If You Can’t Withdraw Your Crypto, Stay Away
I’ve made many videos not recommending multiple platforms in the past for many different reasons and have many red flags that I look for when reviewing platforms for my comprehensive review. Given many people from those platforms are naturally upset, I’d like to revisit my red flags list. https://youtu.be/PWetvZl3GaA The biggest and most obvious red flag to look for is whether or not you can withdraw your cryptocurrency from the platform you are using. We will dive into all of them, but this is the easiest indicator. Some people have criticized this saying things like “you haven’t researched enough” or “don’t judge a platform off one thing” or “you have to give them more time” which I get, but there are already more than 10 viable major blockchain or crypto-monetized platforms that don’t have these issues so the question is why risk it? Some might respond to that and say “just have faith” or “it’s the best platform so just wait” but if it was really the best, wouldn’t it have solved these issues? These are the red flags that I look for in a blockchain social platform to determine whether I would recommend it to others: • Too niche • Lacking media functionality • Mainly messenger-based • Too much resistance when joining or using the platform • Not working / lacking users / no engagement • Invite only • Requires a download • Requires spending crypto to interact • Non-English • Requires excessive verification / verification doesn’t work properly • EOS & Tron dapps that don’t work • Fake or valueless blockchain or crypto • Not free to use • Unable to withdraw your funds In the video, I will dive into each and explain my reasoning for including them. The platforms that I use today are LBRY, Publish0x, DTube, 3Speak, Bitchute, Flote, Cos.TV, Memo.cash, Read.Cash, Minds, Vibravid, and Uptrennd. What do you look for in a blockchain social platform or better yet, what do you hope not to find on a platform? What do you think of the red flag identifiers I use? Am I missing any and or do you disagree with any of my choices and why? Feel free to comment your thoughts below also please like and subscribe if you enjoyed it.
11 comments
Sometimes there might be a lot of spam and bots in a platform. We see this happening in uptrennd, although lately it has been reduced. I've also read that read.cash has added some point system for comments, and that spam comments have been increased in this platform as well. Anyway in my opinion a successful platform should be fast and free of bugs. Uptrennd for example is still having many issues with lags and options that are not working well. Publish0x looks ok, but still for some reason there are too many projects posting there and getting a share from the tokens. Why would Changelly get a share from tips, just for advertising their product through this platform. I think that any project that is posting in Publish0x with their name should not be rewarded with tokens. They just advertise their product and there are people that actually make quality and honest posts there. It is not just changelly but many more. It seems that half of the earned coins are going to other projects. Not that it is too much, yet these should belong to individual authors. This is my opinion.
I totally agree with you the spam commens is really annoying and I think it should be dealt with
Dangerous_Fly Do you agree on my approach on plagiarism as well? I think that you will like it.
Yes I agree totally..
A bigger red flag is deposit some Eth/Btc to withdraw your tokens.
Lmao true, I haven't seen that
Nice article with some reasonable information. Most of the listed points are common to those scamming websites. Thank you for giving the red flags.
You've said it all and your observations are quite true. I have wasted a whole lot of time and money on such useless platforms and I'm not ready to continue with them.
Thanks man for this article.. I have lot so much money from guys
Being required to bring in referrals when you must have gotten to minimum payouts. The tips are good and useful. Thanks for sharing
hi, can I have your viewpoint about https://cryptominer.tel/ ?