Topic: Beware of Coins-E - they are stealing coins from the users - page 6. (Read 10769 times)

I'm going to be removing the link to Coins-E that we have on CryptoNerd. Until Coins-E can show they care about their users, and until they address the problems I'm hearing here, the link will remain off my site.

I had hopes that Coins-E was going to be more than what it's appearing to be right now.

They haven't responded at all. I lost 0.25 BTC in all

I keep monitoring their chat and it seems nobody is actively running the exchange now - its on autopilot. Its going to go down sooner or later - don't end up with your funds stuck there.

withdrew  BTC\XPM \ELP  today,nothing wrong
But IFC deposit  is still unconfirmed

Still nothing new?

I lost a BTC Dime "in transit" , got all my coin out and never went back - digeros

Anybody hear anything new?

Ouch. Thanks for the heads up.

Bumping to make others aware. No communication from them for 10 days - I have effectively lost a quarter of BTC.

People have been losing money and none of the issues have been solved. I was initially banking on them to being stupid; but then their reply saying that they have paid me back and the subsequent silence for 7 days kind of seems to me they are stealing.

Eitherway, quite a few people have lost their coins there, and they not don't fix it; they don't put out any sort of warning. So, its a moot point really whether they are scammers or lying idiots.

Par for the course for them really. After I started hanging out in their chatbox warning unsuspecting clients; I also found a few who have been dropping by with the same complaints - missing coins and unresponsive support. I wish this had more publicity - lot of users are losing out there.

Ok think I have my answer..

I think the issue here is negligence and not outright fraud. I just withdrew 1 BTC from Coins-E and everything completed without a hitch. However, when I tried to withdraw ~800 Elephantcoins (embarassed to even admit I own these -- yes, I was naive at one point too) I never got the confirmation Email. After about 4 attempts...the Email came through and the withdraw request was processed. Thank God I didn't lose my 20 cents worth of Elephantcoins 

I just have a hard time believing they'd want to steal a bunch of random coins...while still allowing people to withdraw BTC. I guess if you're in a rush to pull out of Coins-E...I would suggest trying to trade in your coins for BTC first if you can get a fair price.

There is definitely an issue here...and I would urge everybody to avoid depositing anything into Coins-E...but I'm not prepared to accuse them of outright fraud just yet. Hopefully they get their act together. When they randomly add every coin that is requested to their exchange for a small bribe, it becomes a maintenance nightmare for an exchange. Perhaps this is a good example why it's important to have some integrity and quality control in an exchange. More != better.

I'm sure many of their coin clients are severely out of date...and I know for a fact that they aren't even on the right chains for many of their coins. Just don't trade there until further notice. Hopefully everybody gets their coins back...

i had my hopes up for this exchange, mainly due to their support of all the coins that i could not trade anywhere else....

but there was this issue...

GLC_BTC   Sell   30-Jun-13 01:54:58   0.00000850   5000.00000000   5000.00000000   0.00000000   Rate limited

these "rate limited" trades had been resolved a few times by their support.. but one still remains a mystery....

my balance shows 5000 glc in pending... trade can not be cancelled, and they have seem to think they fixed all my "rate limited" issues.

And WTF is "rate limited" doing on an exchange anyways? with any other exchange you can put bids in of any amount high or low no matter how ridiculous the "rate" is....

I also tried to do a co op advertising with them... they probably got plenty of hits from my pages... and they never returned the favor of advertising my sites. i think i only have their advert left on my block explorers... i guess ill be taking those down too...

maybe the dev was just a nub... and could not handle the project... i get the impression that exchange is a one man team....

im almost leaning towards the "nub dev" idea, or just a one team not big enough to keep up with everything... if its just a one man team than i could understand that he / she would be very swamped with requests...

it looks like people are still trading there.. has anyone had any problems lately or did coins-e get their ducks in a row yet? if they get their stuffs fixed they still owe me some co op advertising 

I lost 40k+ PWC there.

Did the coin get 51'd or did they simply take it ?

So is it a scam or not?

Just sent them this note:

Still waiting on my PXC to show up...any ideas?  Have you guys tried updating the client yet?  Can you at least give me some sort of info?  The transaction is not confirmed and I have not received any of my PXC that I withdrew on Sept. 4th; tomorrow will be 3 weeks of not having my coins...

Back to the front page!!!!!!

I still haven't heard a single word from Coins-E 

I don't have a ton invested, but I still want my coins!  Either they are scamming us, or they are too stupid to figure out how to update their client.  This shit is ridiculous...

I have been waiting since Sept. 4th and still nothing

Well its been over 24 hours and still no withdrawal of my valuecoins. I wont be using this exchange anymore despite the fact the coins may eventually show up. Its been the best part of a week since I tried to make this withdrawal and still nothing - not good enough.

They offered to manually process my withdrawal but because they responded I didnt bother with the request and just figured they would follow through. I've emailed them again just now and asked them to manually process the withdrawal to help you guys resolve/investigate this issue

Thanks; the more people see it the better. If I had known others had trouble before me I wouldn't have lost money.

Didn't think about posting at cryptocoinsnews - damm. Would have been a nice gig - lose coins -> post your ordeal -> get paid and recover some of them

No, but I am not giving up. I am camping in their chatbox informing everybody. Somebody nicknamed 'gollum' turned up today and claimed his deposit of 120 odd XPMs hasn't showed up. I pointed him to this thread so hopefully he will post here and inform us whether his problems got solved or not.

Has anyone's problems got solved? What about Oldminer? He had received some reply from them.