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Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: admin on July 18, 2020, 04:09:28 PM

Title: Tell about a bad experience with a crypto-exchange
Post by: admin on July 18, 2020, 04:09:28 PM
Did you have a bad experience with a cryptocurrency exchange ? which one ? what happened ?
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Rain075 on July 18, 2020, 04:14:16 PM
Did you have a bad experience with a cryptocurrency exchange ? which one ? what happened ?
I lost my latoken backup key hence I don't withdraw my assets.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Cryptoz on July 18, 2020, 11:54:10 PM
So far, I have no bad experience to the crypto exchange. I only use my local exchange in my country as the most used exchanges. Further, I also ever use lovecoin and they also serve well. And some others are like the small exchanges but they also serve good
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Coin63@ on July 19, 2020, 05:15:34 AM
Yes very person has a good or bad experience when he traded a crypto exchange. I have also have a bad experience when I first traded on kucoin. My first traded coin Solaris which pumped 50 usd per coin but I sold only 12 dollars per coin.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Btceth01 on July 19, 2020, 05:38:27 AM
I have no bad experience because I don't start trading any exchange.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Bobcrypto on July 19, 2020, 06:01:11 AM
If we actually start trading/hunting on different exchanges, then there may be different experiences from individuals. Many might had tried several exchanges either as a hunter or a trader. Hunters are always involved in trading on various exchanges because of different bounty campaigns with different exchanges listing.
I had one bad experience from a certain exchange, this was on high transactions fees. I traded on this exchange with very high transaction fee, unfortunately, this caused me a huge lost and I had decided not to trade or have any trading activities on this exchange.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: corr on July 19, 2020, 06:15:34 AM
Actually, I worked for a long time at the Cryptopia exchange. I think many of you have heard that this exchange has been hacked. I chose this exchange because it was officially registered in New Zealand and paid taxes. So I thought that if something bad happens to the exchange then I am guaranteed to get paid. But it turned out that lawsuits are still pending and I still have not received compensation.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: ansi on July 19, 2020, 02:11:43 PM
Well I've seen funny stories out there with EtherDelta back in the last Bull run of 2017 - 2018.
More than one people made some transactions where their Gas was like 1+ ETH lol, imagine that.
My experience with EtherDelta, my first used exchange when i joined crypto, was kind of hard but once i got it i loved it so much, that's why till today i love Dexes more than any other exchange out there.
Too bad the Dex niche is kind of doomed to failure after the dominance of those big Centralized exchanges.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: MrSpasybo on July 19, 2020, 02:31:47 PM
I haven't had much experience with exchanges, everything is fine. However, the Vietnamese community has been involved in a number of scams involving exchanges: Vietnamese people set up an exchange by themselves, then promoted, attracted users with high benefits and then disappeared with all assets of users.
Currently, there is a project related to the exchange, Bithera, they offer stake coin packages with profits up to 100% per year :)
I think this will be a bad experience for Vietnamese people with crypto exchanges.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Rakin343 on July 19, 2020, 02:57:34 PM
There are many exchange sites where there are both good and bad. There are some exchanges from which you have to pay a fee of 8$ to withdraw. There are some coins that don't sell for 8$ so how do you sell coins on that exchange? And there are more different evil aspects.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: masterrex on July 19, 2020, 03:07:50 PM
Did you have a bad experience with a cryptocurrency exchange ? which one ? what happened ?
In my entire crypto industry journey its only one cryptocurrency exchange that was give me a bad experience and it was the Yobit exchange its not just an accusation but a true experience, When I was deposited my Coinvest token in Yobit for trading it was not credited to my Yobit wallet after that months was pass still my deposit problem was not solve, until now because my support ticket is not even answer thats why I was approach to official Yobit twitter account for assistance but it seems the admin of their Twitter account was also a scammer because they ask me to give 0.01 BTC to fix my deposit problem. thats why since that time I never use Yobit exchange again.   
