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Topic: Is anybody here actively trading on BiteBTC? Is it legit? - page 7. (Read 20501 times)

newbie
Activity: 182
Merit: 0
Actively conduct trades on this exchange for 2 weeks, problems have not arisen. I made a trial withdrawal, no problems.
Can you tell us how long you've been through identity verification? How long did you wait until your documents were checked?
jr. member
Activity: 154
Merit: 1
Actively conduct trades on this exchange for 2 weeks, problems have not arisen. I made a trial withdrawal, no problems.
sr. member
Activity: 1414
Merit: 283
So I've read some bad things about this exchange, and it's mainly accusations that they might do an exit scam after they've collected enough money with listing of various tokens for certain prices.

On their twitter they sometimes make airdrops for newly listed coins (some still in ICO) and I gotta admit those are the best airdrops I've ever done - in case you sign up on time you get the coins within a week or two - no complaints really. And some of the coins that they airdropped are trading at a very high price on their exchange (compared to ICO or the DEX they're listed on - none of them are listed on bigger exchanges yet)

But I can't trade them on their platform because it required KYC, and apparently they are really really slow with approving KYC's - a lot of people are complaining about not getting approved even 2-3 months after sending in their KYC.

So my question for you guys is:
Has anybody here gotten their KYC approved and is anybody here actively trading on this platform?


Your feedback would mean a lot. I'm still thinking whether or not I should send in my KYC.
Although BiteBtc is not a popular exchange and probably a lot of people never heard of it, it is not that bad as people think , however from the reviews that i have read it has slow transactions and exchanges within the platform take sometimes 24 hours to get completed, as for the KYC it has become a thing where almost all the exchange platforms in order to keep things legal, so you are better of using popular and trusted platforms that people know of.
newbie
Activity: 88
Merit: 0
Working with cryptocurrency exchange BiteBTC, you can make good money on investments in young coins, the choice is very large. I have already formed a portfolio of young coins.
A large selection of trading pairs and lured me to this exchange. I participate in bounty many projects, the resulting tokens are easy to sell on BiteBTC.
legendary
Activity: 2100
Merit: 1058
So I've read some bad things about this exchange, and it's mainly accusations that they might do an exit scam after they've collected enough money with listing of various tokens for certain prices.

On their twitter they sometimes make airdrops for newly listed coins (some still in ICO) and I gotta admit those are the best airdrops I've ever done - in case you sign up on time you get the coins within a week or two - no complaints really. And some of the coins that they airdropped are trading at a very high price on their exchange (compared to ICO or the DEX they're listed on - none of them are listed on bigger exchanges yet)

But I can't trade them on their platform because it required KYC, and apparently they are really really slow with approving KYC's - a lot of people are complaining about not getting approved even 2-3 months after sending in their KYC.

So my question for you guys is:
Has anybody here gotten their KYC approved and is anybody here actively trading on this platform?


Your feedback would mean a lot. I'm still thinking whether or not I should send in my KYC.
Since you don’t know much about the BiteBTC, don’t you think it will be much better for you to go for something better? There are lots of other exchanges with a very good reputation online and they have also been around for a very long time now, cause I’m very sure that this BiteBTC will be a new exchange.

But it you still choose to go for it, then don’t go with much, but with just a little money in case things don’t turn out to be what you were expecting. That’s my own advice.
full member
Activity: 659
Merit: 101
I have been trading on BiteBTC for 2 weeks, Deposit and withdrawal works well, but please note, I work with small amounts.
In order to start trading on BiteBTC you need to go through the process of identity verification, how long have you been doing this process?

