behavior, or small, niche and unknown to anyone. All of them additionally have fake volume, fake order book, huge spreads and, as a result, huge transaction costs. They do not have a large active user base nor are they regulated entities nor even tries to be regulated. you have to trust them not to cheat you and the economy drives them to cheat. They have nothing to lose (brand, customer trust, reputation), they do not generate large profits, and customers' wallets have funds that are tempting. I would avoid any of these.
The only exchanges that can be trusted are Binance and Coinbase. Maybe kucoin, but the list is slowly ending. But I have a good news for you. All you need is 1 good exchange. You don't have to have the whole list.

[zigger33]

the problem is most of this exchanges are listed either on  defilama :   https://defillama.com/cexs


ore  other several known crypto informative websites


for example coinmarketcap :https://coinmarketcap.com/exchanges/bibox/


also cryptocompare.com : https://www.cryptocompare.com/exchanges/bibox/overview


there should be somekind of website which is authentic to verify this exchanges on daily basis  howcome nobody come up with that ? trust nowadays is very important and let there is none we are moving billions of dollars on this exchanges and nobody knows nothing of this exchanges

[hugeblack]

the problem is most of this exchanges are listed either on  defilama :   https://defillama.com/cexs

There are about 41 CEXs published on this site, and none of the platforms I mentioned are among the top 20 platforms. On the contrary, some of them are not listed:

 - lexmo.com: not listed
 - hitbtc.com: not listed
 - latoken.com : NO 30
 - coinw.com: NO 24

So you have the first 15 CEXs, choose any of them.

Also, if you do not want to complete KYC, try DEXs

[rat03gopoh]

the problem is most of this exchanges are listed either on  defilama


ore  other several known crypto informative websites


for example coinmarketcap


also cryptocompare.com

They're simply aggregators who dont selectively list exchanges worth using, their verification based on their customer reports (although a bit too late to raise a warning flag). You should never use sites like that as personal recommendations.

[KingsDen]

Hello Guys,

im tired of this SCAM exchanges theres full of them out there..  you just cant trust anyone nowadays

is there somekind of list with legit - verified exchanges where the list is constantly updating if there is some bad news happening ore withdrawls getting delayed etc..


does anyone know if this exchanges operate and are thrustworthy:

https://lexmo.com
https://hitbtc.com
https://latoken.com/
https://www.coinw.com/

thanks

What could be the reason that people go for unpopular and unreliable exchanges. Maybe exchanges that are very new and unrelated. Could it be that they offer some irresistible offers or what?
Could it be that the have good trading pair or maybe the do not KYC. I really want to know why people will leave some reputable and established exchanges to patronise relatively new and likely scam exchanges.

[Kelward]

Why go further down the ladder when you can choose from top exchanges that have good reputations. When it comes to crypto affairs, whether it's crypto coins or exchanges, I go with the ones that come highly recommended, because from my observation there are lots of scam altcoins, so it's not surprising that there'll be scam exchanges too. Except these unpopular exchanges have something unique and different to offer, it's best to stick with trusted exchanges like binance, kucoin and other established exchanges.

[Hamza2424]

Why, don't you use the tracker? You can track exchanges by different means by their volume, and trust score ranking, even with the maximum supported pairs as well. The above exchanges you've mentioned I've never even tried before. Seems like whoever mentored you, completely misguided you. If you find them by yourself haha seems like you were on the wrong track.

Here on the forum there's no automated system, every post need to be updated by user, except for a few cases, so better relie on the trackers as CMC, Congecko.

[Bananington]

im tired of this SCAM exchanges theres full of them out there..  you just cant trust anyone nowadays

There are many scam exchanges, you are the one looking for problems for yourself by trying to use exchanges that are not the popular ones that are always mentioned here and used by many cryptocurrency users. Why did you need to go searching for others, or have you never heard of Binance, Kucoin, Okx? @OP. Those are common exchanges, that even though cannot be trusted fully to keep your investments, but can be trusted for their long time in the market and old reputation.

