Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: yousufatik20 on September 29, 2018, 01:44:07 PM
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I have been reading about exchanging sites. all of them have people who lost their money due to hacks, or investors got their accounts closed, frozen (Coindesk) without proper explanations, usually exchange sites let them deposit money, but they don't let them withdraw their money.
Kraken(some review sites list this is as one of the best exchange site, what a joke) is also a shit hole, the same thing, money and coins missing, buggy laggy website, no customer support.
How do you make money of cryptocurrency when the exchange sites are predators to hunt people's money? Decentralized trade sites maybe? If I read positive reviews about these centralized exchange sites , they doesn't seem genuine at all, most of the time, it looks like someone ordered them from Fiverr. Binance, Bitfinex with the Tether fiasco, Coinmama.... All of them looks like scummy attempt to get your money.
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If you need to change Crypto into FIAT, actually there is no decentralized exchange and the main reason is that KYC is required in that case for anti laudering laws.. personally I use Kraken and TheRockTrading when I have to change my crypto to FIAT and I never had a problem with withdrawal.