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Jaephoenix on July 19, 2020, 03:52:27 PM
I'm currently engrossed on a tangle with Coinsbit. I sent more than ten thousand Stellar Lumens, but forgot to add a memo. That's about 2 months now, I have been chatting support. No new story apart from wait. Recently they kicked me out out of their telegram forum for asking about the money
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: hair on July 19, 2020, 04:20:04 PM
I don't have a bad experience about exchanges, I always choose to use trusted exchanges with large volume of transactions. But I often hear that latoken exchange is bad service? anyone know the reason why?
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Renampun on July 19, 2020, 04:34:51 PM
I have a bad experience about depositing on an exchange, at that time I did not hear the news that the coins that I deposited did swap, I lost my coins because of the swap and I couldn't get the coins back.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: KryptoBull on July 19, 2020, 05:51:09 PM
I haven't had much experience with exchanges, everything is fine. However, the Vietnamese community has been involved in a number of scams involving exchanges: Vietnamese people set up an exchange by themselves, then promoted, attracted users with high benefits and then disappeared with all assets of users.
Currently, there is a project related to the exchange, Bithera, they offer stake coin packages with profits up to 100% per year :)
I think this will be a bad experience for Vietnamese people with crypto exchanges.
Haha, Bithera will bring Vietnamese users many unforgettable memories.
Some early participants will be able to receive benefits such as 100% stake/year + 50-5000% price increase as the project promises.
The remaining investors face to risk losing all their assets.
It is said that in Hanoi alone they have raised 2 million USD, but their current capitalization is only over 600 thousand USD :)
I think investors can have a bad experience even before the Bithera exchange has launched.

Title: Re: Tell about a bad experience with a crypto-exchange
Post by: zendicator on July 19, 2020, 06:07:11 PM
I thin my experience in hotbit, I deposited ethereum from a smart contract directly to hotbit but it was not credited to my account because they said they do not allow that kind of deposit. I have no idea about that because i rely on my experience in binance that they allo deposits from smart contract. Im glad that they took actions and bring back my ether.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Istiak on July 19, 2020, 07:03:03 PM
I had a very bad experience with marcatox exchange. I exchange my token and withdraw it. But they freeze my account and I contacted support. They said i had a security issue. They were not very responsive. I send them several messages but they told me to wait. May be after two weeks they send me a message and told me that there is another account from that same IP and I need to delete one account. I told them to deleted the other one. I thought i won't get my fund back.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Quart on July 19, 2020, 11:19:28 PM
Yes, there is an exchange that has high limit of trading amount. It makes us cannot trade in small amount of even ETH that we have. There is also high exchange transaction fees that we must pay moreover the withdrawal fees. Well, but actually the system and process is great enough.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Prime on July 19, 2020, 11:24:20 PM
I have many bad experience in new exchanges. I am following its ICO and bounties, but at the end the team members disappeared. There are many and it will be difficult to mention them. So, I advice to all members to be careful in joining new exchange projects, especially it is in ICOs.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: babu10 on July 20, 2020, 06:45:59 AM
Did you have a bad experience with a cryptocurrency exchange ? which one ? what happened ?

Yes, i have one bad experience with Etherflayer exchange. I deposited my tokens one day ago but next day i did not see my tokens into etherflayer exchange not only that i also deposited 10$ for transaction. My everything goes away. I tried to conversation with support but they did not  that was very very bad experience for me.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Altcoin1998$ on July 20, 2020, 02:44:48 PM
Did you have a bad experience with a cryptocurrency exchange ? which one ? what happened ?
My first trading exchange ForkDelta which is very easy to exchange but first time I don't understand how way exchange in ForkDelta. So i lost my private key during import my account.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: hair on July 20, 2020, 02:57:39 PM
I have many bad experience in new exchanges.
