Hello. I just want to know if it is safe to "trade" in Vindax exchange?
Is there no problem with withdrawals and such?
Are their IEOs legit?
Thanks in advance everyone.
Currently ranked #32 on adjusted volume exchange on CMC which is above Kucoin exchange.I wont say that this isnt legit but
its better to use up on top tier exchange like Binance rather on this one.
Here some thread about their IEO:
https://bitcointalk.org/index.php?topic=5173500.0This is obviously fake volume reported. most small and newly created exchanges use this "trick" to deceive users and present themselves as trusted. If they are ready for such methods why then should not deceive people for money.
it is not a recommendation to trust them, especially not to buy his own centralized token created only to manipulate with people's funds.
Wash trading or fake volume is rampant talking in overall aspect.Most exchange do have this manipulation of volume and only a few do really have that real numbers.
Basing on the link i do give out above,it do talks about shady IEO happen on Vindax exchange and with that alone you can already point out that this isnt worth of the time and money.