Wtf it is 8100 right now what is happening there?
WEX currently has 20% withdrawal fees on USD and EUR, after they removed a few offramps. It was normal until last week, then slowly went to 9%, then 15%, then 20% today.
Notice that as withdrawal fees approach 100%, everything will moon. May or may not be a wexit scam after the exchange may or may not have been sold.
so many new exchanges have popped up... there will be a big elimination coming... trust the old ones, those who never been hacked and let the suckers do the debugging and join the quest for the best DEX.
What are you saying, exactly here?
WEX is a rebranding of BTC-e, so of course, they have a long history, and surely their last episode was a bit of a shocker with the US Government getting into their system and seizing some of their assets (but seemingly not the crypto)... WEX already had a really decent opportunity to perform an exit scam... so, it seems doubtful that they would do an exit scam...
Of course, some WEX skeptics would assert that they are just engaged in ongoing milking of their customers, and the exit scam will come at some later point, when there is no more customer funds to milk. Perhaps, perhaps, perhaps?
wtf I am saying?
I don't understand why you feel some kind of need to go on the offensive, over my attempt to interact with you on the above points? And, apparently from your response, you were working under a false premise to conclude that WEX was some kind of exchange newbie, which it is certainly far from such, because it is a rebranding by seeming necessity.
is that simple?
This could be the answer... When you attempt to oversimplify, then you miss nuances, and come to very likely to be wrong conclusions. ... and if you end up being correct, your correctness becomes a product of chance rather than the strength of your reasoning and/or factual support.
new untested unproven centralized high fees exchange are spring like mushroom in fall and that most will be "hacked"...
Why do you need to say this, when the premise is NOT true, when it comes to WEX?
There could be reasons that WEX does an exit scam, but it is not for the reason that they are new, inexperienced and/or unproven.
By the way, most exchanges, so far have a decently sized centralized component to them. Surely there are some attempts and aspirations towards decentralized exchanges, but those are far from playing any significant role in the world of crypto exchanges in the near future. So, yeah, there is nothing new here, and exchanges have been a weak point in bitcoin history from the beginning - or at least MT GOX in 2010 - and likely today, we could assert that exchanges have become more accountable and responsible in the most recent years, even though they continue to constitute a considerable amount of ongoing centralized (third-party) risk.
I didn't knew that BTC-e was now WEX, thanks for sharing, but what difference does it makes?
It makes a difference because it seems that the essence of your earlier argument was that they were new and did not have a track record.
apprently some posters reported that now it's 20% to retrieve your fiat...
Yes, this explanation about changes to the withdrawal fees does seem to provide a decent explanation regarding what is happening at WEX.. and sure, it could show that there is some kind of run on the bank concerns that WEX is having.. but it does not necessarily mean that they are going to perform an exit scam. I will grant that the 20% withdrawal of fiat fees is suspicious, and probably has a snowballing effect that decreases the credibility of WEX.