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Topic: Is Hitbtc a scam? (Read 543 times)

jr. member
Activity: 182
Merit: 8
April 07, 2020, 05:36:59 PM
#54
Yes these guys are scammers.
They dont give access to my account even i proved them im the owner of the account by many ways.
Stay away from them.
legendary
Activity: 3080
Merit: 1353
June 01, 2018, 03:58:36 AM
#53
even after being a good and advanced crypto exchange they are not concentrating on services and support .
Why would they focus on providing people support when regardless of what they put their users through, they know that people are almost forced to keep using them. Providing support is time consuming and expensive.

If they can have a very small group of people being responsible for the day to day operations, their operational cost will be extremely low. Low operational cost means more net profit every month.

The only way to make them improve their services is to stop using them until they actually start improving things. It's money they are after, which is directly the easiest way to hit (pun intended) that exchange as hard as possible.

They will only listen to you if they realize that their future income is at risk.

The issue is that many are trying to avoid Shitbtc, but their funds are held hostage.

I have pending IGNIS and some Bitcoin hardforks which are 5 months overdue. Once they release my funds, I'm getting the hell outta the exchange for good.

No way!!! 5 freaking months? that's really unacceptable, I'm already out liquidate all my coins into ETH because it says that Bitcoin withdrawal might takes month. So I don't want to take that risk although they will still display the same message, but what the heck, 4 weeks for a ETH withdrawal is not the norm because we all know that ETH network is not that clogged as Bitcoin so I go ahead and withdraw everything and get it in a few minutes so that's it for me. Plus they are really slow on my end, so bye bye HitBTC for me.
hero member
Activity: 2254
Merit: 537
My passive income eBook @ tinyurl.com/PIA10
June 01, 2018, 03:05:44 AM
#52
even after being a good and advanced crypto exchange they are not concentrating on services and support .
Why would they focus on providing people support when regardless of what they put their users through, they know that people are almost forced to keep using them. Providing support is time consuming and expensive.

If they can have a very small group of people being responsible for the day to day operations, their operational cost will be extremely low. Low operational cost means more net profit every month.

The only way to make them improve their services is to stop using them until they actually start improving things. It's money they are after, which is directly the easiest way to hit (pun intended) that exchange as hard as possible.

They will only listen to you if they realize that their future income is at risk.

The issue is that many are trying to avoid Shitbtc, but their funds are held hostage.

I have pending IGNIS and some Bitcoin hardforks which are 5 months overdue. Once they release my funds, I'm getting the hell outta the exchange for good.
legendary
Activity: 1526
Merit: 1179
May 30, 2018, 05:19:14 PM
#51
even after being a good and advanced crypto exchange they are not concentrating on services and support .
Why would they focus on providing people support when regardless of what they put their users through, they know that people are almost forced to keep using them. Providing support is time consuming and expensive.

If they can have a very small group of people being responsible for the day to day operations, their operational cost will be extremely low. Low operational cost means more net profit every month.

The only way to make them improve their services is to stop using them until they actually start improving things. It's money they are after, which is directly the easiest way to hit (pun intended) that exchange as hard as possible.

They will only listen to you if they realize that their future income is at risk.
newbie
Activity: 182
Merit: 0
May 30, 2018, 04:47:38 PM
#50
Hey All,

I have some btc stuck on hitbtc there is no email coming so I can withdraw my coins is hitbtc a scam I've read a few bad things about them on here. What do you guys think?

they are not scam but their services are sometimes so much poor that anyone will doubt on their reputation .
happened with me many times in past where they either disabled deposits or delayed it for upto 10 days . in withdrawal too same issue with TRX and 2 other coins . when you mail them or raise a ticket reply takes much time , also twitter team reply only few posts depend on their mood .
even after being a good and advanced crypto exchange they are not concentrating on services and support .
member
Activity: 330
Merit: 23
May 30, 2018, 12:12:11 PM
#49
Hey All,

I have some btc stuck on hitbtc there is no email coming so I can withdraw my coins is hitbtc a scam I've read a few bad things about them on here. What do you guys think?
It's not a scam, but it is one of the shittiest exchanges out there. If you have an ICO and you lists your Tokens at HitBTC, you want to loose investors. I hope you can transfer your BTC finally, good luck.
member
Activity: 140
Merit: 10
May 29, 2018, 02:54:52 PM
#48
In my opinion Hitbtc is a good platform of exchange, they have quite good reputation. Sometimes the mistake are in users side. Always you should  double check everything.
sr. member
Activity: 443
Merit: 250
Blockchain Just Entered The Real World
May 16, 2018, 11:05:44 PM
#47
Hey All,

