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Topic: HitBTC - Dogecoin withdrawals - page 2. (Read 585 times)

copper member
Activity: 2198
Merit: 1837
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January 27, 2023, 04:59:01 PM
#26
When I saw January 16, I thought it was a 2 weeks old topic. Unfortunately after reading the thread I figured out it was a thread from last year. And I have to note that in one year nothing has changed. Deposits for Doge coins are still open (without any warning) but for unknown reasons withdrawals are still closed. They claim the wallet to be in maintenance but my coins left the deposit address for a bigger wallet in few minutes. If they are able to move them like that why they can't send them to the customers?


Same case with Yobit.io, their Doge coin wallet has been "under maintenance" for I think 2 or 3 years now, but the depositing part is OK. Withdrawing doge is the problem. There are so many similarities between HitBTC and Yobit when it comes to wallet maintenance and very high withdrawal fees.

People should completely stop using both exchanges.
legendary
Activity: 2604
Merit: 2353
January 27, 2023, 04:05:09 PM
#25
I recently deposited 15147 Dogecoins onto HitBTC, At this time 16/01/2022 they are worth $2,767.25, i use Dogecoins for the cheap sending fees and most exchanges use this currency. I was not expecting a price manipulation of $666.00 when i received the dogecoins on the website.
I tried to withdraw my coins back onto another exchange and received this message " Withdrawals for this cryptocurrency are offline. Please refer to the System Monitor page for updates. " . Okay I'm not worried at this point as most exchanges have wallet maintenance from time to time, but then i scrolled through the internet and i see this exchange has been having issues for a very long time with their dogecoin withdrawals
and many many angry customers. You would think they would disable Dogecoin deposits! especially when this has been a problem for what seems a year, so i reach out to them through email i get this message
When I saw January 16, I thought it was a 2 weeks old topic. Unfortunately after reading the thread I figured out it was a thread from last year. And I have to note that in one year nothing has changed. Deposits for Doge coins are still open (without any warning) but for unknown reasons withdrawals are still closed. They claim the wallet to be in maintenance but my coins left the deposit address for a bigger wallet in few minutes. If they are able to move them like that why they can't send them to the customers?

newbie
Activity: 2
Merit: 5
February 13, 2022, 10:04:36 AM
#24
They have kept trading open so you can exchange dogecoin without any problem. But the most surprising thing here is that the rate on hitbtc is several times lower than the market price of dogecoin. This is a totally trap set by the hitbtc team for their customers, and the OP has fallen into that trap and now has no choice but to incur huge losses.

This issue of Hitbtc to withdrawal of $DOGE start since last year and I'm surprised that they still didn't fixed the problem. One thing I doubt about this accusation is how the heck OP will deposit huge amount of Dogecoin to Hitbtc without checking the price of the order book. There's a lot of top tier exchange like Binance and Kucoin that accepts $DOGE with the updated price yet he still deposit on Hitbtc with lower rate.

Coincidence? OFC Not.

OP bought cheap $DOGE  to hitbtc and he is using this scam accusation to push Hitbtc to release his $DOGE(as if hitbtc will read here) that he bought cheap. He is just trying to make a quick profit by selling it on other exchange.

Check reference on how long does Hitbtc have problem on DOGE withdrawal: https://www.reddit.com/r/hitbtc/comments/q7fh0d/doge_withdrawal/

This is interesting turn of event, I have to admit that such possibility didn't cross my mind, and judging from OP's effort to find the end of this situation --which I'll say pretty minimum because after they posted the opening post, they're not commenting or gives any other follow ups like they're not too interested or absorbed into this matter, although their fund is the one at risk here-- it is quite a possible scenario.

So, dfbtc, just to clear the air here and be sure of your position, can you please show us the TX details from your address to hitbtc?

