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Topic: Bituary.com a legit exchange? (Read 233 times)

legendary
Activity: 3010
Merit: 3724
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December 31, 2019, 05:33:22 AM
#19
Just want to drop in here and say that I was auto added to a spam Telegram channel of arbitrage opportunities -- that to me qualifies the associated exchange (in this case Bituary) as a scam. Any service that needs to invite you into a spam channel giving fake arbitrage signals giving out ref links, should be automatically added as a scam.

Look online too, and it seems Bituary will accept deposits but never withdrawals.
hero member
Activity: 3010
Merit: 794
December 30, 2019, 06:47:01 PM
#18
Hi all,

Off late, I have seen a good amount of arbitrage opportunities on ibituary.com and would like to know if this is a legit exchange at all. Has anyone traded here? Any experiences then kindly share...Thanks

bituary.com?? I just heard the name of this exchange..  I strongly recommend to you, don't use arbitrary exchange.  You will only regret it if the exchange close or runs out of the coins/tokens that you have deposited, you better only use an exchange that already has a high reputation and trust.

Sometimes i do think up these kind of queries to be turned out as an indirect advertisement towards this unheard exchange  which do tell out people to visit out site and might able
to see some arbitrage opportunities.

It isnt really worth for the time and effort for you to consider these unknown exchangers for you to deal with.If we dont like to lose money then better to stay away on this one.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
December 30, 2019, 04:35:35 PM
#17
Hi all,

Off late, I have seen a good amount of arbitrage opportunities on ibituary.com and would like to know if this is a legit exchange at all. Has anyone traded here? Any experiences then kindly share...Thanks

bituary.com?? I just heard the name of this exchange..  I strongly recommend to you, don't use arbitrary exchange.  You will only regret it if the exchange close or runs out of the coins/tokens that you have deposited, you better only use an exchange that already has a high reputation and trust.
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
December 25, 2019, 09:28:30 AM
#16
This is pure shit and scam exchange, no one heard this exchange's name before until you posted this thread. You may check their domain details and the website worthless than 500 USD, and check their twitter, telegram page, it's nothing real. Always avoid new and unknown exchange until you get some positive reviews from users.
sr. member
Activity: 1876
Merit: 259
December 15, 2019, 01:04:49 AM
#15
Don't try to trade arbitrage especially with small exchanges and few people know.
If you want to trade arbitrage, use a trusted large exchange.
Don't be easily influenced, it could be that your altcoin does not have volume there.
hero member
Activity: 3038
Merit: 634
December 14, 2019, 03:46:20 PM
#14
Your last post was since 2018 and you came back just to ask that question? this is exactly what Baofeng as pointed.

These guys will ask for a "legit" question about an exchange, project or anything that they want to advertise in the form of making themselves that they don't know about such. The name itself of that exchange is already creepy for me after hearing it for the first time. We've been telling everyone that avoid exchanges like this that are unknown to the people.
sr. member
Activity: 1274
Merit: 267
December 14, 2019, 02:48:34 PM
#13
Hi all,

Off late, I have seen a good amount of arbitrage opportunities on ibituary.com and would like to know if this is a legit exchange at all. Has anyone traded here? Any experiences then kindly share...Thanks


Would be better to move this thread to Exchange section since this thread is more related to exchange than to Bitcoin itself.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
December 14, 2019, 02:23:35 PM
#12
Haven't heard of it, just bump on this just today and saw @joiboni already warned about this exchange.

I don't know this exchange, it seems like it was just established, and its scale is small. The question is why don't you use big exchanges? There are many large and reputable exchanges today such as Bittrex, Binance, Poloniex, ... If no one knows about the new exchange that you submit, you should choose one of above to use. It will help you avoid potential risks. Arbitrage opportunities are not a good idea to take advantage. Transferring money from one exchange to another will take a long time, it will be a big hassle. Be careful!
It is not worth a risk to use that exchange, if you are finding a good arbitrage you can search for more popular, well-known  and reputable exchange. I'm a bit cautious about this one also though there are no proofs yet to accuse the exchange since no one's taking the initiative to trade in there. Think practically, don't be too radical on picking what exchange would you use that might give you problems.
legendary
Activity: 2576
Merit: 1655
December 14, 2019, 02:11:57 PM
#11
Interesting, majority of us never heard of this exchange, I smell something fishy here, Don't get tricked by hidden spam on this forum.

legendary
Activity: 2590
Merit: 3015
Welt Am Draht
December 14, 2019, 12:41:39 PM
#10
Never heard of it.

