Stay away from Vindax - page 9. | Bitcointalksearch.org

smyslov

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Quote from: Ryushin on February 27, 2020, 04:03:50 PM

Stay away from Vindax exchange, they are scammers in disguise, I've withdraw since 48hrs now and I never received my coins and there is this unbelievable act of stealing, check this image below

The pictures shows that if you want to withdraw from Vindax you are only allow to insert two digit numbers after 0.xx , meaning every other sats after 0.**678889 belongs to indax after removing their high withdrawal fee, after all this I never received my coins

Good to see this one some new coins coming from the ICO are now listing their coin to VINDAX, since VINDAX already has a bad report ask developers of the coins you've incested and promoted not to list their coin in VINDAX one of these coins is PGPAY and I almost trade it here.

bluebit25

sr. member

Activity: 1666

Merit: 292

Eloncoin.org - Mars, here we come!

A lot of new and small exchanges are acting like Vindax. They do not want users to receive their money in the current difficult conditions, so we need to stay away from these exchanges because it can become a scam anytime. Just choose the top exchange in this market and use, surely we will be safe

totoy4741

member

Activity: 882

Merit: 13

Vindax has some reputations of bad exchange and I even heard a scam exchaanges due to some abnormalities within its system. I may not have experienced it myself but there are many vindax users are complaining and the team are not even doing anything to regulate to rules. At least should know by now and it can be avoided by spreading their project's anomalies.

Novatech8

member

Activity: 700

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Sovryn - Brings DeFi to Bitcoin

Quote from: Twinkledoe on February 29, 2020, 03:49:24 AM

Quote from: Mia44 on February 27, 2020, 10:16:15 PM

A bad move, they force users to give up the change after two decimal places. I would never use an exchange like VinDax, in the market there is no shortage of better exchanges than Vindax.

Just to inform also, another exchange - cointiger is doing the same strategy. When you withdraw your bitcoin, the last 4 digits (i.e. 0.02345788 btc) is not included in your withdrawal payment. So it means, they are getting a lot of satoshis from the withdrawal alone aside from the actual fee of 50k. Imagine everyday, there are hundreds or thousands of withdrawals, they are already earning bitcoin from the withdrawals alone.

It's a way of gathering satoshis on their own, it's call cheating, just imagine if all users are leaving behind 0.****6793 sats every single day this way they will grow bitcoins on their own, can't trust exchanges anymore

Twinkledoe

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Quote from: Mia44 on February 27, 2020, 10:16:15 PM

A bad move, they force users to give up the change after two decimal places. I would never use an exchange like VinDax, in the market there is no shortage of better exchanges than Vindax.

Just to inform also, another exchange - cointiger is doing the same strategy. When you withdraw your bitcoin, the last 4 digits (i.e. 0.02345788 btc) is not included in your withdrawal payment. So it means, they are getting a lot of satoshis from the withdrawal alone aside from the actual fee of 50k. Imagine everyday, there are hundreds or thousands of withdrawals, they are already earning bitcoin from the withdrawals alone.

Stanlo

full member

Activity: 952

Merit: 110

There is nothing anyone can do about these exchange issues, no one will be able to take action against them because crypto invest is all users risks that is why majority of scam developers walks free after stealing investors money

jessyj48

member

Activity: 756

Merit: 14

If there is enough co-op in crypto space these type of exchanges won't move an inch, they will be ignored and get useless in short term, as for newbies that like attractive things they will still fall for vindax because vindax is a good looking exchange

minairia3

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Activity: 1498

Merit: 326

Leading Crypto Sports Betting & Casino Platform

Quote from: Ryushin on February 27, 2020, 04:03:50 PM

The pictures shows that if you want to withdraw from Vindax you are only allow to insert two digit numbers after 0.xx , meaning every other sats after 0.**678889 belongs to indax after removing their high withdrawal fee, after all this I never received my coins

That's not good actually since that small amount can also have some value and could reduce the transaction fee as well. The image is really disappointing, they cant say that exchange designed to transact and limit the coins and tokens to that decimal. I know Binance can also format your prefer decimal but the value you can transact is up to 5 digits if Im not mistaken. Thanks OP for this.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

I hope that this information can help other people not to use vindax. Personally, I don't know much about vindax because I still use the other exchange like binance and bittrex. But I also use hitbtc for a while because I still have some coin at that exchange, and I don't have a problem with them. But in hitbtc, I cannot withdraw the coins because the fee is too much higher than the other exchange, so I think I will only withdraw if the situations will get better than now.

