Topic: Is HitBTC a Scam? - page 2. (Read 13017 times)

Hello fellow crypto-miner,

Well after reading all the comments on this and many other forums, thinking about it and trying it out.... Hitbtc in my opinion is still undecidedly trustable...
I think it's legit, but it, like other exchange/wallets are under extreme service pressure.

1.) "Manual transaction recovery"
Every time something goes wrong it takes time to manually fix it... the longer they get backed up the longer it will take...
a.) This leads to new accounts being formed on forums like this where they say "SCAM" to the community... and we believe it... or at least some of us do..
     - these accounts are new accounts and have no specific details usually... posts could be real, time delayed, fake (corporate/net sabotage from other brand)
     - *** The long-term accounts on this forum that are wise and and have helped many others usually post about doing your homework to
              protect yourself in an emerging crytpo-industry and offer insight...  earned trust.  I'd believe them first...   new accounts screaming scam are upset people... quick to blah blah blah
     *Ask yourself about these new accounts.... what were they doing during these transactions? have they read any of the forums and offered solution possibles to their own problems?
( i myself had a transfer take 20+ hours...)

2.) As new and emerging cryto-currencies become available they have to update code and all the details it takes to handle said currencies... theres bound to be hiccups/bugs on everyones side from blockchain updates to wallet storage procedures for secuity (Is that done by clockchain too?)  plus plenty i cant even imagine about yet as a newcomer....  I understand these things can cause delay... and loss... as any risk industry does...    that's the responsibility you accept to join this emerging tech life so be warned.  to quote many great minds.."Back that shit up!"

3.) I lost my PC after realizing my cracked version of win 10 pro was allowing control over my software somehow and they were messing with my wallets, after i secured my wallets they crashed my explorer hard and no forum solution across the net could solve it... so i had to do a purchased OS install and recover what i could... back up drive "notes" FTW.  All my HitBTC funds were still in place because of 2FA <---- did they have this? was their OS cracked?

There are so many variables...   I trust the site to want to do what they say.....  I don't trust their company concept to currently handle the load they have.. hopefully it will improve to be real-time customer service one day.
I most certainly don't trust any new account screaming scam before I've done my own skill upgrade through research.    I'd give the company a rating but currently I'm still on round 2 of trying to mine and they have Bitcoin Gold now on Minergate...   dont get me started on those review forums....    do your homework man...  "The way you do one thing, is the way you do everything." - ME

Good luck, hope this helped.
Metrocan.

They have stolen 44k USD from me, its been over two months. I have provided ID and done everything they asked.
They keep road blocking me, there is another guy that had 130K USD stolen as well, exactly same circumstances.

They are selective scammers.

See my thread on Reddit:

https://www.reddit.com/r/ethtrader/comments/6vymim/scam_accusation_hitbtccom_scam_stolen_tokens/

I doubt that they are an outright scam, but they for a long time have various issues and annoyances they can't seem to get rid of.

Weird thing is that certain people are quite satisfied with that exchange, but in the same way, quite some people really hate it for everything being mentioned in this thread. It's basically the same with Bittrex.

Bittrex has gained an incredible number of new users lately (mainly due to Poloniex), but very recently a huge load of complaints has piled up quickly ~ it shows that there is a desperate need for decentralized exchanges.

Centralized exchanges are subject to all types of regulations, which is largely the main cause of the issues and annoyances exchanges have to put their traders through ~ it's likely going to be worse in the future.

They are a coin trap. Depositing is easy, but they are a scam from what i hear.

Same exact thing is happening to me...it’s Been 10 days now and I never get a solution to my 2FA, already sent all the evidence they needed. Please stay away from Hitbtc

MAybe they solved their problems? 2 people said that they already have no problems. Most likely they were corrected their technic part

have no problems too I make quite a few translations .. there were delays, but they are not critical .. everything is like on other exchanges

so guys, I use this exchange few months and up to this day I have no problems.. Am I exception?)

scam denounces hitbit
https://bitcointalk.org/index.php?topic=2192865.new#new

Lack of arbitrage trade between sites. Markets can differ, and market forces to elevate those differences got hampered by multiple issues. Mostly withdrawal procedures.
Arbitrage market has been prospering between Mintpal, Crypsty, Bittrex but you know .. most of these sites have exit scammed.

Never lose your 2 factor authentication with these guys. Ive been waiting 3 weeks and made multiple tickets and emails. Ive sent them plenty of evidence iam the account holder but they still ignore me. Im using the same ip ive been logging into and gave them info only the account holder would know. Now my emails are being rejected and ive had bannings from the chat with trying to ask for help. It doesnt look like they want me to recover my coins.. They say they send your ticket to the tech team but ive heard that before and had no reply.

Thanks to this thread I think I would stay away from HitBTC,
It seems that some coin in that site are still at high price while at the other's are dumping like in MGO when the price on the other trading site was about 35,000+ sats in HitBTC it was about 40 or 50,000 I think.

They are at least continually upgrading wallet software of the not so much traded coins, been LSK recently, frozen some funds during that time.
Since there are no deposit/withdraw limits you can utilize their service for small batches. On a same trust level I would range yobit and some consorts.

I was similar
5920 usd suddenly lost

hitbtc phishing
withdraw money from the user
Stay away if you do not want to lose your money
I snatched 5920 usd the whole great fortune with me
https://bitcointalksearch.org/topic/hitbtc-scam-takes-up-money-users-2155491

I believe you should post some evidence. I used HitBTC and all the transactions are successful. The only problem that I have was the transfer of DNT that took 20 hours but it still pushed through

Yes hitbtc is a scam. my money suddenly dissapeared with no one to talk to.

I transferred an ico coin to HitBTC because CoinMarketCap.com said it was one of the only sites to exchange this coin.  The coin made it to HitBTC but it has been stuck there ever since.  They have not replied to my emails for assistance.  If I ever get my coins off of HitBTC, I will never use this site again.  I'm hoping that my invested funds are not lost. I will make sure I do my research on exchange sites before I deposit and not take the word of other sites just because they have a link to it.  If HitBTC is in fact a really crappy site, then CoinMarketCap.com needs to take HitBTC off of there site as a credible market exchange!

yeah I just experienced it my self. Lucky it was only a dollar worth of altcoin that I lost. I wanted to log in but suddenly they asked for an authentification code. I never got one, so I mailed to the support address. they mail got bounced back.
So I peplied via their twitter and Facebook account, but no reply.
I read a lot of compains on their social media account. Guess I'm not the only one.

This is just plain FUD. I used HitBTC and they are Fine but the withdrawal of DNT took 20 Hours. BTC withdrawal smooth