Author

Topic: ExtStock exchange - fake volume, fake buy/sell orders (Read 310 times)

jr. member
Activity: 136
Merit: 4
jr. member
Activity: 39
Merit: 2
Hello, any news about extstock ? I have 24 ETH in my account and I can`t withdraw Smiley Fortunately i only deposited  0.2ETH ... so, anybody know one way to transfer fund from this enchange to my wallet ? Nobody answer to my emails from 4 days ...

Thanks !
member
Activity: 280
Merit: 43
Yeah ExtStock is totally fake exchange.Few days ago same thing happen to me as well.I was joined some of their program & got some token for freebee.Then I sold them easily but problem happen when I was going to exchange my BTC balance to LTC.I put order from first but didn't filled the order.Then i set my order & go back after 2 days then I notice my order was filled. Finally I withdraw my funds.

But fact remains, Stay away from ExtStock.
newbie
Activity: 7
Merit: 0
This is indeed a scam exchange. See this thread here: https://bitcointalksearch.org/topic/extstock-scammy-behavior-5238319
[/quote

Thank you for sharing, yes is a scam
sr. member
Activity: 500
Merit: 253
newbie
Activity: 17
Merit: 0
The exchange is a complete fraud and you will never withdraw anything you deposit.  If anyone says different I believe they are part of the scam.  I sent an old alt-coin here to trade as it was one of the only places that listed it.  The KYC process was fast and easy, but that is where it stops.  They want you to show them a license that does not exist in order to trade your now useless USD balance.   You also need a minimum 1000 USD withdraw, my guess is hoping some will send more in hopes of getting back what is stuck/lost.   Reddit and other social media has many users complaining of same exact run around.  They also will not allow any comments on their Twitter posts.   I lost $120 worth of an old alt-coin, hopefully this will prevent someone else from falling victim to these thieves.
full member
Activity: 246
Merit: 100
Never had problems with this exchange. And its little bit questionable that you define fake volumes or orders as scam. Scam is If they steal your money or coins, thats scam.

I feel scammed because I (1)wasted time (2)lost money on withdrawal fees (3)lost money because I expected that I will be able to trade at a price which was shown but I wasn't able so I had to sell at price even lower then at other exchanges.
None of this happened if they were fair and didn't have fake orders - I wouldn't even deposit my LTC in that case.

I'm not saying this exchange stole all my money. But they are using fraudulent practice and I suppose "Scam Accusations" is the appropriate board for this thread to warn others. When I consider a new exchange, I always check if there are some threads about it on bitcointalk. If this thread existed before, I would stay away from ExtStock exchange.

Hi, now I know what you was talking about. I had the same issue as I tried to sell LTC and buy ETH. I tried to sell, but the orders didnt go through and I pumped the LTC/ETH price just through my buy orders, It was obviously that there were no sell orders and they just disappeared to make me sell more expensive. At the end the price was up 12% until I could sell all LTC. You were right. I never traded these pairs, so looks like the big pairs are problematic.
Is your problem solved now or is your money still in the exchange?
honestly, this is my first time using Extstock exchange
when I checked coin marketcap and coingecko the reputation was pretty good but after I tried it it was very bad
full member
Activity: 246
Merit: 100
I just used this exchange and it's true that this exchange is a scam.
I sell altcoin to USD then I can't exchange it for any coin there. written notification "You should have a Qualified Trader status to trade on this pair"
it happens in all USD pairs
newbie
Activity: 10
Merit: 0
Never had problems with this exchange. And its little bit questionable that you define fake volumes or orders as scam. Scam is If they steal your money or coins, thats scam.

I feel scammed because I (1)wasted time (2)lost money on withdrawal fees (3)lost money because I expected that I will be able to trade at a price which was shown but I wasn't able so I had to sell at price even lower then at other exchanges.
None of this happened if they were fair and didn't have fake orders - I wouldn't even deposit my LTC in that case.

I'm not saying this exchange stole all my money. But they are using fraudulent practice and I suppose "Scam Accusations" is the appropriate board for this thread to warn others. When I consider a new exchange, I always check if there are some threads about it on bitcointalk. If this thread existed before, I would stay away from ExtStock exchange.

