Topic: BitForex exchange- is it safe? (Read 20758 times)
I used Bitforex exchange before for several trades, and it is safe to use and the fees are lowered too, compared to many crypto exchanges. The volume of trading there is also high, and there are many coins and tokens listed, so it is generally not a bad exchange.
Actually, they are one of the safest exchanges out there.
But their limitations are annoying. They probably don't ask for little players.
hi, can you kindly elaborate more, I've not used this exchange before and I have a coin that is being traded there, just wanna open an account with the exchange right now But their limitations are annoying. They probably don't ask for little players.
bitforex is a very large and safe exchange, it has a large volume every day and you don't worry if you want to register on this exchange, because this exchange has a large amount of value.
Actually, they are one of the safest exchanges out there.
But their limitations are annoying. They probably don't ask for little players.
hi, can you kindly elaborate more, I've not used this exchange before and I have a coin that is being traded there, just wanna open an account with the exchange right now But their limitations are annoying. They probably don't ask for little players.
bitforex is a very large and safe exchange, it has a large volume every day and you don't worry if you want to register on this exchange, because this exchange has a large amount of value.
There are really some exchangers aren't really being too recognized by majority even though they are pretty doing well
but if they are good then why they didnt stand out ? that only means that they arent good enough or maybe its because of thier name that sounds like forex so people will think that the exchange is mostly for forex trades and not for cryptos . anyway , i heard enough positive coments regarding for this site , so i think this site is really trusted .
people are just close minded to use up on whats on the top rather than trying something which can compete out on the service but well we cant blame them yet its always been wise thing to stick up on top tiers
not all . there are users that keeps on experimenting and trying newer stuffs but unfortunately alot of them were also got scammed and hacked . this is why some are being careful enough to trust only the trusted sites . 
Bitforex exchange platform is one of the recommendable trading platform in my opinion.
Because I used this platform and face a lot of problems because of confusing using due to I am new to it,
but their support team was very accommodating, they will really assist you as much as they can to help you out
to your issues with the platform, in short their service was quite definitely good.
There are really some exchangers aren't really being too recognized by majority even though they are pretty doing well regarding into its service yet people Because I used this platform and face a lot of problems because of confusing using due to I am new to it,
but their support team was very accommodating, they will really assist you as much as they can to help you out
to your issues with the platform, in short their service was quite definitely good.
are just close minded to use up on whats on the top rather than trying something which can compete out on the service but well we cant blame them yet
its always been wise thing to stick up on top tiers.I tried on using Bitforex ones and all went smooth.
Bitforex exchange platform is one of the recommendable trading platform in my opinion.
Because I used this platform and face a lot of problems because of confusing using due to I am new to it,
but their support team was very accommodating, they will really assist you as much as they can to help you out
to your issues with the platform, in short their service was quite definitely good.
Because I used this platform and face a lot of problems because of confusing using due to I am new to it,
but their support team was very accommodating, they will really assist you as much as they can to help you out
to your issues with the platform, in short their service was quite definitely good.
bitforex is a professional exchange and has a high trading volume for every day and also often does the IEO program, so you don't worry about this exchange, have never heard of this exchange having problems and theft of funds as long as I'm safe
I didn't used that exchanger till now. But I think it's safe. Cause it's a big platform with much volume which is good for traders. So, from my opinion I think bitforex is safe!
Now we are seeing there are many exchanges in the market and till now i didn't use Bitforx exchange for trading. But recently most of the IEO completed coins are listing the coin in this exchange, even it is generating very good volumes but how far the withdrawals and deposits going on don't know.
The first time I attempted to used Bitforex, I was nervous, because the span of hours before it got transferred to my wallet, it took more than 15 hours I think if I'm not mistaken, but when I'm doing trade to their platform so far so good it was good to trade with it actually. So, I encourage anyone to use this platform because its safe.
This is one of big and good exchange now, you can rest assured to trade here. But your second option is probably better because bitfinex is one of the largest and most real volume exchanges today
I agreed Bitforex is one of the new good exchange in this business industry. And so far so good while I'm using it, I don't face any issues with it.
While Bitfinex has been stand for a years here in trading business concept, were it is more better than Bitforex, but both are good to use in if you like to trade something in the platform.
Good afternoon sirs.
I am trying to exchange a currency of exchange (ODE) for a while, a principle I tried for ethfinex, but they demanded 1000 dollars in the account, luckily I got my coins back (losing a bit for rates ...), second option was a bitfinex , as I was already expert, I checked to see if I needed any balance to operate .... 10k Shocked
.
Third and last option according to a CMC, https://www.bitforex.com/, here is a question: Has anyone already deposited and withdrawn in this exchange? If yes, were you happy ??
Note: Yes, the volume of Bcash traded on it is absurd.
I am trying to exchange a currency of exchange (ODE) for a while, a principle I tried for ethfinex, but they demanded 1000 dollars in the account, luckily I got my coins back (losing a bit for rates ...), second option was a bitfinex , as I was already expert, I checked to see if I needed any balance to operate .... 10k Shocked
.Third and last option according to a CMC, https://www.bitforex.com/, here is a question: Has anyone already deposited and withdrawn in this exchange? If yes, were you happy ??
Note: Yes, the volume of Bcash traded on it is absurd.
I am planning to use bitforex this coming week, As I observed compared to other exchange it is good and normal average.
Though the volume of BTC was not that huge enough but I can still consider it as a good exchange platform.
If anyone is still watching this thread, I wonder if you could help me with what appears to be a discrepancy in their order accounting.
It is very frustrating.
I have made thousands of successful trades and I am shopping for a new exchange- Binance- Sept 12.
