The best advice is to avoid them and preventive negative feedback could be considered appropriate.
I would like to give him a second chance, gaining trust is difficult, but any behavior that indicates scam intentions = negative trust. 
Topic: Best crypto exchange - 247 CRYPTO (Read 253 times)
If you can prove those reserves or you use Bitcointalk escrow[1] service with amounts such as 0.5BTC in the event that the user loses any money, then it may be a behavior that greatly enhances trust in your platform, and perhaps amend the negative trust that I gave you.
Now I saw this link with their escrow request in the service section, I remembered watching this thread.
Judging by everything this user wrote with a bunch of incorrect information, fake reviews, plus that freaky request for escrow, I would say he is utterly incompetent for the service he represents.
The best advice is to avoid them and preventive negative feedback could be considered appropriate.
We would like to express our heartfelt gratitude for all your valuable feedback and suggestions. Your input has been constructive in shaping our services, and we are thrilled to inform you that we have considered all your wishes. Thank you!
We are excited to share that due to our efficient implementation with various exchanges, we now have substantial reserves.
If you can prove those reserves or you use Bitcointalk escrow[1] service with amounts such as 0.5BTC in the event that the user loses any money, then it may be a behavior that greatly enhances trust in your platform, and perhaps amend the negative trust that I gave you.We are excited to share that due to our efficient implementation with various exchanges, we now have substantial reserves.
And sorry to be harsh, but this industry requires trust, and it's something that builds with time, and everything will change once you gain enough trust.
At the end of the site you have this error. Which may raise a question is the safety of the currencies and reserves that you have.
Quote
<--div style="position:absolute;top:0;left:0;right:0;bottom:0;margin:auto;text-align:center;height:150px;"> Currently, maintenance work is being conducted on website.
We apologize for any inconvenience caused. Please try again later.
We apologize for any inconvenience caused. Please try again later.
[1] https://bitcointalksearch.org/topic/recommended-bitcointalk-escrow-services-2439910
Your input has been constructive in shaping our services, and we are thrilled to inform you that we have considered all your wishes.
I don't really see any changes to your service. Still lacking transparency as before, questionable reserves that we can't verify, unclear quotes data sources, and so on. Other than another update in reserves that is yet verifiable, do you change anything else? I don't see anyone recommending your service here, your business still looks as questionable as before. 
We would like to express our heartfelt gratitude for all your valuable feedback and suggestions. Your input has been constructive in shaping our services, and we are thrilled to inform you that we have considered all your wishes. Thank you!
We are excited to share that due to our efficient implementation with various exchanges, we now have substantial reserves.
We are excited to share that due to our efficient implementation with various exchanges, we now have substantial reserves.
In fact, our rates vary depending on the exchange rate.
Well yeah, I get that it varies. I don't think it answers my question though. If it is still unclear, where did you get the rates from? Which exchanges do you use to calculate the price? How did you calculate it? I don't think these questions are hard to answer. You don't even have to provide a signed message or something similar, just list the names and how you calculate it, and people can easily verify whether your rates are correct or not. 
in general, I corrected the reserves, there was really a mistake. thanks for noticing)
There are actually areas mistakes are acceptable and not in a sensitive areas as reserve. Making up numbers to appear richer than your company actually is, is a red flag.
Secondly, I would like to address the reserves that you see displayed on our website. These reserves represent the limits set by our trusted provider, which enable us to execute exchanges on behalf of our users. These limits ensure that we can provide a seamless and reliable service to our customers.
It shouldn't be called a reserve then. According to your statement, non of those coins are in your reserve. It is just mare numbers that your trusted provider sent to you.
I just checked the domain up and an exchange that has upto 100BTC in reserve could not register their domain for more than 1 year. I support hugeblack red tag. Avoid this exchange.
In fact, our rates vary depending on the exchange rate.
These reserves represent the limits set by our trusted provider, which enable us to execute exchanges on behalf of our users. These limits ensure that we can provide a seamless and reliable service to our customers.
At our exchange, we prioritize security and transparency.
And who are these "trusted providers" you are referring to? Market makers? It is hard to trust a new exchange regardless of how fancy your marketing is, especially if we can't even verify it ourselves. My previous question about rates is also unanswered, unless you mean these trusted partners of yours also decide this rate. Your reassurance doesn't really make you more transparent IMO. I guess time will tell whether you'll continue your service faithfully or not, but don't be surprised if people keep asking about it in the future. At our exchange, we prioritize security and transparency.
Firstly, I would like to clarify that we act as intermediaries in facilitating exchanges between different cryptocurrencies. Our goal is to provide a secure and efficient platform for users to exchange their digital assets.
Secondly, I would like to address the reserves that you see displayed on our website. These reserves represent the limits set by our trusted provider, which enable us to execute exchanges on behalf of our users. These limits ensure that we can provide a seamless and reliable service to our customers.
At our exchange, we prioritize security and transparency. We have implemented robust security measures, including two-factor authentication, encryption protocols, and strict adherence to regulatory compliance. We aim to create a trustworthy environment for our users to engage in cryptocurrency exchanges.
If you have any further questions or concerns, please do not hesitate to reach out to our customer support team. We are here to assist you and provide any additional information you may require.
Thank you for choosing our exchange service as your trusted partner. We appreciate your trust and look forward to serving you in the future.
