Is BCNEx is turning to a scam Exchange? - page 4.

coinmaster241

member

Activity: 672

Merit: 32

Quote from: totoy4741 on January 28, 2020, 09:54:44 AM

So here we go again, Many projects that seen to have a potentials and could urn into something big ing thw futures have turned into scam and even exchanges are following the trends. One of those projects that I thought it would compete with others big exchanges is BCNEX. Here is what happened, I logged in and traded all my balances including those I got from their bounty campaigns and asked for withdrawal( Jan 22,20200) and up until now my request is still pending. I have tried contacting their support and noone answered my email, I went to their telegram group but unfortunately it is deleted. With all these happening I don't think investors will have an appetite of investing in a project knowing that they could be scammed and don't be able to get their money back.

Are you removed from the telegram group? ... maybe a less pleasing submission could occur as a result of a telegram block, spammers can also be. Nowadays transactions are using more and more, the blockchain chain is also getting tighter. could it have happened because of blockchain traffic that was too dense? ... maybe, so the coins you pulled took so long to arrive

andy.bandy

newbie

Activity: 14

Merit: 1

I can't believe that so many exchanges turning into a scam, or get hacked, what is so hard to have the coins saved on hardware wallets and only send funds from there when a withdrawal is needed using a software?

Kaliecious

full member

Activity: 246

Merit: 100

all projects are potentially scams even large projects can be scams,
I also have a balance in the BCNEX exchange results from the bounty, but my balance is lost somewhere. when asked in the telegram group no one responds.
I assume this exchange is a scam

jacafbiz

hero member

Activity: 2128

Merit: 530

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I think some people are still in self denial, BCNEX is a born scam from day one, they claim they have raised huge amount of money but there is no big investor or capital fund that is associated or claim invested intho the project. As for withdrawal, incident like this should open people mind up and demand for DEX, we need real one

Tduty

member

Activity: 448

Merit: 21

Bcnex exchange is facing fund issue, that's why users are facing restriction in withdrawal. You can't withdraw more than 50$ and your withdrawal will be confirmed in a delay period! So, their activities are very suspicious! Though they are still replying and trying to get fix out, but there is still a possibility for BCNEX to be a scam exchange!

TrevorS

sr. member

Activity: 1050

Merit: 377

Quote from: X-ray on January 28, 2020, 12:17:56 PM

Quote from: TheICE007 on January 28, 2020, 11:54:50 AM

At first it looked like it was going to be a good exchange, but after there maintenance, seem things just turned around, I really don't know what to even say, people who have made withdrawals over a week now are yet to receive, this is crazy, let's see how the turn out of event would be.

this usually what happen to cheap exchange like this with minimal reputation, they tend to have problem whether it's inside job or a "real problem" and if the withdrawal pending that means they are lacking the funds which means people's money has gone to somewhere else, just stay away from any these kind of suspicious exchanges for real.

This exchange cannot be called cheap, if you believe their roadmap and reporting, the exchange has collected a fairly large amount of money. At least in Vietnam, they raised $ 1,000,000 in presales.
Then, on the platform of the exchange itself, they managed to collect at least $ 2,000,000 or $ 3,000,000 that is the data provided by the exchange, and what we could see during the fundraising on the platform itself.

The exchange looked very real and potentially safe. Even Justin Sun himself posted in his Twitter news that his Tron coin was placed on this exchange. As you can understand, it would be unlikely that a person of this magnitude would have taken up scam advertising, although who knows. Maybe something went wrong later, maybe the exchange was hacked, or one of the developers disappeared with money, this is unknown.

Goodvalony

member

Activity: 616

Merit: 16

This is likely going to happen. since they have limited new members into the group. New members are not allowed into the telegram group. it is closed for new members. that is a clear sign that something is not working right. withdrawal is limited and allowed for a certain period. some fishy is smelling. one thing is certain, as long as trade is still active and people can still long in. i think there is no cause for alarm.

kapalmabur

sr. member

Activity: 2002

Merit: 250

we don't know in the future BCNEX will be like, they have subsidiaries in several ASIA countries, like in Vietnam,
if BCNEX does end up scam, then it is a bad history for the world of crypto currencies

calandra78

copper member

Activity: 840

Merit: 114

Quote from: kynaz on January 29, 2020, 08:42:07 AM

Quote from: Lantind on January 29, 2020, 07:20:30 AM

It could be a scam, because As I see it, the BCNEX Team makes a big mistake when they don't take the withdrawal process seriously, they just ask to keep pulling on each user, while confirmation on every withdrawal is always pending.

They may be on vacation and of course investor withdrawals may be delayed. I think they will have the latest notification soon because I have been trading at this exchange for the past 2 months. In my opinion Bcnex is still very young so they will definitely not scam investors and hope that everything will be fine because everyone is feeling very worried.

withdrawal seems to have been chosen by their team. some withdrawals have been successful but those who withdraw no more than $ 50. whereas larger withdrawals experience a lot of rejection from the team. it's like it's not fair because the team doesn't want to lose money from their platform. but precisely what is done can make traders and investors' trust decrease over the inconvenience they experience.

kynaz

sr. member

Activity: 1078

Merit: 250

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Quote from: Lantind on January 29, 2020, 07:20:30 AM

It could be a scam, because As I see it, the BCNEX Team makes a big mistake when they don't take the withdrawal process seriously, they just ask to keep pulling on each user, while confirmation on every withdrawal is always pending.

They may be on vacation and of course investor withdrawals may be delayed. I think they will have the latest notification soon because I have been trading at this exchange for the past 2 months. In my opinion Bcnex is still very young so they will definitely not scam investors and hope that everything will be fine because everyone is feeling very worried.

