Topic: NEW SCAM EXCHANGE *ALERT* *SCAM* BOLOLEX.COM *ALERT* *SCAM* WITH PROOF (Read 234 times)

I've used them for about two years without a problem.  I keep a very low balance on there.

I'm not suggesting anyone use them.  I'm just giving my experience trying the low cap staking coin ecosystem to produce BTC on old computers.

Why are you promoting scam? The site clearly looks like a scam

Just posting to trigger this on top of the list again in case people are interested in the update.


NOTE: IT'S BACK UP AND I MADE TWO WITHDRAWELS.

People use these exchanges so that they can launch smaller coins, which may have legit teams of decent people.

They cannot control what exchanges they get on since most of them charge something, and then they do exist scams or need to close doing business somehwere, like in the USA.

I stake low cap coins so like them for that, except I don't trust any of them with more than about $20 for trading volume.

I notice today the bololex has a bad gateway error.

NOTE: IT'S BACK UP AND I MADE TWO WITHDRAWELS.

Glad they did and perhaps your case was resolve but you still have to apply caution, bigger risk bigger reward but you need to know the type of risk to take that won't leave you high dry, if not for this thread i have never heard of such exchange, they may have come through now but who knows what will happen next, well i guess now you can lock the thread since you find a solution.

I was wrong.  There was an error that occurred and they made it right.  Everything in this industry is risky.  There are no guarantees and while yes, it's far safer to use something like coinbase or binance but if I want to invest in an altcoin with more short term potential for growth, those exchanges don't offer that.  This is literally a case of bigger risk, bigger reward.  But Bololex did come through for me.  A scam site likely would not have. 

Why must you? Are you stupid? Upon all the exchanges that are present in crypto space you still choose the one that no one knew anything about? Stop trading on exchanges that are just starting up there is a 95% chance that they are looking for people to prey on

I wish I'd read this before attempting to trade on this site.  It is my own fault and I paid the price.  I've sent multiple emails, reached out to them on facebook, instagram, e-mail and and I've had no response.  I wasn't able to trade or transfer so I tried to convert to their Bolex coin.  $214 worth of BNB and I got .01 Bolex token which comes out to 0 anything else.  Just don't trade on Bolex.  It doesn't work and they'll take your money and turn their back on you. 

Thats very kind of you that you have used it to warn others. I think you didn't lose any funds when doing this. Any new exchange should use with extra caution as long as someone verifies and reviews them as a legit exchange. It will be better to use any decentralized exchange for better security.

We have already shared with you the reasoning behind this. New orders are created every minute/ second, so the ones that are visible at that moment go lower and if you just click on the "SCROLL" button, you can scroll up or down to go lower or higher to see the orders. Even if the market making bots put orders, it won't mean that your order has DISAPPEARED. Try to watch several videos or just trade on other exchanges (for example, the ones that you have apparently built) to understand how it works in reality.  If you have actually been concerned about your order getting lost or disappearing in your words, you could have been more respectful at first, instead of blackmailing and demanding money for your "silence". Plus, what is the need for faking identity and pretending to be someone else to try to question us on Telegram?  It is clear that you are a regular scammer, who has been only rude and unrespectful towards us, because of which it is more than normal to ban your account on socials and close your trading options on our exchange. Clearly, if you have been disappointed by our "scammy" exchange, what is the need of staying there? This is our last warning. Please, send us your passport scan and personal photograph to our support email, or your request will be handled by our legal department ( which will not have a positive result for you).

There are just too many centralized exchanges. Be really really careful when using CEX's. Better use decentralized exchanges if you ca.
You end up paying more transaction cost but the funds are always  safe and no order book manipulation which is present in almost every exchange I have seen. Some more obvious than others.
I could point one or two out but don't wanna do that.

Dear Jeremy Lee ([email protected]),
We have already shared with you the reasoning behind this. New orders are created every minute/ second, so the ones that are visible at that moment go lower and if you just click on the "SCROLL" button, you can scroll up or down to go lower or higher to see the orders. Even if the market making bots put orders, it won't mean that your order has DISAPPEARED. Try to watch several videos or just trade on other exchanges (for example, the ones that you have apparently built) to understand how it works in reality.  If you have actually been concerned about your order getting lost or disappearing in your words, you could have been more respectful at first, instead of blackmailing and demanding money for your "silence". Plus, what is the need for faking identity and pretending to be someone else to try to question us on Telegram?  It is clear that you are a regular scammer, who has been only rude and unrespectful towards us, because of which it is more than normal to ban your account on socials and close your trading options on our exchange. Clearly, if you have been disappointed by our "scammy" exchange, what is the need of staying there? This is our last warning. Please, send us your passport scan and personal photograph to our support email, or your request will be handled by our legal department ( which will not have a positive result for you).

Welcome to the world of crypto. If you join Telegram,,, which I no longer use, but I am sure 100% it is still the same today, and you start being active in crypto groups you will eventually get invited to so-called arbitrage groups.

They show you prices so cheap on random exchanges. You sign up, deposit, and realize oh man,,, you got scammed.

