What can you say about these exchanges? Are there any problems?

[infazan]

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Over the past few years, many new exchanges have emerged. The list of exchanges is shown in the screenshots above and below (there are also several older exchanges). There are threads on Bitcointalk about some exchanges, but most are not. Meanwhile, Google Play shows that some exchange apps have been downloaded 50000 times, some even 100000 times or more. This means that people are clearly using these exchanges, but there are no reviews online for most of them. So, I thought I'd ask: are any of you registered on any of the exchanges listed below? How do they work in practice when trading? I'm primarily interested in futures trading.

I'm also interested in the following: have you had any issues withdrawing cryptocurrency? Perhaps your account was blocked? Or was there a verification issue? Also, regarding trading, are the volumes on the exchanges real and do they have liquidity walls? Simply tell me which exchange you encountered any issues on.

The list of exchanges is listed alphabetically below.

Aivora
AscendEX
AstralX
Backpack
Batonex
Biconomy
Biking
Bitcastle
Bitmart
BitradeX
Bitrue
Bitunix
BlockFin
BloFin
Btcc
Bydfi
Bvox
Ceex
Cex.io
CoinCatch
CoinEx
CoinUp
Coinlocally
CoinW
Cofinex
Crypto.com
Darkex
Deepcoin
Deribit
DigiFinex
Echobit
EasiCoin
Eeee.com
FameEx
GaiaEx
Gemini
HiBT
Hotcoin
HPX
Ibit
Ju.com
Kcex
Koinbay
Lbank
Levex
NovaEx
OrangeX
Ourbit
Phemex
Pionex
Sunx
Tapbit
Toobit
Top.one
TruBit
Uzx.com
Websea
Whitebit
Weex
Woox
XT
Yex
Yubit
Zedxion
Zedxex
Zoomex

[infazan]

Reserve

[BitMaxz]

Where did you get this list?
I only see 8 exchanges that I know, but some of these exchanges are fraudulent, like Phemex, which recently had a breach issue last January.

Why big exchanges are not listed there like Binance and OKX?
It is risky to use any of these except to some exchanges that I use before like Coinex and BYDfi.

[tvplus006]

Over the past few years, many new exchanges have emerged. The list of exchanges is shown in the screenshots above and below

There is no point in using these unknown exchanges if there are enough time-tested cryptocurrency exchanges on the market right now. You should not subject your deposit to such tests, as a result of which you may lose it.

[infazan]

Where did you get this list?
I only see 8 exchanges that I know, but some of these exchanges are fraudulent, like Phemex, which recently had a breach issue last January.

Why big exchanges are not listed there like Binance and OKX?
It is risky to use any of these except to some exchanges that I use before like Coinex and BYDfi.

This list of exchanges is taken from the coinmarketcap website in the exchanges section. Link - https://coinmarketcap.com/rankings/exchanges/

What's the point of adding Binance or OKX to the list if these are already well-known exchanges for a long time? That is why I did not add well-known exchanges, but listed those exchanges that were not discussed on this forum

[FinneysTrueVision]

This list of exchanges is taken from the coinmarketcap website in the exchanges section. Link - https://coinmarketcap.com/rankings/exchanges/

I doubt anybody on this forum has ever heard of Koinbay, yet they somehow have over $11 billion in trading volume in the past 24 hours. Maybe they offer really high leverage or just have a lot of wash trading, but I wouldn’t consider them trustworthy based on their reported volume alone. They have a 4 star rating on Trustpilot, but almost all of their reviews appear to be fake, including those from verified profiles.

It is best to avoid anything that is unknown and isn’t well vetted by the community. If they get hacked, their anonymous owners will disappear and you will never see those funds again.

[Coyster]

So, I thought I'd ask: are any of you registered on any of the exchanges listed below? How do they work in practice when trading? I'm primarily interested in futures trading.

Nope. I do not have an account on any of the exchanges you listed. Most of them are pretty much unknown exchanges, so you'd struggle to find too many people who have accounts in them.

I'm also interested in the following: have you had any issues withdrawing cryptocurrency? Perhaps your account was blocked? Or was there a verification issue? Also, regarding trading, are the volumes on the exchanges real and do they have liquidity walls? Simply tell me which exchange you encountered any issues on.

