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Topic: Beaxy Exchange - Solved - page 3. (Read 677 times)

legendary
Activity: 2450
Merit: 4415
🔐BitcoinMessage.Tools🔑
January 04, 2021, 04:33:07 AM
#2
When you keep your tokens on centralized exchanges, be always ready for situations like this. Given that they have control over all private keys to all tokens stored on the exchange, they have a right to these tokens if they feel you violated their rules. "Not your keys, not your coins" is the motto we must never forget. It seems the token you were trying to sell had very low volume, and very few buyers willing to purchase your offer. That had resulted in a huge price movement, which is considered to be market manipulation according to exchange policies.

Check their FAQ for more info https://beaxy.com/market-impact/
hero member
Activity: 1190
Merit: 514
January 04, 2021, 03:35:52 AM
#1
Update 2 : The case has been resolved, an agreement has been found with Beaxy

Update : For the sake of transparency, I inform you that the situation evolved and Beaxy team contacted me to try to work with me in order to find a good outcome on the matter.

I will give further updates as the situation evolves if we come to an agreement
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