Whats your thoughts about bitmart exchange is good or bad - Page 2 - Exchanges - CryptoTalk.Org Jump to content
jamesvince

Whats your thoughts about bitmart exchange is good or bad

Recommended Posts

I never used bitmart exchages because I see their is alot of fake volume present in some coin . this isn't fake exchages but I never have any need to join it , Because mostly time I used binance as well bittrex .

  • +1 2

19797726_signatutelogo.jpeg.5619939f2adcfc45c33a5e7577232a71.jpeg

Share this post


Link to post
Share on other sites

Bitmart exchange is listed on coinmarketcap, with a reported trading volume of $148242938 as of the time I am writing this, it has 148 coins to pair in the crypto market. But the exchange is not yet ranked. I think that trading volume sis still good but somehow low. 

  • +3 1

Share this post


Link to post
Share on other sites

Bitmart is a good exchange, I already used it a lot and I have nothing to complain about, it has a good trading volume, the rates are low and it offers great promotions

Share this post


Link to post
Share on other sites

I have not yet used bitmart exchange mate. I just hearing it from many of friends but i do not like it because a lot of people are saying it has fake volume for cryptocurrency.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites

There are many scam exchanges that we don't even need to use at all. Why we need bitmart does it offer something more from Yobit? It is dangerous and people do not remember it for something good, there was nothing good from that exchange and we should be using the exchanges that are legitimate as Yobit Binance Binance Kraken Bittrex.

  • +2 1

Share this post


Link to post
Share on other sites

My dear I am avoid exchanges as this bitmart that can be very fake and I am only use Yobit. This exchange you are discus is helps us like the yobit? We are trade in many exchange but I am not find any better exchange from Yobit. Is bitmart has investbox and virtual mining options? I am very sure it is not have anything but probably will be fake with volume and have no real traders.

Edited by Mella
made mistake name of exchange - Sorry
  • -4 1
  • +2 1

Share this post


Link to post
Share on other sites
On 3/22/2020 at 9:17 PM, rekter said:

Bitmart has a lot of fake volume, meaning that all the trades were happening between the buy / sell walls. Last time i checked it out there weren't any whales or market makers in, so the walls were very thin and any larger trades were impossible to execute without huge wicks in the chart.

 

In short, i would avoid it.

yep i agree with this there are lots of fake volume there, fake walls that tend to disappear and then reappear again in a matter of seconds, id prefer to stay in an exchange with real volume and real buy/sell orders.

  • +1 1

Share this post


Link to post
Share on other sites

You can already pay attention to any centralized exchange. The exchange has been operating since 2017 and is still in operation, which means that it is in demand and users trust it. A good interface and fast exchanges allow it to stay in the top 100 for a long time.

Share this post


Link to post
Share on other sites
On 3/22/2020 at 12:12 PM, jamesvince said:

Bitmart has ranked 95 out of 409 exchanges

I don't think that this is good enough and I wonder where this rank is so I can see it myself. Also what standard was used to rank the exchanges. There are many standards we can't trust and one is volumes. I trust the stats coming from yobit and it is proven to be a great competitor to other exchanges and this is why coinmarketcap snubs it lately.

  • +2 1

Share this post


Link to post
Share on other sites

I have not heard of this exchange before. Maybe it is a good one but it is not popular since there are hundreds of exchanges I know of and not bitmart. Thanks for giving us some of the useful information but I think that I will stay on Yobit for a while.

  • +1 1

Share this post


Link to post
Share on other sites

I've read some comments about it. But i prefer yobit and binance, thy are better. They have more liquidity and security. 

  • +1 1

Share this post


Link to post
Share on other sites

For it has large exchange volumes and there are volumes for me that do not conform to reality
Many people always use the same exchanger, that is, they are not changing every time they are not trying every time they perform an operation I prefer the one that I have been using since forever that is not this

Share this post


Link to post
Share on other sites

The first thing is that I have not used it yet, so I do not know much about it If you know about it, are they better behind it then you can tell it here I heard about yobit, it's a great exchanger You can also use it. 

Share this post


Link to post
Share on other sites

I know this exchange very well, I subscribed to the airdrop that the exchange made in the beginning and got nothing. I was also banned unfortunately, however, the exchange rank now on Coin Market Cup is 118 and it has four points out of 10 and has a daily trading volume of 283,000,000$, looks good A bit but you must take notice if you are from a restricted country.


 

 

Share this post


Link to post
Share on other sites

I didn't use this exchange and don't heard about it much actually I don't trust on any other exchange except Yobit as I find Yobit as a best exchanger site with low risks of getting hacked or stealing your money due to its high security and 2fa feature.It doesn't ask for KYC also while registration.So I only prefer Yobit.

Share this post


Link to post
Share on other sites

This is a name of an exchange I have never heard of. Why you are there, is there a reason, if there is some way to make profit as we can in Yobit, then it should made known. We are not hiding anything in this forum and we always tell people about the merits of the Yobit exchange, so if Bitmart has something to offer then it should be known to all.

  • +1 1

Share this post


Link to post
Share on other sites

I did not try to exchange Bitmart, but for me I do not find any reason to push me to try other trading platforms other than the one I use, Binance and Coinbase are the best in my opinion, I do not recommend multiple trading platforms, this will cause loss and dispersion of capital, in addition to an increase Seriously, Binance has a lot of great features and that's what makes it so essential to me.

Share this post


Link to post
Share on other sites

I see that 400 exchanges are too many, so what will the trader benefit from all these exchanges? The competition we want in order for someone not to control the prices , this is something that 3 exchanges can do, as for this large number, it makes the trader greatly distracted.

  • +1 1

Share this post


Link to post
Share on other sites

I will tell you important advice my friend, I do not know much about Bitmark exchange but to be in the safe zone stay away from all new or uprising or not really familiar exchanges, the good ones are known and used by everyone, and I think that all the new exchanges deserve a bit suspicious attitude toward them , even if they are good ones, but there is no guarantee how long they will last in such a competitive world . 

  • +3 1

Share this post


Link to post
Share on other sites

I cannot use the bitmart exchange but i will get knowledge about it and i will use this exchange. Some of my friends tells me about this exchange and i think that this exchange is not bad .it is a profitable exchange and i prefer this exchange But some of my friends tells fake information about it i think we not judge the things without knowledge. 

Share this post


Link to post
Share on other sites

I will wispier a word in your ear and I hope you listen to it carefully, stick to Yobit and Binance and do not try to use any other exchange, they are more than enough for you especially if you are a beginner ans your capital is still small one. Most new exchanges takes advantage of beginners and delude them to steal their coins, when you have enough experience you will be able to tell the difference between a good exchange and a bad one. 

  • +3 1

Share this post


Link to post
Share on other sites

I don't know about bitmart exchange. I never use this exchange. I tried to iseing it I think it is good but I am not sure. I use yobit exchange it is safe and secure exchange. It's transection fee is very low and it's security is very high. It is very trusted exchange.

Share this post


Link to post
Share on other sites

I have a few exchanges only that I trust, and I'm not completely trusting any centralized website or exchange. I don't think or have heard something that would lead me to believe this exchange is a scam, however you should be doing your own research because you are planning to use this exchange and maybe you will find something I didn't.

  • +2 1

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...