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Topic: Is anybody here actively trading on BiteBTC? Is it legit? - page 9. (Read 20501 times)

member
Activity: 336
Merit: 10
No, I know another one, suitable for beginners and experienced traders, HitBTC is the development of Estonian programmers, starting investments of about $ 6 million. At present, 330 currency pairs are traded on the exchange, and the turnover of trades is 496,364,069 USD.
newbie
Activity: 56
Merit: 0
Never heard of that exchange.

First off, why do you even plan on trading on that exchange? There are lots of better exchanges out there, like Binance. If you're planning on trading new ERC20 tokens, then use EtherDelta[1] instead. It's a decentralized exchange, so no one is going to run away with your money. The only issue is it's pretty difficult to use for your first time. You're probably going to need a few guides before you understand how to use it, though it's definitely worth it.
Cheesy
newbie
Activity: 108
Merit: 0
I never trade this exchange but i heard some bad things in this exchange this exchange have verify problem if your verify ok you can trade this exchange
full member
Activity: 448
Merit: 110
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.
I have a theoretical perspective about why KYCs take long.  This may be due to the huge number of applicants applying for the sake of cashing out those ''best airdrops". We all know how people love freebies. See the way people respond to bounty threads on btc as proof.

On the other hand, they could intentionally delay KYC verifications to create an impression that their exchange is legit by being difficult to be verified.
sr. member
Activity: 1512
Merit: 326

I mainly trade on binance and kucoin, I've signed up for this exchange to get their airdropped tokens but apparently they're just manipulating prices and withholding kyc registration so I won't be able to do anything with the tokens until they get to some other exchanges.

I never heard about them . and after check at Coin marketcap they are also not on the list there, Where you read about BiteBTC until you deposit your money in there ?
i think this is official announcement of bitebtc https://bitcointalksearch.org/topic/ann-bitebtc-exchange-launched-2791504 and he is still active .
My solution is try to contact them directly with customer support if you still not get solution of your problem . and if they are very slow response . an open thread about it and wait for a response from people in here .
full member
Activity: 238
Merit: 113
Never heard of that exchange.

First off, why do you even plan on trading on that exchange? There are lots of better exchanges out there, like Binance. If you're planning on trading new ERC20 tokens, then use EtherDelta[1] instead. It's a decentralized exchange, so no one is going to run away with your money. The only issue is it's pretty difficult to use for your first time. You're probably going to need a few guides before you understand how to use it, though it's definitely worth it.


[1] https://etherdelta.com/

I mainly trade on binance and kucoin, I've signed up for this exchange to get their airdropped tokens but apparently they're just manipulating prices and withholding kyc registration so I won't be able to do anything with the tokens until they get to some other exchanges.
mk4
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
Never heard of that exchange.

First off, why do you even plan on trading on that exchange? There are lots of better exchanges out there, like Binance. If you're planning on trading new ERC20 tokens, then use EtherDelta[1] instead. It's a decentralized exchange, so no one is going to run away with your money. The only issue is it's pretty difficult to use for your first time. You're probably going to need a few guides before you understand how to use it, though it's definitely worth it.


[1] https://etherdelta.com/
hero member
Activity: 3192
Merit: 939
Trading airdroped altcoins with high prices(when you know that those altcoins aren`t listed on any major exchange platform) looks kinda suspicious.Perhaps they are manipulating their prices,or just making money out of listing fees.I would never send my personal info to some small exchange platform.I don`t even trust the big platforms.
member
Activity: 462
Merit: 11
I never heard about this exchange and dont know yet the reputation, for the better use legit and famous exchange that has high trading volume like Binance, Okex, Huobi, Bittrex, Poloniex , etc. All top 10 exchange based on trading volume is legit exchange and i been use all of them. But if you want to use that exchange, you have to try small deposit first and try to withdraw it again to know that work or not.
full member
Activity: 238
Merit: 113
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.
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