Topic: QBTC Scam Highly Risky and Untrustworthy Exchnage Alert (Read 258 times)

This exchange is a terrible Scam. Huge unreasonable fees. Problems with deposits and withdrawals. For example, banano (coin with instant transactions) credited to my account after many hours and several letters to technical support. I had to sell GOD and unfortunately this is the only exchange where the Deposit is open. Withdrawals are likely to be checked manually, even very small (although there are quite large minimum amounts for withdrawal). So you will wait for the staff to Wake up and check your withdrawal. The greed of this exchange is incredible. Stay away from this horror.

In the past their are so many exchanges scamed people. First they launched their exchange website and then promoting through social media and bounty and once they collect target amount they gone away and shut down everything. Innocent people got scammed. People should be aware before using any exchange. I only believe top volume exchange like binnace, bitterex , polonix etc.

There is already a scam accusation on QBTC though OP didn't gave the proper format on the thread, maybe you can provide it.
Basically this thread was created almost a year ago and didn't move to proper board so people didn't know about this.

Here's the link.
https://bitcointalksearch.org/topic/wwwmyqbtccom-is-scammers-5101997

Hi,

I recently registered at QTBC.COM website.

I have also transfered PASC coins to trade there.

### ALERT!! ALERT!! QBTC EXCHANGE is a complete SCAM. ALERT!! ALERT!! ###
### ALERT!! ALERT!! QBTC EXCHANGE is a complete SCAM. ALERT!! ALERT!! ###

Why?

1. When you try to trade, you will quickly notice that you just can't trade anything. Market is "virtual". Like a simulation of values. QBTC will only let you sell COINS for ridiculous low values below market (loosing a lot) or buy at ridiculous high value musch higher than market average value (stupid bad business) .....

2. You start a buying offer for a fare market value, you keep seeing other "trades" happening but yours just don't get bought or sold.

3. When you try to widthdraw coins, you really can't do it because it stays in a "pending" status forever......

4. They put coins in block status if you try a trading operation and cancel it. Of course that blocked coins cannot be traded or widthdrawed.

5. Widthdrawal FEES are huge. (Example: To send USDT would cost you 5 USDT of FEE Charge).

6. We application as bugs like no real transactions being shown. Support team states that it is too fast to be shown. You always see the same Sell or Buy (stupid) offers that have nothing to do with real market.

Stay away from QBTC.

Regards.
 

Recently many user have rate QBT exchange as risky and untrustworthy, we dont know the exact reason but we want to aware all other users to stary away from this exchange for any type of activities.

https://cryptomaa.com/exchange/QBTC/

It is also advised to Tokens and Coins who plan to list there that to stay away from such exchange where users are facing issues. This will create problem for your token holder later.

Some exchange are developed to scam users, COINSMARKETS exchange is the best example of scam and looks like this exchange is also following same path,

So this is advance alert based on people response