Hi thank you for replying, i have only created this post for more awareness because it is not clear what this exchange is doing. I can see many unhappy customers who are not being told about this
https://dogechain.info/address/DFP4cQP1ZuCr8KZCqspkVUDY8hsC2FVLGL
member
Activity: 397
Merit: 21
February 05, 2022, 06:25:34 AM
#23
Oh no, not HitBTC. I do not even want to read about what's happening to the OP but it should be pretty bad. I've had a traumatising experience with them that I luckily got out from without a loss (They basically requested my Facebook account and proceeded to my withdrawal after they've seen I was an M.D.), but it definitely was a mistake using them in the first place. That was more than a year ago, didn't touch it since.
hero member
Activity: 1876
Merit: 721
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January 29, 2022, 12:56:10 PM
#22
This issue of Hitbtc to withdrawal of $DOGE start since last year and I'm surprised that they still didn't fixed the problem. One thing I doubt about this accusation is how the heck OP will deposit huge amount of Dogecoin to Hitbtc without checking the price of the order book. There's a lot of top tier exchange like Binance and Kucoin that accepts $DOGE with the updated price yet he still deposit on Hitbtc with lower rate.

Coincidence? OFC Not.

OP bought cheap $DOGE  to hitbtc and he is using this scam accusation to push Hitbtc to release his $DOGE(as if hitbtc will read here) that he bought cheap. He is just trying to make a quick profit by selling it on other exchange.

Check reference on how long does Hitbtc have problem on DOGE withdrawal: https://www.reddit.com/r/hitbtc/comments/q7fh0d/doge_withdrawal/

There is a good chance that what you suspect will come true. The OP has so far not shared any evidence to show that he actually made the deposit. As a result its activities are being questioned here, since the problem of dogecoin withdrawal was already on hitbtc. Op may not know that hitbtc's reputation in this forum is already bad and they left the forum long ago. So such an attempt will not bring good results for him.
legendary
Activity: 2730
Merit: 1560
Yes, I'm an asshole
January 29, 2022, 12:09:40 PM
#21
They have kept trading open so you can exchange dogecoin without any problem. But the most surprising thing here is that the rate on hitbtc is several times lower than the market price of dogecoin. This is a totally trap set by the hitbtc team for their customers, and the OP has fallen into that trap and now has no choice but to incur huge losses.

This issue of Hitbtc to withdrawal of $DOGE start since last year and I'm surprised that they still didn't fixed the problem. One thing I doubt about this accusation is how the heck OP will deposit huge amount of Dogecoin to Hitbtc without checking the price of the order book. There's a lot of top tier exchange like Binance and Kucoin that accepts $DOGE with the updated price yet he still deposit on Hitbtc with lower rate.

Coincidence? OFC Not.

OP bought cheap $DOGE  to hitbtc and he is using this scam accusation to push Hitbtc to release his $DOGE(as if hitbtc will read here) that he bought cheap. He is just trying to make a quick profit by selling it on other exchange.

Check reference on how long does Hitbtc have problem on DOGE withdrawal: https://www.reddit.com/r/hitbtc/comments/q7fh0d/doge_withdrawal/

This is interesting turn of event, I have to admit that such possibility didn't cross my mind, and judging from OP's effort to find the end of this situation --which I'll say pretty minimum because after they posted the opening post, they're not commenting or gives any other follow ups like they're not too interested or absorbed into this matter, although their fund is the one at risk here-- it is quite a possible scenario.

So, dfbtc, just to clear the air here and be sure of your position, can you please show us the TX details from your address to hitbtc?
copper member
Activity: 2422
Merit: 1313
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January 28, 2022, 03:03:17 PM
#20
And forcing their users to sell their Doge at $0.043
I have gone to coinmarketcap and I have seen that the price of dogecoin on the  HitBTC is less than 30% of the real (current) price. It is something like a stupid rate which usually shown bogus site like yobit.
copper member
Activity: 2800
Merit: 1179
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January 28, 2022, 12:09:47 PM
#19
how about exchanging doge to another coin like usdt and withdraw usdt ? if they allow trading

They have kept trading open so you can exchange dogecoin without any problem. But the most surprising thing here is that the rate on hitbtc is several times lower than the market price of dogecoin. This is a totally trap set by the hitbtc team for their customers, and the OP has fallen into that trap and now has no choice but to incur huge losses.



This issue of Hitbtc to withdrawal of $DOGE start since last year and I'm surprised that they still didn't fixed the problem. One thing I doubt about this accusation is how the heck OP will deposit huge amount of Dogecoin to Hitbtc without checking the price of the order book. There's a lot of top tier exchange like Binance and Kucoin that accepts $DOGE with the updated price yet he still deposit on Hitbtc with lower rate.

Coincidence? OFC Not.

