Topic: EXRATES.ME is a scam Exchange - page 6. (Read 24320 times)
To be honest, I never heard of such kind of exchange. Don't know how you come up using this while there have some good exchanges. Anyway, why don't you post it in scam accusation with some valid proofs so that we people can get alert? It would really be appreciated.
There is some extremely shady business going on there at Exrates. They are possibly manipulating the price of Simmitri (and maybe a whole lot of other coins/tokens too). I noticed this, becouse SIM is on the first place of "Biggest gainers and losers" on CMC. Simmitiri went up from from $0.01 to around $0.09 in just a few hours - as far as I am concerned becouse of Exrates. We are talking about a rank 1167 token with a market cap of 85k dollars and a volume of 420k dollars. If you go to the Exrates SIM/BTC page, you can check out the manipulation going on there. I noticed that there are orders filled almost every 10 seconds, but they are fake ones, not from the orderbook. A new sell order appears out of nowhere and gets filled almost immediately. You can see on the attached immage that there are not much buy/sell orders, and although there are sell orders for the fraction of the price, they do not get filled, instead the fake ones are filled all day long.
It's the first time I hear this exchange, but they have strange and idiotic terms and conditions. I always avoid exchanges that I do not know or that are not old with a good rating. Lately, more and more exchanges are SCAM. It is a very high risk that we do not deserve to assume. Better we choose well-known exchanges, even if trading fees are higher.
Sad to hear that this exchange is not good, this is the exchange site which footballcoin was listed and this is the first exchange after a long time of waiting but sad it is not good to send my balance and do trading with them. Luckily that i already see this thread and as my reference for this exchange.
Well, I for one does not like the exchange, I feel any project that is to list there is not actually serious because the volume in the exchange is so low.The exchange really looks bad and has little to zero trades. I advice to avoid it.
I do not think that Exrates me is a scam but I agree, these guys are looking pretty strange. I do not like exchanges with a low volume and almost no coins to trade. Thanks for warning anyway, and put your fingers away from another scam that is called Yobit exchange!
Any advice on what crypto currency has relatively lowest withdrawal limit there? 
Hi! I prefer Ethereum withdrawals in every exchanger I use. It has lower withdrawal fees compared to bitcoin. Well not unless there's no ethereum withdrawals available which is maybe rare. If I have to trade on a btc pair, I convert my btc to ethereum before withdrawing it. Maybe its a case to case basis. Whether you may need btc too so you just have to face those high withdrawal fees.
Any advice on what crypto currency has relatively lowest withdrawal limit there?
I haven't use the exchange before though the day i try to sign up it was very slow like snail apart from that i have read a lot of bad review about this exchange.
I don't know scam or not, but they are mentioned at many places on the net, especially when talking about small btc forks.. One thing that is really bad there is ridiculously high minimum withdraw amounts for shitty worthless coins that have little value whatsoever and you need a ton of them to do so. Or ton of them to dump and exit
This is my first time hearing about this exchange. I hate new exchanges that I am not sure of, it will be good to do exchanges on the popular and known ones. Thank you all for sharing, it will save many.
This is my experience too now that I have entered the token in the Market? Is there another way to solve this problem, my tokens are a fair amount, please give me a briefing on how to make money from and out of the market.
I just found out now that exrate.me is a bad market and it is unclear how they carry out the market function
I just found out now that exrate.me is a bad market and it is unclear how they carry out the market function
If what an exchange offer is too good to be true....then be on the alarm.
Always confirm an exchange review before trading on it.
Always confirm an exchange review before trading on it.
If they are showing fake volume on cmc then maybe cmc is part of speculatiin, i think cmc should also check such stats and make sure they are correct because millions of traders and investors usually check the stats on cmc before making buy sell decision.
Yes i have to agree. with the fake buy and sell orders. just go there and watch BRB for 20 mins with no sell orders and miraculously there will be a buy order with no coins for sale it's just not possible. As for withdraw and deposit i can't confirm as i had no problems
Exrates stolen me 30 xmr.
I agree this exchange is not good.
They charge total 1%(0.5% as Exchange Fee, 0.5% as Merchant Fee) when withdrawing from the wallet and I have never heard this kind of huge fee.
I also found fake tradings that there were no exact sell/bye orders but showing many trades on the trading history.
Look at ETH/BTC for example. Orders are so small but the volume is massive.
Still did not made any withdraw yet but I am so afraid if I can move my assets to other exchange.
They charge total 1%(0.5% as Exchange Fee, 0.5% as Merchant Fee) when withdrawing from the wallet and I have never heard this kind of huge fee.
I also found fake tradings that there were no exact sell/bye orders but showing many trades on the trading history.
Look at ETH/BTC for example. Orders are so small but the volume is massive.
Still did not made any withdraw yet but I am so afraid if I can move my assets to other exchange.
Just a note I was able to send my coins to different exchange but took 5hrs to process from here and seems they do manual for withdraw.
Hello all,
As a crypto community member, it’s important to warn all community members that the exchange called Exrates.me is a Scam exchange.
Please don’t list your projects on this so-called Jakarta based exchange
We have investigated them and these are the conclusions:
1. This exchange manipulates its coinmarketcap information, constantly showing a trade volume of usd42m, when there is less than usd200k volume daily
2. All trades are manually manipulated by the Exrates team and it’s not possible to execute any trades
3. Withdrawals take forever to be processed and your deposits get lost with no explanations
4. All the twitter followers and likes are fake, and any announcements of coin listing are just mere scams
5. The trade engine is virtually non existent and everything seems done by hand
Please stay away from this exchange. They charge 3 BTC for listing and their exchange is simply fraud!!
EXRATES.ME is SCAM!!!!
Is this real? Do you have any informative links to your accusation? Please post it here so that there is a valid proof that states they are a scam. Two of the coins I knew that listed already in exrates, and these two coins are already in my wallet however, I think this coins are also shitcoins that's why they will list it on a scam exchange. As a crypto community member, it’s important to warn all community members that the exchange called Exrates.me is a Scam exchange.
Please don’t list your projects on this so-called Jakarta based exchange
We have investigated them and these are the conclusions:
1. This exchange manipulates its coinmarketcap information, constantly showing a trade volume of usd42m, when there is less than usd200k volume daily
2. All trades are manually manipulated by the Exrates team and it’s not possible to execute any trades
3. Withdrawals take forever to be processed and your deposits get lost with no explanations
4. All the twitter followers and likes are fake, and any announcements of coin listing are just mere scams
5. The trade engine is virtually non existent and everything seems done by hand
Please stay away from this exchange. They charge 3 BTC for listing and their exchange is simply fraud!!
EXRATES.ME is SCAM!!!!
Can you give some picture as proof about what you listed out? I think it'll help people believe in you and your report as well . I can easily say that anyone is a scammer but nobody will believe me if I don't have any proof about that. Beside you should be patient if you're going to use a new exchange until there are some reports about it on the interenet or in this forum
. I can easily say that anyone is a scammer but nobody will believe me if I don't have any proof about that. Beside you should be patient if you're going to use a new exchange until there are some reports about it on the interenet or in this forum
Careful about new exchange right now, too much scam exchange. I think we should to be carefully in this time
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