[Wapfika]

Hello Guys,

im tired of this SCAM exchanges theres full of them out there..  you just cant trust anyone nowadays

is there somekind of list with legit - verified exchanges where the list is constantly updating if there is some bad news happening ore withdrawls getting delayed etc..


does anyone know if this exchanges operate and are thrustworthy:

https://lexmo.com
https://hitbtc.com
https://latoken.com/
https://www.coinw.com/

thanks

Hitbtc and latoken has a very poor reputation exchange. The other 2 is completely unknown for me which is a red flag. If you are really tired on scam exchanges then why stick on popular brand such as Binance, Kucoin, Bybit and more instead of trying to use unknown exchange.

There’s a lot of DEX too that will save you from hassle of thinking whether exchange is scam since everything is transparent including the available liquidity. But I knew bestchange.com provides a collection of exchange which they trust. I’m not affiliated with them but they are on this business for a long term and established already good reputation so it’s worthy checking their service offer.

[bayu7adi]

Perhaps you could explain what you intend to do on the related exchange, as not everyone may understand your goals in choosing an exchange. Many people would be willing to provide exchange recommendations based on your goals. As long as the exchange you choose is not so popular at the moment and not familiar to many, it seems like a significant risk to transact or store big assets there.



I think this isn't a matter of rank, where I often use my local exchange, which is tokocrypto. Until now, I haven't seen any signs of suspicion that this exchange is fraudulent. Moreover, this exchange is regulated and officially monitored by government agencies in my country, so I'm confident that the rank doesn't have a significant impact here.

[Rehan Zakir]

These exchanges are not so big. It's means liquidity on these exchanges is very low. Price differences in buy and sell order book is very high. So, I can't prefer you to trade in these exchanges. I prefer you to start your trading from binance because it's the most legit exchange of the crypto industry. And the biggest exchange as well.

[jaberwock]

  Before, I tried Hitbtc and Latoken, so it's just not suitable to use for me; it's just an opinion. Because most of the ones listed on Latoken are actually shitcoins and fake volumes of the coins listed here.

  Then in Hitbtc, the fee is very expensive. In my experience, it's really different when you use the exchanges that are in the top 20 listed in the market than the exchanges you mentioned, which are worthless in my opinion.

These two are popular before and maybe they aren't that bad like now, because you know, many new exchanges have came out and surpassed their legacy. And it is normal for a failing exchange to just accept any tokens because they are still being paid with it. Hitbtc do only have a different approach.

Maybe they didn't accept much shitcoin but they only try to earn more via the expensive fees that they set. We don't know the other exchanges listed by the OP, so I wouldn't judge them yet. And when I check the CMC top exchange list, I'm surprised that there is a Coinw there. So maybe that exchange truly has a potential? And the other one might still be starting. Well, let's just see their performance later on if there is an improvement.

[Elpeor00]

Being honest, when dealing with CEXs you get used to bad service, the smaller ones are prone to selective fraud, fake volume and horrible transaction costs, even bigger, more reputable ones have the tendency to either being "hacked" or yield to regulatory pressure in ways that hurt their users rather than their business

  Before, I tried Hitbtc and Latoken, so it's just not suitable to use for me; it's just an opinion. Because most of the ones listed on Latoken are actually shitcoins and fake volumes of the coins listed here.

  Then in Hitbtc, the fee is very expensive. In my experience, it's really different when you use the exchanges that are in the top 20 listed in the market than the exchanges you mentioned, which are worthless in my opinion.

Same here, I remember Hitbtc being every bit as bad as yobit, decades old systematic frauds disguised as exchanges, haven't touched it since 2018

Latoken is a shitcoin hellhole, but if you think about it, most people knowleable about crypto use CEXs only when trading shitcoins

Hello Guys,

im tired of this SCAM exchanges theres full of them out there..  you just cant trust anyone nowadays

That's the whole point, you should use DEXs in order to have no need to trust someone, anyway, if you absolutely want to stick to centralized ones maybe you should try the biggest ones like kucoin and Binance, kucoin is the one I like more personally

[Timmzzy]

Hello Guys,

im tired of this SCAM exchanges theres full of them out there..  you just cant trust anyone nowadays

is there somekind of list with legit - verified exchanges where the list is constantly updating if there is some bad news happening ore withdrawls getting delayed etc..


does anyone know if this exchanges operate and are thrustworthy:

https://lexmo.com
https://hitbtc.com
https://latoken.com/
https://www.coinw.com/

thanks

The only exchange I know and have use for a long time is BINANCE, KUCOIN, BYBIT etc. talking of Latoken I only know it as a coin as at then just haven't used their exchange before.