Cryptocurrencies are now the center of attention and therefore hundreds of cryptocurrency exchanges open every day. Of course, there will be spam exchanges among them. We need to trade on major stock exchanges and research other exchanges very well.

Seems legit.

Yeah, their bot was not reacting to every new latest order sometimes the bots will be always  moving under the lattes new sell order to avoid the bot not giving/buying on some price more than the cheapest sell order on market book.

Anyway, BOLOLEX was unknown address and has some potential scam you by asking some document or other things why you used this exchange when almost 90-95% everyone don't know about these exchange?

This is the first time I am hearing about this exchange. Is it a local exchange operating only in your country?

These exchanges come up with lucrative offers and newbies like you are their targets. As an investor you should not trust any exchange with your money. There are a lot of reputed & trusted exchanges out there you should use them.

UPDATE*****************

they ban me on telegram. i was pretending not to be me and try and illicit some kind of explanation to which i received nothing but obstinance and denial of even seeing the orders removed.
final statement was advising me my account is under investigation and i am required to send in the "required docs" yet again NOOOOOOOOOOO DOCS OR REQ FOR DOCS HAS BEEN SENT TO ME NOR IS THERE ANY INFO AS TO WHAT DOCS THEY WANT ON THE SITE!!!!!!!!!!
UPDATE

I use them to expose them.... that is why. Legit ones need promoting so they can gain footholds.. Scam ones need to be found out to clean on the crypto-sphere. Since it is the wild west.. we have to police it ourselves

I don't feel pity for anyone that fall for such scam exchange, why must you use a exchange that's not popular? I can't even count how many times newbies have been warned to stay away from unknown or new exchanges, we have over 30 well known crypto exchanges why bololex.com ?

**ALERT** **SCAM** **THEIVES** **ALERT** **SCAM** **THEIVES** **ALERT** **SCAM** **THEIVES** **ALERT** **SCAM** **THEIVES** **ALERT** **SCAM** **THEIVES**
**ALERT** **SCAM** **THEIVES** **ALERT** **SCAM** **THEIVES** **ALERT** **SCAM** **THEIVES** **ALERT** **SCAM** **THEIVES** **ALERT** **SCAM** **THEIVES**



https://i.imgur.com/K6e1WWw.png

I was going to try to make this look pretty but I dont care this just needs to be known.

https://bololex.com/

Charge:

Order manipulation
Reporting Fake orders
Theft

Evidence:

short video (1 minute-ish) showing them removing my order (sorry for noise mining equipment was running)
second incident of it happening

https://drive.google.com/file/d/1xtR4y2ODDbiwWWL9oQiMVIOWkcNRlYH4/view?usp=sharing

longer video of a different incident of it happening. This happened moments before the first link
 
https://drive.google.com/file/d/1448zLYJL4HJTxVbskUSIrFzSYIyt-x3F/view?usp=sharing




Original issue:

    I noticed their liquidity bots placing orders stacking on mine. I get it.. we all know exchanges are ran by bots. But i wanted to test them. I placed my buy and sell orders right on top of each other... locking the trades on their BTC/USDT market. You would think that the bot would buy or sell to one or the other then adjust .. no.. orders still happened... but not to my orders that where supposedly timestamped first at that price. it was like my orders were being over looked. Only thing to assume is that there is an error or the bots can bypass orders.. or they are reporting fake trades.
    I contact them and they deny. then want me to send them screen shots.. i told them they have the order book. i gave the time frame. and advised they will have to look through their database.
following day I am trying to salvage some trades there and withdraw my coins. I have a few transfers that are still in route at this time from me to the exchange that were sent previous to this ordeal as well that im am waiting to come in so i can withdraw them too.

I then notice that my sell order on the doge market disappeared but no value was in my BTC. I refresh the screen and my order goes back up. This happened a few times. PLEASE SEE EVIDENCE ABOVE.. So i have been trying to withdraw ALL my coins.. I report my findings to support showing evidence and they deny. I try to blackmail and see if i can make some coin back.. still planning on reporting them anyways..  And now they have blocked my withdraws canceled one of my pending withdraws and adjust balances, please see image of one incident of it below

https://i.imgur.com/w8ACqGN.png


Final Accusation

https://bololex.com is manipulating user orders. Their bots, or possibly admin directly, can and do move user orders so they only buy and sell to themselves.  to avoid loss and inflate markets to raise profits. When confronted with the evidence.. they literally steal the coins in your wallets and block your withdraws and try to hide behind AML and KYC but to this point I have not received contact from their security officer to submit a thing. Nor is there anything onsite for registering or submitting docs.


**ALERT** **SCAM** **THEIVES** **ALERT** **SCAM** **THEIVES** **ALERT** **SCAM** **THEIVES** **ALERT** **SCAM** **THEIVES** **ALERT** **SCAM** **THEIVES**
**ALERT** **SCAM** **THEIVES** **ALERT** **SCAM** **THEIVES** **ALERT** **SCAM** **THEIVES** **ALERT** **SCAM** **THEIVES** **ALERT** **SCAM** **THEIVES**