Lantind

sr. member

Activity: 2324

Merit: 263

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It could be a scam, because As I see it, the BCNEX Team makes a big mistake when they don't take the withdrawal process seriously, they just ask to keep pulling on each user, while confirmation on every withdrawal is always pending.

BitDane

sr. member

Activity: 1372

Merit: 348

Quote from: Bonwin on January 28, 2020, 02:32:19 PM

An exchange that has just come up newly is likely to have some challenges to face, part of which is trading and withdrawal of funds. BCNEX has not stayed for long and I do not think they will want to jeopardize their efforts, with whatever mount they are holding now. If they had the intention of scamming, I believe they will wait longer to attract more, because such is still possible, owing to the fact that people believed i them at the initial stage.

I have seen several starting exchange but their service is not bad as this one. People unable to withdraw their fund or unable to receive their withdrawn fund with no communication to the exchange is a good proof that this suppose to be a good exchange is turning to be a scam one. The issue with BCNEX withdrawal has been around for some months now and yet another new victim still falls for it. I hope that you can get your withdrawn amount OP.

biddicoin

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Activity: 1077

Merit: 250

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Quote from: Endikadija on January 28, 2020, 08:09:25 PM

Quote from: TheICE007 on January 28, 2020, 11:54:50 AM

At first it looked like it was going to be a good exchange, but after there maintenance, seem things just turned around, I really don't know what to even say, people who have made withdrawals over a week now are yet to receive, this is crazy, let's see how the turn out of event would be.

That's to make sure if this exchange site can attract more users to put their money. So many scam projects were doing that shitty trick to fool the new traders and investors that will be coming in. It's not only crazy but this can't be tolerated again.

CEX is very risky for keeping your money, There are many similiar cases like this. I think the others CEX is possibily to get scam
I just suggest to you guys, if you plan to keep money in CEX for long term, then send it to your own wallet
it is absolutely better than keeping in CEX. no matter the good CEX at this time, it is still risky

Oneandpure

sr. member

Activity: 2100

Merit: 309

Quote from: ragavancoin on January 29, 2020, 12:23:28 AM

Stay away from such scam Exchange projects. By doing so it lost its reputation and people won't participate anymore. Almost so many members have complained against it and the admin has not been appeared when so much of projects have been tied up with them they should not scam it is not good.

Many people received their payment from BCNEX exchange and is not good ideas to said stay away from such scam exchange market, little process happen with BCNEX exchange maybe withdrawing process manually and need long time for waiting it and keep patience until your payment received.

20kevin20

legendary

Activity: 1134

Merit: 1598

Quote from: Xardasim on January 28, 2020, 07:37:25 PM

I did not choose them to trade. I was compelled to do this because they distribute the bounty reward to their exchange. I have the chance to withdraw almost 3 BCNX every day. I waited a while for amount to gather a little. Almost 60% of the amount has been gathered in recent days and when I tried to withdraw them, encounter with this result.

I see. Well, welcome to the big pool of scams. This is why I don't like new tokens and coins. I prefer the OG ones. It was better up until 2017-2018 when the ICO hype started and then turned into a token-printing opportunity for scammers.

I'd recommend sending BCNEX a message here on the forum and opening a thread in the Scam Accusation board if 3 days have passed without any kind of answer from them. Open a thread there and post as much proof as possible in order to prove your point. Other than that, there's not much else you can do..

Ridwan Fauzi

full member

Activity: 1330

Merit: 147

There are some user who have reported about bcnex on scam accusation you can see there

1. https://bitcointalksearch.org/topic/bcnex-looks-like-a-scam-5156208
2. https://bitcointalksearch.org/topic/bcnex-scam-alert-5212817

And I just thinking that this project has been investigeted by some users here on this forum. We will see that in a few times, hopefully there will be an answer.

arimamib

hero member

Activity: 1862

Merit: 574

Leading Crypto Sports Betting & Casino Platform

BCNEX is one of the projects discussed by many members here, and also one of my relatives. it is unfortunate if they do this because the concept they have is quite competitive, but if they are completely erased then I think you should forget about it, it is very soft, of course, but it's good to not get stuck in adversity.

reallester

full member

Activity: 646

Merit: 102

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There have been agitations as to why Bcnex disabled deposits and withdrawals. If this is true, then I think investors should be careful with such exchange.

ragavancoin

hero member

Activity: 1432

Merit: 500

Stay away from such scam Exchange projects. By doing so it lost its reputation and people won't participate anymore. Almost so many members have complained against it and the admin has not been appeared when so much of projects have been tied up with them they should not scam it is not good.

JeffBrad12

hero member

Activity: 2954

Merit: 533

Leading Crypto Sports Betting & Casino Platform

Quote from: Republikcoin.com on January 28, 2020, 10:01:37 PM

Quote from: minairia3 on January 28, 2020, 09:49:10 PM

I dont think we can justify it by those reason alone. Try contacting their support regarding your withdrawals mayne they can help you with that. Too early to say they are turning into scam now. Since they have a good marketing strategy and also community support. Lots of good projects has been tie up with them in the past so it's bad for them if they will start to do a scam when they already gaining traction and name on the community.

I think before sending support, we need to look for the admin in his telegram, and until now, the admin of Bcnex hasn't appeared in his telegram. honestly, I still have some assets there, and I have also made a withdrawal almost 1 week ago, and until now there has been no progress. in fact, many have asked this in the telegram.
however, his team should clarify this, instead of going on vacation with the exchanger there are still many problems.

The Telegram chat group has already deleted by the admin and how can you expect the help from the admin about this problem? If you didn't even check it and it's better for you to check it directly.
The team has already made clarification but again, nothing changed. The team keeps lying with the investors and users about this problem and they don't even give any feedback about so many accusations for them all.

Topic: Is BCNEx is turning to a scam Exchange? - page 4. (Read 992 times)