Is it really a scam exchange? - page 2.

dinans2018

newbie

Activity: 81

Merit: 0

Quote from: Wale777 on November 02, 2018, 03:46:35 PM

Bitdepositary CEO Tobias has alleged that hotbit exchange is a scam , he said it has fake volume and the bot keep dumping every coins listed on it's platform.. Bitdepositary Q-ratio ICO is founded to fight scam, a letter has been written by them to delist hotbit on coinmarketcap.
What is your experience about hotbit? Is it really a scam exchange?

beside of my experience hotbit exchange very well because hotbit responsibility. in the case of high and low prices it's specify by that project. for that problem i don't know about that issue. in my opinion just value in general.

Wale777

jr. member

Activity: 336

Merit: 1

Quote from: MadGamer on November 03, 2018, 07:36:36 AM

After searching a little bit, I found some people saying the same thing about Hotbit having phantom transaction and manipulating the trading volume etc.

I'm not sure If one could label an exchange as a scam for manipulating the price because from the way I see it, that's what all exchanges are doing right now. Just because CEO's haven't spoken about it before doesn't mean It's not real.

Oh really so all exchange manipulate volume and prices of all coins listed on their exchange? Even the big ones like Binance and bittrex? Well if this is true, then we all have to be very careful and don't leave tokens on exchanges wallet, just deposit, trade and withdraw immediately to your mew..

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: Wale777 on November 02, 2018, 03:46:35 PM

Bitdepositary CEO Tobias has alleged that hotbit exchange is a scam , he said it has fake volume and the bot keep dumping every coins listed on it's platform.. Bitdepositary Q-ratio ICO is founded to fight scam, a letter has been written by them to delist hotbit on coinmarketcap.
What is your experience about hotbit? Is it really a scam exchange?

Dont have much experience on using Hotbit since im not really fan of using smaller or unknown exchange on the very first place.I do always select the best and reputable ones.
Regarding on the issue if a certain Token CEO complaints on such behavior of such exchange like price manipulation or affect because of bots then it do already signifies that this exchange
is no good.If they do delist out their token voluntarily because of such situation or case then i do see that the project is really serious and they dont like for their tokens to be mainly affected with those
shady stuff.

passwordnow

hero member

Activity: 2968

Merit: 572

Leading Crypto Sports Betting & Casino Platform

I won't do a deep research about it but when someone tells bad thing about it, it's already a red flag to me.

I'll stop using and depositing coins there, others review are important to me and if its not only one review then that convinces me easily but not all the time.

MadGamer

legendary

Activity: 1568

Merit: 1031

After searching a little bit, I found some people saying the same thing about Hotbit having phantom transaction and manipulating the trading volume etc.

I'm not sure If one could label an exchange as a scam for manipulating the price because from the way I see it, that's what all exchanges are doing right now. Just because CEO's haven't spoken about it before doesn't mean It's not real.

Wale777

jr. member

Activity: 336

Merit: 1

Bitdepositary CEO Tobias has alleged that hotbit exchange is a scam , he said it has fake volume and the bot keep dumping every coins listed on it's platform.. Bitdepositary Q-ratio ICO is founded to fight scam, a letter has been written by them to delist hotbit on coinmarketcap.
What is your experience about hotbit? Is it really a scam exchange?

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