Best regards,
247 CRYPTO
Secondly, I would like to address the reserves that you see displayed on our website. These reserves represent the limits set by our trusted provider, which enable us to execute exchanges on behalf of our users. These limits ensure that we can provide a seamless and reliable service to our customers.
At our exchange, we prioritize security and transparency. We have implemented robust security measures, including two-factor authentication, encryption protocols, and strict adherence to regulatory compliance. We aim to create a trustworthy environment for our users to engage in cryptocurrency exchanges.
If you have any further questions or concerns, please do not hesitate to reach out to our customer support team. We are here to assist you and provide any additional information you may require.
Thank you for choosing our exchange service as your trusted partner. We appreciate your trust and look forward to serving you in the future.
Best regards,
247 CRYPTO
Assuming your service is legit, where did you get your rates from? It seems really terrible compared to other marketplaces. I'd never trade on your platform if rates are quite bad, especially if the other platforms are more popular and reliable. Not to mention your so-called reserves are also low if the numbers are to be believed.
There is simply no incentive to use your service as of now. You need the same KYC and stuff like that, it is hard to encourage others to 'just try' your platform if the risk is not worth it.
There is simply no incentive to use your service as of now. You need the same KYC and stuff like that, it is hard to encourage others to 'just try' your platform if the risk is not worth it.
in general, I corrected the reserves, there was really a mistake. thanks for noticing)
Corrected? Let us say that it wasn't intentional to put wrong numbers and even if you've "corrected" the wrong numbers, still the numbers are unbelievable based on the new image and the past image that has been posted. Having $10k+$10k of USDT is believable and as well as 98 Litecoins but having that Ethereum and Bitcoin, you really have to prove that you own that a lot while your website doesn't look professional. in general, I corrected the reserves, there was really a mistake. thanks for noticing)
I would choose to believe your story and that the previous reserves were a mistake.
Please sign a message proving that you have 100 bitcoins or any proof of the amount of bitcoins close to 100 bitcoins.
Do you still have 9999 Ethereum or does this part need to be modified?
The rest of the reserves look good for a small platform, but why can I trade with more than those reserves?
in general, I corrected the reserves, there was really a mistake. thanks for noticing)
Unfortunately, many of these exchanges have become widespread in the hope that these scammers will get a few dollars, and they do not even want to develop the site to be selective scam, it is just lazy scammer that does not even want to respond to all above questions.
If there is any change, I can amend the trust.
I doubt it that they'll even change or will come back to clear what has been brought onto this thread about their reserves. But it will be good to clear things and let's see if they'll say something justifiable based on those info that they've projected through their website. Unfortunately, many of these exchanges have become widespread in the hope that these scammers will get a few dollars, and they do not even want to develop the site to be selective scam, it is just lazy scammer that does not even want to respond to all above questions.
If there is any change, I can amend the trust.
~snip~
When I first had a look at their site the numbers gave it away
. 100k ETH but can't get the website to look the right way. If this isn't a failed marketing attempt to attract clients then it most definitely is a scam.When such claims has been said and there's no proof to what they say and even show some hefty amount of money as if they really have it but upon having a first look at it, there's really something wrong with it.
Much better not to do any transaction if they keep on enticing this way.
We usually see this type of claim but it's just another false claim which has been done to market the new exchanges and projects. If you haven't proved anything yet, it's best to just be lowkey and never claim yet that you're the best.
Because if it's about exchanges, everybody knows what's the best right now and many will have the same thoughts if we'll pick one exchange that's common to the most.
Because if it's about exchanges, everybody knows what's the best right now and many will have the same thoughts if we'll pick one exchange that's common to the most.
Proof of reserves?
They say, here you go. And they are probably richer than most of those early adopters by simply inputting 99999 or 10000000. LOLWhen I first had a look at their site the numbers gave it away
. 100k ETH but can't get the website to look the right way. If this isn't a failed marketing attempt to attract clients then it most definitely is a scam.
We usually see this type of claim but it's just another false claim which has been done to market the new exchanges and projects. If you haven't proved anything yet, it's best to just be lowkey and never claim yet that you're the best.
Because if it's about exchanges, everybody knows what's the best right now and many will have the same thoughts if we'll pick one exchange that's common to the most.
Because if it's about exchanges, everybody knows what's the best right now and many will have the same thoughts if we'll pick one exchange that's common to the most.
Proof of reserves?
They say, here you go. And they are probably richer than most of those early adopters by simply inputting 99999 or 10000000. LOL Security: Strong security.
Is this a joke?It is better to remain silent than to make a general description of something that needs a lot of detail.The platform's creation date, fake reviews, front-end slow response, and bad exchange rate compared to other platforms, all of these factors will make any user avoid your platform.
Also your money laundering terms are weird I'll quote
Quote
Cryptocurrency assets are not subject to return and exchange if, as a result of AML verification, a connection is found with criminal wallets belonging to the following categories:
DARK MARKET
DARK SERVICE
SCAM
STOLEN
MIXING(MIXER)
SEXTORTION
SANCTION
RANSOMWARE
HACK
PHISHING
DARK MARKET
DARK SERVICE
SCAM
STOLEN
MIXING(MIXER)
SEXTORTION
SANCTION
RANSOMWARE
HACK
PHISHING
You then rate many deposits with general ratings such as DARK MARKET, DARK SERVICE, SCAM ,MIXING(MIXER), SEXTORTION, etc. Therefore, the account may be suspended for any reason due to the general descriptions above.
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