OP bought cheap $DOGE  to hitbtc and he is using this scam accusation to push Hitbtc to release his $DOGE(as if hitbtc will read here) that he bought cheap. He is just trying to make a quick profit by selling it on other exchange.

Check reference on how long does Hitbtc have problem on DOGE withdrawal: https://www.reddit.com/r/hitbtc/comments/q7fh0d/doge_withdrawal/
sr. member
Activity: 476
Merit: 523
January 28, 2022, 11:57:09 AM
#18
First of all, sorry for your loss. What would happen if the price of the coin increase instead of decrease? I do not think you would blame for increasing the price. Now regarding the update, I do not think you are not new on the internet. So, you should not forget that this site also may require few maintenance.

I am not promoting the site or I am not taking part of the site. I am just providing my opinion.

And What if an exchanger claims that they doing wallet maintenance for a year now? would you believe that? I was thinking why HitBTC has the lowest trading price of Doge? Somehow I forget that. I am happy that I didn't fall for that. This is a Scam. They accept deposits from others and have the Doge on their wallet. And forcing their users to sell their Doge at $0.043. I would like to ask you please read the whole thread and posts which is 1 page.
You will understand what's going on. I don't know if HitBTC uses Bitcointalk or they have an ANN. If it exists and OP Creates a Flag, I guess a lot of DT will support his flag.
copper member
Activity: 2422
Merit: 1313
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January 22, 2022, 01:32:06 PM
#17
I recently deposited 15147 Dogecoins onto HitBTC, At this time 16/01/2022 they are worth $2,767.25, i use Dogecoins for the cheap sending fees and most exchanges use this currency. I was not expecting a price manipulation of $666.00 when i received the dogecoins on the website.

First of all, sorry for your loss. What would happen if the price of the coin increase instead of decrease? I do not think you would blame for increasing the price. Now regarding the update, I do not think you are not new on the internet. So, you should not forget that this site also may require few maintenance.

I am not promoting the site or I am not taking part of the site. I am just providing my opinion.
hero member
Activity: 1876
Merit: 721
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January 22, 2022, 01:56:13 AM
#16
how about exchanging doge to another coin like usdt and withdraw usdt ? if they allow trading

They have kept trading open so you can exchange dogecoin without any problem. But the most surprising thing here is that the rate on hitbtc is several times lower than the market price of dogecoin. This is a totally trap set by the hitbtc team for their customers, and the OP has fallen into that trap and now has no choice but to incur huge losses.

legendary
Activity: 2730
Merit: 1560
Yes, I'm an asshole
January 21, 2022, 10:32:07 PM
#15
how about exchanging doge to another coin like usdt and withdraw usdt ? if they allow trading

If you read the entire thread --which just one page-- you'll understand that this although this option is most possible to take, it came at a very high cost because the rate hitbtc put for doge/usdt is way lower than other exchange, which also far lower than the initial value of money he deposited on that exchange
jr. member
Activity: 58
Merit: 3
January 20, 2022, 09:32:10 PM
#14
how about exchanging doge to another coin like usdt and withdraw usdt ? if they allow trading
hero member
Activity: 1316
Merit: 379
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January 20, 2022, 02:58:48 PM
#13
HitBTC is a "no go" for me. I can't recount how many times my account with HitBTC has been hacked. The fortunate thing is that I didn't store any funds there.