Mind you that even if there are users who have used some of these exchanges without any issues, it does not mean they are safe and your own experience could be different. Any exchange can block account or withdrawals, or ask for stringent KYC verification, etc, but the reason why it is better to trade in well-known exchanges is because too many unknown exchanges are flat out scam, and the moment you deposit a big amount in their platform, they'll steal it.

[Findingnemo]

Meanwhile, Google Play shows that some exchange apps have been downloaded 50000 times, some even 100000 times or more. This means that people are clearly using these exchanges, but there are no reviews online for most of them. So, I thought I'd ask: are any of you registered on any of the exchanges listed below? How do they work in practice when trading? I'm primarily interested in futures trading.

The number of downloads doesn't necessarily mean people are using that exchanges, it could be they randomly downloaded, or it's done by the team itself with bot accounts to increase the download counts.

Out of all these I can recognize only two, there might be more but with the long list I kind of lost in the middle.

My suggestion, stick with the most popular ones such as Binance, Coinbase so that you may not have issues.

[Oneandpure]

Regarding your exchange list not fully popular and just know right now about that exchange, but I have used several exchange list by OP from Bitmart, Crypto.com, Darkex, DigiFinex and Lbank exchange. All that exchange are trusted without get problem when withdrawing, deposit or trading coins there. For DigiFinex is my favorite exchange for selling coins when landing from bounties campaign, there are always support listing coins from bounties campaign and withdrawal fund there without have any problem.
I don't brave recommended any not popular exchange scare will get difficult when withdrawing fund later, have any exchange like XT always listing new coins early than other exchange and can't guarantee is the same coins will list at other market. Right now many exchange manipulated when listing new coins by using the same symbol and name but the contract address coins is difference, usually happening with meme coins.

[AmoreJaz]

Regarding your exchange list not fully popular and just know right now about that exchange, but I have used several exchange list by OP from Bitmart, Crypto.com, Darkex, DigiFinex and Lbank exchange. All that exchange are trusted without get problem when withdrawing, deposit or trading coins there. For DigiFinex is my favorite exchange for selling coins when landing from bounties campaign, there are always support listing coins from bounties campaign and withdrawal fund there without have any problem.
I don't brave recommended any not popular exchange scare will get difficult when withdrawing fund later, have any exchange like XT always listing new coins early than other exchange and can't guarantee is the same coins will list at other market. Right now many exchange manipulated when listing new coins by using the same symbol and name but the contract address coins is difference, usually happening with meme coins.

I've been here for so many years in crypto, and yet, I only used few of these exchanges. But mostly binance, kucoin, and one of my local exchange. But the list provided by the OP, that's a long list already. If you don't know the reputation of the exchange, don't use it as your trading platform. You can also check the market volume/liquidity in coinmarketcap . At least have an idea how the exchange itself is doing in terms of trading activities.

[Stable090]

This means that people are clearly using these exchanges, but there are no reviews online for most of them.

Do you still trust reviews which you see online? I don’t really trust them, because it’s not difficult to make reviews, you can just start up a campaign, you going to pay people to make a positive review about a app online, so anyone that check review will think those apps are real, but they are fake apps, until you download and start making use of it before you know they are fake.

So, I thought I'd ask: are any of you registered on any of the exchanges listed below? How do they work in practice when trading? I'm primarily interested in futures trading.

If you are interested in trading, and future trading, don’t you see reputable exchanges which you can make use of, why do you want to choose from the exchanges which you listed above? Does it even make any sense, I don’t know most of the exchanges which you listed, and even the ones which I know are not really trustworthy, so I will recommend you stay away from them. If you want to trade either future trading or spot trading, then you should make use of reputable exchange, and stop trying to take unnecessary risk.

[Zanab247]

They are new to me, and I don't like to use new exchange that is new in the industry, because they are not safe for people to sell their coins or buy coins to have peace of mind. Checking some people feedback in some exchange, it will make you to know how good they are but sometimes, the owners of the exchange can hire some users that will be giving good feedback about the exchange for other people to start using it.

There is one exchange that is so popular in my country which is Binance exchange, and am not seeing it here, the exchange is safe for any kind of transaction you want to make and you will see the coins in your wallet complete.

[tvplus006]

...There is one exchange that is so popular in my country which is Binance exchange, and am not seeing it here, the exchange is safe for any kind of transaction you want to make and you will see the coins in your wallet complete.