I have never tried to join a new exchange because it is very risky. Without a good reputation it does not make it safe. If their platform requires KYC, forget it and leave it.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: azmirihaque on July 20, 2020, 07:46:52 PM
I have a bad experience with free wallet. I was new could not understand for transferring token. I transferred my OKS token to my free wallet tron (TRX) address but OKS token was not listed. My token was debited but I didn't get to my credit address. All my token went to black hole and I lost all my token.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: UNIVERSE on July 20, 2020, 11:18:46 PM
I ever joined new exchanges, and I have lost my funds there. I tried to invest in new exchanges that I believe they are good and potential exchanges, but finally they turned to be scam exchanges. Well, that's may be a good learning and I should never do the same way again.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Hometown on July 21, 2020, 07:38:36 AM
Binance my first trading exchange. So i have nothing bad experiences in case of trading Binance a number one cryptocurrency exchange in the world. Their security system so more easy to use. Only email authentication or SMS authentication. After withdrawal email confirmation must be needed.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: shadowdio on July 21, 2020, 08:24:42 AM
I tried to withdraw my coins in cobinhood but it took 5-6 hours processing my withdrawal. I'm so really frustrated with the exchange, I needed those coins to convert fiat.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: bigcash2011 on July 21, 2020, 02:23:20 PM
The only experience where i lost my coins was on cobinhood exchange that closed without any notice or warning and i was holding cob tokens in thousands which became worthless within no time giving me major loss.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Hope4life on July 21, 2020, 05:45:41 PM
Yeah, i meet some bad exchange who steal my money. It's decentralized exchange that has very little review because when i use that it's just launched, i'm login with my private key and sadly that exchange stole all my token.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: tinakoya on July 21, 2020, 06:11:28 PM
I once had a terrible experience with Lukki exchange, i withdrew a token after realizing no real volume whatsoever. Then it took about 3 weeks to receive token back into wallet after numerous messages to support team which was the slowest response i have ever had in my crypto life. Maybe i was unlucky but i will never trade there again not even if it was the last exchange on earth. It was just horrible
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: krypto4uvak on July 28, 2020, 11:41:54 AM
I have very little time in the crypto world. Therefore, I have not had a bad experience.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: debra on July 28, 2020, 11:24:55 PM
Latoken and P2PB are bad exchanges because there are many shit-coins there. I have bought some bad coins there and finally ended with huge dump in their prices. Be careful to buy coins there, especially new altcoins. There are many scam projects to provide IEOs in the two exchanges. And they disappeared after they get money from IEOs.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: @chison on August 03, 2020, 09:10:39 PM
I had a terrible experience with cryptopia. Had fund in it and at some point the exchange shut down couldn't access my fund any more it hurt. The issue is that it was a centralised exchange if it had being a decentralised exchange. Looking forward to decentralised exchange like INJECTIVE PROTOCOL.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Galaxy on August 04, 2020, 04:26:48 AM
You went to place an order to sell tokens on an exchange and sold according to the market. I lost $100. I felt very bad. I have $60 stuck in another exchange.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Lenipiw on August 04, 2020, 06:01:03 AM
I had a bad experience with Coinsbit and probit global exchange.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Keelin on August 08, 2020, 07:27:32 AM
Did you have a bad experience with a cryptocurrency exchange ? which one ? what happened ?
I had a RBC account as a teenager. I proudly deposit $10, only to find out they charge me $3.99 monthly. A couple months later, I owe them a bunch of money. My first banking experience. Don't know if they still do that.
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: Rosemaryy on August 08, 2020, 07:33:25 AM
I've had a personal bank account for over 10 years frozen in relation to crypto. The bank doesn't like the relationship between me and Coinbase. I invest a lot in cryptocurrency so I have a lot of deposits they don't like
Title: Re: Tell about a bad experience with a crypto-exchange
Post by: wawan96 on August 08, 2020, 03:32:13 PM
Did you have a bad experience with a cryptocurrency exchange ? which one ? what happened ?
in years 2018 I sign up for an account at hitbtc at that time I deposit coin 213 cov value cov about $ 1 at the time I had been to enable 2FA and at that moment handphone suddenly dead or damaged and I feel I have lost the account and money worth $ 213 at that time I asked in social media and it turns out I have to perform KYC until now I leave these accounts.