Be careful with low-volume exchanges

[ayatoslaw]

I'm also careful with low-volume exchanges for the same reasons. When I first got into crypto I thought cryptopia was awesome as it had hundreds of trading pairs (and listed a lot of coins that weren't listed elsewhere). I soon after learnt why it was a bad idea using these exchange  . Now I'm very careful to research smaller exchanges before using them, and never leave funds on them.

yes bro, i also experienced the same thing,
I think cryptopia is a good exchange,
After the cryptopia got a hacker attack yesterday, I was even more careful,
because some of my funds are also in the cryptopia and I have not had the chance to withdraw.
hope it's still safe.

[wizard]

It is always worth reading reviews about the stock exchange before deposit funds there. I rarely trade on low-volume exchanges

[Speaker]

Never traded on questionable exchanges with small volumes and questionable coins.
I will say even more-some of the top exchanges sometimes created problems for me,not to mention others that are more likely to become a Scam .

[corr]

It is very interesting to hear the name of the exchange to warn other users about this exchange. in fact, I can not say that the danger is precisely because it is a stock exchange with low volumes. it is possible for your friend to crash into some kind of new, unverified stock exchange that has decided to fool its customers.

[Legio]

I have experienced loss of assets at low volume exchanges, it made me traumatized and made me more careful in choosing to invest in certain exchanges because there was no 100% safe exchange.

[Confero]

Indeed, we must be careful when trading in exchanges that are not too popular, or exchanges with low volume  we must first look for the exchange.  Unfortunately you did not specify where your friend lost funds, so we could be more careful when entering the exchange.

[vegasus]

Of course, I also think so. One o the considerations when going to trade or invest in some certain coins, we should know the volume of the coins in the market. It is valuable to make certain careful analysis, because the low volume may lead a coin to be nonsense and not worthy for investment.

[gotbounty]

I am not interested to buy coins in most low-volume exchanges. But I think it is no problem if it is proven exchanges. Not all exchanges with low-volume are bad, some can be good choices. Even there are many bad exchanges with low-volume, there is some that can be trusted.

[jenica]

It is always worth reading reviews about the stock exchange before deposit funds there. I rarely trade on low-volume exchanges

I almost never trade at low volumes, because of the long movement. At low volumes I only sell bounty tokens, then I send the results to large volume exchanges to trade every day

[Rituvohra01]

Never use low - volume exchange for trading because almost are scam. So be careful before joining read term and conditions properly. 

[MUGNIA]

really bad news, but it's true that a little volume of exchange is very vulnerable to fraud,
can you give me what exchange info you are using?

[Cutter Cute]

Until now I am still waiting for the right time to sell my crypto assets, I have never used an exchange that does not have a high trading volume, but if there is no registered exchange of coins that I hold, I will see the transaction history of the exchange and start trading. make sure the coins we deposit can be safely withdrawn using 2FA and other security.

[Ghozrd]

Exchange with low volume ??
I thought I would use it if there were no more exchanges of tokens that I had, I would rather hold coins for a long period of time and I would save them for up to 1 year, it was a long time, but to trade, it's better to use crypto exchanges famous.

[Asebaby]

Of a truth there are so many new low exchanging that are scam exchange,it is really very important to checkout on this low value exchange.

[Ryanpogz]

a few weeks ago my friend tried to trade in one of the low-volume exchanges,
but not long after the funds are entered in the exchange, suddenly my friend gets a Withdraw notification in his email,
because my friend didn't feel like withdrawing, he tried clicking the cancel link but it failed, and soon the withdrawal was successful and my friend lost the funds,
I tell stories not to mean low volume exchanges with many hackers, but I only urge caution if trading in low-volume exchanges, especially centralized exchanges rather than decentralization.

totally agree with you regarding many of the new money coming into the crypto market. A lot of that money is fueled by greedy desires that want to replicate the success of Bitcoin without looking at these investments through an investment perspective. The best strategy in my opinion is to do your research, find a coin whose philosophy is well aligned with yours, accumulate, and HODL! Awesome post mate..