Hi, now I know what you was talking about. I had the same issue as I tried to sell LTC and buy ETH. I tried to sell, but the orders didnt go through and I pumped the LTC/ETH price just through my buy orders, It was obviously that there were no sell orders and they just disappeared to make me sell more expensive. At the end the price was up 12% until I could sell all LTC. You were right. I never traded these pairs, so looks like the big pairs are problematic.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Never had problems with this exchange. And its little bit questionable that you define fake volumes or orders as scam. Scam is If they steal your money or coins, thats scam.

I feel scammed because I (1)wasted time (2)lost money on withdrawal fees (3)lost money because I expected that I will be able to trade at a price which was shown but I wasn't able so I had to sell at price even lower then at other exchanges.
None of this happened if they were fair and didn't have fake orders - I wouldn't even deposit my LTC in that case.

I'm not saying this exchange stole all my money. But they are using fraudulent practice and I suppose "Scam Accusations" is the appropriate board for this thread to warn others. When I consider a new exchange, I always check if there are some threads about it on bitcointalk. If this thread existed before, I would stay away from ExtStock exchange.
newbie
Activity: 10
Merit: 0
Never had problems with this exchange. And its little bit questionable that you define fake volumes or orders as scam. Scam is If they steal your money or coins, thats scam.
sr. member
Activity: 481
Merit: 268
Trading on small exchanges will make you lose money because of the usual gap between sell and buy orders. Many small exchanges fake orders and volume to hide the gap to attract customers. You found another one. I hope you could get your money out. Because the next scam step from fake exchanges is blocking withdrawals using any excuse they have.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
First thing first, how you end up using that exchange? What gives your feels to use them instead of using other exchange?
And, so hows your funds there? Have you successfully withdraw your funds from tat exchange?


I am wondering that also. Because only few answers you can extract why you are at unfamiliar exchange. Maybe, he has specific coin or tokens that are only traded in that exchange. So once he got his btc, he withdrew it.
But on this matter, at least we are aware that this exchange has suspicious activities going on. And we should avoid at all cost. Thanks for the warning OP!
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
First thing first, how you end up using that exchange? What gives your feels to use them instead of using other exchange?
And, so hows your funds there? Have you successfully withdraw your funds from tat exchange?
full member
Activity: 691
Merit: 100
1 week ago I request to withdraw after 30 hours I got payment.They have also fake orders eth-btc,bch-btc & ltc-btc
jr. member
Activity: 108
Merit: 1
Coinmarketcap listed this market trade list ,so many trader huge losses.They update their twitter report so many cilent believe that exchange are running but i find scam only see bch-btc and ltc-btc trading pair.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
hahaha this is very funny LTC / BTC is a lot of trade in interest but there are no orders really this bot is useless.
This exchange is indeed not widely known because scamer continues to occur so they are looking for prey to make a lot of deposits.
Btw whether the funds can be withdrawn again?
I was able to withdraw BTC but I needed to sell LTC under the market price so I still have loss.

As you saw on screenshots, all buy orders disappeared after I made some sell order. Later they started to appear again so I made this video how I managed to sell the rest of my Litecoins. It's really funny because there are many buy orders but I simply wasn't able to sell my Litecoins until I made ridiculously low sell order at 0.005 BTC.

Here is the video: https://youtu.be/orsTtfvD0GQ
sr. member
Activity: 1092
Merit: 250
hahaha this is very funny LTC / BTC is a lot of trade in interest but there are no orders really this bot is useless.
This exchange is indeed not widely known because scamer continues to occur so they are looking for prey to make a lot of deposits.
Btw whether the funds can be withdrawn again?
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Warning - avoid ExtStock exchange at all costs! https://extstock.com/

Not only fake volume but they also have fake buy orders which is unacceptable. I tried selling LTC for BTC and first I opened sell order at the price of highest buy order. It got filled only partially even though buy order was for more Litecoins than I was selling. This is the situation after my first trade - I received 0.0013~ BTC. As you can see, many large buy orders around 0.00624 BTC still open.



Then I decided to open sell order at 0.0061 which should get filled surely. But it got filled only 55.64% even though there were many many buy orders at higher prices.



To make things even funnier, when I refreshed the page, all buy orders disappeared. Basically I crashed their entire LTC/BTC pair with 0.3 Litecoin deposit. But before I came, there were trades for 10s and even 100 LTC and buy orders for same amounts  Cheesy
No more buy orders:


I am familiar with the fact that many exchanges inflate trade volume but their buy orders are legit so you CAN sell at those prices if you want. But here ar ExtStock, everything is fake.

Stay away
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