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Topic: BTER all coins withdrawal is disabled but you can still deposit (Read 597 times)

full member
Activity: 351
Merit: 101
bter stohl befor and now they steel again . thats all.
they replaced real bitcoin with btc_b and now they even erased them out of account .
thats there biz model

right. most profitable one  Grin BTW do they have any phone support or just a bot saying "I'm sorry, the operator are busy, please later"?
The email  support surprisingly works and they allow to withdraw some coins.
full member
Activity: 351
Merit: 101
bter stohl befor and now they steel again . thats all.
they replaced real bitcoin with btc_b and now they even erased them out of account .
thats there biz model

right. most profitable one  Grin BTW do they have any phone support or just a bot saying "I'm sorry, the operator are busy, please later"?
legendary
Activity: 1078
Merit: 1000
bter stohl befor and now they steel again . thats all.
they replaced real bitcoin with btc_b and now they even erased them out of account .
thats there biz model
newbie
Activity: 39
Merit: 0
Seems like these days exchanges are all messing up. Polo has withdrawal issues and now Bter. You gotta really do your research before you put coins on an exchange or else you might just be throwing away your coins.
legendary
Activity: 1652
Merit: 1088
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Bter is a Chinese exchange, arn't they? I wonder if the PBOC has decided to look into them at the moment as well and check whether they have adequate AML and verification.

I think this now means that all Chinese exchanges are blocking cryptocurrency withdrawals.

P.S. I found the following article from them dated 10th Feb:

https://bter.com/article/12620

Quote
BTC and LTC Withdrawal Suspended for Anti-money laundering Compliance

In compliance with requirements  from regulators that Bitcoin exchange shall not violate laws and regulations related to anti-money laundering, foreign exchange management and payment settlement and other related financial laws and regulations,  BTER is going to formulate anti-money laundering standards for Bitcoin industry together with its peers in the industry based on the government laws and regulations and its experience in business operation and upgrade its anti-money laundering system  comprehensively to prevent and strike  crimes Bitcoin may be involved in  money laundering,  swap and pyramid scheme. To avoid illegal trading that may happen before the system upgrade, Bter has decided to:

1. Suspend withdrawals of LTC and BTC
2. Withdrawals of  CNY(Chinese yuan) and other businesses shall not be affected
3 The withdrawals of LTC and BTC will be restored as soon as the system implementation finishes. It may take a month for the formulation and implementation of the industry standard and it  may finish  ahead of the schedule depending on the developing progress.

We are so sorry for the inconvenience caused. Thank you for your understanding and support.

BTER
Feb 10, 2017
full member
Activity: 213
Merit: 100
Same problem for me.


" BTC withdrawal is suspended y in complince with the anti-money laundering policy in China.
Please kindly keep an eye on the BTC withdrawal page for the update.

Thank you for your patience "



I don't understand nothing.
hero member
Activity: 567
Merit: 502
Hey yo let's go
BTER all coins withdrawal is disabled but you can still deposit

what I not understand it is this, I cant withdraw any coin but I can deposit.

great BTER.
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