If you recover your funds, then you have to be really thankful.
hero member
Activity: 1358
Merit: 851
January 20, 2022, 12:33:17 PM
#12
Out of curiosity and perhaps could be a beneficial knowledge for future reference or other users who stumbled upon this thread, do you mind to give a bit more context? Where's this $666 came from? A deposit fee?
That's the price gap between hitbtc and other exchanges but according to your screenshot, the gap must be far higher. I myself haven't checked DOIGHE price in hitbtc though but I'm well aware of this issue since the beginning. It started when DOGE got the first pump. After that, they have manipulated this and scammed thousands of its clients in a way that no one even complain about the valid cases to anyone. This update shit doesn't take more than a few days but they are still refusing to fix it which clears the issue that they are actually scamming people by forcing them to sell the DOGHE with lower price.
legendary
Activity: 2408
Merit: 2226
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January 20, 2022, 11:51:47 AM
#11
A long time ago I used HITBTC, just forgot how long. There are fucking fees and limitations of minimum withdrawal. That's the reason I forgot about Hitbtc and never go back there. They are scamming traders directly. Why fucking departs working where withdrawal isn't working. They deserve legal action but who will do it? They could make millions just from Doge, they have consciously suspended Doge withdrawal. I am wondering why OP choose that scan exchange where many reputed exist on the market.
hero member
Activity: 1428
Merit: 653
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January 19, 2022, 07:58:06 PM
#10
after my second time of using the exchange their operation weren't smooth and transparent to me so i stopped using them for trade and anything more, what gets me angry most is their price manipulations.
Few weeks ago, a friend of my called me about this same exchange with 2Fa issues and she having serious funds but they refused her to let in and make withdrawal instead asking her for deposits id's since she started using the exchange till date. She was like how could i be able to get all the requirements.. to cut story short.
she abandoned the exchange with their issues.
hero member
Activity: 1876
Merit: 721
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January 19, 2022, 01:40:05 PM
#9
I have used this exchange many times before and have also encountered many unexpected troubles. I think it's important to know the details of an exchange before using it. Before depositing funds in any other exchange, it is important to know whether the deposit has a deposit and withdraw option in that exchange.

Since you are facing a problem now, there is nothing to do but wait until the withdrawal of this dogecoin is opened and keep the funds in this shit exchange. Because no one would want to sell at such a big loss.
legendary
Activity: 2730
Merit: 1560
Yes, I'm an asshole
January 18, 2022, 06:41:30 AM
#8
I recently deposited 15147 Dogecoins onto HitBTC, At this time 16/01/2022 they are worth $2,767.25, i use Dogecoins for the cheap sending fees and most exchanges use this currency. I was not expecting a price manipulation of $666.00 when i received the dogecoins on the website. [...]


Out of curiosity and perhaps could be a beneficial knowledge for future reference or other users who stumbled upon this thread, do you mind to give a bit more context? Where's this $666 came from? A deposit fee?

Make sure you know the amount it will be converted to in USD and relate it to your doge price before converting it, if HitBTC wants to cheat you, do not convert, you will have no option than to wait until the withdrawal is working good again.

They are cheating the rate, it's been significantly lower for a while now, as can be seen by comparing to monthly graph I pulled from binance and the image next below. Hitbtc's doge has been below 0.01 since July or so, while binance's barely touched 0.01.



Although if we want to give them benefits of doubt, the rate difference is probably due to other users of their exchange desperately tried to liquidate their doge into other token and move it out of hitbtc at the lowest possible rate because of the said withdrawal issue, thus creating a dump.

maybe I'm seeing it wrong, but the doge price on hitbtc on all pairs is very high compared to any other exchange, [...]

Damn, this exchange still sucks from the first time I saw it. If you are forced to want to withdraw it in another coin, you will lose much less value. They really make a lot of profit from this, forcing users to sell doge on orders they make themselves because users have no other choice.
Doge>

[...]

Yes, you're seeing it wrong. DOGE/USDT on cmc is averaged $0.1665 as per today, January 18th, while hitbtc's rate is --as noorman0 said, 0.041.





The way I see it, it's a lose-lose situation. dfbtc can either severely cutloss by converting to USDT or XRP or other tokens like others suggested and withdrawn them from hitbtc --and preferably leave them for good-- or wait until doge price worldwide reached the same value as hitbtc, just for the sake of ---crooked-- peace of mind, because this scenario is no different than the cutloss, you still loss the outstanding value you initially had upon depositing, because I don't think they'll open their withdrawal anytime soon. A quick stroll on google shows me they've been having this "issue" for 9 months
legendary
Activity: 2534
Merit: 1233
January 17, 2022, 06:53:21 PM
#7
I used them before I dont have any problem but when they start requiring KYC compliance, I didn't use that exchange anymore.
That exchange platform has always had wallet maintenance in any blockchain wallet and I didn't expect until now that still their problem and it could be the reason people keep avoiding this exchange.

My question is, is your Dogecoin can be tradeable to other coins like XRP if you care about the fees or directly to Bitcoin.  I so, divert it into the other coin and withdraw it to your wallet.  If you don't have that option, there's nothing you can do is to wait until the withdrawal becomes available.
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