I heard that the KYC procedure can be passed within 1 - 2 months. Is this information true? Or is there any other information about deadlines?
This seems so happy that people are asking for the information they know. I really don’t know about this KYC thing but still I hope you get best answer from someone who is here. Any body if know about such thing, please contact back here and tell this person. Don’t just accept everybody statement, listen to them but then double check them against other information as well.
member
Activity: 252
Merit: 10
Working with cryptocurrency exchange BiteBTC, you can make good money on investments in young coins, the choice is very large. I have already formed a portfolio of young coins.
full member
Activity: 448
Merit: 232
To date, the exchange has more than 50,000 active users and collaborates with many large crypto-projects, such as Verge, DigiByte, Reddcoin and ZenCash. Exchange policy is honest and open. I believe that BiteBTC will make a significant contribution to the development of blockchain-based solutions and will help implement many outstanding projects that currently don't have financing.
newbie
Activity: 182
Merit: 0
Do you accept credit card payments? Can I make a Deposit in dollars through the card?
BiteBTC accepts Visa/Mastercard payments as well as SWIFT Bank Wire Transfers in USD and EUR.

newbie
Activity: 182
Merit: 0
Do you accept credit card payments? Can I make a Deposit in dollars through the card?
member
Activity: 228
Merit: 10
In a couple of days ago I'm using biteBtc. biteBtc is a very new platform it comes in this online market in 2018, This is a legit cryptocurrency exchanger you can use it without a doubt. biteBtc is a very low transaction fee and you can withdraw minimum 5 dollars. Here is support worldwide bank transfer if you convert your currency and you can withdraw your own bank.
jr. member
Activity: 145
Merit: 2
Some coins list here on BiteBTC, But KYC takes a lot of time. I think it has some risk of this exchange
There is no risk, just have to wait a few weeks until the administration of the exchange will check your documents.
newbie
Activity: 280
Merit: 0
Some coins list here on BiteBTC, But KYC takes a lot of time. I think it has some risk of this exchange
jr. member
Activity: 182
Merit: 1
such hard to get verified. I don't understand, your exchange for global or just your country??

pass the verification is not hard, you just need to provide your personal documents for verification.
jr. member
Activity: 182
Merit: 1
such hard to get verified. I don't understand, your exchange for global or just your country??
jr. member
Activity: 182
Merit: 1
I have analyzed the situation and I can say that the reviews of this exchange are different, most of them are neutral, but there are also negative Ones. Many people have problems with identity verification, this is the main problem, there are no more problems.
sr. member
Activity: 2520
Merit: 280
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But these kind of exchanges were turned into scam earlier once they got enough funds into their wallet so it is better to stay away from these exchanges or read their terms and conditions before registering anything there because there were lot of funds were stuck because they can't produce the necessary documents to withdraw funds.
In order to avoid problems with the input and output of funds, you need to pass the identity verification, this information is specified in the rules of the exchange.
So if we can provide all the details they were asking then we can withdraw our funds.But recently I saw someone who just deposited his money into an exchange when trade it to bitcoin he asked too much of details to provide back his bitcoin but still he can't complete all the requirements which means he can't withdraw until he can provide details so be careful to avoid these kind of problems.
sr. member
Activity: 714
Merit: 251
I suggest you to trade on other exchanges with more volume, i already saw the reviews of that one and sometimes they are halting withdrawals and taking so much for deposits (they are manual most of the times) so just move on.

in any case, an exchange with a large volume reduces the risk of losing their coins. There have been such problems many times, although problems appear even in the most famous and popular exchanges, such as binance and bitfinex.
member
Activity: 119
Merit: 10
I suggest you to trade on other exchanges with more volume, i already saw the reviews of that one and sometimes they are halting withdrawals and taking so much for deposits (they are manual most of the times) so just move on.
jr. member
Activity: 154
Merit: 1

But these kind of exchanges were turned into scam earlier once they got enough funds into their wallet so it is better to stay away from these exchanges or read their terms and conditions before registering anything there because there were lot of funds were stuck because they can't produce the necessary documents to withdraw funds.
In order to avoid problems with the input and output of funds, you need to pass the identity verification, this information is specified in the rules of the exchange.
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