Topic: [2019-05-21] You may need to provide a blood sample to withdraw btc from HitBTC - page 2. (Read 360 times)
May 21, 2019, 06:24:16 AM
They were recently asking for the passport number of the person one of their customers bought their BTC from several years ago, and it was an ATM. That pretty much says it all. I have zero idea why anyone would touch them with someone else's barge pole.
May 21, 2019, 05:55:33 AM
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The headline is exaggerated but it seems like its now extremely difficult for you to withdraw your Bitcoin from BTC since you'd have to provide the source of the fund's report with a description of all your actions such your purchases, exchanges, transfers etc. all with screenshots and in order. Does it seem like to be an exit scam now?
And I think it can be easier for some people to just provide some blood sample so they can be able to withdraw from HitBTC. Frankly speaking, I am not a big fan of this exchange as I am aware that they are hard to deal with judging of how bad is their customer support. Since we now have better exchanges, users of HitBTC should not stick with this platform as there is now no monopoly of this industry. HitBTC can be emerging as the strictest cryptocurrency exchange that ever existed...good luck dealing with them.
May 21, 2019, 04:52:24 AM
The more difficult it is to exit, the more people will just stay in bitcoin. I'm all for free exchange between BTC and fiat, but the statists aren't fans of money they can't control so it will continue to be controlled and probably more so.
No doubt many of the same people complaining about the exchange rules are voting for the socialists, fascists, communists and other authoritarians. And then complaining that when they get what they voted for.
The larger the population that doesn't need to exit bitcoin, the more valuable it will become.
No doubt many of the same people complaining about the exchange rules are voting for the socialists, fascists, communists and other authoritarians. And then complaining that when they get what they voted for.
The larger the population that doesn't need to exit bitcoin, the more valuable it will become.
May 21, 2019, 04:32:25 AM
Why do people even use this crappy exchange? It has been acting very shady for years now and people still subject themselves to these assholes? 
The main purpose behind all these silly questions and requests for more information is that they hope you get sick and tired of this nonsense and drop your account with all the coins in it. I'm certain there have been thousands of people already who just left because the little funds they had in their account wasn't worth the hassle of potentially getting them back.
They are also faking trading volume. Their reported volume in the last 24H is $1 billion. Yeah right.
The main purpose behind all these silly questions and requests for more information is that they hope you get sick and tired of this nonsense and drop your account with all the coins in it. I'm certain there have been thousands of people already who just left because the little funds they had in their account wasn't worth the hassle of potentially getting them back.
They are also faking trading volume. Their reported volume in the last 24H is $1 billion. Yeah right.
May 21, 2019, 04:32:02 AM
Um, no, why would that be an exit scam? Withdrawals are working now.
I have to fill in almost all those exact details at most regular money transfer places I use (read as banks, Western Union, etc.). HitBTC's European so they most likely have to bend the knee to the great big EU's 5th Anti Money Laundering Directive. They got til Jan to make sure it's all fully enforced. With their relocation to UK happening just yesterday and no deal Brexit, looks like they just gotta play ball and be compliant, is all.
They probably could have handled that relocation better though. But hey, centralised exchange. What did you expect?
I have to fill in almost all those exact details at most regular money transfer places I use (read as banks, Western Union, etc.). HitBTC's European so they most likely have to bend the knee to the great big EU's 5th Anti Money Laundering Directive. They got til Jan to make sure it's all fully enforced. With their relocation to UK happening just yesterday and no deal Brexit, looks like they just gotta play ball and be compliant, is all.
They probably could have handled that relocation better though. But hey, centralised exchange. What did you expect?
May 21, 2019, 03:31:17 AM
The headline is exaggerated but it seems like its now extremely difficult for you to withdraw your Bitcoin from BTC since you'd have to provide the source of the fund's report with a description of all your actions such your purchases, exchanges, transfers etc. all with screenshots and in order. Does it seem like to be an exit scam now?
As quote from the article:
Read more about it here
As quote from the article:
Quote
Looks like HitBTC have decided to go full scammer, and are stealing balances of users (including me). Probably a good idea to get anything you have there off, and take care not to use. They are locking accounts and making unreasonable demands for private information, which many people *can’t* provide even if they wanted to. And when you don’t / can’t comply, they just keep your Bitcoins instead of closing your account and sending them to you.
Read more about it here
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