rajsimran

full member

Activity: 714

Merit: 100

WTH! I faced this problem in hitbtc to trade.I can't sell all of my tokens.so there are many tokens that I can't withdraw and sell.Now vindax trying to follow the same path? 0.055 ETH mean 12$+.they are going to lose their customers if they don't change this shit rules.maybe this is the new drama to eat peoples money.Stay away from this shit exchanger.

gaston castano

sr. member

Activity: 1526

Merit: 251

too bad when I thought it was a good project.
yes once again we have been fooled by scamer, even they make their project look promising.
and run a bounty program in this forum to promote the project.

BitTraderCute

full member

Activity: 899

Merit: 101

if there is other exchanges to trade,better to use it. so far i dont know vindax reputation in crypto community .fortunately i have no crypto asset that list on vindax. if most of trade used by bot, i am not sure price will growth smoothly.we will see price stagnan on certain level or even dumped.

Leonardo7

member

Activity: 686

Merit: 15

Vindax has always been flagged as a useless exchange and they use bot in faking trade, any coin listed there dies. It's unfortunate that people will still choose to use Vindax exchange if they have other options. I don't have an account with them neither do I have with P2pb2p, both are birds of same feathers.

torrantz

sr. member

Activity: 1063

Merit: 253

Sovryn - Brings DeFi to Bitcoin

Quote from: Inkdatar on February 28, 2020, 08:01:33 AM

Quote from: trauchot on February 28, 2020, 06:06:18 AM

I have not used this cryptocurrency exchange for a long time because there is not a single trader there and there the whole volume of trading is simply fake and all companies that conduct IEO on this exchange cannot even collect a couple of dollars, so this exchange must have been closed long time ago.

Actually, it was an issue before they have a fake volume of trading just to attract users. Better not to use this exchange since it has many complaints of cannot withdraw. For us not to become a victim of this situation just use to trade a reliable exchange.

Maybe he was trying to trade a coin on vindax caused by it's not even listed in another exchange site. I have seen this so many times people were getting forced to use such exchange site and basically if their coin listed in a better exchange site and im thinking if they will never try to use the crap exchange site like vindax. they have no choice.

thisnewcoin

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Activity: 406

Merit: 104

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Quote from: ?? on ??

This is insanely bad and that is why we need regulated and licensed exchanges just like we have for forex, commodities and stocks. It is the only way to have peace of mind with exchanges, these scam exchanges should have been reported and authorities should have taken action.

Absolutely, the crypto market needs regulated exchanges to avoid such scams and bad behaviors. Therefore people should learn something before investing any money. I don't know why people don't listen and learn from their mistakes. We keep saying all these exchanges are shit, avoid by your all means but yet people keep using these exchanges. Maybe we need more reliable decentralized exchanges than these Vindax type shit exchange.

thisnewcoin

full member

Activity: 406

Merit: 104

Convert Crypto at BestChange

Yes, VindaX is a shit exchange like others very known like Coinsbit, P2PB2B, Shortex and Latoken and Coinlim and so on! I have never used Vindax before because whenever I saw this exchange for the first time, my mind was saying that this is another shit. Try to neglect these exchanges and boycott all the projects that goest for these exchanges for listing or IEO.

DarkDays

legendary

Activity: 2030

Merit: 1189

I've never understood why people trade on these shady new exchanges, seriously, why do you do it?

Is it because they've got trading pairs that you can't find elsewhere, or is it something else?

Honestly, if people just avoided exchanges outside of the top 10 by volume there would probably be zero hacks or thefts ever again.

joinfree

sr. member

Activity: 1246

Merit: 260

1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL

Yeah, there is so much control on Vindax Exchange and i am glad I withdrew my funds from that exchange months ago. I think they are attached to one project called Vitex which is a very good altcoin. It's good you have reported this issue to warn off members from this shit exchange. it was not as so bad when i was leaving so i thought maybe they can work things out. Too bad it is still getting worse Sad

Dr.Osh

legendary

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I have never done a transaction there, in fact, I have heard that many people think that Vindax has similarities with p2pb2b. however, try to send a support ticket, or meet them on their telegram, maybe you can get away out there. however, I also avoid this exchanger.

target

legendary

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That is how they handle it this time. I first experienced it last year, they are forcing users to withdraw some other altcoins instead.

Topic: Stay away from Vindax - page 9. (Read 2371 times)