Which major cryptocurrency exchanges are likely to fail (e.g., among the top 25)?

My bets for failing are on HitBTC. This exchange is doing everything wrong, correctly!

One of the most fundamental way of doing research on existing exchanges is to open accounts on them, trade on them, do continuous deposits, withdrawals, open support tickets, etc. and measure/gauge responses.

In addition to this, look at the interwebs chatter, especially Twitter!

HitBTC is practically pinging the WTF scale.

It is sitting on 100s of Million of Dollars worth of deposits, yet 10,000 of clients don’t get their deposits on time.

Almost everyone has problems withdrawing their money. Incoming deposits too are held in abeyance for days if not weeks and zero response by the exchange.

People move their coins, when opportunities arise. Speed is the key. Despite the very high confirmation times all the other exchanges manage to get their deposits confirmed and withdrawals out… all except HitBTC.

The fact they they are attracting lots of penny stock coins and have a large portion active pool of alt-coins/tokens that have high volume, and liquidity, they should not have any issues releasing withdrawals and confirming deposits.

Coin balances mysteriously disappear for days on many accounts and then suddenly reappear (for some). The opportunity is long lost.

Many, many people have had their coins disappear, and I never thought twice about it. Always thought these were bad actors, employed by the competition making hue and cry. Until it happened to me. Not once, not twice, not thrice, but four times. Four times I had to beg and beg again for my deposits to be confirmed. For my lost coins to be found. For my withdrawals to be realized and by incoming coins to be credited to my account.

They made me so, so, mad with rage. My fucking money and they were playing with it. 10,000s of users complaining, totally ignored.

This exchange is in serious trouble. I would not be surprised one day it collapses and people lose all their coins. 100,000s of people will be affected and it will give cryptocurrency a bad name for months (if not years) to come.

The situation is not getting better. It is going from bad to worse. This clearly is indicative of a liquidity problem and because so, so many people are experiencing it - it is a matter of time before the whole thing comes down like a house of cards.

I’d keep away from it. Far, away. Collapse is imminent IMHO.