I tested a small order, because if there is any funny business going on, most people have no idea how to check for it in the accounting.
I moved over a little BTC to test.
I waited for it to up up a little.
I sold 0.002BTC
Then, I waited for it to go down, approximately 0.55%.
I bought lower, with the goal to see that with fees, it showed a profit in the neighborhood of 0.35%.
0.55% minus 0.2% fees = 0.35%.
Easy enough, right?
What it appears that their system did, is round the order literally just 3 units after the decimel.
So, that means selling 0.002 BTC and buying 0.002 BTC. In USDT, the buy order shows a lower amount.
Their admin help claims I should see the profit in USDT.
They also stated that in theory, it would be more decimels, but it only goes 4 units (3 after the decimel).
The question is whether it showed the correct profit in assets and just not in order history?
Screen shots, back and forth, and finally I was insulted and told I don't understand trading at all.
Imagine if that wasn't a test trade but $thousands?
Ask for proof that it is taking all satoshi's into account and get insulted?
BTW if anyone else is running into any of the issues I am, I've tested BiBox as well, and although I want to like it because you can save on fees, the bot trading really makes lower volume trading difficult. They are running a special on LINK with no fees, but a bot automatically trades 1 unit higher for every order. You can accidentally run up the value massively higher than the current going price and it will not enter the order. No trouble for larger volume coins, though other orders do go in ahead of yours.
Anyway, if anyone reads this and has something helpful, much appreciated.
It is very frustrating.
I have made thousands of successful trades and I am shopping for a new exchange- Binance- Sept 12.
I tested a small order, because if there is any funny business going on, most people have no idea how to check for it in the accounting.
I moved over a little BTC to test.
I waited for it to up up a little.
I sold 0.002BTC
Then, I waited for it to go down, approximately 0.55%.
I bought lower, with the goal to see that with fees, it showed a profit in the neighborhood of 0.35%.
0.55% minus 0.2% fees = 0.35%.
Easy enough, right?
What it appears that their system did, is round the order literally just 3 units after the decimel.
So, that means selling 0.002 BTC and buying 0.002 BTC. In USDT, the buy order shows a lower amount.
Their admin help claims I should see the profit in USDT.
They also stated that in theory, it would be more decimels, but it only goes 4 units (3 after the decimel).
The question is whether it showed the correct profit in assets and just not in order history?
Screen shots, back and forth, and finally I was insulted and told I don't understand trading at all.
Imagine if that wasn't a test trade but $thousands?
Ask for proof that it is taking all satoshi's into account and get insulted?
BTW if anyone else is running into any of the issues I am, I've tested BiBox as well, and although I want to like it because you can save on fees, the bot trading really makes lower volume trading difficult. They are running a special on LINK with no fees, but a bot automatically trades 1 unit higher for every order. You can accidentally run up the value massively higher than the current going price and it will not enter the order. No trouble for larger volume coins, though other orders do go in ahead of yours.
Anyway, if anyone reads this and has something helpful, much appreciated.
They disappeared with my deposit
MHC Token
I don't trust them
MHC Token
I don't trust them
My personal experience about BitForex exchanges is very safe,
I use it often and transactions don't have problems, so don't hesitate if you want to use it.
I use it often and transactions don't have problems, so don't hesitate if you want to use it.
Does anyone know whether there is an account from BitForex on the forum or whether they have an ANN thread? I need to apply some of my medicine on them.
BitForex allows tokens to use the tickers of established coins and to spread misinformation on other social media platforms to sell them on the site. Pleas always be careful to avoid crypto scams.
That I can not categorically say, but save or not do not keep your funds on exchanges.
I have used Bitforex before and what they practice is wash trading which is a big concern to me, this need to be discourage, maybe recently if real volume has increase but the time I used it, it was bad and not just Bitforex alone that practice this, many of this new exchanges do and even old ones
I have used Bitforex before and what they practice is wash trading which is a big concern to me, this need to be discourage, maybe recently if real volume has increase but the time I used it, it was bad and not just Bitforex alone that practice this, many of this new exchanges do and even old ones
Good afternoon sirs.
I am trying to exchange a currency of exchange (ODE) for a while, a principle I tried for ethfinex, but they demanded 1000 dollars in the account, luckily I got my coins back (losing a bit for rates ...), second option was a bitfinex , as I was already expert, I checked to see if I needed any balance to operate .... 10k Shocked .
Third and last option according to a CMC, https://www.bitforex.com/, here is a question: Has anyone already deposited and withdrawn in this exchange? If yes, were you happy ??
Note: Yes, the volume of Bcash traded on it is absurd.
Store on the exchange of course dangerous , but he used a couple of times when exchanging tokens in more fundamental coins, everything went quickly and as quickly I brought them I am trying to exchange a currency of exchange (ODE) for a while, a principle I tried for ethfinex, but they demanded 1000 dollars in the account, luckily I got my coins back (losing a bit for rates ...), second option was a bitfinex , as I was already expert, I checked to see if I needed any balance to operate .... 10k Shocked
.Third and last option according to a CMC, https://www.bitforex.com/, here is a question: Has anyone already deposited and withdrawn in this exchange? If yes, were you happy ??
Note: Yes, the volume of Bcash traded on it is absurd.
I have used them today to unload some BSV and everything went fine. Coins were registered within 15 min and available for trading and withdrawal was instant. Let's hope things will remain this way. I don't know what the limits are because they don't give you a clear indication of how much you can withdraw without going through KYC procedures (unlike Binance that shows you 2BTC/24h limit from the start), but I like that they aren't forcing KYC from the moment you create an account but allow you to trade freely.
Jump to: