Sistemkoin exchange is a scam with all proof.

Bananington

sr. member

Activity: 1470

Merit: 428

Quote from: disconnectme on November 14, 2020, 02:36:33 PM

I don't understand why people like to throw away their money to all these scam exchanges, as long as exchange is using fake volume then is out of it for me, thank goodness now we now have better decentralised exchanges that you can trade on and have control of your fund.

The major reason why people use these shitty exchanges is because of some coins listed only on those exchanges or when traders want to take advantage of arbitrage, wherein the coin price is higher on those shitty exchanges. However, I try so hard to discipline myself never to go close to exchanges with low trust level and poor volume after my bad experience on p2pb2b.

disconnectme

hero member

Activity: 1876

Merit: 512

I don't understand why people like to throw away their money to all these scam exchanges, as long as exchange is using fake volume then is out of it for me, thank goodness now we now have better decentralised exchanges that you can trade on and have control of your fund.

Bitstar_coin

hero member

Activity: 2478

Merit: 695

SecureShift.io | Crypto-Exchange

Quote from: cryptonx on November 14, 2020, 01:02:41 PM

this is not a good sign, if the exchange need more than 2 months to solve this issue
and i think people should trade with a little amount of money if they want to trade in small and unknown exchange
because the risk is higher if we drop a huge amount of money to small exchange.

Seriously it doesn't even worth risky your funds over, better to use the well known and established exchange to trade than result to this small unknown exchange because at the end you will loss more than you gain, the only problem is many people don't Learn from others mistakes, this small exchange are always shady, most of them.

cryptonx

sr. member

Activity: 1176

Merit: 252

Futurov

this is not a good sign, if the exchange need more than 2 months to solve this issue
and i think people should trade with a little amount of money if they want to trade in small and unknown exchange
because the risk is higher if we drop a huge amount of money to small exchange.

noorman0

hero member

Activity: 1778

Merit: 709

[Nope]No hype delivers more than hope

Quote from: Mikestar2010 on November 14, 2020, 12:29:38 PM

This group is to collate all issues and understand how widespread the #btc or withdrawal problem is.

Please join and share your problem https://t.me/sistemkoinunofficial

We can tackle this together. I do have resources at my disposal and lots of hands make for lighter work.

So, what are your next plans after creating the group? For now, I have found nowhere other than this forum to submit complaints and get some suggestions from old members.

Also, I don't think it would be of much help to create a group if sistemkoin actually doesn't want to accept customer complaints. And most importantly, I hope that you will not ask for a certain amount of money from the members who are victims. This group is also kind of annoying with that many welcome bot messages instead of just placing them in embedded messages.

mnporter2001

sr. member

Activity: 602

Merit: 250

HEX: Longer pays better

Now it is Sistemkoin, later there will be countless other shit exchanges such as Latoken, Exmarket, Yobit, ... although we can make money by arbitrading but it is too risky when we deposit large amount over there. As you can see, the admins can ignore you and block you from sending their communication channels easily. Again, I want to alert everyone here about the regular scam of shit exchanges. We should only trade in large volumes on reputable Cexs such as Binance, MXC, which have a very professional staff and a large insurance fund to be able to refund you when a transaction error occurs.
P/s: Please send this article to the topic Accused scam project so everyone can withdraw money as quickly as possible.

Balladtony77

member

Activity: 378

Merit: 15

If you go ahead and patronize exchange like sistemkoin it's all on you, sistemkoin, p2pb2b, coinbene, bitforex, latoken are all bad exchanges and there are many bad reviews about them, lack of learning and doing good research is why people still trust and use this type of exchange

Mikestar2010

newbie

Activity: 6

Merit: 0

I am currently experiencing an 18 Day delay met with the same were upgrading and maintaining the BTC wallet.

They have now blocked me from following them on twitter also although i can log into my account.

As this has now gone on longer then my deadline. I informed #sistemkoin that a telegram would be created.

This group is to collate all issues and understand how widespread the #btc or withdrawal problem is.

Please join and share your problem https://t.me/sistemkoinunofficial

We can tackle this together. I do have resources at my disposal and lots of hands make for lighter work.

Kind Regards

Mike

Irvinn

full member

Activity: 966

Merit: 104

Quote from: ?? on ??

Quote from: Samayuki on March 07, 2020, 03:46:00 AM

They are all money grabbers, these new exchanges have nothing good to offer, I was scammed by vindax days back and till date they aren't responding, instead I got multiple scammers texting me about the problem on telegram

For some reason, all exchanges are currently experiencing problems, from Binance which has a sudden system error, Vindax ended scam, P2pb2b scam, then BCNEX is also a scam, and now Sistemcoin, what's wrong with all of them, is there no special action to handle this?

It is unfortunate that today the binance has problems, since this cryptocurrency exchange for me was the most authoritative resource. Of course, BCNEX cynically continues to deceive its users, not giving the opportunity to withdraw our funds from their accounts. I still can not pick up my ethereum from this exchange. It is very bad that there are no levers of control and the influence on the administration of these resources, for which certain facts of fraud really appear.

Samayuki

member

Activity: 574

Merit: 24

They are all money grabbers, these new exchanges have nothing good to offer, I was scammed by vindax days back and till date they aren't responding, instead I got multiple scammers texting me about the problem on telegram

memed97

full member

Activity: 1148

Merit: 101

Quote from: coiningz on March 06, 2020, 09:39:58 AM

Another one proof that you shouldnt use small exchanges

Right, now there are a few small exchanges that aren't suitable for everyone to use, one of them like Vindax, Bnex, and Sistemkoin, and maybe in the future there will be more that aren't worth using.

Quote from: Altcoin76 on March 06, 2020, 10:30:47 PM

yes you should not use small exchange because its future is not bright

Small exchanges do not consider their future, because we can think of small exchanges like a trap for everyone,
so people call such exchanges SCAM.

Mighty_crypt

member

Activity: 784

Merit: 21

I'm not surprised, it seems almost all new exchanges are just here to make money without rendering any good services, I have issue with vindax exchange too, I guess I'm going to add systemkoin to the list

Nalbo

full member

Activity: 874

Merit: 125

If you just search in this forum, you'll find tens of scam accusations against sistemkoin and almost half of them have the same issue.
Every users should at least try to research about the exchange or any service before jumping in to trust them with a large amount of coin.
A quick search before the incident could have changed the mind of the person depositing.

Twinkledoe

full member

Activity: 1904

Merit: 138

★Bitvest.io★ Play Plinko or Invest!

@ Altcoin76, you should move this thread to Scam Accusations board so people will know about this shady activity from Sistemkoin exchange

https://bitcointalk.org/index.php?board=83.0

I have never used that exchange and first time to encounter them, so I can't say anything to their services. But for those who have had experience, they can share it to the community to avoid others from falling to this kind of fraud and prevent from losing their money.

tsaroz

legendary

Activity: 3150

Merit: 1069

Many of my clients too have reported fraudulent activities from the sistemkoin exchange. The situation for most is similar to OP. They withdraw on one address while the coins are sent to another and the exchange claims the user has intentionally sent them.
They even accuse users of using phishing sites but they are getting email notification from the official email channel of the exchange.

Stanlo

full member

Activity: 952

Merit: 110

Honestly I can only use small exchanges if there is a particular tokens that can be sell on these exchanges, I will never, I repeat, I will never trade Bitcoin and other altcoins that are available on big exchanges on these small exchanges

jessyj48

member

Activity: 756

Merit: 14

It might not even be the exchange, what I'm saying is what if the address got swapped from Jeff's PC? There are malwares that can do this already, it's just a thought

Raflesia

hero member

Activity: 2282

Merit: 560

_""""Duelbits""""_

It turns out that the problem has been going on for a long time and until now it has not yet been overcome. Indeed, the exchange of the system of coins from Turkey is always a lot of problems with its users. It seems that the exchange has a low quality, so the handling is slow, has this been reported to the accusation board?

Sistemkoin often manipulates the price of many tokens into shitcoin there, especially the IEO on average fails.

Altcoin76

jr. member

Activity: 165

Merit: 3

Quote from: fortunecrypto on March 06, 2020, 10:40:43 PM

Quote from: Lhaine on March 06, 2020, 08:39:20 AM

Provide all the proof needed then open a scam accusation againts this project.

You can easily move this thread there in scam accusation section so the account of that exchange will be tagged and no one will be a victim again.

That's true OP should do it now, but he is not the one that was scammed and just got news from one site, it's better to contact the guy and ask him to post all the proofs in the scam section or it will just become hearsay and will not hold much weigh, or better extract the proof where it was posted and ask permission to post it here.

Okay I Will Contact Him To Post All The Proof In Forum Thank You For Your Suggestion.

fortunecrypto

legendary

Activity: 2450

Merit: 1047

Quote from: Lhaine on March 06, 2020, 08:39:20 AM

Provide all the proof needed then open a scam accusation againts this project.

You can easily move this thread there in scam accusation section so the account of that exchange will be tagged and no one will be a victim again.

That's true OP should do it now, but he is not the one that was scammed and just got news from one site, it's better to contact the guy and ask him to post all the proofs in the scam section or it will just become hearsay and will not hold much weigh, or better extract the proof where it was posted and ask permission to post it here.

Topic: Sistemkoin exchange is a scam with all proof. (Read 277 times)