BTC.sx | Bitcointalksearch.org

Muhammed Zakir

hero member

Activity: 560

Merit: 509

I prefer Zakir over Muhammed when mentioning me!

Quote from: OmegaStarScream on July 22, 2015, 12:11:08 PM

It's not that well known like BTC-E or Bit-X ando ther famous exchange .
You can choose either you continue using the website or not based on few reviews of the members : http://bittrust.org/btcsx , SCAM ACCUSATION FROM REDDIT : http://www.reddit.com/r/Bitcoin/comments/2175ct/feedback_dont_use_btcsx_scamtrap/ and you can see here too : https://bitcointalksearch.org/topic/btcsx-experience-383246

I personally wouldn't take risks to use it based on the three links . Remember : never store your bitcoins on a exchange website it can go hacked or turn to a SCAM while they have enough money and walk away , withraw whenever you can

BTC.sx is a trading platform and not an exchange. Besides, every sites got at least one or two complaints from users.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

It's not that well known like BTC-E or Bit-X ando ther famous exchange .
You can choose either you continue using the website or not based on few reviews of the members : http://bittrust.org/btcsx , SCAM ACCUSATION FROM REDDIT : http://www.reddit.com/r/Bitcoin/comments/2175ct/feedback_dont_use_btcsx_scamtrap/ and you can see here too : https://bitcointalksearch.org/topic/btcsx-experience-383246

I personally wouldn't take risks to use it based on the three links . Remember : never store your bitcoins on a exchange website it can go hacked or turn to a SCAM while they have enough money and walk away , withraw whenever you can

Deuceisgood

full member

Activity: 227

Merit: 100

Nobody using BTC.sx ... really?

Is a BTC.sx rep reading these boards? This site appears to function very well, and looks good. Just the uncompetitive commissions have taken it out of the game.

Happy to hear that I'm wrong. Is that an echo? Lol.

Deuceisgood

full member

Activity: 227

Merit: 100

Is anyone using this? I just created an account and spent some time carefully looking at the offering/platform. It looks like this was conceptualized when the arbitrage opportunities between different exchanges were quite large. But that doesn't really hold anymore. And BTC.sx fees are quite high - 0.48% upon entry AND exit from a positions, so total 0.96%. On top of that they charge fee for holding position longer than 1 day, so there are holding fees as well.

It seems so much cheaper to trade with leverage on Bitfinex directly, I'm not getting why anyone would trade here. I guess in a crazy market when the exchanges' prices diverge, this platform could be useful.

Is anyone using this? What advantage do you see, and why do you like it?

Topic: BTC.sx (Read 369 times)