I have some btc stuck on hitbtc there is no email coming so I can withdraw my coins is hitbtc a scam I've read a few bad things about them on here. What do you guys think?

check in spam folder
if not found email you can sending support ticket or cancel withdraw
and then repeat withdraw again
full member
Activity: 448
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
May 16, 2018, 08:00:07 PM
#46
Yes you can try to withdraw  your coins if you are doubting the site, I also deposit some small amount of bitcoins there before and make some scalping with certain coin and earn some small amount,  I also tried to become inactive there for a weeks and tried to withdrew my coins and there's no problem, the transaction is smooth and fast.
legendary
Activity: 2170
Merit: 1427
May 16, 2018, 10:32:05 AM
#45
Done a few trades there with zero hassle.
It depends on what coins you are using for trading purposes. If you stick to just Bitcoin and other top level altcoins, you are less likely going to face any sort of problems, which applies to all shitcoin exchanges. In other words, an exchange (especially when it concerns a shitcoin exchange) can be as good or shitty as you want it to be.

But I'm lately worried about all these exchanges, not because I think they want to scam us. Just much safer to keep your coins with you.
Lately? It has always been safer to keep your coins just with you instead of leaving them on exchanges. Also, you should be worried because of how they *might* scam you. Most of the times when an exchange gets hacked I very much doubt that it actually got hacked. It's far too easy as exchange operator to plan everything in the best possible way. Coincheck was not an exception. $500 million worth of crypto assets in hot wallets, hello, how obvious do people want to have it?
jr. member
Activity: 266
Merit: 1
May 16, 2018, 07:23:06 AM
#44
Hey All,

I have some btc stuck on hitbtc there is no email coming so I can withdraw my coins is hitbtc a scam I've read a few bad things about them on here. What do you guys think?

No I don't think so. Done a few trades there with zero hassle. But I'm lately worried about all these exchanges, not because I think they want to scam us. Just much safer to keep your coins with you. And yes I do understand we need them to get our hands on new coins.  Smiley Just glad you came right.
legendary
Activity: 3080
Merit: 1353
May 16, 2018, 01:58:11 AM
#43
Once I deposited some SC coins in it and it said the wallet works ok but it took 21 days to see my SC coins in Hitbtc wallet  Grin
another thing was when I bought NXT in Hitbtc to receive Ignis airdrop , and it's been ages still haven't received any ignis!
I just try to stay away from it!

Jesus 21 days man that is SOOOO efficient lol these guys better stay on top of things or they will be beaten out by the competition....

Ok I'm been using HitBtc for at least 6 months now and so far I haven't got any issues, only one though but it was resolved already. However, let me quote one user today:

Today I wanted to withdraw Bitcoin from HitBTC, it gives me the message: Because of the congestion of the exchange, your funds can get to you on your wallet for 4 weeks! If you agree, click continue! How do you like it?! 4 weeks!

I'm not sure if this is true or not, but if it is then I think I will take all my coins on that exchanges. That's too much. They just lost a lot of customers here with this kind of withdrawal protection. 4 weeks? WTF?
sr. member
Activity: 728
Merit: 255
May 14, 2018, 09:21:57 PM
#42
Once I deposited some SC coins in it and it said the wallet works ok but it took 21 days to see my SC coins in Hitbtc wallet  Grin
another thing was when I bought NXT in Hitbtc to receive Ignis airdrop , and it's been ages still haven't received any ignis!
I just try to stay away from it!

Jesus 21 days man that is SOOOO efficient lol these guys better stay on top of things or they will be beaten out by the competition....
hero member
Activity: 1036
Merit: 520
May 14, 2018, 02:33:14 AM
#41
Once I deposited some SC coins in it and it said the wallet works ok but it took 21 days to see my SC coins in Hitbtc wallet  Grin
another thing was when I bought NXT in Hitbtc to receive Ignis airdrop , and it's been ages still haven't received any ignis!
I just try to stay away from it!
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
May 13, 2018, 05:59:22 PM
#40
One thing is sure we cannot trust any exchange even its very reputable because in bitcoin history many run with very good reputation I am also using this for some time have many troubles in very short time now very selective about this because many reports coming which are not good enough

Exchanges are entering a new phase of legitimacy, or rather the non shit ones. I really can't see a Goldman Sachs or NYSE backed place running away with funds or going bankrupt because of a gaping security hole.

