Share your experience with the bad exchanges

[Rozy 1918]

I was not familiar that some exchanges can provide a fake trade history , this is way beyond the limit , and such exchanges should have some kind of punishment and we should tell other people about them so they do not fall victim to their scams. And I prefer to deal with reliable ones such as Yobit and Binance.

[Kashan khan 518]

I have not yet encountered any exchange that is not right, I use the Yobit Exchange itself which is very good and I prefer it to everyone. It is absolutely good and keeps our money safe.

[M Shahmeer 331]

The two exchanges which I know are scammers are exstock and kanga exchange 

My ever best choice are Binance and Yobit Exchanger

These two are best exchage which have good reputation 

Which have less deposit fee and more advantages 

I must advice all of you to check these exchanges

[Syedbesharat 5423]

I was lucky in this because I got good recommendation and used only those exchange. I have account in many exchanges but I have specific exchanges for deposit, withdraw and trading. I am small time trader their for I cannot circulate my funds on all exchanges. Their for I suggest you to work at few exchanges with good review don't deposit immediately, read their policies and withdraw. Then find their users to learn their experience with exchange. 

[idris jnr 3]

I use yobit, yobit isn't a bad trade, I have seen numerous other trade to join but I don't since there are numerous terrible trades. In case need any other trades, I will favor to utilize online look and coinmarketcap to check for trades that are directed and secure.

[Malikjnb 1235]

I use many exchange in my life. Binance exchange is the bad because it's transaction fee is very high and it's security is very low. You can't take easily withdraw from this exchange. Some exchange are fake and scammers. But yobit is safe and secure exchange.

[MoralStories 1127]

Well actually I have not used any of the exchange yet but you can say that there are many exchanges which are doing it there scam you so be careful when you choose the exchange to trade

[duygumtr 24]

I have also bad experience with an exchange which is kangaexchange. Because whenever i complete the requirements in kyc i always get declined even if my id is validated. And it turns me to a thinking that maybe they are just aquairing important information to me and also the people who engage to that Exchange.

[teebasas 3018]

I just use binance exchange and yobit exchange so I don't know about any bad exchange. According to other user reports, there are plenty of them, but I've never confirmed my own.

[Alexjobin 19]

I also have a terrible association in a trade called Kanga Exchange. Because as long as I have met the pie requirement, it is rejected regardless of my identity being verified. I am using yobit, yobit is not bad but a terrible operation, I have seen a lot of operations, but basically I don't see them. There are many exchange that are scary.

[AlfredR 3]

I once used an exchange called p2pb2b.io and the truth is that the volume is very low, it took me several days to sell a coin that I had been paid there, plus they handle an order book and a false volume.

[Waseem jabbar 185]

I use many exchange personally . I think there are many exchange in the market that are bad or scam so i think kanga exchange is bad and its security system is not working properly. I think yobit is the best and secure exchange in the market

[Nafees Khanzada 73]

I am using yobit and binance and i never faces bad experiences.

[Alexbhatti 1492]

It has been going third month I have joined crypto world, and in this time I haven't tried any other site except YoBit. I haven't faced any problems in YoBit, but my worst experience in exchange forum was my first investment. Because I was beginner that time and didn't know anything about trading so I lost my enough money in my first trading.

[huesca123 946]

On 8/8/2020 at 1:22 AM, Jami273 said:

finexbox.com

Just going to the web page of Finexbox.com & see the landing page, I wouldnt open an account with them. It looks cheap & just rubbish.

 

I would say the worst exchange I have encountered is Bittrex. The trading platform used to be good. Now its horrible. They used to have a big customer base but they have lost many costumers because of their KYC policy. Bittrex treats its new customers as if they are criminals not as maybe clients. There are many complaints on the internet about Bittrex & their KYC. Bittrex froze my account & have stolen my money.

[Dorjoy12 8962]

On 8/8/2020 at 5:22 AM, Jami273 said:

So write down about yours and help each other

I not yet face this kind  of problem yet because  every  time i used yobit and binance exchange  site for trading..  But once my one friend get huge lose on a exchange  site about  the deposit  problem..  I have heard  that he deposit  almost 0.08 btc in the exchange  and the exchange  didnt accept  the deposit .. 

[Hasnain Afzal 102]

Hello my dear friends,

I cannot use any exchange. I asked the other people choose the best and profitable exchange and before join get the all information about the exchange. Best of good luck to all my friends. 

[RoyalHouse01 9]

As far as the exchange is sending the withdrawals mo matter even if they are late there are still the hopes that the site is not a scam, but you should not keep your money there.

[Roarnoman12 621]

By the grade of God I do not have a bad experience till now I wish I will never have any bad experience with the exchange in the future as well. I am using yobit exchange and having a very good time with it.

[JasonWest87 4]

Before starting trading we have to learn a lot and do some experiance with real small money and of course we have to choose a right exchange to do our work, for me i didn't have any issue before with it because i work only on the known platform as binance, yobit, coinbase, hitbtc, kraken.....

[Hamza balouch 268]

I personally have no bad experience. I use only legit and true exchange. I use coinbase and hotbit. Hotbit is new and it is also good. But coinbase is old one and it is very easy to use. I only use these exchanges to avoid any loss. 

[Cleaner 2549]

I haven't used any bad exchange sites yet.  So I have no bad experience with the exchange site.  However, I will highlight the name of a scam exchange site.  Btchob.com This is a scam exchange.  I was knocked by a telegram and he gave me the login information of this exchange site and asked me to deposit to withdraw from there.  So then I realized that this is a scam exchange site

[ragnard 449]

I think I dont remember that exchanges which I was using very long ago I forget it names but it will totally disgusting for me

[Ayinlek 42]

On 8/8/2020 at 12:22 AM, Jami273 said:

Hello everyone.
We all have used different exchanges in different time.Between those exchange some were excellent but a few of them were worst.These have so many problem like

 

-short of buyer-seller,

-shows fake trading history,

-take too much time for withdraw,

-high trading and withdraw fees,

-not related with real crypto market,

-big gap between a coin's price with the  original price 

-less security,

-sometimes many coins are vanished etc.

 

So i want that if you ever have experienced any of these problem in an exchange share with us about.By this we all may might have a great concept about the exchanges.We might not face any problem with those underrated exchanges.

 

Here's mine:
The worst exchange i have ever used is finexbox.com.It has so many bad sides like too short of buyers and sellers,fake trading history,very high withdraw fees,too much time needed for withdraw.

 

So write down about yours and help each other.

 

And for beginners,I want to say that before start using any exchange,loot at it's ranking on Coinmarketcap or Coingecko and see some review about it.

 

Currently I really don't have any seriousus experience about bad exchange than the charges. Some exchange do charge 2% of your all transactions which I felt is quite much.

[Adam X 323]

Nowadays, I use Yobit, it's not a bad trade, I have seen number of other trade to join but I don't since there are numerous terrible trades.