Not only Binance is missing from this list, but also other good exchanges, such as Bybit, KuCoin, OKX and Coinbase. It is these exchanges that are trusted by users for their long work. Of course, these exchanges also had problems, but they solved them with dignity.

[Asuspawer09]

There are only two exchanges I think that is familiar to me here, I mean these are just unpopular exchanges for sure there are a lot of exchanges out there for sure that you could use, but this is expected to happened since your not really going to use something that is not kinda popular especially if its involve money you want to use the best exchanges so that you investment is secured and you could have some piece of mind even though there are chances that you might lose your investment even though your already on a popular one.

They need to do more if they want to get recognize, I mean i've been here in the crypto space for years as well, and there are a lot of popular exchanges in the past years than get bankrupt and die down, but there are also some that still operating and doing great as a business I think, I mean maybe this is just a matter of business, for sure there are competitors that is going to try.

But we need to remember that this is crypto, so I wouldn't really going to be surprised if 50% of the list is a scam exchange, because it is just so easy to scam money on this kind of website.

[Coyster]

There is one exchange that is so popular in my country which is Binance exchange, and am not seeing it here, the exchange is safe for any kind of transaction you want to make and you will see the coins in your wallet complete.

OP already said they purposely omitted binance and other popular exchanges, because they wanted to get an idea about exchanges that are not so popular, though i don't think it is a good idea to be interested in new or unknown exchanges. That said, it must also be pointed out that any exchange can seize ones coins, even the popular exchanges. So even though they are a better option, one must use them with the idea that they can possibly lock you out of your funds.

[tsaroz]

Among them Pionex is the one I use as my main exchange and where most of my portfolio is. People might find it a bit difficult to get used to it but if you are into bot trading, there's no better alternative than pionex. Their bot trading fees are cheaper than binance and have many bots to choose from.

I'm also quite familiar with Coinex as I was invited for being a member of ViaBTC. Even though I have some bad experience as early investor of the CET coin, the exchange is overall good. I used to use it quite often as it had very low withdrawal fees, same transaction fees as most popular exchanges and holding CET gave more fees discount.

I might have used CEX.io and Bitmart a few times, have watched ads for Bittrue many times but never used it. I know some other for being popular or a part of another popular service. Like Gemini, Crypto.com's exchange, but have never used them personally.

[Potato Chips]

I'm in the same boat as others, I've never heard of majority of the exchanges listed. I've been really careful on choosing which exchange to use seeing how rampant scams have been—with scam exchanges being created left and right throughout the years.

Unfortunately op, any exchange with standard aml/kyc policies can always halt your withdrawal until you comply—kyc verification. You can verify this by reading the exchange fine prints like terms and conditions. I usually use the find function to easily find them.

And yes, some legit exchange do inflate their volume especially during the old days. But the extent of it differs per exchange.

[Strongkored]

I've traded on BitMart a few times, but only to sell tokens that aren't available elsewhere.
Everything went smoothly, but I found it to be quiet, with very slow movement. If I'm not mistaken, they use one-time addresses, so I lost tokens there. This was my first experience trading on an exchange that uses one-time address deposits.

[Zaguru12]

OP already said they purposely omitted binance and other popular exchanges, because they wanted to get an idea about exchanges that are not so popular, though i don't think it is a good idea to be interested in new or unknown exchanges. That said, it must also be pointed out that any exchange can seize ones coins, even the popular exchanges. So even though they are a better option, one must use them with the idea that they can possibly lock you out of your funds.

One strategy I will always say is never ever use all this unknown exchanges or rather all this exchanges without much liquidity should only be visited only when they are the last resort to be sorted, personally I think the best option has always been the larger exchanges with much liquidity although they are not also immune to hacks because we saw very big exchanges like FTX, Mt. Gox got into trouble one time, but it’s better to trade on bigger exchanges because of liquidity.

One the list by OP there are many exchanges there that are just new and to be sincere it will be a risk taken too much to actually use this type of exchanges

[traderethereum]

I only know some of those lists such as Crypto.com, CEX.io and Pionex. I don't pay too much attention to other exchanges. But I don't use the three exchanges that I mentioned because Binance, BitGet, and KuCoin are enough for me to trade. I can't handle too many exchanges and that can make me confuse managing them. But with the last three exchanges I mentioned, I used it to trade although I need more time to manage my trading time. I don't get any problems using the last exchanges I mentioned so I can trade comfortably.