99.99 times out of ten when there's an 'opportunity' for arbitrage it means there's something fucked up about the exchange and money can't get in or out. If you could move money in and out the gap would evaporate in a matter of seconds. No one leaves free money on the table.
sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
December 14, 2019, 12:32:26 PM
#9
Bituary.com is one of the shit exchanger and have many scam accusations.Trustpilot rating is 3.3 and joniboini already posted a link there you can see is bituary is legit or scam. Also check this thread: https://bitcointalksearch.org/topic/bituary-is-scam-5195893
hero member
Activity: 2114
Merit: 619
December 14, 2019, 09:01:22 AM
#8
Hi all,

Off late, I have seen a good amount of arbitrage opportunities on ibituary.com and would like to know if this is a legit exchange at all. Has anyone traded here? Any experiences then kindly share...Thanks

A very unpopular exchange with pretty less volume. Arbitrage opportunities are available on such websites because there is almost nil volume therefore price isn't updated everytime. Your funds might get stuck if you arbitrage on such platforms. It might be legit but arbitrage won't really work properly.
hero member
Activity: 1484
Merit: 535
December 14, 2019, 08:54:53 AM
#7
Unfortunately i have not traded on this exchange before but a rule of thumb for you if it has not been in this industry for more than 2years becareful how you store your cryptocurrencies over there because they could hit the exit scam button at any point in time. So many exchanges are collapsing so you have to be really carefull. I trade on only the top 20 exchanges just to save myself from such circumstances
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
December 14, 2019, 08:41:59 AM
#6
I don't know about this exchange but I really want to see how good the feedback is from the users because seeing on the Arbitrage telegram channel https://t.me/arbitrage_binance always recommends Arbitrage from Binance to Bituary I am a little hesitant and suspicious because the BTc price there is very much far different.
legendary
Activity: 2170
Merit: 1789
December 14, 2019, 08:34:42 AM
#5
Avoid it at all costs. Read https://bitcointalksearch.org/topic/m.52883419.

The user went offline after that accusation. Some users are saying they need to deposits before they're able to withdraw.

On top of that, the template is very similar to anonymous Chinese exchanges like Vindax etc. At least wait for their response.
hero member
Activity: 2996
Merit: 609
December 14, 2019, 08:13:24 AM
#4
Hi all,

Off late, I have seen a good amount of arbitrage opportunities on ibituary.com and would like to know if this is a legit exchange at all. Has anyone traded here? Any experiences then kindly share...Thanks

Not really worth on the risk yet you are dealing with unknown or non popular exchange where you cant be sure if its legit or would really able to release your funds once its being deposited.

If gaps or spreads are too big enough then i would already have those second thoughts yet everything that it seems too good to be true are always been shady.So its better not to take up the risk.
sr. member
Activity: 1344
Merit: 250
December 14, 2019, 08:08:42 AM
#3
Hi all,

Off late, I have seen a good amount of arbitrage opportunities on ibituary.com and would like to know if this is a legit exchange at all. Has anyone traded here? Any experiences then kindly share...Thanks

exchange ibituary not so famous I just saw on the stock exchange I think very little volume and exchange looks very few who visited the exchange's better to do arbitration in the famous exchange that is more secure. very risky if you make a deposit with a large amount in exchange ibituary.
hero member
Activity: 1344
Merit: 565
Leading Crypto Sports Betting & Casino Platform
December 14, 2019, 07:36:38 AM
#2
I don't know this exchange, it seems like it was just established, and its scale is small. The question is why don't you use big exchanges? There are many large and reputable exchanges today such as Bittrex, Binance, Poloniex, ... If no one knows about the new exchange that you submit, you should choose one of above to use. It will help you avoid potential risks. Arbitrage opportunities are not a good idea to take advantage. Transferring money from one exchange to another will take a long time, it will be a big hassle. Be careful!
newbie
Activity: 33
Merit: 0
December 14, 2019, 07:05:45 AM
#1
Hi all,

Off late, I have seen a good amount of arbitrage opportunities on ibituary.com and would like to know if this is a legit exchange at all. Has anyone traded here? Any experiences then kindly share...Thanks
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