The new danger to users on places like that is disappearing into their KYC/AML hell and never emerging again.
hero member
Activity: 756
Merit: 504
May 13, 2018, 05:34:08 PM
#39
I've been reading up on this today. There seems to be a lot of theorising about the links between various services that are selectively scamming people.

According to this - https://monero.stackexchange.com/questions/2930/which-entities-are-related-to-bytecoin-and-minergate

Hitbtc is one string in a shadowy bow with tentacles everywhere. I wouldn't know about that. I do know that Hitbtc sounds shit and I'd never put a penny into it.
Thanks for your valuable insights! I was using HitBTC as my main altcoin exchange so far but I will be more cautious after reading all these threads and the complaints which are in there.
We can never trust any exchange. Fullstop
One thing is sure we cannot trust any exchange even its very reputable because in bitcoin history many run with very good reputation I am also using this for some time have many troubles in very short time now very selective about this because many reports coming which are not good enough
sr. member
Activity: 728
Merit: 255
May 13, 2018, 01:52:17 PM
#38
We can never trust any exchange. Fullstop

It's sad to see that only a very few people think like that. It's even more sad when we take into consideration how the majority of the people use exchanges as wallet, all out of laziness. In other words, the majority of the circulating Bitcoins is held by centralized services. It was pretty shocking for me to read that Xapo is sitting on $10 billion in client funds, which goes beyond everything we value.

All these fools think to have left the banking system and are now safe, while in reality nothing has changed for them; their funds are still being controlled by a central party. I consider it to be worse than having your money stuck in banks because of how scummy most of the exchanges are, and how incapable they are of professionally running a multi billion operation. Every time an exchange goes down, even if it's for a few minutes, people start worrying, wich says enough. People don't trust exchanges but are still using them. Roll Eyes

Yea I really want to create some sort of service in the crypto world that would regulate/punish in some sort of way all these scams and other bull crap in this space that you have to constantly keep an eye out for.
legendary
Activity: 2170
Merit: 1427
May 13, 2018, 10:17:34 AM
#37
We can never trust any exchange. Fullstop

It's sad to see that only a very few people think like that. It's even more sad when we take into consideration how the majority of the people use exchanges as wallet, all out of laziness. In other words, the majority of the circulating Bitcoins is held by centralized services. It was pretty shocking for me to read that Xapo is sitting on $10 billion in client funds, which goes beyond everything we value.

All these fools think to have left the banking system and are now safe, while in reality nothing has changed for them; their funds are still being controlled by a central party. I consider it to be worse than having your money stuck in banks because of how scummy most of the exchanges are, and how incapable they are of professionally running a multi billion operation. Every time an exchange goes down, even if it's for a few minutes, people start worrying, wich says enough. People don't trust exchanges but are still using them. Roll Eyes
legendary
Activity: 2310
Merit: 1422
May 13, 2018, 07:41:35 AM
#36
I've been reading up on this today. There seems to be a lot of theorising about the links between various services that are selectively scamming people.

According to this - https://monero.stackexchange.com/questions/2930/which-entities-are-related-to-bytecoin-and-minergate

Hitbtc is one string in a shadowy bow with tentacles everywhere. I wouldn't know about that. I do know that Hitbtc sounds shit and I'd never put a penny into it.
Thanks for your valuable insights! I was using HitBTC as my main altcoin exchange so far but I will be more cautious after reading all these threads and the complaints which are in there.
We can never trust any exchange. Fullstop
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
May 13, 2018, 07:35:16 AM
#35
I've been reading up on this today. There seems to be a lot of theorising about the links between various services that are selectively scamming people.

According to this - https://monero.stackexchange.com/questions/2930/which-entities-are-related-to-bytecoin-and-minergate

Hitbtc is one string in a shadowy bow with tentacles everywhere. I wouldn't know about that. I do know that Hitbtc sounds shit and I'd never put a penny into it.
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